Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[Arriemoller]

Man in front of the Kremlin shouts “the whole world is suffering because of one man!”. He is arrested.
During the interrogation he is asked who he meant. He says “Zelensky!”. He is then released. At the door he turns around and asks the police officers “Who did you mean?”

[cygan]

[Arriemoller]

Have you heard the thrilling information? The world now has a new Bitcoin beach! It is situated on 130 acres of private land in central Michigan and is the most northern Bitcoin beach community.

At Lake Satoshi, Bitcoin Beach North is situated at 42.9272437 latitude. You can locate Lake Satoshi and Bitcoin Beach North using Google Maps.



This is an incredible example of Bitcoin Beach. In winter, this Bitcoin Beach will freeze over and become a popular site for ice fishing! can be expected.

Ben, yet another Bitcoiner, put forth a tremendous amount of effort to make everyone feel welcome and informed during the first BBQ at Bitcoin Beach North event. At the age of 17, he first used Bitcoin, which served as his introduction to reliable money, in high school. Ben now assists with marketing and instruction

bitcoin 101: https://bitcoin101.io/

PF is the third person in the Bitcoin 101 triumvirate. PF and Smith collaborated throughout the 1990s, and Bitcoin brought them back together. The Michigan Plebeian Mesh Network and the Bitcoin 101 website are both maintained by PF.



The distance to significant Bitcoin landmarks and businesses is indicated on a sign post with an illustration. There was however one pointer that wasn't initially clear to the majority of folks. After much deliberation and discussion, some of us finally understood it.

Bitcoin Beach is located about 6 miles north of Lake Satoshi, Mike Smith is the owner of Bitcoin 101, a business that offers Bitcoin education and services out of an old bank facility in Ovid, Michigan.

The first bank he wanted to buy didn't sell to him because he was promoting Bitcoin! Smith, who was struggling, found a better building just five minutes from Bitcoin Beach North. And it worked because he was even more covert about his plans to convert it into a bitcoin instruction facility!



With bank deposit slips from the 1800s and an Ohio-made mechanical bank vault, the current structure is both a historical gem and a lesson in fiat banking. Currently, a network of mechanical and electronic locks is used to secure the vault.



Office of Bitcoin101: Locks on bank vaults.



Office of Bitcoin101: Bank vault doors.



Historical exhibits about past and present money are being built by Smith and his Bitcoin team. They run several Bitcoin mines that heat the office during Michigan's bitter winters.

Click to know details about this: Click

Img link

Use quotation marks when you quote please.

Shrink images when you quote please.

I'm not a computer geek, so I have no idea how to do that, no pictures will ever be shrunken by me.

[Arriemoller]

No, you will not see 60k+ in the next year, that will probably not happen until 2025.

In the last cycles it took a bit less than 2 years to reach the ATH after the bottom.


If that repeats and if this cycle's bottom was in June '22 we will see 60k in early summer of 2024


However I'm a bit skeptical if this cycle plays out like the other ones. It was already different in the run-up.



edit:
btw nice that you talk about Bitcoin from time to time, while mainly cheering on warring factions like it's a soccer game

Factions? There is only one faction I'm cheering on.

Regarding bitcoin, there is really nothing more to say, after being here since 2013, I have read it all and heard it all and seen noobs say and write it all over and over again.

[Arriemoller]

It's Sunday again
Ukraine kicking Russian ass
Glory to Ukraine

When will this kicking end? We have seen a lot of btc downs for this battle. How much more will the market go down? This time at least the market needs to be good. Because many people have lost a lot of money in this market down. Again, many people have invested here on the chance that this market will go bad. Now if the market goes back to its previous state, many will gain and many will only save from losses. So this time our market should be fine. And hopefully in 2023 we will see the market go well and see BTC at $60k+

did you net a bot?

I did not understand what you are saying. I did not bot the net. What I am saying is from my own knowledge and I expect Bitcoin to pump up next year. But I'm hoping for pamp so  not just not the bitcoin pump. In fact, the market has been very bad for Bitcoin this year. And because the market is not supposed to be bad all the time, I am thinking that the market may be fine in 2023.

I think i did! cool, my first bot.

[cygan]

[OutOfMemory]

Shrink images when you quote please.

I'm not a computer geek, so I have no idea how to do that, no pictures will ever be shrunken by me.

You don't need to be. Just type a quick " width=200 " into the [img] tag of your quoted reply.
example:

Code:

[img]URL_TO_IMAGE[/img] (full size)

[img width=200]URL_TO_IMAGE[/img] (only 200 pixels wide)

EDIT: as long as you only specify "width=..." or "height=..." (not both) inside the [img] tag of the quoted reply's code, the image is shrinked but maintains aspect ratio.

