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

[rdbase]

The MSM right on time with the Bitcoin negative news. CNBC makes sure it's at the top of the home page these days.  
Bitcoin briefly tumbles below $30,000, falling 12% so far this week
https://www.cnbc.com/2021/01/21/bitcoin-drops-below-30000.html

"However, Biden’s choice of Treasury Secretary, former Federal Reserve Chair Janet Yellen, is a crypto skeptic who warned earlier this week that the government may need to “curtail” the use of virtual currencies to prevent illicit activity."

TL/DR Message: Dammit Average Joe, why do you care so much? Stay the fk away from Bitcoin! Janet Yellowstain is gonna smash it!

Also heard this was the reasoning behind it. With old president out new members of the team will ruffle some feathers causing shock effect so need to wait a couple of days until things settle down and they settle in knowing what is what.

Sorry, but we need sooner or later also the money of the average Joe. He buys currently gold and silver and stocks. But we also need him to sell all his gold, silver and stocks to buy bitcoins. We need to educate the average joe.

Just wait until they get a load of this asteroid with a helluva lot of those metals on it's base.
https://bitcointalk.org/index.php?topic=5311497
Elon will be manning the rocketship so to harvest the sh*t outta that mofo very soon.
Suchmoon has a point, when there is alot of surplus gold and silver their value will plummet.

[psycodad]

I decieded today, that I want to have an Urus. So ... Go Bitcoin Go... 500k needed ... badly ... When not, I am very sad with you.

Since we were assured that comrade Biden is about to install communism worldwide, I figured a Dnepr would be a good choice:



The 'Red October' model seems fitting well for these times, though I am not sure I woke some sleeping dogs when I inquired the model with an automatic gun turret instead of the passenger seat. I am not sure if the salesman really bought my reply when he asked what I need a gun turret for and I said "peaceful protests".

gentlemand really needs to come back, I am not even remotely good enough to fill the void  

Thats not a Dnepr (Ukrainian) it is a Ural (Russian)

You are absolutely right, sorry. I fixed it.
I got lost when I saw the 'Red October' from a Dnepr reseller and followed the link without noticing it is an Ural in fact.
Nonetheless, riding either of them allows you to address other people as your comrades 

[rdbase]

I think this is what they are saying caused the rip in the price yesterday:
https://bitcointalk.org/index.php?topic=5311303.0

The double spend hoax? Nahhh.
OG's know it is pure BS, as does big money - if in doubt, they ask their advisors.
Newbies could fall for that, if they even hear about it, but how much market moving muscle can be in clueless noobs who entered at 20k+?

Your very right there d_eddie.
Tone Vays just mentioned about this double spending not happening as it hasn't for a 'very longgggg time' in those very same words.
Mentioning on his livestream he'll be in Tampa later on (st. petersburg to be exact) so to come join him for drinks.
Sounded quite depressed I guess the attack on the capitol didnt go as planned so now he has to talk about bitcoin again.

[LFC_Bitcoin]

Just noticed that Last of the V8s is still AWOL, anybody got any news from him, is he well?

Also gentlemand seems gone too.

I miss both their posts.

They’re both fine, I know them away from here.

[Sayeds56]

@psycodad, I pray that the Almighty God blesses  your wife with fast and full recovery. Don't worry, Keep your faith strong. She will get well soon.

[psycodad]

Just noticed that Last of the V8s is still AWOL, anybody got any news from him, is he well?

Also gentlemand seems gone too.

I miss both their posts.

They’re both fine, I know them away from here.

Thanks for that information, very happy to hear.
(Though still missing their posting style!)

[psycodad]

@psycodad, I pray that the Almighty God blesses  your wife with fast and full recovery. Don't worry, Keep your faith strong. She will get well soon.

You probably meant philipma1957, luckily my wife was and is Covid-free and kicking.

[NeuroticFish]

Just noticed that Last of the V8s is still AWOL, anybody got any news from him, is he well?

Also gentlemand seems gone too.

I miss both their posts.

They’re both fine, I know them away from here.

This is good news.
I was a bit concerned about gentlemand since I thought that his account got hacked; his account is somewhat close to the "specs" from an account seller.
Maybe you notify him to check account and maybe change password, just in case.

[Torque]

https://twitter.com/CryptoCobain/status/1352425252551356423

[philipma1957]

Just noticed that Last of the V8s is still AWOL, anybody got any news from him, is he well?

Also gentlemand seems gone too.

I miss both their posts.

They’re both fine, I know them away from here.

Good to hear or read this.

thank you.

[Dabs]

https://twitter.com/DigitalAssets/status/1352364235242811392

Fidelity Digital Assets
@DigitalAssets
The Bitcoin White Paper by Satoshi Nakamoto laid the foundation for a groundbreaking peer-to-peer electronic cash system that now has millions of participants around the globe.

Read the White Paper now:
https://fidelitydigitalassets.com/blog/download/

https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-an-additional-10m-in-bitcoin


MicroStrategy Acquires an Additional $10 Million in Bitcoin

Form 8-K | January 22, 2021

[Torque]

https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-an-additional-10m-in-bitcoin


MicroStrategy Acquires an Additional $10 Million in Bitcoin

Form 8-K | January 22, 2021

I imagine that MicroStrategy's top investors saw the stock price action after the initial Bitcoin acquisition, and then told the CEO to "buy as many Bitcoin as you want!"

 

[600watt]

PAPER BITCOIN

https://twitter.com/DoveyWan/status/1352598399002894337

Just a kind reminder that paper bitcoin (GBTC, up coming bitcoin ETF, bitcoin index and many more quasi bitcoin thing) - Most wont have redemption rights but only a price exposure instrument to BTC as an speculative asset

So it’s the worst for your Plan฿

https://www.zerohedge.com/markets/jpmorgan-tries-slam-bitcoin-again-fails-spectacularly

bankers are our friends ?

bankers had a monopoly on handling, storing and sending OUR money that lasted 500 years. no one gives up a mulit-centennial monopoly - especially when it is all about money - without defending it to the teeth. bankers are attacked from all directions:


-every student that can program some mobile apps can go on a crusade vs the legacy banking system and calls it fintech
-every bitcoiner is a potential self-banking wizard
-central banks will find out that cbdc´s will enable them to have direct accounts with everyone - no bank as intermediary needed anymore
-check out what jack mallers is building, strike will massacre banks globally(and fintech)

the problem for banks is that thy handled two things: trust and information.

the trust they have killed themselves with their greedy, ignorant, selfish attitude for decades. they always got away with it, since they enjoyed owning this monopoly. but this is gone now. the information part they are loosing because of the rise of information technology IT.

those fuckers go down the gutter. and well deserved.

taking into account that 500 years is a long time, them slowly dying will take a while. easy another 50 years.

[Torque]

^^^^^
The lifelong usury contract with banks only works when Average Joe's income can keep up with and somewhat exceed inflation.

When that breaks down, all bets are off. The beginning of the end for banks.

[Dabs]

I've watched a few videos on youtube where Michael Saylor was a guest, each one about an hour long. He makes a lot of sense and explains in plain english what it means to him.

Considering he started learning it all just last year, in 2020, he's not bad at all. Dude is MIT graduate I think. Rocket Scientist or something.

[Dabs]

taking into account that 500 years is a long time, them slowly dying will take a while. easy another 50 years.

One day, our grand children's grand children will be talking about this thread. Bitcoin celebrates it's 500th birthday.

[Sayeds56]

@psycodad, I pray that the Almighty God blesses  your wife with fast and full recovery. Don't worry, Keep your faith strong. She will get well soon.

You probably meant philipma1957, luckily my wife was and is Covid-free and kicking.

Thanks for correction. Glad to know that your family is covid-19 free. I wish everybody who is suffering, gets well soon.

[serveria.com]

Observing $32,514.

Did somebody say bottom confirmed!

OMFG! 

[BobLawblaw]

Just noticed that Last of the V8s is still AWOL, anybody got any news from him, is he well?
Also gentlemand seems gone too.

Last I heard, they went full-on gay, and got together.

Give them some time during this honeymoon period.

I'm happy for them.

Truly.

[600watt]

I've watched a few videos on youtube where Michael Saylor was a guest, each one about an hour long. He makes a lot of sense and explains in plain english what it means to him.

Considering he started learning it all just last year, in 2020, he's not bad at all. Dude is MIT graduate I think. Rocket Scientist or something.

it is encouraging to see how fast an open, smart mind can go down the bitcoin rabbit hole.
now compare that to those who should professionally be open minded in such a way that they could at least comprehend bitcoin and write about it to their readers: the journalists.

them failing miserably for almost a decade.