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

[_javier_]

The scam is Tether and ppl dump BTC ?   

ok ok, there was a bad actor.. lets put him aside and keep moving..

[BitcoinGirl.Club]

The scam is Tether and ppl dump BTC ?   

ok ok, there was a bad actor.. lets put him aside and keep moving..

Nailed it!

[toknormal]

Can anyone confirm/deny/extrapolate? BitShares seem to be rather low volume so would hope for other pairs as well.

Judge for yourself.

I think it's held the peg spectacularly for a pure blockchain, trustless solution with no real world counterparty backing. There was a hiccup in January but it's recovered and otherwise smooth as silk.

(Also checkout BitCNY).

[bones261]

OMG. Is the the last nail in the bitfinex coffin? I hope so. The last we see of that exchange, the better. They can take their junk tethers and shove them where the sun doesn't shine.

[gentlemand]

OMG. Is the the last nail in the bitfinex coffin? I hope so. The last we see of that exchange, the better. They can take their junk tethers and shove them where the sun doesn't shine.

Thing is though that the lawsuit thing appears to make Tether appear to be a once sound operation. It looks like the money was all present. Bitfinex fucked themselves by trusting a bunch of criminals with their funds and then tapped Tether reserves to fill the hole.

In a way it exonerates all the doubt that surrounded USDT reserves. Then it made some nice new ones. And realer ones too.

[toknormal]

What will people do with their worthless Tethers now ? Make a run into BTC ? What else can they do ?

[HI-TEC99]

OMG. Is the the last nail in the bitfinex coffin? I hope so. The last we see of that exchange, the better. They can take their junk tethers and shove them where the sun doesn't shine.

Looking on the bright side the panic gives us a chance to buy some discounted Bitcoins.

[toknormal]

What will people do with their worthless Tethers now ? Make a run into BTC ? What else can they do ?

I don't know what you're on about, tether is is around $.995 a tether.

What I'm on about is the fact that they're no longer backed.

[toknormal]

Tether/USD:

[gentlemand]

What I'm on about is the fact that they're no longer backed.

Don't forget they changed their wording to 'cash equivalents' and others in March. So that means it's backed by the value of Giancarlo's totally rad Dr Who memorabilia.

[bitserve]

Bah. This is fine.

[Toxic2040]

Bouncing off the 0.236 med fib at $5k stops the fall.

Short fib resistance at the 0.786 is a fine place to stop and take a look around. Probably head upwards back towards the 0.618 before any real decisions are made.

#dyor
1h

#stronghands

[jojo69]

Bah. This is fine.

more than fine

BFX implodes and we are hodling over 5K?  Stellar! (no lumens included)

[d_eddie]

Would you buy yourself a bottle of that kind of alcohodl?

Problem is, you can not drink bitcoins to get drunk LOL

But you can eat them

@Psycho, do you know what those pretty BTC pills actually contain?

Haven't done ecstasy since I was about 21. I'm too old for that shit now, the come downs are horrendous.

I've done MDMA 4 times in my life, spaced months and years apart. Hadn't lost the "magic" yet last time I tried, over 4 years ago. Waiting for the right occasion to roll again.

All in all, I'd recommend having at least one taste to anyone with an open mind who hasn't ever tried. Do the right stuff (Good Golly Miss Molly), do it at the right time, and do it with the right people. Just preload a bit and never mind the blues.

[Lambie Slayer]

I knew when Chuck Rhoades got elected as New York AG there would be trouble.

[gentlemand]

I've done MDMA 4 times in my life, spaced months and years apart. Hadn't lost the "magic" yet last time I tried, over 4 years ago. Waiting for the right occasion to roll again. All in all, I'd recommend having at least one taste to anyone with an open mind who hasn't ever tried. Do the right stuff (Good Golly Miss Molly), do it at the right time, and do it with the right people. Just preload a bit and never mind the blues.

Drugs don't work on me in general.

One Glastonbury the old crusties I was with got increasingly irate at my total indifference. I did five times more MDMA than anyone else to cheer them up and then carried on reading my book while they ground their jaws to dust and their eyes swivelled so far into the back of their heads they never popped back.

[Biodom]

One Glastonbury the old crusties I was with got increasingly irate at my total indifference...

Aren't you a real RocknRolla then...
https://youtu.be/TdpR8VuvbCM?t=15

loved the movie, hope it gives some truth to an 'english character'.

[BitcoinGirl.Club]

Anyone knows a Bitcoin block explorer that also capture the fiat value of the tx when it was created.

I paid for a service to someone but since the price is down the provider may think I paid him less ($ value) LOL

[gentlemand]

Aren't you a real RocknRolla then...
https://youtu.be/TdpR8VuvbCM?t=15

loved the movie, hope it gives some truth to an 'english character'.

I fackin' hated Glastonbury. It's far, far, far too intense. I favour festivals about 5-10% of the size but I may not do any more.

Anyway, here's Bitmex research's Twitter take on our BFX friends - https://twitter.com/BitMEXResearch/status/1121556823411130368

Sorry for you  

Aye. It's disappointing. Maybe my high is out there waiting for me waiting to be discovered. I'll sniff up and down the supermarket some time. It might be a simple household cleaning product.

[Gyrsur]

Anyone knows a Bitcoin block explorer that also capture the fiat value of the tx when it was created.

I paid for a service to someone but since the price is down the provider may think I paid him less ($ value) LOL

Dude, Blockchain.info has this feature. switch to your preferred currency and go with the mouse over the value button. it will shows the value at the time of the tx. and then make a screenshot.

EDIT: