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

[El duderino_]

The short opportunities continue to grow as fake news fuels the bitcoin HOAX. Little Shatoshi's project has failed as I proved years ago, but the fake news keeps fooling people into losing their money. Smart money will enter high leveraged short positions and keep them open in preparation for the epic meltdown soon to come. Bitcoin shorts will be the greatest trade, possibly in the history of the world.

Imagine ... new people coming on the forum, reading some posts of you, then decide not buying btc cause having some belief in what you wrote...

Those people had an amazing opportunity in financial freedom and an escape of central banking etc

Later on they see BTC isn’t a hoax, price has appreciated much higher and they are feeling miserable cause of missing out early on BTC ...

Could you honestly live with those situations you “maybe” create??

Probably most of them might still buy later or whatever.... but those that are missing cause of you ....

I would feel bad.

[philipma1957]

One of the main reasons why we (at least I) despise banks, governments and corporations, namely their appalling bureaucracy and their slowness and horrible lack of efficiency, should be used as a protection against them. Fill out their forms and reply to their questionnaires in a way that satisfies them, and you'll probably be perfectly fine....

Oh of course. It's not that big a deal, bitcoins go through a special account at the bank that is KYCed and all taxes are paid and so forth. It's just annoying to see it going into every aspect of one's life. Plus I remember paypal hacks and know the damage having too much information out there can cause.

So if I don't need PP I don't need to give them even more data to lose. Plus there is that "if you don't control your keys, it's not bitcoin" voice that whispers in the back of my head.

If you have 10 btc in your  own set of wallets you don't need PayPal btc.

[El duderino_]

'member, lads, don't waste your money on this stuff



get something like this instead

A Lambo has a lot lower total cost of ownership than a redhead.

But a redhead is faster 0 - 60

I have to be honest brothers.... No red head for this WO here 

[B1tUnl0ck3r]

The fake stolen election admin just said that btc is against the paris accord, co2, yada, energy blah blah... enjoy... .

[Cryptotourist]

They have been around for many years and know how to survive.

Yeah, so did the dinosaurs.

[B1tUnl0ck3r]

update (still unconfirmed) : owning, purschasing, running any ASICs for cryptos will be outlawed too in USA...

enjoy da ride !

(edit: please quote you read it here first...).

[Cryptotourist]

update (still unconfirmed) : owning, purschasing, running any ASICs for cryptos will be outlawed too in USA...

enjoy da ride !

(edit: please quote you read it here first...).

I'll quote ya, but I find this very, very hard to believe.
If it doesn't work out like that, how are we going to whiplash you?

[Krubster]

The fake stolen election admin just said that btc is against the paris accord, co2, yada, energy blah blah... enjoy... .

[friends1980]

One of the main reasons why we (at least I) despise banks, governments and corporations, namely their appalling bureaucracy and their slowness and horrible lack of efficiency, should be used as a protection against them. Fill out their forms and reply to their questionnaires in a way that satisfies them, and you'll probably be perfectly fine....

Oh of course. It's not that big a deal, bitcoins go through a special account at the bank that is KYCed and all taxes are paid and so forth. It's just annoying to see it going into every aspect of one's life. Plus I remember paypal hacks and know the damage having too much information out there can cause.

So if I don't need PP I don't need to give them even more data to lose. Plus there is that "if you don't control your keys, it's not bitcoin" voice that whispers in the back of my head.

I wonder if there could be a way to turn this whole KYC and ID thing to our advantage. For instance, what if we would simply post all of our private data on the net? If we then were accused of something that leads back to us, we could simply answer: sure, but that could have been anybody, because my data is publicly available anywhere. (let's be honest, government security has more holes than a sieve anyway, so our info probably is up for grabs already...)

[Cryptotourist]

I wonder if there could be a way to turn this whole KYC and ID thing to our advantage. For instance, what if we would simply post all of our private data on the net? If we then were accused of something that leads back to us, we could simply answer: sure, but that could have been anybody, because my data is publicly available anywhere. (let's be honest, government security has more holes than a sieve anyway, so our info probably is up for grabs already...)

That's like saying, "if you find me - you can fuck me, and if you don't - I will be under the stairs."
Ever heard of identity theft? It's called private data for a pretty good reason.

