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

[savetherainforest]

Pink Floyd released a pro Uranian single. https://www.youtube.com/watch?v=saEpkcVi1d4&t=81s&ab_channel=PinkFloyd

I'm waiting for the Retro-Punk-Metal-Dubstep version.   

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[JimboToronto]

Maybe it is a call for boomers to mostly relinguish their grip on financial and other power.
Just retire already! A call to politicians over 75, financiers over 80.

Warren Buffett isn't a boomer. He belongs to the Silent Generation.

Hal Finney is a boomer. Nick Szabo missed being a boomer by 4 months.

[ChartBuddy]

Explanation

[NoorulHuda]

https://mobile.twitter.com/cointelegraph/status/1512415238339059720?s=21&t=vx0mKd67cqdVCs6Bn2ZKiQ

[JimboToronto]

Biggest Bitcoin ₿ holders:
After Satoshi.

1. MicroStrategy: 125,051 BTC
2. Tesla: 43,200 BTC
3. Terra LUNA: 30,727 BTC
4. Marathon Digital: 8,133 BTC
5. Square (Jack Dorsey - Ex Twitter CEO): 8,027 BTC

Where did you get that list? It doesn't come anywhere close to being accurate.

My first thought was where are The Winklevoss Twins (70k) and Tim Draper (30k)?

There are many more large holders we've never heard about.

Is Proudhon one of them?

[NoorulHuda]

[NoorulHuda]

Biggest Bitcoin ₿ holders:
After Satoshi.

1. MicroStrategy: 125,051 BTC
2. Tesla: 43,200 BTC
3. Terra LUNA: 30,727 BTC
4. Marathon Digital: 8,133 BTC
5. Square (Jack Dorsey - Ex Twitter CEO): 8,027 BTC

Where did you get that list? It doesn't come anywhere close to being accurate.

My first thought was where are The Winklevoss Twins (70k) and Tim Draper (30k)?

There are many more large holders we've never heard about.

Is Proudhon one of them?

Sir i collected it from different news. I didn't here about them let me search about them too.

[goldkingcoiner]

I also visited Wasabi Wallet's booth, actually that was my first stop.  The man (not nopara73) gave me some of their rationale re their decision not to accept "certain" UTXOs in their CoinJoin service.  It sounded plausible, in that it looks like it will be for a very limited number of cases (announced thefts of BTC and so on).  Plausible, I did not feel like grilling him.

Can you please share/post more of what the notpara man said that made it plausible? I too believe that it's a practical solution for newbies/less-serious users who merely want to hide their sex toy purchase transactions from their wives, or employers, or employees? Haha.

I expect most of them buy weed and trade derivatives until their money is gone. Still a boost to the crypto economy if you ask me.

[JimboToronto]

Where did you get that list? It doesn't come anywhere close to being accurate.

My first thought was where are The Winklevoss Twins (70k) and Tim Draper (30k)?

There are many more large holders we've never heard about.

Sir i collected it from different news. I didn't here about them let me search about them too.

The real issue is that trying to list large holders is futile. There are countless large holders who will never divulge their holdings.

[Richy_T]

They should use something else, like Bitchute or something.    

Yep. Anyone who derives their livelihood from YouTube should be mirroring to at least one other service and probably two or three.

[jojo69]

They should use something else, like Bitchute or something.    

Yep. Anyone who derives their livelihood from YouTube should be mirroring to at least one other service and probably two or three.

https://www.floatplane.com/discover

It may not fly...but at least it won't sink

[ChartBuddy]

Explanation

[NoorulHuda]

Where did you get that list? It doesn't come anywhere close to being accurate.

My first thought was where are The Winklevoss Twins (70k) and Tim Draper (30k)?

There are many more large holders we've never heard about.

Sir i collected it from different news. I didn't here about them let me search about them too.

The real issue is that trying to list large holders is futile. There are countless large holders who will never divulge their holdings.

Sir I am writing it down on my notebook.
Now I will search more and write it down.

Because I will dive in to Bitcoin then I will learn something better.
I don't know how much am I right in my confess but I need to collect more data... And I will research more.

[LFC_Bitcoin]

Seems to be some support just below $43,000, hopefully it holds & we can start an assault on $50,000. Price is quite frustrating at the moment, neither bullish nor bearish.

[WastedLTC]

Sir I am writing it down on my notebook.
Now I will search more and write it down.

Because I will dive in to Bitcoin then I will learn something better.
I don't know how much am I right in my confess but I need to collect more data... And I will research more.

This will help : https://www.buybitcoinworldwide.com/treasuries/

[Biodom]

Maybe it is a call for boomers to mostly relinguish their grip on financial and other power.
Just retire already! A call to politicians over 75, financiers over 80.

Warren Buffett isn't a boomer. He belongs to the Silent Generation.

Hal Finney is a boomer. Nick Szabo missed being a boomer by 4 months.

OK, point taken, but not even much relevant since oldest boomers are about 76 and getting older.
Peter Thiel was talking about  stifling of innovations by an "old' cohort.
It is 'old' by ideas, not only by age (most of it anyway).
'Gerontocracy' is a quite relevant term considering the average age of the last two presidents and the Senate in US.

If you think that there is no animosity in young people toward older folks, consider talking to them.
Younger people are basically deprived (most of them anyway) of a possibility of owning their home based on average salaries.
A house in Toronto cost $2 mil on average, with average salary being 67K. The down-payment for the average house would be $175K (5% up to 500K and 10% on all above), I gather.
How a person with a 67K salary can afford 175K in down-payment?
Hardly, and I am pretty sure that 50 years ago YOU were in a different position (average house cost only $32-34K in 1972 with 11K salaries).
House/salary=~30 in 2022
House/salary=~3 in 1972

This CANNOT continue in the same direction. What would cause this to reverse (apart from bitcoin rise), I don't know, but it is unsustainable and I partially understand why younger people blame us (boomers and older).

[ChartBuddy]

Explanation

[cAPSLOCK]

Jack Mallers dropped a nice bomb:



I love this guy. He even found way to diss Pocahontas.

He made Bitcoin and Lightning sound just American. I thought when he used word Global, he will talk about multiple nations and ethnic groups.
Other than that, I liked it.

I think one of the reasons you noticed this is because so far Jack has been working to help other countries and the "unbanked" in the global south.  But it is also important to tell why western economies can benefit from this.  AND the current system the whole world uses *is* kind of an American system.  For good and for bad.  The petrodollar and the 55 year old rails he is talking about.

He knows that a lot of powerful Americans will see this as a threat.  He named several of them.  And his argument is to put them in their place which is the same inclusive place he is helping the whole world come to.

Don't get too bent out of shape between America/Rest of the world.  This system is for all of us.

[ChartBuddy]

Explanation

[cAPSLOCK]

BREAKING! @YouTube has suspended our account with no warning again. This time in the middle of @TheBitcoinConf at midnight.

https://twitter.com/BitcoinMagazine/status/1512285680596131840

First they ignore you, then they laugh at you, then they fight you, then you win.

What a pathetic attempt at fighting.