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

[LFC_Bitcoin]

$4412 on Stamp, is this the beginning of a run to break $5000? I hope so......

[cmacwiz]

bitcoin ain't going away, and as long as the honeybadger is around, it gets around to eating and getting bigger.

[DoktorKopf]

Who could ever have imagined, a few years ago, that the head of the IMF would give a speech that included Bitcoin and SDR in the same sentence?

http://www.trustnodes.com/2017/09/29/bitcoin-might-give-existing-currencies-run-money-says-lagard-might-added-imfs-sdr

This could get serious.

[Meuh6879]

China fill the gap ...

[DoktorKopf]

So should we think in terms of buying a coffee, or in terms having your own bank your own bit of the BIS in your pocket?

[Meuh6879]

this is a joke ?!?
http://www.trustnodes.com/2017/10/01/bitmain-now-accepts-bitcoin-cash-latest-mining-hardware

“Only BCC payment method is accepted in this batch, please use the exact amount mentioned in your order and complete the payment within one hour. After one hour, the order will expire and your payment may not be detected by the system automatically. If the payment is submitted but the receipt is delayed, we will make your payment “Valid” manually.”

[YamashitaRen]

So guys, I found about purse.io on this topic a few weeks ago, but I can't find back the post talking about it and its referral link.
Could any of you give me one by PM ?

I'm good !

[Denker]

this is a joke ?!?
http://www.trustnodes.com/2017/10/01/bitmain-now-accepts-bitcoin-cash-latest-mining-hardware

“Only BCC payment method is accepted in this batch, please use the exact amount mentioned in your order and complete the payment within one hour. After one hour, the order will expire and your payment may not be detected by the system automatically. If the payment is submitted but the receipt is delayed, we will make your payment “Valid” manually.”

Not a joke!
I mean you can't blame them as they openly support Bcash.
Question is will people really wanna pay in Bcash?
If not Bitmain is going to have hard times selling their rigs.
In a way it's smart. Bitmain mines a lot of Bcash due to EDA. If people wanna get new miners they will have to Bcash, which pushes the price. On the other side bitmain again can dump their bcash coins for a higher price and again accumulate cheap.
However I can't imagine Bcash being relevant as an altcoin for a longer period of time. Xapo opened the gates and people dumped. Price is plunging.The same and much more drastic I expect to happen when Coinbase allows it's customers access to the Bcash tokens.
If the PBOC doesn't come up with an announcement that Bcash will be the new ChinaCoin I believe this coins will just fade in the long run.

[d_eddie]

“Only BCC payment method is accepted in this batch, please use the exact amount mentioned in your order and complete the payment within one hour. After one hour, the order will expire and your payment may not be detected by the system automatically. If the payment is submitted but the receipt is delayed, we will make your payment “Valid” manually.”

Not a joke!
I mean you can't blame them as they openly support Bcash.
Question is will people really wanna pay in Bcash?
If not Bitmain is going to have hard times selling their rigs.
In a way it's smart. Bitmain mines a lot of Bcash due to EDA. If people wanna get new miners they will have to Bcash, which pushes the price. On the other side bitmain again can dump their bcash coins for a higher price and again accumulate cheap.
However I can't imagine Bcash being relevant as an altcoin for a longer period of time. Xapo opened the gates and people dumped. Price is plunging.The same and much more drastic I expect to happen when Coinbase allows it's customers access to the Bcash tokens.
If the PBOC doesn't come up with an announcement that Bcash will be the new ChinaCoin I believe this coins will just fade in the long run.

Correct analysis IMO. I will add my 2 cents: it's unlikely the PBoC will adopt Bcash as the new ChinaCoin.
If I were the PBoC - a control freak among control freaks - I wouldn't go for an "old" coin with a history. I'd make a brand new coin where I (ideally) hope to gather info on all addresses, possibly by making purchases only possible through tethered Yuan.

[gembitz]

BTC $7200 in Africa!!!      weeeeeeee


https://localbitcoins.com/country/ZW

[STT]

Sounds correct, anyone with an old bitcoin address balance will have that coin and thats alot of unknown people outside China.  Hardly an ideal situation unless PBOC is embracing the free enterprise spirit of capitalism which despite appearances I dont think China really wants capitalism as that is all about free control of money by the people which gives them power outside of government.  Central banking is a communist construct from beginnings of CCCP is one article I read and really it does fit

[Torque]

Sad to hear about Vegas, I fucking knew they shouldn't have let OJ out.

Very sad indeed. But this has the smell of another false flag. I'm sure more anti-gun rhetoric will be spewing from the far left in short order.

