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

[Osamede]

Circle Closes Acquisition of SeedInvest

https://medium.com/circle-blog/circle-closes-acquisition-of-seedinvest-another-step-towards-the-democratization-of-finance-94713c10b95b

Little by little they approach like hyenas, Goldman Sachs+Circle+SeedInvest

These guys are very cunning, on the surface they thrash the cryptospace,creating fud whenever they can,meanwhile in the background they are acquiring valuable crypto assets that will enable them exact control over everyone else.They will strike when no one expects.

[Paashaas]

https://twitter.com/mdudas/status/1102566322175660032

When is BAKKT due to launch, all I’ve seen so far is excuses & delays. Be nice to see them announce a firm date.

Somewhere in 2019.

[Toxic2040]

Good afternoon all.

Bitcoin has fallen under $3.8k and into consolidation mode in fairly active trading over the last 24 hours. Hopefully this trend continues as more traders are finally becoming convinced that we nearing the end of the bottom. I dont know about you but I think we are seeing the last few months of these extraordinarily cheap bitcoin prices. Accumulate and hodl.  #dyor

1h


4h


D

#stronghands'19

[jbreher]

I'm getting really fucking tired of this middling bullshit between $3,500-$4,000.

^{Sheeeeeeeeeeeeeeeeeeeeiiiiii}iitttttt...

C'mon Bob. It ain't so bad. Let's do some visioning. Breathe deeply. Close your eyes. Picture 2016 you. Now imagine 2016 you thinking about $3500 BTC. Let the warmth wash over you.

[jbreher]

You make a good point.  

https://search.savills.com/list/castles-for-sale/uk

They look to all be follies, but amusing ones. 

Oh great. Now I wanna buy a castle. In a foreign land, even.

[jbreher]

Monday

• Wake up - See BTC price is down
• Get pulled over by police on motorway for speeding - Points & a fine coming now

Could today get any worse?

Don't ask. Not wise to tempt fate. Often waves of three.

[Last of the V8s]

Wait till LFC informs his insurance company

[LFC_Bitcoin]

Wait till LFC informs his insurance company

I’ve already got 3 points.

I got caught speeding last year but was able to pay £100 to do a speed awareness course to avoid any further points.
Today I was doing 90mph on the motorway (as you know it is 70mph limit).
 
Any way this will be another 3 points & £100 fine so that’s 6 points now. If you get 12 points you get a driving ban but November 2019 the oldest 3 points drop off my license.

There is a solution to all of this - STOP SPEEDING!

When is bitcoin going to moon though, I might need a 24/7 chauffeur at this rate

[Last of the V8s]

fuck the pokemon police

[jbreher]

I can name 3000 coins that literally came out of my ass that can do the same thing.

No you can't.

There is only one bitcoin, and when push comes to shove (for example if they were under government attack or traditional banking attack), all 3,000 of those supposed coins that you cannot even list would not have liquidity or network (node) effects to accomplish such with impunity like bitcoin can.

What? Muster up the measly 2.8 million US dollars of total aggregate system-wide value that the LN contains? Au contraire, mon frere.

[cAPSLOCK]

I can name 3000 coins that literally came out of my ass that can do the same thing.

No you can't.

There is only one bitcoin, and when push comes to shove (for example if they were under government attack or traditional banking attack), all 3,000 of those supposed coins that you cannot even list would not have liquidity or network (node) effects to accomplish such with impunity like bitcoin can.

What? Muster up the measly 2.8 million US dollars of total aggregate channel value that the LN contains? Au contraire, mon frere.

And then do *what* exactly with your DOGE, BSV, DENTACOIN, etc?  Take it down to your local Iranian Western Union.. wait no... that won't work.  Ah yes... get on localbsvcoins/iran?  Wait ... no that won't work either.

[Last of the V8s]

He doesn't give any fucks https://twitter.com/CryptoHayes/status/1102617809937416192

some good memes in thread eg


or somewhat manic or power trippy

[Biodom]

#bitcoin chart update: 14 months to halving. Note that 2011 bottom was at 12 months, and 2015 bottom at 10 months before halving .. 🚀

https://twitter.com/100trillionUSD/status/1102122695683133440

I want to challenge the main premise here.
BTC bottomed up on Jan 14 2015, NOT in August of 2015.
The preponderance of evidence says it:

1. Daily closing was higher on ALL exchanges on Aug 24 vs Jan 14, 2015.
2. Only one or two exchanges had a deep plunge on Aug 24, 2015. In fact the LOWEST average exchange price on that day is $196.26 in comparison with $157.29 on Jan 14.
https://finance.yahoo.com/quote/BTC-USD/history?period1=1420351200&period2=1443934800&interval=1d&filter=history&frequency=1d

Conclusion: The fact that ONE exchange (was it stamp or finex, I don't remember) was affected intraday is totally irrelevant.
Recorded BTC index price for that day (Aug 24) shows $196.26 intraday low, so this should be sufficient.

