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

[DaRude]

...there was also a note attached saying "Hi this is Dave and i'd like to say that CSW is real Satoshi and all of these BTC belong to him and i don't have a claim to any of it so my brother shouldn't even attempt to sue.

https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.376.0_1.pdf

Sounds like he took his time to come up with a list of possible Satoshi's public addresses. Hopefully they'll publish it, so internetz could scrutinize them. Don't hold your breath waiting for any proof that he actually has any private keys. He'll drag this out till the end of trial, even then when he looses and ordered to pay, he has about a year to transfer all of his IP under nChain and his assets under his wife, declare bankruptcy and good luck to Kleiman trying to collect on the judgement. He's job is to keep the myth alive as long as possible, without any proof that he has access to private keys

The note thing is an invention of you, right?  I would inmediately recognise that comment as irony/sarcasm but with that clown you never know whats the next bizarre thing he will come up with

I am wondering something... those high stakes trials are expensive... like a lot... what will happen to kleiman legal costs when CSW claims bankruptcy?

CSW is already on a hook for $658,581 in attorney fees to Kleiman. That might have to be settled before the end of the trial so at least they gonna get that much. Ayre is getting much more than that just in PR. Attorneys are not idiots and have a good idea how much they would actually be able to collect on. So they'll have a choice to do the right thing take this to the end and bankrupt CSW and get nothing, or get something from Ayre in form of a settlement. With settlement everyone wins, CSW can brag that judge ruled that he's Satoshi, nChain can continue to leverage that to pump BSV, Kleiman and his lawyers get few $millions, and Ayre gets a #4 cypto. Beauty is with all that, BTC continues to go up, badger gives 0 shits!

[bitserve]

Has anybody here ever bought BSV?

Please, be honest guys. I could do with a good laugh.

Technically, yes.

When I received the BCH I started trying to extract the max I could from it. I traded some for BTC, at different prices, and also started scalping it because it was so volatile. Shitcoins are volatile, yo. Which is great for scalping.

When volatility diminished I stopped and just forget about it, till better times.

Then it came the Bcash fork, and with it came the BSV and a new wave of good volatility. So again I exchanged some and scalped some other.

Again I got bored at the returns and stopped playing.

During each of this steps my Bcash/bsv count kept being reduced as I was converting the scalping profits plus some of the principal into BTC.

And now comes the third wave I was waiting for... Which I am just now analyzing to decide my next step. Probably more of the same, exchange some, scalp some.

The good thing (for me) of trading/scalping shitcoins is that I feel almost completely detached from the underlaying "asset", more so if I got them for "free". So I can be more aggressive than I am with my precious BTC.

Anyway... as trading/scalping involves also BUYS (even if at lower prices than the slices being previously sold) then yes. I'm guilty.

Have I spent a single cent not coming from itself for any of the buys? Hell no! Are you crazy? For me it's just the "gift" that keeps on giving.

[jojo69]

respectable daily...I'll take 3 more of those please

[jupiter9]

Nice. Already 25% increase from the 15th-20th December. The next target 18th January. Maybe a day more or less. Will consider to take some profits.

[bitserve]

Yup, let's call it a daily.

[DaRude]

I wonder how stupid you have to be to be buying SV right now....

Jihan and Roger might be running dry, nothing on the horizon except for BTC halfening which would take away from the bottom line at bitmain. Ayre/Faketoshi smell blood and circling around bcash like sharks. If they manage to crush bcash they might keep this up till BSV halfening.
All this while BTC is just sitting at the top watching two idiots fight each other. It's goingto be a good year for popcorn companies  

Faketoshi really thinks he can take down Bitcoin when he can't even take down Bitcoin Cash? He might have them today, but he will have to keep this up in order to sustain it.

If he backs out now he's guaranteed to get destroyed (Ayre probably made him sign his life away before saving his ass from the Aussie tax man), his only option is to continue this charade for as long as possible. If BTC doesn't moon to offset Bitmain's mining losses from halfening, BSV might be able to take down Bcash. POW coins are not cheap to keep at the top, halvening should relieve some pressure thus why Ayre is making a move now. Unless Faketoshi can prove he has the private keys, bitcoin has nothing to worry about (even then bitcoin will survive), sit back, relax and watch the idiots fight.

"Feeeeed me Roger!"  -Bcash "Feeeeed me Calvin!"  -BSv

[exstasie]

respectable daily...I'll take 3 more of those please

Fat volume too. I like what I see.

Bitfinex shorts up 73% in 24 hours.

Dip buying season, engage. Latest analysis here: https://bitcointalk.org/index.php?topic=5196072.msg53605841#msg53605841

[Yaplatu]

It's time to sell  

[Majormax]

I wonder how stupid you have to be to be buying SV right now....

A lot of buyers just chase price momentum, without any idea of what is really going on in the fundamentals. They often think they can get out in time, but when this sort of move ends, liquidity evaporates and the reversal will kill most of the price in short order.

The alts certainly seem to be running on momentum alone. It is fairly positive to see BTC moving steadily higher (indicating it is not just a rotation trade), but of course it would be unwise to chase this move.

When the reversal comes, it will of course take everything down, but there will then be a good indication of where the new support lies.

[TheJuice]

It's time to sell  

We've only just begun, young one.

[soxxx]

I wonder how stupid you have to be to be buying SV right now....

A lot of buyers just chase price momentum, without any idea of what is really going on in the fundamentals. They often think they can get out in time, but when this sort of move ends, liquidity evaporates and the reversal will kill most of the price in short order.

The alts certainly seem to be running on momentum alone. It is fairly positive to see BTC moving steadily higher (indicating it is not just a rotation trade), but of course it would be unwise to chase this move.

When the reversal comes, it will of course take everything down, but there will then be a good indication of where the new support lies.

I heard someone bought 1300 BTC SV on bittrex or something and ended up paying over $2000 for a single one. Stupid.

[marcus_of_augustus]

Can someone please have a word to Harry and Meghan about bitcoin??

https://www.telegraph.co.uk/royal-family/2020/01/14/duchess-sussex-moves-business-interests-delaware-us-corporate/

The Duchess of Sussex has moved her business to a US state used by the super-rich to protect their interests from scrutiny.

The Duchess’s company Frim Fram Inc was moved out of California in December and incorporated in Delaware, which tax experts suggest could be done to avoid being hit with tax liabilities in California.

Corporation filings seen by The Telegraph show that the move was made on New Year's Eve, while Meghan and her husband were taking a break in Canada, planning to quit their roles as ‘senior’ royals and become financially independent.

... and they can't even spell Flim Flam properly  

[jojo69]

sell then

I'm sure there is a thread for that somewhere, why don't you go find it, that's a good boy

[El duderino_]

It's time to sell  

Nobody is holding you, you’re in control of your own CORNs, that’s what it’s all about

[rdbase]

I wonder how stupid you have to be to be buying SV right now....

A lot of buyers just chase price momentum, without any idea of what is really going on in the fundamentals. They often think they can get out in time, but when this sort of move ends, liquidity evaporates and the reversal will kill most of the price in short order.

The alts certainly seem to be running on momentum alone. It is fairly positive to see BTC moving steadily higher (indicating it is not just a rotation trade), but of course it would be unwise to chase this move.

When the reversal comes, it will of course take everything down, but there will then be a good indication of where the new support lies.

I heard someone bought 1300 BTC SV on bittrex or something and ended up paying over $2000 for a single one. Stupid.

Then you might get a kick from this thread about B-SV vs BCH creators https://bitcointalk.org/index.php?topic=5211840.msg53418184#msg53418184
Twiddle dee and twiddle dumb.

sell then

I'm sure there is a thread for that somewhere, why don't you go find it, that's a good boy

That's it! Tell em where it's at Jo Jo!

[marcus_of_augustus]

.... bitcoin forks were most dangerous for the slippery slope of introducing former bitcoin maximalists to the temptations of shitcoins.

It's okay to be a lapsed maximalist, it was an evil scheme ... but you must confess and come back to the fold eventually.

[rdbase]

$8900 reached but didnt hold there very long.
Just $100 more to go.

You can do it CORN!

[LUCKMCFLY]

Well, the issue of sending large quantities via Lightning Network is already being resolved.

The #LightningNetwork's theoretical throughput exceeds that of any "next-gen" #blockchain and even payment systems like Visa or Alipay. We've reached an inflection point where decentralized systems can outperform centralized systems. ⚡️⛓️📈 #Bitcoin

Source: https://twitter.com/Excellion/status/1217240159076462592

[El duderino_]

... did anyone saw 1917 already

Where all the white women at, in 1917.

Was it good?

I have no clue. I was trying to make a joking post baiting SJWs.

Failed miserably, along with my call for Vegeta within "a few hours". Oh well.

Bad day for Bob. Frustrated getting the right polish on an audio project I'm working on, and angry with myself being lazy mixing in headphones in bed, when I really need to be working in my studio with proper monitors and a sub. Bleh.

Our days are shifting, nite bob!

Btw I will let you know on Thursday how it was

[El duderino_]

Into HODLsleep  ^#thedudeapprovesABIDES