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

[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

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[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

[P_Shep]

I think this is exactly what drives him.
I am ashamed to admit if I had the money he had when 24, I would have retired to some exotic places or relentlessly travelling the world.
He’s instead running two of the most disruptive firm in the world working 80 hours week.

I’m not ashamed to admit that I would have retired too.

Some people need to be on the go all the time, it’s what keeps him relatively sane probably.

I wonder if I really could retire if (when) BTC hits $100K. It's a nice dream, and I'm sure it'd be nice for a while. But I'm pretty sure I'd go nuts unless I found some kind of project/job to take on.

Designing and building my own house could be one such project. Always quite fancied that... Grand Designs has a lot to answer for.

[Olegya199]

I feel friday's ominous approach.

[Last of the V8s]

[El duderino_]

My friend is looking for a funny video/meme, its a black guy dancing while he enters a store/bar . He has dreadlocks, a hat and does some very funny moves. Im sure if you have seen it, the description matches.

Someone can help me out??

[jojo69]

But if it is settled in physical btc, the manipulation can only go on until payment's due.

They roll over the paper in house.

There's been tons of stuff written on it and actually that deleted vid by that stoner dude did a good job of explaining it if you google the words he used.

the chimp getting deplatformed is a really bad sign

[bitserve]

I think this is exactly what drives him.
I am ashamed to admit if I had the money he had when 24, I would have retired to some exotic places or relentlessly travelling the world.
He’s instead running two of the most disruptive firm in the world working 80 hours week.

I’m not ashamed to admit that I would have retired too.

Some people need to be on the go all the time, it’s what keeps him relatively sane probably.

I wonder if I really could retire if (when) BTC hits $100K. It's a nice dream, and I'm sure it'd be nice for a while. But I'm pretty sure I'd go nuts unless I found some kind of project/job to take on.

Designing and building my own house could be one such project. Always quite fancied that... Grand Designs has a lot to answer for.

"Retiring" doesn't mean stopping working at all. For me it would be just a milestone in which I have secured enough assets to make sure I can live on that for the rest of my life (unless something really catastrophic happened). You will still need to take care of your money, assets, new projects, etc... It's just that you are financially free now if you don't do anything stupid afterwards.

Some people do it wrong though... And decide to start spending too much or recklessly go into risky business with the potential of being rekt.

Some people are so used to work every day on a regular job that their lifestyle is so much dependent on it that they wouldn't know how to adapt to their new lifestyle AND RESPONSIBILITIES (take care of your wealth in a safe way).

Designing and building your own home (and REALLY time consuming if you want to do it right) looks like a great project to spend some of your wealth, yeah.

[Arriemoller]

"Boris Johnson’s post-Brexit ‘powerhouse economy’ to flourish for TEN YEARS – study finds"

Told you so.

https://archive.md/ccRv6#selection-459.0-459.88

[gentlemand]

"Boris Johnson’s post-Brexit ‘powerhouse economy’ to flourish for TEN YEARS – study finds"

Erm, you have to actually leave the EU first, conclude some actual trade deals and then you just might have a clue as to whether an entire nation has committed suicide or not.

If it were anyone other than a bunch of one catchphrase fuckwits in charge the chances might be better but anyone with any actual sense wants nothing to do with it.

One of them was talking up Northern Ireland's prospects after they backtracked on everything they claimed and it turns out there might be a border in the sea after all. They were saying NI will do great because it'll have frictionless trade with the EU.

That sounds like a fucking great deal. Maybe the rest of the UK would do jolly well with something like that too?

[Arriemoller]

"Boris Johnson’s post-Brexit ‘powerhouse economy’ to flourish for TEN YEARS – study finds"

Erm, you have to actually leave the EU first, conclude some actual trade deals and then you just might have a clue as to whether an entire nation has committed suicide or not.

If it were anyone other than a bunch of one catchphrase fuckwits in charge the chances might be better but anyone with any actual sense wants nothing to do with it.

One of them was talking up Northern Ireland's prospects after they backtracked on everything they claimed and it turns out there might be a border in the sea after all. They were saying NI will do great because it'll have frictionless trade with the EU.

That sounds like a fucking great deal. Maybe the rest of the UK would do jolly well with something like that too?

I'll take the well researched findings of a respected entity over the ill informed opinions of a man who lives in a bus stop, thank you.
How did you even get internet connection out there?
Merry Christmas to you!

[gentlemand]

I'll take the well researched findings of a respected entity over the ill informed opinions of a man who lives in a bus stop, thank you.

My bus stop is a carefully informed choice. You'll be in one next year. Mark my words.

Pretty much nothing has been settled about leaving yet. I don't see how anyone can declare anything.

It'll probably be fine in the end. It might have been considerably more fine remaining with the status quo. I'll be living in Svalbard by then anyway.

[AlcoHoDL]

.....innovate ...

You seem to confuse improvement with innovation.
The AC induction motor as used in pre model 3 is technology dating back to 1887 and was invented by Nikola Tesla
As it is extremely inefficient to take DC power source (battery) run it through a inverter to power AC motor, from model 3 onward the older tech DC motor is used.
Half a mile queue and hours of waiting to get free spot and then hours of charging   https://youtu.be/UqEwLle8xKU

As for the electric car, in crypto term you would call it an "altcoin"

Using this mentality, we could go much further back, to the ancient Greek philosophers and mathematicians... So everyone that followed was/is just "improving" over their theories... Does this sound fair to you?

Both Tesla and Musk can be called innovators. In their own fields and epochs. Putting a theory to good practice isn't a mere "improvement".