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

[OutOfMemory]

If you drop as much acid (70s and 80s) as I did you would know it is all recorded. And replayed with some variations.

I didn't, so not sure what exactly you are talking about...like you think you saw into the potential future or futures?
Steve Jobs took mushrooms in his twenties and he said that he saw himself achieving success and notoriety, but dying relatively young, then it happened.
There is the theory of "block universe" that says that EVERYTHING already happened, it's just being revealed as we are progressing in our own time-space.

it was not quite that more like age zero to the present was played quickly over and over again.  future access was not available.

but say age 1 to 25 (last really strong trip) was played in a loop a dozen or so times.

so exhausted from this I laid down attempting to crash and sleep. At this time I had a reoccurring dream of a young woman making love with me. and a narrator voice suggesting that I should want this girl because she wanted to repeatly make love with me.

I was high as fuck and fairly confused as the person that was going downtown on me had pretty short hair and I thought the person looked a bit boyish. I could only see the back of the person’s head. in the vision dream acid trip
 say time  was 1982 well in 1987 I was married and my wife looked slightly boyish with a short haircut and I realized she was the person in the acid trip dream vision I had back in 1982.

So the loop that repeated from age 1 to 25 10 times then spun to a vision of my future wife.

So I kind of don’t worry much about a lot of shit 💩 since I know the universe can pretty much do whatever the fuck it wants to do.

And that's why many of us could stop worrying about life instantly. But we were raised in insecurity and taught doubt, full of fear, trying to stay "in control".
Acid gives you good lessons on how to give up control and go with the flow, slowly dismantling our poor, insecure ego.
One can (believe to) know a million things, but one deep spiritual experience weighs them up a million times (or so).

(EDIT: Personally, i try to keep myself "open" instead of clogging my brain with useless thoughts or entertainment, so i don't miss opportunities the universe presents to me. I guess this is why i am here today, do what i do, love who i love and mostly everything turned out successfully. Of course, this strongly relies on the personal definition of "success", but in retrospect, i wouldn't change a single thing in my past life, even those that sucked ass in the first place.)

wow! I had a similar experience, just without the acid  
I had my (sex) dream at age 13-15 and I met my partner around 20 years later.

interesting how this stuff works!

The acid is just a way to open doors quicker, on demand. That's why many ex-users try to get in tune with the universe (plebs call it "god" or "allah") using various spiritual ways (like myself).

Despite Bitcoin price fall, atleast something Rose.
It's Dominance.

Well, it's certainly not alt-season  

Nobody is going to press a worldwide suicide button. No one would be ready to use something like that.  

As far as history was showing, things like these tend to happen accidentally.

[JayJuanGee]

I guess we will soon be under 60k again...

At least we still gat each other to sing
"Everything gonna Be Okay"

Who cares even if we do dip below $60K again?  That's just more dollar cost averaging coins to be scooped up by the faithful before we blast off.  It's clear we've gotten over the hurdles of mtgox and most of the government selling.  It's clear governments have started printing money again globally.  I even think it is clear that demand is outstripping new supply greatly while cash is quickly heading to the market for new buys.  I feel pretty good about the statement that we will be at least 10% higher a month from now.  10% in a month to normal people would be a big number to promise on an investment.

When you have been long enough in Bitcoin (as you have), price fluctuation is just a game at some point.
We placed our bets long ago and it doesn't matter which numbers the roulette's ball jumps around at before its final destination (even though we already got rewarded while waiting - how awesome is that !?)

But it's still exciting to watch price movements, and that's one reason why I'm a WO member, apart from the company of well educated gentlemen sharing pics of themselves pissing while drunk...

Maybe your analogy fits some aspects in which we have various ups and downs in the short term, and so each of us are affected, but likely in various degrees, and so the longer that any of us has been in and mostly erroring on the side of stacking and HODLing, then the less likely that we should be affected in terms of our overall networth, since maybe the change in value of our networth is not dramatically affecting what we are able to do, since perhaps the BTC is multiples, if not magnitudes higher than our actual standard of living needs.

So, i am not sure how many cycles it takes to get to a point of almost zen because some longer guys seem to still be stacking sats and wanting more and more (beyond which seems to be our ongoing uppity direction), and so those kinds of trading can contribute to more stress than needed...  

If we might have had concluded that with bitcoin $800k is our entry fuck you status.. and maybe we have other kinds of assets and wealth too in order to provide a cushion, and maybe those other assets would have to be at least $2 million for entry-level fuck you status for those other assets.  So maybe we reach at least entry-level fuck you status in each of the categories, and maybe we might not feel that we have enough, and so how much of a cushion do we need on each? and do we keep that cushion in the bitcoin category or have a cushion in the traditional assets category or a combination of both?  And is it enough if the cushion is multiples such as 2x, 4x, 6x or does it need to be magnitudes such as 10x or 20x to start to feel comfortable?  Maybe we have to increase our standard of living, too?

Are we pre-fuck-you status?  getting close to fuck you status?  or already there?  There's gotta be variance in the situations regarding how we assess our situations and some of us might be wrong in our assessments of our own situations too (in regards to how much is enough to get into a status of zen).  

Maybe an example could be helpful?  So if a guy with the entry-level fuck you status that I described above were to have around 15x the bitcoin fuck you status and perhaps combined with only around 1.5x the traditional fuck you status, so his wealth is still fluctuating around, and so in 2022, his fuck you status might have gone down to ONLY around 5-7x of the bitcoin fuck you status and maybe the traditional fuck you status wealth did not change very much... He still might becomes somewhat worried and less zen.  Yet in this latest correction, maybe his bitcoin fuck you status had gone from 15x to only 12x, and surely it could be threatened to go back down to ONLY 10x, yet there is a sense that 10x might be a bottom.. so he is still affected by the ups and downs, yet bitcoin's trajectory seems to continue upward, so it still might be difficult to get worked up about price fluctuations when there is a decently sized cushion.. ... yet it still seems to me that the level of the cushions are going to vary, and also members are going to vary in terms of their psychological reactions, even if they might be in a similar situation as someone else.. and some guys also cannot resist trading and/or gambling with portions of their stash, since they believe that they are going to be put in a better place from trading and/or gambling, even if such trading and/or gambling had not really substantially and/or materially helped them out in the past.. but some guys cannot resist to trade/gamble with their stash or perhaps even have trouble recognizing that they already have a decent cushion and they seek more and More and MOAR...

[psycodad]

<snip>

https://www.google.com/amp/s/www.timesofisrael.com/israel-said-mulling-attacks-on-iran-oil-rigs-nuclear-sites-in-response-to-missile-attack/amp/
This could likely escalate more than this if nothing is done.

"There's no instance of a nation benefiting from prolonged warfare " -Sun Tzu

It's the (military industrial) economy, stupid.

Sorry, I foolishly said the silent part out loud.

[OutOfMemory]

<snip>

https://www.google.com/amp/s/www.timesofisrael.com/israel-said-mulling-attacks-on-iran-oil-rigs-nuclear-sites-in-response-to-missile-attack/amp/
This could likely escalate more than this if nothing is done.

"There's no instance of a nation benefiting from prolonged warfare " -Sun Tzu

It's the (military industrial) economy, stupid.

Sorry, I foolishly said the silent part out loud.

psycodad, it's the illusion that we (each) and our "values" are worth more or more important than the rest.
There can never be peace without respect.
Economy is used as a weapon, too. (I guess that's not really news to you, though)

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

can't someone nuke the shit out of this whole middle east region? such a bunch of retard countries, unbelievable.

You need to understand (unless your post was ironic): Nukes were not made for making war, they were made to prevent war.

Or we can say that there can be no winner in such a war - literally the entire northern hemisphere would be burned according to all the simulations that exist. If Iraq or Afghanistan had nuclear weapons, they would never have been attacked - just as Russia would not have attacked Ukraine if, after the collapse of the Soviet Union, the US had not exerted enormous pressure on Ukraine to surrender its nuclear weapons.

Nobody is going to press a worldwide suicide button. No one would be ready to use something like that.  

unless you are part of the ReligionOfPeace^TM that promises you eternal afterlife pleasures, when you die fighting its non-believers...  

[psycodad]

<snip>

https://www.google.com/amp/s/www.timesofisrael.com/israel-said-mulling-attacks-on-iran-oil-rigs-nuclear-sites-in-response-to-missile-attack/amp/
This could likely escalate more than this if nothing is done.

"There's no instance of a nation benefiting from prolonged warfare " -Sun Tzu

It's the (military industrial) economy, stupid.

