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

[HI-TEC99]

<… lots of words about job x and job y….>

Good lord!
Youie-pooie actually have a job on top of posting boatloads of text here??!
When do you ever sleep?

Maybe he works in an office like this guy.

[sirazimuth]

[OutOfMemory]

Regardless, we're pretty much all fucked, we just don't realize (yet).
https://www.theguardian.com/environment/2023/apr/26/accelerating-ocean-warming-earth-temperatures-climate-crisis
Look at the curves. It's probably nothing.

climate, corona, Ukraine, climate

gotta keep John Doe's mind busy by constantly pushing those crises while stripping him of his freedoms and his money

I take all these "crisis" narratives with a grain of salt to say the least

Fuck all the crises. It's just a mainstream term, a label. I'm sick of it, too.
"Crisis" is implying that it's possible to solve the situation.
But this is something different. Look at the charts. You know how to read charts, don't you?

Finally covid caught me. Along with me and my dad, who had to be hospitalized because of the severe cough, but without any other complications. We both have 2 vaccines and that definitely contributed to the relatively mild passing of the disease. Unfortunately, dad's other problems, which are cardiac and neurological, cannot be solved in our city.  I hope that soon Bitcoin will increase more so I can buy a house in the city, where I already work and where there are good clinics. But at this stage I can't part with a large chunk of my stash for such a super low price.

Sad to hear. I hope all goes well, bro.
I watched my dad slowly dying in an ICU (not Covid), i wouldn't want you to experience this, too.
Carpe diem.

EDIT: Would you sell if you had to (save your father's life)? Honest question. I think i would.
EDIT2: I wasn't asking to read an answer, but for asking this yourself.

[ChartBuddy]

Explanation

[sirazimuth]

<snip plagiarism>

reported for plagiarism
https://twitter.com/MemeingBitcoin/status/1650966036965933058

Bitcoin price action similarities between 2019 and 2023

The conclusion <snipped even more plagiarism>

reported for plagiarism
https://www.binance.com/en/feed/post/455188

[OutOfMemory]

Here's a better visualization of the data:

https://climatereanalyzer.org/clim/sst_daily/

Mouseover year/date and highlited lines.

Man made global warming? I don't know.
But certainly global warming, and it's gaining momentum.

#GN
#HODL
#30K

[ChartBuddy]

Explanation

[Gachapin]

Here's a better visualization of the data:

https://climatereanalyzer.org/clim/sst_daily/

Mouseover year/date and highlited lines.

Man made global warming? I don't know.
But certainly global warming, and it's gaining momentum.

How do a retard like me knows if the raw data, the synopses and the calculations are even correct.  Science is so fucked up nowadays.  
Going by its name this institute makes the impression of having a financial incentive to get a kind of climate hysteria going for its own funding.

But anyways, I actually don't even fear earth getting warmer.  It will cause CO2 to rise and this will increase plant life.  We had hotter temps 1000 years ago, at least in Europe.

But all that is totally not the point.  I think everyone is free to fear whatever he wants.  Be it Corona, Climate or whatever "crisis" or fear porn gets pushed onto society.

I just don't wanna join every time.  I don't have to take part in every "crisis" or whatever you wanna call it.  Life is short and I'm not going to waste it being constantly scared or worried about frightening future stories.

It's not good for your health.  And especially, if you have children, fear and worry is the last thing you should teach them.


But hey, anyone feel free to fear any "crisis"...   I will be watching what crisis is next on the program.  And if I need some thrill that time, I might join again for the next "current thing"...  

[Gachapin]

<… lots of words about job x and job y….>

Good lord!
Youie-pooie actually have a job on top of posting boatloads of text here??!
When do you ever sleep?

Maybe he works in an office like this guy.

great movie....

Peter Kills Interview with Bobs - Office Space (1999)
https://www.youtube.com/watch?v=j_1lIFRdnhA

result:
https://youtu.be/zqjQDP9KX6E?t=58

[JayJuanGee]

Will be needing these soon

What is that?

A moonboot for ants?

In udder wurds, "where's dee feets?"

I can tell you from direct experience, the first thing about retiring or ending a career that you have to contend with is a loss of identity.

After many decades, a career and a title defines you to both yourself and the people around you. When you retire, you move from "I am an X" to "I was an X". So who am I now? _{(Of course it doesn't help that your friends and family will treat you differently, treat you like a bum because you are not slaving away at a job anymore like they still are. But that's a different story.)}

You are, of course, the same person you were before all the career stuff even began, you just have lost that sense of self.

What helps to make the transition easier is to think of yourself in terms verbs instead of nouns. You are not a title, you are a person who does interesting stuff throughout your life. Instead of "I was a Sr. Project Manager, and now I'm a nothing" you say to yourself "I did project management for a while. Now I do [insert whatever interests or hobbies you have here]."

wut? seriously?

ones identity is tied to work?? 
NO NO NO NO

i always had a life (identity) very separate from work. i didnt socialize with coworkers off work.. well mostly.

im serious. get your real life started.

just retire. period.

You are too logical.   

Snap out of it, vapourminer!!!!!



The real world no doesn't work like dat.

[ChartBuddy]

Explanation

[Negotiation]

#HODL
#30K

Yeah @OutOfMemory #HODLing 

[OgNasty]

Lots of volatility in the Bitcoin market this week. Seems like people are a bit at odds with each other over whether or not the market is going to continue rising. This is probably a good thing as too much bullishness usually leads to ugly corrections. The traders are having their moment the last week or two it seems. Lots of back and forth to profit from.

[sirazimuth]

How do a retard like me knows if the raw data, the synopses and the calculations are even correct.

dyor and check your sources. I don't need to tell you the internet is like ...oh idk,  75 percent nonsense?
Having said that, there is also a huge swath of really good info out there. You just gotta sort the wheat from the chaff if you will.

Science is so fucked up nowadays. 

Well REAL science is not fucked up and never has been. (emphasis on real)

Going by its name this institute makes the impression of having a financial incentive to get a kind of climate hysteria going for its own funding.

going by its name?  ok, maybe it does with you. It makes no difference to me. But thats just me. You do you.

But anyways, I actually don't even fear earth getting warmer.  It will cause CO2 to rise and this will increase plant life.  We had hotter temps 1000 years ago, at least in Europe.

Oh man....Well I'm not gonna get into a climate debate on this here famous thread because I know it won't end well. And that's not what I do anyway. And I'm not an expert on the subject.
All I will tell you is the last place I go to research and get opinions on real science is bitcointalk.org. (Or most anything ftm, except bitcoin chit-chat). Hopefully you do the same ...nuff said.

[Gachapin]

How do a retard like me knows if the raw data, the synopses and the calculations are even correct.

dyor and check your sources. I don't need to tell you the internet is like ...oh idk,  75 percent nonsense?
Having said that, there is also a huge swath of really good info out there. You just gotta sort the wheat from the chaff if you will.

Science is so fucked up nowadays.  

Well REAL science is not fucked up and never has been. (emphasis on real)

Going by its name this institute makes the impression of having a financial incentive to get a kind of climate hysteria going for its own funding.

going by its name?  ok, maybe it does with you. It makes no difference to me. But thats just me. You do you.

But anyways, I actually don't even fear earth getting warmer.  It will cause CO2 to rise and this will increase plant life.  We had hotter temps 1000 years ago, at least in Europe.

Oh man....Well I'm not gonna get into a climate debate on this here famous thread because I know it won't end well. And that's not what I do anyway. And I'm not an expert on the subject.
All I will tell you is the last place I go to research and get opinions on real science is bitcointalk.org. (Or most anything ftm, except bitcoin chit-chat). Hopefully you do the same ...nuff said.

as I wrote "all that is totally not the point".  But of course feel free to focus solely on that part of my post and cut out the rest...

[sirazimuth]

....
as I wrote "all that is totally not the point".  ....

Then why post it bro?

[JayJuanGee]

Haven't seen the 4th bear market report (22 pages) by Tuur Demeester shared yet. Worth a read since the previous three reports (2012, 2015, 2019) turned out to be quite prophetic. One conclusion is we are currently in the accumulation phase (price range $22k-$42k) until a new multi-year bull market pushes it well north of $120,000. IMHO it won't take long before all coins in the twenties are permanently sold and we are firmly back into the thirties. Time to HODL, sit back, and enjoy the ride.
https://global-uploads.webflow.com/64146a6197229d65fe665d88/6447db3b49378e26a7154596_position-bitcoin-boom-adamant.pdf
Another conclusion is dollar-cost-averaging sucks vs. lump sum, something the royal we already concluded on the WO.

For those in a hurry the first page with the conclusions:

Thanks for adding this to WO, I really enjoyed reading this and there was definite moments throughout the report where a bit of self congratulation was going on

I didn’t quite get the same feeling in dca’ing Vs lump sum, the topics more stated here are two ways and here is the differences like lump requires more emotional temperament than dca.

JJG the author writes similar to some of your points with probability assignment, while subjective it resonated nonetheless.
Thanks ++ merits

Oh?  Thanks for pointing out that portfolio management section of the article, and the various ways that the author (Tuur Demeester) outlines considering attempts to justify both risks and reasons for choosing bitcoin allocation levels.  He does really flesh out a lot of those kinds of considerations and also he leads off by fleshing out the investment thesis for bitcoin.. and largely proclaiming a stronger fuck shitcoins stance - even though he did not use those exact words, including that the investment thesis for bitcoin is getting stronger and stronger.. and surely unlike @bitebits summary - he did not not proclaim lump sum investing to be superior to the employment of a DCA strategy - though of course, he gives some rationale for each of those strategies and also pointing out that a combination of both may well be individually suitable... including describing some possible tradeoffs that may well come from a variety of levels of investment aggressiveness.....including higher levels of initial allocation than I am wiling to recommend with his up to 50% "early retirement" bet that tends to be more than what I would want to suggest on a general audience approach.. since I leave my own general audience starting out much broader, but still lower with a 1% to 25% range for starting considerations.. and surely he had pointed out that it is likely better that no matter which strategy(ies) that we might end up choosing to employ that we are keeping in mind bitcoin as valuable asset in the long term (and likely increasingly uncorrelated in the long run, even though in correlation and even liquidation risks in the short run.. that likely adds to bitcoin's ongoing likely inevitable short-term volatility).

[Gachapin]

....
as I wrote "all that is totally not the point".  But of course feel free to focus solely on that part of my post and cut out the rest...

Then why post it bro?

I felt the responsibility to respond to OutOfMemory's graphic, as it seemed the most important part to him.
After that I added what I find the most important thing with regards to the topic.

I think trying to answer to aspects that are most important for your dialogue partner is necessary for a cordial conversation. Don't you think?

[JayJuanGee]

Finally covid caught me. Along with me and my dad, who had to be hospitalized because of the severe cough, but without any other complications. We both have 2 vaccines and that definitely contributed to the relatively mild passing of the disease. Unfortunately, dad's other problems, which are cardiac and neurological, cannot be solved in our city.  I hope that soon Bitcoin will increase more so I can buy a house in the city, where I already work and where there are good clinics. But at this stage I can't part with a large chunk of my stash for such a super low price.

Well.. sorry about your father's health situation and that it might end up drawing you towards cashing out more of your cornz at likely a lower price than what would be preferred.. but surely life does some times get in the way.. in terms of sometimes difficulties to maintain investments for longer terms when shorter-term needs sometimes will compel spending and/or cashing out of cornz for likely inferior investments (possibly forced into housing as an investment.. when maybe other sources of funding might not be securable.. perhaps?  only you can know your specifics.)... 

Finally covid caught me. Along with me and my dad, who had to be hospitalized because of the severe cough, but without any other complications. We both have 2 vaccines and that definitely contributed to the relatively mild passing of the disease. Unfortunately, dad's other problems, which are cardiac and neurological, cannot be solved in our city.  I hope that soon Bitcoin will increase more so I can buy a house in the city, where I already work and where there are good clinics. But at this stage I can't part with a large chunk of my stash for such a super low price.

How would you know that without any "control group"?  Also, I wouldn't call being hospitalized relatively mild... but that's just me

Hopefully your dad gets better soon!  Good health is the most important in life.

For sure there is increasing evidence that the vaccinne may well have hurt some people rather than helping them... so not easy to know some of the cause and effect matters when science and even facts and even logic seems to be in an ongoing kind of an attack status.. I am not going to proclaim to know.. except to be sceptical in regards to whether those specific vaccines were helpful, even though other kinds of vaccines may well have been traditionally helpful, these covid vaccines seem to be of a different nature.. and even not well tested, except upon humans as guinea pigs and without even being clear about whether there are objective attempts to really assess the extent of the various side effects..and for sure when we hear about children getting these vaccines, we know that the whole thing is problematic, if not total bullshit.

<… lots of words about job x and job y….>

Good lord!
Youie-pooie actually have a job on top of posting boatloads of text here??!
When do you ever sleep?

No... I don't have nuttin..

I don't eat, sleep or exercise..

poor widdo me.

 


it really sucks to be me.

[ChartBuddy]

Explanation