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

[VB1001]

Coinbase, the San Francisco-based cryptocurrency exchange, has been made a Visa principal member.

Announcing the news on its blog Wednesday, the firm said the news marks it as the "first pure-play crypto company" to be approved by the credit card giant.

Coinbase has been working with Visa since 2019 when it launched its Coinbase Card in the UK. The debit card allows users to spend cryptocurrency as cash anywhere Visa is accepted. The card has since been made available in 29 markets with 10 cryptocurrencies supported.

https://www.coindesk.com/coinbase-becomes-first-pure-crypto-firm-approved-as-visa-principal-member

Coinbase becomes a Visa principal member

https://blog.coinbase.com/coinbase-becomes-a-visa-principal-member-c5b73b883787

[fillippone]

Coinbase, the San Francisco-based cryptocurrency exchange, has been made a Visa principal member.

Announcing the news on its blog Wednesday, the firm said the news marks it as the "first pure-play crypto company" to be approved by the credit card giant.

Coinbase has been working with Visa since 2019 when it launched its Coinbase Card in the UK. The debit card allows users to spend cryptocurrency as cash anywhere Visa is accepted. The card has since been made available in 29 markets with 10 cryptocurrencies supported.

https://www.coindesk.com/coinbase-becomes-first-pure-crypto-firm-approved-as-visa-principal-member

Coinbase becomes a Visa principal member

https://blog.coinbase.com/coinbase-becomes-a-visa-principal-member-c5b73b883787

Gentle reminder of the #deletecoinbase campaign.
Coinbase is just the Governemnt arm into crypto.
Take your own precautions while dealing with them.

 

[lightfoot]

In other news -
 6000 bitcoin on the shelf for 7 years after being seized by the Criminal Assets Bureau -

Full story - https://www.rte.ie/news/courts/2020/0219/1116299-bit-coin-clifton-collins/

What if he didn't give them the private key? (or someone else has it, and it gets moved ...)

Torture time I guess. But it's interesting that the coins would be considered profits from a "crime" even if they were bought before the crime occurred.

I'm sure he is guilty of something. Illegal U turn, farting in a Mormon tabernacle, etc.

[lightfoot]

The force of gravity does not exist

Define "exist. I wonder sometimes if gravity is a force outside of our universe that leaks through our universe manifesting itself through mass.

Would explain why it is so damn weak.

[LUCKMCFLY]

There are many analyzes that start from the sk to flow model of PlanB.

Analyst Prices Bitcoin at $400k By Next Year Based on Miner Capitulation Pattern


Twitter: https://twitter.com/100trillionUSD/status/1229828709097594881

With that in mind, a ratio of 10, or 10 times the bottom ($3.7k), puts Bitcoin at around $37k come halving time. What’s more, a climb towards the ceiling will see a ratio of around 100, or 100 times the bottom, putting Bitcoin at $370k by spring 2021.

While not hugely different to the figure used by Plan B, when multiplying by 100, a divergence of $60k is significant.

Source: https://www.newsbtc.com/2020/02/19/analyst-prices-bitcoin-at-400k-by-next-year-based-on-miner-capitulation-pattern/

[VB1001]

Gentle reminder of the #deletecoinbase campaign.
Coinbase is just the Governemnt arm into crypto.
Take your own precautions while dealing with them.

 

Strongly agree, but although Coinbase is the executive arm of the government, news like this gives credibility to the crypto world and this is good for the badger and for its adoption.

[JimboToronto]

Good AM Bitcoinland.

The battle for $10k continues - back up over for the time being... currently $10144USD/$13425CAD (Bitcoinaverage).

Everybody having a shot when it crosses back up?

In other news -
 6000 bitcoin on the shelf for 7 years after being seized by the Criminal Assets Bureau -

Full story - https://www.rte.ie/news/courts/2020/0219/1116299-bit-coin-clifton-collins/

What if he didn't give them the private key? (or someone else has it, and it gets moved ...)

What if he kept the coins in a wallet app in a PC, laptop, or cellphone? Or a hardware wallet and they found the seed phrase? Or they simply found his private keys?

What if they already moved them?

It takes extra precautions to protect your private keys.

[vapourminer]

Good morning, being above 10,000 looks good.



They say the same as us, but they go into more details.

ergo, JJG is female.

[VB1001]

Good morning, being above 10,000 looks good.



