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Question: Closing BTC Price June 17:
$0 - 3 (2.3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.6%)
$7,501-$7,750 - 4 (3.1%)
$7,751-$8,000 - 12 (9.2%)
$8,001-$8,250 - 13 (9.9%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.6%)
$8,751-$9,000 - 11 (8.4%)
$9,001,$9,250 - 13 (9.9%)
$9,251-$9,500 - 17 (13%)
>$9,500 - 17 (13%)
$20,000 - 9 (6.9%)
Total Voters: 131

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21225648 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (64 posts by 15 users deleted.)
rolling
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January 15, 2019, 12:48:09 AM

https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/

Quote
Russia is preparing an investment in Bitcoin to replace the US dollar as a reserve currency in a bid to tackle US sanctions, according to a Russian economist with close ties to the Kremlin.
Cryptocurrencies have seen a surge of interest in Russia, with President Vladimir Putin expressing interest in the digital assets in recent months. Mr Ginko believes Bitcoin and the wider cryptocurrency industry now account for 8pc of Russia’s GDP, and investment to bolster the country’s reserves with Bitcoin could start as soon as February.

“[The] Russian government is about to make a step to start diversifying financial reserves into Bitcoin since Russia [is] forced by US sanctions to dump US Treasury bonds and [take] back US dollars,” Mr Ginko said.

“These sanctions and the will to adopt modern financial technologies lead Russia to the way of investing its reserves into Bitcoin.”

Scary if true. I've thought about this quite a bit since reading "The Bitcoin Standard".

The countries who are first to adopt Bitcoin as their reserve currency or at least partially back their currencies with BTC are likely to be the most wealthy countries in 10-20 years. It could really shift the balance of power without a shot being fired.
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January 15, 2019, 12:51:36 AM

^ Just so you can finally shut up repeating the same old argument over and over. Yes, we are going to a cashless society. That is probably already irreversible, it's just a matter of time.
No, I don't think states are supporting Bitcoin for that nor they really need to but if that were the case it would go to the moon first.

Now just fucking stop FFS.

What do you mean we are going to a cashless society?

The only time I have used cash in the past 12 months was when I was defeated by a parking machine in a UK seaside town which would not let me out without a pound coin.  I had to go to an ATM and then to a pub to buy a beer so I could get a coin.  Fucking savages in the UK.

Well that's exactly what I mean. I still profusely use cash because of reasons. Most people don't because of convenience. But we are going onto a path where soon will come the day that we won't be able to use cash (for the most part) even if WE WANTED TO.

Most euro countries you can not even buy a high end TV set using cash. It's forbidden by law. They will keep decreasing the max limits over time.

Why?

Because cash is way harder to control than banking fiat or even Bitcoin.

cash is the ultimate privacy token. which is why powers that be hate it (even though they control the supply) ;-)

don't write it off. it has uses. Going cashless will mean less freedom


Going cashless doesn't work if there's a power cut.
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January 15, 2019, 12:52:05 AM

What if we tried not to engage him for, like, say, a week, and see what happens?

It's like the siren's call. Maybe xhomerx10 should have us trade in our hats for earmuffs.
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January 15, 2019, 01:02:32 AM

#HODLnest <——— me is going into

Goodnight WO’s
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January 15, 2019, 01:03:39 AM

https://www.reddit.com/r/Bitcoin/comments/ag2cot/a_moment_of_silence_for_gerald_cotten_we_lost_a/
much sworn at bitcoiner dies
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January 15, 2019, 01:04:14 AM
Merited by kenzawak (1)

https://coinalyze.net/coin/bitcoin/
lots of TA toys for true believers in that
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January 15, 2019, 01:15:20 AM

Guys I saw this homeless-looking Ozzie guy begging near the car park so I gave him a pound coin. Anyway, he was reading a copy of Fortune and the headline was
http://fortune.com/2019/01/14/russia-considering-shift-bitcoin-limit-impact-us-sanctions/
Guys Russia is going all in.
God bless Mother Russia and Vladislav Clitco or w/e
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January 15, 2019, 01:18:38 AM
Merited by bones261 (1)

What if we tried not to engage him for, like, say, a week, and see what happens?

It's like the siren's call. Maybe xhomerx10 should have us trade in our hats for earmuffs.
I'm afraid you're right. At times, I've replied to him myself when I first came out of the lurking shadows.
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January 15, 2019, 01:19:14 AM

Guys I saw this homeless-looking Ozzie guy begging near the car park so I gave him a pound coin. Anyway, he was reading a copy of Fortune and the headline was
http://fortune.com/2019/01/14/russia-considering-shift-bitcoin-limit-impact-us-sanctions/
Guys Russia is going all in.
God bless Mother Russia and Vladislav Clitco or w/e
Fortune, too, is downing the bait?  Huh
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January 15, 2019, 01:31:14 AM

Guys I saw this homeless-looking Ozzie guy begging near the car park so I gave him a pound coin. Anyway, he was reading a copy of Fortune and the headline was
http://fortune.com/2019/01/14/russia-considering-shift-bitcoin-limit-impact-us-sanctions/
Guys Russia is going all in.
God bless Mother Russia and Vladislav Clitco or w/e
Fortune, too, is downing the bait?  Huh
smellygraph, zerohedge, fortune, the express all gobbled it up
now the altcoin press is coming out with 'it was fake news' https://www.ccn.com/fake-news-why-russia-is-probably-not-planning-a-10-billion-bitcoin-buy/
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January 15, 2019, 01:34:11 AM

One day St Vladislav will come and save us.
The meme will turn real.
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January 15, 2019, 01:36:45 AM

Scary if true. I've thought about this quite a bit since reading "The Bitcoin Standard".

The countries who are first to adopt Bitcoin as their reserve currency or at least partially back their currencies with BTC are likely to be the most wealthy countries in 10-20 years. It could really shift the balance of power without a shot being fired.

Are you guys 10 years old?  One of the biggest scams in a government's toolshed is seigniorage fee.  They want to issue you a piece of paper that costs them 3 cents to make while having a $1 face value.  They pocket the other 97 cents.  In other words, if/when the Jew banks (that's who your country is run by) do anything with craptocurrency, it's NOT going to be buying bitcoins - because they get no seigniorage fee - it will be them trying to force their own govt coin on you.

This is why the evil Jewish overlords like Bernanke and Larry summers are praising digital shitcoins and shilling against physical metals.  They want to bait and switch you into a digital, govt tracking system coin they 'print' with maximum seigniorage fee to rip you off.  They can also squeek some seigniorage fee out of metals as money, just not as much as fiat paper or completely imaginary, worthless, digital tokens.  But all these non-fungible, tracking system digital tokens will be a dystopia like the Chinese social credit score system, so you need to be a complete dumbass to agree to use them over physical metals.
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January 15, 2019, 01:37:04 AM

-snipped-

 I still think they should make themselves known. We need a lurker amnesty.

Come on out. We won't hurt you.

+1 WOsMerit

I suspected you were not a complete tosser once you stopped feeling so claggy. /s  Kiss

Nice one.

Finally, someone polite enough to invite the guy in the corner.

I've been lurking since Spring 2012. AMA.

+1 WOsMerit



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January 15, 2019, 01:38:20 AM

https://bitcointalk.org/index.php?topic=5095156.msg49233859#msg49233859
congrats to regulars here who are now on DT2 - means they're pretty well-trusted in the wider forum
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Very nice, brothers. Congrats on the acknowledgment.
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January 15, 2019, 01:39:10 AM


fabulous Black Guy
BoB, WO love you!! Stay abide
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January 15, 2019, 02:13:41 AM

A comprehensive tweet storm unpicking Bcash and SV







https://twitter.com/danheld/status/1084848063947071488
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January 15, 2019, 02:30:41 AM

Going cashless doesn't work if there's a power cut.

ATMs don’t work without power. Most people don’t store large amounts of cash in their homes.
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January 15, 2019, 02:33:40 AM

A comprehensive tweet storm unpicking Bcash and SV
Yup.

Peer-to-Peer payments.
Any Newbie understands that.
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January 15, 2019, 02:35:34 AM

^ Just so you can finally shut up repeating the same old argument over and over. Yes, we are going to a cashless society. That is probably already irreversible, it's just a matter of time.
No, I don't think states are supporting Bitcoin for that nor they really need to but if that were the case it would go to the moon first.

Now just fucking stop FFS.

What do you mean we are going to a cashless society?

The only time I have used cash in the past 12 months was when I was defeated by a parking machine in a UK seaside town which would not let me out without a pound coin.  I had to go to an ATM and then to a pub to buy a beer so I could get a coin.  Fucking savages in the UK.

Well that's exactly what I mean. I still profusely use cash because of reasons. Most people don't because of convenience. But we are going onto a path where soon will come the day that we won't be able to use cash (for the most part) even if WE WANTED TO.

Most euro countries you can not even buy a high end TV set using cash. It's forbidden by law. They will keep decreasing the max limits over time.

Why?

Because cash is way harder to control than banking fiat or even Bitcoin.
I only use cash for herbs or while in Japan. Too lazy to pass by an ATM otherwise.

What's the deal with those max limits though? And how recent is that? I bought a high-end TV some 10 years ago with cash and didn't have an issue with that. Granted that was pay cash on delivery, but still.
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January 15, 2019, 02:36:09 AM

" Russia Will Buy $10 Billion in Bitcoin, Ditch US Dollar and Become Huge Crypto Whale: Russian Economist "  Shocked

Source : https://dailyhodl.com/2019/01/08/russia-will-buy-10-billion-in-bitcoin-ditch-us-dollar-and-become-a-huge-crypto-whale-russian-economist/

It seems like this might be fake news according to this article which is in Russian :

https://www.rbc.ru/economics/09/01/2019/5c36271a9a79472653e32608

I don't speak Russian but from what I got with Google Translator, Russians have changed $100 Billions into Yuans, Yens and Euros. There was no plan of changing them into BTC (or is this about another $100 Billions ?)


More about this fake news probability :

https://cryptoslate.com/fake-news-russias-alleged-10-billion-bitcoin-investment/
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