Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[riiiiising]

Bitcoin is the gift that keeps on giving. Coins cheaper, I keep buying. nom nom nom.

Thanks bears!

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[phoenix1]

justusranvier was right about the Isle of Man providing banking services to BTC exchanges

The Faster Payments service (basically instant UK bank transfer to the exchange) has just been halted on Coinfloor as a result of the Isle of Man news last night. UK Banks cockblocking ...
Sure, it's a tiny exchange, but it is not good for UK BTC business.

http://blog.coinfloor.co.uk/

Indeed.. however, Mr Osborne and others, are being asked, for clairty on the situation, i.e it is all very well and good that he wants London/UK to become a Bitcoin/cryptocurrency hub, however he needs to let the banks know as well.

 <snip>

(Edit: although I imagine that they are currently eyeballing Thursdays referendum and having a WTF moment in Westminster and Whitehall)

What Osborne says and what he does don't seem to have much of a correlation IMO. The gov does its best to protect the banks at every turn, with the occasional morsel thrown to the public for PR it seems. I would be very surprised if he was unaware of this latest move against BTC in The Isle of Man.

And yeh, lol, I imagine there are a few bricks being shat in Westminster ATM!! But I agree, likely 'NO' will prevail ... will be carnage for the £ if not, and set a very dangerous precedent for the whole Euro experiment
I imagine there are some very influential people pulling strings as hard as possible right now

[mmitech]

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one

The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.

Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ?

cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained ( lets see if he still hold the 6000+ BTC that he forgot to count once), and come back to me with the answer and I will make it more fun and interesting with few other facts.

[klee]

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one

The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.

Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ?

cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained, and come back to me with the answer and I will make it more fun and interesting with few other facts.

So what a fair price would be for you?

[inca]

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one

The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.

Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ?

cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained, and come back to me with the answer and I will make it more fun and interesting with few other facts.

So what a fair price would be for you?

Please don't quote it!

[phoenix1]

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one

The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.

Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ?

cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained, and come back to me with the answer and I will make it more fun and interesting with few other facts.

So what a fair price would be for you?

I've got $280-$300 pencilled in as a low in mid October. Don't know if its a 'fair' price, just think that's where we are headed ...

[mmitech]

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one

The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.

Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ?

cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained, and come back to me with the answer and I will make it more fun and interesting with few other facts.

So what a fair price would be for you?

it is not about me, look at the book order and try to ask your question again.... but if you insist, if it would be about me, the price would be at the moon or zero at this point 

[abercrombie]

I am pretty confident we are going in reverse of becoming the new wealthy elite, gentlemen. 

[klee]

My take is as Phoenix's - mmitech your answer proves that you are just trolling...

So bad cause you seem really smart guy and could be very useful with your feedback.

[mmitech]

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one

The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.

Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ?

cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained, and come back to me with the answer and I will make it more fun and interesting with few other facts.

So what a fair price would be for you?

Please don't quote it!

Dont quote it !!? maybe you meant him, or you really think I am an object?? and BTW this is the answer to your dilemma:

[empowering]

justusranvier was right about the Isle of Man providing banking services to BTC exchanges

The Faster Payments service (basically instant UK bank transfer to the exchange) has just been halted on Coinfloor as a result of the Isle of Man news last night. UK Banks cockblocking ...
Sure, it's a tiny exchange, but it is not good for UK BTC business.

http://blog.coinfloor.co.uk/

Indeed.. however, Mr Osborne and others, are being asked, for clairty on the situation, i.e it is all very well and good that he wants London/UK to become a Bitcoin/cryptocurrency hub, however he needs to let the banks know as well.

 <snip>

(Edit: although I imagine that they are currently eyeballing Thursdays referendum and having a WTF moment in Westminster and Whitehall)

What Osborne says and what he does don't seem to have much of a correlation IMO. The gov does its best to protect the banks at every turn, with the occasional morsel thrown to the public for PR it seems. I would be very surprised if he was unaware of this latest move against BTC in The Isle of Man.

