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

[shasan]

Citigroup job ad suggests blockchain initiatives are heating up at the bank

Citigroups' Citi Markets and Securities Services is working on initiatives across the crypto landscape, as suggested by a recent ad uncovered on LinkedIn.

The ad asserts that the bank has a wide-range of crypto clients.

The role would play a "key part" in driving "multiple internal and external engagements," according to Citigroup.

[Lambie Slayer]

Does that mean that you will wear a hyena - lamb chop slayer bloody hat?

Lets hope so

[slocker]

What can be better in this situation?

1. continue content through local resistance levels
2. hold this support level for current bitcoin price
3. break the red zone, hopping that short squeeze would fuel a bullish rally

[LFC_Bitcoin]

These are the Woobull HODL waves.  The area ABOVE the line represents the quantity of Bitcoin that have been held for that period of time.  

As you can see, the lines have turned sharply downwards in the last couple months.  That means that HODLING is getting much STRONGER.  

This is the most goddamn bullish thing I have read in months.  Look at the 12 month line (brown) drop like a fucking rock.  YES.

#stronghands*



http://charts.woobull.com/bitcoin-hodl-waves/

See here for an explanation of how they work:  https://blog.unchained-capital.com/bitcoin-data-science-pt-1-hodl-waves-7f3501d53f63

*With acknowledgements to Toxic

I always enjoy reading your TA/price projection posts HM. The weeks are flying by in my life atm so we’ll be in 2021 before we know it at $50,000+ per bitcoin.

Oh well, back to the grind.....for now.

[Dabs]

100% Wrong.  It's impossible for something to qualify as money unless it qualifies as an actual non-perishable commodity beforehand and none of those can be transferred over a telephone cord.

non-perishable commodity ... that central banks transfer all over the world right now ... and stock exchanges transfer between users, buyers and sellers ... and also bitcoin. Maybe you're 100% wrong too. Or at least you're not 100% correct. Somewhere in between.

[Paashaas]

R.I.P. Bitmain IPO

[Last of the V8s]

Don't think it was the mods who deleted the @WalletBuyer thread, but the op himself. https://archive.is/hGTNB#selection-403.0-403.11
Someone research if you can delete own thread in Digital Goods??#
ok you can?? On this board, you cannot delete your posts until 24 hours have passed from posting them. You could edit the post to be blank and then come back in 24 hours.
modlog.php shows no sign of whole thread deletion, but does so of individual post deletion, including a certain Bob.
The other thread survives https://archive.is/1DMSI#selection-403.0-403.14

Tell me this as if i was a newb - what's the deal with the cock.li email addy? Lot of security-theatre-minded people use one.
nothing. addressed in the https://twitter.com/ShitcoinSherpa/status/1109626121883127811 thread

[Last of the V8s]

https://thenextweb.com/hardfork/2019/03/25/russia-quietly-removes-mentions-of-cryptocurrency-from-delayed-digital-asset-bill/

There's not much meat in the article, but imagine how bullish if Russia actually got it right - 'there is only Bitcoin, Moscow holds 1 million so everyone else can fuck off, дo cвидaния, cпoкoйнoй нoчи '

[Last of the V8s]

In miles more entomologically interesting threads, the workings of the Power Rangers:
https://twitter.com/JeremyRubin/status/1109175576735055872
https://old.reddit.com/r/Bitcoin/comments/b4itqy/i_feel_those_words_working_on_bitcoincoreorg_can/

[fillippone]

These are the Woobull HODL waves.  The area ABOVE the line represents the quantity of Bitcoin that have been held for that period of time.  

As you can see, the lines have turned sharply downwards in the last couple months.  That means that HODLING is getting much STRONGER.  

This is the most goddamn bullish thing I have read in months.  Look at the 12 month line (brown) drop like a fucking rock.  YES.

#stronghands*



http://charts.woobull.com/bitcoin-hodl-waves/

See here for an explanation of how they work:  https://blog.unchained-capital.com/bitcoin-data-science-pt-1-hodl-waves-7f3501d53f63

*With acknowledgements to Toxic

Woobull charts are the best tools I found to have a grasp of where bitcoin is headed long term.
I am not discussing short term TA speculation stuff here.
I am thinking about investment decisions spanning months if not years in the future.
I will try to include as many possible of such charts in my monthly updates as this ARE the tools to have morte people really understanding what bitcoin is all about.

Otherwise is just another toy to speculate with. I have nothing agains speculations, I like short term traders too as they provide liquidity to markets, but I think their trading drivers are way less intresting than this stuff.

[shasan]

TOR Digital Privacy Project Accepts Donations in Cryptocurrency

Tor digital privacy software is now accepting donations in various cryptocurrencies.

According to TOR's donation portal, the open source project accepts, BTC, BCH, ETH, DASH, LTC, XMR, XLM, REP and ZEC.

TOR’s crypto donation page encourages users to “stand up for the universal human rights to privacy and freedom and help keep TOR robust and secure.”

[HairyMaclairy]

What can be better in this situation?

1. continue content through local resistance levels
2. hold this support level for current bitcoin price
3. break the red zone, hopping that short squeeze would fuel a bullish rally

All we need to do is track sideways at this level for 3 - 5 months.  Would be massively bullish, showing serious commitment to accumulation.  

[Last of the V8s]

Citigroup job ad suggests blockchain initiatives are heating up at the bank

Citigroups' Citi Markets and Securities Services is working on initiatives across the crypto landscape, as suggested by a recent ad uncovered on LinkedIn.

The ad asserts that the bank has a wide-range of crypto clients.

The role would play a "key part" in driving "multiple internal and external engagements," according to Citigroup.

TOR Digital Privacy Project Accepts Donations in Cryptocurrency

Tor digital privacy software is now accepting donations in various cryptocurrencies.

According to TOR's donation portal, the open source project accepts, BTC, BCH, ETH, DASH, LTC, XMR, XLM, REP and ZEC.

TOR’s crypto donation page encourages users to “stand up for the universal human rights to privacy and freedom and help keep TOR robust and secure.”

second time you've done this today
link the fucking source

[jbreher]

In other news, what is WO take on giving btc to your own children? Worth it or idiotic since they don't know how to hold it safely?

I've been giving each of my progeny -- chillens and grandchillens -- one BTC (and one BCH ((and one BSV)) ) each year since years.

I look at the addresses each year to see how they're doing with them. All hodled tightly except for minimal percentages of daughter and one son, in whom I have instructed on the incremental laddered standing order plan.

Your practice alone is going to cause a BTC supply shortage.  Just think about the many poor folks around the world who are not even going to be able to own .1 BTC and many of your progeny will have several BTC each.  

By the way, the bcash variants are not likely to have and impact on the world in any kind of meaningful way, and if they hold them more than a few years, they are likely to increasingly decrease in value - perhaps even faster than the dollar, so likely they should spend those bcash variants first.   or better yet, convert them into BTC. #gresham's law

Building a family dynasty? I like it, until the grand kids trades it all for Facebook coin.

I had already expressed a couple of years ago that I don't think it is a good idea (especially giving a whole coin each year... that is ridiculous)... but whatever.. it is a child rearing choice that is totally within his discretion.

I think it's more than great if he has the funds to do so and the patience to not be upset if they do something silly with it. (As he does occasionally check their addresses it seems) The second part would probably be the hardest.

In my thinking it's not about generosity exactly, but instead trying to figure out ways that kids are going to develop their own self initiatives.

Let's say jbreher got into bitcoin around the same time that he began his forum account in 2011, and therefore started giving 1BTC per christmas per kid/grandkid then living.  The value of that gift changed stupendously, and the kid/grandkids who are at least 8 years old received 8BTC each, so far.

Perhaps, I don't know enough about the situation, but it seems both sloppy and reckless, from my perspective  - and jbreher's earlier explanation did not make too much sense to me, just like the quasi-unrelated concept of his ongoing support of bcash (including faketoshi) don't make much sense to me.  And, all of those are within his discretion... and the only way that we (am I using the royal we, here?) know about all of those ideations and practices of his and can talk about them, is because, at various times, he told us about them.

Yet, as evidenced by their hodler status, they are all handling it responsibly. Perhaps your childrearing assumptions are as off base as your choice of preferred crypto.

[Toxic2040]

Somebody try and get that bottle of rum out of the bears paws...I think he has gone over the edge.

[TopTort777]

Not a wise move from leprecon

[El duderino_]

Not a wise move from leprecon

could't be wiser

[Last of the V8s]

https://motherboard.vice.com/en_us/article/pan9wn/hackers-hijacked-asus-software-updates-to-install-backdoors-on-thousands-of-computers
trust no one

[Bitcoin Smith]

https://motherboard.vice.com/en_us/article/pan9wn/hackers-hijacked-asus-software-updates-to-install-backdoors-on-thousands-of-computers
trust no one

Even your shadow will leave you in dark.

Such a fake world we are living now.

[Bitcoin Smith]

https://www.youtube.com/watch?v=wApScWAA6gQ&feature=youtu.be

A simple video describes how lightning network will make bitcoin to be great.