Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3658. (Read 26730407 times)
May 19, 2022, 08:04:53 PM
May 19, 2022, 07:56:39 PM
Quote
Melvin Capital, once one of Wall Street's most successful hedge funds which then lost billions in the meme stock saga, will shut down after it was hit again by this year's market slump.
Couldn't happen to a better pack of cocksuckers.
May 19, 2022, 07:05:01 PM
May 19, 2022, 06:04:54 PM
May 19, 2022, 05:18:01 PM
Now you (ImThour) are categorizing bitcoin as a shitcoin?
Bro you getting old or blind, need a spectacles to read shit.
I called him out for calling Bitcoin a bad investment.
May 19, 2022, 05:09:36 PM
By the way, where is the "stable" in this coin? What a clusterfuck
Stablecoin algorithms seems like an implementation of the Martingale strategy but with any of the potential of winning removed.
But people are not learning the right lessons. Novogratz still trying to defend the damn idea. It is rare when I am glad for someone to lose tons of money. I hope he did.
sorry, the guy took $355 mil profit in it during winter, so maybe he lost $350 mil recently on it (as per report of galaxy Digital losses), but big cap gains were already taken (so all that loss is basically a book entry).
May 19, 2022, 05:07:37 PM
OT: A strange turn of fate:
Guardian reports that Putin's youngest "official" daughter was traveling to Munich, Germany all the time because she was dating a guy who directed a ballet company there.
His last name...wait for it...is Zelensky
Of course, another one, but, still, what a coincidence.
Guardian reports that Putin's youngest "official" daughter was traveling to Munich, Germany all the time because she was dating a guy who directed a ballet company there.
His last name...wait for it...is Zelensky
Of course, another one, but, still, what a coincidence.
May 19, 2022, 05:05:15 PM
By the way, where is the "stable" in this coin? What a clusterfuck
Stablecoin algorithms seems like an implementation of the Martingale strategy but with any of the potential of winning removed.
But people are not learning the right lessons. Novogratz still trying to defend the damn idea. It is rare when I am glad for someone to lose tons of money. I hope he did.
Quote
The founder of Galaxy Digital Holdings Ltd. and big backer of Terraform Labs, the company behind Terra and Luna, had gone silent for a week. Novogratz spent the time reflecting on the economy and his firm’s role in the crypto industry, he said in a statement on Wednesday. Novogratz, a former hedge fund trader, blamed the challenging global macro backdrop, and said the coin’s collapse dented confidence in the cryptocurrency and decentralized finance space.
What a steaming load. Evidently you can be super successful in finance without having a brain. How can you "invest in the company behind Luna" and then call the project decentralized. Those two things are contradictory. There is no company behind something decentralized.
Luna and UST were a algorithmic Ponzi that blew up spectacularly, as we have been saying was obvious from the beginning. I have to admit, I hope whomever was behind this attack has act two planned out for the very near future.
It might dent confidence in legitimate projects like Bitcoin because there are imbeciles like Novogratz who have no idea what "decentralized" means.
May 19, 2022, 05:01:20 PM
May 19, 2022, 04:57:20 PM
(Psst. Everybody, I heard cAPSLOCK is gunna be having a really rough morning due to hangover. Should type to the bro in all caps today to help with the hangover. Make things really easy for 'im to read. Ya dig?)
It should have been a LOT worse... But yeah. I got stuck in quite the "OK just one more little cup" loop pretty hard.
And I ended up proposing to Bob... hopefully he was touched.
May 19, 2022, 04:18:44 PM
By the way, where is the "stable" in this coin? What a clusterfuck
Stablecoin algorithms seems like an implementation of the Martingale strategy but with any of the potential of winning removed.
May 19, 2022, 04:03:32 PM
May 19, 2022, 03:08:31 PM
OT:
At 75 you confuse Iraq with Ukraine… God help Baiden he’s 79
https://twitter.com/bitcoin/status/1527310086640611328?s=21
At 75 you confuse Iraq with Ukraine… God help Baiden he’s 79
https://twitter.com/bitcoin/status/1527310086640611328?s=21
There's no confusion there! That's a textbook Freudian slip; he knows that the invasion of Iraq by the US was also unjustified.
That is why he chuckled at his slip up.
May 19, 2022, 03:03:28 PM
May 19, 2022, 02:42:24 PM
Just In-
Swiss luxury watchmaker TAG Heuer is now accepting online bitcoin payments in a partnership with BitPay.
Source: https://bitcoinmagazine.com/business/tag-heuer-now-accepts-online-bitcoin-as-payment
Every positive thing matters. Step by step, the whole world map will beorange BTC in color.
Swiss luxury watchmaker TAG Heuer is now accepting online bitcoin payments in a partnership with BitPay.
Source: https://bitcoinmagazine.com/business/tag-heuer-now-accepts-online-bitcoin-as-payment
Every positive thing matters. Step by step, the whole world map will be
May 19, 2022, 02:42:07 PM
OT:
At 75 you confuse Iraq with Ukraine… God help Baiden he’s 79
https://twitter.com/bitcoin/status/1527310086640611328?s=21
At 75 you confuse Iraq with Ukraine… God help Baiden he’s 79
https://twitter.com/bitcoin/status/1527310086640611328?s=21
There's no confusion there! That's a textbook Freudian slip; he knows that the invasion of Iraq by the US was also unjustified.
May 19, 2022, 02:33:00 PM
Now you (ImThour) are categorizing bitcoin as a shitcoin?
JJG, You got him wrong maybe. He was trying to poke me/criticize me because I said There are no stable coins that exist. I also said don't expect too much from Bitcoin. (Maybe he meant to expect from shitcoins then). I don't hodl shitcoins, but I have some BUSD for daily needs transactions.
Well, this is not the first time I've seen high-ranked members try to criticize newbies. I don't mind it. Surprisingly you caught him 🙃
May 19, 2022, 02:12:22 PM
Hi boys, bitcoin doing what bitcoin is supposed to do. Observing $29406, four year cycles live on in my opinion. Going to be a boring couple of years with some capitulation added in for good measure. Continue to stack, everything under $30,000 is an absolute bargain but don’t blow all your dry powder right now. We will have opportunities at $25,000 & possibly close to $20,000.
This game is too easy, sell some 12-18 months after the halving & start buying back in January for 12-18 months.
Keep buying until late 2023, then wait for the next bull run.
The current BTC price is $29,138, can we conclude that it's will surly come down to $25k? Bacause when looking at the BTC monthly chat, I observe BTC is going deeper. Maybe it's clear we should hold on and buy when the price drop down again in order to wait for the halving. This game is too easy, sell some 12-18 months after the halving & start buying back in January for 12-18 months.
Keep buying until late 2023, then wait for the next bull run.
Clear in regards to the future BTC price?
Ok... you are either waiting for someone to tell you that something related to BTC price performance is clear or to figure out a strategy based on clearness?
The most clear that we got is that bitcoin seems to be one of the best (if not the best) asymmetric bets to the upside that you or anyone today alive has ever been able to participate in.. especially if we are considering how open it is for anyone to participate.
So sure, if you are already prepared for UP that is great, but if you have not prepared for up because you are wanting to get some cheaper coins, you could be in a world of hurt - even if the odds might be in favor of the possibility of cheaper sats in the future.
Of course, there are a lot of guys (and gal) in this thread who have been prepared for UP for years, and they either supplement some of their preparations on dips, or they are already in a position that they might just cash out various amounts of coins at any time that they would like whether there is a dip or not...
Yet, in the end, you should be attempting to figure out the extent that you are already prepared for UP, and views about short term BTC price moves is ONLY one part of the formula to be considering, especially when each of us should be attempting to figure out some of the particularities of our own circumstances, including but not limited to cashflow, other investments, view of bitcoin as compared with other investments, timeline, risk tolerance, time, skills and abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.
I don't think there is any stablecoin exists.
retard or wut? I just bought BTC with USDT and BUSD. Not sure what u smoking Don't expect too much from bitcoin. If your expectation is damn high, You may lose hope. Bitcoin is still bullish in my eyes.
Sure, I know you are stacking that shitcoin for x10 right? right?
Now you (ImThour) are categorizing bitcoin as a shitcoin?
May 19, 2022, 02:03:29 PM
May 19, 2022, 01:51:44 PM
By the way, where is the "stable" in this coin? What a clusterfuck
Apparently these terms are treated more as guidelines rather than the absolute they are defined as.
Looks like these guys tried real hard.
Quote
DeFi lending protocol Scream kept the price of two unpegged stablecoins hardcoded to $1 on its platform.
Users borrowed other stablecoins on the cheap, leaving the DeFi lender with $35 million in bad debt.
Users borrowed other stablecoins on the cheap, leaving the DeFi lender with $35 million in bad debt.
https://www.theblockcrypto.com/post/147046/defi-lender-left-with-35-million-bad-debt-after-quoting-depegged-stablecoins-at-1
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