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

[Tash]

Some trading side have outages, Cash App and others also suspended trading with particular stocks
https://downdetector.com/

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[dieselmeister]

If it is about naked short selling, I hope this little farce will bring the much deserved scrutiny on the practice of mass naked short selling.

Absolutely, and all for it. Melvin apparently shorted 140% Gamestop stock. What's even better is the Gamestop slogan is perfect for sticking it to the man: Power to the Players

The only way out in the future is, to forbidd to lend more stocks, than exisits. I wondering, if that is possible also in Europe.

[Torque]

This is complete and utter bullshit.

Robinhood bars users from buying GameStop stock, infuriating its users
https://finance.yahoo.com/news/robinhood-bars-users-from-buying-game-stop-stock-infuriating-its-users-144007484.html

I guess free markets aren't really free then?  

The name "Robinhood" is mis-named... they take from the poor and give to the rich assholes.

Without government intervention, this one Gamestop stock could topple the world economy. The losses are unlimited since there aren't enough shares in existence to cover the short and most of the people holding the shares aren't selling anyway. The shorts are actually increasing now as the price goes higher.

If the government does step in, it will just add fuel to the fire for the next stock they target (or silver).

They probably just did.

[dieselmeister]

https://www.zerohedge.com/crypto/dumbest-argument-weve-ever-heard-against-cryptocurrency


Quote from the Text:

Yesterday they held a live virtual panel entitled “Resetting Digital Currencies”.
And, naturally they sought out the finest ‘experts’ in cryptocurrency, including:

- The CEO of Western Union, a company whose last financial innovation was when they put the Pony Express out of business in 1861;

- The Governor of the Bank of England, a central bank whose entire existence is the complete opposite of the decentralized cryptocurrency ethos; and

- Her Majesty Queen Maxima of the Netherlands.

Yes I’m serious.

[dieselmeister]

This is complete and utter bullshit.

Robinhood bars users from buying GameStop stock, infuriating its users
https://finance.yahoo.com/news/robinhood-bars-users-from-buying-game-stop-stock-infuriating-its-users-144007484.html

I guess free markets aren't really free then?  

The name "Robinhood" is mis-named... they take from the poor and give to the rich assholes.

never were free at all. They implemented rules, called regulations, which they claim, are missing in the crypto currency space. But even cryptos have rules.

[strawbs]

[Elwar]

I installed Robinhood to see if I could walk one of my family members through the process of buying BTC on there. Never could get it to work (they didn't accept my bank login).

So today I contacted them and told them to delete my account. Told them it was because they wouldn't let people trade in stocks they want to when the big boys get hurt.

[strawbs]

I just had to get in on the GME action yesterday. Those guys over on r/wallstreetbets are basicaly our brothers in arms. Anything which helps to destroy those hedge fund fuckers....

[Elwar]

I just had to get in on the GME action yesterday. Those guys over on r/wallstreetbets are basicaly our brothers in arms. Anything which helps to destroy those hedge fund fuckers....

[OutOfMemory]

NYSE closed GME trading?
That didn't age well. Stockfuckheads trying to scam Wallstreetbets. 

[jojo69]

https://www.zerohedge.com/crypto/dumbest-argument-weve-ever-heard-against-cryptocurrency


Quote from the Text:

Yesterday they held a live virtual panel entitled “Resetting Digital Currencies”.
And, naturally they sought out the finest ‘experts’ in cryptocurrency, including:

- The CEO of Western Union, a company whose last financial innovation was when they put the Pony Express out of business in 1861;

- The Governor of the Bank of England, a central bank whose entire existence is the complete opposite of the decentralized cryptocurrency ethos; and

- Her Majesty Queen Maxima of the Netherlands.

Yes I’m serious.

https://bitcointalk.org/index.php?topic=178336.msg56197300#msg56197300

[Gyrsur]

should I tell you what the WSB thing really about is:

Market Manipulation is a fact in EVERY market. there is NO thing like free markets and wisdom of the market. that's all BS!

Markets are for redistribution from the ppl w/o power to the ppl w/ power.

THAT is what the Banksters are really afraid about: their "little" secret became public knowledge proven by reality.

[fillippone]

Shoot!

"I believe Bitcoin is one hell of an invention."

Ray Dalio.

https://www.theblockcrypto.com/linked/92922/ray-dalio-bitcoin-bridgewater-associates-alt-cash-fund

I like the man!

[Torque]

I saw this comment on a r/wallstreetbets thread, and I just had to laugh.   

"WE CAN STAY RETARDED, LONGER THAN YOU CAN STAY SOLVENT!!"

[dieselmeister]

https://www.zerohedge.com/crypto/dumbest-argument-weve-ever-heard-against-cryptocurrency


Quote from the Text:

Yesterday they held a live virtual panel entitled “Resetting Digital Currencies”.
And, naturally they sought out the finest ‘experts’ in cryptocurrency, including:

- The CEO of Western Union, a company whose last financial innovation was when they put the Pony Express out of business in 1861;

- The Governor of the Bank of England, a central bank whose entire existence is the complete opposite of the decentralized cryptocurrency ethos; and

- Her Majesty Queen Maxima of the Netherlands.

Yes I’m serious.

https://bitcointalk.org/index.php?topic=178336.msg56197300#msg56197300

Thank you, didn't notice.

[ElBinBit]

Let's go!


https://twitter.com/CryptoBull/status/1354803042143494148

https://twitter.com/WSBChairman/status/1354658870560481285

[rolling]

Just tried to buy a couple shares of GME on Schwab and they wait until you actually click the Place Order button to tell you the GME security is invalid and can't be found. This whole thing is a coordinated effort to stop the short squeeze from happening.

This is a battle that will benefit bitcoin one way or another. I think we should all do our part and at least buy a share or two (if you can find a broker who will sell you one).

Edit: Actually, I kept trying and the order went through.

[PhoenixZephyrus]

NYSE closed GME trading?
That didn't age well. Stockfuckheads trying to scam Wallstreetbets. 

Why does Bloomberg and Google show GME at $132 and $208 suddenly now? Just a few hours ago it was ~$380-400...what happened? Just curious

[Tash]

NYSE closed GME trading?
That didn't age well. Stockfuckheads trying to scam Wallstreetbets.  

Why does Bloomberg and Google show GME at $132 and $208 suddenly now? Just a few hours ago it was ~$380-400...what happened? Just curious

If you cant buy and only allowed to sell

[Torque]

NYSE closed GME trading?
That didn't age well. Stockfuckheads trying to scam Wallstreetbets.  

Why does Bloomberg and Google show GME at $132 and $208 suddenly now? Just a few hours ago it was ~$380-400...what happened? Just curious

It's called a sell-off.

You think stonks only go up? Esp without a 'buy' button? Lol