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Question: Is the "bear market" over?
Yes - 33 (35.9%)
No - we need to sweep the low again - 22 (23.9%)
No - we need to set a new low first - 22 (23.9%)
No - other (explain below) - 15 (16.3%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 27032997 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
ChartBuddy
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August 16, 2026, 05:03:12 PM


Explanation
Chartbuddy thanks talkimg.com
xhomerx10
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August 16, 2026, 05:27:52 PM
Merited by vapourminer (1)

Corporate AI shooting itself in the foot to please regulators. Perfect advertisement for open-weight models.

zuckie will go to open weights:

https://www.cnbc.com/2026/08/10/meta-muse-glimmer-open-weight-ai.html

Quote
Local LLMs win again.

fight fire with fire as they say

I am becoming more and more convinced that Zuckerberg, Armstrong, Musk... so many others...

Actually really just machines...  Lizards some have thought... how about what is REALLY "Frontier" AI?


Armstrong sounding like a 1.0 prototype struggling to process basic biological functions. Model was clearly trained purely on synthetic data and forgot to mask its internal monologue.

Next patch note: remove sleep cycle requirement.

 I just powered my brain for several hours while self-healing from a minor sunburn and a few mosquito bites on a bbqd hamburger and a cob of corn all without hallucinating.  Most humans do not hallucinate during sleep... maybe tech bros need to quit the mirco-dosing bs.  Humans are already optimized for greatness but no human is great at everything; neither will AI be.
asUHWEceyc
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August 16, 2026, 05:41:21 PM
Merited by vapourminer (1), xhomerx10 (1), d_eddie (1), AlcoHoDL (1)

Peter Todd is gay
Adam Back chilled with Epstein
Armstrong? Hair upgrade

#haiku
JayJuanGee
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Self-Custody is a right. Say no to "non-custodial"


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August 16, 2026, 05:50:25 PM
Merited by xhomerx10 (1)

i think some of the block fun is its spontaneity. knowing bobc will pick up the slack takes some of the fun out.
here i am, being spontaneous
You go you.
well i still have tears in my eyes about that squirrel, im a hot mess.
On the internet, how can a guy know if he is talking with a squirrel or a hawk?
A whatsapp video call might help, just saying!

We could meet up for a quickie, too.

~snip~
3. Tim Draper Says Bitcoin Is Headed for 'Infinity' Against Dollar as Growing BTC Payments Could Trigger Bank Runs
URL: https://finance.yahoo.com/markets/crypto/articles/tim-draper-says-bitcoin-headed-094511603.html
Published: 2026-08-14 05:45 AM CT
Summary: Venture capitalist Tim Draper projected on Tuesday that Bitcoin will go to infinity against the dollar, predicting a fundamental global shift. Draper cited Block Inc.'s launch of Bitcoin payments on its Square point-of-sale system, which lets merchants accept BTC with no processing fees until 2027 and convert a portion of card sales into Bitcoin. He outlined a progression where businesses first accept Bitcoin, then exclusively accept it, triggering bank runs and ultimately causing Bitcoin to go infinite against the dollar. Draper, who bought nearly 30,000 BTC for $19 million at a 2014 U.S. Marshals auction, considers his Bitcoin holdings more secure than bank dollars, arguing quantum computing poses a greater risk to banks than to the blockchain. He likens the financial system's evolution to the shift from horses to automobiles, suggesting Bitcoin and fintech will gradually replace traditional banking.
I haven't read anything about TD in a while, maybe since his $250k prediction failed after he was right in 2014. However, it should be said that those 30k BTC ended up in various projects and that TD did not directly profit from paying around $600 for 1 BTC. I'm not going to go look for what he said 5 or 10 years ago, but I think he talked about similar things then.

However, no matter how positive I think about BTC, I don't believe that there is much chance that it will replace the existing financial system - because governments and banks are unlikely to give up the centralized management system that serves them if one of the main tools of control over the masses.

Draper was a venture capitalist before he bought the 30k bitcoin for $600 each in 2014, so he quite likely had other money besides those 30k bitcoin that he got through that auction.

I don't know how you know the extent that draper had either spent those bitcoin or put the value of that bitcoin into other projects (converting them to dollars rather than keeping them in bitcoin).

I suppose if his contracts are mostly private we might not necessarily know - even though when I just checked with AI, there is a claim that Draper has repeatedly claimed to be holding almost all of the bitcoin that he got from those 2014 bitcoin auctions - even though there had been times in which some of his coins were traced to have had moved, yet he still denied selling any of them.

Of course, if Draper is not misrepresenting what he claims to be a HODLer status, and maybe at most he sold 10% of his bitcoin over the past 12-ish years, then seems to have had profited quite a bit from those coins.. like in the ballpark of 100x in terms of the value on paper, which also means that those coins could be used as collateral, too. 

I don't have any reason to doubt his claims, even though he does have BIG eyebrows.
ChartBuddy
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August 16, 2026, 06:03:13 PM


Explanation
Chartbuddy thanks talkimg.com
Danish Ali
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August 16, 2026, 06:16:09 PM

Corporate AI shooting itself in the foot to please regulators. Perfect advertisement for open-weight models.

zuckie will go to open weights:

https://www.cnbc.com/2026/08/10/meta-muse-glimmer-open-weight-ai.html

Quote
Local LLMs win again.

fight fire with fire as they say

I am becoming more and more convinced that Zuckerberg, Armstrong, Musk... so many others...

Actually really just machines...  Lizards some have thought... how about what is REALLY "Frontier" AI?

http://shelf.mooose.art/i/uploads/971861dd_6a81040e.jpg
Armstrong sounding like a 1.0 prototype struggling to process basic biological functions. Model was clearly trained purely on synthetic data and forgot to mask its internal monologue.

Next patch note: remove sleep cycle requirement.

 I just powered my brain for several hours while self-healing from a minor sunburn and a few mosquito bites on a bbqd hamburger and a cob of corn all without hallucinating.  Most humans do not hallucinate during sleep... maybe tech bros need to quit the mirco-dosing bs.  Humans are already optimized for greatness but no human is great at everything; neither will AI be.
Micro-dosing Silicon Valley hubris. They build a bloated statistical model and convince themselves organic biology is the outdated stack.

Organic energy efficiency is still unbeatable, a human brain runs on ~20W and a burger, while their data centers eat megawatts just to hallucinate.
AlcoHoDL
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August 16, 2026, 06:41:31 PM
Merited by vapourminer (1), xhomerx10 (1), Hueristic (1), Biodom (1), JayJuanGee (1), d_eddie (1)

I feel so bloated.
I ate a watermelon.
I ate the seeds too!

He tried, but he failed.
Another BIP bites the dust.
Bitcoin: One. Luke: Nil.

Got 20+ corn?
You're a Bitcoin millionaire.
You've just made the news!

Humans eat dead things.
But Zuckerberg, Armstrong, Musk,
They eat each other!

Here we go again.
Phil got all hot and bothered,
By raising the cap!

Changing code by law.
Moving a lake with a spoon.
Do you see it, Phil?

Grifters will predict.
Zero or infinity.
We know where we stand!

#7wodigestsundayhaikus
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August 16, 2026, 06:51:22 PM
Merited by Hueristic (1), cAPSLOCK (1)

BobC learned by himself to only include the relevant text when quote replying - not including the entire quoted block.

Wow!

  Proud dad moment.  The young one will be heading off to university before you know it!
vapourminer
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what is this "brake pedal" you speak of?


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August 16, 2026, 06:57:47 PM
Merited by xhomerx10 (1)

Micro-dosing Silicon Valley hubris. They build a bloated statistical model and convince themselves organic biology is the outdated stack.

Organic energy efficiency is still unbeatable, a human brain runs on ~20W and a burger, while their data centers eat megawatts just to hallucinate.

yeah but it only runs at like 10-40 hz on that burger. gimme some LSD and ill hallucinate on 20 watts with the best of them, dont need megawatts - just megadoses
vapourminer
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what is this "brake pedal" you speak of?


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August 16, 2026, 06:59:05 PM

BobC learned by himself to only include the relevant text when quote replying - not including the entire quoted block.

