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

[OgNasty]

I continue to be surprised by Bitcoin’s strength here. This is the first sign I’ve seen of Bitcoin actually performing like a safe haven. There’s still a long road ahead, but having its value rise against some major currencies in a time of crisis is a nice development. The US Dollar is still holding pretty strong, but I suspect that won’t last much longer. When the dollar joins other fiat currencies it might be Bitcoin’s time to shine. I remain skeptical but hopeful.

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[Cratoon]

After covering a brief timeline of evidence against Craig Wright’s assertion to be Satoshi, Hodlonaut’s lawyer went on to discuss trusts, keys, and hash. The judge admits that she does not have a full understanding of how hash functions operate.

Huh? Really?
If so, We need some experts on the court who don't want to be anonymous. LOL

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[JayJuanGee]

I continue to be surprised by Bitcoin’s strength here. This is the first sign I’ve seen of Bitcoin actually performing like a safe haven. There’s still a long road ahead, but having its value rise against some major currencies in a time of crisis is a nice development. The US Dollar is still holding pretty strong, but I suspect that won’t last much longer. When the dollar joins other fiat currencies it might be Bitcoin’s time to shine. I remain skeptical but hopeful.

I don't doubt that there are going to be some calamities along the way as various currencies fail faster and more quickly than the dollar.. but we are likely going to continue to witness dollar milk shake theory playing out, and sure it is not really fair, but that seems to be the way that the cards are currently stacked.. so it could take a while for the dollar to be hit as hard as the other failing currencies first (and sure there is going to be blow-back because no one really likes it, even while it is happening and they likely want to attempt to cause changes to the direction - which may or may not be possible).

I hope that it does not happen quickly.. because it is already scary to be witnessing it happening.  A lot of people, institutions and governments getting fucked.. and surely some people are able to protect themselves better than others. .but sometimes explosions along the way too.. so for it continues to be scary and it sucks.. even though bitcoin surely continues to seem to be an ongoingly great and decent hedge in these matters.

After covering a brief timeline of evidence against Craig Wright’s assertion to be Satoshi, Hodlonaut’s lawyer went on to discuss trusts, keys, and hash. The judge admits that she does not have a full understanding of how hash functions operate.

Huh? Really?
If so, We need some experts on the court who don't want to be anonymous. LOL

That's how courts work.  Judges do not know everything, and there may be areas in which they have hardly any clue.. so the rely on the parties to make the issue clear to them.  Of course, if the court feels that it is getting mislead in materially important ways, it can seek advice (or even seek information from third party sources), but usually they will not do that, they will just try to pressure the parties to provide expert witnesses in order to get sufficiently informed on the topic.. and yeah sometimes they will make mistakes because they do not understand some aspects sufficiently well, to the extent that the issue actually matters to some material question that they believe that they are answering in the case.

In this case, the question in front of the court seems to be more about whether or not Hodlonaut should be held liable for any damage that he might have caused to CSW in his proclamations that CSW is not satoshi and other denigrating statements that Hodlonaut made in that direction.. and the truth of the matter of whether CSW is satoshi seems to be more of a side issue, even though the answers to those kinds of questions can be helpful in terms of figuring out if hodlonaut is completely not responsible, and then the other question would be if the Norwegian court answers the question thoroughly enough in order that CSW would not be able to proceed with the same issue in the UK courts, which seem to be even more friendly towards defamation claims.. so in that regard, hodlonaut's team has incentives to more thoroughly resolve the matter in Norway so that it would be precluded from being raised through the UK court systems.

[xhomerx10]

Sea Candies....

 Is that partially digested plastics from the stomachs of Baleen whales?

[Rockstarguy]

https://twitter.com/citamole/status/1575878836549746689?t=E8N-hPo7Ywhy69og2UGcGw&s=19

[ChartBuddy]

Explanation

[JSRAW]

Happy Thursday.

JJg dig?

WO family should be ashamed for forgetting the sacred tradition and that includes you too Hueristic and that +1 fella ( He's getting old but not leaving his bad habits). Although it's " Fuck you ***" but I like this bot #Nohomo

btw loving Putin's speech despite his fuckery, IMO he's hitting the right cords but ofc it depends on where you come from.

