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

[VB1001]

Bitcoin price up 720,000,000 percent first recorded price

The evolution of money has historically gone through four key stages. From collectible to a store of value and then to a medium of exchange, and finally a unit of account (such as the US dollar today).

What makes Bitcoin unlike any type of money before it is how quickly it became an exchangeable good. Historically, it took eons for people to come to a consensus on a medium of exchange.

https://bitcoinist.com/bitcoin-price-up-720000000-percent-first-recorded-price/

[Arriemoller]

It's the rhetoric.  

I am quite certain that if you started erecting spars 15 miles out in the gulf of Mexico and posting on FB about your libertarianism and self sovereignty the reaction of the USCG would be swift and unequivocal.

Global enclosure is nearly complete.  I really think that, short of an orbital Lagrange platform, the aircraft carrier is the only way.

I think an old supertanker or massive container ship would be a better option..  and a lot easier to obtain... 

Granted, there would be more upfront work involved to make it usable.. but with those huge wide open holds, you could basically build in whatever infrastructure you want..  Kinda like buying an old warehouse and turning it into high-end flats...

Like this ? https://youtu.be/tofhP7ZatcA

[jbreher]

Incidentally, on today's What Bitcoin Did podcast, host Dr Perter McCormack revealed that he did not know that Lightning does not use trustless payments when these txs are of a value below that of the cost of posting a channel closing tx.

Yes, this is the same issue BitUsher raised above.

It is not so much that LN has limitations. It is that any attempt to raise a discussion on these limitations is immediately shouted down. Mostly by people completely ignorant that these issues even exist.

You might want to ask yourself how confident you are in your knowledge that the technical design of LN is bulletproof. I'm not calling on you to post the results of this self-examination. Just be honest with yourself.

I don't think it too much to ask.

[El duderino_]

Dammit 5400 come back @once !! 

[Paashaas]

[VB1001]

Bitfury Institutional Bitcoin Mining Fund Gains EU Regulator Approval

Blockchain tech giant Bitfury has partnered with a Swiss investment firm to release a dedicated bitcoin mining fund for institutional investors, executives confirmed on Twitter on April 24.

Bitfury, which develops various blockchain-related software along with mining services, confirmed that Final Frontier, in which it holds a minority stake, had gained regulatory approval for the fund from neighboring Liechtenstein.

https://cointelegraph.com/news/bitfury-institutional-bitcoin-mining-fund-gains-eu-regulator-approval

[vroom]

Altcoins are droping even more than bitcoin and bitcoin dominance is rising. In my unprofessional opinion we will see money flowing back to bitcoin soon. The rocket is just fueling up.

[Phil_S]

Oh well.

Zoom out.

3d interval still looks OK.

[LFC_Bitcoin]

Altcoins are droping even more than bitcoin and bitcoin dominance is rising. In my unprofessional opinion we will see money flowing back to bitcoin soon. The rocket is just fueling up.

All part of the process, nothing to worry about.

The end result for us WO gentlemen is the same.

[El duderino_]

8minutes LFC very important

[Toxic2040]

Good afternoon all.


I see we survived another Tuesday only to have Wednesday smack us in the mouth...consolidation happens I suppose. #btd
4h


Looks to be mostly sideways and downwards for the remainder of this week as accumulation continues. #dyor
D

#stronghands'19

[El duderino_]

The long boring 6K area almost reached... I was so tired of that area and now its gonna be like sweet candy...

Bring it BTC bring it NOW 

[d_eddie]

It feels bumpy right now, but it's kind of a scalper's paradise (while it lasts).

[bitserve]

As you guys know (or should) I always keep an eye on www.coinatmradar.com to see how it grows.

For the past few months there wasn't any interesting thing to comment but now that has changed: For the past week the average of new ATM installations has reached a whooping *11* a day.

https://coinatmradar.com/charts/gauge/

It's like the rate has suddenly double/trippled in comparison to the past months/year.

[vroom]

https://whale-alert.io/transaction/bitcoin/0c8c22ee5cd69649ff36c0396bb9ce951425614a32129d8d54c0144895ef4e7a

$302 million Tether O_O

what does this mean. new tether created or moved?

[gentlemand]

As you guys know (or should) I always keep an eye on www.coinatmradar.com to see how it grows.

Is there anyone here other than Mr. Toronto who actually uses these things? They seem weirdly quaint an idea to me. Literally everywhere else will give you a better rate on average.

[bitserve]

As you guys know (or should) I always keep an eye on www.coinatmradar.com to see how it grows.

Is there anyone here other than Mr. Toronto who actually uses these things? They seem weirdly quaint an idea to me. Literally everywhere else will give you a better rate on average.

I don't, but probably "normies" do... so that's adoption. I prefer the rates of exchanges because I don't care using banks, KYC and all that shit.

Also the rates on some are very reasonable and overall seem to be lowering the fees on average due to increasing competition. So all is cool.

On my next holiday to Vegas I do plan to use them and try to support all my cash expenses from it. This year I won't be going, hope summer 2020 has a good enough price so that I don't care withdrawing some..... Just saving on the exchange rate from euro to usd would probably compensate it.

[ssmc2]

https://whale-alert.io/transaction/bitcoin/0c8c22ee5cd69649ff36c0396bb9ce951425614a32129d8d54c0144895ef4e7a

$302 million Tether O_O

what does this mean. new tether created or moved?

Created 

[Biodom]

The rise of "slashies" (people with multiple part time jobs).
https://www.bbc.com/news/business-47984295

I was one a couple of years back.
It's BS that most people like it. Basically, it is a rat race which in US is exacerbated by the absence of benefits (so you have to pay extra for them).
A full time job and a hobby (even involved hobby) is better, IMHO.
I wonder how crypto/btc will fit into this trend.

PS man city scores...foooook!

[jbreher]

It feels bumpy right now, but it's kind of a scalper's paradise (while it lasts).

XD