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

[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 '

[1714321896]

1714321896

[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.

[Toxic2040]

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

Anyone report about the potential core malware?  Didnt look too deep into it yet, so just want to post a friendly reminder to always check and double check any downloads.

https://beincrypto.com/malware-alert-bitcoin-core-copycat-on-the-loose/

[JayJuanGee]

[edited out]

But I think I was more lucky to sell my coins at 2017 for huge profits but the real problem is I can't save much money to get those stash back.Hopefully I can save money.

Yeah, but many of us are familiar with a dollar cost averaging concept.

Of course, I don't really know much about your personal circumstances, but I always suggest for BTC investors to largely get their finances in order before investing in BTC - however, sometimes, it would take too long to get everything in order, so you have to prioritize various aspects in order that you don't have some kind of an emergency situation that causes you to have to cash out your BTC at a time that is not of your choosing.

In that regard, sometimes, even when cashflow situations are  tight, you can buy in very low price amounts, such as $5 here and there or $50 or just spare cash... I have a system in which I project my cash flow for 6-18 months, and make sure that I always have at least $900 in my banking account (as a cushion) (and of course I have other funds that I could draw from too, if I were to have a 6 month long emergency or something like that), so if I have new cashflow come in or new expenses, I can plug those amounts into my cashflow projection, and if my amount of cushion in my cashflow projection goes over a certain amount, let's say $1,000, then I can take up to $100 and buy bitcoins with that.... and I still maintain my minimum required cushion of $900.

Also, maybe if I was running tight on my cashflow, and suddenly I found myself with $100 extra to buy bitcoin, I might put that $100 in a Bitcoin buying fund, and then perhaps buy $25 per week of bitcoin with that for the next 4 weeks, or something like that.

[Toxic2040]

Good morning all.

1h


4h


D

#stronghands'19    #dearMoon   #cryptouplift  #btd  #dyor

[VB1001]

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

+1 WO sM (I'm out sMerit)

[JayJuanGee]

99 days into the new Baby Bull Market and all is well.  

What if bitcoin doesn’t go below $3122 again, are we in a never ending bull market?

Not necessarily, but possibly. Fear not, I will be there to let you know with a daily count.  

Oh gawd.....

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

His style is just like lambie himself/herself - except on the bullish rather than bearish side of things.  So consider that.  

[El duderino_]

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

+1 WO sM (I'm out sMerit)

Gave one for you

[JayJuanGee]

[ edited out]

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.

Point 1:  Fair enough that your kids / grandkids might be handling the situation well....

Point 2:  what is this thing "crypto" thingie-ma-jiggie to which you refer?