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

[OutOfMemory]

Buddy  No quads. Not today 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[psycodad]

No more streaking...Buddy

Not bitcoin, but I found this "weird" snippet:

https://getpocket.com/explore/item/the-ghostly-radio-station-that-no-one-claims-to-run

What the heck? Bizarro..."the Buzzer", "the Pip" and the "Squeaky Wheel".

I'm of the opinion that it is a canary signal.

* psycodad grabs his old SDR and tunes to 4.625MHz to find out when the world is ending.

It sounds a lot like a combined canary and command channel. I.e. if you hear the buzz, you have reception, all good, carry on.
If the buzz is not there, somebody is blocking/jamming it, use "plan B" (the instructions you got for this situation ahead of time) then.
Otherwise you wait for commands to get active, I assume any commands will be issued either repeatedly or at fixed times (the article doesn't mention that).

But then again, if you're one of the evil super powers, what keeps you from just broadcasting with high power on that frequency a recording of yesterdays buzz to keep the sleepers inactive while you nuke the other evil super power.

Maybe its just a leftover from cold war that they kept running to keep a bunch of spooks in every country busy. I reckon the Russian are experts on the field of wasting opponents resources (i.e. firing $2000 loittering amo toward UKR and watching the other side launching a multi million Patriot SAM shooting it down).

Fascinating nonetheless.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

No more streaking...Buddy

Not bitcoin, but I found this "weird" snippet:

https://getpocket.com/explore/item/the-ghostly-radio-station-that-no-one-claims-to-run

What the heck? Bizarro..."the Buzzer", "the Pip" and the "Squeaky Wheel".

I'm of the opinion that it is a canary signal.

* psycodad grabs his old SDR and tunes to 4.625MHz to find out when the world is ending.

It sounds a lot like a combined canary and command channel. I.e. if you hear the buzz, you have reception, all good, carry on.
If the buzz is not there, somebody is blocking/jamming it, use "plan B" (the instructions you got for this situation ahead of time) then.
Otherwise you wait for commands to get active, I assume any commands will be issued either repeatedly or at fixed times (the article doesn't mention that).
 
But then again, if you're one of the evil super powers, what keeps you from just broadcasting with high power on that frequency a recording of yesterdays buzz to keep the sleepers inactive while you nuke the other evil super power.

Maybe its just a leftover from cold war that they kept running to keep a bunch of spooks in every country busy. I reckon the Russian are experts on the field of wasting opponents resources (i.e. firing $2000 loittering amo toward UKR and watching the other side launching a multi million Patriot SAM shooting it down).

Fascinating nonetheless.

https://www.youtube.com/watch?v=z3fgJCJ_daE

Watched this a couple weeks ago. But there is signal in the "buzzer", for example letters (minute 5:25) but only occasionally, also morse code etc. There is some more info in the video. Seems like i have some more time to post in the next days, because i am in self quarantine again (but my last Covid infection wasn't even 3 full months ago)  

EDIT: I had a feeling already, yesterday. Very mild sore throat, 5-10 light coughs per hour. So i got myself some Listerine (one of those containing Alcohol) and Carrageen nasal spray for hourly application, early morning today. Seems to work.  I'll keep ya'll posted.

[Roggeredek]

NEW: BlackRock's $IBIT #Bitcoin ETF has now traded over $1,000,000,000 in total volume🔥


https://twitter.com/BitcoinMagazine/status/1747967886306513358

[OutOfMemory]

After reading the tweet, i stumbled over Trump's statement to never allow a CBDC  

https://twitter.com/BitcoinMagazine/status/1747819823159972003

Never thought i could like this guy...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

.....
Never thought i could like this guy...

Huh. Well I suppose that's one out of like maybe a million other reasons not to like that moron guy.
<swiftly puts lid back on can of worms>

[BitcoinBunny]

After reading the tweet, i stumbled over Trump's statement to never allow a CBDC  

https://twitter.com/BitcoinMagazine/status/1747819823159972003

Never thought i could like this guy...

At least there is somewhat of a choice it seems in the States.

Here in the UK all sides are signed up to disgusting WEF practices by Ernst Stavro Blofeld.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinBunny]

Another leg down.
 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Torque]

Blackrock iShare Bitcoin Trust ETF has increased their position from $499M to $707M as of 16th January 2024...

Here are some key facts about three full days of trading in the books as of the close of business on Tuesday:

• net inflows into the spot bitcoin ETF appear to be about 21,000 bitcoin (BTC), or $894 million at the current price of $42,600.
• BlackRock's iShares Bitcoin Trust (IBIT) leads the way by adding 16,362 bitcoin.
• Second is Fidelity's Wise Origin Bitcoin Fund (FBTC) with 12,112 bitcoin.
• Sizable exits from Grayscale's Bitcoin Trust (GBTC), which has lost about 25,000 bitcoin, brought down the overall industry inflow.

https://www.coindesk.com/markets/2024/01/17/bitcoin-etf-net-inflows-near-1b-after-three-days/

Eh...so, like, is that all? Really?

