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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368812 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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April 16, 2023, 07:01:16 AM


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Reply with quote  #2

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April 16, 2023, 08:01:16 AM


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ChartBuddy
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April 16, 2023, 09:01:20 AM


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April 16, 2023, 09:58:41 AM

Trader Who Accurately Predicted 2023 Crypto Rally Unveils Full-Bull Scenario for Bitcoin – But There’s a Big Catch.


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April 16, 2023, 10:01:18 AM


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April 16, 2023, 11:01:18 AM


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April 16, 2023, 12:01:21 PM


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bitcoinPsycho
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April 16, 2023, 12:25:24 PM

Chartbuddy dominance 58%
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April 16, 2023, 01:01:18 PM


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BobLawblaw
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April 16, 2023, 01:26:26 PM

Size not be requirement just Enjoy and see brother  Grin

Hueristic
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April 16, 2023, 01:33:16 PM
Merited by El duderino_ (12), Gachapin (1)


But what is it?

Are "we" actually supposed to read to find out?

Thanks...interesting.

Upon an initial read, here are some nuggets: they distinguish between "payment stablecoins" and "endogenously collaterized stablecoins".
obviously, USDC/USDT fits into cat 1 and cat2 is like infamous 'almost dead' Luna. Cat 1 can only have cash, 90 day Treasury bills, deposits with Fed reserve and 7 day repurchasing agreements for 90 day bills backing it (at least 1:1). Another interesting point: deposits of payment stablecoins are deemed as legally belonging to a person, NOT to the institution which holds them. Even more interestingly, if a payment stablecoin issuer goes bankrupt, stablecoin owners have first dibs on remaining assets (their rights are higher than anybody else).

On a more sombre note, stablecoins are NOT covered by FDIC and it is expressly forbidden telling customers otherwise. BTW, the issuance of new "endogenously collaterized" stablecoins is prohibited for 2 years under moratorium, but current are  grandfathered in. Did not see a part if current "payment stablecoins" (like USDC/USDT) are grandfathered in or not-the doc it too long. Maybe someone else can pinpoint this part.

Obviously, Wall Street wants to "play" with stablecoins, but, personally, I don't see much need for them now, especially when fast payment rails would be established soon. Perhaps, stablecoins is a way for banks to get back into the payments (after they were effectively cut off by the FedNow system).

Oh?

Biodom to the rescue.

 Wink

Its not much tougher to read than one of your long winded posts. Smiley

Actually I see a attack vector in there that I'm waiting for others to notice.

Maybe ask GPT with the "petertodd" token to ELI5 for those of you using that.
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April 16, 2023, 01:45:23 PM


Bitcoin: "I found this image from the conference last year for you"




Maybe a KArples "associate".


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April 16, 2023, 01:51:41 PM

#Bitcoin is a self fulfilling prophecy.




https://twitter.com/BitcoinMagazine/status/1647580889247801345?cxt=HHwWgoCzpd2Fsd0tAAAA
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April 16, 2023, 02:01:18 PM


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OgNasty
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April 16, 2023, 02:09:32 PM
Merited by JayJuanGee (1), HI-TEC99 (1), Toxic2040 (1)

Now I am starting to appreciate that this thread is "going down hill."

I think it’s a show of confidence that holders are happy we’re in the upswing of this 4-year cycle and don’t give a fuck about the price until it’s time to sell. That, or toilet humor is ageless and something we all can enjoy. I think a thread on westerners using toilets in unique ways might be necessary for entertainment purposes.

I’m just glad people aren’t debating whether it is time to sell now or hold until six figures. That would be even more ridiculous.
macson
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April 16, 2023, 02:19:53 PM

Me: "Hey, Bitcoin. Describe your market action over the last couple days."
Bitcoin: "I found this image from the conference last year for you"


is she or he 🤨
philipma1957
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April 16, 2023, 02:32:15 PM

Now I am starting to appreciate that this thread is "going down hill."

I think it’s a show of confidence that holders are happy we’re in the upswing of this 4-year cycle and don’t give a fuck about the price until it’s time to sell. That, or toilet humor is ageless and something we all can enjoy. I think a thread on westerners using toilets in unique ways might be necessary for entertainment purposes.

I’m just glad people aren’t debating whether it is time to sell now or hold until six figures. That would be even more ridiculous.

well I would sell everything at 100k.

but I would still be mining ⛏️. Then I would hodl those coins.
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April 16, 2023, 02:33:30 PM

is she or he 🤨

it
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April 16, 2023, 03:01:20 PM


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philipma1957
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April 16, 2023, 03:01:31 PM

Me: "Hey, Bitcoin. Describe your market action over the last couple days."
Bitcoin: "I found this image from the conference last year for you"


is she or he 🤨

She I think

It looks like a breast next to her wrist, look at the right wrist and the world whale shift a bit left and I think that is a breast.
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