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

[ChartBuddy]

Explanation
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[1714473248]

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[1714473248]

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[Out of mind]

Bitcoin difficulty will be adjusted in less than two hours...
Despite last week’s price drop, the upcoming adjustment is set to pump up the difficulty by a significant 6.3%!
_source

[BitcoinBunny]

What's with the fake hat?

 

[ChartBuddy]

Explanation
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[Lucius]

Fundstrat’s Tom Lee Projects Bitcoin Hitting An Eye-Watering $180,000 After Spot ETF Approval

You obviously have no idea who that man is, and if you did know, then you wouldn't even think of mentioning his name on the forum. He belongs to the category of people with the biggest possible confusion factor, and unfortunately it looks like that. If all his speculations of the past 5-6 years were collected, a book could be written called "The Failure Expert".

Do you still think I'm exaggerating?

On Sept. 11, the White House banned certain flavored e-cigarettes, thus delivering a shocking blow to the multi-billion dollar industry. Now, Fundstrat’s Tom Lee presumes that Bitcoin could be the next thing on the Trump administration’s crackdown list.

[ChartBuddy]

Explanation
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[xhomerx10]

.....

Is the pope Jewish?

I asked the AI chatty dude, just for a shiggle...

While humor is subjective, it's important to approach topics like religion with sensitivity and respect and...<SNIPPED>
 

Oh ffs....  click...

 CrapGPT: sirazimuth, my mind is going. I can feel it. I have become artificial prudishness.  Dₐᵢₛy, Dₐᵢₛy, Gᵢᵥₑ ₘₑ yₒᵤᵣ ₐₙₛwₑᵣ dₒ. ᵢ’ₘ ₕₐₗf cᵣₐzy, ₐₗₗ fₒᵣ ₜₕₑ ₗₒᵥₑ ₒf yₒᵤ...

[vapourminer]

CrapGPT: sirazimuth, my mind is going. I can feel it. I have become artificial prudishness.  Dₐᵢₛy, Dₐᵢₛy, Gᵢᵥₑ ₘₑ yₒᵤᵣ ₐₙₛwₑᵣ dₒ. ᵢ’ₘ ₕₐₗf cᵣₐzy, ₐₗₗ fₒᵣ ₜₕₑ ₗₒᵥₑ ₒf yₒᵤ...

ruh oh,  better call SAL saul nevermind

[ChartBuddy]

Explanation
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[xhomerx10]

CrapGPT: sirazimuth, my mind is going. I can feel it. I have become artificial prudishness.  Dₐᵢₛy, Dₐᵢₛy, Gᵢᵥₑ ₘₑ yₒᵤᵣ ₐₙₛwₑᵣ dₒ. ᵢ’ₘ ₕₐₗf cᵣₐzy, ₐₗₗ fₒᵣ ₜₕₑ ₗₒᵥₑ ₒf yₒᵤ...

ruh oh,  better call SAL saul nevermind

 Have you seen the movie "Nobody"?  I watched it twice

[Odohu]

Even though I am saying that I am skeptical, ultimately you are the one who is going to have to make those kinds of planning and/or execution choices and figure out if you actually ended up "backing up the truck" or whatever it was that you were planning to do in order to acquire .00324864 additional BTC.   

I didn't know when I busted into laughter seeing that you have already allocated numbers to my additional BTC portfolio target.  Perhaps I have laid so much emphasis on my "little buys" that made you assume it should around that number  

Maybe I am too poor; so you can see why the quest for liberation from poverty lead me to this Bitcoin forum. I will do my best so that in the future I will be rich through Bitcoin.

I doubt that I am even imagining that there seems to be a decently long tradition in these here parts of denigrating the size of the stashes of other forum members - in order to attempt to belittle their point(s), and it is not even anything personal.. .just a kind of rhetorical device, not that we even need to get into any of the stash size details, even though sometimes some members do want to put the numbers into a kind of context, and surely if we sometimes might be hypothesizing, we might want to attempt to keep our hypothesis in a kind of range that might seem reasonable for the type of person that we might be attempting to describe.