[friends1980]

I wonder if there could be a way to turn this whole KYC and ID thing to our advantage. For instance, what if we would simply post all of our private data on the net? If we then were accused of something that leads back to us, we could simply answer: sure, but that could have been anybody, because my data is publicly available anywhere. (let's be honest, government security has more holes than a sieve anyway, so our info probably is up for grabs already...)

That's like saying, "if you find me - you can fuck me, and if you don't - I will be under the stairs."
Ever heard of identity theft? It's called private data for a pretty good reason.

Although in reality I would have hidden a sheep under the stairs.

[Cryptotourist]

Although in reality I would have hidden a sheep under the stairs.

In that case, if something goes South, you will need to prove that you are not a sheep.
Best to be on the sincere side, and ... hide!

*. Just remembered about a guy that spent many years in jail, for pretending to be someone else (a serial killer), and evidently was sentenced as if he was the one.
That was before DNA testing - which actually set him free, decades later.

[Torque]

500 years ago in northern Italy banking was invented and changed the world. trade was enabled like never before in history. to transport money over time and space in a trusted and reliable way was the business model of the banks ever since then.

this monopoly was granted to them for more than 5 centuries until today.

their business model got eaten by software. bitcoin.
it also gets eaten by fintech/apps
when CBDC are floating around and citizens all have a direct account with the central bank it too will eat the banks.

they have no chance. the fact that they were the masters of the universe for half a millennia puts them into a position that will make it impossible for them to understand what is going on.

in the same way traditional publishers of print news or books got eaten by software, banks will not disappear all of a sudden. 500 years is some huge momentum. it will take decades, but their fate is sealed already.

next time you are talking to a banker enjoy it as if you were able to watch some dinosaurs in rl. bitcoin is their asteroid.

There is one scenario where the banks survive though: custodial services for crypto.

I'm pretty sure that will start to become a widespread thing.

And of course, it'll be terrible all over again, because they'll fractional reserve people's crypto holdings to death as well.

They'll charge fees for everything: transfers in, transfers out, conversions, cold storage, you name it. They'll have a tiered system of fees based on fiat value (like it fkn matters the $$ amount).

And the banks will lop off some "insignificant" trailing digits from everyone's crypto amounts and sweep the dust, which will prove to be a lucrative boon for them in the long run.

[Imran232]

@xhomerx10 Thanks for this hat today I am also officially member of this hat club really happy and appreciate your this effort.

Its looks gorgeous in your head. Congratulations, i am truely soo much happy on your this achievement.  Enjoy your achievement and celebrate this. I knkw you deserve that type of achievement because you work soo much good and appreciate able.  Again congratulations 😍😍

[Arriemoller]

As a long-term investment, I think she turned out quite fine:



Plagiarism disclaimer: I didn't take this picture myself - no shit.

(not sure if this is a generation gap thing, but I do sincerely hope I'm not the only one who recognized this "hottie", otherwise I'd feel horribly old)

A late 70s model Ripley is a fine investment.

[V8s Road Warrior]

https://twitter.com/msantoriESQ/status/1329898854242603012

1/
🚨
 BREAKING: US Office of the Comptroller of the Currency proposes rule prohibiting large banks from discriminating against "legal but disfavored" customers like oil & gas biz, independent ATM operators and of course...

crypto companies.

[V8s Road Warrior]

https://twitter.com/DTAPCAP/status/1330030803338850305

Breakthrough use-case for $USDC -- with US Govt permission, we partnered with the exiled govt of Venezuela (@jgauido) and Airtm @theairtm to distribute aid to people and healthcare workers in Venezuela.  Stablecoins now a tool of US foreign policy --

[V8s Road Warrior]

https://www.technologyreview.com/2019/04/10/136131/chinese-scientists-have-put-human-brain-genes-in-monkeysand-yes-they-may-be-smarter/

great so the deeply racist chinks just arm some monkeys with guns and you get what you voted for

[V8s Road Warrior]

https://www.zerohedge.com/geopolitical/so-what-great-reset

reset my arse

[UmerIdrees]

@xhomerx10 Thanks for this hat today I am also officially member of this hat club really happy and appreciate your this effort.

Congratulations brother !!!

Can you tell me how one can become the member of this hat club and get a customized cap too?