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

[bones261]

Had a nightmare that I woke up and the price was ~2,2k so it was quite surprising to see this upswing.

 That's not a nightmare; cheap coins would be awesome.  I want to get my 21 coins!

2.2 K would be great. May even tempt me to start accumulating.

[micalith]

Right, so what are the odds that Amazon announces that it was fake news just at the time that the price touches the downward trendline for a second time?

https://imgur.com/a/0QujC

[Torque]

Right, so what are the odds that Amazon announces that it was fake news just at the time that the price touches the downward trendline for a second time?

https://imgur.com/a/0QujC

My bet is on it being fake news. Amazon and other big retailers are completely politically captured by Visa/MC/PayPal and the big banking industry that they have relationships with. Amazon has had years to integrate Bitcoin payments, and they have done zero, with zero intention.

[Wekkel]

At this stage, I doubt they would have much customers paying with Bitcoin. It makes no sense for them at this moment.

[ragnar0k]

Given what Jeff Bezos said in the past about bitcoin, I'd give it a 0 chance of happening...
Also the only source for this FUD seems to be a dodgy website, don't think we need this kind of stuff right now

[Meuh6879]

  other source : https://icowatchlist.com/blog/amazon-begin-accepting-bitcoin-october/

[Meuh6879]

-bank-run-

Lol, I pretty much did this 4 years ago.

Yep, me too.
In 2014.

[cAPSLOCK]

Right, so what are the odds that Amazon announces that it was fake news just at the time that the price touches the downward trendline for a second time?

https://imgur.com/a/0QujC

I doubt Amazon announces they are NOT taking bitcoin. The question will be if they announce they are.

[conspirosphere.tk]

After she got the bank account unfrozen, she marched into the bank that very same day, cursed out the bank reps, withdrew all her money, and closed the account. She told the bank reps that it was a draconian, fascist dick move to freeze her account like that, and that she would never ever bank with them again.

And who was the bank in question? Yep, you guessed it: Chase.  

The fault was likely all of the state mandating the freeze. But it's a good example of a major bitcoin use case (asset protection).

[Last of the V8s]

If you told me a year ago China would be 5th in trading volume and we'd be at 3700 I'd have punched you in the face on general principle. But here we are.

What if I told you this time next year Costa Rica will be the centre of the Bitcoin universe and we'll be at 18500? How violent will you get then?
One would hope for broken bones at the very least.

[Torque]

After she got the bank account unfrozen, she marched into the bank that very same day, cursed out the bank reps, withdrew all her money, and closed the account. She told the bank reps that it was a draconian, fascist dick move to freeze her account like that, and that she would never ever bank with them again.

And who was the bank in question? Yep, you guessed it: Chase.  

The fault was likely all of the state mandating the freeze. But it's a good example of a major bitcoin use case (asset protection).

Well yeah. But the bigger point here is that Average Joe is oblivious to the fact that state governments apparently have that power. To just send a freeze notice to a person's bank with no advanced warning, no grace period for compliance resolution, nothing. And that the bank will just roll over and do it without question or hesitation. As if the bank customer's situation or rights don't matter at all. You're just considered guilty until proven innocent.

I could see that if it were the Federal Govt, FBI, or the IRS. But a state govt with this power? Without a court order or even probable cause? Fkn bullshit.

[xhomerx10]

Can I live on bitcoin for a week?

I thought I'd lost my wallet on a family day out today and I've cancelled all my cards and business cards etc. And now just as I put the phone down I have had a call saying my wife's friend accidentally took it home with her in her baby change bag.

Fuck sake.

 I can't even imagine the scenario that results in my wallet ending up in my wife's friend"s baby's change bag or any scenario requiring 3 possessives in a row for that matter!  I have not lived...
 I can sympathize though; it's a pain in the ass having to get all new banking/credit cards but on the bright side, you don't have to worry about identity theft.

[rjclarke2000]

Can I live on bitcoin for a week?

I thought I'd lost my wallet on a family day out today and I've cancelled all my cards and business cards etc. And now just as I put the phone down I have had a call saying my wife's friend accidentally took it home with her in her baby change bag.

Fuck sake.

 I can't even imagine the scenario that results in my wallet ending up in my wife's friend"s baby's change bag or any scenario requiring 3 possessives in a row for that matter!  I have not lived...
 I can sympathize though; it's a pain in the ass having to get all new banking/credit cards but on the bright side, you don't have to worry about identity theft.

Typically I was informed of her having the wallet as soon as I'd made the last call to the bank cancelling my cards.

Unbelievable

[rjclarke2000]

Today is a big day.

I am moving from being a paper wallet bitch to hardware wallet whore.

[Torque]

Today is a big day.

I am moving from being a paper wallet bitch to hardware wallet whore.

Trezor?

[fabiorem]

other source : https://icowatchlist.com/blog/amazon-begin-accepting-bitcoin-october/

I hope they spread more news about it like fire, even if its fake. We will have a small bull run.

Then, after that, lots of news in mid-October saying the information is fake.

The pigs will get slaughtered, eventually, and we will have a small bear run, followed by Amazon announcing they will now accept bitcoins by December, right before Christmas. Then bull run + bear correction + official announcing = 6k easy.

[rjclarke2000]

Today is a big day.

I am moving from being a paper wallet bitch to hardware wallet whore.

Trezor?

Yes Torque

[cAPSLOCK]

other source : https://icowatchlist.com/blog/amazon-begin-accepting-bitcoin-october/

I hope they spread more news about it like fire, even if its fake. We will have a small bull run.

Then, after that, lots of news in mid-October saying the information is fake.

The pigs will get slaughtered, eventually, and we will have a small bear run, followed by Amazon announcing they will now accept bitcoins by December, right before Christmas. Then bull run + bear correction + official announcing = 6k easy.

Lithium might make your condition somewhat better.

[Torque]

Today is a big day.

I am moving from being a paper wallet bitch to hardware wallet whore.

Trezor?

Yes Torque

Good man. I have one too. Love it. Couldn't imagine not having one now.

I have a backup one as well.

My two Trezors are known as 'Gandalf the Gray' and 'Gandalf the White'. Lol.

[rjclarke2000]

Today is a big day.

I am moving from being a paper wallet bitch to hardware wallet whore.

Trezor?

Yes Torque

Good man. I have one too. Love it. Couldn't imagine not having one now.

I have a backup one as well.

My two Trezors are known as 'Gandalf the Gray' and 'Gandalf the White'. Lol.

I have the white. So did you just insert the seed of the 1st into the second to use it as a back up?

Sorry, but if a noob with hardware wallets.