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

[cygan]

[Torque]

OT: Good ol' Jim Cramer, still rug pulling clueless retail investors since the Bear Stearns fiasco and before.

CNBC's Jim Cramer eviscerated for touting Silicon Valley Bank weeks before disastrous collapse
https://www.foxnews.com/media/cnbcs-jim-cramer-eviscerated-touting-silicon-valley-bank-weeks-disastrous-collapse

Memba this? Pepperidge Farm 'members.

https://app.hedgeye.com/insights/70141-remember-this-jim-cramer-bear-stearns-is-fine-do-not-take-your-mon

[bitcoinPsycho]

https://www.euronews.com/next/2023/03/11/silicon-valley-bank-collapse-fears-of-financial-crisis-after-bank-used-by-us-tech-sector-f


And so it begins

[ChartBuddy]

Explanation

[vapourminer]

I just got off the phone with the CEO of Bitcoin and he said

ℕ𝕌𝕄𝔹𝔼ℝ𝕊

𝕎𝕀𝕃𝕃

ℂℍ𝔸ℕ𝔾𝔼

you and your private line to the boss

showoff

 

[fillippone]

Well, That's a good idea to teach them about Bitcoin. Not sure which grade it is. But, If they teach to all grade students.
That would be appreciated. Not sure if it's on all schools or only on one school. Even if it's on a One specific school. Claps for this school.

This was an high-school in Turin.
This was the first cycle of lessons and they had quite an high-level panel of Speakers (Giacomo Zucco, Alexis Filini et al.). I really can't see Giacomo touring Italian high-school to give this set of lectures, but for sure others can keep on the project, and also they are releasing all the video son YouTube, so that other school can have access to those lessons.

Here more informations, in Italian

I decided to open a thread on this initiative.
Maybe you know Italian, maybe you can use and AI based service to translate from Italian.
3 hour talk by Giacomo Zucco to start with!

Thread: Bit Generation by Polito

Course description (in English)

[ChartBuddy]

Explanation

[philipma1957]

Huh?
I am not into altcoins. But, WTF is happening in the market today?
Three stablecoins de-pegged. Stablecoins are not stable anymore.

https://coinmarketcap.com/currencies/usd-coin/ USDC Was traded for $0.877
https://coinmarketcap.com/currencies/multi-collateral-dai/ DAI Was Traded for $0.911
https://coinmarketcap.com/currencies/fei-usd/ FEI Was traded for $0.89.

FEI was de-pegged in 2021. But, This is the first time for USDC and DAI.

Hey, You. Yes, You. Haha, You were afraid of Bitcoin, and you were holding USDC? 

Silicon Valley Bank 16 th largest in USA was forced to close by the feds.

200 billion in assets.

One of the largest US banks to ever fail.

Joe Biden and the Fed will continue the all out attack on “inflation”

and anyone betting that rates will drop in the next three adjustments will be crushed

March 22
May.     3
June. 14.  are next three jumps

should be 0.50 each time

and late april early may new i-bond 8.3%

the good thing is eventually they will pivot. so buy dip and hodl. pivot will be nice.

[BitcoinBunny]

OT: Good ol' Jim Cramer, still rug pulling clueless retail investors since the Bear Stearns fiasco and before.

CNBC's Jim Cramer eviscerated for touting Silicon Valley Bank weeks before disastrous collapse
https://www.foxnews.com/media/cnbcs-jim-cramer-eviscerated-touting-silicon-valley-bank-weeks-disastrous-collapse

Memba this? Pepperidge Farm 'members.

https://app.hedgeye.com/insights/70141-remember-this-jim-cramer-bear-stearns-is-fine-do-not-take-your-mon

Lol.

https://www.youtube.com/watch?v=i2d7gPelw58&ab_channel=MarkDice

[xhomerx10]

.....

looks like they use real money ^(BTC) to pay off debt.

I do that too.

is that how the economy works

Bitcoin is rat poison.

After all it’s so true!!!


https://www.reddit.com/r/Bitcoin/comments/11nu2ui/warren_buffett_bitcoin_is_rat_poison/

it would be great if Rentokil accepted Bitcoin

 I imagine they used to until that whole Dread Pirate Roberts thing.

[OnZen]

[ivomm]

https://www.euronews.com/next/2023/03/11/silicon-valley-bank-collapse-fears-of-financial-crisis-after-bank-used-by-us-tech-sector-f


And so it begins

Bitcoin is so deep into US economy that only morons can think they can harm it and get away with it. No spot ETF, ban this ban that. Now let all US economy collapse, FED, SEC and fat neck bankers deserve it!

[ChartBuddy]

Explanation

[estenity]

Huh?
I am not into altcoins. But, WTF is happening in the market today?
Three stablecoins de-pegged. Stablecoins are not stable anymore.

https://coinmarketcap.com/currencies/usd-coin/ USDC Was traded for $0.877
https://coinmarketcap.com/currencies/multi-collateral-dai/ DAI Was Traded for $0.911
https://coinmarketcap.com/currencies/fei-usd/ FEI Was traded for $0.89.

FEI was de-pegged in 2021. But, This is the first time for USDC and DAI.

Hey, You. Yes, You. Haha, You were afraid of Bitcoin, and you were holding USDC? 

USDC has exposure to Silvergate and Silicon Valley Bank. Basically USDC is no longer fully backed (if it ever was).

https://www.zerohedge.com/crypto/usdc-stablecoin-breaks-peg-circle-admits-billions-stuck-svb

[JimboToronto]

According to Bitcoin experts

"experts"

The only "Bitcoin expert" is (or was) Satoshi.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Toxic2040]

fallout in the banking sector continues with SVB being shut down by the fed

ties to the USDC and Circle sent the stablecoin plummeting yesterday, de-pegging to $0.91 at one point and setting up a short squeeze on the btc pair,  which spiked over $26k on Kraken in late session trading.



https://cointelegraph.com/news/bitcoin-price-spikes-to-26k-in-usdc-terms-how-high-can-the-btc-short-squeeze-go

huh...weekend..banks closed...go figure....monday should be interesting



what a shitshow


---------------------------


the caturday morning wall report

plenty of volatility for all you knife catchers and throwers out there..

cannon fire appears effective... and on target....prepare to come about and load another volley
all ahead full

dyor


4h


D

stronghands

[OgNasty]

I’ve started getting calls from friends, asking me how worried they should be about the current situation in crypto. I don’t know if that is a good thing as people are scared, and that signals the bottom, or if it is a horrible thing that we’re about to witness a global 2008 style collapse in all assets. My hope is that this is the time to buy when there’s blood in the streets but we will see.

[Paashaas]