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

[shahzadafzal]

we need a button observer thread!

Or link on the home page to go directly to Wall Obsever post’s last page.

[1701794098]

1701794098

[1701794098]

1701794098

[Karartma1]

Bart is at it again


https://tether.to/fss-report-transparency-update/
 
ok...........let's move on

EDIT: Bart sometimes moves up, sometimes moves down. Now it's up

[JayJuanGee]

More Bcash double spendings  

https://doublespend.cash/

jbreher the BCash lover wants to go on and on about how Bitcoin fungibility is "compromised" with SegWit.

But on this BCash compromise (ie. complete failure)? Dead silence. Crickets.

BCASH DOUBLE SPENDING IS FAKE NEWS AND EVIL SMALL BLOCKER PROPAGANDA! edit: *insert raging rogerver image*

To all the small blocker bcash insulters:

[kalehon]

[JayJuanGee]

Obviously you need to improve your financial education regarding the theory of currencies. I'd recommend some books, but it may be easier to start here: https://www.coinfairvalue.com/reference/ Good luck

Unfortunately in this world now the only thing that counts is Perceived value.

perceived value is just one component, especially if we account for differing perceptions.

For example, there is mass market perception that goes along with price movement; however, mass market perception can be manipulated by smart money - but only so far.  

There is smart money perception that can push and push its manipulation, but they can only manipulate momentum for so long.

I would say that mass market perception is an indicator that lags based on price and price movement, while smart money perception pushes the price (not always in the direction of their perception, thus the concept of manipulation against perceived value in order for smart money to accumulate or to otherwise undermine their own perceptions of value of such asset).

Even in the time that I have been in bitcoin, there have been times that we have seen an inability for smart money (the bears) to non longer be able to keep the price down, and even though overall perception may have been DOWN on bitcoin, the bitcoin price moved up, and up and up... take the $500 price point as an example... BIG money (whales) would have loved to have been able to keep BTC prices below $500 for much beyond May 2016... but at that time, they pretty much lost control of keeping BTC prices down, public sentiment about BTC remained down, and likely did not really become bullish about BTC until late 2017.

[Dabs]

The fair market value of anything based on artificial scarcity is obviously zero.

Apparently, $300 billion dollars says it's not obvious.

The fair market value of anything is what the market is actually paying for it.

[Rosewater Foundation]

Let the games begin.

[abercrombie]

Tether Review Claims Crypto Asset Fully Backed – But There's a Catch

https://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch/

EDIT: Don't forget to read carefully before you proceed!

"it was only one day's balances. "FSS has not performed any procedures or made any conclusions for activity prior to or subsequent to June 1st, 2018, Close of Business," the firm says in its report."

FSS LLP were allowed to pick a date.  And the banks were asked to verify balance on that date.   It's not like Tether can go back in time, and put money into the account on the chosen date.   

[Dabs]

Tether Review Claims Crypto Asset Fully Backed – But There's a Catch

https://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch/

EDIT: Don't forget to read carefully before you proceed!

"it was only one day's balances. "FSS has not performed any procedures or made any conclusions for activity prior to or subsequent to June 1st, 2018, Close of Business," the firm says in its report."

FSS LLP were allowed to pick a date.  And the banks were asked to verify balance on that date.   It's not like Tether can go back in time, and put money into the account on the chosen date.   

It's like what some people do signing bitcoin messages. "As of this time, this address is under my control, and has this amount of bitcoins in it."

Then a few days later, the BTC moves to another address. But you can all see it in the blockchain.

[vroom]

Tether Review Claims Crypto Asset Fully Backed – But There's a Catch

https://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch/

EDIT: Don't forget to read carefully before you proceed!

"it was only one day's balances. "FSS has not performed any procedures or made any conclusions for activity prior to or subsequent to June 1st, 2018, Close of Business," the firm says in its report."

FSS LLP were allowed to pick a date.  And the banks were asked to verify balance on that date.   It's not like Tether can go back in time, and put money into the account on the chosen date.   

