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

[gembitz]

new bitcoin police     weeee

https://www.sec.gov/news/press-release/2017-176

[vroom]

new bitcoin police     weeee

https://www.sec.gov/news/press-release/2017-176

is this related to ETF in any way? does this help to bring ETF on the way?

[Searing]

new bitcoin police     weeee

https://www.sec.gov/news/press-release/2017-176

Yeah, that is gonna work well if you are parked in BULGARIA ...I mean really?


they may find out stuff long after the scammers have gone to ground...

but hey, it makes the USA public 'feel good' about our 'evil, dirty, sexy crypto" (did I mention the 'public' is conflicted...)

whatever........

[empowering]

.....  and meanwhile back in the  Land of the Morning Calm the gaming giant Nexon https://en.wikipedia.org/wiki/Nexon just bought edit bought a 65% share of Korbit (and acquired managing rights) https://www.korbit.co.kr/?locale=en


so first Kakao and days later Nexon.....

hmmmkay

This is  interesting!!

https://www.upbit.com/home#  

https://news.bitcoin.com/koreas-largest-messenger-app-launching-exchange-with-110-cryptocurrencies/

The operator of Kakao Stock, a popular Korean securities trading app based on the country’s number one smartphone messenger app Kakao Talk, is launching a cryptocurrency exchange called Upbit. Over 110 cryptocurrencies will be supported initially including bitcoin, ether, and litecoin. The company says that it will be the largest digital currency exchange in South Korea.

(volume methinks)


Kakao Talk Mobile Messenger Has Over 100 Million Users - http://www.kakao.com/talk

https://en.wikipedia.org/wiki/Kakao

https://en.wikipedia.org/wiki/KakaoBank  

https://en.wikipedia.org/wiki/BankWalletKakao  

https://en.wikipedia.org/wiki/KakaoTalk

https://en.wikipedia.org/wiki/KakaoGroup

I looks like it uses  Kakaos/ UpBit.com  frontends and runs/trades Bittrex in the background....

Interesting indeed.  Think snapchat telegram WhatsApp and mobile bank (and lender) all rolled into one...Kakao have their fingers in many pies see here http://www.kakao.com/main and now with a  upcoming cryptocurrency exchange... these guys are going to be able to buy cryptos easy as 1..2...3 everyone is already plugged into the system all KYC'd up.... and if they integrate across their platforms.... wowwza


South Korea - don't discount their buying power or appetite for cryptocurrency

All it takes is for a few countries to be liberal in their approach to cryptocurrency which we are seeing more than one instance of right now...

Ya might not be able to see it yet.... but South Korea is going to be (continue to be) huge for Cryptocurrency.... the country is the perfect incubator for it... all of those interlinked technophile internet junkies are going to gobble up lots of coins IMO

[Torque]

new bitcoin police    weeee

https://www.sec.gov/news/press-release/2017-176

Yeah, that is gonna work well if you are parked in BULGARIA ...I mean really?


they may find out stuff long after the scammers have gone to ground...

but hey, it makes the USA public 'feel good' about our 'evil, dirty, sexy crypto" (did I mention the 'public' is conflicted...)

whatever........

"Cyber Unit". The name alone says it all, lol. Because, y'know, "The Cyber".

I wish I worked for a department that could just whip up a new unit and magically get staff funding for it, just like that.  

is this related to ETF in any way? does this help to bring ETF on the way?

It sounds like it is more about targeting and combating ICO token scams.

"Retail Strategy Task Force

The Retail Strategy Task Force will develop proactive, targeted initiatives to identify misconduct impacting retail investors.  The Enforcement Division has a long and successful history of bringing cases involving fraud targeting retail investors, from everything involving the sale of unsuitable structured products to microcap pump-and-dump schemes."

[gembitz]

new bitcoin police    weeee

https://www.sec.gov/news/press-release/2017-176

Yeah, that is gonna work well if you are parked in BULGARIA ...I mean really?


they may find out stuff long after the scammers have gone to ground...

but hey, it makes the USA public 'feel good' about our 'evil, dirty, sexy crypto" (did I mention the 'public' is conflicted...)

whatever........

video games are real ~ popcorn please     LoL!!

[Arriemoller]

I believe BTC price will follow a Gaussian curve projection.  At least till the end of this year.

Your'e in the wrong thread, please leave.

[BlindMayorBitcorn]

Ugh.. Trendon Shavers, I remember many people pointed out that this has got to be some kind of ponzi scam.  Yet there were flame wars going between supporters of the scheme and more skeptical people.  Not the best time in the Bitcointalk community.  Yes, I do have an account from late 2012, but I am not login that in until Theymos implements some kind of 2FA or Google login.  Too many people lost their accounts to hacks recently. 