Sorry, I foolishly said the silent part out loud.

psycodad, it's the illusion that we (each) and our "values" are worth more or more important than the rest.
There can never be peace without respect.
Economy is used as a weapon, too. (I guess that's not really news to you, though)

I disagree. It's always money and power. Remove these two incentives and watch wars end the other day.
Values like in "defending our values" are just distractive slogans to lull the general populace into these wars.
At least for me I can say that my values do not need to be defended in Hindukush (alluding to how it was sold to the germans when they deployed troops to Afghanistan).

[Gachapin]

https://x.com/naiivememe/status/1841357949484368178?s=46

that's my state, when we dump into mindrust territory every 4 years

[Ambatman]

I disagree. It's always money and power. Remove these two incentives and watch wars end the other day.
Values like in "defending our values" are just distractive slogans to lull the general populace into these wars.
At least for me I can say that my values do not need to be defended in Hindukush (alluding to how it was sold to the germans when they deployed troops to Afghanistan).

Can't argue with this since you added power.
This is all encompassing including Money, religion, Ideology, Love, territory etc.
In all Humans are inherently greedy,Loving,cruel,vengeful and thus pursues strife.

[philipma1957]

https://x.com/naiivememe/status/1841357949484368178?s=46

that's my state, when we dump into mindrust territory every 4 years

we would need to go under 39k this year for me to get stressed bigly

[psycodad]

can't someone nuke the shit out of this whole middle east region? such a bunch of retard countries, unbelievable.

You need to understand (unless your post was ironic): Nukes were not made for making war, they were made to prevent war.

Or we can say that there can be no winner in such a war - literally the entire northern hemisphere would be burned according to all the simulations that exist. If Iraq or Afghanistan had nuclear weapons, they would never have been attacked - just as Russia would not have attacked Ukraine if, after the collapse of the Soviet Union, the US had not exerted enormous pressure on Ukraine to surrender its nuclear weapons.

Nobody is going to press a worldwide suicide button. No one would be ready to use something like that.  

I am pretty sure that the personnel in charge of launching those nasty nuke-thingies are well trained and more than ready to do so when told to. I wouldn't rely on the appearance of another Stanislav Petrov the next time a selfless hero is needed to save the world.

In a heated environment like right now, a small mistake can easily set off an unstoppable chain of events.

As we learned in this fine place here only recently, the Russians have a system in place (sistema perimetr) that can launch all their strategic nukes without intervention of a human being. I'd bet big that the Chinese and the US have similar systems as well. Once in motion, there is no back.

There is actually no absolute requirement of some chump in a suit pressing a button to start a worldwide glow-fest.

[OutOfMemory]

psycodad, it's the illusion that we (each) and our "values" are worth more or more important than the rest.
There can never be peace without respect.
Economy is used as a weapon, too. (I guess that's not really news to you, though)

I disagree. It's always money and power. Remove these two incentives and watch wars end the other day.
Values like in "defending our values" are just distractive slogans to lull the general populace into these wars.
At least for me I can say that my values do not need to be defended in Hindukush (alluding to how it was sold to the germans when they deployed troops to Afghanistan).

Erm, you didn't really disagree here, because for those driving wars, money and power are their values, respectively.

https://x.com/naiivememe/status/1841357949484368178?s=46

that's my state, when we dump into mindrust territory every 4 years

we would need to go under 39k this year for me to get stressed bigly

Yeah, i would get stressed out bigly to get more fiat to buy Bitcoin, too 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

OT: Re Mars and a 'future yourself'

Remember 23andMe company...15 mil Americans gave their DNA to clear their ethnicity, find lost cousins, potentially mutated genes, etc, etc.
Now, 23andMe is in trouble:

https://www.theatlantic.com/health/archive/2024/09/23andme-dna-data-privacy-sale/680057/

A sombre thought occurred:

Current DNA sequencing techniques allow for easy sequencing of the donor's ENTIRE DNA (genome).
With that in hand, such genome can be stored as information (file) and that file could later be used to reproduce YOU, theoretically.
If someone has a drive to populate some planet (which one, I wonder?) with genetically variable humans, all would be needed is a slightly better DNA synthesis capabilities and a source of oocytes/eggs, from where the maternal DNA would have to be removed. A small zap of electricity, then a surrogate mom and YOU (biologically) could be reborn (of course, with no memories whatsoever).

I am not sure whether it is entirely bad or the very fact that you could be reborn like this, albeit purely theoretically, could be pleasing to someone.

TL;DR If you gave DNA to 23andme, then, purely theoretically, you could be reborn later on (according to the scheme above).

