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

[Last of the V8s]

What if Elon Musk just committed the perfect murder?


 

That would really be something ..... movie material

What if I told you it's satoshi in that car?
Everyone would say 'huh cool'

What if I told you it's Craig Wright the fraudulent satoshi beloved of bcashers?
Immediate worldwide year-long fiesta.



Verified account @alistairmilne
A large Bitcoin ATM network added Bcash to its machines ... labelled as 'Bitcoin Cash'
100's of support tickets later, it was removed due to lost funds, complaints it wasn't Bitcoin, etc.
Bcash passing off as Bitcoin is losing normal people money


-needs moar hardforks

[pacman7331]

Im bearish because of futures expiry in 5 days on 14 Feb. Something to keep in mind.

How do you know and why does that make a difference?

 

[BTCMILLIONAIRE]

What if I told you it's satoshi in that car?
Everyone would say 'huh cool'

What if I told you it's Craig Wright the fraudulent satoshi beloved of bcashers?
Immediate worldwide year-long fiesta.

Verified account @alistairmilne
A large Bitcoin ATM network added Bcash to its machines ... labelled as 'Bitcoin Cash'
100's of support tickets later, it was removed due to lost funds, complaints it wasn't Bitcoin, etc.
Bcash passing off as Bitcoin is losing normal people money


-needs moar hardforks

Is there a source for the BCash ATM story? Looks beautiful.

[flynn]

*sigh* no. IQ tests are simply pattern recognition. There is nothing cultural about it.

Pattern recognition has nothing cultural about it? I disagree. Try a "spot the pattern" competition in the Amazon forest against a local. Yes, you can use your calculator if needed (hint: it won't be).

This kind of pattern.



Not "spot the snake in the tree", not "which of these four hats is not like the other", just a few simple lines.

H

[Last of the V8s]

Is there a source for the BCash ATM story? Looks beautiful.

yes and no. the @ sign is a giveaway that it's a twitter handle btw
https://twitter.com/alistairmilne/status/961912130399326208

he's a bit coy cos he invests in said atm company. he's a corporate type, so innately untrustworthy, but I find him less untrustworthy than any fanboi bcasher

[TERA2]

Last time it breached the 200EMA within 9 weeks of ATH was in 2011 and it wasn't as deep.

[BtcMan2009]

I think in Q1 we will see one more descent and updating of the lower level 6k/5k. I do the forecast proceeding from a news background, it changes for the better, but still weak. As Japan imposes taxes and in additives ahead new year according to east calendar (Korea, Japan, China and some other countries) which will be on February 16 and 2/3 weeks will last. I think during this period there will be a fixing of all Asia. And only in Q2 insignificant growth to moving average will begin, to the region of the 11-12th and there a course there will be 2 months.

News:
Japan Crypto Investors Face Tax of Up to 55%
Cryptocurrency investors in Japan may face up to 55% of capital gain tax, Bloomberg reports. While winnings on stocks and foreign currencies are taxed around 20 percent, Japan’s levy on profits from virtual money runs from 15 percent to 55 percent, the top amount being 40 million yen ($365,000). Japan ruled last year that that capital gains on these transactions are a form of "miscellaneous income," investors are now required to declare their profits in annual tax filings due Feb. 16-March 15.
https://en.insider.pro/topnews/2018-02-09/japan-crypto-investors-face-tax-55/

The Japanese cryptocurrency investors faced taxes to 55%
The Japanese national tax agency decided to strike a cryptocurrency mania: now the people earning on digital currencies have to pay high taxes. Last year legislators established that the capital gain on similar transactions is "other income" so investors are obliged to specify the profit in annual tax declarations from February 16 to March 15.
https://coinspot.io/china-and-asia/yaponskie-kriptovalyutnye-investory-stolknulis-s-nalogami-do-55/

[lightfoot]

Meantime down to 7,000 transactions in mempool. Either people have stopped trading or segwit is making a difference.

[Torque]

Any hold above $8k for the next 3 days, or a small dip below and then quickly back up above $8k, would be extremely bullish.

Last time it breached the 200EMA within 9 weeks of ATH was in 2011 and it wasn't as deep.

True. I'm surprised we got there so soon tbh. Also bullish.

[Last of the V8s]

Meantime down to 7,000 transactions in mempool. Either people have stopped trading or segwit is making a difference.

