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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6444. (Read 26706950 times)

sr. member
Activity: 378
Merit: 889
legendary
Activity: 3808
Merit: 7912
       Yeeeha!

 
legendary
Activity: 3010
Merit: 8114

That guy's sweet; he looks like he's switched on.

For those who don't like uppers, here's an alternate version that's a bit more traditional:

legendary
Activity: 3038
Merit: 6194
Meh.
Who took a dump @29k?? Think about the taxes...
hero member
Activity: 994
Merit: 707
Things are getting a little interesting.  Smiley

50k by Superbowl. Slayer Guaranteed.  
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
See the price dropping. Moved some FedBux into Gemini and placed a dip order for $250 @ $28,000.

Let's see what happens.
legendary
Activity: 2968
Merit: 1895
I just wanted to draw some attention to some earlier degenerate stacking.

Life is getting weird at these prices.

I just did it again. Just stacked another $100 in PPBTC @ $28,852.21 USD/BTC.

Going full-retard here.

Yeehaw.


Weird, yeah.  'Course you'll be considered the dag-gum smartest degenerate retard stacker around if/when we get to $35k in the next month or two.  That noise?!  Sounded like heavy chips falling into a stack..., from Vegas maybe?  No too loud!  Musta been BTC, kind of heavy chips at $28,000, 'scuse $29k each...

Who'd have thought one month ago there would be buyers buying at $28,000???  I would not have so guessed.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
I just wanted to draw some attention to some earlier degenerate stacking.

Life is getting weird at these prices.

I just did it again. Just stacked another $100 in PPBTC @ $28,852.21 USD/BTC.

Going full-retard here.

Yeehaw.
member
Activity: 136
Merit: 17
Whats going on, what a f is going on
Ah we are going up

I heard a rumor 2020 was bad.
What an awesome 2020.
legendary
Activity: 2520
Merit: 3038
Which leads to the logically consequent question - is there anything in the protocol, or some new software layer in the works - that can provide proof of non-hypothecation?
AFAIK, there are no such instruments, currently.

--useful info snipped for brevity--

+1 WOsMerit.

Oops... it's "thank you" in English  Grin
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Aaaand, a new ATH $29150 29278 (this has escalated pretty fast)! I'm going to bed now. I hope tomorrow we will be above 30K. #hodlsleep

Jesus.....
legendary
Activity: 3990
Merit: 4597
Someone said that 29.4K is a Fibonacchi something something number, but I don't think that this market pays attention to such little details.
legendary
Activity: 1235
Merit: 1202
29.2k!

What a number to wake up to!


Ahh, that was me.  You're welcome!

 Wink

Haha well played Wink
legendary
Activity: 3990
Merit: 4597
Which leads to the logically consequent question - is there anything in the protocol, or some new software layer in the works - that can provide proof of non-hypothecation?

I'm sure that given the ongoing custom - habits are hard to break - most of the traditional finance world won't take "move inflation the other way - to the right of the decimal dot" so easily. They'd rather rehypothecate, as they are doing for gold and for derivatives based on gold (basically paper money). This is as close to double spending as you can get with btc - through a layer of obfuscating paper. Much too close for my taste.

Once TPTB have their hands on bitcoin, they will come up with new and ingenious ways to keep doing old, disingenuous deeds. One way to avoid that would be a simple way to make sure each satoshi is only hypothecated once, if at all.

Example: I buy a bitcoin ETF, "bakt" by the RealThing. Good. Now I want to know the public address of the btc backing my ETF, and be sure it only backs my shares, not someone else's too. And a loan. And some enterprise capital in some other firm. If such information is easy to find automatically, we can be relatively sure that there will be stern laws against re-hypothecation, and they will be inflexibly enforced.

AFAIK, there are no such instruments, currently.
In case of GBTC, private investors give them cash, which they then use to buy "real bitcoin", but then issue GBTC shares in lieu of such bitcoin.
Private investors have rights to actual bitcoin (after a year), but I don't think that GBTC shareholders can request to redeem their funds in btc (to my knowledge) and even if they do, it would be counterproductive since GBTC is trading at a premium to its btc holdings.

However, maybe funds like you described would be coming when, hopefully, Avanti bank and Kraken bank would finally start to function in Wyoming.
According to Caitlin Long, Wyoming passed a law that prohibits re-hypothetication of "digital assets" like bitcoin and they are unique in that regard.
hopefully, they would have an investable vehicle that you can put in IRA.
However, it is not a big deal, but I already have two btc funds in my Roth IRA-GBTC and CXBTF (XBT provider-some Swedish ETN).
CXBTF did the best since I bought it, but it is really illiquid because SEC stopped it trading on US exchanges shortly after I bought it.

Interestingly, most people don't know it, but US investors can buy Canadian bitcoin ETN (at least in Fidelity IRA and Roth Ira), trading on Toronto stock exchange (QBTC-U.TO).
The good part-it has less premium to btc (when you are buying). The bad thing-it has less premium to btc when you are selling. If you catch it at a wrong time, you might pay premium to buy, but sell with almost no premium if you don't time it right.
I know that Fidelity does it, but you need to call to their foreign trade desk and pay $50/trade.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
Aaaand, a new ATH $29150 29278 (this has escalated pretty fast)! I'm going to bed now. I hope tomorrow we will be above 30K. #hodlsleep
legendary
Activity: 2968
Merit: 1895
29.2k!

What a number to wake up to!


Ahh, that was me.  You're welcome!

 Wink
legendary
Activity: 1834
Merit: 4197
Records shattering to the left and the right..bitcoin closes at $28,881.30 on the daily candle after hitting a high of $29,010.32 for the session.

Currently trading higher at $29,150ish bitcoin looks to challange the 30k mark before years end 2020.

All ahead flank.

#dyor


4h



D

#stronghands

sr. member
Activity: 378
Merit: 889
Heh, found the first post I made on this forum, made by my previous user (never knew I could search by username, so I never found this post before).

I really only registered to buy some PM from the user 2weiX, after reading this thread. I had to write one forum message before I could privately message him, so this is the first and only messsage I wrote.

Hi All,

Chris from Sweden here.

Been lurking on this site for months without register, mainly in the Economics and the Bitcoin Discussion (sub)forums.

I bought bitcoins when the price was less than 10 USD per BTC and I still hold tight to most of them, even though I've sold some both on the way up and way down of the recent bubble to secure my initial investment.

I still have great faith in bitcoins. :-)

Cheers

I never changed the password after the data breach, so I've lost access to this account since a long time ago.

This is the message I received when I tried log in again.

Quote
Sorry Guest, you are banned from using this forum!
Your account is locked because it sat inactive for years after the password hashes were leaked in 2015, and was therefore at high risk of being hacked.
Email reactivate_2019_bgbs5 @ bitcointalk.org to get it unlocked.
legendary
Activity: 1235
Merit: 1202
29.2k!

What a number to wake up to!
legendary
Activity: 2520
Merit: 3038
Not even a zero in the hash. Well, one. That node's got problems for sure.
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