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

[FinePoine0]

#Bitcoin    billboard spotted in 🇯🇵 Tokio, Japan 🙌



Details

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[xhomerx10]

#Bitcoin    billboard spotted in 🇯🇵 Tokio, Japan 🙌



Details

 Oh no... she got his bitcoin!  Another one bites the dust.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[psycodad]

Didn't see this mentioned yet:

We discovered a cryptographic weakness in the widely utilized Libbitcoin Explorer (bx) cryptocurrency wallet tool while following up on mysterious wallet thefts.
The bx seed subcommand for generation of new wallet private key entropy is flawed and produces insecure output.

<snip>

-> https://milksad.info/
-> https://cve.mitre.org/cgi-bin/cvename.cgi?name=CVE-2023-39910
-> https://libbitcoin.info/

Do we have a list of compromised wallets?

*trying to catch up.

Didn't see a list so far and libbitcoin says it advised against using 'bx seed':

..
Cointelegraph reached out to Libbitcoin Institute member Eric Voskuil for comment. In response, Voskuil stated that the bx seed command "is provided as a convenience for when the tool is used to demonstrate behavior that requires entropy" and is not intended to be used in production wallets. "If people did in fact use it for production key seeding (as opposed to rolling dice for example) then the warning is insufficient," Voskuil stated. In that case, "We'll likely make some change within the next few days to strengthen the warning against production use, or remove the command altogether."
..

The same article lists a few wallets/apps:

..
According to its official website, it is used by “Airbitz (mobile wallet), Bitprim (developer interface), Blockchain Commons (decentralized wallet identity), Cancoin (decentralized exchange)” and other applications. SlowMist did not specify which applications that use Libbitcoin, if any, are affected by the vulnerability.
..

-> https://cointelegraph.com/news/newly-discovered-bitcoin-wallet-loophole-let-hackers-steal-funds-slow-mist

[xhomerx10]

Buy bitcoin and BTChodl



Source.

 How ironic; there's literally nothing to hold onto.  I guess, like bitcoin, it's mostly for slow cruising until it isn't.

edit: and then

[ChartBuddy]

Explanation
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[God Of Thunder]

edit: and then

WTF

Five wink emoji

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[BitcoinBunny]

Buy bitcoin and BTChodl



Source.

 How ironic; there's literally nothing to hold onto.  I guess, like bitcoin, it's mostly for slow cruising until it isn't.

edit: and then

 
Also with that low aft, it seems very easy for a shark to jump on the back and eat you alive like what happened to Quint.
And that's a bit like selling Bitcoin during a dump.

[vapourminer]

Details

 Oh no... she got his bitcoin!  Another one bites the dust.

damn homewreckers

[ChartBuddy]

Explanation
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[Torque]

According to "contacts" from inside BlackRock and Invesco spot Bitcoin ETF approval a matter of "when, not if" likely in "four to six months - Galaxy CEO Mike Novogratz on earnings call this morning.
_Source

My thoughts are that the SEC will play the same BS game with the Spot ETFs that they played with the first round of derivative ETFs:

1. The first or two spot ETFs will get shot down for some BS reason. Complete head fake in the price, as per usual.  

2. Then the first of the spot ETFs will get approved in December of this year, and/or as we round the corner into the first of next year.

3. All of them will get approval before the halving (Gee, what a shocker.   )

4. Bitcoin price will start to take off pre-halving.

5. The derivatives market may flash crash in 2024. Some completely bullshit, "The-sky-is-falling-and-Bitcoin-is-the-hedge-play" narrative will get spun up in the MSM to support all this. As per usual.  

Bullshit step 1 complete:

https://www.cnbc.com/2023/08/11/sec-delays-decision-on-bitcoin-etf-from-cathie-woods-ark-invest.html

[FinePoine0]

#Bitcoin    📈 bull runs, 🌗 halvings and 🇨🇳 crackdowns
👀


Details

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Odohu]

According to "contacts" from inside BlackRock and Invesco spot Bitcoin ETF approval a matter of "when, not if" likely in "four to six months - Galaxy CEO Mike Novogratz on earnings call this morning.
_Source

My thoughts are that the SEC will play the same BS game with the Spot ETFs that they played with the first round of derivative ETFs:

1. The first or two spot ETFs will get shot down for some BS reason. Complete head fake in the price, as per usual.  

2. Then the first of the spot ETFs will get approved in December of this year, and/or as we round the corner into the first of next year.

3. All of them will get approval before the halving (Gee, what a shocker.   )

4. Bitcoin price will start to take off pre-halving.

5. The derivatives market may flash crash in 2024. Some completely bullshit, "The-sky-is-falling-and-Bitcoin-is-the-hedge-play" narrative will get spun up in the MSM to support all this. As per usual.  

Bullshit step 1 complete:

https://www.cnbc.com/2023/08/11/sec-delays-decision-on-bitcoin-etf-from-cathie-woods-ark-invest.html

Solid fundamental filled with so much optimism. I expect bullish market but I never thought it would be this fascinating? If this happens as planned, that could maybe point us to the people controlling the market. I will save this link and monitor it to the later.

[ChartBuddy]

Explanation
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