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

[Who is John Galt?]

Sberbank, the largest bank in Russia, has announced that it will offer crypto trading services to its customers starting in June.

https://www.rbc.ru/crypto/news/6481e3789a79474b4d1771bc

Only there they are not talking about crypto, but about local centralized tokens fully regulated by the state. So it’s not even crypto, and it has nothing to do with Bitcoin at all.

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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Torque]

Binance.US to halt dollar deposits after SEC crackdown



https://www.reuters.com/technology/binanceus-suspends-usd-deposits-pausing-fiat-withdrawal-channels-2023-06-09/

"The U.S. affiliate of Binance said it was halting dollar deposits and gave customers until Tuesday to withdraw their dollar funds, after the U.S. securities regulator asked a court to freeze its assets"

I’m a bit numb to all the ‘crypto’ FUD. I’m not really sure what to think. I mean if it stops noobs buying crapto then that should be a good thing, right?

Then again, it might turn noobs away from bitcoin too. Human beings are kinda dumb & lofs of people can’t disassociate bitcoin from crapto. In that case it’d be bad as how is the price going to moon without the influx of noobs to pump the price by FOMO’ing in after the halving?

It’s only the US & bitcoin will always soak up FUD & continue going up but a hostile US to bitcoin isn’t a good thing. They’re going after crapto but will they stop there or go after bitcoin too?

Too much to think about but I still think China banning bitcoin & COVID fallout robbed us of a truly parabolic 2021 run, the bull run was diluted. I don’t want it to happen again with a BS FUD campaign fucking us in the next bull run too.

Enough of my ramblings for now, tick tock next block. Have a good weekend gentlemen.

I'm thinking that the SEC is trying to close the door on bitcoin arbitrage and crapto bleed over. Possibly led by bad operators trading and PnD'ing crapto on their own exchanges, against their own users.

But I'm just a dumb ape, so what do I know...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

Interview with smirking shitcoin peddler Armstrong who's painting the 250 tokens on Coinbase as commodities.. lol


Coinbase CEO Says He’ll Challenge the SEC for ‘Clarity’ on Crypto
https://www.wsj.com/video/coinbase-ceo-says-hell-challenge-the-sec-for-clarity-on-crypto/7512A961-FF16-458D-9631-40D9B26D06E2.html

[Gachapin]

I changed my post. (Yes I try to be sensitive from time to time )

Are you going to get a sex change, too?   

We know that no such thing exists. These medical experiments look horrible.

Besides:

https://www.youtube.com/watch?v=2tmf9SuxNmg

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cmacwuz]

So these days US bans bitcoin while China and Russia unban bitcoin. Its a BRICS world in the making. Crazy how there is an Inverse Cramer ETF yet the bitcoin ETF was always tantalizingly too risky (or whatever flaky garbage was peddled to the public).

This move by the SEC is meant to precipitate legislation from an absolutely inept congress, not that I care to delve into US politics... And soon the Fed will be up for their next chicken-Wednesday. Rates will pause and maybe inflation will be "behind us". Most cannot digest the fact that a decrease in the rate of inflation is still inflation, and that is why I love the corn.


Re: Old people in bitcoin

I always thought Jimbo was an old timer on here, but maybe not quite 77 . I have been on here lurking and otherwise for a bit, and always felt relatively young. OpSec regarding a/s/l always wigged me out so never wanted to dive into much detail. I've seen others on here unintentionally dox themselves, and think its correlated with age.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

So these days US bans bitcoin while China and Russia unban bitcoin. Its a BRICS world in the making. Crazy how there is an Inverse Cramer ETF yet the bitcoin ETF was always tantalizingly too risky (or whatever flaky garbage was peddled to the public).

This move by the SEC is meant to precipitate legislation from an absolutely inept congress, not that I care to delve into US politics... And soon the Fed will be up for their next chicken-Wednesday. Rates will pause and maybe inflation will be "behind us". Most cannot digest the fact that a decrease in the rate of inflation is still inflation, and that is why I love the corn.

Re: Old people in bitcoin
I always thought Jimbo was an old timer on here, but maybe not quite 77 . I have been on here lurking and otherwise for a bit, and always felt relatively young. OpSec regarding a/s/l always wigged me out so never wanted to dive into much detail. I've seen others on here unintentionally dox themselves, and think its correlated with age.

We might not need to give any exact age, but it still can be helpful to understand a sort of age group on order to understand how someone might look at some topic in a certain kind of way.. so we might sometimes get age and sometimes some kind of a geographical or cultural reference and perhaps sometimes it might be helpful to understand some work experiences that someone might have or even lifestyle experiences that can frame how they might think about topics.. and sure those personal details are not always needed because we might say something like: I know this guy who drives a truck, he is in his early 50s, he has been saving for more than 20 years and he has a house, a few investments and a 401k.  He has saved up enough to cover around 4-6 years of living if he had to directly live upon it and he would like to retire around 60 years old.  I wonder what his approach to bitcoin might be?    

Wouldn't the 50s-ish truck driver's circumstances be different from a guy in his early 20s who decided not to go to college, but is working in computer programing, and barely has any savings.... but has some programing skills and feels that he has decent job prospects already because of the skills that he has so far developed.. but sure still has a variety of uncertainties regarding how much he might consider putting into bitcoin from his cashflow versus someone who has a possibly shorter timeline and maybe some insecurities regarding the size of the investments that he had already been making all of his life..

not that any of us need to know each and every one of these kinds of factors to discuss some of the bitcoin related topics on the interwebs (and in this thread) that each of us might want to be considering in regards to how we might want to approach bitcoin, if we happen to just starting to learn about bitcoin and we are considering creating bitcoin accumulation goals that are tailored to our circumstances and attempting to figure out ways to accumulate, how much to allocate (if any) and strategies to reach the BTC accumulation goals such as DCA, lump sum and buying on dips and thereafter planing to maintain holding or to consider conditions for cashing out along the way. .whether cashing out might be triggered by time, price levels or maybe a combination of factors..  

[Hueristic]

So these days US bans bitcoin while China and Russia unban bitcoin. Its a BRICS world in the making. Crazy how there is an Inverse Cramer ETF yet the bitcoin ETF was always tantalizingly too risky (or whatever flaky garbage was peddled to the public).

This move by the SEC is meant to precipitate legislation from an absolutely inept congress, not that I care to delve into US politics... And soon the Fed will be up for their next chicken-Wednesday. Rates will pause and maybe inflation will be "behind us". Most cannot digest the fact that a decrease in the rate of inflation is still inflation, and that is why I love the corn.

Re: Old people in bitcoin
I always thought Jimbo was an old timer on here, but maybe not quite 77 . I have been on here lurking and otherwise for a bit, and always felt relatively young. OpSec regarding a/s/l always wigged me out so never wanted to dive into much detail. I've seen others on here unintentionally dox themselves, and think its correlated with age.

We might not need to give any exact age, but it still can be helpful to understand a sort of age group ...

I'll give you a hint of my age as you like to collect data on us, I'm one of the first 4 IBM and Apple factory certified peops in my state.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

So these days US bans bitcoin while China and Russia unban bitcoin. Its a BRICS world in the making. Crazy how there is an Inverse Cramer ETF yet the bitcoin ETF was always tantalizingly too risky (or whatever flaky garbage was peddled to the public).

This move by the SEC is meant to precipitate legislation from an absolutely inept congress, not that I care to delve into US politics... And soon the Fed will be up for their next chicken-Wednesday. Rates will pause and maybe inflation will be "behind us". Most cannot digest the fact that a decrease in the rate of inflation is still inflation, and that is why I love the corn.

Re: Old people in bitcoin
I always thought Jimbo was an old timer on here, but maybe not quite 77 . I have been on here lurking and otherwise for a bit, and always felt relatively young. OpSec regarding a/s/l always wigged me out so never wanted to dive into much detail. I've seen others on here unintentionally dox themselves, and think its correlated with age.

We might not need to give any exact age, but it still can be helpful to understand a sort of age group ...

I'll give you a hint of my age as you like to collect data on us, I'm one of the first 4 IBM and Apple factory certified peops in my state.

I already have some ideas about your specific age range and some of you bad jokes/stories from the past.   

Why am I thinking that you had a motorcycle accident and you had been recovering.. and if so, then  How's your recovery coming along.. from your old-foggie riding a motorcycle too much (beyond your expiration date)... I must truly be misremembering you and some other member.. but maybe not.. ?  I cannot remember.