Moving on to authors conclusions:

2012 low was 12 mo before halving

2015 low was almost 18 mo before halving on July 10, 2016 (and not 10 mo as per author's assertion).

Counting from Dec 14 2018 local low, next halving would be in about 18 mo after low, which would actually fit the lengthening trend very well (12, 18, 18).

TL;DR The author suggests a shrinking lead time, which is not supported by anything except an intraday low on one exchange.

[JayJuanGee]

I can name 3000 coins that literally came out of my ass that can do the same thing.

No you can't.

There is only one bitcoin, and when push comes to shove (for example if they were under government attack or traditional banking attack), all 3,000 of those supposed coins that you cannot even list would not have liquidity or network (node) effects to accomplish such with impunity like bitcoin can.

What? Muster up the measly 2.8 million US dollars of total aggregate system-wide value that the LN contains? Au contraire, mon frere.

I am referring to bitcoin as a package, and lightning is one optional and supplemental component of such bitcoin package.  Don't get LN mixed up with the real bitcoin, jbreher, as I know you like to convolute your facts/arguments in order to make nonsensical points in order to pump other shit (as if there were some other shit out there, that matters, besides bitcoin).  In other words, you might want to join sirsplashalot in the fucking off portion that I mentioned in my earlier post (the part that you conveniently edited out).... 

[infofront]

...... 
Furthermore, my "hope" was that the bottom would be in, even though I accept that there remains a slightly greater than a 50% chance that the bottom is not in... In other words, I don't want to presume that the current range goes down to $2.5k which would also presume that the bottom is not "in" even though I accept that there are greater than 50% chances that we could have a lower bottom - especially since such lower bottom has not happened yet.. which means that there are decent chances (maybe 45% to 48%) that no further bottom is going to happen in this correction cycle.

Whoa! A plethora of bottoms in that wordy pile and not even one nice bottom meme?

Hold my beer, I got this, man.

WTF is this? Is that part of a human?

[HairyMaclairy]

Fox News had proof of Stormy Daniels before the election but the story was stopped because “Murdoch wants Trump to win”.  

Good reporting, kiddo. But Rupert [Murdoch] wants Donald Trump to win. So just let it go," LaCorte reportedly said.

https://thehill.com/homenews/media/432430-fox-killed-stormy-daniels-hush-money-report-before-election-new-yorker

The reporter who uncovered the story was demoted and then paid out by Fox News in a confidential settlement in return for staying silent about Trump. 

[LFC_Bitcoin]

...... 
Furthermore, my "hope" was that the bottom would be in, even though I accept that there remains a slightly greater than a 50% chance that the bottom is not in... In other words, I don't want to presume that the current range goes down to $2.5k which would also presume that the bottom is not "in" even though I accept that there are greater than 50% chances that we could have a lower bottom - especially since such lower bottom has not happened yet.. which means that there are decent chances (maybe 45% to 48%) that no further bottom is going to happen in this correction cycle.

Whoa! A plethora of bottoms in that wordy pile and not even one nice bottom meme?

Hold my beer, I got this, man.

WTF is this? Is that part of a human?

I think it’s r0ach’s date for the weekend.

[JSRAW]

I think it’s r0ach’s date for the weekend.

r0ach is a famous person troll here in this thread?

I enjoy reading everyone here.

[LFC_Bitcoin]

I think it’s r0ach’s date for the weekend.

r0ach is a famous person troll here in this thread?

I enjoy reading everyone here.

Correct

[JSRAW]

Second Brexit

They count the state of Washington as a "colony"? It has the word "Washington" in it.

Also I'm not sure I would count Antarctica unless we are talking about penguin colonies.

Yup, but any Brit can jump in for final confirmation.

I do remember the incident when British Embassy gave them "burning cake" or something on the 4th of July( i could be wrong here). it's possible i guess. British humor  

And I don't know anything about penguin colonies.

Correct

BCH fan?