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

[Dabs]

also not suggesting that we should not try to treat animals more ethically or that we shouldn't try to preserve nature where it still exists. all this is important but we cannot escape "our" nature - which is to create our own environment globally.

Check this out = David Attenborough: A Life on Our Planet

It's on netflix and probably a few other places. He started by saying "we have to fix this, or else." something like that.

[1715555557]

1715555557

[1715555557]

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[LFC_Bitcoin]

@lopp
Anyone can generate a bitcoin private key.
No one can generate your bitcoin private key.

https://twitter.com/lopp/status/1313825271712108551?s=21

[fillippone]

Jack Dorsey and Square $SQ just announced they've invested around $50M into Bitcoin

https://twitter.com/stockmktnewz/status/1314189433349038082?s=21

*SQUARE: CRYPTOCURRENCY AN INSTRUMENT OF ECONOMIC EMPOWERMENT

*SQUARE INVESTS $50M IN BITCOIN

https://twitter.com/deitaone/status/1314189340726177793?s=21


Press release from Square:

SAN FRANCISCO, CA – October 8, 2020 – Square, Inc. (NYSE: SQ) announced today that it has purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Square believes that cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system, which aligns with the company’s purpose. The investment represents approximately one percent of Square’s total assets as of the end of the second quarter of 2020.

The MicroStrategy idea is slowly trickling down the Street.
Slowly at start, then all of a sudden!

[600watt]

observing 10737. we need to get above 10750 to get some little run up started.

[LFC_Bitcoin]

We are still early

[jojo69]

 

[JSRAW]

also not suggesting that we should not try to treat animals more ethically or that we shouldn't try to preserve nature where it still exists. all this is important but we cannot escape "our" nature - which is to create our own environment globally.

Check this out = David Attenborough: A Life on Our Planet

It's on netflix and probably a few other places. He started by saying "we have to fix this, or else." something like that.

Is it good Dabs?

still not using keyboard


Edit

Want to update monthly log but

it sucks , tried hard but its freaking repetitive.

[Karartma1]

Jack Dorsey and Square $SQ just announced they've invested around $50M into Bitcoin

https://twitter.com/stockmktnewz/status/1314189433349038082?s=21

*SQUARE: CRYPTOCURRENCY AN INSTRUMENT OF ECONOMIC EMPOWERMENT

*SQUARE INVESTS $50M IN BITCOIN

https://twitter.com/deitaone/status/1314189340726177793?s=21


Press release from Square:

SAN FRANCISCO, CA – October 8, 2020 – Square, Inc. (NYSE: SQ) announced today that it has purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Square believes that cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system, which aligns with the company’s purpose. The investment represents approximately one percent of Square’s total assets as of the end of the second quarter of 2020.

The MicroStrategy idea is slowly trickling down the Street.
Slowly at start, then all of a sudden!

This does not surprise me anymore (and I guess also others share the same feeling).
Do you know what could probably amaze me? Perhaps Pope Francis switching all the Vatican reserve to Bitcoin.
Yes, that could do it. 

[El duderino_]

Little stiffy little stifler

Insert gif

[Dabs]

also not suggesting that we should not try to treat animals more ethically or that we shouldn't try to preserve nature where it still exists. all this is important but we cannot escape "our" nature - which is to create our own environment globally.

Check this out = David Attenborough: A Life on Our Planet

It's on netflix and probably a few other places. He started by saying "we have to fix this, or else." something like that.

Is it good Dabs?

I like his kind of documentaries.. He starts also by saying "My name is David Attenborough, I am 93 years old." ... still alive man!

[soullyG]

[dragonvslinux]

Long time no post, market has been boring. Finally it's looking interesting again 

• My gut tells me a breakout to the upside is the most likely, due to long-term (Daily/Weekly) bullish factors, as well as fear being relatively low, hash rate remaining high.
• My logic tells me to stay patient, wait for a confirmed breakout (above $10.95K or below $10.2K), as the continuation pattern suggests continued downside.
• Statistics tell me that volatility is at an all time low, so the breakout will be significant. Either to buy a breakout or set bids for a dip.

Here's an "educational" style to chart to look at the measured move of the symmetrical triangle. The targets are either $9K or $12K.



