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Damn it that text art picture didn't work as expected. Was meant to be a moon face!
https://ascii.co.uk/art/moon
Sup guys, Pear here.
I know I said I was not going to post anymore, but having read the final results and noticed the strange absence of Pearls, I thought I'd come out of self-isolation and crack a stupid joke about SGI holders swapping their rare stamps for food stamps....
BTC pumping and SGI dumping must be the worst possible outcome for dear old Pearls. It will be even worse in a few months when ARGO and BITCOIN pump to da moon and beyond.
Yes it's coming, Pearls. And I will be cumming a pearl necklace all over my monitor when it happens. Long ARGO. Long BTC. ("Dr Long And The Pearl Necklace" sounds like a great porn title).
To da foooooooooooking moooooooooooon!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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.-' /
.-' /
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.' ,,////)
. __,-^/
. \()(
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: _ \
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>" where have the Getti, Gatti + Pear1s characters disappeared to these day"
Dear misterbeck,
Hello, it’s Pear here.
1) No I don’t belong to the Discord group.
2) I decided to stop posting from this account as it was causing too much confusion. Also stopped posting from my other account too and I feel much more productive as a result. Sometimes come back to read, but now only lurk like David Attenborough watching a bunch of wild animals in their natural habitat.
3) I was wondering how long it took before you returned to your usual negative self. The other day I thought: “That Beck chap is acting weird” ... then I realised the SP was pumping and you were acting positive for a change! It was like watching a baby walk for the first time. Lmfao.
Wish all you well. Bitcoin to $100K+ by end of year. Moon soon. Strap in. Pump it. All aboard the Zengah bus. Only those with big balls will make it. Etc.
https://www.youtube.com/watch?v=YgSPaXgAdzE
Goodbye.
6 months ago I shared my thoughts on Bitcoin, saying it would peak close to year end before entering a bear market in 2022. Some people mocked me as a fortune teller.
I notice the same people are now forecasting Bitcoin predictions of their own. Funny. How's your crystal balls?
Daily Heil? Come on Pearls, you can do better.
Probably from someone's creative imagination...who likely also bought at 80p levels yesterday. Naturally though, we welcome rumours which are bullish (and squash those deemed bearish) since it makes us feel better about our investments.
The words ramp and deramp get thrown around a lot - almost to the point of losing any meaning - but this rumour smells like a true ramp to me. Just as bad as the deramping IMO.
I'm pretty sure 'somebody' wrote a rambling comment about the seeding of false narratives (both bullish and bearish) a few weeks ago....
But yeah, enjoy thinking about the possibility of Musk buying Argo, don't let cynical old me ruin your weekend. Have a good one!
Pear
I will consider buying when it reaches a penny (black). Ho ho.
https://www.msn.com/en-nz/news/national/it-is-shocking-new-postage-rules-spark-concern-stamps-will-soon-be-stamped-out/ar-AAM2Zcp
Stamp collectors are concerned new rules restricting the ability to use stamps to pay for parcels may spell the beginning of the end for their hobby.
For the past 10 days only about a quarter of post shops have been authorised to send parcels paid for with stamps.
Thousands of stamps fill the shelves of John Eccle's shop.
The stamp collector and dealer is worried New Zealand is closing the chapter on the humble stamp, with new rules making it harder to use stamps to pay for a parcel's postage.
"I think it's shocking, it'll impact on my business," says Eccle.
David Harcourt is an antique dealer in Palmerston North. He sells goods on Trade Me and always uses stamps to send them.
He's written to the Government expressing his concerns that stamps are being phased out.
"You simply cannot use stamps on the parcels - well that's a shame. It does mean the beginning of the end of stamps," he says.
The problem began on July 1 when New Zealand Post brought in a rule that all parcels must be tracked. They have 897 locations to post items from, but only 240 of those sites can actually print a tracking sticker for a stamped parcel.
"The process of making postage stamps unable to be used has begun," says Harcourt.
New Zealand Post repeatedly refused an interview about its changes, despite widespread concern and confusion among its stamp-using customers.
Newshub understands that some post shops are refusing to send any parcels that are being paid for with stamps.
And the new tracking stickers also cost more.
