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

[Globb0]

So I am guessing you missed out the college just like me but you are street smart

I did miss Some of those yes only high-school myself....

I went to graduate school for an advanced degree in Neuoscience and I can tell you it means fuckall in terms of acquiring real life/world experience. The only 2 things I got out of it were:

1. A $30,000 student loan
2. Concrete proof that people who value intellect and associated status over all else are are massive cunts.

There's obviously more than one way to be smart. That's another thing I learned.

Larry now sends all his pay to Laura for their baby

[Fatman3001]

So I am guessing you missed out the college just like me but you are street smart

I did miss Some of those yes only high-school myself....

I went to graduate school for an advanced degree in Neuoscience and I can tell you it means fuckall in terms of acquiring real life/world experience. The only 2 things I got out of it were:

1. A $30,000 student loan
2. Concrete proof that people who value intellect and associated status over all else are are massive cunts.

There's obviously more than one way to be smart. That's another thing I learned.

Larry now sends all his pay to Laura for their baby

LMAO!!

[AB de Royse777]

So I am guessing you missed out the college just like me but you are street smart

I did miss Some of those yes only high-school myself....

I went to graduate school for an advanced degree in Neuoscience and I can tell you it means fuckall in terms of acquiring real life/world experience. The only 2 things I got out of it were:

1. A $30,000 student loan
2. Concrete proof that people who value intellect and associated status over all else are are massive cunts.

There's obviously more than one way to be smart. That's another thing I learned.

Larry now sends all his pay to Laura for their baby

I doubt all pay but a portion of it just to look after the baby.
Anyway, to have this, it's a waste of 4 years degree with 150k debt :-P
Laura fucked up big time LOL

[JSRAW]

But but ............Larry never called her!

[AB de Royse777]

But but ............Larry never called her!

Bitch like Laura will never stop to take legal aid to have a chunk of man like Larry :-P

[Febo]

The monthly update:



In April we saw more green, very pleasing. The work is done, some Satoshis have been accumulated. I'm out to enjoy a spring walk with my dearest.

Enjoy the first of May, WOs!

Scary. 3 green months in a row.  So far happened only 6 times to have 4 or more months in a row. So guess what statistic propose us for May?

[mindrust]

I doubt all pay but a portion of it just to look after the baby.
Anyway, to have this, it's a waste of 4 years degree with 150k debt :-P
Laura fucked up big time LOL

Laura did nothing wrong. Laura did exactly what she was told and did it perfectly. Laura's parents are the ones with no forecast. In their time, everybody wanted to go to a college, they thought it'll go like that forever so they did everything (longed college while at top) to send Laura to the college. (I guess they had no TA skills, you gotta know when to dump college. Bill Gates knew it.)

They were sheep.

Laura is perfectly fine.  

[AB de Royse777]

I doubt all pay but a portion of it just to look after the baby.
Anyway, to have this, it's a waste of 4 years degree with 150k debt :-P
Laura fucked up big time LOL

Laura did nothing wrong. Laura did exactly what she was told and did it perfectly. Laura's parents are the ones with no forecast. In their time, everybody wanted to go to a college, they thought it'll go like that forever so they did everything to send Laura to the college.

They were sheep.

Laura is perfectly fine.  

So Laura is not smart nor stupid, she is just another average nocoiner who get fucked every other night in the club :-P

[Raja_MBZ]

[Hueristic]

So Tether, the 100% backed by fiat 100% stable coin that no one can mine because it's SPECIAL is really only 74% backed by assets.

https://www.coindesk.com/tether-lawyer-confirms-stablecoin-74-percent-backed-by-cash-and-equivalents

Man what is it with people? Everyone falls for the infinite temptation of fractional-reserve banking. Everyone seems to just say the best intentions but really be full of 100% USDA horseshit.

Bitcoin is simply not going to succeed because you can't commit fraud with it. If you have a bitcoin you have a bitcoin. If you don't have a bitcoin you simply can't say you have a bitcoin.

