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

[Rosewater Foundation]

Meanwhile, New Yorkers should be flooding in any minute now..

“We are thrilled to now provide New Yorkers with Cash App’s quick and simple way to buy and sell bitcoin,” said Brian Grassadonia, Head of Cash App. “Square and the New York State DFS share a vision of empowering people with greater access to the financial system and today’s news is an important step in realizing that goal.”

Any minute now.

[xhomerx10]

Corn and other drugs
...
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4809873/

#random: I read the entire document.

I've been doing some reading into this "gluten issue" lately after seeing an old thread pop up again on 4chan.

tl;dr: Part of me is wondering how much of this goes back to the time when the industry switched to bromated flours (instead of iodized) and adding fluoride to water - Have recently started taking a 5% Lugol's Iodine drop every morning in a glass of water to detox myself.

Put on your tin-foil hats before proceeding.


https://archive.4plebs.org/pol/thread/129428311/

Pineal Gland and Iodine conspiracy Anonymous ID:qEIesTJ5 Sat 10 Jun 2017 23:59:56 No.129428311 ViewReplyOriginalReport
Quoted By: >>129429252 >>129429369 >>129429955 >>129433817 >>129436384

Previous thread ghosted. Go buy Lugol’s iodine (it’s been around over 100 years) it’s on Amazon. If you think I’m a Lugol’s shill get a knock-off, I don’t give a fuck. -Take two drops of it every day in a glass of water -Along with it, take a good Selenium, Zinc, and Magnesium supplement (important for metabolizing iodine) -Finally, take a teaspoon of sea salt and dissolve in two ounces of water and swallow (you will detox bromide and it will make you feel bad for a few days if you don’t do this, salt binds to the bromide and you won’t get sick, hospitals do this all the time)

Do this every morning. The benefits generally take from 30 minutes to a couple of days to become evident. You will feel healthier than you’ve felt in years.
Fast forward to now. Most Americans have decided that table salt is shit because it contains no trace minerals. That’s true. The problem is that sea salt contains no iodine. Go to your kitchen right now and look at your sea salt, you will find a warning that it lacks iodine, “a critical nutrient.”
In order to make up for that deficiency, you are eating all the iodized table salt you can find everywhere else, which means you are craving total shit food all the time.

Not only that, but bromide and fluoride (and other iodine competitors) are much more prevalent than ever. They are in pesticides sprayed on foods, preservatives, aerosols, etc. So while your exposure to them has increased, your intake of iodine has decreased.

Symptoms of iodine deficiency include: Fatigue, insomnia, hair-trigger mood swings, obsessive-compulsive behavior, lack of energy (especially for physical tasks), lack of motivation (especially for physical tasks), listlessness, social anxiety, panic attacks, lethargy, all symptoms of hypothyroidism, all symptoms of hypoadrenalism, iodized salt cravings (especially in junk food). There are more but those are the big ones.

Women who are iodine deficient are at much higher risks of birth defects (autism).

The bottom line is that you're all deficient in Iodine. Before you click back, READ. Dr. Brownstein (I know I know, -stein) conducted a study of 6,000 of his patients and discovered 94% of Americans are iodine deficient. That was 15 years ago.

In the early 1900's the United States stopped iodinating bread and instead began to use bromide as a replacement. Bromide and Iodine compete for uptake in the thyroid. The human body (and especially the thyroid) uses iodine for more than 160 (currently known) critical functions. At the time, flour was the #1 source of iodine in the US because we don't eat much kelp/seaweed and not all fish contain much (plus we're beef eaters). Once we switched to brominated flour, a goiter epidemic broke out.

It became a national crisis. You've never heard of it, but it happened. In order to stop the epidemic you would think they would iodinate flour again, but no. Instead they started iodinating table salt, aka iodized table salt. The goiter epidemic was basically quashed at that point.

Fast forward to 1945, water flouridation begins. Flouride also competes with iodine in the thyroid. Americans become woefully iodine insufficient.

What happens next? Like any animal, we graze the minerals we need. Where is iodized table salt found? Salted pretzels. Potato chips. French fries.

There's a reason iodine is one of the only critical nutrients not reported on nutrient labels. There's a reason they decided to use table salt to deliver it (promote cravings for sales of junk food).

Here is one person's genuine experience with Iodine, there are thousands of posts like this all over the internet:

http://www.longecity.org/forum/topic/67063-iodine-is-magical-miracle-most-underrated-supplement/

Here is Dr. Brownstein himself giving a quick rundown:

https://www.youtube.com/watch?v=afZg2jzHuCs [Open] But why the food and drug administration allows an additive that causes kidney cancer in rats and possibly in humans? Potassium bromate is classified as a category 2B carcinogen (possibly carcinogenic to humans) by the International Agency for Research on Cancer (IARC).[5] Potassium bromate has been banned from use in food products in the European Union, Argentina, Brazil,[6] Canada, Nigeria, South Korea, Peru and some other countries. It was banned in Sri Lanka in 2001,[7] China in 2005,[citation needed] and India on 20 June 2016.[8] In the United States of America, it has not been banned. The FDA sanctioned the use of bromate before the Delaney clause of the Food, Drug, and Cosmetic Act—which bans potentially carcinogenic substances— went into effect in 1958. But since 1991 the FDA has urged bakers to voluntarily stop using it. In California a warning label is required when bromated flour is used.[9] Japanese baked goods manufacturers stopped using potassium bromate voluntarily in 1980; however, Yamazaki Baking resumed its use in 2005, claiming they had new production methods to reduce the amount of the chemical which remained in the final product.[10]

I had no idea about iodine counteracting fluoride, but i'll share what i do know about iodine! The thyroid uses iodine to make thyroid hormone. Thyroid hormone clears cholesterol out of your blood into your poop. While there are many, many things that can cause high cholesterol numbers, in the US, the majority of people simply aren't getting enough iodine.

Doctors don't tell you this. Instead they tell you to take a statin, which only masks the cholesterol problem. Whatever caused the high problem is still an issue, so if your cholesterol was high due to not getting enough iodine, your probably still not getting enough iodine.

Iodine dissipates out of salt pretty quickly, there isn't nearly as much in salt as you are les to believe. Your best source of iodine in food is seafood and seaweed.

With iodine, its a good idea to start low and slowly build up dosage. I took iodine for a couple years due to high cholesterol. I started at 225 nmg, and added another 225 nmg per month until i got to 2025 nmg ( or 2 mg) Then i developed insomnia. I backed down to 1800 nmg and insomnia went away. You'll know when you take too much iodine. Btw, it worked! my cholesterol is normal now!

 Interesting... but wtf are nmg?  Based on the conversion offered (2025nmg = 2 mg) I would say the author means mcg or micrograms.  
 
 Anyway, don't put the iodine in a glass of water because the entire glass of water will taste terrible and it becomes a chore to drink it all every day.  It's better to put it in a shot glass with half an ounce of water or juice.  Honestly though, I've been taking a drop of iodine daily for a few months now and I don't feel any differently.  I'm going to have to kick it up a notch.

[xhomerx10]

Not even Bob with all his zillions could tank the market in online companies that provide dietary information about the use of a gluten and casein free diet.

Hey man, I was looking at that for, like, a really health-conscious friend. Or whatever. I can totally eat all the casein I want.

Such a druggie. It does tie in though with old wive's tales ( or are they?) -Bread 'makes you sleepy'; Cheese 'gives you vivid dreams'.

Grains and dairy are generally two of the hardest foodstuffs to digest. My friend on a medical diet tells me that the enzymes responsible for breaking them down are found on the tips of the villi which weaken as we age. TMI but there you have it.

 Sadly, the only thing that doesn't weaken as we age is b.o.

[Rosewater Foundation]

There are Iodoral tablets 50mg a day. For goiters I guess. Seems like a lot of iodine.

In the past 20 years the use of iodine supplementation in bread was eliminated and a goiter producing substance toxic to the thyroid gland (bromine) was introduced as replacement for iodine.

Oh.

[xhomerx10]

Anyway, don't put the iodine in a glass of water because the entire glass of water will taste terrible and it becomes a chore to drink it all every day.  It's better to put it in a shot glass with half an ounce of water or juice.  Honestly though, I've been taking a drop of iodine daily for a few months now and I don't feel any differently.  I'm going to have to kick it up a notch.

Not a chore for me at all; use it to gulp down my vitamins and prescriptions every morning. Getting used to the taste. Almost becoming a "pleasantly medicinal bouquet"

I've tasted much, MUCH worse. Trust me on that one, brother.

Looking to increase to two drops per glass every morning starting next week.

 Thanks.  I'm going to try it.  I feel more lethargic than usual after night shifts these days.

[Torque]

I've been taking C60 daily for two months now. Feel fkn amazing.

[jojo69]

bucky balls?

really?

[xhomerx10]

I've been taking C60 daily for two months now. Feel fkn amazing.

 Did you have a specific complaint before you began taking C60?

[Tyr808]

Bearish:

https://dailystormer.name/who-being-a-tranny-is-no-longer-a-mental-illness-but-being-a-gamer-is/

Traps aren't gay.

That's all.

Actually even pornhub confirms that.
If you tick you only want to see straight porn, trap videos stilk show up.

If pornhub says traps are not gay, then so be it.

By the way what is Peter Todd rambling about?? Increasing the btc supply??

[Torque]

I've been taking C60 daily for two months now. Feel fkn amazing.

 Did you have a specific complaint before you began taking C60?

No not really, just like experimenting on myself like a human guinea pig. I'm fairly healthy and active as it is.

I was exaggerating a little - I feel good. Not as much muscle soreness after workouts. More energy and alertness during the day.

[infofront]

I've been taking C60 daily for two months now. Feel fkn amazing.

I was scared away from it after hearing about it creating hundreds of tumors in mice.

[Ibian]

Anyone got experience with the stuff Alex Jones sells?

[Rosewater Foundation]

I've been taking C60 daily for two months now. Feel fkn amazing.

I was scared away from it after hearing about it creating hundreds of tumors in mice.

The better to hear Carolina with.

[shahzadafzal]

QUICK list 12288 is finisht GOOD LUCK   WO's

16/04/2018 serveria.com
27/04/2018 BinaryReign
28/04/2018 Toxic2040
29/04/2018 BobLawblaw
30/04/2018 RayX12
05/05/2018 kaicrypzen
07/05/2018 InvoKing
...

Can anyone please explain what is this list about? and how its generated?

[infofront]

Anyone got experience with the stuff Alex Jones sells?

Coke?

[Toxic2040]

Just a few things I have spotted today.

There was a some volume spikes over the last 36 hours or so that piqued my interest somewhat. As illustrated on the chart, they were moderate spikes in buying and selling. What catches my attention is the selloffs. All those coins where scooped up with the price staying relatively flat. More recently the cloud is showing a nice ramp forming instead of a vertical wall. Healthy(er) market conditions forming imho. #dyor





---------

Can anyone please explain what is this list about? and how its generated?

The goose started some price guessing games a few months back..these are the contenders still involved and those that guessed wrong with the sad faces.

[Ibian]

Anyone got experience with the stuff Alex Jones sells?

Coke?

Turns out the water is turning the frogs gay after all. So why not?

[realr0ach]

The fair market value of anything based on artificial scarcity is obviously zero.

Apparently, $300 billion dollars says it's not obvious.

The fair market value of anything is what the market is actually paying for it.

The problem with you people and your bitcoin propaganda is that all the propaganda you attempt to use to justify any type of valuation for bitcoin would also justify valuation of fiat.  In reality, both fiat and bitcoin are based on artificial scarcity and neither have value.

[Searing]

Anyway, don't put the iodine in a glass of water because the entire glass of water will taste terrible and it becomes a chore to drink it all every day.  It's better to put it in a shot glass with half an ounce of water or juice.  Honestly though, I've been taking a drop of iodine daily for a few months now and I don't feel any differently.  I'm going to have to kick it up a notch.

Not a chore for me at all; use it to gulp down my vitamins and prescriptions every morning. Getting used to the taste. Almost becoming a "pleasantly medicinal bouquet"

I've tasted much, MUCH worse. Trust me on that one, brother.

Looking to increase to two drops per glass every morning starting next week.

 Thanks.  I'm going to try it.  I feel more lethargic than usual after night shifts these days.

not sure I buy this idea. I don't have a thyroid since I was 16 years old. I take Synthroid and have my thyroid checked every year by blood test in case it goes too low.

Sounds to me the Iodine trick is simply messing with thyroid...if it works...I'd simply have it checked and get Synthroid if you need it to 'rev you back up to spec'

anyway, my 2c ...and no w/o a thyroid gland the iodine would do zip for me..thus my suspicion that ....folk that get improvement and needs their thyroid checked...I use

a large dose in that my thyroid is gone, the pill is tasteless and the size of a baby aspirin and also cheap. your co-pay costs more than the drug a month ...its like 50 bucks

for 3 months or some such ...and again...I'm at the top end of dosage...most folk will be much less...if you need it ..you take it daily... I also take a baby aspirin in that already

taking the Synthroid, so no strain...to do that as well...

Anyway, with the 'improvement's' stated..if you do or don't do them...I'd look into this as well as a much more likely reason you are feeling run down etc

[shahzadafzal]

If by any chance you are reading "Tether Transparency Update which Confirms 1:1 USD Backing", issued by Freeh, Sporkin & Sullivan LLP (FSS).

Please don't fall for it... there is much more hidden than revealed in this report; just read these top comments on the reddit and you will understand how deceiving this report is.

Comment#1

CPA here. Former Big 4 Auditor. Have done said cash confirm procedures many times. Wanted to a share a few thoughts, FWIW.

• Cash Confirm Procedures.

These simply confirm a cash balance. The "unencumbered" written in the report after each balance is awkward, with no clarification as to the definition in the context of the report. I personally interpret that to mean unrestricted, non-escrow account, which I would expect this entity to hold their cash in--doesn't give me any additional confidence whether it was stated or not.

It's important to note that without a full audit, you're only seeing a third of the balance sheet categories right now. We have no information as to the entity's liabilities, and let's ignore equity for this discussion.

Without a full audit, we have no evidence that the entity has net assets. They could have $1 or $2.5B in liabilities, for all we know, thus rendering the true cash backing USDT (net of liabilities) unknowable

In my professional opinion, I do gain some confidence from the cash balances reported, but seeing only a portion of the balance sheet, the cash balances do little for me overall.

Additional note: the sentence in the report: "FSS did not provide the Tether personnel with any advance notice, nor did FSS provide Tether the account balance information gathered from the two banks prior to receiving the Tether balance information."

This also means nothing to me... The "advanced notice" portion is useless--Tether contracted FSS thus they know the procedures will occur. Also, Tether not providing FSS the bank balances and vice versa also means nothing--in fact, in a normal financial statement audit, you often are provided the balance by the client which you are confirming with the bank, which is totally legitimate. The fact that they didn't share balances doesn't give me any additional confidence, but seems written as if it's supposed to provide an uneducated reader such confidence.

• Choice of firm used

Strange to me that a legal firm is performing an accounting firm's role. An entity this large can easily afford a Big 4 accounting firm to perform these procedures. Or even a mid-sized firm, which would provide investors greater confidence over the report. While cash confirm procedures aren't very difficult, would you rather have a plumber or an electrician wire your house?

Also, note that the report reads:

"Judge Eugene R. Sullivan (Ret.), one of the partners, is a member of the advisory board of one of Tether’s banks. It was through this connection that Tether was introduced to FSS. As well, the firm's relationship with the bank allowed for the following review to commence in a timely and comprehensive manner, ensuring that no pertinent information was overlooked in the process."

While AICPA independence codes don't explicitly restrict an auditor from being on the board of a bank for which confirmation procedures will be performed with for a client, this falls into the gray area where the auditor would want to maintain independence "in form AND appearance."

Again, we aren't dealing with an accounting firm here, we're dealing with a legal firm. As I'm a CPA, not a lawyer, I am unaware of the independence rules that lawyers must abide by, and openly stating something like that, I'd imagine they are in the clear. Not ground shattering. However, contextually, Tether has struggled with accusations, and I find it strange that they wouldn't seek out a completely independent, third party accounting firm. Furthermore, the comments regarding the review occurring "timely/comprehensive/ensuring no pertinent information was overlooked" is very, very unprofessional. You wouldn't say something like this in an actual opinion and/or procedures letter, at least coming from an accounting firm, as it opens you up significantly to liability in the advent of a lawsuit. I'm rather surprised a legal firm would issue that in their report.

Final/Overall Thoughts: This report gives me no additional or decreased confidence in Tether. The questions it raises as to their lack of an entire audit, along with choice of firm, leave me with little evidence and don't do much for me.

Disclaimer: This isn't FUD, rather me hoping that my former boring job experiences and professional opinions might be worth something to someone. This also cannot be constituted as financial advice, and anything said within this comment is merely personal opinion based on professional experiences.

Comment#2

I agree with /u/sniper24usa , except for he / she is quite generously dismissing the 'they could of hired professionals, why didn't they?' - I would argue that is a classic, very direct indication of fraud and intent to mislead the public. They incurred, what, $200,000 in costs for this ultimately meaningless statement? When they could of hired qualified, licensed professionals for the same fee?

As he states, if someone pays $200,000 to a plumber to certify the electrical wiring of a high rise apartment complex for sale, I would suggest becoming triply skeptical as opposed to simply saying "hum", though it's not factual, direct evidence of fraud.

My statement :

I am an auditor, licensed CPA, etc.

I know lawyers, and how they act. Remember a lawyer's BONUS only comes in AFTER a client gets sued. Up until then, they just earn retainer, basic fee. During a lawsuit, they get millions.

Granted there are kind lawyers out there, but corporate lawyers are paid to lie. And I don't mean 'whoops' but out-right lie. This is their responsibility. They HOPE for a lawsuit, and management simply hopes they don't get caught.

Auditors are quite different. Auditors are NOT allowed to play stupid (lawyers are). Auditors LOSE money in a lawsuit, lawyers gain money. While Auditors ultimately serve management (see Auditors Tether Fired), their obligation is to walk away from bad relationships, AND to warn others. Lawyers have no such obligation, and typically are actually forbidden from disclosing information, even to governments, where as Auditors are required to divulged all information that contacts them. And not "if sued" but every 3 years, or so - so regularly Auditors get 'Audited', by competent professionals.

So... pretend there is a medical clinic that does fake surgery, profiting Billions of dollars in 'untraceable' currency. Let's pretend a medical hospital with a reputation 'audited' this fake clinic, and was fired half way through. Now rumors fly. Now say there is a LAWYER who says "I've confirmed this surgeries to be legit".

Is he telling the truth? Well... one, he's NOT A FUCKING DOCTOR, or an Accountant - so he has provided NO EXPECTATION OF EXPERTISE. Just as a hobo can tell you he can cure you with a magic crystal and not get into trouble, so can a lawyer. Doctors can not. Likewise, Auditors can not, regarding financial matters.

Two, they FIRED THE FUCKING AUDITORS, the QUALIFIED, AND EDUCATED PEOPLE. Sure, maybe it was because they were fat, too black, or some other weird dumbass shit you believe, but it's MUCH more likely it was because their conclusion would have been unfavorable. I mean, they probably paid them $100,000 up to that point, why fire them for having a bad attitude? It's more likely it was because $100,000 is less than the cost of preventing them from issuing a statement.

THREE, the person telling you the 'surgeries' (or tether) are legit IS THE FUCKING PERSON WHO GETS PAID MOST WHEN PEOPLE LIE AND ARE HURT from said lies. You might want to ask yourself, ARE LAWYERS CHEAP HOBOS WHO DO WORK FOR FREE? Why then hire dumbasses who cost ass tons of money to do work they are WAY unqualified for, unless their primary qualification (being able to lie, and profit from it), is the exact and only skill you need.

Lastly, as someone else mentioned (I haven't read the report), the lawyers statement is that AT ONE TIME, Tether had equal dollars as Tethers. You might notice how absolutely moronic that statement is. I can represent on paper to have 100x more money than I ordinarily do, if the only question is 'what's the most money you are capable of possessing' instead of how much money do you normally possess. Creating an artificially high 'spot' price for an instant in time is relatively easy. Thus the lawyers could technically be correct (best kind), but highly misleading to the public.
...
WHY FIRE THE AUDITORS, AND WHY HAVE A lawyer ISSUE THE AUDITORS REPORT INSTEAD? Because they get paid to lie, dip.

But all that said, I suspect Tether has ~80% liquidity. I am 100% confident they have not had 100% liquidity, at all times. Just observing their business practices, I also feel confident they are planning for a lawsuit, and to flee jurisdiction. Maybe it takes years before their bubble gets popped, maybe never. Really all you need is around 40% liquidity to keep something like Tether working. But perpetual fraud is costly, and as time goes on they are more likely to eventually pop. Sure use Tether all you want, but calling it 'backed' by dollars is pretty stupid. It's just a centralized banking system put on to crypto with a false pretense. Is that a problem? Well, maybe, and maybe not.

Tether could also have 100% of their amounts backed up all the time now, who knows. But they fired their auditors, and hired a lawyer to issue an auditors report lookalike. Surely most are smart enough to know what that means.