Banksy Assails the Wickedness of Wall Street
Love Banksy he's a genius! #nohomo
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6236. (Read 26720615 times)
February 03, 2021, 03:56:33 PM
I smell new ATH...
Banksy Assails the Wickedness of Wall Street
Love Banksy he's a genius! #nohomo
Banksy Assails the Wickedness of Wall Street
Love Banksy he's a genius! #nohomo
February 03, 2021, 03:46:18 PM
February 03, 2021, 03:35:23 PM
BTC is facing tough resistance around 37K.
Yeah right...
Define tough.
Sounds like you are pulling a random number out of your ass... just that we happen to be here.
Torque... lecture this guy about the meaning of random numbers....
According to my 4h lines, BTC should be bouncing up to around $38k soon.
So it is likely to tank a bit more *lol*
So it is likely to tank a bit more *lol*
Funny! My 4h lines say... sideways for 6 months.
Sideways in 4h, like ranging between $35k-$37k?
What's the likelihood of the nonsenses that you two speak? Perhaps less than 15%...
why talk about such unlikelihoods as if they were going to happen.. merely because you wish them to happen?
I am on a roll.. on a roll...
Don't stop me now...
I would have merited.. but no link is showing...
plays in endless loop during my writing!
we broke the important line in USD yesterday (UTC) and in EUR today (UTC). stay tuned and be patient!!111
In Udder wurds:
We be going UPpity.
Why don't you provide us a bit more of your bitcoin related backstory, Tweak25.. without so much ambiguity?
By the way, we are not puzzle solvers, here... as you likely realize.
Come on! who forgot about the 32 btc puzzle? That was exciting, in fact everything cryptic and mysterious has a place here and there are many puzzle solvers here than what you'd like to believe.
Yeah.. but if you are not posting very much in this thread.. don't you believe that some kind of backstory or something is preferred?
Sure, we have some amorphous folks who still become quite popular through the years of posting amorphously... but still... take friends1980.. for example.. who came into the thread by saying that he was going to read the whole thread... but at least he had a hook, even if he made little to no progress in that direction, as far as we can see.
February 03, 2021, 02:31:09 PM
I give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH.
Perfectly working chain of “metal” blocks
February 03, 2021, 02:23:01 PM
I am holding too. I've been a bitcoiner for some time already, and these self-appointed "diamond hands" are no match for true hodlers.
I even tried to post an according statement on their Reddit.
It failed, because everything crypto gets auto-deleted by mod-bots there.
IDC, we all know what real diamond hands are, because we grew them.
#mindrustnotaffected
I haven't been able to post at all there. Maybe I fail to satisfy some prerequisite, can't be bothered to check actually.
I wanted to point out the fact that when the "short ladder" attack is impossible (shorts under bid are blocked today), the price stays put or drifts a little up. I think we must give it some time. The shorters may have bought some $800 puts to limit damages, but they're still bleeding ~15+% interest on their shorts.
February 03, 2021, 02:15:59 PM
I am holding too. I've been a bitcoiner for some time already, and these self-appointed "diamond hands" are no match for true hodlers.
I even tried to post an according statement on their Reddit.
It failed, because everything crypto gets auto-deleted by mod-bots there.
IDC, we all know what real diamond hands are, because we grew them.
#mindrustnotaffected
February 03, 2021, 02:01:25 PM
EDIT: FYI, on Feb 9th the GME short interest figures will be updated for 2021/02/01. I'm curious if the hedgefunds
really had covered their shorts by that date, as the MSM announced on the weekend.
Exactly. And probably on Feb 17 (19?) there's one more technical deadline that resets the cycle of synthetic long wash trading between conniving shorters, starting a new one. A reckoning of sorts.really had covered their shorts by that date, as the MSM announced on the weekend.
Quote
Quote
the situation (2/3 9:30 AM ET):
short interest:
26.39m (51.72% of float) by S3 Shortsight (2/2), 27.14m (53.18% of float) by Ortex (2/2)
short share public availability:
0 (Interactive Brokers)
short share public borrow rate:
19.67% (Ortex)
Shorts have stopped exiting their positions and are maintaining a level of short interest of about 50% of float.
short interest:
26.39m (51.72% of float) by S3 Shortsight (2/2), 27.14m (53.18% of float) by Ortex (2/2)
short share public availability:
0 (Interactive Brokers)
short share public borrow rate:
19.67% (Ortex)
Shorts have stopped exiting their positions and are maintaining a level of short interest of about 50% of float.
SI = shorts/float
and it was > 100%, as we know. Now it is
SI = shorts/(shorts+float)
which obviously can NEVER go above 100%. An independent estimate (which I'm not able to link because I didn't bookmark it) says that we are around SI = 120%. There are different estimates ranging from ~50% (absolute minimum) up.
Quote
Quote
EDIT2: But even if they got out, i will keep holding. I'll ride this horse until it drops dead. Yee-Ha!!! (Yes, you can call me "retard", IDC)
The folks on WSB call this "weaponized autism". I love that
I am holding too. I've been a bitcoiner for some time already, and these self-appointed "diamond hands" are no match for true hodlers.
February 03, 2021, 01:51:27 PM
I miss proudhon's math and science revelations.
Wait we need to break $100k to summon him
February 03, 2021, 01:51:06 PM
I miss proudhon's math and science revelations.
It isn't time yet. Should we dip to the high 20's, I'm sure he will explain why we are doomed and need to get out ASAP.
February 03, 2021, 01:33:50 PM
My meme stock isn't "worthless" yet. Soon we will have more reliable short interest data (old, but real - not estimates). Until HFs are out of the pit, the squeeze can still be squoze.
BTW, no big dip today ATM, it's holding its ground just fine. Oh, it may be just a coincidence that the NYSE had to stop shorting at prices under the current best bid? It's automatic after a stock has a daily drop larger than 10%.
BTW, no big dip today ATM, it's holding its ground just fine. Oh, it may be just a coincidence that the NYSE had to stop shorting at prices under the current best bid? It's automatic after a stock has a daily drop larger than 10%.
Its funny how prices move "after market". .... still hodling... waiting for squoze.
After- and pre- hours should be forbidden. Still, the unfair aspects of stonk investing drive quite some people to Bitcoin (and crypto), where trading is 24/7, for all participants.
EDIT: FYI, on Feb 9th the GME short interest figures will be updated for 2021/02/01. I'm curious if the hedgefunds really had covered their shorts by that date, as the MSM announced on the weekend.
EDIT2: But even if they got out, i will keep holding. I'll ride this horse until it drops dead. Yee-Ha!!! (Yes, you can call me "retard", IDC)
EDIT3: Also, FYI:
Quote
the situation (2/3 9:30 AM ET):
short interest:
26.39m (51.72% of float) by S3 Shortsight (2/2), 27.14m (53.18% of float) by Ortex (2/2)
short share public availability:
0 (Interactive Brokers)
short share public borrow rate:
19.67% (Ortex)
Shorts have stopped exiting their positions and are maintaining a level of short interest of about 50% of float.
how often is this site updated? As often as the data is updated. Typically this is daily, before market open.
is the squeeze ever going to be squoze? possibly. short interest is still high, but it'll take some sort of catalyst: without one, at this point it's more likely short repurchasing continues as a gradual upward pressure, rather than a sudden mass event that causes the price to explode.
one feature worth looking at is the unusual level of failures to deliver GME stock, compiled from SEC data at (wherearetheshares.com). Michael Burry reported a delay of weeks recalling his shares that had been lent out to shorts. It's definitely odd.
short interest:
26.39m (51.72% of float) by S3 Shortsight (2/2), 27.14m (53.18% of float) by Ortex (2/2)
short share public availability:
0 (Interactive Brokers)
short share public borrow rate:
19.67% (Ortex)
Shorts have stopped exiting their positions and are maintaining a level of short interest of about 50% of float.
how often is this site updated? As often as the data is updated. Typically this is daily, before market open.
is the squeeze ever going to be squoze? possibly. short interest is still high, but it'll take some sort of catalyst: without one, at this point it's more likely short repurchasing continues as a gradual upward pressure, rather than a sudden mass event that causes the price to explode.
one feature worth looking at is the unusual level of failures to deliver GME stock, compiled from SEC data at (wherearetheshares.com). Michael Burry reported a delay of weeks recalling his shares that had been lent out to shorts. It's definitely odd.
https://isthesqueezesquoze.com/
February 03, 2021, 01:28:44 PM
I miss proudhon's math and science revelations.
February 03, 2021, 01:24:19 PM
My meme stock isn't "worthless" yet. Soon we will have more reliable short interest data (old, but real - not estimates). Until HFs are out of the pit, the squeeze can still be squoze.
BTW, no big dip today ATM, it's holding its ground just fine. Oh, it may be just a coincidence that the NYSE had to stop shorting at prices under the current best bid? It's automatic after a stock has a daily drop larger than 10%.
BTW, no big dip today ATM, it's holding its ground just fine. Oh, it may be just a coincidence that the NYSE had to stop shorting at prices under the current best bid? It's automatic after a stock has a daily drop larger than 10%.
Its funny how prices move "after market". .... still hodling... waiting for squoze.
February 03, 2021, 12:49:24 PM
Damn, I was really planning to spend my bags on coke and guns. You mean, there's legal opportunities using Bitcoin? 
No CP? That's the #1 use case for that crim token.
Don't forget terrorism.
February 03, 2021, 12:46:38 PM
i give 10 merits if one can name me a working blockchain product.
Filecoin.
Filecoin does not count. Why do I have to invent a new coin to drive the incentive layer of IPFS?
I will tell it to you. To get richer than with Bitcoin.
EDIT: maybe Spacemesh (Blockchain beyond) is worth a look on it but at the moment they struggle a bit like in Alpha state.
After installing Brave I tried to open an IPFS file. I haven't been able to open any. It just hangs.
the idea to have an new real decentralized and permissionless Internet is good but you have to think big for it. the incentive layer should be solved with Bitcoin of course.
EDIT: I thought about it once and about DHT. the design of the incentive layer is tricky. e.g. who should get an incentive and who should pay for it. and should it be an auction system like Google has it for selling Ads.
I do not see the real value of IPFS and Filecoin of Juan Benet. if I would came up with a project like this I would stay anonymous like Satoshi. revealing my name is for the fame or for the money.
EDIT2: so you will start like Google in 1996. you need someone which will provide Space and should get an incentive for it. and you need someone who is willing to pay the incentive for hosting the content. but how do you start? what was the incentive for Google to start crawling Internet sites and host it in their cache? in 1996 there was the idea and venture capital. Google payed it back much later but then multiple.
EDIT3: the technologies are all existent. what you need is the idea for the incentive part. this incentive part should increase the greed of the people which will start to participate on the project. this is the secret of Bitcoin and Satoshi Nakamoto.
February 03, 2021, 12:40:51 PM
/r/wallstreetbets moderators being so blindly negative on Bitcoin ultimately turned me off their entire community and activism.
It's all fine. It's probably just the auto-mod-bot. They turned on an auto-mod bot to take care of 5 million new users who probably post stuff they're not supposed to, including anything crypto / bitcoin.
There is a sister reddit called satoshistreetbets or something, but it's significantly smaller.
I'm just holding my meme stock since it's worthless at this point and just need something to get squeezed, and as long as DFV is still holding his.
My meme stock isn't "worthless" yet. Soon we will have more reliable short interest data (old, but real - not estimates). Until HFs are out of the pit, the squeeze can still be squoze.