And yeh, lol, I imagine there are a few bricks being shat in Westminster ATM!!

Agreed but that is why = find your local MP's here https://www.writetothem.com/   use your voice.

[mmitech]

My take is as Phoenix's - mmitech your answer proves that you are just trolling...

So bad cause you seem really smart guy and could be very useful with your feedback.

I've been trolling since May remember ? when I was telling you that the price is not going anywhere... was I wrong? am I trolling? let me guess... a hard question, I am going to pass it.

[Schickeria]

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one

The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.

Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ?

cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained, and come back to me with the answer and I will make it more fun and interesting with few other facts.

So what a fair price would be for you?

Please don't quote it!

But he's correct here. I really have no problem with bullish outlooks but sometimes it looks like people are not able to see the fact that meanwhile we are in a downtrend and it sounds absolutely delusional atm talking about a sustainable 450, where we are now 1 hour and it made a ridiculous bounce.

It seems to be impossible that "reasonable" people (not trolls) start to make reasonable comments, without delusion, conspiracies or starting a melodrama.

[NotLambchop]

...you ask your inspiration (risto, for readers who doesn't know)...

His followers think the world of him...

[ChartBuddy]

Explanation

[riiiiising]

...you ask your inspiration (risto, for readers who doesn't know)...

His followers think the world of him...

[img]shameless FUD[img]

Risto's trend line is at ~$2,500 now. There has never been a better time to buy bitcoin! This happens every cycle: everyone becomes convinced that bitcoin is finished, and then it rises again!

[phoenix1]

https://www.youtube.com/watch?v=5P-xYsr9aOw

Is that Risto?

For lulz again 

[mmitech]

...you ask your inspiration (risto, for readers who doesn't know)...

His followers think the world of him...

[img]shameless FUD[img]

Risto's trend line is at ~$2,500 now. There has never been a better time to buy bitcoin! This happens every cycle: everyone becomes convinced that bitcoin is finished, and then it rises again!

buy all the bitcoins now, wow $450 is for cheap, the price "should" be at $2500, sell your house, your car, your wife and kids and buy Bitcoin, because to THE MOON.


if anyone said the above, he wouldnt be considered as a troll, but because I speak common sense and use my brain cells I am a troll. well a troll is a common adjective in this sub forum, so be it I am a troll  

[BitChick]

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one

The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.

Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ?

cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained ( lets see if he still hold the 6000+ BTC that he forgot to count once), and come back to me with the answer and I will make it more fun and interesting with few other facts.

I said the price was sustained "at or above" $450.  Just trying to cover my bases there.  

BTC is way undervalued right now.  I am surprised we are under $500.  When we finally do begin the next rally I am fairly certain we won't see $500 ever again.  This is why people should see this opportunity and take advantage of it.  That is all.  Learn from the mistakes of some of us that did not expect the jump last year.  Most people were not expecting the rise to over $1000.  

I am not desperate BTW.  BTC would have to drop way lower for me to be in the red.  But patience during these down cycles is a very important virtue to have in this investment.  And yes, Risto was the one that helped me the most last year to have a little patience.  I might have panicked and sold off my investment at $100 in the Summer.  That would have been totally depressing!  

Edit:  For those of you that think I have a cult like obsession with Risto, even though I repsect him wildly,  I have not invested in Monero yet.  He is a big proponent of it.  I have not bought any alt coins yet.  Maybe I am foolish not to though?  He is generally right and he could certainly come back and say, "I told you so" on this.

[NotLambchop]

...you ask your inspiration (risto, for readers who doesn't know)...

His followers think the world of him...

[img]shameless FUD[img]

Risto's trend line is at ~$2,500 now. There has never been a better time to buy bitcoin! This happens every cycle: everyone becomes convinced that bitcoin is finished, and then it rises again!

Risto is unwell.  His stay at the sanatorium did little to alive his condition.  Risto is wealthy enough to survive outside of institution's walls, but those who take his advice...  I worry, riiiiising, I worry.