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

[brokedummy]

https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html

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[JayJuanGee]

You are not as attractive as I had imagined you to be, bhai.

[Torque]

NFT garbage scam going full on retard now:

The World’s First NFT House Is Now for Sale
https://www.yahoo.com/lifestyle/world-first-nft-house-now-230000169.html

  

[proudhon]

https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html

Additional confirmed signal of the final top for bitcoin.

[LFC_Bitcoin]

@100trillionUSD
December close: $28,992
January close: $33,141
February close: $45,240
March 17 price: $55,000
We are only 3.5 months into the #bitcoin  bull market. IMO BTC will not stop at $100K and will continue to S2FX $288K average price level (ATH will be higher).

https://twitter.com/100trillionusd/status/1372140708073705473?s=21

[BitcoinBunny]

https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html

Additional confirmed signal of the final top for bitcoin.

[brokedummy]

https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html

Additional confirmed signal of the final top for bitcoin.

You're probably right. This ponzi is running out of greater fools. Those rich guys are too smart to touch it and our would be fools are buying NFT hot potatoes and endless defi tokens.

[BitcoinBunny]

https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html

Additional confirmed signal of the final top for bitcoin.

You're probably right. This ponzi is running out of greater fools. Those rich guys are too smart to touch it and our would be fools are buying NFT hot potatoes and endless defi tokens.

[Wekkel]

[...] This ponzi is running out of greater fools. [...]

[Torque]

TIR: The Federal Reserve buys up more public and private debt in ~14 months (@ $120B/month rate), than the entire market cap of Bitcoin built up over 10 years.

Mind blown.

How much more Fed debt will they own over the next 10 years?

[JayJuanGee]

[...] This ponzi is running out of greater fools. [...]

For sure, it remains quite a strange thing that members who have been involved or studying bitcoin for so many years on the forum (more than 7 for broke dummy) still cannot seem to figure out what is going on in regards to bitcoin.   It's like their brains are broken - and sure we do see that phenomenon on an ongoing basis with folks who get in early and then they sell way too much too soon.. but at the same time we cannot necessarily trace causation or correlation because they might have been way too far gone, right from the start to be valuing their wealth in fiat and perhaps getting all excited over small gains that they might have made in bitcoin - such as the price going up 50% or 4x, but then in retrospect, both long time HODLers and just peeps watching the space end up witnessing that much greater gains are within reasonable bitcoin outcomes - but the ones who sold too much too early continue to keep themselves in a kind of state of denial and desire to be right about their earlier lame-ass sales..

Even in the case of lame-ass broke dummy, if we take his representations for what they are, he had gotten to a BTC holding level of something like 13 BTC, but at this point he is down to something like 5 BTC, and even though he happened to have hung onto some quantity of BTC (that is if we believe his likely partially fantasy story), he still seems to be continuing to focus his lame lil selfie on what he could have had and blaming bitcoin for his ongoing and continued dumminess... which is going to keep him brokiness.. because he cannot seem to learn from his mistakes in both perceptions about bitcoin supposedly being a "ponzi scheme" and his ongoing gambling practices that have very decent chances of removing those supposed 5 bitcoins (if they actually exist in his possession) from his dumb weak hands.

sucks to be a broke and dumb member of the forum, but likely sucks even more when unable to learn ways to unbroke the self.

Should we pour one out for deee broke dumby or do we consider that he has any kind of chance(s)/potential to still learn something (after he has already spent more than 7 years in bitcoin without actually seeming to have learned much of anything.. at least, he demonstrates pretty low on the learning spectrum through the contents of his posts).

[Evilish]

Price seems to be hovering around $54k-$56k. Stimmys have been deposited. Where is the promised pump that was gonna happen on Wednesday?


Me right now:

[Richy_T]

Likely the government being complete thieving dumbasses has been priced in. And for quite some time.

[brokedummy]

I'm not gambling with my whole stack. I've been writing contracts which I think is a little less risky than buying them. Worst comes to worst I'm buying coins above their market value or selling them under. I'll still have about 5 btc if we can't turn this dead cat bounce into a live dog jump by Friday.

[rdbase]

NFT garbage scam going full on retard now:

The World’s First NFT House Is Now for Sale
https://www.yahoo.com/lifestyle/world-first-nft-house-now-230000169.html

  

So it's an imaginary ownership of a factitious house.

Wow. Seems legit.
The SEC are going to have a field day on these idiots who are actually buying up these items thinking they are being hip and in the now for crypto.
Little do they realize everything can come crumbling down on their heads if ethereum (the chain they are being traded on) comes to a dismal end for whatever reason their developers claim to have happened whether it be a hack, a crack or a rack.
You who are in the know on cryptoisms are on to what I am am saying.

[JayJuanGee]

Price seems to be hovering around $54k-$56k. Stimmys have been deposited. Where is the promised pump that was gonna happen on Wednesday?


Me right now:

Patience young padawan.



By the way.. get the fuck out of here with any kinds of expectations that king daddy has to (or must... blah blah blah) do anything within any kind of schedule, whether we are referring to the impact of stimulus checks or some other supposed pumpening-worthy event.

[Paashaas]

Visa Plans to Enable Bitcoin Payments at 70 Million Merchants.

We’re trying to do two things. One is to enable the purchase of Bitcoin on Visa credentials. And secondly, working with Bitcoin wallets to allow the Bitcoin to be translated into a fiat currency and therefore immediately be able to be used at any of the 70 million places around the world where Visa is accepted.

[shahzadafzal]

Bitcoin is a Linux among Shitcoins
Time flies. Many goes away yet some will last.

[Paashaas]

https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html

Additional confirmed signal of the final top for bitcoin.

You're probably right. This ponzi is running out of greater fools. Those rich guys are too smart to touch it and our would be fools are buying NFT hot potatoes and endless defi tokens.

I know this is just a joke but this joke is getting to repetitive and tiresome.

[Paashaas]

https://twitter.com/DocumentingBTC/status/1371923894043561987

Nothing like vague generalities to inspire confidence.

Not if you had listened to the podcast captain obvious.