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

[Biodom]

The regular money is not real, but bitcoin is real.

I agree with most of what you have said except this. Regular money is real. At least till now. If not, Why do you Compare your Bitcoin with USD? Why this Wall Observer of BTC/USD? Well, I would say accept the existence of Real money. If there is no crowd and no one to rule. What is the benefit of being a king?

Sorry, $20 bucks in my pocket are real this very moment as far as me buying a lunch with it, but the BIG money is not.
Observe:
https://fred.stlouisfed.org/series/M2SL

Where the extra $5 trillions from Jan 2020 to Jan 2021 came from?
From just arbitrarily writing a few numbers into the ledger, no doubt.
Does this feel 'real' to you?
Seems more like a fantasy of a feel-good illusion, which is now playing out in strange ways.

[shahzadafzal]

Merit abuse.I think he is abusing the merit of being a senior member. He gave him 21 merits for a simple post. WOW thread a Senior members are given merit if they post any kind of posts. I think if senior members give merit to a new member's post then he will try to post better.

WOW

[ChartBuddy]

Explanation

[DaRude]

Is this what we're doing now?

[OgNasty]

Feels like global markets are in free fall. Luckily job markets are strong so people aren’t losing their homes yet. I think the worst is yet to come, but that should be good news for anyone looking to accumulate Bitcoin. It is starting to look like things might get pretty bad over the next few months. Maybe not a bad time for a long vacation in the woods.

[Gachapin]

The President of the Federal Reserve Bank of Minneapolis tells the truth about Central Bank Digital Currencies(CBDCs).
(54 seconds) ... makes sense

https://twitter.com/chocolatefireg2/status/1570369665083346944

[ChartBuddy]

Explanation

[serveria.com]

Oh noes, are we poor again? 

[shahzadafzal]

Is this “dating?”

https://mobile.twitter.com/thecryptoc0up1e/status/1571288493204045830

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[nutildah]

waiting for Chart Buddy to signal the end of the bear market like

[machasm]

They keep saying...institutions, regulations, etc etc.
The regular money is not real, but bitcoin is real.
So it is understandable that people with fake money want to disparage "real money".
However, the "fake money people" have power.
It might take 40 year for that power to slowly seep from the "fake money" to "real money" and if it doesn't and they succeed in corrupting bitcoin, then the current fin system might not able to survive.

I am just going to 'hibernate' and wait; the trend should become visible in 10-20 years or so.

I came to this very conclusion myself around 6 months ago.
Unfortunately being a little "over the hill" means I can't really afford to keep waiting for everyone to wake up.
Looks like I will be taking my BTC with me to the grave :-(

[ChartBuddy]

Explanation

[somac.]

waiting for Chart Buddy to signal the end of the bear market like

6 months at most I reckon. Then it will be deflation depression panic stations. The real question is what price does Bitcoin hit in the meantime. Even these levels are pissing me off, much lower from here would be a even bigger downer. Of course, I'll hodl all the way, because when it turns, it will turn hard and the FOMO will be massive. Trying to time that would be a fools errand.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

Well, As a Bitcoiner. I would always recommend Bitcoin.
But, I didn't hate ETH, to be honest. Because it was 2nd coin on the top 10 list and it has PoW at least.
Now, I would recommend everyone not to trust ETH anymore.

Proof of Stake made it centralized and the blockchain vulnerable. Two major Stakeholders control 47% of ETH. Meanwhile, Gas fees, Network congestion and speed remain the same. So, What was the purpose of ETH 2.0? Fuck Vitalik.

It has a similar purpose as it always had whether it was POW or POS.. it did not matter.  Its purpose was to allow it facilitate the pumping of a variety of scams, including pumping itself to appear that there was something there when there was not.  That piece of shit is not dead, and it is still going to get pumped and convoluted into presenting itself as if it were something that has value and potential.  

Likely for the past 6-7 years many of us participating in this thread have been thinking that Ethereum could have a rapid death at any moment, and people don't really believe that nonsense do they?  But alas.. people continue to believe that nonsense and continue to pump money into a thing that has been a convoluted mess from the start and continues to be some variation of the convoluted mess that it always has been, but still people continue to buy it... so how would any of us here know how long such ongoing smoke and mirror card house can keep going?  maybe another 10-30 years? perhaps?

Less than 2 years and they will be dead.

V.B. has made a lot of enemies. 23-25 million a day income and liquid income at that was killed off by his insane idea of

c=.    going pos.

His staked income 'created' which is frozen is 2 million a day.

that is a 21 to 23 million dollar net loss every day not to mention the bigger number was liquid and churned through all levels of the economy .

ie
miners
power companies
amd
nvidia
intel
evga
corsair
asrock
gigabyte
newegg
amazon
ebay
exchanges
all got to churn that 23-25 million every day a new 23-25 million

all gone poof

and 2 million every day now comes to frozen accounts for over the next 6-18 months.

V.B. will be lucky to stay out of jail over the next year or 2.

[shahzadafzal]

Oh noes, are we poor again?