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

[Typex]

Maybe there is some news we havent found out yet that is causing this dump.
Looking at the past year the rsi is currently just above the China ban, Feb 6th and April 1st levels.  I wonder if 6800 will hold.

[Asrael999]

Oh https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe meh

Saw that.

Looks like the US is going to go after foreign exchanges.

Finally the US getting involved with the business of other nations.


Oh no, wait. The SEC can only regulate US exchanges. And the US exchanges are basically US government bank exchanges already. So...maybe they will drop bombs on foreign exchanges? That's what the US does best.

The SEC has the power to assert it's jurisdiction over any global exchange or ICO that accepts US investors. So if just one customer of the exchange or investor in the ICO is US domiciled the SEC can apply US securities law to that exchange or ICO. Note that the SEC does have to work with local regulators as well , there are various treaties that influence what actions the SEC can actually take. If a customer lies about their origin and is subsequently found to be from the US then the ICO/exchange can probably expect hefty fines and investigation by the SEC.

[El duderino_]

[babanana]

Bitfinex is on the line of fire. Fire fire fire. 

[El duderino_]

[Elwar]

US investigators would actually have to get on the foreign exchanges to do an investigation.


Somewhat related, I downloaded the decentralized exchange, bisq.

It's pretty interesting in that you can see the amount of trades daily. US dollar trades are around 15 per day.

I went ahead and set up a sell order in baht for my gf to test it out in Thailand. Set it at 10% though so no bites.

It's not that great but at least a start.

[Roccker]

The majority in the poll always seems to be wrong )

[LFC_Bitcoin]

6-12 months after the next halving - 1 bitcoin = over $50,000

But....I want that now. 

Not that I would cash out or anything. I'd still only spend $35k a year to stay in the low income bracket where I don't have to pay taxes.

But still...it would make me feel better.

I want it now too brother, I’m not getting too upset though. I’m currently in Prague & moving on to Ukraine in a few hours for a few days ahead of the Champions League Final (all paid for courtesy of Roger & his shitcoin).

Is it true that bitcoin is failing because it is running out of greater fools?
Like I feared, BTC is ruining it also for more interesting concepts like EOS 

[becoin]

The SEC has the power to assert it's jurisdiction over any global exchange or ICO that accepts US investors.

US slaves (aka US citizens) have to accept US gov jurisdiction over their money but I have the power to reject SEC self-proclaimed power. Actually, any country that has nukes to defend itself has such power.

[shahzadafzal]

Who else right now?

https://i.imgur.com/g0XMnGIm.jpg

[markj113]

DOJ launching a criminal probe into BTC price manipulation.

Looks like we'll soon find out if the whales are artificially pumping the price

https://www.zerohedge.com/news/2018-05-24/doj-launches-criminal-probe-bitcoin-market-manipulation

Seems there is a constant attack on BTC that is ramping up, looks like the powers above have decide enough is enough.

[Rsiyz]

Pence is idiot....   today news
Yes drumpf and penisce want that world.. where only nukes have power over law. Now they will eat salt and fall with that double sided "sword" aka nukes power.
Sac will kicked out same like other " investigators"
World in flames .  That you usa want? ..))
Bypasing swift and other will pressing good.
Look to czech president statements or orban hungary.
Poland will die without agricultural support from eu and export to around eu states . Israel look for new slaves in romania  but there is better than before 2000..already peple from jordan complains and dont want work for 500-700usd in isrl.. thats why il have limited suplies and money and need war to get more usd from us taxpayers..)))  lol my thai ex gf. Complains she have only cca 500 usd in real job- small byznis( no lady) ..3rd world no more. Asia is future my dear. There live nearly 3 billion people .. thats good for your byznis. Europe is dying under nato..after 1989.. look to germany how old is all there.. ugly brittons are another sad story there will no juice ti buy more bitcoins

[Rsiyz]

DOJ launching a criminal probe into BTC price manipulation.

Looks like we'll soon find out if the whales are artificially pumping the price

https://www.zerohedge.com/news/2018-05-24/doj-launches-criminal-probe-bitcoin-market-manipulation

Seems there is a constant attack on BTC that is ramping up, looks like the powers above have decide enough is enough.

Look nice like whole bitcoin was planed like reserve currency if war started and usd become worthless after .. just show me more " collor " core of satan )) ..
Ok .. now is it clear . Bitcoin is usa "babe" nothing more satoshi fairytales ))  if now majority chinese miners will hold .. they  will chesmate usa again .. lol

[Jacques_Bittard]

Don't be mad, I feel ya bro. I also like to gain money without doing any work

[phabit2]

Pence is idiot....   today news
Yes drumpf and penisce want that world.. where only nukes have power over law. Now they will eat salt and fall with that double sided "sword" aka nukes power.
Sac will kicked out same like other " investigators"
World in flames .  That you usa want? ..))
Bypasing swift and other will pressing good.
Look to czech president statements or orban hungary.
Poland will die without agricultural support from eu and export to around eu states . Israel look for new slaves in romania  but there is better than before 2000..already peple from jordan complains and dont want work for 500-700usd in isrl.. thats why il have limited suplies and money and need war to get more usd from us taxpayers..)))  lol my thai ex gf. Complains she have only cca 500 usd in real job- small byznis( no lady) ..3rd world no more. Asia is future my dear. There live nearly 3 billion people .. thats good for your byznis. Europe is dying under nato..after 1989.. look to germany how old is all there.. ugly brittons are another sad story there will no juice ti buy more bitcoins

I've seen AI generated posts that make more sense.

[El duderino_]

Don't be mad, I feel ya bro. I also like to gain money without doing any work

[LoyceV]

DOJ launching a criminal probe into BTC price manipulation.

I take it they won't go after the manipulation done by billionairs (Buffet) or banks (JP Morgan)?

https://www.zerohedge.com/news/2018-05-24/doj-launches-criminal-probe-bitcoin-market-manipulation

I quote: "Studies have shown that 1,000 people own 40% of the bitcoin market."
They can probably state the same about most stocks.

Seems there is a constant attack on BTC that is ramping up, looks like the powers above have decide enough is enough.

I don't think Bitcoin cares

[qwizzie]

Rebound time it seems, lets see if it holds.

[buyandhold]

Big green 15m candle.
Double bottom tested and rejected?
(Binance maintenance)

[greensheep]

Big green 15m candle.
Double bottom tested and rejected?
(Binance maintenance)

and growing