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

[Hueristic]

Conclusion: Yes, plustoken scam is keeping the bitcoin price down.

https://www.zerohedge.com/crypto/2-billion-plustoken-scam-driving-down-price-bitcoin#comment_stream

"According to Chainalysis, PlusToken conspirators have already sold 25,000 bitcoins, and it's believed another 20,000 (worth nearly $142 million at current prices). The coins are spread across some 8,700 anonymous bitcoin wallets."
80,000 BTC, 6,400,000 ETH, 111,000 USDT and 53 OMG associated with Plus Token. (from Chainalysis and BTC-Echo)
They dropped already a lot, so 35,000 Bitcoin left ? If they have sold over 45,000 Bitcoins ?

This is probably why Binance is not accepting from Wasabi although i don't really know how they can tell.

[LFC_Bitcoin]

I want to see 8000 this year.

Made a good start, pre weekend POMP loading.....$7,329

[akhjob]

So what’s up with the YouTube censoring BTC videos.... maybe it’s good cause to many sh*tty vids anyway, though some guys are on point ...... pity for them

I’ve been hearing the most crazy things like it’s not YouTube censoring them, but coordinated attacks etc
So many BS these days, but guys like Ivan on Tech for example why would he be censored?? He doesn’t do anything wrong imo....

Looks like YouTube screwed up and mistakenly deleted those videos.
https://decrypt.co/15590/youtube-to-deleted-crypto-video-sites-oops-we-screwed-up

[xhomerx10]

Coclusion: Yes, plustoken scam is keeping the bitcoin price down.

https://www.zerohedge.com/crypto/2-billion-plustoken-scam-driving-down-price-bitcoin#comment_stream

What if it was also plustoken that pumped bitcoin to 14k in the first place? 

 Maybe it's just a coincidence...

 https://blog.chainalysis.com/reports/plustoken-scam-bitcoin-price

 

 ...albeit a fairly convincing one.

[Last of the V8s]

bastards
i mean plustoken scammers yes of course
but mostly chainalysis. bet they're lapping all this up. oh we can prove blockchain things
no you can't now eff and let me digest in peace

[LUCKMCFLY]

I want to see 8000 this year.

Me too...

[LFC_Bitcoin]

It the price has been negatively affected due to this Plustoken scam then surely they haven’t got much more ammo & we can start climbing back upwards when they’ve run dry?

[xhomerx10]

I must have been good this year; Santa got me some good stuff



 Currently listening to https://www.youtube.com/watch?v=UX1cdPqW5M8
(just checking out the full frequency response of course  )

[Last of the V8s]

wow well I could 'listen' to that a lot

[El duderino_]

I must have been good this year; Santa got me some good stuff



 Currently listening to https://www.youtube.com/watch?v=UX1cdPqW5M8
(just checking out the full frequency response of course  )

Nice, now they can leave you in peace while making some HATs and stuff 

[BitcoinGirl.Club]

Weekend PUMP ahead while waiting for Liverpool vs Leicester 😀

[VB1001]

Conclusion: Yes, plustoken scam is keeping the bitcoin price down.

https://www.zerohedge.com/crypto/2-billion-plustoken-scam-driving-down-price-bitcoin#comment_stream

"According to Chainalysis, PlusToken conspirators have already sold 25,000 bitcoins, and it's believed another 20,000 (worth nearly $142 million at current prices). The coins are spread across some 8,700 anonymous bitcoin wallets."
80,000 BTC, 6,400,000 ETH, 111,000 USDT and 53 OMG associated with Plus Token. (from Chainalysis and BTC-Echo)
They dropped already a lot, so 35,000 Bitcoin left ? If they have sold over 45,000 Bitcoins ?

This is probably why Binance is not accepting from Wasabi although i don't really know how they can tell.

Real-time tracing

Binance contracts with third-party service providers like Chainalysis to help it trace crypto transactions. These crypto-sleuths develop hefty tools to track asset movements; Chainalysis’ “Know-Your-Transaction” (KYT) software does so in real time.

Wasabi transactions have a “pretty unique” identifier that makes it “very easy to identify them in numerous ways,” according to Wasabi developer Bálint Harmat. But he insisted that his mixer, and others, are not inherently illegal. He also noted that Wasabi has reached out to Binance and Chainalysis to clarify the situation and prevent future issues.

https://bitcointalk.org/index.php?topic=178336.msg53445591#msg53445591

[Biodom]

I looked at the last 4-5 years on btc vs SP500 and it looks like they are getting more in-tune, plus btc swings vs SP500 are abating.
All data from Dec 31 prior year to Dec 31 next year:

2015-2016  SP500 +9.5%
2016-2017  SP500 +19.4%
2017-2018  SP500 -6.2%
2018-today SP500 +29%

vs

2015-2016  BTC +123.6%
2016-2017  BTC +1368.5%
2017-2018  BTC -73.6%
2018-today BTC +96%

It looks to me that we simply amplify (in the last 4-5 years) the SP500 move.
Judging by the prior statistics, after at least 20% move (yearly) in SP500, there is at least one more consequently positive SP500 year.

Prediction: we would roughly triple or quadruple SP500 gain in 2020.
7-10% gain in SP500 would result in about 30% gain in BTC, therefore the target for BTC next year (12/31/2020) is about 10K+/-1K (9k-11K range).

[Olegya199]

I looked at the last 4-5 years on btc vs SP500 and it looks like they are getting more in-tune, plus btc swings vs SP500 are abating.
All data from Dec 31 prior year to Dec 31 next year:

2015-2016  SP500 +9.5%
2016-2017  SP500 +19.4%
2017-2018  SP500 -6.2%
2018-today SP500 +29%

vs

2015-2016  BTC +123.6%
2016-2017  BTC +1368.5%
2017-2018  BTC -73.6%
2018-today BTC +96%

It looks to me that we simply amplify (in the last 4-5 years) the SP500 move.
Judging by the prior statistics, after at least 20% move (yearly) in SP500, there is at least one more consequently positive SP500 year.

Prediction: we would roughly triple or quadruple SP500 gain in 2020.
7-10% gain in SP500 would result in about 30% gain in BTC, therefore the target for BTC next year (12/31/2020) is about 10K+/-1K (9k-11K range).

I looked at the percentage of bitcoin price growth for the last 5 years and realized that I love him not for the rapid growth of his price, but for what he is... 

Although the price is certainly a nice bonus, too. 
Owning a deflationary asset is still a pleasant bonus.

[Hueristic]

Conclusion: Yes, plustoken scam is keeping the bitcoin price down.

https://www.zerohedge.com/crypto/2-billion-plustoken-scam-driving-down-price-bitcoin#comment_stream

"According to Chainalysis, PlusToken conspirators have already sold 25,000 bitcoins, and it's believed another 20,000 (worth nearly $142 million at current prices). The coins are spread across some 8,700 anonymous bitcoin wallets."
80,000 BTC, 6,400,000 ETH, 111,000 USDT and 53 OMG associated with Plus Token. (from Chainalysis and BTC-Echo)
They dropped already a lot, so 35,000 Bitcoin left ? If they have sold over 45,000 Bitcoins ?

This is probably why Binance is not accepting from Wasabi although i don't really know how they can tell.

Real-time tracing

Binance contracts with third-party service providers like Chainalysis to help it trace crypto transactions. These crypto-sleuths develop hefty tools to track asset movements; Chainalysis’ “Know-Your-Transaction” (KYT) software does so in real time.

Wasabi transactions have a “pretty unique” identifier that makes it “very easy to identify them in numerous ways,” according to Wasabi developer Bálint Harmat. But he insisted that his mixer, and others, are not inherently illegal. He also noted that Wasabi has reached out to Binance and Chainalysis to clarify the situation and prevent future issues.

https://bitcointalk.org/index.php?topic=178336.msg53445591#msg53445591

Thanks I was googling other shit.  

And buying cheap Monero.

[Last of the V8s]

 
such desperate very shilling sad
entirely unconnectedly, this also just happened to come past my feed  

Example - A perfectly private donation

On the other hand, here is an example of somebody using bitcoin to make a donation that is completely anonymous.

    The aim is to donate to some organization that accepts bitcoin.
    You run a Bitcoin Core wallet entirely through Tor.
    Download some extra few hundred gigabytes of data over Tor so that the total download bandwidth isn't exactly blockchain-sized.
    Solo-mine a block, and have the newly-mined coins sent to your wallet.
    Send the entire balance to a donation address of that organization.
    Finally you destroy the computer hardware used.

As your full node wallet runs entirely over Tor, your IP address is very well hidden. Tor also hides the fact that you're using bitcoin at all. As the coins were obtained by mining they are entirely unlinked from any other information about you. Since the transaction is a donation, there are no goods or services being sent to you, so you don't have to reveal any delivery mail address. As the entire balance is sent, there is no change address going back that could later leak information. Since the hardware is destroyed there is no record remaining on any discarded hard drives that can later be found. The only way I can think of to attack this scheme is to be a global adversary that can exploit the known weaknessness of Tor.

finally and admittedly connectedly, I wish people would stop saying 'taint analysis'. It disturbs me on many levels.

[Hueristic]

such desperate very shilling sad....

Nope, just truth.


Wanna bet?

[bitserve]

It the price has been negatively affected due to this Plustoken scam then surely they haven’t got much more ammo & we can start climbing back upwards when they’ve run dry?

Hope so. The uncertainty is IF it really was caused by them selling a BUNCH of BTC and also how many more they still got to keep selling. But if it were the case, yes, it should start recovering afterwards.

This is fine

[bitserve]

wow well I could 'listen' to that a lot

Those shuffle dancers are hypnotic aren't they? I could even 'listen' to them with the sound turned off.

P.S.: Uh, no, I just tried... they look retarded that way lol

[Last of the V8s]

wow well I could 'listen' to that a lot

Those shuffle dancers are hypnotic aren't they? I could even 'listen' to them with the sound turned off.

P.S.: Uh, no, I just tried... they look retarded that way lol

Yeah, weird how they lose all their cool with no sound.

Also weird how that dance has been 'in' for is it 30 years?

Anyway who doesn't like a bouncing bosom