Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2734. (Read 26713933 times)
November 18, 2022, 06:23:40 PM
Now's not the time to splurge on Christmas and instead focus on BTC while it's still trying to get up off its ass in this schoolyard fight.
November 18, 2022, 06:21:59 PM
OT: Elizabeth Holmes got sentenced to 11-1/4 years prison today.
https://www.zerohedge.com/markets/theranos-founder-elizabeth-holmes-faces-judgment-day
Halle-fucking-lujah! There is some justice in the world.
Especially since she spent a decade spending millions, jet-setting around the globe and hob-nobbing with the elites.
Hope it sends a strong message to any other Silicon Valley narcissist wannabe scammers.
https://www.zerohedge.com/markets/theranos-founder-elizabeth-holmes-faces-judgment-day
Halle-fucking-lujah! There is some justice in the world.
Especially since she spent a decade spending millions, jet-setting around the globe and hob-nobbing with the elites.
Hope it sends a strong message to any other Silicon Valley narcissist wannabe scammers.
November 18, 2022, 06:10:11 PM
Meh, same old same old. FTX not the end of the world as anyone with sense already know. Time to start moving back up.
FTX briefly pulled Bitcoin's trousers down, but it it won't take long to pull them back up again.
I didn't see anything change about Bitcoin at all. Just sheep being sheared.
Perhaps I should have replaced "bitcoin" with "over leveraged paper hands" in that meme.
November 18, 2022, 06:01:16 PM
November 18, 2022, 05:45:53 PM
Meh, same old same old. FTX not the end of the world as anyone with sense already know. Time to start moving back up.
FTX briefly pulled Bitcoin's trousers down, but it it won't take long to pull them back up again.
I didn't see anything change about Bitcoin at all. Just sheep being sheared.
November 18, 2022, 05:43:45 PM
Actually things are not so bad. Chippies from FTX and Celsius Network helped us buy bitcoin cheaper 
November 18, 2022, 05:22:11 PM
Meh, same old same old. FTX not the end of the world as anyone with sense already know. Time to start moving back up.
FTX briefly pulled Bitcoin's trousers down, but it it won't take long to pull them back up again.
November 18, 2022, 05:13:03 PM
I don't understand what you're saying. These "investors" gave Sam real money he was supposed to use to grow his company but rather than do that, he squandered it. They were looking for long-term gains - at what point after they gave Sam their money was it ever worth even just the amount they initially "invested"? Are you saying Sam only recently became a fraud and there was a time when their investment was worth more? That's not what I'm reading about this fiasco.
Same old deal. When the money printers go brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr, those whose pockets it goes into look for any available shit to stash their ill-gottens. Scams are going to abound in these circumstances.
November 18, 2022, 05:06:14 PM
Exchanges are a "necessary evil". I am sure the sugar grower hates the idea of having his prices being dictated by some guy in suit on wall street, but the reality is, it is a global form of price discovery and if there is money to be made, someone will find a way to exploit it!
Some of us wanted to be buying and selling goods and services directly in BTC with the added advantage that when the economy is shit, everyone doesn't run for the exits so they can feed their family and keep the lights on with filthy $
But, yaknow...
November 18, 2022, 05:02:34 PM
Meh, same old same old. FTX not the end of the world as anyone with sense already know. Time to start moving back up.
November 18, 2022, 05:01:17 PM
November 18, 2022, 04:44:18 PM
...
We are 100% going to 6 figures in $ per bitcoin by the end of 2025. Do not miss this (for some of you noobs) once in a lifetime opportunity. Easy 10 x your money from here.
DCA & HODL mid to long term, brothers!
We are 100% going to 6 figures in $ per bitcoin by the end of 2025. Do not miss this (for some of you noobs) once in a lifetime opportunity. Easy 10 x your money from here.
DCA & HODL mid to long term, brothers!
November 18, 2022, 04:33:55 PM
I am generally happy with how things worked out for me, though I wonder if there is any advice on what alcoholic beverage is suitable to flush down the pain and misery felt from having to sell at 16k to pay bills?
I think there are really two answers to this one... Either something really expensive:
Or perhaps you want to go the discount route instead to save your sats:
I, on the other hand am trying not to become an alcoholic, so I am sticking with this sort of thing... much better than I would have thought!
November 18, 2022, 04:28:45 PM
Hope everybody is buying at the moment. I still think we will go lower, $12,000 to $14,000 on the cards imo. I am buying at the current price though. Just need to have substantial funds ready for the absolute bottom range. It’s impossible to buy the bottom but you can sure as hell try your best to get close.
We are 100% going to 6 figures in $ per bitcoin by the end of 2025. Do not miss this (for some of you noobs) once in a lifetime opportunity. Easy 10 x your money from here.
DCA & HODL mid to long term, brothers!
We are 100% going to 6 figures in $ per bitcoin by the end of 2025. Do not miss this (for some of you noobs) once in a lifetime opportunity. Easy 10 x your money from here.
DCA & HODL mid to long term, brothers!
November 18, 2022, 04:02:07 PM
November 18, 2022, 04:01:21 PM
November 18, 2022, 03:55:36 PM
I see people are asking for collapse of CEX like Binance but they are bullish on decentralization?
I mean collapse of the biggest exchange will fuck all of us either be BTC or ETH.
Just wanna know your perspective on this. An exchange of a size like Binance dies, what do you expect BTC price to be?
I mean collapse of the biggest exchange will fuck all of us either be BTC or ETH.
Just wanna know your perspective on this. An exchange of a size like Binance dies, what do you expect BTC price to be?
My pick for a fail is KuCoin
What do you hear?
That 19% of their assets are in KuCoin Shares. It's the similar story to Crypto.com holding 20% of their assets in SHIB. It's reminiscent of FTX's high holding (or not holding) of FTT token. The latter claim it's because all assets are held 1:1 and therefore that's why they hold so much meme coin. In reality, the same argument could go for KCS. So in of itself, the FUD doesn't mean much, as long as the assets are held 1:1, those holdings could go to 0 and they'd still be backed 1:1. The only real question is whether they would be using those holdings (customer or exchange holdings) as collateral... as FTX did.
they listed top 5 holdings. about 2.5 billion.
and 500 million = their kcs
only 344 million = btc
and 220 million = eth
along with about 1.5 billion in usdt and usdc
they did not clarify how much eth was staked vs movable.
if they get a strong run they will be hurting. but they are small tops 5 coins are 2.5 billion they could get a bailout. behind the scenes. we will know soon enough.
November 18, 2022, 03:14:02 PM
BTW, here is an interesting article regarding tax treatment of FTX loss.
It's better than I expected aka you could deduct the loss under ponzi scheme law:
https://www.coindesk.com/layer2/2022/11/18/ftx-collapse-bankruptcy-crypto-tax-implications/
It's better than I expected aka you could deduct the loss under ponzi scheme law:
https://www.coindesk.com/layer2/2022/11/18/ftx-collapse-bankruptcy-crypto-tax-implications/
Quote
The loss is deductible in the year of discovery or the year the Ponzi scheme’s orchestrator is (1) charged by indictment for fraud, embezzlement or a similar crime; (2) the subject of a state or criminal complaint and either admits guilt or has assets frozen by court-order; or (3) the subject of the fraudulent arrangement faces no charges, indictment or complaint because of his death.
November 18, 2022, 03:04:24 PM
I see people are asking for collapse of CEX like Binance but they are bullish on decentralization?
I mean collapse of the biggest exchange will fuck all of us either be BTC or ETH.
Just wanna know your perspective on this. An exchange of a size like Binance dies, what do you expect BTC price to be?
I mean collapse of the biggest exchange will fuck all of us either be BTC or ETH.
Just wanna know your perspective on this. An exchange of a size like Binance dies, what do you expect BTC price to be?
My pick for a fail is KuCoin
What do you hear?
I wish all exchanges fail and I can get some cheap coins.
At the same time, I am wondering, From where I will buy coins then.
Possibly from some miners? phil?
Banks are moving to replace exchanges, for example M. Saylor says that BOA approached him for an agreement to buy/sell btc with them. I also know that Fidelity is making similar moves, starting with institutional investors and then probably moving to retail. Imho, it is probable that banks will start buying exchanges while they are relatively cheap and/or private.
Anyone know where to buy carbon credits in bulk? We're gonna need them for our private jets and palatial homes... and maybe just to cook our food; it might be prudent to stock up now.
Sarcasm? I did not see any /s.....
November 18, 2022, 03:01:17 PM
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