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

[VB1001]

Cryptocurrency Behaviour Study Confirms MetCalfe’s Law Applies to Bitcoin in the Long Term

"We prove, in the medium to long-run, the validity of the Metcalfe’s law (the value of a network is proportional to the square of the number of connected users of the system) for the evaluation of cryptocurrencies; however, in the short-run, the validity of the Metcalfe’s law for Bitcoin is questionable."

https://bitcoinexchangeguide.com/cryptocurrency-behaviour-study-confirms-metcalfes-law-applies-to-bitcoin-in-the-long-term/

http://www.economics-ejournal.org/economics/discussionpapers/2019-16/file

[600watt]

The world gold council says this huh? No chance they could be bias now is there?

The more impressive part is they are worried enough to put out this press release

that is what i thought when the ECB published a detailed memo about crypto in 2013. they must be shitting their pants. imho, the fact that there is no headquarter nor CEO of bitcoin (other than the WO thread of course, but they don´t have a clue) is what scares them most.

[Icygreen]

So here we are, hovering just below $4000 without the slightest sign of FOMO. Everybody just watching without not fucking idea if it is gonna go up or down next, or what it is going to do after that.

So many possible scenarios... What will it be? Bleh, just let it be.

HODL.

Bitcoin is the equivalent of dating a stripper...first she teases and seduces you...and you wonder...is it all just an act? or does she mean it this time

or poof! is it all a dream? The drama is the same for the BTC mood swing equivalent it seems.


edit:


The price on my Bitcoin ticker as I type this went from to $4,000 USD just now...er crap...just went to $4,028 and now back to $3,981...wtf?

What was that a $4k 3 second breach? bummer...ack! $3,974 someone is dumping it seems.

I think Bitcoin is more like the perfect woman who has done nothing but make you more wealthy but instead of appreciating her you spend years posting mostly fear posts, complaints, bummer posts, etc, and eventually she leaves you(causes you to panic dump her) to make a man with stronger hands wealthy.  

Why not make negative posts about fiat every week and how it has done nothing for you your whole life but lose purchasing power?

Gratitude determines your latitude.  

I don't need a woman cause bitcoin goes down on me and fucks me regularly.

[VB1001]

Will This Vulnerability Finally Compel Bitmain to Open Source Its Firmware?

A few weeks ago, Bitcoin Core contributor James Hilliard discovered an exploit in Bitmain’s S15 firmware.

Hilliard is offering to disclose the vulnerability to Bitmain but under one condition: Bitmain would have to comply to the GNU General Public License (GNU GPL), the popular open source license that the Chinese mining giant is currently breaching, and open source its firmware.

https://bitcoinmagazine.com/articles/will-vulnerability-finally-compel-bitmain-open-source-its-firmware/

[El duderino_]

Some whale just woke up?

I don’t know, but this Tiny sparkling fish just woke up

Good morning WO’s

[Olegya199]

https://twitter.com/jack/status/1092892320842706944
As well as Twitter users can now make micropayments in bitcoins.

[El duderino_]

Everyone’s excited about the #Bitcoin symbol being on the Google keyboard, but the #shitcoin symbol has been on *all* keyboards for years already. 💩

https://twitter.com/excellion/status/1098482492170850304?s=21
^ haha indeed

[Paashaas]

Some whale just woke up?

I don’t know, but this Tiny sparkling fish just woke up

Good morning WO’s

Goeiemorgen Mic, hoeveel burgers ga je vandaag flippen?

[bitserve]

Some whale just woke up?

I don’t know, but this Tiny sparkling fish just woke up

Good morning WO’s

Good morning Mic! Scared fish plancton here. Some day I will also be sparkling again... I hope.

[Olegya199]

Some whale just woke up?

I don’t know, but this Tiny sparkling fish just woke up

Good morning WO’s

Good morning Mic and WO’s.

https://www.reddit.com/r/Bitcoin/comments/asl78i/elon_musk_bitcoin_is_far_better_paper_money_is/?utm_source=ifttt

[VB1001]

Irish Auctioneer to Sell off 315 BTC Seized by Belgian Police

https://news.bitcoin.com/irish-auctioneer-to-sell-off-315-btc-seized-by-belgian-police/

[vroom]

did some bears just got recked?



edit: this is a bitfinex chart, on bitstamp it does not look that violent

[kurious]

Will This Vulnerability Finally Compel Bitmain to Open Source Its Firmware?

A few weeks ago, Bitcoin Core contributor James Hilliard discovered an exploit in Bitmain’s S15 firmware.

Hilliard is offering to disclose the vulnerability to Bitmain but under one condition: Bitmain would have to comply to the GNU General Public License (GNU GPL), the popular open source license that the Chinese mining giant is currently breaching, and open source its firmware.

https://bitcoinmagazine.com/articles/will-vulnerability-finally-compel-bitmain-open-source-its-firmware/

Can't see 'em agreeing to that, somehow... but it's worth a try.

[El duderino_]

Some whale just woke up?

I don’t know, but this Tiny sparkling fish just woke up

Good morning WO’s

Goeiemorgen Mic, hoeveel burgers wa ga je vandaag flippen?

Vrije dag vandaag, al een geluk.
Zal tegen de late middag een beetje poker worden

[bitserve]

did some bears just got recked?



edit: this is a bitfinex chart, on bitstamp it does not look that violent

Looks to me like scalpers doing its job below a major resistance. Rinse and repeat.

[Syke]

Can't see 'em agreeing to that, somehow... but it's worth a try.

From the article, "it’s unlikely the machines can be remotely exploited at all". Yeah, they're not going to comply.

[vroom]

did some bears just got recked?



edit: this is a bitfinex chart, on bitstamp it does not look that violent

Looks to me like scalpers doing its job below a major resistance. Rinse and repeat.

oh thanks, that's called scalping. Here I learn something new every day

[bitserve]

did some bears just got recked?



edit: this is a bitfinex chart, on bitstamp it does not look that violent

Looks to me like scalpers doing its job below a major resistance. Rinse and repeat.

oh thanks, that's called scalping. Here I learn something new every day

It can also perfectly be rekts.... I am just guessing because it looks like a good price range to do it.

[Cryptotourist]

Morning WO's.

Hovering around $3900 waiting for the next step upwards.
Maybe tomorrow.

Stairway to heaven.

[Saint-loup]

Everyone’s excited about the #Bitcoin symbol being on the Google keyboard, but the #shitcoin symbol has been on *all* keyboards for years already. 💩

https://twitter.com/excellion/status/1098482492170850304?s=21
^ haha indeed

LOL  😄👍

Bitcoin too indeed:🚀