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

[AlcoHoDL]

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

At least this one is bullish on BTC. $500,000 per coin, ahhhhh **daydreams**

How I'd love to see the shop owner's face when I tell her that the 1 BTC I bought in 2015 from her shop's newly installed Bitcoin ATM (then worth $220), is now worth $500k.   

I may pay her a visit when this happens. I do hope she bought some BTC for herself...

[JSRAW]

CCP says Indian ban on 50+ Chinese app is against the WTO rules and very discriminatory.

Meanwhile Facebook, Twitter, Quora, Google etc etc etc

 

[JayJuanGee]

"Bitcoin adoption in Africa is setting all-time highs every week now.

In just 3 months, P2P volumes are up:

125% in Nigeria
199% in Kenya
194% in South Africa
257% in Ghana

Combined, these four currencies are now exchanging over $15M USD/week of Bitcoin."


https://twitter.com/kerooke/status/1277964516043583494

When I look down the tweet thread, there is a claim that they are using data from this website:

https://www.usefultulips.org/Combined_World_Page.html

Which apparently is largely relying on P2P data from paxful and local bitcoins which may not tell the full story.

Of course, there might be better sources that attempt to show the trading volume of more p2p trading places, too.

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

Max has been a bullish nutjob in the space for a quite a long time... like around 10 years or so.  Of course, sometimes he is nuttier and more outlandish than at other times, but largely he has been directionally correct, even while some of his specific have sometimes been a bit off, while he frequently proclaims to get quite a bit right, which probably contributes to his being perceived as being ongoingly overly excited..    

Overly bullish or overly excited in the positive direction does not really bother me very much, especially given what asset class and actual dynamics we are talking about in bitcoin, which remain faucking amazing on an regular mindtripping basis... I hardly can believe it myself (sometimes I have to slap myself    ), in terms of what I have been witnessing in the past 6.5 years or so (in terms of both reviewing and learning bitcoin-related history and even how development, adoption and theoretical discussions have been playing out).

[dragonvslinux]

Don't know if anyone else posted this, but the no.2 richest bitcoin whale (with 0.5% of supply) just made a move...



Source: https://twitter.com/BtcBlockBot/status/1276652510204366852
Tx: https://www.blockchain.com/btc/tx/ccba4d6a4745d99f0a4946610387f86046a17852fc073fb65d837407a25cfd5c
Article: https://dailyhodl.com/2020/06/30/crypto-whale-drains-enormous-bitcoin-wallet-in-936000000-transaction-heres-where-the-btc-is-heading/

Some are now speculating over a dump, but no-one in their right mind with 100K Bitcoin would be dumping on the open spot market surely. The price would literally go to zero based on combined order book liquidity being less than $933m. It therefore wouldn't even be possible to sell it all using all exchanges, you'd still be short around 6K BTC 

Looks like they just chipped off 5K Bitcoin for some other purpose, possibly an OTC trade, similar to the initial 100K transaction in April when 5K was also put elsewhere. Both 5K transactions haven't ended up to exchanges yet. Good chance this is an exchange wallet imo. Thoughts?

[infofront]

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

And I thought I was a BTC maximalist.

Bitcoin is the Mona Lisa of the 21st century: it’s self-aware, it is observing us through the quantum mechanical aspects of technology, and it’s channeling the eyes of God.

[JayJuanGee]

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

At least this one is bullish on BTC. $500,000 per coin, ahhhhh **daydreams**

How I'd love to see the shop owner's face when I tell her that the 1 BTC I bought in 2015 from her shop's newly installed Bitcoin ATM (then worth $220), is now worth $500k.    

I may pay her a visit when this happens. I do hope she bought some BTC for herself...

Verify that she is not holding any wrench or wrench-like object when you disclose this information to her.  

You will thank me later.    

Don't know if anyone else posted this, but the no.2 richest bitcoin whale (with 0.5% of supply) just made a move...



Source: https://twitter.com/BtcBlockBot/status/1276652510204366852
Tx: https://www.blockchain.com/btc/tx/ccba4d6a4745d99f0a4946610387f86046a17852fc073fb65d837407a25cfd5c
Article: https://dailyhodl.com/2020/06/30/crypto-whale-drains-enormous-bitcoin-wallet-in-936000000-transaction-heres-where-the-btc-is-heading/

Some are now speculating over a dump, but no-one in their right mind with 100K Bitcoin would be dumping on the open spot market surely. The price would literally go to zero based on combined order book liquidity being less than $933m. It therefore wouldn't even be possible to sell it all using all exchanges, you'd still be short around 6K BTC  

Looks like they just chipped off 5K Bitcoin for some other purpose, possibly an OTC trade, similar to the initial 100K transaction in April when 5K was also put elsewhere. Both 5K transactions haven't ended up to exchanges yet. Good chance this is an exchange wallet imo. Thoughts?

My thoughts are that your thoughts are largely reasonable.   

[JSRAW]

"Bitcoin adoption in Africa is setting all-time highs every week now.


https://twitter.com/kerooke/status/1277964516043583494

When I look down the tweet thread, there is a claim that they are using data from this website:

https://www.usefultulips.org/Combined_World_Page.html

Which apparently is largely relying on P2P data from paxful and local bitcoins which may not tell the full story.

Of course, there might be better sources that attempt to show the trading volume of more p2p trading places, too.

I think its about setting a narrative too " BTC Acceptance in Africa" sure they could have done better job by digging more but seems fine to me as long as numbers are going up, Sub Saharan African map looking good there anyway.

@jojo69 missing?

[LFC_Bitcoin]

Well fuck....


https://twitter.com/revain_org/status/1278009220248612865?s=21

[El duderino_]

Well fuck....


https://twitter.com/revain_org/status/1278009220248612865?s=21

Bitcoiners have waited longer before 

[JayJuanGee]

Bitcoin available in Australia post offices.

Bitcoin has been available at many post offices in the EU for years -> BTC Post offices

But if you want a real paradise for all crypto lovers come to Croatia and visit BitcoinStore, buy/sell crypto without any ID/KYC in the amount of 15000 HRK (2000 EUR) daily. If even that is not enough, hold your coins for at least 2 years after purchase and pay exactly 0% tax after sale

Following up to your above post, Lucius, perhaps Croatia was amongst the earlier (not the first, as you had said in a couple of your other posts) countries to really get into expanding bitcoin offerings through its post offices.

I just noticed that Daniel91 started such thread on the topic of the Croatian post office offerings in July 2019.  Initially it appears that the offer was only in one post office, and they would buy bitcoin and 4 other cryptos (aka shitcoins) with a 4% fee.  I noticed that you have a few posts in that thread too, Lucius.

Danial updated the status in January by asserting that bitcoin offerings in Croatia post offices had expanded - even though it started out as a kind of pilot project.  There was a notice that issued in mid-December that described that the expansion had gone to expanding the selling of bitcoin and the four other cryptos and expanded from 3 post offices to 55 post offices, and there seems to be some plans that the ability to buy (also) will be added at a later date, soon.^tm  You could translate this article to English.

Why is this news still rising to the top? Is it still possible to exchange crypto in Croatian post office??

Yes, of course
In the beginning it was just a pilot project and this service was available only in the 3 local post offices in Zadar.
Now, this service, crypto exchange, is available in all main post offices in Croatia, in every city in the country.
Great news for us, crypto lovers  

[Searing]

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

At least this one is bullish on BTC. $500,000 per coin, ahhhhh **daydreams**

With my HODL/Hoard...I'd be 'such an ass' at those prices...man.....I'd be the happiest prick on the planet...(hey money changes you big money would likely

would magnify my prissy personality to epic heights of pettiness) ....lol I wish it would do 1/2 of the above ....( i just wet myself a little bit from sheer happiness

re-reading above price expectation) dare to dream

[AlcoHoDL]

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

At least this one is bullish on BTC. $500,000 per coin, ahhhhh **daydreams**

How I'd love to see the shop owner's face when I tell her that the 1 BTC I bought in 2015 from her shop's newly installed Bitcoin ATM (then worth $220), is now worth $500k.    

I may pay her a visit when this happens. I do hope she bought some BTC for herself...

Verify that she is not holding any wrench or wrench-like object when you disclose this information to her.  

You will thank me later.    

Oh yes, bad idea, although I don't think she's the wrench-type girl! She's pretty too, and sweet. But the prospect of several $M can do a lot of things to people, so better be VERY careful when that $500k/BTC time comes...

I remember, I bought my first Bitcoin from her, kept it in a wallet app on my phone, and forgot about it (thinking I'd just wasted $220). After 3 months I launched my wallet app and saw the balance was $350+, at which point I arranged a visit to her shop and bought 3 more coins. She even suggested we do a wallet-to-wallet transaction (bypassing the ATM), which we did. I think the ATM company had given her access to a wallet for larger amount transactions.

So, yeah, she knows way too much about my Bitcoin activities... A $5 wrench is too damn cheap. And too damn effective!

[Hueristic]

Pigs attack again🐷 - The Chinese say the new virus has the potential to become pandemic👨‍🔬

https://www.dw.com/en/chinese-study-warns-new-swine-flu-virus-has-pandemic-potential/a-53997157

"Every indication is that the G4 virus would have to undergo some evolutionary change to spread readily in people, and it may never do that," tweeted Carl Bergstrom, a biologist at the University of Washington.

Well if nothing else its nice to see china not trying to hide this as they have done in the past.


I wonder why?

[DaRude]

Don't know if anyone else posted this, but the no.2 richest bitcoin whale (with 0.5% of supply) just made a move...



Source: https://twitter.com/BtcBlockBot/status/1276652510204366852
Tx: https://www.blockchain.com/btc/tx/ccba4d6a4745d99f0a4946610387f86046a17852fc073fb65d837407a25cfd5c
Article: https://dailyhodl.com/2020/06/30/crypto-whale-drains-enormous-bitcoin-wallet-in-936000000-transaction-heres-where-the-btc-is-heading/

Some are now speculating over a dump, but no-one in their right mind with 100K Bitcoin would be dumping on the open spot market surely. The price would literally go to zero based on combined order book liquidity being less than $933m. It therefore wouldn't even be possible to sell it all using all exchanges, you'd still be short around 6K BTC  

Looks like they just chipped off 5K Bitcoin for some other purpose, possibly an OTC trade, similar to the initial 100K transaction in April when 5K was also put elsewhere. Both 5K transactions haven't ended up to exchanges yet. Good chance this is an exchange wallet imo. Thoughts?

It's coming from 3ECJwvx9VgfotcUuEJMVNvmWnTGVMk179L address which had 59.015 transactions, so most likely some exchange, they've been chipping off 5.000 chunks as they move it around

[Hueristic]

CCP says Indian ban on 50+ Chinese app is against the WTO rules and very discriminatory.

Meanwhile Facebook, Twitter, Quora, Google etc etc etc

 

The Committee on Foreign Investment in the United States (CFIUS) has launched an inquiry into whether the user data TikTok collects represents a national security risk. If this becomes a full-blown investigation it could even put the sale of the title, which was originally a US app called Musical.ly, in jeopardy.

I've no doubt trump would love to shut TikTok down. LMFAO

But even though it looks like India is doing it because of the border clashes the side effect of protecting its people from these invasive apps is a nice benefit that hopefully will spill over to other nations.

[Hueristic]

Don't know if anyone else posted this, but the no.2 richest bitcoin whale (with 0.5% of supply) just made a move...



Source: https://twitter.com/BtcBlockBot/status/1276652510204366852
Tx: https://www.blockchain.com/btc/tx/ccba4d6a4745d99f0a4946610387f86046a17852fc073fb65d837407a25cfd5c
Article: https://dailyhodl.com/2020/06/30/crypto-whale-drains-enormous-bitcoin-wallet-in-936000000-transaction-heres-where-the-btc-is-heading/

Some are now speculating over a dump, but no-one in their right mind with 100K Bitcoin would be dumping on the open spot market surely. The price would literally go to zero based on combined order book liquidity being less than $933m. It therefore wouldn't even be possible to sell it all using all exchanges, you'd still be short around 6K BTC  

Looks like they just chipped off 5K Bitcoin for some other purpose, possibly an OTC trade, similar to the initial 100K transaction in April when 5K was also put elsewhere. Both 5K transactions haven't ended up to exchanges yet. Good chance this is an exchange wallet imo. Thoughts?

Maybe the Brrrr machine made a OC /trade?

got my helmut!

[Hueristic]

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

And I thought I was a BTC maximalist.

Bitcoin is the Mona Lisa of the 21st century: it’s self-aware, it is observing us through the quantum mechanical aspects of technology, and it’s channeling the eyes of God.

Only a real scumbag would look for god in money.

[Hueristic]

@jojo69 missing?

Been wondering that as well.
I expected him to comment way back with that Procol Harum post.

[cAPSLOCK]

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

And I thought I was a BTC maximalist.

Bitcoin is the Mona Lisa of the 21st century: it’s self-aware, it is observing us through the quantum mechanical aspects of technology, and it’s channeling the eyes of God.

I can't say if he's right or wrong.

But I can say, without a glimmer of doubt that he's eaten plenty of acid.

[Torque]

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

And I thought I was a BTC maximalist.

Bitcoin is the Mona Lisa of the 21st century: it’s self-aware, it is observing us through the quantum mechanical aspects of technology, and it’s channeling the eyes of God.

I can't say if he's right or wrong.

But I can say, without a glimmer of doubt that he's eaten plenty of acid.