Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 569. (Read 26467520 times)
April 01, 2024, 07:34:44 AM
Happy April fools Bitcoinland!
April 01, 2024, 07:26:58 AM
Don't mind Chartbuddy
Taking Aprils First serious...
price is above 80
Taking Aprils First serious...
price is above 80
April 01, 2024, 07:01:15 AM
April 01, 2024, 06:54:59 AM
when the WO was filled with shitposts from merit beggars I hoped for minus merits... but this is different I guess
naaah just served them as should....
so happy they're gone. This is the WO like in the ol' days again ....almost
April 01, 2024, 06:52:47 AM
when the WO was filled with shitposts from merit beggars I hoped for minus merits... but this is different I guess
naaah just served them as should....
April 01, 2024, 06:47:59 AM
when the WO was filled with shitposts from merit beggars I hoped for minus merits... but this is different I guess
April 01, 2024, 06:35:00 AM
April 01, 2024, 06:01:15 AM
April 01, 2024, 05:01:15 AM
April 01, 2024, 04:05:54 AM
Here's ChartBuddy's Monthly Recap From March, 2024
Buckle up, this one goes fast. Flashing images ahead!
Proceed with caution.
https://gifyu.com/image/SVjXu
Buckle up, this one goes fast. Flashing images ahead!
Proceed with caution.
https://gifyu.com/image/SVjXu
Code:
https://gifyu.com/image/SVjXu
April 01, 2024, 04:01:14 AM
April 01, 2024, 03:41:35 AM
Testing 1…2…3…4….
April 01, 2024, 03:36:18 AM
So the 1st of april nothing to special happened 
Nothing at all 
April 01, 2024, 03:30:29 AM
So the 1st of april nothing to special happened
April 01, 2024, 03:01:13 AM
April 01, 2024, 02:01:15 AM
April 01, 2024, 01:28:47 AM
Bah humbug
April 01, 2024, 01:22:13 AM
Partially OT:
Typically, I don't post about s-tcoins, but I want to address one interesting social phenomenon about them this cycle.
A memecoin obviously does not have a value, apart from being just that, a meme.
However, why we see such seemingly outrageous valuations for those: 31bil, 18bil, 4.6bil, 3.6 bil..and on and on.
I think that it represents something, but what is it?
Possibilities:
1. Rejection of traditional monetary values. Something like this: "you, boomers made my life difficult, so to spite you and reject what you think is valuable, I would invest in meme stocks (GME, AMC, etc) and meme coins".
2. Desire to organize into virtual "tribes": the tribe of dog#1, the tribe of dog#2, the tribe of a "dog wif hat" (for f sake!), frog, whatever.
Each tribe has a meme, then probably would have certain rituals, etc.
3. Complete and utter nihilism that translates into "laying flat" and meme coin chasing.
Honestly, this is not what I expected, but it seems where we are.
Certainly, memes have, for now*, the biggest momentum.
I am not buying any, but I am very curious about what it all means going forward.
I also think that it seems that memes distract from the major thesis of bitcoin as being a new form of money.
They are almost a caricature of that important idea.
Bewildered.
* I have a bag of dog#1 from long time ago at zero cost as I took lots of profit during the last super spike.
Typically, I don't post about s-tcoins, but I want to address one interesting social phenomenon about them this cycle.
A memecoin obviously does not have a value, apart from being just that, a meme.
However, why we see such seemingly outrageous valuations for those: 31bil, 18bil, 4.6bil, 3.6 bil..and on and on.
I think that it represents something, but what is it?
Possibilities:
1. Rejection of traditional monetary values. Something like this: "you, boomers made my life difficult, so to spite you and reject what you think is valuable, I would invest in meme stocks (GME, AMC, etc) and meme coins".
2. Desire to organize into virtual "tribes": the tribe of dog#1, the tribe of dog#2, the tribe of a "dog wif hat" (for f sake!), frog, whatever.
Each tribe has a meme, then probably would have certain rituals, etc.
3. Complete and utter nihilism that translates into "laying flat" and meme coin chasing.
Honestly, this is not what I expected, but it seems where we are.
Certainly, memes have, for now*, the biggest momentum.
I am not buying any, but I am very curious about what it all means going forward.
I also think that it seems that memes distract from the major thesis of bitcoin as being a new form of money.
They are almost a caricature of that important idea.
Bewildered.
* I have a bag of dog#1 from long time ago at zero cost as I took lots of profit during the last super spike.
We have already frequently seen these various kinds of pumps of shitcoins, projects, ICOs, NFTs, stable coins, inscription/ordinals, and now meme coins.
Why do you feel some kind of need to ascribe more meaning to it? Yeah, a lot of folks are frustrated with various systems and want to say fuck you to the man, and some of them might know about bitcoin and some of them might not.. so they are going to have fun staying poor if they cannot figure out ways to get in and out and maybe to put some of their profits (that is if they actually are able to get any profits) into something solid like bitcoin rather than riding any particular meme coin for too much and for too long.
Why? Because this area of the market is still speculative and those "things" have a lot of momentum, and, surprisingly to me, did not completely fade into obscurity in the last bear by losing 99% (as I expected), but, instead, are running like "dogs", pardon the pun.
You seem to not see this as some kind of weird cultural phenomenon (I do). That's fine, but I would hate to be in a situation when those nonsensical plays have ALL of the momentum and we stay flat.
Alas, it would not be catastrophic, but maybe the complete opposite of any expectation from the "serious" market commenters.
That's it about the "dogs" from me...back to the "regular" program.
Quoting these long posts just drop my merit counts very well.
As for the original dog 🐶 i am making bank mining it as I type.
Can’t complain at all.
That was easy.
how did you drop to negative so quickly? I will have to read your posts.
You lose merits by the word so I couldn't think of a better person to quote than JJG who, by the way, I appreciate for the time and effort he puts into his posts; sharing his wisdom freely.
Yeah I caught on just took me a while. I have a good chance of getting low maybe negative and it is still march 31st in New Jersey.
Wall of texts,
Wall of texts everywhere.
April 01, 2024, 01:18:02 AM
Damnit... Another 55 acres of grazing land came up for sale directly south abutting of our homestead... Guess I should do something with this corn... Can't spend it when I'm dead...
Submitted a counter offer earlier today. Cross your fingers for me, gentlemen!Handshake deal for the land this afternoon. Gunna set me back a few pieces of corn, but it's worth it!
Super excited! Moar cows nao!!!
Close on the deal in 30 days.
Congrats. And thanks to the God of Corn, Cinteotl
no surprise, he looks like a chad
April 01, 2024, 01:01:14 AM
Jump to: