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

[fillippone]

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Rates include nightly (starting at $88/night), weekly (starting at $546/week) and long term rentals (starting at $1311/month).

Reserve your room now at https://vivavivas.com

Don't bother getting out your credit card to pay, fiat is not accepted.

You should post prices in Bitcoin, even more so as fiat is not accepted.
If Bitcoin cannot be the unit of account on MS Satoshi, I don’t know where it can be.

[BobLawblaw]

FWIW, I'm converting part of my Paypal cash balances from transactions, into BTC, within the Paypal ecosystem.

I'm really angry with myself for doing that.

Already had to sell some "pocket lint" in BTC, to facilitate a refund on a USD transaction, and it asked for my SSN, before allowing me to continue.

HAR HAR IRS !!!

I SOLD THAT $25 AT A LOSS !!!

[Indymoney]

FWIW, I'm converting part of my Paypal cash balances from transactions, into BTC, within the Paypal ecosystem.

I'm really angry with myself for doing that.

Already had to sell some "pocket lint" in BTC, to facilitate a refund on a USD transaction, and it asked for my SSN, before allowing me to continue.

HAR HAR IRS !!!

I SOLD THAT $25 AT A LOSS !!!

Many issues related to paypal now coming out so my feeling is  we will soon have divorce between paypal and bitcoin.

[explorer]

The dynamics are currently interesting, and not like what we have seen in the past.  I am going to speculate what might be happening under the hood at this time.

-The retail exchange volumes are up, but not much yet.
-At the same time we are becoming aware of a likely large increase in OTC market volumes.  Does anyone have access to ANY of the OTC trading desk volumes?

I speculate that the OTC market is most likely fairly lit up.  And if I was a player with big money I would do the following:  I would make large purchases on the OTC markets as often as I could, and I would be strategically market dumping portions of these purchases on the retail platforms to suppress retail price, and therefore also control the OTC price since I would imagine it is connected.

Done well this could create a stable price at which to load up as much OTC bitcoin as I possibly could.

If this is being done, then it is going to multiply the fuel in the eventual rocket by bottling up all the momentum that the OTC purchases were not making in real time.  Effectively it is hedging big purchases with a short on the retail platforms.  It ends up being levered to a degree by the fact that retail volumes (at least for trade sizes) are smaller and it would not take much to move, or suppress the market.

Even if that strategy is just a paranoid fantasy, the rest about the retail and OTC markets is true without a doubt.  And even if the big players are not manipulating the whole market by the retail shops, then we will STILL see the eventual intersection of demand with supply in a magnitude never seen before.  But the fuse is lit.  And the smart money can see this (MSTR LOL).  Don;t you think they are going to do everything in their power to delay the inevitable?

And by my back of the napkin calculations there is no way for this particular market to sustain it's current course for very much longer.  Eventually the early whales will be done selling.  I wonder what Chamath is doing.  I think he is too smart to sell much.  On other other hand he's definitely in the green on his purchase.

Personally I think a drop to 14k is not very likely unless it is purposefully dumped there by the biggest players.  And though the motivation to do so is outlined as well as I can above, I just do not think that strategy is going to be able to last much longer.  The only thing that scares me are the big Central Banks and their pet governments.  They will have an incentive to use regulatory powers to crush the market while they do their late accumulation, and then "come around" loosening those regs once they have loaded up.

Interesting times.

Actually, this idea came to me last week, but i wasn't focused enough to write it down in a transparent, logical way.
I deleted the draft after the second attempt. Blame it on the weed 
Anyway, when bitcoin count in circulation decreases far enough, the OTC's will likely follow the shooting retail price, and fomo surge will probably eat up huge sell-offs just like that. Also, if regulation continues, these kind of market manipulations will go bust and therefore vanish sooner or later.

This scenario is pretty much a given, IMO.

IIRC Saylor had his bought on exchange.  Coinbase and others will handle the bids for your firm, and according to them, they have been doing so at below average price, and without moving the market.  That just means it will move all at once, later 

[explorer]

Good morning Bitcoinland.

Still fighting for $19k... currently $18885USD/$26190CAD (Bitcoinaverage).

Was over 25k a week ago, but has been under for days now.  I have yet to see 26k, but I typically only watch Kraken for CAD...  Barely hanging on to 24k right now.

[El duderino_]

Don’t old school the  thread 

[El duderino_]

<…>

Rates include nightly (starting at $88/night), weekly (starting at $546/week) and long term rentals (starting at $1311/month).

Reserve your room now at https://vivavivas.com

Don't bother getting out your credit card to pay, fiat is not accepted.

You should post prices in Bitcoin, even more so as fiat is not accepted.
If Bitcoin cannot be the unit of account on MS Satoshi, I don’t know where it can be.

Actually that’s true, if fiat isn’t excepted.... then don’t bother to say anything fiat-related....

Cheers, I hope te be on it one day :-)

[explorer]

<…>

Rates include nightly (starting at $88/night), weekly (starting at $546/week) and long term rentals (starting at $1311/month).

Reserve your room now at https://vivavivas.com

Don't bother getting out your credit card to pay, fiat is not accepted.

You should post prices in Bitcoin, even more so as fiat is not accepted.
If Bitcoin cannot be the unit of account on MS Satoshi, I don’t know where it can be.

Actually that’s true, if fiat isn’t excepted.... then don’t bother to say anything fiat-related....

Cheers, I hope te be on it one day :-)

I think that's the Tether price 

[Toxic2040]

scrubbed due to raptor(engine)abort   maybe again tomorrow

carry on   

[OutOfMemory]

So i finally received my "black friday" ledger nano S.
The next step was to request ledger.fr to delete my personal data from their e-commerce systems, pointing them to Art 17. of the EU's GDPR (a.k.a. "right to be forgotten").
They have to keep parts of the data, for example for legal purposes, but since the order got completed by signed delivery, they should delete the order data from their shopping server, which is accessible from the www.
A part of the procedure is to notify the requesting person of deletion asap, if possible even send some kind of proof.
I'll keep you updated on this.

L8erz

Got an email today, my request was forwarded to their internal privacy policy team.
please hold the line...

mixed feelings...you would not be able to ask for technical help after that, presumably.

Nah, they keep me in some internal customers database (and other ones, behind the www scene), but not on the www e-commerce server.
The latter is far easier to hack from the outside, as the past has shown already.
(Roughly 70% of successful attacks are coming from the inside, however.)

[HI-TEC99]

Fucking, Austria just changed its signs to fugging, but somebody changed them back to fucking with spray paint.





https://www.dailymail.co.uk/news/article-9031595/Austrian-town-changed-F-ing-sees-new-sign-vandalised-original-title.html

An Austrian town that changed its name from F***ing to the less rude Fugging has seen its new sign vandalised to show its previous title.   

The new signs, which were put up last week, were smeared with black spray paint to show the original name of 'F***ing'.

[xhomerx10]

I did a quick plot of the area of the sign to the number of name changes and if they maintain the current rate, their sign will be larger than their town by 2087!

[Toxic2040]

consolidation commencing   support observed around $18.1kish
#dyor
1h


4h

#stronghands

[Biodom]

Jupiter & Saturn conjunction on Dec 21 (would be visible as "Christmas star").
Last time it happened in 1226 AD or something like this.
Getting my scope ready.

A good occasion for aliens to show up, probably, lol..with a wormhole in vicinity or general direction, a la "Interstellar".

[lightfoot]

Indeed! I have a small scope (4 inch Meade reflector with a DS2000 tracker) but this should be fun to check out.

[d_eddie]

Don't know about you, but my feelings are between sad and annoyed that a town has to change its name because it means something funny in another language. What the fugg!

[Torque]

Story Time:

Ya' know, even though you may own a lot of nice things in life, sometimes it's the littlest of things that make you smile.

Some 30 odd years ago, I'm in college and about to graduate. It was time to move out of our apartment, and my wealthy roommate (who was also my best friend at the time) and I were packing our things. I hear him say, "Hey, you want any of these?" and I look over, and he's talking about a few components of his stereo system. That he bought new, literally a year earlier. He had top of the line Kenwood and Pioneer stereo components and speakers. That's the kind of guy he was at the time...a nice guy, but because he had so much money (a trust fund baby) he valued so little of his belongings, and was contemplating giving most of his stuff away instead of the hassle of moving it.

"Really? Why don't you want it??"

"Eh... I'll just buy a new stereo system when I get home. Plus I don't know what kind of setup I'll want."

"Wow, ok. I'll take the CD changer. Thanks!"

**** fast forward 30 years later ****

This week I was thinking about listening to some old Christmas CDs of mine. I have a fairly new Onkyo stereo receiver and some great surround speakers, but then realized I had no CD player. Then suddenly I remembered the Kenwood CD Changer that my old room mate gave me, and rushed down to the basement and started rooting through old boxes. And low and behold, there it was, buried in an old dusty box. It hadn't been touched since I packed it from college.

I gave it a good dusting and clean up, plugged it in, and wow...amazing sound coming from something that was top of the line in 1990. The remote still works and the whole unit looks brand new.

So here I am, listening to great Christmas music on something that my old roommate was just going to toss out 30 years ago. Mind blown.

[OutOfMemory]

Don't know about you, but my feelings are between sad and annoyed that a town has to change its name because it means something funny in another language. What the fugg!

That would have quite the same effect like changing the slang word "nigger" to "nicker"  
NulL.

edit: #noracist

Jupiter & Saturn conjunction on Dec 21 (would be visible as "Christmas star").
Last time it happened in 1226 AD or something like this.
Getting my scope ready.

Man, i had a scope until seven years ago. Sweet memories of cold winter nights full of stars...
Pre-christmas it was unusable, because the nearby neighbors lit their shitty LED decorated houses 24/7, but after new year, we had very good sight, i suspect a 7 or sometimes 8/10 darkness, within certain hours. Low light pollution.
I had to give it up, because of my astigmatism, slowly increasing, slightly foggy view and halos around light sources.

A good occasion for aliens to show up, probably, lol..with a wormhole in vicinity or general direction, a la "Interstellar".

Have you read "The Long Earth"? They could pop up through the "sides", too  

[DaRude]

https://www.jpost.com/omg/former-israeli-space-security-chief-says-aliens-exist-humanity-not-ready-651405

https://www.nbcnews.com/news/weird-news/former-israeli-space-security-chief-says-extraterrestrials-exist-trump-knows-n1250333

I have been contacted by a representative of the Galactic Federation and can confirm they will be buying our Bitcoin when the time is right.

Eshed insists that Trump is aware of them, and that he was "on the verge" of disclosing their existence. However, the Galactic Federation reportedly stopped him from doing so, saying they wished to prevent mass hysteria since they felt humanity needed to "evolve and reach a stage where we will... understand what space and spaceships are," Yediot Aharonot reported.

Ha and all this time people thought that Trump was controlled by Putin when in reality it was...


And they're some really dumb aliens too, thinking Trump can handle something that humanity cannot

[marcus_of_augustus]

fucking Galactic Federation commie mafioso, typical local punk warlords ... it's the Intergalactic Federation who can really kick ass ...

https://www.jpost.com/omg/former-israeli-space-security-chief-says-aliens-exist-humanity-not-ready-651405

https://www.nbcnews.com/news/weird-news/former-israeli-space-security-chief-says-extraterrestrials-exist-trump-knows-n1250333

I have been contacted by a representative of the Galactic Federation and can confirm they will be buying our Bitcoin when the time is right.

Eshed insists that Trump is aware of them, and that he was "on the verge" of disclosing their existence. However, the Galactic Federation reportedly stopped him from doing so, saying they wished to prevent mass hysteria since they felt humanity needed to "evolve and reach a stage where we will... understand what space and spaceships are," Yediot Aharonot reported.

Ha and all this time people thought that Trump was controlled by Putin when in reality it was...


And they're some really dumb aliens too, thinking Trump can handle something that humanity cannot