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

[marcus_of_augustus]

... are these the mythical sunlit uplands of lore?

[Toxic2040]

Two days ago (in Dutch): banks ban organisations based on their (political) opinion.
Yesterday (bloomberg.com): banks decide what OnlyFans can or can't show.

What's with banks wanting to decide how you can spend your money? I've read several similar stories lately, it's as if banks want their core business to be taken over by crypto!

I have been added to the bank no account list. I tracked down the organisation responsible and the wording of the list. Due to what they read in the media about me in Thailand they concluded that I should not be allowed to have a bank account. Nor should my company, Ocean Builders, here in Panama be allowed to have a bank account either. I am in the process of setting up a foundation to protect some assets and the foundation came back saying that they may face some trouble due to my being on the 'list'.

I am very seriously considering a lawsuit. It does not just affect me, it means our business needs to deal only in bitcoin and cash to continue operating. Which is good for Bitcoin but excludes a lot of potential revenue.

The whole world needs to switch to bitcoin already. Being able to send someone money in seconds and being able to hold your money is far superior to handing it over to someone to beg permission to use.

+1 WOsMerit

You still doing the boat thing?  Wondering because Brock just bought one that was going to the scrap yard from auction. Might just be boat envy. 

https://pagesix.com/2021/08/19/brock-pierce-buys-historic-portuguese-ocean-liner/

[Elwar]

Two days ago (in Dutch): banks ban organisations based on their (political) opinion.
Yesterday (bloomberg.com): banks decide what OnlyFans can or can't show.

What's with banks wanting to decide how you can spend your money? I've read several similar stories lately, it's as if banks want their core business to be taken over by crypto!

I have been added to the bank no account list. I tracked down the organisation responsible and the wording of the list. Due to what they read in the media about me in Thailand they concluded that I should not be allowed to have a bank account. Nor should my company, Ocean Builders, here in Panama be allowed to have a bank account either. I am in the process of setting up a foundation to protect some assets and the foundation came back saying that they may face some trouble due to my being on the 'list'.

I am very seriously considering a lawsuit. It does not just affect me, it means our business needs to deal only in bitcoin and cash to continue operating. Which is good for Bitcoin but excludes a lot of potential revenue.

The whole world needs to switch to bitcoin already. Being able to send someone money in seconds and being able to hold your money is far superior to handing it over to someone to beg permission to use.

+1 WOsMerit

You still doing the boat thing?  Wondering because Brock just bought one that was going to the scrap yard from auction. Might just be boat envy. 

https://pagesix.com/2021/08/19/brock-pierce-buys-historic-portuguese-ocean-liner/

I saw that, talked to Brock when I had it. He was interested in the project. We ended up selling the Satoshi. Looks like it's still dry docked, getting a revamp for future cruises for old people.

[El duderino_]

... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

[Toxic2040]

... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

+1 WOsMerit

this is the Way

[El duderino_]

... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

+1 WOsMerit

this is the Way

The few million bucks a coin party will be hosted there

WO’s exclusively

[ChartBuddy]

Explanation

[Elwar]

When $50k?

[JayJuanGee]

... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

+1 WOsMerit

this is the Way

The few million bucks a coin party will be hosted there

WO’s exclusively

You are going to need more than 0.21BTC then.

You must be shooting for the next level up.. 2.1 BTC.?

When $50k?

Soon ^tm

[Diced90]

When $50k?

SOON

[ChartBuddy]

Explanation

[ImThour]

Bitcoin went up 68% in 31 days. 

[xhomerx10]

... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

 ...of your palace, King El duderino_ ? 

[Biodom]

Gosh, some people (or entities) on this board think that if someone posted that bitcoin can go lower means that he/she is shorting.
Get it into your algorithm that some people can hold or balance several potential outcomes simultaneously (contrary to your one-dimensionality) and act (or not act) accordingly.
I guess, you sold a bit based on my fleeting opinion? Don't listen to me and don't read what i write.

Besides, I already told everyone here that I don't sell bitcoin anymore (no need)..only slowly accumulate via mining and alt sells.
I also said that my shtick in the future would be to borrow against btc so there would be NO cap gains due to the incoming US cap gains tax bacchanalia.

..so, your digs, Bender-boy, sound just laughable to me.
Like a stupid joke.

