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

[HairyMaclairy]

Bitcoin shorts at ATH.  *If* there is a liquidation event, there won’t be a clean pair of pants left in the house.  

Long:shorts ratio at 1:1 which is lowest ratio since November.  

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[bitcoinPsycho]

[realr0ach]

"In 2008, an Associated Press article designated the Huntington-Ashland metropolitan area as the unhealthiest in America, based on its analysis of data collected in 2006 by the Centers for Disease Control and Prevention. Nearly half the adults in this metropolitan area were obese"

Apparently the West Virginia/Kentucky area has tons of bitcoiners.

[Torque]

President Trump has instructed the United States Trade Representative to consider $100 billion of additional tariffs on China.

I like this trading war between China and Uncle Sam, who got the bigger balls and who will bow in the end

Considering the enormous trade deficit the US has with China ($375 Billion), China has a lot more to lose from a trade war. But will they be able to surrender and still save face?

I think this whole trade war crap is just for show and won't last. Trump has probably been getting an earful from mid western soybean farmers (part of his base) over it right about now.

I bet both parties negotiate before the tariffs even kick in.... or they get dropped.

[Globb0]

I don't know why we consider the "India" factor that much in crypto. Indian contribution towards crypto volume is surely not above 2.5% to 3% or so.

India has a population of 1.3 billion I would have thought a ban there is significant even if user adoption is low currently.

Actually, more than 90% of population is completely un-banked as Torque said, more than 750 million have no access to even toilets (I'm sorry if it hurts someone around), and around only 400 million have access to internet.

Now, at most, IMO, 0.4 million people would be using crypto in India, and almost all of them would be having very low volume.

Are you sure about the 90% figure? Sounds a bit far fetched given that Europe and the US alone have more than 1B people.

https://economictimes.indiatimes.com/slideshows/economy/what-government-plans-to-do-with-the-old-rs-500-1000-notes/98-of-all-consumer-payments-in-india-use-cash/slideshow/55579468.cms

98% of all consumer payments in India use cash

About 98 percent of all consumer payments in India use cash, and the high frequency of handling forces the monetary authority to withdraw about 75 percent of its notes in circulation in a typical year - more than the number of bank notes collectively produced by all countries taken together with the exception of China.

but I read in zh that they took cash away and that it was a giant mess... even saw it in tv 

Yup, they took a lot out from circulation, happened like 15 months back, to promote use of banks.

But do you really believe that within 15 months of time span, almost everyone being new to banks, would've even bothered to see what crypto is all about?

Not quite they removed larger notes. To make it harder for criminals to work in cash. Same as in a few other countries.

[UnDerDoG81]

Sad sad... Sell 100% now and buy back @ 2000? It will happen . But yet no balls  besides, leaving all that Fiat on a exchange feels scary :/

[HairyMaclairy]

[HairyMaclairy]

SEC Chairman - not all iCOs fraudulent: 

https://bitzamp.com/sec-chairman-says-icos-are-not-all-fraudulent/

[vroom]

eg:

Ferox Tenator Nervosa
Ferox Tenator Zennist
Ferox Tenator Testicular-Grande
Ferox Tenator Capitulatos
Ferox Tenator Nihilismos

?

Edit: I suck at this whole latin/taxonomy thing. You guys get the idea. Not deleting otherwise nonsense-post.

thanks for making me laugh

[El duderino_]

Sad sad... Sell 100% now and buy back @ 2000? It will happen . But yet no balls  besides, leaving all that Fiat on a exchange feels scary :/

I think its better not too sell now ..... especially not When Where allready down here .... if you sell @ what point would you actually buy back in ? And how sick are you Going to be When youre sell order doesn’t Go off and price go’s
Back up again seen So Many try to play This game work sometimes “most of the times for not too much gaining and When iT went wrong bought back in more expensive , too than see iT drops back lower and then they really don’t know what too do....and offcourse long term whit This play = losing money even whorse = losing BTC”
So best of all Just hodl buy dips be happy hodl and keep hodling ...... and never get greedy only thing that happens is getting burned

[Alexander_Z]

Ferox tenator - hodler

Is there further classification of hodlers into subspecies?

eg:

Ferox Tenator Nervosa
Ferox Tenator Zennist
Ferox Tenator Testicular-Grande
Ferox Tenator Capitulatos
Ferox Tenator Nihilismos

?

Edit: I suck at this whole latin/taxonomy thing. You guys get the idea. Not deleting otherwise nonsense-post.

Something like this

[El duderino_]

Mmmm almost thinking too throw out all of my btc’s for tron .... good idea  

[pfrtlpfmpf]

Sad sad... Sell 100% now and buy back @ 2000? It will happen . But yet no balls  besides, leaving all that Fiat on a exchange feels scary :/

Erm, what do i do on an exchange, i thought, exchanging money ?

[Alexander_Z]

Ferox Tenator Bovem Imperatoria - OG

It must be a magnificent beast!

[B1tUnl0ck3r]

Coinbase isn’t going to list a coin designed to get rid of Coinbase. 

quite. but noob alt traders be like

I am sorry, but I find that this woman did try. And that's worth saluting . And apparently she isn't insulting or degrading or anything negative, but just in between 2 galaxies...

so thumb up, heart, friend request and peace sign !

hug noob.

Or she is making fun or Star Warts.

as long as it's not star farts .

SEC Chairman - not all iCOs fraudulent:  

https://bitzamp.com/sec-chairman-says-icos-are-not-all-fraudulent/

but most are... it's like theranos. it's not because it's ... that it's not a scam .

anyway I think that most dumbass low iq have been tapped out in scams... they have learned, next sheep wave will be more careful...

[Raja_MBZ]

SEC Chairman - not all iCOs fraudulent: 

https://bitzamp.com/sec-chairman-says-icos-are-not-all-fraudulent/

but most are... it's like theranos. it's not because it's ... that it's not a scam .

anyway I think that most dumbass low iq have been tapped out in scams... they have learned, next sheep wave will be more careful...

[Torque]

9. Fucking Chinese can't actually create innovative shit, so they clone/steal others IP = supposed instant value 

[mudbone]

Are we at $5000 yet? The suspense is wearing a hole in my forehead.

[Globb0]

next sheep wave will be more careful...

Whaaaaaat ?

[RayX12]

Ferox tenator - hodler

Is there further classification of hodlers into subspecies?

eg:

Ferox Tenator Nervosa
Ferox Tenator Zennist
Ferox Tenator Testicular-Grande
Ferox Tenator Capitulatos
Ferox Tenator Nihilismos

?

Edit: I suck at this whole latin/taxonomy thing. You guys get the idea. Not deleting otherwise nonsense-post.

Forgot Tenators Desperate-Dumping-Retirees