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

[philipma1957]

bernie madoff = 💀
bernies son = 💀 48
bernies other son = 💀 46

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[ChartBuddy]

Explanation

[Cryptolove20015]

Twitter

[ChartBuddy]

Explanation

[HI-TEC99]

[Popkon6]

Important reminder: #Bitcoin    has no CEO, leader, manager, boss, premier, commander, president, chairman, chief, controller, custodian, dean, director, supervisor, organizer, official, minister, judge, captain, overseer, and no person, government, or corporation is in control.




Memeing Bitcoin

[JayJuanGee]

hilarious....
‼️Chief Economist at the European Central Bank takes 1m30s to explain why fiat is a scam. 🤨
https://twitter.com/BTC_Archive/status/1602373401292701697
actually he only needs 25s 

Of course, that is the unedited draft - which was probably not meant to be released.. because they have an edited version that supposedly says something that we are all going to understand.

Whether he edits it down to a shorter period or leaves the long struggling version will likely NOT help our understanding and/or inspire our confidence, will it?

He seems to recognize and appreciate that the Banks have been creating too much money.. so I suppose that the punchline that you are getting at Guachapin, is that he is admitting that there is a creation that it is not really based on anything - even though they are accounting for it... by putting a liability on their ledger to show that they printed money, and someone who received the money is supposed to pay them back.

Let's say that you and I go out to eat a steak dinner, and it cost around $240.. and maybe there is some other stuff in there too... and then I tell you that I forgot my wallet, but I don't mind paying you back over then next 12 months.... if you don't mind picking up the tab... So my portion is $120, so I agree that I will pay you back at a rate of $10 per month, and I am going to add $1 for the interest... so after 12 months, you will end up receiving all of the principle. .plus an additional $12... You will receive $132, and you are willing to agree to those payment terms.  Between you and I, we have created $120.. and I suppose that as I pay it back, then we have resolved that creation, unless maybe I tell you that I am going to balloon pay the loan at the end of 12 months, rather than pay you on a monthly basis, so at the end of 12 months, I am going to owe you $132.. that is ($120 principle plus $12 interest)... If I don't pay you back at the end of 12 months, and I ask you if you are willing to lend me $132 for another 12 months on the same terms, which would mean that after another 12 months, then I would owe you $145.20.. which would represent the principle of $132 plus the $13.2 of interest.  Then we will not have had resolved that debt matter, but if you know that I am good for it, you might still be willing to roll over my debt... and so our money creation would end up lasting 2 years.. . and if we resolve it the next year, then I suppose at that point, all is good... but we have governments that are not able to pay their debts, but since they are the ones who create the money, they just keep rolling it over, and it gets to the point that they are not even able to pay the interest on the debt.

https://www.youtube.com/watch?v=gg-7y-eYSP4

tbh this forum is pretty pathetic that it can not handle more than 2.5mb pictures it is 2022 soon 2023 and yet it is still in 2008 ....
Its like : Oh no OH no we cant handle 1080p yet alone 2160p ... oh noo

This forum does not seem to be so pathetic as to stop you from posting images....

However, you seem to be so pathetic as to be remaining a no coiner who is hanging out with coiners.

Have you improved upon your actual patheticness status, rather than complaining about things that are NOT actually a problem?

[HI-TEC99]

Arrested.

wait, didn't he suppose to testify tomorrow? /s

He's refusing to.

https://www.cnbc.com/2022/12/12/former-ftx-ceo-sam-bankman-fried-refuses-to-testify-by-senate-banking-.html

Published Mon, Dec 12 2022 5:07 PM EST

Former FTX CEO Sam Bankman-Fried is refusing to testify at a hearing this week about his company’s implosion, the Senate Banking Committee said Monday.

Attorneys for the crypto platform’s founder have also said Bankman-Fried, who is based in the Bahamas, will not accept service of a subpoena to compel his testimony before the panel, senators said.

Bankman-Fried is scheduled to appear at a House Financial Services Committee hearing on Tuesday that will focus on his company’s collapse.

In a joint statement, Senate Banking Chair Sen. Sherrod Brown, D-Ohio and ranking member Pat Toomey, R-Pa., said they have “offered Sam Bankman-Fried two different dates for providing testimony before the Senate Banking, Housing, and Urban Affairs Committee, and are willing to accommodate virtual testimony.”

[nutildah]

Nice pics. A little snow up there right now, very cool. One of the only places in the world where you can experience a 50 degree temperature shift after driving for an hour.

[BobLawblaw]

#LNMETA

It was <today> when I discovered that I could change the AF-UpdateHours in LNDg.

Have my node automagically adjusting fees every hour now.

Let's see how that goes, instead of every 24 hours.

I think there's a bug with reconciling all the keysends as profit; it's showing my node as unprofitable again, despite being in the black - briefly.

Fucking LN is a pain in my balls.

[ChartBuddy]

Explanation

[Toxic2040]

#LNMETA

It was <today> when I discovered that I could change the AF-UpdateHours in LNDg.

Have my node automagically adjusting fees every hour now.

Let's see how that goes, instead of every 24 hours.

I think there's a bug with reconciling all the keysends as profit; it's showing my node as unprofitable again, despite being in the black - briefly.

Fucking LN is a pain in my balls.

[shahzadafzal]

Wow I mean WO.... enjoy dude don't let bitcoin winter stop you!!!

I guess quite sometime we did not see much travel posts on WO... is it Bitcoin Winter?

Except for El dude of course... how about cAPSLOCK or fillippone no winter breaks yet or is it under the radar?

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Cryptotourist]

He will end up being very well hung  

*Hanged. Hung is what every man wants to be.

*. Hunk


Taking so long to arrest SBF, seems to me time needed to make all necessary arrangements.
I’m pretty certain that his parents n friends will make sure he doesn’t “hang” like Jefrey, but rather get something like a life house arrest or something - detained in his villas in the Bahamas. He is young you see. I wouldn’t be surprised if his ex-girlfriend takes the hit.

That said, justice is blind, but - occasionally - it can see in the dark.

[Unknown Op]

SBF WAS ARRESTED BY BAHAMIAN AUTHORITIES



https://twitter.com/BitcoinMagazine/status/1602448955786264579?t=vlZ5SAm0sOevl2srXlwJ_g&s=19

[ChartBuddy]

Explanation

[BitcoinBunny]

The EU sounds as bad as FTX.

EU corruption scandal of 'utmost concern' after four charged over alleged bribes from Qatar, Ursula von der Leyen says

https://news.sky.com/story/eu-corruption-scandal-of-utmost-concern-after-four-charged-over-alleged-bribes-from-qatar-von-der-leyen-says-12766660#

[AlcoHoDL]

He will end up being very well hung  

I'd say an electric chair shock for every person who lost BTC on his scam website/system. And another 10,000 more, just because of his face.

No need. The pain they are experiencing is orders of magnitude greater.

Edit: Typed too fast. Now I got what you meant. Yes, by all means. Fry the fucker.

As for those who lost BTC, they got a painful education on how to be your own bank.