[Arriemoller]

Shrink images when you quote please.

I'm not a computer geek, so I have no idea how to do that, no pictures will ever be shrunken by me.

You don't need to be. Just type a quick " width=200 " into the [img] tag of your quoted reply.
example:

Code:

[img]URL_TO_IMAGE[/img] (full size)

[img width=200]URL_TO_IMAGE[/img] (only 200 pixels wide)

EDIT: as long as you only specify "width=..." or "height=..." (not both) inside the [img] tag of the quoted reply's code, the image is shrinked but maintains aspect ratio.

That seems complicated, how do I know where in the img tag to put it, they all look different to me.

I would much rather stand up for the pictures right not to be shrunken, I will carry the flag of the proud big pictures with joy, especially knowing that it annoys Jimbotoronto.

[Biodom]

No, you will not see 60k+ in the next year, that will probably not happen until 2025.

In the last cycles it took a bit less than 2 years to reach the ATH after the bottom.


If that repeats and if this cycle's bottom was in June '22 we will see 60k in early summer of 2024


However I'm a bit skeptical if this cycle plays out like the other ones. It was already different in the run-up.



edit:
btw nice that you talk about Bitcoin from time to time, while mainly cheering on warring factions like it's a soccer game

that dude typically does not talk bitcoin.

[ChartBuddy]

Explanation

[JayJuanGee]

Is it true that MicroStrategy raised up to $500 million to buy more Bitcoins this year? because on the one hand I would be very happy if it could actually happen within this year at MicroStrategy. Because if it can actually happen in the near future, then the increase in Bitcoin will also continue to occur until the end of this year, but I can't say for sure whether it will happen or not.

Generally speaking, in the last couple of years, MSTR has tended to act relatively quickly to buy bitcoin after they make their announcements that they are intending to buy large quantities of bitcoin.  Of course, they likely have deadlines to raise the money and then to make sure that they are able to complete the sales and have the money in the bank and then to thereafter buy the bitcoin..

I would think that they should be able to complete a lot of these matters within the next one to two months.. and of course, they would have discretion to NOT buy the bitcoin if they were to conclude that it were to NOT be a good time to buy the bitcoin... and surely many of us who have been following BTC for decent amounts of time or are fairly educated about what bitcoin is (which would include MSTR/Saylor) would recognize Bitcoin's current below the 200-week moving average price as an historically good buying price level.

Is it true that MicroStrategy raised up to $500 million to buy more Bitcoins this year? because on the one hand I would be very happy if it could actually happen within this year at MicroStrategy. Because if it can actually happen in the near future, then the increase in Bitcoin will also continue to occur until the end of this year, but I can't say for sure whether it will happen or not.

https://bitcointalk.org/index.php?topic=5268108.msg60919051#msg60919051

If you read their statement, you will see that this amount is not mentioned only in the context of investing in Bitcoin, but "for general corporate purposes", and if we read between the lines, it seems to me personally that the greater part of the investment will go to some less risky investments which should ensure positive financial results in the short term.

In addition, MicroStrategy is not the company that caused some significant movements in the price of Bitcoin with its moves - it is not Mr. Mars and his Twitter machinery of 100+ million followers.

That's true Lucius.  Before reading your post, that way of framing the matter had not quite sunk in for me, and you are correct that the way that MSTR phrases the "for general corporate purposes" in the disclosure, seems to place "general corporate purposes" higher on the priorities than the purpose of buying bitcoin, even though such "general corporate purposes" is not exactly a precise statement, and they made sure to specifically mention the buying of bitcoin and the whole description of their disclosure leaves them pretty damned flexible regarding how they spend such raised money ($500mil), including that they could use all of it to buy bitcoin, if they were to so choose (within their complete discretion), too.

It's Sunday again
Ukraine kicking Russian ass
Glory to Ukraine

When will this kicking end? We have seen a lot of btc downs for this battle. How much more will the market go down? This time at least the market needs to be good. Because many people have lost a lot of money in this market down. Again, many people have invested here on the chance that this market will go bad. Now if the market goes back to its previous state, many will gain and many will only save from losses. So this time our market should be fine. And hopefully in 2023 we will see the market go well and see BTC at $60k+

No, you will not see 60k+ in the next year, that will probably not happen until 2025.

Oh gawd...  

And which little birdie whispered that content into your ear about that kind of BTC future price performance?  Was his name Majormax?  Asking for a friend.

Not that I am anxious about the BTC price getting back to our most recent ATH, but horey sheit... that timeline that you mentioned (oh dear sorcerer wannabe) is more than 2 years from now.  

No, you will not see 60k+ in the next year, that will probably not happen until 2025.

In the last cycles it took a bit less than 2 years to reach the ATH after the bottom.

If that repeats and if this cycle's bottom was in June '22 we will see 60k in early summer of 2024

However I'm a bit skeptical if this cycle plays out like the other ones. It was already different in the run-up.

edit:
btw nice that you talk about Bitcoin from time to time, while mainly cheering on warring factions like it's a soccer game

I suspect (afraid to report) that Arriemoller received a cruel and vicious shock to his thinking parts (if any) while he was changing the glow plugs on his 1994 Volvo.   So his reversion to bitcoin discussionenings is ONLY a passing phase.

[philipma1957]

Shrink images when you quote please.

I'm not a computer geek, so I have no idea how to do that, no pictures will ever be shrunken by me.

You don't need to be. Just type a quick " width=200 " into the [img] tag of your quoted reply.
example:

Code:

[img]URL_TO_IMAGE[/img] (full size)

[img width=200]URL_TO_IMAGE[/img] (only 200 pixels wide)

EDIT: as long as you only specify "width=..." or "height=..." (not both) inside the [img] tag of the quoted reply's code, the image is shrinked but maintains aspect ratio.

That seems complicated, how do I know where in the img tag to put it, they all look different to me.

I would much rather stand up for the pictures right not to be shrunken, I will carry the flag of the proud big pictures with joy, especially knowing that it annoys Jimbotoronto.

I normally would not merit shit like this post, but it was funny.

[Hueristic]

Bazooka into your face!

https://twitter.com/wclementeiii/status/1569004158090346496?s=46

[/url]

[Arriemoller]

It's election night here in Sweden, right now it's  less than 1% difference between the sides in favour of the right side.

This might not be decided untill all the post and foreign votes are counted.

[Gachapin]

No, you will not see 60k+ in the next year, that will probably not happen until 2025.

In the last cycles it took a bit less than 2 years to reach the ATH after the bottom.


If that repeats and if this cycle's bottom was in June '22 we will see 60k in early summer of 2024


However I'm a bit skeptical if this cycle plays out like the other ones. It was already different in the run-up.



edit:
btw nice that you talk about Bitcoin from time to time, while mainly cheering on warring factions like it's a soccer game

Regarding bitcoin, there is really nothing more to say, after being here since 2013, I have read it all and heard it all and seen noobs say and write it all over and over again.

I'm reading this forum since Feb 2014, so probably about the same time like you.  And I still find new stuff.  
There is development in the space (technically and market-wise).

It entertains me how some of that info gets mixed up here with memes and interesting characters who talk about it (...like you, if you do).

I miss your "food" pics and your socio-political stuff.  Recently you only post about how great the progress of your favorite soccer team warring faction is...    


edit:

a glimpse of hope...

It's election night here in Sweden, right now it's  less than 1% difference between the sides in favour of the right side.

This might not be decided untill all the post and foreign votes are counted.

[ChartBuddy]

Explanation

[Arriemoller]

No, you will not see 60k+ in the next year, that will probably not happen until 2025.

In the last cycles it took a bit less than 2 years to reach the ATH after the bottom.


If that repeats and if this cycle's bottom was in June '22 we will see 60k in early summer of 2024


However I'm a bit skeptical if this cycle plays out like the other ones. It was already different in the run-up.



edit:
btw nice that you talk about Bitcoin from time to time, while mainly cheering on warring factions like it's a soccer game

Regarding bitcoin, there is really nothing more to say, after being here since 2013, I have read it all and heard it all and seen noobs say and write it all over and over again.

I'm reading this forum since Feb 2014, so probably about the same time like you.  And I still find new stuff.  
There is development in the space (technically and market-wise).

It entertains me how some of that info gets mixed up here with memes and interesting characters who talk about it (...like you, if you do).

I miss your "food" pics and your socio-political stuff.  Recently you only post about how great the progress of your favorite soccer team warring faction is...    


edit:

a glimpse of hope...

It's election night here in Sweden, right now it's  less than 1% difference between the sides in favour of the right side.

This might not be decided untill all the post and foreign votes are counted.

Well, you aren't wrong, I too find some new stuff here, but I don't feel like I have anything to contribute to that anymore. I would just be repeting myself.

Russia is an existential threat to Sweden, hence my keen interest in anything that weakens Russia and strenghtens it's enemies. Go Ukraine!!

[Arriemoller]

The difference right now is three seats in the parliament in the rights favour.

[Arriemoller]

The difference right now is three seats in the parliament in the rights favour.

Now down to one seat again, this is a thriller.