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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26927857 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
Out of mind
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July 06, 2023, 01:58:29 AM
Merited by Biodom (1), d_eddie (1)

Is it irrational to think that the impact of the halving on the BTC/USD exchange rate will actually INCREASE over time?

The change in #BTC issuance decreases with each halving, but the dollarized change in issuance is increasing as BTC's market cap grows.

Rather than thousands of dollars of less daily sell pressure post-halving, there's now millions of dollar of less daily sell pressure post-halving.

Based on the current BTC/USD exchange rate of ~$30,500, when new daily supply drops from 900 BTC to 450 BTC, that's a dollarized decrease of $13,725,000 in potential daily sell pressure from miner.

#Bitcoin DCA'ers are already supporting $30k with current sell pressure. Now imagine when daily sell pressure decreases by $13.7 million.
Source
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July 06, 2023, 02:01:27 AM


Explanation
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July 06, 2023, 02:08:14 AM

Is it irrational to think that the impact of the halving on the BTC/USD exchange rate will actually INCREASE over time?

The change in #BTC issuance decreases with each halving, but the dollarized change in issuance is increasing as BTC's market cap grows.

Rather than thousands of dollars of less daily sell pressure post-halving, there's now millions of dollar of less daily sell pressure post-halving.

Based on the current BTC/USD exchange rate of ~$30,500, when new daily supply drops from 900 BTC to 450 BTC, that's a dollarized decrease of $13,725,000 in potential daily sell pressure from miner.

#Bitcoin DCA'ers are already supporting $30k with current sell pressure. Now imagine when daily sell pressure decreases by $13.7 million.
Source


To my eye, the "brown stuff" has more consistent effect on the price  (up) vs "green stuff", which is all over the place, but maybe simply too small set of the data points for 'green' to be visible in importance.
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July 06, 2023, 02:16:15 AM
Merited by Hueristic (1), HI-TEC99 (1), FinePoine0 (1)

https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

Quote
BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

video:
https://twitter.com/Pledditor/status/1676684658086404106


https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

Quote
BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

Here is an excerpt from the video of Larry Fink speaking:: https://twitter.com/WatcherGuru/status/1676685754922151941
...


The CEO of BlackRock called bitcoin "digital gold" today on national television.

Video Views: https://twitter.com/DocumentingBTC/status/1676730062333263873?t=RNKcrt32QliRVxMkpQkKnA&s=19
....


anyone wanna post the same Larry Fink video for the fourth time ?


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July 06, 2023, 03:03:31 AM


Explanation
Chartbuddy thanks talkimg.com
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July 06, 2023, 03:10:23 AM

https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

Quote
BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

video:
https://twitter.com/Pledditor/status/1676684658086404106


https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

Quote
BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

Here is an excerpt from the video of Larry Fink speaking:: https://twitter.com/WatcherGuru/status/1676685754922151941
...


The CEO of BlackRock called bitcoin "digital gold" today on national television.

Video Views: https://twitter.com/DocumentingBTC/status/1676730062333263873?t=RNKcrt32QliRVxMkpQkKnA&s=19
....


anyone wanna post the same Larry Fink video for the fourth time ?


1. BobLawblaw
2. Gachapin
3. rdluffy
4. FinePoine0

Lol,
I am the last person..
Gachapin bro Thank you for bringing this matter to your attention. This news is very important.
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July 06, 2023, 03:46:50 AM
Merited by d_eddie (1)

https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

Quote
BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

video:
https://twitter.com/Pledditor/status/1676684658086404106


https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

Quote
BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

Here is an excerpt from the video of Larry Fink speaking:: https://twitter.com/WatcherGuru/status/1676685754922151941
...


The CEO of BlackRock called bitcoin "digital gold" today on national television.

Video Views: https://twitter.com/DocumentingBTC/status/1676730062333263873?t=RNKcrt32QliRVxMkpQkKnA&s=19
....


anyone wanna post the same Larry Fink video for the fourth time ?

....
Lol,
I am the last person..
Gachapin bro Thank you for bringing this matter to your attention. This news is very important.


Don't thank me.  Just read the WO before posting.
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July 06, 2023, 04:03:27 AM


Explanation
Chartbuddy thanks talkimg.com
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July 06, 2023, 04:44:58 AM
Merited by d_eddie (1)

Don't thank me.  Just read the WO before posting.

He's not here to read. He's here to suck WO chode for merits and chew bubblegum, and he's all outta bubblegum.



Learn from him how to manage multi accounts.
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July 06, 2023, 05:03:25 AM


Explanation
Chartbuddy thanks talkimg.com
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July 06, 2023, 06:03:30 AM


Explanation
Chartbuddy thanks talkimg.com
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July 06, 2023, 07:04:54 AM


Explanation
Chartbuddy thanks talkimg.com
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July 06, 2023, 07:37:29 AM
Merited by d_eddie (1)

Stifler in da house
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July 06, 2023, 08:03:27 AM


Explanation
Chartbuddy thanks talkimg.com
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July 06, 2023, 08:33:51 AM

Stifler in da house

If you stay at home, you get suffocated. So you need to visit a beautiful place. Kiss
@El duderino_ sir, you go to travel, you will find peace in your mind. Embarrassed
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July 06, 2023, 09:03:29 AM


Explanation
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July 06, 2023, 09:23:33 AM

He's not here to read. He's here to suck WO chode for merits and chew bubblegum, and he's all outta bubblegum.

Hey, you MUST be on to something. [no, not your strap on, bud]
Coming from you, that’s … well what do I know, you are the scam artist.

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July 06, 2023, 10:01:19 AM


Explanation
Chartbuddy thanks talkimg.com
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July 06, 2023, 10:28:18 AM

Observing $31k.

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July 06, 2023, 11:03:26 AM


Explanation
Chartbuddy thanks talkimg.com
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