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

[El duderino_]

The #Bitcoin network is stronger than ever. 💪

via Imgflip Meme Generator

https://twitter.com/bitcoin/status/1167462617515872257?s=21

[HairyMaclairy]

This is big:

Billionaire Alan Howard eyes 1 billion crypto fund management venture


From the article:

Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space.

Alan Howard is one of the most successful investor in the street with a track record of several decades trading.
This is real institutional money flowing into bitcoin.

The article indicates that they have identified "50 cryptos" to satisfy their "due diligence."    Seems reasonable depending upon how one defines "due diligence".  

Holy fuck!!!!!!  Another shitshow, unless they narrow down the number of their coins; perhaps to one coin?  Not one coin,  I mean bitcoin.  I mean corn.

They are smart enough to invest the appropriate %age of their funds in bitcoin, without us forumers advertising to keep that percentage at the correct level of... 100%

Ren — who formerly served as chief investment officer at Brevan Howard’s Systematic Investment Group — said that screening of the sector had resulted in Elwood identifying up to 50 crypto hedge funds as “probably satisfy our due diligence.”

Not 50 cryptos

50 crypto hedge funds.  Huge difference.

[jojo69]

I think the only one I can remember is Aliens just because Bill Paxton was brutally funny.

I'm not sure I'd say that Aliens was "better", but you make a good point, it was at least as good, and that is goddamned good!

The editing in that first firefight down in the reactor, cutting between views down there and the body cam monitors up in the command car...just brilliant.

[gembitz]

The #Bitcoin network is stronger than ever. 💪

via Imgflip Meme Generator

https://twitter.com/bitcoin/status/1167462617515872257?s=21

buy the top..be the top weee

[jojo69]

via Imgflip Meme Generator

Not stacking sats, but stacking them glasses

The GF can’t follow up bro’s

Computer, zoom on C-4, enhance!

[HairyMaclairy]

I would like to see us rally in the next 3 days or so.  We have a nice green candle closed on the daily which is a good jumping off point.

[vapourminer]

Best sequels??

Terminator judgement day .....?

Gonna think this one through when I have a clear mind ( but T2 was a clear call)

wrath of khan, sequel to star trek the motion picture
road warrior, sequel to mad max


then along came the reboot of mad max a couple years ago which blew the original away big time..

[Dabs]

What I remember is:

up up down down left right left right B A ... select (for two players) start.

[Syke]

www.bitstamp.com is currently unable to handle this request.
HTTP ERROR 503

Is it just me?

[realr0ach]

Lol WTF

HACKED?

https://twitter.com/jack/status/1167523899623518208?s=21

Jack Dorsey is such a piece of shit retard.  He has pictures on his Twitter feed promoting Michael Brown - a literal STRONG ARM ROBBERY criminal killed in the act of committing the crime on video tape.  There's no fucking he said/she said about it at all.  It's all on video tape with him caught in the act committing a robbery.  Yet Jack Dorsey is promoting the idea that black criminals should be able to rob, kill, and steal with zero consequences. The victim wasn't even a white person like shitlib, Jewish Marxists usually rally against.  It was a fucking Indian!  

Where the fuck are the Pajeets???  #IndianLivesMatter???

[JayJuanGee]

This is big:

Billionaire Alan Howard eyes 1 billion crypto fund management venture


From the article:

Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space.

Alan Howard is one of the most successful investor in the street with a track record of several decades trading.
This is real institutional money flowing into bitcoin.

The article indicates that they have identified "50 cryptos" to satisfy their "due diligence."    Seems reasonable depending upon how one defines "due diligence".  

Holy fuck!!!!!!  Another shitshow, unless they narrow down the number of their coins; perhaps to one coin?  Not one coin,  I mean bitcoin.  I mean corn.

They are smart enough to invest the appropriate %age of their funds in bitcoin, without us forumers advertising to keep that percentage at the correct level of... 100%

Ren — who formerly served as chief investment officer at Brevan Howard’s Systematic Investment Group — said that screening of the sector had resulted in Elwood identifying up to 50 crypto hedge funds as “probably satisfy our due diligence.”

Not 50 cryptos

50 crypto hedge funds.  Huge difference.

That's true.  I wonder if some of them are going to be diluted with various cryptos, so I wonder how much they would be weighted in favor of BTC.  Devil might be in the details in terms of what ultimately ends up being the product(s) that is (are) being offered.

[JayJuanGee]

I would like to see us rally in the next 3 days or so.  We have a nice green candle closed on the daily which is a good jumping off point.

I would like a lot of things, but grandma tends to refuse to give them to me.   


That's why bitcoin gonna liberate some of us.   


Hopefully. 

[Searing]

I would like to see us rally in the next 3 days or so.  We have a nice green candle closed on the daily which is a good jumping off point.

I would like a lot of things, but grandma tends to refuse to give them to me.   


That's why bitcoin gonna liberate some of us.   


Hopefully. 

Yeah, "hopefully" =-> You fickle merciless bitch!

[realr0ach]

I would like a lot of things, but grandma tends to refuse to give them to me.  

That's why bitcoin gonna liberate some of us.  

Like I said before, whether you are "liberated" or eventually lose it all was already pre-ordained by the arguments of people like Plato and Aristotle millennia ago.  No amount of Jewish propaganda can defeat the invisble hand of the market in the end.  Or as I told Anonymint earlier:

On a long enough timeline, anything that's not a physical commodity resource is guaranteed to go no bid just like any other worthless fiat.  If the infrastructure to create and facilitate Bitcoin existed in the year 0 AD, Bitcoin would not exist today.  Since it's not a real commodity or resource, there is no reason for anyone to consistently place value in it on a long enough timeline beyond speculation (pump and dump scams).  Facilitation of pump and dump scams is NOT a reliable price floor.  If you have no reliable price floor, you have nothing and it's going to disappear.

It's required to be a physical commodity resource to attain this reliable price floor.  Why is it so hard for you to understand that Aristole is correct and money is required to be a physical commodity resource and Plato was a moron who was wrong about just about everything concerning economics?

[fillippone]

Not 50 cryptos

50 crypto hedge funds.  Huge difference.

That's true.  I wonder if some of them are going to be diluted with various cryptos, so I wonder how much they would be weighted in favor of BTC.  Devil might be in the details in terms of what ultimately ends up being the product(s) that is (are) being offered.

More information on a CoinDesk article:

https://www.coindesk.com/billionaire-investor-eyes-1-billion-crypto-hedge-fund

Elwood Asset Management, the firm that manages Howard’s personal digital assets, will oversee the launch, construction and direction of the new fund. The aim is to find firms that satisfy Elwood’s due diligence in order to avoid so-called blow ups.

“Losing traditional assets in the real world is hard. In the digital world, it’s very easy to lose assets — put in the wrong address for a bitcoin transfer and it’s gone forever,” said Bin Ren, CEO, blockchain funds specialist at Elwood.

Ideally, Howard’s venture will identify enough firms to invest in to offer their own clients portfolio options that satisfy their risk profiles, liquidity needs and diversity requirements.

[Arriemoller]

Brexit

Frexit

Grexit

Italeave Quitaly

Spadios

Italeave is so 2014.

Swexit

Fixit

[realr0ach]

Slightly unrelated, but does anyone else think things like pawn shops/general stores will be making a massive comeback in the US in the near future?  Or do people actually believe the vulture capitalism model of rotating between different 3rd world populations as Santa's elves slave labor can be done in perpetuity?

At some point it's pretty much inevitable.  The US produces nothing, and the trade deficit isn't sustainable, so everyone in the future will probably be shopping at pawn shops in the US.  Besides total armageddon in war, it's like the only actual possibility.

[Biodom]

After institutions got involved, bitcoin price moves become half-moves.
Anyone learning Portuguese? Lol

[realr0ach]

Anyone learning Portuguese? Lol

JAJAJAJAJA

[Arriemoller]

I just read in a german online news article that sweden is about to quit providing/accepting cash. Means to stop the retail.
Almost all businesses accept digital payment via card or app, some companies/facilities even stopped to accept cash.
They will start a 2-year project to test an e-currency, named "E-krona", which may become the future standard in sweden.

Fuck me. if that won't bring up some questions...
The source article is in german language and that's why i don't link to it - yet. If there's some interest in it, please lemme know.


[Edit: appended and corrected some details]

You shouldn't believe everything you read.
The Riksbank has no plans to stop issuing cash, and just about every store accepts them.
It is how ever true that they are planning an experiment with a E-krona, but that is done in order to take back the issuing of digital money from the banks, and also provide citizens that dislike banks with a state owned alternative.
Citizens will be able to open free bank accounts provided by the Riksbank.
At least that whats being planned.

PS. Riksbank=Swedish central bank.