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

[serveria.com]

Hello WO Gang.

Just to let you know that I interviewed a lot of fellow forum members.

You can read my interviews here:
[Interviews] with Bitcointalk members

In addition to that I opened a competition to vote for the best interview here:

[Vote 2020] Best Bitcointalk Interview

Prizes for the best interview and for voters too!

You are welcome to join for an interview or voting the best one!

Right forgot about that PM.... srry.....

Will read it soon-ish

Actually I see “mindrust” was interviewed....
Curious what he had to say

Invest only what you can afford to lose bla bla bla I don't care what the price of BTC will be bla bla bla ..  He has mentioned shitcoins and trading but he hasn't mentioned hodling....  smells like bitterness... 

[marcus_of_augustus]

Hello WO Gang.

Just to let you know that I interviewed a lot of fellow forum members.

You can read my interviews here:
[Interviews] with Bitcointalk members

In addition to that I opened a competition to vote for the best interview here:

[Vote 2020] Best Bitcointalk Interview

Prizes for the best interview and for voters too!

You are welcome to join for an interview or voting the best one!

OpSec much?

Which russian extortion mob, or tax department, do you work for?

[cygan]

the best thing about the current course is that he has been in the 19k range for a few days now and is now moving sideways ... enough time to get the power for the next green candles

[OutOfMemory]

So i finally received my "black friday" ledger nano S.
The next step was to request ledger.fr to delete my personal data from their e-commerce systems, pointing them to Art 17. of the EU's GDPR (a.k.a. "right to be forgotten").
They have to keep parts of the data, for example for legal purposes, but since the order got completed by signed delivery, they should delete the order data from their shopping server, which is accessible from the www.
A part of the procedure is to notify the requesting person of deletion asap, if possible even send some kind of proof.
I'll keep you updated on this.

Gotta go to the workshop now, crafting some fresh jewelry for them customers, having the next bitcoin pump in the back of my mind (and i hope in front of my eyes when i have returned, hahaha).

L8erz

[serveria.com]

the best thing about the current course is that he has been in the 19k range for a few days now and is now moving sideways ... enough time to get the power for the next green candles

Actually yes, that and also the inability of bears to drag the price down... 

[bitcoinPsycho]

Observing @ $19,000

Observing @ $19,070

I have not forgot, observing @ $19,080

Observing @ $19,000

Did I make a point?

Yes you are very observant



Observing $18954

[LFC_Bitcoin]

Actually I see “mindrust” was interviewed....
Curious what he had to say

That would be interesting

Anybody have a link to his interview?

Edit - Found it
https://bitcointalk.org/index.php?topic=5262967.msg55414748#msg55414748

1. When and why did you become interested in cryptocurrencies?

In late 2013 and early 2014 when Gox was happening.

 
2. When and why did you buy your first bitcoin?

In 2015 when it was around $500.


3. How did you get on the forum?

I can't really remember. Probably google showed me the way.


4.1. What prevents mass adoption of cryptocurrencies?

Decentraliation is cryptocurrencies' own enemy. It is their weakness and strength at the same time. Only the smartest and most careful people are eligible to use these currencies and most people are either careless or illiterate or too old.


4.2. How do you think mass advertising of gambling projects has a positive effect on the development of the forum or harms the community?

Gambling is mathematics. If you understand mathematics, you wouldn't gamble too much. Who cares what other people do? Finance is a zero sum game. Some people's loss is other people's gain. Not everybody can be on the winning side, it is against the math. Gambling anonymously with crypto is one of the best use cases of crypto. Without these casinos, crypto wouldn't have become what it is today.


4.3. How do you consider whether 2-3 years of experience in cryptocurrency is enough to successfully invest or does an investor need to receive special education?

Even 1000 years won't be enough in a market where common logic doesn't work. Never invest in crypto more than you could afford to lose. I see most of  them as fun lottery tickets.


5. What do you think of the current Merit system and signature campaigns?  Do they harm the forum?

Action > Reaction. Everything you do in life creates a response. Even not doing anything is actually doing something because you still exist and affecting the balance of the universe.

The current merit system is an action which reduced the forum spam, as a reaction the forum lost its traffic. I think it delayed the spam for like 1 year or so but it won't take long before the forum goes to its inital spammy stage.

Signature camps are the only reason why most people still post here. It doesn't matter which sig camp it is. If you are getting paid by posting, 99 out of 100 times it means you are here to get paid. Do they harm the community? Without them there wouldn't be a forum to write in.

 
6. The most useful forum topic? Most helpful users?

As far as I remember I only heavy merited 2 guys before. One of them was Royse777 and the other was webtricks. This was just my personal experience. There are obviously other good guys.  These were the most helpful to me.