If you drop as much acid (70s and 80s) as I did you would know it is all recorded. And replayed with some variations.

I didn't, so not sure what exactly you are talking about...like you think you saw into the potential future or futures?
Steve Jobs took mushrooms in his twenties and he said that he saw himself achieving success and notoriety, but dying relatively young, then it happened.
There is the theory of "block universe" that says that EVERYTHING already happened, it's just being revealed as we are progressing in our own time-space.

it was not quite that more like age zero to the present was played quickly over and over again.  future access was not available.

but say age 1 to 25 (last really strong trip) was played in a loop a dozen or so times.

so exhausted from this I laid down attempting to crash and sleep. At this time I had a reoccurring dream of a young woman making love with me. and a narrator voice suggesting that I should want this girl because she wanted to repeatly make love with me.

I was high as fuck and fairly confused as the person that was going downtown on me had pretty short hair and I thought the person looked a bit boyish. I could only see the back of the person’s head. in the vision dream acid trip
 say time  was 1982 well in 1987 I was married and my wife looked slightly boyish with a short haircut and I realized she was the person in the acid trip dream vision I had back in 1982.

So the loop that repeated from age 1 to 25 10 times then spun to a vision of my future wife.

So I kind of don’t worry much about a lot of shit 💩 since I know the universe can pretty much do whatever the fuck it wants to do.

back on topice
80k in a day would be cool

wow! I had a similar experience, just without the acid  
I had my (sex) dream at age 13-15 and I met my partner around 20 years later.

interesting how this stuff works!

Yeah what is that word deja vo. i know I spelled it wrong but on a small screen ipad

maybe deja-vu is it.


once I met my wife in 1985 I had been on two dates with her and my bosses secretary 👩‍💼 asked me how the date was. I turned and told her “I know you are not supposed to say this, but I think I am going to marry her”
I was right and married her in 1986. Been good for us so far.

[dragonvslinux]

https://x.com/naiivememe/status/1841357949484368178?s=46

that's my state, when we dump into mindrust territory every 4 years

we would need to go under 39k this year for me to get stressed bigly

I think mine would be more like sub $25K, but only really based on the "where is this going" and "how long is this massive trading zone going to actually last for", also think it's pretty damn unlikely tbf.

If it weren't for reducing some exposure at the start of the year then I think it'd be the similar if we returned to around $40K... but then again this would be at the 200 Week MA at this point so would be a great long-term buying opportunity as long as you have the dry powder available. Obviously if you don't, then I get how this would be stressful, and I'd feel stressed or frustrated if didn't have enough fiat available for that.

Starting to realise this is the first time in six years I've been more chill about the market overall, sometimes not being 99% exposed is a nice feeling lol. If price reached $100K rather than say $40K next then I can imagine the feelings of greed would kick in with me thinking "why I am not 99% exposed like usual", but I think after a cycle or two you get over this need to have the maximum gain/risk possible.

As for current price, despite the lower highs and lower lows, the current channel over past 6 months looks very stable, even if naturally it's a downtrend, it's super orderly. Kind of reminds me of the $25K to $30K consolidation that also took 6 months before price doubled in value. This could just take another test of the lower bound of support around $50K before popping off higher (assuming we re-test support again for like the 4th time after getting rejected for a 3rd time, ie carry on with same as usual with the current ping-pong between support and resistance). The potential black swan / capitulation event looks more like it'd be around $43K now rather than $30K, given in a week price would have completed 6 months of consolidation, which is looking more and more bullish every month that passes. The main reason being the 200 WMA has moved up from $32K to $40K now, so while the potential for this to act as support remains the same, the support price is now considerably higher than it was 6 months ago.

If anything a return to $30K would more likely signal a much longer-term consolidation (between ~$30K and ~$60K), which wouldn't necessarily be a bad thing even if not immediately bullish. Generally I think this is no time to be sitting on the sidelines with high potential for further upside by the end of the year, but also not necessarily the time to be "all in" at current prices like it was in September/October 2020 when it looked like price was going to explode to the upside before it predictably did. Chances are those of don't have enough coin will load up in the low 50s as they have been for months already, while those who aren't in need of more coins will take average in the low 40s, just because of the low risk / high reward possibilities long-term. If you have more of a 10-year outlook, rather than say 4-year, then maybe you'd be waiting for low 30s instead.

[philipma1957]

https://x.com/naiivememe/status/1841357949484368178?s=46

that's my state, when we dump into mindrust territory every 4 years

we would need to go under 39k this year for me to get stressed bigly

I think mine would be more like sub $25K, but only really based on the "where is this going" and "how long is this massive trading zone going to actually last for", also think it's pretty damn unlikely tbf.

If it weren't for reducing some exposure at the start of the year then I think it'd be the similar if we returned to around $40K... but then again this would be at the 200 Week MA at this point so would be a great long-term buying opportunity as long as you have the dry powder available. Obviously if you don't, then I get how this would be stressful, and I'd feel stressed or frustrated if didn't have enough fiat available for that.

Starting to realise this is the first time in six years I've been more chill about the market overall, sometimes not being 99% exposed is a nice feeling lol. If price reached $100K rather than say $40K next then I can imagine the feelings of greed would kick in with me thinking "why I am not 99% exposed like usual", but I think after a cycle or two you get over this need to have the maximum gain/risk possible.

As for current price, despite the lower highs and lower lows, the current channel over past 6 months looks very stable, even if naturally it's a downtrend, it's super orderly. Kind of reminds me of the $25K to $30K consolidation that also took 6 months before price doubled in value. This could just take another test of the lower bound of support around $50K before popping off higher (assuming we re-test support again for like the 4th time after getting rejected for a 3rd time, ie carry on with same as usual with the current ping-pong between support and resistance). The potential black swan / capitulation event looks more like it'd be around $43K now rather than $30K, given in a week price would have completed 6 months of consolidation, which is looking more and more bullish every month that passes. The main reason being the 200 WMA has moved up from $32K to $40K now, so while the potential for this to act as support remains the same, the support price is now considerably higher than it was 6 months ago.

If anything a return to $30K would more likely signal a much longer-term consolidation (between ~$30K and ~$60K), which wouldn't necessarily be a bad thing even if not immediately bullish. Generally I think this is no time to be sitting on the sidelines with high potential for further upside by the end of the year, but also not necessarily the time to be "all in" at current prices like it was in September/October 2020 when it looked like price was going to explode to the upside before it predictably did. Chances are those of don't have enough coin will load up in the low 50s as they have been for months already, while those who aren't in need of more coins will take average in the low 40s, just because of the low risk / high reward possibilities long-term.

A lot depends on age at 67 with no one in particular to give my not so great fortune away I am more short term for btc to get to the top. Whatever the top may be.

If we dropped to 39k it would be under my buy steps downwards.

I have powder to buy at lower numbers. buy low buys go to 42k at the moment .

Just not sure I would want to set. say 38k 35k 30k as lower steps.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

Oh yeah! The sun unleashed a nice X7 flare in the direction of earth today.  We should have the opportunity to experience the aurora even in the lower latitudes... of course, the speed of the plasma and time of arrival aren't yet known but I have my fingers crossed.

 

let us know when to look maybe I will get lucky and see it.

 I will.  Preliminary estimates I've seen were for Oct 5th but that must be some very slow ejection.  I'm waiting on NOAA for more reliable info.

[AlcoHoDL]

There's only ONE name for this month:

Uptober!

[Lucius]

can't someone nuke the shit out of this whole middle east region? such a bunch of retard countries, unbelievable.

You need to understand (unless your post was ironic): Nukes were not made for making war, they were made to prevent war.

Or we can say that there can be no winner in such a war - literally the entire northern hemisphere would be burned according to all the simulations that exist. If Iraq or Afghanistan had nuclear weapons, they would never have been attacked - just as Russia would not have attacked Ukraine if, after the collapse of the Soviet Union, the US had not exerted enormous pressure on Ukraine to surrender its nuclear weapons. [/size]

Reagan fucked us all back in the 80's with that deal he set up a future war between Russia and Ukraine and here we are. oh well.

I don't know how much Reagan had a hand in it, but the Trilateral Statement was signed in 1994 when Clinton was president. It probably all started much earlier, but when they took nuclear weapons from Ukraine, all it took to start this war was one psychopath who is guided by the ideology "where there is one Russian, there is Russia". Butcher Milosevic had the same tactics when he wanted to create a greater Serbia in 1991 - it was a very similar war to the one being waged in Ukraine, except that Serbia had the green light to attack, and the attacked had sanctions on the import of weapons...


https://www.brookings.edu/articles/the-trilateral-process-the-united-states-ukraine-russia-and-nuclear-weapons/


@OutOfMemory, did you have any luck with the comet?