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

[bitcoinPsycho]

@jjg. Don't take this the  Wrong way but ive found you a new avatar

[Last of the V8s]

https://www.federalregister.gov/documents/2019/02/20/2019-02732/self-regulatory-organizations-proposed-rule-changes-cboe-bzx-exchange-inc

an early glimpse at the next round of etf blahblah

[JayJuanGee]

Analyst Mati Greenspan from eToro points to a positive correlation between popular cryptocurrencies and BTC. In some cases, the coefficient reaches 0.8, which is a lot. From this it follows that the bearish trend is still not in a hurry to end.

I am currently thinking that this particular price spike could get into the close to $5k arena, and still NOT be out of the range of threatening new bottoms.  Of course, the longer that BTC prices stay above $3,500, the more difficult it is going to become to make a lower low.  Would not be unreasonable to take a month or two before seeing a spike in one direction or another.. even if we might end up getting some ongoing gradual movement up to $5k-ish in the shorter term.

And, yes some of the attempt at analysis from that chart shows that various alt coins pursuers have not been demoralized.  I remain unsure about whether a demoralization needs to be a condition precedent before BTC prices could move up, but I do understand that certain signs that demoralization seems insufficient in various shitty (little to no value) alt projects is going to continue to create a decent amount of incentive for bearwhales to attempt to wring out a bit more of that value.. whether such bearwhales will be successful or not at wringing out shit value still remains to be seen in the coming months - and perhaps longer.

[Last of the V8s]

https://twitter.com/CryptoScamHub/status/1097713441454735360

The Epic Battle for Sound Money featuring Bitcoiners & Friends ⚔️💰 @adam3us @Excellion @giacomozucco @WhalePanda @TraceMayer @TuurDemeester @starkness @nvk @peterktodd @fluffypony @ToneVays @saifedean @BitcoinErrorLog @jimmysong @SatoshiLite @LeahWald @maxkeiser

[Toxic2040]

They should feel honored that Karhu accepted their blood as a worthy sacrifice.

"Hear me and rejoice!

You have had the privilege of being saved by the Great Karhu. You may think this is suffering. No... it is salvation. The universal scales tip toward balance because of your sacrifice. Smile... for even in the dips, you have become hodlers of bitcoin."

[BitcoinGirl.Club]

√-1 2^3 ∑ Π yesterday

Biology, Math and Physics now? 😋

I want some cake too

Do you think you can manage this? 😛
 


By the way, good evening guys. I am waiting for the kick off of Liverpool vs Bayern 🙂

[El duderino_]

https://twitter.com/CryptoScamHub/status/1097713441454735360

The Epic Battle for Sound Money featuring Bitcoiners & Friends ⚔️💰 @adam3us @Excellion @giacomozucco @WhalePanda @TraceMayer @TuurDemeester @starkness @nvk @peterktodd @fluffypony @ToneVays @saifedean @BitcoinErrorLog @jimmysong @SatoshiLite @LeahWald @maxkeiser@Micg

ftfy

[BitcoinGirl.Club]

The bear line is still at $4300 so still a fair ways to go before this counts as a break out.  Good times tho.

We were nearly there! I hope we will break it soon.

[600watt]

the amount of eth bashingfacts in this thread feels really good. keep up the good work. i will merit every altcoin basher.

[JayJuanGee]

the localbitcoin spike for the USD market was a flaw

this is how it looks today:

I will say that I had a bit of a spike in number of people contacting me from localbitcoins in the past few days.. but who knows?  Too short of a period and could be anecdotal aberrations, especially since I am in southern california.  

Yesterday, I did a transaction in the $500 to $1k range, and the guy attempted to slip me a phony $100.  We were in a public place, and I think that he was relying on the fact that sometimes it can be difficult (or uncomfortable) to attempt to examine the bills very closely in public places.  I do examine the old $100s (and the $50s), and in that case, I saw that the embedded small line of vertical numbers on one of his $100s were not there.  Kind of like a blur on the bill.  

I told him that "I cannot accept this one", and initially, he just said o.k. no problem, no problem.. as if he already expected such.  Then as he was exchanging the bad $100 out for a newer printed bill, he asked me what was wrong with the bill.  I told him that the number on the side was not there.  He attempted to proclaim that the bill was good and the number was merely blurred.  I told him that "it does not work like that," and he looked at the bill one more time by holding it up and just put the bill away without saying anything further to attempt to defend that bad bill.

I think that he was a bit embarrassed (probably by getting caught rather than by attempting to pass a bad $100 to me).. and usually buyers will linger around a bit after the transaction has been sent, but he quickly left the scene within seconds of my hitting "send" and seeing a "pending" was showing on my end.  

[infofront]

Thats a nice hat you got there friendo

Congratz on the hat and rank

Can we have a moment of silence (no posts for 60 seconds please kind sirs) in honor of Gembitz and Roach, two fallen bears who gave all they had to a lost cause, only to be liquidated in shame  as their tiny amounts of money were redistributed to wise and noble bulls. 

THIS IS BITCOIN COUNTRY!

They should feel honored that Karhu accepted their blood as a worthy sacrifice.

Who? Give me a pamphlet and a cup of kool aid and Im in.

It was a BTCtalk meme during the last crypto winter. https://bitcointalk.org/index.php?topic=405180.0

[BitcoinGirl.Club]

Update, dude. BTC is not waiting!

[El duderino_]

My prediction for 2019:

#Bitcoin will fall and hit $50,000 by the end of the year.

Why?

- LN growth
- Bakkt launch
- ETF speculation
- Increased global stress
- Interest rates continue to rise
- Record buildup in government debt
- Traditional markets continue to struggle

https://twitter.com/AlecZiupsnys/status/1097893097869062145
^
thats why i like that guy......... obviouslyyyyyy

[600watt]

Stamp touched $4,000.

Briefly...

almost better than touching myself.

[El duderino_]

Someone just paid 2100 ETH for transaction fees.

That is over $300,000 spent to transfer $15.

Did they mistaken the fee with sending value?

https://twitter.com/AlecZiupsnys/status/1097876988835102720

?? ??

[BitcoinGirl.Club]

Have we already seen this?

Google’s iOS keyboard just added a new symbol shining a light on Bitcoin and cryptocurrency. To find the new feature, make sure you have the Gboard app installed instead of the default Apple keyboard.

https://twitter.com/MeesterBitcoin/status/1097913788920225792/photo/1

[kenzawak]

thats why i like that guy......... obviouslyyyyyy

https://twitter.com/AlecZiupsnys/status/1097638209595604997



An article about that thought :

https://usethebitcoin.com/how-nasdaq-may-have-creatd-the-first-2019-bull-run/

"Nasdaq could be helping the cryptocurrency market more than expected. On Monday, the U.S. stock market exchange announced two cryptocurrency indexes.
...
This could be very positive in many different ways for the crypto market. The U.S. Securities and Exchange Commission (SEC) has rejected the applications of nine Bitcoin exchange-traded funds. The reason behind this decision was related to market manipulation. According to the regulator, exchanges acting as bitcoin’s reference price point remained loosely regulated.

In November 2018, Bloomberg reported that Nasdaq was planning to launch Bitcoin futures contract in 2019. According to these reports, the exchange was working with the Commodity and Futures Trading Commission (CFTC) to solve some of the regulatory issues mentioned by these agencies.

At the moment, it is not clear whether the BLX would play a crucial role in Nasdaq futures offerings. However, it provides transparency to a market that has been attacked for the lack of transparency."

[BitcoinGirl.Club]

Someone just paid 2100 ETH for transaction fees.

That is over $300,000 spent to transfer $15.

Did they mistaken the fee with sending value?

https://twitter.com/AlecZiupsnys/status/1097876988835102720

?? ??

This is called screwing up big time. Here is the tx: https://etherscan.io/tx/0x1f73b43dc9c48cc131a931fac7095de9e5eba0c5184ec0c5c5f1f32efa2a6bab

DAMN!

Edit: The wallet is still very rich: https://etherscan.io/address/0x587ecf600d304f831201c30ea0845118dd57516e

[Paashaas]

I've been strongly considering buying one of the new easy-mode LN devices like the Casa Hodl.

List of plug & play devices.

- Lightning In A Box, $399.99: Bitcoin Core + Lightning node
https://lightninginabox.co/product/lightning-in-a-box/

- Raspiblitz, $249.99: Bitcoin Core + Lightning node.
https://lightninginabox.co/product/raspiblitz-raspberry-pi-lightning-node/

- BTCPi, $179.99: BTCPay server with LND pre-installed.
https://lightninginabox.co/product/btcpi/

- Bitseed 3, $359.00: Bitcoin Core node.
https://bitseed.org/product/bitseed-3/

- Nodl, $399: Bitcoin Core + LND + BTCPay server pre-installed.
https://shop.lightning-solutions.eu/en/box/29-42-nodl.html#/26-storage-500_gb

- Casa node, $300: Bitcoin Core + Lightning.
https://store.casa/lightning-node

- Dojo from Samourai. Coming early 2019.
https://samouraiwallet.com/dojo

[600watt]

guys, you all know how it looks like when price on a chart is topping.

how about this one: