Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3637. (Read 26729230 times)

Explanation

A Russian general was talking to his wife that,

Russia's war in Ukraine is actually a war against NATO.

She asked, so how 's it going?

General: "Well we have been fighting for 2 month. We have lost over 15,000 brave soldiers, 6 generals, over 1000 tanks and fighting vehicles, 3 ships, 200 planes and drones and 5000 trucks."

"That's terrible..  and what about NATO?" she asked


"Well..." the general scratches his head "Well... they haven't turned up yet"

Oh, and Ukraine is still winning, and Russia is still the home of all evil.

Well... if it was up to me, I would crash it once today. And at the end of the month when everyone thought it would rise, I would crash it again even harder.

It's all just fake USDT fake fiat manipulation standards anyway.    

But, "Covid, world shutdown, mass layoffs", and "Money printer go brrr, massive inflation" and "supply chain constraints, oil shortage, food shortage"  is the same crisis, they are all a sideffect of the world wide lockdowns. Oil shortage and food shortage is getting worse due to the Ukrainian war though, so I guess that could be seen as part of both those crisis.

And most of us in here don't have to worry about monkeypox, we have all been vaccinated against smallpox, and that supposedly also covers monkeypox.

Looking at the monthly, myself. If there is a dump it will be at the end of this month at earliest. Too much consolidation on the daily currently, I would say.


I would take a nibble out of a monkey sandwich. You know, just to try.

I see you too want 8th 9th weekly red candle

This feels like a great and really feels like a nice day to see a dump!

Explanation

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Oh... WE ARE GOING THERE !!! AHAHAHAHA !!   


Well... For now, WE DO NOT KNOW !! If... pigs, chickens and stallions are vaccinated with experimental monkey vaccines.   

^ the WHO said that. (the Wall Hooligan Observer!)     

Explanation

Or, alternatively, it could mean that we are getting close to a "Singularity", a place where the pace of technological, societal and political changes start to occur faster than our comprehension and/or adaptation. Could be two sides of the same coin, though.
EDIT: We can also simply be in the midst of the Fourth turning...the timing is right.
EDIT2: I find the fact that we just had a congressional hearing on "aliens"/UFOs among all other 'stuff' very uncanny.

Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events.

That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal.

Those that believe otherwise just haven't lived long enough to know better.

Explanation

I get the sense that you still do not know what I am talking about when I refer to a Pareto distribution.

There are ideas that people like to argue in regards to Pareto distribution application that 20% of the guys bang 80% of the chicks... hahahahaha.. that might be a misapplication..

or another application might be that 80% of the people are going to blindly follow whatever dumb theory or idea without even questioning it, so only 20% of the people are smart enough or industrious enough to question matters.

those are Pareto distribution arguments... to say that it does not matter what we do, 80% of the people are dumb  or 80% of the people are never going to get ahead because they just follow the masses and do what everyone else does.  20% are telling the 80% what to do.  20% leaders and 80% followers.. maybe correct maybe not.. but a kind of ballpark idea in regards to what kinds of challenges are ahead when trying to bring change to human tendencies.

Sure, some people might be misapplying the Pareto distribution ideas and use those kinds of ideas to make bad and inaccurate arguments in bad contexts to say they (we) are part of the 20% not part of the 80%.. we are the movers and shakers, and the leaders and not the ones who blindly follow.  

Sometimes the claims might have some truth to them and sometimes they might be misapplying what is going on, and I was suggesting that even in bitcoin, there may well end up being ways to point out the existence Pareto distributions in regards to those who get it and those who do not...

Maybe we can claim that the bitcoin maximalists get it and the shitcoiners do not?  Perhaps?  perhaps?  .

But in regards to actual bitcoin adoption and the number of bitcoiners that exist in the world, we still only have like 1% or so world-wide adoption of bitcoin.. so there are still a lot more bitcoiners out there who do not yet know that they are bitcoiners, so they might be considered precoiners.. and they might not even know it.

Sure there might be some parts of the world with greater adoption of bitcoin as compared to other parts of the world, including that likely there is greater bitcoin adoption in some cities than in rural areas and likely more adoption in some cities as compared to other cities, too, but overall we still have pretty low distribution of bitcoin adoption if we are considering the world population as a whole..  

Also, we might have folks who are more educated than others, and some folks who are richer than others and some folks who have more social status or social capital than others, but some of those factors might not end up motivating people to become bitcoiners.. and there have even been some papers on the topic of educated and connected people frequently considering themselves to be too smart for something as lame as bitcoin.
 hahahahaha   We have our work cut out for us, if we are wanting to employ ourselves as bitcoin evangelists.

We also hear claims from supposedly smart people that now everyone knows about bitcoin, and I would also proclaim that those kinds of descriptions of bitcoin awareness and bitcoin adoption are both misleading and untrue.  Just hearing the word bitcoin and being able to say that you know what bitcoin is does not really mean that you know what it is... just because you have heard the word and you believe that you know what it is.

Even within already existing bitcoin adopters we have bitcoin skeptics and people who have low levels of knowledge, adoption and conviction in regards to bitcoin and are grappling both with what bitcoin is and what is their bitcoin investment strategy.  they might question whether their bitcoin investment strategy is aggressive enough or whimpy?  We have regulars in this thread who have difficulties in figuring out bitcoin and even figuring out their investment strategy, and I am not even blaming them for that.

So I have a lot of doubts when I hear claims about bitcoin saturation or great levels of bitcoin adoption, and perhaps the ONLY people who are overinvested or really sufficiently invested in bitcoin are 20% or less of the regulars in this thread, and surely Michael Saylor is over invested in bitcoin as well.. but he is a crazy bitcoin psycho, too.

So even if we might take a country like the USA in which a lot of people have access to various kinds of mainstream media and even access to internet, there may well be a lot of people who heard the word "bitcoin" but they hardly have any clue what bitcoin is....  they might believe that they know what bitcoin is, but I question that and I also question some of the surveys that proclaim to have high levels of bitcoin awareness and/or adoption.  Some of the claims of knowing what is bitcoin might even be being mixed up between bitcoin and crypto, but some of it may well be to have a "just say no" philosophy when it comes to learning anything that is difficult to relate to or sounds like it might be a fad or that there is a bubble that may well come crashing down at any minute.. and who wants to be buying at the top, anyhow?

Part of my point is that it takes a long time to learn about bitcoin, even if you want to learn about bitcoin... even some guys who decide to start to invest into bitcoin, it could take a long time to figure out an investment strategy, even though many of us know about dollar cost averaging investing, it can take quite a long time for normies (or newbies into bitcoin) to both learn about the idea of dollar cost averaging and then to put such DCAing into practice and then to figure out if they are adequately putting DCA to practice in a way that is sufficiently appropriate to their own situation including looking into whether they are being sufficiently aggressive in the DCA approach without being too aggressive..

After employing DCA practices, there might be some realization that DCAing can be better supplemented by buying on dips and lump sum investing too.. but then there might also be a need to figure out what their BTC accumulation target is... is it going to be a 1% allocation into bitcoin or a 25% allocation into bitcoin or somewhere in the middle or if they really study into bitcoin, they might decide to employ an even more aggressive investment allocation level, and then once they reach their allocation level (which could take several months or even a couple of years, then they might need to decide what to do if the BTC price moves and whether their allocation into BTC needs to be adjusted from time to time.. including whether it is a good idea to reallocate from time to time or can they figure out these matters on their own or do they need an investment advisor..

Many investment advisors will nearly for sure tell bitcoiners to do the wrong thing by telling them to reduce their bitcoin exposure.. hahahahaha.. many of us have already seen or experienced investment advisors like this... who we likely end up having to fire because they end up being more of a hinderance than help in regards to really grappling with bitcoin and maybe considering that bitcoin ends up allowing us to NOT have an investment advisor because bitcoin does not have that kind of an access limitation in the same way that some investment funds are limited (at least historically - even though some of them are seeming to open up more.. I wonder why?).

not sure how you were calm...just re-read that post of yours that I partially quoted, omitting those parts.
...and there was nothing condescending in my reply...sometimes peeps just need to take it down a notch.
I am glad that you are over it, though.

I also think that they 'rolled the dice' to a degree, no question about that, so we are in agreement there, but as i said, our population was in a panic back then and the precious 'markets' were in a free-fall with some predicting an economic depression.

They also rolled the dice on the MMT theory, which turned out a bunch of hogwash, as pretty much everyone on this thread expected.
Alas, there is some sliver of normality of how economy responded to the increased cash outlay during relative goods scarcity.

However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.

Explanation

I am glad to see there are still level heads out there in the world.  We might just REALLY need those folk as we move forward.  I hope to do my part.