Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8603. (Read 26720113 times)

Great. Tether -- that entity that 100% fully backed their shitcoin with USD dollar reserves -- until we all found out they had been lying about it the whole time -- now has another 'fully gold backed' sister shitcoin. What could go wrong?

Yeah, some of the stuff in Meta is boring AF.

There’s a hell of a lot of Merit whoring via boring statistical threads that goes on there.

Some tittle tattle...  

QuadrugaX money possibly held at Crypto Capital, the dodgy Panama bank that has Finex cash?

https://btcmanager.com/quadrigacx-funds-crypto-capital/?q=/quadrigacx-funds-crypto-capital/&

Affected Users:
Representative Counsel has received information that a Panamanian shadow bank, Crypto Capital Corp. (“Crypto Capital”), may have been a payment processor for Quadriga in the final quarter of its operation. Representative Counsel has been investigating, since its appointment, whether any Quadriga funds were potentially retained by Crypto Capital.

Crypto Capital and its executives are currently being investigated by the U.S. Department of Justice. The original indictment can be read here. Polish authorities have seized Crypto Capital bank accounts, amounting to approximately $350 million, in an investigation relating to alleged laundered drug cartel funds. Bitfinex, another cryptocurrency exchange, has asserted that it was defrauded by Crypto Capital. Through its parent corporation iFinex Inc., it has claimed right to these seized assets via ongoing U.S. proceedings (case: 8:19-mc-00021 in the United District Court for the Central District of California). iFinex Inc. has also filed claims in the Judicial Court of Western Lisbon (Portugal) and a “Norwich Pharmacal” disclosure request with the Business and Property Courts of England and Wales, regarding Crypto Capital-controlled accounts in Portugal and the United Kingdom.

As you are aware, Ernst & Young Inc. (the “Trustee”) has been unable to locate QuadrigaCX’s basic corporate records or accounting records. As a result, Representative Counsel is asking Affected Users for assistance on this matter to uncover whether Crypto Capital held Quadriga funds.

Representative Counsel asks all Affected Users to forward the following to [email protected]:

1. Any emails with Crypto Capital or Crypto Capital representatives (ex. [email protected]) regarding Quadriga funds;

2. Any financial statements showing interaction with the Polish bank accounts Crypto SP. Z O.O. and NESP SP. Z O.O. at Bank Spoldzielczy in Skierniewice, Poland;

3. Any financial statements showing interaction with Crypto Capital-controlled Portugese bank accounts at Banco Portugues de Investimento, Bankinter, S.A., and Caixa Geral de Depositos S.A.;

4. Any financial statements showing interaction with Crypto Capital-controlled U.K. bank accounts;

5. Any financial statements showing interaction with any TCA Bancorp-controlled bank account;

6. Any correspondence discussing Quadriga funds with the below individuals and entities, as cited in ongoing Bitfinex proceedings:

Reginald Dennis Fowler;

Trent Dennis Fowler;

Other principals and key personnel of Crypto Capital including:

Ozzie Yosef;

Ravid Yosef;

Ivan Manuel Molina Lee;

Crypto Capital Corp.;

Global Trade Solutions AG;

Global Trading Solutions LLC;

G.T.S. Resources Limited;

NLE Consulting Group;

TCA Investment Bancorp & Trust Company;

Spiral Global Development Limited;

Legacy Benefits Holdings Limited;Legacy Benefits Holdings (UK) Limited;

Individuals involved with TCA Investment Bancorp & Trust Company, including:

Katsuyoshi Iwanaga;

Diane Fletcher;

David Anthony Stafford;

Rondell Monroe; and

7. Any other correspondence or financial records relating to Quadriga funds and Crypto Capital that could assist Representative Counsel.

Representative Counsel thanks the Affected Users for their assistance on this matter.

Ayre (the person who pretty much owns Faketoshi) is just a single person in BSv world?

So you really think there is an unlimited free lunch for Bitcoin holders?

Everyone buying and holding at any price will win free money... indefinitely...

So even the dumbest guy in the world just need to buy bitcoin and sit down to earn money?

He just need to wait to beat the market and steal money from professional traders?  

What about all the people who bought Bitcoin 2 years ago? How much did they earn as of now?

How you guys read the general trading sentiment for specific coin/asset? I want to measure the temptation on the markets without indicators that take the data from derivatives of the price/candle. Thanks beforehand for detailed answers

You sound a bit like a troll asking such a terse question, but for now, I will give you some benefit of the doubt, since I don't recognize your user name or having had posted in these here parts, previously.

In the short-term, we cannot always determine exactly BTC's price direction, and there is a bit of an inclination that BTC's price continues to move in the direction of the momentum that it already has until it no longer does.

Regarding BTC's medium to long term price, the pressure remains UP, and you can look at BTC price prediction models and information related to those price models which would include: 1) stock to flow, 2) four-year fractal, 3) metcalfe's law and networking effects pertaining to s-curve exponential adoption and 4) other similar models.  

If you do not understand the meaning of these models and you believe that they are purely theoretical, then likely you need to do more studying of bitcoin.  Surely there is a decent amount of truth that past performance of any asset does not guarantee future performance, and none of the price prediction models that I listed really rely on BTC's past performance, but past performance remains helpful to them in analyzing the models and where we are at in terms of those various price prediction models (looking at either time or price).

Do you have any other models or theories?  Do you believe that BTC prices are going down or going to stay flat in the coming 1-3 years?  How about 5 years?  What do you expect?

 I am frequently asserting that nothing is guaranteed, including bitcoin, but even if the price direction of bitcoin is far from guaranteed, there remains a decent amount of strong evidence that any person that takes bitcoin seriously and puts a bit of their assets into bitcoin, such as 1-10% of their investible assets are likely in a good starting place, even though individuals are going to vary in terms of some of their financial abilities or even assets that they might have available and able to invest in bitcoin.  

In any event, bitcoin seems to be a very asymmetric bet, towards the upside... so good luck to anyone who has NOT yet come around to understanding the asymmetric bet concept... you (lacking in understanding peeps) are going to need it (meaning luck).



True dat!!!   martyMC seems to have been engaging in a bit of a twisting of words, and maybe I should have restrained my lil selfie from taking the bait... I see that with some of his continued stupid-ass posts on the topic that do not really seem to add any value, just ask dumbass questions as if we were in 2011 when hardly anyone understood bitcoin, at all.    We are NO longer in those earlier days, so excuses for ignorance are NOT as acceptable... even though I do accept that there are genuinely a lot of people in the world who are quite susceptible to misinformation and disinformation regarding bitcoin because they do not know enough about the topic.

looks good boys, we can go back to #HODL sleep.

this time better we prepare rocket/train/moon pics beforehand.  


EDIT: all what helps the price to go up should be allowed even at work.  

Observing number attempting to go up. $8,469. Was gonna buy some dip if it dropped below $8k.

this time better we prepare rocket/train/moon pics beforehand.  

jesus

https://twitter.com/ezracheungtoto/status/1220641000063848448/video/1

Why it would go up please? I don't understand...

Cos it's BTC.
(btw, JJG didn't say that)

You seem to be suffering from the shitcoin syndrome.
Wish you a quick recovery.