Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2892. (Read 26724524 times)

Another one bites the dust.


https://www.sec.gov/Archives/edgar/data/1839341/000119312522270236/d395956d8k.htm


Fuck these centralized fucking farms.

He probably forgot humans have legs.

He probably forgot humans have legs.

Pretty much spot on.

I couldn't help but watch a Facebook ad for Meta Business VR earlier today where the characters have no legs and look less advanced than Nintendo's Mii characters from 2006.

WTF is up with that crap?!

And then they now have a $1500 more advanced headset, why? An Oculus Quest 2 is capable of more than what they can offer software wise.
I'll say this again, if a $200 4K clear as day VR headset with endless porn doesn't keep me coming/cumming back, seeing my ugly work colleagues as animated imbecilic avatars with a VR headset is never going to work!



A huge incentive to work for these kind of companies IS the share price. I guess a spiralling brain drain and more trouble are next.

facepages (META now) and AMZN both got taken to the cleaners in the last 24hr.
META is down 24% today...

We’re all getting gf’s in 2025…..



@ronin21btc
“Tell me again how you went all in on #Bitcoin  in 2022 anon when everyone else was scared, I love that story”

https://twitter.com/ronin21btc/status/1586004922440421381

As previously disclosed, the Company’s operating performance and liquidity have been severely impacted by the prolonged decrease in the price of bitcoin, the increase in electricity costs, the increase in the global bitcoin network hash rate and the litigation with Celsius Networks LLC and its affiliates (“Celsius”). As a result, management has been actively taking steps to decrease monthly costs, delay construction expenses, reduce and delay capital expenditures and increase hosting revenues. In addition, the Board has decided that the Company will not make payments coming due in late October and early November 2022 with respect to several of its equipment and other financings, including its two bridge promissory notes. As a result, the creditors under these debt facilities may exercise remedies following any applicable grace periods, including electing to accelerate the principal amount of such debt, suing the Company for nonpayment or taking action with respect to collateral, where applicable. Any such creditor actions may result in events of default under the Company’s other indebtedness agreements, including its two series of convertible notes due 2025, and the potential exercise of remedies by creditors under such agreements.

In regards, to the second table listing bitcoin growth timelines, I have some difficulties considering that we are already past 100 million bitcoin users.  Sure it is possible that we have reached those numbers, and if you think about it, if the bitcoins were equally distributed, that would be 0.21 BTC per person, and we know that some users have way more than that, which would imply that some users have way less than that... like way the fuck less. .. like some people are being counted as users, and maybe they ONLY own an account on Coinbase (with zero balance) or maybe their Bitcoin holdings may well only be a few satoshis..

How many satoshis would be enough when 21 million satoshis is the current mean, if we were to divide 21 million users into 2.1 quadrillion satoshis..?  

Maybe we have millions of supposed bitcoiners who are ONLY holding around a few thousand satoshis and they count as bitcoin investors... even tens of thousands of satoshis would not cost very much at today's prices to bring your own holdings above the mode.. .. bringing yourself above the mean would be a bit more challenging for newbies with little income (cashflow), but it still may well be doable to get a few million satoshis for less than $1k... because right now you could buy 1 million satoshis for right around $207.. and maybe you would have to pay more depending on the fees that you might have to pay.

User = unique active user.

Active means holding BTC (accessing the economic properties of BTC).

Data is via a mix of forensic on-chain analysis (clustering addresses into entities) and unique ID-verified accounts at exchanges (via CCAF) with survey based de-duping.