Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6117.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Quote from: d_eddie on February 11, 2021, 11:14:06 AM

Quote from: hisslyness on February 11, 2021, 11:10:29 AM

I hope they learnt a lesson with GameStop!

I doubt it. Apparently Congress showed more interest in hearing the guy called DeepF_Value (the reddit poster who started it all) rather than shedding light on the shit that went on between RobinHood and one or more clearing houses.

He wasn't even one of the earliest guys to buy in. He got in 2019 or so. Some other guy has been holding GME since 2017 (but did end up selling above $300 or $420 I believe, he said).

As for ETFs, following Grayscale or QBTC (3iQ Corp), no fund in their right mind would launch without holding either 100% or more of the underlying (which is BTC.) By more, I would say they could have 99% and some extra cash, but probably hold 120% in BTC and only issue 100% of the shares or something like that. In any case they can copy the existing funds and what they're doing.

rolling

hero member

Activity: 824

Merit: 712

Quote from: d_eddie on February 11, 2021, 11:14:06 AM

Quote from: hisslyness on February 11, 2021, 11:10:29 AM

I hope they learnt a lesson with GameStop!

I doubt it. Apparently Congress showed more interest in hearing the guy called DeepF_Value (the reddit poster who started it all) rather than shedding light on the shit that went on between RobinHood and one or more clearing houses.

Exactly, basically Robinhood got margin called for 3 Billion even though most of the buyers on Robinhood were cash buyers and nearly every position on Robinhood was in profit at the time.

The clearinghouse is working for the hedge funds and margin called the wrong side of the trade. Will this fact make it to congress and will they do anything about it? No.

Biodom

legendary

Activity: 3990

Merit: 4597

Fully diluted,we are above $1tril-a fine achievement.
Next stop-$1 tril using currently issued (~$53-54K).

hisslyness

hero member

Activity: 758

Merit: 1844

Quote from: Paashaas on February 11, 2021, 09:14:49 AM

Uber is also now considering accepting Bitcoin.

Domino effect in play right here.

Sit back, relax and enjoy getting rich while chilling at the sidelines. You deserved it!

Imagine Uber being a LN hub! or integrating LN directly on their apps. Instant Bitcoin transfer! What an amazing time to be alive!

AlcoHoDL

legendary

Activity: 2590

Merit: 4839

Addicted to HoDLing!

Some audio-visual stimulation while we wait for 40k €:

Delerium - Flatlands

Clip is not official (it's taken from The Chemical Brothers), but matches the music perfectly. Holly Weston is a beauty.

d_eddie

legendary

Activity: 2520

Merit: 3038

Quote from: hisslyness on February 11, 2021, 11:10:29 AM

I hope they learnt a lesson with GameStop!

I doubt it. Apparently Congress showed more interest in hearing the guy called DeepF_Value (the reddit poster who started it all) rather than shedding light on the shit that went on between RobinHood and one or more clearing houses.

hisslyness

hero member

Activity: 758

Merit: 1844

Quote from: d_eddie on February 11, 2021, 11:05:54 AM

The finance world is stirring with news, fake news, hints and innuendos. Interesting times indeed.

Quote from: fillippone on February 11, 2021, 10:35:54 AM

SEC Commissioner Peirce Says Market Is Ready for a Bitcoin ETP

Quote

U.S capital markets are ready for a bitcoin exchange-traded product, U.S. Securities and Exchange Commissioner Hester Peirce said on CoinDesk TV Thursday.

The regulator playfully known as "crypto mom" said people are already eager to trade a bitcoin ETP, "and so if we don’t give them the natural way, which I think would be an ETP, they are going to look for other (less optimal) ways to do it."
Peirce also pushed back in her interview against an emerging government narrative that cryptocurrency is a dangerous rail for terrorist financing. She cast doubt on the size of the alleged problem and insisted there was no way to ban bitcoin outright.
Pierce said she looks forward to working with SEC chairman nominee Gary Gensler once the former MIT digital currency professor is confirmed by the Senate.

Oh well. NOW that the cat is out of the bag, they could be ready for an ETF/ETP. Just when we feel we don't need it any more.

An ETF/ETP could be an additional way for mainstream finance to manipulate the price. Imagine the fun they could have with naked shorting.

I suggest writing to our representatives suggesting the time is ripe blah blah, protect the small investors from shady exchanges blah blah, BUT only if the ETF/ETP is payable in kind only. No paper, just plain underlying sweet bitcoin. Let anybody try to short the corn then. They'll learn what a honey badger does when badgered.

I hope they learnt a lesson with GameStop!

dieselmeister

sr. member

Activity: 546

Merit: 290

Quote from: d_eddie on February 11, 2021, 11:05:54 AM

The finance world is stirring with news, fake news, hints and innuendos. Interesting times indeed.

Quote from: fillippone on February 11, 2021, 10:35:54 AM

SEC Commissioner Peirce Says Market Is Ready for a Bitcoin ETP

Quote

U.S capital markets are ready for a bitcoin exchange-traded product, U.S. Securities and Exchange Commissioner Hester Peirce said on CoinDesk TV Thursday.

The regulator playfully known as "crypto mom" said people are already eager to trade a bitcoin ETP, "and so if we don’t give them the natural way, which I think would be an ETP, they are going to look for other (less optimal) ways to do it."
Peirce also pushed back in her interview against an emerging government narrative that cryptocurrency is a dangerous rail for terrorist financing. She cast doubt on the size of the alleged problem and insisted there was no way to ban bitcoin outright.
Pierce said she looks forward to working with SEC chairman nominee Gary Gensler once the former MIT digital currency professor is confirmed by the Senate.

Oh well. NOW that the cat is out of the bag, they could be ready for an ETF/ETP. Just when we feel we don't need it any more.

An ETF/ETP could be an additional way for mainstream finance to manipulate the price. Imagine the fun they could have with naked shorting.

I suggest writing to our representatives suggesting the time is ripe blah blah, protect the small investors from shady exchanges blah blah, BUT only if the ETF/ETP is payable in kind only. No paper, just plain underlying sweet bitcoin. Let anybody try to short the corn then. They'll learn what a honey badger does when badgered.

I am with you. It should only allowed to emit "backed" ETF's...

d_eddie

legendary

Activity: 2520

Merit: 3038

Quote from: dieselmeister on February 11, 2021, 11:07:57 AM

no...wrong direction ... up, up, up...

Let her take some breath ffs! Grin

dieselmeister

sr. member

Activity: 546

Merit: 290

no...wrong direction ... up, up, up...

d_eddie

legendary

Activity: 2520

Merit: 3038

The finance world is stirring with news, fake news, hints and innuendos. Interesting times indeed.

Quote from: fillippone on February 11, 2021, 10:35:54 AM

SEC Commissioner Peirce Says Market Is Ready for a Bitcoin ETP

Quote

U.S capital markets are ready for a bitcoin exchange-traded product, U.S. Securities and Exchange Commissioner Hester Peirce said on CoinDesk TV Thursday.

The regulator playfully known as "crypto mom" said people are already eager to trade a bitcoin ETP, "and so if we don’t give them the natural way, which I think would be an ETP, they are going to look for other (less optimal) ways to do it."
Peirce also pushed back in her interview against an emerging government narrative that cryptocurrency is a dangerous rail for terrorist financing. She cast doubt on the size of the alleged problem and insisted there was no way to ban bitcoin outright.
Pierce said she looks forward to working with SEC chairman nominee Gary Gensler once the former MIT digital currency professor is confirmed by the Senate.

Oh well. NOW that the cat is out of the bag, they could be ready for an ETF/ETP. Just when we feel we don't need it any more.

An ETF/ETP could be an additional way for mainstream finance to manipulate the price. Imagine the fun they could have with naked shorting.

