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

[empowering]

Japan's second largest bank to launch institutional Bitcoin, crypto custodial services.

Sumitomo Mitsui Trust, Japan's second largest bank, is creating a new company called Japan Digital Asset Trust to offer custodial services for bitcoin and other cryptocurrencies for institutional clients, according to a report by Nikkei Asia.

The new company will hold assets like bitcoin and other cryptocurrencies for large investors and corporations because the company reportedly believes investors will feel more comfortable if the custody of those assets can be held by trusted financial institutions

Restaurant software giant Lavu enables Bitcoin and crypto payments in more than 65 countries.

Global restaurant software provider Lavu announced on May 19, that they’re now in cooperation with Verifone a global FinTech payment solution provider.

The partnership will offer smooth integration of Lavu’s restaurant software suite with the Verifone FLEX payment options, enabling the companies based in more than 65 countries to offer a unique point of sale (POS) solution with multiple modern payment methods to their customers.

Good stuff

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[ChartBuddy]

Explanation

[Gachapin]

Great we have a dinosaur in charge of our centralised bank.

If this guy would to ever leave the job perhaps they can dig up some T Rex bones and use that as a replacement.

Bank of England chief Andrew Bailey warns on cryptocurrencies after market plunge saying they have 'no intrinsic value'
https://www.dailymail.co.uk/news/article-10845107/BoE-chief-Andrew-Bailey-issues-stark-warning-cryptocurrencies.html

Funny how say all the same after the Luna blow up.  For sure they are watching the market.  And for sure they know Bitcoin is a threat to their brrrrrrrrrr

[cAPSLOCK]

Tomorrow the Wright v McCormack trial starts, and it's important that people (especially journalists) have an understanding of the background of this case, because sometimes fact is stranger than fiction.

I really really really really really hope the courts smash Wright into a little burnt out cinder.  He had his sugarpapa will call it the victory of the decade, but whatever.

[Hueristic]

Tomorrow the Wright v McCormack trial starts, and it's important that people (especially journalists) have an understanding of the background of this case, because sometimes fact is stranger than fiction.

I really really really really really hope the courts smash Wright into a little burnt out cinder.  He had his sugarpapa will call it the victory of the decade, but whatever.

That cocksucker has been protected by three letter agencies forever, I wouldn't count on too much.

[ChartBuddy]

Explanation

[Torque]

Tomorrow the Wright v McCormack trial starts, and it's important that people (especially journalists) have an understanding of the background of this case, because sometimes fact is stranger than fiction.

Funny how articles have always mentioned that Jon Matonis and Gavin Andresen maintain that they weren't tricked, however neither one of them have bothered to reach out to CSW since then and said, "Hey Craig, let me see that evidence again. Just to be doubly sure that you are indeed Satoshi." Also neither have ever have asked him directly to sign messages as proof.

Not once. They just shrug and move on. Don't really seem to care about definitive proof.

That speaks volumes.

[ChartBuddy]

Explanation

[Torque]

When the MSM trot out so called "experts" to make absurd bottom predictions like this, it means that the bottom is likely already in.

https://www.cnbc.com/2022/05/23/bitcoin-btc-could-fall-to-8000-a-70percent-drop-guggenheims-minerd.html

Example: I distinctly remember back in 2015 when Gold was around $1150/oz. The "experts" in the MSM were all saying it could drop as low as $700/oz. It never even got close to that, just another -$100 and that was it. Don't listen to these idiots.

This idiot Minerd also said, "I don’t think we’ve seen the dominant player in crypto yet." Wat? Bitcoin IS the dominate player, fool. For 13 fkn years now.

[Gachapin]

When the MSM trot out so called "experts" to make absurd bottom predictions like this, it means that the bottom is likely already in.

https://www.cnbc.com/2022/05/23/bitcoin-btc-could-fall-to-8000-a-70percent-drop-guggenheims-minerd.html

Good grief  


That guy already had his success as a contrarian indicator when he "called" the last bottom.

https://www.bloomberg.com/news/videos/2021-07-21/bitcoin-could-drop-to-15-000-guggenheim-s-minderd-says-video

[xhomerx10]

Great we have a dinosaur in charge of our centralised bank.

If this guy would to ever leave the job perhaps they can dig up some T Rex bones and use that as a replacement.

Bank of England chief Andrew Bailey warns on cryptocurrencies after market plunge saying they have 'no intrinsic value'
https://www.dailymail.co.uk/news/article-10845107/BoE-chief-Andrew-Bailey-issues-stark-warning-cryptocurrencies.html

 Well based solely on my limited experience (because I was unable to convince anyone else in several years of its value), ownership of bitcoin is intrinsic to a higher quality of life.  If you don't believe it or don't get it, I don't have the any more time to convince you, sorry.

[shahzadafzal]

Sorry to disappoint you guys but it's confirmed the planned green dildo event has been postponed for another week.

[ChartBuddy]

Explanation

[savetherainforest]

This feels like a great and really feels like a nice day to see a dump!

I see you too want 8th 9th weekly red candle

Yeah... sure... fairy tales!!          

[empowering]

Son of a bitch....

Mel Gibson, spent $30 million dollars of his own money making Passion of the Christ.....


And it took like a billion dollars worldwide at the box office.


What a G.


(he made around 400 mil)

[savetherainforest]

Son of a bitch....

Mel Gibson, spent $30 million dollars of his own money making Passion of the Christ.....


And it took like a billion dollars worldwide at the box office.


What a G.


(he made around 400 mil)

God gave him money to prepare for MadMaxWorld2022+ ..         

[jojo69]

Sorry to disappoint you guys but it's confirmed the planned green dildo event has been postponed for another week two years.

[JimboToronto]

Reserve bank of Zimbabwe ten billion dollars..


https://twitter.com/BitcoinMagazine/status/1528573622226403334

Chump change... try something bigger:

[empowering]

Son of a bitch....

Mel Gibson, spent $30 million dollars of his own money making Passion of the Christ.....


And it took like a billion dollars worldwide at the box office.


What a G.


(he made around 400 mil)

God gave him money to prepare for MadMaxWorld2022+ ..         

....with the inflation that is coming, and the deteriorating global supply chain, which is real, and is going to accelerate and get worse, and is going to drag down the economy even further.... there is certainly the climate for MadMax incoming.


Me no like what I am seeing gotta admit.


Wen, capitulation for investors?


Its coming.


On your toes.


.....if I had to guess the world is going to get even crazier over the next few years.






 

[empowering]

..............on a side note



How do you think the united sates for example, is going to deal with 2024 election result?



Do you think they will accept the results?



Could be a pain point imo, long way off for now, and anything could happen, the pendulum of sanity could have started to swing back by then.....but, then it could not.


Depending on what happens around then, and with inflation, 2024-2025 post halvening could be very interesting for hodlers.