Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 238. (Read 26498538 times)
September 11, 2024, 09:01:15 AM
September 11, 2024, 08:01:16 AM
September 11, 2024, 07:01:19 AM
September 11, 2024, 06:01:15 AM
September 11, 2024, 05:01:15 AM
September 11, 2024, 04:38:38 AM
No Positive price change untill it Crashes to 7k.
September 11, 2024, 04:12:36 AM
No Positive price change untill it Crashes to 7k.
September 11, 2024, 04:01:25 AM
September 11, 2024, 03:01:16 AM
September 11, 2024, 02:40:59 AM
Second, regarding the "crypto" ownership chart, I am not really sure of 1) the meaning of crypto, 2) the source for the chart and 3) how are they defining ownership (I would imagine that there is a threshold level of ownership to count as an owner or as a past owner).
This little graphic may have originated at some exchange or from aggregated data from a couple of exchanges?
I found this one, seems to show more realistic figures, and there are links to source reports (at a fist glance, i'm still checking this out ATM).
https://www.triple-a.io/cryptocurrency-ownership-data
And yeah, it's "crypto" (the shadow of Bitcoin), again
Though I expected my country's own to be higher but checking view report they did some homework.
I guess this is the closest they could go since finding near accurate data in Cryptocurrency owners is nigh impossible.
September 11, 2024, 02:01:16 AM
September 11, 2024, 01:07:38 AM
Second, regarding the "crypto" ownership chart, I am not really sure of 1) the meaning of crypto, 2) the source for the chart and 3) how are they defining ownership (I would imagine that there is a threshold level of ownership to count as an owner or as a past owner).
This little graphic may have originated at some exchange or from aggregated data from a couple of exchanges?
I found this one, seems to show more realistic figures, and there are links to source reports (at a fist glance, i'm still checking this out ATM).
https://www.triple-a.io/cryptocurrency-ownership-data
And yeah, it's "crypto" (the shadow of Bitcoin), again
September 11, 2024, 01:01:19 AM
September 11, 2024, 12:34:06 AM
But hey no worries, Apple is here to save us all with new product announcements! A new iPhone 16 somethingbillion on the way! Oh yay!
I wonder how that Apple Vision Pro VR headset is selling...like hot cakes I bet. /s
I doubt anybody who owns IPhone 4s are still using it
But people still using Bitcoin.
Sigh
I still use my iPhone 4S every day. I've had to change the battery twice and most of the apps complain they require an update but on attempting an update, I'm informed that my current version of iOS needs to be upgraded which of course is impossible since Apple doesn't support their hardware beyond whatever arbitrary date they decide it has become obsolete. The browser works but many sites no longer display properly; HackerNews still shows up fine though. Candy Crush finally died a couple of months back and it will only prompt me to update now which I cannot do so while tptb are trying their damnedest, I am not deterred. I just switched to Bejeweled for entertainment. Mostly I use it to listen to my buddy George Noory on talk radio when I can't sleep - fortunately, the TuneIn Radio app still works fine and without ads. Okay, it's not perfect but it's good enough.
Why did you get an iPhone 4S for more than 150 bitcoin while the XS 'only' costs you 0.15? That is the problem with these Bitcoin OGs, they completely lost touch with reality.
September 11, 2024, 12:02:57 AM
In the End, nobody cares about corn:
We are so early, gents.
We are so early, gents.
September 11, 2024, 12:01:17 AM
September 10, 2024, 11:45:36 PM
JUST IN. Bitwise chart shows #Bitcoin historically pumps in price after being down in September 
Bullish 
Bullish September 10, 2024, 11:27:18 PM
If you don't want your minds blown don't google retrocausality or superdeterminism.
Is like saying "Don't press the Red Button"
We all know how it ends.
P. S Retrocausality got me hooked since it was relatively easy to grab than suoerdeterminism.
September 10, 2024, 11:01:23 PM
September 10, 2024, 10:51:49 PM
What's up with the LHC talk?
I thought it restarted more than 2 years ago.
I don't know what is LHC talk or what it has to do with this thread.I thought it restarted more than 2 years ago.
