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

[NeuroticFish]

I hope the US won't start to divide the world into "climate friendly" and "climate hostile" countries and base politics on that.
Remember, we've seen this already in the past, for example the "axis of evil".
The "Currency of drugs, money laundering and terror"-approach didn't seem to work too well.

Ecouraging PoW would be "climate terrorism" then, i guess.

The public is so dumb, people will swallow everything to keep up their inner urge to argue against something, just to be distracted from their poor, deeply hurt and insecure selfs.
This seems much more esoteric than it really is, mainly because of the wording  

You do have a valid point, but this "climate terrorism" should also be not too difficult to debunk, especially nowadays, when mining is no longer mainly in China.
So I have high hopes that this kind of strategy will not work.

[ChartBuddy]

Explanation

[BitcoinBunny]

1BTC = $20,000


Yey, I can afford Hookers again.  

[Ami0]

#YPF Luz, a subsidiary of the #Argentine state-owned YPF, is running a pilot project to take advantage of residual gas to power #Bitcoin    mining operations.



https://news.bitcoin.com/argentine-oil-subsidiary-ypf-luz-powering-bitcoin-mining-activities-with-residual-gas/

Bitcoin News

[OutOfMemory]

I hope the US won't start to divide the world into "climate friendly" and "climate hostile" countries and base politics on that.
Remember, we've seen this already in the past, for example the "axis of evil".
The "Currency of drugs, money laundering and terror"-approach didn't seem to work too well.

Ecouraging PoW would be "climate terrorism" then, i guess.

The public is so dumb, people will swallow everything to keep up their inner urge to argue against something, just to be distracted from their poor, deeply hurt and insecure selfs.
This seems much more esoteric than it really is, mainly because of the wording  

You do have a valid point, but this "climate terrorism" should also be not too difficult to debunk, especially nowadays, when mining is no longer mainly in China.
So I have high hopes that this kind of strategy will not work.

As a critical thinking person, which you seem to be, there are other dynamics in effect to create an opinion.
For the ordinary human, it's a matter of effort. So if the regime in control uses various channels (mostly audio/visual media and directed speech) to put the message "climate terrorism" on a regular basis with short intervals, 80% of the people will just swallow it as if it was a proven fact. These "facts" create memes (not internet memes, but like virally spreading opinions) that are hard to eradicate. For the sake of example, the commom meme "doing sports regularly is healthy" was debunked already hundreds of times, and corrected to "doing mild exercise regularly is healthy", while sports turned out to do more harm to body physique, mostly joints and cardiovascular system, and exercise helps to prevent the latter.
Still, most people think that doing sports is healthy.

Memes like this were (and still are) repeated often enough that they continue to be perceived as "truths", regardless if debunked or not.

Some more examples for memetic proverbs that are no more than bullshit:
"What doesn't kill you makes you stronger"
"True love waits"
...
i could go on here.

There's also another dynamic, that an individual takes over opinions without questioning by (personally, emotionally) close individuals.
We weren't able to be manipulated so much by our parents or girl(friends) because we were young, but because we were connected personally, emotionally to them.
They need somebody to look up to and then they will take over his/her opinion(s) willingly. You might be tempted to think about "Influencers" here, and you're 100% correct.
Voters would make another great example, as most tend to stand by any decision of the person they voted for, even if the original reasons for the vote were directly opposite. Or like with fandom, when fans defend their idols, even if they clearly made errors that conflict with the ethical mindset of their fans.

So let's hope our big brothers won't even try to start to give birth to memes like "climate terrorism".

[ChartBuddy]

Explanation

[cAPSLOCK]

Closer Look:

Today's Update

You beat me to it.  We have broken that trend line, as well as the 50 day MA I think.  Not the first time on the latter, though it feels good to be up above it.

[xzy887]

JUST IN: 🇷🇺 Russia to allow international trade in #Bitcoin    and crypto "for any industry without restrictions" - Head of Financial Policy at Ministry of Finance

Source: Bitcoin Magazine

[ChartBuddy]

Explanation

[NeuroticFish]

So let's hope our big brothers won't even try to start to give birth to memes like "climate terrorism".

You do have a good logic in this and I admit that my expectations from people reading correct information from correct sources is unrealistically big.
Still, please don't break my enthusiasm; let's hope together you didn't give any ideas to "big brothers".

[Crypt0S0ul]

Mexico Will adopt Bitcoin as Legal tender.

So it'll get to US doorsteps. Interesting...
Now let's see when will this get real, actually.

I don't expect this to happen overnight.
I don't know how much power she holds as a Senator. According to the Google. Mexico has 128 Senators, and she is one of them. If most of the Senators agree with her, it will be possible. The President of the Senate in Mexico is Olga Sánchez Cordero. I would be more than confident if I heard something from her too. Anyways, Best Wishes to Mexico. Make it Orage BTC

BTW, @NeuroticFish, Congrats For reaching the 5K Merit Club.

[goldkingcoiner]

I am getting a mild tingling in my jibbity bits.

Google will give you a horrifying diagnosis, in case you wanted to feel bad today.

After El Salvador became a legal tender for bitcoin, and now the Mexican Senator Bitcoin will become a legal tender. 

https://twitter.com/BitcoinMagazine/status/1576938403622400000

Called it.

This hottie, charged by SEC, for promoting a shitcoin.



The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans to cooperate with the SEC’s ongoing investigation.

https://news.bitcoin.com/sec-charges-socialite-kim-kardashian-for-unlawfully-touting-ethereummax/

I guess saying "This is not financial advice" does not protect you from the punishments of giving bad financial advice.

JUST IN: 🇷🇺 Russia to allow international trade in #Bitcoin    and crypto "for any industry without restrictions" - Head of Financial Policy at Ministry of Finance

Source: Bitcoin Magazine

All of a sudden Putin needs to invest in Bitcoin... Hmm. Sold some nukes and packing for a long vacation in El Salvador?

How do you feel when you see the green light up again.

Cut out the shitcoins

We not into that

Shitcoin is a shitty coin...

But more Bitcoin is more pleasing to the eye

Fixed.

[NeuroticFish]

I don't expect this to happen overnight.

Me neither. There are so many steps to pass, there are so many places the opposition can make this fail or get delayed, ... this is how the laws go from idea to reality (or to oblivion).
For now we can be happy for the news and... wait.

BTW, @NeuroticFish, Congrats For reaching the 5K Merit Club.

Thank you for getting me (exactly) there.
Luckily I managed to make a print screen before OutOfMemory took me to 5001  

[OutOfMemory]

So let's hope our big brothers won't even try to start to give birth to memes like "climate terrorism".

You do have a good logic in this and I admit that my expectations from people reading correct information from correct sources is unrealistically big.
Still, please don't break my enthusiasm; let's hope together you didn't give any ideas to "big brothers".

Don't shoot the messenger  
On the other hand, i admit when it comes to normal people's common sense, i always expect the worst.
As of ideas, i think there is no idea not spun by the government's spin doctors already, but yeah, i hope so too.
Some countries of Africa should follow the adoption of Bitcoin as a legal tender, too, and i have read about regulation drafts in the EU yesterday, without details though.

Luckily I managed to make a print screen before OutOfMemory took me to 5001  

Sorry, i was reading his reply after sending the sMerit. Your avatar read 4998 or 4997 at that time.
Close one 

[BitcoinBunny]

A monumental day in the history of Bitcoin!

McDonald’s starts to accept Bitcoin and Tether in Swiss town
https://cointelegraph.com/news/mcdonald-s-starts-to-accept-bitcoin-and-tether-in-swiss-town

[NeuroticFish]

Don't shoot the messenger  
On the other hand, i admit when it comes to normal people's common sense, i always expect the worst.

Don't worry. I know you're right.

Some countries of Africa should follow the adoption of Bitcoin as a legal tender, too, and i have read about regulation drafts in the EU yesterday, without details though.

Africa is a troubled continent and may not be taken serious that much. Maybe I'm wrong, but this is how I see it.
On the other hand... an EU country would be breaking news. And although, like Crypt0S0ul correctly pointed it out, it will still take quite a while after any announcement, or may even not come to reality even if announced, it's interesting to hear. We're living interesting times.

[Crypt0S0ul]

I don't expect this to happen overnight.

Me neither. There are so many steps to pass, there are so many places the opposition can make this fail or get delayed, ... this is how the laws go from idea to reality (or to oblivion).
For now we can be happy for the news and... wait.

I cannot recall how long El Salvador took after their first announcement. They were able to do it faster because of their President Himself. Nayib Bukele Himself was the main guy behind it. According to research, Most the 60s people (Or older than that) don't understand Bitcoin. So, If you have more senior people in the government, it would be tough for them.

BTW, @NeuroticFish, Congrats For reaching the 5K Merit Club.

Thank you for getting me (exactly) there.
Luckily I managed to make a print screen before OutOfMemory took me to 5001  

Heh, Don't worry. We have Inspect Element in Browser. Inspect Element made me Legendary too many times. I just took this now for you.

[ChartBuddy]

Explanation

[Bushdark]

This was how I blew my account the first time I was trying to trade like a pro trader not knowing to me that everything in trading is based on risk management. I didn't even have sufficient ideas to take me to the level I was seeing myself 😂. I learnt from the hard way to never trade with emotions which almost ruin my first deposit and as an inspired trader.

Even at this time, something used to tell me to trade with high leverages to make bigger profits mostly after I had made consistent loses. I do say no to greed everyday to avoid not to be a victim again since there is no way we can abolish greed.

[Cryptolove20015]

New news: Pro-Russian Paramilitary Groups Raised $400,000 in Bitcoin, Crypto to Avoid Sanctions: TRM Labs.