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

[Biodom]

mmh you didn't get it...?
It wasn't a call for anybody other than for you to recognize that you sound like a shitcoiner...  ..idk maybe you are one..

hey, buddy, being a shitcoiner is better than to be a person that constantly gets into quarrels about nothing.
I came to a realization that it's beneath me to discuss this matter any further.

[1715422569]

1715422569

[1715422569]

1715422569

[OutOfMemory]

Hello guys I am new to bitcoin forum. Can I post bitcoin related posts on this board? If your answer is no. Then what can I do to get permission to post?

You don't need permission to post.  

Tell us how you got into bitcoin and tell us your bitcoin story 😉 also what is your motivation for posting here?

maybe you're straining a farmer here...

with "bitcoin related posts" he probably means twitter copies

Maybe probably yes, maybe probably no.

Opinions are not facts

EDIT: I understand that Newbies are mostly farmers, lately. But judging every Noob as such is clearly a prejudice.
I appreciate BitcoinPsycho's helpful and encouraging reply, we'll see if this one is a serious member.
Remember, we were all newbies here before.

Yes. Have your judgement. That's fine.

But I doubt that a "normal" newb would register for 5 different bounty campaigns before even making a single post...
https://bitcointalk.org/index.php?action=profile;u=3549760;sa=showPosts

Didn't have that information, thanks.

[ChartBuddy]

Explanation

[Richy_T]

mmh.. looks a bit like 26xxx next and rebound at 25xxx.... 

All in all, I feel this cool-down after the recent rally is a good thing

You call that a rally? We crawled up from 27k, diddled around at 30k and here we are back again.

[Gachapin]

mmh.. looks a bit like 26xxx next and rebound at 25xxx....  

All in all, I feel this cool-down after the recent rally is a good thing

You call that a rally? We crawled up from 27k, diddled around at 30k and here we are back again.

I meant the run up from 16xxx...

But you are right the word "rally" seems a bit over the top even in that case... especially when you compare it to the huge parabolic runs to the ATH of every cycle

[ChartBuddy]

Explanation

[Biodom]

Some Texas RE company made a deal with Coinbase to sell RE directly for bitcoin:

https://www.dallasnews.com/business/real-estate/2023/04/20/500k-or-175-bitcoin-texas-startup-lets-people-buy-real-estate-with-cryptocurrency/

That said, here is some Houston RE pron for you:

https://www.zillow.com/homedetails/306-Longwoods-Ln-Houston-TX-77024/27982330_zpid/    

or

https://www.zillow.com/homedetails/27-Mott-Ln-Houston-TX-77024/28238252_zpid/

[Gachapin]

mmh you didn't get it...?
It wasn't a call for anybody other than for you to recognize that you sound like a shitcoiner...  ..idk maybe you are one..

hey, buddy, being a shitcoiner is better than to be a person that constantly gets into quarrels about nothing.
I came to a realization that it's beneath me to discuss this matter any further.

yes it's beneath you... you are too good for this...  


Nevertheless I wish you a nice day

[ChartBuddy]

Explanation

[LDL]

A whale with 1,128 $BTC($31.6M) that has been dormant for 10 years transferred 279 $BTC($7.8M) to 3 new addresses just now.

The whale received 1,128 $BTC in October 2012 and May 2013, when prices were $12 and $195.

https://bitinfocharts.com/bitcoin/address/12At4GGP8J5p4MtdjNy1SPSkqKEM1mw2FS


https://twitter.com/lookonchain/status/1649387289745977344?s=19
https://decrypt.co/137493/bitcoin-whale-moves-nearly-8m-after-10-years-inactivity

[JayJuanGee]

I think as for now Gensler stopped at shitcoins, because Bitcoin is no security.  And that is good for BTC.  
I don't know how he will act in the future.. maybe he will get pressured by "someone" to attack BTC as well... who knows ... I'll be watching

you are trusting a career long politician to do something that is "good for bitcoin"?
think again...he will change his mind when he will destroy the rest...he would find something wrong with whatever in bitcoin too, you just wait.
Actually, even now, he suppresses bitcoin by NOT allowing bitcoin ETFs, clearly a repressive move that has not a single valid reason behind it.
With such "friends", I would look over my shoulder all the time.

Yeah.. we cannot be trusting politicians - even though surely, Gachapin does not seem to have had been saying that, even if he might have said some nice things about Gensler in terms of his ability to differentiate bitcoin from shitcoins..  but still.

I do agree about having lots of skepticism about what the fuck politicians are doing.. even if they sometimes might seem to show that they understand the bitcoin versus shitcoin dichotomy... and sure, their understanding might even make them more dangerous to actually know and appreciate the power of bitcoin and to be able recognize that dollar systems cannot really stand up so much to "more sound money," and some of the craziness of the dollar shows that even some shitcoins seem to be more sound than the dollar in terms of their being less inflationary and maybe even having some limitations in terms of how far they can push their Cantillon effects when rewarding their buddies, without risking getting thrown in jail.

[edited out]

I wonder why you always put words in my mouth?  It's the second time now.
I never said I trust him...    why should I?  he seemingly was in bed with FTX

I'm talking about what he is doing with regards to shitcoins vs Bitcoin.. that's it

And apart from rejecting ETFs he has differentiated correctly between BTC and shitcoins to this date

my bags would love see an US ETF, but I doubt that he is the only one in charge for that decision..

