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

[philipma1957]

Partially OT...although I traded VB coin when it was profitable to do in the past, over the last 3-4 years I gravitated more and more toward an opinion similar to philipma's:
VB coin turned out into an abomination (maybe it always was  ).
I honestly don't see how it can succeed long term when there is no 'independence' mechanism there whatsoever.
They can turn and twist their tokenomics any way they can and NOW Gary is chiming in with this snippet:
https://www.wsj.com/articles/ethers-new-staking-model-could-draw-sec-attention-11663266224

TL;DR securitaa...securitaaaaa..

Not sure what would happen with it's POW offshoot (that is coming tomorrow). Could be a gimmick or could provide a valuable lesson.

IMHO, there is NO difference between fiat and POS VB coin..not even now, but most certainly not in the future.

It all is up to bitcoin and if it fails (which I doubt), then it's all just history and we would be back to square one or worse, essentially.

All pos coins are worse than fiat.

they are essentially unregulated bonds.

which is worse than fiat.


back to btc
can’t see an end to the end around us fed is doing with usa i bonds.

all stable coins pegged to the us dollar are complete shit when compared to a usa I bond.

every year 330 million people are allowed to buy 3.3 trillion dollars in I bonds.

I bonds are pegged with perfection to the us dollar.

thus all usd pegged  stable coins are under constant pressure from I bonds.

Since inflation did not drop and the new I bond number comes out on oct 1 it will be high again this means huge pressure against all stable coins pegged to the usd.

since a lot of btc is purchased with exchange held stable coins which are a little more liquid then I bonds

When and If someone is faced with keeping 10000 in a stable coin waiting to get btc or fuck it just buy 10 x 1000 I bonds I am thinking a lot of money is flowing into I bonds. hurting btc purchases.

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[1686073116]

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[ChartBuddy]

Explanation

[Gachapin]

copypasta twitter, but I think it's worth it


This is your King of POS

Simply by staking his massive pre-mine he will generate yields for generations to come

No work or cost required,he can simply relax and get yield in perpetuity at no cost whatsoever

Congrats for re-creating another unjust fiat system Ethereans 🫠



https://twitter.com/BitcoinMemeHub/status/1570544304929767424

[OutOfMemory]

Trigger warning  

Honestly, Ether got pretty useless by the merge, and as usual, useless things tend to become worthless.
No question that this coin was never meant to  be decentralized and free, because there would have been no switch to PoS.
It would not be the worst if Ethereum would get hacked, i mean big time. Even though it would hurt crypto a lot and Bitcoin a little bit too, it would lay out the basic plan for Bitcoin moving forward.
I can understand those motivations, like "saving energy", "saving climate", "getting more appealing in a CO2 way of things"... and so on, but this type of hysteria isn't very objective. The underlying assumption is that Crypto is obsolete, some nerdy hoax trend that outgrew itself. Do you by chance think about NFT as well, while finishing to read the preceding sentence? *lol*
If Bitcoin would be understood as a tool to manage wealth, it has to seem useless to the unwealthy ones. "Wasting power" is only the cream top.
Something important as food can rise in price, need magnitudes more of electric energy for maintaining production and distribution, almost nobody would want to "ban food".
Bitcoin has to become more imortant, then it won't be fought as much, people would want to learn how to use it.
At least one of the main competitors is now getting slowly drowned in uselessness.

#KingDaddyForever  

GN WO

[ChartBuddy]

Explanation

[BitcoinBunny]

If only that Ethereshitum could do another couple of merges so we will never see it mentioned ever again.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Gachapin]

popcorn time


Ether’s New ‘Staking’ Model Could Draw SEC Attention
https://www.wsj.com/articles/ethers-new-staking-model-could-draw-sec-attention-11663266224

Securities and Exchange Commission Chairman Gary Gensler said that cryptocurrencies and intermediaries that allow holders to ‘stake’ their coins might pass a key test used by courts to determine whether an asset is a security.

[ChartBuddy]

Explanation

[Biodom]

Partially OT...although I traded VB coin when it was profitable to do in the past, over the last 3-4 years I gravitated more and more toward an opinion similar to philipma's:
VB coin turned out into an abomination (maybe it always was  ).
I honestly don't see how it can succeed long term when there is no 'independence' mechanism there whatsoever.
They can turn and twist their tokenomics any way they can and NOW Gary is chiming in with this snippet:
https://www.wsj.com/articles/ethers-new-staking-model-could-draw-sec-attention-11663266224

TL;DR securitaa...securitaaaaa..

Not sure what would happen with it's POW offshoot (that is coming tomorrow). Could be a gimmick or could provide a valuable lesson.

IMHO, there is NO difference between fiat and POS VB coin..not even now, but most certainly not in the future.

It all is up to bitcoin and if it fails (which I doubt), then it's all just history and we would be back to square one or worse, essentially.

All pos coins are worse than fiat.

they are essentially unregulated bonds.

which is worse than fiat.


back to btc
can’t see an end to the end around us fed is doing with usa i bonds.

all stable coins pegged to the us dollar are complete shit when compared to a usa I bond.

every year 330 million people are allowed to buy 3.3 trillion dollars in I bonds.

I bonds are pegged with perfection to the us dollar.

thus all usd pegged  stable coins are under constant pressure from I bonds.

Since inflation did not drop and the new I bond number comes out on oct 1 it will be high again this means huge pressure against all stable coins pegged to the usd.

since a lot of btc is purchased with exchange held stable coins which are a little more liquid then I bonds

When and If someone is faced with keeping 10000 in a stable coin waiting to get btc or fuck it just buy 10 x 1000 I bonds I am thinking a lot of money is flowing into I bonds. hurting btc purchases.

I dunno, I don't sneeze at a thousand bucks interest on a 10K investment in 12 mo (or a bit less soon), but did not go through the motions yet.
I doubt that many of those 300 mil people are doing it.
The conditions for this used to be better (with an extra % on the top of basically inflation).

[ChartBuddy]

Explanation

[ThemePen]

Now scammers are using vitalik (shit founder) name.

 

Horey fuck.

How would you even conclude that kind of information even comes close to anything that would be of concern here?

As the presupposed "adult" in the room, this is how I feel right at this moment.



Remember that I have intended that no actual babies would be damaged with my communicating these kinds of feelings of frustration.

I apologize if hurts.  But my purpose was that, many scammers are making new and new methods to hack to steal to grab you assets.
I just share in a fun way.

I know here are the legends and know that how to protect? But many are newbies jr members too.

Any ways if hurts so apologize.

[nutildah]

Horey fuck.

How would you even conclude that kind of information even comes close to anything that would be of concern here?

As the presupposed "adult" in the room, this is how I feel right at this moment.

He's here in good part because of you.

If you feed stray cats, you shouldn't complain when they shit on your porch.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[psycodad]

Do you actually read the WO or post-only?

Bigcommerce Launches Bitcoin Paymens For 60,000 Merchants.

https://bitcoinmagazine.com/business/bigcommerce-bitpay-coinpayments-launch-crypto-payments

Shopify competitor BigCommerce integrates BTC Bitcoin payments 🙌

Bitcoin Magazine

There we go BigCommerce. Make it happen and force Shopify to do the same.

[ThemePen]

He's here in good part because of you.

I am not here just because of him. And not for this kind of feed which you are talking about.

And you think if this feed will not be given, so I will not come here. So you are at wrong side.

Do you actually read the WO or post-only?

Mostly I read the post and the link too. But some time I missed both.

[ChartBuddy]

Explanation

[El duderino_]

Do you actually read the WO or post-only?

Bigcommerce Launches Bitcoin Paymens For 60,000 Merchants.

https://bitcoinmagazine.com/business/bigcommerce-bitpay-coinpayments-launch-crypto-payments

Shopify competitor BigCommerce integrates BTC Bitcoin payments 🙌

Bitcoin Magazine

There we go BigCommerce. Make it happen and force Shopify to do the same.

Many do only post and seek merits….