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

[hypebrother]

So, as the Chief Dummy of our little gang, I would like to spend a moment defending myself. Please forgive me and pass by if you don't want to listen to me whine.

As you can see from the quote below, way back at the very beginning of May, I came to a conclusion after having read about the mess that is heating up even still.

My position has become more nuanced and I feel I understand much better what is actually happening and what the ramifications of it are. What I said exactly was I feel like the situation is lose/lose, and probably not a big deal at all.

I still believe that. I am more sure that my gut was right back then and that Bitcoin survives this easily.  And by the way, what I meant by lose lose was that we might just end up in the exact sort of situation we're in right now.  Having to choose between two sides that both have their fair share of bad ideas.  I see the LARGEST problem as social from top to bottom. Not technical, really.

I do not have a super strong position in either direction of this thing.  

My main reason for continuing to run knots on my nodes is to signal that I disapprove of the way the contentious change was handled by the guardians of the reference implementation.

When I started my information dumping here about what I've learned about the argument, people showed up out of the woodwork to really, not make any cogent argument, but just character assassination... calling me names and being derisive and condescending. That has been a hallmark of this argument, which happens, we've seen it before.

But, first of all, that kind of thing is not good information, nor is it an argument. And secondly, it's annoying as hell.

If I continue information dumping, I would like to say as I have from the beginning that this isn't about me or my position and I'm not trying to convince people to take one side or the other. I just think it's good if we can spare the time... to understand the problems we face.

After some contemplation, reading, and a little shitposting I have come to the conclusion that the op_return saga is lose/lose and mostly meaningless.  Probably.

Did you feel that the core developers acted like an oil cartel and shoved the change down all of the worlds btc owners using the move to show they are the bitch that can slap BTC?

Cause it's what they did.  But reality is they have done changes before and will do them again and users even if they own 100k coins may not have a lot of influence over the developers.

Basically I am always a glass half full guy and not a glass half empty.

I also prefer caution over recklessness and the developers could have introduced it differently.

oh BTW (not a pro filter guy at all).

I look forward to the results of the core 30 upgrade.

to those of you with a ton of coins be careful with them. and good luck to all of us we need it.






Hey to those looking to shoot them selves in the head (after reading this) I have a nice 100 year old shot gun you can borrow.  those who know this  know.

i would like to take a look at that shotgun.

[Jostern]

Are you saying that you are ONLY learning something about bitcoin now that you did not know in 2019?

Sure there are frequently regrets about not buying enough bitcoin earlier, and surely when any of us are building our stash, we are (or had been) restricted by how much money we could put together to ongoingly buy bitcoin and/or to stack sufficiently to our knowledge.. so there is always going to be a bit of the dilemma regarding how much to stack based on our just recently coming to know (or figure out) the strength of bitcoin's investment thesis.

The same is likely true today, when there are so many people who are just coming to know bitcoin, but they still choose to either not invest or to take a very whimpy approach to bitcoin accumulation based on presumption (or hope) that the BTC price might drop, yet there is no guarantee that bitcoin's price will drop from our current price ever into the future, so there seems to be a bit of a necessity for anyone who is a no coiner or a low coiner to stack as much bitcoin as he can do now rather than employing a waiting strategy.. and yeah, you notice that I included low coiners.  There are a lot of folks who have been in bitcoin for a long time and still are low coiners, yet they don't know what to do about it (or at least they continue top fail/refuse to recognize that is it remains in their interest to stack bitcoin as aggressively rather than to wait for dips that may or may not end up happening).

I also had my regrets not buying bitcoin back in 2020, but I must say it was due to ignorance back then, but I didn’t allow that to be a challenge for me starting the following year 2021, I previously thought I’m suppose to learn everything about bitcoin before getting started and that was also a factor wasting my time, but unfortunately for me it was quite time wasting while trying to learn everything in 2020, but I realized I couldn’t learn everything at once and it’s better I get started, I think waiting for bitcoin price to drop before investing that is a very lackadaisical move, for me as a pleb buying Bitcoin consistently on a regular basis is the priority always try to buy more bitcoin and stack up bitcoin as much as possible as I can and being more aggressive with stacking bitcoin, instead of waiting for an unprecedented dip or drop in price.

[ESG]

  
  
 I only have this account here, and I have no reason to disagree here with anyone,
 creating accounts for still create more accounts to reinforce my divergence with different              
    words, but same type of point of view with same level of superiority and slanders.

