Time for an update bump ... now within ~$25 of grabbing the golden ring   (we may have even kissed it sometime this morning when BTC spiked and XAU dumped)

gawd, is it ever bearish around here ... just a little euphoria maybe, everyone seems a bit bored with ATH these days, ho-hum.

https://www.reddit.com/r/Bitcoin/comments/5whv3s/new_prospectus_for_the_coin_etf_filed_with_the_sec/

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001579346&owner=exclude&count=40&hidefilings=0

Looks like the Winklevi ETF prospectus has been amended, yet again. This doesn't sound positive to me for ETF approval if they are still making changes this late in the game ... sounds like SEC is giving them the run around, trying every trick in the book to justify turning it down and they are running around trying (in vain) to 'fix' the unfixable. Lawyers playing lawyers and officials playing officials, all the usual NYC shite.

... after the sim-robot-avatar wars you will all realise that the hordes entered "The Matrix" by choice, to escape the horrors of what they had done and what they were capable of .... 

"The Matrix: Preloaded" prequel has it all in there ... it's horrific apocalypse like you wouldn't imagine.

... typical sellout hardforker, you'd probably sell your grandmother for the price of a streetcorner blowjob?

/troll

But isn't that what asset valuations fundamentally are ... ?

If more people are prepared to hold onto an asset for higher prices they are implicitly placing more valuation in the coins/asset they are holding ... it is exactly the same thing as "pouring" $8 billion of value into that asset. Or else they would have sold .... and it is arbitrary that use USD (which is a devaluing asset) to measure the value of what is being "poured" into BTC anyway.

that was some serious stilleto action on the bounce back ... we haven't had that kind of spirit around here since the previous big bull run adoption waves ... this is seriously "in play"

3 rows ... not bad.

This is one of the things I get out of bed to see .... finex blowing up like a cheap condom

Cool. But I think it will go bananas in March ... maybe after the dump from March bananas it will be apeshit in April for the Japs?

Yeah, that was my first thought like the slots but with the top line (ATH) being the win line. So today was 2 REDS on line 1 (pays out XX). 3 REDS on
 line 1 pays out YY, 4 REDS on line 1 pays ZZ ... and 5 REDS across the top JACKPOT!!!.

Thinking about it though it would be cool if somehow there were 5 REDS on any line, like line 5 or 6 for example look interesting, that would have bigger odds I think? Or 2 REDS on any line kind of bet ... you could really go to town with it I imagine.

bump.

$100 diff between gold oz. and 1 btc.

Looks like it might really happen, this month or next maybe.

69. Burma ($18.3 bill)

Now we have this five column omnibus Top 20 days for Bitcoin data barrage we can play Jackpot ... whenever we get 5 reds ATH across the top 

That maybe true ... but I think Ethereum has still not had the true capitulation carthartic moment where it goes back <$3 and everyone is saying "Ethereum is total shit" and "doomed to failure", etc, etc (you know all the things they were saying about bitcoin at $156  ) before it can rise again.

Until it works out the excesses of its artificially inflated valuation it will be moribund and stagnating in price. It's very much the same as the stock markets that haven't had a proper crash since 2008 but were propped up by the governments, bankers and insiders, any growth is lethargic and artificial.

The GOX price was in GOXbux that were not trading at par with the USD so any rational analysis of ATH in GOX prices needs to take that into account. The OTC market in GOXbux got more and more active around the time of the ATH and eventual bankruptcy/blow-up. People were even trading whole GOX accounts for months before that also. Up to 9 months before the ATH GOX fiat withdrawls were having 'problems', i.e. slow, so when the pyramid scheme finally exhausted greater fools there were no USD to be had for withdrawl at all, only GOXbux. How to price a USD ATH in those circumstances is really just a fool's errand.

I think all these different ATH numbers are great because it shows what lemmings all the traders are ... they are lost without some psychological number to pin their charts (and bets) upon. The diffuse ATH situation is leaving a clear run (bumpy not spiky) to >$1200 now methinks.

Supply and demand ... I'm not sure if ETF speculation has much to do with it at all, there seems to be exponential growth in multiple regions simultaneously, Japan, China, USA, Europe, India, maybe it's just time. Bitcoin has rekt lotsa wouldbe traders before, I'm sure it will do it again, it is unlike any market seen before, that is for sure.

Still targetting $1600-1800 by end of March to keep the exponential adoption growth wave bull run (beginning around $225 low) intact.

uh-oh ... shorts getting desperate, this could get a bit silly ....     

Bad things happening for all those shorts ...   

Guaranteed ... they always do.

Seems like a lotta people 'waiting for a pullback' will get left behind hodling fiat bags now this next run is tip-toeing along the threshold keeping them all a-guessing.

Saddle up, time to ride.