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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

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[SamReomo]

That person is the worst liar that we have in the crypto-world. I remember another liar Balaji Srinivasan who predicted in March 2023 that Bitcoin would reach $1 million in 90 days.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

https://earthworks.org/issues/environmental-impacts-of-gold-mining/

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

https://earthworks.org/issues/environmental-impacts-of-gold-mining/

how close are you to the bigass canada gold mine.

filter your u drinking water 💧.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

buddy sandwich 🥪

[Greyhats]

buddy sandwich 🥪

And one more for good measure. Also Phil thanks for running the mining diff guessing game. I haven’t checked diff daily since I mined Btc!

[philipma1957]

buddy sandwich 🥪

And one more for good measure. Also Phil thanks for running the mining diff guessing game. I haven’t checked diff daily since I mined Btc!

I will be running another next jump. I needed a break to do my taxes.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

https://earthworks.org/issues/environmental-impacts-of-gold-mining/

 Not only gold mining - I saw a scar on the earth as I flew over the Apuseni mountains in Romania several years ago and I went down the rabbit hole trying to figure out what it was.  Turns out it was Europe's second largest copper mine - what a mess.

https://www.rferl.org/a/romania-sinking-village-geamana-waste-copper-mine/28436792.html

 ...and there's gold in them thar hills too!
 
https://www.rferl.org/a/thousands-protest-romania-mine-plans/25106921.html

 There's an ongoing legal battle over a the lost profits and interest on a few hundred tons of unrealized gold between a Canadian company - Gabriel Resources - and the Romanian gov't. 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

https://earthworks.org/issues/environmental-impacts-of-gold-mining/

how close are you to the bigass canada gold mine.

filter your u drinking water 💧.

 Nobody lives there unless they're insane or desperate.  It's one of the rainiest, snowiest places in the country.  Probably the mosquitoiest and black fliiest as well - a veritable swamp (I'm sorry, "muskeg" they say but I think that just means "cold swamp").  Oh yeah and it's cold - all year except for the two weeks of summer that may or may not occur in July.  Fresh water is the least of your worries - just put out a rain barrel.  The majority of Canadians live within 100 miles of the US border - Wabush is not. even. close.

[xhomerx10]

coffee good

 Mine's just okay this morning... I usually take my first coffee with Preev but we're out of Preev so I used ChartBuddy and it just doesn't taste the same.  Anybody know where I can get some Preev?

I prefer Bitcoinwisdom. Full-flavored, rich and satisfying.

 Merci!  It goes well with my morning coffee - though it becomes more of a cappuccino with all that frothy goodness.

[JayJuanGee]

That person is the worst liar that we have in the crypto-world. I remember another liar Balaji Srinivasan who predicted in March 2023 that Bitcoin would reach $1 million in 90 days.

Arthur Hayes is a pretty smart guy, if you ever heard him speak, and if you ever read any of his stuff.

Sure you do not need to agree with everything he says or his predictions in order to learn a lot from him.

There are a lot of people who I don't agree with, and they likely are not lying merely when they are wrong or they assign higher probabilities to events.. and surely there sometimes could be some hidden agendas too..

https://earthworks.org/issues/environmental-impacts-of-gold-mining/

 Not only gold mining - I saw a scar on the earth as I flew over the Apuseni mountains in Romania several years ago and I went down the rabbit hole trying to figure out what it was.  Turns out it was Europe's second largest copper mine - what a mess.

https://www.rferl.org/a/romania-sinking-village-geamana-waste-copper-mine/28436792.html

 ...and there's gold in them thar hills too!
 
https://www.rferl.org/a/thousands-protest-romania-mine-plans/25106921.html

 There's an ongoing legal battle over a the lost profits and interest on a few hundred tons of unrealized gold between a Canadian company - Gabriel Resources - and the Romanian gov't.  

And just think about it.. bitcoin is about 1,000x better than gold, and regarding copper, it may well have more utility value than gold.. even though gold does have some utility value..so it won't be going to zero, and it may well retain a bit of its monetary value while bitcoin is eating its lunch and reaching fair market value that is 1,000x more valuable than gold.. or maybe even more than that.. but could take 20-50 years to play out or maybe even 150 to 200 years to play out.

[SamReomo]

That person is the worst liar that we have in the crypto-world. I remember another liar Balaji Srinivasan who predicted in March 2023 that Bitcoin would reach $1 million in 90 days.

Arthur Hayes is a pretty smart guy, if you ever heard him speak, and if you ever read any of his stuff.

Sure you do not need to agree with everything he says or his predictions in order to learn a lot from him.

There are a lot of people who I don't agree with, and they likely are not lying merely when they are wrong or they assign higher probabilities to events.. and surely there sometimes could be some hidden agendas too..

Well, he might be smart to some extent but this time he went really far with his prediction. Can you agree with his prediction that Bitcoin will reach $750k to $1M in 2026? I really doubt that because it will not likely to happen that soon. I agree that Bitcoin has the protentional to grow even higher than $1M but 2026 is too early to see Bitcoin at that price levels. Let's say he's not a liar but still he's not right with his prediction this time because we all know that Bitcoin needs more community support and wide adoption as well as support from governments to reach that high price levels. If I'm not wrong then most of the governments will shift to CBDCs before 2026 which will make it even harder for Bitcoin to reach that price tag.

[hisslyness]

Am I the only one here who enjoys watching the mempool shrink!...

https://mempool.space/

I have a one screen dedicated for Bitcoin mempool...