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

[shahzadafzal]

New 5 000BTC bought today by UST company https://blockchair.com/bitcoin/address/bc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q

My 0.0011 vs 5000

I’m so jealous we are buying shills in bits and pieces and these ****** buying in bulk. Soon these banks and so called treasury funds will start buying too and we will left with nothing to buy or buy at much much higher rates.

Didn't JJG recently write that everbody here should be set and fasten the seat belt?
Remember, it's not as much a matter as WHEN than IF.
I came "late" to the party, i'm not a big fish, BTC wise. For some of us it's not about fuck-you-rich, but more about better-than-still-being-a-nocoiner. Trade wisely. Only take what you need, accumulate, HODL. OTC enables us to still buy at "low" prices. Imagine all these institutional purchases would be spot buys. Noone of us here would want to even think about buying.

Don't forget that many institutions are chasing profits, so some of their coins will end up in our wallets, while they lend some BTC for filthy cash.

My comment is not complete, but you get the idea?

I got it thank you for bringing some light to it l, so we have to be more vigilant then ever.

Just a hypothetical scenarios with an equal opportunity world, what if a peaceful world is united under one system of bitcoin and somehow manages to put an upper limit ler person how many maximum bitcoins one person can own. Let it be 100 BTC or 1000 BTC or may 10,000 BTC but not hundreds of thousands. Dear God are you listening?

[savetherainforest]

A time capsule with a 1TB HDD, but if the wallet reaches 700GB I will probably have to pull it out of the ground and meditate if the Universe wants me to sell or put it in a crypto with a wallet that is like 3 < > 30 GB max for now or then.   

You can always pull the key(s) (you do have backups anyway, right) and import them into a non-node wallet (you're not actually running one at the moment anyway). Or just turn them into paper wallets.

Yep... I know I can claim the key to another 2 Terabyte HDD.. But the 'turn the key into a QR code' for the paper wallet, that could work too, but I'l need to research how to do that.     

[Paashaas]

Bitpay announces support for Lightning payments.

Bitcoin payments service BitPay has announced immediate support for the Lightning Network through its payment processing platform, allowing merchants that leverage this platform to receive payments from Lightning wallets and enabling more cost-effective, cheaper bitcoin transactions through the Layer 2 protocol.

“BitPay merchants can now receive payments from Lighting-enabled wallets like Cash App and Strike,” per a press release shared with Bitcoin Magazine. “Consumers now have a low-cost alternative when paying with bitcoin at a BitPay-enabled merchant.”

[NoorulHuda]

[ChartBuddy]

Explanation

[fillippone]

Another view

Wonderful picture, I used it for my thread, crediting you.

You can even ride the bull in Miami and wind a full  btc:

[NoorulHuda]

The market cap of Bitcoin will cross Silver, Gold and eventually Real Estate.



https://mobile.twitter.com/therationalroot/status/1511720532387020803

[ChartBuddy]

Explanation

[Hueristic]

https://twitter.com/aliceysu/status/1511558828802068481

Is this a dystopian nightmare scene from the new Blade Runner movie?

Oh no, wait... it's from Shanghai.  

Apparently the Chinese need to stock up on pickle jars.

[Toxic2040]

the noon wall report

dyor


bull flag broken down this morning
might be a bullish channel forming but it keeps sagging and has a violation already...so...will just keep looking for triangles
at this point I am pretty convinced we will see a stab down towards $40k and probably a extended period underneath it
50 bp raise coming for legacy markets and it crumbles like wet tissue paper
another nothingburger at the conference...seems more shitcoin and nft's than bitcoin...again
6th week of the war in Ukraine
not a lot of great news out there really

4h


4h


daily has a nasty pattern of dropping again after big candles   watch for fake outs
hopefully this is just $42k consolidation and not a path to lower lows
D

stronghands

[ChartBuddy]

Explanation

[Cosmic Beyonders]

BTC a big thread to the Payment processors

Lightning Labs is going to create a new protocol on the BTC layer to develop a Stable currency flow throughout the world for faster and cheaper transactions using the BTC Security they showed their concern about the use of BTC network for the international payments on the competition of the Payment Processors as VISA or Master and other centralized banks systems.

According to my analysis of the whole news, Lightning Labs is not going to create a new stable coin for this purpose may be they are going to use the already existing coins as USDT USDC UST etc by the pegged technique on the layer solution of BTC Network this will directly effect the Utility of the crypto.


Lets what happens next...

