Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3610. (Read 26723970 times)

For WO gang pick which pizza you like most, happy bitcoin pizza day

Euro Central Bank President: Bitcoin “is worth nothing, it is based on nothing.”

#Bitcoin: No, that is literally fiat money.



https://twitter.com/BitcoinMagazine/status/1528007204695048194?t=3dcx4evJ_zjRPn8OrvIF_Q&s=19

Explanation

Have you created your own pizza?
Happy pizza day everyone

Explanation

Cycles are a myth 

WOW!!!!!  I quickly looked at the information behind the above link.

The idea of that free introductory course to bitcoin and even a completion certificate including presentation of course materials and talking points by Stephan Livera (who has been a pretty articulate bitcoin advocate in recent years) might be worthy of its own bitcointalk thread.

I would surely subscribe to such a thread if it were created.. and also just by superficially looking at that front page, I am tempted to take such a free introductory bitcoin course myself, but I would like to hear about what other (perhaps normies or more newbies to bitcoin) think about taking that particular course, too...

Explanation

JUST IN - $16 billion Silvergate Bank is now funding open-source Bitcoin development 👏.

Source: https://twitter.com/BitcoinMagazine/status/1527773893016051714

Good Morning.
Observing 29376@Stamp

Happy Bitcoin Pizza day to Everyone, gang!




The thread that started the legend:
https://bitcointalksearch.org/topic/pizza-for-bitcoins-137

Yes. Just look at the current economic, medical and psychological fallout from shutting the economy down.

Not to mention the shear variation among human beings in a world where someone picked at random can be killed by a peanut and it's supposed to be safe for everyone? It just doesn't track right.

Some of those calculations regarding sacrifices seem to be purposeful.. and yeah population reduction is discussed amongst folks in power circles (TPTB) - and it's difficult to imagine that there are not considerations that culling the herd might be better/preferable as compared with feeding the masses..

Within capitalistic ideas that even seem to run through communist societies too, there seem to be some underlying conceptual framework in which it is considered preferable that some folks live in dire and/or starving circumstances because otherwise whose going to clean the toilets and perform some of the grunge work that the elites do not want to do.. even the bitcoiners have tendencies to look at the world in similar kinds of ways and consider that either the nocoiners or the late to the party coiners (currently known as precoiners) are going to be the ones cleaning the toilets.


Not everyone has the same agenda... and I am not even sure if bitcoin fixes this.. even though it seems to take quite a bit of the corruption out of the money printing angle.. so in that sense, many of us like to speculate that since bitcoin is for friends and enemies, there aren't real needs to trust one another or to coordinate matters, but fixing some of the monetary incentives by making money less corrupt will help to at least level some aspect of the playing field, even if fixing the money incentives does not resolve all problems and the various ways that people have differing agendas and try to figure out ways in which they are able to get advantages (perhaps sometimes at the expense of others) ... 

It's not really contrary to bitcoin in which everyone is allowed to attempt to pursue his/her own self interests through whatever means necessary.. and sure some kinds of behaviors are still going to be frowned upon and punishment is still going to get dished out, even if the libertarians believe that somehow government is going to disappear.. yeah right.   


If you have not gotten the memo... we do not pump/shill projects (shitcoins) in this here thread..   

If you want to talk about bitcoin in these here parts, then that's another story..

I was debating about whether to report your dumbass lame shilling post or just to send a friendly-reminder within a long-shot chance that you may have not known any better...  yes.. a long shot.. but still I can sometimes be "kind" and "caring" like that.. #nohoomo

Explanation

Pretty much POW is bitcoin..  it's the whole damned invention.

So, yeah, "those of us who are against bitcoin would like to uninvent bitcoin."

Good luck with that.

Dream on.

Do they really believe that people are so stupid?  Surely there are a decent number of the masses who do not know that the fuck is bitcoin, so they do not even realize that there would be some disadvantages to society if bitcoin were to be uninvented (if that were even to be possible.. dumb fucks... sorry about the French, but at the same time, not).

By the way, I do appreciate and recognize a variety of other innovations within bitcoin such as the difficulty adjustment, nodes choosing the software to run, scarcity (through the halvening) and all that, but still POW is the foundational invention upon which the various other smaller innovations were built.


It does seem that the better of case of scenarios would be to get a reversal.. at least a sign that we are no longer in a bear cycle within about 2 months... and a more plausible scenario would be that it takes a wee bit longer than 2 months.. .. maybe even up to 5 months?  too bearish?  I am not sure. 

So yeah.. one thing is maybe getting some confidence that the bottom is in -  whether that would be $25,401 that we have so far or some other number that hopefully would not be much lower than $25,401.

Then the other part of the question would be that once the bottom has been established to be in.. then the consideration regarding how much of a movement we are going to get towards the UPpity.. and surely it would would seems strange if we were going to have to wait all the way until the 2024 halvening to get a new ATH.. so maybe in that sense our historical cycles are getting a kind of feeling of being screwed up no matter how this plays out - even though for sure, there are peeps wanting to frame where we are at in terms of either the past cycle topping off in April 2021 or November 2021 - but even those framings are not exactly coming off with a lot of conviction..,.. or convincingness.. at least not so far...

There could be a scenario in which we still end up getting a delayed blow off top that would come in 2023 - and perhaps that could save the cycle with a mere delayed blow off top... but since we have been stuck below the 100 week moving average for coming on two weeks, even that delayed blow off top proposed way forward comes off as a wee bit of such a long-ish shot that it starts to diverge into a kind of fantasy-seeming perspective.

Perhaps the coming 2-3 weeks are critical^tm in terms of seeing what happens in respect to testing further possible down passed our so far $25,401 bottom... perhaps? perhaps? 

Personally, I am hardly going to be happy even with getting back above the 100-week moving average (which is still currently slightly moving UPpity on daily basis at nearly $35.5k). .. .maybe mid-to-upper $40ks would feel better to confirm that we can proclaim that the "bottom is in" presuming that it does not end up going lower than $25,401.. which may well be a decently-sized presumption... otherwise, getting back into categorizing us as being in a bull market might need to get at least into the $50ks.. but it seems way to premature for this cat to be going down that road because I prefer to NOT really get too heavily into proclamations about where we are going that end up being more than one leg into the future... and getting back into a bull market classification seems to be around three legs into the future, at least from how I am currently thinking about where we are at how we got here, and where we might be going.

Explanation

Explanation

often we dont even know how badly we did until it is far too late to repair the damage done.

Explanation