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

[ChartBuddy]

Explanation

[goldkingcoiner]

Vietnam is sentencing corrupt bankers to death, by firing squad

source: https://theworld.org/stories/2014-04-03/vietnam-sentencing-corrupt-bankers-death-firing-squad


Vietnam knows how to deal with its real criminals...

[heslo]

Vietnam is sentencing corrupt bankers to death, by firing squad

source: https://theworld.org/stories/2014-04-03/vietnam-sentencing-corrupt-bankers-death-firing-squad


Vietnam knows how to deal with its real criminals...

There'd be no bankers left in the western world if we did that

[rdbase]

There'd be no bankers left in the western world if we did that

How about this banker, wouldn't you trust this face?


Careful with this one. It might get too dizzy for the rest of the day
https://rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:86965?tab=overview

[ChartBuddy]

Explanation

[xhomerx10]

It Turns Out That JPMorgan Bought the Nickel That Turned Out to Be Stones

JPMorgan Chase owned bags of material kept in a Dutch warehouse that were supposed to contain nickel but turned out to be full of stones, people familiar with the matter said.

The London Metal Exchange said last week that sacks thought to hold 54 metric tons of nickel in an unnamed warehouse had failed to comply with its standards.

Wonder how we are going to end up paying for that?

  They've been manipulating precious metal prices for years so I find it hard to believe they were duped by a few bags of rocks purported to be nickel.  I'm sure it's part of a larger scam they're working on.
Anyway, even if it was supposed to be nickel, it's barely over a million dollars worth; a tonne of nickel is worth ~80% of one bitcoin.  Not even sure why this is a story since $1M is a drop in the bucket for ole JP with a net profit of $128B last year.

[somac.]

Been keeping an eye on the blockchain recently and some of the fees people are paying are just stupid.

https://mempool.space/block/00000000000000000002fdd66d936a647b515255f947eba8931129136080b5ef?showDetails=false&view=actual#block

One transaction from this paid 4288 sat/vB in fees others are paying over $700 in fees at 100sat/vB. Both stupid even with the somewhat elevated fees right now.

[somac.]

https://www.theguardian.com/business/2023/mar/22/uk-inflation-rate-rises-price-rises-interest-rates

Ooooof, lucky it's just transitory

10.4% inflation.

"A complete shock."
"Totally unexpected."

How could this possibly happen with our safe pound handled by such professor geniuses such as Andrew Faily, Jeremy Cunt and Rishi Sputnik.

Ironically, my insurance payouts were upped by roughly 6% ("inflation compensation") for 2023.
Don't ask me how they calculated that number, i guess they just left energy and food prices out of the equation  
On the other hand, i'm really blessed to get regular money from the social system, at my age, at all.

EDIT: While the government's economic experts recently said it's very OK for everyone to work full time until the age of 80. 

I feel sad for the 70-something year old people you see at supermarket checkouts now even at times. Sure, that age range will probably only increase with evil insane policies being invented right now.

These people should be able to put their feet up.

But this is what you get with evil fiat pushers in charge.

The trouble is you get the government you vote for. In my country few people bother voting for the minor parties, so as much complaining as there is, people must actually love it otherwise they wouldn't vote for it.

[philipma1957]

It Turns Out That JPMorgan Bought the Nickel That Turned Out to Be Stones

JPMorgan Chase owned bags of material kept in a Dutch warehouse that were supposed to contain nickel but turned out to be full of stones, people familiar with the matter said.

The London Metal Exchange said last week that sacks thought to hold 54 metric tons of nickel in an unnamed warehouse had failed to comply with its standards.

Wonder how we are going to end up paying for that?

  They've been manipulating precious metal prices for years so I find it hard to believe they were duped by a few bags of rocks purported to be nickel.  I'm sure it's part of a larger scam they're working on.
Anyway, even if it was supposed to be nickel, it's barely over a million dollars worth; a tonne of nickel is worth ~80% of one bitcoin.  Not even sure why this is a story since $1M is a drop in the bucket for ole JP with a net profit of $128B last year.

yeah 2204 x 10.23 = 22546 a ton

[ChartBuddy]

Explanation

[xhomerx10]

https://www.theguardian.com/business/2023/mar/22/uk-inflation-rate-rises-price-rises-interest-rates

Ooooof, lucky it's just transitory

 Well now we know who didn't watch the video linked a couple of posts back - "Legarde was pranked by a fake Zelensky"

 Legarde: ...so the inflation that we had hoped would be transitory has continued much longer than thought and at a much higher level than expected...

 It's worth listening to the clip as fake Zelensky gets a lot of interesting information out of her.

[philipma1957]

https://www.theguardian.com/business/2023/mar/22/uk-inflation-rate-rises-price-rises-interest-rates

Ooooof, lucky it's just transitory

 Well now we know who didn't watch the video linked a couple of posts back - "Legarde was pranked by a fake Zelensky"

 Legarde: ...so the inflation that we had hoped would be transitory has continued much longer than thought and at a much higher level than expected...

 It's worth listening to the clip as fake Zelensky gets a lot of interesting information out of her.

Are the 70's coming back Who remembers this term "Stag-flation"


google search result below

"The stagflation of the 1970s, a combination of slow growth and rapidly rising prices, challenged prior assumptions, leading economists to examine the causes and policies that would end the stagnant period."

[xhomerx10]

https://www.theguardian.com/business/2023/mar/22/uk-inflation-rate-rises-price-rises-interest-rates

Ooooof, lucky it's just transitory

 Well now we know who didn't watch the video linked a couple of posts back - "Legarde was pranked by a fake Zelensky"

 Legarde: ...so the inflation that we had hoped would be transitory has continued much longer than thought and at a much higher level than expected...

 It's worth listening to the clip as fake Zelensky gets a lot of interesting information out of her.

Are the 70's coming back Who remembers this term "Stag-flation"


google search result below

"The stagflation of the 1970s, a combination of slow growth and rapidly rising prices, challenged prior assumptions, leading economists to examine the causes and policies that would end the stagnant period."

 Oh I remember that and I relished it!  I went to the bank with CA$100 CAD to change to USD for a trip and they gave me US$105 for it.  The US always had a much greater variety of goods for purchase than Canada and you had those "all you can eat" buffets too; even as a middle class Canuck, I felt like a rich kid going on vacation.

edit: just went there last week and I got less than US$72 for that same CA$100.  Also, the prices of pretty much everything are higher in the US without even taking the exchange rate into account.  I got soaked.
edit2: gasoline might have been slightly cheaper than here but it's hard to convert on the fly from US dollars per US gallon to Canadian dollars per liter

[ChartBuddy]

Explanation

[El duderino_]

[Rabata]

In an attempt to pump for a short period of time, many may be betting on bringing it within 90 days. Which can lead to bigger losses for investors. In such circumstances it is better to wait for a long time. I expect upside for Bitcoin but it should not be a matter of sudden fear. We may get that Fed news soon and some may laugh and some may cry after that.

In recent times many institutional investors have been shifting their money so there is still positive sentiment among investors. Tether has minted 5 billion USD in the last seven days. As far i know Bastion Trading transferred 230.4 million USDT to Binance in the last seven days. Which definitely gives us the green signal.

[ChartBuddy]

Explanation

[Torque]

https://www.theguardian.com/business/2023/mar/22/uk-inflation-rate-rises-price-rises-interest-rates

Ooooof, lucky it's just transitory

10.4% inflation.

"A complete shock."
"Totally unexpected."

How could this possibly happen with our safe pound handled by such professor geniuses such as Andrew Faily, Jeremy Cunt and Rishi Sputnik.

Ironically, my insurance payouts were upped by roughly 6% ("inflation compensation") for 2023.
Don't ask me how they calculated that number, i guess they just left energy and food prices out of the equation  
On the other hand, i'm really blessed to get regular money from the social system, at my age, at all.

EDIT: While the government's economic experts recently said it's very OK for everyone to work full time until the age of 80.  

I feel sad for the 70-something year old people you see at supermarket checkouts now even at times. Sure, that age range will probably only increase with evil insane policies being invented right now.

These people should be able to put their feet up.

But this is what you get with evil fiat pushers in charge.

I remember very distinctly when, right in the beginning of 2021 during the Covid bullshit, a major national grocery store near us scrapped all of their cashier lanes for self-check out lanes. _{(funny how they had those units ready to go right when the pandemic hit, huh? what perfect timing.)}

This grocery store employed mostly 50-65 year old cashiers for years and years.

I remember talking to one of them the week after the switch out, and they said, "No it's a good thing...contactless, faster checkout because people can bag their own groceries...plus our company promised we'd still all be able to keep our jobs."

And they were still there...for about a year. They would oversee/manage the self-checkout units instead of directly checking people out.

Now all those older employees are completely gone, replaced by clueless 20 year olds now.

I guess they can 'put their feet up' now, whether they wanted to or not.

"Keep our jobs, they said."  

[shahzadafzal]

Yes!



https://twitter.com/loveisbitcoin21/status/1638548105506222082?s=46&t=EYlgQnpcCaCtcz2k1MwkNg

[BitcoinBunny]

Lol, those fuckers. 

Moderna to Price Its Covid-19 Vaccine at $130 a Dose
https://www.wsj.com/articles/moderna-to-price-its-covid-19-vaccine-at-130-a-dose-d7f4a956