Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6202. (Read 26710457 times)

jr. member
Activity: 46
Merit: 16
I 🖤 Bitcoin
Hey WO, as you can see from my name, I am the 3 millionth user on this beautiful forum, as evidenced by my Custom Title: Yes, really. In the very near future, I am going to study the details of signing and verifying messages using Bitcoin and also want to learn more about PGP. If you think there is something else I should pay attention to, feel free to say.

Having looked through many sections on the forum, I have not found a more interesting thread than this. I love your heated discussions, especially how you combine Bitcoin discussions with memes. Folks, I love your custom hats and I want one for myself, therefore, I firmly decided to become part of your team.

Bitcoin HODL!
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
"Warning: Get your Bitcoin out of Robinhood while you still can!"

https://www.reddit.com/r/Bitcoin/comments/l8lmgq/warning_get_your_bitcoin_out_of_robinhood_while/

Quote
If you purchased a BTC at say $30,000, but never took it out of Robin Hood, they may never have bought one, to begin with. They have your $30K and you have nothing. If they didn't have one on hand when they took your money, they will have to buy one now at almost $34K. If they do have your coins on hand, they are strapped for cash due to the squeeze and if they liquidate your BTC you are GOXED.

Those fucks. I hope they go bankrupt very soon.

Never forget: "Not your keys, not your Bitcoin."

RH is rat poison squared
full member
Activity: 155
Merit: 102
RH is now usually really shitty tactics to manipulate the market continuously. They have limited the buying of AMD stock to a max of 1 share.

Robinhood limits buys of AMD stock to 1 share



AMD is amongst one of the most held stocks on Robinhood. AMD's short interest has also risen in the past month. Now it just seems like they are setting themselves up for suicide.
legendary
Activity: 2520
Merit: 3038
RobinHood allows you to buy btc (and other cryptocurrencies), but you can't move it out. This could cause legitimate worries about all btc on RH being just paper IOUs.

So a number of btc newbies have some (paper?) btc on RH, and now they want to get it out of a likely sinking boat. The only option they have is sell now (taxable event, ouch!), get the money out (RH does allow you withdraw $$, duh!), keep aside the taxman's share (ouch again), send the money to some "normal" exchange, get less btc than you used to have (boo-ho!), transfer that to a wallet you control (your own keys: it's finally been turned into your bitcoin, win!).

I've got two questions - food for thought.

1) How many newbies are going to jump through the multiple hoops?

2) What if many actually do? There are likely consequences for RobinHood: assuming they never actually bought the backing crypto, they'd be under by a lot. Just think of the doge bull. I could care less about them, though. What happens to the price when a shitload of redditors sell at the same time?

TL;DR RH is really throwing shit at anyone trying to go against the system - either people who try to punish asshole over-100%-shorting hedge funds, or people who buy btc (or doge in recent days, well you know, newbies!). I wish RobinHood went out of business. Which isn't totally unlikely as a result of the latest shenanigans.
sr. member
Activity: 807
Merit: 423

Watch this video made by Steve Hofstetter he have a great point about Robinhood Robinhood is rigging the stockmarket

+1
legendary
Activity: 2758
Merit: 1228
"Warning: Get your Bitcoin out of Robinhood while you still can!"

https://www.reddit.com/r/Bitcoin/comments/l8lmgq/warning_get_your_bitcoin_out_of_robinhood_while/

Quote
If you purchased a BTC at say $30,000, but never took it out of Robin Hood, they may never have bought one, to begin with. They have your $30K and you have nothing. If they didn't have one on hand when they took your money, they will have to buy one now at almost $34K. If they do have your coins on hand, they are strapped for cash due to the squeeze and if they liquidate your BTC you are GOXED.

Those fucks. I hope they go bankrupt very soon.

Never forget: "Not your keys, not your Bitcoin."

Watch this video made by Steve Hofstetter he have a great point about Robinhood Robinhood is rigging the stockmarket

So maybe for this their users should take precaution upon using them since if this really happening they are not truly useful and beneficial to their user.
full member
Activity: 264
Merit: 124
ßî₸¢¤¡₦
@alistairmilne
So last week the number of people joining the /r/bitcoin subreddit was ~4x the 2017 peak...
#Bitcoin 
https://twitter.com/alistairmilne/status/1355816177554087938?s=21





@DocumentingBTC
r/Bitcoin just got 100,000 new subscribers today.
https://twitter.com/documentingbtc/status/1355494415977099271?s=21





The 3.5% rule: how a small minority can change the world

WBS + WO = 3.49%

Major changes require about 3.5% of the population actively participating in.
Soon this 3.5% will be gained, and then VICTORY!
hero member
Activity: 968
Merit: 624
Still a manic miner
Observing movements on volume for ants.
legendary
Activity: 1235
Merit: 1202

Never forget: "Not your keys, not your Bitcoin."

This is something a lot of people still don't understand. Unfortunately a great number of them aren't newbies either
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
"Warning: Get your Bitcoin out of Robinhood while you still can!"

https://www.reddit.com/r/Bitcoin/comments/l8lmgq/warning_get_your_bitcoin_out_of_robinhood_while/

Quote
If you purchased a BTC at say $30,000, but never took it out of Robin Hood, they may never have bought one, to begin with. They have your $30K and you have nothing. If they didn't have one on hand when they took your money, they will have to buy one now at almost $34K. If they do have your coins on hand, they are strapped for cash due to the squeeze and if they liquidate your BTC you are GOXED.

Those fucks. I hope they go bankrupt very soon.

Never forget: "Not your keys, not your Bitcoin."
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
@alistairmilne
So last week the number of people joining the /r/bitcoin subreddit was ~4x the 2017 peak...
#Bitcoin 
https://twitter.com/alistairmilne/status/1355816177554087938?s=21





@DocumentingBTC
r/Bitcoin just got 100,000 new subscribers today.
https://twitter.com/documentingbtc/status/1355494415977099271?s=21




full member
Activity: 1134
Merit: 105
sr. member
Activity: 807
Merit: 423
Safety is an unattainable goal.  To seek safety at all costs is damaging. 
That is exactly the direction society is moving.  Anything the least bit scary has to be suppressed.  Never take chances, never let anybody else take a chance, never ever upset the apple cart.
Governments today are fully on board with this craven ethos.
hero member
Activity: 750
Merit: 601
So what happens when WSBers realize that they can go the other way and also short a company over 100% into a bankruptcy? Are corporate raids/hostile takeovers next?

Why would they do that?  Their entire mission was predicated on putting firms who short companies out of business.  These hedge funds that make money by betting against corporate America add nothing to society.  Absolutely nothing.  I applaud what they are doing wholeheartedly.  



It should not be possible to short 145%  More shorts than there are actual stocks available to buy.
That is no high risk gambling but market manipulation plain and simple.

Now that everyone know what "shortning a stock" is, look into which stocks were shorted right before 9/11
More importantly who shorted them

This is the disease of recent years. paraphrasing, "If you expose yourself to large risk, it should be banned."
But, If someone wishes to risk all their capital on 100x leverage, or shorting at 150% of float, as long as the risk is covered so nobody else is at risk, then this should be entire your own responsibility and is perfectly acceptable to me.
These aren't kids, they know exactly what they are doing, just like we do, so keep the state out of individuals affairs and let people take responsibility for their own actions.,

The Wall Street Scammers are not bad because they do crazy shit like this, they are bad because they rig the game. The rules they play by are not the same rules everyone else plays by - everyone like to win, but nobody likes a cheat.

sr. member
Activity: 807
Merit: 423
So what happens when WSBers realize that they can go the other way and also short a company over 100% into a bankruptcy? Are corporate raids/hostile takeovers next?
So what happens when DaRude realizes he can break bad and start making meth, robbing banks and pushing grandmothers under buses?  Is a crime wave next?
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
^^^Got some old junk somewhere with the right price willing to sell.  (If i remember where it is)


Treasury Secretary Yellen received over $800k in speaking fees from hedge fund involved in GameStop controversy

Quote
Fox News and other media sources are reporting that Janet Yellen, confirmed just this week as Treasury Secretary with only a handful of Republicans voting against her received around $810,000 in speaking fees from a hedge fund that bailed out one of the primary “victims” of the recent GameStop “controversy.”

Fox says that Yellen’s financial disclosure showed she made over $337,000 over multiple days last October from Citadel. She made an additional $292,500 in October 2019 and $180,000 in December of that same year.

"Speaking fees". Not really much familiar with that term, I'm not from the US. But it seems like some kind of twisted way to make bribes acceptable to be spoken about publicly. Imagine betraying 300 million people for $800K.

 Shit spreaders
http://vjmpublishing.nz/?p=25313
legendary
Activity: 3620
Merit: 4813
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
So what happens when WSBers realize that they can go the other way and also short a company over 100% into a bankruptcy? Are corporate raids/hostile takeovers next?

Why would they do that?  Their entire mission was predicated on putting firms who short companies out of business.  These hedge funds that make money by betting against corporate America add nothing to society.  Absolutely nothing.  I applaud what they are doing wholeheartedly.  



It should not be possible to short 145%  More shorts than there are actual stocks available to buy.
That is no high risk gambling but market manipulation plain and simple.

Now that everyone know what "shortning a stock" is, look into which stocks were shorted right before 9/11
More importantly who shorted them

Najarian See Airline Stocks Shorted 3 Days Before 9 11
https://youtu.be/qc-ZzT730mM?t=98
legendary
Activity: 3122
Merit: 1538
yes
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