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

[jojo69]

I need to consult the Bene Gesserit.

[1713496929]

1713496929

[_javi_]

US Congress is putting Facebook and Zuckerberg in a blender. They have rage in their eyes...

Libra is going nowhere.

[BitcoinGirl.Club]

May day! May day!!

[qwizzie]

I need to consult the Bene Gesserit.

Dont consult, be the Kwisatz Haderach ! Be our Messiah !

[Searing]

The anti-crypto types are out for blood at the hearing on Libra. In that Bitcoin/Altcoins are the 'bastard stepchildren' under the Libra project...this is getting ugly indeed.

I had to walk away....so little facts...so much posturing. Also, beating up Zuckenberg for not inforcing 'truth' like Anti-Vaccine posts by individuals. All practicality is gone

from the hearings, just a frigging free for all of misinformation/lies/and pushback at Facebook. Shit. if I was Facebook, I'd go, don't like Libra, gonna go fully decentralized

with Bitcoin. Man, they would really howl then. What a clusterf*ck of a hearing.

https://www.theverge.com/2019/10/23/20928558/zuckerbergs-hearings-watch-live-stream-how-to-libra-congressional-testimony-facebook

Brad

[goldkingcoiner]

$181 mill liquidated on Bitmex in 6 minutes. Big oof.

[bkbirge]

The anti-crypto types are out for blood at the hearing on Libra. In that Bitcoin/Altcoins are the 'bastard stepchildren' under the Libra project...this is getting ugly indeed.

I had to walk away....so little facts...so much posturing. Also, beating up Zuckenberg for not inforcing 'truth' like Anti-Vaccine posts by individuals. All practicality is gone

from the hearings, just a frigging free for all of misinformation/lies/and pushback at Facebook. Shit. if I was Facebook, I'd go, don't like Libra, gonna go fully decentralized

with Bitcoin. Man, they would really howl then. What a clusterf*ck of a hearing.

https://www.theverge.com/2019/10/23/20928558/zuckerbergs-hearings-watch-live-stream-how-to-libra-congressional-testimony-facebook

Brad

That would be great if they'd peg Libra to BTC, that would make more sense. Libra could be the daily currency, and BTC remains the store of value. At least we have McHenry in the House as a crypto-booster. I expect in the next 2 or 3 congressional elections we'll get some new blood that isn't so against the concept. I'm guessing Maxine Waters still uses a rotary dial phone and writes paper checks.

[DeathAngel]

Nothing to see here, we’ll be back above $8,000 by the end of the week. Just whales playing with noobs & weak hands. They’ll all be buying back at a higher price, pathetic.

What kind of person gets shook out by these moves? Grow a set of balls & see it for what is is, clear manipulation.

[bkbirge]

I kind of hate how Facebook has coopted the conversation about crypto, when Libra isn't really even crypto. Baby and bathwater, etc.

One of the least depressing aspects of all this is that most of the politicos clearly have a strong grasp of the difference between Mark's creepy baby and real crypto.

In the previous bunch of hearings Libra got the living shit kicked out of it and Bitcoin came out of it looking like the smug kid who keeps its head down.

That's a good point. Though I suspect behind the scenes where the real practical regulatory discussions are taking place by analysts that bitcoin is still front and center.

[Searing]

The anti-crypto types are out for blood at the hearing on Libra. In that Bitcoin/Altcoins are the 'bastard stepchildren' under the Libra project...this is getting ugly indeed.

I had to walk away....so little facts...so much posturing. Also, beating up Zuckenberg for not inforcing 'truth' like Anti-Vaccine posts by individuals. All practicality is gone

from the hearings, just a frigging free for all of misinformation/lies/and pushback at Facebook. Shit. if I was Facebook, I'd go, don't like Libra, gonna go fully decentralized

with Bitcoin. Man, they would really howl then. What a clusterf*ck of a hearing.

https://www.theverge.com/2019/10/23/20928558/zuckerbergs-hearings-watch-live-stream-how-to-libra-congressional-testimony-facebook

Brad

That would be great if they'd peg Libra to BTC, that would make more sense. Libra could be the daily currency, and BTC remains the store of value. At least we have McHenry in the House as a crypto-booster. I expect in the next 2 or 3 congressional elections we'll get some new blood that isn't so against the concept. I'm guessing Maxine Waters still uses a rotary dial phone and writes paper checks.

Facebook said that Bitcoin did not 'scale' enough for them to use such. It is a moot point IMHO if the Government can stop Facebook (Libra) from using and controlling

their own cryptocurrency, I'm pretty sure they could make it impossible for Facebook to use Bitcoin. They would simply make it too difficult in other regulatory aspects of

Facebook to allow that. So the whole exercise is probably just a dead-end anyway. Likely all this Libra effort has done has opened them up to more regulations on content.



Brad

[whiteboy420]

Bakkt Bitcoin Futures Volume Bounces to New All Time High.


Following a sluggish start spanning nearly one month, Bakkt Bitcoin futures volume seems to have started the day on the right foot on Wed, Oct 23. Nearly one-third of the day has passed and a whopping 370 BTC futures contracts have already been traded on the platform.

[LFC_Bitcoin]

Is BAKKT used to mediate buying only, no selling?

[Richy_T]

That's a good point. Though I suspect behind the scenes where the real practical regulatory discussions are taking place by analysts that bitcoin is still front and center.

Good point. There was an old cartoon about how would you like you cryptocurrency scare, terrorism or paedophilia flavored? I guess we can add facebook (or 'big tech'* in general) to the options now.



*To be clear, there's a lot about big tech that's a problem but using it for scaremongering is a nasty tactic.

[qwizzie]

And there goes $7400
Oh bottom, where art thou ?

[LFC_Bitcoin]

And there goes $7400
Oh bottom, where art thou ?

Sub $7,300 

[Coin_trader]

and there goes $7400 .. oh oh

Continuing until 6800BTC before rebound back to 8000 above. I hate that 7.7k support was broken. I dunno now what will gonna happened on crypto market. I hope some support will form at 6K so that the dump will not escalate that much.

The RSI is super below the chart. 

[Murat]

$7314

How low We will go?

Below $7000?

I was expecting $9000 but ya.....

[BitcoinGirl.Club]

And there goes $7400
Oh bottom, where art thou ?

Sub $7,300 

May day! May day!!


@ $7,390

[BitcoinGirl.Club]

Okay seriously! What the F is going on? Why it's jumping like this?

It's like someone is about to unload in any moment LOL

[kryptokant]

looks bad now with 7700 broken. but what matters is the price in years... so
and that will be 0 or 1