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

[realr0ach]

Bitmex is a bucketshop you noobs.  It does not matter who gets liquidated or longs or shorts there.  Bitmex positions don't drive the market; people would manipulate the real market to blow up Bitmex positions, not vice versa.  But what type of serious money would actually trade on a fucking bucketshop scam site in the first place?  If people were manipulating the real bitcoin market solely to try and sway positions on some tiny bucket shop nobody sane would actually trade on, it means the bitcoin market is far more pitiful than anyone could imagine.

[Toxic2040]

Still some Barting activity. I don't buy it sorry.
Sad to admit a few people are making a shit-ton of money due to this self-evident manipulation.

Well..that is your prerogative I guess. My take on it is this..  I know for about a 95% certainty that bitcoins price will at least double in the next twelve months. I dont know where you can find better odds than that at present.

D
I would call this a corrective move upwards not only due to technicals but also fiat fleeing legacy markets on a downturn. On the daily we are still well below moving averages. I would estimate a conservative target of $7.26k by months end.


W
Perspective

#dyor

[realr0ach]

I would call this a corrective move upwards not only due to technicals but also fiat fleeing legacy markets on a downturn.

Baby boomers fleeing the stock market to invest their life savings in shitcoins?  /facepalm.  You guys are getting desperate to come up for excuses as to what actually moves the bitcoin market when it's entirely Bitfinex fraud whether it goes up or down.

[Dakustaking76]

And booooooooooooooooom  

[realr0ach]

WTF is going on with the sudden volume. Holy sheeit !!

Low volume on bitstamp.  Mediocre volume on Gdax.  Extreme volume fraud on Bitfinex as usual.

[Karartma1]

I am referring to the right here, right now situation. In the past few weeks Bart is up and running. I said I'm here for the long run many times, no need to explain further. Simply warning that there are green candles and green candles.
DYOR, always 

EDIT: two upperbarts...

[bitChipper]

I would call this a corrective move upwards not only due to technicals but also fiat fleeing legacy markets on a downturn.

Baby boomers fleeing the stock market to invest their life savings in shitcoins?  /facepalm.  You guys are getting desperate to come up for excuses as to what actually moves the bitcoin market when it's entirely Bitfinex fraud whether it goes up or down.

You really think that a small generation in the USA would have an effect on the crypto market? These markets are open 24/7 and are open to all age groups around the world, we don't care if baby boomers can buy crypto or not when a 13 year old in malaysia can put all his money into bitcoin.

[bitChipper]

WTF is going on with the sudden volume. Holy sheeit !!

Low volume on bitstamp.  Mediocre volume on Gdax.  Extreme volume fraud on Bitfinex as usual.

Looks to me like top volume is binance, but it's against USDT so rage on i guess....

[Toxic2040]

Baby boomers Roach??   I dont think so. This is institutional.  I have decided to cut you some slack because I have realized you must be very young. Try to forgive..it will blow your mind. There is still hope.

I am referring to the right here, right now situation. In the past few weeks Bart is up and running. I said I'm here for the long run many times, no need to explain further. Simply warning that there are green candles and green candles.
DYOR, always 

EDIT: two upperbarts...

But..but..what if its a reverse Bart?

[Hueristic]

...The concept of fungibility goes to a kind of blacklisting of coins that cause some coins to be less spendible than others, and there is no fucking blacklisting going on through segwit or through lightning network...

To be a little more concise and make this statement clearer:

Fungibility equates to indistinguishably and nothing more, blacklisting is a method.

Blacklisting cannot be applied to anything that is fungible.

[mindrust]

WTF is going on with the sudden volume. Holy sheeit !!

Jack Dorsey is pumping.

https://www.zerohedge.com/news/2018-06-18/cryptos-spike-after-jack-dorsey-tweets-about-cash-app

Twitter became best friends with btc. That's interesting :d

Is...

Twitter making a partnershift with btc?  

[STT]

The BIS report is nothing new, BTC asic uses energy and they say all value can be compromised easily.  Where as FIAT is tied to national trade and so far superior.    Just seems like a biased view, not especially insightful

The cash app has a license in NYC, big area but not massive news yet either.

