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

[Paashaas]

Venus Might Host Life, New Discovery Suggests
The unexpected atmospheric detection of phosphine, a smelly gas made by microbes on Earth, could spark a revolution in astrobiology

It was only a matter of time finding basic lifeforms, i expect they will find some on Mars also. Scientists think there is an ocean beneath the icy surface of Jupiter’s moon Europa, that ice shell is 15 to 25 kilometers (10 to 15 miles) thick, floating on an ocean 60 to 150 kilometers deep (40 to 100 miles). While Europa is only one fourth the diameter of Earth, its ocean may contain twice as much water as all of Earth’s oceans combined. Europa’s vast deep ocean is widely considered the most promising place to look for life beyond Earth. A closed ecosystem untouched for millions of years.

Our Milky Way Galaxy contains 400 billion stars with 7% of them being G-type. That means less than 6 billion stars may have 10 billion Earth like worlds of which could be in their stars habitable zones. That's a lot of planets to discover with potental life. Of course we don't have the tech to get there but alien life exist just because of the sheer numbers. It depens on which stage of evolution they are from plankton to intelligent species like a type 1/2/3 civilizations. The Milky Way is just 1 of trillions out there.

Earth is a young planet while human DNA dates back to 1 million years. The entire human life spawn is just a blink of an eye in Earth's time frame.

Ancient modern history dates back to ancient Greece? Mhe... when great Greek cholars like Thales, Hippocrates, Pythagoras, Socrates, Plato and Aristotle arrived in Egypt the great pyramids of Egypt where already ancient.

We lived for hundreds of thousands of years as cavemen but just a few thousands of years modern humans appeared and has developed on a blistering speed, how is that even possible? What happend to other civilizations like the one who cunstructed the pyramids ore the other megalithic structures in South-America? A civilization on top of another civilization i guess. I love history it gets really crazy the more i search.

[Paashaas]

Twitter CEO Jack Dorsey Might Allocate Some Corporate $10 Bln into Bitcoin: Willy Woo.

Prominent trader and entrepreneur Willy Woo has hinted that the head of Twitter, Jack Dorsey—who has $10 bln in corporate funds under his control—just might allocate part of that mammoth-sized amount to acquire Bitcoin in the near future to prevent this money from losing value.

[Biodom]

Twitter CEO Jack Dorsey Might Allocate Some Corporate $10 Bln into Bitcoin: Willy Woo.

Prominent trader and entrepreneur Willy Woo has hinted that the head of Twitter, Jack Dorsey—who has $10 bln in corporate funds under his control—just might allocate part of that mammoth-sized amount to acquire Bitcoin in the near future to prevent this money from losing value.

I was literally watching Pomp/Saylor interview discussing just this point when I read this message.
Wow.

[LFC_Bitcoin]

Twitter CEO Jack Dorsey Might Allocate Some Corporate $10 Bln into Bitcoin: Willy Woo.

Prominent trader and entrepreneur Willy Woo has hinted that the head of Twitter, Jack Dorsey—who has $10 bln in corporate funds under his control—just might allocate part of that mammoth-sized amount to acquire Bitcoin in the near future to prevent this money from losing value.

Go on @jack, you know it makes sense big man!

[aesma]

https://twitter.com/michael_saylor/status/1306636046948610049

We acquired 21,454 BTC via 78,388 off-chain transactions, then secured it in cold storage with 18 on-chain transactions.  #Bitcoin scales just fine as a store of value.

TBH, I'm not sure why the Bitcoin community is high-fiving each other over this revelation.

I mean sure, it's exciting that a corporation has figured out how to take a large long position in BTC without rocking the boat. I'm sure that other corporations will begin to follow suit in the coming 3-6 months or within the year. The more institutional corporate hodlers, the better. This is overall good news.

But look, if the straight-laced corps with good intentions have figured out how do this, then so can the nefarious Wall Street whale traders as well as other country's seedy deep pocket whale traders (China, Russia, Germany, England, etc). These guys have hundreds of millions $$$, if not billions $$$, at their disposal too. And the difference is that they don't have to make any public announcements, or get their respective legal teams and corp shareholders involved to fight through a bunch of red tape and months of wrangling before they do it. They can and will take up such positions covertly. These types will be the first to dump all their btc at the top of the next bubble, for sure. This is not so great news.

Why do that (and risk a dump) when they could be pumping instead, then dumping ?

[philipma1957]

Twitter CEO Jack Dorsey Might Allocate Some Corporate $10 Bln into Bitcoin: Willy Woo.

Prominent trader and entrepreneur Willy Woo has hinted that the head of Twitter, Jack Dorsey—who has $10 bln in corporate funds under his control—just might allocate part of that mammoth-sized amount to acquire Bitcoin in the near future to prevent this money from losing value.

Go on @jack, you know it makes sense big man!

Yeah I have been waiting for some big companies buying 100,000,000 or more in coin

[nullius]

[Last of the V8s]

Piss flaps?

[BitcoinGirl.Club]

[BitcoinGirl.Club]

Bitcoin Price Fails to Close Above $11K But Are Bulls Done Yet? (BTC Analysis)

The Bulls have not started yet!

[nullius]

Piss flaps?

It is a recursive semiotic which signals that your interpretation of my interpretation of your pic-post is that you want to measure people’s interpretations using pseudoscientific incantations that evoke the measurer’s interpretation of others’ interpretations.

I have been wanting to toss that at jojo69.  You got it instead—lucky you!  It is on my part a general statement, not only directed at any particular post.  Indeed, it is even a meta-statement on some of my own prior posts.

Not that I would expect for anybody to get it:  Abnormality is the new normal.  The more maladapted you are to life in this world, the more you are “the future”!  For example, autists are unable to grasp subtle humour.

But as a practical matter, the “high-functioning” autists would probably make suitable overseers in a world of technocratic mass-enslavement managed by robots.  Perhaps that may be why this stuff is being promoted:  A dystopia of socially-distanced, isolated individual units who have none of the normal human connections that characterized all of prior history—who interact with each other only by chatting through machines...  Why, it is almost as if autists were designed and engineered for such a world!

I struggled to interpret the interposition of the Bitcoin symbol.  It can be read a few different ways.

P.S., for the benefit of the Wall Observer, of course I posted the card which most frequently evokes sex.  You caught the nonexistent vulva, but missed the nonexistent erect penis at the top—among innumerable other things that may be seen in a blot of ink smeared onto cardstock a century ago by an insane psychiatrist, who then proceeded to use it to diagnose schizophrenia, homosexuality, and whatever else he decided to see in your perceptions of his little mind-game.

[rolling]

https://twitter.com/michael_saylor/status/1306636046948610049

We acquired 21,454 BTC via 78,388 off-chain transactions, then secured it in cold storage with 18 on-chain transactions.  #Bitcoin scales just fine as a store of value.

Fine, paid a lot of fees to miners (good boy)...honestly, I don't see a need to make 78K tx to get "just" 21K btc.
That's just being a bit severely paranoid. Why not buy some otc in chunks?

Did you not notice the “off-chain” part?  Ridiculous...

He paid fees for 18 on-chain transactions to miners.  Smart man.  He made ≈4355 Bitcoin transactions per tx that actually paid miner fees!

Off-chain transacting is the way of the future—the global public ledger is for secure synchronization of off-chain protocols.

Admittedly, I may be mixing issues and making too many assumptions there.  “Off-chain” could mean on a centralized exchange.  It could also mean Lightning Network, which is what I meant by “the way of the future”.  Or it could mean any number of other things.  (Just thinking aloud, perhaps he scooped up a bunch of WBTC, then redeemed it—LOL, that would also be “off-chain” in this context.)

Yes, what he calls off-chain looks like simple buying on exchange, and not even otc.
Pretty bizarre, actually:
https://twitter.com/michael_saylor/status/1306940165160656897

Everything at an exchange is "off-chain".

Almost all bitcoin transactions in the future will be done on exchanges, between bank accounts, or through digital warehouses without any bitcoin moving on chain. I'm not holding mine like that but you know most people and companies will, out of fear or because they don't know any other way.

The end game is bitcoin becomes the settlement layer for the world. Transaction costs are going way up in the future, you're not going to want to do on-chain transactions when it costs $1000+ to do so, but if you're settling a billions dollars, that's a tiny price to pay.

The fact is, whether we like it or not, very few individuals (other than those of us here) will hold private keys in 10 years. The transaction costs alone will ensure it.

[JayJuanGee]

there is trillions and trillions of analog monetary value. there are only 21 million digitally scarce bitcoin. this will be fun to watch unfold as a hodler of bitcoin.

