Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2771. (Read 26715027 times)

#Bitcoin We have indeed seen a real black swan event, the #FTX bankruptcy. The history of #BTC is lined with such events and the market will recover from it as it did in the past.
https://twitter.com/StockmoneyL/status/1591353522188177409?cxt=HHwWgsC-oZvmz5UsAAAA

It's dumping.. and obviously, we will certainly have a bad weekend.  let's stay strong and hope that #Bitcoin BTC won't go below $14,000...!

@SydneyIfergan

I was pondering whether I should say anything about that Saylor interview.

Let me break my silence.

I thought that the interview was not very good - because it seemed to me that Saylor was not really answering the questions very well - because Saylor kept suggesting that bitcoin is the best, and shitcoins suck and even there are needs to regulate scammers - and even though there may be some correctness in points that he was making, I felt that the points were not really being very well expressed to get to the heart of the matter, even though it is possible that regulation could have fixed some of these matters, but it is almost acting as if there is a need for a world-wide government to regulate exchanges - and surely legislators are not going to carry that out in any kind of way that is going to be helpful in terms of empowering regular people to not have their money stolen or to have central parties engaging in fraudulent misrepresentations regarding their solvency and their use of client funds to gamble or to rehypothecate multiple circular propping up of the value of their Ponzi-scheme shitshow of appearances of value.. until the many houses of cards come crumbling down way quicker than anyone would have expected.. .. like going from something like $32 Billion to zero or even lower than zero in a matter of a few days.

It's not that I really disagree completely with Saylor - but it seems that fraud laws are already in place - so the vague calls for regulation seemed problematic in terms of solutions to the problem of attempting to re-inspire confidence of institutions in regards to the likely ongoingly good long-term investment thesis in bitcoin.

For me, it is surely NOT any kind of "hit it out of the ballpark" interview in regards to the sad times that we are currently going through with our ongoing negative price pressures on our lil precious..