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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 334. (Read 26711840 times)

legendary
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legendary
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legendary
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new Satoshi Nakamoto statue in lugano Cool


legendary
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sr. member
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Microsoft is a behemoth. If they start buying Bitcoin, their competitors will be forced to as well. That could include Apple, Google, etc… It would definitely be a positive for Bitcoin. I’m just angry I don’t already own Microsoft stock. I’m going to end up buying it at the absolute peak, but I don’t see how you can’t own it with all the investments they’re making.

Meh An hassle
I thought our job Was just to observe.
legendary
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legendary
Activity: 2744
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BTC + Crossfit, living life.
First time I hear someone says saylor is a bad guy….

I don’t know much about him, but imo he is just a smart person who knows he’s stuff.
When I see some old footage of him and the new things… he is like always on point.
Big respect from out of Belgium tbh.
legendary
Activity: 2744
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BTC + Crossfit, living life.
Amazing weather
Wrecked myself in the CrossFit
Start of a good day
legendary
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legendary
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Per an SEC filing, Microsoft shareholders will be given the option to vote on whether or not to conduct an “assessment of investing in Bitcoin.” The board is recommending AGAINST voting for this assessment, but that doesn’t mean it can’t pass. Microsoft shareholders have a chance to set off game theory in the S&P500 with this vote…

https://www.sec.gov/Archives/edgar/data/789019/000119312524242884/d878959ddefa14a.htm

Let’s hope they vote smart

It's only a question of when (not if)

*Some* shareholders requested this to be put to a vote. Guess who owns a chunk of MS....Blackrock(2nd largest shareholder). If you look into the verbage of the proposal has alot of similarities to what Saylor talks about ie allocate 1% or less to hedge against inflation.

You forgot to write who is the largest individual owner of Microsoft shares and what is their attitude towards Bitcoin. I'm not saying that they can have a decisive role in voting, but they can't be ignored anyway.

The second-biggest asset management company in the world has the biggest holding of Microsoft stock among institutional investors, with 675.9 million shares valued at $302,09 billion, as per the latest SEC filing as of August 13, 2024. Its ownership accounts for 9.09% of Microsoft’s total shares outstanding of 7.43 billion. Founded in 1975, Vanguard offers affordable mutual funds, exchange-traded funds (ETF), and financial services, including wealth management and brokerage services. As of March 2024, Vanguard had $9.3 trillion of assets under management (AUM) globally, according to AdvRatings data.

Since cryptocurrencies are highly speculative in their current state, Vanguard believes their long-term investment case is weak. As many of our clients know, our investing philosophy encourages staying the course and tuning out the noise. Our time-tested principles emphasize that long-term investing is essential and reacting to short-term trends can be costly for one's portfolio. While we don't currently offer cryptocurrencies as an investment option, we acknowledge the impact they're making in the investing world. As cryptocurrencies become increasingly mainstream, we'll continue to monitor their development and discern the best path forward for our investors. And as your trusted financial steward, we have some guidance when it comes to your financial strategy.
legendary
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legendary
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donator
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Do not really care about their discussion of a 1% (wow!) spent on bitcoin.
Vote away...one way or another.


MSF buying Bitcoin would probably be the "ok" for other big businesses to do the same. It could mark the beginning of the run on BTC by institutions  ...after which countries will follow.

Nothing is a signal to anyone...Saylor was buying bitcoin for years...and who followed?
A small japanese company plus skittish Tesla?
I know, they are few others, but on a VERY limited basis.

I don't think you can equate Tesla buying Bitcoin to Microsoft buying Bitcoin.  Elon has a reputation for doing off the wall things that others don't understand.  Microsoft is a pretty well established and reputable company.

At the very least... I don't see how it would be a bad thing for adoption if Microsoft was to buy... even a little bit.

Microsoft is a behemoth. If they start buying Bitcoin, their competitors will be forced to as well. That could include Apple, Google, etc… It would definitely be a positive for Bitcoin. I’m just angry I don’t already own Microsoft stock. I’m going to end up buying it at the absolute peak, but I don’t see how you can’t own it with all the investments they’re making.
legendary
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legendary
Activity: 3948
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Self-Custody is a right. Say no to"Non-custodial"
68K at Last  Grin
& hopefully the last time?
yes, but, realistically, only if we surge at least above $226.6K this cycle...so far patterns suggest an approximately 70% "plunge" in the next bear, but it is not guaranteed by any means...could be less of a decline, of course.

I would hate not to sell anything in the 200eds and re-visit 68 for the third time (2021, 2024 (counted as once) and 2026?)


Even though you are sounding like a bear and a party poop with your "real talk," it's an interesting question in regards to how far the BTC price needs to go up further in order that $68k might never be visited again.

One of the things that I don't like about your smug and/or matter of fact kind of statemenet, you act like it is inevitable that certain price ranges need to be revisited.. ..

since we have already seen a decent number of times that traders were trying to proclaim certain low prices needed to be revisited (retested) in order for UP to happen, and they ended up being wrong.

There are times when we leave certain levels and do not ever come back, which is part of the dilemma of those who end up selling too much too soon with some kind of an expectation that they can "wait it out" if the BTC price keeps going up when they had been expecting a correction (since why else would they be selling too much too soon?)

Bitcoin will be back to $68k soon.
No merits for stating the obvious! ...right JJG?...right??

Personally, I hate to presume too much.. including some of these questions of needs to revisit.. even though surely I maintain orders to buy for the various revisitings, just in case... yet at the same time, I am not a big fan of the revisitings... even though some of them are nearly inevitable, yet we don't know in advance which ones are going to be revisited.

Do not really care about their discussion of a 1% (wow!) spent on bitcoin.
Vote away...one way or another.

You are quite the moo ruiner...

To me, it seems that shareholders voting in a 1% allocation to bitcoin still sends a message to a lot of other similarly situated funds. 

Sure more than 1% would be better, but these kinds of entities gotta start somewhere, and surely, if all large companies allocated 1% to bitcoin we would reach pretty high bitcoin price numbers from that kind of ongoing demand for dee cornz, and just think if governments were to go down that road too (1%).. horey sheit..!!    There would be a lot of capital traveling more in the direction of my lil precious, and I wonder how well all of that extra and new demand on bitcoin supply could be faked? 

These seem like cascading effects to me, even though each one might feel like "NO BIG DEAL," they add up.
legendary
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legendary
Activity: 2380
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legendary
Activity: 2242
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Flippin' burgers since 1163.
[...] Saylor is just another sociopath CEO who happens to like Bitcoin. Can't support him under any context as I don't think we as a society should strive to emulate his behavior. That's one of the worst aspects of Bitcoin: the pedestal-ing of scumbags simply because they like the orange coin. Sometimes capitalism gets it wrong.

Also I'd venture to guess that still most people don't know who he is.


Yeah. Fuck Saylor and his worthless shit company. I'd rather HFSP than joining that fiat system exploiting cult.
legendary
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legendary
Activity: 2380
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