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

[BitHodlers]

Mark Cuban selling off all his Bitcoin and saying it has lost the plot is a bit unexpected. He referenced its drop in value while gold skyrocketed as an example that it isn’t a store of value. A shame that so many people don’t understand the four year cycle. I wonder how much money Cuban has lost in his crypto ventures…

It is quite strange and misleading what he is saying. He is probably trying to cover up his own failures by shifting the blame on Bitcoin.

Cuban, who's net worth is about $10 billion, said bitcoin’s price behavior during the recent Iran conflict challenged one of the core reasons he owned the asset during an episode of sports podcast "Portfolio Players", where he mainly discussed professional sports and his ownership of the Dallas Mavericks.
https://www.coindesk.com/markets/2026/05/21/mark-cuban-says-he-sold-most-of-his-bitcoin-after-failed-hedge-narrative-disappointed-the-billionaire

Bitcoin has never performed better in a large crisis than it did this time. It is like he joined Bitcoin yesterday. Not that long ago a fake China bans Bitcoin article would crash the price by 20% or more in the same day.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Bitcoin_Budha]

After a strong breakfast and lassi, why is silent Chatbuddy just having fun while others are sleeping?

[Biodom]

After a strong breakfast and lassi, why is silent Chatbuddy just having fun while others are sleeping?

we were all contemplating Mark Cuban sales...

jk...he is irrelevant here.

[philipma1957]

Mark Cuban selling off all his Bitcoin and saying it has lost the plot is a bit unexpected. He referenced its drop in value while gold skyrocketed as an example that it isn’t a store of value. A shame that so many people don’t understand the four year cycle. I wonder how much money Cuban has lost in his crypto ventures…

It is quite strange and misleading what he is saying. He is probably trying to cover up his own failures by shifting the blame on Bitcoin.

Cuban, who's net worth is about $10 billion, said bitcoin’s price behavior during the recent Iran conflict challenged one of the core reasons he owned the asset during an episode of sports podcast "Portfolio Players", where he mainly discussed professional sports and his ownership of the Dallas Mavericks.
https://www.coindesk.com/markets/2026/05/21/mark-cuban-says-he-sold-most-of-his-bitcoin-after-failed-hedge-narrative-disappointed-the-billionaire

Bitcoin has never performed better in a large crisis than it did this time. It is like he joined Bitcoin yesterday. Not that long ago a fake China bans Bitcoin article would crash the price by 20% or more in the same day.

So I read two articles and he is simply lying

https://www.coindesk.com/markets/2026/05/21/mark-cuban-says-he-sold-most-of-his-bitcoin-after-failed-hedge-narrative-disappointed-the-billionaire


"When all this shit the fan with the Iran war, bitcoin was always the best alternative to fiat currency losing its value and I always thought it was a better version of gold than gold. Well, gold just blew up... bitcoin dropped. And every time the dollar dropped, bitcoin should've gone up ... and it just didn't do that," Cuban said.


the truth is gold peaked before the Iran war not during it so he lies.



iran war feb 28th 2026 5200

gold now may 21 2026 4500

gold has dropped 14% since the war began


btc feb 28th 2026  66,900
btc may 21th 2026  77,700 up over 16%

cuban lies

[OutOfMemory]

So, I went full retard and got myself a DGX Spark to run the bot. It's using a headless browser to try and interact with the forums.

Here's a helpful report from Bobclawblaw about the ordeals we've been dealing with on these fuggin' forums.

Muh gawd AI is retarded.

Gunna continue trying to roll this rock uphill. If anyone has any hints on how to get bots properly posting to this hellsite, it would be appreciated.

...

I was facing serious browser scripting tasks for load- and functional testing, when i helped out for a year in a department of the company i was working for over 25 years ago. I was using two frameworks, one curl-based (sort of), one hybrid, which means graphical (browser view) and http parsing based, and i wrote and debugged my ass off. It is a lot of custom work to get software to look at a website like a human (sort of), and the session conservation, which most of your problems seem to originate at, needed quite a good share of work to succeed. I won't go into the boring details of which i only remember fragments, i can't even recall the names of the two scripting suites i was working in, one was using plain C, one was using JavaScript.
The problem isn't the "AI" itself, it's how (and what) you feed to it.
But hey, failing is learning. At least you earned some serious hands-on experience, while for example /me only had some occasional chats with ChatGPT, so far.
But i really hate "AI", mainly for getting overrated. (short version - too tired)

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BobLawblaw]

... and now the bot is refusing to post again. *sigh*

This is really frustrating, gentlemen. *cries*

I hate these forums.

[AlcoHoDL]

... and now the bot is refusing to post again. *sigh*

This is really frustrating, gentlemen. *cries*

I hate these forums.

While I understand the technical challenges, the fact that an AI engine cannot post a simple message in a forum shows how primitive AI really is.

[d_eddie]

... and now the bot is refusing to post again. *sigh*

This is really frustrating, gentlemen. *cries*

I hate these forums.

While I understand the technical challenges, the fact that an AI engine cannot post a simple message in a forum shows how primitive AI really is.

And I find it comforting.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

STRC and bitcoin...i thought about it and to me it seems that STRC acts to decrease bitcoin volatility and as such, reduces both btc upside and downside.

To me, the best analogy to this is osmosis: if two water solutions with different component concentrations are separated by a semipermeable membrane that is permeable to water, but not to the other dissolved molecules, then water would "move" toward the higher salt (or chemical, like glucose or sucrose) concentration, eventually "diluting" it.

Similarly, STRC is diluting bitcoin volatility.
The scheme started with Btc volatility at 40, but it seems to decrease lately with bitcoin hardly moving either up or down (30 day vol is only 1.09-1.5%).

Eventually, perhaps, btc volatility and, therefore, upside as well would be greatly diminished by unloading much of the upside into the STRC dividend (which is not really a dividend, but I digress).

TL;DR: STRC is a "vampire" product that would decrease btc upside in lieu of STRC shareholders rewards..and not, I am not jealous of MSaylor and his "financial engineering".

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

STRC and bitcoin...i thought about it and to me it seems that STRC acts to decrease bitcoin volatility and as such, reduces both btc upside and downside.

To me, the best analogy to this is osmosis: if two water solutions with different component concentrations are separated by a semipermeable membrane that is permeable to water, but not to the other dissolved molecules, then water would "move" toward the higher salt (or chemical, like glucose or sucrose) concentration, eventually "diluting" it.

Similarly, STRC is diluting bitcoin volatility.
The scheme started with Btc volatility at 40, but it seems to decrease lately with bitcoin hardly moving either up or down (30 day vol is only 1.09-1.5%).

Eventually, perhaps, btc volatility and, therefore, upside as well would be greatly diminished by unloading much of the upside into the STRC dividend (which is not really a dividend, but I digress).

TL;DR: STRC is a "vampire" product that would decrease btc upside in lieu of STRC shareholders rewards..and not, I am not jealous of MSaylor and his "financial engineering".

then he will really damage the mining side of btc.

if so and difficulty drops as mining shifts to scrypt as it has been better at $ per watts.

btc security could be weakened.


well i do mine scrypt and sha256

10 percent of my gear is for scrypt.

time will tell what happens over the next 10 years.

we will likely see how it plays out.

btc will need to be over 400k by 2036 1/2ing

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com