[vroom]

But this has the smell of another false flag. I'm sure more anti-gun rhetoric will be spewing from the far left in short order.

no other country has so many people run amok or accidents with weapons. I don't know another country where 3 year old children kill other 3 year old kids with guns. this is no false flag, this is sad reality. more weapons -> more innocent dead people

[LewisPirenne]

this is a joke ?!?
http://www.trustnodes.com/2017/10/01/bitmain-now-accepts-bitcoin-cash-latest-mining-hardware

“Only BCC payment method is accepted in this batch, please use the exact amount mentioned in your order and complete the payment within one hour. After one hour, the order will expire and your payment may not be detected by the system automatically. If the payment is submitted but the receipt is delayed, we will make your payment “Valid” manually.”

Actually that news is a few days old.  I remember reading them (over the weekend?) and saw that there was no reaction in BCH price to that news.  In fact BCH just keeps going down in the past few days.  Probably due to the EDA exploiting shenanigan.

[Gyrsur]

this is a joke ?!?
http://www.trustnodes.com/2017/10/01/bitmain-now-accepts-bitcoin-cash-latest-mining-hardware

“Only BCC payment method is accepted in this batch, please use the exact amount mentioned in your order and complete the payment within one hour. After one hour, the order will expire and your payment may not be detected by the system automatically. If the payment is submitted but the receipt is delayed, we will make your payment “Valid” manually.”

Actually that news is a few days old.  I remember reading them (over the weekend?) and saw that there was no reaction in BCH price to that news.  In fact BCH just keeps going down in the past few days.  Probably due to the EDA exploiting shenanigan.

https://themerkle.com/bitcoin-cash-network-triggers-another-lower-mining-difficulty-to-keep-the-chain-ahead/

[404Revolution]

Sad to hear about Vegas, I fucking knew they shouldn't have let OJ out.

Very sad indeed. But this has the smell of another false flag. I'm sure more anti-gun rhetoric will be spewing from the far left in short order.

You're paranoid. Such a ridiculous claim. Truly disgraceful honestly.

[btcbeliever]

But this has the smell of another false flag. I'm sure more anti-gun rhetoric will be spewing from the far left in short order.

no other country has so many people run amok or accidents with weapons. I don't know another country where 3 year old children kill other 3 year old kids with guns. this is no false flag, this is sad reality. more weapons -> more innocent dead people

http://stories.avvo.com/crime/8-horrible-crimes-stopped-by-legal-gun-owners.html

even better:  http://www.pulpless.com/gunclock/noframedex.html

Making it legally possible for civilians to carry concealed weapons does not make society more violent or result in shootouts at traffic accidents.
The rate of criminal misuse of firearms by the hundreds of thousands of persons licensed to carry concealed firearms in Florida is so low as to be statistically zero. In fact, homicide, assault, rape, and robbery are dramatically lower in areas of the United States where the public is allowed easy access to carrying concealed firearms in public.


Sources: Florida Department of State, Concealed Weapons/ Firearms License Statistical Report and "Crime, Deterrence, and Right-to-Carry Concealed Handguns," by John R. Lott, Olin Fellow in Law and Economics at the University of Chicago Law School and David B. Mustard, graduate student, Department of Economics, Journal of Legal Studies, January 1997.

[vroom]

But this has the smell of another false flag. I'm sure more anti-gun rhetoric will be spewing from the far left in short order.

no other country has so many people run amok or accidents with weapons. I don't know another country where 3 year old children kill other 3 year old kids with guns. this is no false flag, this is sad reality. more weapons -> more innocent dead people

http://stories.avvo.com/crime/8-horrible-crimes-stopped-by-legal-gun-owners.html

even better:  http://www.pulpless.com/gunclock/noframedex.html

Making it legally possible for civilians to carry concealed weapons does not make society more violent or result in shootouts at traffic accidents.
The rate of criminal misuse of firearms by the hundreds of thousands of persons licensed to carry concealed firearms in Florida is so low as to be statistically zero. In fact, homicide, assault, rape, and robbery are dramatically lower in areas of the United States where the public is allowed easy access to carrying concealed firearms in public.


Sources: Florida Department of State, Concealed Weapons/ Firearms License Statistical Report and "Crime, Deterrence, and Right-to-Carry Concealed Handguns," by John R. Lott, Olin Fellow in Law and Economics at the University of Chicago Law School and David B. Mustard, graduate student, Department of Economics, Journal of Legal Studies, January 1997.

studies sponsored by NRA?

[Dabs]

I'm not sure this is the thread to talk about firearms and it's usefulness and other crime stopping properties, but since it's being discussed, I will say "Good Guys with Guns stop Bad Guys with anything." And the famous "When Guns Are Outlawed, only Outlaws will have Guns."

I dunno about you, but if there's a zombie apocalypse or some riot right outside my house, I'd prefer to have one. Better to have it and not need it than need it and not have it.

I'm biased because I'm a soldier. But whatever.

[Torque]

It's not a good place to talk about it. Let's keep this thread focused on Bitcoin.

Speaking of which... price looking pretty good, eh?