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

[dreamspark]

Exchanges show such a small part of the market. How many coins are traded back and forth on them compared to how many coins are held of exchanges. Once the price rises significantly and those coins are held by traders rather than traded all the time, liquidity dries up fast. Saying that I think we are a year or two away from another ATH.

[Fakhoury]

Just trying to figure out what I'm going to do with my millions

Through them to your bank, and live from the yearly profit = early retirment  

[gentlemand]

Can anyone tell me what it is in this final release of BitLicense that has changed so dramatically from the version that was vociferously objected to a few weeks ago? According to that speech 'not much'.

BURN THE HERETIC.

I can't remember. I think people are just pleased that something's here, it's not outrageously offensive and people who were holding back can now look forward.

No doubt it's going to screw a few people but perhaps reassure more.

[Fakhoury]

Exchanges show such a small part of the market. How many coins are traded back and forth on them compared to how many coins are held of exchanges. Once the price rises significantly and those coins are held by traders rather than traded all the time, liquidity dries up fast. Saying that I think we are a year or two away from another ATH.

If you don't mind, what is "ATH" ?

Thank you 

[spud21]

bitlicense is BIG, this is not some random pseudo mickey mouse news. bitcoin is taken serious by the fucking goverment. can't wait until it hits the mainstream media.

Those of us who have HODL'd & bought whilst the price has been low for so long will have a good laugh at all the bears drowning in debt as the price rises.
Your time is over bears, submit to the rise of bitcoin, mainstream adoption is just around the corner.
COIN ETF & Gemini Exchange next then moon.

Bro, if you don't mind, what is "Coin ETF" ?

Thanks 

An ETF is an exchange-traded fund, and the Coin ETF is a Bitcoin exchange-traded fund that the Winklevoss twins are trying to set up. I's a fund intended to hold Bitcoins which it represents as shares. You buy and sell the shares which are backed by Bitcoins.

An ETF removes the risks of holding Bitcoins for big traders and is insured.

The Winklevoss twins have been trying to get regulatory approval for over a year. They have applied to a government body called the SEC, and will probably also apply for a bitLicense.

[phoenix1]

Can anyone tell me what it is in this final release of BitLicense that has changed so dramatically from the version that was vociferously objected to a few weeks ago? According to that speech 'not much'.

BURN THE HERETIC.

I can't remember. I think people are just pleased that something's here, it's not outrageously offensive and people who were holding back can now look forward.

No doubt it's going to screw a few people but perhaps reassure more.

 
I can feel the flames from here !

Something was always gonna be here tho and we knew almost exactly what it was (tho we can't remember, but we remember there was something we were not happy with about it ), so what changes now ?

Aaaah, I get it, we pump the price a few $'s now while the real swingers work out what, if anything, has really changed. OK !
RALLY!! CCMF!! MOOOOOOOOOOOOOOOOOOON!!

Can I have a bucket of cold water now please ?

[lyth0s]

bitlicense is BIG, this is not some random pseudo mickey mouse news. bitcoin is taken serious by the fucking goverment. can't wait until it hits the mainstream media.

Yep.  More good news.  Like Mr. Buffett says, panic when others are hopeful.  Wise words.

LFC_Bitcoin, how much money have you lost on Bitcoin, up to and including today? You're not doing anything crazy like actually buying right now, are you?

If you don't mind, could you elaborate more Mr. Buffett's word as I didn't get it.

Thanks.

I'm not sure if your trolling, but I'll play nice today.


Mr. Buffett basically says to buy "low" when everyone has panic sold or is panic sellling (also called "blood in the streets") and to sell when everyone is buying (near end of a hype cycle).

If you apply this to bitcoin, this is an amazing time to buy, whereas you would have wanted to be selling in the last $900-$1200 area.

[phoenix1]

Mr. Buffett basically says to buy "low" when everyone has panic sold or is panic sellling (also called "blood in the streets") and to sell when everyone is buying (near end of a hype cycle).

Hmmm ... we moved $1 on BitLicense  ... is this the top of the hype cycle or we need to wait another 50c ?

[spud21]

Mr. Buffett basically says to buy "low" when everyone has panic sold or is panic sellling (also called "blood in the streets") and to sell when everyone is buying (near end of a hype cycle).

