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

[bitcoinPsycho]

Next week I'm releasing "Psycho coin"


Happy birthday  mic

[rebal15]

BTC Confirmed Divergence

Or that could just be what they want you to think!

There's a good story in the comments below the TV chart (not sure if its true or not, but that's besides the point):

This sell off was allegedly done by a single whale selling (25k?) BTC on Coinbase while shorting on Bitmex. The whale is likely now buying up at lower prices.

From a philosophical viewpoint, Why is a single person allowed to manipulate BTC and steal $100 million from the pockets of investors? What happened to KYC? (not to be confused with KFC).

What is the point of having customers on Coinbase and BitStamp fill out forms, verifying who they are, if one of them can come in and hold the place up for $100 million whenever they feel like it?

Yes..that is the answer..lets just limit everyone's account to $10k trades per month...

I dont condone market 'manipulation' but this sure seems like a slippery slope.

----------

bitcoin

The market has cooled to say the least. Currently trading at just below $7.9k with more consolidation likely. #dyor

1h


4h

#btds

NO, Just give government full control of the market.

[bitserve]

“McAfee Freedom Coin”


jesus fucking christ

I can't blame the guy. If I had no decency I would also try to bank on all those idiot.

Considering doing some small gambling there trying to catch the first pump.

[rebal15]

what is this "What percentage of your net worth is made up of crypto? " 
the next question is "what and how many cryptos do you own?"

[rebal15]

Was $9K the top for a while? Kind of an ugly failure.....and now price has melted back into the previous range. Never a good sign. Maybe it's time to go back to $6K like masterluc was predicting.

Yes, the parabolic rise has been called off for now.

Hi McAfee, when 100k$.

[BristolRovers]

Was $9K the top for a while? Kind of an ugly failure.....and now price has melted back into the previous range. Never a good sign. Maybe it's time to go back to $6K like masterluc was predicting.

Yes, the parabolic rise has been called off for now.

Hi McAfee, when 100k$.

He promised that in May 2019 but we are in June 2019 and I don't see any 100k$ in the horizons.

Maybe he just likes to talk shit about cryptocurrencies as he really does not understand a thing about bitcoin.

[El duderino_]

what is this "What percentage of your net worth is made up of crypto? " 
the next question is "what and how many cryptos do you own?"

Yeah the next poll Will be specific to each member, Then names and address etc...

Nothing to see.............

[jbreher]

Facts are simple and facts are straight
Facts are lazy and facts are late
Facts all come with points of view
Facts don't do what I want them to
Facts just twist the truth around
Facts are living turned inside out
Facts are getting the best of them
Facts are nothing on the face of things
Facts don't stain the furniture
Facts go out and slam the door
Facts are written all over your face
Facts continue to change their shape

Reported for plagiarism. (j/k)

I know its from a more obscure title by the Talking Heads.

Still waiting...

[El duderino_]

5% #Bitcoin + 95% cash beats S&P500: more return and less risk .. every year, 6 years in a row. Note that max yearly loss (risk) of 5% Bitcoin + 95% cash is -5% .. S&P did -6% in 2018 (and -38% in 2008!!).

via Imgflip Meme Generator

https://twitter.com/100trillionusd/status/1135848796091506688?s=21

[fillippone]

5% #Bitcoin + 95% cash beats S&P500: more return and less risk .. every year, 6 years in a row. Note that max yearly loss (risk) of 5% Bitcoin + 95% cash is -5% .. S&P did -6% in 2018 (and -38% in 2008!!).

via Imgflip Meme Generator

https://twitter.com/100trillionusd/status/1135848796091506688?s=21

As an highly asymmetrical bet (limited downside compared to huge upside) even a small percentage of Bitcoin in an investment portfolio can give a massive boost on expected result.

This is why institutional investors are paying premiums up to 40% to gain exposure to BTC  trough GBTC (Greysacale Bitcoin Fund, selling his shares at an equivalent of selling BTC@10,300USD).

