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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2244. (Read 26610735 times)

legendary
Activity: 3304
Merit: 8633
icarus-cards.eu
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
copper member
Activity: 1526
Merit: 2890
legendary
Activity: 2050
Merit: 1184
Never selling
Huh?
I am not into altcoins. But, WTF is happening in the market today?
Three stablecoins de-pegged. Stablecoins are not stable anymore.

https://coinmarketcap.com/currencies/usd-coin/ USDC Was traded for $0.877
https://coinmarketcap.com/currencies/multi-collateral-dai/ DAI Was Traded for $0.911
https://coinmarketcap.com/currencies/fei-usd/ FEI Was traded for $0.89.

FEI was de-pegged in 2021. But, This is the first time for USDC and DAI.

Hey, You. Yes, You. Haha, You were afraid of Bitcoin, and you were holding USDC?  Roll Eyes


USDC has exposure to Silvergate and Silicon Valley Bank. Basically USDC is no longer fully backed (if it ever was).

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1834
Merit: 4197
these banks...these so called stable cons..ffs...will they never learn


not your keys not your corns


legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 518
Merit: 547
Huh?
I am not into altcoins. But, WTF is happening in the market today?
Three stablecoins de-pegged. Stablecoins are not stable anymore.

https://coinmarketcap.com/currencies/usd-coin/ USDC Was traded for $0.877
https://coinmarketcap.com/currencies/multi-collateral-dai/ DAI Was Traded for $0.911
https://coinmarketcap.com/currencies/fei-usd/ FEI Was traded for $0.89.

FEI was de-pegged in 2021. But, This is the first time for USDC and DAI.

Hey, You. Yes, You. Haha, You were afraid of Bitcoin, and you were holding USDC?  Roll Eyes
legendary
Activity: 3010
Merit: 8114
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

No. All mining just moves outside of the US. More money goes to the Chinese.

The current administration appears to be financially incompetent (or actually malicious) so it's hard to discount this could happen.
Not many people can afford to move their mining operations out side to another country and I think this only applies to companies and not people like you and me who mine. Moving it to another country means you have to trust someone to run it for you or you have to put it in a house or location you own which is a security or cost problem that most people can not over come.

Moves not to be taken as literal movement of miners and companies but rather changes in proportions by locale. Some companies could actually move, of course but a large proportion would more likely close and auction off equipment. Competition with countries like China is already stiff.
jr. member
Activity: 234
Merit: 4
Pepemo.vip
According to Bitcoin experts Bitcoin will go between 35k to 40k very soon.
hero member
Activity: 518
Merit: 547
Please don't be mad at me guys Roll Eyes
I feel like BTC should go down further and give me a chance to buy at more dip.
I don't feel bad when BTC goes down. I am holding a small portion now and trying to accumulate more Sats at a low price.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1235
Merit: 1202
Think I'm officially bailing on Twitter.

Don't see any further need to use it given their heavy handed moderation. Got my own private relay working last night, downloaded the Nostrid software, and was able to start using it locally and really starting to have some fun.

I was amazed at how quickly a response I posted via my private node appeared on Iris.

What a time to be alive...

Nostr is awesome, anyone else on here using it? Be more than happy to share my NPub if there's other WO's hanging around Smiley
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
I was expecting BTC to confirm the technical double bottom of June 18th and November 09th one last time.
Now all this wind of news and fud is catching my sails, still I believe the bottom is in technically - just needs one more confirmation.
The only thing that has changed is that we are moving there faster now.

You must be new here.

Faster?

Have you been through BTC's historical violence, or you just want to sell some kind of a story that you are proclaiming to be happening?

I doubt that even close to 50 million Americans know what bitcoin is, even if some of them might own some.

Perhaps there are closer to 10 million American that might have significant exposure to bitcoin, and have some kind of actual clue about what it is and why they own it
I also agree with you that Americans are ahead in almost all aspects, I would like to add to you that people living in America are getting more benefits from every economic aspect. It seems to me that the real reason for this is that because America is economically prosperous, they get more of any economic advantage and in most cases get it first.

Seems to be a slightly different point from the one that I was making (or might have been implicitly making).. but I don't disagree with the point that you are making...   

There is only one place a government that wants to tax people's gains at 40% belongs and that is in a locked up dungeon.
Add a possible 30% tax on electricity used for cryptomining..

Biden plans to increase taxes to collect a whopping $5.5 trillion over the next decade.
suppose that 30% on electricity on btc miners will take place ... wouldn't it contribute to bitcoin scarcity due to some miners stop mining...

 add this to the recent news of Nuclear plant mining bitcoins in PA and it looks like someone is trying hard to eliminate competitors lol
Maybe there merely is a desire to incentivize miners to move their asses and assets to jurisdictions outside of the Estados Unidos?
True, JayJuanGee... but then, who will be voting for Joe in 2024?  Huh

I doubt that this is as much of a partisan issue as you are wanting to make it out to be.. even if there might well be a decent amount of seemingly partisan posturing.  Bitcoin gives few shits regarding what color tie you wear... so maybe not a bad idea to attempt to think about and frame some of the possible dilemmas, scares and tradeoffs in terms of the possible real battles, rather than bullshit partisan frameworks?

....as philipma1957 said on other occasions, seems bonds continue to damage Bitcoin price... if my retard brain understands it correctly
yeah.. you are retarded.

#justsaying.

 Cheesy Cheesy Cheesy Cheesy Cheesy
First off fuck you jjg
at nohomo

Lookie uie pooie getting all worked up and it is not even Thursday.

Go Figure?

i have the weds dca working my plan is to buy dips and dca till nov 2023 and hodl it. it will be close to 100x fiat units of btc.

but if you think I wont buy some i-bonds in april may you are wrong. I will.

Good for you.

Is anyone trying to interfere with your interpretation (no matter how crazy, or not, that it might be?) of your best life?

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