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

[JimboToronto]

Explanation

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[1715094159]

1715094159

[bitcoinPsycho]

Explanation

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Agreed 👍

[Findingnemo]

The small pumps hitting the market again and now the old investors again turning to btc but.The difference between panic sellers and holders is like this :

They just ignore the market up and down which always work for them but the others just see what is total distraction from your goals.So concentrate on what you have without your eyes always glued on market dips and red graphs.

When profit is the only thing on investors mind they will just go with the trend.

Like which is more attractive,that bouncy boobies...

[ChartBuddy]

Explanation

[Karartma1]

Dear Chartbuddy, I used to like you. Not anymore 

[Hueristic]

Missed it by that much!

[ChartBuddy]

Explanation

[Dabs]

But anyway, I was fond of his entertainment persona. That will be missed. And I don't think it was a suicide.

I wonder what will happen to all his coins... ?? ....        

And this is something I've been pondering recently... A maybe yet to be realized mitigating factor in the long-term course of this new currency.
We've already mentioned coins lost to forgotten keys and typos... but what about the generational wealth transfer that breaks down far more often than it succeeds as our first generation of HODL'ers fail to properly secure a means of passing coins on in the inevitable unfortunate demise.

With paper Fiat it's not uncommon to find out years later that old Uncle Festus had hidden thousands of $$$ under his floor boards. Or that Grandpa Irving had an old savings account or safety deposit box with forgotten fortunes waiting to be claimed.

At the simplest, bitcoiners may possibly have a paper backup, or the seed words, or some other private keys safely stored. Those can be under the floor boards or more likely in some safe or box or file cabinet.

There are also some multi-sig procedures so heirs can get access to coins.

If you currently do not have a recent back up, or tested a restore from your backup, or tried to load up your wallet (air gapped / cold of course) then now would be a good time to test if the procedure works. You can always destroy the new wallet if you don't intend to use it.

[ChartBuddy]

Explanation

[LFC_Bitcoin]

By Osato Avan-Nomayo

NYDIG set to bring Bitcoin adoption to 650 US banks and credit unions

NYDIG looks set to deliver on its promise to enable millions of Americans to buy Bitcoin from their bank accounts in 2021.

New York Digital Investment Group (NYDIG) has partnered with the Atlanta-based enterprise payment behemoth NCR to enable Bitcoin (BTC) services for banks and credit unions in the United States.

According to Forbes on Wednesday the deal will see 650 banks and credit unions in the U.S. able to provide Bitcoin trading services to their over 24 million customers.

Apart from Bitcoin trading for its banking and credit union clients, the NCR is also reportedly eyeing BTC payment services for its almost 200,000 retail clients.

NYDIG will reportedly offer its in-house Bitcoin custody solution, removing a major regulatory impediment for community banks and other financial institutions looking to deal in cryptocurrencies.

The news follows swiftly on the heels of NYDIG’s partnership with digital banking services provider Q2 as well as global payment channel Fiserv and cloud-based electronic banking outfit Alkami to enable banks to offer Bitcoin trading to an estimated 18 million customers.

Indeed, as previously reported by Cointelegraph, NYDIG bank solutions head Patrick Sells stated back in May 2021 that U.S. banks were keen to offer Bitcoin trading in 2021. At the time, Sells opined that the significant outflow of funds to exchanges like Coinbase was forcing lenders in the country to re-examine their previous anti-BTC stance.

Related: NYDIG and Q2 partner to enable Bitcoin trading for 18M US bank customers

According to NCR digital banking chief Douglas Brown, the company’s banking clients were routinely reporting massive outflows of customer's savings to crypto exchanges. For Brown, offering BTC trading avenues will help NCR and its clients capture some of the $1.4 trillion market.

The move also expands the NCR’s improvement of the digital finance infrastructure available to its banking and credit union clients. Earlier in the year, the 137-year-old enterprise payment firm acquired software firm Terafina to improve customer onboarding across physical, call center and digital account opening channels.

NCR reportedly has plans to custody Bitcoin for its clients while also exploring use cases for non-crypto blockchain applications.

https://cointelegraph.com/news/nydig-set-to-bring-bitcoin-adoption-to-650-us-banks-and-credit-unions

[eXPHorizon]

https://www.youtube.com/watch?v=d-BCi3tpaVo

Dw, i got a guy who will do it Cheaper.

 

Fitting af

[ChartBuddy]

Explanation

[modrobert]

!Old (~4 months), but gold. Great analogy by Andreas.

Cryptocurrency Explained: All the ships are sinking (Currency Wars II)
https://www.youtube.com/watch?v=stN03wk_Wzs

[cAPSLOCK]

I agree that there might have been other option besides defaulting in this case. I think a competent barrister could have argued for a sealed proceeding on the grounds of possible bodily harm or some other form of retaliation being made upon the defendant if his identity had been revealed to the general public. I also think that if there were financial considerations that kept this case from being defended properly that the Bitcoin community would have rallied in support. I also agree that the disparity between the haves and have nots in most judicial systems is a heinous thing. I think Elon Musk is more clever than most give credit for, it could just be he was tweaking the nose of the SEC and exercising his right to free speech. I do not care for his obsession with dogecoin even though it is a interesting community with tremendous support. I remain unconvinced of its long term store of value properties and usefulness. There is only one person who really knows the motive and I don't believe the man has time or the inclination to explain to us mere mortal's.

It's worth noting that the scumbag likes to pick his jurisdictions based on which is most likely to give him the more favorable outcome. Notably, he has gamed the UK's libel laws in previous actions. This is clearly an action that should have occurred in the US given that .orgs are technically US and bitcoin.org is on a server based in the US but malarkey as ever...

CA became VERY practiced in this through the "Bodog" years.  As a (bad) poker player (that was my entry into the corn in fact) I was aware of him skating around all jurisdictional things in that realm, and he was for a time on some three letter agency's most wanted list.  He is deeply skilled in the game he is playing today.

Honestly, I have occasionally wondered if he were the actual antichrist gearing up for the mark through all this.  I mean damn, even his actual name is poetic for such a thing.  The level of deception between the two of them... Jesus... well... maybe i should say anti-Jesus.

[cAPSLOCK]

..... that old Uncle Festus had hidden thousands of $$$ under his floor boards. Or that Grandpa Irving had an old savings account or safety deposit box ......

.....

...not to mention cousin Mel, Grandma Gertie and Auntie Grizelda.

I went to see them last year, I wouldn't recommend it.

Thanx for the pro tip bro.
Fun fact... The first LP I ever owned was "The Monkees" (just after it was released in 1966)
A 9th birthday gift from Auntie. I was all bummed out because it didn't have the track "I'm a Believer" on it.
So shortly thereafter, I saved up my pocket money and bought their 2nd album "More of The Monkees" (which did include that track)
My older brother gave me no end of shit because he was a Beatles fanboy (he'd just bought "Revolver")
and thought the Monkees were shite. Apparently, he was cool, I wasn't.

GO BITCOIN




 

The Monkees were very cool.  Sort of a blend of the Beatles and the Beach Boys.  What a hard time for them to become famous.  They lived in a long long shadow...  Hmm... is not that somehow related to an azimuth? 

[cAPSLOCK]

So what did you put in the search engine bro?  just curious.....

... +"llamas mating image"


https://www.youtube.com/watch?v=IVwnAyw6m0Y

 I had always imagined that every OG bitcoiner had their own Alpaca ranch.  Disappointed!

When it's all said and done, I might just buy one to have it around.

[cAPSLOCK]

But anyway, I was fond of his entertainment persona. That will be missed. And I don't think it was a suicide.

I wonder what will happen to all his coins... ?? ....        

And this is something I've been pondering recently... A maybe yet to be realized mitigating factor in the long-term course of this new currency.
We've already mentioned coins lost to forgotten keys and typos... but what about the generational wealth transfer that breaks down far more often than it succeeds as our first generation of HODL'ers fail to properly secure a means of passing coins on in the inevitable unfortunate demise.

With paper Fiat it's not uncommon to find out years later that old Uncle Festus had hidden thousands of $$$ under his floor boards. Or that Grandpa Irving had an old savings account or safety deposit box with forgotten fortunes waiting to be claimed.

At the simplest, bitcoiners may possibly have a paper backup, or the seed words, or some other private keys safely stored. Those can be under the floor boards or more likely in some safe or box or file cabinet.

There are also some multi-sig procedures so heirs can get access to coins.

If you currently do not have a recent back up, or tested a restore from your backup, or tried to load up your wallet (air gapped / cold of course) then now would be a good time to test if the procedure works. You can always destroy the new wallet if you don't intend to use it.

Extremely important post.  Better to handle these things sooner rather than later...

[modrobert]

But anyway, I was fond of his entertainment persona. That will be missed. And I don't think it was a suicide.

I wonder what will happen to all his coins... ?? ....        

And this is something I've been pondering recently... A maybe yet to be realized mitigating factor in the long-term course of this new currency.
We've already mentioned coins lost to forgotten keys and typos... but what about the generational wealth transfer that breaks down far more often than it succeeds as our first generation of HODL'ers fail to properly secure a means of passing coins on in the inevitable unfortunate demise.

With paper Fiat it's not uncommon to find out years later that old Uncle Festus had hidden thousands of $$$ under his floor boards. Or that Grandpa Irving had an old savings account or safety deposit box with forgotten fortunes waiting to be claimed.

At the simplest, bitcoiners may possibly have a paper backup, or the seed words, or some other private keys safely stored. Those can be under the floor boards or more likely in some safe or box or file cabinet.

There are also some multi-sig procedures so heirs can get access to coins.

If you currently do not have a recent back up, or tested a restore from your backup, or tried to load up your wallet (air gapped / cold of course) then now would be a good time to test if the procedure works. You can always destroy the new wallet if you don't intend to use it.

Extremely important post.  Better to handle these things sooner rather than later...

Backing up wallets are important, but regarding lost coins in general on the Bitcoin blockchain, I tend to agree with Satoshi.

Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.

[cAPSLOCK]

Backing up wallets are important, but regarding lost coins in general on the Bitcoin blockchain, I tend to agree with Satoshi.

Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.

I am not surprised at the mixed response to Popescu's demise.  He was an amazingly prolific probable genius, and he was an (in my opinion) awful person.

I would be extremely surprised if the mass of his coins, however many there were, were not set up in a fairly tight system.  I think there is a VERY good chance they are lost as in a donation to us all ala Satoshi.  And in this case the size of the donation could be ridiculous... as much as 5-7% of the remaining float, maybe even more.

Of course no one knows (yet) how many there really were, and like the satoshi coins we most likely will never be able to know for SURE that some sex-slave who got close enough to figure out his system would not be able to access them and rock the markets, lol.  Seriously it's a possible time bomb the size of the Satoshi stash itself.

He was so twistedly brilliant I would also not be surprised if he set them in some convoluted dead man switch setup.  He could surprise us from the grave.

Assuming he is dead at all.

The intrigue in our little world runs deep!

Does anyone know yet what killed him?

-Edit- well look at that.  An actual boating accident?  He supposedly drowned. lol.

I also bristle somewhat at the moniker "Father of Bitcoin Maximalism".  THere is certainly crossover there, but most "Maximalists" today have no idea who he was, and his brand of maximalism differed I think.  i think the title "The earliest bitcoin maximallist" would be more accurate.

[ChartBuddy]

Explanation