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

[HI-TEC99]

Save your Gfycat gifs before September 1st. It's shutting down then.

https://www.theverge.com/2023/7/2/23781827/gfycat-is-shutting-down-on-september-1st

The Gfycat service is being discontinued. Please save or delete your Gfycat content by visiting https://www.gfycat.com and logging in to your account. After September 1, 2023, all Gfycat content and data will be deleted from gfycat.com

Perhaps we can use Imgur instead. 

[Gachapin]

https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

video:
https://twitter.com/Pledditor/status/1676684658086404106

[sirazimuth]

.....

This isn't funny anymore.

 

Now its even funnier.

<lots of grumpy emojis>

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[HI-TEC99]

Just buy one of these instead.

A Shitty Wheel Spins
Knocking my low-hanging bits...
I shudder to think.

#shittyhaiku

EDIT:

A Shitty Haiku
Written while on the Shitter
Divine Inspiration!

It came out Okay
After all things considered.
Butt, now I Must wipe!

#shittyhaikuelaborated

[Biodom]

Medieval people were "weird" in many aspects:

1. Two "sleeps"-"first sleep", then a long period of wakefulness, followed by a 'second sleep'.
https://www.medievalists.net/2016/01/how-did-people-sleep-in-the-middle-ages/

2. They slept often several people in one bed, including the master, master's wife and servants...I don't think it was for sex...mostly, but what do I know.
https://www.atlasobscura.com/articles/communal-sleeping-history-sharing-bed

3. Toilets in the castles...oh, my.
https://www.worldhistory.org/article/1239/toilets-in-a-medieval-castle/

4. Women removing eyebrows and eyelashes, so their faces would be totally hairless (see other 11 strange habits in the link below).
https://www.livescience.com/12-bizarre-medieval-trends.html

[HI-TEC99]

Medieval people were "weird" in many aspects:

...

3. Toilets in the castle...oh, my.
https://www.worldhistory.org/article/1239/toilets-in-a-medieval-castle/

...

I warned Torque about the castle toilets.

...
Secrets of Great British Castles (a little dark at times, but great if you like cool Castle history)
...

Don't stand below these things on castle walls. They're the toilets.

[Biodom]

Medieval people were "weird" in many aspects:

...

3. Toilets in the castle...oh, my.
https://www.worldhistory.org/article/1239/toilets-in-a-medieval-castle/

...

I warned Torque about the castle toilets.

...
Secrets of Great British Castles (a little dark at times, but great if you like cool Castle history)
...

Don't stand below these things on castle walls. They're the toilets.

Sure, thanks for the reminder..you've got the "priority" afaiac.
I am getting to where almost everything is "news", haha

[FinePoine0]

❗️@coinbase to Serve as Monitoring Ally for Fidelity and Other Bitcoin ETFs, According to Updated Applications

1. Coinbase will be Fidelity's surveillance partner for Bitcoin ETF.

2. The partnership is part of a refiled application for a Bitcoin ETF.

3. The surveillance-sharing agreement (SSA) will monitor spot Bitcoin trades.

4. The SSA is expected to function like an agreement between two ISG members.

5. This will give the Exchange supplemental access to data on Bitcoin trades.

6. The data will be sourced from trades occurring on Coinbase.
7. The Exchange will use this data if necessary for its surveillance program.

8. The surveillance is for Commodity-Based Trust Shares.

9. The process is similar to how exchanges share information as part of ISG.

10. This partnership marks a significant step in the regulation of Bitcoin ETFs.

Details

[rdluffy]

https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

Here is an excerpt from the video of Larry Fink speaking:: https://twitter.com/WatcherGuru/status/1676685754922151941
So, BTC is not anymore money laudering? Now it's an international asset  

Has everyone here bought enough?
It looks like the rocket is going to start going up very soon  

Edit: Sorry, the video was already posted, I was anxious about the video that I couldn't find the links here and thought I would be the only one to post

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

Here is an excerpt from the video of Larry Fink speaking:: https://twitter.com/WatcherGuru/status/1676685754922151941
So, BTC is not anymore money laudering? Now it's an international asset 

Has everyone here bought enough?
It looks like the rocket is going to start going up very soon 

everyone? I doubt it.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

I was wondering if the only reason why Bcash is pumping is that it is a POW coin that will probably fail the Howey test.

