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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26917306 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
ChartBuddy
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September 25, 2025, 06:01:16 PM


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OutOfMemory
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September 25, 2025, 06:01:56 PM
Last edit: September 25, 2025, 06:43:18 PM by OutOfMemory
Merited by JayJuanGee (1)


Bitcoin is being fucked by derivatives, but that doesn't change any of the fundamentals. Stay on the sideline (hodl) and buy when you can.

It's nothing new. We have seen so many times Bitcoin even in more worse scenarios like this. I am confident that Bitcoin will recover some day.

I don't care. Those who deserve Paper-Bitcoin should "have" them, i got no problem with that.  (EDIT3: I rather own the keys than the paper)
Bitcoin is Bitcoin for what it is, not what "the market" tries to make of it.
Patience.

EDIT: How low will we go?
*rollercoaster.gif*

EDIT2: $108.6k That's what i waited for. Not much more to wipe below, so either we continue going up, or visiting $100k-ish is on the table.
King Daddy doesn't care.
Don't bet on numbers, bet on Bitcoin's success.




Some (JJG?) may remember when i said it's all (= my holdings) for the kids to spend when i am no more. This goal and according mindset saved me a lot of sweat, fear and anger in this market.
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September 25, 2025, 06:56:54 PM
Merited by OutOfMemory (2)

You may utilise ChatGPT to get summery of every page. You may finish very soon with this approach  Cheesy

Using ChatGPT or some other bot seems like cheating, yet using such tool might be better than nothing.

It would be like reading the Cliff notes version rather than the actual book, which actually might make more sense than the actual thread.

Maybe have ChatGBT summarize every 100 pages and then just go back and look at the source in the areas that are of interest to see that actual post(s).

Tools like ChatGPT comes in handy when one has to read 698603 replies. Of course such tools won't beat the actual information you got while reading all the replies.

One can also use ChatGPT to learn about the meaning of the Rusty Pipe Treatment:

Quote from: ChatGPT
Got it — here’s a clear explanation of **“Rusty Pipe Treatment” (RPT)** as it appears in the **Wall Observer (WO)** thread on Bitcointalk:

---

### What it is

* The **“Rusty Pipe Treatment”** is a **running joke / meme** in the WO thread.
* It was popularized by long-time poster **BobLawblaw** around 2021.
* The phrase is used as a tongue-in-cheek **threat of punishment** for bad posting, trolling, or general annoyance in the thread.

---

### How it’s used

* Typically, a poster says someone is *“about to receive the rusty pipe treatment.”*
* Sometimes others exaggerate it with add-ons like a **“special edition”** or combine it with other slapstick imagery (e.g. “bat-slapping and/or rusty pipe treatment”).
* It’s never literal — the WO community uses it to **mock, discipline, or roast** other posters in a humorous way.

---

### Tone & cultural role

* **Not violent in intent**: it’s part of the **over-the-top, bantering style** of WO.
* Acts as **tribal humor**: regulars recognize it as a light-hearted “punishment” that reinforces in-group norms.
* Over time, variations of the phrase emerged, showing it became a **shared meme** rather than just BobLawblaw’s line.

---

✅ **In short:** In the Bitcointalk Wall Observer thread, the **“Rusty Pipe Treatment”** is a jokey, exaggerated way of saying someone deserves a smackdown (verbally, not physically) for poor posting. It’s one of many playful, semi-menacing metaphors WO users throw around, giving the thread its unique, rowdy character.

---


EDIT: I had to train ChatGPT a couple of times in regard to rusty pipes and their origin, before it put out above answer, which is the most correct i could get from it so far.

Still, ChatGPT does not seem to find out anything about the detailed procedure of RPT. Maybe it's censorship to blame here?
But following the links ChatGPT provides after more deep searches of the exact term likely leads to an explanation, hopefully of graphic nature, if Bob didn't delete it back then.

EDIT2: And it's a shame that many of the great RPT-inspired images and memes hosted at imgur disappeared from this here thread  Angry
This certainly doesn't help unterstanding the meaning of rusty pipes.

EDIT3: Thought twice, i assume that the original term is even older, because Bob deleted some probably substantial posts about RPT, and from my personal feeling i came across the term/memes earlier than 2021. But you know, my nickname is program when it comes to exact memories, a lot of times.

EDIT4: I hope i'm done editing this post now  Roll Eyes

 Thankfully, there's a LoyceV for that - [get yours] Images from imgur + All links to your own posts
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September 25, 2025, 07:04:44 PM

Quote
Bitcoin Resilience Tested: Price Loses Key Support Band, Drop to $105,000 Likely




What's that bearish nonsense?
$110 all down through to $108.5k has tons of liquidity for the market. This is obviously the target zone bears stubbornly try to hit.
On the other hand, there's tomorrow's expiry of CME futures at $117.4k , which i am curious about if "the gap" will be closed. It's not guaranteed, and it's a nice way to make money and/or get cheaper corn for market makers.
Bitcoin is being fucked by derivatives, but that doesn't change any of the fundamentals. Stay on the sideline (hodl) and buy when you can.

EDIT: And the other thing is, as long as there is no retail, the chance of heavy corrections (retailer's wording = "crashes") is low. It's a different market now, and that what i tried do say yesterday was already nailed by @Searing earlier today (and the other WO with whom he discussed this topic, whose name i can't remember right now).

wait until we see sub 100k  Cheesy

But yes, might be that we stop at at 108 or so.. however i wouldn't hold my breath...

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September 25, 2025, 07:23:24 PM
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I never like it…
But she comes with red and green.
That’s just how it goes.
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September 25, 2025, 07:24:03 PM
Last edit: September 26, 2025, 01:20:40 AM by BTCETFInvestor

Quote
Bitcoin Resilience Tested: Price Loses Key Support Band, Drop to $105,000 Likely




What's that bearish nonsense?
$110 all down through to $108.5k has tons of liquidity for the market. This is obviously the target zone bears stubbornly try to hit.
On the other hand, there's tomorrow's expiry of CME futures at $117.4k , which i am curious about if "the gap" will be closed. It's not guaranteed, and it's a nice way to make money and/or get cheaper corn for market makers.
Bitcoin is being fucked by derivatives, but that doesn't change any of the fundamentals. Stay on the sideline (hodl) and buy when you can.

EDIT: And the other thing is, as long as there is no retail, the chance of heavy corrections (retailer's wording = "crashes") is low. It's a different market now, and that what i tried do say yesterday was already nailed by @Searing earlier today (and the other WO with whom he discussed this topic, whose name i can't remember right now).

wait until we see sub 100k  Cheesy

But yes, might be that we stop at at 108 or so.. however i wouldn't hold my breath...




@Gachapin - The 2q4 hour volume is very heavy! I hope you're wrong about seeing sub $100k!

I hope BTC holds above $105k - - it now looks like $108k will be where it'll stop its downward slide.

I plan to add more FBTC ETF after month-end, so I'll benefit from this lower price. I fully expect a much higher price for BTC by year-end.
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September 25, 2025, 07:51:04 PM
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@infofront: How about a new poll:

The cycle top is in: yes/no

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September 25, 2025, 08:39:15 PM
Merited by philipma1957 (3), vapourminer (1), xhomerx10 (1), Biodom (1), JayJuanGee (1), d_eddie (1), PowerGlove (1)


Even you, Findingnemo, are getting into OG status with nearly two cycles under your belt, and it seems to me that the first cycle is the most difficult, yet it still frequently will take a couple of cycles for guys to really start to get to a point of having enough or more than enough bitcoin, unless they were able to front load their bitcoin investment at some point in their first cycle.

I might be able to relate to you, since I came to bitcoin (got started in bitcoin)  about 1 cycle before you, and I also came to bitcoin at or near the top of the cycle... Mine entry into bitcoin was November 2013 - even though my forum registration was February 2014.

I did the terrible mistake that one can make, I was supposed to enter the market in 2014 itself around the same time period you entered but I wasn't so sure about bitcoin because I had no idea what it is and people who told me about bitcoin isn't that much clear about what it is, they just created an image like bitcoin is investment which is one of the reason I had my doubts and went huge on other path that end up terrible again my huge capital went down not just to zero but to negative that is where I lost a cycle or else I would have been sitting with a bigger stash.

But, hey... Better late than never...

So my first cycle isn't very shaky, I knew what I missed and I swore that I am not gonna make the same mistake.

And finally, JJG claiming me to be OG and becoming legendary on the same day should be some kind of sign for all in...before the UPtober.

I had a buddy (Qazz...ie Don Guse worked for UNISYS and NASA) who was all over this stuff for crypto and algo and such early days) Anyway he passed away in 2005...I also

out in the sticks of Minnesota...so heard about it had no one to talk to and no skillz to do so....100% sure I'd have gotten into it ..even with him on the east coast and Unisys)

So in January 2019 I took the 4 towers of CPU's down for the lost gonzo bbs and literally was looking at them thinking it was a shame I could not use them for anything.

