Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2713. (Read 26713521 times)

China is also looking into buying El Salvador... https://www.theguardian.com/technology/2022/nov/15/china-el-salvador-economy-cryptocurrency-fall

https://twitter.com/business/status/1595288005467668480?t=7qpNxoGqUhM91yneYcSfPQ&s=19


Could this also be part of El-Savador progress many have turn to a reproach when it comes to adoption and it's distinct impact on the economy, bitcoin daily purchase and the volcanic bond goes goes a miles way in proving what El-Savador got even at this current bear with bitcoin.

Explanation

Explanation

Taking down FTX hurt but now that we know how dodgy it was, you can't really argue it's a bad thing.

Going after Coinbase is another story. I don't know in what state it is, but I assume it's run more professionally than FTX. Also, if we're looking at dodgy things, what about BNB coin ?

But no income tax.

You have to pay somehow for the quality electric infrastructure...

Explanation

Explanation

He is just saying not claiming      wtf then why he deleted the tweet more is in the news.


Well posts is from yesterday

These big crocodiles will never leave a chance to degrade others. I think he does not feel that way. Ahh he is just sharing facts well good move of deleting the tweet maybe it's just a start for another take down 

Resource telegram

Explanation

Explanation

 I see what you did there. 

"I have them in a ISK"  Oh no not the double your ISK scam from eve online  
you people ready for the fire sales?  Maybe as a xmas present, maybe Q1 2023, maybe next week who knows but the people forced to push the button.

About anyone being a hero and pretending to be a lender of last resort, know that "for last resort lending to work, borrowers must be solvent" (Bernanke. 21st century monetary policy)

As for the current situation, another quote in his book (which is quite good) is appropriate: parenthesis are mine

"...The crisis followed the usual sequence of a classic financial panic: a buildup in risky lending (DEFI, lmao shitcoin collateralized loans), followed by a loss of investor confidence in the soundness of those loans; runs on the lending institutions by short-term funding providers (we just passed this); forced fire sales of troubled assets (shitcoins), contributing to sharp asset price declines; and insolvencies of lenders and borrowers, extending the downward spiral (we may be at the extending point)."

In short, central banks exist for a reason.  If you want to play pretend financial system with made up shitcoins, daddy Bernanke won't be there to save ordinary people.  No one will.  If I find out a serious institution accepted shitcoins as collateral for real world loans, I swear i'm gonna find another planet to live on.

edit: oh wait microstrategy fuck

Ah, Safety Dance. Men Without Hats.

Explanation

You were thinking?

Well that's a good start.



And.....?

What is the purpose of such an exercise of changing some historical facts?

Does it supposedly help you to see the present facts better?




First of all, let's stick to bitcoin here.. Your thinking is going to get even more foggier than it already is, if you want to start to talk about some amorphous topic that you want to label as "crypto"

Ok?  can we stick to bitcoin to at least help to clarify what the fuck "we" are talking about?

Regarding bitcoin, sure it is linked to equities and perhaps NASDAQ in short term periods, but so fucking what?  Who cares?  it is not helping you to understand bitcoin any better merely because you can see that "sometimes" its prices happen to move in the same direction and at the same magnitude as NASDAQ.. but if you zoom the fuck out, you should realize that bitcoin is not actually correlated to NASDAQ or to anything else.

You know why?

The reason why is because it is a new asset class.  A paradigm shifting asset class that allows you to attach value to information in a non-duplicatable way, which in essence contributes to bitcoin serving as a vehicle in which wealth is being transferred in greater degrees and amongst more possible people than ever had previously been possible or experienced.. and the sooner you figure that out (or anyone else for that matter) the better off that you will likely be - so long as you do not get tricked out of your coins.. and you figure out ways to both know the information and to act upon the information in such a way that you are accumulating coins in such a way that you are not gambling to accumulate as much coin as you are able to without overdoing it... not easy for a lot of people... but the asset class and the invention is out there for everyone and anyone to jump on board with even basic skills and basic financial abilities.. can learn as you go, too.


A lot of "what ifs" in there.. Hardly making any sense from this here peep.. to the extent that such a thought exercise is even helpful without some kind of a better context regarding why you think it makes a difference, including your lame attempt to connect everything together..  
 

 Yeah.. Let's relativize.. that should help us to free float, maybe.  Vitalik?  is that you?


More sloppy thinking when you are measuring from highs.. but at least you are trying to be tethered.  Perhaps?


From what you quoted Philip, it took me a wee bit to sort out which portion of your cited post was your actual response..

You might want to fix your quotes in the original.  Perhaps..? or just leave it in its current ambiguous state of affairs.

Regarding managing money in France.. I know every lil thing that everyone and anyone needs to know, whether a frog leg eater or no.  

The money managing 'vices are the same no matter your world location or even if you might happen to be out of this world.

Here's the essence of it:  Buy ur lil selfie some bitcoins.

Buy as many cornz as you can, as soon as you can, but not more than you can afford to buy based on figuring out your own particulars.  Try to keep the vast majority of your lil precious in some form of private storage, but it is ok to keep relatively small amounts on exchanges (or with third parties) and/or to keep your options open regarding being able to sell some of your BTC at a time of your own choosing, or to maintain your BTC stash through your life, even if it might take you 4-10 years or longer to really establish your BTC position in a solid way and to really get some ideas regarding how to maintain and liquidate some of your cornz along the way in your becoming a bitcoiner and living as a bitcoiner journey.. but of course, you do not necessarily even get to maintaining and/or liquidating of dee cornz until you have sufficiently and adequately accumulated them first.  

It's likely a life-long journey of learning and potential a life-long path to satisfaction so long as you don't screw it up too much along the way and try to learn (and keep learning) as you go rather than merely seeking short-term fiat richness, gambling and/or lacking in focus.. focus ur lil selfie on dee cornz.. focus on dee cornz.. .  

Your milage may vary.

Pretty straight-forward, and not even country-specific while at the same being applicable to any country, no matter which country or even applicable to no country at all.

Go figure (literally)  or not.  Do what you like.. it's a free country.. the last I checked

 

Explanation

I don't know if it is a kick in the balls that CZ decided to pull down his earlier tweet - because it is good that people are asking these kinds of solvency, liquidation and even verification questions.



Ah Ha!!!!!!!

I knew it!!!!  


I should have sent my harassing catfood eating and cardboard box sleeping message to you (Dude), rather than having had erroneously sent it to the sweet and innocent (#nohomo) OOM.


Could you send some kind of a pic (doesn't have to be a pee pic) in order to provide a clue about whether it is for reals or whether nonsense?


Gollie Gee Whiz..

Even long term "supposed" bitcoiners afraid to hold their own cornz.. and instead buying corn vouchers.  

what a world!  What a world!


What could go wrong.. ?  Asking for a friend.