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

[Torque]

Holy fuck.  We may have just solved the last mile problem in crypto.  This looks serious and legit.

https://www.trueusd.com

Long awaited alternate of Tethers. But we still seriously need more alternates of USD/EURO/etc.

I already have a stable digital currency that is accepted pretty much anywhere in the world that matters to me. It's called the USD in my bank account. And the greatest part is, it's purpose-built for spending not hodling!

[1713482767]

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[1713482767]

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[jojo69]

I remember making fun of UNO when it first came out.  One poster, in this thread I believe, figured why go with half measures and proposed ONECOIN...there will only ever be one.

[HI-TEC99]

Try picking up even 1 UNO

Are they even rarer than sMerits?

[Gab0]

[https://i.imgur.com/J9Of5ke.png[/img]


https://www.usmarshals.gov/assets/2018/bitcoinauction/

Why you posting this information without describing the context?

It appears to be an auction that already took place January 18, 19, 2018... right?

What is the point that you are trying to make with this information?

My intention is simply to share information that may (or not) have some relevance in the market. Anyway, I made a mistake, and my intention was to refer an auction that is still to happen on March 19 of ~2000 bitcoins.
https://www.usmarshals.gov/assets/2018/marchbitcoinauction/

I'm sorry I did not provide a description, but sometimes I'm too lazy to try writing in English.
 
Also, apparently there is not much transparency about the bitcoins seized, to the point that they do not even know how much they have. What I think is a topic that can be very suggestive for those who love conspiracy theories.
http://fortune.com/2018/02/21/government-forfeiture-bitcoin-auction/#90f651ea-e841-4a36-93c9-15b8e363e882

[JayJuanGee]

[https://i.imgur.com/J9Of5ke.png[/img]


https://www.usmarshals.gov/assets/2018/bitcoinauction/

Why you posting this information without describing the context?

It appears to be an auction that already took place January 18, 19, 2018... right?

What is the point that you are trying to make with this information?

My intention is simply to share information that may (or not) have some relevance in the market. Anyway, I made a mistake, and my intention was to refer an auction that is still to happen on March 19 of ~2000 bitcoins.
https://www.usmarshals.gov/assets/2018/marchbitcoinauction/

I'm sorry I did not provide a description, but sometimes I'm too lazy to try writing in English.
 
Also, apparently there is not much transparency about the bitcoins seized, to the point that they do not even know how much they have. What I think is a topic that can be very suggestive for those who love conspiracy theories.
http://fortune.com/2018/02/21/government-forfeiture-bitcoin-auction/#90f651ea-e841-4a36-93c9-15b8e363e882

Thanks for the explanation.

Certainly, I believe that an auction occurring in the future would be more relevant to thread discussions or BTC price dynamics or other happenings in the bitcoin space as compared with an auction that had already taken place - unless you were trying to make some kind of a point about the earlier auction.

I suppose it could be interesting to note, too, how many auctions of BTC are taking place on an ongoing basis and the quantity of coins, but I had not really been paying attention to whether there are any significant changes in quantity of coins auctioned or frequency of auctions - even though the combined number of coins, between the two auctions, is certainly a decent amount (more than 5k bitcoins auctioned by USA marshalls in past few months) involving various court cases.

[HI-TEC99]

...

I suppose it could be interesting to note, too, how many auctions of BTC are taking place on an ongoing basis and the quantity of coins...

Coindesk says before 2018 the last auction was in mid-2016. That's a gap of over one and a half years with no auctions.

The 2,170 bitcoins they are auctioning on March 19 probably won't make much difference to the exchange prices. That's a tiny number of coins compared to the first auctions they had.

https://www.coindesk.com/us-marshals-auction-25-million-bitcoin/

It's also the second sale to take place within a nearly two-year period, given that prior to this year, the last auction occurred in mid-2016, when the agency sold 2,700 BTC

[HairyMaclairy]

Have enjoyed watching United Bitcoin dwindle from $120 to $40 over the past few days.  

[Rosewater Foundation]

...

I suppose it could be interesting to note, too, how many auctions of BTC are taking place on an ongoing basis and the quantity of coins...

