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1521  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2021, 05:27:54 PM
That Gamestop run up was put together by a Reddit group.  They set out to wreck all of the shorts that had been set.  They succeeded.

The guy who put it together pulled in $11 million from the run up.

Well hopefully everyone involved in the short squeeze made money.

I believe some (perhaps many) of these mega short positions were naked, and if so, deserve to get squeezed. The Wall Street/Mega Institution corruption in the markets must be challenged and rooted out.

Well played.

https://old.reddit.com/r/wallstreetbets/comments/l3z0n8/howd_you_guys_manage_to_win_so_big_it_made_these/
1522  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2021, 04:34:34 PM
OT: Wow...just look at stonks like Gamestop and Blackberry.

Ridiculous pump and dumps everywhere.

1523  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2021, 03:44:22 PM

The same financial rags claim that Bitcoin is also the most crowded long trade, not the most shorted. If traders truly thought it would halve from here, they'd be majorly leveraged short.

Nothing to see but FUD here, move along...
1524  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2021, 02:55:19 AM
Speaking of Covid, here's a clinical trial using a cocktail of low cost, readily available therapies (MATH+) given to various stage hospitalized Covid-19 patients.

https://covid19criticalcare.com/wp-content/uploads/2020/12/MATH-plus-Rationale-Journal-of-Intensive-Care-Medicine-Dec2020.pdf

Just look at the result outcomes on page 14.

Quote
"The  average  hospital  mortality  at these  2  centers  in  over  300  patients  treated  is  5.1%, which represents more than a 75% absolute risk reduction in mortality compared to the average published hospital mortality of 22.9% among COVID-19 patients."

Of course the MSM has been dead silent about this. Gotta push those expensive vaccines.
1525  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2021, 01:01:02 AM
However, where is hyperinflation in Japan that started supporting market with printed money at least since 1992-1993 (3-4 years after their 'bubble' started collapsing)?
As long as money velocity stays low, we will not have high inflation.

Look Biodom, I've seen you make this statement more than once on this thread.

Respectfully, you're wrong.

https://www.shadowstats.com

https://chapwoodindex.com/

The way the Fed calculates CPI is just complete bullshit. It's a fraud.
1526  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2021, 12:03:42 AM
... this "have fun staying poor" meme is an arrogant dick kind of thing to say too. Some people can be rich without a cent ... or a satoshi.

I have to agree about the meme, it shows a sort of arrogance of the "haves vs. the have nots" and is beneath the Bitcoin movement. It smacks of tribalism.

But it was designed to get no-coiners attention and make them think about wtf is going on.

I prefer something like "Have fun during the hyperinflation" but that's kind of wordy.  Grin
1527  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2021, 09:40:06 PM
Will one action define his entire character? Add some dimensions to your thinking.. This is a bitcoin forum after all, no?

It wasn't just one action though.

https://www.sportscasting.com/ufc-conor-mcgregors-legal-troubles-bad-decisions/

Let's put it this way, if Craig Wright could be a UFC fighter, he'd be Conor McGregor.  Tongue
1528  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2021, 08:58:19 PM
I'm not much of a MMA fan anyway, but I can't root for someone like Conor.

That guy is an asshole and a bully. He deserves to get humbled more than once.

I mean, I heard he physically punched some poor old man at a bar for politely turning down a free shot that Conor gave out. Not to mention all the other classless bullshit he's done outside of the ring.

Fuck that guy.

I guess long gone are the days when fighters actually had some humility, grace, and class. Like Ali.
1529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2021, 07:10:31 PM
In any case, expecting mass carpet lawsuits against every dev next, hope they're ready and coordination is being prepped

File a motion to dismiss, lawsuits with no merit get thrown out easily.

Easy peasy, no coordination needed.

I'm sure CSW already knows this, but his followers don't because they are the special kind of idiot.

People following a dude calling himself "the punishment of god..." certainly have to be a very special kind of idiot  Cheesy

Ya'know, it doesn't surprise me at all that cults could form around certain cryptocurrencies, with their originators thought of as messiahs.

In fact, Keith Raniere is in a jail cell somewhere, looking at what CSW is doing, and thinking to himself "Now why didn't I think of that! I could have been rich, but all I got was some tail!"  Grin
1530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2021, 07:05:03 PM
In any case, expecting mass carpet lawsuits against every dev next, hope they're ready and coordination is being prepped

File a motion to dismiss, lawsuits with no merit get thrown out easily.

Easy peasy, no coordination needed.

I'm sure CSW already knows this, but his followers don't because they are a special kind of idiot.
1531  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2021, 06:04:14 PM


BSv is totally not a cult, nope not at all

Psychologists who would compare this message to the writings of the actual Satoshi would say that CSW is definitely *not* Satoshi, because Satoshi never ever wrote narcissistic, delusional statements like this.
1532  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2021, 05:43:50 PM
No shitcoin has replaced bitcoin in over ten years.
And no will do that for the rest of our lives.

God I wish people would stop with the shitcoin stuff. Ethereum is a coin in bad faith, has been ever since the DAO "reversal" which showed everyone just what ether really is and what they think about ownership.

You own bitcoin. You don't own ether, they let you have it. For now.

People want to pass up value today for supposed value in the future that may never come.

Case in point, if you hypothetically froze the codebase of every cryptocurrency in existence today and said there would be no more updates to them, ever.

Bitcoin:
The existing codebase has so much almost perfect set of attributes/functionality/security/value as deflationary money and settlement that, frozen in its existing form, could still one day become a world reserve currency. It's that good, even as-is. The devs would never have to touch another line of code and still it shows the amazing value it gives you today and into the future. If no other crypto existed but Bitcoin, the world of the future would be fine. Better than fine, actually.

Shitcoins:

Nope, every single one of them base their current value on "new functionality coming in future", "new promised updates", "future extensions", "coming infrastructure re-platform 2.0/3.0/4.0" etc., etc. Freeze their codebases and their worthlessness would be exposed overnight. And almost all of them are still awkward solutions looking for problems and use cases that either don't exist, or are not really a problem at all. Get rid of them all, and the world wouldn't miss a beat or care. That alone shows you how shallow/flimsy they all are.
1533  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2021, 11:29:30 PM
Interesting Raoul Pal interview with Ari Paul.

https://www.youtube.com/watch?v=6eQqQk8lQwE

Ari was another early "Bitcoin dismisser" who turned into a Bitcoin proponent.
1534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2021, 07:57:04 PM

They need to change the company name from NexTech to NotTech.

If they really sold because they "think" that a double spend has occurred, then they are the biggest idiots known to man and deserve to be no-coiners.

Edit: Saw on the thread that they held for less than a month.  Roll Eyes
1535  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2021, 06:27:32 PM
may we change the unit ?

https://twitter.com/PeterSchiff/status/1352625339944607744

The idea that Bitcoin is scarce as there's only 21 million is nonsense.

One #Bitcoin merely represents an arbitrary quantity of 100 million Satoshis.

So, it's the total number of Satoshis that must be considered. With a supply of 2.1 quadrillion Satoshis are anything but scarce!



man, is this schiff guy such a dim light? look at a kilogram of gold. that is 1000g of gold.

1 gram of gold is 1000000000 ng

1000gram of gold is 1000000000000 ng which is one trillion nanograms. one trillion ng is anything but scarce!  Cheesy


do we really need to discuss with guys that full blown stupid?

divide a pizza 1 trillion times and feed the world forever with it? jeez... Roll Eyes


Peter Schiff knows what he said is complete nonsense. He's just gaslighting, as usual.

I'm sure his next tweet will be something like "Why would anyone want to wait 10 whole minutes to have a Bitcoin transaction verified?? I can hand someone a gold coin in mere seconds!"  Roll Eyes
1536  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2021, 05:21:52 PM
I've watched a few videos on youtube where Michael Saylor was a guest, each one about an hour long. He makes a lot of sense and explains in plain english what it means to him.

Considering he started learning it all just last year, in 2020, he's not bad at all. Dude is MIT graduate I think. Rocket Scientist or something.

it is encouraging to see how fast an open, smart mind can go down the bitcoin rabbit hole.
now compare that to those who should professionally be open minded in such a way that they could at least comprehend bitcoin and write about it to their readers: the journalists.

them failing miserably for almost a decade.  Tongue

Correction, he knew about bitcoin in 2013, but turned around in 2020 and is now our favorite CEO whale.

Yup. Here's a tweet he posted in Dec 19, 2013:



https://twitter.com/michael_saylor/status/413478389329428480

It's good that he finally saw sense, albeit 7 years later. Just imagine the profits he could have made, if he was smart enough to buy in 2013 (or 2014, or 2015, or...).

I remember that day week like it was yesterday.

If he had "bought the dip" then: ~$385/btc.  Instead he paid around 30X higher.

In 7 years from now, if we 30X again we'll be > $1M/btc.
1537  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2021, 03:54:45 PM
^^^^^
The lifelong usury contract with banks only works when Average Joe's income can keep up with and somewhat exceed inflation.

When that breaks down, all bets are off. The beginning of the end for banks.
1538  Economy / Speculation / Re: Dump overnight because of a false article about a double spend on: January 22, 2021, 03:47:16 PM
The next step is CSW will pursue reclaiming the Bitcoin brand through the courts, people seem to detest this approach - but ask yourself if he is fraud then why would he be going to court. That is the last place fraudsters and scammers want to end up!

The people that know what's going on, but continue to deny the reality of the situation - well they only have themselves to blame.

The innocent people that do not know what is going on is who I feel for most.

So where's the signed message as proof of Satoshi? Delusion is a hell of a drug, sgbett.

CSW

Now I start to understand what's your agenda. LoL!

I love how those 3 little letters make it impossible for people to read any other words around them.

Because he's a fraud. A con man. A proven plagiarist. A snake oil salesman. And you're one of his best customers.
1539  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2021, 03:29:03 PM
https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-an-additional-10m-in-bitcoin


MicroStrategy Acquires an Additional $10 Million in Bitcoin

Form 8-K | January 22, 2021

I imagine that MicroStrategy's top investors saw the stock price action after the initial Bitcoin acquisition, and then told the CEO to "buy as many Bitcoin as you want!"

 Cheesy Grin
1540  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2021, 03:18:05 PM

https://twitter.com/CryptoCobain/status/1352425252551356423
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