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Question: Dec. 14 Closing Price:
<$6,000 - 10 (11.4%)
$6,000-$6,500 - 5 (5.7%)
$6,500-$7,000 - 9 (10.2%)
$7,000-$7,500 - 11 (12.5%)
$7,500-$8,000 - 18 (20.5%)
$8,000-$8,500 - 11 (12.5%)
$8,500-$9,000 - 4 (4.5%)
>$9,000 - 20 (22.7%)
Total Voters: 88

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21458113 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (137 posts by 31 users deleted.)
BTCMILLIONAIRE
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February 12, 2018, 10:36:56 AM

I guess nobody cares about this: http://money.cnn.com/2018/02/11/investing/lagarde-bitcoin-regulation/index.html

Wow was 8000 the new bottom retest?

Where’s Smokey the Bear?

Maybe that IMF statement was too pathetic sounding?
Why would anybody give a rat's ass about regulation when decentralized exchanges are on the horizon? For the very first time in history regulators won't be able to dictate their rule upon citizens.

Yea that sounds very interesting i’ll have to read about what that means... how they work etc.
It means that they can't be taken down, because just like Bitcoin they would be a distributed peer to peer platform. The details are more complex, with atomic swaps and whatnot, but basically you'd be trading with people directly via smart contracts, which would actually be safer than traditional exchanges as well due to the abolishment of counterparty risk (as long as there's no Parity style fuck ups).
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February 12, 2018, 10:38:33 AM

My income tax refund just came in and also extra money from my unused leave credits last year. I might sound selfish to say this but I am really hoping to see sub 6k before the end of this month so I could by some more. If it goes sub 4k I am already 70% decided to sell my car. lol
Ask yourself this question: How much money would you have to pay for commutes and how much would you save from not needing car insurance and fuel? If it's more or less a wash, go ahead and sell it.
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February 12, 2018, 10:45:20 AM
Last edit: February 12, 2018, 02:32:42 PM by Last of the V8s

https://medium.com/@hodlhodl/hodl-hodl-public-beta-launch-f42dcd643626
Today we’re launching Hodl Hodl — a peer 2 peer cryptocurrency exchange.
    Secure: multisig (P2SH) contracts, you control the key to the funds in escrow;
    Cheap: low fee — max 0.6% per trade (fees will only be implemented beginning July 2018);
    Decentralized: P2P trades without KYC/AML;
    Support of native Bech32 Segwit addresses;
    P2SH-P2WSH Segwit multisig escrow addresses;
    Truly global P2P cryptocurrency exchange;
    Trade BTC and LTC;
    We have a TESTNET version — where you can trade with TESTNET BTC/LTC without risking actual money.

dyor

edit: there are many more https://github.com/distribuyed/index
Last of the V8s
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February 12, 2018, 10:50:52 AM

https://twitter.com/Aztek_btc/status/962741112887586816
@Aztek_btc
17h17 hours ago

Im giving away 0.5 BTC to a random someone within the next 60 days for doing the following:
1. Must retweet this tweet
2. Respond to a bank advertisement on any social media with a link of some corruption that that bank did & quote "Dont trust banks #BanksAreCorrupt #BuyBitcoin"
43 replies 161 retweets 191 likes
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February 12, 2018, 10:55:54 AM

2 from the grauniad of all places. haet:
https://www.theguardian.com/world/2018/feb/10/web-giant-cloudflare-storing-extreme-neo-nazi-content-on-uk-soil
 and hope: https://www.theguardian.com/commentisfree/2018/feb/12/encryption-safe-hillary-clinton-secure-backdoors-privacy
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February 12, 2018, 11:03:23 AM
Merited by yefi (1)

Machine learning + machine gun = fucking scary

It doesn’t matter if the machine isn’t conscious if it can mow you down instantly.
On a robot cheetah. That runs faster than any man alive. Without tiring. You can't trip it, you can't outrun it, can't out-aim it, can't hurt it with anything less than a hammer.

https://www.youtube.com/watch?v=_luhn7TLfWU

https://www.youtube.com/watch?v=chPanW0QWhA
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February 12, 2018, 11:04:30 AM

https://twitter.com/Aztek_btc/status/962741112887586816
@Aztek_btc
17h17 hours ago

Im giving away 0.5 BTC to a random someone within the next 60 days for doing the following:
1. Must retweet this tweet
2. Respond to a bank advertisement on any social media with a link of some corruption that that bank did & quote "Dont trust banks #BanksAreCorrupt #BuyBitcoin"
43 replies 161 retweets 191 likes

Funnily enough, there was some article about the BIS bitching and moaning about crypto being a bubble and ponzi scheme just yesterday if I recall correctly. Pretty sure we passed it through this thread as well. I had no clue what the BIS was, so I had to google it. And the first thing that showed up were corruption scandals and allegations.
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February 12, 2018, 11:04:59 AM

final spam is relevant even
http://woobull.com/nvt-signal-a-new-trading-indicator-to-pick-tops-and-bottoms/
any good?
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February 12, 2018, 11:05:58 AM

Machine learning + machine gun = fucking scary

It doesn’t matter if the machine isn’t conscious if it can mow you down instantly.
On a robot cheetah. That runs faster than any man alive. Without tiring. You can't trip it, you can't outrun it, can't out-aim it, can't hurt it with anything less than a hammer.

https://www.youtube.com/watch?v=_luhn7TLfWU

https://www.youtube.com/watch?v=chPanW0QWhA
My future vehicle of choice.
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February 12, 2018, 11:09:41 AM
Merited by yefi (1)

In more positive robotic news: https://www.youtube.com/watch?v=F_brnKz_2tI
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February 12, 2018, 11:14:26 AM

I had no clue what the BIS was, so I had to google it.

The BIS is the ‘central bank of central banks’. To be honest, the recent media outings of their chairman on the rise of cryptocurrencies were not exactly what the public is waiting for in terms of banking reform (how not to increase faith of the public in banks or: a PR disaster in the making). I hate to say it but the physical appearance of the guy also does not help in the minds of the public.

It all smells like making their long term irrelevance a given by their own (in)action, even without the ascent of cryptocurrencies.
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February 12, 2018, 11:18:57 AM

I had to leave this here:

https://www.reddit.com/r/btc/comments/7vgj26/explanation_of_btc_crash/?st=JDK4L4MG&sh=eee252dd
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February 12, 2018, 11:27:22 AM
Last edit: February 12, 2018, 11:41:57 AM by sirazimuth

Machine learning + machine gun = fucking scary

It doesn’t matter if the machine isn’t conscious if it can mow you down instantly.
On a robot cheetah. That runs faster than any man alive. Without tiring. You can't trip it, you can't outrun it, can't out-aim it, can't hurt it with anything less than a hammer.

https://www.youtube.com/watch?v=_luhn7TLfWU

https://www.youtube.com/watch?v=chPanW0QWhA

Check out episode 5 of latest season of “Black Mirror”
One of those things is main character and it’s frikkin downright
scary and creepy.
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February 12, 2018, 11:35:26 AM

Machine learning + machine gun = fucking scary

It doesn’t matter if the machine isn’t conscious if it can mow you down instantly.
On a robot cheetah. That runs faster than any man alive. Without tiring. You can't trip it, you can't outrun it, can't out-aim it, can't hurt it with anything less than a hammer.

https://www.youtube.com/watch?v=_luhn7TLfWU

https://www.youtube.com/watch?v=chPanW0QWhA

Check out episode 4 (i think) of latest season of “Black Mirror”
One of those things is main character and it’s frikkin downright
scary and creepy.

Episode 5 (one of the duller episodes imho)
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February 12, 2018, 11:49:48 AM

In more positive robotic news: https://www.youtube.com/watch?v=F_brnKz_2tI
I remember seeing this sometime ago and it made me really excited for future possibilities. Imagine a world in which you can e.g. pick up an instrument and master it in a very short time (the interface between the bionic arm and the brain "learns" through machine learning algorithms, which are going to get more and more sophisticated). And mechanical things like that are just the surface. Perhaps we'll be able to experience new colours and sounds by increasing our bandwidth and resolution, or even navigating (digital) spaces of higher and lower spatial dimensions than 3.

I had no clue what the BIS was, so I had to google it.

The BIS is the ‘central bank of central banks’. To be honest, the recent media outings of their chairman on the rise of cryptocurrencies were not exactly what the public is waiting for in terms of banking reform (how not to increase faith of the public in banks or: a PR disaster in the making). I hate to say it but the physical appearance of the guy also does not help in the minds of the public.

It all smells like making their long term irrelevance a given by their own (in)action, even without the ascent of cryptocurrencies.
I'm not overly concerned with the mind of the public. We have a very strong support and an increasingly large industry. The public mainstream will eventually follow along, regardless of whether or not they realize it (e.g. by crypto forming some invisible back-end in Paypal like apps).

When the internet and computers were more fringe, even as little as two decades ago, people who used those were often frowned and shunned upon by the rest of the population. And we can all see where those innovations are now. There's also no denying that some developments in the blockchain industry, as well as the blockchain itself, are groundbreaking by a multitude of measures. What the internet did for information, the blockchain does for finance.
I'm trying really hard to find cases in which cryptos could fail to better educate myself, but I can't seem to find any that aren't less probable than winning the lottery. From what I've gathered over the years, far too many factors would have to align simultaneously to bring the crypto space down, and I just don't see it happening.
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February 12, 2018, 11:57:19 AM
Last edit: February 12, 2018, 12:09:00 PM by mymenace

I had no clue what the BIS was, so I had to google it.

The BIS is the ‘central bank of central banks’. To be honest, the recent media outings of their chairman on the rise of cryptocurrencies were not exactly what the public is waiting for in terms of banking reform (how not to increase faith of the public in banks or: a PR disaster in the making). I hate to say it but the physical appearance of the guy also does not help in the minds of the public.

It all smells like making their long term irrelevance a given by their own (in)action, even without the ascent of cryptocurrencies.

IMF owns BIS - steal from the poor give to the rich

Their currency is
Standard Drawing Rights - the king of money

How your wealth is finally processed

https://www.rt.com/business/418523-cryptocurrency-regulation-inevitable-imf/
Earlier, the head of the Bank for International Settlements (BIS) Agustin Carstens said bitcoin is “a combination of a bubble, a Ponzi scheme and an environmental disaster,” calling central banks to crack down on cryptocurrencies.

                                                                                    Agustin_Carstens


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February 12, 2018, 11:57:31 AM

1:10 link between BTC and ETH seems to have stretched with that little pump.  

On regulation: politicians are starting to figure out that crypto is wildly popular and that there are votes in being pro-crypto. There’s a lot that politicians will do to be voted back into office....
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February 12, 2018, 12:12:03 PM

1:10 link between BTC and ETH seems to have stretched with that little pump.  

On regulation: politicians are starting to figure out that crypto is wildly popular and that there are votes in being pro-crypto. There’s a lot that politicians will do to be voted back into office....
I don't care if they believe in crypto or not, if they actually turn pro-crypto - even if just to gain votes - that would be a positive development for humanity. After all, governments are supposed to represent the interests of the people. If all of politics worked this way I don't think I'd have any further problem with it other than the oversized bureaucracy, excessive tax rates, and sometimes overly strict regulations.

But the latter issues require more education in the general population beyond partisan bullshit. It's easy to be pro-crypto because there's a very realistic chance to make a fortune with it. That's not the case with the other issues, which are far more intricate and grossly misrepresented and oversimplified in politics and media.
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February 12, 2018, 01:43:50 PM

I had no clue what the BIS was, so I had to google it.

The BIS is the ‘central bank of central banks’. To be honest, the recent media outings of their chairman on the rise of cryptocurrencies were not exactly what the public is waiting for in terms of banking reform (how not to increase faith of the public in banks or: a PR disaster in the making). I hate to say it but the physical appearance of the guy also does not help in the minds of the public.

It all smells like making their long term irrelevance a given by their own (in)action, even without the ascent of cryptocurrencies.

IMF owns BIS - steal from the poor give to the rich

Their currency is
Standard Drawing Rights - the king of money

How your wealth is finally processed

https://www.rt.com/business/418523-cryptocurrency-regulation-inevitable-imf/
Earlier, the head of the Bank for International Settlements (BIS) Agustin Carstens said bitcoin is “a combination of a bubble, a Ponzi scheme and an environmental disaster,” calling central banks to crack down on cryptocurrencies.

                                                                                    Agustin_Carstens




I find pretty ironic everyone insist in calling that guy "The head" when they should call it "The body".
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February 12, 2018, 02:10:16 PM

I had no clue what the BIS was, so I had to google it.

The BIS is the ‘central bank of central banks’. To be honest, the recent media outings of their chairman on the rise of cryptocurrencies were not exactly what the public is waiting for in terms of banking reform (how not to increase faith of the public in banks or: a PR disaster in the making). I hate to say it but the physical appearance of the guy also does not help in the minds of the public.

It all smells like making their long term irrelevance a given by their own (in)action, even without the ascent of cryptocurrencies.

IMF owns BIS - steal from the poor give to the rich

Their currency is
Standard Drawing Rights - the king of money



How your wealth is finally processed

https://www.rt.com/business/418523-cryptocurrency-regulation-inevitable-imf/
Earlier, the head of the Bank for International Settlements (BIS) Agustin Carstens said bitcoin is “a combination of a bubble, a Ponzi scheme and an environmental disaster,” calling central banks to crack down on cryptocurrencies.

                                                                                    Agustin_Carstens




I find pretty ironic everyone insist in calling that guy "The head" when they should call it "The body".


I thought Augustus Gloop got sucked up the chocolate pipe at Willie Wonka’s Chocolate factory....
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