Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2180. (Read 26609512 times)

Explanation

Yeah, but really does the ability to perform more sophisticated tests, such as the one that you describe, really resolve the issue and even the seamless nature that comes from assaying (verifying the validity of) bitcoin as compared to assaying (verifying the validity of) gold?

I don't have any major problem for those who are already experts (and used to) holding gold to continue in their past practices, but they still should be attempting to get a grip upon the power of bitcoin, including that bitcoin is likely around 1,000x better than gold in all aspects, and sure there is some benefits to the physical tangibility of gold, but that physical tangibility can become a liability too, especially in an age in which there are a variety of ways in which value has been better able to be created, stored and transported in digital ways - and bitcoin serves as both a foundational paradigm shifting invention/discovery that allowed for the unharnessing a lot of the difficulties that had previously come from some of the corruption (including double spending) of previous digitalized value mechanisms.

There seems to be more and more people coming on board to the understanding that the various verification mechanisms within bitcoin are very powerful and they facilitate ways in which the verification is done in a variety of ways and does not require as much trust in the systems that have had historically been verifying gold (even if there might be some new and better gold verification techniques).

Hopefully, you got ur lil selfie some cornz montaga, in case it catches on.. .. and surely many of us longer term bitcoiners recognize that it could take one or two cycles or more to build up your bitcoin holdings, even though anyone newly coming into bitcoin can still end up profiting stupendously because it is still early days, and they likely would be better off to focus on learning about bitcoin and investing into bitcoin rather than trying to figure out how to deal with various aspects of gold holding challenges, including that it seems quite likely that bitcoin is going to continue to eat gold's lunch, just like it has been doing for the past 10 years or so.. and sure, I know it is a bit unfair that bitcoin is appreciating in price so much as compared to gold, but that's just one of the actual real world dynamics that exist when there is a new value storage system that is replacing aspects of the old system.

Explanation

I think it's clear the market is still rallying.  I come to this conclusion because if you look at the action yesterday with the price, there was a ton of volume sending it downward, which the market absorbed, and then a much smaller amount of volume sent it right back up to where it was.  This shows me that there are still a lot more buyers out there than sellers, and that they're buying the dips hard.  I think the folks out there buying are getting their hands on as much as possible without sending the market above $30K.  Their time is limited though as I believe Bitcoin's days are numbered below $30K.

JUST IN: 🇺🇸 SEC issues statement saying companies offering crypto may not be in compliance with law and urges investors to be cautious👀



https://twitter.com/BitcoinNewsCom/status/1638928536982503426?t=dfOGmoF-uMzNT4qTy739eg&s=19

Gotta stash away all that funny money somewhere. The question is, is the market rallying or is it just number going up? One things for sure, those with connections will be getting out before the rest of us who will be glad we saved our ramen seasoning packets to flavor our 401k statements with.

Explanation

The market got over that rate hike pretty quickly and does appear to be back into rally mode. I’m still expecting we end the month at $30K but we’re running out of time. One good push from here should do it though and with today’s price action I still think it will happen. I think at that point we might start seeing average Joe’s begin to have FOMO.

Good morning Bitcoinland.

Nice bart back up almost to yesterday's AYH.

Let's get over $29k now.

Go Bitcoin go.

If someone can afford a $20000 gold bar he can spend $150 https://www.aliexpress.com/i/33040361481.html
Alternative he can go with the seller to a pawn-shop or other place to have it checked.

If someone can afford a Bitcoin he can spend some extra for a hardware wallet.

Pump +++

Bitcoin $28,724

Explanation

Pumpyyyy

Larger arrest of Terra form labs Do Kwon arrested in Montenegro
https://abcnews.go.com/Technology/wireStory/police-crypto-firm-founder-kwon-arrested-montenegro-98074240
https://cointelegraph.com/news/do-kwon-reportedly-arrested-in-montenegro
https://www.washingtonpost.com/business/2023/03/23/crypto-terraform-montenegro-do-kwon-korea/


Anybody can one up this one?

wew lads!

Observing 28,500.

Is this a pump for ants?

Wen page parity?

Did the banks open?

Puny volume though. Might be a fakeout.

NEW: 🇺🇸 Bill introduced in Congress to encourage #Bitcoin    mining in the US.

Proof-of-Work can "yield an explosion of innovation" and "grow the economy" 🙌



Bitcoinmagazine

Murray N. Rothbard, What Has Government Done to Our Money?
Quoted in 2014 by someone that spells King Daddy's name BitCoin

https://journalisticrevolution.com/an-open-letter-to-bitcoin-enthusiasts.html