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

[pönde]

Did the dip happen because of that Tether/Bitfinex scam?

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[ivomm]

If I recall correctly, in 2017 Bfx had also problems with the banks. Withdrawal of USD were delayed for months. Coincedence or not, but during that period the price went from $1000 to $3000. If people can get only USDT to trade it elsewhere, I don't see a reason to sell BTC at Bfx. But of course there were stupid people to sell at $3000 this year, so why not sell now, initiate a bank transfer and wait for the money to appear in your bank account... uhhm forever.

[El duderino_]

Small request its weekend, opposite direction THX 

[Paashaas]

How far will it drop..

[VB1001]

https://twitter.com/Ledger

Warning !!!

[MrFreeRoMan]

Did the dip happen because of that Tether/Bitfinex scam?

My 95 rule: 95% of what you read in the financial press is either wrong or irrelevant

https://twitter.com/steve_hanke/status/1113100022386774016

[JayJuanGee]

^Yow "RED trust queen" get yourself a HAT  

XhomerX can make something with cats and red I guess

I could, yes. Where is my 4k HAT?

 It's not only 4K but also waterproof to 40 meters.  

 

Avatar-sized

 

Hey, that looks too much like mine...  

What if you changed the color to red, especially since Lauda continues as the "red paint queen".. .or at least splatter some red paint on there.      

Subsequently added Personal suggestion:  The red paint could be artistically applied or even random, as some neg trust members accuse of her... Actually a mix of artistic and random could better portray the community's "fear of" her seemingly whimsical painting approach.  

[Lauda]

Hey, that looks too much like mine...  

What if you changed the color to red, especially since Lauda continues as the "red paint queen".. .or at least splatter some red paint on there.      

I wouldn't mind it in red, or partially splashed red. Not sure if it would look better.

Sheeeit.

We're going below $5k, aren't we ? 

Bitcoin is dead.

[Retina]

People said telegram  

There's rumour of India banning crypto. Hope this is fake news.

Hundreds of democratic countries allow crypto.

As an Indian, I use crypto & I'm not a criminal. Plz listen to the people.

RT this, we need to stay united!

#IndiaWantsCrypto

Did anyone confirm the news?

Another news
 https://easypaidbd.com cryptocurrency buy and sell site Bangladesh this site shut down by Cyber Police.

this day a sad day for Bangladeshi Bitcoin lover.

[El duderino_]

Sheeeit.

We're going below $5k, aren't we ?  

Let us see and hope for a fine recovery instead

[mindrust]

Are cheap coins coming?

C'mon send them faster. If we ever see $3xxx levels, I am going to buy another full piece. No DCA'ing, one big straight bullet from $3k to 1btc. (technically that's a DCA too actually)

I gotta (at least) reach my second target (double digits) before the next halving.

[El duderino_]

Are cheap coins coming?

C'mon send them faster. If we ever see $3xxx levels, I am going to buy another full piece. No DCA'ing, one big straight bullet from $3k to 1btc. (technically that's a DCA too actually)

I gotta (at least) reach my second target (double digits) before the next halving.

Indeed set a goal and reach it

Next halving Will be there before we know.... time go’s fast and not only in bitcoinland

[Toxic2040]

Sheeeit.

We're going below $5k, aren't we ?  

The struggle is real.  Either we drop lower or we see another squeeze. Buzzards are circling. #dyor





#stronghands

[VB1001]

https://i.imgur.com/57hjiik.png

[hv_]

They will not calm down!
How do you like the news on BitcoinSV?

CoinGeek Sponsors Ayr United Football Club

As per the Reuters report on Thursday, Bitcoin SV will sponsor Ayr United for the rest of the current season, as well as the whole of the next season. Founder of CoinGeek, and well known Bitcoin SV advocate Calvin Ayre said this was part of a move to educate people about the ‘original Bitcoin’:

“There is an education underway explaining to both the media and everyday folk that BSV is, in fact, the original Bitcoin. People have heard of Bitcoin but don’t yet understand that BSV is the only blockchain following Bitcoin’s original design.”

Bitcoin SV the emperors new clothes?  

Seems that scaling is really sexy

Reorgs here btw https://bitsonline.com/blockchain-re-orgs-bitcoin-security/

[JayJuanGee]

How far will it drop..

I recognize that you are playing optical illusions with us, Paashaas....

Yet, I would still like to assert that many of us regular WO observers likely realize that FUD tends to exacerbate already underlying market momentum, and bitcoin tends to go in directions that are NOT frequently expected, yet there are still reasonable expectations regarding interesting price points that might be reasonable to address and/or revisit - even if the BTC price does not make it to such price points or shoots beyond such price points.

Accordingly, I consider a retest of $4,200 to be within reason, and perhaps even with greater than 55% chances of happening.  I am 50/50 regarding whether we are ever going to see below $3,700 again.   If we do in fact go below $3,700 then retesting of $3,122 would become quite likely with even decent odds of a spike below that price point to make V8 our new legendary hero.... to dethrone HM off of his current high horse.... hahahahahahaha      

By the way, I would prefer that Hairy wins such "bet," but a spike below $3,122 does not seem out of the question, even if it is only about 50%, if not less.

[sheenshane]

Not only just strong hand, it is the perfect time to bag bitcoin.



After this short correction, maybe it will resume up towards resistance of bitcoin price and probably fueling into skyrocket. #HODL & BUY.

[VB1001]

GAB Forks BRAVE, Adding Bitcoin Lightning for a new Free Speech Browser.

Bitcoin Lightning Integration

Instead of using BAT for rewarding websites and individuals (regardless of proof of ownership), Torba will instead work towards an integration of the Dissenter web browser and the Bitcoin Lightning Network.

https://bitcoinist.com/brave-browser-gab-bitcoin-lightning/

Browser war, this will be fun.

[MrFreeRoMan]

People said telegram  

There's rumour of India banning crypto. Hope this is fake news.

Hundreds of democratic countries allow crypto.

As an Indian, I use crypto & I'm not a criminal. Plz listen to the people.

RT this, we need to stay united!

#IndiaWantsCrypto

Did anyone confirm the news?

Another news
 https://easypaidbd.com cryptocurrency buy and sell site Bangladesh this site shut down by Cyber Police.

this day a sad day for Bangladeshi Bitcoin lover.

India
The government of India stated in early 2018 that cryptocurrencies such as bitcoin are not legal
tender in India. While the government has not yet enacted a regulatory framework for
cryptocurrencies, the Reserve Bank of India (RBI) has advised caution on their use and has
issued three notifications that “cautioned users, holders and traders on the risk of these
currencies and clarified that it has not given any licence or authorisation to any entity or company
to operate such schemes or deals.”
Most recently, on April 6, 2018, the RBI issued a notification prohibiting banks, lenders and other
regulated financial institutions from “dealing with virtual currencies,” which stipulated that “n
view of the associated risks, it has been decided that, with immediate effect, entities regulated by
the Reserve Bank shall not deal in VCs or provide services for facilitating any person or entity in
dealing with or settling VCs. Such services include maintaining accounts, registering, trading,
settling, clearing, giving loans against virtual tokens, accepting them as collateral, opening
accounts of exchanges dealing with them and transfer / receipt of money in accounts relating to
purchase/ sale of VCs.” Moreover, the RBI stated that “[r]egulated entities which already
provide such services shall exit the relationship within three months from the date of this
circular.” However, Deputy Governor B.P. Kanungo, in a policy press conference, did
“recognize that the blockchain technology or the distributed ledger technology that lies beneath
the virtual currencies has potential benefits for financial inclusion and enhancing the efficiency of
the financial system” and stated that the RBI has “constituted an inter-departmental committee in
Reserve Bank of India who will produce a report and they will explore the feasibility and
desirability of issuing a digital currency by the central bank.

Regulation of Cryptocurrency Around the World

[JayJuanGee]

Are cheap coins coming?

C'mon send them faster. If we ever see $3xxx levels, I am going to buy another full piece. No DCA'ing, one big straight bullet from $3k to 1btc. (technically that's a DCA too actually)

I gotta (at least) reach my second target (double digits) before the next halving.

I appreciate your ideas of: 1) dollar cost averaging in such a way that you are regularly buying and attempting to strategize some of your BTC buys upon nearly inevitable dips that are likely to happen from time to time, and 2) continuing to monitor your BTC accumulation goals and even tweaking the goal to the extent reasonably within your means - hopefully, without stretching your finances too much (in a kind of gambling way).

I know that I said this before, but I remain a little bit unnerved with the extent that you seem to expressing "wishes for down."  In my view, in bitcoin, a decent amount of DOWN moves play out in a nearly inevitable way, so there seems to be little to no reason to root for such BTC price direction - even if you have every intention to take advantage of the most DOWN of which you are capable.

Are cheap coins coming?

C'mon send them faster. If we ever see $3xxx levels, I am going to buy another full piece. No DCA'ing, one big straight bullet from $3k to 1btc. (technically that's a DCA too actually)

I gotta (at least) reach my second target (double digits) before the next halving.

Nah I'd rather that not happen, you can pinch your pennies and buy one at 5k

Seems that Mindrust has been buying all along, and I am fairly certain that he has acquired a decent amount of coins in the $5k and $4k price areas, so in that regard, there seems to be no real problem either attempting to maximize his BTC buy price - even if it is just for one coin - even if BTC prices end up never dipping back down into the sub $4ks again...

I personally still believe that currently there are greater than 50% chances that BTC will at least experience a quickie sub $4k dip... so if mindrust is prepared to buy around that area (depending on how the price dynamics play out), then the current odds don't seem to be out of the realm of reasonable.