But I think it might also be a kind of an exit pump an anticipation of a big selloff.  Gox will not only distribute BTC but also Bcash.
And it's very likely that most people who waited for almost 10 years to get (part of) their BTC back are going to sell the free shitcoin that was merely airdropped to them in the meantime.

[FinePoine0]

The CEO of BlackRock called bitcoin "digital gold" today on national television.

Video Views: https://twitter.com/DocumentingBTC/status/1676730062333263873?t=RNKcrt32QliRVxMkpQkKnA&s=19

He mentions everything through the video which you can watch in full right here. At present everyone is supporting Bitcoin and this is how Bitcoin will spread.

[Out of mind]

Is it irrational to think that the impact of the halving on the BTC/USD exchange rate will actually INCREASE over time?

The change in #BTC issuance decreases with each halving, but the dollarized change in issuance is increasing as BTC's market cap grows.

Rather than thousands of dollars of less daily sell pressure post-halving, there's now millions of dollar of less daily sell pressure post-halving.

Based on the current BTC/USD exchange rate of ~$30,500, when new daily supply drops from 900 BTC to 450 BTC, that's a dollarized decrease of $13,725,000 in potential daily sell pressure from miner.

#Bitcoin DCA'ers are already supporting $30k with current sell pressure. Now imagine when daily sell pressure decreases by $13.7 million.
Source

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Is it irrational to think that the impact of the halving on the BTC/USD exchange rate will actually INCREASE over time?

The change in #BTC issuance decreases with each halving, but the dollarized change in issuance is increasing as BTC's market cap grows.

Rather than thousands of dollars of less daily sell pressure post-halving, there's now millions of dollar of less daily sell pressure post-halving.

Based on the current BTC/USD exchange rate of ~$30,500, when new daily supply drops from 900 BTC to 450 BTC, that's a dollarized decrease of $13,725,000 in potential daily sell pressure from miner.

#Bitcoin DCA'ers are already supporting $30k with current sell pressure. Now imagine when daily sell pressure decreases by $13.7 million.
Source

To my eye, the "brown stuff" has more consistent effect on the price  (up) vs "green stuff", which is all over the place, but maybe simply too small set of the data points for 'green' to be visible in importance.

[Gachapin]

https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

video:
https://twitter.com/Pledditor/status/1676684658086404106

https://bitcoinmagazine.com/business/blackrock-ceo-larry-fink-says-bitcoin-is-an-international-asset

BlackRock’s CEO, Larry Fink, has made an appearance on Fox Business where he stated that the role of bitcoin and crypto is “digitizing gold.”

“Instead of investing in gold as a hedge against inflation … or the devaluation of your currency … [bitcoin] can represent an asset that people can play as an alternative,” Fink stated. The description reinforces the perception of bitcoin as a store of value, akin to the role gold has traditionally played in investment portfolios. By likening bitcoin to gold, Fink acknowledges the international nature of the digital asset, highlighting its potential as a global store of wealth — and indeed, during his news appearance, Fink further emphasized that, "Bitcoin is an international asset."

The televised statement underscores the conviction Fink, and likely BlackRock, have in bitcoin and its potential role in the future. Fink's recognition of bitcoin's international appeal further bolsters the case for increased institutional interest and investment.

Here is an excerpt from the video of Larry Fink speaking:: https://twitter.com/WatcherGuru/status/1676685754922151941
...

The CEO of BlackRock called bitcoin "digital gold" today on national television.

Video Views: https://twitter.com/DocumentingBTC/status/1676730062333263873?t=RNKcrt32QliRVxMkpQkKnA&s=19
....

anyone wanna post the same Larry Fink video for the fourth time ?