The graph view is more interesting and possibly more bullish should we keep improving, confirm above this level


https://i.imgur.com/d1iIfCI.png

[gembitz]

WTF is going on with the sudden volume. Holy sheeit !!

BOOYAAAAA =) WEEEEEEEEEE

[infofront]

Of course this fungibility is not an issue, until either a government or individuals begin to engage in a practice of changing value of coins based on demarcation, which is currently not an issue, but instead a speculation of an issue that could come up perhaps maybe blah blah blah.  And, also assuming that there is no way to remove history, then there is a way that coins could begin to look distinguishable from their history... but so far remains a BIG SO FUCKING WHAT?

For me, the dream of fungibility died when Ross Ulbricht went to prison.

[El duderino_]

Baby boomers Roach??   I dont think so. This is institutional.  I have decided to cut you some slack because I have realized you must be very young. Try to forgive..it will blow your mind. There is still hope.

I am referring to the right here, right now situation. In the past few weeks Bart is up and running. I said I'm here for the long run many times, no need to explain further. Simply warning that there are green candles and green candles.
DYOR, always 

EDIT: two upperbarts...

But..but..what if its a reverse Bart?

belgium WINS 3-0  new terms like REVERSE BART etc ......



KEEP it going

[infofront]

I would call this a corrective move upwards not only due to technicals but also fiat fleeing legacy markets on a downturn.

Baby boomers fleeing the stock market to invest their life savings in shitcoins?  /facepalm.  You guys are getting desperate to come up for excuses as to what actually moves the bitcoin market when it's entirely Bitfinex fraud whether it goes up or down.

You really think that a small generation in the USA would have an effect on the crypto market? These markets are open 24/7 and are open to all age groups around the world, we don't care if baby boomers can buy crypto or not when a 13 year old in malaysia can put all his money into bitcoin.

Most of the boomers are still skeptical of Bitcoin, but excited about "blockchain". Anyway, many of them don't possess the technical skills to buy Bitcoin. Maybe we'll see them meaningfully invested when they can call up their Fidelity guy and order up $X of the Bitcorn ETF.

[El duderino_]

QUICK list 12288 is finisht GOOD LUCK   WO's

16/04/2018 serveria.com
27/04/2018 BinaryReign
28/04/2018 Toxic2040
29/04/2018 BobLawblaw
30/04/2018 RayX12
05/05/2018 kaicrypzen
07/05/2018 InvoKing
08/05/2018 ChinkyEyes
13/05/2018 mfort312
15/05/2018 Paashaas
16/05/2018 player99
17/05/2018 bikerleszno
19/05/2018 Bitcoinaire
20/05/2018 willope
21/05/2018 rafanadal
22/05/2018 strawbs
24/05/2018 yonton
25/05/2018 JimboToronto
26/05/2018 Colonel Panic
29/05/2018 ivomm
30/05/2018 Lontonbit
31/05/2018 BTCMILLIONAIRE
01/06/2018 RoomBot
02/06/2018 rjclarke2000
03/06/2018 oblox
04/06/2018 wachtwoord
05/06/2018 Wekkel
08/06/2018 hisslyness
09/06/2018 LodisMcguire
11/06/2018 Raja_MBZ
12/06/2018 bitcoinPsycho
13/06/2018 erre
14/06/2018 vroom
15/06/2018 d_eddie
16/06/2018 coralreefer
18/06/2018 Robin,Hood
20/06/2018 rolling
22/06/2018 Biodom
23/06/2018 Dunkelheit667
25/06/2018 bones261
26/06/2018 Arriemoller
28/06/2018 klaaas
30/06/2018 DarkStar_
01/07/2018 o_e_l_e_o
02/07/2018 jojo69
03/07/2018 Karatma1
04/07/2018 Elwar
13/07/2018 sirazimuth
14/07/2018 Ludwig Von
21/07/2018 Lauda
22/07/2018 LFC_Bitcoin
26/07/2018 Icygreen
02/08/2018 fragout
03/08/2018 supremnoob
06/08/2018 cAPSLOCK
08/08/2018 infofront
10/08/2018 HairyMaclairy
15/08/2018 Phil_S
16/08/2018 Rosewater Foundation
17/08/2018 B1tUnl0ck3r
19/08/2018 Imbatman
21/08/2018 BitcoinBunny
27/08/2018 soullyG
28/08/2018 RealMachasm
29/08/2018 STT
04/09/2018 flynn
08/09/2018 xhomerx10
09/09/2018 vapourminer
11/09/2018 Dakustaking76
20/09/2018 Digigami
22/09/2018 Agapios
26/09/2018 itod
30/09/2018 DeathAngel
12/10/2018 IntroVert
15/10/2018 explorer
18/10/2018 Searing
26/10/2018 kurious
09/11/2018 fabiorem
15/11/2018 bitserve
20/11/2018 Globb0
22/11/2018 Last of the V8s
01/12/2018 Alexander_Z
07/03/2019 CoinCube
15/04/2019 Spaceman_Spiff_Original
20/06/2019 bitebits
13/12/2019 nikauforest
10/04/2020 yefi
05/09/2020 samson    
23/06/2021 fortune143      


LET THE LIST BE RELEVANT AGAIN UNLEACH THE BULLS            

[jbreher]

So you cede that these issues exist. Great.

Did my reply imply as much? I don't think they are issues - that's why I was asking. After bitserve, fluidjax too pointed out the meaninglessness of focusing on 51% attacks as segwit-specific attack vectors.

Fungibility isn't a real issue, either - still IMHO. As SW transactions become the majority, only old or newborn coins will be left in your Type 1 (coins that were never touched by a SW transaction). Besides, LN acts as a kind of giant mega-tumbler. If/when LN really gets into widespread use, it will only help fungibility rather than undermine it.

Segwit isn't flawed all of Jbrehere arguments are all flawed 

Typical Bcasher's echo chamber.

Haha. D^4, you have all the arguing skills of a precocious seven year old.

kampai!

[qwizzie]

https://www.cnbc.com/2018/06/18/bitcoin-jumps-after-new-york-approves-squares-cash-app-for-crypto-trading.html

New York's Department of Financial Services granted Square a virtual currency license, allowing users of the Cash app in the state to trade bitcoin.
Cash has 7 million monthly active users, the company said in its first quarter earnings call.

Looks like New York is getting a little bit more crypto friendly.

[jbreher]

As I posted between there and here, Segwit creates three classes of Bitcoins. Each with distinctly different exposure to security vulnerabilities. 
1) Those that are completely free of any Segwit taint all the way back to their constituent coinbase transactions;
2) Those that are not currently output from a Segwit transaction, but have Segwit taint between here and their constituent coinbase transactions; and
3) Those that are the output of a Segwit transaction.

now trying to pervert the concept of fungibility.

Just because a coin is being used in a specific way that does not make such coin more or less fungible than if such coin is used in another way.

Geeze, JJG - you need to look up the definition of 'fungible'.

Geez jbreher... I see no reason for me to look up anything related to fungibility.  You are trying to make some kind of assertion that lack of fungibility is an issue, and seems that you are just making shit up.

Absolutely false. I am merely saying that Segwit creates a triple-classed asset. And that this is by definition a lack of fungibility. You said that I am "now trying to pervert the concept of fungibility". You were 100% wrong. Own it.

That is definitively a lack of fungibility. A lack of fungibility is in no way limited to some sort of centralized blacklisting.

O.k.  Fungibility issues would exist if some coins were easier to spend then others or if I could not get my coins sent because of some issue with them being tainted in some kind of way.  Again, where is the evidence of this seemingly fabricated issue  (and if it is not completely fabricated it is surely greatly exaggerated)?

The evidence is already given. Segwit creates a triple-classed asset. And that this is by definition a lack of fungibility.

Sure some BIG BLOCKER nutjobs are going to continue to exaggerate negative speculation, like you seem to be doing, and to spread disinformation about supposed catastrophes of lightning network in order to pump their stupid-ass and largely non-substantiated negative talking points.

If you want to argue the facts of the matter, step up. I made some assertions of fact.

Assertions of facts do not make facts,

true

if you don't show evidence.

but I did.

Pony up some counter-arguments. If what I said is 'disinformation', then it should be a simple matter for you to put forth proof that they are false.

I have no burden to put forth facts to rebut your bare assertions, because I have not seen anything rising to the level of meaningful facts (beyond assertions about what could happen ... not something that is actually happening)

Facts about what could happen. Exactly.