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

[kenzawak]

BITCOIN PRICE SURGE SEES VENEZUELA HIT RECORD LOCALBITCOINS HIGHS

https://bitcoinist.com/bitcoin-price-surge-sees-venezuela-hit-record-localbitcoins-highs/

"Data from monitoring resource Coin Dance, which tracks volumes on P2P Bitcoin exchanges Localbitcoins, Paxful and Bisq, confirmed South America in particular saw huge amounts of fiat currency change hands during the seven days ending April 6.

Having steadily increased over the past year, volumes for Localbitcoins in Venezuela led the way last week. In total, 26.4 billion sovereign bolivars (VES) went through the platform.
...

Economic woes are not confined to Venezuela, with Argentina and Colombia likewise seeing increased Bitcoin interest as its own difficulties persist.

Last week, just after investor and Bitcoin bull Tim Draper met the country’s president and even made a Bitcoin bet with him, ordinary Argentinians put more pesos through Localbitcoins than ever before – in total, 10.7 million ARS ($243,000).
...
A more unexpected result came in from across the world in Kazakhstan meanwhile, where Localbitcoins had its most successful week ever. In total through April 6, users just beat the all-time record in Tenge (KZT), with 38.8 million ($102,000) being exchanged."

[1714901656]

1714901656

[1714901656]

1714901656

[1714901656]

1714901656

[1714901656]

1714901656

[toknormal]

What is this a graph of ?

[vroom]

What is this a graph of ?

the weight of your girlfriend in kg?

[gentlemand]

Yes, I was thinking about an international money transfer.
National (i.e. within banking union like SEPA) money transfer are free.
Remeber anyway just holding USD 30,000,000 in a bank is going to cost you massive amounts of money.
In some country this charge would be explicit (Switzerland charges you money to keep it in banks over a certain amount).
In some other country it would be hidden in some other costs ( taxes, hidden charges, etc.)

Time is what people should focus on. I've heard of international transfers taking 10 days or more to more obscure parts of the world. In this day and age that's positively medieval.

[fillippone]

What is this a graph of ?

Users on the forum.

[Cryptotourist]

Gee, thanks WO, only 30 more pages to catch up.
I've been very busy lately, and BTC is looking good.
Fuckers.

[fillippone]

Yes, I was thinking about an international money transfer.
National (i.e. within banking union like SEPA) money transfer are free.
Remeber anyway just holding USD 30,000,000 in a bank is going to cost you massive amounts of money.
In some country this charge would be explicit (Switzerland charges you money to keep it in banks over a certain amount).
In some other country it would be hidden in some other costs ( taxes, hidden charges, etc.)

Time is what people should focus on. I've heard of international transfers taking 10 days or more to more obscure parts of the world. In this day and age that's positively medieval.

Time IS money.

[bitserve]

Tether gone nuts... So many USDT printings in the last 30 minutes. Expecting a move soon!

https://twitter.com/BtcBlockBot/status/1115194884699324416



Why am I up at this ungodly hour ? Back to sleep with me.

I have been in bitcoin since a fair amount of time now.
But it still amazes me: this guy moved 36 MIOS USD spending 23.07 USD.
How much would it cost to move such amount of money with traditional banking system?
No to think about moving this amount in GOLD (this is why Bitcoin, digital gold, is actually BETTER than physical gold).

0 in Spain unless you are an ignorant pleb that doesn't know any better. Not the case of someone with that amount of money. So 0, and instant transfer.

It has been a good amount of DECADES since I pay ANYTHING for a transfer. The instant thing is recent though (it was like 24-48 hours before)

[VB1001]

I like to publish the contrary opinions (FUD) you have to know what they think.

I have gotten to understand your posting habits well enough to know that you are generally posting bullish stuff, and decent bitcoin information. 

Nonetheless, frequently it will be good to highlight some level of analysis or pointing out that you are skeptical of the information.. meaning that you suspect that there is some FUDDING going on.  .. especially for the FUD materials...

 Ultimately, you do what you like, but sometimes information could be read out of context if you do not highlight the seemingly FUD part of it.

Ok, I thought it was clear to all of you what I think about BTC, there's no problem with the FUD news or chart, I will add a comment about it.

[gentlemand]

Ok, I thought it was clear to all of you what I think about BTC, there's no problem with the FUD news or chart, I will add a comment about it.

Please thank him for permitting you to continue to exist.

[fillippone]

Tether gone nuts... So many USDT printings in the last 30 minutes. Expecting a move soon!

https://twitter.com/BtcBlockBot/status/1115194884699324416



Why am I up at this ungodly hour ? Back to sleep with me.

I have been in bitcoin since a fair amount of time now.
But it still amazes me: this guy moved 36 MIOS USD spending 23.07 USD.
How much would it cost to move such amount of money with traditional banking system?
No to think about moving this amount in GOLD (this is why Bitcoin, digital gold, is actually BETTER than physical gold).

0 in Spain unless you are an ignorant pleb that doesn't know any better. Not the case of someone with that amount of money. So 0, and instant transfer.

It has been a good amount of DECADES since I pay ANYTHING for a transfer. The instant thing is recent though (it was like 24-48 hours before)

Can you transfer 32 Millions to the US for free? are you sure?
I bet you have free money transfer in SEPA (EU+ SUI) only.

[bitserve]

How much would it cost to move such amount of money with traditional banking system?

Where I live - $0.

I don't understand why this particular meme gives people erections.

Bull fucking shit, when you transfer large amounts especially internationally they start going off a percentage.

No one is handling 30,000,000 for free.

International, depending on the destination country might vary.

Even in that case (out of EURO zone)... when you deal with big amounts the bank earns its money from other deals you have with them so you get very good or zero rates for many things.

Of course, if you don't deal much with the bank and suddenly you have an incoming tx of 30 million you will be in deep shit (and I am not talking about fees here).

[gentlemand]

Can you transfer 32 Millions to the US for free? are you sure?
I bet you have free money transfer in SEPA (EU+ SUI) only.

If you stay inside developed countries you're fine. Everything falls apart the moment you step back into attempting to interact with third world countries like the USA. But you're still going to get a better deal than average if the amount is huge.

[bitserve]

Tether gone nuts... So many USDT printings in the last 30 minutes. Expecting a move soon!

https://twitter.com/BtcBlockBot/status/1115194884699324416



Why am I up at this ungodly hour ? Back to sleep with me.

I have been in bitcoin since a fair amount of time now.
But it still amazes me: this guy moved 36 MIOS USD spending 23.07 USD.
How much would it cost to move such amount of money with traditional banking system?
No to think about moving this amount in GOLD (this is why Bitcoin, digital gold, is actually BETTER than physical gold).

0 in Spain unless you are an ignorant pleb that doesn't know any better. Not the case of someone with that amount of money. So 0, and instant transfer.

It has been a good amount of DECADES since I pay ANYTHING for a transfer. The instant thing is recent though (it was like 24-48 hours before)

Can you transfer 32 Millions to the US for free? are you sure?
I bet you have free money transfer in SEPA (EU+ SUI) only.

Yep, you are right. The fee will surely be (way) higher (than BTC) in that case.

[VB1001]

reserve the order Lambos, Aston, Bentley...

meh. I'm thinking more on the order of Cirrus or Epic.

Lol, You are on another level.

Not a bad level to be. I wish it for all my WO brethren. Even those with whom I spar.

Personally I like something more discreet.
But it would be a good plan for WO
It's the real > fuckyourmoney.

[bitserve]

I like to publish the contrary opinions (FUD) you have to know what they think.

I have gotten to understand your posting habits well enough to know that you are generally posting bullish stuff, and decent bitcoin information. 

Nonetheless, frequently it will be good to highlight some level of analysis or pointing out that you are skeptical of the information.. meaning that you suspect that there is some FUDDING going on.  .. especially for the FUD materials...

 Ultimately, you do what you like, but sometimes information could be read out of context if you do not highlight the seemingly FUD part of it.

Ok, I thought it was clear to all of you what I think about BTC, there's no problem with the FUD news or chart, I will add a comment about it.

Tell him to fuck off. He will understand

[Icygreen]

New discovery today, you peeps ever try or hear of lolli?
They give free bitcoin rewards for money I'd have spent anyway by completing purchases through their affiliate links.
They look new but fairly well represented. Today I got 3.5% back for a purchase at booking.com, ya its legit.
I thought this would be interesting to the satoshi stackers out there.  I think this is so cool and another example of innovative steps forward towards adoption.

Using this link to register will reward my account https://lolli.com/ref/JhHPRKUMNM

Ok, so I signed up, where and when do I give them my BTC address?

You must collect $15 worth of BTC before you can transfer to your address. It'll accumulate in their custody until then. Your Hodl will be here www.lolli.com/account
And this should answer most any other questions you might have. https://www.lolli.com/about#FAQ

[VB1001]

Ok, I thought it was clear to all of you what I think about BTC, there's no problem with the FUD news or chart, I will add a comment about it.

Please thank him for permitting you to continue to exist.

Lol, it's okay to put some order.

I understand why he says it, n00bs, people who read and do not write, maybe he influences his decision and interprets the opposite of the publication.

Tell him to fuck off. He will understand

Do not be so hard on the.

[bitserve]

Tell him to fuck off. He will understand

Do not be so hard on the.

He loves it... almost as much as a Bitcoin pump

[VB1001]

Fund Manager:

Bitcoin becoming a hedge against 'irresponsible' Banks

Bitcoin is becoming a safe haven

Travis Kling, chief investment officer at Ikigai Asset Management, believes that more people are becoming open to the idea of Bitcoin being a haven from uncertainties in the mainstream market.

https://bitcoinist.com/bitcoin-haven-fund-manager-kling/