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

[Biodom]

A major clash between Winkelvoss twins and Barry S:
https://twitter.com/cameron/status/1609913051427524608/photo/1

check out the twitter thread...Epic!

I checked that Earn product, but as soon as I saw that they are actually lending to a third party (Genesis), any thoughts of participating quickly disappeared.
Could there be any contagion to bitcoin? maybe, but, hopefully, limited.
GBTC might be affected, though, darn it! I have a small bit in ret accounts.

[1714576645]

1714576645

[vapourminer]

[...] and surely there can be a lot of ways to describe how much any of us may have gotten reckt

lulz

let me count the ways haha

[vapourminer]

I checked that Earn product, but as soon as I saw that they are actually lending to a third party (Genesis), any thoughts of participating quickly disappeared.
Could there be any contagion to bitcoin? maybe, but, hopefully, limited.
GBTC might be affected, though, darn it! I have a small bit in ret accounts.

i had stuff in gemini earn for a bit but when luna/terra went down i pulled it out. fun while it lasted i guess. but i also knew the full risks and understood genesis was a separate entity vs gemini exchange as i actually read the terms lol. i knew it could disappear at any moment, i did the mtgox thing already thankyouverymuch.

[ChartBuddy]

Explanation

[strawbs]

Happy new year gents. Hoping you're all well and looking forward to whatever the next year has to bring, both in Bitcoinlandia and in Fuckeduplandia.

[ChartBuddy]

Explanation

[philipma1957]

-snip-


As you mentioned, there is subjectivity.. but there is also relativeness, and there are some folks who got more reckt than others, even if some of those seemingly objectively reckt folks might not label where they are at currently as "reckt," and I am not even suggesting that you are amongst the reckt crowd Philip, even if I may have lectured you in a variety of other ways, and I am likely to continue to lecture you in a variety of other ways regarding some of your from time to time dumbass ideas.. especially related to how much you seem to be "in love" with Ibonds.. you dumb ass.. hahahahahaha no homo.  

I did not mention I bonds you did. 😀

I went out of my way to not mention them.

To be honest I felt reckt in Sept when my 300k worth of gpus could no longer mine an unmentioned coin.

They dropped from 10k / 4 monthly profit to 1k/4 . it was devastating.

I was short in my mining ratios.

way too many gpus and not enough btc gear.

I was helped that btc dropped in value allowing me to buy a lot of btc mining gear.

so my btc-gpu ratio is more what it should be.

While i prefer steady sideways to medium uptick. I can cope with large uptick.

[JayJuanGee]

[edited out]

[edited out]

i think that all hodlers got rekt in a sense (if you had most before 2022) by losing 70% of the nominal value (measured in less ability to pay for typical things), although it is different in comparison to the situation when your coins were stolen either by a hack or by some unscrupulous, possibly criminal, and definitely negligible entity such as FTX, Blockfi, Celsius, etc, etc.
As far as breakeven for mining, people can tolerate negative return for a short time (I assume maybe half a year or a bit less).

Your idea of getting reckt seems to be different from my own.  Of course, each of us recognize that there are gradients in terms of getting reckt, but geez Lois.. I would hardly classify poor employment of opportunity costs as even coming close to getting reckt  - because severe price moves should be anticipated, even severe price moves that go way beyond expectations, even in bitcoin.

Even if you might lean more in my direction after I argue this topic for a while, we still might not exactly agree upon where to draw the line because I would consider that even a person that starts investing into BTC towards the $69k top, would not necessarily be reckt as long as s/he did not blow his/her whole wadd at $69k and is investing no more than s/he can afford to lose - even if attempting to front load the investment a bit as long as s/he were to have kept buying.. .. so yeah, maybe even now, his/her average price per BTC might be upper $30ks or even in the $40ks, so it could take one or two years or even longer before the investment is out of the red.  But, I still would not consider that getting reckt...even if s/he has now run out of cash and just has to sit it out, or maybe is ONLY able to buy $10 per week or some low amount because s/he speculated that the BTC price was not likely to go below the 100-week moving average, which is currently starting to slope down and is currently less than $38k and it had been crossed below in May when it was around $35k.    So yeah, it could take a while to get back into the green (or the black) but I still would not categorize that as getting reckt.

Sure, some of the more extreme examples both of us likely agree that they fall into a kind of variation of reckt.

https://twitter.com/newkido22332783/status/1609866890653974529?s=20&t=PG-djWKv2EAt6tk3-nuOlw

Sounds like hes avoiding answering simple questions.

I am torn on this because I would have been careful NOT to share information while the attack is going on and things like that, and then being publicly known makes it seem as if even additional precautions might be needed. 

Signed,

truly torn.

[fillippone]

Usual game for the first day of the year.
Pretty easy if you are a member of this thread and you remember my past posts.

What I am looking at?
Where am I?

Shit, got no time, but i can remember. I won't give out a hint, though (or should i?)

Up to you!

Somewhere between Italy and Switzerland… but on Italian side, under the peak of Alps.

Vague and not correct.

around Jungfrau Top of Europe? Switzerland?

or you come back around here?

Not.

46.478635, 11.812831

Belveder
38032 Canazei, TB Italy


Edit:
Streetview

https://www.google.com/maps/@46.478367,11.8129745,3a,18.4y,23.72h,103.28t/data=!3m8!1e1!3m6!1sAF1QipNnfha-TdYZTa1HY0F6icMDTzTXGedhQJ4ZTzk!2e10!3e11!6shttps:%2F%2Flh5.googleusercontent.com%2Fp%2FAF1QipNnfha-TdYZTa1HY0F6icMDTzTXGedhQJ4ZTzk%3Dw203-h100-k-no-pi-0-ya120.54605-ro-0-fo100!7i5472!8i2736?hl=en-AE

Close, but not cigar.

[ChartBuddy]

Explanation

[Hueristic]

https://twitter.com/newkido22332783/status/1609866890653974529?s=20&t=PG-djWKv2EAt6tk3-nuOlw

Sounds like hes avoiding answering simple questions.

I am torn on this because I would have been careful NOT to share information while the attack is going on and things like that, and then being publicly known makes it seem as if even additional precautions might be needed. 

Signed,

truly torn.

He brought it up.

If he didn't want to talk about it then he shouldn't have tweeted about it for the whole goddamn world to see.

[Antisthenes]

Guys, give me a break, I’ll tell you what colour is my underwear, it’s blue today, okay?

Spent yesterday recovering from 3 weeks of hectic working and partying.

Aren’t you retired in “Lake Tranquility” Jimbo?
Oh wait. You guys never retire, isn’t that what they say?

A global shared hangover perhaps?

Indeed, it’s called JJG, around these here parts.

Had to wait until the new year to liquidate enough coins to keep paying the taxman his monthly pound of flesh.

And here we have another OG [heavy?] coiner, being a law abiding citizen, and paying his taxes by selling Bitcoin at the bottom. Right.
Perhaps -you- like my signature?

Now it seems more like the Disinformation Superhighway.

Depends from which side you look at it Jimbo. Never mind, just wear your mask.

Sorry. Genuinely ignorant here. You're going to need to explicitly spell it out for me.

Hahahahaha
Let's attack homer.
Homer is a phony.
Homer is a phony.
Homer is a phony.
Homer is a phony.
Homer is a phony.
This is fun.

Can you … not tilt like a toothless old whore?
I know you’re toothless, and I know you’re a whore, but I don’t know how old you are.
Care to el… fuck it.



… and quickly to Daddy1 or Daddy2 for maintenance, again.



xhomerx10, you sneaky bugger.
I had you with a question mark - in my little black book, until very recently.
Perhaps you should carry on with those vanity addresses, and tell us if something popped up or not.

Sounds like hes avoiding answering simple questions.

So is everybody else, so what?
He doesn’t have to answer to anything, regardless if the coins were stolen or not.

Code:

El duderino_ (through its merit award)
shahzadafzal
d_eddie
philipma1957
xhomerx10
minerjones
BitcoinGirl.Club
hisslyness

About that, open-source, right?
And who guarantees that the custom coldkey won’t have custom firmware as well? I guess you - the CEO, right.
Ukrainian CEO with a cold wallet company, right. A cold wallet for El duderino_, free of charge, through his “merit awards”, right.
Ukrainian IT people - without exception - are proud of their skills, right.
You even send personal invitations to people with [heavy?] Bitcoin stacks [have I got it right xhomerx10?] to lure them on the WO.
Luckily, most ignored you.

I just hope that the people on that list, but especially The Dude, is smart enough to never ever use it as a wallet, rather only as a collectible item.



TPTB are coming for you heavy coiners, beware, and for ffs constantly educate yourselves because things are moving fast.

How almost all hardware wallets can steal your seed

[ChartBuddy]

Explanation

[BobLawblaw]

Sorry. Genuinely ignorant here. You're going to need to explicitly spell it out for me.

Have you ever danced with the devil in the pale moonlight?

Let's play.

[Tipeform$]

#Bitcoin    Can’t Be Hacked 🚫 - @saylor

Here’s why:

https://twitter.com/SwanBitcoin/status/1610019160217493505?t=YHHxYAUZDPV_4mtkO1rL4A&s=19

Swan.com

[Hueristic]

Sounds like hes avoiding answering simple questions.

So is everybody else, so what?
He doesn’t have to answer to anything, regardless if the coins were stolen or not.

{snip}

TPTB are coming for you heavy coiners, beware, and for ffs constantly educate yourselves because things are moving fast.

How almost all hardware wallets can steal your seed

You make me want to both ignore you and merit you in every iteration, that is why you are so easy to spot. 

And that is the one thing you have zero control over.

[ChartBuddy]

Explanation

[TOXIC-ZY]

Twitter

[ChartBuddy]

Explanation

[BitcoinGirl.Club]

Who the fuck is this new boy Antisthenes ?