Small potatoes.

Shit, Elon Musk bought $1.5B worth of BTC all in one go not too long ago.

Just for the Lulz.

These ETF trust guys are amateurs.  

[Volgastallion]

Well, i think we can expect some movement and manipulation coming from the "new old"market guys.....

So i can see this boat movement start to increase form one side to another so HODL fiercely and don't fall overboard

PD: one wave ahead a trueusd deppeging in course of colition...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

Blackrock iShare Bitcoin Trust ETF has increased their position from $499M to $707M as of 16th January 2024...

Here are some key facts about three full days of trading in the books as of the close of business on Tuesday:

• net inflows into the spot bitcoin ETF appear to be about 21,000 bitcoin (BTC), or $894 million at the current price of $42,600.
• BlackRock's iShares Bitcoin Trust (IBIT) leads the way by adding 16,362 bitcoin.
• Second is Fidelity's Wise Origin Bitcoin Fund (FBTC) with 12,112 bitcoin.
• Sizable exits from Grayscale's Bitcoin Trust (GBTC), which has lost about 25,000 bitcoin, brought down the overall industry inflow.

https://www.coindesk.com/markets/2024/01/17/bitcoin-etf-net-inflows-near-1b-after-three-days/

Eh...so, like, is that all? Really?

Small potatoes.

Shit, Elon Musk bought $1.5B worth of BTC all in one go not too long ago.


Just for the Lulz.

These ETF trust guys are amateurs.  

Irony?
If not: Apples - Bananas
Client demand drives ETF Bitcoin accumulation. AFAIK Bitcoin are bought by ETF after market hours (read it in some tweet referenced here).
These stats are impressive, considering onyl three days of trading, which started on a friday, so effectively five days of play, depending on point of view.
Of course, i would not extrapolate these figures seriously onto the future, but imagine ETFs buying BTC like this every week. Remember, only three are ETF's are mentioned in the quote of this article. Elon's big pockets would be surpassed pretty soon. Who knows how many of his BTC were used to buy Dogecoin or already sold off?
Time will tell, and Bitcoin will do its thing, most likely in the way of another full cycle of known price dynamics.

(EDIT removed for new post)

[ivomm]

Blackrock iShare Bitcoin Trust ETF has increased their position from $499M to $707M as of 16th January 2024...

Here are some key facts about three full days of trading in the books as of the close of business on Tuesday:

• net inflows into the spot bitcoin ETF appear to be about 21,000 bitcoin (BTC), or $894 million at the current price of $42,600.
• BlackRock's iShares Bitcoin Trust (IBIT) leads the way by adding 16,362 bitcoin.
• Second is Fidelity's Wise Origin Bitcoin Fund (FBTC) with 12,112 bitcoin.
• Sizable exits from Grayscale's Bitcoin Trust (GBTC), which has lost about 25,000 bitcoin, brought down the overall industry inflow.

https://www.coindesk.com/markets/2024/01/17/bitcoin-etf-net-inflows-near-1b-after-three-days/

Eh...so, like, is that all? Really?

Small potatoes.

Shit, Elon Musk bought $1.5B worth of BTC all in one go not too long ago.

Just for the Lulz.

These ETF trust guys are amateurs.  

This is just the beginning, young padawan. If buying spot ETF's stopped there, this statement would make some sense. But it is more than clear that it will not stop. If 5,000 BTC are net bought per day, this makes 500,000 BTC in 100 days, almost as much as Greyscale has. After another 100 days, the reserve of the SB will dry up. I don't know why everyone measures the reserve of exchanges in general, since all ETF's only draw from CB (with one small exception). This means that the effect of the supply shock will be very substantial, significantly greater than the halving. But skeptics who look at the price cannot do this elementary calculation. So I expect this Greyscale flop to lead to a more significant momentary dip below 40K. I hope I'm wrong because I don't have money to buy now. It's clear that Greyscale is trying to milk their customers with this high rate. IMO the majority are not selling for a profit or a smaller loss, but to buy back other ETFs at a lower rate. This will further accelerate the effect of the shock supply. So I expect within 2 months at most, the price will start to recover steadily and grow into the usual exponential bull run.

[OutOfMemory]

EDIT: In other news...

https://www.coindesk.com/policy/2024/01/18/eu-provisionally-agrees-tough-crypto-due-diligence-measures-to-combat-money-laundering/

Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

Also the EU:

The aims of the European Union within its borders are:

    promote peace, its values and the well-being of its citizens
    offer freedom, security and justice without internal borders, while also taking appropriate measures at its external borders to regulate asylum and immigration and prevent and combat crime

 

Does this mean that EU citicens have to transfer future fiat gains in units of €999 from an exchange to their bank account(s)?
Does that also mean that one can't send to or buy on an exchange for more than €999 in fiat value without being reported?  
What if the exchange of choice is not operating from inside the EU?
Asking for a friend...