This is just a glimpse of that will happen when the BTC ETF will be approved: Wall Street Money flowing into Bitcoin.
Yet another demonstration of the "it is not Bitcoin needs Wall Street to survive, but Wall Street needs Bitcoin to survive" principle. 

[VB1001]

^ Is that some new Finnish Act recently enacted?
Any Finns pl?

They were already preparing this:

https://cointelegraph.com/news/localbitcoins-announces-supervision-by-financial-supervisory-authority-of-finland

https://localbitcoins.com/blog/aml-features-update/

They could have simply disabled the local bitcoins feature for Finnish addresses/customers. This draconian choice is probably preparation for some more significant "institutional" turn. As in: government friendly. I stand by my opinion: Bisq and other decentralized markets are the way to go for the future.

I do not know, but I think there is a lot of pressure with the regulations, the previous week they closed BestMixer, Bitcoin Blender closed voluntarily, Binance DEX excludes 30 countries, they only want KYC.

[Last of the V8s]

https://www.sec.gov/news/press-release/2019-87

The Securities and Exchange Commission today sued Kik Interactive Inc. for conducting an illegal $100 million securities offering of digital tokens.  The SEC charges that Kik sold the tokens to U.S. investors without registering their offer and sale as required by the U.S. securities laws.

sucks for ETH, 'crypto' perhaps, btc maybe

[rebal15]

5% #Bitcoin + 95% cash beats S&P500: more return and less risk .. every year, 6 years in a row. Note that max yearly loss (risk) of 5% Bitcoin + 95% cash is -5% .. S&P did -6% in 2018 (and -38% in 2008!!).

via Imgflip Meme Generator

https://twitter.com/100trillionusd/status/1135848796091506688?s=21

As an highly asymmetrical bet (limited downside compared to huge upside) even a small percentage of Bitcoin in an investment portfolio can give a massive boost on expected result.

This is why institutional investors are paying premiums up to 40% to gain exposure to BTC  trough GBTC (Greysacale Bitcoin Fund, selling his shares at an equivalent of selling BTC@10,300USD).

This is just a glimpse of that will happen when the BTC ETF will be approved: Wall Street Money flowing into Bitcoin.
Yet another demonstration of the "it is not Bitcoin needs Wall Street to survive, but Wall Street needs Bitcoin to survive" principle. 

after full US control of the market. US Gov won't put or allow wall street to put money in chinese controlled Pump and Dump market.

[Last of the V8s]

^ Is that some new Finnish Act recently enacted?
Any Finns pl?

They were already preparing this:

https://cointelegraph.com/news/localbitcoins-announces-supervision-by-financial-supervisory-authority-of-finland

https://localbitcoins.com/blog/aml-features-update/

They could have simply disabled the local bitcoins feature for Finnish addresses/customers. This draconian choice is probably preparation for some more significant "institutional" turn. As in: government friendly. I stand by my opinion: Bisq and other decentralized markets are the way to go for the future.

I do not know, but I think there is a lot of pressure with the regulations, the previous week they closed BestMixer, Bitcoin Blender closed voluntarily, Binance DEX excludes 30 countries, they only want KYC.

couple of accuracy points :
blender beginning to look a bit exit scammy https://bitcointalk.org/index.php?topic=436467.msg51345567#msg51345567
dex can't exclude countries https://twitter.com/cz_binance/status/1135434923970457601
but overall, yes, regulatory pressure is mounting all over

[Last of the V8s]

next round of dumping any minute now sorry

[El duderino_]

next round of dumping any minute now sorry

Sssssjjjjjjjjjjjj

[rebal15]

next round of dumping any minute now sorry

Before regulation takes place.

[El duderino_]

next round of dumping any minute now sorry

I prefer the DUMPS when i’m in my HODLsleep.......

[rhomelmabini]

https://www.investinblockchain.com/new-evidence-suggests-satoshi-nakamoto-is-paul-solotshi-the-creator-of-encryption-software-e4m-and-truecrypt/

This may be the reason of the dump too, what a FUD.

[Last of the V8s]

next round of dumping any minute now sorry

Sssssjjjjjjjjjjjj

pffffffttt