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

[Cconvert2G36]

I see Kraken are blacklisting NY due to their crazy new BTC regulations.

This is most definitely 'bad news' for all things Bitcoin 

It must be a nightmare for bitcoiners living in New York now. The only way I imagine they can do business with exchanges that have blacklisted New York is through a VPN. I have never tried accessing an exchange through a VPN but I wonder if the exchanges have also blacklisted any IP addresses they detect as VPN IP addresses.

Further, when submitting their KYC documents New York residents have also probably had to tell the exchanges they are from New York. Perhaps students with bank account addresses at their non-New York parents might be OK.

Whew, dodged a bullet there.

[ChartBuddy]

Coin
Explanation

[gotmilk_]

I see Kraken are blacklisting NY due to their crazy new BTC regulations.

This is most definitely 'bad news' for all things Bitcoin 

All other serious exchanges are applying.
Bitfinex simply doesn't want to be regulated anywhere because of the lending (btc/fiat), maybe the same is with Kraken.

[shmadz]

Seems like 300$ dream is dead

Yeah, the dream is dead forever, never reach 300 ever again, dump everything you have, fiat is the only safe money, your government knows best, don't bother thinking for yourself, trust in what you are told by the Telescreen.

War is Peace.
Freedom is Slavery.
Ignorance is Strength.

[gentlemand]

People who dream of $300 either have some cognitive problems or a severe lack of imagination.

[Brewins]

Seems like 300$ dream is dead

until the next pump caused by the next economic or political doom and fear scenario that will ends in nothing

(happen every couple of months recently)

[spiderbrain]

War is Peace.
Freedom is Slavery.
Ignorance is Strength.

Blessings of the state.

[abercrombie]

Seems like 300$ dream is dead

The force is strong in the red dildo candles.

[ChartBuddy]

Coin
Explanation

[Spider-Carnage]

I blame this prolonged dip into $260 on bitlicense. New York is too important a player to just drop from already established exchanges. Let's see if I'll be able to scoop up some coins at $220. I'll be excited to rip off ^{I mean} buy some bitcoin from whoever sells it at that price.

PS: anyone selling their bitcoin under $300 is being ripped off.

[coinableS]

People who dream of $300 either have some cognitive problems or a severe lack of imagination.

Yea $300 is nothing... unless they were dreaming of $300 per mBTC. That wouldn't be too bad 

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[derpinheimer]

I dont even understand how ppl keep saying its the end of btc while its being more and more used

Honestly I found this chart very underwhelming.
https://blockchain.info/charts/n-transactions-excluding-chains-longer-than-100?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

And this one
https://blockchain.info/charts/estimated-transaction-volume-usd?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

[micky123]

I dont even understand how ppl keep saying its the end of btc while its being more and more used

Honestly I found this chart very underwhelming.
https://blockchain.info/charts/n-transactions-excluding-chains-longer-than-100?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

And this one
https://blockchain.info/charts/estimated-transaction-volume-usd?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Going by the second chart, it looks like btc is stabilizing around a certain range. My understanding of the first chart is that people are hoarding btc and not using them to purchase stuff, hence the drop in tx volume. Maybe i am just an optimist though lol! 

[Cconvert2G36]

I dont even understand how ppl keep saying its the end of btc while its being more and more used

Honestly I found this chart very underwhelming.
https://blockchain.info/charts/n-transactions-excluding-chains-longer-than-100?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

And this one
https://blockchain.info/charts/estimated-transaction-volume-usd?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Definitely premature to be cryptasming all over the joint.

[ask]

I dont even understand how ppl keep saying its the end of btc while its being more and more used

Honestly I found this chart very underwhelming.
https://blockchain.info/charts/n-transactions-excluding-chains-longer-than-100?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

And this one
https://blockchain.info/charts/estimated-transaction-volume-usd?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Definitely premature to be cryptasming all over the joint.

Yes, price should go to levels before July 2015

[shmadz]

   Chin up, Buttercup!

Awww, thanks lamp chop, I can always count on you to cheer me up!

(Also, chopinscript? Really? ---Nice touch.)

[ChartBuddy]

Coin
Explanation

[CEG5952]

So the $300 dream is good as dead now? But the $500 dream still intact in my brain. I don't know why. Maybe because of the incoming halving?