[Ami0]

https://twitter.com/MemeingBitcoin/status/1575824521470566400?t=MnpO2l62iA90J-emdOAv-A&s=19

[JayJuanGee]

Happy Thursday.

JJg dig?

WO family should be ashamed for forgetting the sacred tradition and that includes you too Hueristic and that +1 fella ( He's getting old but not leaving his bad habits). Although it's " Fuck you ***" but I like this bot #Nohomo

btw loving Putin's speech despite his fuckery, IMO he's hitting the right cords but ofc it depends on where you come from.

ToxicMoxic and me.. .we are the best of buddies.

We just get enjoyment in the process of talking dirty to each other.

#that'sall

#dyor

#ymmv


#toxic moxic is a dweeb
(a lovely one #nohomo)

[Toxic2040]

~snipped~

..No sense of humor..

    - busted....this is true

..Doesn't not want to get fired..

   - does not not?

..and failing/refusing to cooperate.

   - as much as possible

..What can be done when a member is no longer meme-worthycapable?  has turned into Meme-suckable.. in fact, and overly emotional bout nuttin, too..

   -  there is a old observer pasture somewhere i am sure...staying in it can be problematical

..-10 WO merits...   to you..

  - again...you have no power here!

..By the way...Could we...stave off some of the Armageddon.....so that we can have a MOAR smoother and MOAR better and MOAR comfieeee...transition into the death of fiat?....don't want no pension systems going to zero and grandmas eating all the catfood.....me and my lil precious are sensitive to the needs of no coiner and low coiner normies - especially prior to their transition into coiner status (aka currently pre-coiners).... at least me is a sensitive one (if you had not noticed how sensitive is this here kitty cat?)... my lil precious doesn't seem to give too many shits whether Armageddon takes place or no.

   - ok

[OutOfMemory]

Saylor's buying, so you can be sure the price absolutely will not sustain itself above $20k. We'll be below $19k next week as the world continues to offload this particularly useless risk asset in the midst of a financial crisis that only fiat can save us from. Hop on the USD lifeboat before it's too late.

USD lifeboat:

[BitcoinBunny]

The James Webb telescope photographed a great giant diamond dildo in space.



#DiamondHands
#Hodl

[ChartBuddy]

Explanation

[Inwestour]

The President of KAZAKHSTAN said that they will be ready to legalize Bitcoin and crypto transactions if there is more demand from its citizens for it. This is a very good thing because considering KAZAKHSTAN is a country located in the Central Asian region and is also very prosperous in its economy. Hopefully in the near future more people can use Bitcoin and crypto transactions so that they can request legalization from the president for Bitcoin and crypto transactions in the country.

Source: https://twitter.com/BTC_Archive/status/1575481715643928580

Of course, Kazakhstan is a rapidly developing country with a very great potential, and now they are discussing the legalization of crypto, but at the same time they complicate the work of the miners. Back in February of this year, it was proposed to raise electricity prices for miners and later it was nevertheless implemented: source.

Tokayev is not against legalizing the cryptocurrency and is also not against the work of miners on the territory of Kazakhstan, but he will not miss the opportunity to make money from this.

[JayJuanGee]

..Doesn't not want to get fired..

   - does not not?

Did somebody die and assign toxic moxic as the grammararianing police?



anyone?




anyone?




help

help

help

..What can be done when a member is no longer meme-worthycapable?  has turned into Meme-suckable.. in fact, and overly emotional bout nuttin, too..

   -  there is a old observer pasture somewhere i am sure...staying in it can be problematical

ooowhooo...

oo


ow


eeee


aaa


hhh


chug a chug a chug a chuck




eeerreeeeeeerrrrr




oooo

uuuuu









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[ChartBuddy]

Explanation

[philipma1957]

Saylor's buying, so you can be sure the price absolutely will not sustain itself above $20k. We'll be below $19k next week as the world continues to offload this particularly useless risk asset in the midst of a financial crisis that only fiat can save us from. Hop on the USD lifeboat before it's too late.

USD lifeboat:

dude that shit may stink but it does float.

all us citizens should be grabbing us savings bonds type I right now.

let proudhon lead the way.

[Franctoshi]

Best answer for people that are drinking medicine over another person's sickness.


https://twitter.com/BitcoinMagazine/status/1575943263546011648?t=TAUs-jWTJJvTC-Z8krm5wQ&s=19