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

[Negotiation]

₿e your own ₿ank #Bitcoin
if anyone with a stash of bitcoins so could one day own a bank...There is no reason to doubt that Bitcoin helps people get rich very easily.

easily? lol

It is much easier than all the other ways, So HODL or Buy Bitcoin makes its own Bank.

[BitcoinBunny]

Go woke, go broke. Go criminal central bankers, socialist governments, military industrial complex & lobbyists..., go kaput.

Debt ceiling: Janet Yellen warns US could run out of cash by 1 June
https://www.bbc.co.uk/news/world-us-canada-65452444

Time to re-arrange the deckchairs on the Titanic.

Is it any coincidence JP Morgan actually owned the White Star Line and is now the criminal bank helping the fiat based economy sink itself?

[ChartBuddy]

Explanation

[aesma]

I am not sure how it all relates to bitcoin.
I listened to a long P. mcCormick/Jeff Booth podcast ( https://www.whatbitcoindid.com/podcast/why-deflation-is-the-key-to-abundance ) and they were saying that even in nations with 100% yearly inflation, most of the populace still stays in the system and only a small % choose bitcoin.

Blame it on inertia, on being uninformed, etc., but it is a sad truth for now.

Shithole countries with crazy inflation are...shithole countries. It might not be trivial at all, but rather incredibly difficult bordering on impossible, to get BTC onramps and offramps there.

If you can even access your money anyway, for example in Lebanon banks have been closed for months, to the point some people have held them up at gunpoint to get their own money.

[aesma]

I got it, but I am reconsidering even to have more than a current month expense in the bank.
You get 0% there and in a money market almost 5%.
I am sure that after I would post this, some money market would get off parity and money would flow backwards into the "safe" banks.
In fact, I penciled this scenario for sometime in the next 6-8 mo as banks cannot tolerate losing deposits to Treasury direct and money markets for too long.

In my country banks don't pay anything on deposits. I'm not sure why but it's like that. They will direct you to put money in various instruments, some are very common, government backed, but you can't put more than less than 1BTC at current prices. After that we're talking life insurance, bonds stocks etc.

But in the US banks pay something, and I was seeing that JPMorgan made tons of money lately, because they hiked the rates of mortgages like crazy, but increased the rates they pay on deposits to something ridiculous like 0.3%. If I was a customer I would be angry...

[philipma1957]

I got it, but I am reconsidering even to have more than a current month expense in the bank.
You get 0% there and in a money market almost 5%.
I am sure that after I would post this, some money market would get off parity and money would flow backwards into the "safe" banks.
In fact, I penciled this scenario for sometime in the next 6-8 mo as banks cannot tolerate losing deposits to Treasury direct and money markets for too long.

In my country banks don't pay anything on deposits. I'm not sure why but it's like that. They will direct you to put money in various instruments, some are very common, government backed, but you can't put more than less than 1BTC at current prices. After that we're talking life insurance, bonds stocks etc.

But in the US banks pay something, and I was seeing that JPMorgan made tons of money lately, because they hiked the rates of mortgages like crazy, but increased the rates they pay on deposits to something ridiculous like 0.3%. If I was a customer I would be angry...

Bankers are scum. They certainly caused WWII plus many other wars.

I fear for BTC as bankers are killers.

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[LoyceV]

I bought my first funded filled "physical Bitcoin"! I was happily surprised to find chocolate Bitcoin at budget store Action.





I like how Bitcoin awareness is slowly spreading.

[ChartBuddy]

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[ChartBuddy]

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[BitcoinBunny]

Another win for UK inflation.

Food prices jump despite drop in wholesale costs
https://www.bbc.co.uk/news/business-65448642

The boss of Sainsbury's said the supermarket would pass on any falls in the price of goods as soon as it could and was "absolutely determined to battle inflation for our customers".

It should't work this way. Competition should drive down prices, not good will gestures from overly paid CEOs.

Government interference was another competition destroyer.

Shutting every small shop and corner store and keeping massive supermarkets open (idiotically, where far more people usually congregate), effectively giving them a monopoly - and thus increasing the chance of inflation because CoViD iS sO dAnGeRoUs was unbelievably stupid.

[ChartBuddy]

Explanation

[HI-TEC99]

Another win for UK inflation.

Food prices jump despite drop in wholesale costs
https://www.bbc.co.uk/news/business-65448642

The boss of Sainsbury's said the supermarket would pass on any falls in the price of goods as soon as it could and was "absolutely determined to battle inflation for our customers".

It should't work this way. Competition should drive down prices, not good will gestures from overly paid CEOs.

...

Next week's "special offer".

[shahzadafzal]

I bought my first funded filled "physical Bitcoin"! I was happily surprised to find chocolate Bitcoin at budget store Action.





I like how Bitcoin awareness is slowly spreading.

Wow... please tell me you are going HODL? Right?

[ChartBuddy]

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[ChartBuddy]

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[El duderino_]

Congratulations  🇧🇪 well deserved

https://www.mirror.co.uk/sport/other-sports/snooker/breaking-luca-brecel-wins-worldchampionship-29862603

Brecel made a good impression

Natural talent that guy
Hope he will practice more and not letting his talent go wasted

He’s like only playing 15 minutes a day or something… hope he will put more effort in his talent

[ChartBuddy]

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