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1661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2018, 07:16:44 PM
So much delusion here. If bitcoin has another bull run it's going to be 2021.

Thank you for your thoughtful and well-supported argument.

This pattern seems reasonable to me, although I would hope 2021 would have higher prices than they predict. Next year sub $3k most likely. My prediction is based on the last halvings, not sure what those who expect the bull to pick up later this year are doing other than hoping.
https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd

So how does your "pattern" account for the two ATH pumps in 2013? We don't necessarily have to wait for another halving before we get another ATH.

Aside from an etf approval next month that everyone knows is not going to happen, what other trigger are you looking at?

Why answer my question with a question? How does your "pattern" account for the two ATH pumps in 2013?

There was a thread in off topic for answering a question with a question. It went on for over four years.
1662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2018, 06:57:53 PM
So much delusion here. If bitcoin has another bull run it's going to be 2021.

Thank you for your thoughtful and well-supported argument.

This pattern seems reasonable to me, although I would hope 2021 would have higher prices than they predict. Next year sub $3k most likely. My prediction is based on the last halvings, not sure what those who expect the bull to pick up later this year are doing other than hoping.
https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd

So how does your "pattern" account for the two ATH pumps in 2013? We don't necessarily have to wait for another halving before we get another ATH.
1663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 07, 2018, 04:36:51 PM
Tether bankrupt?

See you guys at 1k?  Sad

Wut??

I doubt it's bankrupt. Bitfinex and tether just switched from using Puerto Rico’s Noble Bank International to using the HSBC and ING banks.

It's Puerto Rico’s Noble Bank International that's searching for a buyer after losing Bitfinex and tether as clients.

The HSBC and Dutch ING banks are better banks to do business with.

That makes sense. IF Tether really had almost three billions liquid in bank accounts and then they are moved to a different bank... There's not much banks that could take a liquidity hit like that.... no fucking way.

P.S.: In fact... No, I don't believe any single entity has 3 billion USD in liquid deposits in a single bank. Maybe I am wrong... If so, could anyone please correct me with an example of that instance?

Wells Fargo must think 3 billion USD in liquid deposits is small change. The Fed stopped Wells expanding its deposits beyond $2tn without permission. It's having to reduce its $150bn pool of deposits from financial institutions and its $180bn portfolio of trading and short-term assets as a result.



https://www.ft.com/content/4cb3250c-0936-11e8-839d-41ca06376bf2



Quote
Wells Fargo is expected to turn away billions of dollars of deposits as the US bank grapples with the effects of an asset freeze imposed by the Federal Reserve after years of wrongdoing.


Quote
In the first punishment of its kind, the Fed has prevented Wells from expanding its overall balance sheet — the third biggest in the country — beyond $2tn without prior regulatory approval.


Quote
The bank said it was likely to scale back a $180bn portfolio of trading and short-term assets, and also reduce a $150bn pool of deposits from financial institutions.
1664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 07, 2018, 03:50:55 PM
Tether bankrupt?

See you guys at 1k?  Sad

Wut??

I doubt it's bankrupt. Bitfinex and tether just switched from using Puerto Rico’s Noble Bank International to using the HSBC and ING banks.

It's Puerto Rico’s Noble Bank International that's searching for a buyer after losing Bitfinex and tether as clients.

The HSBC and Dutch ING banks are better banks to do business with.
1665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 27, 2018, 09:21:32 PM
Just another Bart formation coming, nothing to see here.

We're getting higher highs and higher lows, so maybe this time's different.
1666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 27, 2018, 07:34:46 PM
for futures lovers


$BTC Quarterly Futures expiries coming up tomorrow (Sept 28):
 
- Okex futures at 8AM UTC
- Bitmex futures at 12PM UTC
- CME futures at 3PM UTC


https://twitter.com/AureliusBTC/status/1045385089948028928

What will that make the price do? Will it go up, down, or stay flat?
1667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 27, 2018, 05:58:24 PM
Would someone please chip in a few bucks for the cause and bring us over $6500, please? Thank you.

At $6500, we are ~13% off bottom (@$5775) and ~13% from crossing the daily 200 MA (@$7375).

Purgatory.



I'd rather look at the last higher low which is 7429$ on Bitfinex. We have crossed the 200 MA a few times already and it was pretty worthless.

Zooming out to the two year view on bitcoinity makes me feel better. We are over 10x above the $601 bearstamp two yearly low.
1668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 27, 2018, 02:20:56 PM
Looks like we're going down to $6450. Then back up to $6525. Then down to $6460. And up to $6515...and on and on...
What we're mostly concentrating on right now is: what happens once top meets bottom? Where do we break out to?

Perhaps we'll just go sideways for a few more months until everyone has given up posting here. Sometimes Bitcoin is more stable than fiat currencies.
1669  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Moolah Scam on Mintpal - Reporting Missing Coins on: September 27, 2018, 02:18:22 AM


Completely forgot about this thread, I didn't send that form off but have been in contact with police for the last year about the situation. I've been told the court hearing has been pushed back to a later date, is there much point completing that form and sending it off now? As the police have told me it's unlikely I'll get anything back, even though now they have evidence of my lost funds.

Give it a go. The worst that can happen is you waste the price of a stamp.

There might be some funds left according to page 5 of the latest liquidators progress report.

https://beta.companieshouse.gov.uk/company/09009856/filing-history/MzIwOTY5MjM1NmFkaXF6a2N4/document?format=pdf&download=0


I thought the trial had started on September 3, 2018 at Bristol Crown Court. This is the most recent information I could find about it.

https://www.bathchronicle.co.uk/news/bath-news/former-bath-resident-ryan-kennedy-465560


However pozmu says it's been postponed until at least April 2019.


There is also Telegram group named Mintpal (current members:16).
Newest information is that trial has been postponed and it will start no earlier than April 2019.

  
1670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2018, 09:51:55 PM
Who sold at the bottom?


I sold a little when it looked like it wasn't going to break $10k and then I cried all the way to $20k and back down..
I don't feel too bad about it now but I would like to buy it back..

I doubt many of expected it to break 10k, then quickly pump up to 20k. I thought it would briefly touch 10k then crash back down again. At least you didn't buy back at a higher price than you sold at. Sell high, buy back low.
1671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2018, 06:58:06 PM
All of this is still just noise. Wake me up if price goes below $6,00.

Fuck!
I’ll hang myself if it goes below 6 dollars Grin


Wtf i think there Will be Many hangings if that happens.......

Right now it would actually be amusing as all the hangings would be on Wall Street! Cheesy

Everyone here would just buy M0ar!

Something similar already happened in 2011 when gox got hacked, and Bitcoin crashed to one cent each. The price went back up afterwards and 2011 hodlers are now rich. If it goes below $6 I'll be simultaneously buying and crying.
1672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2018, 03:51:33 PM
CAUTION! Volatile days ahead:



Correct

We just dropped to USD 6200 in about 45 minutes.

Bearstamp's weekly low was $6162. We're still higher than the weekly low.
1673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2018, 03:17:27 PM
I just pulled the trigger and bought another $1000 from $6500.  Grin

It was a risky decision if you think for short term but since I am here till 2021 It doesn't matter much...


In the long run it doesn't matter much. People were trying to buy the bottom in 2015, but it didn't make much difference if you bought in at $150, or $200, or $250. By 2021 the price could be hundreds of thousands of dollars, and $6500 coins will be a distant memory.
1674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2018, 02:43:44 PM
It’s still nothing and could be part of building base for a jump upwards (see MACD cross on the Daily).

Last week we were in the $6100s. This week we dipped down to the $6300s. Zooming out shows it's going upwards.
1675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2018, 08:42:36 PM
So is this what the crypto winter felt like ?  Or still too cheerful?

A lot of people melted away, at times there was just Chart Buddy auto-posting for three or four posts, which meant no one had posted anything for hours.

With Gox and the slow grind down it was just dull, felt like an ATH was maybe never going to be seen again.  It wasn't despair, it was like watching a life support machine.  Early 2015 was probably the worst, when it went under $200.

I was under water then, so just bought a load more to cost average down and didn't log in as often.

You could catch up on a week's posts pretty easily, though.  The good old days, eh..?

Largely, I agree that currently we are not in a crypto winter.

Secondly, most of us (longer timers in this thread) should realize that a crypto winter is not a necessary precedent in order for the price to resume UP.     

Furthermore, it has also been a pretty depressing 9 months with our current bottom largely being reached in early February and bouncing up within 50% of that up to $10k and back down again in smaller ranges, several times.  Accordingly, we might be ready to resume up, at this time, right?

There were two pumps in 2013, and if a similar pattern emerges again we might get another pump soon. Perhaps we'll have to go sideways for a while before the pump sentiment begins.
1676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2018, 08:10:42 PM
This year my wife is on track to earn almost double what I earn - and I do pretty good.  Sounds like y’all need some highly educated, strong independent women.  It’s a lot easier to get where you want to go if you have two of you working together as a team.  

That makes you a dinky (dual income, no kids yet).
1677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2018, 06:59:37 PM
So is this what the crypto winter felt like ?  Or still too cheerful?

Sentiment was much worse IMO.

For many, it was their first crypto winter. For all of us, it was the longest, and perhaps most depressing.

There were some serious questions about the future of Bitcoin, especially following the death of Mt. Gox. Even Andreas Antonopoulos was beginning to have doubts about the future of Bitcoin.

Yeah 2014 sucked, really bad!
Now I see the price has fallen so much but I’m far more confident about the future of bitcoin than I was then.

There were more bears back then, and they were more confident the price couldn't rise. They were all acting like this one.

1678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 15, 2018, 11:29:40 PM
@LFC..... Liverpool  Grin ....... @myself enjoying hazard  Grin on fire as fuck
@WO’s cheers get drunk its weekend i Will have my part after the game
@shitcoiners ——> buy bitcoin


3 more points, 5 wins out of 5. Good times for LFC (Liverpool Smiley)

Just watching TV, hitting the blunt Grin

Let’s see a damn weekend pump, man!

Keep smoking dude!  $6500 and rising.



Lets hope the poll's > $7000 option is triggered by the end of Sunday.
1679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2018, 09:44:14 PM
^^ What's the point of peeing in that thing when the pee ends up on the floor anyways?

It's no different to a public toilet. They always have piss all over the floor anyway.
1680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2018, 09:38:21 PM
I would suggest maybe you need more public toilets in SF.    

Perhaps SF could adapt Paris's pissoirs to handle poop in addition to pee.



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