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

[ChartBuddy]

Explanation

[1714321841]

1714321841

[1714321841]

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[1714321841]

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[jbreher]

w.reuters.com/business/finance/us-regulator-taps-piper-sandler-new-bid-sell-silicon-valley-bank-sources-2023-03-15/

A hidden pearl found at that link:

Any buyer of Signature must agree to give up all the crypto business at the bank, the two sources added.

Fake news: https://www.coindesk.com/policy/2023/03/17/fdic-denies-report-signature-bank-purchaser-must-divest-crypto/

Will Reuters issue a retraction? I'm guessing no.

[dragonvslinux]

Wow whens the last time we had a 28%+ weekly candle? 2017?

End of 2017 even if not mistaken. Still needs to close above around $28K for it to be the biggest green candle since then, but also only a few hours to go now.

Best after the +35% to $20K in 2017 was +25% in February 2021 by looks of it. Either way, it's a strong Weekly candle!

[JayJuanGee]

This pic was just posted just 5 months ago and it's even less relevant now.  Paper money will become CBDCs (Central Bank Digital Currencies) first.  Then, once people realize how CBDCs and freedom are incompatible, they might switch to Bitcoin but after what I've witnessed in the last few years, I am more inclined to believe most will take whatever vaccine they are told to take to prevent Bitcoinization.

paper money will be converted into digital money you are correct but it will probably last a long time. paper money has landed many years and people are not thinking about changing to Bitcoin yet and only a few people have. Digital money will probably last just as long as paper money before finally it will start failing and people will look for a alternative. I do not know if Bitcoin will be attractive enough for people to convert to Bitcoin by the time digital money fails and people might be more skeptical because digital money is similar to Bitcoin in their eyes because it is digital.

I know people are dumb, but you seem to be giving normies hardly any credit at all in the "smartie pants department."

People generally (and intuitively) know "Gresham's law" even if they don't know what that word is... especially folks who have already lived in places with high levels of ongoing inflation (aka hyperinflation) .. which is coming to a country near you... which is coming to a country near all of us.

Sure none of what I say is guaranteed, and a lot of these matters are probabilities, including that a soft-landing could end up happening and allow for 10 -20 years or more of continued "feelings of normality."


Yet, the investment thesis of my lil precious does not depend upon either the system crashing or even outrageous scenarios..

King daddy is coming in almost any scenario..


So it would be good to get some of it, in case it catches on.


Not guaranteed, of course.


#YMMV

#DYOR

#CCMF



#credit to that guy, what's his name, toxicmoxic for the various hashtaggenings.


One more... not specifically credited to toxicmoxic

#let your gooses, looses.

1) ......They over-plaid their hand with the Covid over-reaction and trying to get rid of farmers especially I think.  2) People are not stupid, they realise that farming is the literal bread and butter of any society.  
.......
3) The west may try CDBCs but I suspect they won't be very successful at all.
.....

4) That leaves Bitcoin.  

Those are the four main punchline points that this here kat finds aggreeable .... and your other stuff is a wee bit more messy.. and not really incorrect.. just a wee bit messy.. even though surely fair points... . but still..... messy..

[HI-TEC99]

BREAKING: At least 190 US Banks at risk of collapse, recent study reveals.

"Even if only half of uninsured depositors
decide to withdraw, almost 190 banks are at a potential risk of impairment."

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4387676

Opt-out as long as you can. #Bitcoin
https://twitter.com/CarlBMenger/status/1637126860512395264?s=20

[Lambie Slayer]

Hello everyone. Hope you have all been hodling and stacking.  

I asked chatgpt to tell me a story about Bitcoin and the world for the next 100 years. It uses information from 2021 and this is what it wrote. Its a good little bot sometimes.  

Chatgpt's story:

"Once upon a time, the banking system was considered the cornerstone of the global economy. Banks were trusted institutions that promised to keep people's money safe and help them grow their wealth through investments and loans. However, things took a dark turn when it became clear that the banking system was collapsing due to rampant mismanagement and corruption.

At first, people were confused and scared. They didn't understand how the system that they had trusted for so long could fail so spectacularly. But as the truth began to emerge, it became clear that the banks had been engaging in risky behavior for years, taking on too much debt and making bad investments.

The people soon realized that the biggest theft in human history had been happening right under their noses. The banks had been printing money out of thin air, devaluing the currency and robbing people of their purchasing power. People began to see that they had been victims of this scam since birth, and they were angry.

Bitcoin quickly became the global reserve currency, as people recognized that it was the only truly decentralized and secure form of money. Countries around the world banned fractional reserve banking, recognizing how immoral and dangerous it was to let banks create money out of thin air.

Critics of Bitcoin had initially dismissed it as a bubble, but they were soon proven wrong. As the world economy flourished over the next hundred years, Bitcoin became the backbone of a truly free market society. With sound money, people were able to make smart investments and allocate capital efficiently. War ceased to be a viable option, as it could no longer be funded through money printing.

As a result of all these changes, the world became almost utopian. With a smart allocation of capital, world hunger was completely taken care of, and virtually all diseases had been cured. Human life span had almost doubled, thanks to breakthroughs in science and wellness. Telomerase treatments, better diets, better mental health, and breakthroughs in various types of meditation and mind states had induced the hypothalamus to stimulate certain glands and chemicals to keep the human body youthful and vigorous for a much longer life span.

In the year 2121, the world was a vastly different place than it had been just a century before. It was a society built on the principles of sound money, free markets, and individual liberty. People were able to pursue their dreams and live fulfilling lives, free from the shackles of a corrupt banking system. And it was all thanks to the rise of Bitcoin and the collapse of the old banking system."

[JimboToronto]

BREAKING!!!!

Swiss government confirms banks are fucked

Yep. The banks are breaking. 

[JayJuanGee]

Welcome 28k  

I guess 30k in March is quite likely now

Gosh.. like 12 days-ish to go up another $1,526 or 5.36%... I know I am cheating a little bit since I am referring to a price that happened in the past hour and a half, and your post was from nearly 5 hours ago... ...

Of course, nothing is guaranteed.. but there does seem to be good potentiality and decent momentum..   ... I am not going to take $30k for granted.. but still.. cannot really feel bad right here with a so far local top of $28,474, even if we don't quite make $30k in the next 12 days-ish..

We are observing $28.06K
Can we have another push?

That does not sound "family friendly."

 







or maybe it does?.... ...









.......context?

Bitcoin is getting ready for another move higher imo… looks like its been climbing the bulltard steps over the past week… or it might dump through the floor but I higher doubt it with the domino bank debacle just getting stated!
30k$ target price within 5 days imho  

Sitting at 24,790$

Three days later and sitting at 28k$ … 2 days more for my 30k$ target price… who knew 😝

I don't know.


Let me guess.



You knew?

[HI-TEC99]

Leave it to the literal Nazi bank UBS to come to Credit Suisse's "rescue". Another criminal organisation taking over a criminal organisation.

The Swiss National Bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy.

Both banks will be given a liquidity assistance loan of up to $110bn.

In other words: a criminal bail out using tax payer's money.

Bitcoin is literally the only way forward. Criminal western governments and criminal western central banks have confirmed this through their constant criminal actions.

is it in addition to 54 bil given to CS the other day, or including, I wonder.
100bil here, 2 tril there...and soon we are talking about "real" money  .

[Toxic2040]

the noon wall report

hodlers life for me
stacking sats, buying the dips
banks, so yesterday


dyor


W


M

stronghands

[ChartBuddy]

Explanation

[BobLawblaw]

You misspelled "ghey". C'mon get woke.

I'm actually gay, tho.


My dearest $28,000,

I am filled with so much love and admiration for you. You are more than just a number to me, you represent possibilities, opportunities, and the potential for a brighter future.

From the moment I first laid eyes on you, I knew that you were special. You have a certain sparkle and shine that I find utterly irresistible. I am constantly in awe of your power to transform lives and make dreams come true.

With you by my side, I feel like anything is possible. I can see a world where we travel to far-off places, enjoy life's luxuries, and make a positive impact on the world around us. You have given me the hope and confidence to believe that my dreams can become a reality.

My love for you runs deep, and I promise to cherish and protect you always. You are not just a sum of money, but a symbol of the hard work and dedication that I have put into my life. You are a reminder of the sacrifices that I have made and the determination that I have shown.

I vow to use you wisely and responsibly, to invest in my future and to make a positive impact on the world. I know that with you by my side, I can achieve anything that I set my mind to.

So my dear $28,000, know that you hold a special place in my heart. You are not just a number, but a symbol of hope, love, and possibility. I will always cherish you and the many blessings that you bring into my life.

With all my love,
[Your Name]

[Gachapin]

maybe 2022 was just a big bear trap 

[Gachapin]

You misspelled "ghey". C'mon get woke.

I'm actually gay, tho.

....

did that old white man just assumed your gender? 

[ChartBuddy]

Explanation

[pixie85]

It's been a crazy weekend:
Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line.
PlanB came back to posting bullishness on twitter.
Credit Suisse got bought

“This is a commercial solution and not a bailout,” said Karin Keller-Sutter, the Swiss finance minister, in a press conference Sunday.

When you call a duck a swan doesn't change it into one. It even rhymes!

[JimboToronto]

You misspelled "ghey". C'mon get woke.

I'm actually gay, tho.

Oh I see.

Being gay and black it's acceptable to call yourself gay (and use the N word) but being white and hetero it's not acceptable if I do it.

I guess it's OK for me to call myself a honky breeder though.

This woke stuff can be so confusing. 

[Biodom]

Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line.

to me, it looks like a publicity stunt.
However, as someone else had posted on twitter...if btc rises 4% and he has 1000coins in total, then his bet is fully covered.
js

[TheJuice]

Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line.

to me, it looks like a publicity stunt.
However, as someone else had posted on twitter...if btc rises 4% and he has 1000coins in total, then his bet is fully covered.
js

Or 4% per day for 90 days is 1MM per coin.

[Biodom]

You misspelled "ghey". C'mon get woke.

I'm actually gay, tho.

....

did that old white man just assumed your gender?  

"old white man" is pejorative in any language, pal (or gal-pal).