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

[aesma]

World's largest asset manager BlackRock: Bitcoin "is the primary subject of interest from our clients" within crypto.


Source: Bitcoin Magazine.

Probably already mentioned but nice to read about : InvestAnswers Shows How BlackRock-Coinbase Partnership Could Send Bitcoin (BTC) To $773,000

[Hueristic]

World's largest asset manager BlackRock: Bitcoin "is the primary subject of interest from our clients" within crypto.


Source: Bitcoin Magazine.

Probably already mentioned but nice to read about : InvestAnswers Shows How BlackRock-Coinbase Partnership Could Send Bitcoin (BTC) To $773,000

Haha, I'm all for hopium but that number is ridiculous.
Anyway this is how they calculated it.

“If they add 5%, which is what Dan Tapiero says, I think it’s way too aggressive. Maybe over time, maybe in the next three to five years, that could be possible. That would take the price of Bitcoin to $773,000 in the next three to five years pretty easily.”

[WatChe]

I watched 10 min interview in above link.
I think what Saylor is saying is very much right that ethereum is being modified ever since its launched unlike bitcoin. So what he trying to say is that etherum is just like some centralized token launched by company who have control over the protocol.
To be decentralized etherum must run unmodified for atleast 5 years but we are yet to see this.
Even there is no clear way forward for PoS coming up. What will be Yield for next 5 years? No one can answer that.
So Saylor is right in every of his argument.

Exactly this ethereum is an organization of developers that at advancing the protocol. Basically forking the shit out of it. They are addressing scalability and the Web-3.0 components.

Bitcoin also has an organization of developers that are working on it but less active.

At the end of the day

Bitcoin = #1 store of value
Ethereum = #1 utility token

Combined they and a few stablecoins are all that are needed IMO

it's not Bitcoin vs ethereum. It's Bitcoin AND ethereum...
They should not be seen as competitors

I would say Saylor has highlighted some very key points here,  https://twitter.com/NeilJacobs/status/1553752187838382085.
Blockchain has a trilemma between scalability, decentralization and security. Bitcoin has scalability issues and that's a feature not a limitation (@JayJuanGee said so) but it's fully decentralized and secure.
If you are moving towards scalability ( that is making blockchain able to process more transactions)then you have to compromise on security and decentralization,  that's the case with ethereum.
You are right there is no competition between bitcoin and rest of the crypto world, since there aren't any coin that fulfils the criteria of cryptocurrency. These are my few satoshis.

I watched 10 min interview in above link.
I think what Saylor is saying is very much right that ethereum is being modified ever since its launched unlike bitcoin. So what he trying to say is that etherum is just like some centralized token launched by company who have control over the protocol.
To be decentralized etherum must run unmodified for atleast 5 years but we are yet to see this.
Even there is no clear way forward for PoS coming up. What will be Yield for next 5 years? No one can answer that.
So Saylor is right in every of his argument.

Even if ethereum remain not modified for 5 years, we cannot compare it with bitcoin decentralization.

Bitcoin owner "Satoshi" does not exist, Ethereum owner "Vitalik Buterin" has to die if Ethereum needs to become decentralized like bitcoin 

There is no clear evidence of what satoshi is, some says he is dead while there are also rumours that satoshi is group of people and bla bla.
But one thing is very clear that bitcoin is the only decentralized cryptocurrency.

[heslo]

Dutch Police have arrested a Tornado Cash developer:

Netherlands Arrests Suspected Tornado Cash Developer


A gentle reminder of the importance of privacy and privacy-related best practices:


A Treatise on Bitcoin and Privacy

So much for the people in The Netherlands are free.

If your country extradites to the US, you're never free. Your freedom is at the will of the US government

[WatChe]

Exactly this ethereum is an organization of developers that at advancing the protocol. Basically forking the shit out of it. They are addressing scalability and the Web-3.0 components.

Bitcoin also has an organization of developers that are working on it but less active.

At the end of the day

Bitcoin = #1 store of value
Ethereum = #1 utility token

Combined they and a few stablecoins are all that are needed IMO

it's not Bitcoin vs ethereum. It's Bitcoin AND ethereum...
They should not be seen as competitors

When i come across this claim from Vitalik Buterin, i had a second thought about it, guys despite the ckaim bitcoin is still the king of cryptocurrency and will never cease to, it leads others follows

This is exactly what Micheal Saylor is saying here https://twitter.com/NeilJacobs/status/1553752187838382085 i.e. its not the protocol (in ethereum) that is deciding the complexity level of mining but group of developers. That's not the case in bitcoin where protocol decides the complexity of mining the block not developers.
One more reason to say why bitcoin is fully decentralized not ethereum.

