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

[fillippone]

Market is quiet
Sunday, Bitcoin goes nowhere
WO gang is holding

*Haiku

[1714194101]

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[1714194101]

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[1714194101]

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[serveria.com]

China's most popular application, Xuexi Qiangguo (designed to teach Xi Jinping thinking), is used by more than 100 million people. It now recommends blockchain courses, including Bitcoin and ethereum.


Source

Interesting, BTC seems to not react to this big "China turns pro-bitcoin" news. There is also lack of any major FUD. Most of the bear trolls are also missing from this thread. My gut tells me BTC is undervalued. I feel we should be approaching ATH at the moment.... 

[serveria.com]

This Insane $279 Million Colorado Ranch has its own Car Museum, Resort and Airplane Hangar !

https://twitter.com/propgoluxury/status/1156311643229315072?s=20

Btw BoB, you where looking for a ranch?? sometimes modest but nice to retire in style....

Looks like a nice venue for the $100k party...  

[LUCKMCFLY]

The case of the Institutions accumulating in long.

Institutional longs at CME - one month high

Could we see a breakout soon > 1.5k BTC?

Via twitter: @skewdotcom

institutions using the CME “have a good track record for the right directional trade,” having shorted BTC ahead of the Bakkt launch and the subsequent crash.

and:

This change in institutional attitude, of course, comes after Bitcoin’s historic rally from $7,300 to $10,500 last month, which rekindled sentiment that crypto is in the midst of a raging bull market.

Source: https://links.bitbullcapital.com/institutions-accrue-bitcoin-long-positions-as-price-looks-to-break-past-9300

[xhomerx10]

What kind of person quotes a ranch in square feet

 Somebody who is asking over $32,000 per acre in a place where land normally goes for much much much less.

https://hallhall.com/colorado/

[Dabs]

In order to make this work, you have to make a deal.

Deal seems pretty clear as last time, you just have to state what you are going to deliver and when. I simply hold the coins until you make it happen. Or try to.

Since you understand escrow pretty well, then it's up to you to renege on the deal. I didn't make it. State the numbers and the target date. I sign a contract. Wait for it to be funded; which also carries a time limit. If they don't fund it, I guess no one wants to take you up on your offer.

To everyone else, that's the whole point of escrow, to prevent scams and scammers from directly taking your coins and disappearing. All conditions must be met. Sorry if it looks like I'm feeding a troll, I like this one a little better than the others.

Until then, I remain neutral.

[DaRude]

Sep 17, 2019 Faketoshi

The parties have been engaged in extensive settlement negotiations and have reached a non-binding agreement in principle to settle this matter.

The parties are continuing to negotiate, finalize all relevant terms, and document the agreement appropriately.

https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.284.0.pdf


Oct 8, 2019 Faketoshi

On September 17, 2019, the parties informed the Court that they had reached a non-binding agreement in principle to settle this matter

Since that date, the parties have worked diligently on reaching an agreement on all terms. In that effort, the parties’ counsel have met three times in person to go over the details of the final agreement and have made significant progress on reaching the form of what will become the final binding agreement. Due to the complexity of the settlement and associated documents, however, a bit more time is needed to finalize and memorialize the agreement.

Reaching a final binding settlement agreement is in the best interests of both parties, and an additional 30-day extension of all case deadlines (including the trial setting) will enable both parties to devote their full efforts to that goal.

https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.287.0.pdf


Nov 1, 2019 Kleiman

Plaintiffs, at the time, believed to have been good faith settlement discussions. These discussions began at Craig’s request and due to the fact that Craig represented he had the means to finance a settlement.

On September 11, the parties reached a non-binding settlement in principle and then turned to drafting binding settlement papers. To facilitate these discussions, there were at least four in person meetings and numerous telephonic conferences. Plaintiffs hired both U.S. tax counsel and foreign counsel and incurred the cost of their participation in the settlement process. In reliance on these efforts and what seemed to be steady progress toward global resolution, Plaintiffs stopped active litigation, focused on settlement, and joined both of Craig’s motions to extend the case deadlines by 30 days

On October 30, without any advance notice, Plaintiffs were informed Craig could no longer finance the settlement and was “breaking” the non-binding settlement agreement.

He [Faketoshi] asked the parties to pause the litigation process and concentrate on amicably resolving this dispute, only to pull his consent with no advance notice, without good cause,

https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.290.0.pdf

So much integrity, grace, and such strong moral compass. Why aren't more businesses sending him millions and investing in his shitcoin  Where you at BSv shills? jbreher? Your false god could use a positive spin on this turd! Start shining, *tik*tok*tik*tok* his time is running out!!!

[Last of the V8s]

Same Marie with another hat
-wonderful colours Homer

[DaRude]

In order to make this work, you have to make a deal.

Deal seems pretty clear as last time, you just have to state what you are going to deliver and when. I simply hold the coins until you make it happen. Or try to.

Since you understand escrow pretty well, then it's up to you to renege on the deal. I didn't make it. State the numbers and the target date. I sign a contract. Wait for it to be funded; which also carries a time limit. If they don't fund it, I guess no one wants to take you up on your offer.

