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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26366525 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Last of the V8s
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August 11, 2020, 01:35:10 PM

Probably Warren Buffet just teasing us. Angry

'This wire was released as a prank by a junior PR who has now been relieved of duty.'
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August 11, 2020, 01:41:42 PM
Merited by vroom (1)

https://twitter.com/whale_alert/status/1293180092907245568


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

Yes. As your posts get deleted, your activity lowers as well... which is kinda ironic, because manually deleting every message you have ever posted on this site is a heck of a lot of activity.
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August 11, 2020, 01:44:31 PM

Probably Warren Buffet just teasing us. Angry

'This wire was released as a prank by a junior PR who has now been relieved of duty.'

man, no one should have to tell you to specify the source.

BTW, if fillippone has it on his Bloomberg terminal it must be true.
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August 11, 2020, 01:45:37 PM

Putin : Vaccine is ready...  Roll Eyes
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August 11, 2020, 01:46:19 PM
Merited by fillippone (2), JayJuanGee (1)

Putin : Vaccine is ready...  Roll Eyes

You first  Smiley
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August 11, 2020, 01:48:04 PM

source is me, doofus, predicting how it might turn out.
but maybe not. hope not
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August 11, 2020, 01:49:20 PM

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

Yes. As your posts get deleted, your activity lowers as well... which is kinda ironic, because manually deleting every message you have ever posted on this site is a heck of a lot of activity.

thanks Bob. that changes a lot. but if you want more opsec there is no way around i guess.
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August 11, 2020, 01:50:23 PM

source is me, doofus, predicting how it might turn out.
but maybe not. hope not

who is "doofus"? the source?

https://youtu.be/HrcbCW4y9Dw
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August 11, 2020, 01:57:33 PM

Putin : Vaccine is ready...  Roll Eyes


Sure. I would trust the Russians till the end of the earth....

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August 11, 2020, 02:06:02 PM

Yes. The bull market really started April 2019. What’s started recently is the early main bull phase, it’s Q4 2016 all over again, but different dynamics and themes at play.

https://twitter.com/woonomic/status/1292837821909090304?s=21

That is something similar to what I have been saying, but of course it is nice to hear credible others make similar assertions, too.

My assertion has been that the bull market started in April 2019, but it was not really confirmed as entering into bullish status until about the middle of May 2019.
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August 11, 2020, 02:12:43 PM

almost all WO's united. nice.  Grin
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August 11, 2020, 02:35:36 PM

source is me, doofus, predicting how it might turn out.
but maybe not. hope not

who is "doofus"? the source?

https://youtu.be/HrcbCW4y9Dw

Nice to wake up to a little cat fight in the morning.






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almost all WO's united. nice.  Grin

Not quite.    Wink




 Cheesy Cheesy Cheesy Cheesy
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August 11, 2020, 02:41:45 PM

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.


Is this why we've dropped a little do you think? The current price is around what these folks paid per bitcoin.
https://cointelegraph.com/news/worlds-biggest-business-intelligence-firm-buys-21k-btc-for-250m
Quote
Barry Silbert, CEO of crypto investment giant Grayscale, also praised the company’s decision. He tweeted:
    “MicroStrategy, a $1.2 billion company, just turned itself into a publicly-traded bitcoin play. Smart.”
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August 11, 2020, 02:47:40 PM

MicroStrategy® ran the fucking numbers.  Cool
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August 11, 2020, 02:53:45 PM

mother of fuck

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

 Grin

.1 % of entire supply. They are planning long term.
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August 11, 2020, 02:57:36 PM
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Is this why we've dropped a little do you think? The current price is around what these folks paid per bitcoin.

Buy the rumour, sell the news? Maybe?
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August 11, 2020, 03:28:06 PM

Putin : Vaccine is ready...  Roll Eyes

Sure. I would trust the Russians till the end of the earth....
Feeling good after your comments about Russians  Cheesy Grin

              
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August 11, 2020, 03:30:24 PM
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Bob, is the "Activity" connected with the post amount? So, if you delete your posts the "Acitivity" will decrease too?  Roll Eyes

Yes. As your posts get deleted, your activity lowers as well... which is kinda ironic, because manually deleting every message you have ever posted on this site is a heck of a lot of activity.

thanks Bob. that changes a lot. but if you want more opsec there is no way around i guess.

Activity and post count are linked but there is another factor, time. Activity is the number of days since the first post on the forum, assuming you post at least once every 14 days (activity period), and assuming you average 1 post/day. Less than 1 post/day, your activity will be equal to your post count. Miss an activity period, you lose the opportunity to get 14 activity.

If Bob continue to post at some point his post count will exceed his activity again.
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August 11, 2020, 03:31:43 PM

Who sold them 21,454 bitcoins?
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August 11, 2020, 03:32:32 PM
Merited by vapourminer (1), JayJuanGee (1), BobLawblaw (1)

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.

<snip>


Seriously tho, how the fk is this company still around? And how do they have $250M in cash just laying around?

MicroStrategy had a huge stock run-up during the Dot Com bubble, but crashed massively thereafter and should have gone completely bankrupt. How they survived when so many other dot coms got wiped out is completely beyond me.

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