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

[xhomerx10]

Doom has been cancelled. I repeat, cancel doom.

WAGMI.

Dang!  I was just getting the hang of it again.



You can play online

https://dos.zone/doom-dec-1993/

1993 was the year of wonder if you were into computers.
The internet's potential was just a spark at that time.
Remember Gopher?

https://twitter.com/JonErlichman/status/1576634450934263808?s=20&t=gfOc9XrNCZd-oo95rZkXQA

 Oh yeah!  Also Archie, Veronica and Jughead.  How about pre- 1990's and Collosal Cave Adventure?    I taped a bunch of computer fanfold paper to the wall of my dorm room so I could create a map as I played.  Ah the good old days when I owned nothing and I was blissfully ignorant.  I can't wait until 2030 when tptb try to pull that off on a public that already knows better.

[ChartBuddy]

Explanation

[vapourminer]

You can play online

https://dos.zone/doom-dec-1993/

This used to be my Win 3.11 stability test back in the day.

If it couldn't run overnight then the system wasn't stable enough to go out the door.

And most of those systems were overclocked.

heh i used to use SETI@home as my win3.11 goto stability test back then. never thought to use doom as i always used dos for that

edit: or maybe it was folding@home. my memory sucks

[ChartBuddy]

Explanation

[xzy887]

[ChartBuddy]

Explanation

[cAPSLOCK]

Speaking of merit farmers, I have not seen this many before. What changed?

My theory is you can sell a high merit account.  In fact there are a few old timers around that I question the legitimacy of.  BCT Merit is a fiat reputation system.

[ChartBuddy]

Explanation

[vroom]

Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.

Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.

The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.

The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.

How do you assess the current situation the world is in?

[Ami0]

13% of Canadians 🇨🇦  own #bitcoin   

The Bank of Canada reports #bitcoin    ownership has more than doubled in the past year and 90% of Canadians have now heard of #bitcoin   


 https://twitter.com/DocumentingBTC/status/1580898487402909697?t=_tjlYofqk6g02KO4ZIZJ6g&s=19

[DVlog]

13% of Canadians 🇨🇦  own #bitcoin   

The Bank of Canada reports #bitcoin    ownership has more than doubled in the past year and 90% of Canadians have now heard of #bitcoin   

It is a positive sign that the percentages increased but are still it's quite low. How fiat is losing its PPP this number should be higher right now. Maybe the number was higher but some people sell off or liquidate in the bear market.

But the real concern is whether this number really matters or not. Are we ready for mass adoption? I think we need more time. Still, many investors don't know or understand the technology of bitcoin. They just brought bitcoin because they saw or heard from people bitcoin price goes insane amount numbers than traditional stock and forex markets. The BTC market is more mature than it was back in 2018 but still, we need more social awareness.

[Cryptolove20015]

[philipma1957]

So 2022 had an historic low pattern change .

While interesting what does it mean?

Not much if it is a one of 13 year event.

So lets see if the low for 2023 is under 17 and change assuming 17 and change really is the low for 2022.

Mean while I am stacking I Bonds like mad and readying cash for the next tank in price.

[ChartBuddy]

Explanation

[philipma1957]

Sandwiched again buddy.  I am attempting to do at least one or more a day.

We did fail to break 20k last night .

So what's next buddy

[cAPSLOCK]

Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.

Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.

The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.

The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.

How do you assess the current situation the world is in?

I generally agree with your assessment.  However, my tinfoil hat and I believe the events you describe as well as others (US and Western Europe halting domestic energy production, an incredible amount of fires and destruction at food processing and distribution centers all over the world, the mothballing of Nuclear Energy, various social structure attacks (race,sex,gender,religion,politics,etc) and on and on) are not happening by accident, and are part of a conspiracy to move the world into a new system.

IF Freedom (and therefore Bitcoin) wins, I look forward to the trials and executions. That is not a joke.  There are a few I would like to be present for in person. The damage that has been done to my own family members by the perpetrators of this evil is enough that I would clamp my own hands around certain necks myself, and gleefully watch the lights go out.

God forgive me.

[cygan]

made my day 

[BitcoinBunny]

Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.

Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.

The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.

The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.

How do you assess the current situation the world is in?

My prediction for the next 12-18 months?



I think the FED won't pivot till they have had a year of 5% interest rates.

I think that will be key to what people can and can't afford, and thus market confidence.

Sorry....


Meanwhile us in the UK will have gone through probably another 2 prime ministers by then and possibly a new government. I think the current lot will possibly throw in the towel and give us a general election, possibly before the end of the year but if not, definitely in 2023.

[ChartBuddy]

Explanation

[NotATether]

Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.

Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.

The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.

The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.

How do you assess the current situation the world is in?

World wars have little to do with bad debt situations - that's supposed to happen after those wars end.

WWs are the results of political events (e.g. hypothetically the invasion of Ukraine), not economic ones.