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

[goldkingcoiner]

Where this dude is @

According to Google AI,

"The image shows a night view of the town of Poonch, located in the Poonch district of Jammu and Kashmir, India. The town is situated in a valley, with the Poonch River flowing through it. The lights of the town are visible against the dark sky and mountains."

Well looks like AI put Homer out of work!

Which one did you use?

 Damn, AI has bested me twice but...
 I asked deepai.org to:
"create a bitcoin-themed, Wall Observer trucker's hat with laser eyes and the words
 "xhomerx10
        is
   obsolete"
silk-screened onto the peak.  Use a white background."

 

 I would just like to say that rumours of my olssiesteness are greatly exaggerated.
 

You are indeed the most olssieste here.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

(Do contractions count as one or two syllables? Asking for a friend)
(Ok nm… already got the answer from that AI pretending-to-know-it-all asshole)

FTFY

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hossain Risfa]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

Nice hourly candle, decent volume. Go bitcoin go(TM)!

[philipma1957]

106 and change is better than 104 or 105.

[blomen]

do not copy/paste. at least give a source, what are you trying to do?

https://x.com/DaanCrypto/status/1929267205553713418

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Again, it becomes hard when losing one's mind to know what's real and what isn't. Is this one real? Sane people. Hello?

[cAPSLOCK]

I was struck again by a thought that I've had so many times over the last 10+ years.  I find it kind of fun that it still amazes me when I see it even a little bit more deeply. I would like to say I've known this from the very beginning of my relationship with Bitcoin, but it took me a while to really get there.

Every single one of us on this forum and frankly on this earth have been born and have grown up in a system that is entirely upside down...  based on debt.

In fact, I believe that the amount of debt that the globe owes to the people who print the money is so large that it is equal to two-thirds of the actual real assets one can own like your land or home or car or the things that you eat or use. Money supply, financial derivatives, so much of our value is really negative value created out of nothing and owed to the person that created it.

But all of that equals your time, each breath you take, each thump of your heart is a little bit of you going out into the world and the things that you do with your time to make the world a better place, your work, your family, your faith, all of the things.

The banking cartels have claims on two-thirds of your breaths.

When you think about the system that man has created, you realize that it mathematically must continue to snowball towards more debt.  And this gives us the illusion that things that we consider that are important like our homes or our health care, maybe our educations, certainly our Bitcoin, are getting more valuable over time.  Everyone in the wall observer forum knows that's not really what's happening. We all know it's really exactly the other way around that the money is getting worth less and less.

But this mindset has invaded my mind so deeply that I can't stop measuring my value ( Bitcoin, land, heartbeats.) by the system that I grew up in.  Leaving that mindset is so hard.

As things are accelerating over the last, I don't know, 20, 30 years, people have begun to say it looks like a "controlled demolition' of the current financial system.

The light bulb that went on for me today is the realization that that is the best case scenario. That the very best that the people who hold the levers for the world system can do is the slowest controlled demolition possible, which is basically the US dollar.  They can't overcome that situation anymore than we could stop the earth from circling the sun.

Bitcoin is not a part of that system. It can invade that system, and it can be (artificially) priced by that system. But it is something completely and totally upside down from that system and arguably has never existed before in practice.

And so many more.people are realizing now that Bitcoin can do nothing other than replace that system over time..

We have a long way to go. We are nowhere close to where we are really going. It's still such a tiny number of people that understand what an absolute black and white change this new protocol is offering the world and not really just offering, but demanding from the world

So, as the price of Bitcoin measured in the old system goes up even more probably over the course of this year or two and then crashes again another 40-50%. And as the idea of a Bitcoin Treasury company burns out because it's only Really an arbitrage play on the two systems.. And then those companies see the rug pulled out from under them.  And as countries try to use things that are adjacent to Bitcoin to create things like stable coins. And we watch that succeed for a period of time. And then just like all the other Old system debt-based things, watch the rug get pulled out from under it again and again...

Those of us who really see what's happening will continue to be in the minority.  for quite some time.

It's humbling really.

Run a node. We have to keep the system decentralized.

[LFC_Bitcoin]

@CryptoJelleNL
BTC has closely followed the global money supply for nearly 1.5 years.

Looks like the next leg higher kicks off soon.

You ready?

https://x.com/cryptojellenl/status/1929817020528283742

[cAPSLOCK]

@CryptoJelleNL
BTC has closely followed the global money supply for nearly 1.5 years.

Looks like the next leg higher kicks off soon.

You ready?

https://x.com/cryptojellenl/status/1929817020528283742

This model, at least over the short term, is going to go down as one of the most accurate models in Bitcoin history. Even if it broke right here, that's crazy.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]