QED
They call it a "Mandela" effect...but among situations depicted below I only distinctly remember comedian Sindbad playing genie in a movie called Shazam (or Shazaam) in the 90ies, but, apparently, it NEVER happened.
https://getpocket.com/explore/item/10-examples-of-the-mandela-effect
There is a nice flick about it (or something like that)... "Yesterday".
The vid is a bit long, but you would get an idea:
https://www.youtube.com/watch?v=y_AsBG6Br4E
I did not know about that movie, but it surely seems like an interesting premise.. and even the clip was interesting too...
No reason iphone cant get cheaper every year, they updated and improved it but not enough to increase the price like they have. Prices do fall in a proper currency, technology is certainly deflationary due to its rate of growth but we dont have that scenario we got a trash currency and everything goes up. Kudos for holding onto the old iphone, seems wrong to throw away working tech especially when some of the people involved in production had limited freedom available. One bright spot is new sources for cobalt and also alternatives in battery tech should be a big deal.
Hedonics is an interesting play by government to allocate improvement as a counter to price inflation, justifying and adjusting the real figures. You arent poorer, you just need to work more hours to buy the same things
https://www.investopedia.com/terms/h/hedonicpricing.asp
https://www.gisreportsonline.com/r/cpi-inflation/
Basically what I thought was happening though its pretty slow, even while price varys the underlying baseline growth for BTC is good. Ideally every country reaches a point where the majority own or have owned BTC and we keep seeing that basic involvement improve.
Highs of yesterday and today are the price we need to beat to really stay positive near term. It was also the low for most of last month etc.
Hedonics is an interesting play by government to allocate improvement as a counter to price inflation, justifying and adjusting the real figures. You arent poorer, you just need to work more hours to buy the same things
https://www.investopedia.com/terms/h/hedonicpricing.asp
https://www.gisreportsonline.com/r/cpi-inflation/
Basically what I thought was happening though its pretty slow, even while price varys the underlying baseline growth for BTC is good. Ideally every country reaches a point where the majority own or have owned BTC and we keep seeing that basic involvement improve.
Highs of yesterday and today are the price we need to beat to really stay positive near term. It was also the low for most of last month etc.
First, you make several good points in regards to technological improvements causing the actual costs of a lot of things to go down, yet of course, we have a lot of deceptive measures. Anyone following any of the work of Jeff Booth will likely have been exposed to those kinds of ideas and also recognition of the traps and tricks involved in our measuring within a system designed to deceive us.
Second, regarding the "crypto" ownership chart, I am not really sure of 1) the meaning of crypto, 2) the source for the chart and 3) how are they defining ownership (I would imagine that there is a threshold level of ownership to count as an owner or as a past owner).
Surely we are really only interested in bitcoin in this thread, yet surely since crypto is being thrown around at least it would be helpful to figure out how the chart creator might have been defining what is a "crypto," and surely bitcoin is included in there, and maybe some of the various shitcoins might not matter too much, even if involvement in shitcoin might end up being a gateway into bitcoin. Perhaps.
I have a hard time believing those numbers to be accurate, such as suggesting that in the USA that 21% of the population currently owns bitcoin and that 35% had at one time owned bitcoin.. a bit unbelievable as a number... but at least it might be good to hear about how the numbers have been derived and perhaps even price threshold to be considered as a "crypto" owner, maybe $10 or more worth, which surely many of us would consider to be nearly meaningless?.. yet I would hate to be too elite on the topic either.. so maybe $100 or $200 might not be a bad beginning threshold, even those are quite small amounts too... . Third party custody seems acceptable, even though many of us more experienced bitcoiners know that it can be quite problematic to attempt to assert that we have the same kind of ownership rights by having our coins held with third parties, yet at the same time, I personally suggest that beginners start with buying BTC on an exchange or getting BTC price exposure and work their way into actually directly holding their coins.. and surely, any of us should recognize that there is a certain level of complicatedness in regards to holding your own coins, too.
I do agree with your overall point regarding increased involvement in bitcoin (and perhaps even shitcoins, even though shitcoins have their ways of being a distraction) is likely our ongoing trend, and so likely even within the increased involvement and/or adoption, we get more stickiness in regards to new entrants learning about bitcoin and staying with bitcoin. perhaps even setting some bitcoin in "cold storage," and knowing why they are deciding to put some bitcoin in cold storage.. and maybe even thinking in financial sovereignty kinds of ways.
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