Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2234. (Read 26610061 times)
March 12, 2023, 04:07:09 PM
New Zealand opened.
March 12, 2023, 04:01:20 PM
March 12, 2023, 04:00:44 PM
In the upcoming days, our CEO and I discussed the price of Bitcoin.
March 12, 2023, 03:40:05 PM
Wow this rally will be epic !!! Ppl will fomo into Bitcoin Monday imo
So far you look pretty good.
Lets see how you look on monday.
March 12, 2023, 03:37:15 PM
looks like thats the btc/usdc pair
Could also be bear/cat. 
March 12, 2023, 03:16:04 PM
March 12, 2023, 03:01:16 PM
March 12, 2023, 02:17:08 PM
March 12, 2023, 02:10:07 PM
March 12, 2023, 02:01:16 PM
March 12, 2023, 01:49:17 PM
Wow this rally will be epic !!! Ppl will fomo into Bitcoin Monday imo
March 12, 2023, 01:40:19 PM
Wow this rally will be epic !!! Ppl will fomo into Bitcoin Monday imo
March 12, 2023, 01:37:10 PM
Securing FDIC deposits is peanuts compared to the larger problem.
March 12, 2023, 01:28:38 PM
Looks like the march candle wants to eat itself up. Seems like a good buying opportunity to me.
edit: Price is touching the weekly golden Fibonacci ratio too.
edit: Price is touching the weekly golden Fibonacci ratio too.
Looks like a good time to buy to me too. But, traditional markets appear like they are going to shit the bed so they'll probably take us down with them.
Screw tradition markets. This is Bitcoin, baby.
All hands to battle stations. We have a rare black bear sighting.
The severity of this occurrence cannot be understated.
Stay frosty. It's going to get ugly tomorrow.
The severity of this occurrence cannot be understated.
Stay frosty. It's going to get ugly tomorrow.
We killed the bear. Its dead.
March 12, 2023, 01:20:22 PM
All hands to battle stations. We have a rare black bear sighting.
The severity of this occurrence cannot be understated.
Stay frosty. It's going to get ugly tomorrow.
The severity of this occurrence cannot be understated.
Stay frosty. It's going to get ugly tomorrow.
it depends
https://techcrunch.com/2023/03/12/fdic-auction-silicon-valley-bank-svb/
March 12, 2023, 01:16:53 PM
All hands to battle stations. We have a rare black bear sighting.
The severity of this occurrence cannot be understated.
Stay frosty. It's going to get ugly tomorrow.
The severity of this occurrence cannot be understated.
Stay frosty. It's going to get ugly tomorrow.
March 12, 2023, 01:05:42 PM
Man I stopped fighting buddy and all hell broke loose.
I will continue to not contest buddy and hope for a more interesting effect.
I will say this SVB appears to have been targeted with a massive run by depositors.
Wonder what Mon and Tues bring us
I will continue to not contest buddy and hope for a more interesting effect.
I will say this SVB appears to have been targeted with a massive run by depositors.
Wonder what Mon and Tues bring us
Unless I missed something SVB had most of its money in government bonds. That's supposed to be the safest thing, aside from just holding cash I guess. But people want returns, so the bank has to do something with the money. They only incurred losses because they had to sell these bonds at lower than face value.
If a bank with the safest investments can be brought down by a bank run in a couple of days, what does that tell us about banks that invest in mortgages, corporate bonds, emerging markets ?
They should have raised funds proactively, once Fed started to raise rates aggressively, but they waited and tried to raise funds only once they sold MBSes at a loss. As a result, market got spooked and they got hit with large amount of withdrawals.
You are right, though, fractional reserve is fractional reserve, it is all based on confidence. However, the question for most is: withdraw where? Apart from bitcoin, as we learn from the last year the answer is probably: who knows?
anyway management error, rapid rate rises are sure to generate losses in gov bonds detained; banks are under predictable tension presently, and supposed to be able to bear this new charge brought by FED, if too exposed.
March 12, 2023, 01:01:20 PM
March 12, 2023, 12:46:51 PM
Man I stopped fighting buddy and all hell broke loose.
I will continue to not contest buddy and hope for a more interesting effect.
I will say this SVB appears to have been targeted with a massive run by depositors.
Wonder what Mon and Tues bring us
I will continue to not contest buddy and hope for a more interesting effect.
I will say this SVB appears to have been targeted with a massive run by depositors.
Wonder what Mon and Tues bring us
Unless I missed something SVB had most of its money in government bonds. That's supposed to be the safest thing, aside from just holding cash I guess. But people want returns, so the bank has to do something with the money. They only incurred losses because they had to sell these bonds at lower than face value.
If a bank with the safest investments can be brought down by a bank run in a couple of days, what does that tell us about banks that invest in mortgages, corporate bonds, emerging markets ?
They should have raised funds proactively, once Fed started to raise rates aggressively, but they waited and tried to raise funds only once they sold MBSes at a loss. As a result, market got spooked and they got hit with large amount of withdrawals.
You are right, though, fractional reserve is fractional reserve, it is all based on confidence. However, the question for most is: withdraw where? Apart from bitcoin, as we learn from the last year the answer is probably: who knows?
March 12, 2023, 12:34:53 PM
Man I stopped fighting buddy and all hell broke loose.
I will continue to not contest buddy and hope for a more interesting effect.
I will say this SVB appears to have been targeted with a massive run by depositors.
Wonder what Mon and Tues bring us
I will continue to not contest buddy and hope for a more interesting effect.
I will say this SVB appears to have been targeted with a massive run by depositors.
Wonder what Mon and Tues bring us
Unless I missed something SVB had most of its money in government bonds. That's supposed to be the safest thing, aside from just holding cash I guess. But people want returns, so the bank has to do something with the money. They only incurred losses because they had to sell these bonds at lower than face value.
If a bank with the safest investments can be brought down by a bank run in a couple of days, what does that tell us about banks that invest in mortgages, corporate bonds, emerging markets ?
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