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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2743. (Read 26714193 times)

legendary
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sr. member
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Which direction will Bitcoin take? SELL OR BUY


legendary
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legendary
Activity: 2380
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legendary
Activity: 2772
Merit: 2846
After FTX Implosion, It's Time To End Bitcoin's Dysfunctional Relationship With Crypto

Quote
But what if one side doesn’t have your best interests at heart? What if they are dishonest? What if there becomes a pattern of disrespect? What if they ignore your needs? Sure, you can hope for change, but you still feel drained, stressed, anxious, or depressed. Eventually, you want out. Your need for a positive, healthy relationship overwhelms the comfort of the known, current relationship. The first step is admitting there’s a problem. Acknowledging signs of a toxic relationship are necessary.

!

legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
After FTX Implosion, It's Time To End Bitcoin's Dysfunctional Relationship With Crypto

Quote
But what if one side doesn’t have your best interests at heart? What if they are dishonest? What if there becomes a pattern of disrespect? What if they ignore your needs? Sure, you can hope for change, but you still feel drained, stressed, anxious, or depressed. Eventually, you want out. Your need for a positive, healthy relationship overwhelms the comfort of the known, current relationship. The first step is admitting there’s a problem. Acknowledging signs of a toxic relationship are necessary.

!
legendary
Activity: 3836
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Doomed to see the future and unable to prevent it
Quote
The prominent law firms Boies Schiller Flexner LLP and the Moskowitz Law Firm brought the lawsuit to the Florida Southern District Court. The lawsuit also alleges that the defendants were active participants in the “offer and sale of unregistered securities in the form of yield-bearing accounts.

https://watcher.guru/news/lawsuit-emerges-against-tom-brady-curry-over-ftx-endorsements
legendary
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legendary
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You're never too old to think young.
legendary
Activity: 2380
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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Here is an interesting piece from J. Lopp regarding "real" vs "paper" bitcoins:
https://blog.keys.casa/securing-bitcoins-scarcity/

TL;DR loans through multisig as a suggested solution plus a "physical" ETF.

Nice to see Lopp  put in the effort to spell out what people have been too lazy to ferret out for themselves.


Here is an older good read.

https://super-crypto1.medium.com/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a
legendary
Activity: 3990
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Here is an interesting piece from J. Lopp regarding "real" vs "paper" bitcoins:
https://blog.keys.casa/securing-bitcoins-scarcity/

TL;DR loans through multisig as a suggested solution plus a "physical" ETF.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Well accepting shitcoins as collateral for loans no matter the % collateralized was dumb as fuck in the first place, but noooooooobody cared

Bull bitcoin does it right : https://www.bullbitcoin.com/blog/why-bull-bitcoin-is-immune-from-ftx-collapse-and-crypto-contagion


Quote
Many crypto exchanges and service providers were trusting FTX with their users’ money, causing users who had no business with FTX to lose money as well.


The entire reason bitcoin exists is to remove trust yet every scum sucking scammer out there tries to weasel around this fact.

Then every low brow in the world that says they understand bitcoin (they be crypto bro)  cry like little girls when what they ignored as a fact turns out to be true.


I have ZERO pity for the fools that haven't been listening to what satoshi tried to teach them.
legendary
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legendary
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Dreaming of riches
Rain and thunder I withstand
Get to one million



#haiku
legendary
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Doomed to see the future and unable to prevent it


 If you don't let customers make withdrawals you can't be insolvent.gif



There is no better time than the present to stage some sort of fantastic boating accident.



legendary
Activity: 2294
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Now the money is free, and so the people will be
Well accepting shitcoins as collateral for loans no matter the % collateralized was dumb as fuck in the first place, but noooooooobody cared

Bull bitcoin does it right : https://www.bullbitcoin.com/blog/why-bull-bitcoin-is-immune-from-ftx-collapse-and-crypto-contagion
legendary
Activity: 2772
Merit: 2846
Quote
Chief Executive Officer Derar Islim admitted that withdrawal requests exceeded current liquidity at Genesis Global Capital, the lending arm; but made it clear that Genesis's spot and derivatives trading and custody businesses “remain fully operational.”


Quote
The contagion of Genesis lending issues has already hit one large firm, as Gemini Trust Co., the cryptocurrency platform run by the Winklevoss brothers, has halted withdrawals from its Earn program:

Nice word selection there.

Doesn't say anything about being solvent.

 If you don't let customers make withdrawals you can't be insolvent.gif


legendary
Activity: 2380
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