Hmmm ... we moved $1 on BitLicense  ... is this the top of the hype cycle or we need to wait another 50c ?

It peaked at 227, this is the panic selling phase and you should be buying like crazy at 226.6. Wait until the next peak at 227 to dump, but you'll have to be patient because it will probably take another week. 

[ChartBuddy]

Coin
Explanation

[aztecminer]

Mr. Buffett basically says to buy "low" when everyone has panic sold or is panic sellling (also called "blood in the streets") and to sell when everyone is buying (near end of a hype cycle).

Hmmm ... we moved $1 on BitLicense  ... is this the top of the hype cycle or we need to wait another 50c ?

It peaked at 227, this is the panic selling phase and you should be buying like crazy at 226.6. Wait until the next peak at 227 to dump, but you'll have to be patient because it will probably take another week. 

until the summer chinese panic happens.

[gentlemand]

until the summer chinese panic happens.

Is this an annual thing like Gnu migration?

[phoenix1]

Mr. Buffett basically says to buy "low" when everyone has panic sold or is panic sellling (also called "blood in the streets") and to sell when everyone is buying (near end of a hype cycle).

Hmmm ... we moved $1 on BitLicense  ... is this the top of the hype cycle or we need to wait another 50c ?

It peaked at 227, this is the panic selling phase and you should be buying like crazy at 226.6. Wait until the next peak at 227 to dump, but you'll have to be patient because it will probably take another week.  

until the summer chinese panic happens.

Spwing woll price corrapse?

Time 4 DUCK !!!

[aztecminer]

until the summer chinese panic happens.

Is this an annual thing like Gnu migration?

i just think the chinese are prone to panic and therefore we might have another chinese panic happen.

[gentlemand]

i just think the chinese are prone to panic and therefore we might have another chinese panic happen.

I think many a Chinese trader has migrated to their stock market bubble. And no shortage of people still on their exchanges are white devils anyway. We shall see.

[dakota neat]

who care about the price on a fucking chinese exchange. we are talking about a silicon valley successor which is now opend for institutional investors (with all the vc money floating round atm). maybe we go down to 160, who cares. we have a new field in the monopoly game, i'm gonna try to get my piece for sure.

[phoenix1]

i just think the chinese are prone to panic and therefore we might have another chinese panic happen.

I think many a Chinese trader has migrated to their stock market bubble. And no shortage of people still on their exchanges are white devils anyway. We shall see.

I don't think chinese could give a frying duck about bitricense

who care about the price on a fucking chinese exchange. we are talking about a silicon valley successor which is now opend for institutional investors (with all the vc money floating round atm). maybe we go down to 160, who cares. we have now a new field in the monopoly game, i'm gonna try to get my piece for sure.

So, you think these 'smart people' are now in a state of shock, awe, and surprise now we have BL ?? I mean, it mean it came right out of left-field yeh

I know I now sound like a troll, but I am just trying to get the point across that this was nothing more and nothing less than was expected. If anything people were lobbying heavily for something BETTER

[LFC_Bitcoin]

i just think the chinese are prone to panic and therefore we might have another chinese panic happen.

I think many a Chinese trader has migrated to their stock market bubble. And no shortage of people still on their exchanges are white devils anyway. We shall see.

I don't think chinese could give a frying duck about bitricense

I sense panic in you phoenix, you're posting far more regularly than usual.
Are you scared, worried that the bear feast may be coming to an end?
Have you got a shit load of shorts that will send you under if we enter a significant rally?
Talk to me brother.

[phoenix1]

i just think the chinese are prone to panic and therefore we might have another chinese panic happen.

I think many a Chinese trader has migrated to their stock market bubble. And no shortage of people still on their exchanges are white devils anyway. We shall see.

I don't think chinese could give a frying duck about bitricense

I sense panic in you phoenix, you're posting far more regularly than usual.
Are you scared, worried that the bear feast may be coming to an end?
Have you got a shit load of shorts that will send you under if we enter a significant rally?
Talk to me brother.

Nah, couple of glasses of wine have got my tongue wagging  . No panic. No shorts.
I don't generally post when there is fuck all going on, when there is, I give my honest opinion  

EDIT: In this instance that is 'And... ??'

[600watt]

I don't wanna...

No worries we will make it to $230's or almost today I'd bet.

Sweet...

what an ignorant astronaut !

he should have been drinking this: