Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[jojo69]

Woman holds up Lebanese bank to get own cash

A woman held staff hostage at a bank in Lebanon's capital Beirut, demanding they let her withdraw frozen savings to pay for her sister's medical bills.

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[1686073294]

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[BitcoinBunny]

The drop in inflation from 10.1% in July to 9.9% last month is not going to trouble the Bank of England’s policymakers when they meet next week to set interest rates.
...
Top of the list will be the government’s £150bn energy subsidy scheme, which will benefit millions of people who, many have argued, don’t need to be cushioned from the gas price shock.
...
In July, wages growth increased to 5.2% from 4.7% in June. These figures may be well short of the inflation rate and reveal the worst squeeze on living standards in two generations

https://www.theguardian.com/business/2022/sep/14/bank-of-england-will-not-take-foot-off-throttle-despite-drop-in-inflation-interest-rates

Ouch on top of worst squeeze on living standards in two generation GDP is at 35yr low against USD. But hey everyone gets a billion to cover a month of their energy bills


Think i need to buy more BTC

Could have taken that energy subsidy and the money spent on the High Speed 2 trainline that will only connect two cities initially (that are already connected quite well by rail) and installed solar panels with a back up battery in every household in the UK.

Just saying....

[Gachapin]

The drop in inflation from 10.1% in July to 9.9% last month is not going to trouble the Bank of England’s policymakers when they meet next week to set interest rates.
...
Top of the list will be the government’s £150bn energy subsidy scheme, which will benefit millions of people who, many have argued, don’t need to be cushioned from the gas price shock.
...
In July, wages growth increased to 5.2% from 4.7% in June. These figures may be well short of the inflation rate and reveal the worst squeeze on living standards in two generations

https://www.theguardian.com/business/2022/sep/14/bank-of-england-will-not-take-foot-off-throttle-despite-drop-in-inflation-interest-rates

Ouch on top of worst squeeze on living standards in two generation GDP is at 35yr low against USD. But hey everyone gets a billion to cover a month of their energy bills


Think i need to buy more BTC

Could have taken that energy subsidy and the money spent on HS2 and installed solar panels with a back up battery in every household in the UK.

Just saying....

...but that wouldn't benefit the energy companies

[ChartBuddy]

Explanation

[OutOfMemory]

Ahh. Chartbuddy made 6 Posts on this page out of 8 Posts (excluding this). When was the last time you see the WO that quiet?

Shhh!  We're watching the queen's coffin procession.

I don't know why the whole world is crazy for this royal family. They are just a ceremonial royal family as real power in England lies with parliament. But they got special attention whenever someone of them died, marry someone or have a new born.

I'm not. I dd read  about the death of Elizabeth n the news, i think it's only hard for her relatives now. Never had any further interest in celebrations or whatever.
There must be more people than just me (not) doing that, so "the whole world" seems a bit irritatiing to me.

Bear markets are perfect for getting more of a life, imho  

[ChartBuddy]

Explanation

[Toxic2040]

the evening wall report

another volatile day as markets digest a higher than expected CPI of 8.3%
rough seas ahead with the fed rate hike looming....likely a 100 basis points imho
sideways and slightly downwards has been the trend....I do not see anything on the horizon indicating any short term changes to that
could be another 12 months of shit is pretty fucked up
hard as that is to swallow after this bear season
so knuckle up boyos
the only hopium i can float right now is the market will rebound eventually

bitcoin is currently trading near $20kish on light volumes


dyor


4h



D

stronghands

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

Ahh. Chartbuddy made 6 Posts on this page out of 8 Posts (excluding this). When was the last time you see the WO that quiet?

Shhh!  We're watching the queen's coffin procession.

I don't know why the whole world is crazy for this royal family. They are just a ceremonial royal family as real power in England lies with parliament. But they got special attention whenever someone of them died, marry someone or have a new born.

I'm not. I dd read  about the death of Elizabeth n the news, i think it's only hard for her relatives now. Never had any further interest in celebrations or whatever.
There must be more people than just me (not) doing that, so "the whole world" seems a bit irritatiing to me.

Bear markets are perfect for getting more of a life, imho  

She covered for her son Andy and the sex scandal so I don't mourn for her. I for one would like to see the rolling trifecta happen Clinton, Trump and Prince Andrew all serving jail for pedo crimes.  But BTC would more likely go to 300k by Jan 1 2023 than those three serving any time.

[Cryptolove20015]

Canada PM Justin Trudeau: "Telling people they can opt out of inflation by investing in cryptocurrencies is not responsible leadership."

But insane money printing is, right?


Source: https://twitter.com/BitcoinMagazine/status/1570159425603747840

[ChartBuddy]

Explanation

[Cryptolove20015]

China is back among the top 10 Bitcoin and crypto-using countries despite the ban.
We know that China is a big country and everyone uses crypto currency in this country. But suddenly the government of China banned the use of crypto currency in its country. In this way, the government has banned the use of crypto currency in the 9 largest countries. But the Chinese government legalized the use of cryptocurrency or Bitcoin again.

[CageMabok]

China is back among the top 10 Bitcoin and crypto-using countries despite the ban.
We know that China is a big country and everyone uses crypto currency in this country. But suddenly the government of China banned the use of crypto currency in its country. In this way, the government has banned the use of crypto currency in the 9 largest countries. But the Chinese government legalized the use of cryptocurrency or Bitcoin again.

Where did you find this news mate?
I haven't even read news like that right now but news about a report in South Korea that will arrest Terraform Labs Chief Executive Officer Do Kwon and five other people whose arrests have warrants from the local prosecutors. Source: https://news.bitcoin.com/report-south-korean-prosecutors-issue-arrest-warrant-for-terraform-labs-ceo-do-kwon/

So I want to know from which source did you get the news about the Chinese government which has again legalized the use of cryptocurrency or Bitcoin there. And I also want to know what the usage and legalization includes for there?

[ChartBuddy]

Explanation

[xhomerx10]

Never-before-seen footage of Vitalik participating in ethereum's final Proof-of-Stake test.

[Cryptolove20015]

China is back among the top 10 Bitcoin and crypto-using countries despite the ban.
We know that China is a big country and everyone uses crypto currency in this country. But suddenly the government of China banned the use of crypto currency in its country. In this way, the government has banned the use of crypto currency in the 9 largest countries. But the Chinese government legalized the use of cryptocurrency or Bitcoin again.

Where did you find this news mate?
I haven't even read news like that right now but news about a report in South Korea that will arrest Terraform Labs Chief Executive Officer Do Kwon and five other people whose arrests have warrants from the local prosecutors. Source: https://news.bitcoin.com/report-south-korean-prosecutors-issue-arrest-warrant-for-terraform-labs-ceo-do-kwon/

So I want to know from which source did you get the news about the Chinese government which has again legalized the use of cryptocurrency or Bitcoin there. And I also want to know what the usage and legalization includes for there?

You can find out from here.
Source: https://twitter.com/BitcoinMagazine/status/1570020225822916608

[ChartBuddy]

Explanation

[ThemePen]

Shit party on peak. 

Only 20K are watching.





https://www.youtube.com/watch?v=Nx-jYgI0QVI

[fillippone]

Shit party on peak. 

They are talking about energy consumption and HARDWARE REQUIREMENT reductions.
They are putting those are positive aspects of this step, while they are obviously negative aspects.

I couldn't stand it more than three minutes.