In other words, if you want to have fun, become a holder of bitcoin.

It's not too late, but it will likely NOT be as much fun to be watching others have fun, if you don't gots ur lil selfie any coyns.

 

The dude is slurping on the pipe

What happened to the good ole days of pee pics?  

[Toxic2040]

[STT]

Dont like that scenario much tbh, we have a decentralized blockchain but the little people arent allowed to use it and thats progress apparently.   Cant say I agree, capitalism is capital from and by the people with the means of production with the people not the government or the corporate elite.   Your scenario doesnt resemble capitalism then presuming the future stays true with what has served free people in the past.    

Over all the markets we are tending towards your scenario but I hope Bitcoin is something a bit different to that, its a big question for our times I dont know how it will turn out.    Just going to read Ray Dalio a min
https://www.marketwatch.com/story/billionaire-investor-ray-dalio-on-capitalisms-crisis-the-world-is-going-to-change-in-shocking-ways-in-the-next-five-years-2020-09-17?mod=hedge-fund-moves-and-insider-trades

[JayJuanGee]

https://twitter.com/michael_saylor/status/1306636046948610049

We acquired 21,454 BTC via 78,388 off-chain transactions, then secured it in cold storage with 18 on-chain transactions.  #Bitcoin scales just fine as a store of value.

TBH, I'm not sure why the Bitcoin community is high-fiving each other over this revelation.

I mean sure, it's exciting that a corporation has figured out how to take a large long position in BTC without rocking the boat. I'm sure that other corporations will begin to follow suit in the coming 3-6 months or within the year. The more institutional corporate hodlers, the better. This is overall good news.

But look, if the straight-laced corps with good intentions have figured out how do this, then so can the nefarious Wall Street whale traders as well as other country's seedy deep pocket whale traders (China, Russia, Germany, England, etc). These guys have hundreds of millions $$$, if not billions $$$, at their disposal too. And the difference is that they don't have to make any public announcements, or get their respective legal teams and corp shareholders involved to fight through a bunch of red tape and months of wrangling before they do it. They can and will take up such positions covertly. These types will be the first to dump all their btc at the top of the next bubble, for sure. This is not so great news.

You have a tendency to figure out some negative angle for good newses.

If you heard Saylor in a couple of interviews, you should figure out that he seems to have a pretty BIG grasp on bitcoin, even though he had ONLY been studying bitcoin for about one year, and maybe a bit more cram studying in the past 6 months or so.

You should listen to his interviews on the Pompliano podcast from a couple of days ago and on the Guy Swann podcast from today, and maybe your opinion on the subject might change.... and maybe not too, you do tend to be a bit of a stubborn one from what I recall.        Each of the interviews are a bit over an hour, but you could listen to them at speeded up, such as 1.5x or 2x, perhaps.

Twitter CEO Jack Dorsey Might Allocate Some Corporate $10 Bln into Bitcoin: Willy Woo.

Prominent trader and entrepreneur Willy Woo has hinted that the head of Twitter, Jack Dorsey—who has $10 bln in corporate funds under his control—just might allocate part of that mammoth-sized amount to acquire Bitcoin in the near future to prevent this money from losing value.

Yes,... Microstrategy has provided a bit of a roadmap for the feasibility of such actions by institutional players.

Whether companies decide to take a 10% or 50% of their cash reserves, the amounts at their disposal surely start to add up to a lot of value in the event that some of the more aware, alert and even flexible companies start to see a path forward for accomplishing such bitcoin allocation measures (hedging).

Twitter CEO Jack Dorsey Might Allocate Some Corporate $10 Bln into Bitcoin: Willy Woo.

Prominent trader and entrepreneur Willy Woo has hinted that the head of Twitter, Jack Dorsey—who has $10 bln in corporate funds under his control—just might allocate part of that mammoth-sized amount to acquire Bitcoin in the near future to prevent this money from losing value.

Go on @jack, you know it makes sense big man!

Yeah I have been waiting for some big companies buying 100,000,000 or more in coin

No need to wait any longer.  The time is upon us (imminently, soon ^tm)

[Toxic2040]

evening charts

4h



D


D w/ doubled cloud



#stronghands

[jojo69]

[BobLawblaw]

https://twitter.com/guydbennett/status/1306951372638748673

[Toxic2040]