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

[Lucius]

Does anyone believe the Mt. Gox repayment event may cause a downtrend?
Forget about 69 Billion Japanese yen and $40 million forked coin BCH.
Mt Gox will pay 142000 Bitcoins to creditors around $4.3 billion.

As far as I know, Mt.Gox will not pay everything at once, but in several tranches - and in addition, everyone got the option to choose whether they want to be paid in BTC/BCH or to their bank accounts. I believe that a part of people will prefer to accept payments to their bank accounts, which means that a good part of BTC will be sold by the bankruptcy trustee, and I hope that he has at least some business sense and will do it using OTC.

This is another biggest event before the halving.

Some just want to take advantage of the possibility that this will happen, but for me personally it is overblown and according to what I have already written, it should not have too much impact on the price of BTC. Of course, I'm not saying that people won't panic, as with any similar news - but weak hands will always be welcome to fill the bags of those who are just waiting for such opportunities.

[1714226037]

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[1714226037]

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[EmpoEX]

As far as I know, Mt.Gox will not pay everything at once, but in several tranches - and in addition, everyone got the option to choose whether they want to be paid in BTC/BCH or to their bank accounts. I believe that a part of people will prefer to accept payments to their bank accounts, which means that a good part of BTC will be sold by the bankruptcy trustee, and I hope that he has at least some business sense and will do it using OTC.

Whoever had bitcoin ten years ago and lost it in the Mt. Gox drama could be sold their bitcoin, and they might have nothing today. They have seen how BTC has grown in the last ten years. If they have some common sense, they will hold it in a non-custodial wallet this time. I don't think they want to miss future pumps/ATH by selling their Bitcoins if they are not dumb. I feel like Bitcoiners will choose Bitcoin to be paid (Considering those people are early adopters). Since they will be offered the same amount of BCH, they may take it to the bank instead.

[Ants Campaigns]

#Bitcoin    kills the competition. +82.3%

https://twitter.com/TheBTCTherapist/status/1678698567492313088?t=4Pwdejttc8wHEEPYuN2b2A&s=19

[HI-TEC99]

As far as I know, Mt.Gox will not pay everything at once, but in several tranches - and in addition, everyone got the option to choose whether they want to be paid in BTC/BCH or to their bank accounts. I believe that a part of people will prefer to accept payments to their bank accounts, which means that a good part of BTC will be sold by the bankruptcy trustee, and I hope that he has at least some business sense and will do it using OTC.

Whoever had bitcoin ten years ago and lost it in the Mt. Gox drama could be sold their bitcoin, and they might have nothing today. ...

Jimbo had bitcoins in gox and he's a millionaire today. Ask him what he plans to do with his gox payout.

[BobLawblaw]

Bitcoin News @BitcoinNewsCom·1h

JUST IN: Asset manager Vanguard Group, with over $7 trillion AUM, has purchased a 10% stake in #Bitcoin miner Riot Platforms 👀
The institutions are here 🙌

https://twitter.com/BitcoinNewsCom/status/1678738358791536640

EDIT: “But I am telling you, that motherfucking paper #bitcoin back there is not real!”

[Out of mind]

The closer we get to August 13th, the higher $BTC will probably trend for the ETF as people are hopeful for it being passed. It will be several at once if one is approved.
There likely will of course be hiccups along the way.
Then not even a year later you have the halving.
Source

[Who is John Galt?]

Last post ChartBuddy
4 days still inactive
Market miss you
WO miss you

"Don't cry for me, Argentina,
The truth is, I never left you..."

Buddy is still here,
In our hearts and dreams he is...
Bitcoin to the Moon!

I find Lord of The Rings extremely boring, just can't get into it at all

The film is made in such a way that those who haven't read the books have a poor understanding of the plot. A number of friends told me that they didn't understand anything at all.

Well, they also threw out one of the coolest characters... if they shot the story of Tom Bombadil well, I would even watch the fourth series with him. But...

[cygan]

[Out of mind]

Asset manager Vanguard Group, with over $7 trillion AUM, has purchased a 10% stake in #Bitcoin miner Riot Platforms
Source

[BobLawblaw]

Asset manager Vanguard Group, with over $7 trillion AUM, has purchased a 10% stake in #Bitcoin miner Riot Platforms
Source
https://www.talkimg.com/images/2023/07/11/ZEofH.jpeg

I hate you with every fucking fiber of my being.

[Hamza2424]

$36k is next BTCitcoin breaks this Resistance.

What do you think is it that easy?

Crypto Analysts are being hypocrites they are saying something in public statements and doing something else in private meetings, I hope you can catch it. I am watching a bearish Divergence on the weekly chart time frame. But as you know I could be wrong but still without touching again the 28.5K the forward journey is really hard to catch.

Because sometimes in a position having one step back can lead you to unimaginable heights.. In terminology, you can say to the moon.

[bitcoinPsycho]

Asset manager Vanguard Group, with over $7 trillion AUM, has purchased a 10% stake in #Bitcoin miner Riot Platforms
Source
https://www.talkimg.com/images/2023/07/11/ZEofH.jpeg

I hate you with every fucking fiber of my being.

Wanna borrow this Bob?

[jojo69]

[Ants Campaigns]

Only ~280 days until the next #Bitcoin    halving

HODL ON

https://i.postimg.cc/RZwZGfHt/20230711-213513.jpg

Bitcoin Magazine

[JayJuanGee]

Asset manager Vanguard Group, with over $7 trillion AUM, has purchased a 10% stake in #Bitcoin miner Riot Platforms
Source
https://www.talkimg.com/images/2023/07/11/ZEofH.jpeg

I hate you with every fucking fiber of my being.

Not healthy.  #js

$36k is next BTCitcoin breaks this Resistance.

What do you think is it that easy?

Crypto Analysts are being hypocrites they are saying something in public statements and doing something else in private meetings, I hope you can catch it. I am watching a bearish Divergence on the weekly chart time frame. But as you know I could be wrong but still without touching again the 28.5K the forward journey is really hard to catch.

Because sometimes in a position having one step back can lead you to unimaginable heights.. In terminology, you can say to the moon.

I udder wurds:   You are saying "down before up."

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[HI-TEC99]

Where is Chartbuddy?
Lost in the cloud flare event horizon?
Miss him, buddy.

It's nice to see buddy back from the cloud flare event horizon.

[Biodom]

OT: If someone is interested in personal longevity "enhancement":

Nothing there yet, but there are two majors (Altos labs and Calico) and several more specialized companies worth noting:

https://longevity.technology/news/five-longevity-companies-to-watch-in-2023-and-altos/

https://www.economist.com/science-and-technology/a-3bn-bet-on-finding-the-fountain-of-youth/21807244

https://www.wsj.com/articles/longevity-clinics-aging-living-longer-2b98e773

Altos raised 3bil just to start, so it is, potentially, a future "monster", but they are still at the research phase.

Imho, the best shot at longevity treatment right now is, paradoxically or not, some anti-diabetics/weight loss medications: ozempic/wegovy (and similar, like mounjaro) and metformin. Among the companies above, there are some that could give you better diagnostics, but their benefits are less clear.

This is pertinent unless you don't care about personal longevity and work mostly on transferring your sats to the future generation(s).

[Bitcoin_people]

Where is Chartbuddy?
Lost in the cloud flare event horizon?
Miss him, buddy.

It's nice to see buddy back from the cloud flare event horizon.

WO thread has been empty without Buddy for so long.
It's really nice to have him back now.
Welcome to back Chartbuddy!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com