Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2289. (Read 26708165 times)
March 11, 2023, 02:01:16 PM
March 11, 2023, 01:59:33 PM
I’ve started getting calls from friends, asking me how worried they should be about the current situation in crypto. I don’t know if that is a good thing as people are scared, and that signals the bottom, or if it is a horrible thing that we’re about to witness a global 2008 style collapse in all assets. My hope is that this is the time to buy when there’s blood in the streets but we will see.
Apart from the Circle, the area most affected is the venture capital, which is mostly nothing to do with "crypto".
So, you can tell them that reckless FED just shut down the world's engine of innovation, but yes, pizza and Coca-Cola are unaffected.
IMHO, collapse in all assets is more likely than not (or at least 50:50 chance), unless they manage to sell SVB to someone this weekend.
March 11, 2023, 01:43:00 PM
March 11, 2023, 01:39:48 PM
I’ve started getting calls from friends, asking me how worried they should be about the current situation in crypto. I don’t know if that is a good thing as people are scared, and that signals the bottom, or if it is a horrible thing that we’re about to witness a global 2008 style collapse in all assets. My hope is that this is the time to buy when there’s blood in the streets but we will see.
March 11, 2023, 01:18:38 PM
fallout in the banking sector continues with SVB being shut down by the fed
ties to the USDC and Circle sent the stablecoin plummeting yesterday, de-pegging to $0.91 at one point and setting up a short squeeze on the btc pair, which spiked over $26k on Kraken in late session trading.
https://cointelegraph.com/news/bitcoin-price-spikes-to-26k-in-usdc-terms-how-high-can-the-btc-short-squeeze-go
huh...weekend..banks closed...go figure....monday should be interesting
what a shitshow
---------------------------
the caturday morning wall report
plenty of volatility for all you knife catchers and throwers out there..
cannon fire appears effective... and on target....prepare to come about and load another volley
all ahead full
dyor
4h
D
stronghands
March 11, 2023, 01:01:21 PM
March 11, 2023, 12:01:16 PM
March 11, 2023, 11:57:40 AM
The only "Bitcoin expert" is (or was) Satoshi.
March 11, 2023, 11:27:45 AM
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?
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?
USDC has exposure to Silvergate and Silicon Valley Bank. Basically USDC is no longer fully backed (if it ever was).
https://www.zerohedge.com/crypto/usdc-stablecoin-breaks-peg-circle-admits-billions-stuck-svb
March 11, 2023, 11:01:17 AM
March 11, 2023, 10:46:16 AM
https://www.euronews.com/next/2023/03/11/silicon-valley-bank-collapse-fears-of-financial-crisis-after-bank-used-by-us-tech-sector-f
And so it begins
And so it begins
Bitcoin is so deep into US economy that only morons can think they can harm it and get away with it. No spot ETF, ban this ban that. Now let all US economy collapse, FED, SEC and fat neck bankers deserve it!
March 11, 2023, 10:36:05 AM
March 11, 2023, 10:25:51 AM
.....
looks like they use real money (BTC) to pay off debt.
looks like they use real money (BTC) to pay off debt.
I do that too.
Bitcoin is rat poison.
After all it’s so true!!!
https://www.reddit.com/r/Bitcoin/comments/11nu2ui/warren_buffett_bitcoin_is_rat_poison/
it would be great if Rentokil accepted Bitcoin After all it’s so true!!!
https://www.reddit.com/r/Bitcoin/comments/11nu2ui/warren_buffett_bitcoin_is_rat_poison/
I imagine they used to until that whole Dread Pirate Roberts thing.
March 11, 2023, 10:23:54 AM
OT: Good ol' Jim Cramer, still rug pulling clueless retail investors since the Bear Stearns fiasco and before.
CNBC's Jim Cramer eviscerated for touting Silicon Valley Bank weeks before disastrous collapse
https://www.foxnews.com/media/cnbcs-jim-cramer-eviscerated-touting-silicon-valley-bank-weeks-disastrous-collapse
Memba this? Pepperidge Farm 'members.
https://app.hedgeye.com/insights/70141-remember-this-jim-cramer-bear-stearns-is-fine-do-not-take-your-mon
CNBC's Jim Cramer eviscerated for touting Silicon Valley Bank weeks before disastrous collapse
https://www.foxnews.com/media/cnbcs-jim-cramer-eviscerated-touting-silicon-valley-bank-weeks-disastrous-collapse
Memba this? Pepperidge Farm 'members.
https://app.hedgeye.com/insights/70141-remember-this-jim-cramer-bear-stearns-is-fine-do-not-take-your-mon
Lol.
https://www.youtube.com/watch?v=i2d7gPelw58&ab_channel=MarkDice
March 11, 2023, 10:14:06 AM
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?
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?
Silicon Valley Bank 16 th largest in USA was forced to close by the feds.
200 billion in assets.
One of the largest US banks to ever fail.
Joe Biden and the Fed will continue the all out attack on “inflation”
and anyone betting that rates will drop in the next three adjustments will be crushed
March 22
May. 3
June. 14. are next three jumps
should be 0.50 each time
and late april early may new i-bond 8.3%
the good thing is eventually they will pivot. so buy dip and hodl. pivot will be nice.
March 11, 2023, 10:01:20 AM
March 11, 2023, 09:47:47 AM
Well, That's a good idea to teach them about Bitcoin. Not sure which grade it is. But, If they teach to all grade students.
That would be appreciated. Not sure if it's on all schools or only on one school. Even if it's on a One specific school. Claps for this school.
This was an high-school in Turin.
This was the first cycle of lessons and they had quite an high-level panel of Speakers (Giacomo Zucco, Alexis Filini et al.). I really can't see Giacomo touring Italian high-school to give this set of lectures, but for sure others can keep on the project, and also they are releasing all the video son YouTube, so that other school can have access to those lessons.
Here more informations, in Italian
I decided to open a thread on this initiative.
Maybe you know Italian, maybe you can use and AI based service to translate from Italian.
3 hour talk by Giacomo Zucco to start with!
Thread: Bit Generation by Polito
Course description (in English)
March 11, 2023, 09:01:45 AM
I just got off the phone with the CEO of Bitcoin and he said
ℕ𝕌𝕄𝔹𝔼ℝ𝕊
𝕎𝕀𝕃𝕃
ℂℍ𝔸ℕ𝔾𝔼
ℕ𝕌𝕄𝔹𝔼ℝ𝕊
𝕎𝕀𝕃𝕃
ℂℍ𝔸ℕ𝔾𝔼
you and your private line to the boss
showoff
March 11, 2023, 09:01:17 AM
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