It's not like I focus on trying to remember these kinds of member details. 

So I am just saying that a member might say some thing that then reminds me of some other previous post that s/he made, and we all seem to have patterns in our posts and so sometimes we repeat stories or lame jokes or sometimes we will tell stories in such a way that tell more about ourselves through the way that we tell the story/joke rather than the subject matter of the story/joke.. ..

Like maybe a member like you might posts something like this:

"That reminds me of a cool spring morning that I walked into a store to pick up a few items, and then when I went to the check out, there was a guy who looked just like that picture that had just been posting and so I was purchasing my beer, eggs and salad dressing the teller saw what I was getting and he made a joke about farts, and I told him that if he did not wipe that 6-year old shit eating grin off of his face, I would shove the eggs up his ass.. and then pour the beer and salad dressing over his shit/farts."

hahahahaha.. that's the kind of stories that Hueristic.. likes to tell. .and sorry that I mix your subject matter preferences up with sirazimuth since he's the one who seems to get so much bonus pleasures out of the inclusion of farts within any story / joke.

[cmacwuz]

So these days US bans bitcoin while China and Russia unban bitcoin. Its a BRICS world in the making. Crazy how there is an Inverse Cramer ETF yet the bitcoin ETF was always tantalizingly too risky (or whatever flaky garbage was peddled to the public).

This move by the SEC is meant to precipitate legislation from an absolutely inept congress, not that I care to delve into US politics... And soon the Fed will be up for their next chicken-Wednesday. Rates will pause and maybe inflation will be "behind us". Most cannot digest the fact that a decrease in the rate of inflation is still inflation, and that is why I love the corn.

Re: Old people in bitcoin
I always thought Jimbo was an old timer on here, but maybe not quite 77 . I have been on here lurking and otherwise for a bit, and always felt relatively young. OpSec regarding a/s/l always wigged me out so never wanted to dive into much detail. I've seen others on here unintentionally dox themselves, and think its correlated with age.

We might not need to give any exact age, but it still can be helpful to understand a sort of age group ...

I'll give you a hint of my age as you like to collect data on us, I'm one of the first 4 IBM and Apple factory certified peops in my state.

That is a fun clue, rules out South Dakota. Like many here I also work in computers, and note like "I work in tech" sales/HR folk.

Since I am in my prime working age, it does change bitcoin's role in my portfolio. Hoping to be gainfully employed in a growing sector for a decade or so, then fuck off to some farm or lake like the greybeards around here. Specifically interested in homestead automation and DIY GMO grow ops

[xhomerx10]

...

It's strange, from my perspective, but if you are making hundreds of millions, if not billions every year, then what to spend (waste) it all on?

...

These.

 Here is some clandestine footage of a pair being at the Balenciaga fabrication track.  I understand they come sterilised and ready-to-wear.

[philipma1957]

So these days US bans bitcoin while China and Russia unban bitcoin. Its a BRICS world in the making. Crazy how there is an Inverse Cramer ETF yet the bitcoin ETF was always tantalizingly too risky (or whatever flaky garbage was peddled to the public).

This move by the SEC is meant to precipitate legislation from an absolutely inept congress, not that I care to delve into US politics... And soon the Fed will be up for their next chicken-Wednesday. Rates will pause and maybe inflation will be "behind us". Most cannot digest the fact that a decrease in the rate of inflation is still inflation, and that is why I love the corn.


Re: Old people in bitcoin

I always thought Jimbo was an old timer on here, but maybe not quite 77 . I have been on here lurking and otherwise for a bit, and always felt relatively young. OpSec regarding a/s/l always wigged me out so never wanted to dive into much detail. I've seen others on here unintentionally dox themselves, and think its correlated with age.

fuck when btc was 10 bucks and I was helping to promote it many people found out my name and address.

As I Made no effort to hide it.

Oh well honesty and transparency is not always best.

I purchased and sold a few hundred items so a ton of people know where I live.

Does not matter much as getting rich was never my agenda.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[HI-TEC99]

Brutal

I tell ya its tough out there. Being in crypto gets you no respect.

Went to the barber today, said what kind of haircut can I get for 100 DOGE

He said 100 DOGE gets you a shampoo of my balls

Then he doused me with barbicide and set me on fire

No respect at all

Didn't you see the no dogs sign outside the door?