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

[heslo]

And Saylor buys another $786m worth of Bitcoin

Another 11931 coins taken off the market

[Hueristic]

The ONLY Legit coin besides Bitcoin is Monero and that only because it has privacy tech that was slated for Bitcoin (as can be easily researched by reading Satoshi and Hals posts) that was never implemented and if bitcoin ever implements that tech then even Monero will become worthless.

If that's your criteria, what about Litecoin?

Its originally a project that was designed to keep mining decentralized and was a great real world testbed for bitcoin technologies in the real world but lost its way when it didnt fork when scrypt became asic.

Its worthless now in my mind except as an onboarding tool and cheaper medium of exchange between centralized exchanges.

I would never hold it.

[El duderino_]

And Saylor buys another $786m worth of Bitcoin

Another 11931 coins taken off the market

Making history.
(It’s) Michael saylor era.
He’s done it again.

*not sure Michael = 2-3

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinBunny]

I wonder if NVDIA and Apple will buy before their insane valuations tank or buy in a panic during or after it.

[Torque]

OT:

U hear that ??

Tick....tick....tick....tick....


https://fred.stlouisfed.org/series/RRPONTSYD/

[goldkingcoiner]

And Saylor buys another $786m worth of Bitcoin

Another 11931 coins taken off the market

Now? Already? Well. I might not wait around for 60k after all.

[Hueristic]

And Saylor buys another $786m worth of Bitcoin

Another 11931 coins taken off the market

Making history.
(It’s) Michael saylor era.
He’s done it again.

*not sure Michael = 2-3

Bought the dip, smart guy.

[Lucius]

I wonder if  and Apple will buy before their insane valuations tank or buy in a panic during or after it.

I don't know about NVDIA, but when you look at who is one of the biggest shareholders in Apple, I wouldn't bet that they will buy Bitcoin so soon.

[BobLawblaw]

Ever get the feeling we are being fucked with?

This bullshit reeks of manipulation.

EDIT: Fuggin' Germany dumping their stash...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Holds3bitcoin]

Looks like the current iteration of banning ENCRYPTION has failed.

https://www.nobsbitcoin.com/eu-council-withdraws-vote-on-chat-control/

[LoyceV]

Ever get the feeling we are being fucked with?

Always.

This bullshit reeks of manipulation.

Bitcoin has always felt like a playground for rich guys to do everything they're not allowed to do on the stock market.

[Hueristic]

Congress fuckery again trying to sneak in laws to force everyone that uses a "virtual coin" to be identified.

A Senate bill meant to fund U.S. intelligence operations included a section borrowed from an earlier bill aimed at preventing the use of cryptocurrency to support terrorism. That provision, as written, could require a massive shift in the crypto industry toward identifying users' identities to prevent sanctions that could strangle digital assets businesses. Were it to become law, it would mark the most important U.S. crypto policy yet adopted – and all without significant debate about its merits.

They literally threw this in a bill without any notice to even the senators voting on it.

A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but industry insiders consider its chances for survival to be limited.

https://www.coindesk.com/policy/2024/06/10/senate-bill-could-open-crypto-to-us-sanctions-but-industry-trying-to-head-it-off/

[philipma1957]

Ever get the feeling we are being fucked with?

Always.

This bullshit reeks of manipulation.

Bitcoin has always felt like a playground for rich guys to do everything they're not allowed to do on the stock market.

Thank God for this.

It is the biggest reason btc is 60k+


Especially when scrypt would better suit Satoshi idea of p2p money mover.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[macson]

And Saylor buys another $786m worth of Bitcoin

Another 11931 coins taken off the market

verrry smart...

he used printed money to buy more bitcoin...

[Torque]

One post-election house party away from total disaster....

[criptoevangelista]

In 2022 I sold my old Nintendo Switch for approximately 0.03 BTC.... today I bought it again, but a more modern version... it cost approximately 0.005 BTC....

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com