7. 3 things you would implement on the forum?

Nothing, it is fine just like this.


8. Do you trade on exchanges or invest in projects?

No.


9. Tell a story about your big profit or big loss?

I don't share my personal earnings or losses.

10. What do you think about the DEFI ecosystem?

I don't know much about it and I don't want to know about it.

11. Is your anonymity a vital necessity or precaution?

Depends on what you are doing.

12. The last cryptocurrency book you read?

There isn't one.

13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?

I don't give investment advices.

14. How much will Bitcoin cost at the end of 2020?

I don't really care. I can afford to lose what I got inside. Also, see "Answer 13".

15. P.S. (Optional)

Don't invest more than you could afford to lose. Hug your girlfriend (or your cat or your dog ) when you get home. Because you'll never know what's going to happen tomorrow. Don't stare too much at charts, better yet, don't do it at all.

9. Tell a story about your big profit or big loss?

I don't share my personal earnings or losses.

[vroom]

what if the mindtrust incident is just another kind of boating accident?

[cAPSLOCK]

what if the mindtrust incident is just another kind of boating accident?

Yeah.  If I had ever actually collected any Bitcoin, I would definitely be working on the whole "I don't have any/much bitcoin anymore" narrative for sure.

That would be a lot of trouble... the bright side of not really having any, I guess.

[soullyG]

*MICROSTRATEGY TO OFFER $400M OF CONV SR NOTES

Buying even more bitcoin

https://twitter.com/zerohedge/status/1336053186482802688

More info here:
https://www.coindesk.com/microstrategy-raising-400m-to-buy-more-bitcoin

MicroStrategy said Monday it plans to sell up to $400 million in a convertible senior notes sale that will fund yet more bitcoin allocations.

MicroStrategy Incorporated today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

MicroStrategy also expects to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $60 million aggregate principal amount of the notes. The offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the offering may be completed.

The notes will be unsecured, senior obligations of MicroStrategy and will bear interest payable semi-annually in arrears on June 15 and December 15o f each year, beginning on June 15, 2021. The notes will mature on December 15, 2025, unless earlier repurchased, redeemed or converted in accordance with their terms. Subject to certain conditions, on or after December 20, 2023, MicroStrategy may redeem for cash all or a portion of the notes.

The notes will be convertible into cash, shares of MicroStrategy’s class A common stock, or a combination of cash and shares of MicroStrategy’s class A common stock, at MicroStrategy’s election. Prior to June 15, 2025, the notes will be convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the second scheduled trading day immediately preceding the maturity date. The interest rate, conversion rate, conversion price and certain other terms of the notes will be determined at the time of pricing of the offering.

MicroStrategy intends to invest the net proceeds from the sale of the notes in bitcoin in accordance with its Treasury Reserve Policy pending the identification of working capital needs and other general corporate purposes. The notes will be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act.

The offer and sale of the notes and the shares of MicroStrategy’s class A common stock issuable upon conversion of the notes, if any, have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and the notes and any such shares may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. Any offer of the notes will be made only by means of a private offering memorandum

https://www.scribd.com/document/487279935/MicroStrategy-Convertible-Senior-Notes-sale

[AlcoHoDL]

I read mindrust's interview. Disappointing answers. My 13 y-o niece would give smarter and more mature answers (I have set her up with some BTC in her personal wallet, and she's loving it—sometimes she calls me to tell me about price pumps).

Pity... I thought mindrust was on a higher level than the sorry-ass answers he provided.

Unless it's all a kebab accident.

[Hueristic]

FOR THOSE WITH A CLOSED VIEW

I see those crappy cryptocurrencies getting called shitcoins more and more often! That feels good.
Soon there will be no coin below 0.01 Above 0.00000001 BTC they will all get smashed in btc value.

FTFY

[d_eddie]

That reminds me. Do we have any female Merit beggars on this forum?

Keeping in mind the way some people on these boards go crazy for a single Merit, I can't help but wonder what they would be willing to do for a single satoshi.

Not many gals at all round here. And if there were, I doubt they'd go too far for a single satoshi. Maybe it's better to look in the nocoiner crowd 

[philipma1957]

BTC moving like A:




https://www.reptilefact.com/wp-content/uploads/2019/05/Sidewinder-Snake.jpg

[DaRude]

*MICROSTRATEGY TO OFFER $400M OF CONV SR NOTES

Buying even more bitcoin

https://twitter.com/zerohedge/status/1336053186482802688

More info here:
https://www.coindesk.com/microstrategy-raising-400m-to-buy-more-bitcoin

MicroStrategy said Monday it plans to sell up to $400 million in a convertible senior notes sale that will fund yet more bitcoin allocations.