Coindesk says before 2018 the last auction was in mid-2016. That's a gap of over one and a half years with no auctions.

The 2,170 bitcoins they are auctioning on March 19 probably won't make much difference to the exchange prices. That's a tiny number of coins compared to the first auctions they had.

https://www.coindesk.com/us-marshals-auction-25-million-bitcoin/

It's also the second sale to take place within a nearly two-year period, given that prior to this year, the last auction occurred in mid-2016, when the agency sold 2,700 BTC

Word is they've decided to throw in a Wu-Tang album and a Picasso to sweeten the deal.
https://www.ft.com/content/a4e00c7c-20c4-11e8-a895-1ba1f72c2c11

[jojo69]

Word is they've decided to throw in a Wu-Tang album and a Picasso to sweeten the deal.
https://www.ft.com/content/a4e00c7c-20c4-11e8-a895-1ba1f72c2c11

ooooh

look at fancy Mr. paywall access

[Paashaas]

Bitcoin user adoption is currently at 0.95%....

We are still in the innovators range, we haven't seen anything yet 
 

[Rosewater Foundation]

Word is they've decided to throw in a Wu-Tang album and a Picasso to sweeten the deal.
https://www.ft.com/content/a4e00c7c-20c4-11e8-a895-1ba1f72c2c11

ooooh

look at fancy Mr. paywall access

I had access when I visited it through a newsfeed. That must be how they get you.

Here, Pharma Bro ordered to give up the goods.

http://thehill.com/policy/finance/376783-shkreli-ordered-to-forfeit-736-million-in-assets-could-include-wu-tang-clan

[HairyMaclairy]

How do you calculate the 0.95%?

[Rosewater Foundation]

How do you calculate the 0.95%?

With a spoon
because it'll hurt more.

[JayJuanGee]

Bitcoin user adoption is currently at 0.95%....

We are still in the innovators range, we haven't seen anything yet 
 

Do you really believe that?

I guess I am asking the same question as Harry Berry.

The world population is about 7 billion, so anything approaching a 1% adoption rate would be around 70million peeps, and I would have a hard time believing that even half that number of peeps own more than $100 worth of bitcoin (or even if you include other cryptos, too). 

In other words, we gots our selfies a pretty small universe of adopters... and even getting up to 1% of the worlds population is likely going to cause a considerable increase in price, if it happens (or should I say when?).

[Bitcoinaire]

It seems like we may be crossing the chasm....

[TERA2]

1% adoption of bitcoin is 100% of what I expected in a good scenario. Most national currencies are used by less than 1% of the world. The idea of a whole world that uses bitcoin is a fantasy.

[JayJuanGee]

1% adoption of bitcoin is 100% of what I expected in a good scenario. Most national currencies are used by less than 1% of the world. The idea of a whole world that uses bitcoin is a fantasy.

Ok.... .so where are we currently?  Let's say anyone that uses, used, holds or has held more than $100 in bitcoin (or crypto for that matter) in the last year would count as an "adopter"... are we at .2% or .5% or something approaching 1%, currently?

[TERA2]

1% adoption of bitcoin is 100% of what I expected in a good scenario. Most national currencies are used by less than 1% of the world. The idea of a whole world that uses bitcoin is a fantasy.

Ok.... .so where are we currently?  Let's say anyone that uses, used, holds or has held more than $100 in bitcoin (or crypto for that matter) in the last year would count as an "adopter"... are we at .2% or .5% or something approaching 1%, currently?

A different poster said we wereit's already at 1%. I'm not sure if I agree we are actually there yet. It might be off by say, just 1 order of magnitude.

[Rosewater Foundation]

It seems like we may be crossing the chasm....

"Carolina", he screamed again. "There's that damned wormtrain. Making snake straight across your chasm! Now what have I told you, if I ever caught him 'round here I'd whoop him." She said nothing, smoothed the sides of her dress, and sighed. "You know", she said, kicking the kitchen floor. "Maybe I might should just leave then." "The power is in you little lady," he said. He walked her to the window. "See that rainbow? Well, you just keep clicking those heels."

[bitserve]

I don't think we even are at 1% adoption by "first world" population much less total worldwide population.

More than 0.1%? Probably yes.