They say the same as us, but they go into more details.

ergo, JJG is female.

Ha, ha, ha, "touched"

[fillippone]

Good morning, being above 10,000 looks good.



They say the same as us, but they go into more details.

ergo, JJG is female.

Ha, ha, ha, "touched"

jjg is another level:

via Imgflip Meme Generator

[ChuckBuck]

Damn it, don't say such exact things againnnnnnnnnnnn, I don't have enough merit to send you with things like that 

[Dabs]

Just goes to show how big Coinbase has become. Visa itself won't accept any crypto, so Coinbase, as custodial wallet, will simply deduct the equivalent crypto from your account when you use the Visa card.

[LFC_Bitcoin]

Just goes to show how big Coinbase has become. Visa itself won't accept any crypto, so Coinbase, as custodial wallet, will simply deduct the equivalent crypto from your account when you use the Visa card.

I signed up to their debit card, it arrived in literally 2 days. I only transferred £100 worth of corn to try it & it’s really good so I can definitely vouch for them.

You can check your balance on your crypto wallet app, it’s great.

[Dabs]

Good AM Bitcoinland.

The battle for $10k continues - back up over for the time being... currently $10144USD/$13425CAD (Bitcoinaverage).

Everybody having a shot when it crosses back up?

In other news -
 6000 bitcoin on the shelf for 7 years after being seized by the Criminal Assets Bureau -

Full story - https://www.rte.ie/news/courts/2020/0219/1116299-bit-coin-clifton-collins/

What if he didn't give them the private key? (or someone else has it, and it gets moved ...)

What if he kept the coins in a wallet app in a PC, laptop, or cellphone? Or a hardware wallet and they found the seed phrase? Or they simply found his private keys?

What if they already moved them?

It takes extra precautions to protect your private keys.

I'm pretty sure that whatever gov agency claims they got the coins, already moved them to a wallet they control. That would be a huge mistake to assume mere physical possession of a computer or desktop or laptop wallet means they have the coins. They had better move it already.

Imagine if the perps cousin or friend or other trusted (or untrusted) person had a copy, and moved the coins before the gov agency could, after the perp got locked up. He can honestly claim he didn't do it, and all the gov would have is some "public address" they "seized" ... (from a bonded courier who happens to be an attorney so can't say anything about it?)

[bitebits]

https://www.theblockcrypto.com/amp/post/56337/peter-thiel-texas-bitcoin-mine-goes-live

Big plans / ambitions:

- Bitcoin mining startup Layer1 has started mining in its West Texas site

- The site expects to scale to 200MW within a few months, and aims to capture 30% of total network hashrate by the end of 2021

- Layer1 raised $50 million from Peter Thiel, Shasta Ventures, and others in November

- They are working on their own mining hardware, planned to be ready mid 2020

[Lauda]

Did anyone post this yet?

[German] Trade Bitcoin on the national stock exchange Börse Stuttgart
https://old.reddit.com/r/Bitcoin/comments/f6dhhg/german_trade_bitcoin_on_the_national_stock/


Go Bitcoin, go! 

[bkbirge]

It's like they wrote this article just for WO.
https://cointelegraph.com/news/bitcoin-only-exchange-coinfloor-now-focuses-on-consumer-btc-services

While the crypto community is talking about “altcoin season,” one of the world’s oldest crypto exchanges is calling BS on everything that is not BTC.

[bkbirge]

And then there's these guys. Reminding us all yet again that if you don't hold your private keys to your corn you aren't actually holding corn.
https://cointelegraph.com/news/poloniex-last-resort-trade-reversals-necessary-to-safeguard-trader-funds

The platform’s automated audit system picked up the affected trades and halted all withdrawals. Following that, the Poloniex team effectively reversed every trade that had been executed as a result of the bug

https://cointelegraph.com/news/binance-halts-trading-to-resolve-technical-problem

Binance co-founder and CEO Changpeng Zhao explained in a tweet sent earlier today that one of the market data pushers experienced an issue, but the matching engine did not, so no funds or data were lost. He also said in a separate message that futures trading is continuing normally since it employs a separate matching engine.

[LFC_Bitcoin]

Imagine not being the sole owner/holder of your private keys.

It’s fucking 2020, come on!

[JSRAW]

Imagine not being the sole owner/holder of your private keys.

It’s fucking 2020, come on!

No sympathy for careless individuals.