Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2487. (Read 26711016 times)
January 18, 2023, 10:01:19 PM
January 18, 2023, 09:48:48 PM
If the Bitcoin poles are green, feel very happy to yourself. For example, there is no problem if the road signal or traffic signal is green while driving on the road. But if there is a red light signal, all the vehicles are stopped, and in the case of Bitcoin, if the red spot is seen more, people's will to invest is broken. But we came in 2022 and got some green signal in January and this moment is very happy in itself.
January 18, 2023, 09:30:49 PM
Bitcoin Running price 20,7k dollar.
Slightly down market.....
Slightly down market.....
January 18, 2023, 09:08:37 PM
so thats bad news for Gemini as well.
hopefully this is the last of this shit show from 2022
January 18, 2023, 09:01:17 PM
January 18, 2023, 08:15:14 PM
EVERYTHING IS TEMPORARY AND EVERYTHING WILL SLIDE BUUUUUTT LOVE, LOVE IS FOREVER. Love never dies
FUCKING IDIOT
THE NOW IS ETERNAL, YES
LOVE IS NOT, SORRY
#infinityhaiku
What an Imbecile... what is required that Humanity reaches new hights ? 😉 i bet you will say Beetkojn.. but its not its something else .
January 18, 2023, 08:01:16 PM
January 18, 2023, 07:01:20 PM
January 18, 2023, 06:01:16 PM
January 18, 2023, 05:49:59 PM
Looking good above $21,000 right now. Yesterday was the 14th consecutive daily green candle which was apparently the second best daily green candle streak in bitcoin’s history. Quite incredible really, would have been better if it was in late 2021 instead though 
Where we go next is anybodies guess, you would expect a pullback & retest of $20,000 or maybe slightly low. A higher low than we have seen perhaps, then pump to higher than $22,0000 hopefully.
As always (well since I sold some any way) no emotion.
Where we go next is anybodies guess, you would expect a pullback & retest of $20,000 or maybe slightly low. A higher low than we have seen perhaps, then pump to higher than $22,0000 hopefully.
As always (well since I sold some any way) no emotion.
Sold a piece myself. we did a mining distribution which I sold a piece of it.
Sideways with a slight up trend is okay for me.
from google search : fed rate adjustment schedule
2023 FOMC Meetings
Jan/Feb. 31-1.
March. 21-22*
May. 2-3.
June. 13-14*
July. 25-26.
September. 19-20*
Oct/Nov. 31-1.
December. 12-13*
So the Jan 31-Feb 1 number is coming up.
and the Debt ceiling will be hit this week. 31.4 trillion
https://www.nytimes.com/article/debt-ceiling-us-economy.html
fucking number is unreal.
32 trillion/8 billion = 4000 thousand for every human on earth.
I think these events may help this smallish pump some more.
Don't be shifting the debt over to us! We have our own $900 Billion problem here!
32T / 334M = $95,808.00 for every one person in the USA
It is crazy numbers, especially when you look back a realise USA debt was only 5.6B in 2000 or $19.85USD for one person in the USA (282M)
I read somewhere world debt is about 226 trillion
source
https://www.imf.org/en/Blogs/Articles/2021/12/15/blog-global-debt-reaches-a-record-226-trillion
but that is private companies and government and people combined
that is 226 trillion/8 billion = 28,250 a piece
January 18, 2023, 05:01:16 PM
January 18, 2023, 04:57:21 PM
Hopefully no WO peops got caught here, we have always warned NYK in these here parts and I specifically remember the gemini lending questions in here.
I hope so too, although, over the years I've found myself becoming more desensitized and cynical when it comes to the handling of BTC. I see the loss of coins due to FTX, Celsius, Luna, now Gemini, as a kind of filtering mechanism, a "survival of the fittest" type thing. Maybe even a "good" thing. In the end, it's impossible to stop it from happening. There will always be shitcoiners and those who are greedy enough to lend their BTC to companies for profit. And there will always be SBFs and FTXs, that take advantage of coiners' ignorance and greed. Cruel and insensitive as I may sound, I won't feel sorry for those who lose their coins that way.
January 18, 2023, 04:01:20 PM
January 18, 2023, 03:23:12 PM
***CRYPTO FIRM GENESIS IS SAID TO PLAN BANKRUPTCY FILING***
News from Bloomberg:
Crypto Firm Genesis Said to Prepare Bankruptcy Filing This Week
The crypto lending unit of DCG could file as soon as this week
Turmoil left Barry Silbert in a public battle with Winklevoss
By Rachel Butt and Olga Kharif
(Bloomberg) --
Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.
The cryptocurrency lending unit of Digital Currency Group has been in confidential negotiations with various creditor groups amid a liquidity crunch. It has warned that it may need to file for bankruptcy if it fails to raise cash, Bloomberg previously reported.
Representatives at Genesis Global Capital didn’t immediately respond to requests for comment. A representative for DCG declined to comment. Talks are ongoing and plans could change, the people added.
Financial pressure at Barry Silbert’s DCG began to emerge after the collapse of hedge fund Three Arrows Capital. Genesis suspended withdrawals in November, soon after crypto exchange FTX — where Genesis held some of its funds — filed for bankruptcy. The failures have had ripple effects on crypto exchange Gemini Trust, run by Cameron and Tyler Winklevoss. Gemini Earn — a service that let Gemini’s users get yield for lending out their coins through Genesis — stopped redemptions as well.
Creditors, Genesis and DCG exchanged several proposals, but have so far failed to come to an agreement, the people said. Kirkland & Ellis and Proskauer Rose have been advising groups of creditors.
DCG told shareholders that it’s suspending quarterly dividends in an effort to conserve cash, according to a Jan. 17 letter to shareholders seen by Bloomberg
Well of course, all of Barry's wealthy friends all got out during the run up. Left the plebs holding the bag.News from Bloomberg:
Quote
Crypto Firm Genesis Said to Prepare Bankruptcy Filing This Week
The crypto lending unit of DCG could file as soon as this week
Turmoil left Barry Silbert in a public battle with Winklevoss
By Rachel Butt and Olga Kharif
(Bloomberg) --
Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.
The cryptocurrency lending unit of Digital Currency Group has been in confidential negotiations with various creditor groups amid a liquidity crunch. It has warned that it may need to file for bankruptcy if it fails to raise cash, Bloomberg previously reported.
Representatives at Genesis Global Capital didn’t immediately respond to requests for comment. A representative for DCG declined to comment. Talks are ongoing and plans could change, the people added.
Financial pressure at Barry Silbert’s DCG began to emerge after the collapse of hedge fund Three Arrows Capital. Genesis suspended withdrawals in November, soon after crypto exchange FTX — where Genesis held some of its funds — filed for bankruptcy. The failures have had ripple effects on crypto exchange Gemini Trust, run by Cameron and Tyler Winklevoss. Gemini Earn — a service that let Gemini’s users get yield for lending out their coins through Genesis — stopped redemptions as well.
Creditors, Genesis and DCG exchanged several proposals, but have so far failed to come to an agreement, the people said. Kirkland & Ellis and Proskauer Rose have been advising groups of creditors.
DCG told shareholders that it’s suspending quarterly dividends in an effort to conserve cash, according to a Jan. 17 letter to shareholders seen by Bloomberg
Hopefully no WO peops got caught here, we have always warned NYK in these here parts and I specifically remember the gemini lending questions in here.
January 18, 2023, 03:01:17 PM
January 18, 2023, 02:53:13 PM
***CRYPTO FIRM GENESIS IS SAID TO PLAN BANKRUPTCY FILING***
News from Bloomberg:
Crypto Firm Genesis Said to Prepare Bankruptcy Filing This Week
The crypto lending unit of DCG could file as soon as this week
Turmoil left Barry Silbert in a public battle with Winklevoss
By Rachel Butt and Olga Kharif
(Bloomberg) --
Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.
The cryptocurrency lending unit of Digital Currency Group has been in confidential negotiations with various creditor groups amid a liquidity crunch. It has warned that it may need to file for bankruptcy if it fails to raise cash, Bloomberg previously reported.
Representatives at Genesis Global Capital didn’t immediately respond to requests for comment. A representative for DCG declined to comment. Talks are ongoing and plans could change, the people added.
Financial pressure at Barry Silbert’s DCG began to emerge after the collapse of hedge fund Three Arrows Capital. Genesis suspended withdrawals in November, soon after crypto exchange FTX — where Genesis held some of its funds — filed for bankruptcy. The failures have had ripple effects on crypto exchange Gemini Trust, run by Cameron and Tyler Winklevoss. Gemini Earn — a service that let Gemini’s users get yield for lending out their coins through Genesis — stopped redemptions as well.
Creditors, Genesis and DCG exchanged several proposals, but have so far failed to come to an agreement, the people said. Kirkland & Ellis and Proskauer Rose have been advising groups of creditors.
DCG told shareholders that it’s suspending quarterly dividends in an effort to conserve cash, according to a Jan. 17 letter to shareholders seen by Bloomberg
Well of course, all of Barry's wealthy friends all got out during the run up. Left the plebs holding the bag. News from Bloomberg:
Quote
Crypto Firm Genesis Said to Prepare Bankruptcy Filing This Week
The crypto lending unit of DCG could file as soon as this week
Turmoil left Barry Silbert in a public battle with Winklevoss
By Rachel Butt and Olga Kharif
(Bloomberg) --
Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.
The cryptocurrency lending unit of Digital Currency Group has been in confidential negotiations with various creditor groups amid a liquidity crunch. It has warned that it may need to file for bankruptcy if it fails to raise cash, Bloomberg previously reported.
Representatives at Genesis Global Capital didn’t immediately respond to requests for comment. A representative for DCG declined to comment. Talks are ongoing and plans could change, the people added.
