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

[nutildah]

Don’t quote him, talk about or mention him or even throw colorful shade at him.
(ignore button optional but I myself don’t bother with it)
Because that’s what makes his pee pee hard.
He will eventually get bored and go away. Meantime the nukings suffice.

I know who you're actually talking about, yet its still unfortunate that roaches are built to withstand nuclear war.

[JimboToronto]

Good morning Bitcoinland.

I see we've lost half of what we gained yesterday... currently $10462USD/$13642CAD (Bitcoinaverage).

At least we're still in 5 digits (for now).

Answer quickly:  how do you like your martinis?

Very dry. Sapphire. Up. Shaken. Twist of lemon. Oiled rim.

Large.

Shaken? You'll bruise the gin. Martinis should only be stirred with ice and then strained into a well-chilled glass, preferably but not necessarily a stemmed conical cocktail glass.

It's OK to shake a Kangaroo Cocktail (vodka "martini") since there's no gin to bruise. Also no refined flavor. Only tasteless rubes drink Kangaroos.

The twist of lemon and oiled rim are perfectly acceptable but I prefer the slightly more traditional Manzanilla olive stuffed with pimiento, and dirtied with about 1cc of olive brine per half oz. of Dolin's and 2 oz. of. Hendrick's (Orbium of late). I use a syringe to measure the brine.

I sometimes add a couple if capers to the olive skewer. Since that makes it not a real martini, (simply replacing the olive or lemon with an onion makes it a Gibson), I decided to name it a S-------- Cocktail after the Mexican jungle village where I met my GF.

Ahhh, the finer things in life. Thank you Bitcoin.

[Paashaas]

[bkbirge]

These came across my feed just now, seems pretty clear the US is going with the 'threat to security' angle...

https://reason.com/2019/07/16/trump-and-others-scared-of-cryptocurrency-echo-earlier-fears-about-cash/
https://reason.com/2019/06/18/facebooks-libra-cryptocurrency-aims-to-disrupt-payments-bitcoin-aims-to-disrupt-government-power/
https://www.forbes.com/sites/billybambrough/2019/07/16/bitcoin-and-crypto-suddenly-branded-a-national-security-issue/

[gentlemand]

These came across my feed just now, seems pretty clear the US is going with the 'threat to security' angle...

I've been watching all the recent feeds. There is absolutely nothing to suggest they're changing the stance they've always had which was lots of the usual regulation for services, and don't be a bad boy.

The current crop of excitement has primarily been a vehicle for the government to tell Facebook how much they fucking hate them over and over again.

[LFC_Bitcoin]

Having a BBQ, checked price for the first time in a few hours, sees dump - **shrugs shoulders** & goes to get some jerk sauce ribs.

[fillippone]

Coin Desk: Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper

A new paper from the International Monetary Fund (IMF) suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptocurrencies see greater adoption.

Banks should be able to stage a fightback against such payment upstarts, offering better services or similar electronic money products, the note continues, but policymakers are warned that some disruption is likely within the banking industry. Even so, banks are likely here to stay, as firms offering these new payment methods may move to become banks themselves and use their data advantage to offer targeted credit.

The original paper can be found here:
The Rise of Digital Money

Interesting.

There is no real opposition between cryptocurrencies and banks in a conceptual level. This opposition only appears in a political level, because the "old guard" of bankers cant adapt to the new technologies. As I already said before, politics is a bad thing, and bitcoin should stay above it.

More interesting when you think that Ms Christine Lagarde is going to land at ECB later this year. I mean, some of these idea will be ferried in Frankfurt too.

[fillippone]

Having a BBQ, checked price for the first time in a few hours, sees dump - **shrugs shoulders** & goes to get some jerk sauce ribs.

I didn't check price today, your post made me go and check it!

OBSERVING 9930@STAMP!

Damn, I hate 4 digits prices!

But I am a believer, so I happy for the ones can afford to buy more at those levels!

At least i found a (almost exactly price) matching CCMF image!



Not really powerful, but slowly this metro train can transform in a MF double decker heavy duty train!

[bkbirge]

These came across my feed just now, seems pretty clear the US is going with the 'threat to security' angle...

The current crop of excitement has primarily been a vehicle for the government to tell Facebook how much they fucking hate them over and over again.

LOL, quite. Still, I think the use of loaded language is intentional. In my paranoid fantasy I will not be surprised if they start going after fiat gateways in the name of retail investor security, while still allowing full access to crypto markets by accredited financial institutions. Judging by the price action today, their words do seem to have an effect.

[El duderino_]

F*** who ordered 4-dig for menu?

[Saint-loup]

https://www.banking.senate.gov/hearings/examining-facebooks-proposed-digital-currency-and-data-privacy-considerations

Here's the Libra crew apologising for their existence.

Thank your for sharing the link, well I found the guy rather persuasive.

[bkbirge]

The current crop of excitement has primarily been a vehicle for the government to tell Facebook how much they fucking hate them over and over again.

LOL, I think you hit the nail on the head, case in point
https://www.cnbc.com/2019/07/16/sen-sherrod-brown-slams-facebooks-cryptocurrency-ambitions.html

Just hope they don't throw the baby out with the bathwater.

[STT]

The line held and now we fall as speculators are disappointed some and the needle swings to sell.    Present low is 50 day moving average and a previous low recently, MA is momentum more then support I guess and so it needs better reasons to find this as an ongoing low which may or may not be there.
    Its lost the daily uptrend for most of 2019, overall I would guess its then more negative then it has been in its previous action despite many sells its generally gained but now needs to reformulate a trend having lost that particular one and failed the test to get back over the fence onto that highway



blue line is just 2 day momentum, the first point in any bullish aim

[ivomm]

Jeez! Bears are hungry for n00bs flesh. Boring! Hopefully, the n00bs will rebuy again, otherwise they will be left out of the train. I wonder how many of them that sold at 3K area for 3 months rebought higher or became hater nocoiners. The same will happen wiith those that sell now, if they don't commit suicide when they see the prices next year. But I don't care! I am going to play some rock with a friend of mine. 

[El duderino_]

There will be people earning FIAT with day trading, Some might earn extra BTC (what is the true goal)

But most of them Will end up losing as FIAT as BTC, HODLers Will win as usual!

[bkbirge]

Whoever came up with the saying "Markets Take The Stairs Up And The Elevator Down" deserves an sMerit. But he/she is probably long dead and would hate crypto anyway.  

[LFC_Bitcoin]

Sub $10,000

Fuck off!

[El duderino_]

I do have to admit... I was getting used to 5 dig and I hate 4 dig as of today...

Still if this is the way to my long term perspective Then I don’t mind to ride 4 dig Numbers.

Of to work out, be happy fellas we still owning BTC

As 1BTC = and wil always be 1BTC

[prophetx]

Jeez! Bears are hungry for n00bs flesh. Boring! Hopefully, the n00bs will rebuy again, otherwise they will be left out of the train. I wonder how many of them that sold at 3K area for 3 months rebought higher or became hater nocoiners. The same will happen wiith those that sell now, if they don't commit suicide when they see the prices next year. But I don't care! I am going to play some rock with a friend of mine. 

i’ll be buying that btc from you when its at 6k  

[gembitz]

The line held and now we fall as speculators are disappointed some and the needle swings to sell.    Present low is 50 day moving average and a previous low recently, MA is momentum more then support I guess and so it needs better reasons to find this as an ongoing low which may or may not be there.
    Its lost the daily uptrend for most of 2019, overall I would guess its then more negative then it has been in its previous action despite many sells its generally gained but now needs to reformulate a trend having lost that particular one and failed the test to get back over the fence onto that highway



blue line is just 2 day momentum, the first point in any bullish aim

MEMO ===> TIMBERRRR    WEEEEEEEEEEEEEEEEEEEE