"It's making it more expensive for retailers to do business and ultimately it's going to make it more expensive for customers to get goods delivered to them," says Greg Harford of Retail NZ.
@pearls
> "It has been a very unpleasant period for ARB shareholders where the share price has now fallen from over £3 to below £1 over the last few months; many of the shareholders will have bought on credit for their positions and are now forced to liquidate other holdings to pay for their losses"
Probably not as bad compared to SGI shareholders where the share price has now fallen from £3.80 to below £0.03 over the last few years; many of the shareholders will have swapped their Elvis Presley memorabilia to pay for their positions and are now forced to liquidate their Knight Rider betamax video collection to pay for their losses.
Speaking of SGI's peak share price... from looking at the director deals both Donal Peter James Duff and Michael Robert Montague Hall done extremely well selling at £3.65 in January 2014. SGI eventually peaked a few months later at £3.80. What did they know?
Might be worth keeping an eye on any recent director deals to determine insider sentiment, but considering there have been zero transactions in the last six years the possibility of any reversal of fortune is very low?
Pear
Pearls, Are you aware of Coinsilium? You know they are dealing with NFT stamps?
I posted a comment earlier today but the entire thread seems to have been reported and deleted by LSE? Not sure why. Luckily I have a saved copy of the comment.
Derampers come in all shapes and sizes:
1) Paid - employed by bigger entities. Spends all day spreading lies using multiple personas and online accounts. Will likely need professional mental help in dealing with split personalities.
2) Day Traders - struggles to make a consistent profit. Resorts to using every trick in the book in a hopeless attempt to make money one day. Will likely remain poor forever.
3) Laggards - never bought when share was cheap and kicked themselves when share was flying. Gloats with pleasure over falling price to justify to themselves they were right not to buy.
4) Haters - has a strong disliking for Bitcoin. Typically a gold-loving boomer and remains stuck in the past unable to embrace change. Collect stamps and listen to Cliff Richards vinyl on a gramophone.
5) Players - experienced investor and understands the game. Capable of ramping and deramping and often subtle in their efforts. Very cunning. Likely to work as a politician or estate agent.
Hello, it's Pear here. To confirm, I am neither jayblu or Delacey.
This may or may not be an alt account. Nothing wrong with creating alt accounts though, right Pearls?
Hi there, my name is actually Pear 1S. I think there is another chap here called Pearls with a similar username. It's just a coincidence we have similar usernames...
P.S. The link to the original article seems to have been removed. The article can be found at CoinTelegraph.
https://cointelegraph.com/news/turning-bullish-institutions-are-net-buyers-of-crypto-for-the-first-time-in-5-weeks
CoinShares’ weekly report showed institutional managers are buying into crypto funds again after four weeks of profit taking.
Following their longest streak of selling since February 2018, institutional managers became net buyers of digital asset funds last week, offering cautious optimism that the worst of the market selloff has passed.
Inflows into digital asset funds devoted to Bitcoin (BTC), Ether (ETH) and others totaled $63 million in the week ended July 2, CoinShares said in its latest report. For the first time in nine weeks, inflows were registered across all individual digital assets with dedicated funds.
Funds devoted to Bitcoin saw $38.9 million in weekly inflows, bringing the year-to-date total to $4.186 billion. CoinShares revised the previous week’s total to reflect a small increase in net investments.
Ether funds registered $17.7 million in weekly inflows, bringing their year-to-date total to $960 million and snapping three consecutive weekly outflows.
Funds investing in Polkadot and XRP saw inflows of $2.1 million and $1.2 million, respectively.
While multi-asset funds saw positive weekly inflows, the total was much smaller than in previous weeks, a sign that investors were cycling back into Bitcoin.
Grayscale, the world’s largest digital asset manager, reported last week that its total assets under management reached $29.8 billion. Some analysts are concerned that crypto markets could experience headwinds in the coming weeks after Grayscale’s GBTC lock-up expires, allowing investors to sell the shares.
Institutional buyers played a significant role in crypto’s most recent bull market, and they too have been a source of volatility on the way down. As Cointelegraph reported in May, Grayscale’s Michael Sonnenshein, Amber Group’s Jeffrey Wang and Tyr Capital’s Edouard Hindi believe financial advisers could play a significant role in broadening institutional adoption moving forward.