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

[bitebits]

[1714240480]

1714240480

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vroom]

AI news - static memes are now moving!

[Volgastallion]

I wouldn't be surprised if we get another leg up to 41k-44k before having a major correction.

Yeah but we enter in the last month when so many people start to close thei portfolios and start to make the accounts, and look if they where on  profit or losing money, so they are gonna take some profit and close the year. So for me we can see a mayor correction right now to 30/31 k.

[sirazimuth]

Kraken getting sued.
CZ steps down, pleads guilty.
Funds safu, I hope...

Bitcoin is down a couple of hundred correction is coming the ASHWSB said to keep buying more and more Just buy more and more guys and keep the hodl. All time high is on the way.

 Everyone's an expert when it's going up.  I get it - hopium - but that guy doesn't have any more of a clue than any other Bitcoinist(a) and he might have even less of a clue pushing shitcoins as he does!  He's still in the red from late 2021 (specifically Nov. 29th 2021) when he was predicting 100K BTC by year end... I guess he technically didn't say which year end but hopefully nobody was holding their breath.  FFS, my own mother was begging me to help her to buy some bitcoin at that time and I said, "No! Don't be silly." and I had to explain FOMO to her for the second time - first time being the Dec. 2017 mooning.  I remember trying to get her and dad to just by a couple when they were ~$100 each to no avail.  My dad was like, "...but what is it?!", "...can I hold on in my hand?!", "if you can't f*ck it or eat it; piss on it!"  or something like that.

Yeah, after seeing my success as an early adopter, Cousin Mel and Grandma bought some 2 years ago after they prodded me at the Thanksgiving table back in 2021.
Despite me trying desperately to deflect the subject to talk of the weather or Aunty Georgina's up coming baby shower, they insisted on getting my advice.
So I was like "yeah, mortgage your house, max out the Visa and buy!  It will be a million$ in 2023!!"
They haven't spoken to me since.

[AlcoHoDL]

AI news - static memes are now moving!

Is this really AI-generated?

Serious question.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[danadc]

I have a lot of Faith in the US ETFs, this for Bitcoin could Mean a big price increase , and if we Add it to what this December can cause, some say it could reach more than $40k , which seems very well to Achieve, I see it as quite Viable:

The current nine-week streak of inflows reflects broader market optimism, partly fueled by the anticipated launch of a Bitcoin ETF in the US. Total assets under management (AUM) for digital asset products have soared to $45.3 billion, the highest in over one and a half years, driven by both price increases and new investments.

Original Source: https://cryptobriefing.com/crypto-largest-institutional-inflows-2021-bitcoin-etf-expectations/

How to forget the FUD or one of the main characters:

Gold's rally overlooked? The price of gold recently surpassed a significant milestone, crossing the $2,000 per ounce mark, driven by factors such as a weakened U.S. dollar and expectations that the Federal Reserve's interest rate hikes may be nearing their end. This achievement, according to market strategists, reflects a bullish outlook for gold, further fueled by a softer dollar and the pause in rate hikes. Despite these developments, Schiff argues that major financial news networks like CNBC have been giving more attention to Bitcoin.


Read more on U.Today https://u.today/bitcoin-hater-peter-schiff-slams-cnbc-for-ignoring-gold-rally

Source: https://u.today/bitcoin-hater-peter-schiff-slams-cnbc-for-ignoring-gold-rally

We know that bitcoin is one of the main safe havens, but how Safe is it to put money in gold? Is it better than bitcoin? Why is only gold more widely accepted ? I don't think so , the new Generations prefer bitcoin and it is time for those who can buy more Bitcoin to do s , because they will miss out on that great train that when it starts will be difficult to take.

And all of this can give very good action on the part of the Bitcoin predictors at Cointelegraph, everything indicates that it can be bullish:

The upsloping moving averages and the RSI in the positive territory indicate that the path of least resistance is to the upside. If the $38,000 resistance is scaled, the BTC/USDT pair may climb to $40,000. This level may again act as a roadblock, but if cleared, the pair may rise to the pattern target of $41,160.

The bears will have to pull the price below the uptrend line to invalidate the bullish setup. That may open the doors for a fall to $34,800. If the price rebounds off this level, it will suggest a range-bound action between $34,800 and $38,000. The bears will gain the upper hand on a break and close below $34,800.

Cointelegraph Source:https://cointelegraph.com/news/price-analysis-11-27-spx-dxy-btc-eth-bnb-xrp-sol-ada-doge-link

Between the maximum and Minimum price that they can take , it can give the good price , I think it's something super cool , I couldn't deny that I prefer the $41k range.

[vroom]

AI news - static memes are now moving!

Is this really AI-generated?

Serious question.

yes, stable diffusion can do this now. You can see that there is something fishy going on on the shirt of the guy.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

[AlcoHoDL]

AI news - static memes are now moving!

Is this really AI-generated?

Serious question.

yes, stable diffusion can do this now. You can see that there is something fishy going on on the shirt of the guy.

Wow! Impressed!

The girl in red even appears to be aware of the situation and enjoying it (her mouth increasingly smiling). Also the movement of their body/hands and even the people in the background, appear very natural. This looks much more than merely morphing the image by a simple shift+interpolate.

AI has come a long way, it's getting mildly scary...

BTW, a friend was telling me the other day, that the banking system will soon be using AI to detect "unusual" money traffic and screen/block transactions at will. Something that is now done by humans on very few select cases will soon be done by AI in real-time on the entirety of the accounts.

Bitcoin fixes this, but TPTB have immense power, that is not to be underestimated. And, remember, the entire blockchain is public and available. Feed it to an AI and it could link addresses to wallets, to old transactions, and even to actual names of real people. Reminds me of Jimmy Zhong's story and how the FBI/IRS caught him, same with Ross Ulbricht and others. An AI would be able to find them in a fraction of the time humans could. And the AI could even draft the indictment documents, complete with all needed evidence, while at it. Using a coin mixer could help, but there is no guarantee that this provides 100% privacy, and it certainly did not help Zhong hide his Silk Road coins.

I'm more worried than excited if I'm honest, because it is 100% certain that AI will be used by the establishment as a tool to exert influence, authority, pressure and control over people. And, considering the huge amount of resources needed to implement such an AI, it won't be a poor man's sport. Human lawyers won't stand a chance against an AI prosecutor.

Maybe another Nakamoto will soon be sorely needed...

Edit: Rephrased text about mixers.

[shahzadafzal]

AI news - static memes are now moving!

There's always another side of the story.

[xhomerx10]

[bitebits]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[shahzadafzal]

Wow! Impressed!

The girl in red even appears to be aware of the situation and enjoying it (her mouth increasingly smiling). Also the movement of their body/hands and even the people in the background, appear very natural. This looks much more than merely morphing the image by a simple shift+interpolate.

AI has come a long way, it's getting mildly scary...

BTW, a friend was telling me the other day, that the banking system will soon be using AI to detect "unusual" money traffic and screen/block transactions at will. Something that is now done by humans on very few select cases will soon be done by AI in real-time on the entirety of the accounts.

Bitcoin fixes this, but TPTB have immense power, that is not to be underestimated. And, remember, the entire blockchain is public and available. Feed it to an AI and it could link addresses to wallets, to old transactions, to actual names of real people. No Bitcoin mixer will be able to stop it, at least as things currently stand. Reminds me of Jimmy Zhong's story and how the FBI/IRS caught him, same with Ross Ulbricht and others. An AI would be able to find them in a fraction of the time humans could. And even draft the indictment documents, complete with all needed evidence, while at it.

I'm more worried than excited if I'm honest, because it is 100% certain that AI will be used by the establishment as a tool to exert influence, authority, pressure and control over people. And, considering the huge amount of resources needed to implement such an AI, it won't be a poor man's sport. Human lawyers won't stand a chance against an AI prosecutor.

Maybe another Nakamoto will soon be sorely needed...

Memes aside, I had similar thoughts just a few minutes back. I was watching some stories about the OpenAI saga that happened last week, and people are speculating that the reason behind this drama could be an AGI (Artificial General Intelligence) Project Q* (Q Star). Speculatively, OpenAI has created something really big that could directly harm or challenge humanity, and Sam Altman might have been moving fast. He hinted about "some significant breakthrough" during OpenAI's first developer conference, and even Elon Musk replied to Ilya Sutskever to explain if there's something potentially dangerous to humanity.


https://twitter.com/elonmusk/status/1726753202786173249

Yes, it's not just scary; it will come back to haunt the creators (us), and no one will be safe. I don't want to be dramatic, but if AI takes over, we will lose trust in humanity. It will be impossible to differentiate if it's AI commanding you or some humans.

And this banking AI theory to deduct frauds is less scary when you consider that many governments are using AI technologies to predict and prevent crimes. This means you could be arrested because it's predicted that you might commit a crime in the future.

[AlcoHoDL]

Wow! Impressed!

The girl in red even appears to be aware of the situation and enjoying it (her mouth increasingly smiling). Also the movement of their body/hands and even the people in the background, appear very natural. This looks much more than merely morphing the image by a simple shift+interpolate.

AI has come a long way, it's getting mildly scary...

BTW, a friend was telling me the other day, that the banking system will soon be using AI to detect "unusual" money traffic and screen/block transactions at will. Something that is now done by humans on very few select cases will soon be done by AI in real-time on the entirety of the accounts.

Bitcoin fixes this, but TPTB have immense power, that is not to be underestimated. And, remember, the entire blockchain is public and available. Feed it to an AI and it could link addresses to wallets, to old transactions, to actual names of real people. No Bitcoin mixer will be able to stop it, at least as things currently stand. Reminds me of Jimmy Zhong's story and how the FBI/IRS caught him, same with Ross Ulbricht and others. An AI would be able to find them in a fraction of the time humans could. And even draft the indictment documents, complete with all needed evidence, while at it.

I'm more worried than excited if I'm honest, because it is 100% certain that AI will be used by the establishment as a tool to exert influence, authority, pressure and control over people. And, considering the huge amount of resources needed to implement such an AI, it won't be a poor man's sport. Human lawyers won't stand a chance against an AI prosecutor.

Maybe another Nakamoto will soon be sorely needed...

Memes aside, I had similar thoughts just a few minutes back. I was watching some stories about the OpenAI saga that happened last week, and people are speculating that the reason behind this drama could be an AGI (Artificial General Intelligence) Project Q* (Q Star). Speculatively, OpenAI has created something really big that could directly harm or challenge humanity, and Sam Altman might have been moving fast. He hinted about "some significant breakthrough" during OpenAI's first developer conference, and even Elon Musk replied to Ilya Sutskever to explain if there's something potentially dangerous to humanity.


https://twitter.com/elonmusk/status/1726753202786173249

Yes, it's not just scary; it will come back to haunt the creators (us), and no one will be safe. I don't want to be dramatic, but if AI takes over, we will lose trust in humanity. It will be impossible to differentiate if it's AI commanding you or some humans.

And this banking AI theory to deduct frauds is less scary when you consider that many governments are using AI technologies to predict and prevent crimes. This means you could be arrested because it's predicted that you might commit a crime in the future.

Minority Report -- just swap Precog with AI!