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

[ChartBuddy]

Explanation

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[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

[HI-TEC99]

McDonald's is going to start firing people.

https://www.businessinsider.com/mcdonalds-ceo-warns-staff-of-possible-layoffs-in-spring-2023-1

McDonald's CEO Chris Kempczinski warned staff Friday of possible layoffs in the spring

"We will evaluate roles and staffing levels in parts of the organization and there will be difficult discussions and decisions ahead," Kempczinski wrote in a Friday memo to employees and shared with investors

We expect to finalize and begin to communicate key decisions by April 3."

What will rekt daytraders do now?

[ChartBuddy]

Explanation

[sirazimuth]

I cant decide what to do with the new space above the new garage....  (thank you bitcoin)
A studio to record really bad songs? (Jay and marcus would like that)
An indoor grow room to produce badass, stinky, sticky-icky? (idk, I don't indulge and I currently have a surplus)
Or something I just thought of tonight over a couple of beers...
A billiards table to play billiards or snooker. (not that retarded American eight ball crap) 
I kid... I always play eight ball on a pool table. It's what everyone knows.
Albeit, my late dear old dad taught me 3 ball billiards and snooker...the real deal, imo, when it comes to games on a pool billiard table.


And now I'm waiting for my manic trolling Greek buddy to post a big, long flaming toxic diatribe of split up quotes and one line replies he thinks are clever,
designed to bolster his "legend hero* in his own mind" status. (*apparently, he had to start a new account. I cant imagine why...)
As he ages, he will come to realize how foolish his posts are.  Or maybe not, who knows if it's permanent brain damage?



GO BITCOIN

[JayJuanGee]

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.

Yep.. real world experience does seem to show us that inflation is higher than being disclosed.... and so perhaps we are getting prices doubling in about a year and a half.

I like to think of total family budget in terms of percentages, so you are right if the family budget for food had been 1% to 3%, then it may be way more manageable if it doubles and becomes 2% to 6%.. versus someone who might start out with a food budget that is 10% to 15%, then when it doubles it becomes 20% to 30%... so does the income increase keep up with that?

So yeah maybe some of the income increased 4% or maybe even 10% for folks who were really in a better income position, but did not make up for the doubling of the prices.

In terms of bitcoin, it can be interesting too.  Let's say that a BTC hodler might have been starting to feel that s/he was getting close to fuck you status when the BTC prices were in the $50k range, so s/he had accumulated around 30 BTC.. so really starting to feel close to fuck you status in terms of spot price.. .. but not feeling so rich now.. and just feeling like stacking sats and maybe having some struggles to muster up any extra cashflow to dedicate towards BTC.. used to be able to stack $100 per week, but now is having troubles to put together that much money... and so will s/he have more BTC in the event that BTC prices get back up to $50k again (assuming that BTC prices get up to $50k again at some point),

and maybe part of the goal for each of us might be to try to make sure that we are at least not losing in sats.. if we have not yet made it to fuck you status.. and even if we did make it to fuck you status, there might be some feelings of insecurity in regards to NOT being able to feel comfortable spending from BTC stash.. if the stash is less than 80 BTC.. like I had mentioned that amount before... as possibly being borderline fuck you status, but it ONLY really works if you are able to exercise some deferred gratification.. even if it might be more comfortable in later times, presuming the 200 week moving average continues to move up.

Think of Luke.. who lost around 200 BTC.  Does he have more BTC because that 200 BTC would be around 2.5x entry level fuck you status.. but maybe not so much for a guy with 8 kids.. maybe we have to consider that he might be ONLY at fuck you status with that quantity of coins with his family size?  But then someone with that many coins might still not feel comfortable spending any of his coins at these prices and while the prices of everything is continuing to go up..... in the ballpark of close to 2x in the past couple of years.

[ChartBuddy]

Explanation