Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2093. (Read 26609797 times)

Explanation

Me: "Hey, Bitcoin. Describe your market action over the last couple days."
Bitcoin: "I found this image from the conference last year for you"



EDIT: The Big Lebowski by Balenciaga

https://www.youtube.com/watch?v=zXApJhzl8yk

Don't hold your breath. I think he got permanently locked out many moons ago for reasons.
Albeit, it would nice to see the account activated again, just for nostalgia, etc.

when I look at the market all I see:  https://youtu.be/ltQ65j_xFzY?t=165

 

Explanation

It was adamstgBit who created the WO thread. I hope he says hi when we (again) hit his long predicted magic number $32k.

Edit:

TWITTER

Explanation

I have lots of friends like that too! They are stark raving bonkers.
Thank goodness they are all just anonymous online fellow posters on this here famous Bitcointalk.org forum...



Thank you @homer.  
fyi  
"Wild and Free" was the last recording we made as a band (Family) in 1990. And my personal favorite studio recording.
Words, music, guitars, vocals...Eph  (RIP my friend. I miss you everyday. But your music will live on.)
Bass... sirazimuth
Drums ...CO

Funny story about the "Wild and Free" session.
I recently sent the track to the drummer who hadn't heard it for years.
It jogged his memory and he confessed there may have been a drum hardware issue on the last verse.
Back then we were on a tight budget so he didn't say anything and let it fly, as he felt good about how he played it.
I thought the drum sound was great and commented to him "I like how you just changed it up a little on last verse. That was awesome!"
And he was like "that's because I broke the hi hat on the last verse, but didn't say anything because no one noticed."...  lol, memories




Takes one to know one!  

Thanks...interesting.

Upon an initial read, here are some nuggets: they distinguish between "payment stablecoins" and "endogenously collaterized stablecoins".
obviously, USDC/USDT fits into cat 1 and cat2 is like infamous 'almost dead' Luna. Cat 1 can only have cash, 90 day Treasury bills, deposits with Fed reserve and 7 day repurchasing agreements for 90 day bills backing it (at least 1:1). Another interesting point: deposits of payment stablecoins are deemed as legally belonging to a person, NOT to the institution which holds them. Even more interestingly, if a payment stablecoin issuer goes bankrupt, stablecoin owners have first dibs on remaining assets (their rights are higher than anybody else).

On a more sombre note, stablecoins are NOT covered by FDIC and it is expressly forbidden telling customers otherwise. BTW, the issuance of new "endogenously collaterized" stablecoins is prohibited for 2 years under moratorium, but current are  grandfathered in. Did not see a part if current "payment stablecoins" (like USDC/USDT) are grandfathered in or not-the doc it too long. Maybe someone else can pinpoint this part.

Obviously, Wall Street wants to "play" with stablecoins, but, personally, I don't see much need for them now, especially when fast payment rails would be established soon. Perhaps, stablecoins is a way for banks to get back into the payments (after they were effectively cut off by the FedNow system).

Explanation

https://docs.house.gov/meetings/BA/BA21/20230419/115753/BILLS-118pih-Toproviderequirementsforpaymentstablecoinissuersresearchonadigitaldollarandforotherpurposes.pdf

 Several years of indoctrination.

Explanation

From Wall Observer BTC/USD to Toilette Observer Transparent/Clasic.

What are i missing?.

They should have used glass toilets to compliment the glass cubicles.

^ Is this a birthday bash or an anniversary extravaganza? I'm so confused, I might just sing "Happy Anniversary" with a birthday cake and call it a day! 🎂🎉