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1161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 08:37:58 AM
Ps Red Pulse ....Supposedly not getting snapped up next week by anyone from China or USA- lol if the pboc or the sec believe that- I have got a bridge for sale...

1162  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 08:33:50 AM
https://twitter.com/cnLedger/status/904612458777559040

PBoC bans ICO. From now on no organizations / persons in China are allowed to raise funds via ICOs.

Meh- this is the same as the many Bitcoin bans- they are going
to investigate 60 ICO platforms - regulate and then ICOs will be back on the table..

China just wants to get their hands around the space..

ICOs will be back - china has already started down the path..
The identity/Law chains and working with OnChain and more
Recently NEO- there has been too much done already for a 180.

They are just securing the ramps here imo.

What will emerge will be "sanctioned" ICOs done in a specific way

In other words China is about to go big ICOs imo

There is so much money being raised in China ATM

This is China bans Bitcoin all over again - and we all know how that turned out

1163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 03, 2017, 04:37:21 PM
btw is there any real possibility of both bitcoins going upwards? Like some kind of cooperation/competition without offenses flying over our heads.
Just asking, not a tech person
Maybe this hasn't to be bad at the end, for either "side"



Both Bitcoins?

There is one Bitcoin and one Altcon.

1164  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 07:08:32 PM
.....yes darling?

Sorry.. I thought my girlfriend was calling me

1165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 11:38:43 AM


$4800 incoming

We already crossed $4800 on Stamp?

so we did .. sorry . I forget Stamp is the wall price.. I am fixating on Finex atm ....got a lot going on there
1166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 11:33:05 AM
$4800 incoming
1167  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2017, 11:23:26 AM
Ok I've missed out on a lot of this increase. Just got back from hospital with our newborn baby boy. Shattered and on top of the world but also what makes it even better is a nice btc price!!

Now sleep.

Congratulations to the three of you!!

Good luck with the sleep... its a very difficult time to sleep..

(when BTC is knocking on new ATHs I mean  Grin)
1168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 05:38:17 PM
Has anyone had this issue with Bitfinex before? I was logged into my account had a load of margin positions set up when suddenly all the funds say 0 and message appears saying I have to fund my account. Recently the website was offline and there was an issue logging in which seemed to have been resolved.

BTW when I go to withdraw funds (BTC and BCH) then the amount I had not used in margin trades is showing up as available for withdrawal. I assume this is some kind of system error? Anyone else using Bitfinex right now?

 I logged back in  and saw my balances, plus noticed new added features  to the dashboard.

 Then it went glitch mode- looks as if websockets not connecting-showing zero info about any positions or balances.

Interface glitching the fuck out



Ok cheers mate well my balances are back although trading is still a little fucked. not loading etc, What new features have been added? I dont see any


On the interface where it says balances - extra icons (to change how the balances are displayed) ..... which was not there before.

Doing live updates....?   Angry







1169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 04:38:19 PM
Has anyone had this issue with Bitfinex before? I was logged into my account had a load of margin positions set up when suddenly all the funds say 0 and message appears saying I have to fund my account. Recently the website was offline and there was an issue logging in which seemed to have been resolved.

BTW when I go to withdraw funds (BTC and BCH) then the amount I had not used in margin trades is showing up as available for withdrawal. I assume this is some kind of system error? Anyone else using Bitfinex right now?

 I logged back in  and saw my balances, plus noticed new added features  to the dashboard.

 Then it went glitch mode- looks as if websockets not connecting-showing zero info about any positions or balances.

Interface glitching the fuck out

1170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 02:50:45 PM

Do i remember correctly that this GBTC thing was about 1/10th Bitcoin per Share or something? Meaning at the current price they sell 1Bitcoin für ~10.000USD? Cheesy

Exacto

0.09258535 BTC per share

Out of kilter

174,174 bitcoins held in fund, x $4723 =  $822623802 / 1,868,700 (shares outstanding) =  $440.21 per share

However

...the GBTC price is currently $1,050.00   which is just shy of 140% premium

Ba-dum-tish

https://grayscale.co/bitcoin-investment-trust/





There is writing on the wall here...

Two messages...

1) This fund is whacky AF - and it is out of kilter...   Shocked Shocked  (fishy fishy fishy)

2) BTC price should fall somewhere between  current price  ($4707) and current implied price via GBTC ($10,500)  so maybe $7000 ish is where the  market wants to be at.   (should why ? just because alright jezzus! leave me alone lol)

1171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 02:45:36 PM
BTC at yet another ATH. Yawn.

I wonder how much it's costing Roger to keep BitCH above $550.


I reckon this whole shabang is costing a group of people upwards of half a million a day - at least

Number pulled straight outta my ass.


