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

[Kylapoiss]

https://twitter.com/cryptanzee/status/1040280372259553280?s=21

EXACTLY 

Theres some merit for you, gave you everything I had

its tough always sitting on the edge of Smerit isn't it..... just to much things there to MERIT around here ..... 

but i did like that video .... and i'm not 1 of those fallen idiots 

I don't know about sitting on the edge, this was my first time to give them out and I gave them all but true, most of the posts in this thread deserve merits.

Yeah, I hope I'm not falling too, not sure about the idiocracy

[El duderino_]

Saw on Twitter somewhere

via Imgflip Meme Generator

saw this one on twitter to..... thought it needed a bit of correction
FOOLS will be FOOLS offcourse

[El duderino_]

i do not mind suffering but i was lucky coming in BTC when the price started the reversal @ 350-ish so i started in the maximum uptrend ..... and was able to build a stash @ cheap prices @ that time (also bought my 5-6-7-till 12k coins .....) bust 80%  under 1K

[Wekkel]

A little better, but still expensive
https://ibb.co/kKMUFU][img]https://preview.ibb.co/dj7fN9/2018_09_13_23_57_19.png

Only Apple goes on stage with up to 2 year old models.

"Hé, we are Samsung. We've got this shiny new Galaxy S10 thing that can do tons of cool new stuff.....

but you can also buy our Galaxy S8 from 2017 for $800...."  

Android users are awake  

[El duderino_]

^
Thats true but fun as well sometimes..... Going to bed hoping to dream of an extension of today (reversal extentions )
Let see what the morning gonna bring , for those that forgot to BUY the DIP or waiting for lower prices , just buy Some now (never No) and bob we didn’t saw 6700 yet 

[xhomerx10]

https://www.coindesk.com/landmark-crypto-crime-case-ends-with-jail-sentence-for-gaw-ceo/

Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge.

Garza was given six months home confinement as part of a 3-year probationary period following release.

Thursday's sentencing caps a years-long saga that began in 2014, with allegations that GAW was functioning as a Ponzi scheme by selling more cryptocurrency mining processing power than the firm actually possessed.

Garza had good legal representation as he got off with a light sentence. His was the number one cryptocurrency scam I wrote about back in 2015; Litecoin GEAR came in second place.

What a douchnozzle:

 Agreed

[BitcoinNewsMagazine]

https://www.coindesk.com/landmark-crypto-crime-case-ends-with-jail-sentence-for-gaw-ceo/

Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge.

Garza was given six months home confinement as part of a 3-year probationary period following release.

Thursday's sentencing caps a years-long saga that began in 2014, with allegations that GAW was functioning as a Ponzi scheme by selling more cryptocurrency mining processing power than the firm actually possessed.

Anyone want to buy a couple Gridseed miners?  LOL, I still have 2 sitting in boxes.

Gridseed wasn't them now was it? The Gridseed used hurricane chips and the zeus line was Gaw right? I owned a thunder x3 I custom modded and sold years ago.

Gridseed and Zeus Miners were legit companies that made miners they sold under their own brand. GAW also resold them and had Zeus Miners make some miners for GAW that were rebranded with names like Falcon and War Machine. The Thunder was a Zeus made and branded miner.

[crypmike]

[Deeyoh]

https://www.coindesk.com/landmark-crypto-crime-case-ends-with-jail-sentence-for-gaw-ceo/

Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge.

Garza was given six months home confinement as part of a 3-year probationary period following release.

Thursday's sentencing caps a years-long saga that began in 2014, with allegations that GAW was functioning as a Ponzi scheme by selling more cryptocurrency mining processing power than the firm actually possessed.

Anyone want to buy a couple Gridseed miners?  LOL, I still have 2 sitting in boxes.

Gridseed wasn't them now was it? The Gridseed used hurricane chips and the zeus line was Gaw right? I owned a thunder x3 I custom modded and sold years ago.

Gridseed and Zeus Miners were legit companies that made miners they sold under their own brand. GAW also resold them and had Zeus Miners make some miners for GAW that were rebranded with names like Falcon and War Machine. The Thunder was a Zeus made and branded miner.

Yeah, must have been resells.  Have my email still from GAW in March 2014.  Funny, was 400 bucks back then and maybe mined like .1 BTC and various other coins.  Sold all them for BTC probably equaled about .8 BTC.

