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

[nutildah]

you're saying maxis aren't supposed to use bitcoin for what it was actually made to do?

seems a little counter-intuitive. yes i get the whole vibe of the thread is to cheerlead the price of BTC up into infinity, but without people using bitcoin as a currency it would have little actual value.



Somewhat surprised to see Saylor simping for the feds who just punished one of the last honest exchanges around. Guess he's trying to buy credibility points with them. Microstrategy custodies their BTC with a competing exchange so that partially explains it. Still a bit two-faced imho.

[ChartBuddy]

Explanation

[Gachapin]

Are we poor again?

Yup.

Rally officially cancelled. Biden is Choke Pointing the sh*t out of BTC:
https://www.forbes.com/sites/billybambrough/2023/02/09/us-accused-of-trying-to-quietly-ban-bitcoin-ethereum-and-crypto/?sh=711fb8616403

Of course. Big government destroys everything or at least it tries to.

Whether it's Trump or Biden, this whole notion of "Buy American" and forcing that upon businesses and people is stupid too.
The free market / capitalism is what brought prosperity, not government intervention and telling people what to do and how to do it.

They want people to stay poor and certainly not become as successful as they are since they are criminal gangster jealous mobsters. They want their slaves to use their own created CBDC of which they can create unlimited more units. Bitcoin is in the way so they will go after it.

Maybe that's just FUD.

If not:
they could aim at shutting out the small guy as long as all the big ones haven't bought yet.

They might open up again when it's time to dump on retail.



Edit:

I just saw Biodom had a similar idea

...
My take would be that they would want to channel bitcoin (and others) from the proverbial 'peons' to 'accredited investors', aka mostly institutions and wealthy individuals.
The probability of that might be high.
...

[ChartBuddy]

Explanation

[HI-TEC99]

you're saying maxis aren't supposed to use bitcoin for what it was actually made to do?

...

He might mean this.



Or this.



Or this.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[BitcoinBunny]

"It's OK if I do it, but not when you do it."

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[BitcoinBunny]

you're saying maxis aren't supposed to use bitcoin for what it was actually made to do?

...

He might mean this.



Or this.



Or this.

Hey BTC finally breached the $1 million USD mark, wow. Unfortunately $1 million only buys you a snickers in today's money thanks to presidents HillyBillyBob Clinton Jr, Camel Z. Harris Jr, Hunter Biden Jr and Donald Trump Jr Jr. How long did you say you were hodling again?

[ChartBuddy]

Explanation

[shahzadafzal]

you're saying maxis aren't supposed to use bitcoin for what it was actually made to do?

...

He might mean this.

Hey BTC finally breached the $1 million USD mark, wow. Unfortunately $1 million only buys you a snickers in today's money thanks to presidents HillyBillyBob Clinton Jr, Camel Z. Harris Jr, Hunter Biden Jr and Donald Trump Jr Jr. How long did you say you were hodling again?

Well almost agree with HI-TEC99… HODL doesn't mean cut off your life spendings and live a miserable life, while hodling a stash like “my precious”. At the same time it also depends how much are in in Bitcoin.

To me HODL means don’t touch it, unless you are left with no other option. I remember in OCT/NOV of 2020 I was about to sale “some” for an urgent need but then at the last moment fulfilled that need with a credit card and paid back it in monthly installments (0% interest) that’s how you HODL… resist as much as possible!!!

In BitcoinBunny case if you going to hodl that long… let me tell you… you are going to spoil you grand kids… if you know what I mean.

[ChartBuddy]

Explanation

[cygan]

[puloweh555]

In January 2023 the increase in the price of Bitcoin can be said to be extraordinary even though there is still a correction in the market as seen today. But there is a strange but real thing that happened to the 14 largest crypto companies where they in January started to cut the number of their workers which is at least 2,900 workers or almost 3,000 for staff. These companies are Coinbase, Gemini, Digital Currency Group, ConsenSys, and Blockchain.com.

I don't know why these companies are laying off some of their staff this month, even though in general the movement of Bitcoin is working very well this month and also has the possibility to remain good in the next month if nothing bad happens that can affect the market and Bitcoin as a whole general.



Reference Source: https://cointelegraph.com/news/crypto-firms-cut-nearly-3-000-jobs-in-january-despite-bitcoin-s-rise

The easiest way to keep profitability steady is to cut costs. That doesn't necessarily mean the business is bad. It's just a way to appease shareholders and unfortunately it's always the employees who bear the brunt.

[hisslyness]

Gulp! Gulp! 

https://youtu.be/XatesnI2dcg

[BitcoinBunny]

[ChartBuddy]

Explanation

[AverageGlabella]

you're saying maxis aren't supposed to use bitcoin for what it was actually made to do?

...

He might mean this.

Hey BTC finally breached the $1 million USD mark, wow. Unfortunately $1 million only buys you a snickers in today's money thanks to presidents HillyBillyBob Clinton Jr, Camel Z. Harris Jr, Hunter Biden Jr and Donald Trump Jr Jr. How long did you say you were hodling again?

Well almost agree with HI-TEC99… HODL doesn't mean cut off your life spendings and live a miserable life, while hodling a stash like “my precious”. At the same time it also depends how much are in in Bitcoin.

To me HODL means don’t touch it, unless you are left with no other option. I remember in OCT/NOV of 2020 I was about to sale “some” for an urgent need but then at the last moment fulfilled that need with a credit card and paid back it in monthly installments (0% interest) that’s how you HODL… resist as much as possible!!!

In BitcoinBunny case if you going to hodl that long… let me tell you… you are going to spoil you grand kids… if you know what I mean.

Hodl should not stop you from taking btc out if you are in trouble to I think a lot of people have the btc maxi attitude of hodl can never be touched and if you do you are a failure but some things are more important then profiting. If you need help with medical bills or anything that has come up that you did not expect and could cause problems just use the money you have saved and if some of that is being hodl then do not worry about it. The people who refuse to touch it and then get into more trouble are not impressing any one.