MicroStrategy Incorporated today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

MicroStrategy also expects to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $60 million aggregate principal amount of the notes. The offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the offering may be completed.

The notes will be unsecured, senior obligations of MicroStrategy and will bear interest payable semi-annually in arrears on June 15 and December 15o f each year, beginning on June 15, 2021. The notes will mature on December 15, 2025, unless earlier repurchased, redeemed or converted in accordance with their terms. Subject to certain conditions, on or after December 20, 2023, MicroStrategy may redeem for cash all or a portion of the notes.

The notes will be convertible into cash, shares of MicroStrategy’s class A common stock, or a combination of cash and shares of MicroStrategy’s class A common stock, at MicroStrategy’s election. Prior to June 15, 2025, the notes will be convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the second scheduled trading day immediately preceding the maturity date. The interest rate, conversion rate, conversion price and certain other terms of the notes will be determined at the time of pricing of the offering.

MicroStrategy intends to invest the net proceeds from the sale of the notes in bitcoin in accordance with its Treasury Reserve Policy pending the identification of working capital needs and other general corporate purposes. The notes will be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act.

The offer and sale of the notes and the shares of MicroStrategy’s class A common stock issuable upon conversion of the notes, if any, have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and the notes and any such shares may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. Any offer of the notes will be made only by means of a private offering memorandum

https://www.scribd.com/document/487279935/MicroStrategy-Convertible-Senior-Notes-sale

$400MM @ $20k/BTC is 20.000BTC. At 900BTC mined per day that's 22days just for MicroStrategy

[cAPSLOCK]

The whole time bitcoiners have wrung their hands over all the speculative attacks.

Quantum computing, forks, bugs, 51% attacks, nation state bans, frauds, and so on.

Then one day a bitcoiner launched the first serious speculative attack against the current system.

Welcome to the black hole gentlemen.

[Biodom]

BTC moving like A:

hey...are you saying that bitcoin belongs to the "Slytherin House".
Actually, maybe, but I always thought that it fits "Ravenclaw" the most.

[Biodom]

*MICROSTRATEGY TO OFFER $400M OF CONV SR NOTES

Buying even more bitcoin

https://twitter.com/zerohedge/status/1336053186482802688

More info here:
https://www.coindesk.com/microstrategy-raising-400m-to-buy-more-bitcoin

MicroStrategy said Monday it plans to sell up to $400 million in a convertible senior notes sale that will fund yet more bitcoin allocations.

MicroStrategy Incorporated today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

MicroStrategy also expects to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $60 million aggregate principal amount of the notes. The offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the offering may be completed.

The notes will be unsecured, senior obligations of MicroStrategy and will bear interest payable semi-annually in arrears on June 15 and December 15o f each year, beginning on June 15, 2021. The notes will mature on December 15, 2025, unless earlier repurchased, redeemed or converted in accordance with their terms. Subject to certain conditions, on or after December 20, 2023, MicroStrategy may redeem for cash all or a portion of the notes.

The notes will be convertible into cash, shares of MicroStrategy’s class A common stock, or a combination of cash and shares of MicroStrategy’s class A common stock, at MicroStrategy’s election. Prior to June 15, 2025, the notes will be convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the second scheduled trading day immediately preceding the maturity date. The interest rate, conversion rate, conversion price and certain other terms of the notes will be determined at the time of pricing of the offering.

MicroStrategy intends to invest the net proceeds from the sale of the notes in bitcoin in accordance with its Treasury Reserve Policy pending the identification of working capital needs and other general corporate purposes. The notes will be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act.

The offer and sale of the notes and the shares of MicroStrategy’s class A common stock issuable upon conversion of the notes, if any, have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and the notes and any such shares may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. Any offer of the notes will be made only by means of a private offering memorandum

https://www.scribd.com/document/487279935/MicroStrategy-Convertible-Senior-Notes-sale

"A million btc were not enough for Saylor"
(paraphrasing Dune)

[marcus_of_augustus]

https://www.coindesk.com/microstrategy-raising-400m-to-buy-more-bitcoin



It's about sending a message ... fiat-debt system is officially on notice that speculative attacks can go both ways.

https://nakamotoinstitute.org/mempool/speculative-attack/

... and soundest money usually triumphs.

[lightfoot]

The whole time bitcoiners have wrung their hands over all the speculative attacks.

Quantum computing, forks, bugs, 51% attacks, nation state bans, frauds, and so on.

Then one day a bitcoiner launched the first serious speculative attack against the current system.

Welcome to the black hole gentlemen.

What, Mindrust? What did he do now?