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

[ChartBuddy]

Explanation
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[bitebits]

+$38MM yesterday is about BTC900 inflow, which is down from about BTC4,5k inflow the day before, but still currently sucking up all of the newly minted BTC worldwide, even if inflows will further fall 50% it'll still be eating up all of the new BTC in 2,5months with nothing left for the rest of the world ...

Even though about 900 BTC will be mined per day, and in a few months it will be only 450 BTC, it actually means almost nothing in the big picture. Miners sell only what they need to cover costs, and even if they sell everything they mine (27 000 BTC) per month on the market, it would not play a big role considering that we have at least 2+ million BTC on the market which are for sale.

Disagree, volume and/or bitcoins on exchanges is a different thing. It changes with the mood of the day. But when guaranteed supply reduces, miners sell most of their coins to cover costs, it has to affect price. We have ~20 million USD (450 BTC) per day changing direction, it moves from being dumped into the bids to into the asks.

[ChartBuddy]

Explanation
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[xhomerx10]

Average geography merkan dumbfuck Joe is not gonna know if that's Africa or Northern East Bumfuck communist Korean China or maybe um... Canada?

Americans were asked to point Iran on a world map.

no way! some people really do believe that Iran is in USA or somewhere in the ocean? wtf

 I'm sure some people misheard the question, some would be like, "How da fuck I'm goin' know where you ran, mofo?!", some don't give any fucks at all when randomly asked a question and some on the extreme right of the bell curve would pick places like Iran, Lleida, Spain or Iran, North Ossetia, Russia.  2523% is pretty good and if you have drop a large enough bomb, that percentage increases considerably  


 edit: I guess I should really wear my glasses now; I thought that read 25%.   (Maybe this also explains the points in the oceans)

[xhomerx10]

Average geography merkan dumbfuck Joe is not gonna know if that's Africa or Northern East Bumfuck communist Korean China or maybe um... Canada?

Americans were asked to point Iran on a world map.

Question: How big was the map when people pointed on it, actually?  

OT:

Got drawn to new astrophotography processing software which proves to be too good to be true.
Also, too good to be free, unfortunately. Hard to swallow for a free-software afficionado like me, but then it grants more than a month of unrestricted use and 37 more days to go until i'll have to pay. And this one really deserves the bucks to be spent. All my editing problems just disappeared by using this application, so i am spending every free minute with it. I guess i will be posting less here for a few weeks for this reason.

& still no response from Arrie, i hope he's OK, though.  


It also seems i missed the last dip, but IDK, there will be more opportunities, hopefully, we'll see anyway.

 I hope he didn't do something rash and go off to fight for Ukraine.

[xhomerx10]

Americans were asked to point Iran on a world map.

Dumb questions deserve a dumb answer.

 I'm on a merit conservation drive otherwise, I would have given you one. 

[ChartBuddy]

Explanation
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[Hueristic]

https://www.youtube.com/watch?v=9xofywOoNak

[Torque]

Americans were asked to point Iran on a world map.

Dumb questions deserve a dumb answer.

The only correct American answer:

Q: "Do you know where Iran is on a world map?"

A: "Uh, I don't care."

 

[ChartBuddy]

Explanation
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[AirtelBuzz]

Facebook and Instagram may soon allow spot BitcoinETF advertising.

Popular ETF store author Nate Gerasi may allow advertising of Bitcoin ETFs on Facebook and Instagram hot spots for the Shallal guide.

Picture x
https://coingape.com/meta-to-join-google-to-allow-bitcoin-etf-ads-on-facebook-and-instagram/

[psycodad]

Some 90mins ago a strange fee competition seems to have started, we went from ~25sat/vB to 400-600sat/vB for the next block.
Are we looking at signs on the wall for a weekend dump or is some NFTard trying to write a picture of his cat onto the blockchain?

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[sirazimuth]

...

 I'm on a merit conservation drive ...

Well, just as long as you ain't farming them bro ...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

Americans were asked to point Iran on a world map.

Dumb questions deserve a dumb answer.

The only correct American answer:

Q: "Do you know where Iran is on a world map?"

A: "Uh, I don't care."

 

https://www.youtube.com/watch?v=kRh1zXFKC_o
https://www.youtube.com/watch?v=umpalMtQE50

(of course edited.....still telling)


Ask the typical social media swiping merkan to name all the Kardashian sisters, and they will reel them off without a problem.
Ask them to point to Canada on a world map and.... well you all know where this is going...

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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