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

[BitcoinBunny]

Inflation and how the central banks and governments are screwing you from all angles...

Yorkshire fish and chip shop from 1976.


Fish and chips are now about £7.50 in the UK... (if you are lucky! My local chippy charges £9.50 for small fish and chips and £11.50 for regular).

According to the Bank of England inflation calculator 21 pence in 1976, should be about £1.30 in today's money.
(https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator)

Those absolute wankers.

 

[ChartBuddy]

Explanation

[philipma1957]

Supermarket prices

King Kullen New York

Jan 2023

12 Eggs...............................  $5.79

Arnold White bread 2 lbs........  $6.29

Head Of Iceburg lettuce.......... $2.99

Pound of bacon..................... $10.99

Cheddar cheese lb ...............  $10.99
total __________________$37.05

Summer 2021

12 Eggs ............................ $1.59
Arnold White Bread ............ $4.49
Head of Iceberg lettuce ......  $1.99
Pound of bacon .................  $2.99
Cheddar cheese lb .............  $3.99
total _________________$15.05

18 month time span

[OROBTC]

...

Inflation's a killer...  Pretty soon, I would imagine, we will hear some pretty serious squawking from those in delicate financial circumstances...

*   *   *

But I note that BTC price is very close to 17k once again.  And at the site where I just saw that (bitbo.io), I also note that the current hash rate is 330 EH/s, which is the highest I have ever noted (though I do not follow hash rate closely).

Gold and other precious metals also had a good day, the US$ did not.

[Torque]

OT: Torque's New Years Resolution

To watch all the programs on Netflix that interest me over the next few months (mostly documentaries), and then cancel my subscription.

Reason: I am so done with their bullshit agenda-pushing, bait-and-switch garbage shows. Just not worth it anymore.

I was having similar thoughts too. Care to share which documentaries you have in mind? I seem to spend more time trying to find something worth watching on Netflix, than actually watching Netflix.

Well, I really liked the series 'Ancient Apocalypse'. Very thought provoking and engaging.

Others:

Secrets of the Saqqara Tomb

Secrets of Great British Castles (a little dark at times, but great if you like cool Castle history)

Any of the Animal/Sea Planet documentaries are great

Cold Case Files (bad guys finally get caught, fk yeah some justice in the world)

[ChartBuddy]

Explanation

[sirazimuth]

"I want to complain! "

"You want to complain? Well look at these shoes...I've only had 'em 3 weeks and they are already worn right thru"

"No I want complain about the...."

"If you complain nothing happens, you might as well not bother, and my back hurts and maybe I had a fine day, but I'm sick and tired of this office..."

[philipma1957]

Sorry off topic but I had to write this.

Do you think he fucked his brains out?

https://www.yahoo.com/news/former-porn-star-ron-jeremy-215349936.html


"LA Times
Former porn star Ron Jeremy to be declared incompetent to stand trial for rape.

Adult film legend Ron Jeremy is suffering from "severe dementia" and will be declared incompetent to stand trial on multiple charges of rape later this month, according to an e-mail obtained by The Times...."




Semi on topic below:

My Silver hedge looks good.

As does my bond hedge.


and I did my weekly dca of btc today.

that is 10 weeks in a row.

Nov 04 yes
Nov 11 yes
Nov 18 yes
Nov 25 yes
Total———— 4x
Dec 02 yes
Dec 09 yes
Dec 16 yes
Dec 23 yes
Dec 30 yes
Total ————9x
Jan 06 yes
Jan 13
Jan 20
Jan 27
Total ———— 10x

[ChartBuddy]

Explanation

[PayPeoplePatrick]

Hey, I know this is off-topic but I just made a new account to try to reach out to tons of people who were scammed by intersango (an early exchange) and let them know that the embezzling of 50 million dollars worth of btc from them is now public information. Because I have a new account though it seems I can't message people easily and I'm limited in my posts. I know this thread is a pretty active thread so I was wondering if someone can help me ping a list of users without having these spam triggers.

I've set up a website detailing the evidence of the embezzlement here paypeoplepatrick / com.

[macson]

"I want to complain! "

"You want to complain? Well look at these shoes...I've only had 'em 3 weeks and they are already worn right thru"

"No I want complain about the...."

"If you complain nothing happens, you might as well not bother, and my back hurts and maybe I had a fine day, but I'm sick and tired of this office..."

shit

GTFO...

[HI-TEC99]

...
Secrets of Great British Castles (a little dark at times, but great if you like cool Castle history)
...

Don't stand below these things on castle walls. They're the toilets.

[Biodom]

wow, @phil, those one year differences in NY groceries are just CRAZY (feels almost like Argentina).
@BitcoinBunny...it goes to how that long-term inflation numbers are cringe-worthy.

Alas, apart from buying btc (and, reluctantly, maybe gold), what one can do?
Gold goes up and down so slowly that you never know if you are getting a bargain or buying at the top as we are still below the 2011 top, 12 years later.
I bought a little of paper silver (SLV) some time ago, not going to buy a bag and store it somewhere. It is not the same, but, hopefully, sufficiently close for a hedge.
Still, this is just for fun.

[ChartBuddy]

Explanation

[philipma1957]

wow, @phil, those one year differences in NY groceries are just CRAZY (feels almost like Argentina).
@BitcoinBunny...it goes to how that long-term inflation numbers are cringe-worthy.

Alas, apart from buying btc (and, reluctantly, maybe gold), what one can do?
Gold goes up and down so slowly that you never know if you are getting a bargain or buying at the top as we are still below the 2011 top, 12 years later.
I bought a little of paper silver (SLV) some time ago, not going to buy a bag and store it somewhere. It is not the same, but, hopefully, sufficiently close for a hedge.
Still, this is just for fun.

Thank god it is some of the  food not all.

I have okay amounts of silver.

Not much gold.

I keep stacking btc and expanding the mine.

[ChartBuddy]

Explanation

[TrustedBitcoiner]

HOLD BITCOIN   




Please Quote for visibility..

very nice

[John Abraham]

Supermarket prices

King Kullen New York

Jan 2023

12 Eggs...............................  $5.79

Arnold White bread 2 lbs........  $6.29

Head Of Iceburg lettuce.......... $2.99

Pound of bacon..................... $10.99

Cheddar cheese lb ...............  $10.99
total __________________$37.05

Summer 2021

12 Eggs ............................ $1.59
Arnold White Bread ............ $4.49
Head of Iceberg lettuce ......  $1.99
Pound of bacon .................  $2.99
Cheddar cheese lb .............  $3.99
total _________________$15.05

18 month time span

Freakin inflation Jumped over our heads.
We live life somehow well. But I feel sad when I think of a family with only one person to earn, and the family is big.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation