Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3480. (Read 26713001 times)

This flat sideways movement feels a bit like the sideway movement after the dump Dec. 2018.

Back then, we went sideways over 3.5 months.  ...If we were to repeat that, we won't go up until Sep.


In 2015 it was relatively flat almost 8 months, which would lead us to Jan. 2023.     .... gaaawd...

But I doubt we have a bear market sideways that long.  Too much going on macro-wise.


Anyways brace for it  ...it could be a very boring Bitcoin summer...   

Explanation

Explanation

That's because it's called the Crypto Fear & Greed Index. Ideally there would be a Bitcoin one though.



Source: https://alternative.me/crypto/fear-and-greed-index/

(For some reason this account has appropriated it as a Bitcoin index, not sure why)

If you're not planning to hold Bitcoin for four years, you're not really an investor.

Source: https://twitter.com/BitcoinMagazine/status/1533424473042452481

Explanation

Sir, I am damn sure about this that this assets problem will be fixed soon as you know the solution is already here but for now, world leaders are unable to accept it but due to public pressure they need to accept sooner or later and it will be accepted as now everyone is considering it. Its BTC and WEB 3 with public contol.

UPSC Exams include Crypto-related stuff that seems good

Explanation

Inflation is the most unfair of the taxes. It's regressive, it huts lower income the most, as they have larger portions of their expenses exposed to rise in prices.
Richer people have probably less impact, as they can consume less of their disposable income, and invest the difference in (sort of) inflation resistant assets.

This is a disgrace for the 80 million in Turkey, caused by the few tenths at the steering wheel.
Bitcoin fixes that.

Explanation

Explanation

I wish I liked Svetski.

The whole Bitcoin purity, gatekeeper, boys club thing is old to me.  It's possible to not be scammer like Raoul Pal or the rest and still hold nuanced opinions...

Maybe im just a fuddy dud.

Explanation

Why? He's not welcome here. I mean cmon the guy is referring to Bitcoin Fear & Greed index as #crypto. This is ridiculous! 

You talk like a nocoiner poseur, putting on airs of Bitcoin pretenses while giving underhanded insults to Bitcoin.

Explanation

My personal Fear and Greed index is wired the opposite of most people’s.

When Bitcoin is up, I am afraid—because I don’t have enough BTC.  Well, too much is never enough—but I really, really do not have enough.  Thus, the more that BTC rises, the worse my fear that I may never have a decently-sized holding.

When Bitcoin crashes, I get greedy!  Bear markets get me greedy for cheap coins.  Sometimes, too greedy.  I started messing with margin in January—right when the mass-media chatter turned from “uncertain market” to “bear market, everyone afraid, Bitcoin is dead!”

With the internal quotation changed to something that you snipped from that post, to demonstrate a point:


I have spent the past few days shouting from the rooftops that Bitcoin is under existential threat.  I warned about attacks on Bitcoin in large-size bold letters, in the post to which you replied.  And I recently transcribed here in WO a part of Cruz’s speech comparing Bitcoin to Napster—warning Bitcoiners not to be naïve.

I’m “cocky”?  I think that “it is all hunky-dory”?

If you don’t read, don’t write a reply to what you didn’t read.

@saylor, thank you for speaking out about this.  It is now an issue of grave import and great urgence.


Saylor runs a business intelligence (BI) company that specializes in analytics and data mining to guide strategic business decisions.  Although I don’t know anything about MicroStrategy’s internal operations, I’d wager that Saylor probably has operations to monitor Internet chatter about MicroStrategy’s cash reserve asset:  Bitcoin.  National intelligence agencies would call that “OSINT”.

This is not to start some rumour or grandiose conspiracy theory, but to the contrary.  I’m pointing out that even if the instances you cite are not all coincidental—a big “if”!—even if Saylor picked that latest theme up from my WO posts, it doesn’t necessarily mean that Saylor himself saw anything here, much less that he regularly reads WO.  For billionaires who run business intelligence services to get reports about interesting points raised in public discussions would seem quite mundane to me.

I’ll also go out on a limb here, and guess that maybe Saylor and his BI company noticed the POS issue all by themselves.  POS has been growing like an invasive weed strangling the whole “crypto” world.  For those who don’t live in a Bitcoin echo chamber, it is lamentably impossible to miss being assaulted with explicitly anti-Bitcoin POS propaganda.  Not to mention that Saylor is American; he may have noticed that the Biden administration dislikes POW.


Jay, please don’t feel bad if I deem you overruled by Saylor.    This is now fully on-topic in WO:


That said, I am strategically moving most of my approach to this out of WO.  Most of it.  I will probably still post about that here sometimes.


Please don’t incite the wannabe sleuths around here to start guessing which account is his.

On the other hand, it is an awful coincidence that I started sounding the alarm here in WO about POS being a serious threat to Bitcoin—and then Saylor tweeted about it.  By wannabe-sleuth standards, that amounts to proof that I am Saylor’s super-secret Bitcoin Forum account!

What you're saying is true. Energy is a necessary but not sufficient condition for something to have value. You could pour a lot of energy into creating something very valuable, and it could then lose its value in the future, or energy could be wasted straight away (like the 10: GOTO 10 code example). In the first case, one could argue that the object's raw value hasn't actually been lost, but rather, it is not recognized or appreciated by society anymore (and hence could rise up again). On the other hand, energy is almost always needed in order to create something of value. Even in the case of the 10: GOTO 10 code example, if the computer executing the code warms up the home of a poor family, this pointless piece of code would be very valuable to them, equally valuable to any piece of code!

In the end, perhaps everything comes down to converting energy from one form to another. What matters is that the product of this conversion solves a problem, and if it does, the product becomes valuable.