300+ KH/s Single Gridseed ASIC Miner

2
$189.95 USD
$379.90 USD
Subtotal:
$379.90 USD
Shipping:
$16.72 USD
Grand Total:
$396.62 USD
Payment method:
credit-card
GAW Miners

[crypmike]

LOL it has happened) Guy who created this is genius  


https://twitter.com/CTCNBC/status/1040361378710806529

[sirazimuth]

https://www.coindesk.com/landmark-crypto-crime-case-ends-with-jail-sentence-for-gaw-ceo/

Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge.

Garza was given six months home confinement as part of a 3-year probationary period following release.

Thursday's sentencing caps a years-long saga that began in 2014, with allegations that GAW was functioning as a Ponzi scheme by selling more cryptocurrency mining processing power than the firm actually possessed.

https://bitcointalk.org/index.php?topic=857670.msg45653143#msg45653143

[yefi]

Deeper than dot-coms (officially)

As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent.
The tumble has now surpassed the Nasdaq Composite Index’s 78 percent peak-to-trough decline after the dot-com bubble burst in 2000.

https://www.bloomberg.com/news/articles/2018-09-12/crypto-s-crash-just-surpassed-dot-com-levels-as-losses-reach-80

They talk as if there is an equivalency, but the Nasdaq had an inflation-adjusted peak capitalization greater than ten times the crypto peak. We can't talk about recapitulation until we reach the trillions USD imo.

[Torque]

A little better, but still expensive

Only Apple goes on stage with up to 2 year old models.

"Hé, we are Samsung. We've got this shiny new Galaxy S10 thing that can do tons of cool new stuff.....

but you can also buy our Galaxy S8 from 2017 for $800...."  

Android users are awake  

[xhomerx10]

A little better, but still expensive

Only Apple goes on stage with up to 2 year old models.

"Hé, we are Samsung. We've got this shiny new Galaxy S10 thing that can do tons of cool new stuff.....

but you can also buy our Galaxy S8 from 2017 for $800...."  

Android users are awake  

 ...but  ...but ...but no headphone jack 

[yefi]

Google's top fraud fighter explains why it's risky to brag about owning bitcoin

https://www.cnbc.com/2018/09/13/google-email-fraud-fighter-mark-risher-how-hackers-target-you.html

I see Google are offering USB U2F keys: good. I also see Google are offering an account recovery form if you lose them: bad.

[JimboToronto]

I find it appropriate that the comparison is between Ethereum, a scammy shitcoin, and overpriced low-quality Apple garbage.

Fitting. 

[HairyMaclairy]

Down we go.

[STT]

I'll agree BTC is above the 8 day average which for a while I've been watching for an indicator of positive momentum.   However we're also still lodged under 6500 for the moment and need to break the ice of that one to surface higher.
I wouldnt call it rally mode exactly, more of a patient sideways area again.    I guess someone looking on a daily basis might say more but thats where it becomes less speculative and more about events and developments having an effect

I find it appropriate that the comparison is between Ethereum, a scammy shitcoin, and overpriced low-quality Apple garbage.

Fitting.  

Markets doubted Apple for years though.  Its over hyped in price now maybe but relative to the revenue that company brings in it was cheap for years.    They are just reselling other peoples ideas but also I dont doubt they have consumer loyalty to whatever they do.   Apparently people value their usability or style but is that worth a 70% markup I dont know.   But theres been lots of doubts expressed about Apple no doubt.   A good time to be bullish on them was when Mr. Jobs passed away.  Actually its now when he is a far distant influence that it would make more sense to be bearish, as the company is likely to become just another corporate sheep


If we break up but achieve less then the previous peak of 7300 then Im quite bearish medium term, mostly I presume we go sideways

[Torque]

Mike Novogratz, what a fkn genius Bitcoin oracle this guy is  

https://unhashed.com/cryptocurrency-news/mike-novogratz-cnbc-bitcoin-bottomed/
Mike Novogratz to CNBC: ‘I Think Bitcoin’s Price has Bottomed’. “I think we’ve pretty much bottomed,” says Novogratz. “I’m not positive we’ve bottomed, but it feels like we have.”
July 23rd: Bitcoin Price $8497

https://www.cnbc.com/2018/09/13/michael-novogratz-calls-a-bottom-in-cryptocurrencies.html
"I think we put in a low yesterday," Michael Novogratz says in a tweet.
Sept 13th: Bitcoin Price $6458

LOL  

[infofront]

Google's top fraud fighter explains why it's risky to brag about owning bitcoin

https://www.cnbc.com/2018/09/13/google-email-fraud-fighter-mark-risher-how-hackers-target-you.html

I see Google are offering USB U2F keys: good. I also see Google are offering an account recovery form if you lose them: bad.

Complete with backdoors for all 3-letter US agencies.