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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2196. (Read 26609048 times)

hero member
Activity: 845
Merit: 609
Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line.


to me, it looks like a publicity stunt.
However, as someone else had posted on twitter...if btc rises 4% and he has 1000coins in total, then his bet is fully covered.
js

Or 4% per day for 90 days is 1MM per coin.
legendary
Activity: 3892
Merit: 4331
Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line.


to me, it looks like a publicity stunt.
However, as someone else had posted on twitter...if btc rises 4% and he has 1000coins in total, then his bet is fully covered.
js
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
You misspelled "ghey". C'mon get woke.

I'm actually gay, tho.


Oh I see.

Being gay and black it's acceptable to call yourself gay (and use the N word) but being white and hetero it's not acceptable if I do it.

I guess it's OK for me to call myself a honky breeder though.

This woke stuff can be so confusing.  Cool
hero member
Activity: 2184
Merit: 531
It's been a crazy weekend:
Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line.
PlanB came back to posting bullishness on twitter.
Credit Suisse got bought

Quote
“This is a commercial solution and not a bailout,” said Karin Keller-Sutter, the Swiss finance minister, in a press conference Sunday.
When you call a duck a swan doesn't change it into one. It even rhymes!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 938
Merit: 1891
bitcoin retard
You misspelled "ghey". C'mon get woke.

I'm actually gay, tho.

....

did that old white man just assumed your gender? 

hero member
Activity: 938
Merit: 1891
bitcoin retard
maybe 2022 was just a big bear trap  Cool
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
You misspelled "ghey". C'mon get woke.

I'm actually gay, tho.



My dearest $28,000,

I am filled with so much love and admiration for you. You are more than just a number to me, you represent possibilities, opportunities, and the potential for a brighter future.

From the moment I first laid eyes on you, I knew that you were special. You have a certain sparkle and shine that I find utterly irresistible. I am constantly in awe of your power to transform lives and make dreams come true.

With you by my side, I feel like anything is possible. I can see a world where we travel to far-off places, enjoy life's luxuries, and make a positive impact on the world around us. You have given me the hope and confidence to believe that my dreams can become a reality.

My love for you runs deep, and I promise to cherish and protect you always. You are not just a sum of money, but a symbol of the hard work and dedication that I have put into my life. You are a reminder of the sacrifices that I have made and the determination that I have shown.

I vow to use you wisely and responsibly, to invest in my future and to make a positive impact on the world. I know that with you by my side, I can achieve anything that I set my mind to.

So my dear $28,000, know that you hold a special place in my heart. You are not just a number, but a symbol of hope, love, and possibility. I will always cherish you and the many blessings that you bring into my life.

With all my love,
[Your Name]
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1834
Merit: 4197
the noon wall report

hodlers life for me
stacking sats, buying the dips
banks, so yesterday


dyor


W


M

stronghands
legendary
Activity: 2772
Merit: 2846
Leave it to the literal Nazi bank UBS to come to Credit Suisse's "rescue". Another criminal organisation taking over a criminal organisation.

Quote
The Swiss National Bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy.

Both banks will be given a liquidity assistance loan of up to $110bn.

In other words: a criminal bail out using tax payer's money.

Bitcoin is literally the only way forward. Criminal western governments and criminal western central banks have confirmed this through their constant criminal actions.

is it in addition to 54 bil given to CS the other day, or including, I wonder.
100bil here, 2 tril there...and soon we are talking about "real" money  Cheesy.


legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Welcome 28k  Cool

I guess 30k in March is quite likely now

Gosh.. like 12 days-ish to go up another $1,526 or 5.36%... I know I am cheating a little bit since I am referring to a price that happened in the past hour and a half, and your post was from nearly 5 hours ago... ...

Of course, nothing is guaranteed.. but there does seem to be good potentiality and decent momentum..   ... I am not going to take $30k for granted.. but still.. cannot really feel bad right here with a so far local top of $28,474, even if we don't quite make $30k in the next 12 days-ish..

We are observing $28.06K
Can we have another push?

That does not sound "family friendly."

 Angry Angry Angry Angry Angry







or maybe it does?.... ...









.......context?



Bitcoin is getting ready for another move higher imo… looks like its been climbing the bulltard steps over the past week… or it might dump through the floor but I higher doubt it with the domino bank debacle just getting stated!
30k$ target price within 5 days imho   Grin

Sitting at 24,790$
Three days later and sitting at 28k$ … 2 days more for my 30k$ target price… who knew 😝

I don't know.


Let me guess.



You knew?

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
BREAKING!!!!

