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

[El duderino_]

2.5 years ago I published "Why I’m short Ethereum (and long Bitcoin)". Interesting to look back, I still stand behind the majority of arguments.

https://twitter.com/TuurDemeester/status/1151187195518234624

[JSRAW]

With the way things are moving, its anyones guess on which route bitcoin might take and depending on what stimulates the market I foresee BTC taking any one of these routes.

Oh boy...  woodie +1

You basically covered all the TA, future predictions and every possibility of price with only one chart. Bravo legend next time toxic, wwzsocki or hairy post some chart then post this chart right next to them,  just for fun

[El duderino_]

"Everyone else decided to cut their counterparty risk with @DeutscheBank with €45 trillion in derivatives, clients, mostly hedge funds, have started a "bank run" which has culminated with about $1B/day being pulled"

About to get Goxxed!!



https://twitter.com/TraceMayer/status/1151152740678004736

Get out your money, BUY BTC

[realr0ach]

I am sharing here an horror story, hopefully can be useful to someone.
The Most Expensive Lesson Of My Life: Details of SIM port hack

I lost north of $100,000 last Wednesday. It evaporated over a 24-hour time span in a “SIM port attack” that drained my Coinbase account. It has been four days since the incident and I’m gutted. I have zero appetite; my sleep is restless; I am awash in feelings of anxiety, remorse, and embarrassment.
This was the single most expensive lesson of my life and I want to share my experience + lessons learned with as many people as possible. My goal is to increase awareness about these types of attacks and to motivate you to increase the security of your online identity.

The lesson is:

1)  All code is garbage
2)  Digital Rube Goldberg machines based on arbitrary garbage code are not money
3)  Real money requires a hell of a lot more effort to steal since money is required to be a physical commodity

[realr0ach]

Kikes are now claiming they'll force a digital only, cashless society slavery system by 2025 with microchips in your hand.  Jokes on them.  I'd be surprised if the kikes aren't eradicated from the planet by then.  Talk about counting your chickens before they're hatched.

https://www.zerohedge.com/news/2019-07-15/how-you-will-pay-things-2025

[makrospex]

There's still hope for sim-port-attack victims.
Read the article, most important the last paragraph.

https://www.zdnet.com/article/wave-of-sim-swapping-attacks-hit-us-cryptocurrency-users/

[HairyMaclairy]

There's still hope for sim-port-attack victims.
Read the article, most important the last paragraph.

https://www.zdnet.com/article/wave-of-sim-swapping-attacks-hit-us-cryptocurrency-users/

What dumb fuck still uses SMS 2FA?

[El duderino_]

There's still hope for sim-port-attack victims.
Read the article, most important the last paragraph.

https://www.zdnet.com/article/wave-of-sim-swapping-attacks-hit-us-cryptocurrency-users/

What dumb fuck still uses SMS 2FA?

More important what dumb f*** still don't own BTC

Guess what, the world is full of them

[makrospex]

There's still hope for sim-port-attack victims.
Read the article, most important the last paragraph.

https://www.zdnet.com/article/wave-of-sim-swapping-attacks-hit-us-cryptocurrency-users/

What dumb fuck still uses SMS 2FA?

IDK, but even 3rd party open source authentication software like GA isn't 100% safe.
Recently i reactivated an old coinbase account and switched from SMS2FA to GA2FA, but in the long run, i'll switch to a hardware-key based solution.
Maybe my ledger nano can be of some use there, but i don't like to rely on a single device for all crypto-related key storage.

[Negotiation]

"Everyone else decided to cut their counterparty risk with @DeutscheBank with €45 trillion in derivatives, clients, mostly hedge funds, have started a "bank run" which has culminated with about $1B/day being pulled"

About to get Goxxed!!



https://twitter.com/TraceMayer/status/1151152740678004736

Get out your money, BUY BTC

Image source:  https://cointelegraph.com/news/bitcoin-price-below-95k-could-spark-80-parabolic-advance-correction

Bull comming 

[NeuroticFish]

More important what dumb f*** still don't own BTC

Guess what, the world is full of them

A special category is made of the ones that believe they own BTC, but all they have is an account in a web application.
Of the two categories, I don't even know who to feel sorry for  

[makrospex]

More important what dumb f*** still don't own BTC

Guess what, the world is full of them

A special category is made of the ones that believe they own BTC, but all they have is an account in a web application.
Of the two categories, I don't even know who to feel sorry for  

Up next: People that believe to own Bitcoin, but then it's only Libra and they are waiting for it to pump like the real McCoin

[Wilhelm]

I am sharing here an horror story, hopefully can be useful to someone.
The Most Expensive Lesson Of My Life: Details of SIM port hack

I lost north of $100,000 last Wednesday. It evaporated over a 24-hour time span in a “SIM port attack” that drained my Coinbase account. It has been four days since the incident and I’m gutted. I have zero appetite; my sleep is restless; I am awash in feelings of anxiety, remorse, and embarrassment.
This was the single most expensive lesson of my life and I want to share my experience + lessons learned with as many people as possible. My goal is to increase awareness about these types of attacks and to motivate you to increase the security of your online identity.

The lesson is:

1)  All code is garbage
2)  Digital Rube Goldberg machines based on arbitrary garbage code are not money
3)  Real money requires a hell of a lot more effort to steal since money is required to be a physical commodity

Those lessons suck ass. You hate crypto we get it however Bitcoin is no garbage code.
Real money is just an IOU on paper with no backing by gold so it is a LIE. Crypto can exist as physical commodity to in the form of a paper wallet.

If you want to bitch about Bitcoin bitch about the fact that it is financial anarchy and kind of like the Wild Wild West.

fillippone I feel your pain  . Lucky for me I've not lost that much and have made good for the previous losses. Hope the losses were minor based on the money you invested.
I lost some with an exchange crash or two. Bought some shitcoins in a pump and dump group and figured out I got screwed over. Got divorced, Etc.
I think most crypto veterans have had there portion of rough water to swim through.

The problem with crypto is that you have no way of getting your money back and security must be paramount. People try to optimize profit and do it without any form of risk management/mitigation.
I have a great portion of my BTC in a cold wallet (as physical as you can get it). I know I am missing out on a lot of gains however I am more sure I won't get screwed over like you did.
A small portion on an online wallet to play with.

This is why you should see Bitcoin as a pile of cash or gold that is easily usable internationally and not as a replacement for the economy unless you want anarchy.

I wish you some good gains in the future!

[LFC_Bitcoin]

Watching your net worth slip downwards isn’t much fun, is it?

Going to get hold of some fiat to buy again tomorrow, I guess you have to find a positive in shitty situations.

[fillippone]

I find it quite irritating that today, in the 50th anniversary of the launch of the Apollo 11 toward the first moon landing, one of the greatest achievements of human history, BTC isn’t following moving south instead.

It would be spectacular if on July 20th, on anniversary of the Moon landing, Bitcoin, another achievement  granting for the first time in human history financial sovereignty to individuals, would celebrate with an ATHAYH!
Come on bitcoin! You can do that!


Picture: Neil Armstrong's Family observing Apollo 11 leaving Cape Canaveral Launch Complex 39A

[vroom]

perhaps we should pay these 50 bitcoin and move on

[JSRAW]

SEC Begins Green-Lighting Token Offerings

The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in U.S. history that a crypto token offering has received SEC qualification,” one of the two qualified issuers proclaims.

Project mentioned

1. Blockstock : Don't remember this one
2. Props : I remember investing  $1200 in this project ( No judgy looks  )  and waited more than 1 year to receive the tokens lol

[Phil_S]

Look what I found:

https://asktom.cf/index.php?topic=178336.msg51538606#msg51538606

[B1tUnl0ck3r]

0

[UnDerDoG81]

Just checked my coins and see, I lost 0.5 BTC in August 2016 due to trying my skills in daytrading. Was worth about $280 that time. Now it's about $4500 and three weeks ago about $6500. That was the first and last trading I ever did