Financial pressure at Barry Silbert’s DCG began to emerge after the collapse of hedge fund Three Arrows Capital. Genesis suspended withdrawals in November, soon after crypto exchange FTX — where Genesis held some of its funds — filed for bankruptcy. The failures have had ripple effects on crypto exchange Gemini Trust, run by Cameron and Tyler Winklevoss. Gemini Earn — a service that let Gemini’s users get yield for lending out their coins through Genesis — stopped redemptions as well.
Creditors, Genesis and DCG exchanged several proposals, but have so far failed to come to an agreement, the people said. Kirkland & Ellis and Proskauer Rose have been advising groups of creditors.
DCG told shareholders that it’s suspending quarterly dividends in an effort to conserve cash, according to a Jan. 17 letter to shareholders seen by Bloomberg
January 18, 2023, 02:08:05 PM
January 18, 2023, 02:01:18 PM
January 18, 2023, 01:38:32 PM
***CRYPTO FIRM GENESIS IS SAID TO PLAN BANKRUPTCY FILING***
News from Bloomberg:
Crypto Firm Genesis Said to Prepare Bankruptcy Filing This Week
The crypto lending unit of DCG could file as soon as this week
Turmoil left Barry Silbert in a public battle with Winklevoss
By Rachel Butt and Olga Kharif
(Bloomberg) --
Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.
The cryptocurrency lending unit of Digital Currency Group has been in confidential negotiations with various creditor groups amid a liquidity crunch. It has warned that it may need to file for bankruptcy if it fails to raise cash, Bloomberg previously reported.
Representatives at Genesis Global Capital didn’t immediately respond to requests for comment. A representative for DCG declined to comment. Talks are ongoing and plans could change, the people added.
Financial pressure at Barry Silbert’s DCG began to emerge after the collapse of hedge fund Three Arrows Capital. Genesis suspended withdrawals in November, soon after crypto exchange FTX — where Genesis held some of its funds — filed for bankruptcy. The failures have had ripple effects on crypto exchange Gemini Trust, run by Cameron and Tyler Winklevoss. Gemini Earn — a service that let Gemini’s users get yield for lending out their coins through Genesis — stopped redemptions as well.
Creditors, Genesis and DCG exchanged several proposals, but have so far failed to come to an agreement, the people said. Kirkland & Ellis and Proskauer Rose have been advising groups of creditors.
DCG told shareholders that it’s suspending quarterly dividends in an effort to conserve cash, according to a Jan. 17 letter to shareholders seen by Bloomberg
News from Bloomberg:
Quote
Crypto Firm Genesis Said to Prepare Bankruptcy Filing This Week
The crypto lending unit of DCG could file as soon as this week
Turmoil left Barry Silbert in a public battle with Winklevoss
By Rachel Butt and Olga Kharif
(Bloomberg) --
Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.
The cryptocurrency lending unit of Digital Currency Group has been in confidential negotiations with various creditor groups amid a liquidity crunch. It has warned that it may need to file for bankruptcy if it fails to raise cash, Bloomberg previously reported.
Representatives at Genesis Global Capital didn’t immediately respond to requests for comment. A representative for DCG declined to comment. Talks are ongoing and plans could change, the people added.
Financial pressure at Barry Silbert’s DCG began to emerge after the collapse of hedge fund Three Arrows Capital. Genesis suspended withdrawals in November, soon after crypto exchange FTX — where Genesis held some of its funds — filed for bankruptcy. The failures have had ripple effects on crypto exchange Gemini Trust, run by Cameron and Tyler Winklevoss. Gemini Earn — a service that let Gemini’s users get yield for lending out their coins through Genesis — stopped redemptions as well.
Creditors, Genesis and DCG exchanged several proposals, but have so far failed to come to an agreement, the people said. Kirkland & Ellis and Proskauer Rose have been advising groups of creditors.
DCG told shareholders that it’s suspending quarterly dividends in an effort to conserve cash, according to a Jan. 17 letter to shareholders seen by Bloomberg
January 18, 2023, 01:04:33 PM
Looking good above $21,000 right now. Yesterday was the 14th consecutive daily green candle which was apparently the second best daily green candle streak in bitcoin’s history. Quite incredible really, would have been better if it was in late 2021 instead though
Where we go next is anybodies guess, you would expect a pullback & retest of $20,000 or maybe slightly low. A higher low than we have seen perhaps, then pump to higher than $22,0000 hopefully.
As always (well since I sold some any way) no emotion.
Where we go next is anybodies guess, you would expect a pullback & retest of $20,000 or maybe slightly low. A higher low than we have seen perhaps, then pump to higher than $22,0000 hopefully.
As always (well since I sold some any way) no emotion.
We may see something new in Bitcoin in 2023. I don't know why it looks like Bitcoin may set a new record this year. If Bitcoin hits a new record, it will be good for everyone. Cryptocurrency market conditions will improve.
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