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

[Biodom]

How can BNB still be worth so much after all that carry on this year?

Surely it should be way down the top 100 shitecoins list.

Market cap of $32 billion. How is this possible?

Shitcoins are truly shit.
 

I think that something that is practically worthless can have such great value only if the man behind it all manages to convince millions that it is actually worth something. Considering that a lot of people have a very positive opinion of CZ, and consider him to be some kind of messiah who fights against the system, it's not surprising that he managed to sell his shitcoin to them as something that really has value.

In addition, marketcap is something that is the result of circulating supply times the price, and when you have almost 154 million of these tokens at a price of $200+, you get a very nice amount that then deceives people even more. I see a bigger problem in the people who buy it than in the fact that such a thing exists at all.

For sure I don't want to pump any shitcoins, and I hardly give any shits about the BNB that I own, and I am thinking somewhere around early 2018, I opened a Binance account because I had gotten kicked off of Bitfinex and maybe some other exchanges, so when I first signed up for Binance, it was clear at that time, that if you used BNB to pay fees when you traded, you would ONLY have to pay 0.25% for any trading fee rather than 0.5%.. something like that.  So for me it seemed to be a no brainer to buy some BNB, and so I bought a token amount of BNB (for around $13.50 per BNB) that I thought might last me 2 - 3 years at most for paying my trading fees.. and over the past 5.5 years, I had used about 30% of the BNB that I had purchased when I had originally opened the Binance account that I thought would have had been spent down to zero way before now.

I also recall that at some point during 2021, I was telling one of my nocoiner (bitcoin naysaying) relatives that I did not give any shits about any of the shitcoins that I held, and I looked at my account balances to see that the value of my BNB holdings had gone up around 40x from the amount that I had spent to buy them, and my no coiner was amazed by the amount that I told him I give no shits about whether it goes to zero or not.

Right now, when I look at my BNB balance, I see that it is around 11.5x the value that I payed for them, and I don't give any shits.  I am still using them for the same purpose as previously, and I see no reason to sell them, and I don't give any shits if they go up or down... so yeah, they could end up going down, and they are around 1/4 the value that they had been at the time that I was talking with my nocoiner relative, and my position has not really changed...

I have a few other shitcoins that I hold that have done similar kinds of things, and I don't give any shits about any of them either, and all of my shitcoins are still around less than 0.5% of all of my bitcoin portfolio holdings... which around 99.5% is bitcoin and cash, and the cash portion is currently just under 2%..

which would make my total "crypto" holdings to be around:

97.5% bitcoin
 
2% cash  (by the way about 3/4 of the "cash" is USDT)

0.25% BNB

0.25% other shitcoins not named BNB

And, just in case you might be reading me wrongedly.. fuck shitcoins.

If someone still has pre Aug 2017 bitcoin, then they also have 1:1 of BCH, BSV, etc., tucked inside such "old" UTXO bitcoin.

[fillippone]

Upon clicking on the link and attempting to "interact" with it, I am not sure if I understand the term "exchanged merits."

If you select an arc, two numbers appear on each branch of that. If you hover a little bit with your mouse on it, a legend should appear, and something like this should appear:



There it means that I sent you 368 merits, while you sent me 327 merits. The thickness of the base of the arc reflects those two numbers.
Please note that the 0's in this chart, means that the number is actually less than 50.

[JimboToronto]

OT:

When the failing entertainment industries' ESG-driven (woke) unsuccessful garbage movies and shows start piling up, and they desperately need mass layoffs, suddenly bam !: a writer and actors strike appears.

When the failing auto industries' ESG-driven (woke) unsold EVs and other cars/trucks start piling up, and they desperately need mass layoffs, suddenly bam !: a workers' union strike appears.

Oh the timing, how conveeeeeeeeenient.

And the Average Joes and Janes can't seem to put 2-and-2 together. Completely oblivious.

Wake up, people. You are being played.

Lawl. 

[JayJuanGee]

[edited out]

If someone still has pre Aug 2017 bitcoin, then they also have 1:1 of BCH, BSV, etc., tucked inside such "old" UTXO bitcoin.

Mostly I don't have any of those (but sure this is a public thread so you likely are engaged in a kind of PSA).. except maybe if there might have been some of the "etc" that might apply to my own situation...

I am pretty sure that I claimed all (or an overwhelming majority) of my BGold.. but I never sold any of it.. so it is part of my current quasi-valueless shitcoin collection..

I am pretty sure that I got rid of all of my BCH within a few months of the August 1, 2017 fork.. and I recall when Coinbase engaged in its little surprise release of BCH and pumping BCH and locking their exchange at high prices for many hours, they had issued me some BCH, and I cashed it out within a pretty short time period.  The ONLY way that anyone would have gotten Bcash SV (BSV) is to have had continued to have held BCH (or old pre August 1, 2017 BTC) at around the November 2018 time of the BCash SV forkening.  I am pretty sure that I did not have any BCH by then... except for what I held on the BTC-e exchange when the US Govt shut it down (and shut down the various mirror exchanges that continued to pop up for a few months until it finally went capoosh in around late 2017 and one of the main owners was arrested in Greece, I think).

Upon clicking on the link and attempting to "interact" with it, I am not sure if I understand the term "exchanged merits."

If you select an arc, two numbers appear on each branch of that. If you hover a little bit with your mouse on it, a legend should appear, and something like this should appear:

There it means that I sent you 368 merits, while you sent me 327 merits. The thickness of the base of the arc reflects those two numbers.
Please note that the 0's in this chart, means that the number is actually less than 50.

O.k. Thanks.  I think I missed some of those details the first time.

[sirazimuth]

Nice little erection. Please continue.

Nice little erection?? ...That's definitely not what she said.

buddy loves to grind at us.  I would really like a solid rally soon.  Where is JJG with his big old honey b don't care.

I bet Buddy is very active on Grindr. I'm not going to check.

Ha!.. posting that you don't check Grindr means that you do...lol.

WO Meta Post.

There is a long time I don't come here, as the market is so dull right now.

I have updated the merit network for WO thread



https://public.flourish.studio/visualisation/5379872


Take a look and try to find yourself and your friends  

I'm gonna go out on a limb here and opine that any OG in here hovered over that thing until they saw their own personal "yours truly" pop up.
Well, I did anyway... and then when I found it, I had to send a merit, because of course I did.

.....
Naaaaah not Denver
We go some place with style …

Ahh... so you must be in my neighborhood.

....
Buddy, you looser.

Hey bro, you spelled loser wrong, like every other peep on the interweaves.  (if you meant to as a joke ,well then...lol)

Buddy is a loser!!!!!!!!

Buddy, you looser.

lol where's jbreher..

I see what you did there. (you beat me to it actually)

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

snipped shitcoinery talk

Hey bro, you are being very naughty. I thought shitcoinery talk on this here famous thread is frowned upon. Perhaps, perhaps??

[JayJuanGee]

snipped shitcoinery talk

Hey bro, you are being very naughty. I thought shitcoinery talk on this here famous thread is frowned upon. Perhaps, perhaps??

Well I think that the rule has to do with if you do bring up shitcoins, then you make sure that you are not pumping them or saying anything good about them.. so yeah, sometimes there might be some ambiguity regarding the relevance and/or what might be the purpose of the post.

In this case, many of us get lured into some of these kinds of discussions, whether the discussions are to denigrate Binance or to falsely proclaim (or imply) that Binance and FTX are the same thing, and we have also seen some of those bullshit distraction arguments aimed at USDT over the years, and so yeah sometimes it can be difficult to know the extent to which some of these topics are engaging in too much shitcoin talk or crossiing over thresholds.