BTW, no big dip today ATM, it's holding its ground just fine. Oh, it may be just a coincidence that the NYSE had to stop shorting at prices under the current best bid? It's automatic after a stock has a daily drop larger than 10%.
February 03, 2021, 12:35:01 PM
i give 10 merits if one can name me a working blockchain product.
Filecoin.
Filecoin does not count. Why do I have to invent a new coin to drive the incentive layer of IPFS?
I will tell it to you. To get richer than with Bitcoin.
EDIT: maybe Spacemesh (Blockchain beyond) is worth a look on it but at the moment they struggle a bit like in Alpha state.
After installing Brave I tried to open an IPFS file. I haven't been able to open any. It just hangs.
February 03, 2021, 12:31:54 PM
Visa announced it's now working on allowing customers to buy and sell Bitcoin through their own banks.
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
But...bbut...the media has spent nearly every day for the past 9 years saying Bitcoin was a scam, a fraud? That it had no future?
Were they...lying to us?
Damn, I was really planning to spend my bags on coke and guns. You mean, there's legal opportunities using Bitcoin?
No CP? That's the #1 use case for that crim token.
February 03, 2021, 12:16:43 PM
A successful, viable blockchain project is one where:
1) You absolutely need the blockchain part, and could not substitute another cleaner, faster, perhaps even cheaper tech to do it better or to replicate the same tech/functionality.
2) The token part serves some purpose other than a form of money or money transfer.
3) The solution is not still looking for a problem that either doesn't exist, or is not really a problem in the real world.
4) The solution is routinely used by hundreds of thousands of people and companies everyday around the world, 24/7/365. Because it is an awesome solution.
Most blockchain projects fail #1 and #2 right out of the gate.
All of them fail #3 and #4, even if they are "working".
1) You absolutely need the blockchain part, and could not substitute another cleaner, faster, perhaps even cheaper tech to do it better or to replicate the same tech/functionality.
2) The token part serves some purpose other than a form of money or money transfer.
3) The solution is not still looking for a problem that either doesn't exist, or is not really a problem in the real world.
4) The solution is routinely used by hundreds of thousands of people and companies everyday around the world, 24/7/365. Because it is an awesome solution.
Most blockchain projects fail #1 and #2 right out of the gate.
All of them fail #3 and #4, even if they are "working".
+1 WOsMerits
Their mantra is "blockchain, not bitcoin" remember?
Or perhaps, "blockchain, not token" because they believe the token part is irrelevant to the holier than thou blockchain tech. Yet they sell tokens anyway. And without the token they would have nothing.
Or perhaps, "blockchain, not token" because they believe the token part is irrelevant to the holier than thou blockchain tech. Yet they sell tokens anyway. And without the token they would have nothing.
Sure, blockchain is an important part of Bitcoin but it is no more important than decentralization, proof-of-work, peer-to-peer networking, pseudonymity, or limited supply.
Those who hate these attributes of Bitcoin are quick to jump on "blockchain tech" to try to explain away Bitcoin's success. If only they could patent it and license it out to other companies. How dare Bitcoin not have a CEO, shareholders, a brick-and-mortar headquarters, and a website.
+1 WOsMerits
February 03, 2021, 12:13:45 PM
i give 10 merits if one can name me a working blockchain product.
Filecoin.
Filecoin does not count. Why do I have to invent a new coin to drive the incentive layer of IPFS?
I will tell it to you. To get richer than with Bitcoin.
EDIT: maybe Spacemesh (Blockchain beyond) is worth a look on it but at the moment they struggle a bit like in Alpha state.
February 03, 2021, 12:08:32 PM
Visa announced it's now working on allowing customers to buy and sell Bitcoin through their own banks.
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
But...bbut...the media has spent nearly every day for the past 9 years saying Bitcoin was a scam, a fraud? That it had no future?
Were they...lying to us?
Blast from the past.
Well, they really haven't changed their stance there. They're allowing people to buy and sell bitcoin through their banks. So they're just becoming more like an exchange.
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