(let alone lost future earnings on burned BTC)
1172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 02:40:38 PM

Do i remember correctly that this GBTC thing was about 1/10th Bitcoin per Share or something? Meaning at the current price they sell 1Bitcoin für ~10.000USD? Cheesy

Exacto

0.09258535 BTC per share

Out of kilter

174,174 bitcoins held in fund, x $4723 =  $822623802 / 1,868,700 (shares outstanding) =  $440.21 per share

However

...the GBTC price is currently $1,050.00   which is just shy of 140% premium

Ba-dum-tish

https://grayscale.co/bitcoin-investment-trust/



1173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 02:15:32 PM
...I wonder how market will react at $4800

1174  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 02:10:55 PM
https://finance.yahoo.com/quote/GBTC/community?p=GBTC

 Cheesy Cheesy
1175  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 12:40:57 PM
Total Cryptocurrency Market Cap: $170,494,886,346


Tick-tock

(blink)

(1 Trillion $)
1176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 11:59:22 AM
It's official bitcoin is the new gold

https://www.forbes.com/sites/panosmourdoukoutas/2017/08/30/bitcoin-is-the-new-gold/?c=0&s=trending#3b10431c1365

"Apparently, Bitcoin is more popular than gold among investors, as a hedge against rising global uncertainties.  Growing mistrust of national currencies, following dubious government policies, has pushed people into Bitcoin"


"apparently"  doesn't mean jack until BTC has a larger marketcap than gold- til then its just talk..

Lets get to 1% of the gold market first

1177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 11:57:58 AM
New ATH! Damn! I have still some BCH to sell.


Interesting to note that, this time, as BTC just made a new ATH, the altcoins in general did not suffer considerably. Is this the starting leg for a new monster altcoin rally?

It is always more of the same.

Suppose you've sold your bitcoins at $4000 in anticipation of "imminent and unavoidable" correction. And you wait and wait and wait.... But bitcoin tops $4500. What will you do when you lose patience and start panic for being fiat bagholder? Buying at $4500 is a disaster and unacceptable from psychological point of view. People don't like to confess they've made a mistake. So, they throw all their fiat at the altcoins and hope that the altcoin they've chosen will catch up with bitcoin appreciation. That is all. It is really simple. People prefer to own 5 units of something than 0.000045 units of something else even if the latter is something more stable and more valuable.



Hmmm... that is one type  of alt investor.

There are others... some people never sell their BTC  and throw fresh fiat at alts

Or day trade for profits using BTC or whatever is hot and throw that at alts.

Some will be throwing $  at BTC and alts - the market is growing,and  arguably maturing, some of the chaff has been cut -  or at least this is the perception.. alts that service niches and that are maturing on their  roadmaps - that have somewhat proven themselves- are now more of a thing than before.  I think we  will see "large-cap" and "small-cap"coins be a thing

Of course...many speculators in alts are trying to earn more BTC ultimately.


I am expecting 1 trillion overall marketcap  within 1-1.5 years...  and making that up will be many of the current top 10+top 20 and no  doubt some new comers...


It is going to be interesting to see the coins and the communities and the businesses within the ecosystems - mature and deploy marketing and start REALLY getting footholds in legacy markets...

Rising tides.

1178  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 11:11:50 AM
Six of the world’s biggest banks have joined a project to create a new form of digital cash that they hope to launch next year for clearing and settling financial transactions over blockchain, the technology underpinning bitcoin.



https://www.ft.com/content/20c10d58-8d9c-11e7-a352-e46f43c5825d


Such innovation!

Such wow!
1179  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 10:49:53 AM
New ATH! Damn! I have still some BCH to sell.


Interesting to note that, this time, as BTC just made a new ATH, the altcoins in general did not suffer considerably. Is this the starting leg for a new monster altcoin rally?

Very possible -  especially the top 20 (I wonder if the top 10- and top 20 and the rest of the market will separate)


(pps I expect more indexes to pop up like http://www.bittwenty.com/ (and others)  and more fund managers to allocate funds to them)
1180  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2017, 10:40:40 AM
Hype cycle in full effect...

Bitcoin Is The New 'Gold'  (Peter Schiff and R0ach spinning in their graves)
https://www.forbes.com/sites/panosmourdoukoutas/2017/08/30/bitcoin-is-the-new-gold/#52c2d52c3b36

https://www.forbes.com/sites/naeemaslam/2017/08/29/is-it-time-to-own-gold-or-bitcoin/#36c5374d7f5d

https://www.forbes.com/sites/kenrapoza/2017/08/30/moscow-stock-exchange-opens-to-crypto-currency-trade/#62b6ba5726d1

(^^ Apparently forbes wants to write about BTC everyday -sometimes twice a day! )

Hype Tsunami...

That is just Forbes and from a few days.... search Google for Bitcoin forbes and its ....relentless... andthat is just them...the MSM attention is relentless..

Also - the Russians fakeout "we are considering clamping down on cryptos and banning them"  FAKEOUT ! we will create worlds  first Crypto stock market !! Stick  that in your never ending ETF pipe and smoke  it !! slow coaches!! you snooze you lose !!


 Grin

 

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