Of course, I am not going to attempt to act like I understand all of the various kinds of bullshit that politicians play, but of course, we have to be very skeptical of politicians including that Gensler has shown quite a few weird plays, including but not limited to the approval of future ETFs.. and options or whatever the fuck the various financial vehicles that allow the ability to short BTC and also to settle in dollars.. so there do seem to be attacks upon bitcoin that are even coming out of Gensler's agency.. even though I doubt specifically that we can know exactly the role of Gensler in terms of why certain products are coming out that seem to allow for a variety of attacks on bitcoin.. and yeah, we hope that some of the shorters and even those who are settling their trades in dollars are going to get reckt as fuck, but at the same time, we likely realize that those kinds of financial products allow a kind of proliferation of paper BTC that can be difficult to reck when they sometimes seem to have infinite numbers of dollars to back them up and it is difficult for us to know who's backing them and/or what are the various games that are being played.. until they explode, which seems to have had partially happened with some of the implosions last year (Terra/Luna, Celsius, Blockfi, Voyager, FTX, Genisis - and maybe some of those banks (Silvergate, SVB, Signature) -indirectly, even though I am not sure if there were negative impacts on BTC through that - even though TPTB seemed to have had purposefully targeted and took out some of the various rails that BTC (and crypto) was using to be able to have 24/7 access to dollars or dollar derivatives?)

[ChartBuddy]

Explanation

[HI-TEC99]

...

Of course, I am not going to attempt to act like I understand all of the various kinds of bullshit that politicians play, but of course, we have to be very skeptical of politicians ...

[Volgastallion]

A whale with 1,128 $BTC($31.6M) that has been dormant for 10 years transferred 279 $BTC($7.8M) to 3 new addresses just now.

The whale received 1,128 $BTC in October 2012 and May 2013, when prices were $12 and $195.

https://bitinfocharts.com/bitcoin/address/12At4GGP8J5p4MtdjNy1SPSkqKEM1mw2FS


https://twitter.com/lookonchain/status/1649387289745977344?s=19
https://decrypt.co/137493/bitcoin-whale-moves-nearly-8m-after-10-years-inactivity

Ey man dont report my movements

What a dream to have that ammount of BTC....

Well i also think some guys in this forum maybe are whales... but we are never gonna know and its ok.

[ChartBuddy]

Explanation

[tiCeR]

Hmm yes, my analysis for the situation goes as follows.



It reminds me of the matchbox cars, so no worries guys you also had to pull them back slowly before they were going like a bat out of hell!



I can feel it! 2017/2020/21 incoming! 

[ChartBuddy]

Explanation

[JimboToronto]

Hello guys I am new to bitcoin forum. Can I post bitcoin related posts on this board? If your answer is no. Then what can I do to get permission to post?

Go ahead and post to your heart's content.  Just remember not to post anything from Twitter, especially no images taken from Twitter.

Also this is a Bitcoin forum so avoid anything to do with other "coins", NFTs or other garbage.

Welcome to the Wall Observer, where many of us have been involved with Bitcoin for many years.

As someone else suggested, why not start by telling us what first attracted you to Bitcoin? Was it the open-source code and distributed peer-to-peer network? Was it because you recognized its enormous potential to do to money what the internet did to information?

[ChartBuddy]

Explanation

[JayJuanGee]

Hello guys I am new to bitcoin forum. Can I post bitcoin related posts on this board? If your answer is no. Then what can I do to get permission to post?

No you cannot post. You do not have permission.

#justsaying

If I had gox coins returned I wouldn't sell at these shit prices. I'd wait until near the next ATH unless I needed money so badly that I had no choice but to sell.

I doubt all those coins will get dumped immediately.

It reminds me of the time when there were BTC auctions taking place in the bear market of 2014 (first silk road coins being sold) and all the media outlets were screaming FUD to prepare for the biggest dump since GOX and what happened? Nothing!
The price on auction was higher than the spot price and everybody was stunned "how come someone paid more than the price on exchange? WTF?" and people who were buying just wanted to get it in bulk, avoiding vulnerable exchanges, because at the time Chinese exchanges were shutting down, GOX went bankrupt and government auction was actually a safe choice if you wanted to spend 20 million.
Nobody goes through all that effort to just dump the coins on spot market and lose money.
More sanity people, less FUD.

hahahahahaha

Yeah.. I am pretty sure that was the Tim Draper's purchase of around 30k BTC for around $600 in mid-2014 (it was one of the first BIG Silkroad auctions and Draper had just heard about bitcoin.. more or less).. Draper paid more than the then market price (by maybe 10% or so) because he wanted to win as many of the then auctioned coins as he could, and he thought that others might be thinking about the coins similarly.. however, they did not seem to be thinking of the coins like that, since Draper won all of the coins.

And so it seemed to have had been bullish for the BTC price for about a week, and then the BTC price dropped below Draper's purchase price thereafter for about the next two years.. give or take, so many folks were saying that Draper was foolish and that he was going to sell his coins in order to cause the BTC price to drop more and so that he could buy back cheaper.. and sure you are correct, those then stories (might we call them FUD and lacking in factual and logical basis) did not hardly make any sense.

Pretty obvious the "Sell in May and go away" phenom came early to Bitcoin.

Again.

It's laughable at this point the yearly regularly of these buying/selling patterns.  

It's laughable, torquey-porkey, because such patterns seem to be in your head...

hahahahhaahhahahaha