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

[Gachapin]

Glad I didn't buy any Tesla shares. Fuck sake. It's in a total death spiral now.

 

starts to looks like a shitcoin chart

META, NFLX and TSLA all did about 75% drop from the highs.
Considering that two of those had the market cap more than a tril, it is quite astonishing.
The question is, what they are going to do going forward?
People don't want to look back too much, but about 50-60 years ago (I wasn't investing back then, just read books about it more recently), there were nifty fifty (50 large caps in US) in the 60ies and 70ies.
They were as "untouchable" as the FAANG stocks were before.
Those nifty fity were up even when others were down.
Finally, the 1973-1974 bear market dropped them hard (75% or more)-and most never recovered their prior outperformance (Walmart was the exception).
The point is that it is unlikely that most of the top techs would outperform from the middle of this decade going forward.
Both AAPL and MSFT were founded in the mid-late seventies...we shall find new stonks like this at or after 2025-2026 (apart from btc, which should be the center of the portfolio).

sounds likely...

compared to these stocks BTC hasn't performed so bad in the down trend this year...  I hope that doesn't mean we are going to fall further

[Shaha98]

Glad I didn't buy any Tesla shares. Fuck sake. It's in a total death spiral now.

 

starts to looks like a shitcoin chart

META, NFLX and TSLA all did about 75% drop from the highs.
Considering that two of those had the market cap more than a tril, it is quite astonishing.
The question is, what they are going to do going forward?
People don't want to look back too much, but about 50-60 years ago (I wasn't investing back then, just read books about it more recently), there were nifty fifty (50 large caps in US) in the 60ies and 70ies.
They were as "untouchable" as the FAANG stocks were before.
Those nifty fity were up even when others were down.
Finally, the 1973-1974 bear market dropped them hard (75% or more)-and most never recovered their prior outperformance (Walmart was the exception).
The point is that it is unlikely that most of the top techs would outperform from the middle of this decade going forward.
Both AAPL and MSFT were founded in the mid-late seventies...we shall find new stonks like this at or after 2025-2026 (apart from btc, which should be the center of the portfolio).

sounds likely...

compared to these stocks BTC hasn't performed so bad in the down trend this year...  I hope that doesn't mean we are going to fall further

In reality, patience does not come anymore.  The wealth I invested in the past has now completely shrunk.  He says how to be patient.

[Biodom]

Glad I didn't buy any Tesla shares. Fuck sake. It's in a total death spiral now.

 

America likes to build someone up and then tear them down....and some years later (if they are still around)...rebuild them again.
So many examples.

[ChartBuddy]

Explanation

[Gachapin]

Crypto Confidence Soars After CEO Defrauds Customers Just Like Real Bank



https://www.theonion.com/crypto-confidence-soars-after-ceo-defrauds-customers-ju-1849773647

[ChartBuddy]

Explanation

[Krubster]

What's up Wall Observers,

I'd like to reach out to my Lightning Network channel peers.

Due to the recent revelation of the data breach of LastPass, I have decided to shut down my node. I'm a customer of theirs, and even though I'm confident my password is strong enough to withstand any brute-force attempt, I've decided to change everything I had stored with them. Without disclosing too much, that affects my lightning node as well.

Oh well, before shutting down, let's share some statistics.



My node has a total capacity of 10.76 btc among 110 channels.

The node has been up for 193 days. During those days I've routed 150 BTC, and the profit is 730k sats (0.0073 BTC). On average I've routed 1 BTC per day over the past 90 days. My record in one day is 2.6 BTC and over 1,000 routing events.

Anyway. Once I'm all set, I'll start a new node and open a new channel to my fellow WO LN-operators (you guys know who you are)

[ChartBuddy]

Explanation

[philipma1957]

What's up Wall Observers,

I'd like to reach out to my Lightning Network channel peers.

Due to the recent revelation of the data breach of LastPass, I have decided to shut down my node. I'm a customer of theirs, and even though I'm confident my password is strong enough to withstand any brute-force attempt, I've decided to change everything I had stored with them. Without disclosing too much, that affects my lightning node as well.

Oh well, before shutting down, let's share some statistics.



My node has a total capacity of 10.76 btc among 110 channels.

The node has been up for 193 days. During those days I've routed 150 BTC, and the profit is 730k sats (0.0073 BTC). On average I've routed 1 BTC per day over the past 90 days. My record in one day is 2.6 BTC and over 1,000 routing events.

Anyway. Once I'm all set, I'll start a new node and open a new channel to my fellow WO LN-operators (you guys know who you are)

so 0.0073 x 16,700= 121.71 profit over 193 days so about 63 cents a day profit.


do you define the 0.0073 profit from all fees you collected?

I don't care about power cost
I don't care about the hardware cost
I don't care about the software cost.

I am trying to understand the actual profit these nodes are doing.

Since we will need 1 million or more of them if btc succeeds .

[ChartBuddy]

Explanation

[Popkon6]

explaining to family that bitcoin didn't "go bankrupt"


https://twitter.com/MemeingBitcoin/status/1607459122085040129?t=QPtWgychTBnkea_IlGMDVg&s=19

Source: Memeing Bitcoin

[ChartBuddy]

Explanation

[BitcoinGirl.Club]

Crypto Confidence Soars After CEO Defrauds Customers Just Like Real Bank



https://www.theonion.com/crypto-confidence-soars-after-ceo-defrauds-customers-ju-1849773647

All sorts of crime is happening using fiat and that does not soars fiat confidence. Crypto is just a currency, a system of money that should be generally accepted to have value of exchange for goods and services. The difference between fiat and crypto is, fiat is printed by a group of fat fingers power seeker filthy rich powerful people and crypto are created by people like you and me to level the field for a better economy system.

These CEOs were never in crypto. They were after dollar.

[Gachapin]

Crypto Confidence Soars After CEO Defrauds Customers Just Like Real Bank



https://www.theonion.com/crypto-confidence-soars-after-ceo-defrauds-customers-ju-1849773647

All sorts of crime is happening using fiat and that does not soars fiat confidence. Crypto is just a currency, a system of money that should be generally accepted to have value of exchange for goods and services. The difference between fiat and crypto is, fiat is printed by a group of fat fingers power seeker filthy rich powerful people and crypto are created by people like you and me to level the field for a better economy system.

These CEOs were never in crypto. They were after dollar.

you do realize that theonion is a satire site ?

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[cygan]

✂

who of you hat wearers would be interested in an individual ColdKey hat edition?
some info & another releases from ColdKey could be found here:
[ANN] History Coldkey - A testimony to Bitcoin - Time for change has come !
[ANN / WTS] Bas Coldkey -- Reeeee: Collectible Cards of Bitcointalk Users.

i would first like to know/see only with it how big the resonance would be

[ChartBuddy]

Explanation

[Antisthenes]

Glad I didn't buy any Tesla shares. Fuck sake. It's in a total death spiral now.

Glad I didn’t buy any MicroStrategy shares either.

this is what A.I thinks Gachapin is ..



And here is JayJuanGee wahahahhah

I LOL’ed, hard, many thanks.

+1 WO’s merit.

I’ve been re-evaluating the purpose of your existence, in these here parts. At first you come-off as a scamish beggar, claiming you will do wonders, with Bitcoin and youtube, if only they paid you. Bullshit, firstly Bitcoin doesn’t need that, and secondly the Whale Club has got that covered already. That said, you come in a place swarming with liars, and honestly enough, you say “gimme some of that action”.

How about I buy you a beer for Xmas kiddo? [you know alcohol concentrated sugar, is not good for you, right?]
Feel free to drop me an address, privately. And please, make fucking sure that no fucking merits are involved in the process.

America likes to build someone up and then tear them down....and some years later (if they are still around)...rebuild them again.
So many examples.

Hey, Build Back Better!
FS.


Sing Sing

Down, down in a hole in the ground
There are ghosts that never can be found
Home, home, home is in the ground
You're only waiting at the end of the road

And nothing's better than blood on blood
I promise brother, you are safe with us
There's no telling what tomorrow will bring
We all have our devils and oh, you've got to let them sing

Sing, oh, sing for me
Beast in your belly, you've got to let it breathe
Sing, oh, sing for me
Beast in your belly, lord, you've got to let it sing