Well volume is lower than ideal.

There's no goddam spam attack to coincide with Roger shenanigans - inefficient scammer co-ordination.

There's a push to measure not tx's but outputs https://opreturn.org/ which are up a lot.

[Torque]

Rand Paul unleashed an epic rant against the U.S. spending bill.

https://www.youtube.com/watch?v=WEb_vAzYlQ8

Bet against the national debt! Buy Bitcoin!

[ivomm]

Any hold above $8k for the next 3 days, or a small dip below and then quickly back up above $8k, would be extremely bullish.

Last time it breached the 200EMA within 9 weeks of ATH was in 2011 and it wasn't as deep.

True. I'm surprised we got there so soon tbh. Also bullish.

I am glad to see that those every day 10-20% drops are no more. Clearly the big weak-hand-cleansing from the other day was necessary to achieve a steady and lasting growth towards 20K.

[Last of the V8s]

Blockstack Berlin: signature fund event on march 2
Maybe something too visit ......

@ponli137 https://twitter.com/ponli137/status/959758431027646464
Pontus Lindblom Retweeted Patrick Stanley
The @blockstack #conference in #Berlin March 2nd 2018 looks to be epic! Speakers including @NickSzabo4 @Snowden @valkenburgh @starkness @muneeb #Bitcoin #lightningnetwork #SmartContracts

If you've not been to one of these conferences and you are inspired it seems, then surely you must rock up. For me, once was enough, even if it was very 'enlightening', let's say.

This one seems quite representative. It has some arguably high-profile speakers, some central figures in the "Core" and lightning, some corporate wonks and not too many utter charlatans (note the sponsor).

Berlin also has claims to be a very happening place for bitcoin venues and of course certain other ... things.

Take a clean laptop lol.

Expecting a full report

[BTCMILLIONAIRE]

Rand Paul unleashed an epic rant against the U.S. spending bill.

https://www.youtube.com/watch?v=WEb_vAzYlQ8

Bet against the national debt! Buy Bitcoin!

The comments on that video are spectacular. I'm amazed at how loud people with absolutely zero understanding of economics are time and time again.

[BTCMILLIONAIRE]

Any hold above $8k for the next 3 days, or a small dip below and then quickly back up above $8k, would be extremely bullish.

Last time it breached the 200EMA within 9 weeks of ATH was in 2011 and it wasn't as deep.

True. I'm surprised we got there so soon tbh. Also bullish.

I'm quite happy that we went down now, and not later. This retracement just primes a more stable run into the 6 figures I would guess.

[Karartma1]

I see Batman everywhere. Batman trading pattern for bitcoin. The Dark Knight is rising.

Also I see tech advancements are quite astonishing: when the market realizes what Bitcoin is achieving nowadays these price levels will be memory.

Enjoy

[Torque]

Also I see tech advancements are quite astonishing: when the market realizes what Bitcoin is achieving nowadays these price levels will be memory.

I'm already looking forward to the day when folks that think Bitcoin is overvalued now, their jaws dropping open when it hits $50k. Could happen in as little as 2-3 years.

[Karartma1]

Also I see tech advancements are quite astonishing: when the market realizes what Bitcoin is achieving nowadays these price levels will be memory.

I'm already looking forward to the day when folks that think Bitcoin is overvalued now, their jaws dropping open when it hits $50k. Could happen in as little as 2-3 years.

Ditto!
You and I know very well this could easily happen overnight. I am up for it.

[BTCMILLIONAIRE]

Also I see tech advancements are quite astonishing: when the market realizes what Bitcoin is achieving nowadays these price levels will be memory.

I'm already looking forward to the day when folks that think Bitcoin is overvalued now, their jaws dropping open when it hits $50k. Could happen in as little as 2-3 years.

Folks that think Bitcoin is overvalued don't understand its potential whatsoever. $50k would still be pretty low.

[Deeyoh]

Oh man, I totally forgot about this plan that I think Reptiala made.  I've been following it but with more than just 1 BTC and actually accumulating more in the process.     

Bitcoin Savings Plan
https://docs.google.com/spreadsheets/d/1ImKoEk72HK7zuOf3FBa2mbcf6qxoe7tmvWgYIWwwnPM/edit#gid=0


P.S.  I would never believe we already hit the halfway point on that sheet.  I was thinking maybe halfway in 2020 at the earliest.