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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26484174 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.)
hafiztalha
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August 01, 2023, 01:58:21 PM
Merited by JayJuanGee (1)

JUST IN: 🇦🇪 $500 billion banking giant Nomura wins full license to offer #bitcoin  BTC  services in Dubai


Source
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August 01, 2023, 02:04:34 PM
Merited by El duderino_ (10), JayJuanGee (1)

ChartBuddy
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August 01, 2023, 02:04:53 PM


Explanation
Chartbuddy thanks talkimg.com
Who is John Galt?
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August 01, 2023, 02:29:29 PM
Merited by fillippone (7), xhomerx10 (1), JayJuanGee (1)

Usual WO game: where is fillippone and what is he looking at?
Compulsory WO sign in the picture.



In this photo, fillippone is standing on the Esplanade de la Pantiéro in Cannes with the view on the building complex that houses the Palais des Festivals et des Congrès. And he is looking, it seems, at a sunbathing woman. Grin
JayJuanGee
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August 01, 2023, 02:34:00 PM
Merited by fillippone (3)

I am unsure if I have anything to do with the current and next difficulties.
But the source you provided has explained the difficulty and how it is calculated.
There was an interesting bug report and fun fact as well.

Thanks for the source, BTW.

Yep.. It is good to learn some of these various concepts, and sometimes dive in deeper at points in which you might be ready to attempt to learn more about the topic.  

There might be threads on these kinds of topics that you would like to follow or there might be interviews/podcasts in which representations are being made that may or may not be accurate, and in order to engage in some kinds of critical thinking in regards to information that you are absorbing, you sometimes need to try to figure out what they are talking about and to see if there might be some easy explanation somewhere that helps you to get the foundation correct, and then to be able to build upon that foundation - including that the topic might become more interesting (or even understanding better what they might be talking about when various glitches might be found - as you suggested bugs that arise from time to time.. whether it is in relation to the difficulty adjustment or some other aspect of bitcoin, and surely I frequently proclaim to not be very technically educated regarding a variety of the bitcoin topics, yet at the same time, that does not necessarily mean that those who are better technically educated are correct when they make technical assertions that seem to get in the way of various basic incentives or some other stronger dynamic that might be pushing what is happening and/or what is likely to happen - including considering and weighing various known unknowns as well as attempting to account for unknown unknowns too.. and how much weight these scenarios might get when projecting them out, whether we are projecting out 6 months from now or attempting to project out 32/33 years - 8-ish halvenings from now).

My typical day:
wake up
get coffee and phone
jump back in bed to check the news while drinking

if  (btc down)
get dressed and walk out of the house like a normal person

if (btc up)
get dressed and walk out of the house like a normal person

It seems that today is going to be as good as any other...

That's what aliens do to try to appear "normal."

Not that I claim to know any aliens or even believe in such.

Weekly and Monthly charts seem to show more and more 25Kish to find new liquidity...

Down, sideway, then BIG UP... Let's see.

Charts say?  How did that work for you last time?

hahahahahaha


You are potentially saying 12% to 15% down from our current price and then even sideways for a bit at those prices (whew.. that would be pretty bearish.. but hey anything can happen right), and then after that we are able to go up... so our current dippening down within the upper $28ks, is not enough?

Hopefully you are not betting too much on those squigglies that may or may not happen, even though I do recognize that sometimes if we are flat for a while, there might be a relatively BIG dip down prior to going up, but just because that sometimes happens does not mean that such a thing will happen, and you are not even suggesting a BIG dip down.. you are suggesting a dip down and then stay down.. which sure, it could happen, but it sounds more like a wish than any kind of an objective prediction that has higher than 50/50 odds of taking place... though we know that you are not really very good at getting your odds right, and that's why you are still holding fiat from your so far 2022/2023 inabilities to buy below $15.5k...

Price... seriously... pissing... me... off... right... now... you... guys...

auuuuggghhhh

Chill

Chill


What's the BIG deal?


We are not even in wake me up territory, yet.


In order to get into wake me up territory, we would likely need to experience something like gallianooo's above prediction to come true.

In udder wurdz:

Chill.


aka Calm dee fuck down.
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August 01, 2023, 02:43:32 PM
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August 01, 2023, 02:57:42 PM

Hello WO gang.
Observing 28,874@stamp.

Usual WO game: where is fillippone and what is he looking at?
Compulsory WO sign in the picture.




fillippone likes Sunbathing women!!!

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August 01, 2023, 02:57:57 PM
Merited by JayJuanGee (1)

Tether bought 2,310 #BitcoinBTC ($70mn) in Q2, raising stacks from 52,698 #Bitcoin ($1.5bn) in Q1 to 55,008 #Bitcoin  ($1.67bn).

Despite the declared purpose earlier this year of investing 15% of profits in #Bitcoin data shows they've invested only 7% !
Source
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August 01, 2023, 03:01:24 PM


Explanation
Chartbuddy thanks talkimg.com
BitcoinBunny
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August 01, 2023, 03:13:37 PM

Price... seriously... pissing... me... off... right... now... you... guys...

auuuuggghhhh

Same.

Pretty crap bollocks.
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August 01, 2023, 03:14:53 PM

Tether bought 2,310 #BitcoinBTC ($70mn) in Q2, raising stacks from 52,698 #Bitcoin ($1.5bn) in Q1 to 55,008 #Bitcoin  ($1.67bn).

Despite the declared purpose earlier this year of investing 15% of profits in #Bitcoin data shows they've invested only 7% !
Source


Interesting.
I noticed from their statement they missed their purchase goal, but I wasn’t able to dig further.

Can you point the exact document where you saw those exact numbers?
Who is John Galt?
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August 01, 2023, 03:18:09 PM
Merited by fillippone (3)

Hello WO gang.
Observing 28,874@stamp.

Usual WO game: where is fillippone and what is he looking at?
Compulsory WO sign in the picture.




fillippone likes Sunbathing women!!!

Why not? Summer, beautiful coastal town, sunbathing women... There aren't many who would be against it... Roll Eyes

At first it seemed to me that the ferris wheel was similar to the one in Rimini, and I spent an hour trying to find pictures that would have the same lights in the marina there as in the photo taken by fillippone. The street lights in the marina of Rimini are different, but in the end I realized that no amount of my perseverance would make the Cannes lights move to Rimini, and I had to look for another option. Cheesy
Who is John Galt?
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August 01, 2023, 03:31:46 PM
Merited by vapourminer (1), Hueristic (1), JayJuanGee (1), d_eddie (1)

Tether bought 2,310 #BitcoinBTC ($70mn) in Q2, raising stacks from 52,698 #Bitcoin ($1.5bn) in Q1 to 55,008 #Bitcoin  ($1.67bn).

Despite the declared purpose earlier this year of investing 15% of profits in #Bitcoin data shows they've invested only 7% !
Source


Interesting.
I noticed from their statement they missed their purchase goal, but I wasn’t able to dig further.

Can you point the exact document where you saw those exact numbers?

He is unlikely to respond, he usually only copies pictures and texts from Twitter.

And this table appears to be taken from a BDO audit report dated yesterday. The full report can be read here https://assets.ctfassets.net/vyse88cgwfbl/63oJePOHqIvrcnXWMPZ1M0/4cfaf2e7cdf80c30b17fdc70faaf741f/ESO.03.01_Std_ISAE_3000R_Opinion_30-06-2023_BDO_Tether_CRR.pdf.
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August 01, 2023, 03:40:08 PM


He is unlikely to respond, he usually only copies pictures and texts from Twitter.

And this table appears to be taken from a BDO audit report dated yesterday. The full report can be read here https://assets.ctfassets.net/vyse88cgwfbl/63oJePOHqIvrcnXWMPZ1M0/4cfaf2e7cdf80c30b17fdc70faaf741f/ESO.03.01_Std_ISAE_3000R_Opinion_30-06-2023_BDO_Tether_CRR.pdf.

That’s why I asked.
I read that report, but I wasn’t able to find those information on that report.
Maybe I read it too quickly.
philipma1957
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August 01, 2023, 03:46:02 PM


He is unlikely to respond, he usually only copies pictures and texts from Twitter.

And this table appears to be taken from a BDO audit report dated yesterday. The full report can be read here https://assets.ctfassets.net/vyse88cgwfbl/63oJePOHqIvrcnXWMPZ1M0/4cfaf2e7cdf80c30b17fdc70faaf741f/ESO.03.01_Std_ISAE_3000R_Opinion_30-06-2023_BDO_Tether_CRR.pdf.

That’s why I asked.
I read that report, but I wasn’t able to find those information on that report.
Maybe I read it too quickly.

page 7 of the pdf above.
2Pizza410000BTC
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August 01, 2023, 03:55:57 PM

🇦🇪 $500 billion banking giant Nomura wins full license to offer #bitcoin services in Dubai https://t.co/VinDGJyprh



Source: https://twitter.com/BitcoinMagazine/status/1686348163391635457?t=6KLfbZBfk2Cnb2wXKQyGYA&s=19
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August 01, 2023, 03:59:26 PM


He is unlikely to respond, he usually only copies pictures and texts from Twitter.

And this table appears to be taken from a BDO audit report dated yesterday. The full report can be read here https://assets.ctfassets.net/vyse88cgwfbl/63oJePOHqIvrcnXWMPZ1M0/4cfaf2e7cdf80c30b17fdc70faaf741f/ESO.03.01_Std_ISAE_3000R_Opinion_30-06-2023_BDO_Tether_CRR.pdf.

That’s why I asked.
I read that report, but I wasn’t able to find those information on that report.
Maybe I read it too quickly.

page 7 of the pdf above.

That’s the table. Bit the information about how many bitcoin they hold on their reserves. (I can reverse engineer the number with the official close price, but that’s not official).
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August 01, 2023, 04:04:52 PM


Explanation
Chartbuddy thanks talkimg.com
Who is John Galt?
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August 01, 2023, 04:12:37 PM

That’s the table. Bit the information about how many bitcoin they hold on their reserves. (I can reverse engineer the number with the official close price, but that’s not official).

As far as I understand, the BDO auditors' reports are all that Tether officially shares in this regard. The number of bitcoins in their bins is estimated later by everyone approximately from this data. I don't remember them naming the amount themselves. It remains for us to either trust or not trust the BDO data.



The same picture with the same text was on the previous page. If you even skimmed through the topic, you would know. Sorry, you are now third on my ignore list.
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August 01, 2023, 04:37:43 PM
Last edit: August 01, 2023, 05:06:24 PM by cafter



Quote
Ponzi retard. It's not about a bunch of braindead hOdLEr, the entire raison-d'être for bi*chcoin in its only use case as a ponzi is if price goes up, which requires a growing amount of idiots to buy bi*chcoin. With tightening credit situation, high interest rate and zoomers as Alpha not the slightest interested in that ponzi game, highly unlikely
i want a positive BTC pill,
not quite understood last words anyone will explain "which requires a growing amount of idiots to buy bi*chcoin. With tightening credit situation, high interest rate and zoomers as Alpha not the slightest interested in that ponzi game, highly unlikely".

and how to resize it without losing quality?
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