---------------

"Any automated filtering or whatever other bullshit does not work. "

maybe  impossible to explain,,,

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 These guys will have access to the best tools they ll need! !>>>

WikiLeaks V2 "Google may soon become an active participant in the coming cyber wars. And with offensive capabilities. The corporation recently announced that a new cyber division called the “Disruption Unit” will soon be added to Google's structure. This division will counteract malicious actors. But there are important nuances here. The US Congress recently passed the One Big Beautiful Bill, which allocated $1 billion for offensive cyber operations (we reported on this). According to our information, part of the funds and part of the functions in these offensive special operations will be transferred to private companies, including Google. What will the enormous technical resources, legal department, global network of partners from different countries, and huge amount of intelligence data created by the company as part of the “Disruption Unit” cyber division be used for?"(...)

...
#*
https://www.congress.gov/bill/119th-congress/house-bill/1/text
-----
#*

Offensive Cyber Budget

That will have defense contractors, whether they’re legacy players like Booz Allen Hamilton and Raytheon or startups hoping to disrupt the market, salivating. AI companies may also be getting excited, given the recent announcement that a slew of major providers are now working with the defense department, including Anthropic, OpenAI and Elon Musk’s xAI, each getting contracts worth up to $200 million.

---

......than...


 s= https://www.ic3.gov/PSA/2025/PSA250226


....than....

Tiny images are not worrying, but great images... it's worrying, at this point in the championship, seeing security measures being implemented would be better....Having disrespectful images on the network, would attract not only legal attacks...

r/CryptoCurrenc - givememyhat "WOW for the first time a video was uploaded on the Bitcoin blockchain today. If you are not following BSV developments you are missing out on amazing stuff like this! Bitcoin's unrealised potential is finally being captured by removing all artificial limits added by incompetent devs in btc and bch."

*BCH in this case

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[wachtwoord]

Lol of course I support Luke in this. Anyone that understands bitcoin would and should. Luke saved the bacon in the blockchain wars too.
 
His other crazy takes outside of bitcoin don't affect he's always right when it comes to bitcoin.

You haven't learned the basic lesson of Bitcoin then. Again you are worshiping people and creating another "Jesus".  I guess you are interested in participating in the CSAM review committee too?  

No I'm not I said someone is correct about something. Meanwhile you were using ad hominems to "win" your point claiming someone is defacto wrong simply for being on the same side of the argument as Luke.

You are suffering from projection sir.

[Hottiek]

Lol of course I support Luke in this. Anyone that understands bitcoin would and should. Luke saved the bacon in the blockchain wars too.
 
His other crazy takes outside of bitcoin don't affect he's always right when it comes to bitcoin.

You haven't learned the basic lesson of Bitcoin then. Again you are worshiping people and creating another "Jesus".  I guess you are interested in participating in the CSAM review committee too?  

No I'm not I said someone is correct about something. Meanwhile you were using ad hominems to "win" your point claiming someone is defacto wrong simply for being on the same side of the argument as Luke.

You are suffering from projection sir.

 See, this is exactly how I feel... I admit I am not informed enough to spew my opinion here... But I thank Caps for bringing it to my attention. That being said, before I did a minute of research, I was disgusted by the way Satofan presented his view and used simple argumentative tactics to try and railroad his point across. I am not even sure I am against what he is saying, but I am 1000% against the way he said it.

 Back on topic or anti-topic I am so glad I stopped checking the price... Too much time wasted on things that really don't matter. I am not even sure about shaving some off at 145k; there is no reason to start at these prices... I waited over a decade. I realize not much will change if I have to wait another!!! (I won't, but point stands.) That being said, with the way things are going here in the ole USA, I am not sure if I should shave anything off... I am ready for my ranch/lake (maybe a ranch on the lake!!!) But there's a serious chance I might want to relocate (but where?). As I have hopefully quite a few years left (just hit midlife), I guess the real scare of waiting around another decade is what any of us will have when that time comes. Can't enjoy retirement in the apocalypse. I have no children and don't plan on it. No one helped me get here (well, except you guys), so whenever I do sell, I am not sure I will even be able to spend it all anyway. I will admit it's a great problem to have, as you guys know about the Bridge I should be under!!! 
I made it through Sept and almost through Oct. I hope Nov is my month!
K 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Lol of course I support Luke in this. Anyone that understands bitcoin would and should. Luke saved the bacon in the blockchain wars too.
 
His other crazy takes outside of bitcoin don't affect he's always right when it comes to bitcoin.

You haven't learned the basic lesson of Bitcoin then. Again you are worshiping people and creating another "Jesus".  I guess you are interested in participating in the CSAM review committee too?  

No I'm not I said someone is correct about something. Meanwhile you were using ad hominems to "win" your point claiming someone is defacto wrong simply for being on the same side of the argument as Luke.

You are suffering from projection sir.

I would say WE are the ones suffering from his projection, but otherwise, yes.

[BitHodlers]

What is going on here? Are you all too old for memes?

Users posting here these days..



Old man yells at Knots and old man yells at Core? 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Ermaios]

Are you my alt?

Of course not, but let’s say that you resemble/remind me of a btlk user that I appreciate.

