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

[ChartBuddy]

Explanation

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[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[BitcoinBunny]

https://twitter.com/BitcoinMagazine/status/1642619195543224326

This does not surprise me.

Klauss Schwab and his puppets like Trudeau and Legarde want CBDC. WEF also has its puppets in the US and Warren seems to be one of these agents.
All anti bitcoin campaigns ultimately point to the same plan: launch CBDC, limit cash use, prevent bank runs, control people by controlling their savings.

A CBDC will allow them to do much more, mostly by limiting what you can buy; not allowed to pay hookers, not allowed to buy GTA6, only allowed to buy McDonalds once per month.  

Pretty scary but very apt coming from that perverted Government is God lot.

We can only hope that the likes of Schwab and Soros are dead and rotting in the ground before this gets rolled out.


Would people put up with CBDC's and massive control? I can foresee them accepting it for a while, just like the Covid lockdowns, but surely eventually people will say: piss off?

[ChartBuddy]

Explanation

[Lainta]

[BitcoinBunny]

O/T

A week later than planned and I missed Imax.

But John Wick 4 is pretty awesome. Pretty much Top Gun 2 quality.

The movie gets better as it goes on with some crazy long camera action shots in the last hour.
There is a short post credits scene which 99% of the cinema audience I was in missed. 

Looking forward to Mission Impossible 7.

[ChartBuddy]

Explanation

[BitcoinBunny]

[ChartBuddy]

Explanation

[BitcoinBunny]

Oil prices surge after surprise move to cut output
https://www.bbc.co.uk/news/business-65157555

Yael Selfin, chief economist at KPMG, warned that the oil price surge could make the battle to bring down inflation harder.

I just can't see a CB pivot this year. Presumably the markets are pricing this in. Quite happy about McDonalds probably going to lay off thousands. Share prices keep rising.

Maybe we will see a big assed dump in stocks later this year when the reality of the lack of a pivot will set in.

Hopefully BTC won't be affected (again).

[ChartBuddy]

Explanation

[somac.]

Would people put up with CBDC's and massive control? I can foresee them accepting it for a while, just like the Covid lockdowns, but surely eventually people will say: piss off?

I think by that point it will be too late, especially since a CBDC makes funding universal basic income posible with freshly printed reserves, something that can't be done by governments. People will hate the zero hookers and loss of freedom but with out those freshly printed reserves they'll probably starve. Therefore there will be no rocking of the boat by the masses.

[somac.]

Oil prices surge after surprise move to cut output
https://www.bbc.co.uk/news/business-65157555

Yael Selfin, chief economist at KPMG, warned that the oil price surge could make the battle to bring down inflation harder.

I just can't see a CB pivot this year. Presumably the markets are pricing this in. Quite happy about McDonalds probably going to lay off thousands. Share prices keep rising.

Maybe we will see a big assed dump in stocks later this year when the reality of the lack of a pivot will set in.

Hopefully BTC won't be affected (again).

Bond markets, funding markets, etc are still saying there are some deep seated issues in the monetary system that the CBs have yet to band-aid over with their latest alphabet toolkits. So pivot is still very possibe this year. Doesn't mean we won't see a crash though, infact that could be the final symptom before the pivot. Time will tell.

[ChartBuddy]

Explanation

[philipma1957]

Oil prices surge after surprise move to cut output
https://www.bbc.co.uk/news/business-65157555

Yael Selfin, chief economist at KPMG, warned that the oil price surge could make the battle to bring down inflation harder.

I just can't see a CB pivot this year. Presumably the markets are pricing this in. Quite happy about McDonalds probably going to lay off thousands. Share prices keep rising.

Maybe we will see a big assed dump in stocks later this year when the reality of the lack of a pivot will set in.

Hopefully BTC won't be affected (again).

Bond markets, funding markets, etc are still saying there are some deep seated issues in the monetary system that the CBs have yet to band-aid over with their latest alphabet toolkits. So pivot is still very possibe this year. Doesn't mean we won't see a crash though, infact that could be the final symptom before the pivot. Time will tell.

we are going to crash much like 2008

[Torque]

Oil prices surge after surprise move to cut output
https://www.bbc.co.uk/news/business-65157555

Yael Selfin, chief economist at KPMG, warned that the oil price surge could make the battle to bring down inflation harder.

I just can't see a CB pivot this year. Presumably the markets are pricing this in. Quite happy about McDonalds probably going to lay off thousands. Share prices keep rising.

Maybe we will see a big assed dump in stocks later this year when the reality of the lack of a pivot will set in.

Hopefully BTC won't be affected (again).