I suggest writing to our representatives suggesting the time is ripe blah blah, protect the small investors from shady exchanges blah blah, BUT only if the ETF/ETP is payable in kind only. No paper, just plain underlying sweet bitcoin. Let anybody try to short the corn then. They'll learn what a honey badger does when badgered.

lightfoot

legendary

Activity: 3220

Merit: 2334

I fix broken miners. And make holes in teeth :-)

Novation J-Cat 300 baud one here, titty cups, ran it on the Atari 800 if I recall. I still have it somewhere....

dieselmeister

sr. member

Activity: 546

Merit: 290

Quote from: Biodom on February 11, 2021, 11:01:26 AM

Quote from: julian071 on February 11, 2021, 09:25:10 AM

I think the pump is not because of rumors but because of this news: https://www.wsj.com/articles/bitcoin-to-come-to-america-s-oldest-bank-bny-mellon-11613044810

nice catch, but they say that they are

Quote

plans to hold, transfer and issue bitcoin and other cryptocurrencies on behalf of its asset-management clients

unless the journo made a mistake what is that ISSUE they are talking about?

"Buying for their customers", I think. On the blacvk market or OTC or on markets....

dieselmeister

sr. member

Activity: 546

Merit: 290

Quote from: Richy_T on February 11, 2021, 10:20:45 AM

Quote from: Dabs on February 11, 2021, 09:33:25 AM

For awhile, back in the old modem days, I was able to tell if it connected at 56k or at 28.8k (or slower) just by listening to the whishy noise it makes, sort of like white noise with beeps. There was an audible beep tone that told me I connected at 56k.

On Wandavision recently, they used a modem and I noticed they made the effort to use the shorter tones that would have been appropriate to the time rather than the longer negotiation which came later.

Finally got around to watching Hackers last month. Definitely worth a watch.

Btw later I realized the guy from hackers was the actor from "Elementary", which was also a very awesome tv show.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

All you guys talking about modems.. I think my record was something like 1 GB per week, as I was busy "couriering" data to other sites.. like ISOs.. you know, linux ones were much smaller back then.

dieselmeister

sr. member

Activity: 546

Merit: 290

almost ....

Biodom

legendary

Activity: 3990

Merit: 4597

Quote from: julian071 on February 11, 2021, 09:25:10 AM

I think the pump is not because of rumors but because of this news: https://www.wsj.com/articles/bitcoin-to-come-to-america-s-oldest-bank-bny-mellon-11613044810

nice catch, but they say that they are

Quote

plans to hold, transfer and issue bitcoin and other cryptocurrencies on behalf of its asset-management clients

unless the journo made a mistake what is that ISSUE they are talking about?
EDIT: I did not see that this article was already quoted and discussed few pages above.

AlcoHoDL

legendary

Activity: 2590

Merit: 4839

Addicted to HoDLing!

Euro-ATH imminent.

Nearing 40k €.

vapourminer

legendary

Activity: 4354

Merit: 3614

what is this "brake pedal" you speak of?

Quote from: JimboToronto on February 11, 2021, 09:23:52 AM

My first 300 baud modem didn't even connect automatically.

You had to listen for the modem at the other end and manually flip a switch.

my 1st 300 baud had the acoustic cups you put the phones handset in.

--------------

EDIT psycodad beat me to it mine was a hayes i think, still have it somewere

Quote from: psycodad on February 11, 2021, 09:52:33 AM

On some bbs' you had first to convince some mum or dad to put the handset on the coupler when junior was at school.

Though to be fair, it was much easier for combined use with the captain crunch whistle Grin

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: Syke on February 11, 2021, 10:27:54 AM

Trash-80 COCO > Comodore 64.

Absolutely. After my MC-10 I got a Coco, then a Coco2, and then a Coco3.

The only advantage the C-64 had was a built-in FDD, but that was half the fun... installing the 512KB memory upgrade, third-party FDD controller, and external drive.

By the time I installed Microware OS9/6809, I was rockin' with multi-user, multi-tasking goodness. Installed "Deskmate" a GUI-based desktop suite.

The only problem was that I had no mouse so I used a joystick to move the cursor. Shortly after that I decided to take a break from computers and come back when they were more user-friendly. That was with the arrival of Win95. It took a while to get used to using a mouse instead of a joystick.

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