Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 162.

Hueristic

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Quote from: LFC_Bitcoin on October 09, 2024, 06:02:59 AM

...

Or is this on orders from the likes of Blackrock, because the are running out of OTC sellers and this is the only way to satisfy demand, whilst keeping prices down at the same time?
...

I don't see why it can't be both. Wink

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: philipma1957 on October 09, 2024, 08:19:42 AM

Quote from: Maslate on October 09, 2024, 07:05:32 AM

Quote from: Btcalysis on October 09, 2024, 06:14:41 AM

Is the money to be credited in bitcoin?

No, it’s going to be in fiat because the $16 Bilion recovered was a mix of fiat, crypto, and real properties. The judge decided to settle everything in fiat, based on the value at the time they declared bankruptcy.

So have they converted all coins to cash?

From what I read they never held any Corn, only shitcoins.

xhomerx10

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Quote from: LFC_Bitcoin on October 09, 2024, 01:28:01 PM

Quote from: Lucius on October 09, 2024, 10:52:03 AM

Or they are waiting for the bull run to do it - because why not wait and get the most out of everything when they obviously don't have a deadline by which they have to start making payments. At the end of the day, all those who are impatient should not worry too much about waiting another month, because if this had happened in Japan, they would certainly not have received anything in this decade.

In addition, Bankman enjoys good company in his new accommodation - and that is probably the greatest satisfaction for everyone

Code:

[/b]

Speaking about Japan and SBF’s living arrangements, I bet his arse regularly looks like a Japanese flag.

Well we can dream but his buddies in the photo are paid to protect him so unless he voluntarily engages in sodomy with Bubba, or another gang decides for one reason or another that his ass is worth the risk, we'll have to settle for knowing he likely has inflamed hemorrhoids from all those years of sitting in a chair while gaming excessively.

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Quote from: Ambatman on October 09, 2024, 12:55:10 PM

Vitalink proposed to be nominated for the economist Nobel Prize award

https://www.mercatus.org/marginal-revolution-podcast/economics-nobel-predictions-2024-missed-opportunities

Quote

COWEN: Vitalik built a platform, created a currency, you could say, refuted Mises’ regression theorem in the process, obviously following in the footsteps of Satoshi, but my goodness, what does someone have to do to get a Nobel Prize

Funny how one of them stated he's following in the footsteps of satoshi

That would be crazy if Vitalik ended up winning a Nobel prize because he was trying to figure out and build a way to preserve World of Warcraft game items from overzealous game developers. Not exactly following in satoshi’s footsteps and it is a travesty that with all the money he made he never followed through to build a game that he envisioned.

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Quote from: Lucius on October 09, 2024, 10:52:03 AM

Or they are waiting for the bull run to do it - because why not wait and get the most out of everything when they obviously don't have a deadline by which they have to start making payments. At the end of the day, all those who are impatient should not worry too much about waiting another month, because if this had happened in Japan, they would certainly not have received anything in this decade.

In addition, Bankman enjoys good company in his new accommodation - and that is probably the greatest satisfaction for everyone

Code:

[/b]

Speaking about Japan and SBF’s living arrangements, I bet his arse regularly looks like a Japanese flag.

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Vitalink proposed to be nominated for the economist Nobel Prize award

https://www.mercatus.org/marginal-revolution-podcast/economics-nobel-predictions-2024-missed-opportunities

Quote

COWEN: Vitalik built a platform, created a currency, you could say, refuted Mises’ regression theorem in the process, obviously following in the footsteps of Satoshi, but my goodness, what does someone have to do to get a Nobel Prize

Funny how one of them stated he's following in the footsteps of satoshi

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Deleted. (sorry for misclick)

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Quote from: Maslate on October 09, 2024, 08:47:29 AM

It’s most likely because the court ordered payments to be made in fiat. This is key for accounting, as it locks in a fixed value. According to reports, the estimated total payout to users is about $12 billion, meaning the recovered amount was more than enough to cover everyone.

Even if the +18% of lost asset value doesn't satisfy them, they have to be happy with it. Maybe with this money you will be able to make your fund bigger.

Quote from: Fiatless on October 08, 2024, 05:26:25 AM

Reports show that 98% of customers will get 119% of what they lost. It is possible that if they pay everyone using digital assets the money might not be enough to pay everyone. It is good news for everyone to at least get back the dollar equivalent. People should be pleased that they are getting it because most people have lost funds in bankrupt centralized exchanges.

Quote from: freedomgo on October 07, 2024, 09:57:23 PM

So that's pretty low compared to the current price....
And as to the usd value refund., they'll get +18% of the value of their coins that time...

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Quote from: philipma1957 on October 09, 2024, 08:19:42 AM

Quote from: Maslate on October 09, 2024, 07:05:32 AM

Quote from: Btcalysis on October 09, 2024, 06:14:41 AM

Is the money to be credited in bitcoin?

No, it’s going to be in fiat because the $16 Bilion recovered was a mix of fiat, crypto, and real properties. The judge decided to settle everything in fiat, based on the value at the time they declared bankruptcy.

So have they converted all coins to cash?

Or they are waiting for the bull run to do it - because why not wait and get the most out of everything when they obviously don't have a deadline by which they have to start making payments. At the end of the day, all those who are impatient should not worry too much about waiting another month, because if this had happened in Japan, they would certainly not have received anything in this decade.

In addition, Bankman enjoys good company in his new accommodation - and that is probably the greatest satisfaction for everyone

ChartBuddy

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d_eddie

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Hey buddy what's wrong with you?

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Maslate

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Quote from: philipma1957 on October 09, 2024, 08:19:42 AM

Quote from: Maslate on October 09, 2024, 07:05:32 AM

Quote from: Btcalysis on October 09, 2024, 06:14:41 AM

Is the money to be credited in bitcoin?

No, it’s going to be in fiat because the $16 Bilion recovered was a mix of fiat, crypto, and real properties. The judge decided to settle everything in fiat, based on the value at the time they declared bankruptcy.

So have they converted all coins to cash?

It’s most likely because the court ordered payments to be made in fiat. This is key for accounting, as it locks in a fixed value. According to reports, the estimated total payout to users is about $12 billion, meaning the recovered amount was more than enough to cover everyone.

philipma1957

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Quote from: Maslate on October 09, 2024, 07:05:32 AM

Quote from: Btcalysis on October 09, 2024, 06:14:41 AM

Is the money to be credited in bitcoin?

No, it’s going to be in fiat because the $16 Bilion recovered was a mix of fiat, crypto, and real properties. The judge decided to settle everything in fiat, based on the value at the time they declared bankruptcy.

So have they converted all coins to cash?

ChartBuddy

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Explanation
Chartbuddy thanks talkimg.com

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