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

[ChartBuddy]

Explanation
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[1714327922]

1714327922

[1714327922]

1714327922

[1714327922]

1714327922

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

buddy blocked for now
second haiku for Sunday
I will write another

[AlcoHoDL]

What makes a haiku?
Is it Bitcoin? Is it boobs?
Buy one, get one free.

See, if you're a man,
With a healthy Bitcoin stash,
Boobs will come to you.

They can sense corn gold.
And if you don't have a brain,
They can take it too! 

#sundayfunhaikus

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

I get a kick outta the twatter noobs who post  some roses are red, violets are blue nonsense on Sunday, not knowing what dfuk a haiku is.
There was one awhile ago but I didn't want to be a dickhead (as I usually am) and reply with some snarky comment. (as I usually do)

[JayJuanGee]

BITCOIN BULL RUN BEGINS.
Same pattern as 2014-2017

source

Yeah, but so what?

Any fool knows that those squigglies can be drawn to show that a pattern seems to be showing itself.

Also known as:  "past performance does not guarantee future results."

You need more explanation..

Oh but wait?  You haven't said shit.  you just repeated what someone else said.

Do you happen to have any ideas of your own?  Even dumb ones?


Waiting....




Waiting.....







waiting..






come on

[edited out]

So even if a miner is hardcore Bitcoiner, they won't be able to mine if power costs raises and no price increase. we have a couple of months before the halving event. We may see price hikes after the halving event. Before the event, miners still get 6.25 per block and profitability will remain the same as phill described. But, let's say the halving event split the block reward but the BTC price did not double, the profitability may split as well. The question is, how many miners will continue mining without profit? After all, everyone is looking for profit.

It's called mining death spiral.

OMG!

OH no!

Everybody panic.

I am not a miner, so it's irrelevant to me.
No need to panic. I don't think every miners are bitcoiner.

What you were saying is relevant to everyone.  You don't have to be a miner because if mining death spiral were to happen, we would all be screwed.


One thing to make many of us MOAR happier, is that we have already seen how incentives play out.


It's called the difficulty adjustment.


Have you heard of it?

Bitcoiners may continue mining even if it gets unprofitable to gather more sats for the future.

Yes, and some are going to stop, too.

I don't know if you get what I said in my previous post.

Yes.  I got it.

If some miners stop mining, it's good for other miners because they will get high fees 
Phill might agree with me.

You never know about Phil, but I imagine he already knows about the difficulty adjustment, even if he is having some problems with the shrinking mining reward and he is also having some difficulties with price following hash rate.. and maybe some other bitcoin related things..

but since he laughed at my post, I get the sense that he understands difficulty adjustment as it relates to the mining death spiral.. even though sure he might agree with you on some of the levels of what you are saying...


Why pick on phil?  This is not about phil.

 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

I get a kick outta the twatter noobs who post  some roses are red, violets are blue nonsense on Sunday, not knowing what dfuk a haiku is.
There was one awhile ago but I didn't want to be a dickhead (as I usually am) and reply with some snarky comment. (as I usually do)

da fuk haiku'ing?





makenings me feel goodie.







Like flowerening.








numero 2



Roses are reddish




violets are bluening




WO is orange

[sirazimuth]

.....
Why pick on phil?  This is not about phil.

 

Because you never pick on phil do you bruh?  (five six winking emojis)

<haikus with lots of spaces>

Hey is your space bar stuck or something?

[philipma1957]

.....
Why pick on phil?  This is not about phil.

 

Because you never pick on phil do you bruh?  (five six winking emojis)

<haikus with lots of spaces>

Hey is your space bar stuck or something?

Well he got one thing right it never was  is or will be about me.

Oh the team purchased a 1200 amp box 📦 for mining will we go from  to 150-180 miners.

Expansion should take six months.

[BTCaesar]

What I have experienced until now is, whenever there are too many “bullish” news, the price sinks and sinks further. Especially seeing after many of sh*tty YouTubers videos and stupid twitter messages.
We have been witnessed to experience that the price action went lower than the previous ATH in this bear cycle for the very first time in the BTC history. So how come someone couldn’t  easily say now  that we would may see the new ATH less than the latest one ($69k) either? That is why these all predictions like between $150k - $350k during next bill cycle are just the sound of empty cans … well… Anyway; we’ll all see it…

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

.....
Why pick on phil?  This is not about phil.

 

Because you never pick on phil do you bruh?  (five six winking emojis)

I will have to "think about" that one.   [aka real winkening emoji]

<haikus with lots of spaces>

Hey is your space bar stuck or something?

Technically those are called "return carriages."   [tongue stuck out emoji, real one]


And no.  Nothing be stuck.  Since I am a cooperative kind of a guy, I am going to answer your seemingly dumb question.


That be called "artistic interpretation."

.....
Why pick on phil?  This is not about phil.
 

Because you never pick on phil do you bruh?  (five six winking emojis)

<haikus with lots of spaces>

Hey is your space bar stuck or something?

Well he got one thing right it never was  is or will be about me.

Whoaza!!!!!!!  Zing!!!!!!



Ouch!!!!!



Do I need an emoji or a gif here to show my emotions?  #Askingforafriend

Oh the team purchased a 1200 amp box 📦 for mining will we go from  to 150-180 miners.

Expansion should take six months.

Why so serious?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

What I have experienced until now is, whenever there are too many “bullish” news, the price sinks and sinks further. Especially seeing after many of sh*tty YouTubers videos and stupid twitter messages.
We have been witnessed to experience that the price action went lower than the previous ATH in this bear cycle for the very first time in the BTC history. So how come someone couldn’t  easily say now  that we would may see the new ATH less than the latest one ($69k) either? That is why these all predictions like between $150k - $350k during next bill cycle are just the sound of empty cans … well… Anyway; we’ll all see it…

Yes.. we will see.

Cannot be rushing these kinds of matters, especially when it comes to shaking weak hands and various other manipulation strategies that frequently work until they no longer work... and it is kind of sweet when the bears get reckt.. .. and if it were up to a lot of the bears, we would still be struggling below $500..


... but guess what?


We are not struggling below $500 and many of those previous bears have had to jump on board, even if they might still be trying to fuck around with BTC prices, some of them are likely going to get burned, and whether we go above our previous ATH of $69k in this particular cycle or not may well not matter a whole hell of a lot to guys/gals who have been in bitcoin for a while, and it also might well should not matter to much to newbies either, especially if they are still engaged in various tactics to accumulate cornz.

Getting fuck you status levels of profits from something like dee cornz can take a decently long chance to play out, there are no guarantees, and surely one aspect of an asymmetric bet to the upside is that you do not necessarily need to have a lot of value in it in order to potentially profit stupendously, so sure, you may or may not want to be aggressive with your bitcoin investment, and it does seem to be better to attempt to be a bit aggressive, but everyone makes their own choices in terms of their time-preference trade-offs - including realizing that no investment is guaranteed, even while the investment thesis for bitcoin still seems to be pretty strong, even if there are ongoing manipulations of price and sentiment.. but what else is new?
 
Each of us has to figure out our own strategy (ies).. and good luck if you are not sufficiently/adequately preparing for UPpity... you will likely need it.. unless of course, you won't need it if you do end up getting lucky... perhaps? perhaps?

[BobLawblaw]

[ChartBuddy]

Explanation
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[sirazimuth]

... seemingly dumb question.
.....

... I resemble that remark.
.....

...
.... "artistic interpretation."
....

dfuk is that?

Well anyway, here's my Sunday haiku....

    
      
    

(translation of above "invisible" haiku)

space space space space space
space space space space space space space
space space space space space*

*bear in mind for this particular artistic interpretation, space return carriage= one syllable

[ChartBuddy]

Explanation
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