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

[Ibian]

Doesn't anyone else think Elon Musk's twitter was hacked during that spat of them saying "Change your passwords!" due to their own breach of the database of all their 450 million user accounts?
https://cryptopotato.com/elon-musk-will-bring-humans-to-mars-and-cryptocurrencies-to-the-moon/

Why would a ceo of a billion dollar company use "u" in his tweets?

The same reason why USA has Trump as the president.

Interesting times.

***Trump is still 100 times better than Shillary***

Trump is hilarious. Poor Kimmy must be so confused. Here is this crazy american, threatening nuclear war over twitter. And what does that result in? Peace between the north and south. It's like something out of a comedy.

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[Toxic2040]

Just wanted to point out the break through into cloud cover on the hourly. Short term might be looking at another small dip...but more sideways than not. #dyor


Always good opinions at CT imho.
https://cointelegraph.com/news/crypto-backed-fiat-currencies-sci-fi-or-missing-link-expert-take

Cryptocurrencies are still very volatile despite having increased significantly in value over the past 12 months. They are volatile because they are still in their infancy and investors are constantly trying to figure out what are the odds of them being successful. Assuming Bitcoin’s comparables are gold and the US Dollar, the probability of success of Bitcoin is currently priced between one and two percent (Bitcoin market capitalization divided by the value of all the gold ever mined or divided by the US Dollar M2 money supply).

Assuming Bitcoin has a one percent chance of being successful at becoming a global currency or a global store of value, it would not be absurd to consider investing one percent of a given central bank’s foreign exchange reserves like it was proposed by a prominent banker in Ghana a few months ago.

It is unlikely that cryptocurrencies will entirely replace fiat currencies - just like email did not entirely replace regular mail - but the two forms of currencies will have to learn to co-exist and live together. The cryptocurrency genie is out of the bottle and there is no way to put it back in. Central banks investing in cryptocurrencies could be a first step to build a bridge between the two worlds.

I put the odds significantly higher than 1%.

Some interesting data on exchange revenue.

[Ivor Biggun]

Doesn't anyone else think Elon Musk's twitter was hacked during that spat of them saying "Change your passwords!" due to their own breach of the database of all their 450 million user accounts?
https://cryptopotato.com/elon-musk-will-bring-humans-to-mars-and-cryptocurrencies-to-the-moon/

Why would a ceo of a billion dollar company use "u" in his tweets?

I dunno. It's plausible. He's been verifiably been otherwise acting erratically over the last week.

He is arguing with Warren Buffet on a moat filled with candy.
http://fortune.com/2018/05/05/warren-buffett-elon-musk-trolling-sees-candies-moats/

It does sound like he wants to build a Willy Wonka type theme park.
Billionaire has too much money to know what to do with it. Micheal Jackson syndrome?

Take that money and put it into crypto.
Built a Crypto virtual theme park!

Like benders?

[jbreher]

Some interesting data on exchange revenue.

https://i.imgur.com/tXfK6In.jpg

Interesting data indeed.

Interesting fine print, too:
"* Daily revenue estimated with CoinMarketCap reported 24 hour volume and fees listed on exchanges' websites"

I wonder how they determined how much of each exchange's daily volume to associate with that exchange's fee schedule tier?

[RayX12]

Doesn't anyone else think Elon Musk's twitter was hacked during that spat of them saying "Change your passwords!" due to their own breach of the database of all their 450 million user accounts?
https://cryptopotato.com/elon-musk-will-bring-humans-to-mars-and-cryptocurrencies-to-the-moon/

Why would a ceo of a billion dollar company use "u" in his tweets?

The same reason why USA has Trump as the president.

Interesting times.

***Trump is still 100 times better than Shillary***

Trump is hilarious. Poor Kimmy must be so confused. Here is this crazy american, threatening nuclear war over twitter. And what does that result in? Peace between the north and south. It's like something out of a comedy.

[RayX12]

I never understood why there is resistance? I dont get it, can somebody explain? 10k will break. Why are people building walls to hold it sub 10k as long as possible?

I never understood this too why people are selling during a bull run.

But the thing is

1) There are people who set a goal. "I bought at XX and will sell everything when it reaches 10.000"
2) Their are traders who sell and hope to crash the price by a few % and then buy back so they ultimately have more BTC
3) Wales make up sell walls (the 200 / 300 / 400 BTC walls you see) to keep the price below a certain level so they can buy all their BTC below a certain price. Once they are done they mostly lift their sell wall.

There are probably more reasons :-)

Whales hold Bitcoin down while they amass much profit in ALTS.  

agreed

Double exactly!! 

