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

[Biodom]

@LFC_Bitcoin final result 3-1  and final at Southampton.  

In case you're wondering how to be a great host, avoid green top!  

Barcelona-PSG is a tad more exciting  
Btw, Juve is selling Ronaldo in the summer for sure (Inter Miami? either that or some lesser club in Europe, I don't think it would be PSG).
Maybe selling for btc, lol. It would be a first.
If any of the players (or their agent) had a bit of forward thinking (like Russell Okung), it would have been done already last summer or this January.

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[Dabs]

In order for banks not to lose relevance, they will have to adapt to Bitcoin sooner or later. I believe that in the next few years it will be quite normal to have a fiat and a bitcoin account at your bank.

Would you trust your bank with your bitcoin to earn interest?

That would depend on the bank. But most probably yes. They would need some online portal where you can do deposits to their bitcoin address and allow for withdrawals, or at the very least allow for conversions to fiat.

I would not put all my corns in it, but they should be offering more than 6% interest, otherwise you'd simply go with any other offerings out there (nexo, celsius, blockfi, gemini earn).

If nothing else, if the exchange rate is good enough for you, you can deal directly with your bank instead of jumping hoops for most other exchanges. However, I think the rates for all other centralized exchanges will be very good and you'll want to stick to those for awhile.

[JimboToronto]

When you see someone doing U-turns on what he did or didn't do, and also replying to every post prodding him for his stupidity, you just know he fucked up, and trying to feel better about himself. Just like most traders/gamblers. They tend to be arrogant when they're on a winning streak, thinking they're in control, until they realize they've been working for the house all along.

"This is the end result of all the bright lights and the comp trips, of all the champagne and free hotel suites and all the broads and all the booze. It’s all been arranged just for us to get your money. That’s the truth about Las Vegas. We’re the only winners. The players don’t stand a chance." — Martin Scorsese's Casino (1995)

$27k... Yeah, right.

Remember:

Tarders/gamblers should be pitied not scorned.

Yes, their degeneracy may be born of stupidity but it's also a symptom of an addiction, a weakness.

Just as a heroin junkie or crackhead lives in squalor, panhandling and stealing for that next fix, while the druglords live in opulent splendor, the Tarding junkies moan on internet forums while the online exchange operators and money transferers get rich.

It not only requires intelligence to be a hodler, it requires strength.

[xhomerx10]

Good morning Bitcoinland.

I see we had a nice little $2.8k correction overnight and then bounced all the way back up... currently $56131USD/$71004CAD (Bitcoinaverage).

New ATH soon? Go Bitcoin go.

I think you made a typo - the tax rate on capital gains over $220,001 (to infinity - go go bitcoin!!) in Ontario 26.76%

Indeed. I meant to type 26.5%. I just pulled the number out of my memory. I'd remembered it as 26.5% instead of 26.76%.

Funny thing that... the 0.26% I'd rounded off represents over a year's property taxes on the land.

 You had me thinking I was paying too much!  I almost had a heart attack.

[JimboToronto]

I think you made a typo - the tax rate on capital gains over $220,001 (to infinity - go go bitcoin!!) in Ontario 26.76%

Indeed. I meant to type 26.5%. I just pulled the number out of my memory. I'd remembered it as 26.5% instead of 26.76%.

Funny thing that... the 0.26% I'd rounded off represents over a year's property taxes on the land.

You had me thinking I was paying too much!  I almost had a heart attack.

It could be worse. Remember George Harrison's song from 1960s Britain?

"Let me tell you how it will be... one for you, nineteen for me... 'cause I'm the taxman."

Still, "Three for you, one for me... 'cause I'm the CRA" is bad enough.

[Richy_T]

People often dream of one perfect place, but maybe having two places is better...

The thing is, with services like VRBO, it can be like having multiple places without having to have the expense of the upkeep or worrying about the property while you're not there or feeling obliged to visit it.

Not that I'm saying anyone is wrong to have one, just consider carefully if it fits your needs and your pocketbook.

[xhomerx10]

Well hello there 53K, long time no see.

first class example of a classical sashay, i love a good sashay.

almost now from a lost time of chivalry when seduction used to be more subtle, yet more sensual.

Is that a condom machine on the wall behind her? Wall Observers don’t use protection.

"she" was on the Gents toilet!  

 In the spirit of International Women's Day (March 8th for those who may not know) I'm going to wade in on this.  While this ravishing porn star does demonstrate a fine example of sashay, she was not in the men's washroom and that is not a condom machine.  The device in the background is for dispensing feminine hygiene products; one side is for napkins (pads) and the other for tampons.  Now it's time for a good-ole bat-slapping:



Take that!

 

[Philipma1957cellphone]

In order for banks not to lose relevance, they will have to adapt to Bitcoin sooner or later. I believe that in the next few years it will be quite normal to have a fiat and a bitcoin account at your bank.

Would you trust your bank with your bitcoin to earn interest?

Wrong question.

Will USA banks offer FDIC for  [ btc] account?

That would be full circle adaptation for BTC.

[dieselmeister]

Oh my! Where in the world they find these shitty TAs? What is that they'll find in a BTC graph next? A dick pointing down as a bearish sign?    

BTC going up as a bearish sign.

I hate when that happens.    

NOT..

Funny thing when I was engaging in a bit of a family group text and bitcoin came up as a topic, and when I went into a bit of a short-handed speil, my sister said:  "I don't even know what JJG just said."  So then I summed up what I had just said as:  "It's never too late to get started."  Not that I had not been saying pretty much the same thing since about $400 in late 2014 and similarly at $400 in early 2016.

Some no coiners either do not want to get it, or they are purposefully being stubborn and failing/refusing to recognize a paradigm-shifting phenomenon that is resulting in wealth transfers away from those unwilling or refusing to take even a small BTC stake.. because they cannot get over the fact that "it is really not too late, yet"..   All they can see is:  "its gotta go down sometime" even when it ends up NOT going down, they still read into the situation as if it is going to go down sooner or later and ignoring that there is UPpity in that picture too..

 Speil is a German word for "splinter" - that's a genuine Freudian slip right there; it's even in his native tongue.   Sorry.  I would normally let these little typos go but I couldn't resist on this one.

Did know "Speil" only "Splitter" for "splinter" ... But every day you learn something new ...

[Biodom]

Well hello there 53K, long time no see.

first class example of a classical sashay, i love a good sashay.

almost now from a lost time of chivalry when seduction used to be more subtle, yet more sensual.

Is that a condom machine on the wall behind her? Wall Observers don’t use protection.

"she" was on the Gents toilet!  

 In the spirit of International Women's Day (March 8th for those who may not know) I'm going to wade in on this.  While this ravishing porn star does demonstrate a fine example of sashay, she was not in the men's washroom and that is not a condom machine.  The device in the background is for dispensing feminine hygiene products; one side is for napkins (pads) and the other for tampons.  Now it's time for a good-ole bat-slapping:



Take that!

 

I did not know that uncovered titties are allowed here...well, covered with btc, I guess.
you rascal...a sudden boner notnonwithstanding  

[BitcoinBunny]

The move up is a bit subtle at the moment as is this:

[ivomm]

[Biodom]

wen $2 tril?
asking for a friend

[BitcoinBunny]

[dieselmeister]

 

[Arriemoller]

If you cross reference all of this criteria, you'll find that it narrows it down to about a half dozen states at most.

This is fun stuff. I would personally place a high value on a functioning government: The recent experience in Texas pointed out that you can have a wonderfully independent rancho apocalypse that insulates you from government stupidity however it puts you on a high value target list for your freezing and starving neighbors.

I prefer to live in an area where I don't have to evaluate my neighbors based on their caloric content. Mostly because that's a lot of un-needed stress.

I'm pretty sure the Texans didn't kill and eat each other during the blackout.

[ivomm]

NEW YORK--(BUSINESS WIRE)--Digital Currency Group, Inc. (“DCG”), the parent company of Grayscale Investments, LLC, has authorized the purchase by DCG of up to $250 million worth of shares of Grayscale Bitcoin Trust (OTCQX: GBTC). DCG plans to use cash on hand to fund the purchases and will make the purchases on the open market, at management’s discretion, in compliance with Rule 10b-18 under the Securities Exchange Act of 1934 (the “Exchange Act”).

https://www.businesswire.com/news/home/20210310005273/en/Digital-Currency-Group-Announces-Plan-to-Purchase-Shares-of-Grayscale-Bitcoin-Trust-OTCQX-GBTC#.YEjD8q1nkYU.twitter

[cAPSLOCK]

If you cross reference all of this criteria, you'll find that it narrows it down to about a half dozen states at most.

This is fun stuff. I would personally place a high value on a functioning government: The recent experience in Texas pointed out that you can have a wonderfully independent rancho apocalypse that insulates you from government stupidity however it puts you on a high value target list for your freezing and starving neighbors.

I prefer to live in an area where I don't have to evaluate my neighbors based on their caloric content. Mostly because that's a lot of un-needed stress.

I'm pretty sure the Texans didn't kill and eat each other during the blackout.

You are correct.  In fact most of us (who I know) helped each other with water, heat etc.  Texans are pissed about what happened, and it exposed issues in our infrastructure, systems, and government.  But we will fix it.  I am not a native Texan, but I have lived here long enough to appreciate who they (we) are.

[LFC_Bitcoin]

@BTC_Archive
$5.8 billion of #Bitcoin  has been moved to cold storage (private wallets) in the last 3 days.

32 transactions mostly between $100m-$600m in value.

https://twitter.com/btc_archive/status/1369661717605711877?s=21

[d_eddie]

NEW YORK--(BUSINESS WIRE)--Digital Currency Group, Inc. (“DCG”), the parent company of Grayscale Investments, LLC, has authorized the purchase by DCG of up to $250 million worth of shares of Grayscale Bitcoin Trust (OTCQX: GBTC). DCG plans to use cash on hand to fund the purchases and will make the purchases on the open market, at management’s discretion, in compliance with Rule 10b-18 under the Securities Exchange Act of 1934 (the “Exchange Act”).

https://www.businesswire.com/news/home/20210310005273/en/Digital-Currency-Group-Announces-Plan-to-Purchase-Shares-of-Grayscale-Bitcoin-Trust-OTCQX-GBTC#.YEjD8q1nkYU.twitter

Trying to bring the premium back up?