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

[ChartBuddy]

Explanation

[ivomm]

Today I’ve had 4 phone calls from friends that have always disregarded what I had to say on #Bitcoin
Today it’s different. They all sound scared, and want to know how to buy
One friend is sitting on a cash balance of 2 mil. He wants 1 mil in #Bitcoin by the weekend
Buckle up
https://twitter.com/BitcoinMaxiHodl/status/1637712059629735936?s=20

Janet Yellen admitted to Congress that SHE and other government officials determine which banks are systemic, and which are not.
Below are the entities that paid her over $7MM in “speaking fees” before her time at Treasury.
Banana Republic stuff.
@DoombergT
https://twitter.com/EnergyCynic/status/1637445248170311680?s=20


This never gets old

[BitcoinBunny]

Banks will soon be going from being utter cunts and treating customers like crap, closing their high street branches etc



to

"But sir, we also bank in Bitcoin, please store some of that with us, please?"

[d_eddie]

Very similar to what Arthur Hayes did last week predicting 1 million.

Link pls? I've missed it.

[ChartBuddy]

Explanation

[BitcoinBunny]

Such a load of propaganda bollocks.

The housing market is in the toilet!

Housing market shows 'cautious signs of recovery,' says Rightmove, with the average asking price still £3,000 higher than a year ago
https://www.thisismoney.co.uk/money/mortgageshome/article-11872189/Rightmove-Housing-market-shows-signs-recovery-prices-rise-3-averge-365-357.html

As if people can afford the same mortgage as a year ago with base interest rates gone from 0.5 to 4%. Utter tripe.

Even if 3% year on year is correct, in reality it is a 7% reduction due to the UK 10% inflation rate.

[Hyperjacked]

correction incoming?

Really?

How do you know?

And, how do you define correction?

Does it matter, even if it takes us back down to $24k or $25k.. that is hardly even significant, is it?

How are any of us going to play this?

Is Hyperjacked selling yet?

How about others who are playing those kinds of games?


Will it work to pick up more cornz or contribute towards having fewer cornz?

I know.. gamblers have difficulties with these matters, and I am pretty sure that you (Gachapin) are not into playing those kinds of swings.. even though tempting, right?

Are you tempted?

Any regular (or self-described) HODLer tempted to play it?  or try to play it?



By the way, some of the traders will not tell us what they did until either after they did it or after it worked out for them, and there will be crickets about the times that they did it and it did not work out so rosily well for them...

Today, in an interview with Pompliano (towards the end of the interview.. maybe in the last 15 minutes or so), I even heard Raoul Pal admit that he would have been better off if he had not been trading bitcoin.. not too common for the traders to admit those things, even though he still has been a bit self-selective in some of his representations in regards to the bullshit and the shitcoin pumpening that he had been doing in the past couple of years.

 I would not consider my trades earlier this month gambling but instead investing like stock trading with a strategy…

  “Investing allows for thoughtful research and analysis, assessment of probable risk-adjusted returns and shared wealth among many investors and the company itself. Everyone can win in the market over enough time. Only one can win with gambling. Therefore, the stock market isn’t gambling.”

 “The Difference between Gambling and Cryptocurrency
Gambling is based on chance, while cryptocurrency is based on mathematics and cryptography. With gambling, you are betting against the casino house, but with cryptocurrency you are betting against other people that have the same or similar amounts of money as you do.”

 Currently the risk reward is not in my favor so I will not be doing any trading…just holding !

 Me gots 30k$ cornz In da bifolds 😝
 
Cheers Jay 🥂

 

[BitcoinBunny]

Mark Dice exposing that disgusting neocon criminal mastermind Judenrat George Soros is off limits, even on Fox news.

(about 5 mins in)
https://www.youtube.com/watch?v=dhSmX-wtQK0&ab_channel=MarkDice

[macson]

Banks will soon be going from being utter cunts and treating customers like crap, closing their high street branches etc



to

"But sir, we also bank in Bitcoin, please store some of that with us, please?"

[johnsaributua]

https://twitter.com/RadarHits/status/1637786536686112768?t=AkO7IHxlx6-ta8lgXvUK-w&s=19

[Hyperjacked]

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).

Yes let's not get insulting.

I'm not an "old white man". I'm a geriatric honky breeder.

My skin isn't white. It's "flesh-colored" (according to crayon manufacturers), sort of a pinkish color. Johnny Winter was a "white man".


 

Just a thought Jimbo … maybe a poem 😝

Sticks n stones
May breaka dem bones
Words not much

[ChartBuddy]

Explanation

[cygan]

[ChartBuddy]

Explanation

[goldkingcoiner]

I am starting to lose hope that banks will collapse. Even if when fiat goes belly up, There will always be sheeple who need others to take responsibility for holding their money.

For some reason those people think that if they lose their money, its over. But if someone else loses all their money, they will pay them back someday, because they are "obligated".

[philipma1957]

I am starting to lose hope that banks will collapse. Even if when fiat goes belly up, There will always be sheeple who need others to take responsibility for holding their money.



"For some reason those people think that if they lose their money, it's over. But if someone else loses all their money, they will pay them back someday, because they are "obligated". "

you do realize that actually is kind of true.

Hey JJG +0.25% or +0.50%. what do you think?

[Greyhats]

Seems like a lot of fiat shitposting going on, any bitcoin discussions and/or speculation? Hoping for next ATH in next bull run as

Bearish - 245k
Middle of the road - 315k
Bullish- 645k

[ChartBuddy]

Explanation

[JimboToronto]

Good morning Bitcoinland.

Another day another AYH (barely) and still bouncing around in the $28k range.

Let's see what today brings.

Back on the generator, not because of scheduled infrastructure upgrades but because of a freak voltage dip that seems to affect our entire neighborhood. Some stuff works, some doesn't. We need the generator for the air conditioner but our internet works fine and some of our LED lights work while some are dead and others flicker. Normally when we're on the generator the internet is down because our 2-man service provider has no power. Damnedest thing I ever saw. I don't have a voltmeter to see exactly what's happening and our local electrician is out of town.

Life in the jungle. Tomorrow we head back to "civilization".

[OutOfMemory]

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.

Well, they try and and try and try to "tame Bitcoin"  
They can only achieve that by healing their own financial system, which is sick to the bone. A coup de grâce will also do, i guess.

OT:
Haven't read from you in quite a time, JB.
I was just recently thinking about yours (#nohomo) while i was recovering that hard drive with many bad blocks/sectors, for 28 hours straight using ddrescue. It was a windoze 10 system drive (seagate SATA), and after using dism and sfc to recover the missing system files it went back running smoothly.
Big luck btw, it was a productive system without any backups, didn't expect to see such a thing nowadays, really.