That’s a higher high   Lol, there's no time to comment on a price, before you finish you have another one higher. THX, BTC !!! I snapshotted $7470 and had to immediately snap shot $7500 three seconds later.... |
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Ah yes. Green shoots.  |
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Do time and day of this bull run tell us anything about the most likely immediate cause?
It looks like the price has been drifting up slowing until it hit 6k, which then moved into a feedback loop of short position liquidation and day trader FOMO. At some point all the short sellers will be dead and then the FOMO will flip. Without paying a lot of attention, to me it seems the price drifts and then rallies strongly before the candle closes which is consistent with US evening trading. Combined with Coinbase price leadership, makes me think this is a US retail led rally. Genuine organic demand. |
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Institutions prefer to buy direct from miners due to anti-money laundering / tainted coins concerns. A 10% premium for freshly minted coins is apparently not uncommon.
That limits the amount of coins available for sale to institutions
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7300$  Any predictions where the price will stop growing?  Investors will fall to the FOMO soon. No one knows. Peter Brandt doesn’t.  |
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But why would they go and buy from an exchange?
Something is cooking, for sure... but donno what.
Instant and guaranteed coins 24/7? OTC won't exactly spring into action at midnight on a Saturday. They're all out ruining their septums. Yes but.... I would think institutional investors would go directly to the big hodlers (10.000-100.000BTC) to buy directly from them.... Not go and buy from exchanges in the middle of a fucking weekend to crazily pump the price. Maybe the big holders don’t want to sell |
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Oh lord  |
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Despite your protestations, you have utterly failed -- in any manner whatsoever -- to describe any core plan for dealing with the negative effects of full blocks.
You are not the boss of me. True. You're gonna do what you're gonna do. And you're not gonna do what you're not gonna do. One of those items on the latter list would appear to be to provide a description of the core plan for dealing with the negative effects of full blocks. For you have yet to do so, despite your repeated false statements that you already have. . For low security transactions: https://blockstream.com/2019/05/08/en-liquid-new-members-and-integrations/Ah yes. The Core plan is to pay Blockstream for the privilege of using Blockstream's proprietary, permissioned so-called 'sidechain' (and falsely labeled as such, I might add) - a consequence mandated by Blockstream's crippling of the underlying public permissionless blockchain. If Blockstream doesn't kick you off Blockstream's said proprietary permissioned so-called 'sidechain'. That's what you're going with? There will be a world of competing second layer solutions, Lightning and Liquid will be among them The bar to entry is low so just about anyone will be able to spin up a competing second level solution. Network effects, as always, will remain valuable. Perhaps the Visa network will build its own version of Liquid. |
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6770... Man I'm going to start touching myself here.....
Are there any shorts left alive at this point?
calibrate your datum of record to bitstamp please Hm. I have been using Coinbase, it's pretty reasonable and not Finex (which for some reason is back in line this morning). Everyone loves stamp? Sorry man. We need to all speak the same language otherwise people get confused. Coinbase led for much of the 2017 rally so it was not aligned with Bitstamp. We were calling Bitstamp, Bearstamp. Bitstamp is the chosen price on the Wall because it is the oldest and most reliable exchange. It also doesn’t have leveraged trading and various other fuckery common in other exchanges. Here is a chart showing the spread between Coinbase and Bitstamp during the peak of the 2017 rally. As you can see Coinbase / Gdax was trading up to 6.5% higher than Bitstamp.  Here is a 15 minute chart from today. You can see that Coinbase was up to 0.5% higher than Bitstamp, which translates to $34 at these levels.  |
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The 2015 fractal is calling for a pull back to $5200, then a new high of $7600. Watching with curiosity how this plays out. PSA: never short a bull market. It doesn't pay.  |
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------ This number is cat approved.  OMG. Nice. Never would have noticed if you had not pointed it out. |
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28k sats and all is well...  |
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Where can I trade this currency?
Using a open source protocol developed by the GAINZ CORP you can send WOsMerit's in near real time to any active, inactive, afk, lurking or otherwise just not generally paying attention Wall member. If you have the actual bad taste to award WOsMerit's to those not serving at the Wall it is as always, zero fees. #NoResearchRequired *iOS and Android support coming soon+1 WOs Merit Sent from my Blackberry |
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Going to eat cat food if it blast through $7k+ resistance.
I'd recommend that you eat cat food either way.  Please livestream on the Wall |
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Despite your protestations, you have utterly failed -- in any manner whatsoever -- to describe any core plan for dealing with the negative effects of full blocks.
You are not the boss of me. True. You're gonna do what you're gonna do. And you're not gonna do what you're not gonna do. One of those items on the latter list would appear to be to provide a description of the core plan for dealing with the negative effects of full blocks. For you have yet to do so, despite your repeated false statements that you already have. . For low security transactions: https://blockstream.com/2019/05/08/en-liquid-new-members-and-integrations/For high security transactions, the fee market will take care of that |
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Fuck me 500 coin wall on BFX being eaten by machine gun
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Huh stamp is trading above Finex now, wtf is up with those tethers
That’s Mr Bull Stamp to you sir  |
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Apparently we have decided to revisit $6750.
The short squeeze is strong with this one.
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That's what a $60 one minute candle looks like (below $6750).  |
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