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

[ChartBuddy]

Explanation

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[1714043043]

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[1714043043]

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[1714043043]

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[moneystery]

Where did you find this news mate?
I haven't even read news like that right now but news about a report in South Korea that will arrest Terraform Labs Chief Executive Officer Do Kwon and five other people whose arrests have warrants from the local prosecutors. Source: https://news.bitcoin.com/report-south-korean-prosecutors-issue-arrest-warrant-for-terraform-labs-ceo-do-kwon/

This is very good news, someone should be responsible for the LUNA case and I see that Do Kwon and his team doesn't really care about that, even though he and his team should have been jailed for causing massive losses to many investors. good job for official south korea

[OutOfMemory]

Is it just me or has Resistance remarkably weakened?
Bulltrap incoming?
Pump incoming?
Antoher round of long liquidations?

Hard to judge, in this crazy market era  

[ChartBuddy]

Explanation

[nutildah]

Is it just me or has Resistance remarkably weakened?
Bulltrap incoming?
Pump incoming?
Antoher round of long liquidations?

Hard to judge, in this crazy market era  

The hard to judge part is quite true.

My instinct tells me, barring unforeseen macro-weirdness, the bottom is well in and we will only improve from hereon out.

The reason for my optimism is as simple as Wall Street traders returning from summer vacation and Labor Day celebrations. We are absolutely tied to Wall Street at the hip. I just don't see stocks falling much farther from here... maybe sideways for a continued while, at worst.

Of course there's always the chance I'm wrong.

One thing I know for sure is that those who make these types of forecasts with certainty are bullshitters.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Gachapin]

https://mobile.twitter.com/VitalikButerin/status/1570299062800510976

Wait wait wait vitalik is saying something.

Listen.

What utter nonsense. Most of those miners will just switch their GPUs to different coins so no, there won't be a 0.2% in electricity reduction and I doubt that figure is that large to begin with anyway

so obvious what a lying POS that guy is...

...but people still follow him like sheep  ...just like Faketoshi^TM


would love to see them both as opponents in a cage fight  

ETH = POS = piece of shit

[Gachapin]

Vitalik's BetaBoys

[ChartBuddy]

Explanation

[Franctoshi]

Bitcoin / US. Dollar Index.

This indicates that Bitcoin is about to enter a massive Bull run, we are once again at the zone.




💥BREAKING: Chinese court rules #Bitcoin and crypto trading legal, but not for payments.

https://twitter.com/BTC_Archive/status/1570362589955379202?t=Ck76it8vCfH3FMRUJm3n9A&s=09

[ChartBuddy]

Explanation

[OutOfMemory]

Fun story written by life:

Today i got to dip my toes into a situation like "getting rekt".
Some of you might remember i was on vacation a few weeks ago. What i did, like every time when i leave the house for more than a day, i moved my hardware wallet out of the building and hid it, along with various obfuscated forms of passphrases and seed word lists. Those who know me from here for longer will not be surprised that i totally forgot about this, initiated a small transaction in the ledger frontend today, and as prompted to connect the thing, i went for the usual place i store my ledger in.

Me:
Also me: Fuck! I guess i have left the stick somewhere, the kids were playing with it until they dropped it somewhere and my beloved wife threw it away, in belief that it's a stupid toy radio or whatever.
Me, after a while of searching: Hey, at least i got the seed words, time to take and use them...
Me, again: Fuck!
There were no seed lists anymore.

I can't describe how exactly i felt like in this moment and in the following 25 minutes, which were probably some less, but time was like standing still. I kept looking for the thing, constantly switching mood between desperation and hope.

About half an hour later i remembered my old habit of moving important stuff out of the house, made plans to lay out the most likely places to search in, and not even 20 minutes later i found the seedwords and ledger again.

As funny as it may sound, i was quite frightened (and also sweaty) until i found the stuff again.

[Gachapin]

Fun story written by life:

Today i got to dip my toes into a situation like "getting rekt".
Some of you might remember i was on vacation a few weeks ago. What i did, like every time when i leave the house for more than a day, i moved my hardware wallet out of the building and hid it, along with various obfuscated forms of passphrases and seed word lists. Those who know me from here for longer will not be surprised that i totally forgot about this, initiated a small transaction in the ledger frontend today, and as prompted to connect the thing, i went for the usual place i store my ledger in.

Me:
Also me: Fuck! I guess i have left the stick somewhere, the kids were playing with it until they dropped it somewhere and my beloved wife threw it away, in belief that it's a stupid toy radio or whatever.
Me, after a while of searching: Hey, at least i got the seed words, time to take and use them...
Me, again: Fuck!
There were no seed lists anymore.

I can't describe how exactly i felt like in this moment and in the following 25 minutes, which were probably some less, but time was like standing still.

About half an hour later i remembered my old habit of moving important stuff out of the house, made plans to lay out the most likely places to search in, and not even 20 minutes later i found the seedwords and ledger again.

As funny as it may sound, i was quite frightened (and also sweaty) until i found the stuff again.

maybe consider using shamir backup..

[Crypt0S0ul]

https://mobile.twitter.com/VitalikButerin/status/1570299062800510976

Wait wait wait vitalik is saying something.

Listen.

What utter nonsense. Most of those miners will just switch their GPUs to different coins so no, there won't be a 0.2% in electricity reduction and I doubt that figure is that large to begin with anyway

Right. The power consumption depends on What Card you are mining on and what algorithm you are mining.
For Most of the AMD Cards, The most profitable algorithm is kawpaw at this moment which consumes 30.76% more electricity than Ethash.
So, If GPU miners move to kawpaw algorithm. It will increase power consumption.

[OutOfMemory]

maybe consider using shamir backup..

Thanks, always open for useful suggestions.
As the NANO-S is somewhat limited, i consider some upgrade in the future, but i had some doubts (not so much related to security) to buy a trezor in the past, but i am going to look into it again soon.

[rat03gopoh]

https://mobile.twitter.com/VitalikButerin/status/1570299062800510976

Wait wait wait vitalik is saying something.

Listen.

What utter nonsense. Most of those miners will just switch their GPUs to different coins so no, there won't be a 0.2% in electricity reduction and I doubt that figure is that large to begin with anyway

They'll make another sh!t separate to keep pampering the PoW supporters, the energy consumption will literally not decrease in the slightest

https://cointelegraph.com/news/ethw-core-to-push-on-with-ethereum-pow-fork-24-hours-after-merge

[ChartBuddy]

Explanation

[Crypt0S0ul]

Shopify competitor BigCommerce integrates BTC Bitcoin payments 🙌

Bitcoin Magazine

There we go BigCommerce. Make it happen and force Shopify to do the same.

[AlcoHoDL]

maybe consider using shamir backup..

Thanks, always open for useful suggestions.
As the NANO-S is somewhat limited, i consider some upgrade in the future, but i had some doubts (not so much related to security) to buy a trezor in the past, but i am going to look into it again soon.

Just remember to use strong passphrase(s), but at the same time easy enough for you (but not others) to remember/recover. With overly complicated passphrases, complex memorization schemes, etc., you're running the risk of locking yourself out of your coins, and that won't be fun.