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

[Gyrsur]

another doowopawigabee forming up on the 15 min chart

the force is strong in you, little BTC


(*) Bitstamp data timeframe 2h

EDIT: but not that strong, for the moment probably.  

[jojo69]

AYH

[Globb0]

4 cases of coronavirus now in the UAE.

This is fine.

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

Chinese closing transport links Friday, no worries about its totally too late FS.


2 weeks no symptoms with this disease, lets make the assumption its everywhere and work back from that.

The world itself is a system.

We humans have accelerated the bandwidth between locations significantly, there are no more islands.

[Gyrsur]

AYH

new AYH at $9432.0 confirmed.


(*) Bitstamp data timeframe 2h

EDIT: will Asia help us again as last night to get through the mark?

if someone is interested in fibonacci here is a good explanation --> https://forums.babypips.com/t/fibonacci-extension-vs-fibonacci-expansion/128495/7

[Hueristic]

Good morning WO, I'm observing a comfortable 9339.99$ and a much better look of the price charts. It looks like a great morning.
Let's hope it'll go in the same direction even after the coronavirus panic ends.

We have way more experience with panic, don't we?  
#WE_JUST_HODL 

I like the charts, but what i'd even like more to see is more volume.
Seems like quite some people wait for bitcoin to moon before the halving?
That would be very surprising...

My little daughter is totally afraid of deadly viruses now. Thanks to the global brainwash broadcasting mafia media. 

Tell her there is a better chance she will get eaten by a shark.

That'll take her mind off it.

LoL

My wife tried to calm her down, by telling her that only old and weak people are endangered.
Result: She almost started crying because she was afraid that her grandparents could die because of some virus infection.
Well done, mom 

Institutional FUD is a virus that has to be ignored to be inoculated against.


BTW guys, upvote this.


https://www.youtube.com/watch?v=3GCsXL_prYw

[jbreher]

I don't deny you have some scattered facts upon which to start to build such a case. But from what I have seen your evidence, it falls woefully short of being convincing that they are involved in any nefarious activity. Got anything more conclusive?

This is more than enough for me to use more user/privacy respectful exchanges.
I have nothing to gain from this (well, technically, if everyone do coinjoin, also my coinjoins are more secure, but this is a little bit too indirect for the immediate reasoning), I am just advocating user security.
There are not downside not using them, only upsides: hence choice is trivial.
Want to use them anyway? I do disagree, but hey, we are all grown up adults.

I can see your point. Which seems to be to be adequately summed up by: "why take the chance"?

But to claim there is no downside to other exchanges is pure folly. Where, pray tell, would you recommend I look for a better solution which should encompass:
- technical solidity
- longevity
- insurance
- market depth
- accurate order execution
- minimized chance of experiencing loss through hack inside job
- ease of getting fiat in and out of the system for a US citizen - to include speed, amount, and hassle-free
?
Bear in mind I already have dealt with most of the majors available to US citizens.

[jojo69]

Bittrex hasn't fucked me...yet

[marcus_of_augustus]

4 cases of corona in Germany


2 cases of corona in Canada


... it's like the medal tally for losers pandemic Olympics.

Cases? ... Confirmed!

[jbreher]

Ever notice that jbreher is never too slow to defend bad actors in the space?

Wonder why?

Stolfi, is that you?

Oh come on - that's beyond stupid, even for you.

Though truth be told, I have indeed pointed out that a large part of Stolfi's posited faults bandied about this here thread are indeed fallacious.

-----------

More to the point however, the claim of Coinbase being a 'bad actor' is based upon mere conjecture. At least in the recent discussion.

Unless of course you'd like to bring forward some evidence of actual nefarious behavior on their behalf?

[dragonvslinux]

So to answer the enormous question on everyone's minds right now, is it a block halving or block halvening? Google claims that more users are interested in the halving, rather than the halvening, regardless of the latter's grammatical incorrectness. It's safe to assume that Google's user's do not care of grammatical correctness. More relevantly, searches for the halving event recently reached an all time high. Searches for the halvening didn't reach all time high.



Suggestion: Let's roll with the grammatically incorrect phrasing of the block halving, rather than halvening, for the benefit of google searches.
(Even my spell checker wants to call it the halving, take the hint)

103 days

[jbreher]

Do we really want to send them to coinbase? I understood they've been naughty in assisting agressive nutrino chainalyasis/analytic tactics.

Genuinely curious. What _exactly_ do you think they are doing to aid chainalysis? Divulging private customer data?

First things come out of my mind:

Doing chain analyisis on all the trades you do before funding deposit/ after funds withdrawal. Coinbase: the Neutrino scandal and the #DeleteCoinbase campaign

Okay... from the article: "hypothetical activity". Got any evidence that they are divulging any such data?
Also from the article: "CoinBase marketing manager Christine Sandler said:
“It was important for us to migrate away from our current providers. They were selling client data to outside sources..."
So they were able to move from an external provider who they knew was selling customer data to others, and bring that function in-house, by purchasing an existing vendor if such services, who they can now control. Perhaps stopping such sale of customer data.
Yes, that's provocative. But rather than a net negative for privacy, it could be a net positive. Again, what evidence exists for your speculated nefarious activity?