To everyone else, that's the whole point of escrow, to prevent scams and scammers from directly taking your coins and disappearing. All conditions must be met. Sorry if it looks like I'm feeding a troll, I like this one a little better than the others.

Until then, I remain neutral.

I also have a bridge to sell, can i use you as an escrow? Obviously i'll need a small 35% distribution up front cause you know, it takes money to make money but 1000x return is guaranteed!

[Dabs]

I also have a bridge to sell, can i use you as an escrow? Obviously i'll need a small 35% distribution up front cause you know, it takes money to make money but 1000x return is guaranteed!

Bridge first.

[jojo69]

A man walks down the street in that hat, people know he's not afraid of anything.

[JayJuanGee]

<snip>
Hardly boring.

Not bringing up anything that is 5 days old. Since the jump from $7.3k to $10.5k, it's boring from last few days 😉

I think that there is a need to attempt to find excitement in both consolidation and periods of less BTC price movement.

Yeah, maybe you become a volatility junkie, or maybe just hoping for upside, but you are setting yourself up for disappointment.

Many folks likely remember 2015, about 9-10 months of BTC prices that were largely in the mid $200s with a few outbreaks, but largely gravitating back to the mid $200s. 

I know that I frequently post about the inevitability of volatility in bitcoin, and that is because I know that it is pie in the sky thinking for guys to be hoping that bitcoin is stable for several years.... it is not going to happen, at least not until after we reach supra $1million per BTC.

So yeah, bitcoin in volatile as fuck, but at the same time, consolidation remains a necessary factor, especially for several days, weeks or months.

We surely have both going on, and probably it is just as bad to be so impatient with BTC as to be wishing for volatility as it is to be wishing for stability... and in the end, king honey daddy is going to do what he wants.. and does not give too many shits about your preferences.

So likely it is much easier to just go with the flow rather than trying to push king honey daddy when he is not ready for pushing.

I am hoping that we can get to this stage:

[JayJuanGee]

[edited out]

Sorry to equate your casual dismissal of something to declaring said thing to be a "farce." How dare I.

Jbreher selective representation of facts and incredible leaps of logic

Like what? Asking for links to the evidence so one is able to reach a conclusion themself? Hardly a seleective representation of facts, nor any leap of logic whatsoever.

I thought trustlessness was one of the core principles behind this grand journey we all share. Don't trust - verify. amirite?

You are an expert in diversion, and denial.  I will admit that.  I have no burden to present your bullshit as if there were any need to give it credence or limelight or even to occupy my time with it, because I could give two shits about it, except just to characterize it for the shit nonsense and deceptions of what it tends to be.   

In other words, TLDR:  you are NOT rite.   

[Elwar]

No Haiku today. Sorry, I just don't have time. I wish I did though.

[infofront]

I was gone for the weekend, bow hunting. I saw a decent buck at about 55 yards, took a shot, and missed. C'est la vie!

Here are the poll results for posterity:



BONUS: Suggest the new poll!

[Biodom]

I was gone for the weekend, bow hunting. I saw a decent buck at about 55 yards, took a shot, and missed. C'est la vie!

Here are the poll results for posterity:



BONUS: Suggest the new poll!

When will be the new ATH?

Choices:
Early 2020
Late 2020
Early 2021
Late 2021
2022
2023
2024
Never

[LUCKMCFLY]

Guys, here I present to you this prediction model of Bitcoin prices from Math and Tom Lee..


Source: https://www.reddit.com/r/Bitcoin/comments/dr6j77/bitcoin_price_prediction_based_on_math_and_tom_lee/

[infofront]

I was gone for the weekend, bow hunting. I saw a decent buck at about 55 yards, took a shot, and missed. C'est la vie!

Here are the poll results for posterity:



BONUS: Suggest the new poll!

When will be the new ATH?

Choices:
Early 2020
Late 2020
Early 2021
Late 2021
2022
2023
2024
Never

Done!

[Cryptotourist]

Do you even understand the purpose of escrow?

Yes Dabs, I understand the purpose of escrow, thank you.

I also understand that you keep the coins (acting as the escrow agent) until everything is resolved.
All for the scammers convenience - to make it happen. Or not, you might argue.

The problem is that there is nothing to sell or buy. I thought it was pretty clear:

~ are trying to make the most of what is inevitably going to happen (BTC>moon), and we should pay them for that?

#

It does sound fair. But then only if others decide to contribute.

Ah? Nope.

Their intentions are irrelevant, as I don't think either party will agree anyway. ~

Thank gawd they are so greedy & dumb, but their intentions are far from irrelevant.

#

Dabs i completley understand Escrow, ~

Get fucking lost.

#

~ To everyone else, that's the whole point of escrow, to prevent scams and scammers from directly taking your coins and disappearing. All conditions must be met. Sorry if it looks like I'm feeding a troll, I like this one a little better than the others.

OK Dabs, that is IF we trust you to act as an escrow, and we are convinced that you are not part of this in any other way.
Sorry for thinking like this - I don't believe you are involved - but you are the only single member to "support" these losers - which is weird.

[Arriemoller]

No Haiku today. Sorry, I just don't have time. I wish I did though.

good one.