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

[Biodom]

London is outside of the Republic of London on this map 

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[Last of the V8s]

London is outside of the Republic of London on this map 

It seems to be designed for maximum bloodshed.

[jojo69]

London is outside of the Republic of London on this map 

makes at least as much sense as a bunch of the lines we drew in the middle East in 1919

[Arriemoller]

If you want to complain about London, complain about Brexit.  Now there’s a fuck up of mass proportions.  All the work is going to Dublin and Frankfurt.

I didn't think London was a part of Britain? Thought they had their own little exclave down there?

You seriously didn't think the capital of England was part of Britain?

EDIT: spelling error.

I think he means culturally.

There's London, then there are the Brexit supporters.

Or maybe he means  City of London, I have seen some conspiracy sites claim that it's not a part of Britain (it is). https://en.wikipedia.org/wiki/City_of_London

[HairyMaclairy]

[d_eddie]

Recently, fiat settled derivatives are one of my pet worries. There is no proof that they actually did much real damage by themselves yet: some reasonable sounding opinions argue that it's more of a psychological thing, like metaFUD/metaFOMO. These opinions sound reasonable on the basis of the numbers reported. Volume on futures was - is! - too low to harm seriously (although, with the underlying bitcoin market as thin as it is now, nothing is impossible).

However, if Soros and other big players are really getting into the cornfield, it's going to be tough play. I really hope the SEC approves some ETF, but backed by actual bitcoin, stored in blockchain addresses known to the public.

Along the same lines, futures and similar derivatives should be entirely bitcoin-backed. "For delivery", as they say, since delivering bitcoin is as easy as can be. BY doing so, you can push and pull the market only according to how many coins - not dollars - you hold. You can probably push/pull a bit further than that, because exchanges are quick to kiss the right ass, but when you finally have to deliver, you have to buy or sell actual bitcoin. Let the markets (and the unavoidable slippage) do the rest.

[Majormax]

Market history shows that it is safer to short in an established bear market, than at or near ath's.

After a 70% drop, another 70% drop is more likely, not less. Nearly everyone would think it was the other way around.

Not specific to Crypto, just actual history. Whether the 'investors' will be right or wrong, I cannot tell.

[Majormax]

Recently, fiat settled derivatives are one of my pet worries. There is no proof that they actually did much real damage by themselves yet: some reasonable sounding opinions argue that it's more of a psychological thing, like metaFUD/metaFOMO. These opinions sound reasonable on the basis of the numbers reported. Volume on futures was - is! - too low to harm seriously (although, with the underlying bitcoin market as thin as it is now, nothing is impossible).

However, if Soros and other big players are really getting into the cornfield, it's going to be tough play. I really hope the SEC approves some ETF, but backed by actual bitcoin, stored in blockchain addresses known to the public.

Along the same lines, futures and similar derivatives should be entirely bitcoin-backed. "For delivery", as they say, since delivering bitcoin is as easy as can be. BY doing so, you can push and pull the market only according to how many coins - not dollars - you hold. You can probably push/pull a bit further than that, because exchanges are quick to kiss the right ass, but when you finally have to deliver, you have to buy or sell actual bitcoin. Let the markets (and the unavoidable slippage) do the rest.

Agreed.

The future or an ETF are only a proxy for investors who cannot take reponsibility for their own holdings. Unlike Gold or Stock derivatives, I can see no effective transfer mechanism for the derivative price to significantly affect the actual traded price of BTC. 

[yefi]

Or maybe he means  City of London, I have seen some conspiracy sites claim that it's not a part of Britain (it is). https://en.wikipedia.org/wiki/City_of_London

Not heard of that before. I was referring to the divide between London and the rest of the country. They voted in favour of remain during Brexit, and some Londoners argued for separation from the UK.

[HairyMaclairy]

Curious as to why you think Bitcoin is less susceptible to price manipulation via futures than gold?

[Imbatman]

Can I get my birthday for the $12,288 game please?

August 19, 2018

[TERA2]

Super bullish

[HairyMaclairy]

Double bottom = classic TA

Also bottoming tends to be a process rather than an event.

[cAPSLOCK]

Super bullish

[Rosewater Foundation]

The argument for taint and title is strong
http://www.cl.cam.ac.uk/~rja14/Papers/making-bitcoin-legal.pdf

[Torque]

Curious as to why you think Bitcoin is less susceptible to price manipulation via futures than gold?

It is my understanding that in the paper metals world, none of the metal actually moves. No one takes physical possession, or calls anyone's bluff. So no one really knows how much physical metal any of the big bullion banks have stored. None ever get audited.

