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

[Arriemoller]

https://twitter.com/MarkoSuprun/status/1575146149761241090

[mRTHroo]

Hardware

This term refers to the physical components of the computers, such as CPUs. These components have been constantly developed since the creation of computers in the 19th century. However, with the advent of cryptos, the speed at which developments occurred was significantly bolstered, edging humanity closer to quantum computing. This boost was largely noted in components deemed critical for crypto mining. Since crypto mining is a tedious and complex process, miners and tech developers alike rushed to churn out better computer components. To drive up performance, manufacturers aimed to create more sophisticated computer parts to meet the needs of the mining processes. These components have become widely available on the market, improving tech adoption.

• GPUs

GPUs are one of the most critical components of any mining rig. These processing units are the muscle required for the complex cryptographic process in crypto mining. These components deliver high-end performance, and as a result, the focus on improving them has grown in the last few years. In recent years companies such as Nvidia and AMD have rolled out various models improving performance and efficiency at every turn. Manufacturers have developed more powerful cores and processors to newer optimized versions of hardware. As a result, new developments such as the CUDA (Compute Unified Device Architecture) became mainstream in chip-related industries. The popularity of these GPUs resulted in attempts to test their utility in sectors such as artificial intelligence and machine learning. This move saw the components transition from gaming parts to essentials in shaping the world’s future.

This is part of mining.

There is a specific place for this post. Move your post

Here


And this is in place of BTC Observer. So BTC discussion is better.

[ChartBuddy]

Explanation

[bittraffic]

In a dilemma whether to buy or just hold the stablecoin.
Any forecast for the price to go back to $17k and down to $14K?  I've speculation saying this is possible.

Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals

The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The stock and commodity trading platforms in Moscow and St. Petersburg are working to develop this market, the high-ranking official added.

https://news.bitcoin.com/russian-exchanges-ready-to-launch-international-crypto-payments-lawmaker-reveals/

Traders are also waiting for the green candles. Stock and commodity trading platforms of Russia adopting crypto, should also signal its time for all other countries to do the same. I heard Putin was also planning to use BTC for international payments for gas. It will bring more macro investors in countries to have access to crypto.

[mRTHroo]

In a dilemma whether to buy or just hold the stablecoin.
Any forecast for the price to go back to $17k and down to $14K?  I've speculation saying this is possible.

Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals

The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The stock and commodity trading platforms in Moscow and St. Petersburg are working to develop this market, the high-ranking official added.

https://news.bitcoin.com/russian-exchanges-ready-to-launch-international-crypto-payments-lawmaker-reveals/

Traders are also waiting for the green candles. Stock and commodity trading platforms of Russia adopting crypto, should also signal its time for all other countries to do the same. I heard Putin was also planning to use BTC for international payments for gas. It will bring more macro investors in countries to have access to crypto.

in order to get around financial limitations imposed by the West as a result of its military invasion of Ukraine, Russia turned to cryptocurrency. They are now seen by the Russian government as an instrument that can guarantee continuous cross-border payments. And that's why Russian exchanges are ready to launch international crypto payments

Also known is a common stance on the federal law required to control the issuance and circulation of digital currency, including their mining and use in international settlements. The Central Bank of Russia is to developed this position.

[ChartBuddy]

Explanation

[OutOfMemory]

In a dilemma whether to buy or just hold the stablecoin.
Any forecast for the price to go back to $17k and down to $14K?  I've speculation saying this is possible.

The only legitimate forecast is 1 BTC = 1 BTC.
Foe example, when i bought in situations like these, i made "profit" (because fiat) later. Even if it took almost a whole cycle.
If you are planning long term, just don't fire all your powder at one target (which may never appear).
An easy way is to buy by probability. If (for you) the probability that the price will go down is 30%, buy with 70% of your investment money now, save 30% for futher down.
You can also target ranges, according to the numbers various reputable analysts call every couple of days/weeks. Follow their timelines and trust the most in judgement by analysts whose targets/ranges were on spot most of the time. Or DCA with a part of your money, just to be sure to not waste too much on waiting for downish action.

Hint: If you trust in Bitcoin, you will buy at any price. (Look at DCA strategies)

[ChartBuddy]

Explanation

[Cryptolove20015]

Green days ahead for Bitcoin! 



(Bitcoin Archive)

[Lucius]

Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals

The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The stock and commodity trading platforms in Moscow and St. Petersburg are working to develop this market, the high-ranking official added.

The key word here is "crypto", which actually means that the Russians will use a cryptocurrency that they will be able to control in some way, and Bitcoin will be the least interesting to them in this regard. Anyone who is excited about any relationship between the Russian authorities and Bitcoin should know that it won't do any good for all of us, nor for any average Russian who can't even access this forum without using VPN/TOR.

[ChartBuddy]

Explanation

[El duderino_]

RIP gangstas paradise

[eXPHorizon]

https://youtube.com/shorts/TFauAjkcfAM?feature=share

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[xhomerx10]

I don't have to read all that to know you missed the point, which was this person is posting outdated information in their attempts to farm merit. They don't bother checking the accuracy of it, they just post it b/c what do they have to lose. They don't care about bitcoin or contributing anything intelligent or even humorous, they exist here solely to collect your pittance.

But rather than chastising you for enabling them and perpetuating a culture of shitposting-for-cash, I can simply put them on ignore, a right which I'm going to now exercise.

[ChartBuddy]

Explanation

[Cryptolove20015]

Bitcoin is the next evolution of money.


(Bitcoin Magazine)

[cygan]

[Ami0]