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1361  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2021, 03:17:56 PM
My birthday today, I'm now 60, got celebrated by the family earlier.
I didn't really care that much when I turned 50, but 60 does make me feel a bit old.
O well,nothing I can do about it, back to the internet and my model rocket rabbithole.

Congratulations!

You know that saying about old fools, right?

"You don't get to be old by being a fool."  Cheesy
1362  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2021, 01:50:50 AM
So who here actually believes the $1.9T "stimulus package" will be printed at the 2.19% 30T interest rate?

Bueller?  Grin
1363  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2021, 12:54:31 AM
So much for Lambos. Carvana totally fucked up my car purchase and it was only a used VW. Bonus in Bitcoin tripling between when I withdrew the funds for purchase and when it almost happened.

I'm a VW fan. Which model?

It was a TDI Sportwagen. Still is, I guess Smiley . They delayed delivery three times so I cancelled. Then I saw they'd actually got it fairly close so I called to give them another chance but apparently they're not competent enough to swing that so it's showing as purchased by someone else now. Ah well, there are other cars. Cashing out for nothing stings though.

I'm hoping someone local bought it so at least they'd be screwed out of the delivery charge for getting it from Nevada.

Cool...I'm a GTI/GLI fan. Currently have GLI. Love it.
1364  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2021, 12:10:39 AM
So much for Lambos. Carvana totally fucked up my car purchase and it was only a used VW. Bonus in Bitcoin tripling between when I withdrew the funds for purchase and when it almost happened.

I'm a VW fan. Which model?
1365  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2021, 12:08:45 AM
OT: It's laughable that people put any faith or trust in what the MSM has to say about the economy or markets.

Saw this on CNBC.com, two article headlines, same page, literally side-by-side:



1366  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2021, 09:08:18 PM
Forgot to mention, met these two dudes at a club last night. Pretty cool guys. Said they were brothers visiting from out of town.



Daaammn...Milli Vanilli have not aged well.
1367  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2021, 05:49:12 PM

Wth is 'illiquid supply' and why is it tracked separately from 'liquid supply'?
1368  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2021, 04:03:20 PM
Welp, if anyone is still questioning if some exchanges out there are running fractional reserve bitcoin, or even phantom bitcoin, here's the proof:

Crypto Exchange Asks Customers To Return Bitcoin After Selling It At 88% Discount

https://finance.yahoo.com/news/crypto-exchange-asks-customers-return-063545374.html

Quote
“It’s very understandable that a lot of users will feel upset they were able to buy what they thought an order was there for Bitcoin at very low prices. But unfortunately, the underlying Bitcoins were never in the possession of the exchange, so there’s never really anything there to be bought or sold, unfortunately.”, said PDAX CEO Nichel Gaba in a press conference earlier today.
1369  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2021, 12:07:20 AM

Calling him dangerously insane because he argues for synthetic beef isn't a great starter. Producing beef is incredibly wasteful, not to mention you have to butcher an animal.

I guess one could argue that it's dangerous because it's unnatural - but then look around you, your entire world is unnatural. Microplastics in your tap water, VOCs from your home's building materials, what's a little a synthetic meat in the mix?

And then the next thing you know...

1370  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2021, 11:00:23 PM
imVERYho .... I think people are way over reacting about a 25-ish dip which has been looking around the corner for weeks....

When we where at 9k-celebrating Vegeta, we where dreaming of a moment when 10k drop occur and still where feestable ffs get a grip
  Kiss Kiss

Totally agree . Please change your hat  Smiley


Maybe getting a dude with laser eyes as well if i'm a good boy Cheesy

Laser Eyes should be forbidden now. don't play with things you are not able to handle.  Roll Eyes

1371  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2021, 02:17:27 PM

Are you seriously coming back to this thread after all this time to start this shit again. Fork off!

Checks for admin or mod flair. Observes none. Disregards gatekeeping attempt.

Some people get really uncomfortable hearing views which don't agree with their own. It's the curse of this age.

I got a better idea, Richy. Why don't you leave the block size issue up to the Bitcoin core developers to decide what/when/how to do about it?

Ok? Instead of coming back here just to kick an old hornet's nest with the WO peeps?

It's not like *we* have any control over it anyway. There's no point in even debating it here.
1372  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2021, 01:59:28 PM
https://www.cnbc.com/2021/02/23/bitcoin-btc-price-falls-below-50000-as-janet-yellen-raises-alarm.html

Quote
"“It’s a virtual forest fire,” said Glen Goodman, a U.K.-based trade. “The wood was bone-dry and waiting for a spark. Elon Musk was that spark.”