[cAPSLOCK]

With Coinbase seemingly trying to take the BTC investor crown away from Microstrategy we have the fuel to get above $50K. Then we can watch media articles push us back above new highs. I think in the next 60 days we’ll see a greater than $60K Bitcoin and once that happens we’ll see just how big this bubble is going to inflate. I suspect it will be quick and by Halloween it will be clear that the market is headed toward the moon.

Bah whatever.  What a freaking POX that Armstrong is on Bitcoin.  He has been anti-BTC for at LEAST six years, and their announcement is they will put their money in "crypto".  I actually believe that there are a few projects besides Bitcoin that do matter, so I am not even a maximalist.  Well i believe there is ONE.  And he won't list or hold that one for fear he won't keep getting to lick the boots of the state.  He picks the WORST, and has never understood why bitcoin matters as far as I can tell.  In a way it's win/win.  Either it's SUPER heavy BTC allotment (proving the point) or it's super heavy shitcoins, and he loses his ass.  Sadly the percentage of BTC in the mix is likely to hedge against total ass losing...

I hope with all my heart that they put WAY too much into shitcoins that end up getting clobbered.  Yet their "investment" will somehow legitimize the shitcoins.

He can't take any crown away from Microstrategy anymore than someone who specializes in slot machine gambling could win a WSOP bracelet.

Brian A. likely hides his true feelings about Bitcoin (and also shitcoins), because Coinbase has always been about buying/selling fees, and now their trading platform (fees for every trade). And the investing establishment (now shareholders) have clearly swayed him, i.e. "You must make more and more shitcoins available for trading on your platform!" Now they actually have to put $500M of shitcoins on their balance sheet to create liquidity for those scam markets, because without it there wouldn't be any liquidity at all. It's Penny Stocks 2.0 all over again.

High volume buying/selling/trading fees are the only thing that matters now for Coinbase's bottom line. They pretend to care about vetting all those shitcoins on their platform, but they really don't. As long as a shitcoin has some sort of narrative/angle to make it seem somehow valuable, that's all they care about.

You are surprisingly generous to scambulb.

And you might be right.

But to me he seems like he saw a 107 IQ sort of "electronic money!  Blockchain!!! Technology!!!" level Vision.  And has been blinded by the flashing lights and whizzing whirleygigs ever since.

I would put money on the idea that his position is something like: 

bitcoin was innovative, and was certainly the first mover in a sea of cryptofinancial innovation.  Sadly it has been passed up by the tech in newer projects.  And refuses to change by adding needed innovations and improvements to it's protocol such as increasing the block size limit.

It's very hard for me to believe, but I think it is really possible that he has never really understood the actual innovation that Bitcoin is.

Either that or hes a damned slimey evil genius who is OK with offering people carnival barker level risks to make himself the next technoking.

I sincerely hope Mallers crushes him to a pulp in the arena of the "bitcoin bank" world...

[bkbirge]

It's Penny Stocks 2.0 all over again.

That's where the old wall street guard has been trying to take it for awhile now. Pump & dumps and the 'naked short' and 'stick it to the man' revolutionary narratives organized by fraudsters that ran rampant in penny stocks just repackaged for a new set of rubes that think they are geniuses when they are just in a bull market. All I can say is I'm glad I found this board awhile ago.

[ChartBuddy]

Explanation

[cAPSLOCK]

... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

+1 WOsMerit

this is the Way

The few million bucks a coin party will be hosted there

WO’s exclusively

I will most certainly come if allowed.

Then again, do I really want to go to a party where people like me are allowed?

[cAPSLOCK]

It's Penny Stocks 2.0 all over again.

That's where the old wall street guard has been trying to take it for awhile now. Pump & dumps and the 'naked short' and 'stick it to the man' revolutionary narratives organized by fraudsters that ran rampant in penny stocks just repackaged for a new set of rubes that think they are geniuses when they are just in a bull market. All I can say is I'm glad I found this board awhile ago.

The thing that went down with GME is merely a foreshadowing of the hard destruction that awaits people who try to abuse a system that has no escape valve.

[Biodom]

It's Penny Stocks 2.0 all over again.

That's where the old wall street guard has been trying to take it for awhile now. Pump & dumps and the 'naked short' and 'stick it to the man' revolutionary narratives organized by fraudsters that ran rampant in penny stocks just repackaged for a new set of rubes that think they are geniuses when they are just in a bull market. All I can say is I'm glad I found this board awhile ago.

The thing that went down with GME is merely a foreshadowing of the hard destruction that awaits people who try to abuse a system that has no escape valve.

Care to elaborate? You mean over-shorting, hypothecation, etc?