28.8
This made my day, thanks
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3706. (Read 26731874 times)
May 11, 2022, 07:12:19 PM
May 11, 2022, 07:03:32 PM
May 11, 2022, 06:04:53 PM
May 11, 2022, 06:00:20 PM
28.8
May 11, 2022, 05:59:10 PM
Riddle me this: Why terra is recovering to $10bil value (0.77, up from $0.3-this is the supposed 'stable coin'), while luna keeps at the bottom ($1.14 or $1.6 bil value).
I thought that values should be close to each other+whatever other asset collateral they have (like bitcoin, which they bought in abandon, then sold).
Maybe it is wholly irrelevant, but it took btc down 10-12K (in part due to their large btc sell), THAT'S why i care, never had any Luna/UST whatsoever as it always smelled like a skunk.
I thought that values should be close to each other+whatever other asset collateral they have (like bitcoin, which they bought in abandon, then sold).
Maybe it is wholly irrelevant, but it took btc down 10-12K (in part due to their large btc sell), THAT'S why i care, never had any Luna/UST whatsoever as it always smelled like a skunk.
May 11, 2022, 05:25:02 PM
Ooof. Luna fanbois getting rekt. They started putting up suicide hotlines on their social media.
Should have bought BTC
Should have bought BTC
They did buy bitcoin and subsequently liquidated it in a futile attempt to prop up their shitcoin.
May 11, 2022, 05:21:21 PM
Getting tired of moving coins onto, then back off exchanges into my custody, lately. Took another block off Gemini last night after hearing about their involvement with the TerraLuna crap.
Have a feeling we're not going to see $40k+ USD/BTC for at least a week.
Mebbe two weeks?
*shrugs*
EDIT: Just went to open a new LN channel, and see the mempool is almost full at 300mb holy cow!
Have a feeling we're not going to see $40k+ USD/BTC for at least a week.
Mebbe two weeks?
*shrugs*
EDIT: Just went to open a new LN channel, and see the mempool is almost full at 300mb holy cow!
May 11, 2022, 05:17:42 PM
Well I purchased a piece of btc today.
also move a lot of cash from an exchange account to a bank account.
I am thinking
sub 25k for btc
also move a lot of cash from an exchange account to a bank account.
I am thinking
sub 25k for btc
May 11, 2022, 05:16:55 PM
Loving it
*fud intensifies
Oh boy , this cycle is fun, and getting spicy
*fud intensifies
Oh boy , this cycle is fun, and getting spicy
May 11, 2022, 05:06:34 PM
May 11, 2022, 05:04:53 PM
May 11, 2022, 04:41:17 PM
May 11, 2022, 04:40:42 PM
May 11, 2022, 04:35:49 PM
I have neither done the analysis, nor have I seen any complete on this wreckage yet, but I am curious how much of what has happened can be laid at the feet of PoS. I suspect at least a portion of it.
Stablecoins are just a ridiculous idea (ask Norman Lamont). End of story.
There's a thread listing 10 stablecoins created between 2014 and 2018. None of them worked.
I vaguely remember nubits crashing in 2016 like todays shitcoin. It had "custodians" who tried to keep the price stable doing buys and sells on exchanges, a bit like todays coin.
https://bitcointalksearch.org/topic/list-list-of-decentralized-stablecoins-3421190
Quote
NuBits (USNBT)
...
Stability: Bad (had long stable phases, but the peg broke in 2016 with up to 90% deviation to the downside, but recovered, in 2018 it broke again to the downside)
...
Stability: Bad (had long stable phases, but the peg broke in 2016 with up to 90% deviation to the downside, but recovered, in 2018 it broke again to the downside)
Today's nubits price is $0.003661 on the only exchange still listing it. Would you buy that for a dollar?
https://coinmarketcap.com/currencies/nubits/markets/
May 11, 2022, 04:20:00 PM
I have neither done the analysis, nor have I seen any complete on this wreckage yet, but I am curious how much of what has happened can be laid at the feet of PoS. I suspect at least a portion of it.
Stablecoins are just a ridiculous idea (ask Norman Lamont). End of story.
It is an idea, but a flawed one. I don't even know why they allow "stable" coins to be traded against other "stable" coins. Are they not the same value?? Why even trade them on leverage? Or why even trade them against each other at all??... It is madness. People selling pixels that I can draw in my basement in paint.exe and then asking for money for something that can be counterfeited without making a difference! Even with a private key, it is pointless. And maybe if it is trapped in a system of a huge video game owned by a company, then it might have some value, but until then it is mostly worthless.
May 11, 2022, 04:10:30 PM
I have neither done the analysis, nor have I seen any complete on this wreckage yet, but I am curious how much of what has happened can be laid at the feet of PoS. I suspect at least a portion of it.
Stablecoins are just a ridiculous idea (ask Norman Lamont). End of story.
May 11, 2022, 04:04:21 PM
……. Yuh , Coinbase
Not yer keys not yer crapto
Hunnid percent
…… and those guys, I mean , let’s not trust them hey ?
Counterparty risk be real yo
Not yer keys not yer crapto
Hunnid percent
…… and those guys, I mean , let’s not trust them hey ?
Counterparty risk be real yo
May 11, 2022, 04:01:25 PM
May 11, 2022, 03:57:07 PM
A direct reference of the Coinbase quote (see @Heuristic post) from their 10-Q:
https://twitter.com/sophiamzaller/status/1524150654897463302
seems to be accurate...
When have I ever provided inaccurate info?
May 11, 2022, 03:52:00 PM
when page parity? 
go BTC, go!
go BTC, go!
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