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

[Richy_T]

I don't know what the fuck is coming up, but it doesn't seem good.

Whatever it is, you know their response will be to run the presses even faster.

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[philipma1957]

That latest U.S. jobs report is pure BS. With all the mass layoff announcements? In the first two weeks of Jan?

No. Fucking. Way.

I'm sure the numbers were fudged, probably pulled forward holiday and contract hires, just to dump on the longs.

They'll revise down months later.

The Fed really wants to keep this inflation narrative and rate hikes going, drag it out for as long as possible.  

Probably a better measure but not reported in the media:


That is pretty bad and about the same as the UK where many over 50 year olds have given up working as it just doesn't make sense with the high taxes, especially on large pension pots.

And you know which other country has a 62-ish % labor participation rate?
Russia!

Most of Europe in fact scores worse. Only The Netherlands and the Scandinavian countries do a bit better.

These countries surprisingly all score (much) better:
The Republic of Congo 66%
China 68%
Ghana 68%
Kazakhstan 69%! (Borat will be happy, also with that number)
Central African Republic 71%
Niger 73%
Zambia 73%
Cameroon 75%
Bolivia 76%
Rwanda 82%
Madagascar 85%
Qatar 87%

Laughably low labor participation figures in the west. I think we are done for with this self destructive path, including big problems with demographics and scamming cunt politicians and central banks.

Maybe Bitcoin can save us to a certain extent but except for that I suspect the continent that has a bright future ahead in the next 100 years is mostly going to be Africa.

. Well  the gov is feeding money into the over 62 crowd.

[Biodom]

I don't know what the fuck is coming up, but it doesn't seem good.

https://www.cnbc.com/2023/02/03/us-credit-card-debt-jumps-18point5percent-and-hits-a-record-930point6-billion-.html

FTA:

- Total credit card debt reached a record $930.6 billion in the fourth quarter of 2022, according to the latest credit report from TransUnion.
- As balance rise, so have delinquencies, which is “something to watch,” says TransUnion’s Michele Raneri.

One reason is that in Q4 there were a lot of cc offers with 18 mo no interest, extending into May-June 2024.
People treat it as, essentially, "free money" and forget that they would have to pay, eventually.

[ChartBuddy]

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[HI-TEC99]

[ChartBuddy]

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[shahzadafzal]

I see a bull ready to end the winter…!!!


https://twitter.com/fasc1nate/status/1621680799702458369

[cygan]

need it!

[ChartBuddy]

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[Lainta]

Starting today, Twitter will share ad revenue with creators for ads that appear in their reply threads

https://twitter.com/elonmusk/status/1621544497388875777?t=uAVEs5ScTlvd-VLU4NSKDA&s=19

[ChartBuddy]

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[BitcoinBunny]

"What balloon?"




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How is that global warming working out?

Coldest wind chill ever recorded in continental US, say forecasters
https://www.bbc.co.uk/news/world-us-canada-64485092

[ChartBuddy]

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[BillyCoiner]

Shorts piling up.

Might spend Grandma’s food money on some sats if price starts dipping hard.

[ChartBuddy]

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[Lainta]

JUST IN - 🇱🇰 Sri Lanka Central Bank Governor: Adoption of Bitcoin won’t be our reality ever.

#Bitcoin   : Hahahahahaha

https://twitter.com/BitcoinMagazine/status/1621837314468052992?t=K5j7QvkLumWjRI0siVDU3g&s=19