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

[AlcoHoDL]

A hacker is exploiting trust in well-known brands by creating fake cryptocurrency wallet extensions for Google Chrome that trick victims into disclosing sensitive information.

Harry Denley, director of security at wallet provider MyCrypto, who identified the fake wallet extensions, said in a report Tuesday that Google has so far removed 49 extensions that purported to be well-known crypto wallets from its Chrome Web Store.

The fake extensions are basic phishing plays. Posing as legitimate wallets, they leak personal information inputted by users, such as private keys and passwords, to the hacker, who can then drain balances in a matter of seconds.

The fakes detected have so far claimed to be wallets such as Ledger, Trezor, Jaxx, Electrum, MyEtherWallet, MetaMask, Exodus, and KeepKey. Test amounts of crypto sent by Denley have not been picked up, suggesting that either the hacker has to manually empty wallets or that they are only interested in comparatively large balances.

https://www.coindesk.com/mystery-hacker-tries-to-steal-crypto-through-fake-google-chrome-wallet-extensions

Discovering Fake Browser Extensions That Target Users of Ledger, Trezor, MEW, Metamask, and More

https://medium.com/mycrypto/discovering-fake-browser-extensions-that-target-users-of-ledger-trezor-mew-metamask-and-more-e281a2b80ff9

It's all good. Those who enter private keys and other sensitive information about their Bitcoin into any Chrome extension applet that asks them to, do not deserve to own any BTC. It's the laws of nature at work: Bitcoin (and other objects of value) naturally flows towards the smartest owner.

Remember Peter Shiff?

“My #Bitcoin mystery is solved. I mistook my pin for my password. When Blockchain updated their app I got logged out. I [tried] logging back in using my pin, which was the only ‘password’ I had ever known or used. I also never had a copy of my seed phrase. Honest but costly mistake!”

Yeah, right. Fuck you, Peter. And thanks for distributing the value of your coins evenly to all of us Bitcoin HoDLers...

This is fine.

HoDL.

[Phil_S]

It's just a false correctness. Strictly people are dying from heart failure, all sorts of multi-organ failures etc. Viruses just replicate.

So there’s a chance the numbers being reported by the UK Gov on COVID19 deaths are inflated by non COVID19 deaths?

Do you think elderly people (I think past the age of 80 don’t require postmortems) who die in hospital of pneumonia or flu type symptoms are being recorded as COVID19 to inflate numbers & maintain a level of fear amongst the general  public to ensure lockdown rules are followed?

There's a 0.1% chance of that. It's 99.9% likely the covid death numbers have been systematically under-reported unintentionally or negligently.

The fear is just a handy byproduct and much exaggerated by people's words, but not by these stats.

Hmm...

https://abcnews.go.com/Health/wireStory/us-virus-numbers-now-include-probable-cases-tests-70170223

US virus numbers now include probable cases without tests

The U.S. tally of coronavirus cases and deaths might jump, because federal health officials will now count illnesses that are not confirmed by lab testing

https://www.reuters.com/article/us-health-coronavirus-usa/new-york-city-posts-sharp-spike-in-coronavirus-deaths-after-untested-victims-added-idUSKCN21W20G

New York City posts sharp spike in coronavirus deaths after untested victims added

WASHINGTON/NEW YORK (Reuters) - New York City, the hardest hit U.S. city in the coronavirus pandemic, revised its official COVID-19 death toll sharply higher to more than 10,000 on Tuesday, to include victims presumed to have perished from the lung disease but never tested.

[lightfoot]

Looks like the Trump Bump airdrop is finding its way to Bitcoin. Good.

Or bad. I need to get this crap into bitcoin and by the time I get the money cashed and put into the bitcoin machine it will probably be way high.

Bitcoin ATM machine goes Brrrrrrrrrrrrrrrrrrr

[fillippone]

GreyScale Digital Asset Investment Report Q1 2020

First Quarter of 2020 (“1Q20”) Highlights2
• Total Investment into Grayscale Products: $503.7 million
• Average Weekly Investment – All Products: $38.7 million
• Average Weekly Investment – Grayscale Bitcoin Trust: $29.9 million
• Average Weekly Investment – Grayscale Ethereum Trust: $8.5 million
• Average Weekly Investment – Grayscale Products ex Bitcoin Trust3
: $8.8 million
• Majority of investment (88%) came from institutional investors, dominated by hedge funds.

