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

[Saint-loup]

Cristine Lagarde in her first conference as President of the ECB is discussing Bitcoins and Blockchain for CBDC.
She says that they are looking into that, on the Stablecoins above all, to cut costs and middlemen’s.
Times are changing.

Do you have a specific article that attempts to describe the significance of this?

I don't exactly grasp any kind of meaningful significance based on your summary, except just a kind of implication that bitcoin, blockchain (various cryptos) and stable coins are just becoming more broadly accepted within financial BIG WIG circles.

The ECB just made a tweet with few words of her speech about that here :

https://twitter.com/ecb/status/1205225680453210112

[Globb0]

via Imgflip Meme Generator

A sportive HODLer trunk (previous HODLer now back trying to gain some stash )

cool dark side of the moon shoes

[Icygreen]

Somebody wants cheaper prices.  Bottom is nearing.

"Too difficult to use, too easy to hack, way too easy to lose"—Mark Cuban says there is "no chance" bitcoin becomes a reliable currency

https://twitter.com/ForbesCrypto/status/1204440642845315072?s=19

[STT]

In general, the producers won't release OS drivers or disclose all the specs that would enable OS driver development, so you're left with a phone where the camera works but (insert glitch), WiFi works but (insert different glitch), and so on.

I used to have a landlord who dropped from Cambridge in his first term to drive BMW cars from Germany to Saudi Arabia for a job.  When his 8 bit computer didnt work with a scanner as there was no drivers he just wrote his own and learnt the code along the way too.   The company eventually paid him to make the driver and the scanner software because they had never intended to make it work on that hardware but he showed it could be done.    Windows is not a secure OS, its a dozen chocolate padlocks.



Good reaction, could develop over the weekend.

[fillippone]

Cristine Lagarde in her first conference as President of the ECB is discussing Bitcoins and Blockchain for CBDC.
She says that they are looking into that, on the Stablecoins above all, to cut costs and middlemen’s.
Times are changing.

Do you have a specific article that attempts to describe the significance of this?

I don't exactly grasp any kind of meaningful significance based on your summary, except just a kind of implication that bitcoin, blockchain (various cryptos) and stable coins are just becoming more broadly accepted within financial BIG WIG circles.

For some reason I was watching on TV her first q&a session as President of the ECB (she’s in charge from the first of November and this is her first public speaking after a rate decision).
She just started talking about Bitcoin, CBDC (Central Bank Digital Currencies), blockchain, stablecoins etcetera.
Just having a Central Banker speaking about Bitcoin is exciting.
No, I haven’t any article about that, because I was reporting it as it was happening. If I find something I will edit the message.

[Arriemoller]

Don't take it too seriously, when I say "I'll cut you" or I"ll beat you"

or call you "pedo guy"?

I haven't called anyone that.

[Last of the V8s]

What do Christmas lights and Jeffrey Epstein have in common?









They don’t hang themselves.

[Saint-loup]

Cristine Lagarde in her first conference as President of the ECB is discussing Bitcoins and Blockchain for CBDC.
She says that they are looking into that, on the Stablecoins above all, to cut costs and middlemen’s.
Times are changing.

Do you have a specific article that attempts to describe the significance of this?

I don't exactly grasp any kind of meaningful significance based on your summary, except just a kind of implication that bitcoin, blockchain (various cryptos) and stable coins are just becoming more broadly accepted within financial BIG WIG circles.

For some reason I was watching on TV her first q&a session as President of the ECB (she’s in charge from the first of November and this is her first public speaking after a rate decision).
She just started talking about Bitcoin, CBDC (Central Bank Digital Currencies), blockchain, stablecoins etcetera.
Just having a Central Banker speaking about Bitcoin is exciting.
No, I haven’t any article about that, because I was reporting it as it was happening. If I find something I will edit the message.

There are the transcript and the video of her speech about cryptos and CBDC in this article

https://www.ledgerinsights.com/ecb-euro-central-bank-digital-currency-cbdc/

[Hyperjacked]

I can’t help but buy at 7100-7200$ Again and again
Bumpy roads ahead imho

Disclaimer:buy da dips burn da manips  

So beautiful dat 7100-7200$ range playas

[Last of the V8s]

Looks like the world is going to find out about Thailand. But watch out! Anarchapulco isn't always the safest place.


World Exclusive " 1st Interview with the World's 1st Seasteaders, Marked for Death by the Thai Government.

Anarchast Ep.498 Topics include: the very early days of bitcoin, starting out with the seasteading movement, the Tahiti project, how the Thailand seastead started, the search for freedom, fake news in Thailand makes Nadia a figure to be hated, a threat to national security, threatened with the death penalty, life on the run, the Panama project, great new plans, a call for collaboration, Chad and Nadia to be at Anarchapulco.

First Interview with World's First Seasteaders, Wanted Dead by Thailand

https://www.youtube.com/watch?v=KPWqxRAQ7Ts

[LUCKMCFLY]

High correlation...

ICYMI: the very high correlation between stock-to-flow and #bitcoin price is NOT spurious ... because S2F and btc price are co-integrated 🔥..🚀

Source: https://twitter.com/100trillionUSD/status/1205244207675432960

[Cryptotourist]

Finally, BTC price movement, fractals & cycles, all explained:

https://www.youtube.com/watch?v=n6GEcdh5whk

[JayJuanGee]

I am just curious why every time we have some big or small increase, a dump follows below the starting point of the "pump"? Are these the 1%-daily-profit-seeking-traders, or the casual way the closing of short/long positions work? Or even worse, whale shorters, who defend their shorts by dumping on Bitstamp their prepared bitcoins for this purpose? Perhaps some experienced trader can share his thoughts? And in this regard, is the longs vs shorts ratio on Bitfinex (293 mln vs 45 mln) a threat for the price, i.e. a potential long squeeze? I've noticed that Bitfinex longs are more stable than on Bitmex. The volume is the same as it was when the price was above 10K. Better funded perhaps, so it is hard to get a long squeeze even from 10K down to 7K. On Bitmex there is parity (312 vs 330 mln).

I don't really know much of anything to attempt to explain your various observations, but many of us likely realize that the price pushes on one exchange could actually end up paying off on another exchange, so just logically, it seems to me that having disparities in the number of longs versus shorts on one exchange versus another exchange causes some short term arbitrage opportunities that might set up for a kind of BIG play of some manipulator(s) (aka whale(s)) who believe that they are in a position to take advantage of such exchange disparities.

[cAPSLOCK]

The Lightning Network will soon be able to support larger Bitcoin payments.

Blockstream announced today that it is closer to solving one of the biggest problems facing the Lightning Network, Bitcoin’s scaling solution. A better way of sending large payments across the network is coming soon.

Atomic Multi-Path Payments (AMP) over Lightning were first proposed by Lightning Labs co-founder Conner Fromknecht and its Head of Engineering, Olaoluwa Osuntokun, in 2018.

But it wasn’t until May this year that a new routing proposal was merged into the Lightning spec, providing a fix to Bitcoin’s long-standing payment problems, including AMP.

Sending payments over the AMP protocol would improve the privacy of Lighting Network intermediaries and provide fee savings, as well as other benefits.

Multi path payments are so much more important than people realize yet.  It will make lightning payments look a little more like chips on a poker table as opposed to beads on an abacus.  It's a bad analogy since there are not winners/losers. But what we can do is move value around the network MUCH more organically.  Not only will it allow bigger payments, but it will also free up the ability for the network to begin to balance itself.  In fact I see this is an area that something AI like could be set up to manage routing.

Hopefully they are getting the security right.

[jbreher]

Speaking of which, when will we see an open source mobile OS to run on our ARM devices?

NotSureIfSerious.png

What's wrong with Linux?

[lightfoot]

Well, looks like the Brit gits are about to commit economic suicide. Thank heavens there is bitcoin so the people can exchange their worthless "pound" for something that will have value.

I'm going to enjoy watching this unfold.

[jbreher]

Solution: switch to linux

I haven't worked on a a Mac since the mid 90's but afaik Macs are now on a Linux kernel so there should be a workaround.

Close. BSD. But diverging therefrom.

[jbreher]

Sense of guilt disclosure. I have to confess I do have to use Win10 for some things because reasons

My Win10 use is limited to my VR rig. Mostly, anyhoo. And wifey's SecondLife station.

[jbreher]

http://gunkies.org/wiki/Mach

So one would guess Free BSD tools would work as they were back ported yes?

Less so than previously.

Used to be able to compile and run pretty much any *nix project on Mac, GUI components allowing. Not so much any longer.

[gentlemand]

Well, looks like the Brit gits are about to commit economic suicide. Thank heavens there is bitcoin so the people can exchange their worthless "pound" for something that will have value.

I'm going to enjoy watching this unfold.

I think the problem is that the opposition offered even more economic suicide. Even if they kept it soft with the EU their Venezuelan ideas would've driven away most business. Unbelievable that it's come to this.

The only bright spot is the Scottish Nationalists wiping out everyone up North which means the union might break up and I can leave England to slowly fist itself. Failing that I may buy some toothless Bulgarian grandma for a pittance so I can marry her.