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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

Another four streak KILL

When 70+

Dude is patiently waiting through the HODL

*back at we’re we were yesterday.
Curious what the weekend is gonna give us.

[xhomerx10]

Good morning Vietnam...

[LFC_Bitcoin]

Ignore short term volatility, it’s just noise. The big boys are coming…….


@ericbalchunas
JUST IN: BlackRock updated its bitcoin ETF prospectus w/ many new Authorized Participants incl first-timers Citadel, Goldman Sachs, UBS, Citigroup. Takeaway: big time firms now want piece of action and/or are now OK being publicly associated w this. H/t https://cryptoslate.com/blackrock-adds-5-new-aps-to-spot-bitcoin-etf-including-goldman-sachs-citadel-citigroup/

https://x.com/ericbalchunas/status/1776229982559223971

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

Buddy surfing the small waves.
When Tsunami?
 

[Lucius]

Ignore short term volatility, it’s just noise. The big boys are coming…….

@ericbalchunas
JUST IN: BlackRock updated its bitcoin ETF prospectus w/ many new Authorized Participants incl first-timers Citadel, Goldman Sachs, UBS, Citigroup. Takeaway: big time firms now want piece of action and/or are now OK being publicly associated w this. H/t https://cryptoslate.com/blackrock-adds-5-new-aps-to-spot-bitcoin-etf-including-goldman-sachs-citadel-citigroup/

https://x.com/ericbalchunas/status/1776229982559223971

When you take a look at the some forum posts, you will be amazed at how many people are wondering if the bull run is over and if they should sell their BTC - which means that they have no sense of the times they are in. The conditions for a perfect storm are becoming increasingly visible with the upcoming halving and the huge appetite of investors for Bitcoin through spot ETFs.

[vapourminer]

When you take a look at the some forum posts, you will be amazed at how many people are wondering if the bull run is over and if they should sell their BTC - which means that they have no sense of the times they are in. The conditions for a perfect storm are becoming increasingly visible with the upcoming halving and the huge appetite of investors for Bitcoin through spot ETFs.

yeah. this party is just getting started.

[bct_ail]

When you take a look at the some forum posts, you will be amazed at how many people are wondering if the bull run is over and if they should sell their BTC - which means that they have no sense of the times they are in.

But it makes me sad when I know who is going to buy theier BTC if those people are selling.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

When you take a look at the some forum posts, you will be amazed at how many people are wondering if the bull run is over and if they should sell their BTC - which means that they have no sense of the times they are in.

But it makes me sad when I know who is going to buy theier BTC if those people are selling.

If people haven’t figured out the four year cycle by now, it’s sort of their own fault. It should have been obvious to everyone by 2018 what was going on.

Now that Genesis is done selling, GBTC sales will slow and with the halving closing in, we could see another move upward coming soon. Mtgox is almost done distributing USD to creditors though, which means BTC distributions are right around the corner. Those are expected to be done by October at which point it will be time to launch. I’m expecting us to all be very excited watching the price head to the moon around Halloween, which could end up being a 6-12 month trip to $200K+.

[Paashaas]

Coinbase selects Lightspark for Lightning.

We’re thrilled to announce that Coinbase has selected Lightspark to bring the Bitcoin Lightning Network to its platform. We are working with the Coinbase team on technical integration.    

We’re delighted to be part of bringing one of our industry's most impactful and significant companies to Lightning at the perfect time. Coinbase customers will benefit from instant, cheaper transfers, and this integration will pave the way for more collaboration between the companies in the months and years to come.

At Lightspark, we’ve been working incredibly hard for almost two years to build our platform as the best enterprise-grade entry point to the Lightning Network on the market. Our software and services allow the most demanding institutions to reliably tap into the Lightning network to enable near real-time, low-cost Bitcoin transactions.

Lightspark effectively removed most of the complexity that typically comes with implementing and managing a Lightning node and sending/receiving transactions reliably. Lightspark SDKs, APIs, and developer tools allow a seamless and simplified integration of the Lightning Network. At the same time, Lightspark Predict, an AI-based smart engine, optimizes liquidity requirements and routing in real time to reach the highest transaction success rates and finality times across the network.

Coinbase will be using Lightspark’s remote-key signing implementation — with the Lightning signing keys entirely held by Coinbase, while Lightspark hosts their Lightning node. This integration allows Coinbase to benefit from a scalable, reliable, and fully optimized node infrastructure that provides a deep suite of functionality through a simple and intuitive interface. Product, engineering, and operations teams at Coinbase can focus on creating the very best end-to-end experiences for their customers without the distraction that comes from the complexities of managing and optimizing a large-scale Lightning implementation.

“Coinbase is committed to making the global financial system faster and more efficient,” said Shan Aggarwal, VP of Corporate & Business Development. “We’re excited to partner with Lightspark to eliminate payment barriers and enable faster and cheaper Bitcoin transactions through support for the Bitcoin Lightning Network.”

This is another significant milestone for the Lightning Network. Lighting up all Coinbase touchpoints with Lightning will profoundly impact the overall network usage at a time when it’s most needed, given the rising price of Bitcoin and Bitcoin L1 fees.

Lightspark integrations will pave the way for additional payment use cases in the near future by allowing more liquidity to be converted in and out of Bitcoin from fiat and cryptocurrencies. We’re excited to be well-positioned to contribute to this transition.

[JimboToronto]

Good morning Bitcoinland.

Still working our way back from the dip down to under $65k and trying to get back into the $7xxxx range.

Good morning Vietnam...

That's exactly where I got the "Good morning Bitcoinland" I used almost every morning for over a decade. You might be the first to make the connection.

When you take a look at the some forum posts, you will be amazed at how many people are wondering if the bull run is over and if they should sell their BTC - which means that they have no sense of the times they are in.

They're like racetrack gamblers who have never been to the paddocks or talked to an actual trainer or hotwalker and base all their bets on what they read in some Racing Form.

But it makes me sad when I know who is going to buy theier BTC if those people are selling.

...and the rich get richer and the poor get poorer. Ain't we got fun.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AirtelBuzz]

Today is Satoshi Nakamoto's 49th birthday.

Happy Birthday to Bitcoin creator Satoshi Nakamoto.

Satoshi entered 'April 5th' when he registered the P2P Foundation.

Image X

[JayJuanGee]

Speaking of fillippone, I am pretty sure that he is also expecting a gift from proudhon somewhere upon bitcoin reaching the early 6 figures, and it might have even been something like 0.1 BTC, but I cannot recall exactly..

Exact reference:

<...>Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.

Money is going to leave the bitcoin ecosystem over the next 12 months (and forever after on average). Bitcoin will never reach that price. If it does, I'll buy $10k worth and give it to you.

Quoted for reference.
Please someone help me remember when it happens!

Still pretty confident I will eventually cash in those SATs in a very short time. On a “great scheme of things” scale.

It is a bit funny in regards to how he said it, and especially saying that if the BTC price reaches $170k, then he will buy $10k and give them to you, so in essence that would be $170k/$10k = 0.05882353 BTC - and yeah of course, he seems to be wanting to create an impression that he is not holding BTC, and maybe it does not matter if he were to just send you 0.05882353 BTC or if he were to buy them with dollars first.   

When you take a look at the some forum posts, you will be amazed at how many people are wondering if the bull run is over and if they should sell their BTC - which means that they have no sense of the times they are in.

But it makes me sad when I know who is going to buy theier BTC if those people are selling.

If people haven’t figured out the four year cycle by now, it’s sort of their own fault. It should have been obvious to everyone by 2018 what was going on.

It is good to know about the four year cycle, but not necessarily to get too attached to them or to try to play them unless you have already determined that you have enough BTC or more than enough.. ..

yet, I know guys are going to try to play the cycle and they might not necessarily yet be in a position in which they should be either selling their BTC or discontinuing in buying BTC.

Now that Genesis is done selling, GBTC sales will slow and with the halving closing in, we could see another move upward coming soon. Mtgox is almost done distributing USD to creditors though, which means BTC distributions are right around the corner. Those are expected to be done by October at which point it will be time to launch. I’m expecting us to all be very excited watching the price head to the moon around Halloween, which could end up being a 6-12 month trip to $200K+.

Maybe it could end up playing out like that?  I have my doubts about MTGOX coins contributing much if anything to downward pressures or even failure to go up pressures.

There maye be some time in which the UPpity between now and October might get to be too much.. so maybe there will be a correction somewhere along the way between here and October.. and still expecting a kind of fair range of $120k to $180k for 2024. before figuring out whether MOAR Uppity might be necessary or not (necessary to accommodate the likely ongoing buying pressures from BTC spot ETF buyers and various copy-cat buyers)..

[Cryptolove20015]

$BTC Alert  🔥🔥🔥🔥🔥🔥🔥

Be careful, the cycle of history repeats itself! Remember 2022 when $BTC  dropped from $48,200 to $16,500 in just a few weeks?
Now, in 2024, many expect the value of Bitcoin to skyrocket to $150,000, but let's learn from the past.
Big whales manipulate the market by using mainstream media to attract optimistic investors.
When profits reach their peak, they quickly retreat and leave others in the dust.
Don't fall victim to their game!Act wisely.
Consider securing your funds now as the Bitcoin price hovers around 70k.
History shows us that Bitcoin may not break $75,000 this year. Protect your investments,