LINK:
https://grayscale.co/wp-content/uploads/2020/04/Q1_REPORT_2020.pdf

Usual reasoning:

USD Greyscale investment: USD 503,700,000
USD Bitcoin Price (Q1 Average):  USD 8,273

Greyscale investment in BTC:  60,855

Total BTC Mined during this quarter: 12.5*6*24*30*3=162,000

Greyscale Investment equal to roughly 37% of the new mined BTC.

Of course it is naive to think they bough only from new coinbase, rather than addressing the enormous quantity of BTC whales out there sitting on thousands of Bitcoin bought when it was worthless.
But alas, it's a huge buying pressure.
And don't forget this percentage will double in a little less than a month with the halvening!

Alo worth noticing that the fall in market price didn't spur any redemption in the fund, on the contrary, the inflows have been steadily growing!

[JohnBitCo]

Looks like the Trump Bump airdrop is finding its way to Bitcoin. Good.

Or bad. I need to get this crap into bitcoin and by the time I get the money cashed and put into the bitcoin machine it will probably be way high.

Bitcoin ATM machine goes Brrrrrrrrrrrrrrrrrrr

Don't go out for an AtM machine......

[VB1001]

https://twitter.com/jpurd17/status/1250777751520411648

🚀

[bitebits]

Grayscale Digital Asset Investment Report, Q1 2020

Largest Quarterly Raise in Grayscale History: Grayscale raised $503.7 million in 1Q20, nearly double the previous quarterly high of $254.8 in 3Q19. New investors accounted for $160.1 million in inflows. 88% of inflows this quarter came from institutional investors, the overwhelming majority of which were hedge funds.

Full report:
https://grayscale.co/wp-content/uploads/2020/04/Q1_REPORT_2020.pdf

[xhomerx10]

Dildo?

[2020VISION]

bitcoin forced pump ~> havening to 20k :-D weeee

[Elwar]

I am watching for the Western MSM narrative to sour on China in the next weeks, then we will know it is on.

Fox is running with the Wuhan Institute of Virology lab accident angle tonight.

So they dropped the "Chinaman fucking a bat" angle? Hm....

what happens in the labs stays in the labs.

well, shit

I had a friend who said he fucked a bat once.

He couldn't walk for a week.

#homo

[el_rlee]

Hey there!
If somebody wants to sell me his stimulus check, I am searching to buy one!
https://bitcointalk.org/index.php?topic=5241059.new#new

[2020VISION]

I am watching for the Western MSM narrative to sour on China in the next weeks, then we will know it is on.

Fox is running with the Wuhan Institute of Virology lab accident angle tonight.

So they dropped the "Chinaman fucking a bat" angle? Hm....

what happens in the labs stays in the labs.

well, shit

I had a friend who said he fucked a bat once.

He couldn't walk for a week.

#homo

 

[LFC_Bitcoin]

bitcoin forced pump ~> havening to 20k :-D weeee

I’m as bullish as anybody by 20k in less than a month?

No chance.

[Biodom]

Grayscale Digital Asset Investment Report, Q1 2020

Largest Quarterly Raise in Grayscale History: Grayscale raised $503.7 million in 1Q20, nearly double the previous quarterly high of $254.8 in 3Q19. New investors accounted for $160.1 million in inflows. 88% of inflows this quarter came from institutional investors, the overwhelming majority of which were hedge funds.

Full report:
https://grayscale.co/wp-content/uploads/2020/04/Q1_REPORT_2020.pdf

Oh, great, now we know who the panic sellers are or would be. /s

Here is a day by day or week by week description of financial actions by the governments and CB.
https://getpocket.com/explore/item/how-coronavirus-almost-brought-down-the-global-financial-system
A interesting read, but, it is, perhaps, too early to be as self-congratulatory as the author is.

[lightfoot]

Don't go out for an AtM machine......

Yah, but how else can I obtain bitcoin? Living in the US it's not easy. Ideas?

(And I've never done it before)

[jojo69]

[Last of the V8s]

[JSRAW]

On topic

[Toxic2040]

[JimboToronto]

Good morning Bitcoinland.

I see we're back up over $7k... currently $7004USD/$9904CAD (Bitcoinaverage).

A small step in the right direction. Go Bitcoin go.

worldnewsdailyreport is similar to theonion.com both are highly respected sources for news on par with weeklyworldnews

You forgot Fox News.

I need to get this crap into bitcoin and by the time I get the money cashed get the credit out of the bank and turn it into money and put into the bitcoin machine it will probably be way high.

Bitcoin ATM machine goes Brrrrrrrrrrrrrrrrrrr

ftfy