Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[serveria.com]

Tether is NOT Bitcoin. So we're not affected by this tether shit (or less affected than some peeps here would love to think).

Meanwhile, we're witnessing some nice pump. $50k by the end of the week. Would love to hear some comments from our beloved proud honey on this? Let me guess: Bitcoin is not going higher than $50k and if it will it's just another dead cat bounce and won't last long... 

[B1tUnl0ck3r]

@jayjuangee, I love your personnal memo: "ESG, KYC & AML are attack vectors on Bitcoin"

however it doesn't mean that those vectors will work, we just have to outsmart them, and frankly they are in the process of self destruction... so what ever they say, don't trust them, what ever they do, know it's a trick, do your own research and  as always : question more.

[Toxic2040]

the noon wall report



dyor

1h



4h

stronghands

[gembitz]

chainsaw escape pod tether yeeeeeeeet

[B1tUnl0ck3r]

What's the biggest surface on which a bitcoin chart was ever displayed? when, how big and where? proof picture or it didn't happened...

[serveria.com]

What's the biggest surface on which a bitcoin chart was ever displayed? when, how big and where? proof picture or it didn't happened...

Your buttcheeks? 

[B1tUnl0ck3r]

What's the biggest surface on which a bitcoin chart was ever displayed? when, how big and where? proof picture or it didn't happened...

to really make it yuge, we could use decentralized screen, each screen at the same time diffuse a day in the bitcoin continuous price history, or if we are enough, even an sec bar chart of a few minutes... and so each little screen, together, would be the biggest decentralized display of bitcoin price history the world has ever seen.......

[fr4nkthetank]

I say BTC 50k by monday.  Everytime there is bad news, poly hack, stock markets down, sec regulation and so on and so forth, price just doesnt really dump more than a few %.  bullish

[ChartBuddy]

Explanation

[ivomm]

Greetings from  my vacay!

[JayJuanGee]

@jayjuangee, I love your personnal memo: "ESG, KYC & AML are attack vectors on Bitcoin"

however it doesn't mean that those vectors will work, we just have to outsmart them, and frankly they are in the process of self destruction... so what ever they say, don't trust them, what ever they do, know it's a trick, do your own research and  as always : question more.

Fair enough.. Yes. 

Maintain healthy skepticisms regarding various systems (whether governmental or private institutions) that force bitcoin users into various kinds of having to identify themselves for the mere sake of it.. or trying to cause the reporting of activities that are have a lot of potential personal privacy compromises and even personal security concerns. 

Yes, many of us prefer to use a door when we are using the restroom, maintain curtains in our house, or even maintain a wall, door or curtain while engaging in intimate interactions with other people (or ourselves), but use of those barriers that we create (frequently on purpose) does not mean that we are hiding things/activities/location/behaviors that others have any kind of reasonable right or need to know.

What's the biggest surface on which a bitcoin chart was ever displayed? when, how big and where? proof picture or it didn't happened...

Your buttcheeks? 

'

hahahaha

Could be a kind of free form association?

I was thinking "on your moma"

I say BTC 50k by monday.  Everytime there is bad news, poly hack, stock markets down, sec regulation and so on and so forth, price just doesnt really dump more than a few %.  bullish

What about the news (from 6 years ago) about tether?  What does that do?

 

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Heater]

Tethershit coin is a threat to financial stability.  The whole thing is basically a scam, its not 1USDT=1USD, at all.  If it was then Outstanding Tether = same number in USD cash.  It is not.  
USD cash in tether is about 2.9%, add fiduciary deposits = 21% of the total.

Here is the breakdown with my analysis

3% actual cash + fiduciary deposits = 21% USD
12% is "secured loans"  ==  They bought big houses in the caribbean
10% precious metals/corporate loans == They bought Gold and stashed it
1.5% shitcoins ==  They bought shitcoins to pump and dump
5% TBills, reverse repo notes ==  could count as cash but interest bearing

AND roughly

50% Commercial Paper == +30 Billion == I will admit there is 1.1 Trillion outstanding in commercial paper, however that is close to 3% of all the outstanding commercial paper in the US.
Add USDC, maybe 5% of all commercial paper is held by usdt+usdc

If crypto market goes x5, stablecoins x5, then 25%...you get the picture.  Commercial paper is what enables you to have a paycheck at the end of the week by the way.
my2satoshis

Tether is trading on FTX at 1.0001 right now with 24h volume of $48b
That's what the market is telling us about Tether.

[OgNasty]

Tether is trading on FTX at 1.0001 right now with 24h volume of $48b
That's what the market is telling us about Tether.

Indeed.  The crash down to sub-$30K was a pretty good stress test on the market in the short term.  I think if Tether was going to implode it would have been then.  I don't think we'll see any major concerns about Tether again until we see a bubble start to deflate quickly.  Even then, Tether has been scrutinized enough by this point to where they must have a more solid footing than some would have us believe.  They also have the added benefit of being able to use market doubt to profit by cashing in their balance sheet/reserves in the event the price of Tether did crash.

[ChartBuddy]

Explanation

[Elwar]

"We spent $2.26 trillion over 20 years in Afghanistan which has a population of 37.5 million which is $60,267 per capita. Afghan per capita GDP is about $500 by exchange rates and $2,000 by PPP (purchasing power parity). If we use the higher latter number, we could have provided 30 years worth of income for every single person living in Afghanistan instead of 20 years of war, or more than doubled living standards by 150% for 20 years.  Another perspective, at 4 persons per family, we could have built each family in Afghanistan a $241,000 manson (a new apt in Kabul costs say $25k).  The irony too is that the CIA started the Taliban to fight the soviets.  Anyways, what an immense waste, normal whenever gov. touches anything."

https://www.zerohedge.com/geopolitical/taliban-official-confirms-no-democracy-afghanistan-council-will-likely-rule?commentId=27fdc2c6-0b3e-4f01-a91e-59357831d0e1

almost the entire cryptos market cap

I have a theory that if a nation's enemy were to pay every person between 18 and 40-50 to not work for a decade or so, you would destroy their economy and it would likely never recover as there would be a cultural shift based around being unproductive.

And some people actually want to do that to their own nation.

[marcus_of_augustus]

^^^ kill them with kindness, it's the essence of the communist social attack!

Bitcoin fixes this ... 50K by september looking at this action ... Wall looks ugly though

[ChartBuddy]

Explanation