Another similar thing might be our discussions of ordinals and inscriptions in the past 8 months or so, and more recently if we start to get into some of the drive chain discussions - which also might end up devolving in to shitcoin discussions and/.or might be attacks upon bitcoin even if they are framed as "friendly fire" propositions that would be supposedly good for bitcoin, even though I think that a lot of folks are seeing through the drivechain bullshit, and the ordinal/inscriptions are kind of dying off - even though they are not really dead, either but they are just something that is going on with bitcoin... but yeah, the Binance solvency matters and the comparisons to FTX does end up contributing to needs to talk about shitcoins, and even consider the validity of some of the claims that Binance is being propped up by BNB which for sure is not even close to the various kinds of derangements that were going on with FTX including that there seems to be a lot of signs of possible PsyOp practices going on with FTX and perhaps even trying to figure  out ways to sew division in bitcoin in regards whether CZ and his operation is amongst the good guy bitcoiners or not.. including some of the comparison contrast of CZ and Brian Armstrong.. as if Armstrong is even close to a better actor merely because he is a white baldy rather than a Chinese baldy.

Even if someone were to ask me which shitcoins I hold, I might even answer.. even in this here thread, even while at the same time saying "fuck shitcoins."  Am I being a hypocrite?  Which reminds me:  How's your piece of shit Ledger serving you in recent times?   and the shitcoins that it can hold. hahahahhaha... Pro tip: throw that piece of shit (aka Ledger) in the garbage and get something that is less shitcoineeeee...    hahahahaha..  Note Pro tip #2:Make sure that you take your bitcoin off of it before completely throwing it away....#nohomo....


Oh.. by the way.. my own above post (especially the last part) reminded me of something that I figured out in recent times is that the Trezor used to ONLY allow for the plugging in of one of them at a time, and it seems some kind of a recent update to the software (or maybe the firmware) allows more than one Trezor to be plugged into the same computer at the same time.. which I find a bit helpful for "doing things."


Another thing.. regarding price (going from $26,500-ish to $26,756 as I was typing) (who doesn't like to talk about price in these here parts?... if you raise your hand, then you better GTFOH) it looks like king daddy might want to visit $27k-ish.. perhaps?  perhaps?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

.....

Even if someone were to ask me which shitcoins I hold, I might even answer.. even in this here thread, even while at the same time saying "fuck shitcoins."  Am I being a hypocrite?  Which reminds me:  How's your piece of shit Ledger serving you in recent times?   and the shitcoins that it can hold. hahahahhaha... Pro tip: throw that piece of shit (aka Ledger) in the garbage and get something that is less shitcoineeeee...    hahahahaha..  Note Pro tip #2:Make sure that you take your bitcoin off of it before completely throwing it away....#nohomo....

......

You love to trigger me dont you bro? Ok I'll bite...

Yeah, my piece of shit Ledger has served me very well. It allowed me to convert all my free shitcoins to king daddy with no problems at all.
And then all the king daddy I stored on that piece of shit hardware wallet paid for my useless addition new garage. Yeah, I gotta get rid of that goddamn thing.
I might get hacked. No worries though. Its buried 10 feet underground, out in the woods where no one can find it, because you never know....
And for extra protection, I sent the seed to protectmybitcoin.com for safekeeping. They are a very trustworthy company from the Cayman Islands.

Please don't post a reply as if you actually believe this nonsense post.
(apart from the fact that king daddy held on my Ledger did indeed pay for my new garage and useless office space above it.)

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

.....Even if someone were to ask me which shitcoins I hold, I might even answer.. even in this here thread, even while at the same time saying "fuck shitcoins."  Am I being a hypocrite?  Which reminds me:  How's your piece of shit Ledger serving you in recent times?   and the shitcoins that it can hold. hahahahhaha... Pro tip: throw that piece of shit (aka Ledger) in the garbage and get something that is less shitcoineeeee...    hahahahaha..  Note Pro tip #2:Make sure that you take your bitcoin off of it before completely throwing it away....#nohomo.... ......

You love to trigger me dont you bro? Ok I'll bite...

Yeah, my piece of shit Ledger has served me very well. It allowed me to convert all my free shitcoins to king daddy with no problems at all.
And then all the king daddy I stored on that piece of shit hardware wallet paid for my useless addition new garage. Yeah, I gotta get rid of that goddamn thing.
I might get hacked. No worries though. Its buried 10 feet underground, out in the woods where no one can find it, because you never know....
And for extra protection, I sent the seed to protectmybitcoin.com for safekeeping. They are a very trustworthy company from the Cayman Islands.
Please don't post a reply as if you actually believe this nonsense post.
(apart from the fact that king daddy held on my Ledger did indeed pay for my new garage and useless office space above it.)

Well seriously brah.




I am glad you got your shit figured out.















Well seriously.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Greyhats]

I couldn't track him down either. I'd place him in Indonesia. Assumed he was in Bali International Airport. Hopefully The Dude has brought some shorts with him... 30Degrees and 80% Humidity at 5:47pm, would be uncomfortable in those track pants.

Also if anyone noticed, the word BALI is in the reflection in the background mural..... Could be a "Welcome to Bali" mural/cover.

I think I've spend enough time trying to find an updated image to confirm location.

EDIT: FOUND HIM!!!!!!!!





I was right.. Bali International Airport.

Wait are those clips from some vlogs?? Is The Dude posting hints somewhere else too??


Or these snaps not related just showing there’s a Starbucks at bali airport?

I couldn't find a photo of Starbucks in Bali International Airport. So the next best thing is YouTube!.. Someone had done a 2023 Walk Through of Bali International Airport.

and no it isn't The Dude, and no i am not traveling with him! although it does sound tempting to head over!

Maybe you were in the wrong Starbucks... I mean here are 4 Starbuck at Bali International Airport



and certainly there's one with the Snake Plants too




Edit:

There was another hint we probably missed it but hisslyness saw it. Right?

 Nice.  Maybe we should set up a detective agency 

When I made my guess at Seattle it was because of the reflection on the floor I thought it said ilab, ie innovation lab in Seattle Starbucks. Totally missed it was inverted or I would have at least got bali hah. Good detective work to you!

[Greyhats]

Wint let me delete double post got a cloudfare when posting

[sirazimuth]

....

Well seriously brah.




I am glad you got your shit figured out.


Well seriously.

I'm always dead serious when posting on this here famous thread.

[Biodom]

Mostly PSA:

I got everything apart burying ledger under 10ft, since it is just a $50-70 hunk of metal, nothing else, unless you want to transact, but then digging it out is somewhat sub-optimal, imho.

Plus, you can just throw it away since, as everyone knows, bitcoin ain't inside the said ledger...that's what makes the whole concept so 'alien' to newbs (present company excluded, of course, with no disrespect to OGs).

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

[edited out]

I'm always dead serious when posting on this here famous thread.

Me too!!!!!!!!

Mostly PSA:

I got everything apart burying ledger under 10ft, since it is just a $50-70 hunk of metal, nothing else, unless you want to transact, but then digging it out is somewhat sub-optimal, imho.

Plus, you can just throw it away since, as everyone knows, bitcoin ain't inside the said ledger...that's what makes the whole concept so 'alien' to newbs (present company excluded, of course, with no disrespect to OGs).

I suspect that sirazimuth just gets thrills out of making worthless projects for himself.

So probably a few times a year, he just digs up the Ledger and maybe reburies in it in a different location, just for funzies.

He may or may not even check to see if it still works - since those devices don't really work very well anyhow.. . .their corners don't even square... properly.. I think that recently he posted something about that too.  #justsaying

but the combination of his behaviors points to how we might be able to reasonably infer that it is quite likely that he is not a cat.. but in other ways he acts like a cat.  

Probably something to do with sirazimuth being another way of saying schrödinger.. ..




What's different about these two pictures?


Nothing.




They are the same thing.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com