Bond markets, funding markets, etc are still saying there are some deep seated issues in the monetary system that the CBs have yet to band-aid over with their latest alphabet toolkits. So pivot is still very possibe this year. Doesn't mean we won't see a crash though, infact that could be the final symptom before the pivot. Time will tell.

we are going to crash much like 2008

"Past Performance Is Not Indicative Of Future Results"

Nah, at this point a 2008 style crash is extremely doubtful. Should have happened in March 2020 (actually it DID happen), but they printed trillions $$$$ to bail those world banks and corporations out and wipe away their debt/make them whole.

At this point they are just going to let all of the world's little mom-and-pop businesses and the ones that are heavily in debt either go bankrupt, or swoop in and buy them out for pennies on the dollar (if they have any worth at all). Small business collapse will continue, mergers will continue, and mass layoffs will continue. We are in the heat death of a slow burn, long term recession.

They will make sure that all of the world's major monopolized corporations and investment banks are well capitalized though. As cheap liquidity continues to dry up, it will flee away from risky or low/no return investment entities (as we have already seen with SVB, Credit Suisse, etc) and instead will run to and consolidate at these much larger, more favored companies and banks. Thus accelerating more high risk / small business collapse and bankruptcies.

Perhaps flushing out much of this mal-investment is a good thing. But there will be associated mass layoffs, reduced tax base, and reduced consumption.

I also think the stock market will continue to drift upwards YOY, even with high Fed rates, if nothing more that because inflation will continue.

Throw in a pivot on rates, and that stock rise will begin to accelerate.

[OutOfMemory]

OT: Raynaud's Syndrome

I was discussing with someone on WO suffering from Raynaud's, about last year.
Can't remember who it was.

If you are reading this, please send me a PM.

I think i recommended Lumbrokinase back then, which helped me with light RS quite a bit, but there i got another recent finding that seems to help: Magnesium.

But there's a catch:

I was taking Magnesium in the form of Mg-Oxide for years now, which is poorly resorbed by the body and gives you the shits at even moderate doses. I am speaking of doses of about half RDA (according to the FDA guideline of 350mg pure Mg), so i came through the day with ne third of the RDA through supplemental intake, which didn't help mucle soreness much. I also tried Mg-Citrate, but that messes up my intestines instantly, resulting in even more runs to the toilet at even lower dosage.

When i agreed to myself that there is not much more i can do to up my Mg uptake, i came across Mg-Glycinate (by accident on YouTube linked videos).
It was just running on auto-start mode in the background with  me not really listening, but when the narrator said the words "no loosening of stool" it clicked.
I restarted the vid, which included a comparison of all available forms of Mg as supplements and Glycinate was the one the narrator spoke about.
Ordered some the other day (1000mg caps, which is about 200mg pure Mg, or four sevenths of RDA for adult males), tried it out and yep: No runs, no upset stomach.
Muscle soreness from recent workout were vanishing within a day, skin got moisted up more, bruises were healing unusually quick after three more days and i also got calm and focused, but also a little more awake at night.
On day four, i realized getting glowing warm hands and feet, as well as more restistance to lower ambient temperatures. The effect set in a couple of hours after intake, and lasted for half a day, and when i got outside, the hands and feet were feeling warm inside, though they (hands mostly) got cold slowly outside, but warmed up way faster in warm environments again. I have a slight cold, so i didn't do the icebathing test yet, but it feels like i could tolerate the icy water even better than i have trained myself and my body to do, and also by using Lumbrokinase in the past.

So here's the essence: Magnesium seems to do a lot of good things to the body and nervous system through sufficient dosage.
Most supps you get at drugstores, supermarkets or pharmacies are based on forms of Mg almost noone's intestines would tolerate to reach efficient (RDA) doses.
This is just a waste of money, other than you are after something that makes your shit a little softer, but when you take too much of it, liquid, which isn't what most people want, i guess.

Magnesium Glycinate (also sold as Magnesium Bisglycinate) - try it, especially if you do Sports on a regular basis, drink much alcohol or usually take too much carbohydrates, or suffer from Mg deficiency, revealed through blood tests, and it should help Raynaud's as well, without emptying your bank account. It's really cheap.
As always: DYOR

[HI-TEC99]

https://www.bbc.com/news/business-65155839

Swiss prosecutors have opened an investigation into the sudden takeover of the country's second-largest bank, Credit Suisse, by its rival, UBS.

The deal, when it was announced, valued Credit Suisse at $3.15bn (£2.6bn), whereas on the Friday before the settlement was reached it had been valued at about $8bn.

[ChartBuddy]

Explanation