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

[WatChe]

Bitcoin holders realize they have Bitcoin


Image source

I don't know what's in this bill exactly but I've seen what other governments are doing, it's not about fighting inflation it's about mitigating its effect on some people ("ideally", the poorest). Without certainty about the results since of course it can add to the inflation, and since the reasons for inflation are various and not affected by any bill passed anywhere (like the China COVID policy).

Whether you think doing that is a good idea or not, calling it "inflation reduction" is ridiculous...

Its a 430 billion USD climate, health care and tax bill that aims to bring down inflation. According to Shai Akabas, there are 3 ways this bill will control rising prices:

1. "First, it plans to reduce the federal deficit, which is the difference between how much the U.S. government spends and how much it makes in taxes and revenue. When there's less money floating in the economy, there tends to be less demand and fewer price hikes." Source

2. The bill will help in growth of renewable energy. The idea is to have more energy supply then demand, that will bring down prices of energy over period of time.

3. Prices of drugs will be controlled by allowing Medicare to negotiate their cost with pharmaceutical companies.

Rest one can figure it himself whether this bill can bring prices down or it will be like giving more business to companies.

[ChartBuddy]

Explanation

[Republikcoin.com]

#Bitcoin and crypto adoption:

Country                Users
————————————
🇺🇸 USA            46 million
🇮🇳 India            27 million
🇵🇰 Pakistan     26 million
🇳🇬 Nigeria        22 million
🇻🇳 Vietnam      20 million
🇨🇳 China          20 million
🇧🇷 Brazil           16 million

Source: https://twitter.com/DocumentingBTC/status/1558442766987939841?t=ADSVFA5B1fE1JLCxp7xKyg&s=19

Alhamdulliah, Pakistan on Top 3rd of Active users involved in the BTC.
Deae WO Pakistani members Happy Independence day.

That's amazing and I think Pakistan can also get a big second rank for active users engaged in BTC if it can beat India with a number of users who are also not so many from Pakistan, even though India is still much more populated than Pakistan. But I'm sure that not all Indians today know about using BTC at this point.

[ChartBuddy]

Explanation

[Gachapin]

nice one!
.... in case someone missed this one:

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Toxic2040]

#haikuSunday

Where are we at now?
A bull...a bear, what market?
Quiet content DCA'ing

The bests lies ahead.
Stacking sats for tomorrow.
The right place for me.

For this I am sure.
It stands the test of our times.
Stronghands, together.

[ChartBuddy]

Explanation

[mRTHroo]

BITCOIN hit its 1D MA100 for the firsts time since April!

Source

[cygan]

love it 

[xzy887]

#haikuSunday

Where are we at now?
A bull...a bear, what market?
Quiet content DCA'ing

The bests lies ahead.
Stacking sats for tomorrow.
The right place for me.

For this I am sure.
It stands the test of our times.
Stronghands, together.

Be late for better times. In fact, no one ever imagined that Bitcoin would be like this. However, we will see Bitcoin in stronger form again. And for this Bitcoin, many traders are in a bad situation. In fact, sometimes in life, if you are not in a bad situation, you cannot understand the meaning of being good. Today you are in a bad situation, tomorrow you can be the owner of many dollars! This is crypto currency, everything is possible here.
So always believe in yourself. I'm not here to tell you about Bitcoin, I'm here to harden your mind. I don't know if it's true I heard that many people committed suicide due to luna token going to down. But they don't care, if he had lived, he would have made more dollars than he lost! People can do whatever they want.
So no one will be disappointed by the poor condition of this market. Whatever your situation may be you can eat at home, but think of those who are not able to eat day after day. Only then will you know how happy you are.

[Ami0]

It really be like that 😅



https://twitter.com/BitcoinMagazine/status/1558573083010678784?t=4AZWZtrNbRtPC3sYn81Cdg&s=19

[cAPSLOCK]

You guys ready for the big race of bitcoin ownership?

Who will win?  El Salvador? Plebs? Blackrock? Russia? The Netherlands? Central African Republic? Ukraine?

They have waked up. 

But they are not talking.

Why would you?  At the poker table when you have the nuts...

Hueristic... help me here.

The smartest ones have realized they cant make paper out of it.  That is deadly.  The game has changed.

The dumb ones will still try ... and go broke to the smart ones.

Are you ready?

I don't think so.   Me either really...

I want to add one thing to this hyperbullish thing I posted.

I do NOT think blackrock is going to just buy and hold bitcoin, and obviously I do not trust them, as they seem to be a part of the weird corpo-communist world takeover that is invisible to most.

But I also think they can't win.

They CAN make things shitty in the meantime, though...

[ChartBuddy]

Explanation

[Toxic2040]

Be late for better times. In fact, no one ever imagined that Bitcoin would be like this. However, we will see Bitcoin in stronger form again. And for this Bitcoin, many traders are in a bad situation. In fact, sometimes in life, if you are not in a bad situation, you cannot understand the meaning of being good. Today you are in a bad situation, tomorrow you can be the owner of many dollars! This is crypto currency, everything is possible here.
So always believe in yourself. I'm not here to tell you about Bitcoin, I'm here to harden your mind. I don't know if it's true I heard that many people committed suicide due to luna token going to down. But they don't care, if he had lived, he would have made more dollars than he lost! People can do whatever they want.
So no one will be disappointed by the poor condition of this market. Whatever your situation may be you can eat at home, but think of those who are not able to eat day after day. Only then will you know how happy you are.

[mRTHroo]

#Bitcoin doesn't have borders and neither do we.

Join us in Amsterdam for 3 days of the most brilliant minds in Bitcoin from across Europe and beyond! 🇳🇱



Source

[Toxic2040]

https://twitter.com/saylor/status/1558871016838991873

[348Judah]

#haikuSunday

Where are we at now?
A bull...a bear, what market?

I'd rather say in-between but be very assure there's a high probability of running a bull in any slightest opportunity, it was about starting from last week candlestick, if you take a look back on how it all started from last week Sunday evening down to Monday, the signals were indicating more preparedness for a shift from the $24k zone abit upwards

The bests lies ahead.
Stacking sats for tomorrow.
The right place for me.

For this I am sure.
It stands the test of our times.
Stronghands, together.

We keep buying as long as it's bitcoin and maintain holding when it's on a dip period.

[ChartBuddy]

Explanation