In case you haven't any fund, they provide you funds to mess with (in the hope you eventually do stupid things like  consolidate them with your big stash) read: Dust Attack, what it is, why it is dangerous and how to prevent falling to it

Yes. Dust attack has been known since years. Evidence Coinbase is misusing these small bonuses? I mean, such could be perfectly explained by a simple enticement to garner new customers. Much as banks used to offer a free toaster for opening an account.

Selling those data to government agencies

Again... evidence?

Inspiring other Bad actors to follow the same vicious path. Read: #deletePaxos

'Inspiring'? OK. I guess. But not (e.g.) Binance, right?

I don't deny you have some scattered facts upon which to start to build such a case. But from what I have seen your evidence, it falls woefully short of being convincing that they are involved in any nefarious activity. Got anything more conclusive?

Ever notice that jbreher is never too slow to defend bad actors in the space?

Wonder why?

Stolfi, is that you?

 

Yeah.
Wondering why he's taken offence to the point he felt it necessary to defend.

Well, i started with fillipone's Icygreen's accusation. As I deal frequently with Coinbase, I was wondering what evidence s/he had for the accusation. For if there were solid evidence of Coinbase being nefarious, it would be to my advantage to know it. As I would like to avoid dealing with nefarious actors.

So I did not defend - I merely asked for the evidence.

When the 'evidence' presented was merely evidence that there might possibly be nefarious activity afoot, I pushed harder. Perhaps, I thought, fillipone thought that what was presented was more than it was.

But in filllipone's reply, it is evident that the entire accusation is mere conjecture.

Could they be acting in bad faith? Sure, it's ... umm ... possible. Given the evidence presented, however, it is also quite possible that they are not.

So, no offense taken, and no defense presented. Unless you consider trying to nail down wishy-washy accusations to concrete statements of facts as 'defense'. In which case, I'll just put you in the 'special snowflake' pile. Which would make me sad. I've not previously thought of you as such.

[bitserve]

Good morning, good day to change the rank.

Bye Sr. Member / Hi, Hero Member 

WO #nohomo

Congrats VB1001!!!! More than deserved as you already achieved more than enough merits to even be a Self-made Legendary!

[marcus_of_augustus]

FWIW ... so far no sign of the virus having sustained spreading outside China (unless testing is back-logged or results being withheld in the West?) , I'm tending towards optimism 2019-nCoV might be contained, except for a few countries with poor medical facilities and healthcare practices, places like India, African countries. If this is the case it provides a dilemma for the global community: invest massively in helping those poor wretches clean themselves up or just risk having the virus around for much longer with reinfection blowing back?

[Hueristic]

Dear Wo'ers.
I stumbled on a very intresting thread on Twitter.
My italian friend Giacomo Zucco was triggered, so I decided to share:

[PAXOS+COINJOIN]Your privacy is a threat to exchange business?#deletepaxos

TL,DR: Exchange punishing users because they do CoinJoin Rounds AFTER they withdraw their funds.

Basically you have to be really careful: everyone want to put their greasy hands on your precious coins.

Well this is just another highlight of the fact there is a fungability issue.

[jbreher]

Do we really want to send them to coinbase? I understood they've been naughty in assisting agressive nutrino chainalyasis/analytic tactics.

Genuinely curious. What _exactly_ do you think they are doing to aid chainalysis? Divulging private customer data?

I'm not accusing them of anything illegal however since Coinbase acquired Neutrino, now they have the largest on ramp and customer base with chainalysis rolled together. Not only is it a honeypot for leaks, its recreating the same privacy invasive, centralized practices familiar in today's banking. While understanding the merits of such, I prefer to support smaller privacy focused on ramps in efforts to avoid ultimately enslaving the population with an 'all seeing' Gov. Bitcoin.
To answer your question directly, Coinbase is consolidating power to break and prevent privacy in Bitcoin.  #deletecoinbase

So you have no proof that they are using such data to nefarious ends? That's certainly what it appears you are saying.

Your closing statement is topologically identical to 'Google/Amazon/Facebook is consolidating power to break and prevent privacy in all aspects of life'. Which could be a true statement, but I bet there is not one in a hundred persons reading this that does not deal with at least one of those organizations from time to time.

[jbreher]

Bittrex hasn't fucked me...yet

Bittrex has been OK for me for trading.

For getting value out.... not so much.

[jojo69]

still, best to opt out of further empowering them, at least when it is not too inconvenient

[jojo69]

Bittrex hasn't fucked me...yet

Bittrex has been OK for me for trading.

For getting value out.... not so much.

do tell

[fillippone]

Dear Wo'ers.
I stumbled on a very intresting thread on Twitter.
My italian friend Giacomo Zucco was triggered, so I decided to share:

[PAXOS+COINJOIN]Your privacy is a threat to exchange business?#deletepaxos

TL,DR: Exchange punishing users because they do CoinJoin Rounds AFTER they withdraw their funds.

Basically you have to be really careful: everyone want to put their greasy hands on your precious coins.

Well this is just another highlight of the fact there is a fungability issue.

I think that no one can deny fungibility is the main/only issue in bitcoin protocol (forget scaling, that is bullshit).
This is why there is so much research in that direction.

Edit: fixed horrible quoting

[jbreher]

Bittrex hasn't fucked me...yet

Bittrex has been OK for me for trading.

For getting value out.... not so much.

do tell

I just did.

They'll do it. Fairly reliably. But only for trivial amounts. Unless they've had a recent change of policy.


Edit: Just went to check. Yes, they have had a change of policy. At least in terms of data I need to divulge in order to use the site: