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

[Biodom]

The light that reflects off of cryptoqueen is indeed pleasant to perceive.

it's cryptoqueeen, apparently.
ask micg (or her) why the extra "e". IDK.

In other news:
Interesting fight in the alt land...
https://twitter.com/ameensol/status/1103739189529460736

Apparently some VC guy thinks that eth is "loosing its lead" whatever this means.
He probably means losing, albeit who knows, maybe its "lead" is getting loose (aka not tight), lol.

[1713405820]

1713405820

[1713405820]

1713405820

[BTCMILLIONAIRE]

Mic, show us your pics from El Nido, Palawan in the Philippines. It looks very nice, but I have read that some of the 'tours' only give you about 45 minutes in any one place.

Wanted to keep it quiet .... but cause you Ask.... i Will provid a few this evening

Its truely beautyfull down here, of-course the small town a bit dirty (with its charmes) but out town only green and beauty

IRL 10X more breathtaking ..... pic’s making it look more bad

Wasn’t plan to put in to much pic’s, but it was on request
Me sorry


And WTF is that red in BTC ?

(In the sea’s I saw 0 plastic or dirty things where i was) i did saw Some Holland peoples

Wow Mrs Goosens is a hottie 

Is for sure NO lie

Partially is if you keep refusing to put a ring on her finger.

[BTCMILLIONAIRE]

https://bitcoinist.com/gemini-backed-bitcoin-interest-account/

6.2% annual interest for a Bitcoin account sounds appealing. The idea is good and may attract many investors. But what if BlockFi turns out to be the new Bitconnect? Who cares that it is backed by Gemini?Any thoughts on this?

There's no way they can sustain 6.2% annual Bitcoin interest unless they pay it in fiat or virtually nobody deposits/stays deposited.

[BTCMILLIONAIRE]

https://bitcoinist.com/gemini-backed-bitcoin-interest-account/

6.2% annual interest for a Bitcoin account sounds appealing. The idea is good and may attract many investors. But what if BlockFi turns out to be the new Bitconnect? Who cares that it is backed by Gemini?Any thoughts on this?

seems untenable really.

but. i did look around the site. no taxable event moving a coin there (or out i presume?). interest paid in same crypto as deposit. 1099 tax form sent with interest made for tax purposes. so you are taxed only on the interest. not sure how they figure that in USD when interest was in btc..

if you dont mind losing it, might be worth a play (for some). 1 btc or 45 eth minimum.

of course "not you keys not your btc."

risky but if you dont mind losing it all it might be appealing to some. as it would earn 6% that the btc in yer cold wallet doesnt.

nice, till you lose 100% of it. ooops

I follow one simple rule. I never do any "business" with anyone if I don't understand their business model and exactly know how THEY are profiting in the dealing. As I can't see here how they could profit from it it's a no-go for me.

By using the deposited coins to trade. Which makes it anything but risk-free even if you ignore general counter-party risk and hacks.

[Biodom]

https://bitcoinist.com/gemini-backed-bitcoin-interest-account/

6.2% annual interest for a Bitcoin account sounds appealing. The idea is good and may attract many investors. But what if BlockFi turns out to be the new Bitconnect? Who cares that it is backed by Gemini?Any thoughts on this?

There's no way they can sustain 6.2% annual Bitcoin interest unless they pay it in fiat or virtually nobody deposits/stays deposited.

Sounds sketchy but some might take the risk (not me).

[El duderino_]

The light that reflects off of cryptoqueen is indeed pleasant to perceive.

it's cryptoqueeen, apparently.
ask micg (or her) why the extra "e". IDK.

This i also do not know.... gonna Ask her myself.

The light Will reflect less of her @the end of the vacation i guess... (we need to take Some Philippine colour)

What up with BTC? Never mind HM provided us the price road i saw.
So no need for live charts anymore just, just those 3 year times to follow and were good
(Could live with that HOPIUM injection)

[_javier_]

http://charts.woobull.com/bitcoin-valuations/

Is it me or we are pointing downwards for the first time ever??  

It's you.

I have noticed that you have a kind of negative nancy pattern of seeing bitcoin price direction related things.

Having lost the sum i lost (ok ok, fiat unrealised profits)..made me a sensible permabull.

I´m not negative about BTC at all, Juan,

[JayJuanGee]

http://charts.woobull.com/bitcoin-valuations/

Is it me or we are pointing downwards for the first time ever??  

It's you.

I have noticed that you have a kind of negative nancy pattern of seeing bitcoin price direction related things.

Having lost the sum i lost (ok ok, fiat unrealised profits)..made me a sensible permabull.

I´m not negative about BTC at all, Juan,

O.k.... maybe I overstated the matter a little bit, but just the fact that you are struggling with unrealized profits and considering them as unrealized profits, shows that you are having some framing difficulties.

I will concede that this particular correction was greater than I expected, at this time, because I thought that the more drug out bull market of this time around, compared with the 2013 upsurges, meant that BTC had not yet experienced a blow off top.  Therefore, I was not expecting the correction to be so great nor the crypto winter to be so long. 

But we are where we are and we just need to deal with it and attempt to figure out ways to both ride it out and to profit from the situation, to the extent that such profit is feasible and without taking too much unnecessary risk.

I sure hope that a year from now, BTC prices are higher, but I have to accept that a year from now, they could actually be lower from now.  Either way, I am not selling in these price levels and I continue to accumulate with whatever extra cashflow that I can muster up.... even if it may take longer than expected for my current purchases to become profitable... two years seems on the outside of likelihood, but there are some rare possible outcomes that could cause the situation to drag out even longer than the worse case scenarios currently in reasonable contemplation.

[El duderino_]

Fidelity's digital assets trading and custody business is live and supporting bitcoin.

When are institutions joining the game?

Well, now. 🚀

https://twitter.com/alecziupsnys/status/1103747234481487874?s=21
https://twitter.com/alecziupsnys/status/1103748040547020800?s=21

[El duderino_]

|￣￣￣￣￣￣ |
|     Buy            |
|     Bitcoin,      |
|     Bye            |
|     Banks        |
| ＿＿＿＿＿__|
(\__/) ||
(•ㅅ•) ||
/ 　 づ

Daily reminder

https://twitter.com/alecziupsnys/status/1103817763104133121?s=21

[El duderino_]

Anyone else getting this last chance to invest in kraken mails.....?

Btw good morning WO’s

[Last of the V8s]

^gm micg. all systems go. Fidelity is up and running

Fidelity's digital assets trading and custody business is live and supporting bitcoin.

When are institutions joining the game?

Well, now. 🚀

https://twitter.com/alecziupsnys/status/1103747234481487874?s=21
https://twitter.com/alecziupsnys/status/1103748040547020800?s=21

https://twitter.com/Kr00ney/status/1103750962114584577
For those wondering when @Fidelity @DigitalAssets is going live: They've been live for months! They said it was launching Q1, never issued a press release -- but have been on-boarding institutional clients for #crypto custody + clearing.

[Toxic2040]

Consolidation continues around the 0.382 fib as support builds for another run at $4k+
1h


Stronger trading volumes continue to build as the price hodls in the $3.85k range. It seems likely that some profit taking and consolidation will take place in the short term while in the mid term this weekly bullish trend continues to gather momentum for a retest of resistance levels.
4h


support and resistance at the 0.618 fib.
D


#stronghands'19

[El duderino_]

The European Central Bank announced today they will be handing out some "fresh funding" for banks.

It's their temporary solution to a system wide problem.

Creating money for them is as simple as clicking a button.

Buy bitcoin, bye banks.

https://twitter.com/alecziupsnys/status/1103705808695713793?s=21

Edit: https://twitter.com/AlecZiupsnys/status/1104078604135223298

[jojo69]

Anyone else getting this last chance to invest in kraken mails.....?

Btw good morning WO’s

fuck

kraken



that is all

[yefi]

I used and analised those in my post

I hope you cleaned up the mess afterwards.

[El duderino_]

Anyone else getting this last chance to invest in kraken mails.....?

Btw good morning WO’s

fuck

kraken



that is all

Long time i have been on kraken, but i did used it for sometimes

[El duderino_]

http://charts.woobull.com/bitcoin-valuations/

Self-Made HAT ?? 

[El duderino_]

Time to meet-up with the sun

Have a good and hopefully green day WO’s

[xhomerx10]

http://charts.woobull.com/bitcoin-valuations/

Self-Made HAT ??  

 That's an xhomerx10 original if I've ever seen one.