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

[oda.krell]

...
leverage is not useful for me
i have money in the bank and bitcoins in my pocket

I got places to go and money to blow
Got three bucks in my pocket
And seven more at home

What I\m writing below is hardly a novel ...

*novella

So I take it your attention span matches the life expectancy of your accounts, eh?

[billyjoeallen]

Get ready for lift off gents. Trump will force Mexico onto Bitcoin.

https://www.donaldjtrump.com/positions/pay-for-the-wall

On day 1 promulgate a "proposed rule" (regulation) amending 31 CFR 130.121 to redefine applicable financial institutions to include money transfer companies like Western Union, and redefine "account" to include wire transfers. Also include in the proposed rule a requirement that no alien may wire money outside of the United States unless the alien first provides a document establishing his lawful presence in the United States.

Looks like Mr. Trump is gonna have to ban Bitcoin to make his Mexican Paywall work. He probably won't tho.

Right?

  g... guys?

Not enough spics even know about bitcoin for this to be an issue - much less their deserted relatives below the border.

Bitcoin was designed to work even if it is banned.  The business opportunity will be in Mexico converting BTC for pesos at a favorable exchange rate and then reselling the same coins back in the U.S.

[Tzupy]

Bitfinex is down now.

We'll be right back

TEMPORARILY UNAVAILABLE

We will be back online shortly. Sorry for the inconvenience.

[Hunyadi]

Get ready for lift off gents. Trump will force Mexico onto Bitcoin.

https://www.donaldjtrump.com/positions/pay-for-the-wall

On day 1 promulgate a "proposed rule" (regulation) amending 31 CFR 130.121 to redefine applicable financial institutions to include money transfer companies like Western Union, and redefine "account" to include wire transfers. Also include in the proposed rule a requirement that no alien may wire money outside of the United States unless the alien first provides a document establishing his lawful presence in the United States.

Looks like Mr. Trump is gonna have to ban Bitcoin to make his Mexican Paywall work. He probably won't tho.

Right?

  g... guys?

Good luck banning decentralized exchanges like Bitsquare.
https://bitsquare.io/

[JayJuanGee]

This rally won't stop until it has hit $490 then it will shrink back down. We have seen this all before. With the halving happening by then who knows, a new player to this is coming.

You have a real bad sense of market dynamics if you believe that prices stop/reverse at $490... sure it could stop before that time, but if prices make it it $490, we have pure momentum and psychology that easily brings us into the mid-$500s and more likely into the mid $600s... though, surely such momentum can stop at any time, it just takes a lot more effort to go against a trend, and when we hit certain price points, there becomes a strong trend and $490 is one of those price points that is likely upwards rather than a reversing point...

[JimboToronto]

Good morning Bitcoinland.

Still over $440 I see. Thought we might have corrected a bit more but we're hanging tough in the mid-$440s. Putting the $420s in the rear-view mirror seems to be a done deal.

Next stop... the $450s.

[JimboToronto]

Get ready for lift off gents. Trump will force Mexico onto Bitcoin.

https://www.donaldjtrump.com/positions/pay-for-the-wall

On day 1 promulgate a "proposed rule" (regulation) amending 31 CFR 130.121 to redefine applicable financial institutions to include money transfer companies like Western Union, and redefine "account" to include wire transfers. Also include in the proposed rule a requirement that no alien may wire money outside of the United States unless the alien first provides a document establishing his lawful presence in the United States.

You mean President Hillaryus?

[BitconAssociation]

You Canadians even got a president? A crew boss? Some sort of a druid lumber king?
What are you guys supposed to be, anyhow, some sort of a British protectorate?
Because I notice whenever you Canadians talk politics, it's always about US.

[Hunyadi]

...
Good luck banning decentralized exchanges like Bitsquare.
https://bitsquare.io/

WTF is that? I see "Philosophy" and "community," but no ticker? Another successful bitcoin project?

C'mon...don't be so lazy.
https://github.com/bitsquare/bitsquare/releases

[BitconAssociation]

...
Good luck banning decentralized exchanges like Bitsquare.
https://bitsquare.io/

WTF is that? I see "Philosophy" and "community," but no ticker? Another successful bitcoin project?

C'mon...don't be so lazy.
https://github.com/bitsquare/bitsquare/releases

Sry, not interested in trading with myself on testnet, you go right ahead tho. Become a testnet billionaire!!
BTW, didn't read the FAQ because, like oda.krell pointed out, zero attention span. How does actual folding money enter/leave the system?

[Equus]

You Canadians even got a president? A crew boss? Some sort of a druid lumber king?
What are you guys supposed to be, anyhow, some sort of a British protectorate?
Because I notice whenever you Canadians talk politics, it's always about US.

Our PM looks like Prince Charming and just explained quantum computing like a 5-year-old.

https://www.youtube.com/watch?v=4ZBLSjF56S8

[Elwar]

You Canadians even got a president? A crew boss? Some sort of a druid lumber king?
What are you guys supposed to be, anyhow, some sort of a British protectorate?
Because I notice whenever you Canadians talk politics, it's always about US.

Canada is a US corporation.

[Hunyadi]

Get ready for lift off gents. Trump will force Mexico onto Bitcoin.

https://www.donaldjtrump.com/positions/pay-for-the-wall

On day 1 promulgate a "proposed rule" (regulation) amending 31 CFR 130.121 to redefine applicable financial institutions to include money transfer companies like Western Union, and redefine "account" to include wire transfers. Also include in the proposed rule a requirement that no alien may wire money outside of the United States unless the alien first provides a document establishing his lawful presence in the United States.

Looks like Mr. Trump is gonna have to ban Bitcoin to make his Mexican Paywall work. He probably won't tho.

Right?

  g... guys?

Good luck banning decentralized exchanges like Bitsquare.
https://bitsquare.io/

"One may describe Bitsquare is as a fully decentralized​ version of LocalBitcoins,"...Yay! More shady meetups with cp vendors and drug dealers!

You can use SEPA, OKpay, etc. The exchange is just starting, but it has lots of potential. At least, it is impossible to take down.

[BitconAssociation]

...
You can use SEPA, OKpay, etc. The exchange is just starting, but it has lots of potential. At least, it is impossible to take down.

ELI5 who I wire actual irl money to, and why it won't get stolen immediately.

[Fatman3001]

Get ready for lift off gents. Trump will force Mexico onto Bitcoin.

https://www.donaldjtrump.com/positions/pay-for-the-wall

On day 1 promulgate a "proposed rule" (regulation) amending 31 CFR 130.121 to redefine applicable financial institutions to include money transfer companies like Western Union, and redefine "account" to include wire transfers. Also include in the proposed rule a requirement that no alien may wire money outside of the United States unless the alien first provides a document establishing his lawful presence in the United States.

Looks like Mr. Trump is gonna have to ban Bitcoin to make his Mexican Paywall work. He probably won't tho.

Right?

  g... guys?

Good luck banning decentralized exchanges like Bitsquare.
https://bitsquare.io/

"One may describe Bitsquare is as a fully decentralized​ version of LocalBitcoins,"...Yay! More shady meetups with cp vendors and drug dealers!

You can use SEPA, OKpay, etc. The exchange is just starting, but it has lots of potential. At least, it is impossible to take down.

... or registered fiat transactions to aforementioned lost souls.

Don't get me wrong, I'm curious to see how this works out, but I'll probably watch from the sidelines. The anarco nutters will probably fap their back out with this though.

[Equus]

...
You can use SEPA, OKpay, etc. The exchange is just starting, but it has lots of potential. At least, it is impossible to take down.

ELI5 who I wire actual irl money to, and why it won't get stolen immediately.

1) The bitcoins are programmed to be released only when two of three people agree that the money has been received.
2) When the money gets to your bank account you and the buyer release your coins.
3) If you lie about it, the buyer and a random aribitrator release your coins.

Not sure that I would trust it...  but seems legit.

[JimboToronto]

You Canadians even got a president?

Our PM looks like Prince Charming and just explained quantum computing like a 5-year-old.

https://www.youtube.com/watch?v=4ZBLSjF56S8

You're wasting your breath. Pearls before swine.

Thank gawd we have a prime minister who has no more vote than any other minister, and not some despot with absolute powers (and a veto).

[Hunyadi]

...
You can use SEPA, OKpay, etc. The exchange is just starting, but it has lots of potential. At least, it is impossible to take down.

ELI5 who I wire actual irl money to, and why it won't get stolen immediately.

1) The bitcoins are programmed to be released only when two of three people agree that the money has been received.
2) When the money gets to your bank account you and the buyer release your coins.
3) If you lie about it, the buyer and a random aribitrator release your coins.

Not sure that I would trust it...  but seems legit.

Yep. I have downloaded it but not used yet. There's still something like 0.5 BTC limit/transaction in the beta version. I think decentralized exchanges are very important because they kind of make bitcoin(crypto) impossible to ban.

[Fatman3001]

You Canadians even got a president?

Our PM looks like Prince Charming and just explained quantum computing like a 5-year-old.

https://www.youtube.com/watch?v=4ZBLSjF56S8

You're wasting your breath. Pearls before swine.

Thank gawd we have a prime minister who has no more vote than any other minister, and not some despot with absolute powers (and a veto).

That video fried my brain when it came out. Everyone, from the norwegian news site where I originally saw it to the youtube comment section, seem to think what he's saying is correct.

I got IT crowd flashbacks.

https://www.youtube.com/watch?v=UTBsm0LzSP0

[Elwar]

...
You can use SEPA, OKpay, etc. The exchange is just starting, but it has lots of potential. At least, it is impossible to take down.

ELI5 who I wire actual irl money to, and why it won't get stolen immediately.

1) The bitcoins are programmed to be released only when two of three people agree that the money has been received.
2) When the money gets to your bank account you and the buyer release your coins.
3) If you lie about it, the buyer and a random aribitrator release your coins.

Not sure that I would trust it...  but seems legit.

Did this with a SEPA transfer on bitquick once. The guy sent me 180 euro. I saw the transfer go through to my account. I released the bitcoins.

2 days later my bank calls me and says the person's account that sent me the money was hacked and that they needed to refund the 180 euro. Nothing I could do at that point.