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

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Lucius]

https://www.reuters.com/markets/rates-bonds/el-salvador-plans-first-bitcoin-city-backed-by-bitcoin-bonds-2021-11-21/

SAN SALVADOR, Nov 20 (Reuters) - El Salvador plans to build the world's first "Bitcoin City" which will be funded initially by bitcoin bonds, President Nayib Bukele said on Saturday, doubling down on the Central American country's bet on the crypto currency.

One already exists in Europe, at least that's what Slovenians say - I hope they won't sue Bukele for stealing their idea

https://en.wikipedia.org/wiki/BTC_City

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[xhomerx10]

https://www.reuters.com/markets/rates-bonds/el-salvador-plans-first-bitcoin-city-backed-by-bitcoin-bonds-2021-11-21/

SAN SALVADOR, Nov 20 (Reuters) - El Salvador plans to build the world's first "Bitcoin City" which will be funded initially by bitcoin bonds, President Nayib Bukele said on Saturday, doubling down on the Central American country's bet on the crypto currency.

One already exists in Europe, at least that's what Slovenians say - I hope they won't sue Bukele for stealing their idea

https://en.wikipedia.org/wiki/BTC_City

 OMG!  That's probably where Satoshi was born! I think you're onto something.

[Richy_T]

Only 10% VAT tax.

Would that be Value Added VAT Tax?

[Torque]

Your salary is not increasing, inflation is uncontrollable and above them all your fiat is devaluing each day and government have much more to print notes so how come you safeguard your future?

I hold btc and those who don't like it get yourself a chill pill and think about it..

I love the constant gaslighting and mind jobs that the MSM spins with regard to inflation.  

If you don’t get a 6% raise this year, you aren’t necessarily taking a pay cut due to inflation
https://www.cnbc.com/2021/11/20/is-not-getting-a-6percent-raise-amid-inflation-actually-taking-a-pay-cut.html

The hell you aren't! 

[Lucius]

OMG!  That's probably where Satoshi was born! I think you're onto something.

Maybe there is something in it, because although everyone believes that Satoshi is Japanese, American or British, maybe the man was born in Slovenia - yet they made the first monument to Bitcoin


Source

[ChartBuddy]

Explanation

[Tash]

Only 10% VAT tax.

Would that be Value Added VAT Tax?

That's nothing new.
Over 100 years ago sales tax collected at time of sale (only 2%) and that was it. Then came the expensive bureaucrat and wars.....
Because other countries already had massive taxes and could afford war machinery, Emperor Wilhelm ll introduced the foam wine tax (20%) on July 1, 1902. It raised the price from two fifty to three marks. Somebody has to finance the war.

[sirazimuth]

...
By the way.. I mean if you want to get a job as a feminine napkin sniffer without the napkin, you need to be able to pee pare ur lil selfie for a variety of looks and smells, no?  you  are not just going to get 10s hahahahaha
...

oof! 
...nun's gussets, etc...

[marcus_of_augustus]

.... if you have this weird sense that something bigger is going on with the pandemic and 'not quite right', this maybe the answer
https://youtu.be/uLDpZ8daIVM
... this professor in clinical psychology says that much of the planet has collectively fallen into a kind of hypnotic, tunnel-visioned focus on the virus, in a well-described, studied, documented psychological process called ' mass formation'
... disturbingly this has happened historically when nations have slid into a totalitarian cascade, always with disastrous consequences
.... time to wake up people, this has gone too far

[El duderino_]

[ChartBuddy]

Explanation

[naim027]

How It started



How it's going



https://twitter.com/TuurDemeester/status/1462285146804076546?t=GeF51nRwSzRu8vtOuKfhxw&s=19

[BitcoinBunny]

.... if you have this weird sense that something bigger is going on with the pandemic and 'not quite right', this maybe the answer
https://youtu.be/uLDpZ8daIVM
... this professor in clinical psychology says that much of the planet has collectively fallen into a kind of hypnotic, tunnel-visioned focus on the virus, in a well-described, studied, documented psychological process called ' mass formation'
... disturbingly this has happened historically when nations have slid into a totalitarian cascade, always with disastrous consequences
.... time to wake up people, this has gone too far

Stop this independent thought. You will bow down to the Pfizer god!

Kiss its dirty a-hole you peasant whilst you receive your 10th "booster" shot!

[JayJuanGee]

https://www.reuters.com/markets/rates-bonds/el-salvador-plans-first-bitcoin-city-backed-by-bitcoin-bonds-2021-11-21/

SAN SALVADOR, Nov 20 (Reuters) - El Salvador plans to build the world's first "Bitcoin City" which will be funded initially by bitcoin bonds, President Nayib Bukele said on Saturday, doubling down on the Central American country's bet on the crypto currency.

One already exists in Europe, at least that's what Slovenians say - I hope they won't sue Bukele for stealing their idea

https://en.wikipedia.org/wiki/BTC_City

Last time I checked, there remains a kind of openness in bitcoin (including open sourcedness) which largely means that anyone can "steal" take and/or improve upon any idea.. including claims of being "the first" blah blah blah.. .so in that sense, there are advantages and disadvantages to being a first mover in some kind of innovation or framing of public strategies... and disadvantages could end up being that others are able to "do it better" and even proclaim that they are the first to do this variation of an idea that might have been less well implemented in the earlier variation/location.

[ivomm]

Here are the details of Bukele's #Bitcoin bond in El Salvador.

$1 billion. 10 years. 6.5% annual coupon. $500 million for infrastructre, $500 million for buying more bitcoin.

https://twitter.com/matthewbennett/status/1462404716969799687