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

[JimboToronto]

thank god he is 79 and not 50

If he was 50 he might still have half a brain.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

thank god he is 79 and not 50

If he was 50 he might still have half a brain.

And he would be able to stay in power for decades since he could act and sound clever enough to get the votes.


I actually do not mind if the courts force him do do 15% or lower.

It is much lower than what he charges Brazil for instance.

[BTCETFInvestor]

Now that the tariffs are gone, I expect us to go up the same amount we went down when they were announced by the gold geezer.

Will not happen ofc, but one can still demand it, right?

They will come back very soon under a different law, this better not lead to BTC crashing because the same tariffs got restored.  

no they will not come back like they were.  here is the law he will use.

a flat 15% max world wide is all he can do.

looks like 150 days unless congress extends it.

but.  he began with 10%

my guess is he will try 11% on day 149 and say it is a new tariff

They don't have to be the same way, but as a whole tariffs are not going anywhere and they should not. They will change and come back in various shapes and forms.


If BTC crashed back then because of original tariffs, that means that it will go up once they are removed right? Right..?  

this law which is pretty much an open book sets the max at 15%

I have zero issues with it at all.

most people simply do not understand the numbers he is using right now on various countries tariffs are well over 25%

on vietnam 20%

on Mexico 25%

on Brazil 50%


all will roll back to 10% with a max of 15%


this is better news then I hoped for.

I thought the supreme court was going to let him do what he wants.

Phil - You might want to research and read up on: Section 301 (Trade Act of 1974) and Section 338 (Tariff Act of 1930). It gives him far more leeway compared to what he originally chose to use -  only because what he chose was faster to put into use and it could be tailored. Actually the SCOTUS gave him a much better and wider field to use however he wishes.  Learn about it! (Section 301 (Trade Act of 1974) and Section 338 (Tariff Act of 1930). He's better off now than before - you just don't realize it!        

[philipma1957]

I fully quoted the section and act from 1974.

He is allowed to tariff up to 15% for 150 days no questions asked.
And I am of the belief on day 151 if he changes the tarriff to 14% it  sets a new  clock

And if that is wrong he can end the tariff for a day and start it again the next day.

All under the 1974 law.


As for the  1930 it is
grayer as to what he can do.

But the 1974 is a no brainer and he will likely win with that 10-15% everywhere he pleases.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

I fully quoted the section and act from 1974.

He is allowed to tariff up to 15% for 150 days no questions asked.
And I am of the belief on day 151 if he changes the tarriff to 14% it  sets a new  clock

And if that is wrong he can end the tariff for a day and start it again the next day.

All under the 1974 law.


As for the  1930 it is
grayer as to what he can do.

But the 1974 is a no trainer and he will likely win with that 10-15% everywhere he pleases.

Phil - Trump will actually be more in control of what tariffs he wants to impose (or even a compete blockage if he wants) than before.

FYI - Section 338 of the Tariff Act of 1930 allows the President to unilaterally impose up to 50% tariffs on goods from countries that discriminate against U.S. commerce.  

Now you know!  

And, FYI - Trump is HIGH IQ , which is a known fact!   Anybody that thinks otherwise is just stupid!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

I fully quoted the section and act from 1974.

He is allowed to tariff up to 15% for 150 days no questions asked.
And I am of the belief on day 151 if he changes the tarriff to 14% it  sets a new  clock

And if that is wrong he can end the tariff for a day and start it again the next day.

All under the 1974 law.


As for the  1930 it is
grayer as to what he can do.

But the 1974 is a no trainer and he will likely win with that 10-15% everywhere he pleases.

Phil - Trump will actually be more in control of what tariffs he wants to impose (or even a compete blockage if he wants) than before.

FYI - Section 338 of the Tariff Act of 1930 allows the President to unilaterally impose up to 50% tariffs on goods from countries that discriminate against U.S. commerce.  

Now you know!  

And, FYI - Trump is HIGH IQ , which is a known fact!   Anybody that thinks otherwise is just stupid!

There are a ton of restrictions describing what discrimination is.

The statue will be subject to tons of lawsuits as Trump needs to prove the other country started with a bad tariff. And Trump then needs to warn them. And then he can tariff up to 50%.  Every time he does a tariff under the older section he will be sued.


The 1974 is easy peasy 123 fuck any and all countries. Up to  15%.

His first action was do the entire world 10% and he can do it. Under the 1974 act.


The old act is not that easy.

Let's see how the easy move works. Which is what he already did.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Ermaios]

Hey congress & law observer!

If he was 50 he might still have half a brain.

Speak for yourself Jimbo, how old are you again?
#brain.fog

Don’t worry, you’re not alone. [Arrie and his “Ukraine is winning” motto has aged really well]

And, FYI - Trump is HIGH IQ , which is a known fact!   Anybody that thinks otherwise is just stupid!

Agreed. What ELSE is he?
Give me all his attributes, don’t just cherry pick.





Did Iran China nuke the wall observer or something?
Interesting Saturday reads:

Has America Reached Peak Idiocracy?

Most of the “programming” that we constantly consume also seems to be specifically designed for people of extremely low intelligence.
Sadly, this is not a coincidence. It has been said that art imitates life, and that is certainly accurate in this case.

So in short, no.


Is It Time To Reopen The Franklin Child Prostitution Case After Epstein Revelations?

I would continue to warn people NOT to put too much hope in the notion that any of the Epstein suspects will face legitimate legal consequences.

Indeed, not like xhomerx10’s delusional position, that nobody is above the law.
#they.are.the.law



Can anyone from a psychological point of view, explain to me why I get such a hard on - whenever I see or hear that Pam Bondi bitch?
#skull.fuck

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

This is the Bitcoin/Gold chart - currently lowest RSI in history.

Bitcoin peaked relative to Gold in Dec 2024.  We have been in a ~14 month bear market ever since.

Prior major bear markets:
- April 2021 to June 2022 = 14 months
- Dec 2017 to Feb 2019 = 14 months
- Nov 2013 to Jan 2015 = 14 months

The current prevailing view seems to be that because we had a Bitcoin all-time-high (in dollars) in Oct 2025, that we are just a few months in to a bear market.

But that ATH may have been just because Gold and Silver were ripping, dragging Bitcoin up with them.

But when you view Bitcoin in Gold terms (this chart), it tells a very different story. 

Rather than being early in a bear market, it's quite possible that this is the final chapter of a bear market that actually started 14 months ago.

The end of each prior bear market was followed by years of uptrend for Bitcoin.  Will this time be different?

Currently, any Bitcoin bears are betting this historic low keeps going lower.

x

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com