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

[ChartBuddy]

Explanation

[1713497364]

1713497364

[1713497364]

1713497364

[1713497364]

1713497364

[1713497364]

1713497364

[cAPSLOCK]

Speaking of merit farmers, I have not seen this many before. What changed?

My theory is you can sell a high merit account.  In fact there are a few old timers around that I question the legitimacy of.  BCT Merit is a fiat reputation system.

[ChartBuddy]

Explanation

[vroom]

Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.

Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.

The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.

The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.

How do you assess the current situation the world is in?

[Ami0]

13% of Canadians 🇨🇦  own #bitcoin   

The Bank of Canada reports #bitcoin    ownership has more than doubled in the past year and 90% of Canadians have now heard of #bitcoin   


 https://twitter.com/DocumentingBTC/status/1580898487402909697?t=_tjlYofqk6g02KO4ZIZJ6g&s=19

[DVlog]

13% of Canadians 🇨🇦  own #bitcoin   

The Bank of Canada reports #bitcoin    ownership has more than doubled in the past year and 90% of Canadians have now heard of #bitcoin   

It is a positive sign that the percentages increased but are still it's quite low. How fiat is losing its PPP this number should be higher right now. Maybe the number was higher but some people sell off or liquidate in the bear market.

But the real concern is whether this number really matters or not. Are we ready for mass adoption? I think we need more time. Still, many investors don't know or understand the technology of bitcoin. They just brought bitcoin because they saw or heard from people bitcoin price goes insane amount numbers than traditional stock and forex markets. The BTC market is more mature than it was back in 2018 but still, we need more social awareness.

[Cryptolove20015]

[philipma1957]

So 2022 had an historic low pattern change .

While interesting what does it mean?

Not much if it is a one of 13 year event.

So lets see if the low for 2023 is under 17 and change assuming 17 and change really is the low for 2022.

Mean while I am stacking I Bonds like mad and readying cash for the next tank in price.

[ChartBuddy]

Explanation

[philipma1957]

Sandwiched again buddy.  I am attempting to do at least one or more a day.

We did fail to break 20k last night .

So what's next buddy

[cAPSLOCK]

Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.

Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.

The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.

The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.

How do you assess the current situation the world is in?

I generally agree with your assessment.  However, my tinfoil hat and I believe the events you describe as well as others (US and Western Europe halting domestic energy production, an incredible amount of fires and destruction at food processing and distribution centers all over the world, the mothballing of Nuclear Energy, various social structure attacks (race,sex,gender,religion,politics,etc) and on and on) are not happening by accident, and are part of a conspiracy to move the world into a new system.

IF Freedom (and therefore Bitcoin) wins, I look forward to the trials and executions. That is not a joke.  There are a few I would like to be present for in person. The damage that has been done to my own family members by the perpetrators of this evil is enough that I would clamp my own hands around certain necks myself, and gleefully watch the lights go out.

God forgive me.

[cygan]

made my day 

[BitcoinBunny]

Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.

Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.

The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.

The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.

How do you assess the current situation the world is in?

My prediction for the next 12-18 months?



I think the FED won't pivot till they have had a year of 5% interest rates.

I think that will be key to what people can and can't afford, and thus market confidence.

Sorry....


Meanwhile us in the UK will have gone through probably another 2 prime ministers by then and possibly a new government. I think the current lot will possibly throw in the towel and give us a general election, possibly before the end of the year but if not, definitely in 2023.

[ChartBuddy]

Explanation

[NotATether]

Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.

Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.

The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.

The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.

How do you assess the current situation the world is in?

World wars have little to do with bad debt situations - that's supposed to happen after those wars end.

WWs are the results of political events (e.g. hypothetically the invasion of Ukraine), not economic ones.

[Toxic2040]

the morning wall report


extremely volatile day across markets yesterday has led to a subdued morning of trading this Friday
bitcoin clawing back just over a 1% gain on the day after a massive -5% drop in heavy consolidation...a 6% retrace back into positive territory
currently trading near $19.3kish on light volume
dyor

4h


D

[Paashaas]

Unique intervention on ransomware gang Deadbolt. (scroll down for English version.)

The Dutch National police have had a nice success in fighting ransomware. With ransomware, criminals hold computer files hostage. Victims must pay a ransom to regain access to their files. Yesterday evening, during a targeted operation, Dutch police managed to obtain over 150 decryption keys from ransomware group Deadboltdue to a trick with the bitcoin payments. The police paid, received the decryption keys and then withdrew the payments. These keys allows files such as treasured photos or administration to be unlocked again, at no cost to victims.

The action followed a tip-off from cybersecurity firm Responders.NU about a possible method to obtain decryption keys. Thanks to that tip, the Dutch police in cooperation with Responders. NU has succeeded to obtain almost 90% of the keys of victims that filed complaint in one of the thirteen countries that shared information prior to the action. Several (police) departments are cooperating intensively in this action and were being assisted by the Public Prosecutor’s Office, Europol, the French national police, and the French Gendarmerie. Apart from helping these victims, the action is a nasty blow for the cybercriminals behind Deadbolt: due to a weak link in their operation they were forced to shut down their system. On top of that, it will be clear to them that they are in the crosshairs of international law enforcement authorities: attempts to move their criminal earnings are not without risks.

This case illustrates how the police works to fight cybercrime in a broad sense: disrupting criminals and helping victims. Unfortunately, in this case, not all keys will find their way directly back to the victims. Victims who did not file a report are not always quickly identifiable making it hard to supply them with their key.

[El duderino_]

RIP Hagrid

[ChartBuddy]

Explanation

[OutOfMemory]

Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.

Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.

The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.

The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.

How do you assess the current situation the world is in?

World wars have little to do with bad debt situations - that's supposed to happen after those wars end.

WWs are the results of political events (e.g. hypothetically the invasion of Ukraine), not economic ones.

Look what fundamentally changed after 2008 in economics. Pretty nothing, imho. 2022 is just a continuation, delayed by some golden years, climaxing into the BRRRR movement. Corona, yeah shit happens, but it hit economy in it's weakest spot: Globalization, driven by profit maximization.
Just my 2 cents.