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

[VB1001]

^
Of course.

[VB1001]

My body is ready.

My body is also ready, today we have cocktail, dinner and parabolic night, we must enjoy.

[aesma]

Red red red.

The halving is of course important, but I'm not convinced it's that important in the long run. Most BTC has been mined already, the price can't depend that much on mining.

[infofront]

The only way to undermine bitcoin is with a massive, global, coordinated smear campaign. Politics is all about being disagreeable and uncooperative. We are at no risk at all.

The problem is going to come when it's time to "cash out". The US is supposed to unveil it's new, stricter, draconian AML/KYC regulations for cryptocurrencies. The US makes just about every nation on earth abide by the same rules. At the very least, they're going to require Proof of Source of Funds that will require you to prove how you got your bitcoins, and how you got the money to buy your bitcoins. They'll also probably require sharing this PoSoF information between exchanges and payment processors so you can't reuse the same proof at different exchanges, etc.

[aesma]

Aside from that I'm keeping with the trading to earn some sats/euros every day.

I had decided to change my intervals a few days ago to try and profit more from the volatility, with 25€ increments in BTC value. I increased the increment between a sell and a buy from 100€ to 150€ to lower the impact of fees (32% in fees was too much). With the wild moves since yesterday it has been very difficult to keep up with placing orders, but it's been fun, and should have been good profit (no time to evaluate yet).

[serveria.com]

Red red red.

The halving is of course important, but I'm not convinced it's that important in the long run. Most BTC has been mined already, the price can't depend that much on mining.

How many bitcoins are mined per day now? Around 1800? So roughly $15-$16 million in BTC to dump every day not bad huh?  

[Ibian]

The only way to undermine bitcoin is with a massive, global, coordinated smear campaign. Politics is all about being disagreeable and uncooperative. We are at no risk at all.

The problem is going to come when it's time to "cash out". The US is supposed to unveil it's new, stricter, draconian AML/KYC regulations for cryptocurrencies. The US makes just about every nation on earth abide by the same rules. At the very least, they're going to require Proof of Source of Funds that will require you to prove how you got your bitcoins, and how you got the money to buy your bitcoins. They'll also probably require sharing this PoSoF information between exchanges and payment processors so you can't reuse the same proof at different exchanges, etc.

Moneyed people, unique among even the so-called first world population, have the ability to move. Leaving the west is the sensible option. Arguably the only, for those who know how communism works.

I can trade coins for cash with people in person, and more atms will pop up over time. Only real problem for me will be finding a bank that doesn't mind large cash deposits. But then, if I ever need a house it will be because I'm starting a family, so a way will be found even for this.

[Phil_S]

Only real problem for me will be finding a bank that doesn't mind large cash deposits.

You ever watched Ozark?

[Toxic2040]

the noon wall report


Bearish forces have launched a stunning counter-attack against the Bulls and driven them back from a $9.5k high not seen since mid February to the brink at $8.4k on heavy volumes. Bullish forces have rallied back to a $8.7k focal point but resistance remains strong.





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wrong again..time for a new poll?  maybe what will bitcoins price be at the halving?  below 5k..above 10k? some brackets in between? regardless...thanks @infofront

[rdbase]

Red red red.

The halving is of course important, but I'm not convinced it's that important in the long run. Most BTC has been mined already, the price can't depend that much on mining.

How many bitcoins are mined per day now? Around 1800? So roughly $15-$16 million in BTC to dump every day not bad huh? 

If being so concerned about how much is mined per day then might I suggest a docu about crypto I stumbled upon last week?
https://bitcointalk.org/index.php?topic=5244830.0
Just to get your mind off the bottom line.

Only real problem for me will be finding a bank that doesn't mind large cash deposits.

You ever watched Ozark?

Havent watched this series yet and heard I am three seasons behind.
Guess will need to do a binge session like I did with breaking bad four years ago.
Now you have gotten my mind back to the bottom line.

[Ibian]

Only real problem for me will be finding a bank that doesn't mind large cash deposits.

You ever watched Ozark?

No. Not yet, at least.

Edit: And probably will not.

[infofront]

Old Poll:


Credit to Toxic for the new poll!

[rdbase]

Old Poll:


Credit to Toxic for the new poll!

Sent 2+ sMerits for him since he sent me some recognition today for the vegetagasm earlier.

edit: just noticed I cant vote on the new poll.

[Last of the V8s]

poll is broken infofront
 

[bitcoinPsycho]

>$10000

[infofront]

Fixed. God, you guys are fucking demanding

[Last of the V8s]

Get a grip before we furlough your ass. Mods are 2 a penny nowadays.

[bitserve]

Get a grip before we furlough your ass. Mods are 2 a penny nowadays.

Maybe he will be making more if we furlough him than what he is currently making. That is happening in Spain with many jobs. They don't want the lockdown to end. Ever.

That way it will be Theymos paying for his salary instead of us. Win-Win.

[rdbase]

Fixed. God you guys are fucking demanding

Not as demanding as a Roger Ver pre-bch (just notice bch looks like a short way to abbreviate bitch).
He even apologizes for getting so angry at how government owned banks worked back then.

[jojo69]

goddamn right we are