Either way, the breakout this week will likely define the price structure (bullish or bearish) for the coming month and quarter (October-December).
I'm always hoping for a break-down personally, to hedge short and then average into a nice dip. Going up already is also fine by me 

Disclaimer: Poster currently has 91% of wealth invested into crypto (75% of which is in Bitcoin). Assume a perma-bull bias.

[nullius]

@lopp
Anyone can generate a bitcoin private key.
No one can generate your bitcoin private key.

https://twitter.com/lopp/status/1313825271712108551?s=21

I hate to correct Lopp, who certainly knows more Bitcoin than I do.  But being a pedant, I must note that due to the way that keys are identified by Hash160, there are 2⁹⁶ (79,228,162,514,264,337,593,543,950,336) different private keys that are authorized to spend any funds sent to a P2PKH/P2WPKH address.  Guessing any one of them would suffice to spend the money.

It does not make a difference in practice, because you still have only a 2¹⁶⁰ chance of guessing any key that can spend for a specific address.  2¹⁶⁰ is still an astronomically huge number!  Albeit somewhat less astronomically huge than 2²⁵⁶ (the 256 represented in the “Bits” column).

2²⁵⁶ is just such a mind-blowingly incomprehensible-to-humans big number that dividing it by 2⁹⁶ results in... a smaller mind-blowingly big number.

Therefore, yes, your money is safe.

[nullius]

Supposing that Truth is a woman—what then?

Supposing that Truth is a woman—I will take mythopoetic licence, and name her the ‘ruler of men’ (Ἀνδρoμέδα).  Thus in lieu of a thousand words, this is the picture of exposing Truth to the Internet masses:



Sorry, honey.

* My dick is bigger than a twitlib’s—where “dick” has a subtextual meaning of “supreme mastery of hermeneutics”, and its size is an allegory for my powers of mythological interpretation.

[webtricks]

We are still early

Jack Dorsey has always been a flag-bearer of bitcoin. So it would still be early to consider that buying bitcoin as reserve is becoming a corporate trend. Morever, he said that purchasing bitcoin was in-line with the company's purpose. Are we going to see Square - Crypto Wallet soon?

[Toxic2040]

the morning wall report

Thursday morning jam..who doesnt like jam?

#dyor



1h



Tapping the top of the pennant...your courtesy flag is aloft sir.
4h



Sideways continuation pattern continues as the 200ssma readies to cross over the $10k barrier.
D

#stronghands

[explorer]

$10900 pushing for 11k any minute...













or not, you lazy bastards.

[soullyG]

Square have written a "whitepaper" on how they purchased their BTC

We’ve chosen to open source this documentation in order to clearly articulate the process behind
the execution of our purchase as others consider similar moves.

[Paashaas]

also not suggesting that we should not try to treat animals more ethically or that we shouldn't try to preserve nature where it still exists. all this is important but we cannot escape "our" nature - which is to create our own environment globally.

Check this out = David Attenborough: A Life on Our Planet

It's on netflix and probably a few other places. He started by saying "we have to fix this, or else." something like that.

I've seen it yesterday, it was breath taking and frightening at the same time a true eye opener. This is a must watch for everyone.

Nature must be protected at all costs for the future of humanity because by protecting it we protect ourselves.

Unfortunately we will continue destroying Earth's biodiversity/deforestation/over fishing-farming/polution and add climate change to the mix it is a recipie for complete disaster ore even extinction. Some previous extintion events took millions of years however the next one may happen in just 100 years. (Paashaas claps his hands)

There are some successes here and there but it might be to late for that, the money system does not allow us to fix it, in fact most problems in this world and our lifestyle is caused by it.

If we fix the fiat system than we'll fix a lot of problems, this is why Bitcoin is so important. Bitcoin is the total package in terms of the redistribution of wealth/power and to restore nature, it is (imo) one of the -if not- the most important invention of oure life-time.

[JimboToronto]

Good morning Bitcoinland.

Up a little this morning... currently $10920USD/$14444CAD (Bitcoinaverage).

A step in the right direction. Go Bitcoin go.
_____

Got lucky with Hurricane Delta. It downgraded to category 2 before making landfall and thus caused much less damage than anticipated.

No fatalities nor even any injuries have been reported and all reports are that damage has been minimal... mostly toppled trees and wires in our general area.

It will probably be another couple of days before power and internet are restored and we can find out how we fared. We're keeping our fingers crossed.

What a year!