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

[P_Shep]

Crazy how much more Bullish things are than 2015. Just to name a few...

Bakkt coming soon

ETFs just a matter of when, not if

Samsung putting wallets in their flagship phone

Fidelity

Roach an Gembitz apologise and turn Bullish

Elon Musk comes out of his Crypto Closet and declares moon.

White House Chief of Staff for potentially the next 2-6 years is a Bitcoin lover.

We have Crypto Mom at SEC, plus another new commissioner is pro Bitcoin, and Stein, the Bitcoin hater just finished her term

Ive been converting nocoiners to Bitcoiners for 5 years out in the real world and its never been easier for me personally to convert them than now, they are dying to understand it.

We dont have to worry about chinese miners blocking segwit and big blockers have disgraced themselves over and over and over and over and over and over and over and over and over

Lighting is here and ninjas are buying pizza with it and sheeeeiiit.

Did I say lighting is here and its awesome.

Jack Dorsey is hard core Bitcoin maximalist.

Less people than ever believe the MSM Bitcoin haters, more percent of people than ever get there Bitcoin info from places like Twitter, Reddit, and the CEO of Bitcoin Known as WO.

Bitmain is going out of business as punishment for their sins against Bitcoin.

Google added our symbol to its keyboard.

The US gov doesnt have tons of coins to dump on our head everytime we pump.

and much much more.  

Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.

Or mine. I'd be ok with that.

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[bitserve]

Crazy how much more Bullish things are than 2015. Just to name a few...

That's what scares me. To think that maybe that bullish sentiment is what is holding the price.

Fundamentals are too good. I fully agree with that.

[Cryptotourist]

Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.

I get your point, but that would be a terrible waste of valuable BTC.
Enough is lost already.

[bitserve]

Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.

I get your point, but that would be a terrible waste of valuable BTC.
Enough is lost already.

Most of Gox creditors will probably hodl. I sure will. Maybe I will even buy more with the FIAT part.

[Lambie Slayer]

https://www.crypto-news.in/news/anybody-can-become-satoshi-developer-group-creates-faketoshi-tool/  

"Recently Wright wrote to Commodity Futures Trading Commission (CFTC) telling them that he was Satoshi Nakamoto. At the time he had said, “My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet.”



"Now a developer group called Albacore has recently launched a faketoshi signature tool which will allow all and sundry to tie a message to the genesis block and claim to be Satoshi Nakamoto. On the official website, a message reads, “Clicking the button below will generate a signature and message hash that will successfully validate against the address that mined the genesis block, which is known to have been mined by Satoshi. Just don’t ask for the plaintext message that generated the hash…(spoiler, we don’t know it either).”"

[kenzawak]

Funny guy that Elon...

https://twitter.com/elonmusk/status/1098533927336083456

[Olegya199]

Funny guy that Elon...

https://twitter.com/elonmusk/status/1098533927336083456

To be continued

[Lambie Slayer]

Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.

I get your point, but that would be a terrible waste of valuable BTC.
Enough is lost already.

Most of Gox creditors will probably hodl. I sure will. Maybe I will even buy more with the FIAT part.

Agreed, Mt Gox creditors have been in the game longer than most and understand these are dirt cheap prices. If they were to receive fiat and BTC around this price range I believe most would be converting fiat to BTC and hodling the BTC they receive. Its not like these coins are being sent to buttcoiners or central bankers, Gox creditors are mostly true believers.

However if prices are above 20k when funds are returned, then sure, Id guess many would be dumping some coins.

[micgoossens]

I see you dumb goyim are trying to reboot the pump and dump/world's most annoying multi-level marketing scheme.

Ssssjjjj crawl back into you’re cave

It was quiet and good lately

[vapourminer]

Can't WO 24 hours a day, I have tried.

yeah, me too.
Don't sweat it tho, bro.
There are other things in life....

thats pretty easy actually. obviously you chose the wrong drug.

^. Insta-merit that was.

i think thats the fastest merit for a post i ever received lol. thanks

[wachtwoord]

Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.

I get your point, but that would be a terrible waste of valuable BTC.
Enough is lost already.

Most of Gox creditors will probably hodl. I sure will. Maybe I will even buy more with the FIAT part.

Agreed, Mt Gox creditors have been in the game longer than most and understand these are dirt cheap prices. If they were to receive fiat and BTC around this price range I believe most would be converting fiat to BTC and hodling the BTC they receive. Its not like these coins are being sent to buttcoiners or central bankers, Gox creditors are mostly true believers.

However if prices are above 20k when funds are returned, then sure, Id guess many would be dumping some coins.

You guys are thinking way too rational here I'm afraid. A great many mt. Gox holders were "done" with bitcoin after mt gox and still are. Also note price is still up 10x since then so this money, they thought they lost, feels like a windfall to them (and not savings).

Add to that the percentage of mt gox creditors who are in financial duress, by w/e reason, and I believe there will be huge selling pressure from the mt gox coins being distributed. But hey luckily by the time there will also likely be significant upwards pressure so maybe it will only cause longer consolidation or slower growth.

[Cryptotourist]

Come on r0achie, WhereTF have you been?
(can hear Lambie typing already)

How does it feel to be a coiner?

[bitserve]

Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.

I get your point, but that would be a terrible waste of valuable BTC.
Enough is lost already.

Most of Gox creditors will probably hodl. I sure will. Maybe I will even buy more with the FIAT part.

Agreed, Mt Gox creditors have been in the game longer than most and understand these are dirt cheap prices. If they were to receive fiat and BTC around this price range I believe most would be converting fiat to BTC and hodling the BTC they receive. Its not like these coins are being sent to buttcoiners or central bankers, Gox creditors are mostly true believers.

However if prices are above 20k when funds are returned, then sure, Id guess many would be dumping some coins.

To be honest, if prices were above $20K I would probably sell some of my own stash knowing I would later replace it with the Gox compensation. So no, even in that case I don't think the impact would be after the distribution. It probably is already more than discounted.

[realr0ach]

It was quiet and good lately

Where my Nazis at

[Lambie Slayer]

Crazy how much more Bullish things are than 2015. Just to name a few...

Bakkt coming soon

ETFs just a matter of when, not if

Samsung putting wallets in their flagship phone

Fidelity

Roach an Gembitz apologise and turn Bullish

Elon Musk comes out of his Crypto Closet and declares moon.

White House Chief of Staff for potentially the next 2-6 years is a Bitcoin lover.

We have Crypto Mom at SEC, plus another new commissioner is pro Bitcoin, and Stein, the Bitcoin hater just finished her term

Ive been converting nocoiners to Bitcoiners for 5 years out in the real world and its never been easier for me personally to convert them than now, they are dying to understand it.

We dont have to worry about chinese miners blocking segwit and big blockers have disgraced themselves over and over and over and over and over and over and over and over and over

Lighting is here and ninjas are buying pizza with it and sheeeeiiit.

Did I say lighting is here and its awesome.

Jack Dorsey is hard core Bitcoin maximalist.

Less people than ever believe the MSM Bitcoin haters, more percent of people than ever get there Bitcoin info from places like Twitter, Reddit, and the CEO of Bitcoin Known as WO.

Bitmain is going out of business as punishment for their sins against Bitcoin.

Google added our symbol to its keyboard.

The US gov doesnt have tons of coins to dump on our head everytime we pump.

and much much more.  

Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.

No, we dont need that, we have been rallying for 68 days in our new Baby Bull Market.

The young bull grows stronger each day as Bears cry "sucker rally" in full disbelief mode.

Soon the young bull will grow strong fed by mothers milk of the halving and it will look like this

https://www.youtube.com/watch?v=4cduCnWfgZY

[bitserve]

Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.

I get your point, but that would be a terrible waste of valuable BTC.
Enough is lost already.

Most of Gox creditors will probably hodl. I sure will. Maybe I will even buy more with the FIAT part.

Agreed, Mt Gox creditors have been in the game longer than most and understand these are dirt cheap prices. If they were to receive fiat and BTC around this price range I believe most would be converting fiat to BTC and hodling the BTC they receive. Its not like these coins are being sent to buttcoiners or central bankers, Gox creditors are mostly true believers.

However if prices are above 20k when funds are returned, then sure, Id guess many would be dumping some coins.

You guys are thinking way too rational here I'm afraid. A great many mt. Gox holders were "done" with bitcoin after mt gox and still are. Also note price is still up 10x since then so this money, they thought they lost, feels like a windfall to them (and not savings).

Add to that the percentage of mt gox creditors who are in financial duress, by w/e reason, and I believe there will be huge selling pressure from the mt gox coins being distributed. But hey luckily by the time there will also likely be significant upwards pressure so maybe it will only cause longer consolidation or slower growth.

Take a look at the creditors list. We are talking about only around 200.000BTC. Ok, now look Josh Jones... IIRC his credit is like 40.000 or more. There are a few like that. They have HUGE holdings besides their GOX credit. Don't you think they would sell from their own stash in advance? And probably are more than already done on selling?

Yes, some people will sell, of course. Some people will buy with the FIAT part. And, more importantly, whatever happens it will be over soon. Finally.

[Globb0]

SOON(TM)
heh

[realr0ach]

SOON(TM)

Yea, it's called the kikes using Brexit as an excuse to implode global markets to try and divert blame away from themselves onto something else.  Shitlord Jew Max ShekelsteinKeiser is already complaining about the value of all his britcuck dollars imploding in the near future.

[Lambie Slayer]

It was quiet and good lately

Where my Nazis at

Nazis are busy buying Bitcoin in our new Bull Market.  

Daily Stormer, Gab, and Storm Front all use Bitcoin as their main and preferred source of funding. The owners of these sites are pushing the Nazi community more towards Bitcoin adoption each day.

Nazis drive cars, use cell phones, wear shoes, its only natural that they all use Bitcoin to fund their top websites.

[Lambie Slayer]

Money Printing Keynesians have won, the Fed has stopped rate hikes and will now stop Quantitative Tightening.

https://www.wsj.com/articles/fed-minutes-reveal-growth-risks-prompted-rate-pause-11550689273

https://www.reuters.com/article/us-usa-fed-minutes/fed-flags-end-to-balance-sheet-runoff-patience-on-rates-idUSKCN1Q92MI

"“Almost all participants thought that it would be desirable to announce before too long a plan to stop reducing the Federal Reserve’s asset holdings later this year,” the minutes said."

Bitcoin is only headed up regardless, but more fiat money printing just means the Bull Run will be much more violent.

Powell tried to slow down the money printing but Wall Street and Trump have forced him to capitulate completely.



The only true threat to Bitcoin would be a hard cap on the supply of US dollars. This will never happen. They will print it into oblivion just like America's first currency, The Continental.