Sad that the only thing which will work in this world is fraud.

I don't know how long it will take, but people are very slowly waking up. At least if liberals stop actively decreasing the average IQ by removing all responsibility from citizens in a charade of morals.

Fractional reserve has been working for banks for hundreds of years now, don't see why it can't for Finex. Even knowing what we know now people still hold their money there, it would take 75% of people to withdraw now for them to go belly up and it doesn't look like we're close to that happening, in fact they'd probably be "safe" running at 50% fractional reserve.

Yes, I'd rather not champion the tether cause at all as I thought it was a fractional reserve from the beginning (you can find tons of my posts warning about it years ago) and still think it was but I believe they balanced the books by BTD during the winter and then had that law firm confim they had the funds but now they only have 75% because the US led attack on them seized to 750 million (orso). So it looks like they were completely solvent until the Good ol US of A went after them and that has interesting timing as other stablecoins that are institutionally backed are now launched.

Things that make you go Hmmm.

[El duderino_]

Hammer and sickle.
Laura' Larry tuition.
Five-thousand still holds!!

shortcut in Haiku for who wanna catch up 4 pages in 5-7-5

Cheers             (after all its a Sunday)

[El duderino_]

https://twitter.com/barrysilbert/status/1123601467078860800

https://finance.yahoo.com/news/grayscale-bitcoin-investment-trust-gbtc-new-ad-drop-gold-125954273.html?soc_src=social-sh&soc_trk=tw

[vroom]

The monthly update:



In April we saw more green, very pleasing. The work is done, some Satoshis have been accumulated. I'm out to enjoy a spring walk with my dearest.

Enjoy the first of May, WOs!

Scary. 3 green months in a row.  So far happened only 6 times to have 4 or more months in a row. So guess what statistic propose us for May?

before that we had 6 red months in a row for the first time. What does that tell us about statistics?

[El duderino_]

https://twitter.com/kerooke/status/1123565159744589824

[P_Shep]

Ahem... "Saturated".

[Febo]

The monthly update:



In April we saw more green, very pleasing. The work is done, some Satoshis have been accumulated. I'm out to enjoy a spring walk with my dearest.

Enjoy the first of May, WOs!

Scary. 3 green months in a row.  So far happened only 6 times to have 4 or more months in a row. So guess what statistic propose us for May?

before that we had 6 red months in a row for the first time. What does that tell us about statistics?

I love statistic. Although it looks boring it never is.  Oh and when i checked again I see was only 4 times. I wanted to say that 6 times is not that low. 4 times is semi low. It is highly unlikely to have 2 more months in green.

[jojo69]

Silver on sale today...if anyone feels like diversifying...

[jbreher]

The more breher speaks, the more I think hes a troll that lives in his mother's basement,

Haha. Joke's on you. My mom doesn't have a basement.

[jbreher]

Fractional reserve has been working for banks for hundreds of years now, don't see why it can't for Finex. Even knowing what we know now people still hold their money there, it would take 75% of people to withdraw now for them to go belly up think and doesn't look like we're close to that happening, in fact they'd probably be "safe" running at 50% fractional reserve.

To clarify, my post was in reference to the cursive part.

As I see it the real issue is with central banking, over the top tax rates and government wastefulness. Fractional reserve can work if done sensibly and not bailed out by the tax payer. It's no different from debt, which is a highly productive tool.

Blasphemy. Partial reserve banking steals purchasing power -- and thereby wealth -- from the public at large, and concentrates it in the hands of the parasite banking class.

[jbreher]

I am just curious how the sellers/shorters in Bitfinex are feeling these days. The numer and quantity of the shorts positions is high, and the longs are at the lowest since one year at least. Are these people still sane, or completely lost their mind and emotionally lost everything? For me all signs show that this exchange is dying.

Oh hell. Some of us have decried the scamminess of this particular dumpster fire since years.