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

[ChartBuddy]

Explanation

[BitcoinBunny]

The definition of insanity is doing the same thing over and over and expecting different results.

-Albert Einstein.


Bank of England policymakers consider 12th straight rate hike
https://uk.yahoo.com/finance/news/bank-england-policymakers-consider-12th-142245453.html

I'm sure they will bring down inflation THIS time, right?

[vapourminer]

I seems like every time I post, the board double posts it!   wtf?

edit: except for this one.  Maybe it has something to do with the way images are handled?

Quite often I've seen it take ages to post something, so I think it isn't working, then I try to refresh and it turns out it did post the previous post anyway so indeed in those cases it always seems to end up in a double posting.

This does happen a lot.

same here. ive left it for a couple minutes sometimes and its still frozen when i return.. then when i do resend it its already posted.

seems to happen more 1st thing in the morning or maybe just after prolonged inactivity of not posting?

[OgNasty]

You can really see the decoupling of Bitcoin and traditional markets on days like today. Total bloodbath in traditional equities while Bitcoin sits nearly atop of a recent bull run. This is going to need to continue for quite some time if Bitcoin is to maintain its trajectory throughout the coming financial crisis. Interesting times approaching.

[ChartBuddy]

Explanation

[Gachapin]

might be some preparing for a gold backed currency

different to gold with Bitcoin they could actually prove their reserves to anyone at anytime... 

[xhomerx10]

Observing corn@28,340.

Classic WO game.

Where am I?


Pretty easy I must say.

Given the provided information, where am I going in the next 20 minutes?

 I don't think "easy" means what you think it means.

 That looks like a heavy duty overhead crane ~20t at least in a ~70's era heavy manufacturing plant?  You're there to update their lighting to newer, more efficient LEDs.

[fillippone]

might be some preparing for a gold backed currency

different to gold with Bitcoin they could actually prove their reserves to anyone at anytime...

LOL.

You should include a tag or a smiley face, otherwise due to Poe’s Law, someone could think you are serious about this one!

[Gachapin]

might be some preparing for a gold backed currency

different to gold with Bitcoin they could actually prove their reserves to anyone at anytime...

LOL.

You should include a tag or a smiley face, otherwise due to Poe’s Law, someone could think you are serious about this one!

done

[ChartBuddy]

Explanation

[BitcoinBunny]

might be some preparing for a gold backed currency

different to gold with Bitcoin they could actually prove their reserves to anyone at anytime...  

If buy in, buy back and storage was literally zero fees then gold has JUST about kept up with inflation between the top in 2011 - May 2023 according to the Bank of England inflation calculator.

And that is based on OFFICIAL inflation figures.

Pretty poor over 12 years considering you lose so much buying in, selling and paying either someone to store gold for you or risk holding it yourself.


Beyond the obvious confiscation problems we have seen with gold in history, considering it is now more and more at the mercy of massive nations that the west is no longer friendly with (for various reasons), which have massive demographical problems and also banks that are happy to help the odd pedophile here and there, I'm not so sure it is a wise investment.

[philipma1957]

I seems like every time I post, the board double posts it!   wtf?

edit: except for this one.  Maybe it has something to do with the way images are handled?

Quite often I've seen it take ages to post something, so I think it isn't working, then I try to refresh and it turns out it did post the previous post anyway so indeed in those cases it always seems to end up in a double posting.

This does happen a lot.

same here. ive left it for a couple minutes sometimes and its still frozen when i return.. then when i do resend it its already posted.

seems to happen more 1st thing in the morning or maybe just after prolonged inactivity of not posting?

More often when I use my wi fi connected iPad than my hard wired Mac mini.  But both do it.

[ivomm]

PacWest, Western Alliance crash as regional bank fears continue to shake markets
Their drops of more than 20% in morning trading come one day after JPMorgan Chase (JPM) purchased the bulk of First Republic (FRC), in a deal that was designed to restore stability to the banking system after two months of turmoil.

Source:
https://finance.yahoo.com/news/pacwest-western-alliance-crash-as-regional-bank-fears-continue-to-shake-markets-151815103.html

Btw, this is after Jamie Dimon said yesterday that 'this part of the crisis is over'. Yeap, right #coughclowncough.
I think the bank crisis has just began. No matter how hard bankers try to cover it up, it is developing really fast. I'm so glad that all these fat bankers who dissed Bitcoin as an asset that will ultimately go to 0 now are seeing their own stonks going to 0. This is karma, bitches!  Next time when you try to sabotage "crypto" banks, think twice!

[bullrun2024bro]

And these bankers said Bitcoin is volatile. Another horrific day for US regional banks.

PacWest Bancorp down more than 30% today. Stock halted. Western Alliance Bank and Metropolitan Bank both down more than 25% today. Both stocks halted.

I will keep stacking sats, while they keep failing.  

[ChartBuddy]

Explanation

[Phil_S]

A CrossFit dude's mind 
Grapples with weights and bitcoin 
Strength and wealth in sight

https://imgur.com/gallery/CpmC4U5

[HI-TEC99]

I seems like every time I post, the board double posts it!   wtf?

edit: except for this one.  Maybe it has something to do with the way images are handled?

Quite often I've seen it take ages to post something, so I think it isn't working, then I try to refresh and it turns out it did post the previous post anyway so indeed in those cases it always seems to end up in a double posting.

This does happen a lot.

same here. ive left it for a couple minutes sometimes and its still frozen when i return.. then when i do resend it its already posted.

seems to happen more 1st thing in the morning or maybe just after prolonged inactivity of not posting?

For me it happens when I try to post something and it takes forever, then times out. If I keep checking my post history the new post doesn't show up until after the time out. If I click resend it double posts it.

[ChartBuddy]

Explanation

[JayJuanGee]

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.

Maybe you should get ur lil selfie some of dee cornz Philip - in case it catches on?
and stop being such an ongoing bank/banker sycophant (fanboi)

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.

........AND.....

They seemed to have had resolved the ever-present ongoing dilemma regarding the plurality of dee cornz... ... to deem dems as:

"bitcoins"


when there are a large number of "us" who consider the plurality of "bitcoin" to be "bitcoin"


Who would-a-thunk?

I seems like every time I post, the board double posts it!   wtf?

edit: except for this one.  Maybe it has something to do with the way images are handled?

Shakey finger syndrome of the elderly, I suspect.


 

People seem to have forgotten that Bitcoin hit $65k in mid 2021 and went all the way back down to $28k in the summer before coming back above $65k again.

This people hasn't forgotten.

[ChartBuddy]

Explanation