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10521  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2017, 05:36:53 PM

Are you sure the image is legit?

Why would they buy so many bitcoins in an obscure Swedish exchange and using their real brand?

It's the only Bitcoin ETN and that's the only place to buy it.

But it's probably executing client orders, not their own.
10522  Bitcoin / Press / Re: [2017-09-16] Julian Assange Supports Bitcoin As Ways to Free Catalonia From Spai on: September 16, 2017, 03:36:15 PM
I think it's around 50 years too early for any regional or national government to protect themselves with BTC. I don't think it's too clever to bet the wages of hundreds of thousands of public sector workers on a few manipulators on piece of shit exchanges.
10523  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2017, 03:32:42 PM
That's the news indeed. I'll wager an ETF is due soon on the other side of the Atlantic, too. The official reason for SEC changing their mind will probably be "now we have futures and options, so there is a proper way to stabilize reserve and clearings".

All they're doing is probably buying on behalf of clients through their regular platforms. They may not like it, but they do like the fees and it's a legit option on a legit market. 
10524  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 15, 2017, 07:53:36 PM
lol USD 700 dollar higher than CNY. One of these will see a big correction. Question is which one.

One market is alive. The other is soon to be dead. I'll assume the living market is the relevant one.
10525  Economy / Speculation / Re: You owe me an apology, I was right once again (China closing exchanges) on: September 15, 2017, 03:43:32 PM
Can you apologise to me for using up my valuable bandwidth with your watery pop shots of FUD and brain injury level of psyops?

Once you've done that then others may seek your forgiveness.
10526  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 15, 2017, 11:05:15 AM
Painful like a BJ from an enthusiastic Chinese lass? - bit teethy and very sloppy?  what happens at the end of (a good sloppy) BJ?

Chinese mouths are too small for that type of thing. I know to my cost.
10527  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 15, 2017, 10:22:06 AM
What will happen to the big Mining Farms? How are they supposed to sell in the future. Will the Chinese Authority´s also go after them? Huh

They'll have OTC deals in place and if not OTC markets will continue to operate.

It's a shame. The death of Chinese mining would be far more beneficial than the death of Chinese markets, though that's pretty good stuff too.
10528  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 15, 2017, 12:19:58 AM
Actually people are already aware of that, and most have already sold out their coins who were afraid of it. All know that same statement is going to come out from Okcoin and Huobi.

Now the real bitcoin believers are left, and they won't be selling. Next 24 hours are going to be very very interesting though.

So far people sold the rumour and sold the news. I don't think that's going to change in the short term.
10529  Economy / Speculation / Re: At what price do we say enough is enough for bitcoin? on: September 15, 2017, 12:14:41 AM
Buy high, sell low?

I have analysed this strategy and concluded that money will be lost. This is not the preferred aim.

It took over three years for people who bought in late 2013 to be in the green. I doubt it'll take that long this time but anyone who bought in recently should be prepared for a wait. No direction continues unbroken forever, that includes down as well as up.
10530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 15, 2017, 12:11:31 AM
New day according to Greenwich Mean Time... mark my words, we'll not be in red candle in "last 24 hours" after the next 24 hours! Grin

Current bitcoin price: $3200

We'll see more than this after exactly 24 hours.

Within the next 24 hours it's more than likely that Okcoin and Huobi will be toast too. I don't think a bounce will be forthcoming during that.
10531  Bitcoin / Bitcoin Discussion / Re: I told my grandma to put all her lifesavings in Bitcoin because you guys said on: September 14, 2017, 06:25:02 PM
You were extremely stupid to believe anything written here. You were extremely stupid to suggest it to her. She was even more stupid to follow through on it.

That's if any of it actually happened of course.
10532  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC is dead. The plan is a shift to Bitcoin Cash. on: September 14, 2017, 05:31:34 PM
Wow. Can't wait.
10533  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2017, 02:30:06 PM
I am now conflicted, I really don't want BCC which I dislike to have A marketcap lower than that of cripple which I hate.

Is it sneaking into your bed at night and putting its fingers in your knickers? If not then you may as well let it do its thing.
10534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2017, 02:28:10 PM

https://twitter.com/cnLedger/status/908299020807790594
10535  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2017, 11:49:43 AM
I wouldn't be surprised. I wouldn't even be surprised to buy in at $200 once more.

This run seems to be over. The latest China news are the final shot. Back to Bearmarket...and let's hope we don't have to wait again 3 years for the next run Smiley

Death is now walking with you. Accept it and put your affairs in order.

I wonder why the PBOC prick teased their people. They could've done an orderly shutdown instead of reopening them earlier this year.
10536  Economy / Speculation / Re: Segwit2x upgrade on: September 14, 2017, 11:31:47 AM
If there is no hard fork and segwit2x is adopted smoothly, it will help bitcoin immensely, especially as most transactions still happen without using segwit, so that 2mg is needed.

If there is a hard fork, yes, it will weaken bitcoin quite a bit.

It's a hard fork. That's how it was designed from minute one. It can't be adopted smoothly unless every single node abandons Core and follows this. That's impossible.
10537  Economy / Speculation / Re: Segwit2x upgrade on: September 14, 2017, 11:26:37 AM
Can you elaborate?

If it happens it makes a chain split inevitable. Many, many people are not going to follow software not put out by Core which is what 2X is forcing. That'll devalue both chains and put the smaller one in danger of losing massive mining power.
10538  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2017, 11:22:48 AM

Finally. I have seen others mentioning OKcoin and Huobi will stay open. I wonder what the deal is with that or whether it's just more bilge.
10539  Economy / Trading Discussion / Re: Arbitrage on: September 14, 2017, 10:37:55 AM
If there's a huge disparity between exchanges it's either closed rapidly, as in seconds or minutes, by people who can arbitrage, or there's some type of problem that means it's impossible to successfully arbitrage.

That could mean a wallet closure, volume so low that any significant buys or sells would distort the price even more, restriction to a certain country or other stuff.

Everyone likes free money. No one leaves it on the table. If it's staying on the table then there's a clear reason for it.
10540  Bitcoin / Project Development / Re: I am Planning to make my own Exchange on: September 14, 2017, 10:31:33 AM
What about making an exchange just for my coin?
I made my own coin, and I would like to make a crypto exchange, but just for my coin to be traded with btc, eth and ltc

If you search for altcoin exchange script, or altcoin exchange software on google or github you might get a few results that are ready to roll. Whatever software turns up may still need a bit of work to fine tune though but you could at least experiment. Make sure it's open source.
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