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June 19, 2019, 02:09:57 PM *
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Question: Closing BTC Price June 17:
$0 - 4 (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 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21229030 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. (66 posts by 16 users deleted.)
Toxic2040
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January 31, 2019, 10:45:10 PM

-snipped-
[qoute]For the past weeks, we have worked extensively to address our liquidity issues, which include attempting to locate and secure our very significant cryptocurrency reserves held in cold wallets, and that are required to satisfy customer cryptocurrency balances on deposit, as well as sourcing a financial institution to accept the bank drafts that are to be transferred to us. Unfortunately, these efforts have not been successful. Further updates will be issued after the hearing.

Oh my..this doesnt sound good. How the hell do you lose the cold wallets?

https://en.wikipedia.org/wiki/Idiot_defense

Quote
The term was popularized as a result of a number of high-profile corporate accounting scandal defendants claiming that all wrongdoing was performed by others, without the defendant's knowledge or consent. Attorneys for these defendants claimed that their skill was in valuation and deal-making, and that they lacked the training to recognize fraudulent accounting practices they claimed that they would have needed. However, in many cases the defendants' subordinates testified that the defendants ordered them to falsify the accounts.

 Roll Eyes
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Last of the V8s
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January 31, 2019, 10:51:01 PM
Last edit: January 31, 2019, 11:12:07 PM by Last of the V8s

You're probably right, but remember one of the founders is dead(ish)*, so the surviving knuckleheads just may be actually having problems locating the wallets.
The unhelpful banks part we know is pretty much true.


*cannot find where I posted news of his death to the thread; anyway people are sceptical of this part of the news. r.i.p.
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January 31, 2019, 11:11:40 PM

-snipped-
[qoute]For the past weeks, we have worked extensively to address our liquidity issues, which include attempting to locate and secure our very significant cryptocurrency reserves held in cold wallets, and that are required to satisfy customer cryptocurrency balances on deposit, as well as sourcing a financial institution to accept the bank drafts that are to be transferred to us. Unfortunately, these efforts have not been successful. Further updates will be issued after the hearing.

Oh my..this doesnt sound good. How the hell do you lose the cold wallets?

https://en.wikipedia.org/wiki/Idiot_defense

Quote
The term was popularized as a result of a number of high-profile corporate accounting scandal defendants claiming that all wrongdoing was performed by others, without the defendant's knowledge or consent. Attorneys for these defendants claimed that their skill was in valuation and deal-making, and that they lacked the training to recognize fraudulent accounting practices they claimed that they would have needed. However, in many cases the defendants' subordinates testified that the defendants ordered them to falsify the accounts.

 Roll Eyes

Not the first exchange to have this "happen".
Last of the V8s
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January 31, 2019, 11:21:00 PM

Last of the V8s
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February 01, 2019, 12:01:28 AM

Ok new month now let's get a grip please people. We can do it in one big candle.
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February 01, 2019, 12:15:24 AM

Ok new month now let's get a grip please people. We can do it in one big candle.
One large green candle on the charts could change everything or be the start of another Simpsons episode.
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It's over 9000!


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February 01, 2019, 12:38:06 AM



 That is one massive duck and one seriously displaced toucan.
Dunkelheit667
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no degradation


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February 01, 2019, 12:50:24 AM

The monthly update:



Buy
 ⊂_ヽ
   \\  Now
    \( ͡° ͜ʖ ͡°)
     > ⌒ヽ
    /   へ\
    /  / \\Or
    レ ノ   ヽ_つ
   / /
   / /|
  ( (ヽ
  | |、\Cry
  | 丿 \ ⌒)
  | |  ) /
 ノ )  Lノ
 (_/Later

Done, my monthly accumulation buy limit order just triggered. This winter starts to feel long already. All BTC are still well protected in their wallets, all good. Back to hibernation mode.

Gentlemen, have a good one! Smiley
slowlyslowly
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February 01, 2019, 12:55:35 AM
Merited by xhomerx10 (1)



 That is one massive duck and one seriously displaced toucan.

there is a pigeon too  - its sort of a "where's wally" test. same as the TA charts people post - you need to look for where the tend line they draw will eventually cut some axis . tricky on some log charts. but makes the poster more able to claim "i told you so " status..........
JimboToronto
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February 01, 2019, 01:24:22 AM

Hey Jimbo - good to see you're away from the cold snap, but when are you due back?  

Be good to know so I can get some more fiat back into an exchange on time Wink

My return flight is booked for March 26 (2 days before the Jays' home opener) but I told people  I might fly up for a few days in mid-February if I need more cash or if it's profitable enough for me.

I don't have a bank account and there's  really no place down here for me to turn bitcoins into dollars. I came down with a credit balance on my credit cards as well as cash but I've already overspent a little and now I actually owe money on one of my cards. Needless to say, I hate owing money and especially hate paying interest.

I might fly up if I can collect a debt, earn a profit, or simply sell enough Bitcoin to pay up my cards and bring down enough cash to be  comfortable for the rest of the winter. Ideally I can get someone who owes me money to put a few thousand on my cards so I can stay down here and enjoy sunshine and Mexican baseball. It's less than a buck a beer at the ballpark and that includes a donation to the local team.
_____

Sorry but I have no control over the price of Bitcoin. The continuing coincidence is however enough to make you superstitious.  Tongue
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February 01, 2019, 01:24:35 AM

So speaking of doomsday, if the infrastructure goes, electricity and water and food, what's a chap to do? Without water you die in 3 days,

I think a lot of otherwise prepared folk neglect this most basic fact. In the US, most get their water from some sort of municipal utility. This may be the greatest lever of control available to a totalitarian regime gone mad.

OTOH, pretty much every major metro has a place that resells used 1000 liter IBC totes for $100 or so. That's enough water to keep one person in drinking, cooking, and very limited cleaning for 6-8 months. Beats needing to line up for the (((FEMA camps))) after two days in order to continue to live.

(Or maybe, you know, just riding out the event where some turrist cell has poisoned your local reservoir)

#justsayin

10,000 gallon rain tank.  You can bury them. 
You better live somewhere where it rains enough to fill it. I wonder what chemicals you would need to keep that ready to drink.

Nothing more than the chlorine that is already in municipal water. Just get your household supply diverted through it. Backflow prevention device would be in order in this scenario.
So if the catastrophic event happened to have contaminated the water for so many days without knowledge this is fucked?

Yes. Better plan - (2) 5000 gal tanks, alternate household supply through one, then the other, rotating on a weekly basis.

That wasn't too hard, was it?

Incidentally, as an experiment, I've been leaving one tote alone for years. Filled with nothing but municipal water, no additives of my own. Sample taken annually to the local ag uni extension for testing. Still fine to drink. Of course, our town is extra-chlorinated. You could just add a dropperfull of bleach each year if you were worried about microbial infestation.
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February 01, 2019, 01:39:20 AM

Up in the session
Made my day

via Imgflip Meme Generator

^
But did post did as well Made my day Grin
Yeah the dildo hat as well
Grin
micgoossens
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February 01, 2019, 01:40:47 AM
Merited by d_eddie (1)

Buy
 ⊂_ヽ
   \\  Now
    \( ͡° ͜ʖ ͡°)
     > ⌒ヽ
    /   へ\
    /  / \\Or
    レ ノ   ヽ_つ
   / /
   / /|
  ( (ヽ
  | |、\Cry
  | 丿 \ ⌒)
  | |  ) /
 ノ )  Lノ
 (_/Later




Actualy it reminded me @JJG Cheesy
micgoossens
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February 01, 2019, 01:50:34 AM



 That is one massive duck and one seriously displaced toucan.


The pigeon isn’t that little as well Cheesy
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February 01, 2019, 01:50:40 AM

Up in the session
Made my day

via Imgflip Meme Generator

^
But did post did as well Made my day Grin
Yeah the dildo hat as well
Grin

-40 what? Fahrenheit? Maybe he means +40 Fahrenheit? That is like 4.4 celsius... JFC! I would be freezing below 21 celsius inside home!

And what kind of fool includes the electricity bill in the rent?

Nice hack btw.... horrible efficiency but still.... a man gotta do what a man gotta do.
micgoossens
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February 01, 2019, 01:55:05 AM

Up in the session
Made my day

via Imgflip Meme Generator

^
But did post did as well Made my day Grin
Yeah the dildo hat as well
Grin

-40 what? Fahrenheit? Maybe he means +40 Fahrenheit? That is like 4.4 celsius... JFC! I would be freezing below 21 celsius inside home!

And what kind of fool includes the electricity bill in the rent?

Nice hack btw.... horrible efficiency but still.... a man gotta do what a man gotta do.
Its about the COMMENT Grin
xhomerx10
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February 01, 2019, 01:57:22 AM

Hey Jimbo - good to see you're away from the cold snap, but when are you due back?  

Be good to know so I can get some more fiat back into an exchange on time Wink

My return flight is booked for March 26 (2 days before the Jays' home opener) but I told people  I might fly up for a few days in mid-February if I need more cash or if it's profitable enough for me.

I don't have a bank account and there's  really no place down here for me to turn bitcoins into dollars. I came down with a credit balance on my credit cards as well as cash but I've already overspent a little and now I actually owe money on one of my cards. Needless to say, I hate owing money and especially hate paying interest.

I might fly up if I can collect a debt, earn a profit, or simply sell enough Bitcoin to pay up my cards and bring down enough cash to be  comfortable for the rest of the winter. Ideally I can get someone who owes me money to put a few thousand on my cards so I can stay down here and enjoy sunshine and Mexican baseball. It's less than a buck a beer at the ballpark and that includes a donation to the local team.
_____

Sorry but I have no control over the price of Bitcoin. The continuing coincidence is however enough to make you superstitious.  Tongue

 Have you heard of bylls.com?
You could make a payment to your credit card through them.
bitserve
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February 01, 2019, 02:03:09 AM

Up in the session
Made my day

via Imgflip Meme Generator

^
But did post did as well Made my day Grin
Yeah the dildo hat as well
Grin

-40 what? Fahrenheit? Maybe he means +40 Fahrenheit? That is like 4.4 celsius... JFC! I would be freezing below 21 celsius inside home!

And what kind of fool includes the electricity bill in the rent?

Nice hack btw.... horrible efficiency but still.... a man gotta do what a man gotta do.
Its about the COMMENT Grin

Yeah I know, but I got horrified about the temperature Tongue
realr0ach
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February 01, 2019, 02:16:02 AM

Did anyone read the moronic statement from Trump & Kudlow and whoever else he has in his economic team on Zerohedge today?  He says he "wants to create economic growth with no inflation" LOL.  There's bazillions of bad debt floating around that has to be serviced, so it's either everyone defaults on everything for cascading deflationary collapse, or you inflate to the moon.  The tail end of a debt bubble (Ponzi) requires a hockey stick graph of inflation to not implode.  Trying to claim you can generate economic "growth" with no inflation in this is asinine.
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February 01, 2019, 02:26:35 AM

^ There is one way: Economic efficiency. I mean, doing all the same with a lower cost thanks to better management and cost control, plus getting rid of any or most useless spending.

... But I don't know any country that has been successful at doing that (in fact none have even TRIED). It's just another utopian dream.
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