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

[gentlemand]

That's an above-average return. The 2000's were more in the 4-5% range.

http://www.swanlowpark.co.uk/savings-interest-annual

That's the average. So that'll include the countless dismal banks that offered 0.1 even at the peak.

Icelandic banks were offering the highest returns and advertising very, very heavily in the UK. Funnily enough it wasn't sustainable. I used to get about 6.5% from Santander instant access.

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[Gyrsur]

Observing 9999€.

get the fuck out, retard.



EDIT: hmm, a Frenchman. explains a lot!  

[Last of the V8s]

while you were awol we noted 10k€ is a bit of a resistance level
perhaps it's not the frenchman who is the retard

[OutOfMemory]

Observing 9999€.

get the fuck out, retard.



EDIT: hmm, a Frenchman. explains a lot!  

At least he didn't quote the price in Francs

Wife update: First day without constantly "mounted" neck support, off the opioids and on mild dose of ibuprofen.
Good development. Luckily, the local physiotherapist had a client that cancelled treatment, so she will be getting therapy way sooner than expected.

On the safety belt issue: In my country safety belts and their usage are mandatory, to be precise even if you only start ignition ("operate the vehicle" - as expressed by the law).
So if you happen to be in an accident without having the belt on, insurances will also pay you NIL.
Side note: When my mother was pregnant with me, a truck crashed sideways into my partents car, pushing my mum out of the car, including the door. My father (driver) found himself on her seat after the crash. Which happened in France, by the way, when the use of seat belts were not even mandatory back then. Would they have worn the belts, they likely wouldn't be no more (and me neither). Well, daddy isn't alive anymore anyway, but that's a different story.
Statistically   a seat belt is not always saving lives, but still more often than not.

#hodlstrong

EDIT: No harassment of France and french(wo)men intended!

[Gyrsur]

while you were awol we noted 10k€ is a bit of a resistance level
perhaps it's not the frenchman who is the retard

don't force me to post this little french girl with the tiny tits again which you loved so much, V8.  

[Last of the V8s]

perverted. retarded. german. you poor soul.

[soullyG]

Everyone got their fill of cheep coins?

[Gyrsur]

perverted. retarded. german. you poor soul.

as you demanded. 

[Indymoney]

[Gyrsur]

The reason why BTCitcoin (BTC) will succeed.

[Phil_S]

We're over 2019 levels (hopefully, for good)...

[Gyrsur]

The Windy City (was there in 2008) with lifted bridges because of the violence on Sunday.

[psycodad]

[heslo]

The Windy City (was there in 2008) with lifted bridges because of the violence on Sunday.

Beautiful city, was there for NYE in 2017/18; cold but beautiful

[Globb0]

Did they get a bulk discount on those bridges?

[BobLawblaw]

Trigger Warning: Businesswire

https://www.businesswire.com/news/home/20200811005331/en/MicroStrategy-Adopts-Bitcoin-Primary-Treasury-Reserve-Asset

TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, inclusive of fees and expenses. The purchase of Bitcoin cryptocurrency was made pursuant to the two-pronged capital allocation strategy previously announced by the company when it released its second quarter 2020 financial results on July 28, 2020.

The company addressed the first prong, which called for returning a portion of its excess cash to shareholders, when it announced today that it had launched a cash tender offer for up to $250 million of MicroStrategy’s class A common stock via a modified Dutch Auction offer. By acquiring 21,454 bitcoins, MicroStrategy addressed the other prong of its capital allocation strategy, which called for investing up to $250 million in one or more alternative investments or assets.

“Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term value for our shareholders,” said Michael J. Saylor, CEO, MicroStrategy Incorporated. “This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash. Since its inception over a decade ago, Bitcoin has emerged as a significant addition to the global financial system, with characteristics that are useful to both individuals and institutions. MicroStrategy has recognized Bitcoin as a legitimate investment asset that can be superior to cash and accordingly has made Bitcoin the principal holding in its treasury reserve strategy.”

[Last of the V8s]

mother of fuck

Twenty-one thousand, four hundred and fifty-four bitcoins.

 

[bitserve]

Trigger Warning: Businesswire

https://www.businesswire.com/news/home/20200811005331/en/MicroStrategy-Adopts-Bitcoin-Primary-Treasury-Reserve-Asset

TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, inclusive of fees and expenses. The purchase of Bitcoin cryptocurrency was made pursuant to the two-pronged capital allocation strategy previously announced by the company when it released its second quarter 2020 financial results on July 28, 2020.

The company addressed the first prong, which called for returning a portion of its excess cash to shareholders, when it announced today that it had launched a cash tender offer for up to $250 million of MicroStrategy’s class A common stock via a modified Dutch Auction offer. By acquiring 21,454 bitcoins, MicroStrategy addressed the other prong of its capital allocation strategy, which called for investing up to $250 million in one or more alternative investments or assets.

“Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term value for our shareholders,” said Michael J. Saylor, CEO, MicroStrategy Incorporated. “This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash. Since its inception over a decade ago, Bitcoin has emerged as a significant addition to the global financial system, with characteristics that are useful to both individuals and institutions. MicroStrategy has recognized Bitcoin as a legitimate investment asset that can be superior to cash and accordingly has made Bitcoin the principal holding in its treasury reserve strategy.”

Wow. A publicly traded company (of Business Intelligence for more wow factor) that decided to almost join it's destiny to that of Bitcoin. This could perfectly be the first of a long list doing the same... well, maybe not going full retard into Bitcoin like this one, but at least getting significantly exposed to it.

Just imagine if the big ones (Apple, Google, Amazon, etc) started doing the same even if just with 1% of their net worth.

This is fine.

[Gyrsur]

Bob, is the "Activity" connected with the post amount? So, if you delete your posts the "Acitivity" will decrease too?  

EDIT: so maybe V8 should try it so he can become a Newbie again. 

[fillippone]

Trigger Warning: Businesswire

https://www.businesswire.com/news/home/20200811005331/en/MicroStrategy-Adopts-Bitcoin-Primary-Treasury-Reserve-Asset

TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, inclusive of fees and expenses. The purchase of Bitcoin cryptocurrency was made pursuant to the two-pronged capital allocation strategy previously announced by the company when it released its second quarter 2020 financial results on July 28, 2020.

The company addressed the first prong, which called for returning a portion of its excess cash to shareholders, when it announced today that it had launched a cash tender offer for up to $250 million of MicroStrategy’s class A common stock via a modified Dutch Auction offer. By acquiring 21,454 bitcoins, MicroStrategy addressed the other prong of its capital allocation strategy, which called for investing up to $250 million in one or more alternative investments or assets.

“Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term value for our shareholders,” said Michael J. Saylor, CEO, MicroStrategy Incorporated. “This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash. Since its inception over a decade ago, Bitcoin has emerged as a significant addition to the global financial system, with characteristics that are useful to both individuals and institutions. MicroStrategy has recognized Bitcoin as a legitimate investment asset that can be superior to cash and accordingly has made Bitcoin the principal holding in its treasury reserve strategy.”

Damn Bob, you beat me to this!

Very big news.
First publicly traded company to dump fiat currencies and embrace hard money trough digital Gold. This is a turning point for bitcoin.

EDIT:
So Yuge I decided to open a thread for the news: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’