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

[El duderino_]

Sunday's incomplete
on this Wall of ours without
a rash of haiku:

Twitter is bullish,
the chartists see a fractal,
companies stock up.

"I've held long enough,
I want a house and a car,
Sir please, when is moon?"

My gif folder bulges
with rockets, trains and, oddly,
violin pictures.

They predict a bull
from now till end of next year,
with minor pullbacks -

the regulators
want a slice of our damn pie;
hackers too no doubt;

Lightning's there but
not quite ready for mainstream;
elections threaten -

Not all plain sailing.
Still, up, mostly up, and more up.
Then ... back down again?

A perfect Haiku...
Replenishments a biatch!
Sorry LAST V 8!

[El duderino_]

Price inflation is artificial, a consequence of wealth confiscation.

Price deflation is natural, a benefit of improved productivity from higher intensity trade and innovation.

Inflation is theft. Deflation is a gift.
https://twitter.com/Breedlove22/status/1315245509636878336?s=20

[Paashaas]

Supply keeps dropping on exchanges.

[JimboToronto]

Good morn Bitcoinland.
One one three eight four dollars
(Bitcoinaverage).

Eleven thousand
Is holding nicely
Go go Bitcoin go.

-snip-

My gif folder bulges
with rockets, trains and, oddly,
violin pictures.

-snip-

A perfect Haiku...

Almost... but you see
"My GIF folder bulges" is
Six syllables long.

I apologize.
Sorry I'm a nitpicker.
Form must be maintained.

Even if it means
Being annoying as hell.
I have to do it.

[fillippone]

Interesting report from Coincecko.

CoinGecko 2020 Q3 Full Report



There is a supply drain from exchanges because liquidity is being sucked on DEX’s due to the DeFi frenzy.

[Toxic2040]

Sunday's incomplete
on this Wall of ours without
a rash of haiku:

Twitter is bullish,
the chartists see a fractal,
companies stock up.

"I've held long enough,
I want a house and a car,
Sir please, when is moon?"

My gif folder bulges
with rockets, trains and, oddly,
violin pictures.

They predict a bull
from now till end of next year,
with minor pullbacks -

the regulators
want a slice of our damn pie;
hackers too no doubt;

Lightning's there but
not quite ready for mainstream;
elections threaten -

Not all plain sailing.
Still, up, mostly up, and more up.
Then ... back down again?

[Phil_S]

Since '2x per year' trendline is so popular now , here it is, magnified:



Really looking forward to $12800.

[Last of the V8s]

https://www.courtlistener.com/docket/17170760/1/bma-llc-v-hdr-global-trading-limited/?s=09

I did not know about this crazy Rico case against Bitmex from earlier in the year.

Seems to rest on their use of American services, but as we know, they did take care to bounce you off if you forgot to use a vpn and logged in from USA.

Guess they really want a piece of that pie.

[Karartma1]

Since '2x per year' trendline is so popular now , here it is, magnified:



Really looking forward to $12800.

It surely is! Please allow me to like the original one which is more relaxing than this one. I'll keep some merits for you.
I am about to print the 2x * yr chart and put it on my wall so when I wake up I remind to myself where we are going. 

[Last of the V8s]

Nice work, Sunny Jim.
You're both right and wrong. Still, I
better learn to count.

[cAPSLOCK]

https://www.courtlistener.com/docket/17170760/1/bma-llc-v-hdr-global-trading-limited/?s=09

I did not know about this crazy Rico case against Bitmex from earlier in the year.

Seems to rest on their use of American services, but as we know, they did take care to bounce you off if you forgot to use a vpn and logged in from USA.

Guess they really want a piece of that pie.

Who on Earth is BMA LLC?

[Phil_S]

I am about to print the 2x * yr chart and put it on my wall so when I wake up I remind to myself where we are going. 

Black background might be bad for printing, here's white background version:

https://i.imgur.com/7QUUGJc.png

[Last of the V8s]

https://www.courtlistener.com/docket/17170760/1/bma-llc-v-hdr-global-trading-limited/?s=09

I did not know about this crazy Rico case against Bitmex from earlier in the year.

Seems to rest on their use of American services, but as we know, they did take care to bounce you off if you forgot to use a vpn and logged in from USA.

Guess they really want a piece of that pie.

Who on Earth is BMA LLC?

coindesk, so archived https://archive.is/lrbu3

"patent troll" / front for usg / powerful people ?

[AlcoHoDL]

Who's that? That's Beaumont!
Who's Beaumont? An employee...
...I had to let go.

#jackiebrownhaiku

[cAPSLOCK]

https://www.courtlistener.com/docket/17170760/1/bma-llc-v-hdr-global-trading-limited/?s=09

I did not know about this crazy Rico case against Bitmex from earlier in the year.

Seems to rest on their use of American services, but as we know, they did take care to bounce you off if you forgot to use a vpn and logged in from USA.

Guess they really want a piece of that pie.

Who on Earth is BMA LLC?

coindesk, so archived https://archive.is/lrbu3

"patent troll" / front for usg / powerful people ?

How did I miss this before?

This definitely supports my "somebody big wants the whole cake" theory.

It's very bullish and potentially terrible at the same time...

But who would be hiding this way:

1.  Some rich unknown(s)?  - Probably not.
2.  A cabal of existing companies - slightly more likely. Jaime Dimon does not want us to know that he's going all in
3.  THE Cabal? - Most likely... the big dogs themselves.... dressed up as a Puerto Rican street person.  Kaiser Soze basically, but the TPTB version.

If it is #3, and yes I am losing my mind, what does that mean? 

Fu&k.  This is going to ruin my Sunday nap.

[Last of the V8s]

wait what?
you only have one nap on a Sunday?

[Last of the V8s]

Two one, two one, two
one. Two one, two one, two one.
Two-oo-oo wo-one.

[OutOfMemory]

Two one, two one, two
one. Two one, two one, two one.
Two-oo-oo wo-one.

That's actually kinda trippy, with a lot of analog delay

no haiku today
from me, OutOfMemory
part two, to make it true

#nohaiku

[Last of the V8s]

The nineties called and wants their encryption wars back

https://www.justice.gov/opa/pr/international-statement-end-end-encryption-and-public-safety

In light of these threats, there is increasing consensus across governments and international institutions that action must be taken: while encryption is vital and privacy and cyber security must be protected, that should not come at the expense of wholly precluding law enforcement, and the tech industry itself, from being able to act against the most serious illegal content and activity online.

ruined my third Sunday nap

    Embed the safety of the public in system designs, thereby enabling companies to act against illegal content and activity effectively with no reduction to safety, and facilitating the investigation and prosecution of offences and safeguarding the vulnerable;
    Enable law enforcement access to content in a readable and usable format where an authorisation is lawfully issued, is necessary and proportionate, and is subject to strong safeguards and oversight; and
    Engage in consultation with governments and other stakeholders to facilitate legal access in a way that is substantive and genuinely influences design decisions.

[cAPSLOCK]

Two one, two one, two
one. Two one, two one, two one.
Two-oo-oo wo-one.

That's actually kinda trippy, with a lot of analog delay

no haiku today
from me, OutOfMemory
part two, to make it true

#nohaiku

https://www.sndup.net/9k8g/21.mp3