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

[600watt]

Ok, I actually did read the German sub forum, and I believe you, but I couldn't figure out at first why it was about a bet and not a charity.

it started as a bet. forum user elrippo posted that he bets 0.5 btc that btc would not reach €4000 within this year. I took the bet and said if I win, I would donate his 0.5 btc and my 0.5 btc to poor children for xmas. that is how it started. I am no charity, I am a private bitcointalk member. but I will stick to my word. and other forum members have donated also to that address. now its more than $80k.  

it is of course way more than enough. bitcoiners are wonderful. and crazy. I had to quit going to work for a week to be able to get the logistic challenge done. I am working on it right now. it is crazy. I just thought I let you know.

600watt, which is the current donation address? Is it too late to add, I like the idea. Also, let me know if you need some help with the whole media attention thing:

"Random bitcoin owners group to give away, and casually raise 80+k."

https://blockchain.info/de/address/3MZisxm7XShbGMHNUqbex7DyBwweYv5RbG


edit: news coverage would be great! this is different to the usual "drugs, terrorism, fraud" harp the media is playing!

[1713993473]

1713993473

[1713993473]

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[ironhide0991]

Got to know about bitcoin when I started to look into forex. A while later bought 1 at around $300. A while later gambled with it and made another 0.5 BTC. A while later lost all of it. A while later, recovered all of it. Decided to HODL. Had spare funds to buy another 10 BTC. Instead decided to make a term deposit (the fact that coinbase decided to re-verify my account, which took them weeks, and then setting my buy limit to $250 per week, was also the reason I went the other way). Still kept buying whatever I could with whatever spare I had left. Bought some Ethereum, Litecoin here and there. Lost the Litecoin wallet because my HDD crashed and I hadn't made a backup. Converted Ethereum to other altcoins and made some profits. Now HODLing my BTC.
Oh well, Bitcoin, and the crypto world, you have been amazing.

[gembitz]

https://www.wsj.com/articles/nasdaq-plans-to-launch-bitcoin-futures-in-first-half-2018-1511968313?mod=e2tw
NASDAQ is launching Bitcoin futures next year.

"Nasdaq Inc. and broker Cantor Fitzgerald LP are looking to join the rush on Wall Street to trade bitcoin"

LOL ! I wonder if Stuart Fraser is involved !

grrrrr>>> Josh Garza and these chumps gypped my team ~75BTC i'm not too happy with these characters  :\ meh troll on troll off<<<

[Torque]

https://www.wsj.com/articles/nasdaq-plans-to-launch-bitcoin-futures-in-first-half-2018-1511968313?mod=e2tw
NASDAQ is launching Bitcoin futures next year.

"next year"

God you just gotta luv the 'buy the rumor' future spec crap that is always circling Bitcoin...

[CristiTCM]

i think after the 10k has passed we are into a FOMO stage. More and more people will buy bitcoins, specially the business persons who can see the potential of this coin. Since now it's too expensive for me,i'm thinking about borrowing money from bank to buy 1 more btc lol

[P_Shep]

The Mcafee phallus now has double the worries - https://twitter.com/officialmcafee/status/935900326007328768

Thought I still don't think he understands a great deal about it and probably spouts what Jihan or his wife tell him to spout it's still fun.

So he did mean bitcoin and not bcash then.

Also suggests that if his model predicted $5000 at the end of the year, is model is rather off.

[bitebits]

10k really is an amazing thing. At the start of this year I never thought it would be worth this much a the end of the year. Bitstamp is showing (on bitcoinwidom) only 900 coins till 20k, liquidity is absolutely drying up, there'll be no coins left to buy soon.

Adam, where are you?

[JayJuanGee]

Starting to feel the same way as I felt back on the MtGox Peak in 2013. The world is mine... Too euphoric. Also seeing too euphoric comments everywhere... Hope this one will not end up like back then...

No more MtGox, that was a special case: only MtGox around, and the chinese,
Today, we have a completely different situation !

Lean back, and enjoy the adoption phase !

We have governments and banks that thinks Bitcoin is a problem for them. Just a question of time till things get nasty.

Are you trying to suggest doom and gloom?

It is a given that attacks on bitcoin are going to be made, and we should be reveling that bitcoin has been resilient to such attacks and surely I agree that the intensity of such attacks are going to ramp up.

But currently, we are in a time to celebrate, so I am not sure why you be raining on our little $10k to $11k in a matter of hours party with speculative and non-specific fearmongering?

[jojo69]

Stiglitz, "Bitcoin serves no socially useful function...ought to be outlawed"

https://www.bloomberg.com/news/videos/2017-11-29/joseph-stiglitz-bitcoin-ought-to-be-outlawed-video

lol, dottering dinosaur just can't pull his brain into the present

[JayJuanGee]

I'll tell you who is buying - Everyone I talk to now in real life, like a mortgage broker, and mention that I do "trading" - they say "oh have you heard about bitcoin? Do you think I should get in?"

NONsense.   

Less than one percent of the total world population owns any quantity of bitcoins.

I would guess, it is way below one percent, what is your source?

I was just trying to give some benefit of the doubt regarding the 1% adoption matter, and I agree with you that it is likely far less than 1% and I don't have any exact source, at the moment, and I don't think that it matters too much to what should be the fairly obvious point that I was making.

To me, it just seems a bit crazy when folks are asserting some kind of mass adoption based on hearing something from their shoeshiner or some other anecdotal, and therefore conclude that it is time to get out.

As you and I recognize, bitcoin is no fucking where near mass adoption... so we agree, and we need not get bogged down in the specifics regarding how far below 1% we actually are or the fact that some areas of the world have higher adoption than other areas.. Bitcoin adoption still boils down to being a long fucking way from any kind of semblance of mass adoption, and even in what we consider to be big technologically sophisticated cities.

[JayJuanGee]

I'll tell you who is buying - Everyone I talk to now in real life, like a mortgage broker, and mention that I do "trading" - they say "oh have you heard about bitcoin? Do you think I should get in?"

NONsense.   

Less than one percent of the total world population owns any quantity of bitcoins.

I would guess, it is way below one percent, what is your source?

I was just trying to give some benefit of the doubt regarding the 1% adoption matter, and I agree with you that it is likely far less than 1% and I don't have any exact source, at the moment, and I don't think that it matters too much to what should be the fairly obvious point that I was making.

To me, it just seems a bit crazy when folks are asserting some kind of mass adoption based on hearing something from their shoeshiner or some other anecdotal, and therefore conclude that it is time to get out.

As you and I recognize, bitcoin is no fucking where near mass adoption... so we agree, and we need not get bogged down in the specifics regarding how far below 1% we actually are or the fact that some areas of the world have higher adoption than other areas.. Bitcoin adoption still boils down to being a long fucking way from any kind of semblance of mass adoption, and even in what we consider to be big technologically sophisticated cities.

[d_eddie]

Just got an email from Xapo:

Hi xxx,

As we informed you in previous communications, we are approaching the December 14th deadline in which you’ll need to convert your Bitcoin Cash (BCH) balance that was generated during the August 1st fork to BTC.

Our Terms of Use clearly state that the only digital currency supported by Xapo is Bitcoin (BTC). If you want to store, transfer and/or use any cryptocurrency other than Bitcoin, you cannot do so through the Xapo Services. If, as a consequence of a “fork” (as such term is commonly known in the bitcoin industry), Bitcoin holders are granted with equivalent or proportional amount of the new digital currency or values that are not Bitcoin, Xapo shall not have any obligation, whatsoever, in connection to such new digital currency or value.
(SNIP)

Rekt.

They lost my custom for their BCH/S2X support. Are they turning their cloak now that they see failure?

[JimboToronto]

An amazingly good morning Bitcoinland.

What can I say? We finally hit 5 digits at all exchanges, touched on $11.4k, had two sizeable corrections, and ended over $11k... currently $11043USD/$14185CAD (Bitcoinaverage).

