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

[coolcoinz]

fed did 0.25 and btc is fairly flat

It already did much of it's falling before the FED started doing anything. If we take into account that the rate increases begun in March 2022 and at that time BTC was down 30%, the lack of reaction after another rate hike is pretty normal.

There's a theory that markets make their moves long before the FED, anticipating its moves and this is indicated by the S&P more than it is by bitcoin which is more decentralized and decoupled from stocks. S&P went down on May 2 and remained flat, even recovering a bit. What did bitcoin do? It went down a bit on May 1, as those who were more scared of the FED made their moves and that was it. Once again it shows a number of things. Bitcoin is resilient and global. The FED is more local. All it does is make waves, but the farther from the US the weaker the waves are. People in Venezuela or Russia don't care what FED rates are. They have their own problems.  

[1713550213]

1713550213

[Biodom]

My DCA buy, originally scheduled for monday, got delayed for tuesday, when it slipped into the little $28k dip. Nice.

Hm?

Don't you gots ur lil selfie a lots of cornz by now?

By the way, I will admit that in some sense, I can relate to what you are describing, especially since sometimes, I will create tokenly small orders, just for funzies, and I will get a wee bit worked up regarding whether and/or how such order(s) fill.. and whether there was a lot of good/bad luck involved in the way that BTC prices ended up moving, even though in the whole scheme of things, the order(s) hardly even affected my "stack" in any kind of significant or meaningful way.

Lucky you  
I still keep adding, even small amounts, and i probably won't stop. I don't have a reason to stop. In the end, most of the stack is desinted to be a heritage for my kids.

Apart from kids being your kin, how do you know now (assuming that your kids are still very young) that they are or will be worthy of such inheritance?
Actually, a serious question and I have been grappling with this one for a while.
Alternatives: extended family (if worthy), charities of your choosing, etc, etc.

[xhomerx10]

RIP Gordon Lightfoot.
 One of the best.
 A Legendary Canadian Folk/Rock Musician

 He has many great songs but this one is my fave: If You Could Read My Mind


 He passed away May1st and I meant to post it then but I... shaky old man syndrome I guess.

[Richy_T]

What you use today, as Internet, was invented in CERN. Error 404 - not found, is actually inherited from CERN days of the Internet. Room number 404 in CERN was the place where all unsorted documents were directed to. So, please stop posting nonsense about Al Gore!

That may be an urban legend

https://queenofsubtle.com/404/?page_id=1921

[Richy_T]

Apart from kids being your kin, how do you know now (assuming that your kids are still very young) that they are or will be worthy of such inheritance?
Actually, a serious question and I have been grappling with this one for a while.
Alternatives: extended family (if worthy), charities of your choosing, etc, etc.

They are your kids. Do you have children?

The more pertinent question is whether it will actually advantage them and whether they are equipped to handle it.

[Biodom]

Apart from kids being your kin, how do you know now (assuming that your kids are still very young) that they are or will be worthy of such inheritance?
Actually, a serious question and I have been grappling with this one for a while.
Alternatives: extended family (if worthy), charities of your choosing, etc, etc.

They are your kids. Do you have children?

The more pertinent question is whether it will actually advantage them and whether they are equipped to handle it.

Exactly (and I do, more than one)...re the second part of your question..you should know what your kids can or cannot do, imho.
In some cases dropping a large or small inheritance on some immature person can result in the effect that would be the opposite of what you expected.

OT: That said, Tucker's mom gave him only $1. Did that help or hurt, I wonder?

[OutOfMemory]

My DCA buy, originally scheduled for monday, got delayed for tuesday, when it slipped into the little $28k dip. Nice.

Hm?

Don't you gots ur lil selfie a lots of cornz by now?

By the way, I will admit that in some sense, I can relate to what you are describing, especially since sometimes, I will create tokenly small orders, just for funzies, and I will get a wee bit worked up regarding whether and/or how such order(s) fill.. and whether there was a lot of good/bad luck involved in the way that BTC prices ended up moving, even though in the whole scheme of things, the order(s) hardly even affected my "stack" in any kind of significant or meaningful way.

Lucky you  
I still keep adding, even small amounts, and i probably won't stop. I don't have a reason to stop. In the end, most of the stack is desinted to be a heritage for my kids.

Apart from kids being your kin, how do you know now (assuming that your kids are still very young) that they are or will be worthy of such inheritance?
Actually, a serious question and I have been grappling with this one for a while.
Alternatives: extended family (if worthy), charities of your choosing, etc, etc.

You might be surprised, but i don't care that much. The good point is that it can be evenly divided and easily distributed.

Apart from kids being your kin, how do you know now (assuming that your kids are still very young) that they are or will be worthy of such inheritance?
Actually, a serious question and I have been grappling with this one for a while.
Alternatives: extended family (if worthy), charities of your choosing, etc, etc.

They are your kids. Do you have children?

The more pertinent question is whether it will actually advantage them and whether they are equipped to handle it.

I'm fine with any serious question  
I am teaching them already. In small doses.

EDIT: After reading Biodom's response to Richy: I won't let them know that i have Bitcoin destined for them. Only one knows that i own some, and he doesn't know how many. If i die before they are all adult, my wife will split the stack and manage when they should receive their seedword lists, each with a hand written advice from me.
There are also special events, for example one of the kids wanted to start a business or move to a different place of the world, we would hand out the seed word list(s) for good will. There's more to life than money 

[ChartBuddy]

Explanation

[xhomerx10]

screencap from: https://observablehq.com/@mbostock/bank-failures

[Gachapin]

...