“Crypto futures traders were borrowing so much money to buy Bitcoin contracts, they caused borrowing rates to skyrocket,” Goodman added. “By Saturday 20th Feb, they were paying 144% per annum. Clearly that situation couldn’t continue. In those conditions, prices have to fall to shake out the over-optimistic borrowers and return borrowing rates to normal levels.”

Bitcoin has been getting traction from mainstream investors, in part because of the perception that it’s a store of value similar to gold. Bullish investors claim the cryptocurrency can act as a hedge against rising inflation.

But skeptics warn that bitcoin has no intrinsic value and is one of the biggest market bubbles in history. Analysts at JPMorgan last week said bitcoin was an “economic side show” and that crypto assets rank as the “poorest hedge” against significant declines in stocks."

Laughable how they always end every Bitcoin article with the negative thought.
1373  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2021, 01:38:46 PM
Bill Gates On Investing In Bitcoin: 'If You Have Less Money Than Elon, You Should Probably Watch Out'
https://finance.yahoo.com/news/bill-gates-investing-bitcoin-less-095518862.html

You hear that Average Joe? The wealthy elites have billions of $$$ to throw around on speculative scams like bitcoin.

But you're poor, so you better not do it too.

Stay the fk away from Bitcoin, or else lose all your (poor man's) money! /s   Roll Eyes
1374  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 22, 2021, 10:20:24 PM
So true.


https://twitter.com/pierre_rochard/status/1363690904998010882
1375  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 22, 2021, 10:16:47 PM
And on slightly less good news: It looks like Daft Punk has ended their run.

https://www.youtube.com/watch?v=DuDX6wNfjqc

As they say, drat. Off to find my copy of Random Access Memories....

R.I.P.
The video left me speechless.


Weird...I had just read the other day that they had been tapped to do the soundtrack for the upcoming 'Tron: Ares' movie.
1376  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 22, 2021, 04:19:51 PM
Sorry, but some of you guys here talking about "institutional investors are selling" are still at the Mt. Stupid level of understanding.

Any large institutional investor that takes up a big long position in bitcoin:

1. Is not going to sell mere days, weeks, or months after doing so. They are in it for the long haul.... years.

2. Went through months of internal dialogue, planning, board decisions, and a fucking *mountain* of legal & regulatory hurdles, sessions, paperwork, fees & other costs, etc. just to take up said btc position. You really think after all of that, they're just going to turn around a few weeks or months later and YOLO dump everything on the open market? Really?
1377  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 22, 2021, 02:48:48 PM
It's always comforting to know that this market can panic sell 8-10% just by someone moving some coins around.  Roll Eyes

Btw, this is bullish.

1378  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2021, 08:48:04 PM
Plus the CNN narrative and choir are not going to very warm towards bitcoin.  We might as well get used to hearing that it is white supremacy, toxic male, environmental disaster tulips.  I will eat my shoe if they present it a different way.

Well, how do we get ourselves out there as more accurate sources of information. I understand that in the "penny paper" dot.com information economy what sells is salacious crap as opposed to facts, but we should be trying for just a BIT more accuracy.

Maybe we need someone as an interesting spokesman. Maybe a flaming gay rich bitcoin dude building Rancho Apocalypse II to catch peoples' attention but then saying basic facts and truths about what bitcoin is, how it works, etc?

Or someone driving around the country buck naked in a top notch Lambo at 55mph. That would probably garner some attention, bring the click shit to CNN and allow a more rational discussion.

Hm....

... or a mature musician with properties in Mexico shopping for a private lake in his native Canada?

...or Elwar's story...

1379  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2021, 03:45:38 PM
@MMCrypto
1 #BITCOIN  IS NOW WORTH MORE THAN 1 KG GOLD!
https://twitter.com/mmcrypto/status/1363467875692994560?s=21



Not if you include the completely ridiculous premium on gold rn.

And good luck even finding a kilo of gold in stock, anywhere.

Another reason that Bitcoin will beat PMs: bitcoin is available to be purchased (and sold) anytime, anywhere, 24/7/365.
1380  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2021, 02:06:06 AM
"Deficits don't matter."
"A college education is the only way to make it in this world."
"401Ks are the key to building retirement wealth."
"Rates going to zero, or even negative, are not a problem."
"Stocks can only go up."
"We can keep printing money forever, we own the printing press."
"Universal Basic Income will solve all of our problems."
"Bitcoin is a tool for criminals and drug dealers, a fraud, a scam, baby-brains squared...and it's going to zero."

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