[Toxic2040]

the noon wall report

historically it appears to be a good time for stacking

is it the bottom? 

right now..today...macro-economic conditions point towards a bottom being near...continued printing...legacy market rebound...the coming merge...alt spring...cyclical trends...pick one

closing above $24kish today would be a decent signal that the trend is intact and ready to continue imho

dyor

D


W

stronghands

[ChartBuddy]

Explanation

[cygan]

[Hamza2424]

Source: https://twitter.com/stacyherbert/status/1558105145673539584?t=O3ZBJhRkUYDLh5QdX6MACQ&s=19

[ChartBuddy]

Explanation

[vapourminer]

Source: https://twitter.com/stacyherbert/status/1558105145673539584?t=O3ZBJhRkUYDLh5QdX6MACQ&s=19

yup.

i can hodl while i sleep and still get its benefits. now ill admit its rough in the extreme both physically and mentally sometimes. like, i need to take a nap just typing about it..

but, im on it!

*stamina mode ON*

zzZZZZzzzzzzzzz




 

[JimboToronto]

Wikipedia has long accepted Bitcoin donations.

The problem is that they want donors to identify themselves and use an intermediary. They won't simply give a Bitcoin address where donors could anonymously send coin.

There is no freedom without anonymity. Screw them. No anonymity no donation.

[wachtwoord]

Wikipedia has long accepted Bitcoin donations.

The problem is that they want donors to identify themselves and use an intermediary. They won't simply give a Bitcoin address where donors could anonymously send coin.

There is no freedom without anonymity. Screw them. No anonymity no donation.

Who would donate to that propaganda hell hole? There's back ups from when wikipedia still wrote the truth (or at least tried to).

[sirazimuth]

Who would donate to that propaganda hell hole? There's back ups from when wikipedia still wrote the truth (or at least tried to).

https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_is_free_content#:~:text=Wikipedia%20is%20free%20content%20that,any%20purpose%20as%20you%20wish

[ChartBuddy]

Explanation

[JimboToronto]

Who would donate to that propaganda hell hole? There's back ups from when wikipedia still wrote the truth (or at least tried to).

I use Wikipedia for concrete information about things like botany, zoology, math, demographics, etc.

I avoid it for anything to do with politics or news and am skeptical about history.

Remember, Wikipedia doesn't supply content. Its content comes from a worldwide community of "editors" and as such is as vulnerable as any other social media to personal opinions and other bullshit.

[cAPSLOCK]

Who would donate to that propaganda hell hole? There's back ups from when wikipedia still wrote the truth (or at least tried to).

https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_is_free_content#:~:text=Wikipedia%20is%20free%20content%20that,any%20purpose%20as%20you%20wish

Exactly like Twitter is a digital public square where anyone can present any opinion they have without fear of being shouted down... or simply erased.  But then, as long as it is the people we disagree with being erased it is ok.

first they came for the...

[Gachapin]

World's largest asset manager BlackRock: Bitcoin "is the primary subject of interest from our clients" within crypto.


Source: Bitcoin Magazine.

Probably already mentioned but nice to read about : InvestAnswers Shows How BlackRock-Coinbase Partnership Could Send Bitcoin (BTC) To $773,000

Haha, I'm all for hopium but that number is ridiculous.
Anyway this is how they calculated it.

“If they add 5%, which is what Dan Tapiero says, I think it’s way too aggressive. Maybe over time, maybe in the next three to five years, that could be possible. That would take the price of Bitcoin to $773,000 in the next three to five years pretty easily.”

I absolutely share your feeling 773k being too strong of a hopium.  And I don't believe it.


That being said, going by rationality, it's possible to reach 700k within the next 5 years:
Even if the multiplier of 21x is incorrect, or Blackrock is not allocating 5%, there is still much much more capital waiting worldwide.  

Once humans start to get what Bitcoin is, almost everyone will want/need to have an allocation.
We just don't know when that will happen.  It well could be within the next 5 years.

Many people will probably start to allocate before they fully understand what Bitcoin is, simply because key figures who they follow do.


I think sometimes we might get too accustomed to the fact that so many people around us don't understand Bitcoin yet, and that we are still early.
That might leave us with a feeling that causes us to miscalculate the size of impact, when people finally catch on  ...or to miscalculate how quickly it can happen, once worldwide FOMO begins.  But things can escalate very quickly.

[Gachapin]

Who would donate to that propaganda hell hole? There's back ups from when wikipedia still wrote the truth (or at least tried to).

https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_is_free_content#:~:text=Wikipedia%20is%20free%20content%20that,any%20purpose%20as%20you%20wish

If you think Wiki is free from propaganda, try to go against the views of admins (+ the users hierarchically ranked above them) and learn how quickly you get shut down...
the wiki system is highly corrupted with a group of "voluntary" admins controlling the content..

[sirazimuth]

Who would donate to that propaganda hell hole? There's back ups from when wikipedia still wrote the truth (or at least tried to).

https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_is_free_content#:~:text=Wikipedia%20is%20free%20content%20that,any%20purpose%20as%20you%20wish

If you think Wiki is free from propaganda, try to go against the views of admins (+ the users hierarchically ranked above them) and learn how quickly you get shut down...
the wiki system is highly corrupted with a group of "voluntary" admins controlling the content..

Where did I say “I think Wiki is free from propaganda”?   
That was a link I posted….nothing more nothing less.