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

[BitcoinBunny]

How IKEA was invented

https://www.youtube.com/watch?v=TSR-jtuVU1c&ab_channel=CharlieBerens

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[Rabata]

Someone is sitting in the shade because someone planted a tree long ago.

So, Hold your Bitcoin.....

[BobLawblaw]

[philipma1957]

What dip?











Buddy = 14
Phil = 13

[dragonvslinux]

What dip?

-65% from ATH maybe? Short-term decline in a long-term uptrend sounds like a dip to me in a macro sense. If current prices were a dip buying opportunity back in June, then it's still an opportunity today.

Still remember people buying the dip from $30K to $20K last year. I don't really see the different in buying from $20K to $30K this year to be honest.

The only difference is buying into a short-term uptrend, as opposed to a short-term downtrend, potentially avoiding a lot more downside as well.

[philipma1957]

What dip?

-65% from ATH maybe? Short-term decline in a long-term uptrend sounds like a dip to me in a macro sense. If current prices were a dip buying opportunity back in June, then it's still an opportunity today.

Still remember people buying the dip from $30K to $20K last year. I don't really see the different in buying from $20K to $30K this year to be honest.

The only difference is buying into a short-term uptrend, as opposed to a short-term downtrend, potentially avoiding a lot more downside as well.

I agree with that logic

As my DCA is in for every Wednesday




Buddy = 14
Phil = 14

[Lainta]

JUST IN: VISA vice president confirms company will continue to partner with #Bitcoin    and crypto firms, denying reports that said otherwise 👏

https://twitter.com/BitcoinMagazine/status/1630944214153576449?t=hhPRIvlNqMckLe8RHwwF6A&s=19

[ChartBuddy]

Explanation

[Gachapin]

WO is full of farmers these days

My theory is its actually just 3-4 farmers that run 10-20 accounts.

They are like beggars -- if you reward them they will just keep coming back and never learn to provide on their own. Basically you guys (mainly El Duderino and JJG) are cursing them to a lifetime of begging with each merit sent.

I think both points are correct.  

The merit farmers come in waves within the same time frames, so that would be an indication that your theory is true.  
Also as a merit farmer it would be utterly stupid to only use one account, as they bet on quantity.

I considered telling your second point to JJG, but then I figured that I wouldn't have the time to read through his/her wall of text in order to conduct a conversation.

But since you are totally on point, I will re-consider my apathy in that regard

[philipma1957]

WO is full of farmers these days

My theory is its actually just 3-4 farmers that run 10-20 accounts.

They are like beggars -- if you reward them they will just keep coming back and never learn to provide on their own. Basically you guys (mainly El Duderino and JJG) are cursing them to a lifetime of begging with each merit sent.

I think both points are correct.  

The merit farmers come in waves within the same time frames, so that would be an indication that your theory is true.  
Also as a merit farmer it would be utterly stupid to only use one account, as they bet on quantity.

I considered telling your second point to JJG, but then I figured that I wouldn't have the time to read through his/her wall of text in order to conduct a conversation.

But since you are totally on point, I will re-consider my apathy in that regard

Yeah if I were to run a farm I would have 3 master accounts with 10 satellites each









Buddy = 15
Phil = 15 caught buddy

[Volgastallion]

JUST IN: VISA vice president confirms company will continue to partner with #Bitcoin    and crypto firms, denying reports that said otherwise 👏

https://twitter.com/BitcoinMagazine/status/1630944214153576449?t=hhPRIvlNqMckLe8RHwwF6A&s=19

This its because VISA doesnt make anything in real, the enterprise between crypto and VIsa who expend the card make the change to fiat money at X rate, and Visa only see a normal transaction, VISA its very wisely allowing them to do that because with 0 effort they are up the wave of crypto like they support that in full gear, but in the reality they dont make any effort.

[philipma1957]

JUST IN: VISA vice president confirms company will continue to partner with #Bitcoin    and crypto firms, denying reports that said otherwise 👏

https://twitter.com/BitcoinMagazine/status/1630944214153576449?t=hhPRIvlNqMckLe8RHwwF6A&s=19

This its because VISA doesnt make anything in real, the enterprise between crypto and VIsa who expend the card make the change to fiat money at X rate, and Visa only see a normal transaction, VISA its very wisely allowing them to do that because with 0 effort they are up the wave of crypto like they support that in full gear, but in the reality they dont make any effort.

I do not understand your explanation.

Do you mean a company exchanges btc to cash then cash goes in and out of visa?

so buyer with btc - exchange service - visa - product for sale?










Buddy = 15
Phil = 16 passed buddy

[BitcoinBunny]

JUST IN: VISA vice president confirms company will continue to partner with #Bitcoin    and crypto firms, denying reports that said otherwise 👏

https://twitter.com/BitcoinMagazine/status/1630944214153576449?t=hhPRIvlNqMckLe8RHwwF6A&s=19

JUSTIN BIEBER: Bitcoin vice president confirms VISA is not a partner in anything that it does and advises users to use & Hodl Bitcoin and not use credit cards at all anymore.

[philipma1957]

JUST IN: VISA vice president confirms company will continue to partner with #Bitcoin    and crypto firms, denying reports that said otherwise 👏

https://twitter.com/BitcoinMagazine/status/1630944214153576449?t=hhPRIvlNqMckLe8RHwwF6A&s=19

JUSTIN BIEBER: Bitcoin vice president confirms VISA is not a partner in anything that it does and advises users to use & Hodl Bitcoin and not use credit cards at all anymore.

This is quite funny.

I see a tat near her ankle wonder what it reads?









Buddy = 15
Phil = 17 passed buddy and building up a margin  to coast on when I go to sleep

[ChartBuddy]

Explanation

[BitcoinBunny]

Not good and hardly an effing "surprise" is it?!

Surprise jump in German inflation after surge in food prices
https://uk.yahoo.com/finance/news/housing-market-suffers-weakest-february-070422243.html

ECB rates HAVE to go to 4-5% minimum in the next 3 months.

Fed and BOE will go higher than markets are predicting surely. Could see 6-7% I suspect.

Those disgusting leeching fiat bankers in the UK have still mostly not added on the increase in interest to savings accounts.
Bunch of filthy pigs the lot of them.

[eXPHorizon]

Ka je zaj Čeljustniki, ste že shirani ?

[philipma1957]

At bitcoinbunny  yeah I purchased some heavy whipping cream

$4.99 for a pint

Most every thing goes up.


 





Buddy just grinds away really tough mojo to stay ahead of.








Buddy = 16
Phil = 18 passed buddy and building up a margin  to coast on when I go to sleep

[OutOfMemory]

You are right though, I'm a bit disappointed by so much copypasta in the WO recently.  I liked it better without the merit system.

The merit system wasn't established for us to take it too serious, though.
...

That's exactly the point....  If you live in a low income country getting merits can be a very serious thing.  It may provide you at least with a 2nd income the wellbeing of your family might depend on.

I can tell ya, if I lived under such circumstances, I would rather do some posting on Bitcointalk than being exploited in a badly paid and exhausting 3rd world employment.

And that creates some very "motivated" merit farmers.

I don't think any of the older WO participants take Merits very serious.  But merit farmers do, for sure

+1 WOsMerit

I was completely blind for these poverty / forum rank / signature campaign aspects, man.
Thanks for shedding a light.

[HI-TEC99]

...

I will be having some vodka tonight.

May as well.  Vodka, potatoes, carbs.. what difference does it make...  

Its got mint and limes in it. How is that vodka? Put the limes back in your purse and drink it pure like a man (who hodls BTC).

Vodka + mint and limes is for breakfast. Pure vodka is for dinner.