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

[LFC_Bitcoin]

@brian_armstrong
1/ Some really sketchy behavior coming out of the SEC recently.

https://twitter.com/brian_armstrong/status/1435439291715358721

[ChartBuddy]

Explanation

[vapourminer]

Well shit I just sliced my goddamn toe and blood everywhere!

I dropped a hammer on the tile and have been too busy (lets call it busy because I hate to admit to being lazy!) and was soaked after a shower and just slipped right into the sharp edge dammit.

Toes Bleed ALOT!!!

I cut my hand badly on a tile doing bathroom reno once. Definitely not fun and I was on a time crunch so it was just wrap it in a bunch of tissue paper and keep going. I got some sturdy gloves ASAP after that.

i wound up buying special cut/puncture resistant gloves when i did some tear out and remodeling. well worth the money (and they are pretty cheap anyways).

also have those protective chainsaw pants too. another well worth it purchase although ive never needed them thankfully.

guess cut resistant socks are next. somebody should step up and make a fortune. well maybe not but looks like at least one person here may buy a pair.

[psycodad]

Just watched the German "Tagesschau" on one of two of their national channels (ARD). Almost spit my fine meal across the table and thought I'd quickly recap what was told:

• The cryptocurrency (<- trigger warning) Bitcoin which is also favoured a lot by criminals has lost 30% yesterday, right in the moment when El Salvador started to use it as official payment method
• What caused Bitcoin to fall so tremendously? Answer from the stock exchange correspondent: Because the introduction was a massive failure, but also because this "experiment" calls regulators to arms who are afraid that this will be abused for criminal and illegal activity.
• El Salvador says it will attract investors and make international remittances easier but regulators say the risk this will facilitate money laundering is increasing
• The Bitcoin community applauded El Salvador frenetically first, but now (the Bitcoin fans) talk about an own goal.

For myself I take away two points:

• The MSM (even those that think they are the good guys) are useless if not rightout means of propaganda for those in power.
• Bitcoin is taken very serious (that's why they attack it hard now), this tells me we're on the right way.

I see a lot of fear in the eyes of our opponents, this is a great sign, but IMO we should expect some drastic steps from them in the time to come.

* psycodad heads back to The Lightning Network FAQ thread and continues with preparation for his own lightning node - fuck the central banksters.

[Victorycoin]

Yeah JJG is all time be proud of    

I was wondering what happened to my alt..

there you are.

 

Just keeping in mind on your writing and knowledge, There are many like me who follow you as I follow you just not writing increased some knowledge. I don't know the details but there is greatly to learn from you even though mind takes a long time to read your discussion, many people are annoyed but I think there is numerous information available from there.

[ChartBuddy]

Explanation

[philipma1957]

@brian_armstrong
1/ Some really sketchy behavior coming out of the SEC recently.

https://twitter.com/brian_armstrong/status/1435439291715358721

It is what as known as protectionism.

Problems like this are the biggest barrier to BTC.

[Arriemoller]

Think about it froggie..

BTC prices went up 85% in about 6 weeks without any correction that was greater than 12%.. so this correction of 19% (so far) should not be considered as any kind of BIG deal beyond possibly a buying opportunity - to the extent that BTC prices even stay down for very long, at all.

I hope same think The way Bitcoin has been on the rise for the last few weeks needs some correction because now some more new people will be joining Bitcoin. Bitcoin has corrected and moved closer to it's highest point, but it would be a mistake to estimate how much Bitcoin's breasts actually are.

So, I picture googled "bitcoins breasts" and now my eyes are bleeding.

[ChartBuddy]

Explanation

[El duderino_]

[Arriemoller]

I think this dip is simply millions of poor people getting 30 USD for free and immediately spending them.
We will return to normal within days I'm sure.
Bought the dip.

[LFC_Bitcoin]

@CryptooAdy
September seems to be naughty month for BTC every year..


https://twitter.com/cryptooady/status/1435578766755975172?s=21

[ChartBuddy]

Explanation

[Torque]

OT: You know we've reached all new levels of stupid in our society when a fkn dating app trades at ridiculous prices and is soon joining the S&P 500.

https://www.cnbc.com/2021/09/08/match-group-will-join-sp-500-traders-on-whats-next-for-the-stock.html

And then these same people want to cast stones at Bitcoin and call it a scam? Puuleese.  

[ChartBuddy]

Explanation

[fr4nkthetank]

@brian_armstrong
1/ Some really sketchy behavior coming out of the SEC recently.
https://twitter.com/brian_armstrong/status/1435439291715358721

It is what as known as protectionism.
Problems like this are the biggest barrier to BTC.

I did Gary's course at MIT online, blockchain and money.  Here's my takeaway.  He probably understands the game.  So Uniswap saying "we dont have control over the smart contract for swaps" probably doesnt go over well with the SEC, considering that they airdropped UNI, which is a governance token, mostly likely in majority to themselves.  So they control governance, therefore decisions, therefore the smart contract - contradicting their earlier statements.  In addition, they have 30-40 employees ?, offices?, etc, etc, lots of overhead which costs lots of pesos.  They have no actual "revenue".  Right there is a huge red flag for the SEC, to say they live off "grants" and "donations" is preposterous to say the least, considering the UNI airdrop.

Now almost ALL DEX, DEFI, services have their own shitcoin governance token and operate on the same business model - they act like a junior high school girl -> "What I say is true if people can't prove otherwise". Exchanges trade against clients while having knowledge of their positions, wash trades galore to create the semblance of market activity (NFT's, new shitcoins) and price appreciation.

Has anyone considered perhaps the reason for the dump is that someone got inside information from the SEC, leaked it to certain people who are offloading everything and shorting, knowing they are about to come down hard on what is probably 90% of the crypto ecosystem out there ?  I mean, look at ADA, they've been spamming the internet for months and months and years in a concerted marketing effort for their ICO and subsequent sales to the public.  Outside of the USA technically, so "no worries bro, not a security under US law", yet in practice thats not the case.

Saying something and repeating it doesnt make it true, some people know the game.  Gary Gensler is one of them.

To : Shitcoins
-Get fucked dickheads
From: SEC
----SOoN

edit: #buy bitcoin

[bct_ail]

Has anyone considered perhaps the reason for the dump is that someone got inside information from the SEC, leaked it to certain people who are offloading everything and shorting, knowing they are about to come down hard on what is probably 90% of the crypto ecosystem out there ?

Maybe. But then why is the whole market going down at the same time? Or do these people have the Top 1000 + x in their portfolio?

Is it possible to find out which coin crashed down at first?

[ChartBuddy]

Explanation

[Biodom]

@brian_armstrong
1/ Some really sketchy behavior coming out of the SEC recently.
https://twitter.com/brian_armstrong/status/1435439291715358721

It is what as known as protectionism.
Problems like this are the biggest barrier to BTC.

I did Gary's course at MIT online, blockchain and money.  Here's my takeaway.  He probably understands the game.  So Uniswap saying "we dont have control over the smart contract for swaps" probably doesnt go over well with the SEC, considering that they airdropped UNI, which is a governance token, mostly likely in majority to themselves.  So they control governance, therefore decisions, therefore the smart contract - contradicting their earlier statements.  In addition, they have 30-40 employees ?, offices?, etc, etc, lots of overhead which costs lots of pesos.  They have no actual "revenue".  Right there is a huge red flag for the SEC, to say they live off "grants" and "donations" is preposterous to say the least, considering the UNI airdrop.

Now almost ALL DEX, DEFI, services have their own shitcoin governance token and operate on the same business model - they act like a junior high school girl -> "What I say is true if people can't prove otherwise". Exchanges trade against clients while having knowledge of their positions, wash trades galore to create the semblance of market activity (NFT's, new shitcoins) and price appreciation.

Has anyone considered perhaps the reason for the dump is that someone got inside information from the SEC, leaked it to certain people who are offloading everything and shorting, knowing they are about to come down hard on what is probably 90% of the crypto ecosystem out there ?  I mean, look at ADA, they've been spamming the internet for months and months and years in a concerted marketing effort for their ICO and subsequent sales to the public.  Outside of the USA technically, so "no worries bro, not a security under US law", yet in practice thats not the case.

Saying something and repeating it doesnt make it true, some people know the game.  Gary Gensler is one of them.

To : Shitcoins
-Get fucked dickheads
From: SEC
----SOoN

edit: #buy bitcoin

Oh, come on! first off-"he probably understands the game". No, he does not. All he knows is a stupid Howey test and fiddling with it.
It does not occur to you that we are getting CRIMINALLY low interest rates on our deposits considering the actual official inflation rates of 5-6%.
SEC is just there so nobody gets real interest rates.
Yes, buddy, in practice there is no Howey test outside US.
Therefore, if US wants to be retarded, it can, but the rest of the world would move on.
The rest is some wild speculation about impending "doom".
I know that this board has lots of single coin people, but If they come down on 90% of crypto, bitcoin would get cut not in half, but by 70-90% and here is that.

[cygan]

slam dunk incoming...!