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

[nutildah]

Not mine, obviously. Not much I can do about it.

I've also been receiving death threats.  

Pissed off somebody really good.

[1714012462]

1714012462

[1714012462]

1714012462

[1714012462]

1714012462

[1714012462]

1714012462

[fillippone]

JPM results are out.

And are NOT Good.

JPMorgan reported earnings per share for the first quarter of 78c vs. $2.65 y/y.
1Q provision for credit losses $8.29 billion vs. $1.50 billion y/y
1Q adjusted revenue $29.07 billion, -2.6% y/y, estimate $29.52 billion (range $28.29 billion to $30.27 billion) (Bloomberg Consensus)
1Q return on equity +4% vs. +16% y/y

Dimon: We Remain Well Capitalized and Highly Liquid
Dimon: Underlying Results of Company Extremely Good in 1Q
Dimon: Likelihood of A Fairly Severe Recession1Q Incl $6.8B
Dimon: Reserve Builds Largely Due to Covid-19
Dimon: Provided $25B+ New Credit Extensions for Cos. in Crisis
Dimon: Lent Over $500M to Small Businesses in March
NOTE:
Shares rise 0.9% in pre-market trading to $99.11 on 18,806 shares traded
13 buys, 13 holds, 2 sells

More Brrrr to come!

Dimon said last week in his annual shareholders’ letter that the bank’s earnings “will be down meaningfully in 2020” from the record profit it posted last year. He also warned investors that if the downturn is “extremely adverse,” the bank will probably consider suspending its dividend to preserve capital.

In the meantinme THEY are raising standartd to lend you theri precious brrr money:
JPMorgan Chase to Raise Mortgage Borrowing Standards: Reuters

JPMorgan Chase & Co will raise mortgage borrowing standards starting Tuesday, Reuters reported, citing Chief Marketing Officer for home lending businesses Amy Bonitatibus.

Customers applying for a new mortgage will need a credit score of at least 700 and will be asked to pay 20% of the home’s value as a down payment, according to the report.

[marcus_of_augustus]

"hi I'm Gemma and I'm a sex addict"

[heslo]

Not mine, obviously. Not much I can do about it.

I've also been receiving death threats.  

Pissed off somebody really good.

Not good dude, sorry to hear

[Last of the V8s]

[bitebits]

My every single sat are still safe in my wallet except some recent gambling and some donations. From the gambling I made profit though.

Gambling^2

[vapourminer]

Many of the interviewees in the piece look like CIA friendly assets or informants ...

right?

glad it's not just me

drums, drums in the deep

Time to fear when drums stop.

they never stop. just ask The Master.

[bitcoinPsycho]

Looks like something alevlaslo would post

[JimboToronto]

Good morning Bitcoinland.

Still having trouble getting back up over $7k... currently $6943USD/$9636CAD (Bitcoinaverage).

Only a month until the halving though. By then, maybe the Covid-19 infection curve will be flattening and optimism will be returning.

Time will tell. Use your head.  Stay safe.

I hate anti-smoking Nazis. If you want to smoke, smoke. If you don't want to smoke, don't smoke. If you own a bar or restaurant, you should be free to allow smoking or not. The public should be free to choose whether they want to patronize smoking or non-smoking establishments.

Spoken like a true musician.

Indeed. Also like a true libertarian.

It's true that bars (especially live music bars), and by extension musicians, have been hurt by anti-smoking laws. People used to go out to bars to drink, smoke, listen to live music, meet people, dance, and have a good time. It's not such a good time if they have to interrupt their fun to put on their coats and go stand out in the rain or snow to have a smoke.

After a while people realize that it's cheaper and a lot less hassle to simple stay at home with maybe a few friends, not risk DUI charges, and enjoy drinking and smoking without interruptions from the nanny state, even if it means being forced to listen to canned (recorded) instead of fresh (live) music.

Before long, bars are closing, musicians and servers are out of work and people are socializing less. Is it any wonder that actual social contact is being replaced by bullshit anti-social networking on the internet? Instead of exercising on the dance floor, people are growing obese sitting at home.

Some people have an obedience fetish. They hate choice and free will. In their idea of a perfect world, everything is either obligatory or forbidden. Nothing pleases them more than telling others what to do or being told what to do.

Fuck them.

[VB1001]

https://twitter.com/veriphibtc/status/1249774015083950081

[Toxic2040]

"hi I'm Gemma and I'm a sex addict"

+1 WOsMerit



RRRRrrrrr..rrrrr..meow!


---------

Good morning Bitcoinland.

Still having trouble getting back up over $7k... currently $6943USD/$9636CAD (Bitcoinaverage).

Only a month until the halving though. By then, maybe the Covid-19 infection curve will be flattening and optimism will be returning.

Time will tell. Use your head.  Stay safe.

I hate anti-smoking Nazis. If you want to smoke, smoke. If you don't want to smoke, don't smoke. If you own a bar or restaurant, you should be free to allow smoking or not. The public should be free to choose whether they want to patronize smoking or non-smoking establishments.

Spoken like a true musician.

Indeed. Also like a true libertarian.

It's true that bars (especially live music bars), and by extension musicians, have been hurt by anti-smoking laws. People used to go out to bars to drink, smoke, listen to live music, meet people, dance, and have a good time. It's not such a good time if they have to interrupt their fun to put on their coats and go stand out in the rain or snow to have a smoke.

After a while people realize that it's cheaper and a lot less hassle to simple stay at home with maybe a few friends, not risk DUI charges, and enjoy drinking and smoking without interruptions from the nanny state, even if it means being forced to listen to canned (recorded) instead of fresh (live) music.

Before long, bars are closing, musicians and servers are out of work and people are socializing less. Is it any wonder that actual social contact is being replaced by bullshit anti-social networking on the internet? Instead of exercising on the dance floor, people are growing obese sitting at home.

Some people have an obedience fetish. They hate choice and free will. In their idea of a perfect world, everything is either obligatory or forbidden. Nothing pleases them more than telling others what to do or being told what to do.

Fuck them.

+1 WOsMerit

Spoken like a true Canadian. 


----------

https://twitter.com/veriphibtc/status/1249774015083950081

 

+1 WOsMerit

[bkbirge]

Time to fear when drums stop.

.. because then the bass solo starts. The old jokes are always the best.

[Last of the V8s]

https://cryptobriefing.com/central-banks-recommended-ban-stablecoins/

Key Takeaways

-The Financial Stability Board (FSB) outlined ten recommendations to central banks for regulating stablecoins, including outright prohibition.

-The FSB is an international entity that provides suggestions on the global financial system. It comprises central banks and finance ministries from major G20 economies.

-The recommendations are to be presented before an audience of G20 countries, and reference major stablecoins, including USDT, USDC, TUSD, PAX, and DAI.

-Given the market’s heavy reliance on stablecoin, a ban could mean disaster for Bitcoin and the broader cryptocurrency market.

'disaster' lol no
the banks just want to issue their own stablecoins

[Last of the V8s]

https://medium.com/@Austerity_Sucks/ftx-bvix-token-the-bitcoin-markets-first-vix-product-f5cec9acd934
what it says is in the title

[LFC_Bitcoin]

@Bitcoin
Bitcoin is for saving...

...us from fiat
https://twitter.com/bitcoin/status/1250079615152001025?s=21



Tru dat!

[Toxic2040]

Good morning all

Things are still progressing sideways as far as I can see. Bull are seeking to break above resistance levels around the $7.2k range and Bears are looking for support to fall off around $6.5k and so we see a continuation pattern that remains firmly entrenched. #dyor
1h


4h


D

#stronghands

[Bitcoinaire]

Enough with this chop. We need a good pump and not a fake bullshit one.

[JimboToronto]

It's not such a good time if they have to interrupt their fun to put on their coats and go stand out in the rain or snow to have a smoke...

...Some people have an obedience fetish. They hate choice and free will. In their idea of a perfect world, everything is either obligatory or forbidden. Nothing pleases them more than telling others what to do or being told what to do.

Fuck them.

Spoken like a true Canadian.  

Lol. At first I didn't notice your bolding of the rain and snow part.

I thought it was the anti-authoritarian part you considered truly Canadian. 

[Torque]

Some people have an obedience fetish. They hate choice and free will. In their idea of a perfect world, everything is either obligatory or forbidden. Nothing pleases them more than telling others what to do or being told what to do.

Fuck them.

You said it, Jimbo.

Is it any wonder that the vast majority of White Knighters on behalf of the state/govt mandates live in the most socialist of states and/or nations?

[JimboToronto]

Some people have an obedience fetish. They hate choice and free will. In their idea of a perfect world, everything is either obligatory or forbidden. Nothing pleases them more than telling others what to do or being told what to do.

Fuck them.

You said it, Jimbo.

Is it any wonder that the vast majority of White Knighters on behalf of the state/govt mandates live in the most socialist of states and/or nations?

And the most militarized.