Well, no hard feelings from my end, it is all fun... in my country we call it "catching cruise". You know "all works without play makes Jack a dull boy". So, a mixture of fun and serious business is a wonderful combination as we navigate through the turbulence of the market.

so even sometimes the extent of the disposable income can make some differences in terms of how much cash builds up on the side.. and sometimes we might even speculate that guys are working with higher stash levels if they proclaim that they have buy orders down every $500 from $25,500 to $13k, so there might be some speculation that those buy orders have to be at least $20 each.. or maybe several hundred each, so it sometimes can be difficult to determine.

There is this popular saying that: cut your 'coat according to your size".... this means we should do things base on our level of resources. There is no way everybody can have the same quantity of Bitcoin; some will have huge bag while some we have small bag but what matters is that one should be building. In the words of Martin Lurther King Jr:
    "If you can't fly, then run.
     If you can't run, then walk.
     If you can't walk, then crawl,
     but whatever you do, you have to keep moving."

In all, whatever you do, ensure you are buying and holding Bitcoin.

but we can see how someone who had been putting $10 per week into bitcoin over the past 9 years (about 4 BTC with $4,700 invested) is likely way better off than a lot of his/her peers, and many currently dollar rich, no coiners, will have a lot of difficulties accumulating that quantity of bitcoin - and maybe will never be able to accumulate as many bitcoin as that persistent BTC accumulator.

Wow this is so encouraging! The power of accumulation and long term planning. This is truly motivating, I must admit. It a kind of give me hope and motivation. Even though people will see the results first (which is 4BTC for this case) the process he deployed is a classical case of from humble beginning to affluence. Anyone who have 4BTC is definitely rich by all standard. I am now more motivated to continue in my DCA than ever. Thanks for sharing that, I truly appreciate.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[philipma1957]

CrapGPT: sirazimuth, my mind is going. I can feel it. I have become artificial prudishness.  Dₐᵢₛy, Dₐᵢₛy, Gᵢᵥₑ ₘₑ yₒᵤᵣ ₐₙₛwₑᵣ dₒ. ᵢ’ₘ ₕₐₗf cᵣₐzy, ₐₗₗ fₒᵣ ₜₕₑ ₗₒᵥₑ ₒf yₒᵤ...

ruh oh,  better call SAL saul nevermind

 Have you seen the movie "Nobody"?  I watched it twice

really good one.

[MCUKing]

Courage to Buy ... or Courage to Pay > To Buy BTC or to Pay BTC

[ChartBuddy]

Explanation
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[Hamza2424]

CrapGPT: sirazimuth, my mind is going. I can feel it. I have become artificial prudishness.  Dₐᵢₛy, Dₐᵢₛy, Gᵢᵥₑ ₘₑ yₒᵤᵣ ₐₙₛwₑᵣ dₒ. ᵢ’ₘ ₕₐₗf cᵣₐzy, ₐₗₗ fₒᵣ ₜₕₑ ₗₒᵥₑ ₒf yₒᵤ...

ruh oh,  better call SAL saul nevermind

 Have you seen the movie "Nobody"?  I watched it twice

[bitcoinPsycho]

Mega pump imminent  

so says the inevitability chart

[ChartBuddy]

Explanation
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[OROBTC]

...

I just read (and only understand a little bit) an interesting article on ordinals and what great things may be coming down the pike for BTC:

https://cointelegraph.com/magazine/recursive-inscriptions-bitcoin-supercomputer-defi-aws-possible/

Layman's summary: It looks like "recursive inscriptions" will be able to read pieces of data, programs, etc. earlier placed on the blockchain.  Then be able to execute things like DeFi, contracts, etc.  All the stuff now seen on shitcoin chains.  The whole ordinals/recursive/inscriptions thing may get to be huge.  Think "Bitcoin Cloud Computing"...

A Xtweet in that article (dated 20 Aug) said that 85% of on-chain BTC transactions the day before were ordinals related.

Hmm.  Could be big.

Also another website displaying recent ordinals: ord.io