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

[ChartBuddy]

Explanation
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[cygan]

if you haven't already, for your kids... here's a fun and kid-friendly BTC-white paper
show your kids

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[WatChe]

if you haven't already, for your kids... here's a fun and kid-friendly BTC-white paper
show your kids

My kids are still too young to understand this but I will save it to show them when they grow up a little.

This is not only for kids but also for people who have no knowledge of Bitcoins and want to know about it.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[El duderino_]

Where the dude at?

[Paashaas]

Where the dude at?

Koh Tao Island in Thailand.

Enjoy your deserved vacation my Belgium neighbour.

[ChartBuddy]

Explanation
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[Lucius]

Quoting Peter Schiff?
Big no-no, but it gets worse...
Wondering if Fearing that he's right?

#haiku

FTFY.

who is peter schiff?
someone honey badger knows?
if not then piss off

When you start to worry about what Bitter Peter and people like him are saying about BTC then maybe it's time to sell your coins and invest in what they are promoting. This man has been using Bitcoin for years as a PR tool and is not qualified to comment on such things.

[goldkingcoiner]

It's just a matter of time before people call for things to be frozen on the Bitcoin blockchain. Maybe even attempts to do it.

And fail.

Title: Tether Freezes $344M USDT Linked to Illicit Activity, Highlights Stablecoin Risks 
Published: 2024-06-12T10:00:00.000Z 
Summary: Tether has recently frozen $344 million worth of USDT tokens connected to illicit activities, bringing renewed attention to the risks inherent in stablecoins. This action highlights the increasing regulatory scrutiny the stablecoin sector faces, which may lead to heightened market volatility and stricter future compliance requirements. The move reflects ongoing efforts to improve security and transparency within the cryptocurrency ecosystem

. 

https://cryptobriefing.com/tether-freezes-344m-usdt-linked-to-illicit-activity-highlights-stablecoin-risks/ 

The day they can freeze Bitcoin is the day it becomes worthless. That would be basically every Bitcoiner's worst nightmare. So why would they do that? Boredom? Vibecoding devs?

[Lucius]

~snip~
The day they can freeze Bitcoin is the day it becomes worthless. That would be basically every Bitcoiner's worst nightmare. So why would they do that? Boredom? Vibecoding devs?

If their employers are from companies like BlackRock, then it's clear why they have such ideas that they want to push through. The people who profit from enabling people to invest in Bitcoin through their funds may have realized that there are millions of coins just sitting around untouched waiting for someone to take them. A few million for developers who know how to do it is a pittance compared to the loot they can get their hands on.

Then again, maybe I have a vivid imagination and someone is really bored.

[ChartBuddy]

Explanation
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[philipma1957]

It's just a matter of time before people call for things to be frozen on the Bitcoin blockchain. Maybe even attempts to do it.

And fail.

Title: Tether Freezes $344M USDT Linked to Illicit Activity, Highlights Stablecoin Risks 
Published: 2024-06-12T10:00:00.000Z 
Summary: Tether has recently frozen $344 million worth of USDT tokens connected to illicit activities, bringing renewed attention to the risks inherent in stablecoins. This action highlights the increasing regulatory scrutiny the stablecoin sector faces, which may lead to heightened market volatility and stricter future compliance requirements. The move reflects ongoing efforts to improve security and transparency within the cryptocurrency ecosystem

. 

https://cryptobriefing.com/tether-freezes-344m-usdt-linked-to-illicit-activity-highlights-stablecoin-risks/ 

The day they can freeze Bitcoin is the day it becomes worthless. That would be basically every Bitcoiner's worst nightmare. So why would they do that? Boredom? Vibecoding devs?

Btc as pow is temporary = too many people see it that way .

A lot of effort has been placed to flatten prices which makes it seem like POW sha 256 is temporary.

By 2036 we are under 200k coins 99 percent are gone.

And it is obvious fees are crushed  well under .1 btc a block

So all the people in that camp will want to fuck with stuck coins.

I STARTED this coversation 5 years ago. Was mocked as stupid yet here we are many see it that way.

As a miner I see real problems since coins are going by by and price is suppressed.

Moron 4 year price cycle belief  hurts the coin.
People doing there all to harm mining.

And the 4 year real 1/2ing rather than a 6 year 1/2 ing. Ie a block every 15 minutes.

Even hodl people hurt the coin but this is complex argument because using btc as payment is not as good as scrypt would be.

Doge with its ever shrinking growth rate would always have coins for pow reward.

Time will tell if btc can be cracked
Time will tell if doge can be cracked.

For now I stack

Btc
Doge

Way more btc.

I have 9 s21xps
I have 1 L9

[ChartBuddy]

Explanation
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[cAPSLOCK]

She does not know what to think of this book.  But thats partly because she was reading it upside down for a long while.

Your fairy is getting cuter by the day. She's growing on me.

I am certain that it's driving a certain percentage of people here crazy, but I decided that I'm willing to be this much of a jerk. But thank you!

[AlcoHoDL]

She does not know what to think of this book.  But thats partly because she was reading it upside down for a long while.

Your fairy is getting cuter by the day. She's growing on me.

I am certain that it's driving a certain percentage of people here crazy, but I decided that I'm willing to be this much of a jerk. But thank you!

Sparkle Fairy is not going anywhere.

She's a WOer.