I recently just upgraded to Core 30, what about you?

When I get my raspberry up and running again, it will be on the latest Core without a doubt.

Yeah, I think you nailed it.

Really??
I think you should upgrade all nodes to Core 30 pronto.

One of the things that life has been teaching me the last many years is trying not to worry too much about the stuff you can't control.  

And just when I thought it couldn’t get any worse…

But there is no need to insult WO members.

I … strongly disagree, I think it is absolutely necessary.

~ snip~

Homer … dude … I’m intrigued about this aurora habit that you’ve picked up recently - I mean, what more could I ask for!

I would say WE are the ones suffering from his projection, but otherwise, yes.

But but, is that a royal “we”?
Perhaps the resident fuckbot can confirm.

[bitserve]

What is going on here? Are you all too old for memes?

Users posting here these days..



Old man yells at Knots and old man yells at Core?  

I would yell at both... but I am too old for this shit.

[BobLawblaw]

When I started my information dumping here about what I've learned about the argument, people showed up out of the woodwork to really, not make any cogent argument, but just character assassination... calling me names and being derisive and condescending.

Quoted 'cuz I wanted to go off on some unhinged shit-posting rant about you, but just could not muster the desire or energy.  

I'm still running Core v29.1 as my wallets for the foreseeable future, but decided to upgrade my Umbrel to the latest Core v30 with the following custom config.

datacarriersize=83

Not touching Knots because I have a deep hatred of Luke Dash Jr since back in the Coiledcoin/Eligius days.

The guy is not right in the head to say the least.

But there is no need to insult WO members.

I … strongly disagree, I think it is absolutely necessary.

OK retard.

[cAPSLOCK]

Wow! I think we ended up with more than one sock puppet from the same idiotic person.

[cAPSLOCK]

When I started my information dumping here about what I've learned about the argument, people showed up out of the woodwork to really, not make any cogent argument, but just character assassination... calling me names and being derisive and condescending.

Quoted 'cuz I wanted to go off on some unhinged shit-posting rant about you, but just could not muster the desire or energy. 

Don't tease like that. You got me all breathless and excited and then just dropped it.

I'm still running Core v29.1 as my wallets for the foreseeable future, but decided to upgrade my Umbrel to the latest Core v30 with the following custom config.

datacarrier=0
datacarriersize=83

Legit.

Not touching Knots because I have a deep hatred of Luke Dash Jr since back in the Coiledcoin/Eligius days.

The guy is not right in the head to say the least.

Reasonable. Understandable. I feel like we've been having to choose between stupid and crazy.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

Strategy is now hodling 640,808 BTC!

► https://finance.yahoo.com/news/michael-saylor-strategy-buys-390-123051477.html

Michael Saylor says Bitcoin is going to $1 million sooner than you think in this video below.

Says it looks like Bitcoin will likely hit $168k by end of year. 


https://youtu.be/ADQa7VBhQHQ

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

[edited out]    .......Hey to those looking to shoot them selves in the head (after reading this) I have a nice 100 year old shot gun you can borrow.  those who know this  know.

i would like to take a look at that shotgun.

It is not that bad hypebrother.  Just figure out your position size and whether you need to change what you have already accumulated or what you plan to accumulate.

Each of us has to figure out the extent to which any of the latest internal drama affects our assessment of the strength of bitcoin's investment thesis.

As you likely realize I have frequently considered that when it comes to bitcoin, the question tends to be how much? rather than whether?  And, even with recent current drama, I don't see any need to change the question.  Of course, from my perspective, if your investment timeline in regards to bitcoin is shorter than 4 years then you would likely be a trader rather than an investor.

Are you saying that you are ONLY learning something about bitcoin now that you did not know in 2019?

Sure there are frequently regrets about not buying enough bitcoin earlier, and surely when any of us are building our stash, we are (or had been) restricted by how much money we could put together to ongoingly buy bitcoin and/or to stack sufficiently to our knowledge.. so there is always going to be a bit of the dilemma regarding how much to stack based on our just recently coming to know (or figure out) the strength of bitcoin's investment thesis.

The same is likely true today, when there are so many people who are just coming to know bitcoin, but they still choose to either not invest or to take a very whimpy approach to bitcoin accumulation based on presumption (or hope) that the BTC price might drop, yet there is no guarantee that bitcoin's price will drop from our current price ever into the future, so there seems to be a bit of a necessity for anyone who is a no coiner or a low coiner to stack as much bitcoin as he can do now rather than employing a waiting strategy.. and yeah, you notice that I included low coiners.  There are a lot of folks who have been in bitcoin for a long time and still are low coiners, yet they don't know what to do about it (or at least they continue top fail/refuse to recognize that is it remains in their interest to stack bitcoin as aggressively rather than to wait for dips that may or may not end up happening).

