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

[Arriemoller]

I built a car when I was in my 20s, and I recently built a rocket after educating myself at the university of Youtube, and I have bitcoins, I just realized I'm just like Elon.

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[Biodom]

Any idea what was TESLA's average price for bitcoin they bought?

I think most likely at $30-32K (during Jan 21-28) because he added btc to his twitter on jan 29 causing a pop to 37K.
I don't think that he did that before the buy, lol.
If so, he already "made" >$500mil (30%) on that investment.

[Arriemoller]

I also have too much time on my hand so I looked into the Levan Polkka.
It's a Finnish polka about a girl who goes out partying against her parent's will.

https://www.youtube.com/watch?v=7yh9i0PAjck

It then apparently somehow made it to Japan

https://www.youtube.com/watch?v=TU4wnVrZXo4

And was then picked up by a Turkish blind drummer sitting on a bench drumming, and that then got a life of it's own, resulting in the video we all love.

https://www.youtube.com/watch?v=CAyWN9ba9J8

[infofront]

Any idea what was TESLA's average price for bitcoin they bought?

Elon Musk had that public exchange with Michael Saylor, that Micg posted, on Dec. 20. So, they probably bought sometime after that, unless Musk was just feigning ignorance. If they bought between 12/20 and 12/31, their average would be in the mid to upper $20Ks.

[Biodom]

Any idea what was TESLA's average price for bitcoin they bought?

Elon Musk had that public exchange with Michael Saylor, that Micg posted, on Dec. 20. So, they probably bought sometime after that, unless Musk was just feigning ignorance. If they bought between 12/20 and 12/31, their average would be in the mid to upper $20Ks.

Their public release says that they change treasury policy in January, so I assume it was later than 12/31.

[Karartma1]

Sorry guys I got caught by life a lot lately but still this is the best time to be alive really. I remember when a few of us where here during hard times, giving strength  to one another, always sharing why at some point we would have been inevitably where we are today.
Thank you all!
Enjoy the ride WOers!
#loveyouall #nohomo

[savetherainforest]

Sorry guys I got caught by life a lot lately but still this is the best time to be alive really. I remember when a few of us where here during hard times, giving strength  to one another, always sharing why at some point we would have been inevitably where we are today.
Thank you all!
Enjoy the ride WOers!
#loveyouall #nohomo

We can tell you cure for corona if life dominates you!

[Biodom]

I also have too much time on my hand so I looked into the Levan Polkka.
It's a Finnish polka about a girl who goes out partying against her parent's will.

https://www.youtube.com/watch?v=7yh9i0PAjck

It then apparently somehow made it to Japan

https://www.youtube.com/watch?v=TU4wnVrZXo4

And was then picked up by a Turkish blind drummer sitting on a bench drumming, and that then got a life of it's own, resulting in the video we all love.

https://www.youtube.com/watch?v=CAyWN9ba9J8

there is also tropical/eastern european techo-Levan Polkka:
https://www.youtube.com/watch?v=Utud81Xc-fA

and a farmer version (old):
https://www.youtube.com/watch?v=L8fW2n_ma9Y

[eddie13]

i remember long time ago there was 2 shitcoins; dodge and cat coin...i bet on cat and loooose

Oh wow! I remember catcoin, I even mined some of that shit and took it as payment for a few jobs. Goes to show cats suck.

Y’all mean kittehcoin MEOW?

Good times

[Karartma1]

Sorry guys I got caught by life a lot lately but still this is the best time to be alive really. I remember when a few of us where here during hard times, giving strength  to one another, always sharing why at some point we would have been inevitably where we are today.
Thank you all!
Enjoy the ride WOers!
#loveyouall #nohomo

We can tell you cure for corona if life dominates you!

No corona, just simple and plain life. 

[savetherainforest]

Sorry guys I got caught by life a lot lately but still this is the best time to be alive really. I remember when a few of us where here during hard times, giving strength  to one another, always sharing why at some point we would have been inevitably where we are today.
Thank you all!
Enjoy the ride WOers!
#loveyouall #nohomo

We can tell you cure for corona if life dominates you!

No corona, just simple and plain life. 

Before Corona, I always felt depressed and down. It was a vitamin deficiency. And after Corona... I've been taking 3x dose of daily "recommended" vitamin dose. And I feel great, almost feels like cocaine!!!

[UnDerDoG81]

Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.

[Biodom]

Sorry guys I got caught by life a lot lately but still this is the best time to be alive really. I remember when a few of us where here during hard times, giving strength  to one another, always sharing why at some point we would have been inevitably where we are today.
Thank you all!
Enjoy the ride WOers!
#loveyouall #nohomo

We can tell you cure for corona if life dominates you!

No corona, just simple and plain life.  

Before Corona, I always felt depressed and down. It was a vitamin deficiency. And after Corona... I've been taking 3x dose of daily "recommended" vitamin dose. And I feel great, almost feels like cocaine!!!

many young people experience vitamin deficiency:
vit B-because they don't eat enough green veggies.
vit D-because they don't spend enough time outside, spending a lot of time on computer games inside OR a strictly vegan diet.
Both vit B and vit D deficiences can cause mental problems (B) and bone pain, muscle weakness and insomnia (vit D).

[FractalUniverse]

Any idea what was TESLA's average price for bitcoin they bought?

I think most likely at $30-32K (during Jan 21-28) because he added btc to his twitter on jan 29 causing a pop to 37K.
I don't think that he did that before the buy, lol.
If so, he already "made" >$500mil (30%) on that investment.

Any idea what was TESLA's average price for bitcoin they bought?

Elon Musk had that public exchange with Michael Saylor, that Micg posted, on Dec. 20. So, they probably bought sometime after that, unless Musk was just feigning ignorance. If they bought between 12/20 and 12/31, their average would be in the mid to upper $20Ks.

Interesting. Im wondering why he was so late. He was pretty much aware of cryptocurrencies for a long time,  I remember he was tweeting about bitcoin last year. Was he too afraid to buy below 10k when it was dumping?/

[infofront]

Any idea what was TESLA's average price for bitcoin they bought?

Elon Musk had that public exchange with Michael Saylor, that Micg posted, on Dec. 20. So, they probably bought sometime after that, unless Musk was just feigning ignorance. If they bought between 12/20 and 12/31, their average would be in the mid to upper $20Ks.

Their public release says that they change treasury policy in January, so I assume it was later than 12/31.

From what I understand, they purchased the $1.5B in Q4 2020. They revised their treasury plans in January, 2021 to allow them to trade other cryptos, etc.

[Dabs]

Interesting. Im wondering why he was so late. He was pretty much aware of cryptocurrencies for a long time,  I remember he was tweeting about bitcoin last year. Was he too afraid to buy below 10k when it was dumping?/

It's that part of psychology where even if they knew about it years ago, it was too small to pay attention to. Besides, he was busy making electric cars and rocket ships. Now that they've got some cash in their treasury that they are not using at the moment (and probably don't need to), they just put it into bitcoin.

It's relatively safer now. If you had a billion dollars 10 years ago, would you put it into bitcoin? Probably not. It would have been a gamble then, but one that we now know would have made excellent returns.

Saylor himself saw bitcoin as early as 2013 but completely forgot about it and rediscovered it only last year or so. These things take time. Some "legendary investors" have got it all completely wrong, they simply just do not understand it yet. Some never will.

For those of us that do, it is still early times.

[Biodom]

Any idea what was TESLA's average price for bitcoin they bought?

Elon Musk had that public exchange with Michael Saylor, that Micg posted, on Dec. 20. So, they probably bought sometime after that, unless Musk was just feigning ignorance. If they bought between 12/20 and 12/31, their average would be in the mid to upper $20Ks.

Their public release says that they change treasury policy in January, so I assume it was later than 12/31.

From what I understand, they purchased the $1.5B in Q4 2020. They revised their treasury plans in January, 2021 to allow them to trade other cryptos, etc.

From their SEC filing:

In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. As part of the policy, which was duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.

Says that updated policy in Jan 2021 and thereafter invested.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm
pg 23

[marcus_of_augustus]

.... basically pump for ants, 42k completes the handle with scary-good timing, boomtime is upon us.

... Plottwist musk is actually part of S.African expat cabal that is satoshi, the guy who did the actual coding is in custody for gun-running and codes/hacks for the CIA while serving out his sentence

[El duderino_]

Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.

50k this week... by Friday and thats being bearish

[Dabs]

MicroStrategy bought another 100 million a week or two ago. Tesla would probably have bought before then. So within the first two weeks of January is the most likely time frame for Tesla to buy, which coincides right before Elon updated his twitter bio profile to show #bitcoin.