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

[retreat]

I say BTC 50k by monday.  Everytime there is bad news, poly hack, stock markets down, sec regulation and so on and so forth, price just doesnt really dump more than a few %.  bullish

all bad news will pass like a gust of wind and we will see BTC $ 50k in September..keep optimistic

[ChartBuddy]

Explanation

[bitebits]

• Halving impact is reducing
• Magnitude of waves will reduce*
• Frequency of waves will increase
• *Possible one more really big UP wave (and possibly the mother of all of them)

This year we will see 90% of the bitcoin supply mined already. Between now and 99%, which is in the year 2035 there will be a few halvings, and I think the mother of all happens somewhere in the middle. Past that, there's not much left to make any significant effect.

By the year 2048, we have 99.9% of supply. The next 100 years to the year 2140 (or as some predict maybe even earlier, but just a few years) is a 0.1% increase to 100% of all bitcoin supply.

But we also know price does not immediately follow these milestones, it may take some time for these numbers to sink in before people, retail, and institutional investors and even countries to buy in.

I think the biggest factor to consider is when we reach that 0.1% of Bitcoin because that is when we should see stability of the price. If you think about it the volatility of Bitcoin is because it has frequent injections of Bitcoin into the circulation of the market this is done by block rewards and then you have low levels of transactions (when you compare to other mainstream currencies) and Bitcoin is still new being just over 10 years old. When we reach 2048 that is when the block rewards do not inject as much Bitcoin into circulation, the currency is now established and is not new yet and the majority of the world will be invested in Bitcoin or using it which will allow us to reduce the amount of volatility we see today. We should then see more people using Bitcoin for its intended purpose as a currency instead of a reserve currency. Most products will hopefully we able to be bought with Bitcoin and Bitcoin would be challenging or already taken over as a mainstream currency. Hopefully by then centralized banks are no longer existing.

I think the stock-to-flow ratio has little to do with achieving dollar price stability. Bitcoin is on par with gold already today.

[ChartBuddy]

Explanation

[ImThour]

BREAKING: #Binance to now require all users to complete KYC Verification amid mounting pressure from worldwide regulators.

[ChartBuddy]

Explanation

[serveria.com]

BREAKING: #Binance to now require all users to complete KYC Verification amid mounting pressure from worldwide regulators.

So what? This news is now presented as latest fud?  Whats so negative about it?

[ChartBuddy]

Explanation

[Totscha]

BREAKING: #Binance to now require all users to complete KYC Verification amid mounting pressure from worldwide regulators.

So what? This news is now presented as latest fud?  Whats so negative about it?

Exactly. Same shit, different exchange. Whenever I see someone whining about KYC I just wanna slap the bastard!

You want to trade BTC<>fiat, you will have to deal with KYC. It's that simple...

[ChartBuddy]

Explanation

[goldkingcoiner]

Binance can go fuck themselves. Im switches to dexes only.

[aysg76]

Doctor has advised me to eat something healthy that will be beneficial for my health so i decided to include this in my diet plan:

BTCeleive me it's the most healthy meal which will benefit me in the long term.Now i am going to advice my doctor the same meal and see if he understands it's importance.

Keep it up WO brothers and we will give bears a party after hitting new ATH again most probably this year.

It's up 6.05% and above $47k so enjoy.

[Tash]

..........
You want to trade BTC<>fiat, you will have to deal with KYC. It's that simple...

There are services available, but...there is always a catch.

[d_eddie]

What i really want is to all the FUD go away and if Tether is the one causing it, fuck them.

The FUD will stop when TPTB hold every last coin.

Every last one? I reckon it will take a lot of cold, dead hands.

[ChartBuddy]

Explanation

[LoyceV]

Two days ago (in Dutch): banks ban organisations based on their (political) opinion.
Yesterday (bloomberg.com): banks decide what OnlyFans can or can't show.

What's with banks wanting to decide how you can spend your money? I've read several similar stories lately, it's as if banks want their core business to be taken over by crypto!

[AlcoHoDL]

Doctor has advised me to eat something healthy that will be beneficial for my health so i decided to include this in my diet plan:




BTCeleive me it's the most healthy meal which will benefit me in the long term.Now i am going to advice my doctor the same meal and see if he understands it's importance.

Keep it up WO brothers and we will give bears a party after hitting new ATH again most probably this year.

It's up 6.05% and above $47k so enjoy.

Yeah, broccoli is very good for our health. Fuck broccoli, I like my BBQ better (having one tomorrow).

Eating all dee dips!

Where DAFUQ is proudhon?

[ChartBuddy]

Explanation

[aysg76]

Where DAFUQ is proudhon?

Maybe cooking some of his scientific ideas in his mind that how can he defend his bearish approach which is not at all going to work anymore or never have been worked in the past.Living in his castle of fake ideology is just like building concrete wall against your secured future.So don't care about him at all and eat the dips

[bitcoinPsycho]

Introducing: The Coinbase Account Guarantee
ETH2 staking
We’re introducing a new pilot for UK customers: The Coinbase Account Guarantee. Should someone gain unauthorised access to your Coinbase account and misappropriate funds, you may now be eligible for a reimbursement. Please note the eligibility criteria at the bottom of this email.
As the only cryptocurrency exchange offering UK customers reimbursements of up to £150,000, we're proud to protect your funds.
Here's what's covered:


Unauthorised withdrawal of funds
Example: You are caught by a phishing attack, and scammers access your account without authorization, to withdraw your funds.

Here's what's not covered:


Incorrect transactions
Example: You sent crypto using the wrong email address or public key and can't recover your funds. Unfortunately, blockchain transactions are non-reversible. Please see terms below - this isn’t covered as there is no unauthorised access to your account.


Buying, selling or sending crypto
The guarantee only covers unauthorized activity. If you buy, sell, convert, or send crypto using your account and then you regret it, we can’t reverse your transaction or cover losses. Example: You are convinced by a fraudster to send funds to them.


Loss of profits
To be eligible for reimbursement, funds have to have left your account. Example: Hackers access your account and convert your BTC into ETH, which subsequently drops in value. This isn’t covered as the funds haven’t been removed from your Coinbase account.

CB Payments, Ltd. is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (register number 900635) for the issuing of electronic money