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

[d_eddie]

Can you imagine working in Gamestop HQ. Your stores have been closed for a year due to a plandemic and your stock is way down...facing bankruptcy, you see the writing on the wall when a major hedge fund known for killing companies shorts the shit out of your stock and starts having their media puppets talk about how worthless your stock is...
You sit there at the office, go on Monster.com to find another job, you start packing up your personal items so you don't have to worry about them later, you check in on your co-workers that will probably have a hard time finding another job...

Then you come into work the next day and find out that some random reddit posts are turning your company into the next Google.

 I bet you it would be similar to working an night shift at any other nondescript location having worked there for many years with no desire to find any other employment because it all sucks, checking your phone on your lunch break and seeing a bitcoins value skyrocketing towards nineteen thousand dollars US and realizing that your night-shift-working days are about to be terminated with prejudice.  No other job required. 
 It would be similar to that but not quite as good

Soo true dat. And on topic.

+1 WOsMerit!

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[Hueristic]

Here's an orderly Twitter summary
https://twitter.com/MrBrownEyes2020/status/1354517067240771584

...and an update
https://twitter.com/MrBrownEyes2020/status/1355533800307122177

This guy seems to know what he's talking about.

Now here's where it gets interesting.

After this market crash, where mostly only hedge funds and institutional buyers could buy, the short interest went from 100% to 75%. Meaning these hedge funds bought back a quarter of ALL SHARES while the market was deliberately crashed

This whole fiasco shows how badly the game is rigged, and that the “free market” is only allowed to operate if it benefits Wallstreet.

Of course we all know no-one will pay for this over maybe a small slap on the wrist fine.

[Hueristic]

Photoshopped.

https://www.wsj.com/articles/keith-gill-drove-the-gamestop-reddit-mania-he-talked-to-the-journal-11611931696

[DIA7]

The hedge fund fuckers are going to short bitcoin with 1Bilion$.
Sure they want to lose more money now because that 1billion is nothing compared to Bitcoin Market cap value that's close to 635Billion.
This move could impact the volatility on bitcoin.

[serveria.com]

The hedge fund fuckers are going to short bitcoin with 1Bilion$.
Sure they want to lose more money now because that 1billion is nothing compared to Bitcoin Market cap value that's close to 635Billion.
This move could impact the volatility on bitcoin.

Source? Insider info? Or SOMA...  

[Hueristic]

The hedge fund fuckers are going to short bitcoin with 1Bilion$.
Sure they want to lose more money now because that 1billion is nothing compared to Bitcoin Market cap value that's close to 635Billion.
This move could impact the volatility on bitcoin.

I wish, those greenbacks would go well to adding to our stacks.

[DIA7]

The hedge fund fuckers are going to short bitcoin with 1Bilion$.
Sure they want to lose more money now because that 1billion is nothing compared to Bitcoin Market cap value that's close to 635Billion.
This move could impact the volatility on bitcoin.

Source? Insider info? Or SOMA...  

Lmao insider info
I wish 😂 it's according to forbes that those men in the suite have their targets on bitcoin after gamestop
https://www.google.com/amp/s/www.forbes.com/sites/billybambrough/2021/01/30/bitcoin-price-data-reveals-bitcoin-could-be-about-to-become-the-new-gamestop/amp/

[DaRude]

The hedge fund fuckers are going to short bitcoin with 1Bilion$.
Sure they want to lose more money now because that 1billion is nothing compared to Bitcoin Market cap value that's close to 635Billion.
This move could impact the volatility on bitcoin.

Source? Insider info? Or SOMA...  

Lmao insider info
I wish 😂 it's according to forbes that those men in the suite have their targets on bitcoin after gamestop
https://www.google.com/amp/s/www.forbes.com/sites/billybambrough/2021/01/30/bitcoin-price-data-reveals-bitcoin-could-be-about-to-become-the-new-gamestop/amp/

According to https://www.theblockcrypto.com/data/crypto-markets/futures which is the ultimate source of forbes "Contributor", hedge funds also have $750MM long interest so the ration is nothing crazy. Market manipulations are frowned upon in these parts of the town. Hold your own keys and don't worry about traders being traders

[Biodom]

WSB crowd (at least some) would do this, imho:
gme-->doge-->btc

[vapourminer]

WSB crowd (at least some) would do this, imho:
gme-->doge-->btc

some maybe. others would do

gme-> doge-> short aapl leveraged 500x -> GUH!

GUH! seems to be the endgame.

i think they just want to break wall street. after that it will be like the dog that finally catches the car it chases. just sit there smugly until they think of breaking something else.

i like them.

[Hueristic]

WSB crowd (at least some) would do this, imho:
gme-->doge-->btc

some maybe. others would do

gme-> doge-> short aapl leveraged 500x -> GUH!

GUH! seems to be the endgame.

i think they just want to break wall street. after that it will be like the dog that finally catches the car it chases. just sit there smugly until they think of breaking something else.

i like them.

https://www.youtube.com/watch?v=qKXrVriacUM

Lol.

[yefi]

That's called a "bucket shop", totally been done before. Pretty good fraud profit to be honest.

Or as the SEC would call it "resilient market infrastructure".

It's about time markets dropped these leeches and settled trades on a blockchain (ideally Bitcoin's via sidechain or second-layer).

[Sayeds56]

My enemies enemy is my friend.

This.

This move is like the rebel yell of the exploited, kicking off the revenge of "Occupy Wallstreet".
Hodlers and WSB are brothers in arms.

[PhoenixZephyrus]

Treasury Secretary Yellen received over $800k in speaking fees from hedge fund involved in GameStop controversy

Fox News and other media sources are reporting that Janet Yellen, confirmed just this week as Treasury Secretary with only a handful of Republicans voting against her received around $810,000 in speaking fees from a hedge fund that bailed out one of the primary “victims” of the recent GameStop “controversy.”

Fox says that Yellen’s financial disclosure showed she made over $337,000 over multiple days last October from Citadel. She made an additional $292,500 in October 2019 and $180,000 in December of that same year.

"Speaking fees". Not really much familiar with that term, I'm not from the US. But it seems like some kind of twisted way to make bribes acceptable to be spoken about publicly. Imagine betraying 300 million people for $800K.

[rolling]

Treasury Secretary Yellen received over $800k in speaking fees from hedge fund involved in GameStop controversy

Fox News and other media sources are reporting that Janet Yellen, confirmed just this week as Treasury Secretary with only a handful of Republicans voting against her received around $810,000 in speaking fees from a hedge fund that bailed out one of the primary “victims” of the recent GameStop “controversy.”

Fox says that Yellen’s financial disclosure showed she made over $337,000 over multiple days last October from Citadel. She made an additional $292,500 in October 2019 and $180,000 in December of that same year.

"Speaking fees". Not really much familiar with that term, I'm not from the US. But it seems like some kind of twisted way to make bribes acceptable to be spoken about publicly. Imagine betraying 300 million people for $800K.

They only get paid when they are not in office. Private citizens get paid to speak all the time. She can't do that anymore now that she is the Treasury Secretary. The point was that she will be lenient on Citadel since they gave her so much money before.

[Imbatman]

This should be more bullish than when PayPal jumped in no?

I would love to switch over my BOA rewards VISA to a BOA BTC rewards VISA, just no $200 annual fee please and thank you.

https://www.yahoo.com/finance/news/visa-may-add-cryptocurrencies-payments-154357379.html

[shahzadafzal]

Wow @CoinMarketCap added WallStreetBets (WSB) to their listing at #0 bravo... well played i guess... and did you notice the watchlist? guess who's watching?

Message from CoinMarketCap

"All UR MeMes R belong to us and Charmander-marth!!!!!111. We seek alpha and master beta. Please note that this is a joke- no such asset exists.
If you see similarly-named projects, please perform the requisite due diligence and do not ape into anything associated with this page."





https://coinmarketcap.com/currencies/wallstreetbets/

[DaRude]

So what happens when WSBers realize that they can go the other way and also short a company over 100% into a bankruptcy? Are corporate raids/hostile takeovers next?

[Imbatman]

So what happens when WSBers realize that they can go the other way and also short a company over 100% into a bankruptcy? Are corporate raids/hostile takeovers next?

Why would they do that?  Their entire mission was predicated on putting firms who short companies out of business.  These hedge funds that make money by betting against corporate America add nothing to society.  Absolutely nothing.  I applaud what they are doing wholeheartedly. 

[Star Platinum]

So what happens when WSBers realize that they can go the other way and also short a company over 100% into a bankruptcy? Are corporate raids/hostile takeovers next?

Nothing, your basically pooling together millions of dollars so you can give billionaires a better deal on a stock they already wanted to buy