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

[kenzawak]

Well it seems like XRP could now be delisted by Coinbase because it breaks one of their rules : the ownership stake by the team should be in minority, which is not the case with Ripple as the team controls 60% of the supply :

https://www.investinblockchain.com/ripple-seems-to-violate-coinbase-listing-rule/

Will they make an exception ?

[Last of the V8s]

PSA: not every last thing has to be shoddy, stupid or dishonest.
Thank you.

[Toxic2040]

Our glorious overlords apparently have not filled their bags enough yet so feel the need to push the price back downwards. I believe this trend will continue for a month or so until right before Consensus. Where miraculously bitcoin and shitcoin alike will again start to gravitate upwards towards new yearly highs.

All dramatics aside(or maybe this should read to fully embrace the drama), I think the basic problem is still the battle of forks between btc and bch and btcsv. Every time one trys to pump their coins there is an almost immediate dump to drive prices back down and vice versa.

Its really getting quite old dont you think? It is really quite striking to watch this technological wonder grow yet not have a shred of confidence in its price due to the actions of a few. Same as it ever was. #dyor

Nah.  We are supposed to track sideways until October 2019.  No manipulation required.

With all due respect, why are we supposed to repeat prior flat mo for mo?
Every bull and bear in btc so far was different, albeit they "rhymed" in decline %.
For example 2013 double pop (from $12 to $250, then sharp decline into $45, then $1160 peak) was not repeated in 2018-2019.
It is reasonable to suggest that flat may last longer, but i see no "need" for it to last until October.

I am just trying to find some rational explanation for that 11.34% haircut we took and no matter how appealing it is to look at previous chart history it is a fact that the current market has completely different dynamics today then in 2015. That being said, we have and will continue to see echoes of past cycles in the charts but I think it would be foolish to expect direct correlation in more than a cursory fashion.

--------------
bitcoin

Good morning all.

The algos are getting so smart its hard to tell in the short term anymore which way the market might turn. Yesterday I was fairly certain that we were heading downward but that seems to have past for the most part. I still think there will be a small dip to pull up some liquidity but a neutral buoyancy with a slight upwards slant continues to dominate the longer time frames. This leads me to suspect we will continue sideways movement between $3.8k and $4k for awhile longer.  #dyor
1h


4h

#stronghands'19

[JayJuanGee]

If we could stay sideways until at least March 31 that would be fine with me...  

and if we could instant moonlaunch today how would that feel for you?

Good point.. micpeep.

I would be o.k. with either one.  I would also be o.k. with down, but I am not going to publicly express wishes for either down nor sideways... because UP is preferable.   

Besides, my personally being ready for any direction, but especially ready for UP, another great thing about UP would be to lock out some of the bitcoin naysayers, bears, sideliners, nocoiners and others who are willing to take a decent UP stake in bitcoin..  Specifically lock them out from getting sub-$5k coins ever again would be WONDERFUL...  even though such a wish remains a bit of a fantasy, because currently odds for down or sideways is greater than odds for UP.   ... and in any case I am not wishing for either down or sideways because odds are in their favor. ... what I wish for is the underdog.. that is ^^^^^^^^^^^^^UP.^^^^^^^^^^

[kenzawak]

What Is Fidelity Digital Assets Services (FDAS) and How Does It Work?

https://www.bitcoinmarketjournal.com/fidelity-crypto/?utm_source=SocialPromotion&utm_medium=twitter

"Fidelity Digital Assets was launched to “create a full-Fidelity digital assets.service enterprise-grade platform for storing, trading, and servicing eligible digital assets.
...
Fidelity Digital Assets believe that we will soon live in a world where all types of assets will be tokenized and recorded on a blockchain.
...
Hence, FDAS plans to launch a bitcoin custody service first before building its digital asset trade execution offering.
Once the platform is fully rolled out, FDAS will provide digital asset custodianship, trade execution, and client services to make investing in bitcoin and altcoin as easy and convenient as possible for professional investors.
...
Why is the launch of Fidelity Digital Assets a big deal? Because the more institutional investor on-ramp options exist, the more Wall Street investors will start to pour money into digital assets such as bitcoin."

[jojo69]

PSA: not every last thing has to be shoddy, stupid or dishonest.
Thank you.

Hmmmmm

History seems to disagree.

[JayJuanGee]

https://twitter.com/udiwertheimer/status/1100695288128385024?s=21

Hell, that is one hell of a stupid move. Why would they send private keys unencrypted anywhere?

there are already some people complaining about lost funds. I don't question that this google spell check is a stupid move, but I don't understand how this should leak the private key? the google spell check is (hopefully) a https requests, which is encrypted. and google will not leak the keys for sure. so what did leak the keys?

I don't understand the technicals either, but just looking at the description of what is happening "leaking of seed phrase" is the same as leaking private keys because a new wallet can be generated from the seed phrase if you are able to receive all of the seed words.

[Toxic2040]

PSA: not every last thing has to be shoddy, stupid or dishonest.
Thank you.

Hmmmmm

history seems to disagree.

Well..your right of course..not everything...but damn.

"How do we bill the rat rescue Frank?" "Dont worry about it Sam, the tax payers are used to getting screwed over" Names changed to protect the guilty





https://nypost.com/2019/02/26/firefighters-rescue-fat-rat-found-stuck-in-sewer-grate/

[Last of the V8s]

further rat news https://www.nytimes.com/interactive/2019/02/27/us/politics/michael-cohen-testimony.html


https://www.reddit.com/r/The_Donald/comments/avdzbo/the_real_reason_brie_larson_doesnt_want_white_men/

[cAPSLOCK]

Anyone knows if there is already any service of "proxy" online LN wallet?

I mean, something that would work like this:

- I send, for example, 0.1BTC to their wallet (my deposit address) same as I do with an exchange.

- Now I have a 0.1BTC balance with them (not your keys, not your BTC... I know)

- Then, the service would let me send LN payments which they would route via their LN node and already established channels on my behalf and substract the amount (plus a fee, presumably) from my balance.

- A plus would also be the possibility of creating LN invoices and receiving payments in the same way above and an easy to use mobile phone APP.

Anyone?

Custodial Wallets are a thing now, yes.  And somewhat controversial among the purists.  I think they are inevitable at least until Neutrino

[Last of the V8s]

Custodial Wallets are a thing now, yes.  And somewhat controversial among the purists.  I think they are inevitable at least until Neutrino

Neutrino the journalist-murdering company recently acquired by Conbase?

oh. no the light protocol https://bitcoinmagazine.com/articles/neutrino-privacy-preserving-light-wallet-protocol/ ?

[jojo69]

I am...

so confused right now

[Last of the V8s]

I am...

so confused right now

inorite?

it's hard isn't it?

[kenzawak]

What crypto bear market? Investment funds have poured $1.6 billion into the industry since 2018

https://www.marketwatch.com/story/what-crypto-bear-market-investment-funds-have-poured-16-billion-into-the-industry-since-2018-2019-02-27

According to Diar Research, a data analytics firm, venture capital and blockchain-related funds have invested $1.6 billion into the crypto-related industry since the beginning of 2018 — the inception of the current bear market.

“2018 may have been a bloodbath for cryptocurrencies, but not so for blockchain-led operations having secured over $1.6 billion for projects that have garnered attention by their very backers,” wrote Diar in a research note to clients.

“The industry as a whole had secured over $3.9 billion up till October 2018, moving the tally upwards of $5 billion accounting for capital raised.”

[BitcoinGirl.Club]

After a full reset of my system and I am back.

[El duderino_]

If we could stay sideways until at least March 31 that would be fine with me...  

and if we could instant moonlaunch today how would that feel for you?

Good point.. micpeep.

I would be o.k. with either one.  I would also be o.k. with down, but I am not going to publicly express wishes for either down nor sideways... because UP is preferable.   

Besides, my personally being ready for any direction, but especially ready for UP, another great thing about UP would be to lock out some of the bitcoin naysayers, bears, sideliners, nocoiners and others who are willing to take a decent UP stake in bitcoin..  Specifically lock them out from getting sub-$5k coins ever again would be WONDERFUL...  even though such a wish remains a bit of a fantasy, because currently odds for down or sideways is greater than odds for UP.   ... and in any case I am not wishing for either down or sideways because odds are in their favor. ... what I wish for is the underdog.. that is ^^^^^^^^^^^^^UP.^^^^^^^^^^

WoW, almost hearing myself talking there... complaining to not let the NO-coiners, XRP enthusiasts, its to expense, wanna get rich quick etc BUY some cheap BTC....
but its exactly how i think about it ....

[El duderino_]

https://twitter.com/RedditBTC/status/1100822273404084232

[El duderino_]

^in a FORESEEABLE future !!!!!!, can't wait

[BitcoinGirl.Club]

https://twitter.com/RedditBTC/status/1100822273404084232

Look how easy to print it. You need paper and printer  😂
It's backed by nothing!

[mindrust]

If it goes UPPPP, I win because I already hodl Bitcoinzzz and my recent buys will make profits too.

If it goes down, I buy more and I win again becuz I can buy moar cheap bit-coinzz...

If it goes sideways, I WIN again and again. Becuz it is already down -%80.63 and we know it will be up in a year or two.

I am an investment genius.