Exactly....

let me guess... it wasn't you who created this meme...

https://twitter.com/Hodlcat21/status/1651669689611763712

Perfect! Lol

reported for plagiarism

https://twitter.com/elonmusk/status/1652709146389561344

It seems the only way to get rid of these spamming farmer accounts

I am pretty sure that forum admins will not tend to consider images as plagiarism - even when no source has been provided - of course, when there is substantive written content contained within the image, then it might come off a bit more ambiguous regarding who was the creator of the idea(s) and whether proper sources had been cited.. . but still I doubt that forum admins are going to presume that the poster (even if a newbie merit farmer) is misleading other members regarding who created the image (even with written content contained therein).. ...  

...

mprep says plagiarism doesn't apply to images here.

Thank you all for your answers, I think the discussion of this issue has been exhausted. / Below is the answer by mprep (Global Moderator).

33. Posting plagiarized content is not allowed.[e] - Does this rule apply to images?

AFAIK no, it doesn't apply to images.

Thank you, can I quote you?

Feel free.

Thanks for pointing that out..

Also thanks to JJG for pointing out the kind of grey area of pics with text embedded.
Coincidentally, I didn't report the cat meme, only the second one with the longer text in it.  

Actually I hate doing stuff like that..  but the recent wave of twitter copypasta "pushed me over the edge"...

[El duderino_]

My DCA buy, originally scheduled for monday, got delayed for tuesday, when it slipped into the little $28k dip. Nice.

Hm?

Don't you gots ur lil selfie a lots of cornz by now?

By the way, I will admit that in some sense, I can relate to what you are describing, especially since sometimes, I will create tokenly small orders, just for funzies, and I will get a wee bit worked up regarding whether and/or how such order(s) fill.. and whether there was a lot of good/bad luck involved in the way that BTC prices ended up moving, even though in the whole scheme of things, the order(s) hardly even affected my "stack" in any kind of significant or meaningful way.

Lucky you  
I still keep adding, even small amounts, and i probably won't stop. I don't have a reason to stop. In the end, most of the stack is desinted to be a heritage for my kids.

This is the way. 

I think it's smart to be stacking now even if we do see a drop.  I think the odds of BTC being higher in a year or two is a fairly attractive risk reward scenario.  It's always great when a DCA hits after a drop even if it doesn't make a difference in your stack. 

I am impressed with how Bitcoin has managed to hold up so far as we get closer and closer to a major recession.  I'm seeing prices going nuts at my grocery store.  This can't continue.  It reminds me too much of 2007.  I feel like I should be stocking up on everything because goods are double the price of the last time I checked on nearly everything!

If everything doubled in price then it’s highly time for BTC to step on the gas

[JimboToronto]

Sir Joseph John Thomson OM FRS[1] (18 December 1856 – 30 August 1940) was a British physicist and Nobel Laureate in Physics, credited with the discovery of the electron, the first subatomic particle to be discovered.

The British have always been major contributors.

Don't forget Isaac Newton and James Clerk Maxwell. Serious contributors.

[JimboToronto]

mprep says plagiarism doesn't apply to images here.

It may not be plagiarism but it sure as hell is spam.

[ChartBuddy]

Explanation

[d_eddie]

What you use today, as Internet, was invented in CERN. Error 404 - not found, is actually inherited from CERN days of the Internet. Room number 404 in CERN was the place where all unsorted documents were directed to.

That's the http protocol. The Internet predates http by decades.

So, please stop posting nonsense about Al Gore!

You don't parse sarcasm do you? There were no macbooks in the 60s. The nonsense about Al Gore was spread by... guess who? Al Gore. Kind of like CSW with bitcoin, but it was even easier to falsify. What a dork.

[ChartBuddy]

Explanation

[HI-TEC99]

mprep says plagiarism doesn't apply to images here.

It may not be plagiarism but it sure as hell is spam.

We can report obvious spam.

Special Wall Observer rules: bitcointalk.org moderators do not moderate the Wall Observer thread for multi-posting (except obvious spam), trolling, or on-topicness. Do not use this form to report those violations; instead, contact the thread owner. Reports of other rule violations are OK here.

Even our "special rules" have limits to what they allow.

[HI-TEC99]

$29k (again).

[philipma1957]

RIP Gordon Lightfoot.
 One of the best.
 A Legendary Canadian Folk/Rock Musician

 He has many great songs but this one is my fave: If You Could Read My Mind


 He passed away May1st and I meant to post it then but I... shaky old man syndrome I guess.

As a sailer in USN "THE wreck of the Edmund Fitzgerald"


https://www.youtube.com/watch?v=9vST6hVRj2A

always held it dear to my heart.

[xyzzy099]

So, please stop posting nonsense about Al Gore!

You don't parse sarcasm do you? There were no macbooks in the 60s. The nonsense about Al Gore was spread by... guess who? Al Gore. Kind of like CSW with bitcoin, but it was even easier to falsify. What a dork.

Rumor has it that Al Gore not only invented the internet, he actually invented most of computer science as we know it.  That's why they call computational methods "Al-Gore-ithms"