[El duderino_]

QUICK list 12288 is finisht GOOD LUCK   WO's

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30/04/2018 RayX12
05/05/2018 kaicrypzen
07/05/2018 InvoKing
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15/05/2018 Paashaas
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21/05/2018 rafanadal
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29/05/2018 ivomm
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02/06/2018 rjclarke2000
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04/06/2018 wachtwoord
05/06/2018 Wekkel
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11/06/2018 Raja_MBZ
12/06/2018 bitcoinPsycho
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30/06/2018 DarkStar_
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02/07/2018 jojo69
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13/07/2018 sirazimuth
14/07/2018 Ludwig Von
21/07/2018 Lauda
22/07/2018 LFC_Bitcoin
26/07/2018 Icygreen
02/08/2018 fragout
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06/08/2018 cAPSLOCK
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10/08/2018 HairyMaclairy
15/08/2018 Phil_S
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21/08/2018 BitcoinBunny
27/08/2018 soullyG
28/08/2018 RealMachasm
29/08/2018 STT
04/09/2018 flynn
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30/09/2018 DeathAngel
12/10/2018 IntroVert
15/10/2018 explorer
18/10/2018 Searing
26/10/2018 kurious
09/11/2018 fabiorem
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20/11/2018 Globb0
22/11/2018 Last of the V8s
01/12/2018 Alexander_Z
07/03/2019 CoinCube
15/04/2019 Spaceman_Spiff_Original
20/06/2019 bitebits
13/12/2019 nikauforest
10/04/2020 yefi
05/09/2020 samson   
23/06/2021 fortune143             

[RayX12]

Triple exactly!

[sirazimuth]

Doesn't anyone else think Elon Musk's twitter was hacked during that spat of them saying "Change your passwords!" due to their own breach of the database of all their 450 million user accounts?
https://cryptopotato.com/elon-musk-will-bring-humans-to-mars-and-cryptocurrencies-to-the-moon/

Why would a ceo of a billion dollar company use "u" in his tweets?

The same reason why USA has Trump as the president.

Interesting times.

***Trump is still 100 times better than Shillary***

yeah and his lawyer team have stepped it up a notch too....

[realr0ach]

Breaking - Daily Stormer forms alliance with the Asians to destroy the Jews:

https://dailystormer.name/duterte-preaches-revolutionary-pan-asian-racial-independence/

[RoomBot]

If anyone ever wants to know why I sound cynical then this is why. God it's going to be so fun to quote all those arrogant posts if new lows come.

[jbreher]

If anyone ever wants to know why I sound cynical then this is why. God it's going to be so fun to quote all those arrogant posts if new lows come.

http://sadtrombone.com/

[RoomBot]

"That sounds like my Cinco de Mayo hangover and indigestion."

[realr0ach]

[bitserve]

If anyone ever wants to know why I sound cynical then this is why. God it's going to be so fun to quote all those arrogant posts if new lows come.

[bitserve]

Talking about death... one of my Ledger wallets have died. It has a burn mark near the LCD (deforming the plastic case) as if it had internally shortcircuited or something....

Anyone knows if there is some warranty replacement or something?

Has it happened to anyone else?

[bitserve]

You know, that login captcha really tests me sometimes.

I often start to wonder, "Well could I be a robot and not know it?"

Wouldn't be surprised if we sideways between $8-9k all summer.

https://www.coindesk.com/short-ether-bitcoin-says-citrons-andrew-left/

"I Would Short Ether Before Bitcoin", Says Citron's Andrew Left

I've been wondering why someone has been buying truckloads of ETH at gemini's auction for weeks now. This could be the answer, a HUGE ETH short position coming. Especially if the SEC rules that ETH is in fact a security.

Also Andrew Left is a tool.

I also have a hard time solving captchas sometimes. It is reaching ridiculous levels. Soon it will be above human "processing" ability and only a new generation of very specialized bots will be able to solve them. Ironic, isn't it?

I think it is too soon to figure out what price range we would be at summer. OTOH, this struggling below $10K is exactly how we all supposed it would be when reaching this levels for the first time instead of the cut-through-$10K-as-if-it-were-butter we experienced in december.
We always thought $10K would be a MAJOR resistance/psycological price point, didn't we?

What are those Gemini auctions? OTC? How do you get those figures?

I wonder if ETH would be considered a security... would that apply to ETC too or it would make for some kind of flippening between the two? I mean, would it be a security because it was initially ICO'ed -then ETC also was- or would it be because of all the ICO's that have been launched from ETH?

So it does look like I am not the only one who thought about it. What other reason there would be for ETC rising alone now?

[infofront]

Join us in the next episode of Sesame Street where young goyim TERA learns the miracle of spoofing to harness the power of the fact humans have a finite lifespan, so there really is a sucker born every minute.

Spoofing and such is over-diagnosed here.

What is a goyim?

Don't feed the trolls.

[Ivor Biggun]

Talking about death... one of my Ledger wallets have died. It has a burn mark near the LCD (deforming the plastic case) as if it had internally shortcircuited or something....

Anyone knows if there is some warranty replacement or something?

Has it happened to anyone else?

There is no guarantee of money back, but if you fill out the linked form they might talk to you about the problem.

https://support.ledgerwallet.com/hc/en-us/articles/360000608113

What to do if my Ledger Nano S has screen, buttons, USB port issues

If you have issues with your buttons (stuck buttons, broken buttons…), damaged screen or pixelated screen, or a loose USB port, then please fill out this form. There is no guarantee of a refund or exchange, but this form must be filled out in order to begin the process.

[rafanadal]

Why is btrash doing so well ?