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

[Last of the V8s]

https://thepaypers.com/cryptocurrencies/cashaa-to-launch-crypto-friendly-online-bank-in-india--1245076

UK-based online banking platform Cashaa has announced plans to launch a crypto-friendly online bank in India.

Cashaa India will allow Indian businesses and individuals to open a savings account with them and buy, store, and save cryptocurrencies. For lending, they will be adding crypto assets classed together with gold and real estate as collateral.

As those at Cashaa say, Indian banks are reluctant to provide banking services to the crypto users. Cashaa has provided B2B banking services to most Indian cryptocurrency companies. The launch of the online bank will allow the platform to extend its crypto and banking services to individuals as well.

[Karartma1]

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

Good point, pal, good point. 

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.

Yes, those are the things that ruin the start of the week too.

[aesma]

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.

I like how they start with "It also serves a vital purpose in repressive states to protect journalists, human rights defenders and other vulnerable people" but then talk about authorities having access. Who are the authorities in "repressive states" if not the ones doing the repressing ?

[bitebits]

^ Wrong on so many different levels.

[Lucius]

https://thepaypers.com/cryptocurrencies/cashaa-to-launch-crypto-friendly-online-bank-in-india--1245076

UK-based online banking platform Cashaa has announced plans to launch a crypto-friendly online bank in India.

Cashaa India will allow Indian businesses and individuals to open a savings account with them and buy, store, and save cryptocurrencies. For lending, they will be adding crypto assets classed together with gold and real estate as collateral.

As those at Cashaa say, Indian banks are reluctant to provide banking services to the crypto users. Cashaa has provided B2B banking services to most Indian cryptocurrency companies. The launch of the online bank will allow the platform to extend its crypto and banking services to individuals as well.

I wouldn't even trust them to take care of my pet, let alone crypto. A company that uses an online wallet to store its funds, while allowing it to be hacked really shouldn’t be in any business that involves finances.

Cashaa claimed the hacker installed malware into the computer that the exchange uses to make user withdrawals and other such transactions. The malware purportedly notified the hacker when an employee logged in at 1:23 p.m. on July 10 and made two transfers. The hacker is alleged to have taken over the Blockchain.info wallet and transferred 336 BTC to his address. All this happened in just 3 minutes.

[Last of the V8s]

bugger.
thanks Lucius

[bitebits]

https://blockstream.info/tx/30aac0c2fd89bce5299344d2f1d8ed2aea5ebe03b662c96fc2d7b70515f238e6?output:0


1000 BTC freshly mined in 2010 moved 165 blocks ago.

[nullius]

N̵̖̙͉̝̈́̀͒̉̇͂́͛̀̋̕Ơ̸̢̛̙̼̙̥͉͈̤̤͍͚͌͒̋̾̂̀͐̑̍̌̆͝Ţ̴̡̡̢̛̺̺̔̾̔͛̐̾̈́̆̈́̔̚͜͝ͅ ̵̨̜̟͉̱̞͓̰̼̗̟̫͚̣̲̽Ȳ̵̧̳̫̮̖̘̝̜͔̲͕͇͕̈́͘Ö̷̥̮̱͖͍͊̀̑͊U̵͓̺̗̘͍̰̣̙̣̬͖̼͊͑͆̈̒̔̔͐̄̌̂̽́Ŗ̵͈̫͉̣̻͇̘͔̪͇͙̫̇̆̈̃͌̔̎̊͒̎̊̈́̽̕ ̴̛̙̖͉͎̩̲̻̟͓̞̌͊̈́͑̀̀̈́͛͛̿̍͘̚K̷͖̜̻̹͚̜̲̣̏̅̌͆̕͘E̴̢̙̜͗̏̏̊͌̕͜͝ͅỲ̷̢͇̠̱̩̘̣̫͚͑̒͒͜͜͜͝S̴̨̛͖͔͕̬̟͍͚̳̺̙͚̖̘̣̾̀̌̒

ⓃⓄⓉ ⓎⓄⓊⓇ ⒸⓄⒾⓃⓈ

[Last of the V8s]

https://twitter.com/Ben__Rickert/status/1315522506996895744

The Central Bank Game Plan In Under 3 Minutes - Richard Werner

Be a bank.

[NeuroticFish]

This is why "they" are afraid of Bitcoin, this is possible only with cash: https://www.insider.com/british-woman-detained-for-2-million-british-pounds-in-suitcase-2020-10
Finding out how can people get to actually have shitloads of undeclared money means hard work and more people to work on that.

[ivomm]

DeFi explained for noobs

https://twitter.com/maxkeiser/status/1315297510697644034

[BitcoinGirl.Club]

N̵̖̙͉̝̈́̀͒̉̇͂́͛̀̋̕Ơ̸̢̛̙̼̙̥͉͈̤̤͍͚͌͒̋̾̂̀͐̑̍̌̆͝Ţ̴̡̡̢̛̺̺̔̾̔͛̐̾̈́̆̈́̔̚͜͝ͅ ̵̨̜̟͉̱̞͓̰̼̗̟̫͚̣̲̽Ȳ̵̧̳̫̮̖̘̝̜͔̲͕͇͕̈́͘Ö̷̥̮̱͖͍͊̀̑͊U̵͓̺̗̘͍̰̣̙̣̬͖̼͊͑͆̈̒̔̔͐̄̌̂̽́Ŗ̵͈̫͉̣̻͇̘͔̪͇͙̫̇̆̈̃͌̔̎̊͒̎̊̈́̽̕ ̴̛̙̖͉͎̩̲̻̟͓̞̌͊̈́͑̀̀̈́͛͛̿̍͘̚K̷͖̜̻̹͚̜̲̣̏̅̌͆̕͘E̴̢̙̜͗̏̏̊͌̕͜͝ͅỲ̷̢͇̠̱̩̘̣̫͚͑̒͒͜͜͜͝S̴̨̛͖͔͕̬̟͍͚̳̺̙͚̖̘̣̾̀̌̒

ⓃⓄⓉ ⓎⓄⓊⓇ ⒸⓄⒾⓃⓈ

Nice one. It seems your fonts are covid 19 positive 😛

[serveria.com]

This is why "they" are afraid of Bitcoin, this is possible only with cash: https://www.insider.com/british-woman-detained-for-2-million-british-pounds-in-suitcase-2020-10
Finding out how can people get to actually have shitloads of undeclared money means hard work and more people to work on that.

I really don't get it why these money mules are still in business after crypto was invented. Also not sure why money transfer businesses are still afloat (like WU, Moneygram etc.). Guys ffs, it's 2020 and you don't have to smuggle those suitcases full of cash! 

[El duderino_]

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

Hahaha

Lol lol lol lol lol
Laugh out loud, as L O L
Lol lol lol lol lol

[El duderino_]

Hey @El Duderino_ what is happening over there??

So here's a map of Belgium.
The 1st map are the infections of #COVID19 cases per 100 000 in the last 14 days.
The 2nd map is a map of different languages spoken in Belgium.
🤔

https://twitter.com/whalepanda/status/1315189715956568064?s=21

As with everything the dude doesn’t know..... the dude abides 😅

[lightfoot]

This is why "they" are afraid of Bitcoin, this is possible only with cash: https://www.insider.com/british-woman-detained-for-2-million-british-pounds-in-suitcase-2020-10
Finding out how can people get to actually have shitloads of undeclared money means hard work and more people to work on that.

Always good to remember that money is never *your* money. It's the Govt's money, always has been....

[JimboToronto]

Good morning Bitcoinland and happy Thanksgiving to all the other Canucks around here.

Still hanging in over $11k... currently $11345USD/$14890CAD (Bitcoinaverage).

Go Bitcoin go.

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

Indeed. Our Sunday "haikus" are basically just doggerel.

Not only is a true haiku flexible in form it should be an image of bucolic nature.

A haiku about anything else is like a limerick that's not about sex.

Killer snails?

[Lucius]

bugger.
thanks Lucius

You're welcome - I hope they learned something from their mistake, which cost them dearly - but it has damaged their reputation even more. I think you have to be extra stupid to keep 300+ BTC in crypto online wallet. I don't know how else to call someone who thinks like that - and unfortunately there are a lot of them out there.

[ivomm]

Kabooom!

(Listeneng ACDC "This house is on fire") 

[jojo69]

This is why "they" are afraid of Bitcoin, this is possible only with cash: https://www.insider.com/british-woman-detained-for-2-million-british-pounds-in-suitcase-2020-10
Finding out how can people get to actually have shitloads of undeclared money means hard work and more people to work on that.

Always good to remember that money is never *your* money. It's the Govt's money, always has been....