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

[ChartBuddy]

Explanation

[UdtaParinda1]

This represents the natural law of empowerment. If your base is strong you cans survive otherwise no matter how beautiful Structure you will lose it. Currently so many many economic analysis and Bitcoin prediction are in market hype but i think it doesn't matter until Bitcoin is Holding its position.   

[BitcoinBunny]

I don't know if this has already been posted, but in case it hasn't

https://www.theverge.com/2023/3/24/23655622/chatgpt-outage-payment-info-exposed-monday

OpenAI has announced new details about why it took ChatGPT offline on Monday, and it’s now saying that some users’ payment information may have been exposed during the incident.

According to a post from the company, a bug in an open source library called redis-py created a caching issue that may have shown some active users the last four digits and expiration date of another user’s credit card, along with their first and last name, email address, and payment address. Users also may have seen snippets of others’ chat histories as well.

The company says the payment info leak may have affected around 1.2 percent of ChatGPT Plus who used the service between 4AM and 1PM ET on March 20th.

Don't know if this is usual ChatGPT behaviour but when I asked it to generate some code recently it was constantly cutting off so I asked "Repeat the last template block" and I just saw other people's stuff, every.single.time.   So I had to be more specific when asking it to repeat code and if I was lucky it didn't cut off. Very flaky system regardless.

Doesn't surprise me they have a payment details leak straight away. Seems they took money before they had a stable, reliable platform. As usual.

[ChartBuddy]

Explanation

[JayJuanGee]

This represents the natural law of empowerment. If your base is strong you cans survive otherwise no matter how beautiful Structure you will lose it. Currently so many many economic analysis and Bitcoin prediction are in market hype but i think it doesn't matter until Bitcoin is Holding its position.   

How would you speculate that bitcoin could "hold its position?" 

You must be new here.

[ChartBuddy]

Explanation

[JayJuanGee]

Crazy people deposited so much into FTX and bought their shittiest of shitcoin and had so much faith in them.
They've only existed 3 years.
A billion dollar company supposedly with only 300 staff. What a f*cking scam.

What was BTC's market cap after 3 years? About $10 million? I only heard about BTC in 2013 and I always think I was early.

I admit I have used Binance but never left any BTC on there for more than an hour tops

Ok.  I thought that newbies to bitcoin always think that they are late to bitcoin, and that is part of the reason that many newbies get lured into wanting to either make more returns on their bitcoin, such as yield or perhaps to engage in some other behaviors that end up luring them towards buying shitcoins rather than bitcoin.

You don't really seem to be saying anything wrong Bounty_Master365 - even though you are trying to suggest that everyone should do what you did and that somehow maybe you are smarter than everyone else? 

Sure, maybe you are smarter than many of us, but you are also new here, so we have no way of really knowing if you are just making shit up or if you have an actual history that reflects the kind of prudence and reasonableness that you expect others to naturally possess in regard to their bitcoin journey.. and presuming something like a 10 year journey if we use 2013 as a starting point.

Another thing, I suspect that the vast majority of us are tempted by gambling, and even if we might come up with some early plans to invest into bitcoin in something like a reasonably and sufficiently aggressive dollar cost averaging way, we likely will have difficulties sticking to such strategy, especially if we are trying to pay attention to the ongoing performance of what we are buying and even the questions about whether we might be being sufficiently aggressive in terms of how much we are investing into bitcoin as compared with other ways that we could allocate investment money (presuming that we can even figure out that we actually have enough extra money that we are able to invest after covering our monthly expenses), and surely if you have known about bitcoin and perhaps have been into bitcoin since 2013, you likely realize that bitcoin's historical price volatility is way greater than the price volatility of a lot of other possible investment assets/or currencies, and also frequently while in the middle of the whole thing (ups, downs, and sideways if you are lucky), it tends to be difficult to even recognize and appreciate that bitcoin is the better of the investment options, especially if any of us might have had been aware of bitcoin for around 10 years, as you are proclaiming your lil selfie to have had been aware of bitcoin for that long... yet still the devil in the details of how you acted likely tells way more than your rosey recapitulation of how easy it supposedly was during those 10 years-ish. .which thereby causes me to suspect that you might not really be telling us a very accurate rendition of the whole "living through" bitcoin investing/accumulation process.

[vapourminer]

This represents the natural law of empowerment. If your base is strong you cans survive otherwise no matter how beautiful Structure you will lose it. Currently so many many economic analysis and Bitcoin prediction are in market hype but i think it doesn't matter until Bitcoin is Holding its position.   

How would you speculate that bitcoin could "hold its position?" 

You must be new here.

well, a new ignore anyway

[ChartBuddy]

Explanation

[HI-TEC99]

This represents the natural law of empowerment. If your base is strong you cans survive otherwise no matter how beautiful Structure you will lose it. Currently so many many economic analysis and Bitcoin prediction are in market hype but i think it doesn't matter until Bitcoin is Holding its position.  

How would you speculate that bitcoin could "hold its position?"  

You must be new here.

well, a new ignore anyway

[eXPHorizon]

[ChartBuddy]

Explanation

[Lainta]

JUST IN: 🇺🇸 CFTC lawsuit alleges 300 #Binance    accounts associated with its CEO were exempt from the company's "insider trading" policy.



https://twitter.com/WatcherGuru/status/1640379251378597889?t=pPozpqIOOAx0zIQv9THsYQ&s=19

[bitcoinPsycho]

Bank of England on heightened alert for further banking turmoil


https://www.bbc.com/news/business-65099136





Bailey said it was "the fastest collapse from health to death" since the UK's Barings Bank failed in 1995 after suffering heavy losses resulting from fraudulent investments. Sam Woods, the chief executive of the Prudential Regulation Authority, noted that SVB UK saw about a third of its deposits - £3bn - withdrawn on one day.

He twice suggested to the MPs that the stress tests applied to UK banks to make sure they can withstand a crisis would need to be looked at, given how new technology meant deposits could be withdrawn electronically in seconds. However, Mr Bailey told MPs he did not think the UK was in a position similar to the 2008 global financial crisis, when banks stopped lending to each other, plunging the world into a deep recession.

[hisslyness]

Crazy people deposited so much into FTX and bought their shittiest of shitcoin and had so much faith in them.
They've only existed 3 years.
A billion dollar company supposedly with only 300 staff. What a f*cking scam.

What was BTC's market cap after 3 years? About $10 million? I only heard about BTC in 2013 and I always think I was early.

I admit I have used Binance but never left any BTC on there for more than an hour tops

Ok.  I thought that newbies to bitcoin always think that they are late to bitcoin, and that is part of the reason that many newbies get lured into wanting to either make more returns on their bitcoin, such as yield or perhaps to engage in some other behaviors that end up luring them towards buying shitcoins rather than bitcoin.

You don't really seem to be saying anything wrong Bounty_Master365 - even though you are trying to suggest that everyone should do what you did and that somehow maybe you are smarter than everyone else? 

Sure, maybe you are smarter than many of us, but you are also new here, so we have no way of really knowing if you are just making shit up or if you have an actual history that reflects the kind of prudence and reasonableness that you expect others to naturally possess in regard to their bitcoin journey.. and presuming something like a 10 year journey if we use 2013 as a starting point.

Another thing, I suspect that the vast majority of us are tempted by gambling, and even if we might come up with some early plans to invest into bitcoin in something like a reasonably and sufficiently aggressive dollar cost averaging way, we likely will have difficulties sticking to such strategy, especially if we are trying to pay attention to the ongoing performance of what we are buying and even the questions about whether we might be being sufficiently aggressive in terms of how much we are investing into bitcoin as compared with other ways that we could allocate investment money (presuming that we can even figure out that we actually have enough extra money that we are able to invest after covering our monthly expenses), and surely if you have known about bitcoin and perhaps have been into bitcoin since 2013, you likely realize that bitcoin's historical price volatility is way greater than the price volatility of a lot of other possible investment assets/or currencies, and also frequently while in the middle of the whole thing (ups, downs, and sideways if you are lucky), it tends to be difficult to even recognize and appreciate that bitcoin is the better of the investment options, especially if any of us might have had been aware of bitcoin for around 10 years, as you are proclaiming your lil selfie to have had been aware of bitcoin for that long... yet still the devil in the details of how you acted likely tells way more than your rosey recapitulation of how easy it supposedly was during those 10 years-ish. .which thereby causes me to suspect that you might not really be telling us a very accurate rendition of the whole "living through" bitcoin investing/accumulation process.

don't feed or merit the bot!... I've read the same post a few weeks back!

[HI-TEC99]

Crazy people deposited so much into FTX and bought their shittiest of shitcoin and had so much faith in them.
They've only existed 3 years.
A billion dollar company supposedly with only 300 staff. What a f*cking scam.

What was BTC's market cap after 3 years? About $10 million? I only heard about BTC in 2013 and I always think I was early.

I admit I have used Binance but never left any BTC on there for more than an hour tops

Ok.  I thought that newbies to bitcoin always think that they are late to bitcoin, and that is part of the reason that many newbies get lured into wanting to either make more returns on their bitcoin, such as yield or perhaps to engage in some other behaviors that end up luring them towards buying shitcoins rather than bitcoin.

You don't really seem to be saying anything wrong Bounty_Master365 - even though you are trying to suggest that everyone should do what you did and that somehow maybe you are smarter than everyone else?  

Sure, maybe you are smarter than many of us, but you are also new here, so we have no way of really knowing if you are just making shit up or if you have an actual history that reflects the kind of prudence and reasonableness that you expect others to naturally possess in regard to their bitcoin journey.. and presuming something like a 10 year journey if we use 2013 as a starting point.

Another thing, I suspect that the vast majority of us are tempted by gambling, and even if we might come up with some early plans to invest into bitcoin in something like a reasonably and sufficiently aggressive dollar cost averaging way, we likely will have difficulties sticking to such strategy, especially if we are trying to pay attention to the ongoing performance of what we are buying and even the questions about whether we might be being sufficiently aggressive in terms of how much we are investing into bitcoin as compared with other ways that we could allocate investment money (presuming that we can even figure out that we actually have enough extra money that we are able to invest after covering our monthly expenses), and surely if you have known about bitcoin and perhaps have been into bitcoin since 2013, you likely realize that bitcoin's historical price volatility is way greater than the price volatility of a lot of other possible investment assets/or currencies, and also frequently while in the middle of the whole thing (ups, downs, and sideways if you are lucky), it tends to be difficult to even recognize and appreciate that bitcoin is the better of the investment options, especially if any of us might have had been aware of bitcoin for around 10 years, as you are proclaiming your lil selfie to have had been aware of bitcoin for that long... yet still the devil in the details of how you acted likely tells way more than your rosey recapitulation of how easy it supposedly was during those 10 years-ish. .which thereby causes me to suspect that you might not really be telling us a very accurate rendition of the whole "living through" bitcoin investing/accumulation process.

don't feed or merit the bot!... I've read the same post a few weeks back!

The bot copied and pasted BitcoinBunny's post.

Crazy people deposited so much into FTX and bought their shittiest of shitcoin and had so much faith in them.
They've only existed 3 years.
A billion dollar company supposedly with only 300 staff. What a f*cking scam.

What was BTC's market cap after 3 years? About $10 million? I only heard about BTC in 2013 and I always think I was early.

I admit I have used Binance but never left any BTC on there for more than an hour tops.

[HI-TEC99]

Bank of England on heightened alert for further banking turmoil


https://www.bbc.com/news/business-65099136





Bailey said it was "the fastest collapse from health to death" since the UK's Barings Bank failed in 1995 after suffering heavy losses resulting from fraudulent investments. Sam Woods, the chief executive of the Prudential Regulation Authority, noted that SVB UK saw about a third of its deposits - £3bn - withdrawn on one day.

He twice suggested to the MPs that the stress tests applied to UK banks to make sure they can withstand a crisis would need to be looked at, given how new technology meant deposits could be withdrawn electronically in seconds. However, Mr Bailey told MPs he did not think the UK was in a position similar to the 2008 global financial crisis, when banks stopped lending to each other, plunging the world into a deep recession.

[BitcoinBunny]

Bank of England on heightened alert for further banking turmoil


https://www.bbc.com/news/business-65099136





Bailey said it was "the fastest collapse from health to death" since the UK's Barings Bank failed in 1995 after suffering heavy losses resulting from fraudulent investments. Sam Woods, the chief executive of the Prudential Regulation Authority, noted that SVB UK saw about a third of its deposits - £3bn - withdrawn on one day.

He twice suggested to the MPs that the stress tests applied to UK banks to make sure they can withstand a crisis would need to be looked at, given how new technology meant deposits could be withdrawn electronically in seconds. However, Mr Bailey told MPs he did not think the UK was in a position similar to the 2008 global financial crisis, when banks stopped lending to each other, plunging the world into a deep recession.

In other words he is saying fiat banks have no place in the digital age.

[ChartBuddy]

Explanation

[bitcoinPsycho]

Bank of England on heightened alert for further banking turmoil


https://www.bbc.com/news/business-65099136





Bailey said it was "the fastest collapse from health to death" since the UK's Barings Bank failed in 1995 after suffering heavy losses resulting from fraudulent investments. Sam Woods, the chief executive of the Prudential Regulation Authority, noted that SVB UK saw about a third of its deposits - £3bn - withdrawn on one day.

He twice suggested to the MPs that the stress tests applied to UK banks to make sure they can withstand a crisis would need to be looked at, given how new technology meant deposits could be withdrawn electronically in seconds. However, Mr Bailey told MPs he did not think the UK was in a position similar to the 2008 global financial crisis, when banks stopped lending to each other, plunging the world into a deep recession.

In other words he is saying fiat banks have no place in the digital age.

Reading between the lines the banks are fucked