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

[STT]

lol love the conveyor belt    Does the height of the price wall either side on Buddy Chart relate to positivity then.

   Price is acting a bit more positive now, challenging prices of 20th June and prior would be more convincing of that.  If we remain above 63k then any consistent build should result in a return to the higher range BTC prices.

Further out I think we are on the treadmill till the Autumn, just rehashing prices but that's a positive when its mostly about solidifying the 2024 gains.   I was worrying about prospects of a double top on weekly bars but that's more a shadow cast then an actual event just yet.

[Biodom]

Remember "Space balls"..."news: notorious 'Pizza' ate himself"
...and back to our Universe:
https://www.yahoo.com/finance/news/roaring-kitty-sued-over-alleged-142121005.html

I thought that he is the "man of the people" and "just liked that stock"... /s
Next move-he will be buying some memes  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

- The Biden administration has been doing everything within its power to slow down the adoption of Bitcoin. Trump won't stand in its way and after yesterday's debate it is clear Biden will not fulfill another term.

Don't count on that. Trump recently said to make sure that Bitcoin Mining "stays in the US". I wonder how he could accomplish this, but i think the "strategy" willl be another stupid idea, and if the "master plan" proves to be impossible to carry out, he will put up some shit "facts" about Bitcoin and tell us it would be banned.
Biden IS sleepy, but Trump is only a few years younger and losing his focus in speeches and interviews, more and more, at a fast pace.
If you ask me, none of the both should run any country.

One of the biggest problems I see is that Trump is the best friend of the banking industry. He is a guy who built his empire purely based on loans. For as long as banks are telling him to slow down bitcoin or at least not actively support it, he won't. If you look into Trump's vita, there is a ton of connections with banks all over the world. The Deutsche Bank loaned him $2 billion over the course of two decades and they did not dump him when it came out that he inflated his net worth applying overvaluation to his real estate. He is a slave of the banks and his former presidency (and potential future presidency) allowed/will allow him to repay the favor. It's a powerful and entangled mutual relationship. Bitcoin is not on his agenda. Banks are. And should banks say that they loaded their bags and he can now push bitcoin, then he would.

   "built his empire purely based on loans"
 Imagine a guy making money using the free flow of capital!  Disgusting!  This is how western economies operate; all new money is created as debt - how does that make one best friends/slaves of the bank?  I guess I must be best friends of the bank too!  I built my "empire" on loans as I imagine most of us have.  I'm also guilty of inflating my income/net worth by showing the bank previous income tax filings that I knew had little to no bearing on what I would make in the future - guess what?  They didn't care - loan approved.

 Let's see, based on political donations, who are really in the pocket of the banks:

 

 Oh... all of them!  Would you look at that, even banks have political leanings.

 As we have seen, Biden already used his executive power to kill a bi-partisan joint resolution that would have slapped down the SEC's unfair requirements under SAB 121 and that motion only passed because 9 Democrats voted with the Republicans and against Biden on it.  On top of that, Biden wants to see a 30% tax on electricity used to mine bitcoin.  Conservatives don't favour increased legislation - Trump is your best bet regardless of what you think he might try to do based on what you may or may not actually know about his past.   Don't forget Trump has 3 chldren through Ivana, a daughter with Marla Maples and a son through Melania which means he probably fucked all of them... OMG Trump is gonna fuck all of us too!!  You're right.  Dammit!  How could I have been so blind? 

[Dump3er]

One of the biggest problems I see is that Trump is the best friend of the banking industry. He is a guy who built his empire purely based on loans. For as long as banks are telling him to slow down bitcoin or at least not actively support it, he won't. If you look into Trump's vita, there is a ton of connections with banks all over the world. The Deutsche Bank loaned him $2 billion over the course of two decades and they did not dump him when it came out that he inflated his net worth applying overvaluation to his real estate. He is a slave of the banks and his former presidency (and potential future presidency) allowed/will allow him to repay the favor. It's a powerful and entangled mutual relationship. Bitcoin is not on his agenda. Banks are. And should banks say that they loaded their bags and he can now push bitcoin, then he would.

   "built his empire purely based on loans"
 Imagine a guy making money using the free flow of capital!  Disgusting!  This is how western economies operate; all new money is created as debt - how does that make one best friends/slaves of the bank?  I guess I must be best friends of the bank too!  I built my "empire" on loans as I imagine most of us have.  I'm also guilty of inflating my income/net worth by showing the bank previous income tax filings that I knew had little to no bearing on what I would make in the future - guess what?  They didn't care - loan approved.

 Let's see, based on political donations, who are really in the pocket of the banks:

 

 Oh... all of them!  Would you look at that, even banks have political leanings.

 As we have seen, Biden already used his executive power to kill a bi-partisan joint resolution that would have slapped down the SEC's unfair requirements under SAB 121 and that motion only passed because 9 Democrats voted with the Republicans and against Biden on it.  On top of that, Biden wants to see a 30% tax on electricity used to mine bitcoin.  Conservatives don't favour increased legislation - Trump is your best bet regardless of what you think he might try to do based on what you may or may not actually know about his past.   Don't forget Trump has 3 chldren through Ivana, a daughter with Marla Maples and a son through Melania which means he probably fucked all of them... OMG Trump is gonna fuck all of us too!!  You're right.  Dammit!  How could I have been so blind? 

Neither was I speaking in favor of a political camp, nor against one. It is also a question of magnitude. I don't know what your net worth is and what your "empire" looks like. But there is a difference when someone inflates net worth from 10,000 to 20,000 and gets a 100,000 loan approved and someone who inflates net worth from 100,000,000 to 200,000,000 and gets a billion approved. I don't care whether he is republican or democrat. It's irrelevant in regards to my post.

The extent to which Trump is entangled with the banking sector on the personal level goes beyond any other president's interactions with the banking sector. Yet, I never said he has been the only one. My intention was to point out the magnitude and I personally think magnitude matters in almost all concerns in life.

[El duderino_]

Just something I noticed during my day, made me check the price tbh…. It also reveals where the dude is….

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

sony want to accept bitcoins in 2015

Crazy to think they could have been accumulating Bitcoin for the last 10 years and are now launching an exchange. I think there are probably more companies out there with their hands in the Bitcoin jar than are known.

Sony & Dell may be 2 companies reporting Bitcoin holdings in August… I wonder who else may be out there.

[fillippone]

Just something I noticed during my day, made me check the price tbh…. It also reveals where the dude is….

That was an easy one.

Ibiza -Ushuaia.

EDIT: Better location incoming. I am sitting on the fillippone-throne

EDIT2:
Ibiza airport.

Carrer de l'Àngel
Aeroport d'Eivissa, Balearic Islands

[El duderino_]

Just something I noticed during my day, made me check the price tbh…. It also reveals where the dude is….

That was an easy one.

Ibiza -Ushuaia.

Though….. location not correct
The island yes

But especially you as a specialist need to do better

[OutOfMemory]

EDIT: Better location incoming. I am sitting on the filippone-throne

Laugh of the day 

May i wish a good pressing to you!!!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

Portugal did it
Ronaldo in tears again
Šeško out of luck

#GN

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Ibiza is where Winkelevi got the bitcoin "bug" in 2012, according to them.
That said, if they hodl and not do something with it that is prone to disaster (like lending, hehe), they might equal Zuck in their net worth when bitcoin gets to about a million, million and a half

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com