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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368906 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
JayJuanGee
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May 21, 2023, 09:54:12 PM
Last edit: May 21, 2023, 10:29:07 PM by JayJuanGee
Merited by Hueristic (1)

Tether is About to Start Buying Up Bitcoin With Up to 15% of Its Net Profits

Tether, the creator of USDT, is starting to purchase Bitcoin with a whopping 15% of its net realized operating profits starting this month.
https://twitter.com/Tether_to/status/1658805845340180480?s=20
Tether has long been an important supporter of Bitcoin though the effect was mostly indirect. USDT is the largest USD stablecoin by market capitalization and traders often use it to trade…
Riddle me this, if they were always such great supporters then why only now are they putting such a measly amount of profits in?

Another tether hater.. .  talkin bout you, Willis.. i mean Hueristic....


go figure.


 Cheesy Cheesy Cheesy Cheesy

Does bitcoin touch upon those things or not?  That's up to you to figure out and to figure out how much you believe that it might be worthy of your time, energies and value to be figuring out more about bitcoin or if you might believe that your time, energies and value might be directed towards some other endeavor(s) that you believe to be more important.. hopefully for your own sake (and well being) you do not choose some dumbass shitcoin to direct your energies.. hahahaha

Bitcoin is gradually building relationships with different parts of society. We see that some American politicians participating in the presidential campaign that has begun are actively using bitcoin not only as a way to receive donations, but also as one of the key arguments of the campaign. At the same time, private initiatives in El Salvador, with the development of bitcoin clusters, are also developing the economy and ecology of their small towns. It is difficult to say where the boundaries of this process are. But of course, it is interesting to continue to explore the possibilities and prospects.

Fair enough.. and if you are comparing a fucked up money to a good money, are you going to make some choices in regards to which one you are going to spend first and which one you might save up?

Oh, the fact that bitcoin has many advantages over fiat money is clear even with a fairly superficial study of the issue. An independent and not controlled monetary system that cannot be canceled or frozen at the snap of someone's fingers is a much more reliable safety of savings than much else.

So your response shows that you can appreciate the value of bitcoin, and so therefore, you merely have to figure out your own personal allocation, and perhaps how you might build towards reaching and/or maintaining your personal allocation.. while likely if you are paying attention, then you will continue to attempt to learn along the way and decide the extent to which you might have to tweak various aspects of your BTC accumulation and/or maintenance if you believe that there might be significant and/or meaningful changes in the information that might justify a need for you to believe that you need to adjust your approach.

Oh, the fact that bitcoin has many advantages over fiat money is clear even with a fairly superficial study of the issue. An independent and not controlled monetary system that cannot be canceled or frozen at the snap of someone's fingers is a much more reliable safety of savings than much else.
are you sure that Bitcoin is better than regular money? issue is that the value of Bitcoin can change a lot, which makes it risky for saving money. And Bitcoin isn't controlled by any government, which means it's harder to regulate and protect against illegal activities. there are also technical risks with Bitcoin's technology, like the possibility of security problems or difficulties in how it operates.  Roll Eyes Roll Eyes Lips sealed

Oh gosh, another nocoiner (or low coiner) know it all.

In udder words, uie pooie (referring to you yslyv) seem to be pointing out considerations regarding how much to allocate to bitcoin rather than whether to have any allocation to bitcoin.

If you believe that these are all or nothing kinds of propositions that bitcoiners are weighing, then you likely are having some difficulties in understanding various aspects in which bitcoin may well be part of a potentially peaceful wealth transferring mechanism that is greater than any previous one that has been seen to date.

Do you happen to know what is dee cornz, or are you so in love with the dollar that you cannot recognize that it has "issues" (best case characterization).

Accordingly if you have not gotten off of zero in terms of dee cornz (corn exposure), then you may well find your lil selfie chasing the train because you are too much blinded by your love of the currently widely-accepted melting icecube that continues to still value from an overwhelming number of normies without their realizing that dee cornz could well end up being part of their lifeboat that could end up saving them.. if they were to see it for what it is, and they do not have to even allocate their whole life (finances, time and/or psychology) to it in order to potentially be advantaged by its ability to contribute towards saving them or to other no coiner and low coiner normies out there in the world... which constitute an overwhelming majority of the world's population who have not yet figured out... these kinds of matters of assessing the value of my lil precious.... and perhaps even more than 99% of the world's population seem to have not gotten the my lil precious memo, so it's still early days when it comes to corn accumulation if you might want to pick up some cornz in case it catches on.