Old coins total at $13000USD/$16700CAD (Coinmarketcap).

Over a grand and a half in a day? A year ago we were still dreaming of getting back up to a grand.

Go Bitcoin go.

edit: I guess my numbers are outdated now, They were current when I typed them. The joys of overloaded servers.

[Matias]

I'll tell you who is buying - Everyone I talk to now in real life, like a mortgage broker, and mention that I do "trading" - they say "oh have you heard about bitcoin? Do you think I should get in?"

NONsense.   

Less than one percent of the total world population owns any quantity of bitcoins.

I would guess, it is way below one percent, what is your source?

I was just trying to give some benefit of the doubt regarding the 1% adoption matter, and I agree with you that it is likely far less than 1% and I don't have any exact source, at the moment, and I don't think that it matters too much to what should be the fairly obvious point that I was making.

To me, it just seems a bit crazy when folks are asserting some kind of mass adoption based on hearing something from their shoeshiner or some other anecdotal, and therefore conclude that it is time to get out.

As you and I recognize, bitcoin is no fucking where near mass adoption... so we agree, and we need not get bogged down in the specifics regarding how far below 1% we actually are or the fact that some areas of the world have higher adoption than other areas.. Bitcoin adoption still boils down to being a long fucking way from any kind of semblance of mass adoption, and even in what we consider to be big technologically sophisticated cities.

I agree.

[bitebits]

https://www.wsj.com/articles/nasdaq-plans-to-launch-bitcoin-futures-in-first-half-2018-1511968313?mod=e2tw

NASDAQ is launching Bitcoin futures next year.

For those without a WSJ account: http://archive.is/IAy9e

[JayJuanGee]

i think after the 10k has passed we are into a FOMO stage. More and more people will buy bitcoins, specially the business persons who can see the potential of this coin. Since now it's too expensive for me,i'm thinking about borrowing money from bank to buy 1 more btc lol

By now you should understand that you do not have to buy a "whole" bitcoin in order to invest in bitcoin... and also you can invest little by little and then put all your bits into one wallet address, and sooner or later they may well add up to one whole bitcoin.   

[BitcoinNewsMagazine]

Bitcoin price just reached the 11.09 Fibonacci extension from last ATH to swing low. This has never happened before in the history of bitcoin. A correction is already taking place, the question is: does price continue advancing to the next extension at $18286?

[Coinnosaurus]

Stiglitz, "Bitcoin serves no socially useful function...ought to be outlawed"

https://www.bloomberg.com/news/videos/2017-11-29/joseph-stiglitz-bitcoin-ought-to-be-outlawed-video

lol, dottering dinosaur just can't pull his brain into the present

they are not tired of posting giudes to short btc and articles about how bad crypto is, yet we make new ATH every day ? I pity them

[d_eddie]

So I was just referred to Bitclub by someone I trade bitcoin with in meat space, says he was introduced to it through his father who is some kind of business person who knows the owners personally. I have no reason to doubt he believes what he told me, but even so, anyone know anything about it? Safe(ish) to invest in?

The way I see it, cloud mining is a flawed business model (for the subscribers, not for the sellers).
If mining is indeed profitable, why should they sell a slice of their profit for a fair price?
Either the price is unfair, or it is just a scam.

Of course, they might be selling shares of the mining profit for fiat money immediately needed for maintenance, or for acquiring new gear and so on, but it's a very long shot. I'd imagine they should have their cash flow under check if they're so successful. And I've never heard of current mining gear being sold on credit. On the contrary, it is usually paid before delivery - often much too long before delivery.

TL;DR I reckon you'd be better off investing your subscription fee directly in bitcoin.

[conspirosphere.tk]

Wonder how much reliable, professional private security details cost in Mexico...

Sheeit.

here it mentions a couple of mexican states safer than any in the US:

https://www.sovereignman.com/international-diversification-strategies/how-to-gain-permanent-residency-in-mexico-without-leaving-home-22663/