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

[Phil_S]

1.5x per year...
at least we crossed that 25600 line, finally. I wonder if we could cross 51200 sometime this year.



It's tempting to think we'll follow the 2019 recovery trajectory, but the budger rarely follows past patterns.

[BitcoinBunny]

Scientists deliver ‘final warning’ on climate crisis: act now or it’s too late
https://uk.yahoo.com/news/ipcc-climate-crisis-report-delivers-130009874.html

I'm too tired to act.
Oh well. It's too late now. Shame.

[pixie85]

What does $1 even buy these days? Maybe get a couple of carrots if you're lucky?

What about the famous (or infamous if you're a food purist or a vegan) Big Mac.
In 1970 you had to cough up just $0.46 to get one.
In the 80s, $1.60
In 2004, $2.90
In 2020 the price reached $4.95

[Synchronice]

Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.

[cygan]

[pixie85]

Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.

Who says we're still in a bear market?
Tell me please, what's the difference between a bear market rally and a beginning of a bull market?
It's easy to say after the fact when the price keeps going down for months that it has to be a bear market and the same the other way round, after breaking the ATH everybody thinks it's bull market.

2020 can be a good example. We went to 10k - nah bear market rally like in 2019, 12k - nah it's going to be like in 2019, 13,5k - I better sell soon before it ends up like 2019, then it finally broke into 18k territory and everyone was like - take my money, it's bull market and we went straight from 19k to 41k.

[philipma1957]

Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.

So you are anti crypto and we are crashing correct?

So in under a month we are under 20k and sink to 10k eventually correct?




and JJG don't quote this and fuck with context.

As I am still buying BTC weekly and adding btc gear.







Oh still waiting to see fed's response to the bank crash.

I personally think they are so fucking stupid they will try to boost +0.50% to crash out inflation for sure.

[ChartBuddy]

Explanation

[Synchronice]

Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.

Who says we're still in a bear market?
Tell me please, what's the difference between a bear market rally and a beginning of a bull market?
It's easy to say after the fact when the price keeps going down for months that it has to be a bear market and the same the other way round, after breaking the ATH everybody thinks it's bull market.

2020 can be a good example. We went to 10k - nah bear market rally like in 2019, 12k - nah it's going to be like in 2019, 13,5k - I better sell soon before it ends up like 2019, then it finally broke into 18k territory and everyone was like - take my money, it's bull market and we went straight from 19k to 41k.

Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.

So you are anti crypto and we are crashing correct?

No, No! You took it wrong, I'm not anti-crypto. I'm very pro-crypto. This image reminds me situations when people buy bitcoin when bubble is about to explode, I mean moments when it reached 20K in 2017 and 70K in 2021 and people were entering and making investments into crypto world during that moments.

[BitcoinBunny]

What does $1 even buy these days? Maybe get a couple of carrots if you're lucky?

What about the famous (or infamous if you're a food purist or a vegan) Big Mac.
In 1970 you had to cough up just $0.46 to get one.
In the 80s, $1.60
In 2004, $2.90
In 2020 the price reached $4.95

I was in California in the mid 90s and went to quite a few McDonald's and Denny's. I think they had a special deal on at McDonalds as I remember everytime I got a Big Mac it literally was $1.

(Weird observation I thought at the time was EVERY single employee at McDonald's was black. San Diego, LA, San Fran, always black restaurant workers, like white people weren't allowed.)


I watched Matt Stonie 7 years back and his 25 Big Macs bill came to $117, which is STILL a few dollars more than in the UK at today's individual Big Mac prices (£3.69) and current exchange rate.

Don't know what F these Californians have done over the years. Food used to be very cheap there from what I remember from my visit. You could literally live weeks off $100 and that was at restaurants.

[Lainta]

NEW: 🇺🇸 The FDIC Insurance Fund only has $128 Billion and total US deposits in Commercial banks are $17.6 Trillion 😳 😰

This is a game of consumer confidence and #Bitcoin    will always win that 🙌

https://twitter.com/BitcoinNewsCom/status/1637759425535516675?t=2a8vIy5VJz0fGpRonxu_4w&s=19

[Hueristic]

Don't know what F these Californians have done over the years. Food used to be very cheap there from what I remember from my visit. You could literally live weeks off $100 and that was at restaurants.

Every hear of a drought?

You can only live so long without water and then you have to ship everything in.

Thats what happens when you allow special interests use your precious resources when they are not being renewed.

Even with all the flooding and snow cap building they are still in drought conditions.

That's how big a hole they dug for themselfs.

Literally Arizona is trying to ship in water from the colorado river to support new industrys that should never have been built in a desert to begin with.

The retarded decisions I see on a daily basis make me not give a flying fuck about anything or anyone any more.

Humankind is digging its own grave and I for one have given up giving a shit about it.

[ChartBuddy]

Explanation

[philipma1957]

Don't know what F these Californians have done over the years. Food used to be very cheap there from what I remember from my visit. You could literally live weeks off $100 and that was at restaurants.

Every hear of a drought?

You can only live so long without water and then you have to ship everything in.

Thats what happens when you allow special interests use your precious resources when they are not being renewed.

Even with all the flooding and snow cap building they are still in drought conditions.

That's how big a hole they dug for themselfs.

Literally Arizona is trying to ship in water from the colorado river to support new industrys that should never have been built in a desert to begin with.

The retarded decisions I see on a daily basis make me not give a flying fuck about anything or anyone any more.

Humankind is digging its own grave and I for one have given up giving a shit about it.

Every day I used (edit sp) to wake up angry all my kids died via miscarriages.

Now I am grateful I won't need to worry about them at all. I figure at 66 I may be lucky enough to simply die before it all falls apart.

No male in my family lived past 93  only 1 lived past 85. So a good chance I am under 20 years to go this means I may not see the

collapse.  If indeed that is what is going to happen.

[machasm]

Don't know what F these Californians have done over the years. Food used to be very cheap there from what I remember from my visit. You could literally live weeks off $100 and that was at restaurants.

Every hear of a drought?

You can only live so long without water and then you have to ship everything in.

Thats what happens when you allow special interests use your precious resources when they are not being renewed.

Even with all the flooding and snow cap building they are still in drought conditions.

That's how big a hole they dug for themselfs.

Literally Arizona is trying to ship in water from the colorado river to support new industrys that should never have been built in a desert to begin with.

The retarded decisions I see on a daily basis make me not give a flying fuck about anything or anyone any more.

Humankind is digging its own grave and I for one have given up giving a shit about it.

Every day I sued to wake up angry all my kids died via miscarriages.

Now I am grateful I won't need to worry about them at all. I figure at 66 I may be lucky enough to simply die before it all falls apart.

No male in my family lived past 93  only 1 lived past 85. So a good chance I am under 20 years to go this means I may not see the

collapse.  If indeed that is what is going to happen.

Woah. Cheer up guys.
Bitcoin is pumping dont ya know.

[ChartBuddy]

Explanation

[JayJuanGee]

I still have my cold
But bitcoin is going up
So there's that I guess

You are not sure?

 

Any idiot spouting fictitious nonsense seems to be able to start a YouTube channel about finance and get 50K followers easily these days.

And meanwhile my own YouTube channel seems to have a collective total of 4 views after 2 weeks.

And three of the views were your mom.


AmInotrite?

 

ALERT!
Blood is rushing to my nether-regions.

Why?








Dare I ask?

Today I’ve had 4 phone calls from friends that have always disregarded what I had to say on #Bitcoin
Today it’s different. They all sound scared, and want to know how to buy
One friend is sitting on a cash balance of 2 mil. He wants 1 mil in #Bitcoin by the weekend
Buckle up
https://twitter.com/BitcoinMaxiHodl/status/1637712059629735936?s=20

You could sell him some from your pocket change..

your side wallet....


your hot wallet..


whatever it's called.


You know that if you have been into bitcoin for at least a whole cycle, you got cornz to be tossing around...


One of the problems with having too many cornz is knowing what to do with them, but if you end up selling your own cornz to even a BIGGER fiat whale.. then there would be questions of making sure that you still have "enough" left.

Janet Yellen admitted to Congress that SHE and other government officials determine which banks are systemic, and which are not.
Below are the entities that paid her over $7MM in “speaking fees” before her time at Treasury.
Banana Republic stuff.
@DoombergT
https://twitter.com/EnergyCynic/status/1637445248170311680?s=20
This never gets old

Bitcoin sign guy.. how qcuuuuuuuuutte.

[ChartBuddy]

Explanation

[In the silence]

Loving that green dildo reaching the $32,000 level. 

[Volgastallion]

Stop with the crap "tecnical analisys" "elliot waves" all crap. Only fundamentals and you cant know they well, so dont be a wall street boy of crypto.

All that grapichs who never land in correct predictions and after that prediction fail , then come and put others lines and say "look i took the incorrect bla bla bla".