Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5480. (Read 26609018 times)

It used to be. Long ago, when it was actually funny.

Not anymore. Hasn't been since the days of Chris Farley and Will Ferrell.

Good morning Bitcoinland.

I see we're back in the $5xxxx range again... currently $50785USD/$61463CAD (Bitcoinaverage).

All is well. Hopefully a new ATH soon.
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I can't believe how many people are taking an obvious joker seriously.

SNL? Isn't that some comedy TV show?

Sorry McAfee, you've been upstaged. There's a new clown in town.

Wtf are you drinking mate

Of course I would LOVE for his S2Fx model to be correct... It has me living on an island WAY earlier than my plan, lol.  But this could also be where it just breaks.  This one and the more conservative one... 

Anyone following the bet between he and "Dave the Wave" on Twitter?  Dave is MUCH more conservative and I think his dominant long term model is more of a softening parabola, and frankly I think according to his tea leaves we may have already peaked in this "cycle".  He and PlanB have some bet revolving around 100k or not, I think.

Honestly I think both of them are clever folks with interesting models, that will be absolutely true, until they are not.  Between them, and out own Toxic and his charts of zen, I have more than enough math-magic to consume and confuse me into just holding.   It's win/win I think.

Uh...last time I checked, he has bought $1.5 billion worth of Bitcoin.

Not seeing where he or his company has bought any Doge. Or any amount that would matter.

We know the game. We've seen this movie before.

"Hey, don't look over there! Look over here!"

Last few pages on the WO were great; i sent a few merits here and there
I've already commented on Elon farts, gonna stop, don't care.

Climate change is one thing. Talk about the flat-earthers, and now the hollow-earthers (although I don't seriously think there is anyone out there who could believe about a hollow earth, but then why do the flat earthers still exist.)

Climate change due to Co2 is actually complete B.S. You could fill the entire atmosphere with Co2 and it would barely make one jot of difference to the climate (since the sun would have to shine brighter for that).

I'm sure Musk knows this but "climate" is a football that's available for anyone kick. Whoever the "kicker" is, the only thing you can be sure of is, the last thing they're concerned about is...the climate.

The people who understand thermodynamics and heat transfer most thoroughly are not in fact geologists, green activists, entrepreneurs or politicians but engineers such as gas turbine designers and aero-engine control systems modellers. One of them got so sick of the climate B.S. narrative that in his retirement he actually sat down and spelled out for people how the climate works from first principles thermodynamics.

Here you go (download linked PDF):

See in particular Page 14: https://gvigurs.wordpress.com/2019/04/28/the-emperors-new-climate/

See also: https://gvigurs.wordpress.com/2019/07/10/on-duff-science/

and: https://gvigurs.wordpress.com/2020/02/27/irrefutable-settled-irrelevance/

There are lots of nocoiners we like and some recent bitcoiners, for their non-bitcoin contributions to humanity. Even the vehemently opposed nocoiners like Buffett.

Then, there are the newcoiners like Saylor, who I've never really heard of before last year, and he himself even forgot about bitcoin in 2013 and just rediscovered it recently, who has some sort of business intelligence software company that simply is beyond most people's radar, who are basically now bitcoin maximalists.

It would seem that people like Elon Musk don't really much care about the money beyond having more than enough to live on, or at least a couple billion dollars. He doesn't have a lot of cash since most of his wealth is in his company or stocks (and now in bitcoin maybe).

He still thinks about the long distant future for our species, so that's one thing going for him. Otherwise, he's just like any other human (with or without Asperger's) and wants a little fun, unfortunately at the expense of noob hodlers and such. He's had more than 1 tweet that got him or his company in the crosshairs over the years.

Whatever ... honey badger don't care.

Paul Gascoine in trouble again?

https://twitter.com/LinaSeiche/status/1393175280752087045

the world will be destroyed by elon rocket

my last merit, well deserved.
Albert Einstein (likely) had Asperger's as well, by the way.
Elon seems to be like a big child, not only in a good way, but unstable and with low impulse control.

#hodl

@100trillionUSD
Net result (after Turkey ban, US tax FUD, Faketoshi law suits, Elon/Tesla energy FUD) is that bitcoin is 5x higher than ~6 months ago. And both S2FX model + onchain data indicate that we are only halfway this bull market. I would not be surprised to see another 5x next ~6 months.

https://twitter.com/100trillionusd/status/1393184522171207680?s=21



$250,000 per bitcoin, now THAT is what I’m talking about

I'm quite surprised by recent developments regarding Elon Musk's support of DOGE. I don't know if this is part of a deeper plan, or just a symptom of a billionaire's Asperger syndrome. Contrary to most opinions here, I still admire him for his Tesla and SpaceX work. It doesn't make much sense to me, for him to act the way he did recently, although naming his child X Æ A-12 did raise a few flags. Who knows, maybe there are things at play here that we are not aware of. The coming weeks and months will be very interesting.

Now, suppose Elon just wants to maximise his wealth, and knows that his tweets can cause such havoc. Isn't it obvious that he would be tempted to play the market the way he did? It's all nice and good to have high morals and "do the right thing", but when potential $billion profits are at stake, then everything becomes fair game.

Regardless of Elon's narcissism, Asperger's, sociopathy, greed, or whatever else is in his brain, this experiment just shows how easy it is to manipulate the cryptocurrency market, and even King Daddy can be affected. I don't like it, but that's how things work for now. I'm not worried about Bitcoin's long-term performance, I'm fairly certain that this is just an outlier on the steady upward trend that's going to continue for a very long time. Glitches like Elon's just delay the inevitable by a few months. So be it.

In the end, it will all be better for Bitcoin. I see this as part of a great test, and so far Bitcoin is the clear winner. Let Elon do his thing, there's nothing to worry about. Just another soon-to-be-added Bitcoin Obituary. This is fine.

HoDL.

Already accepted this.

Galt’s Gulch is calling 

Another IYI down, a lot more to go 

That's the essence of SOMA!

I am not aspiring to, or asking for, soothsayer status. Some of my gut feelings must necessarily solidify into reality, or they could be used as an inverse predictor - which would in turn grant me soothsayer status, albeit with a negative correlation coefficient.

That's why I first felt a pump for bull ants to ~70+k (around 72, I think I said), then when the pump wouldn't come, started worrying about bearwhale activity intended to suppress my totally legit expectation. A broken clock twice a day, like. No?

I've been limited lurking the last month or so, but had to pop in to say: FUCK YOU ELON - and I do hope you read this.

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Dedicated to all vegan lovers - SwingStar in particular:


Campari al Polo

Compulsory soundtrack:
https://www.youtube.com/watch?v=mBP6ktTEzhw

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Time number go up, gentlemen.

Elon is working with dogshit devs to develop a 56k, looking hopeful.

It feels like 56k modems should appear in WO again, and soon...