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

[JimboToronto]

ChartBuddy uses the Richy_T tool.

No idea what is that and how to find such thing.
Any idea who can help to make a bot to post automated post like Charty?

https://bitcointalk.org/index.php?action=profile;u=67210

[1715069138]

1715069138

[1715069138]

1715069138

[ChartBuddy]

Explanation

[Toxic2040]

the morning wall report

consolidation today, bitcoins local correlation with the legacy market still showing divergence
earnings coming in thru Friday stoking volatility in stonks...continuing
banks showing higher than expected profit over the last year...fees fees fees
their narrative is still doom and gloom for Q1...forecasting a lower low and then a significant relief rally
seems as good as any until further data is observed
oil falling sharply this morning...down 3.5% in early trading

dyor
stronghands

[ChartBuddy]

Explanation

[OROBTC]

Place your bet on what people would do once the trust for govt is low, and fiat is inflated as hell in recession. Where they'll put their money into?

We will see proper use of bitcoin when we will have a repeat of 2008.
Demand for Gold and Bitcoin is going to sky rocket.

Yes.  But, I agree with Phil at #629019, it will likely take some time.

Inflation and recession are a very toxic combo.  It is hard to find something that appreciates, it's almost like the "winner" is the one who loses the least.  Even HODLing some FIAT cash is smart, it gives you "optionality", the ability to take advantage of a low price on some asset or asset class.

But, note what I kind-of assume above!  CA$H.  BTC.  Gold.  That doesn't even include stonks, real estate, bonds, etc. (the last three are risky now IMO).  Art even (?, even riskier)

Diversification!

[JayJuanGee]

Is this what I had to see after long months of absence on WO?
Where is the golden time when you make a post, it took less than 30 seconds to see your posts is on the previous page. Everyone active and talking to each others.

It's been around 12 hours I made this post and in these 12 long hours I count only 28 to 30 posts made. A lot of them are auto post every hour from ChartBuddy. Where are all these people. I am guilty of not spending time here but it seems a lot of others lost their interest too?

It's sad. I feel bad. I will start doing my part again.

You are not describing anything new.  Historically we have had periods of low participation, and also members complaining that the thread is dying - including that bitcoin is dying.. blah blah blah.... Other coins are more interesting... cheer, cheer, cheer...      Sure it can be more difficult to see those historical periods while not experiencing them live.

ChartBuddy uses the Richy_T tool.

No idea what is that and how to find such thing.

I am referring to ChartBuddy's sugar daddy (or is it baby daddy?), author (another word for pimp?), brain (the bot's bot), handler (principal).... Richy_T

Any idea who can help to make a bot to post automated post like Charty?
Thanks brother.

Well?   You might be able to attempt to discuss such matter with Richy_T directly... or even browse through some of his various discussions (post history) of his programing/writing CB script...   Just don't make him mad because he can be a temperamental one, from time to time....  hahahahahaha (not that I have hardly any clue or that I am telling the truth... hahahahaha)..  

On the face of it, I would not speculate that programing something like CB would be very difficult; however, between about mid 2017 and early to mid 2021, when Richy_T took CB away (took his marbles) away from the thread (forum), there was quite a bit of discussion in which several of us, including yours truly proclaimed their "love" and "missing" of CB, and even proposed that someone might program a CB version 2 in order to replace our then missing CB.. .. and to my knowledge, no member stepped into such programing of a regular posting Bot in this thread space footsteps - and even attempted any such efforts to program such bot.. but when Richie T returned to the forum more acceptingly to some extent in around early 2021 and renewed participation in this thread (although he has not been very active recently), after several of us had to "somewhat beg" him, he was able to make some tweaks to CB.. to reactivate it, and CB seems to be even more reliable than it had been in its earlier days.. as far as I recall.. . although Richy did end up reducing CB down to Bitstamp ONLY rather than some of his earlier variations had three exchanges and maybe some other bells and whistles that might have been contributing to some of the less reliability....  

[ChartBuddy]

Explanation

[JayJuanGee]

We will see proper use of bitcoin when we will have a repeat of 2008.
Demand for Gold and Bitcoin is going to sky rocket.

You overestimate the majority of people in that they have the ability to recognize an opportunity and an alternative, and this is also evidenced by the fact that we have less than 5% of people in the world who have recognized Bitcoin from 2009 to today - so I will ask the question "will anything change by the end of the decade?"

I would like to be wrong, but most people behave like remote-controlled robots, just look at the crazy measures in the pandemic and how many people followed them without any question, even though today it is shown how pointless it all was. I would say that the demand for Bitcoin will increase, but not from ordinary people, but from big players who invest the most in the time when there is blood on the streets - and that is right now.

I don't really disagree with you Lucius - except that there still is a kind of snowballing effect that continues to take place in regards to the ongoing increasing knowledge that is building in broader segments of the population.. so even if bitcoin might ONLY currently be less than 5% of the world's population having any kind of investment into it at all, and even within the 5%, there is likely a Pareto distribution, like you mention in which only 20% of that 5% are carrying most of the weight of the bitcoin bags... which is largely showing how early we continue to be...

In other words, even those who hold BTC are likely underinvested - while at the same time, ongoing gravitation into bitcoin and the building of network effects, including ongoing recognition that bitcoin is the most valuable of assets - that continue to contribute to Gresham law type behaviors that build upon each other, even if it remains so difficult to measure how the masses are contributing to such growth, bottom support and even pushing the BTC price up - even while there are efforts to keep the BTC price down (suppressed), which surely seem that such BTC price suppression efforts are playing out pretty successfully currently with the BTC price staying so far below the 200-week moving average for more than 4 months.. .. which is not even speaking to the fact that in the short-term the BTC price can continue to be suppressed.. which seem ton continue to cause upside explosion potentialities - and not even sure how much exposure some of the naked shorters are going to end up having if the whole thing ends up blowing up on them with bitcoin prices going up and their running out of abilities to keep it down.. .. which continues to seem possible.. even if we also have macro narratives that continue to hold too.. including that bitcoin does also remain an asset that is very liquid and easy to sell.. but then relatively easy to buy, too.. cannot really completely shut it down like what happens in other markets..

Any more automated posts and I will go bärsärk on you.

Don't do it!!!!

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[fillippone]

https://twitter.com/paoloardoino/status/1575879698235551745?t=1bAwJAAdMyT2R0XzLhJFoQ&s=19


https://twitter.com/BitcoinMagazine/status/1581049307373113344?t=1bAwJAAdMyT2R0XzLhJFoQ&s=19

Wow, Big Posters for Freedom looks like democracy is still aliv,e lets see 🙈 what it brings for us..

Pretty aggressive campaign. I have seen those posters around the city of Milan, which is an hour from Lugano.

I spotted another PlanB Lugano banner:



Of course, hodler priorities…

[vapourminer]

buuuuuuuudy

[ChartBuddy]

Explanation

[John Abraham]

What's up bros?
It's been a year.

I spotted another PlanB Lugano banner:



Of course, hodler priorities…

You missed The Sexy Halloween Party Banner for sure!
BTW, If you miss this party. Don't forget to join Bitcoin Pumpkin Curving Contest.

[ChartBuddy]

Explanation

[gallianooo]

Place your bet on what people would do once the trust for govt is low, and fiat is inflated as hell in recession. Where they'll put their money into?

We will see proper use of bitcoin when we will have a repeat of 2008.
Demand for Gold and Bitcoin is going to sky rocket.

Long term yes.

Next 6-12 months most likely no.

Study the fed rate raises done by bush leading up to the 2008 wipeout

March 2004 to July 2007

that is 3 years and 4 months before they reversed and they reversed too late

Interesting point. However I dont think that we really can compare what's happened in 2008 and the situation now. FED will most probably increase the rates of course, but for still 1 year and 3/4 more (at least?) ?

I don't think so.  Probably 2 more, maximum 3 and in a shorter time.

Regarding the timeframe, I see a little probability to extend to 8-12 months.. but more faster, like until Q1 2023.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

Place your bet on what people would do once the trust for govt is low, and fiat is inflated as hell in recession. Where they'll put their money into?

We will see proper use of bitcoin when we will have a repeat of 2008.
Demand for Gold and Bitcoin is going to sky rocket.

Long term yes.

Next 6-12 months most likely no.

Study the fed rate raises done by bush leading up to the 2008 wipeout

March 2004 to July 2007

that is 3 years and 4 months before they reversed and they reversed too late

Interesting point. However I dont think that we really can compare what's happened in 2008 and the situation now. FED will most probably increase the rates of course, but for still 1 year and 3/4 more (at least?) ?

I don't think so.  Probably 2 more, maximum 3 and in a shorter time.

Regarding the timeframe, I see a little probability to extend to 8-12 months.. but more faster, like until Q1 2023.

I see the rates baked in but nov 1-4 a 0.75
then dec 15-20 a 0.75
with feb 1-2 a 0.75

means 3.83 then 4.58 ending at 5.33 in feb of 2023

could end the ‘war’ on inflation followed by a crash and burn and money pump.

if we are lucky.
my fear is they may go longer then this.
they cut the housing market right off at the knees by these hard raises.
I have one friend that got a 2.5% loan and one more got 3%.
same loans are now over 7% housing market shut down asap .
btc dropped a lot when the housing market was cut down.




I am adding 675 th in btc miners the next month.

got good prices.