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

[LFC_Bitcoin]

Our sources also say Bitmain is stepping away from BCH project. It will dial down the support . Macree Zhang wants to be nowhere near this failure. Jihan on his own now 🍿

https://twitter.com/btcking555/status/1121699148523352064

Yep, now Bitmain it’s time to put all your efforts back into bitcoin. Convert your BCH & BSV back into bitcoin & let’s get the party started

[DeathAngel]

Our sources also say Bitmain is stepping away from BCH project. It will dial down the support . Macree Zhang wants to be nowhere near this failure. Jihan on his own now 🍿

https://twitter.com/btcking555/status/1121699148523352064

Yep, now Bitmain it’s time to put all your efforts back into bitcoin. Convert your BCH & BSV back into bitcoin & let’s get the party started

Dat train to $6,000 if they even just stop mining BCH & put resources into BTC

[bitserve]

^this

In other words, the odds of Last of the V8 winning his bet are on the cusp of going against him... sucks to be poor (V8).

You would know

Huh?  Me doesn't understand U.

I have done pretty well through my whole life, of course with several periods of frugality, or choices to live within my means, but I have never felt myself to be poor.

On the other hand, when I witness certain levels of wealth extravagance that some rich folks enjoy, on a relative basis, I might have considered myself as poor... yet even after, having said all that, I am struggling to understand your response involving my own level of "poor" situation.

Blah. Stop the nonsense. We ARE ALL POOR. Wake me up at $50K...

[El duderino_]

Our sources also say Bitmain is stepping away from BCH project. It will dial down the support . Macree Zhang wants to be nowhere near this failure. Jihan on his own now 🍿

https://twitter.com/btcking555/status/1121699148523352064

Yep, now Bitmain it’s time to put all your efforts back into bitcoin. Convert your BCH & BSV back into bitcoin & let’s get the party started

[El duderino_]

https://twitter.com/RedditBTC/status/1121703552106270721

[DeathAngel]

https://twitter.com/RedditBTC/status/1121703552106270721

Dude looks like he could be an evil villain in the new Bond movie.

[El duderino_]

https://twitter.com/RedditBTC/status/1121703552106270721

Dude looks like he could be an evil villain in the new Bond movie.

Indeed but as revealed yesterday it will be Rami Malek

[kurious]

It's well worth reading the doc. It sounds like a truly bizarre situation.

https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=vIexA1b0spKOnK_PLUS_ZUGTJ3A==&system=prod

'Documents provided to OAG demonstrate that by mid-20 18. Bifinex was having extreme difficulty honoring its clients' requests to withdraw their money from the trading platform because Crypto Capital which held all or almost all of Bitfinex·s funds refused to process customer withdrawal requests and refused or was unable to return any funds to Bitfinex.'

It looks like they entrusted everything and were totally beholden to some Panamanian nobodies and were reduced to pleading for their own money from them. How the did BFX allow themselves to get into a situation like that?

Yep - they popped a cool billion dollars (some theirs but mostly client's money) with a dodgy offshore 'payment processor' to do payouts to customers within the banking system - as Finex had no practical access to it.  Around 800 million has now either been lost or simply stolen.

The pleading emails from 'Merlin' at Finex asking, nay pleading nicely to his mate 'Oz' at purported payment processer 'Crypto Capital' to at least pop a $100 million over as things were getting desperate are instructive.

Not YOUR bank, not you FIAT! lol

Some brutal poetic justice there...

I used to do a bit there, but never felt comfortable.  

That said, I just logged in and it turns out I have 0.08 BTC hanging around I'd forgotten about.  

But it will require 2FA set up (for five days prior) and ip Address locking in place for 5 days... And a possible eternal delay because their cold wallet is empty before five days are out.

[torrentco]

tether died and buried hundred times.
people fallin for the same shit hundred times still amazes me.
nothing will happen to tether,this will be forgotten in a few weeks.

[El duderino_]

^
When a WO-member just bought that nice DIP....

[gentlemand]

tether died and buried hundred times.
people fallin for the same shit hundred times still amazes me.
nothing will happen to tether,this will be forgotten in a few weeks.

Funny thing is that all this proves Tether *was* what it purported to be.

There must be less disastrous ways of demonstrating it.

[John Abraham]

I just have bought my ever first bitcoin. Not that much though (not preferred to share). I have had researched on bitcoin since January 2018 but didn't dare to invest in. I spent a hour or two daily on it to learn about it. Today, I have deposited a large amount of my savings and purchased bitcoin. I can feel the ride.

[Gyrsur]

^^ Welcome to the club and congrats!

For your own safety please follow the rules below:

Rule #1 - create a second account with a nickname (not your real name) and use this account in the future. delete all your posts with the first acount and don't use it anymore (and use Tor if possible).

Rule #2 - don't tell anybody about your investment in Bitcoin.

Rule #3 - forget your investment for at least 5 years and please don't touch it to sell it in panic. just #HODL.

if you follow these Bitcoin basic rules you will stay safe.

EDIT: did some corrections but the post got quoted in the meantime.

[fillippone]

^^ Welcome to the club and congrats!

For your own safety please follow the rules below:

Rule #1 - create a second account with a nickname (not your real name) and use this account in the future. delete your post with this acount and don't use it anymore (and use Tor if possible)

Rule #2 - don't tell anybody about your investment in Bitcoin

Rule #3 - forget your investment for at least 5 years and please don't touch it to sell it in panic.

What if that account is actually THE brand new account with a nickname (not his real name)?

 
EDIT: not questioning merit transactions, but yeah, you get it...

[bitserve]

I just have bought my ever first bitcoin. Not that much though (not preferred to share). I have had researched on bitcoin since January 2018 but didn't dare to invest in. I spent a hour or two daily on it to learn about it. Today, I have deposited a large amount of my savings and purchased bitcoin. I can feel the ride.

Welcome to this crazy experience! You won't have a dull moment for sure

[realr0ach]

Funny how roach shows up every time there's a dip.

Probably just a coincidence.

https://i.imgur.com/8jbUtFh.gif

Strange you never surprise visit us when we are pumping

It's funny how you use the word "pump" pretending like it's not a bad word and that completely non-aggregate market movements engineered by a single entity are anything but scams.  In the case of bitcoin, 99% of the time manipulation performed by a single entity on the fraudulent exchange Bitfinex all the way from $200 to $20,000.  I suppose once the goyim make membership in the evil cult of Judaism a crime punishable by death you will come to your senses.

[LFC_Bitcoin]

What if that account is actually THE brand new account with a nickname (not his real name)?

The cynic in me says people know we’re generous Merit givers in this thread. Very convenient a Brand New account makes its first post here saying how they’ve just bought their first bitcoin & oh look, 21 Merit received.

Straight to the first signature campaign or bounty requring received Merit to earn money, never to post in the WO again.

Hmmmmm!

[fillippone]

What if that account is actually THE brand new account with a nickname (not his real name)?

The cynic in me says people know we’re generous Merit givers in this thread. Very convenient a Brand New account makes its first post here saying how they’ve just bought their first bitcoin & oh look, 21 Merit received.

Straight to the first signature campaign or bounty requring received Merit to earn money, never to post in the WO again.

Hmmmmm!

I am more cynical than you if I checked with the DdmrDdmr tool and discovered that the account sending him 20 merits has never sent anyone merits in the last 12 months?
Provided that everyone can send merit as she prefers, this is weird, I think.

[gentlemand]

The cynic in me says people know we’re generous Merit givers in this thread. Very convenient a Brand New account makes its first post here saying how they’ve just bought their first bitcoin & oh look, 21 Merit received.

Straight to the first signature campaign or bounty requring received Merit to earn money, never to post in the WO again.

Hmmmmm!

How could you say such a thing?

I felt as a literary effort it didn't quite match some of the greatest works of our time. I do not feel that it will be studied by people wearing silver foil jumpsuits in the far future. I will wait for more tracts from this author before recommending him to my associates.

[El duderino_]

What if that account is actually THE brand new account with a nickname (not his real name)?

The cynic in me says people know we’re generous Merit givers in this thread. Very convenient a Brand New account makes its first post here saying how they’ve just bought their first bitcoin & oh look, 21 Merit received.

Straight to the first signature campaign or bounty requring received Merit to earn money, never to post in the WO again.

Hmmmmm!

I am more cynical than you if I checked with the DdmrDdmr tool and discovered that the account sending him 20 merits has never sent anyone merits in the last 12 months?
Provided that everyone can send merit as she prefers, this is weird, I think.

Indeed it is a bit weird .....