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

[ChartBuddy]

Explanation

[hisslyness]

What I don't understand: some are saying higher fees due to ordinals could mean increase of USD/BTC.  But wouldn't miners be able to sell BTC for cheaper prices than usual, when they made more revenue off fees?


higher fees might speed up a fee-based mining model though that would eventually be needed, when block rewards get too low, due to the halvings ...however that's still long time ahead...

Not really a long time, In about 2036 - 2040 (13 Years) we will see what the ramifications are. Block rewards will be smaller than block transaction fees collected.

Will this be a sustainable model? I believe so, with some tweaks.................. (smaller blocks/second layer)

[OutOfMemory]

OT:
Did some pixelmath (...n'stuff)  

The source material was a lil blurry, frame exposure time too long, near full moon, so the ion tail of C-2022/E3 (ZTF) is barely visible in the stacks.
There's a chance after 10th of February, at new moon, to capture the comet another time but better.
For my first comet astrophoto, i'm satisfied to a good extent.





pic1 is from the late night session, while pic2 is the result from the earlier one (10pm).
Both obviously processed differently. I think i can like fall in love with those star-trail looks. Probably going to work more into this direction for some time...

[ChartBuddy]

Explanation

[Torque]

That latest U.S. jobs report is pure BS. With all the mass layoff announcements? In the first two weeks of Jan?

No. Fucking. Way.

I'm sure the numbers were fudged, probably pulled forward holiday and contract hires, just to dump on the longs.

They'll revise down months later.

The Fed really wants to keep this inflation narrative and rate hikes going, drag it out for as long as possible.  

[Stepstowealth]

No. Fucking. Way.

do you not see it as possible?

[Lainta]

NEW: Mining firm Marathon Digital Holdings, second largest publicly-listed holder of #Bitcoin     has sold 1,500 BTC, worth $35.3 million for the first time in two years

https://twitter.com/BitcoinNewsCom/status/1621508577570725888?t=w6Peb_vfI4EnFwfJ2LPfIw&s=19

[hisslyness]

That latest U.S. jobs report is pure BS. With all the mass layoff announcements? In the first two weeks of Jan?

No. Fucking. Way.

I'm sure the numbers were fudged, probably pulled forward holiday and contract hires, just to dump on the longs.

They'll revise down months later.

The Fed really wants to keep this inflation narrative and rate hikes going, drag it out for as long as possible.  

They call it Seasonal Adjustment!.. i.e "We can make up shit and spin in a way that the average person will say o yeah, that make sense!"

Of course they will drag it out as long as they can, think of all the interest they are getting on the trillions dollars of bonds they hold! I wonder when the tax hikes are coming....

Maybe the ultimate goal here is drive "US Military Recruitment" to prepare for possible future conflict.... maybe...

[hisslyness]

NEW: Mining firm Marathon Digital Holdings, second largest publicly-listed holder of #Bitcoin     has sold 1,500 BTC, worth $35.3 million for the first time in two years

https://twitter.com/BitcoinNewsCom/status/1621508577570725888?t=w6Peb_vfI4EnFwfJ2LPfIw&s=19

Unfortunate, but bills have to be paid. However, they are still hodling 10,000+ Bitcoin.

[ChartBuddy]

Explanation

[xhomerx10]

No. Fucking. Way.

do you not see it as possible?

 You're a tough sell.  He had me convinced at, "No."

[BitcoinBunny]

That latest U.S. jobs report is pure BS. With all the mass layoff announcements? In the first two weeks of Jan?

No. Fucking. Way.

I'm sure the numbers were fudged, probably pulled forward holiday and contract hires, just to dump on the longs.

They'll revise down months later.

The Fed really wants to keep this inflation narrative and rate hikes going, drag it out for as long as possible.  

Would be good if they reported people employed, NOT multiple jobs by 1 person, which is utter nonsense.

Won't surprise me if they count someone having an Only Fans account as having 1 extra job even though 70% of the people on there don't even make 100 bucks per month.

[ChartBuddy]

Explanation

[d_eddie]

Weekly vibrations
Corn tops shaking in the wind
The February chill




#haiku

[ChartBuddy]

Explanation

[JayJuanGee]

Nice bear market rally.

Don’t be too happy.

12k coming fags.

Poor widdo Billy no coiner.. still waiting for an entry position.., and weren't you stating sub $10k earlier?  Why you moving up?  Just think about how many cornz you could have gotten on our drop down into the mid $15ks.. Didn't you pick yourself up some cornz?  It's likely that you are going to regret not buying so many coins that you could have gotten below $100k.

Where is the guy with McDonald’s hat… counting sats . 😝

Yep... the diligent toiler who keeps accumulating.. even for 10 years or more deserves some recognition, yet for sure, s/he will have a whole hell of a lot more options, even if he might have ONLY been able to stack $10 per week worth of sats.. but if we get to 20 or 30 years down the road, the persistent and ongoing sats stacker will likely be in really good shape..

[edited out]

Fat chance billy bob… sorry you didn’t get the bottoms in memo at 17k$ 😝

I don't have so much confidence as to presume that the bottom is in.. even though the odds do seem to be getting better that the bottom is in.. but I am not sure how high of a percentage that we can proclaim it to be... Perhaps greater than 35% odds that the "bottom is in?"   Am I too bearish with those kinds of numbers that might suggest that there could be greater than 35% odds that the bottom is not in?

[lizarder]

Just for fun before heading to 2024 the graphics on the tree twister are impressive let's hope to go to the moon and beat the news the Fed wants to follow the narrative of inflation and rising interest rates or the huge Chinese balloon seen floating in the American skies.

[OROBTC]

...

SOMEONE using Wasabi is confident about HODLing BTC, and that whatever chain analysis company that looks at Wasabi's coinjoins won't matter to them...  Check out the below, with a whopping 130BTC UTXO:

https://mempool.space/tx/b1c32fee891ebc3f4e3ee9553ce9a71f44eb62b2df602146bf051f633cd4c6c5

I'm seeing more and larger coinjoins now.

[OgNasty]

That latest U.S. jobs report is pure BS. With all the mass layoff announcements? In the first two weeks of Jan?

No. Fucking. Way.

I'm sure the numbers were fudged, probably pulled forward holiday and contract hires, just to dump on the longs.

They'll revise down months later.

The Fed really wants to keep this inflation narrative and rate hikes going, drag it out for as long as possible.  

I sort of thought the same thing.  I have multiple friends dealing with layoffs at their jobs now and the ones that aren't have had their hours cut or been told to start saving in case the worst happens.  Maybe the layoffs haven't actually occurred yet, and this is the last ditch effort to justify their rate increases headed into a recession?  In any event, they can't continue pretending the job market is strong for much longer.  The jobs that are available are trash that nobody wants and the only explanation in my opinion for an increase in job numbers is that people are getting second jobs to try and make ends meet with higher rates.  I would agree that this is more manipulation and that Biden is dead set on causing a recession so that he can promise assistance going into the next election.  He's now even denying inflation was his fault.  We are fully headed to an Idiocracy future.

[John Abraham]

He switched to using BSV, so he won't be writing any more images to Bitcoin's blockchain.

i have found out that bitcoin forked and cryptograffiti uses "bitcoin cash" which seem less popular than "bitcoin". how many miners bitcoin cash has? how much reliable is this? are messages saved there are now going to be provable to be indeed not changed by 51% attack?

Actually CryptoGraffiti.info now features only the Original BitCoin (BSV)...

Haha, what a retard.

They are inactive. I want them to see a meme.