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

[OutOfMemory]

Hey buddy, what's with this 29xxx thing? Ditch it.

be careful or he might go to 28xxx

* OutOfMemory warming up the index finger for clicking the BUY button 

Saw the Gensler interview yesterday.

What
A
Dumb
Douchebag (not)
Answering
Fucking
Unexpected
Questions
 

Should be detained for explicitly not servicing the US citizen, imo.

[ChartBuddy]

Explanation

[OgNasty]

Looks like the market it’s getting choppy at $30K as you would expect looking at the chop the last time we hit $30K on the way down. We’re basically mirroring that move which means when this chop does break up and we move another leg higher, the price should jump pretty much straight to $40K and pause for another consolidation period.

[ChartBuddy]

Explanation

[Who is John Galt?]

In 2035 ,
Fiat would be Toilet Paper.
Banks would be Toilet 🚽.

It's too early to celebrate victory while the fight is in full swing. Central banks are not in vain now developing CBDC, they plan to still compete for fiat, because it is what helps them control everything. And I wouldn't expect them to give up so easily. Governments still have a lot of resources to stop bitcoin from developing, and we need to try so that they do not interfere with bitcoin.

[ChartBuddy]

Explanation

[BitcoinBunny]

What a shock.... not. 

City predicts 5% interest rates by August after double-digit inflation shock
https://uk.yahoo.com/finance/news/city-predicts-5-interest-rates-103536373.html

I bet even then people will still be getting a pittance interest rate on their dirty fiat savings.

[Negotiation]

Hong Kong court rules cryptocurrencies as property.

https://cointelegraph.com/news/hong-kong-court-rules-cryptocurrencies-as-property

Finally another great news for this year.BTC

[d_eddie]

Saw the Gensler interview yesterday.

What
A
Dumb
Douchebag (not)
Answering
Fucking
Unexpected
Questions
 

Should be detained for explicitly not servicing the US citizen, imo.

Slacking on the job
Prison? Too harsh. Fire him.
That would just be fair




#haiku

[ChartBuddy]

Explanation

[God Of Thunder]

I'll go with the 26 trillion years option.

And then don't forget it.
Please don't write it down on your computer as well.
Don't save your password on your browser.
Suppose you can remember all 18 Uppercase and lowercase numbers and symbols. You are extraordinary.
Two hundred twenty-six years is enough for me. I won't be there for that long time 

[ChartBuddy]

Explanation

[HI-TEC99]

[JayJuanGee]

We need a new poll.
I'm curious what people think the price will be by these dates:
6/15/2023

9/15/2023

12/28/2023

This is what it should be by 2035.

In 2035 ,
Fiat would be Toilet Paper.
Banks would be Toilet 🚽.

Yesterday, I updated my projection of entry-level fuck you status chart based on some of the recent great declines in BTC prices that we have seen (mostly over the last year-ish), and I also tried to cause the rate of increase of the BTC bottom price to become more gradual with the passage of time.

So for example, my chart shows a BTC bottom price of:

$39,257 by mid-2024

$144,982 by mid-2028

$370,105 by mid-2032

$640,052 by mid-2035

$1,013,573 by mid-2038

$1,960,433 by late 2043

and

$5,639,679 by mid-2056

Sure, I am not really sure how realistic these projected BTC bottom price numbers are, but I think that they are a bit better than my earlier version that I had created on December 28, 2021 - and that did not have any graduation of the projection curve, and instead my earlier version was more of a straight-line appreciation of the BTC bottom price that was right around 75% per year.. which even at the time that I created it I had considered to be difficult to sustain.  My current chart shows projected BTC price bottom snapshots every 6 months.

Also, I think that one of my underlying presumptions is meant to be based on projecting forward based on the value of today's dollars.. but still I understand that sometimes it can be difficult to project so far into the future, especially when there is an expectation that the dollar is going to continue to lose value and maybe even to lose value more than it has historically debased - especially if we account for many of the seemingly crazy monetary policies in recent times.

[hisslyness]

Yearly update of the password strength table:

I particularly like this chart!

“What about the elephant in the room: what if my password has been previously stolen, uses simple words, or I reuse it between sites?”



Due to OpSec, I can not confirm or deny that I am using pass-phrases/long sentences and random words with spaces, rather than a random 12 character string.

[ChartBuddy]

Explanation

[JayJuanGee]

Yearly update of the password strength table:

Source:
Are your passwords in the green

It looks like if I add a character to my current password (which happens to be "Password123" - just for your info), then my brute-force hackening durability will go from 10 months of hacking durability all the way up to 3 years if I stick with 11 characters, and all the way up to 226 years if I go to 12 characters.  

It would be even better if I don't tell you guys which character I am going to use and where I am going to put it.

Do you guys know if there is a live ticker of the cumulative buy/sell walls from the orderbooks of every major exchange?

Huh?

Do you know about this one:   https://data.bitcoinity.org/markets/books/all#

Yearly update of the password strength table:

I particularly like this chart!

“What about the elephant in the room: what if my password has been previously stolen, uses simple words, or I reuse it between sites?”

Due to OpSec, I can not confirm or deny that I am using pass-phrases/long sentences and random words with spaces, rather than a random 12 character string.

That's a good point to counter my previous discussion of the matter.

I am going to have to reconsider my earlier disclosed plan forward.^**



**hisslyness making more work for me.

[philipma1957]

More Gensler grilling

https://www.youtube.com/watch?v=pBMnPec4AC4

No wonder Coinbase are threatening to leave the USA with this wishy washy unclear nonsense.
Gensler is the embodiment of modern day BS.

Any state official can bend wishy washy rules to whatever is suited in an agenda, rather than offer clear compliance targets businesses can operate under.

What we have is claptrap waste of time assholery in all levels of government, tax laws and finance laws.

I do not make 1,000,000 a year mining ⛏️

Most years I make under 50,000 a year.

My USA federal return has been over 100 pages  for 2019, 2020, 2021 have yet to file the 2022 return it is on extension. It will be over 100 pages.

If  you report accurately the requirements are fucking nuts.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation