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

[8up]

Looks like someone flashed a Superdump signal on finex.

HOLD ON TO YOUR NUTZ/LABIAZ!!!

was it a 1 Mbiter or a 2 Mbiter?

[yefi]

...
The Four Punch Raiders are real. This picture was painted by a first-hand witness of their pillaging.

The jib covering over [whatever those square sails with "four punch" are called] came out nice

Its a fore-course.

I agree, thats the coolest graphic I've seen here for a while. Nice work.  Who's the face on the top left?

I don't think I should say, but whoever has investigated the origins of Satoshi should have an idea

[Micky25]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

http://www.ibtimes.co.uk/isis-bitcoin-not-used-by-daesh-terrorists-dark-web-facebook-twitter-still-common-1540319

[Poloniex Matthew]

looking at this chart I wonder how many people would have an incentive to borrow money at high interest just to paint some volume for us TA experts. I mean seriously, if I wanted to cash out 200k bitcoins, I would easily pay 30% p.a. interest for three weeks to borrow $10M. Given the only risk is that MtGox will not give me back my money I guess it would even be easy to convince some wealthy friend who is not at all into Bitcoin.

[LFC_Bitcoin]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

Good luck to them trying to find a way of enforcing that

[Dotto]

Bitcoin: bleeding since 2015(TM)

What a awful year... and seems to go worse

2015 an awful year?

Perhaps you were thinking of 2014, the only calendar year with a drop in the price of bitcoins.

2015 was actually a pretty good year for Bitcoin. It started around $300 and finished over $430 for an increase of over 40%. Not a bad year at all.

I mean awful 2016

[readysalted89]

Looks like someone flashed a Superdump signal on finex.

What's a Superdump signal? Was it the spike down to 365 lik the spike down to 367 on Bitstamp? There was a spike down about ten hours ago, but it didn't go as deep or have as much volume. Does the magnitude of a spike  determine how big a dump it precedes, or does a succession of spikes precede a dump?

[Elwar]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

Good luck to them trying to find a way of enforcing that

Just like in the US they would focus on the exchanges.

[mOgliE]

Bitcoin: bleeding since 2015(TM)

What a awful year... and seems to go worse

2015 an awful year?

Perhaps you were thinking of 2014, the only calendar year with a drop in the price of bitcoins.

2015 was actually a pretty good year for Bitcoin. It started around $300 and finished over $430 for an increase of over 40%. Not a bad year at all.

I mean awful 2016

Agreed! Just hope it's a black January and it won't go on very longer ^^

[bargainbin]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

Good luck to them trying to find a way of enforcing that

Stay wild, Rebel!

Yeah, darlin' Gonna make it happen Take the world in a love embrace Fire all of your guns at once And explode into space Like a true natures child You was born Born to be wild You can climb so high U never gonna diiiieeeee Born to be wiiiiiiiild Born to be wiiiiiiiiiild

[ChartBuddy]

Coin



Explanation

[valta4065]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

Good luck to them trying to find a way of enforcing that

Just like in the US they would focus on the exchanges.

What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc?

[a7mos]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

I do not think that they can control it at all, all what they can do is blocking bitcoin debit cards in EU countries and and blocking exchange sites, but they will not be able to forbade people from exchange BTC as indiviuals

[LMGTFY]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

Good luck to them trying to find a way of enforcing that

Just like in the US they would focus on the exchanges.

What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc?

The EC are concerned about the perceived anonymity of BTC transactions. US exchanges have AML/KYC measures in place - transactions aren't anonymous.

Edit:

The plan therefore calls for virtual currency exchange platforms to be brought under the scope of the European Anti-Money Laundering Directive, which would mean exchanges would have to report just who used their services and when they were used. The Action Plan says “The Commission will also examine whether to include virtual currency 'wallet providers'.”

[bargainbin]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

I do not think that they can control it at all, all what they can do is blocking bitcoin debit cards in EU countries and and blocking exchange sites, but they will not be able to forbade people from exchange BTC as indiviuals

Depends on how much & how these "individuals" trade

[valta4065]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

Good luck to them trying to find a way of enforcing that

Just like in the US they would focus on the exchanges.

What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc?

The EC are concerned about the perceived anonymity of BTC transactions. US exchanges have AML/KYC measures in place - transactions aren't anonymous.

Edit:

The plan therefore calls for virtual currency exchange platforms to be brought under the scope of the European Anti-Money Laundering Directive, which would mean exchanges would have to report just who used their services and when they were used. The Action Plan says “The Commission will also examine whether to include virtual currency 'wallet providers'.”

Ah ok.
Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin 

[bargainbin]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

Good luck to them trying to find a way of enforcing that

Just like in the US they would focus on the exchanges.

What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc?

The EC are concerned about the perceived anonymity of BTC transactions. US exchanges have AML/KYC measures in place - transactions aren't anonymous.

Edit:

The plan therefore calls for virtual currency exchange platforms to be brought under the scope of the European Anti-Money Laundering Directive, which would mean exchanges would have to report just who used their services and when they were used. The Action Plan says “The Commission will also examine whether to include virtual currency 'wallet providers'.”

I'm sure we will come up with something disruptively cunning and original, like not calling our exchange an exchange but a dice site which both accepts and lets you cash out in BTC or Euro.
Checkmate, Statist Pig!

[Poloniex Matthew]

It will still have some dips until they come up with a positive news that will make investors to come back to bitcoin from altcoins like ETH.

[valta4065]

It will still have some dips until they come up with a positive news that will make investors to come back to bitcoin from altcoins like ETH.

I don't understand why ETH has such a success right now.

What makes it really different from btc? I mean should I worry and decide to go on ethtalk.org? xD

[LMGTFY]

Europe wants end to anonymous Bitcoin transactions

Money-laundering powers seen as crimp on terror funds if virtual currencies offer (unlikely) help
3 Feb 2016 at 07:18, Simon Sharwood

http://www.theregister.co.uk/2016/02/03/ec_virtual_currency_regulation_suggestion/

Good luck to them trying to find a way of enforcing that

Just like in the US they would focus on the exchanges.

What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc?

The EC are concerned about the perceived anonymity of BTC transactions. US exchanges have AML/KYC measures in place - transactions aren't anonymous.

Edit:

The plan therefore calls for virtual currency exchange platforms to be brought under the scope of the European Anti-Money Laundering Directive, which would mean exchanges would have to report just who used their services and when they were used. The Action Plan says “The Commission will also examine whether to include virtual currency 'wallet providers'.”

Ah ok.
Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin 

Yeah, this is all kinda expected, it's really bringing exchanges in Europe in-line with exchanges in the US. And, as you say, people can still use localbitcoin or exchanges outside the EU (and the US). I suspect, though, that this is just the beginning (in the EU) - localbitcoin is already under attack in the US (Burt W here on BCT, for example) and I imagine it's just a matter of time before the EU clamp down on it because TERRORISM. AND DRUGS. And because the €500 note was feelin unloved.