There's no shame in Bitcoinland.
https://bitcointalk.org/index.php?topic=1847311.msg18382142#msg18382142

[Torque]

Ugh.. Trendon Shavers, I remember many people pointed out that this has got to be some kind of ponzi scam.  Yet there were flame wars going between supporters of the scheme and more skeptical people.  Not the best time in the Bitcointalk community.  Yes, I do have an account from late 2012, but I am not login that in until Theymos implements some kind of 2FA or Google login.  Too many people lost their accounts to hacks recently. 

There's no shame in Bitcoinland.
https://bitcointalk.org/index.php?topic=1847311.msg18382142#msg18382142

Do the hackers think they we're going to believe that Hal was thawed out from cryo and revived? Back to the future?

[JimboToronto]

Good AM Bitcoinland.

Still holding yesterday's modest gains... currently $3928USD/$4860CAD (Bitcoinaverage).

AltcoinCash also going sideways... currently $449USD/$557CAD (Coinmarketcap).

Tumblin' tumbleweeds. Ho freaking hum. At least September's almost done. Let's see what October brings.

I'll continue to hold, thank you.

[jojo69]

hmmmmmm

so much for lines on a chart   

[ragnar0k]

I think what I love the most in the BC world is Tradingview.com ideas.
You have these popular guys... They show bubble charts, some of them predict all sorts of ugly scenarios
Then bitcoin goes up

...And day after, as if nothing happened, they ignore the chart they did few hours ago and move their predictions to long telling you how to read the TA.

I really wish there were some stats on how many make money there

[LFC_Bitcoin]

Odd that there's so much resistance at the $4000 point. Been hovering in the $39xx's for a good while now.

[Meuh6879]

Too easy ... (?)

[BlindMayorBitcorn]

Ugh.. Trendon Shavers, I remember many people pointed out that this has got to be some kind of ponzi scam.  Yet there were flame wars going between supporters of the scheme and more skeptical people.  Not the best time in the Bitcointalk community.  Yes, I do have an account from late 2012, but I am not login that in until Theymos implements some kind of 2FA or Google login.  Too many people lost their accounts to hacks recently. 

There's no shame in Bitcoinland.
https://bitcointalk.org/index.php?topic=1847311.msg18382142#msg18382142

Do the hackers think they we're going to believe that Hal was thawed out from cryo and revived? Back to the future?

Somebody probably saw it on a list for sale and couldn't help themselves. I chalk it up to poor impulse control.

[Icygreen]

As expected, it seems we move carefully through the 3k range and likely more carefully through 4k. Great news is that there's at least some groundwork support through the 3k range we previously didn't get much of and prices have held very well all the way through so far despite some attempts to dump. I'm expecting strong confirmations before entering 4k based on recent sentiment of the market.

[jojo69]

Yeah, as much as I would like to see a retest of the log support uptrend there is just no denying that bitcoin holding for all intents and purposes >$3k through all this FUD (and pretty much holding 3x gold...think about that) is just monumentally bullish.

[STT]

Im not sure any link to gold price matters exactly.  The market cap of gold is far greater, its just an arbitrary ounce comparison that has shown bitcoin has greater growth but thats as it should be.   Gold is not supposed to give any investment growth, its whole value system is based on no change in price over thousands of years.   The reason to buy gold is fear of extreme price changes which in a dollar system with this much debt is quite likely and even if not we'll see gold appear higher in price.   Its parallel to bitcoin in that both should have growth exceeding new units available where as dollar is held in reserve and is over produced relative to its trade growth.


The price of bitcoin I think is more positive now.   We are above the old trend line that could have been a cap to prices, that line is about 3900 so on the line but its respecting that and lower support must be taken as positive relatively.   Long term its best to have steady confirmation so it would be best to not rise from here too soon I guess.  Bitcoin does seem to have regular use and demand thanks to extreme FIAT moves in Japan or Venezuela, I presume it does have greater usage underway.
  Japan holds 1 trillion of US debt, the possibility for frightening acceleration is present every day I think, complacency is apparent which is probably a vital ingredient also.

[jojo69]

I agree that the OzAu comparison is arbitrary, but psychologically it is pretty compelling.  I remember the oldbugs repeating ad nauseam that BTC would NEVER = gold, and here we are, with China banning, again, in the midst of a correction, holding 3X.

feels good man

[ragnar0k]

Another great thing - although it is too early to say still - is that Goldman predicted bitcoin would be @2.2k
We just briefly touched 3k, but all in all we had a retrace of 30% (now just 20%), against the predicted 60%. Let's hope it holds!