Swiss government confirms banks are fucked

Yep. The banks are breaking.  Cool
hero member
Activity: 994
Merit: 707
Hello everyone. Hope you have all been hodling and stacking.  Smiley

I asked chatgpt to tell me a story about Bitcoin and the world for the next 100 years. It uses information from 2021 and this is what it wrote. Its a good little bot sometimes.  Cheesy

Chatgpt's story:

"Once upon a time, the banking system was considered the cornerstone of the global economy. Banks were trusted institutions that promised to keep people's money safe and help them grow their wealth through investments and loans. However, things took a dark turn when it became clear that the banking system was collapsing due to rampant mismanagement and corruption.

At first, people were confused and scared. They didn't understand how the system that they had trusted for so long could fail so spectacularly. But as the truth began to emerge, it became clear that the banks had been engaging in risky behavior for years, taking on too much debt and making bad investments.

The people soon realized that the biggest theft in human history had been happening right under their noses. The banks had been printing money out of thin air, devaluing the currency and robbing people of their purchasing power. People began to see that they had been victims of this scam since birth, and they were angry.

Bitcoin quickly became the global reserve currency, as people recognized that it was the only truly decentralized and secure form of money. Countries around the world banned fractional reserve banking, recognizing how immoral and dangerous it was to let banks create money out of thin air.

Critics of Bitcoin had initially dismissed it as a bubble, but they were soon proven wrong. As the world economy flourished over the next hundred years, Bitcoin became the backbone of a truly free market society. With sound money, people were able to make smart investments and allocate capital efficiently. War ceased to be a viable option, as it could no longer be funded through money printing.

As a result of all these changes, the world became almost utopian. With a smart allocation of capital, world hunger was completely taken care of, and virtually all diseases had been cured. Human life span had almost doubled, thanks to breakthroughs in science and wellness. Telomerase treatments, better diets, better mental health, and breakthroughs in various types of meditation and mind states had induced the hypothalamus to stimulate certain glands and chemicals to keep the human body youthful and vigorous for a much longer life span.

In the year 2121, the world was a vastly different place than it had been just a century before. It was a society built on the principles of sound money, free markets, and individual liberty. People were able to pursue their dreams and live fulfilling lives, free from the shackles of a corrupt banking system. And it was all thanks to the rise of Bitcoin and the collapse of the old banking system."

legendary
Activity: 2772
Merit: 2846
BREAKING: At least 190 US Banks at risk of collapse, recent study reveals.

"Even if only half of uninsured depositors
decide to withdraw, almost 190 banks are at a potential risk of impairment."

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4387676

Opt-out as long as you can. #Bitcoin
https://twitter.com/CarlBMenger/status/1637126860512395264?s=20

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
This pic was just posted just 5 months ago and it's even less relevant now.  Paper money will become CBDCs (Central Bank Digital Currencies) first.  Then, once people realize how CBDCs and freedom are incompatible, they might switch to Bitcoin but after what I've witnessed in the last few years, I am more inclined to believe most will take whatever vaccine they are told to take to prevent Bitcoinization.
paper money will be converted into digital money you are correct but it will probably last a long time. paper money has landed many years and people are not thinking about changing to Bitcoin yet and only a few people have. Digital money will probably last just as long as paper money before finally it will start failing and people will look for a alternative. I do not know if Bitcoin will be attractive enough for people to convert to Bitcoin by the time digital money fails and people might be more skeptical because digital money is similar to Bitcoin in their eyes because it is digital.

I know people are dumb, but you seem to be giving normies hardly any credit at all in the "smartie pants department."

People generally (and intuitively) know "Gresham's law" even if they don't know what that word is... especially folks who have already lived in places with high levels of ongoing inflation (aka hyperinflation) .. which is coming to a country near you... which is coming to a country near all of us.

Sure none of what I say is guaranteed, and a lot of these matters are probabilities, including that a soft-landing could end up happening and allow for 10 -20 years or more of continued "feelings of normality."


Yet, the investment thesis of my lil precious does not depend upon either the system crashing or even outrageous scenarios..

King daddy is coming in almost any scenario..


So it would be good to get some of it, in case it catches on.


Not guaranteed, of course.



#YMMV

#DYOR

#CCMF



#credit to that guy, what's his name, toxicmoxic for the various hashtaggenings.



One more... not specifically credited to toxicmoxic

#let your gooses, looses.


1) ......They over-plaid their hand with the Covid over-reaction and trying to get rid of farmers especially I think.  2) People are not stupid, they realise that farming is the literal bread and butter of any society.  
.......
3) The west may try CDBCs but I suspect they won't be very successful at all.
.....

