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

[fillippone]

World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available on Bloomberg Terminal

Two European companies have launched what they describe as the world’s first genuine bitcoin (BTC) bond, they confirmed in a joint press release on July 3.

Luxembourg-based Argento, a securitization firm, joined forces with London Block Exchange (LBX) to issue the bitcoin-denominated bond, which is regulated under the United Kingdom’s regulator, the Financial Conduct Authority (FCA).

Various durations are available, Argento conspicuously naming them after crypto-specific phenomena such as ‘FOMO,’ ‘HODL’ and ‘MOON.’

HODLers, LBX says, form one of the bond’s major target markets.

https://cointelegraph.com/news/worlds-first-zero-fiat-bitcoin-bond-now-available-on-bloomberg-terminal

This news doesn't pass Fillippone bullshit test:

• LBX is an empty box according to Bloomberg Terminal
• Argento doesn't exists according to Bloomberg
• No securities are issued/related to Argento
• HODL, FOMO or MOON are not related to specific ISIN codes on BBG

Someone I fully trust checked those infos for me on a BBG terminal.
This is second time Cointelegraph posted bullshit in a couple of days.

Check it in a few days, it will possibly be available soon.

‘World’s first institutional grade Bitcoin-denominated bond,’ goes live in Europe

https://www.fxstreet.com/cryptocurrencies/news/worlds-first-institutional-grade-bitcoin-denominated-bond-goes-live-in-europe-201907030904

Same press release being reworded by different websites.
Adding to the list:

• Phil Millo doesn't exist in BBG.

[1713543152]

1713543152

[UnDerDoG81]

Some say we are at 1. some say we are at 2. What do you think?
I would say we are already in disbelief phase.

Well at least I am in disbelief. That mini crash proofed that to me. When we pass 25k we come to the "optimism" stage.

[ðºÞæ]

Some say we are at 1. some say we are at 2. What do you think?
I would say we are already in disbelief phase.

Well at least I am in disbelief. That mini crash proofed that to me. When we pass 25k we come to the "optimism" stage.

What the irish have to say about it
https://irishtechnews.ie/the-end-of-bitcoin-as-we-know-it/amp/

[Last of the V8s]

^ https://archive.is/7aGcc
archived for those who don't wanna dip their dicks in the Guinness jar

[BlindMayorBitcorn]

Well, things appear to have escalated during my decent into mental illness. I have nothing Bitcoin-related to add to the discussion. But anywho. Keep on keepin' on. Stay safe. Tally-ho. Hi.

[BitcoinNewsMagazine]

We are having a nice recovery so far but don't be too impatient. I would like to see accumulation between about $11,000 and $11,600 for a week or two that would give time for momentum to build before another leg up taking out $12,447. I would hate to see another fast parabolic rise and dump again but that may well happen anyways:)

[Last of the V8s]

Aha! A wild mare appears

[jojo69]

A great Mayor has returned to his people...

the prophecy...

[infofront]

Oh shit

[JayJuanGee]

Good morning Bitcoinland.

I see we've managed to hold on to most of yesterday's gains from the closing of the little sub-$10k bear trap... currently $11396USD/$14905CAD (Bitcoinaverage).

Now let's get back where we were before this silly nonsense and see some more AYHs.

Corrections are all very well and fine and keep the bull run from running away and exhausting itself but remember, the show must go on.

Go Bitcoin go.

Definitely you, Jimbo, and several long time BTC HODLers/accumulators have been around the block a few times, so even though we prefer UP, we know that both price directions are possible in the short-term.

Sometimes I consider that longer time BTC HODLers/accumulators like us (yes I am including myself into the mix, even though my start date into BTC was late 2013 at the top of a then BTC price peak) have been spoiled, to some degree.  Accordingly, BTC has continued to perform at least in-line with our relatively bullish expectations and largely confirming our bullish expectations from years gone by.

Yeah, I like to talk a BIG conservative talk in terms of how bitcoin might not perform as much as our expectations, yet there is some method to my madness in that it has always been my belief that if I set my expectations fairly low, then it is going to be relatively easy to meet or exceed my expectations, and bitcoin has continued to deliver in that regard.

I will continue to state my expectations in terms of conservativism, but also NOT to disregard the more bullish BTC price performance scenarios which continue to play out and continue to exist as bitcoin's upside asymmetric bet.

In my real life interactions, I continue to come across a decent number of people who make some superficial inquiries into my bitcoin views and strategies, and when they seem to be inquiring about whether I make any recommendations, I continue to have a kind of stock response, which is to say that no matter what the most recent price performance of bitcoin, it remains a good idea for no coiners to begin by attempting to set up various bitcoin accounts at the soonest point that they can, and then to get their own finances in order so that they can begin to dollar cost average into bitcoin.  Of course, once they begin to dollar cost average into bitcoin, they can also begin to consider the extent to which they might tweak their approach beyond dollar cost averaging, but the beginning steps remain to set up various accounts and to get their own finances into a sufficient kind of order so that they can begin to do the bare minimum in taking initial staking steps into BTC in the form of dollar cost averaging.  So far, and on an ongoing basis, it appears to me that very few people with whom I had discuss these "getting started" bitcoin related matters, in real life, actually take the next initial steps, which is at least setting up some kind of BTC account(s) to put them in a place to actually take a kind of concrete action to make a purchase, even if it ends up only being a small amount of BTC.

[fillippone]

In my real life interactions, I continue to come across a decent number of people who make some superficial inquiries into my bitcoin views and strategies, and when they seem to be inquiring about whether I make any recommendations, I continue to have a kind of stock response, which is to say that no matter what the most recent price performance of bitcoin, it remains a good idea for no coiners to begin by attempting to set up various bitcoin accounts at the soonest point that they can, and then to get their own finances in order so that they can begin to dollar cost average into bitcoin.  Of course, once they begin to dollar cost average into bitcoin, they can also begin to consider the extent to which they might tweak their approach beyond dollar cost averaging, but the beginning steps remain to set up various accounts and to get their own finances into a sufficient kind of order so that they can begin to do the bare minimum in taking initial staking steps into BTC in the form of dollar cost averaging.  So far, and on an ongoing basis, it appears to me that very few people with whom I had discuss these "getting started" bitcoin related matters, in real life, actually take the next initial steps, which is at least setting up some kind of BTC account(s) to put them in a place to actually take a kind of concrete action to make a purchase, even if it ends up only being a small amount of BTC.

I have been asked so many time my views on ho to approach Bitcoin, that I setup a thread to be copied and pasted in an email to be sent them.

[JayJuanGee]

Some say we are at 1. some say we are at 2. What do you think?
I would say we are already in disbelief phase.

Are you trolling with that nonsense?  Did Tone Vays or Tyler Jenks put you up to this in their likely realization that their previous assertions of inevitable $1k to $2k was WRONG?

It should be pretty obvious that we are no longer in any kind of area that even resembles area 1 as depicted in that chart... but who the fuck knows exactly where we are at? 

Currently, to me it is feeling kind of like there continues to be a decent amount of ongoing pressures in the direction of UP.

My condolences to those dumbasses who sold in the $9ks with their anticipation to buy back at $8k-ish or below.  Kind of feel bad for them, but really I am NOT feeling too bad because you are dumb to be selling BTC on the way down during corrections that occur in a bull market, even if you believe that the odds are in your favor (which largely just means such odds are merely greater than 50% that might not play out in reality).

[BitcoinNewsMagazine]

I started buying way under $40. At that time I saw the promise but still considered bitcoin to be highly speculative and really did not recommend to friends to buy. However when price got up to $400 I started telling my friends that can handle some risk that they better start diversifying into bitcoin. Only one friend took my advice and still didn't buy until over $8000. You can lead a horse to water etc.

[Gyrsur]

believe me or not. if this last high is the future 61.8% retracement level and the ATH from 2017 is the future 38.2% retracement level our next target will be $30k.

[Toxic2040]

Well, things appear to have escalated during my decent into mental illness. I have nothing Bitcoin-related to add to the discussion. But anywho. Keep on keepin' on. Stay safe. Tally-ho. Hi.

Hours before flight A and the Mayor pops in. It's a sign.

#stronghands'19


Good luck out there yo.

[JayJuanGee]

^
Can only say I do love the phase where i'm in and that the HODL-phase!!!!!!!!!!!

By the way, I checked in with my mom in regards to some of her BTC details a few days ago, and I was surprised in a few regards.

She is actually one of the few peeps who actually did something that is in the neighborhood of what I suggested, and that was to at least put some money into BTC and to dollar cost average and to only sell small amounts on the way up in order to be prepared for further possible UP.

So, she largely has been following my suggestions, but her revelations to me a few days ago, showed me that peeps are going to do what they are going to do, and peeps got their own minds and they are going to experiment to some degree. 

I usually did not ask her for too many details about what she had been doing, but just to get overviews from time to time and then also to spout out some of my suggested strategies on a fairly regular basis in order that she could at least consider some of my thoughts and approach.   So, in that regard, largely I would remind her on a regular basis that she is responsible for her own portfolio choices and approach, so she usually had  not provided me too many details, except for a few days ago, she was telling me about the various shit coins that she had bought.  I thought that it was funny but also a little bit irritating that she had gone off and bought a whole bunch of shit coins, some of which I had never previously heard the name, in spite of my seeing references to a decent number of shit coins from time to time.  I was surprised but also at least a bit relieved that her investment in various shit coins was a very small percentage of her overall holdings.  When I kind of lectured her for getting involved with a variety of shit coins, including some of the no name ones, she said that she bought some of them because she kind of would get bored by ONLY having bitcoin in her portfolio, so she wanted to just play around with some of the other dumb shit and if they would shoot up in value for some unexplained reason, she would just cash them into bitcoin if those kinds of pumpenings were to take place with any of the various shitcoins.  I told her that she was largely wasting her time and brain power and likely getting scammed, but I could tell that she had largely already made up her mind to entertain herself with these various small investments, just for shits and giggles.

[BitcoinNewsMagazine]

believe me or not. if this last high is the future 61.8% retracement level and the ATH from 2017 is the future 38.2% retracement level our next target will be $30k.

Here is another way to use Fibonacci the way my mentor taught me to do Fibonacci extentions. Results agree from two approaches.



Even higher Fibonacci extensions predict $300,000 I wrote about it here.

[JayJuanGee]

We are having a nice recovery so far but don't be too impatient. I would like to see accumulation between about $11,000 and $11,600 for a week or two that would give time for momentum to build before another leg up taking out $12,447. I would hate to see another fast parabolic rise and dump again but that may well happen anyways:)

As you seem to acknowledge, Bitcoin no doesn't give no shits about what you would no like.         

[JayJuanGee]

Well, things appear to have escalated during my decent into mental illness. I have nothing Bitcoin-related to add to the discussion. But anywho. Keep on keepin' on. Stay safe. Tally-ho. Hi.

Oh my.  Nice to see you.

I surely would like to taunt you a bit, but yeah, I feel a bit bad for you, too.  

  

[Wekkel]

^ https://archive.is/7aGcc
archived for those who don't wanna dip their dicks in the Guinness jar

I don’t understand the article. For Bitcoin to succeed, it should remain sub $1,000 or so?

Personally, I think the other way around. Bitcoin should become extremely high priced due to a whole lot more people holding and using it as a store of value. The perfect money. The ultimate stable numeraire.

At such high fiat prices, Bitcoin would become stable, boring even, fulfilling its role as stable anchor in a sea of currencies, services and products floating around the planet.

Bitcoin remaining at some $1,000s also functions flawlessly from a technical perspective, but would have failed as a social experiment.