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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5811. (Read 26710260 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
legendary
Activity: 3990
Merit: 4597
First, they forced the guy to commit suicide in lieu of imminent chemical castration ordered as a punishment for being gay.
Now they put him on a 50 pound note.
It's like...oopsie.."He wouldn't mind".
Just look at that...they like to celebrate the dead, not the living.

https://www.youtube.com/watch?v=JepmXCFFU_o
member
Activity: 69
Merit: 54
Is it just me, or is this the usual coindesk nonsense?

https://www.coindesk.com/market-wrap-bitcoin-slips-friday-6b-options-expiry

Quote
According to Messari research analyst Ryan Watkins, Ethereum is at risk of becoming “dollarized” because of the prevalence of stablecoins including tether (USDT) and USD coin (USDC).

“Ethereum has dollarized, and the dollar is ultimately controlled by the Federal Reserve, clouding dreams of an independent monetary system,” he wrote.

The market has taken notice, and one solution might be so-called non-pegged stablecoins. By sacrificing a “fixed exchange rate,” one of three points in a triangular currency model known as “the impossible trinity,”  a new type of stablecoin might be able to achieve an independent monetary policy.

Dai is a non-pegged stable coin, and works like a token to redeem collateral in makerdao.

At this rate, Coinbase and their USDC is going to be the new fed/dollar

What does "non-pegged stablecoin" (NPS) mean?
Stable as in... 1 NPS = 1 NPS?
It doesn't work that way.
Not unless you change the units from NPS to BTC.

legendary
Activity: 2520
Merit: 3038
Is it just me, or is this the usual coindesk nonsense?

https://www.coindesk.com/market-wrap-bitcoin-slips-friday-6b-options-expiry

Quote
According to Messari research analyst Ryan Watkins, Ethereum is at risk of becoming “dollarized” because of the prevalence of stablecoins including tether (USDT) and USD coin (USDC).

“Ethereum has dollarized, and the dollar is ultimately controlled by the Federal Reserve, clouding dreams of an independent monetary system,” he wrote.

The market has taken notice, and one solution might be so-called non-pegged stablecoins. By sacrificing a “fixed exchange rate,” one of three points in a triangular currency model known as “the impossible trinity,”  a new type of stablecoin might be able to achieve an independent monetary policy.

What does "non-pegged stablecoin" (NPS) mean?
Stable as in... 1 NPS = 1 NPS?
It doesn't work that way.
Not unless you change the units from NPS to BTC.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Tomorrow it is option expiry at Deribit and CME:

Quote

https://twitter.com/BTC_Archive/status/1375206135406415874?s=20

Not sure this is anything more than a coincidence, as I try to explain in another post but worth keeping an eye on it.





it is a nice pattern.  lets hope for a repeat.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
Tomorrow it is option expiry at Deribit and CME:

Quote

https://twitter.com/BTC_Archive/status/1375206135406415874?s=20

Not sure this is anything more than a coincidence, as I try to explain in another post but worth keeping an eye on it.



legendary
Activity: 2478
Merit: 1220
Privacy Servers. Since 2009.
It’s in.......deal with it




Holy shit! She's working out getting ready for the 100k party?  Cool
full member
Activity: 1400
Merit: 133
Precision Beats Power and Timing Beats Speed.

LMFAO, the dude saying that is even more irrelevant than the people he talks about  ( Uses Twitter to be a Moron Cheesy )


WHERE WOULD BITCOIN BE WITHOUT INFLUENCERS ?!
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
It’s in.......deal with it


legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas

Holy shit!
Facebook did not take on MySpace by saying there needs to be a public social media.

Offer something better than Google. Stop whining and just do it better. Don't ask the government to help you.

I don't use Google for their search engine anymore. Try duck.

duckduckgo still uses Google's search results. They just don't use it to spy on you.

I've tried other search sites, it's true that they're missing a lot. I even considered setting up my own crawler to crawl sites I'm interested in as I figure eventually Google will start filtering out sites I'm interested in.
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!

Wow, yes.  If this even comes CLOSE to living up to the promise it is a sleeper world changer...

If Bitcoin:Fiat as Email:Postal mail then this is like realizing you can send an MP3 as an attachment.
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Just stop dumping will you!!
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Early hodlsleep. Too tired to keep my eyes open, and my back fucking hurts.
Have a good time (and don't even think about killing those cute lil Alpacas)!
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto

Holy shit!
Facebook did not take on MySpace by saying there needs to be a public social media.

Offer something better than Google. Stop whining and just do it better. Don't ask the government to help you.

I don't use Google for their search engine anymore. Try duck.
legendary
Activity: 2310
Merit: 1422
Bought $500 at the bottom around $50390.
 Cool
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
..the dumb ideas contained therein end up coming true.

...a classic misnomer.
Blows up on his/hers/its own petard..and lives to tell the tale as if nothing happened, lol.
This phrase is a clear candidate for adoption (slightly below HODL in significance...yet).
In fact, this is EXACTLY what most of the Street keep saying about bitcoin.

yes.. exactamente, Biodom...

You are seemingly starting to get it... slowly, slowly, slowly..

You are coming around....



The street.


Fuck the street.

The street has been poo pooing bitcoin in varying degrees for at least 10 years, and if they had engaged in a wee bit of DCAing into bitcoin at any time in those 10 years (excepting the past 6 weeks), they would at minimum be UP at current BTC prices of a bit over $52k.. and surely, the longer that they had been DCA'ing into BTC, the more they would be UP, currently... and furthermore, the investment into bitcoin has so far been so damned asymmetrical to the upside that it would not have taken very large investments into bitcoin (relatively speaking) in order to be considerably UP in terms of overall value and in terms of comparing to most (if not all) asset classes.

In any event, you would have to consider the contents of my various earlier posts in regards to the use of calendar considerations.. namely March to perhaps attempt to understand what I am referring to when I had used the description of "the dumb ideas contained therein end up coming true."

But, why would you care Biodom?  You like to present matters out of context frequently for funzies, no?  Hopefully, not too many folks get confused by your funzy attempts.. and your seemingly many ongoing sympathies for what wall street thinks or may be thinking in connection to our lil buddy.. aka honey badger, aka king daddy, aka bitcoin.

After a day of non-stop working, my wife just ranted that i told her to buy some corn, before the price went down.
She said: If you wouldn't have stressed me to do it, i could buy now at a better price...

I replied: Look: Bitcoin is volatile. This made your initial investment go about x20 over three and a half years. Now your gains are only x18 (at the moment), so what exactly are you unhappy about? You think about a gain like it's a loss. You should probably start to think in terms of BTC instead of money.

She said: You're right. It's better to think about it this way.

Good girl  Cool

People need to be reminded on a regular basis, and from time to time (especially when the price is dipping) many of us are guilty of getting into bad frameworks and forgetting about some bigger picture details.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Good morning WO!
Observing @ $55,920

bleh.

so much for the much vaunted "stimmy checks to btc" theory.

more like those who didnt get stimmy checks took that amount out of their btc holdings for one reason or another to make up for it.

i call this new theory "the proudhon theory" (with an assist from mindrust).
Where the F mindrust is?
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