Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 440. (Read 26465983 times)
May 09, 2024, 02:01:16 PM
May 09, 2024, 01:01:14 PM
May 09, 2024, 12:57:21 PM
screen shot in case a deletion screws up count
I feel like an opportunity was missed to include some really hilarious tabs with your screenshot. I would like to formally request that any screenshots posted in this manner include gag tabs. Examples include, grinder (does it have a website?), perhaps gag gifts from amazon, questionable research topics, information on XRP, etc...
I'm curious how much FTX money will flow back into Bitcoin when people get access to their funds again. An 11 digit number being distributed in cash to crypto folks could have some interesting side effects. Given they're FTX users getting the money though, memecoins will probably see the biggest investments.
May 09, 2024, 12:01:14 PM
May 09, 2024, 11:46:30 AM
FTX Has Billions More Than Needed to Pay Bankruptcy Victims
I wounder where those billions came from
in other news GBTC is back to outflows after the 2 days of odd inflows
I wounder where those billions came from
in other news GBTC is back to outflows after the 2 days of odd inflowsThese kinds of headlines are really getting on my nerves.
If they were going to pay people back in terms of bitcoin and even in terms of the various shitoins that they were holding at the time of their filing of the bankruptcy, I would not have as many problems with these kinds of claims of paying back "more" - because it is just not true.
Let's just stick with bitcoin since I don't personally care as much about the various shitcoins, but in terms of bitcoin, I am pretty sure that the BTC price was around $16,500 to $17,500 on November 11, 2022 - when FTX filed for bankruptcy. So yeah they are valuing the BTC claims at whatever price they are using - maybe the price at the time of the filing.. and I had seen somewhere in December 2023, the FTX folks might have been proposing $16,871 for the BTC claims - so yeah, it is a bunch of bullshit when they are claiming that they have more money than to pay out claims since so far (since the US bankruptcy standards seem to allow such scams) they are placing a dollar value at the time of the bankruptcy filing.
So fuck their claims of paying extra (or having extra) or whatever they are trying to claim, since when I currently look at the bitcoin price, I see bitcoin spot prices of around 3.65x higher than their prices at the time of the FTX bankruptcy filing, so if they say that they are going to pay the bitcoin holders 3.65x more than their claims (right now), then I have no problem with that, but since they are going to drag out the paying back of claims, just give the clients the bitcoin that they thought that they had. That would be the correct thing to do.. and probably even the correct thing to do in regards to the various shitcoins, even though there would likely be some technical difficulties dealing a lot of those shitcoins, so there could be some excuse to place a dollar value on some of the various shitcoins, and pay that back.
Pretty much, force sodled billions worth of BTC, but you should be happy you'll get 10x your money*
*in Zimbabwean paper notes
May 09, 2024, 11:43:17 AM
Wow cool glasses dude... xhomerx10 you never disappoint man!!!
May 09, 2024, 11:05:08 AM
Just landed
Gonna save the avatar when back in Belgium 😇
May 09, 2024, 11:01:16 AM
May 09, 2024, 10:40:38 AM
avatar-sized
edit: Not sure why I didn't display the full image as well. Rectified.
May 09, 2024, 10:01:14 AM
May 09, 2024, 09:01:14 AM
May 09, 2024, 08:01:16 AM
May 09, 2024, 07:01:14 AM
May 09, 2024, 06:02:44 AM
Something seems to me that this guy from the video will sell his goggles for a high price one day - it's not exactly a "Buy Bitcoin" sign, but maybe the goggles will become famous
May 09, 2024, 06:01:15 AM
May 09, 2024, 05:01:16 AM
May 09, 2024, 04:18:48 AM
If you put political biases aside for a while and just realize that the most likely candidate to win the presidential election has just now, for the first time, announced that he is positive on crypto currencies.
It doesn't matter what your opinion is.
This is bullish news.
What a tricky way to build a massive portfolio 😊
BTC is supreme and would still get bullish without any shity political sentiment.
May 09, 2024, 04:01:13 AM
May 09, 2024, 03:59:30 AM
If you put political biases aside for a while and just realize that the most likely candidate to win the presidential election has just now, for the first time, announced that he is positive on crypto currencies.
It doesn't matter what your opinion is.
This is bullish news.
May 09, 2024, 03:09:46 AM
Big news maybe. He used to be against it when he was president IIRC.
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