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

[Gachapin]

As for the hardware wallet, a classic trezor would do it, but adding just ten bucks for the new model seems legit.
I will use the ledger for the dust and spare change, maybe. I also reviewed all my other "software" wallets, some were never used.

I'd always be a little cautious with very new models..

And even if the model is old and has stood the test of time, you should not put your life savings on to a newly bought device all at once. Maybe put a smaller chunk onto it and wait for a few weeks / months before sending the rest.

[ChartBuddy]

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[ChartBuddy]

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[machasm]

almost 10 years of bitcoin for me.. .. life before bitcoin and life after getting into bitcoin.

My 10 year anniversary in bitcoin is in May 2024. Hopefully we have an approved spot ETF by then & an ATH maybe.

I was a fresh faced mid 20’s noob back then. I have done very well from bitcoin but my God, it ages you.

Funny how many of us here are celebrating our 10th year since ‘enlightenment’!
I too started out on the mining front to make a bit of “free money”.
Now, setup well and retired I find the idealisms of freedom much more appealing.
I thought E Snowden’s speech at the recent Bitcoin conference in Amsterdam was quite inspiring.
You guys catch it?

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[cafter]

Bitcoin's gentle dip 📉
One thousand points softly slip 📉
Hodlers stay calm 😌
No need for alarm 🚨
Small moves in this crypto ship 🚢

#haiku

[ChartBuddy]

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[ChartBuddy]

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[shahzadafzal]

The journey of #Bitcoin  is measured not in speed, but in the steadfastness of its trajectory. Even in slowness, it forges the future of finance. 🐌 🌖

That’s a beautiful quote from @bitcoin handle on Twitter (X), I remember this handle used to be biased and was promoting BCH… but now it looks someone pro-bitcoiner owns it. It also links official bitcoin.org in its description now.

[xzy887]

BREAKING: President of Madeira just launched a Bitcoin business hub to foster local innovation.

"Everything connected to Bitcoin is welcome in Madeira."

[ChartBuddy]

Explanation
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[danadc]

These practices are a bit illegal, but I wonder, those traders who knew about it, how were they still there?

Did SBF really use FTX traders’ Bitcoin to keep BTC price under $20K?

FTX testimony reveals mass BTC selling

As the trial of former FTX CEO Sam “SBF” Bankman-Fried continues, new testimony paints a picture of potential market manipulation.

This week, Caroline Ellison, former CEO of affiliated firm Alameda Research, reportedly told the court that Bankman-Fried asked her to sell BTC should its spot price breach $20,000. This was done using FTX customer funds, which neither had the right to deploy.

Among those was the then-popular Stock-to-Flow (S2F) Bitcoin price model, the creator of which — the pseudonymous entity known as PlanB — gave a BTC price target of up to $288,000 during the current halving cycle.

The “worst case scenario,” he continued, was $135,000 by December 2021.

Original Source:https://cointelegraph.com/news/sbf-ftx-bitcoin-keep-btc-price-under-20k

This was something that could not be seen as a reality, I think that these things are what should not be done in exchanges because they are bad practices, because if I see a BTC less than $20k, it is bought anyway.

That's like placing a BTC order in less money, you don't know when something crazy like that will happen.

[ChartBuddy]

Explanation
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[OutOfMemory]

These practices are a bit illegal, but I wonder, those traders who knew about it, how were they still there?

Greed? 

SBF now officially the greatest cryprofucktard of the century?
It hasn't been a big secret that he was after $ after all from the beginning (through arbitrage, as most of you know).
The hardcoded fund values found in the source code are hillarious!

[Frankolala]

These practices are a bit illegal, but I wonder, those traders who knew about it, how were they still there?

Did SBF really use FTX traders’ Bitcoin to keep BTC price under $20K?

FTX testimony reveals mass BTC selling

As the trial of former FTX CEO Sam “SBF” Bankman-Fried continues, new testimony paints a picture of potential market manipulation.

This week, Caroline Ellison, former CEO of affiliated firm Alameda Research, reportedly told the court that Bankman-Fried asked her to sell BTC should its spot price breach $20,000. This was done using FTX customer funds, which neither had the right to deploy.

Among those was the then-popular Stock-to-Flow (S2F) Bitcoin price model, the creator of which — the pseudonymous entity known as PlanB — gave a BTC price target of up to $288,000 during the current halving cycle.

The “worst case scenario,” he continued, was $135,000 by December 2021.

Original Source:https://cointelegraph.com/news/sbf-ftx-bitcoin-keep-btc-price-under-20k

This was something that could not be seen as a reality, I think that these things are what should not be done in exchanges because they are bad practices, because if I see a BTC less than $20k, it is bought anyway.

That's like placing a BTC order in less money, you don't know when something crazy like that will happen.

If SBF girlfriend is not lying to save her head and for people not to see her as a bad actor, then I think that SBF made the wrong decision and that has led to the crash of FTX because he can never keep bitcoin price below 20k.

Exchanges are out for profit and it will be impossible for this to happen since he doesn't doesn't have enough bitcoin that he can sell below 20k to manipulate the price, and he is not the owner of all the bitcoin in his exchange. I still see SBF as a small boy who doesn't know how bitcoin price moves and that is why he came up with this childish idea, which has kept him  in this shit because of mismanagement of customers funds.

[ChartBuddy]

Explanation
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[JayJuanGee]

Not that I even expected this much down since June.. .. or even this much failure to go up.. but whatever it is really hard to be surprised and who really knows anyhow? 

HODLE on the BTC, a highly possible price pump in November-2023. I don't know the possible price.

As for the hardware wallet, a classic trezor would do it, but adding just ten bucks for the new model seems legit.
I will use the ledger for the dust and spare change, maybe. I also reviewed all my other "software" wallets, some were never used.

I just came across this Athena-Alpha.com wallet review site.. It seems to be really good, and they give their highest ratings to the BitBox02 and to the Foundation Passport.  I did not go through all of the particulars in terms of the various faults (and/or lackenings) of various wallets that they reviewed... makes it tempting to buy either a Bitbox02 and/or a Passport... just to be trying out the stuff that has the highest ratings by seemingly professional opens source (privacy/security) wallet reviewers.

Here's their rating methodology too.

I saw it posted in one of the Foundation Passport threads.

I also noticed that since October 5, there is a new forum thread on the Trezor Safe 3.. but since I just found it, I have not gone through that thread yet.  It's ONLY on its second page, so it should not be too difficult to catch up on that thread.

[ChartBuddy]

Explanation
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