I also had my regrets not buying bitcoin back in 2020, but I must say it was due to ignorance back then, but I didn’t allow that to be a challenge for me starting the following year 2021, I previously thought I’m suppose to learn everything about bitcoin before getting started and that was also a factor wasting my time, but unfortunately for me it was quite time wasting while trying to learn everything in 2020, but I realized I couldn’t learn everything at once and it’s better I get started, I think waiting for bitcoin price to drop before investing that is a very lackadaisical move, for me as a pleb buying Bitcoin consistently on a regular basis is the priority always try to buy more bitcoin and stack up bitcoin as much as possible as I can and being more aggressive with stacking bitcoin, instead of waiting for an unprecedented dip or drop in price.

That means that you largely started getting serious about bitcoin and stacking in 2021?  That wouldn't be bad since you would have a whole cycle of stacking.. and sure, there still might not have had been enough time to really get enough bitcoin.  For an overwhelming majority of normal people, it can take a long time to stack a decently-sized bitcoin stash, even once any of us might decide that we are going to be serious about such bitcoin stacking. 

It seems to me that an overwhelming majority of normal people are not really able to stack from other investments (since they don't tend to have liquid asset investments at their disposal), so most normal people tend to be stuck in a situation in which they have to decide how much of their regular income (or extra cashflow and/or discretionary income), they are going to be able to put into bitcoin on a weekly-ish basis (or whatever the timeframe for the incremental injections of cash).

Surely there continue to be new folks coming to bitcoin, so anyone who has four years of stacking under their belt are going to be in a much better position as compared with those sho are just getting started now... yet each of us has to start somewhere, so i am not purposefully trying to denigrate anyone who is just getting started merely based on the fact that they are just getting started... sometimes we figure things out when we do.. and we cannot go back into the past.. so we have to start from now.

I have frequently brought up an example of a friend of mine who had gotten started in around mid-2021, and I had recommended such friend to start with $100 per week, even though I am pretty sure that such friend could have had invested with even more, and my friend started with ONLY around $50 per week and I think that my friend ended up selling most if not all of the accumulated bitcoin in around mid 2023.. so yeah, there are a lot of ways that normies can screw up, even if they start out with some potentially correct ideas of accumulating bitcoin.   If my friend had stuck with $100 per week then maybe by now he would have had invested around $23k and would have had accumulated about 0.6 BTC.. which surely would be a great place to be right now...even though maybe another cycle or two might still be necessary, the base of the investment into bitcoin could have had been started with around 1 cycle under the belt.

Lol of course I support Luke in this. Anyone that understands bitcoin would and should. Luke saved the bacon in the blockchain wars too.
 
His other crazy takes outside of bitcoin don't affect he's always right when it comes to bitcoin.

You haven't learned the basic lesson of Bitcoin then. Again you are worshiping people and creating another "Jesus".  I guess you are interested in participating in the CSAM review committee too?  

No I'm not I said someone is correct about something. Meanwhile you were using ad hominems to "win" your point claiming someone is defacto wrong simply for being on the same side of the argument as Luke.

You are suffering from projection sir.

I would say WE are the ones suffering from his projection, but otherwise, yes.

"We" only suffer if "we" let it bother us, and surely I am having some difficulties with the supposed distinction between consensus changes and policy changes which I gather if the change is so minor and immaterial, then there is no need to go through a process of approving the change, it can just go in willy nilly and without review..

Yet if the change is more substantial, then it would need to go through consensus approval.. ... so Core seems to be hinging part of their flippantness  about the whole matter to relate to the change being so insignificant as to not matter, so then there comes a question regarding threshold.. ..

I can see like spelling changes or something like that.. and in this case there is a change in the way the default product supposedly works, yet the original way it works can just be toggled back in, even with version 30.. I don't claim to really get it, at least not yet.  maybe it will sink in with the passage of time..

and by the way, in that little video debate that fillippone attached a page or two back, I did think that what the core dev side was saying made more sense than what the knots side folks were saying, yet Peter Todd and Jameson Lopp were still seeming to be too dismissive in regards to the concerns of the knots side and in several of the things that they were saying in support of core v. 30..... so still a bit difficult to get a resolution of the matter by listening (watching) the two sides engage in their own various ad hominems.

[Searing]

As an aside...the problem with knotts is..."once" you make it known that 'illegal' stuff on the blockchain has something to do with what bitcoin code is doing

it is exactly like saying that the internet can get sued by content...a slippery slope....best in whatever scenario wins this is NOT brought up at all....but too

late I guess will be used to 'control' btc blockchain content as a plan by politician's and others from this point on

remember I know zip..just saying the 'premise' is flawed......you don't shut off the river because trash is dumped into it...

(don't beat me up here too badly...I'm old, bored and likely clueless) anyway what first pop'd into my head on all this angst going on