Even if bluffs were called, excuses would get made and long delays on physical delivery would be routine.

At least with Bitcoin, it's transparent enough that audits are as simple as a signed message. Deliveries are near instantaneous.

[RoomBot]

very quick short list  for a small "game list" or how i have to call it..... only  when breaking 12288 dollar price.....  almost same rules as the list before just a winning date AND
                                                                                                                                                                                                                                              .15 BTC for correct date
                                                                                                                                                                                                                                              only accounts with minimum 5 Merit and 20 activity (last time to many new pop't up  )
                                                                                                                                                                                                                                              LIST CLOSES tuesday 12 CET allways CET time  no execptions
just for quick enjoyment

normal tommorrow i look @the dates.... firts one posted has the choosen date , some one with the same date have too take another one so look out a bit....
DATES sended in PERSONAL MESSAGE will    NOT count

let us break back 5-digits      12288 = 10000 eu 5-digit for a change  

07/03/2018 CoinCube  
16/04/2018 serveria.com
27/04/2018 BinaryReign
29/04/2018 BobLawblaw
30/04/2018 RayX12
05/05/2018 kaicrypzen
07/05/2018 InvoKing
08/05/2018 ChinkyEyes
13/05/2018 mfort312
15/05/2018 Paashaas
16/05/2018 player99
17/05/2018 bikerleszno
19/05/2018 Bitcoinaire
20/05/2018 willope
21/05/2018 rafanadal
22/05/2018 strawbs
24/05/2018 yonton
25/05/2018 JimboToronto
26/05/2018 Colonel Panic
29/05/2018 ivomm
30/05/2018 Lontonbit
31/05/2018 BTCMILLIONAIRE
02/06/2018 rjclarke2000
03/06/2018 oblox
04/06/2018 wachtwoord
05/06/2018 Wekkel
08/06/2018 hisslyness
09/06/2018 LodisMcguire
11/06/2018 Raja_MBZ
12/06/2018 bitcoinPsycho
13/06/2018 erre
14/06/2018 vroom
15/06/2018 d_eddie
16/06/2018 coralreefer
18/06/2018 Robin,Hood
20/06/2018 rolling
22/06/2018 Biodom
23/06/2018 Dunkelheit667
25/06/2018 bones261
26/06/2018 Arriemoller
28/06/2018 klaaas
30/06/2018 DarkStar_
01/07/2018 o_e_l_e_o
02/07/2018 jojo69
04/07/2018 Elwar
13/07/2018 sirazimuth
14/07/2018 Ludwig Von
21/07/2018 Lauda
22/07/2018 LFC_Bitcoin
26/07/2018 Icygreen
03/08/2018 supremnoob
06/08/2018 cAPSLOCK
08/08/2018 infofront
10/08/2018 HairyMaclairy
15/08/2018 Phil_S
16/08/2018 Rosewater Foundation
17/08/2018 B1tUnl0ck3r
21/08/2018 BitcoinBunny
27/08/2018 soullyG
29/08/2018 STT
04/09/2018 flynn
08/09/2018 xhomerx10
09/09/2018 vapourminer
11/09/2018 Dakustaking76
22/09/2018 Agapios
26/09/2018 itod
30/09/2018 DeathAngel
12/10/2018 IntroVert
18/10/2018 Searing
09/11/2018 fabiorem
20/11/2018 Globb0
22/11/2018 Last of the V8s
01/12/2018 Alexander_Z
20/06/2019 bitebits
13/12/2019 nikauforest
05/09/2020 samson                    

is 01/06/2018 taken yet?

[Elwar]

Not a bad read for a lazy Sunday.

Abstract:
This report introduces the fundamental principles of the Blockchain focusing on its potential for the education sector. It explains how this technology may both disrupt institutional norms and empower learners. It proposes eight scenarios for the application of the Blockchain in an education context, based on the current state of technology development and deployment.
https://ec.europa.eu/jrc/en/publication/eur-scientific-and-technical-research-reports/blockchain-education

One of the worst industries is about to be disrupted.

[HairyMaclairy]

To break overall downtrend we need to get above about $8100 at the moment.  Obviously this amount decreases over time.  

At the current price of $7118 we would break the overall downtrend on 18 or 19 April.  

[Torque]

Speaking of London insanity, Sadiq Khan has lost his marbles:

http://www.foxnews.com/world/2018/04/08/london-mayor-sadiq-khan-targets-knives-as-murder-rate-spikes-there-is-never-reason-to-carry-knife.html

He tweeted: “No excuses: there is never a reason to carry a knife. Anyone who does will be caught, and they will feel the full force of the law.”

Unbelievable.