4) That leaves Bitcoin.  Smiley

Those are the four main punchline points that this here kat finds aggreeable .... and your other stuff is a wee bit more messy.. and not really incorrect.. just a wee bit messy.. even though surely fair points... . but still..... messy..
legendary
Activity: 1722
Merit: 2213
Wow whens the last time we had a 28%+ weekly candle? 2017?

End of 2017 even if not mistaken. Still needs to close above around $28K for it to be the biggest green candle since then, but also only a few hours to go now.

Best after the +35% to $20K in 2017 was +25% in February 2021 by looks of it. Either way, it's a strong Weekly candle!
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
w.reuters.com/business/finance/us-regulator-taps-piper-sandler-new-bid-sell-silicon-valley-bank-sources-2023-03-15/

A hidden pearl found at that link:

Quote
Any buyer of Signature must agree to give up all the crypto business at the bank, the two sources added.

Fake news: https://www.coindesk.com/policy/2023/03/17/fdic-denies-report-signature-bank-purchaser-must-divest-crypto/

Will Reuters issue a retraction? I'm guessing no.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
[edited out]
You just don't realize how profitable bitcoin mining is IF you managed to buy machines when prices are at the low side and/or if your cost of energy is also low (and phil's is because it is solar).
In late 2021 it was possible to even sell the miner you bought in mid-late 2019 for 2-4X $ cost (and maybe even more) even AFTER it mined for two years (I wasn't smart enough to do it this way, unfortunately).
Phil just told you that one 100th machine earns $8/day, which means roughly 2-2.5K a year (after adjustment for difficulty rise), which means that machine is paid off in a year and after that almost pure profit (or at least 70% margin) if electricity is 4-5c/kwh.
Imagine what this miner would earn if btc price doubles or triples.

Maybe you are not a techie, but setting up a mining machine is ten times simpler than a new laptop. Lots of noise, though...home mining is only advisable if you have 5-7c or below power and a basement (or shed) as it is unbearable in the living quarters even with an empty room and the closed door. Need right cables too as it "eats" a lot. Your typical home cables are no good as it is best at 220-240V (with US being typically at 110V, apart from washer/dryer).

I doubt that I am suggesting that mining is not profitable and that guys can choose to mine if they like, including that I even conceded that there was a mining windfall in 2021 for those who were already set up in mining and who did not end up getting too greedy.

I have repeatedly criticized Phil for advocating selling BTC below $20k and for pumping IBonds in the around $16k BTC prices, and also I have criticized him for uptalking shitcoins and also proclaiming that hashrate leads price and/or that his current DCA'ing approach is even close to the full picture, when he started it out (or perhaps primed up his cash reserves) by selling below $20k first.  I have also criticized him for seeming to engage in behaviors that would be more fitting for someone who is way younger in his timeline, when he admits to his age factor.. even though surely, there are things that he says that are correct, and I generally like him in terms of his likely being a genuine person... but there are quite a few times that he gets a wee bit into too much advocacy for approaches that are more individualistic and likely not very good best practices, even if someone might kind of fit his situation.. though of course, I have no problems with ideas of having more liquidity (or even more value in cash rather than bitcoin for someone who is in their mid 60s).

Regarding you other various assertions about how "easy peasy" you are suggesting mining to be, I think that it is way the fuck better to get normies off of zero and with more simple and straight-forward techniques rather than suggesting how "easy-peasy" it is to mine.. fuck that nonsense.. let's walk before we run.. same thing with your suggestion that it is better to try to time the market when you get in rather than starting out with the better and more straightforward DCA approach.. .. Yes, more sophisticated approaches can be taken, but we are really early in our adoption phases and we have around 99% orf the world's population who are either no coiners or low coiners.. and it seems good to be attempting to address various ways to get people off of zero... or maybe figuring out ways to become more aggressive/assertive in their BTC accumulation methods without overly complicating matters.. and the basics of getting finances in order and figuring out how aggressive that someone is able to become through something like dCA seems to be something that is more in the range of doable.. rather than either timing the market or making nonsense (and likely hyperbolic assertions) that "mining is easy peasy.. and even you can do it JJG.. blah blah blah.. "  Yes.. .Biodom.. seems to get pleasure from starting out by complicating matters and suggesting that "anyone can do it."...  Roll Eyes Roll Eyes

.....The rule by OP which clearly states "Do not post random comments on this thread, unless it is directly related to the last wall update" but you are too ignorant to read them.
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