Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[HairyMaclairy]

I noticed Counterparty (XCP) on the BTC blockchain was up big time today. Any news?  I bought some of these tokens years ago on my Counterwallet.

Looks like a dead project being pumped to me.

http://counterparty.cash/

That’s a different token isn’t it?

[dozerz]

I noticed Counterparty (XCP) on the BTC blockchain was up big time today. Any news?  I bought some of these tokens years ago on my Counterwallet.

Looks like a dead project being pumped to me.

http://counterparty.cash/

That’s a different token isn’t it?

yes, but they havent decided if xcp hodlers will get a 1:1 issue and buyers love free forks.

[nikauforest]

I noticed Counterparty (XCP) on the BTC blockchain was up big time today. Any news?  I bought some of these tokens years ago on my Counterwallet.

Looks like a dead project being pumped to me.

http://counterparty.cash/

That’s a different token isn’t it?

Yea looks like it is a different token not for Bitcoin but for the other fork.
This is the original project for BTC
https://counterparty.io

[PoolMinor]

[jojo69]

I actually feel like we are holding up pretty well considering.

Also could explain the last couple days if there was any intel leakage on this.

[HairyMaclairy]

Alts are moving up the ranks by only losing 20% on a daily basis....

I wonder if the day of reckoning for the bullshit alt market is beginning.   If Bitcoin whipsaws tomorrow, things could get interesting.

[jojo69]

LOL!!

-46$ spread on GDAX     yes <46>

[ivomm]

Just woke up to see how on Bitfinex 6k 8K BTC were sold from 15K down to 13K in less than an hour and a half. This is not a normal trading. Someone desperately wants BTC to be stopped, but who? Cripple and Eth are going down, only bcash is up... hmmm. Ver is one of the suspects for sure. Or some whale with a low futures bid may be...  

Last edit: 7 700 000 BTC sold in one hour and 3000 BTC an hour before. Someone hates the hodlers  

[LewisPirenne]

Since S. Korea is leading the way down (-20% ~ -30% across board), I suppose that Korean are finally starting to discount the possibility that their govt may pull a China-style ban, regardless of whether it's tax authority raid on exchanges or new legislation being discussed.  But on the bright side, newbies to the crypto world will finally get a chance to see what their favorite ALT is made of.  BTC got here today not because it's the coolest kid on the block, but being basically the last one standing through out all the storms.  

[vit05]

Could a Minister of Korea just ban all exchanges the same way China has done? Isn't necessary vote on the Congress or something like that?

[gentlemand]

https://mobile.twitter.com/iamjosephyoung/status/951300898571018241

Probable rubbish once again. But I'm past caring.

[xhomerx10]

 Thanks!  I was sitting here getting dismayed by reading all the FUD about Korea (especially from Reuters) and that picture made me laugh.

[Heater]

https://mobile.twitter.com/iamjosephyoung/status/951300898571018241

Probable rubbish once again. But I'm past caring.

Love this reply :

Telling people in crypto not to panic is like telling you’re wife to calm down when she’s angry.  It tends to fuel the fire. LOL.  I think this one might take some time to recover.  I hope I’m wrong.

[nikauforest]

https://mobile.twitter.com/iamjosephyoung/status/951300898571018241

Probable rubbish once again. But I'm past caring.

Love this reply :

Telling people in crypto not to panic is like telling you’re wife to calm down when she’s angry.  It tends to fuel the fire. LOL.  I think this one might take some time to recover.  I hope I’m wrong.

Yea! I know that one, so true.

[MinermanNC]

Man this really sux, Its seems like history is repeating itself here.

Bitcoin has always remained resilient when ever these little flare-ups occur. Consider where its stemming from  

[404Revolution]

U no ban crypto crypto ban u 

[infofront]

https://mobile.twitter.com/iamjosephyoung/status/951300898571018241

Probable rubbish once again. But I'm past caring.

This is what I've been reading too. They're still only planning to shut down any exchange that doesn't strictly follow KYC, tax laws, etc.

[Enjel]

Hey, I have a question - is South Korea actually banning *all* crypto trading?

Or is it just banning noncompliant exchanges? What is actually going on?

If someone has a link to a translated primary source, directly reporting from SK, that would be nice.


BTW, it looks like all the shitty alts (I still maintain that ETH is not a shitty alt), especially XRP, are getting destroyed. My portfolio is down by almost 20% (from its ATH), but I can't help but enjoy seeing the POP of the recent spam-coins back by nothing buy hype and empty promises.

[jojo69]

https://mobile.twitter.com/iamjosephyoung/status/951300898571018241

Probable rubbish once again. But I'm past caring.

This is what I've been reading too. They're still only planning to shut down any exchange that doesn't strictly follow KYC, tax laws, etc.

so...no news

[ivomm]

Let's hope these 10K+ BTC sold in the last 2-3 hours on Bitfinex (and who knows how many on other exchanges) will be in better hands ( ahem, hodlers). At least there will be a much less resistance going back to 20K, so this shaking out the weak hands is a good thing.