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

[Biodom]

Who wants to play this quizz?
Please, no googling or it s NO FUN:

Your best guess what was the last name of the 'political officer' character in the "Hunt for Red October" movie (1990).
As a reminder, this was the guy whose neck captain Ramius broke to replace the orders with his own edition and initiate the defection plan.

Reply as

Last name:  

[jbreher]

Thanks Jbear.  I must admit with all the BCH forks flying around I am losing track of which BCH is supposed to be the real BCH.  Is it the Peter R or Alex F version or someone else’s?

You seem to be unable to discern the difference between: an instance of a blockchain; and a proposal for an instance of a client.

So is the instance of the client with OP_Group enabled the real BCH client or is the real BCH client the one without OP_Group?

Download 'em, run 'em, and see which work on the blockchain.

Oh, you can't? You won't? Not my problem.

[Last of the V8s]

Bears putting in some work for once.

[Bitcoinaire]

Down again!

[Last of the V8s]

This guy market buying 6k coins

[Derpinheimer2]

This guy market buying 6k coins

You mean the invisible bid wall that just ate up around 5k BTC? Very nice 

[xhomerx10]

Last name: Ver

NB  I cheated by Googling it and Snoping the Google just to be sure.

[serveria.com]

Funny how before every dump we see a wave of beartrolls here spamming and posting their laughable 3k and 5k graphs. Pathetic attempt, you need to try harder!  

[JayJuanGee]

Guys, this doesn't look pretty to me:

Yeah.... If you draw a bunch of down arrows, and you say that the situation looks bad (or not pretty), then that is really scary. 

It feels almost as if such a negative scenario could actually happen and largely because it is stated on a chart.

[El duderino_]

Mmm a dump .... So need a good quality movie before sleeping the nakend gun perfect to keep that smile on my face  
Let the recovery be BIG and take out al the bears thx and Goodnight

[Last of the V8s]

ni ni. don't let the shitcoiners bite

[Last of the V8s]

This guy market buying 6k coins

You mean the invisible bid wall that just ate up around 5k BTC? Very nice 

 6347 6321 and 6310 were all 3000 btc walls
fwiw

[Gab0]

Guys, this doesn't look pretty to me:

As the great contraindicator that you are (no offense), I would expect the market to do the exact opposite of that graph  

[HairyMaclairy]

Thanks Jbear.  I must admit with all the BCH forks flying around I am losing track of which BCH is supposed to be the real BCH.  Is it the Peter R or Alex F version or someone else’s?

You seem to be unable to discern the difference between: an instance of a blockchain; and a proposal for an instance of a client.

So is the instance of the client with OP_Group enabled the real BCH client or is the real BCH client the one without OP_Group?

Download 'em, run 'em, and see which work on the blockchain.

Oh, you can't? You won't? Not my problem.

I am fairly confident each will work on their respective blockchains.  Unless you are telling us with utmost confidence that Bcash lol won’t HF in November?

[kurious]

Kelly Loeffler, CEO Bakkt:

A critical element to price discovery is physical delivery. Specifically, with our solution, the buying and selling of Bitcoin is fully collateralized or pre-funded. As such, our new daily Bitcoin contract will not be traded on margin, use leverage, or serve to create a paper claim on a real asset. This supports market integrity and differentiates our effort from existing futures and crypto exchanges which allow for margin, leverage and cash settlement. Coupled with a secure, regulated warehouse solution, you can begin to see how this market infrastructure can help more institutions and consumers participate in the asset class.

https://medium.com/bakkt-blog/https-medium-com-kellyloeffler-price-discovery-f9c77885383

still need to know if they are going to use leverage within their own company
https://twitter.com/CaitlinLong_/status/1031565897167765505

Can't get on Twitter right now, but will check once I can.  It seems they are trying to dodge claims of paper Bitcoin being created by rehypothecation, - and saying 'we will do Bitcoin differently'.  I am still sceptical.  Leopard.. Spots...  

EDIT: I read Caitlin Long's points, she is asking the questions and has been a long term advocate of shares on the Blockchain to prevent things like the Dole Foods shares problem:

https://www.nytimes.com/2017/03/21/business/dealbook/dole-case-illustrates-problems-in-shareholder-system.html

[Last of the V8s]

https://www.justice.gov/usao-sdca/pr/bitcoin-dealer-indicted-money-laundering-charges-held-without-bond
Another bitcoiner kidnapped for the crime of having money.

[kurious]

https://www.justice.gov/usao-sdca/pr/bitcoin-dealer-indicted-money-laundering-charges-held-without-bond
Another bitcoiner kidnapped for the crime of having money.

Yeah - pretty SERIOUS cash involved:

"According to AUSA Ciaffa, Burrell’s activities “blew a giant hole” through the legal framework of U.S. anti-money laundering laws by soliciting and introducing into the U.S. banking system close to $1 million in unregulated cash."

'A million dollars'?  I think there's a meme for this somewhere.... 

Jeez, he could have made up to fifty thousand bucks.

[gentlemand]

Poor kid, can't believe he's going to spend all of his remaining lifetime in the prison just for trading between bitcoin/fiat for a little bit of commission.

Any American should've realised long ago that if they dab their anus with someone else's 1 dollar bill that's enough to get you 1 trillion years in prison, that's if you don't have the local police roll out their M1 Abrams, paid for by civil asset forfeiture, and empty it in your face.

[ccminer.net]

https://www.justice.gov/usao-sdca/pr/bitcoin-dealer-indicted-money-laundering-charges-held-without-bond
Another bitcoiner kidnapped for the crime of having money.

Can't believe, but it AMERICA was not the land of freedom??
At least in the movies they keep saying so, menawhile USA army keep saving the world LOL

[gentlemand]

Can't believe, but it AMERICA was not the land of freedom??

That's what they order you to repeat every morning at school at least.