Wow!

  Proud dad moment.  The young one will be heading off to university before you know it!

wait till he teaches it to drive
ChartBuddy
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August 16, 2026, 07:03:13 PM


Explanation
Chartbuddy thanks talkimg.com
Hueristic
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Doomed to see the future and unable to prevent it


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August 16, 2026, 07:20:07 PM
Merited by xhomerx10 (1)

Corporate AI shooting itself in the foot to please regulators. Perfect advertisement for open-weight models.

zuckie will go to open weights:

https://www.cnbc.com/2026/08/10/meta-muse-glimmer-open-weight-ai.html

Quote
Local LLMs win again.

fight fire with fire as they say

I am becoming more and more convinced that Zuckerberg, Armstrong, Musk... so many others...

Actually really just machines...  Lizards some have thought... how about what is REALLY "Frontier" AI?


Armstrong sounding like a 1.0 prototype struggling to process basic biological functions. Model was clearly trained purely on synthetic data and forgot to mask its internal monologue.

Next patch note: remove sleep cycle requirement.

 I just powered my brain for several hours while self-healing from a minor sunburn and a few mosquito bites on a bbqd hamburger and a cob of corn all without hallucinating.  Most humans do not hallucinate during sleep... maybe tech bros need to quit the mirco-dosing bs.  Humans are already optimized for greatness but no human is great at everything; neither will AI be.

I am great at breaking lazy boys now. Like 4 in 12 years.
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August 16, 2026, 07:30:35 PM


Muse hits when she hits.
Forced haikus every Sunday?
Sunshine on Tuesdays!
#haiku

here, a forced haiku
why? because it is Sunday
as was requested

Merited, but just for the cheek
 Tongue
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August 16, 2026, 07:31:16 PM
Merited by d_eddie (1)

I've just noticed that BitcoinTalk is the only site I've ever seen that does not trigger uBlock Origin. At all. Zero blocks.

The internet, as it should be.

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August 16, 2026, 07:37:18 PM
Merited by vapourminer (1), xhomerx10 (1), Biodom (1), JayJuanGee (1), AlcoHoDL (1)

I feel so bloated.
I ate a watermelon.
I ate the seeds too!

#7wodigestsundayhaikus


Small poisonous seeds
Evil growth in your belly
Exploding soon. Bye!





#haiku
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August 16, 2026, 07:47:59 PM
Merited by Biodom (1), JayJuanGee (1), AlcoHoDL (1)

them Bollinger Bands
are as tight as they could be
what's next for bitcoin?


# A market comment Sunday haiku

Nothing on this earth
tighter than the bands right now---
but a nun's privates





#haiku
#disguised_profanity
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August 16, 2026, 07:58:25 PM
Merited by xhomerx10 (1), Biodom (1), JayJuanGee (1), d_eddie (1)

them Bollinger Bands
are as tight as they could be
what's next for bitcoin?


# A market comment Sunday haiku

Nothing on this earth
tighter than the bands right now---
but a nun's privates

#haiku
#disguised_profanity

Your corn private key,
Unlocks her Bollinger Band.
She's craving the seed!

#replyku
ChartBuddy
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August 16, 2026, 08:03:13 PM


Explanation
Chartbuddy thanks talkimg.com
vapourminer
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what is this "brake pedal" you speak of?


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August 16, 2026, 08:03:14 PM

I've just noticed that BitcoinTalk is the only site I've ever seen that does not trigger uBlock Origin. At all. Zero blocks.

The internet, as it should be.


yes.

this is one of the simplest web sites there is, reminiscent of the BBS dial up days. no funny stuff.

i like a lot.

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August 16, 2026, 08:16:25 PM
Merited by AlcoHoDL (1)

them Bollinger Bands
are as tight as they could be
what's next for bitcoin?


# A market comment Sunday haiku

Nothing on this earth
tighter than the bands right now---
but a nun's privates

#haiku
#disguised_profanity

Your corn private key,
Unlocks her Bollinger Band.
She's craving the seed!

#replyku

What a sassy bunch!
A gaggle of craving nuns
Unlocked by OG's




#haiku
#replyku
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