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

[VB1001]

Customers Can Deposit Bitcoin to Bakkt’s Warehouse Starting Next Week

Bakkt will open its warehouse to customers’ bitcoin on Sept. 6 in anticipation of its impending futures contract offerings, the company announced Wednesday.

In a tweet, the Intercontinental Exchange-backed bitcoin futures provider said it would begin offering customers secure storage for bitcoin “to prepare for the launch” of its daily and monthly futures contracts on Sept. 23.

https://www.coindesk.com/customers-can-deposit-bitcoin-to-bakkts-warehouse-starting-next-week

[BitcoinGirl.Club]

Bitcoin can't be faked, I'm fine with this.

But there are some fake coins with bitcoin name on it.

- Bitcoin gold
 
- Bitcoin cash

- Bitcoin Diamond

- Bitcoin SV

- Lightning Bitcoin

Still there are some people who can't differentiate bitcoin from these shitcoins.

Among all of them Bitcoin cash is the most shitest one which is harming us the most.

[BitcoinGirl.Club]

I did a google image search and this is what I found 🤪

[fillippone]

Bitcoin can't be faked, I'm fine with this.

But there are some fake coins with bitcoin name on it.

- Bitcoin gold
 
- Bitcoin cash

- Bitcoin Diamond

- Bitcoin SV

- Lightning Bitcoin

Still there are some people who can't differentiate bitcoin from these shitcoins.

I also remember getting rid of:
Bitcoin Pizza
Bitcoin Gold
Bitcoin World
Bitcoin God (one of the most incredible sells, yet irrelevant)
Bitcoin Unlimited (openly  a scam and a privacy attack by government like agency led by Jeff Garkzy.

I still own Bitcoin Private because I am stupid.

[fillippone]

WOgame. Right now. Where am I?



If you don't get it post haste, I'll add pixels.

Listening to Andres Antonopoulos.
 

[LFC_Bitcoin]

WOgame. Right now. Where am I?



If you don't get it post haste, I'll add pixels.

Blockchain Training Conference 2019
August 28 - August 30
Hyatt Regency Aurora Denver, 13200 E 14th Pl
Aurora, CO 80011 United States
+ Google Map

https://antonopoulos.com/events/list/

[VB1001]

WOgame. Right now. Where am I?



If you don't get it post haste, I'll add pixels.

I also say Andreas, is there a prize for everyone?

[BitcoinGirl.Club]

Blockchain Training Conference 2019
August 28 - August 30
Hyatt Regency Aurora Denver, 13200 E 14th Pl
Aurora, CO 80011 United States
+ Google Map

https://antonopoulos.com/events/list/

Seems very close or it's the correct one LOL

[fillippone]

I saw LFC online. So I wanted to be super quick!
My answer is technically correct even if more vague than LFC one...let’s see what happens!

[JimboToronto]

Every once in awhile I like to look at old bitcoin purchases.....

In March 2014 I bought a Wii U for 1btc.

I'm looking at it now. See how stupid I was?

HODL

Recently sold a DSLR for £500, which was bought for ~£320,000.

Seemed like a good idea at the time.

Went to a Bitcoin "Crypto Love Festival" in the park on Sunday and wore my BTC baseball cap that I bought in the summer of 2013.

A few of the younger Bitcoin enthusiasts were fascinated to learn that it was now worth over $5kCAD. At the time I thought I was being cool paying with Bitcoin.

How times change.

[LFC_Bitcoin]

I saw LFC online. So I wanted to be super quick!
My answer is technically correct even if more vague than LFC one...let’s see what happens!

You piece of shit, I recognised his hairline & was desperately searching for the exact spot

[jbreher]

Just curious, why silver and not gold?

Gold has been a better investment most of the time.

1)  The gold to silver ratio chart highly favors silver

2)  Silver is the most artificially downward rigged commodity on the entire planet in the futures market and the goal is to buy low sell high
 
3)  There's something like 1/4th the amount of above ground silver now as during the 1980's metals bull run while there's twice as much above ground gold since then.  Hard to quantify the exact supply numbers, but they favor a massive silver spike moreso than gold in any type of 'free market'.

4)  To prevent silver from being depleted and disappearing like it's current trajectory, the price will eventually have to go to several hundred dollars an ounce to warrant recycling in things like electronics

5)  In any type of monetary metals revaluation, the west has a huge shortfall in gold with probably somewhere between 0 to 2000 tons only, so would likely attempt to buffer the gold shortfall with silver valued at a high ratio like 10-20:1 instead.

6)  All other things being equal, silver has better fundamentals than gold due to having more use cases.  Commodity money works under the context that if you hoard the entire supply, people somewhere actually need the commodity resource for something and you can ask whatever the market can bear.  Conversely, since Bitcoin is not a real commodity or resource, if you hoard all 21 million the entire planet can just laugh at you and you have no power over anyone or anything.

Whaddayaknow. r0ach does a quotable.

[SuperTA]

If you think that this 10k level is the new 6k level

i wouldn't compare those cuz it's different. At the 6k level, majority of traders were expecting that 6k is the solid bottom and they were expecting only going up. Now at 10k many traders are hoping for 8k and 7k to buy. Some of them even wait for 3k or lower. The second thing, at the 6k in 2018, we were in a bear market. Now we are in the macro bull market. The 3rd thing is that the 6k level was holding for 5 boring months. I don't believe that bitcoin will be boring between the bakkt going live and the months before the halvening. The 4th thing, we had a bch-bsv war at that time and in november, right after the bch fork, the entire market went down.

[Hueristic]

Customers Can Deposit Bitcoin to Bakkt’s Warehouse Starting Next Week

Bakkt will open its warehouse to customers’ bitcoin on Sept. 6 in anticipation of its impending futures contract offerings, the company announced Wednesday.

In a tweet, the Intercontinental Exchange-backed bitcoin futures provider said it would begin offering customers secure storage for bitcoin “to prepare for the launch” of its daily and monthly futures contracts on Sept. 23.

https://www.coindesk.com/customers-can-deposit-bitcoin-to-bakkts-warehouse-starting-next-week

What kind of vault is in that warehouse?

[vroom]

Customers Can Deposit Bitcoin to Bakkt’s Warehouse Starting Next Week

Bakkt will open its warehouse to customers’ bitcoin on Sept. 6 in anticipation of its impending futures contract offerings, the company announced Wednesday.

In a tweet, the Intercontinental Exchange-backed bitcoin futures provider said it would begin offering customers secure storage for bitcoin “to prepare for the launch” of its daily and monthly futures contracts on Sept. 23.

https://www.coindesk.com/customers-can-deposit-bitcoin-to-bakkts-warehouse-starting-next-week

What kind of vault is in that warehouse?

[VB1001]

Customers Can Deposit Bitcoin to Bakkt’s Warehouse Starting Next Week

Bakkt will open its warehouse to customers’ bitcoin on Sept. 6 in anticipation of its impending futures contract offerings, the company announced Wednesday.

In a tweet, the Intercontinental Exchange-backed bitcoin futures provider said it would begin offering customers secure storage for bitcoin “to prepare for the launch” of its daily and monthly futures contracts on Sept. 23.

https://www.coindesk.com/customers-can-deposit-bitcoin-to-bakkts-warehouse-starting-next-week

What kind of vault is in that warehouse?

Custody at our Core

Cybersecurity Program
Bakkt leverages one of the world’s most sophisticated cybersecurity programs, and the same systems that protect the New York Stock Exchange. Threats are identified from a “red team first” perspective and managed by a global team of security specialists. These experts collaborate closely with law enforcement and the global intelligence community to identify, analyze and prevent attempts at inbound intrusion. This results in a program that continuously adds controls to prevent the unauthorized access, disclosure, destruction, modification, or disruption of company data and prioritizes protections from a threat-objective driven approach.

https://medium.com/bakkt-blog/custody-at-our-core-15f6b26d16d6

It's all in the article.

[xhomerx10]

WOgame. Right now. Where am I?



If you don't get it post haste, I'll add pixels.

 You're at the Hair Club for Men, Las Vegas branch waiting for a consult?

[HairyMaclairy]

A little, yet very important for bitcoin, history lesson:

https://wtfhappenedin1971.com/

My last merit well spent.


I have been saying for years our economic disparity has all stemmed from Nixon and been yelled down for it.

1971 was when the baby boomers started entering the workforce in large numbers ?  Up until then there was a post-war labor shortage?

[makrospex]

Every once in awhile I like to look at old bitcoin purchases.....

In March 2014 I bought a Wii U for 1btc.

I'm looking at it now. See how stupid I was?

HODL

Recently sold a DSLR for £500, which was bought for ~£320,000.

Seemed like a good idea at the time.

Which one?
A gold plated Hasselblad?
I'd like to know, as a photographer.

[fillippone]

I saw LFC online. So I wanted to be super quick!
My answer is technically correct even if more vague than LFC one...let’s see what happens!

You piece of shit, I recognised his hairline & was desperately searching for the exact spot

His hairline is now his trademark. Look at his twitter profile image!