It's like what some people do signing bitcoin messages. "As of this time, this address is under my control, and has this amount of bitcoins in it."

Then a few days later, the BTC moves to another address. But you can all see it in the blockchain.

banks could learn from blockchain and adapt some features. Can not be that hard to make account information like balance and transaction public viewable. a additional online banking feature where account owners can control the access to this information by some kind of api.

I bet banks will do things like that to fight bitcoin.

[Makkara]

Finally tether name is cleared:

https://tether.to/fss-report-transparency-update/

Earlier this year Tether engaged Freeh, Sporkin & Sullivan LLP (FSS) to review bank account documentation and to perform a randomized inspection of the numbers of Tethers in circulation and the corresponding currency reserves.

FSS is a Washington-based law firm providing legal, investigative and monitoring services to organizations around the world. Established by three former federal judges – including a former Director of the FBI – with decades of experience adjudicating at the highest levels of the U.S. government, FSS has extensive knowledge of matters pertaining to governance, compliance, and business integrity

Full report: https://tether.to/wp-content/uploads/2018/06/FSS1JUN18-Account-Snapshot-Statement-final-15JUN18.pdf

And now back in business:

[Last of the V8s]

some fbi cunt says it's fine and y'all believe

[Robin,Hood]

Well, at least somebody is trying to hold "The bottom" up... . (Mic post some good pic)  

.................

we need a button observer thread!

No we dont, that fetish is all yours. A "high" thread on the other hand is worthy some consideration.

[yefi]

Like I said.

I'm really, REALLY bored.

I hope the enema wasn't your idea

[mymenace]

some fbi cunt says it's fine and y'all believe

They all believe


I heard it in the news
I saw it on TV
Someone told me


(Gossip, innuendo, theory, speculation)


General public have no idea what they talkin about - all bullsh@t


Rule 1, get your facts from 3 sources
(mainstream, alternative and conspiracy theory)


you will find your own truth

[cAPSLOCK]

If you are bored unignore some bcash shills or roach then slap them. Then ignore again.

There is nothing productive in that.

Fucking around with Lightning at the stage it's at right now, will just make it easier on all of you, once the momentum increases further.

It's still a bit wonky, to be honest, but steadily getting better and better with every release.

Yeah.  I put some stuff up on that wall (and instantly snapped a pic since it would be covered up so fast) just for fun.  Also bought stickers, a tshirt and a Billfodl with lightning.

I had to reset a channel once.

But otherwise it excites me  the same way doing my first BTC transfer back in 2011 did.

People have NO IDEA how cool this is for little bits of spending money. The things we will see built.

Here a cool one:

Lightning based poker where ALL of it happens on layer 2.  No deposit.  No withdrawal.  All contract driven on Layer 2.  Maybe not something you'd use for high stakes.  But for penny poker?  No rake?

It's a home game on the internet.

People have no idea. 

None of us do really.  Not yet.

[Last of the V8s]

Whalepool: tusd good, eos bad.



retweets bulltard meme.



meanwhile



duh. the Brock connection not least.

These.people.are.all.fucking.scammers.

[mymenace]

Whalepool: tusd good, eos bad.



retweets bulltard meme.



meanwhile



duh. the Brock connection not least.

These.people.are.all.fucking.scammers.

the Brock connection

Thus connecting to the Clinton foundation

Is this the same - Brock Pierce

Tied to underage media programming and big parties

https://hornet.com/stories/brock-pierce-scandal-john-oliver-2/

https://steemkr.com/life/@ura-soul/6v9cqt-clinton-foundation-member-brock-pierce-funder-of-eos-and-chairman-of-bitcoin-foundation-was-implicated-in-a-hollywood-child-sex




gorram it, rabbit holes everywhere......

[El duderino_]

normal that its boring we are all looking to the WORLD CUP or not ??  

[Last of the V8s]

normal that its boring we are all looking to the WORLD CUP or not ??   

My mate has two tickets for the final of the World Cup 2018 but he is getting married on that day and cannot attend.

If anyone wants to go instead of him, it's at St Andrews Church in Brighton and the bride’s name is Sarah.