Time goes on. I get into Bitcoin with a KNC Jupiter 550gh Miner (bought July 1st 2013 at $69 BTC) and plugged it in (was full of water and in pieces...got it dried out and and I put

the fans and all that back together) turned it on, the day I got it, 0ctober 18th, 2013) with BTC at $150 sometime that day. A more depressed individual you did not see. I had to

post on the KNC site (got a rapid reply that day no idea why) on WHERE THE HELL IS THE SWITCH) I paid $5,131.80 with shipping and it had no frigging switch. The told me to get

a computer PSU and short out (i think it was pins 19 and 21) with a paper clip cut in 1/2 with black tape to hold it) My Goddaughter was there and saw me pick it up in soaked and

rattle to the box and to this day says it was the most depressed she ever saw me.....so I'm sitting in water in the basement ...shorting out the motherboard pins to get this

running. It started right up. Made I think 1 BTC as day. But sooooo depressed. I missed the boat..this piece of sh*t won't last....I should have just kept btc for that amount and

price july 1st at $69 (remember I got into this as a hobby ..bored...to save the $50 a month in electric to put the game server back up...pay for mu utils on the house for a year

and help micro-lending in India..which was a deal at the time) .....back my other point my buddy Qazz. I stumbled into at one time what as called WhaleTalk Chat...somehow

I was invited and all the big boys of today were on there...made their billions on bitcoin with laptops...I was trying to bow out but some knew me from bitcoinalk and wanted

to ask me about ASIC mining...eventually the chat went away from just newbs piling on..but hey...anyway on one time and 2 guys from NASA got on..had a .jpg for at the time

looked as complex as the circulation of the human body in detail..it was done over a high res map of the world...they bought super computer (at the time) to render it. What is this

we say....their names was nasa123 and nasa124 or some such with numbers behind....anyway (if i can find it i have copy of this chat saved someplace) anyway..they were

tracking a big time btc hack...for over 1 year or a 1.5 years or something like that. Are you having luck...NOPE they said but the MATH WAS GREAT....so I asked them if they

knew Don Guse above who died in 2025...oh he was their boss....he was a great guy...I started to hit my head on the counter top...all these friends of my buddy....who all worked

under him are easily bitcoin billionaires now..but I was so far out in the boonies I never got a call or had any contacts he had due to him passing..he would have been all over this

just like his buddies in whalechat.

so anyway...long story short (again I type as fast as I think) .............I get your pain......sometimes that is how life works I think. But back when it was hard to HODL I'd think

what would Qazz do...and it got me though the usual newb rough patches when i could have sold. Anyway I have to dig out the text capture somehow from backups from 2014

I think it was. But yeah, sometimes life is weird how stuff shakes out.

brad
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September 25, 2025, 11:52:19 PM
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Where is my pump?
Where is my pump?
Where is my pump?


rhythm from Where is my mind from Pixies.  Cheesy Grin



Gnarls Barkley answers:

And I hope that you are having the time of your life
But think twice, that's my only advice, mm
Come on now, who do you, who do you, who do you
Who do you think you are?
Ha-ha-ha, bless your soul
You really think you're in control, well


....refrain follows

Not a haiku  Grin
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September 26, 2025, 01:30:57 AM
Merited by Searing (7), vapourminer (1), Hueristic (1), JayJuanGee (1), d_eddie (1), OutOfMemory (1), DirtyKeyboard (1)

Have read back through a few pages and can I just say I’m shocked, feels like some of you 3+ cyclists are getting weak in the knees a bit too prematurely.

This isn’t even a dip, maybe you could call it liquidity grab but honestly it would need get down to 52ish for me to even start thinking about things.

This all bluster in the markets, those sth of <=3 months had an avg price of 111k. I have sat through so many tree shaking over the last while I can spot it a mile off now.

Now the only way is up, or at least higher chance than 50% that there are still some uppity events over the next few months.

Rusty pipe slappenings for any mention of

- 124k was the top
- I’m selling
- I’m disappointed
- I don’t like the sound of modems
- etc etc
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September 26, 2025, 01:46:13 AM
Last edit: September 26, 2025, 01:57:36 AM by estenity

anyway everything down in crypto...particularly the challengers ETH, sol, xrp...quite a red sea..

https://nitter.net/pic/orig/media%2FG1uBkdrXUAAVXhm.jpg
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