#justsaying.

[edited out]
I appreciate your perspective, but I still have concerns about the overall superiority of Bitcoin over regular money. While I understand that there are risks associated with fiat money, such as inflation or the potential for government control, I believe that Bitcoin carries its own set of risks.

Ultimately, both Bitcoin and regular money have their pros and cons. It's important to carefully evaluate the risks and benefits associated with each and make informed decisions based on individual circumstances and goals.

For sure you convincingly appear to be lost yslyv... .Can "we" help you to find ur lil selfie?

You might need to spend a wee bit of time studying what is dee cornz.

And if you cannot figure it out, then maybe you might want to ask for some help.

At least you have found this forum (and this thread), so you are in a good place to start to learn about what is dee cornz.. and maybe you might want to ask some questions to some of the bitcoiners (or the longer term members here) who might be willing to help you out if you get off of your dumb ass high horse that is making vague-ass proclamations that there are plusses and minuses to each.. which largely just shows that you are lost rather than your seemingly wanting to appear as if you might objectively know something valuable that relates to the topic of this thread.
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May 21, 2023, 10:01:18 PM


Explanation
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JayJuanGee
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May 21, 2023, 10:31:09 PM
Merited by AlcoHoDL (1)

The next state orchestrated “Plandemic” is going to be a “Crypto Contagion”.
• There is going to be financial turmoil
• They will wrongly blame #Bitcoin   
• They will block on/off ramps
• They will prosecute crypto companies
• They will threaten public advocacy
• They will hunt you down for KYC/AML
• They will force CBDCs on you
• They will rationalize universal income
• They will inevitably print trillions
• Bitcoin will emerge as digital gold

If you can HODL through this you WIN
https://twitter.com/TheBTCTherapist/status/1660290161224171520?t=xoithVAZX7b2acAvO50UZA&s=19

HODL.. .

continue to interact (and possibly build and share and don't be scared away from the truth..math and your rights to communicate and to transact value and to exercise various kinds of personal sovereignty that is not interfering with the rights of others.. to the extent that there are not lies being spread about your right to be individually sovereign)

Continue to laugh at how dumb they** are.. continue to counter spread good information and meet people in the real world and to orange pill real people who might also figure out the several desperate attempts to battle my lil precious, the people and the truth.

**referring to the bitcoin naysayers, the shitcoin pumpers and other folks/institutions who may well fall into these kinds of categories

and yeah, there may be some needs to either fight back or to engage in some of the battles to the extent that some of us might become targets of their various attempts to divide and conquer and ongoingly spread bullshit and try to cut off communication channels, too.. 




For sure one of the problems with the Ledger updating their firmware situation (and the various communications that the company made around that update) is that a lot of people who had been using their ledger devices had thought that they were actually holding their own private keys and that the "secure element" contained within the Ledger device was not permitting the keys to be removed (or potentially removed) from their Ledger device(s) without the permission of the user (owner of the device).

But then along with their latest firmware update Ledger proclaimed(or maybe admitted against their own interest) that people using their devices had not realized that their private keys were not as "private" and controlled by their lil selfies (being their own bank) as they had presumed those private keys to have had been when they were being kept on such devices that had been being sold to a variety of bitcoin users for years and years (and crypto/shitcoin users too).

For sure it is a pretty BIG blow to anyone understanding the significance of the issue and the fact that some of these vulnerable points of the involvement of third parties is not as secure as we might have thought them to be including the fact that we might have ended up getting ourselves into a situation in which we thought that we were the only one who knew our private keys.. and then years and years and years later, we end up getting rug pulled (or even frozen out) of our life savings or however much value we might have put on such device(s) with that problem or similar problems.. and the secrecy of the secure element seems to be a pretty BIG problematic area that seems to be by definition closed from normies knowing how it works, exactly.
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May 21, 2023, 10:34:44 PM

It looks to me like the current danger is still the head and shoulders pattern that would take the price down 30% to $20,000.  Will it happen?  I wouldn't consider it more likely that a breakout upward, but we are still trapped in this consolidation range from $26K to $30K that we've been in for over 2 months now.  Lately we have been pressing against the bottom of that range, and falling through likely would mean completing the head and shoulders pattern.  So if you're a leveraged trader, I wouldn't get too far from that sell button.  If we drop below $26K it could get ugly fast.
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May 21, 2023, 11:00:20 PM

It looks to me like the current danger is still the head and shoulders pattern that would take the price down 30% to $20,000.  Will it happen?  I wouldn't consider it more likely that a breakout upward, but we are still trapped in this consolidation range from $26K to $30K that we've been in for over 2 months now.  Lately we have been pressing against the bottom of that range, and falling through likely would mean completing the head and shoulders pattern.  So if you're a leveraged trader, I wouldn't get too far from that sell button.  If we drop below $26K it could get ugly fast.

Just put in a 14,15,16,17,18,19,20,21,22,23  ladder and do not look for a month.

whether it is

 10 x 100 = 1,000 usd buy
 10 x 200 = 2,000 usd buy

or even a

10 x 1000 = 10,000 usd buy

you are good to go. And no worries.
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May 21, 2023, 11:01:18 PM


Explanation
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May 21, 2023, 11:23:46 PM

buddy be rallying on the far outside. philipma1957 is staggering a bit an may give up his lead.
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May 21, 2023, 11:50:37 PM

...




For sure one of the problems with the Ledger updating their firmware situation (and the various communications that the company made around that update) is that a lot of people who had been using their ledger devices had thought that they were actually holding their own private keys and that the "secure element" contained within the Ledger device was not permitting the keys to be removed (or potentially removed) from their Ledger device(s) without the permission of the user (owner of the device).

But then along with their latest firmware update Ledger proclaimed(or maybe admitted against their own interest) that people using their devices had not realized that their private keys were not as "private" and controlled by their lil selfies (being their own bank) as they had presumed those private keys to have had been when they were being kept on such devices that had been being sold to a variety of bitcoin users for years and years (and crypto/shitcoin users too).

For sure it is a pretty BIG blow to anyone understanding the significance of the issue and the fact that some of these vulnerable points of the involvement of third parties is not as secure as we might have thought them to be including the fact that we might have ended up getting ourselves into a situation in which we thought that we were the only one who knew our private keys.. and then years and years and years later, we end up getting rug pulled (or even frozen out) of our life savings or however much value we might have put on such device(s) with that problem or similar problems.. and the secrecy of the secure element seems to be a pretty BIG problematic area that seems to be by definition closed from normies knowing how it works, exactly.

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May 22, 2023, 12:01:23 AM


Explanation
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May 22, 2023, 12:48:40 AM
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Starting tomorrow, I plan to get back to the gym; I might even spend the entire day there.


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May 22, 2023, 12:52:00 AM
Last edit: May 22, 2023, 01:07:48 AM by BitcoinBunny
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O/T

Fast X (2023)

Awesome crazy fun. Jason Momoa is a great villain.
Switch off your brain and enjoy ridiculous stunts and ideas trying to make you believe you can save the world by driving a car.
Watching some of the B reel footage on YouTube makes you really appreciate the effort of all the practical effects and stunts.

Far, far better and far more satisfying than anything coming out of the exhausted CGI woke Disney conveyer belts. Disney = where franchises go to die.

8/10

Good stuff after a bit of a meh part 9.
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May 22, 2023, 12:53:54 AM
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Starting tomorrow, I plan to get back to the gym; I might even spend the entire day there.




Start eating a healthy diet to complement your "exercise plan".

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May 22, 2023, 12:56:41 AM

Starting tomorrow, I plan to get back to the gym; I might even spend the entire day there.




If that were part of the daily gym experience I would look like Dwayne Johnson.
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May 22, 2023, 01:01:19 AM


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May 22, 2023, 01:19:00 AM

Starting tomorrow, I plan to get back to the gym; I might even spend the entire day there.




Start eating a healthy diet to complement your "exercise plan".



 Well I'd hate to spoil the main course.
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May 22, 2023, 01:22:10 AM

Starting tomorrow, I plan to get back to the gym; I might even spend the entire day there.




If that were part of the daily gym experience I would look like Dwayne Johnson.

 You mean that shit-eating grin he's always sporting?
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May 22, 2023, 01:26:34 AM

Starting tomorrow, I plan to get back to the gym; I might even spend the entire day there.




Start eating a healthy diet to complement your "exercise plan".



 Well I'd hate to spoil the main course.


This main course?

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May 22, 2023, 02:01:19 AM


Explanation
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May 22, 2023, 02:58:28 AM

Buddy take a nap 😴 I am.
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Explanation
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