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

[savetherainforest]

I keep hearing of big banks ordering smaller banks to close accounts of exchanges or people that transfer money to exchanges.    
How are people gonna buy more coins if banks don't cooperate?? Altcoins? Or they will accept fiat themselves or wtf??

[bitcoinPsycho]

if your sad just look at the bch price -16% and it will cheer you up . 

was just going to say this, sure, it is some cold comfort what with the blood bath and all, but BCH is making new lows against BTC since coinbase listing

the inevitability chart confirms this

[Arriemoller]

a chart that I like today:

https://i.imgur.com/IjU1Iec.png

Why is every chart you people post some variation of the price infinitely going up forever at exactly a 45 degree angle?  I mean, it literally HAS to be a scam to do that.

It's called Perfectly inelastic supply, it's a term in economics.

https://www.economicshelp.org/concepts/inelastic-supply/

[eaglewhite80]

I really do not understand
Nothing bad is happening at the momento
All exchanges are crowded with new users, and still losing marketcap?

Well, the whales are still playing with the market and all those newly registered users on the exchanges are just you and I who are buying so little compared to when the institution steps in, once they feel the bears are fully worn out and then we start seeing FOMO buys all over again.

[bitcoinPsycho]

I keep hearing of big banks ordering smaller banks to close accounts of exchanges or people that transfer money to exchanges.    
How are people gonna buy more coins if banks don't cooperate?? Altcoins? Or they will accept fiat themselves or wtf??

Yes  on coinbase today I noticed deposits from  nationwide bank(uk) no longer supported

[realr0ach]

a chart that I like today:

https://i.imgur.com/IjU1Iec.png

Why is every chart you people post some variation of the price infinitely going up forever at exactly a 45 degree angle?  I mean, it literally HAS to be a scam to do that.

It's called Perfectly inelastic supply, it's a term in economics.

https://www.economicshelp.org/concepts/inelastic-supply/

Wtf?  Inelastic pertains to things like food and water, not shitcoins.  The world keeps trucking along just like it ever did no matter what happens to shitcoins.

[DonQuijote]

Dont worry guys, we can use over9000 meme again

[jojo69]

then they fight you

[LFC_Bitcoin]

I keep hearing of big banks ordering smaller banks to close accounts of exchanges or people that transfer money to exchanges.    
How are people gonna buy more coins if banks don't cooperate?? Altcoins? Or they will accept fiat themselves or wtf??

Yes  on coinbase today I noticed deposits from  nationwide bank(uk) no longer supported

Coinbase is a joke, there are many, many other places you can deposit fiat to buy bitcoin’s.
Localbitcoin’s is a good starting point, P2P trading with an escrow.

[strawbs]

I keep hearing of big banks ordering smaller banks to close accounts of exchanges or people that transfer money to exchanges.    
How are people gonna buy more coins if banks don't cooperate?? Altcoins? Or they will accept fiat themselves or wtf??

Yes  on coinbase today I noticed deposits from  nationwide bank(uk) no longer supported

Yup, TransferWise also now refuse to make deposits to, or accept withdrawals from, crypto exchanges.  It's becoming increasingly difficult to get fiat into or out of crypto.

[bitcoinPsycho]

1 btc still worth 1 btc

[El duderino_]

I keep hearing of big banks ordering smaller banks to close accounts of exchanges or people that transfer money to exchanges.    
How are people gonna buy more coins if banks don't cooperate?? Altcoins? Or they will accept fiat themselves or wtf??

Yes  on coinbase today I noticed deposits from  nationwide bank(uk) no longer supported

More difficult to get there hands on BTC So they Going to make the price rises themselves

[zazzbg]

https://www.youtube.com/watch?v=JSUIQgEVDM4

[JayJuanGee]

I reckon there's probably $50 to $100 million in real fiat deposits backing Tether's $2.5 billion in worthless blockchain tokens that were used to blow the 2017 bitcoin bubble.

We're headed back to $1k folks.

Hey, do you realize you are constantly changing your "prediction"?

https://bitcointalk.org/index.php?topic=178336.msg29279653#msg29279653

Hhahahahahahaha...


No shit.

Some of these guys, and gal just throw a bunch of shit out there, and then later, they say... "told you I was right."

[realr0ach]

Umm, thanks bob, for telling everyone to HODL while you dump on them....LOL.

[Lopumbo]

HODL on, HODLers. We're heading into very choppy waters today by the looks of it.

Yeah HODL while I SODL  

[markj113]

All the HODL idiots should be forced to post a signed wallet message showing exactly how much of their own skin they have in the game.

I am sure for most it will be insignificant pocket money levels.

[gentlemand]

I keep hearing of big banks ordering smaller banks to close accounts of exchanges or people that transfer money to exchanges.    
How are people gonna buy more coins if banks don't cooperate?? Altcoins? Or they will accept fiat themselves or wtf??

Yes  on coinbase today I noticed deposits from  nationwide bank(uk) no longer supported

That's their EU intermediary bank putting an end to it. Nationwide themselves are pretty mellow when it comes to crypto.

[Arriemoller]

a chart that I like today:

https://i.imgur.com/IjU1Iec.png

Why is every chart you people post some variation of the price infinitely going up forever at exactly a 45 degree angle?  I mean, it literally HAS to be a scam to do that.

It's called Perfectly inelastic supply, it's a term in economics.

https://www.economicshelp.org/concepts/inelastic-supply/

Wtf?  Inelastic pertains to things like food and water, not shitcoins.  The world keeps trucking along just like it ever did no matter what happens to shitcoins.

The rule of supply and demand pertains to everything that can be sold and bought.

[realr0ach]

All the HODL idiots should be forced to post a signed wallet message showing exactly how much of their own skin they have in the game.

I am sure for most it will be insignificant pocket money levels.

Bitcoin is now a toxic asset as all the insane people who were buying at the top of a completely parabolic pump and dump are trying to figure out how to minimize their losses and will be desperate to dump the second they see any rise.