[NoorulHuda]

Inauguration

https://m.youtube.com/watch?v=j5XSD-G_7As&feature=youtu.be

https://mobile.twitter.com/btc_archive/status/1511724633078304768?s=21&t=lhg3sR1rzF0tNN_K-Y3V-A

[NoorulHuda]

[NoorulHuda]

[ChartBuddy]

Explanation

[psycodad]

^ Breathing in contaminated dust (radioactive particles)?

Yes but that would only happen when disturbing the site like bombing/shooting/digging/eating animals and plants there.

There have been many visitors over the years and I haven't heard of people dying of exposure.

If the foxhole shoveling rumors are true, soldiers would have dug up a lot of soil 1-2 inches below the ground, where most particles add up. They are then brought up into plants by their roots and also via shoots, and when plant parts are decomposing, the radioactive stuff gets washed into the upper ground levels again by rain.
At least concerning Caesium, according what i have learned in 1987 in school.

Here's a nice article on the whole situation around Chernobyl supporting OOM assertions:

Thirty-six years ago, a combination of defective Soviet technology, poor planning, and an all-encompassing need to please the communist bureaucracy unleashed hundreds of tons of radioactive poison.
..

TL;DR: The soldiers who have been there for some time (more than some hours) will all glow in the dark, but only until they get their proper lead coffin.
But then again, there is this Artur Korneyev pal who in his pretty dark sense of humor said that "russian radiation is the best" after shooting a selfie in front of the Chernobyl elephant foot:



^ The interested observer will notice the sophisticated safety measures being applied: a hard hat (better safe than sorry when dealing with this nucular stuff, though typical russian he even omits the mandatory safety goggles). And that nutjob did that more than once and he is apparently still alive. Every other life form should be dead after several few minutes.
From: The Famous Photo of Chernobyl’s Most Dangerous Radioactive Material Was a Selfie


Fun fact: Things apparently don't rot under enough radiation:

..
“The gist of our results was that the radiation inhibited microbial decomposition of the leaf litter on the top layer of the soil,” Mousseau says. This means that nutrients aren’t being efficiently returned to the soil, he adds, which could be one of the causes behind the slower rates of tree growth surrounding Chernobyl.  
..

Credits to the DIY Geiger sites links section, I got all from there.
Awesome DIY kits, if one is wanting to tinker with radiation and dose measurement.

[xhomerx10]

 I like bitcoin but I think some people might be getting a little carried away.  I'm starting to feel that cultist vibe again.

[cAPSLOCK]

BTC a big thread to the Payment processors

Lightning Labs is going to create a new protocol on the BTC layer to develop a Stable currency flow throughout the world for faster and cheaper transactions using the BTC Security they showed their concern about the use of BTC network for the international payments on the competition of the Payment Processors as VISA or Master and other centralized banks systems.

According to my analysis of the whole news, Lightning Labs is not going to create a new stable coin for this purpose may be they are going to use the already existing coins as USDT USDC UST etc by the pegged technique on the layer solution of BTC Network this will directly effect the Utility of the crypto.


Lets what happens next...

I have to admit... I am not done processing this news, and the concept gives me a little pause.

BUT. One thing I think many have not yet seen (gawd I sound like CSW) is the fact that the Bitcoin blockchain will continue to be the most secure distributed shared database on the earth.  And that quality gives it the unique ability to underpin these sorts of products.

One thing you often hear from the mouths of alt-coiners is that Bitcoin will not be able to pay the miners after a few more halving to remain as secure as it should.  But the tradeoffs being made imply the possibility that transactions on the base layer could become quite expensive over time.  Either that or we allow more of them, or a combination.

But what we have here is a transactional currency that is rooted in the security of the base chain.

I really wish Finney had lived to see this.  I would love to hear his thoughts on the matter.  I feel like it could be a sort of extension to what he described with his "bitcoin banks" ideas.

Is it dangerous?  Does it somehow subvert Bitcoin and give control back to the elites?  

I have no idea.  But I do know we will hear that a lot.  Tech surprises us.  This is a VERY interesting evolution in the history of Bitcoin.  i do think this is going to get the attention of a lot of very powerful people.  And the fun part is... if the Fed does not allow the dollar to be traded this way, then something else will happen instead.  They either embrace this.  Or they get steamrolled.

[cAPSLOCK]

 I like bitcoin but I think some people might be getting a little carried away.  I'm starting to feel that cultist vibe again.

Oh, I can't effing STAND these damn conferences.  Such an absolute circle jerk.  I am SURE good things come of them, and they are probably fun for folks that like this kind of thing...

But like everything else, Bitcoin does not care.