Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3846. (Read 26713333 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
This Is Now The Worst Drawdown on Record for Global Fixed Income
https://finance.yahoo.com/news/now-worst-drawdown-record-global-005215542.html

...aka pensions funds are on fire, "war" is the distraction from what will be a historic default on debt obligations in the West.

Quote
(Bloomberg) -- Global bond markets have suffered unprecedented losses since peaking last year, as central banks including the Federal Reserve look to tighten policy to combat surging inflation.

The Bloomberg Global Aggregate Index, a benchmark for government and corporate debt total returns, has fallen 11% from a high in January 2021. That’s the biggest decline from a peak in data stretching back to 1990, surpassing a 10.8% drawdown during the financial crisis in 2008. It equates to a drop in the index market value of about $2.6 trillion, worse than about $2 trillion in 2008.

The biggest lie told is : "work until 55-65 or more, then enjoy retirement with a great pension !, yay for you !".  That pension check, indexed or not, can't be relied upon.  that's why we have bitcoin 
legendary
Activity: 1834
Merit: 4197
some news if you can call it that brought to you byGAINZ Corp

Quote
JUST IN: "Never in my wildest dreams would I have thought that the US Government would be afraid of what we are doing here."

- President of El Salvador on #Bitcoin adoption 🇸🇻
https://twitter.com/mcshane_writes/status/1506750843340660736



-------

in the brrrrrrr dept

gas stamps and food vouchers...sounds familiar

Quote
The Governor’s proposal calls for $9 billion in tax refunds to Californians in the form of $400 direct payments per vehicle, capped at two vehicles. This package also provides $2 billion in broader relief
https://twitter.com/CAgovernor/status/1506730094345084931
https://www.gov.ca.gov/2022/03/23/governor-newsom-proposes-11-billion-relief-package-for-californians-facing-higher-gas-prices/

-------


the LUNA thing mentioned upthread from ivomm
https://bitcointalksearch.org/topic/m.59621638

--------


the evening wall report

a late session rally today has bitcoin retesting a key s/r zone at $43kish on positive volume    seems to be lots of bullish signals coming in but price stills seems reluctant to move out of this range    most waiting for clearer signals such as a higher high or a clear break below $38k support
 
sometimes you just have to roll the dice      imho if you not going ballz deep into bitcoin right now your nuckin futz        despite my previous short term bearish outlook i am totally bullish long term...this is known    just not sure what people will do when times get tough..and i do think times are going to get tough

dyor

4h


D

stronghands
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
This Is Now The Worst Drawdown on Record for Global Fixed Income
https://finance.yahoo.com/news/now-worst-drawdown-record-global-005215542.html

...aka pensions funds are on fire, "war" is the distraction from what will be a historic default on debt obligations in the West.

Quote
(Bloomberg) -- Global bond markets have suffered unprecedented losses since peaking last year, as central banks including the Federal Reserve look to tighten policy to combat surging inflation.

The Bloomberg Global Aggregate Index, a benchmark for government and corporate debt total returns, has fallen 11% from a high in January 2021. That’s the biggest decline from a peak in data stretching back to 1990, surpassing a 10.8% drawdown during the financial crisis in 2008. It equates to a drop in the index market value of about $2.6 trillion, worse than about $2 trillion in 2008.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-terras-bitcoin-gambit-key-to-decentralized-stablecoin-success/

... I'm not at all a fan of shitcoinery since many are blatant scams or follies ... but some of these algorithmic stablecoins and DeFi projects are technically sound efforts that follow the Austrian economics ethos of free-market money in the tradition of Hayek's "Denationalisation of Money", so I'm watching them with interest. This is a good article explaining current state of play for the more prominent of them.

Quote
The most tangible catalyst for the role reversal was the February $1B private token sale by LUNA’s nonprofit foundation, aimed at establishing a decentralized Bitcoin-denominated foreign reserve fund so that Terra stablecoins can be redeemable in Bitcoin and not only LUNA. Do Kwon later elaborated that UST’s Bitcoin reserves will eventually reach $10B, designed to ensure that the price of the stablecoins remain pegged to their fiat counterparts during sharp selloffs in crypto markets.11 As he explained in a Twitter “Spaces” on March 18: “At any given time you can trade in $1 worth Bitcoin and get $1 UST, and then you can trade in $1 UST for slightly less than $1 worth of Bitcoin. This preserves the property that this reserve will only be actively traded against when UST is off-peg to the downside, but it also preserves the property that as UST supply grows, the size of the Bitcoin reserves will grow linearly with it.”12 By giving UST holders the right to redeem for $1 worth of Bitcoin rather than only by minting new LUNA, it is possible that Terra has found an end-run around the “zero terminal value” argument made by most algo stablecoins bears. (fig. 4).

... this seems to be the key part of the detail to Terra's recent/future bitcoin buying.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
OFFICIAL – Luna Foundation confirms 6,000 #bitcoin purchase worth $250 million to back its UST stablecoin

https://twitter.com/BitcoinMagazine/status/1506683309388095491

They are planning to buy more with $1 bil. This was a tweet I noticed a couple of weeks ago. At first I was sceptical, but in this tweet there is a proof for this first purchase. More short squeezes in the next weeks are coming  Wink
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
We're nearing the end of March, so get ready for a bogus-ly positive sounding headline from the MSM.

Something something cease fire Ukraine/Russia negotiations blah blah blah. It will be bogus and tentative/ temporary, of course.

Stonks and bitcoin will jump 8-10% on the news, and then fall back a bit.

It will start the longer cycle of a slow, random walk upward in the markets til the end of the year, with lots of FUD flash crashes in between.

Prediction: Bitcoin at > $55k by Fall/Winter.

EDIT: You dummies predicting $100K by April need to quit sniffing glue. The Average Joe public has already forgotten all about Bitcoin and the crazy crypto shennanigans of 2021, just as the whales and the MSM intended. And it'll stay that way until the run up to the next halving. Use this downtime to accumulate even more btc.

Don't confuse my sending an smerit to your post to be an agreement of the actual prediction... even though I appreciate that you have a decently solid vision.... but you do seem to be a bit overly bearish regarding $100k coming in a shorter period of time.... ... .. and sure.. you could end up being correct that momentum never really takes hold .. even though you are not really ruling out $100k and above by fall/winter even though you are keeping your numbers quite a bit below $100k.. and even below $62k.. which might be our FOMO triggering number to the upside.. if your $55k ends up slipping a wee bit and we end up getting a wee bit higher than your expectations, then the momentum might become a bit harder to hold back.. ...

for sure I am not saying that I know anything.. but fall/winter seems a long time to ONLY be getting up to $55k...



My understanding is that if you put a red trust (mark) upon another member, then it is better practice to include a reference to your justification.. (it is not mandatory, just a kind of recommended better practice).  I have tended describe the problematic post or behavior in my own post and then to reference that post (that way the negative trusted member would not be able to delete my post, even though they may end up deleting the referenced post - and I don't personally care about that because I have already cited the relevant information in my own post).

Another possibility  is that you can reference one or the other of my earlier references (I have seen other members do this), but you run the risk of my deleting the referenced post.  So far, I have not deleted hardly any of my posts, so it seems quite unlikely that I would start deleting my posts any time soon.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
<…>
Llama has some kind of promise to pay fillippone.. I cannot remember the terms exactly... something about $100k or some other number up there in the 6 digits.. but fillippone surely would not be shy to remind anyone, including llama of such matter, if asked (having some senses of fillippone, anyone who wants to know don't even need to ask... hahahahaha).

Here:

<...>

Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.


Money is going to leave the bitcoin ecosystem over the next 12 months (and forever after on average). Bitcoin will never reach that price. If it does, I'll buy $10k worth and give it to you.

Quoted for reference.
Please someone help me remember when it happens!

Can’t wait. Not only for the 170k. But for the joy of leaving a positive feedback to Proudhon!
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
snip

Then how the hell is he so bitterly bearish on Bitcoin? If I was in his shoes I would be sleeping every night in a Bitcoin bed with Bitcoin pyjamas on my Bitcoin yacht.
Proudhon=mindrust. There is no way with his weak mentality to hold thousands of BTC's all these years and to be so bearish. He is like Smeagol chasing his lost precious and becoming twisted in his mind.

It is a good point. I don't buy he has 10s of millions or a whopping $100 million worth with the attitude he has here, unless he is shrouded in jewellery, has 10 naked women crawling over him constantly and is extremely cynical just for the sake of it because he is bored.

He mentioned a few times "I'll give you my last 0.1 BTC if you are right..." bs etc.

Who the fuck knows.

So far, when the llama makes an offer to pay BTC for some seemingly dumbass proposition that he makes, he has paid when he ended up being wrong (which I believe is every time, so far). 

Llama has some kind of promise to pay fillippone.. I cannot remember the terms exactly... something about $100k or some other number up there in the 6 digits.. but fillippone surely would not be shy to remind anyone, including llama of such matter, if asked (having some senses of fillippone, anyone who wants to know don't even need to ask... hahahahaha).
legendary
Activity: 3808
Merit: 7912
But I consider it less likely for that to happen then someone sending you the 3.69 btc

I'd give him 3.69 BTC if he ate my ass after I return from a Pancho's all-you-can-eat buffet.

Some people are into that. I stumble on such videos sometimes...

Makes me gag and I really don't get it, at least for the one eating the shit/vomit, I guess I can't kinda understand the pleasure of shitting on somebody.

I must say, though, 3.69BTC is tempting.

"stumble...  Wink

"gag"...  Wink

 Grin Grin Grin

Irony mode off, now.

I listened to a radio interview of a (female) scat-pornstar. She wasn't really into it, but she got offered a lot of money, so she got curious and tried. Later in the interview, she said the most interesting aspect for her were the various taste nuances. Generally, like men's poop tends to taste more "spicy" than women's scat.
And some other not quite delicate info i won't repeat here  Cheesy

For myself, i couldn't even try to taste a peanut sized piece of arsecream, not even for 3.69 BTC...




This won't age well in 10 years when you think about it, while BTCitcoin sits at 100 mill a pop and you could have had 360 mil. You could have washed your mouth with some vodka and cleaned your insides with a few shots of tequila for the bacteria. And for the viruses you could have ate some saturated fats. Cheesy Cheesy  Roll Eyes  Huh  Shocked

 I wanna say just make it a Manhattan - whiskey and sweet vermouth; skip the bitters because you're going to get it in spades with all that bile.
legendary
Activity: 3808
Merit: 7912
Weird, bitcoinity.org says "This domain name expired on 2022-03-23 15:20:23
Click here to renew it." But it still works on my phone. Is bitcoinity down for you too?



 I get that on my desktop.  No indication what "soon" means but I prefer to believe it refers to moon.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3808
Merit: 7912
But I consider it less likely for that to happen then someone sending you the 3.69 btc

I'd give him 3.69 BTC if he ate my ass after I return from a Pancho's all-you-can-eat buffet.

Some people are into that. I stumble on such videos sometimes...

Makes me gag and I really don't get it, at least for the one eating the shit/vomit, I guess I can't kinda understand the pleasure of shitting on somebody.

I must say, though, 3.69BTC is tempting.

"stumble...  Wink

"gag"...  Wink

 Grin Grin Grin

Irony mode off, now.

I listened to a radio interview of a (female) scat-pornstar. She wasn't really into it, but she got offered a lot of money, so she got curious and tried. Later in the interview, she said the most interesting aspect for her were the various taste nuances. Generally, like men's poop tends to taste more "spicy" than women's scat.
And some other not quite delicate info i won't repeat here  Cheesy

For myself, i couldn't even try to taste a peanut sized piece of arsecream, not even for 3.69 BTC...




   Reminds me of a time I followed a link and saw a woman dressed as cat woman kneeling in a plastic kiddie pool with a dude bent over in front of her speaking German.  Before I could close it, she was (I shit you not) saying, "Nom, nom, nom..."   That was about the time I asked my dad to stop forwarding me any of his e-mails.

 I found a TV-Y rated version of it - if you Smiley  (the best part is at 2:11)

https://youtu.be/Cqz9ZXUoUcE?t=131

Jump to: