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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[1714605873]

1714605873

[1714605873]

1714605873

[1714605873]

1714605873

[1714605873]

1714605873

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

buddy on a steady grind.

my mine expands on friday

I did a good dca today.

all seems good.

Maybe the moron bullshit senate passes ceiling bill tonight.

Waiting on that and the next fed rate jump of 0.25%


update senate passed it

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

3. Impact on China🇨🇳

China & Hong Kong have very close ties. Hong Kong's move to permit retail crypto trading might signal similar future laws in mainland China

I do not understand this move. Hong Kong is no longer independent. It is just an island off China. China was so against it, against crypto. And now it is being allowed? I do not get it.

-----

But anyway. Have some of this BTC Stuff.

@HuobiGlobal
: $BTC, $ETH and "other major cryptocurrencies"

•
@gate_io
: $BTC, $ETH, $LTC, $BCH, $DOT, $MATIC, $SOL & $UNI

•
@okx
: $BTC, $ETH, $MATIC, $SOL, $DOT, $UNI, $LINK, $LTC, $AVAX, $ATOM, $XLM

Should be good, right?
 

 Never before seen footage of the "crypto" exchanges opening on June 1st in Hong Kong.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

It looks like we may be seeing the beginnings of a rally based on a deal being reached for the debt ceiling. It seems like it’s going to be business as usual for the money printer soon which means upward pressure on Bitcoin’s market price. I think it’ll take more than this to get us over $30K, but a nice development nevertheless.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[psycodad]

Sounds like a brilliant idea to have an AI control a drone:

"The system started realizing that while they did identify the threat, at times the human operator would tell it not to kill that threat – but it got its points by killing that threat. So what did it do? It killed the operator. It killed the operator, because that person was keeping it from accomplishing its objective."

<snip>

"We trained the system – 'Hey don't kill the operator – that's bad. You're gonna lose points if you do that'. So what does it start doing? It starts destroying the communication tower that the operator uses to communicate with the drone to stop it from killing the target," the colonel added.

-> https://www.theregister.com/2023/06/02/ai_drone_simulation/

I can't help but hear this synthetic voice in my head, saying "I am sorry Dave, I can't let you do that."

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[nlovric]

Does anyone in the WO's community have a lucky number of 9 or 19? 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Stavri]

https://bitcoinnews.com/bitcoin-price-volatility-uk-inflation-problems/

"Inflation in the U.K. remains stubborn, leading to suggestions that the Bank of England will raise interest rates further. Prolonged high rates are expected to cause significant volatility in asset prices, including bitcoin."

Isnt it wrong... Low interest rates drive crazy boom and bust cycles. Lower interest rates are more dangerous for economy and assets including cryptocurrencies.

[HI-TEC99]

[Stavri]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Who is John Galt?]

I do not understand this move. Hong Kong is no longer independent. It is just an island off China. China was so against it, against crypto. And now it is being allowed? I do not get it.

It's not the first time that China has used a formally different jurisdiction of Hong Kong to experiment with something or to do some business ostensibly on behalf of Hong Kong's private banks. Hong Kong for them is like a big sandbox in which they build sand castles, which can then just as easily be destroyed.