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

[JayJuanGee]

I watched that twice... I still don't understand what he's saying and I'm not sure he does either.

Satoshi.... rofl

He's describing signing such as is used in https ssl certificates. Bitcoin signing is completely different. He knows the difference, but someone called his bluff and he has to create another lie to cover it up.

As long as he has enough shillers to follow, they will spread every of his messages.
Either BSV goes zero, its network becomes unoperable or Craig goes to jail. Then eventually, the story of BSV may end.
But it's a part of bitcoin, too, since it's value practically comes from bitcoin through the chainsplit.

I cannot see BSV going to zero any time soon, even if Craigie weggie goes to jail.  There will be some milking of the hype of the injustice of it all for quite a while to come... And, yeah it would be nice if Craig were to go to jail, but that seems to be a kind of pie in the sky wish, and are those kinds of justices ever really achieved in the real world?

  Of course, there could be some major BSV price fluctuations (including DOWNity) and even attacks on the BSV network that could help BSV in the direction of achieving somewhere close to its true value (which I agree to be at or near zero), yet we have seen too many fucked up/scam projects in this space that continue to get pumpenings without much if any reasonable considerations about their actual value there.. I think Onecoin serves as one of those examples.

Shyte, i forgot to include an "if". I don't believe that any of the three will happen likely or soon, but should act as catalyst to push BSV into the corner of "obsolete" or "unused".
I do agree with you more than you might think.
I even think that a split chain should start with no value at all. Like btc did back then. If that forks would even exist if it would be that way.

Surely, over time, we have seen some forks (and even coins) gain more value than others in terms of being able to get some kind of traction, publicity and/or marketing angle, and getting the coin on a few exchanges (even if rinky dink exchanges) can be somewhat helpful in establishing an initial market that is much above zero (over valued in the consideration of many of us, but still way more than zero for an initial value).  I doubt that any kind of wishing away the phenomena is going to stop shitcoins from establishing way more value than they deserve, and surely, if they can get some traction with people willing to buy them or to hold them, then they are likely to make the founders more rich than they deserve to be.. look at HEX in that regard, too (not really wanting to give attention any specific shitcoin, except to criticize it for its scamminess).

[sirazimuth]

This guy has the answers...
https://twitter.com/RexChapman/status/1268347880731009026

Thanx for link mate!
Had no idea where that was going till the end. Lmao

[jbreher]

- A troop of monkeys in India attacked a medical official and snatched away blood samples of patients who had tested positive for Coronavirus.

O.o

[Last of the V8s]

... sars-cov-2 manmade bioengineered chimeric virus leaked from lab in wuhan ... Confirmed
retired chief spook from UK saying china let it run to rest of world so they were not uniquely disadvantaged, smells a lot like limited hangout to distract from the civil unrest and directed anger away from military intelligence surveillance complex western elites have built and back at china
https://www.telegraph.co.uk/news/2020/06/03/exclusive-coronavirus-began-accident-disease-escaped-chinese/

Confirmed by R0ach?

A former head of MI6 has said he believes the coronavirus pandemic "started as an accident" when the virus escaped from a laboratory in China.

See, there are people believing that the earth is hollow (and there's even more to it).
So it's confirmed then? No?

In my mind confirmed. When these assholes finally start pointing to what was previously considered the most rabid of conspiracy theories you know it's probably correct .... but then need to ask yourself why do they admit to the truth now?

Also if you can read the article (paywalled) he does make reference to some inside running on scientific articles that will be coming out

https://archive.vn/ggZxH archive of that ^
https://www.investopedia.com/news/which-governments-are-hoarding-bitcoin/
https://www.novinite.com/articles/197339/Bulgaria+did+not+Hold+Bitcoin+Worth+%241.6+Billion%2C+Finance+Minister+Claimed
afair other times 'an official lost it', or one said 'no we hodl it, sure', seems to be a new version every so often
only time may tell who controls those keys

[Last of the V8s]

爱国恨党

Google translate of course mashes this up.


Love the country, hate the government.

[Arriemoller]

34 brothers, the dude is getting drunk older :-)

Congratulations, When you are about my age I'll be somewhere around my 90s. (That means I'll most likely be dead).
Enjoy youth, oops,forgot who I''m talking to, you already do.

Code:

x - 34 = 90 - x
2x = 124
X = 62

Is 62 yo ...

I told you I suck at math, it's actually 59, that's why I wrote "around my 90s" I'm to lazy to do an exact calculation of numbers that complicated.

[Arriemoller]

Maybe I should have written "approaching my 90s", sorry.

[Arriemoller]

"Just now in Alta, Norway: Huge mudslide dragging several houses into the sea."

https://www.nyteknik.se/miljo/film-otackt-jordskred-i-norge-drog-med-sig-hus-6996579

[Toxic2040]

the noon wall report


Bitcoin is showing marked resiliency as legacy markets correct moderately from yesterdays sharp gains. Tomorrows Jobs report is likely to show continued retraction in the US and global economic outlook. Record unemployment numbers are also forecast as the Covid19 pandemic shutdown continues to show effects in all sectors of the economy.

Rioting in the USA over the senseless death of George Floyd has diminished and has been replaced with mostly peaceful protesting over racial inequality. An often heard cry in this great nation that unfortunately gets unheard and unredressed by society.


What does this have to do with bitcoin you ask? Everything I say.

I believe bitcoin was conceived and created in the fires of such a financial crisis. It rose and clawed its way into existence exactly in such a time as now, with unchecked government spending(read bailouts) and the added fuel of central banks imposing negative interest rates upon an already burdened populace.

Bitcoin has been showing maturity for the first time in its young life..its divergence from legacy markets..its quality and its viability as an alternate to fiat. Through these days bitcoin has had its shocks..as we all have. Despite that it has continued to perform as it was designed and I dare say exceed expectations both from a technical and a subjective view. Yes, it still continues to be a shallow pool where even moderate sized whales can easily agitate the surface and cause waves that widen the eyes. For the record I neither approve nor disapprove of such actions. That is the beauty of bitcoin..they are yours to do as you wish..when ever and however you want. I love that about bitcoin. Volatility remains high and will likely remain so for years as the market seeks depth. I think we will see a 5x to 10x increase in market cap over the next 4 years..with further potential of 30x or more in the following decades. Its hard to imagine after 10 years we are still only seeing the end of the beginning.



pole vaulting can be pleasant to watch..who knew?
4h



accumulating and buying of the dips..yes...this is good  
D


10 years in and the monthly shadows and clouds begin to have resolution  
M

[Last of the V8s]

[JayJuanGee]

I think we will see a 5x to 10x increase in market cap over the next 4 years..with further potential of 30x or more in the following decades.

Lookie uie.. .mr. grumpy... trying to ruin dee moo with ur bearish prognostications.


 

[ivomm]

https://www.globenewswire.com/news-release/2020/06/02/2042081/0/en/Velocity-Announces-Discovery-of-New-Gold-Zone-and-High-Grade-Gold-Drill-Results-from-Obichnik-Gold-Project-Bulgaria.html

We rich now

Gold machine go Brrr..
Interesting, Bulgaria. Isn't that the government that confiscated and 'lost' 213K BTC.   Maybe they're just diversifying.

I remember that Bulgaria had proclaimed to have been HODLing more than 200k BTC from the proceeds of various crimes.. or something like that, but I do not recall ever hearing about any proclamation or news that they no longer HODL such BTC, and surely they could choose to diversify (like you said), but diversification does not seem to make a whole lot of sense, except admittedly, most traditional financial advisors would likely believe that they understand gold better than bitcoin, and likely would be more comfortable in HODLing value in gold than in BTC... even though many of us BTC advocates have difficulties considering gold as being anywhere close to bitcoin in terms of actual upside potential (surely, the view of a BTC advocate is in competition with the concept of the perceived "store of value" narrative that would be difficult to shake from the heads of a lot of traditional investors).

Bulgaria, my country for good or worse. The only thing which I am proud as bulgarian is that we saved our jews during the WW2 despite being allies with the germans. A country with 1340 years of history, always fighting with the giants for the right to exist. Currently, the poorest country in EU (I mean 10 times smaller salaries for the same prices of goods), with the worst corruption in all floors of the goverment, with high negative growth and with the highest mortality rate in the world! Luckily, the 3rd country in Europe with the lowest number of  covid-19 positive people from 1 million. We have several gold mines, but our country has extremely little profit from them. The reason - corrupted politicians who steal everything. Even if we were floating in oil or sitting above gold, the people would be still starving. For example, the former communists desguised as socialists drove the coutnry to a hyper-inflation in 1996, when the monthly salaries were equal to one bread.

Yes, several years ago an international criminal group was arrested with the aid of Interpol.  Rumors say that the goverment already sold their 200K bitcoins https://steemit.com/bitcoin/@j1v/200000-bitcoins-sold-recently-by-bulgarian-goverment. I am not sure about that, because seizure of computers does not mean they found the keys. The official report was that criminals operated with bitcoins and nothing more. I don't trust yellow papers and sites. The truth is that our police, government and judicary are extremely old fashioned. They can't even seize the money of phoney bankers and hazard bosses like Tsvetan Vassilev and Bojkov, who stole from the government several billions of euros. I watched every interview and I noticed that the word keys was never used. The explanations were that from the seized computers were made transactions of bitcoins. They were stupid enough to admit that nobody can get access to these bitcoins. Since I really doubt that the criminals wrote the keys on the desktop, my guess is that the bitcoins are really not in the possesion of the goverment. May be some day when the criminals are out of jail they will try to move them. But with Interpol and FBI monitoring their addresses, I think this will be nearly impossible task.

[JSRAW]

Since the halving, Grayscale bought nearly 20k coins and miners mined less than 15k.
Weak hands account for the difference.

Sauce?

This chart circulating today..
https://twitter.com/kerooke/status/1265779970183495680

Grayscale's Bitcoin Trust bought 18,910 Bitcoins since the halving.

Only 12,337 Bitcoins have been mined since the halving.

Wall Street wants Bitcoin, and they don't care what Goldman Sachs has to say.

This story going around for quite some time.
Greyscale is Buying Bitcoin At Record Rates: $29.9M Per Week, & Growing

"Greyscale is thought to have purchased "2/3rd of all supply of newly minted Bitcoin" in the 100 days before 5/17."

https://www.reddit.com/r/CryptoCurrency/comments/glk105/in_the_last_100_days_the_number_of_bitcoins_in/?utm_content=body&utm_medium=post_embed&utm_name=6d6ff59f3a8b4b929fd91062c6cf737a&utm_source=embedly&utm_term=glk105

Update on Grayscale..

Another massive week for Grayscale.

Grayscale added 9,503 BTC to their Bitcoin Trust since last week (28,413 BTC since the halving).

Bitcoin miners only produced 6,863 BTC since last week (19,200 BTC since halving).

https://twitter.com/kerooke/status/1268642107486593024

[Elwar]

Well the results are in and studies show that hydroxchloroquine does *not* prevent Covid19...

https://www.washingtonpost.com/health/2020/06/03/hydroxychloroquine-clinical-trial-results/

So it has no proactive benefit and can increase your chance of death if you take it when sick. Typical snake oil, please update your axioms.

I wonder if the company who made it will give refunds, including the tens of millions of units sent down to Brazil a week or two ago.

Researchers Retract Botched Anti- Hydroxychloroquine Study Which Was Used To Attack Trump
https://www.zerohedge.com/health/researchers-retract-botched-anti-hcq-study-which-caused-who-halt-trials?fbclid=IwAR3Cl5FudBlARIWRbdP2kTq2ftnVNbeNtjM7EzS6dk78Ow1QCK4C3VsS8LA


Fortunately the authors of the study offered you an apology.
"We all entered this collaboration to contribute in good faith and at a time of great need during the Covid-19 pandemic," said the authors. "We deeply apologize to you, the editors, and the journal readership for any embarrassment or inconvenience that this may have caused."


What is so damned sad about all of this is the amount of people truly rooting against HCQ as a cure. Like they seriously hope it doesn't save one damned life. It's time for a bit of introspection if you don't want HCQ to cure sick people just to score political points.

I'd never take it. I was given a year's supply when I went to Afghanistan, twice, and I never took it. I am not a drug user so if I catch COVID I would rather fight it without doing drugs. But if it's going to save people that have destroyed their bodies throughout their lives, then that is some great damned news. That is something I would hope to be true.

We will see in 2 weeks if the hotspots for all of these protests see a huge surge in COVID patients. That is the real thing to watch.

[rdbase]

Where is our leader?
Checking out the bunker during the riots or hiding out in there?

https://www.vulture.com/2020/06/the-rock-instagram-video-protests-leadership.html
You have to answer to adam for your treachery.

ShazamBTC-> $10K!

[lightfoot]

Well the results are in and studies show that hydroxchloroquine does *not* prevent Covid19...

https://www.washingtonpost.com/health/2020/06/03/hydroxychloroquine-clinical-trial-results/

So it has no proactive benefit and can increase your chance of death if you take it when sick. Typical snake oil, please update your axioms.

I wonder if the company who made it will give refunds, including the tens of millions of units sent down to Brazil a week or two ago.

Researchers Retract Botched Anti- Hydroxychloroquine Study Which Was Used To Attack Trump
https://www.zerohedge.com/health/researchers-retract-botched-anti-hcq-study-which-caused-who-halt-trials?fbclid=IwAR3Cl5FudBlARIWRbdP2kTq2ftnVNbeNtjM7EzS6dk78Ow1QCK4C3VsS8LA


Fortunately the authors of the study offered you an apology.
"We all entered this collaboration to contribute in good faith and at a time of great need during the Covid-19 pandemic," said the authors. "We deeply apologize to you, the editors, and the journal readership for any embarrassment or inconvenience that this may have caused."

Thanks for posting this. I just saw the retraction, and was planning to update. But that's how science works, when fuckups are detected they acknowledge the error and move on.

What is so damned sad about all of this is the amount of people truly rooting against HCQ as a cure. Like they seriously hope it doesn't save one damned life. It's time for a bit of introspection if you don't want HCQ to cure sick people just to score political points.

I'd never take it. I was given a year's supply when I went to Afghanistan, twice, and I never took it. I am not a drug user so if I catch COVID I would rather fight it without doing drugs. But if it's going to save people that have destroyed their bodies throughout their lives, then that is some great damned news. That is something I would hope to be true.

We will see in 2 weeks if the hotspots for all of these protests see a huge surge in COVID patients. That is the real thing to watch.

Well, it will take about 8 weeks to show up in the death count. Looks like it takes 2 weeks to get sick (while infecting others) then 2 weeks before you get a test, then you die in a month or so. Right now we're seeing infections shoot way up in the South so it looks like the gun toting loonies from last month are starting to show up. They should be dying about the time these protesters (some wearing masks, some not) start a hacking.

#1 reason why I did not go to any protests: Right now protesting is pretty stupid unless you're going for a full blast revolution, which isn't needed at this point.

[Wekkel]

Politicians are already getting busy spinning the upcoming worldwide "Great Economic Reset" as a wonderful thing:

https://www.imf.org/en/News/Articles/2020/06/03/sp060320-remarks-to-world-economic-forum-the-great-reset

But mark my words, middle class wealth will be destroyed in the process, and middle class and lower class debt will continue to grow. The wealthy elites will suffer nil.

For them, it’s just a phase transition.

For us as well 

[serveria.com]

34 brothers, the dude is getting drunk older :-)

Happy BD man! Living WO legend.... 

[AlcoHoDL]

And they are all made in China... Let's face it, almost all of the electronics (and many other items) we currently own are made there, and some are even designed there.

BTW, the HUAWEI P30 Pro is easily the best phone out of the four. It is by far the best phone I've ever owned. Previously using Samsung Galaxy Note 2 and 4, both of them developing at least one serious issue within one year of ownership + the usual Samsung bloatware.

[rdbase]

Guess who called in the paramilitary into Washington D.C tonight?
https://youtu.be/c5rBXIT3zhk

Be aware they are private so they are like contract mercs so they dont care what laws they break.
Don't we need the anti-hero to go into battle now?

War has come in 3..2..1