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

[Patel]

Gotta admit though, from July 12 - July 19, that was a fat chunk of dump that the market absorbed, and still seems like it's hungry for more.

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[Chef Ramsay]

The winklevii already have investors ready to buy as soon as they go live.  They know alot of high power people.

Totally, I rest my case. This shit of bitcoin is gonna get out of hand in a hurry and freak you out like you've never experienced in your life before. The roaring 15s and beyond are coming so you better get your shit in order to panic buy needed if you're not already all in at this point.

[adamstgBit]

If anyone feels any better, I finished building my 40 gallon sump for the 75 gallon and the price gone up 10 bucks. I need to troll less and more hobby stuff.

huh? what! no, maybe? idk.

What constitutes contribution in a thread about nothing? 

everything, anything, flashy pic are best...

So the forum has been down for a good part of the day, i wanted to login and give my blessing to this rally but i couldnt. anyway, its looking good, i had target 269 as the low before the rebound but we seem to be bouncing off of 275, very good, bullish sign, bla bla bla. now resistance appears to be >300, I can totally see this 6 month long resistance line (300USD) become support in the next few weeks, buy or die. buy or die. Buy or die. Buy or Die! your choice man wtv.

A sump for a fish tank is another tank outside of the main display one that holds stuff like filter media, skimmer, ect.... adds water volume too.

are you high as fuck man!??!?!?

buy or DIE!

FUCKING BIUY OR FUCKGINH DIE!!!!!!!!!!!

[Patel]

lol you guys are over estimating the winkles.

also, the etf is not going to happen anytime soon (within the next year).

They even switched legal advisors, for Gemini trust license they are now using Kaye Scholer LLP instead of Katten Muchin Rosenman LLP (which is/was used for their ETF)

I guess Katten Muchin Rosenman LLP couldn't get the job done, so they found another attorney.

good indicator: a few months before the ETF goes live because they will submit another S-1A excluding companies like mtgox, btc-e, and including companies like itbit, gemini, coinbase exchange etc

I think the SEC looked at the current, and previous, S-1A's with all those shady companies and laughed.

[adamstgBit]

 

[Chef Ramsay]

The winklevii already have investors ready to buy as soon as they go live.  They know alot of high power people.

I don't doubt they know powerful people but powerful people are "usually" powerful as they are fairly intelligent.

Now, I am mildly semi intelligent and I know if I were them I'd buy before Gemini is launched and the price potentially rises.

Why wait for the winkles?

I am not sold on this Gemini exchange doing much at all to the price. Not moon bound anyway but............

I really hope I am wrong and everyone points and laughs at me.

There is nothing new anymore about a regulated exchange. And with the swedish ETN the Twinkletossers ETF has lost much of it's novelty. But they somehow get all the media and all the fat cats to listen to them. Often just to point and laugh, but listen they do.

Don't get me wrong. I still think a fully regulated ETF listed in NY is a big deal, just not as big as it was. And with the other exchanges, the ETN and general acceptance of BTC in financial circles, we don't need the Facepalm Bros to launch this mofo.

The hotshots are looking for a big news exchange to come around so they can do their thing with class and "the next best thing". We are on the cusp of epicness like you've never seen nor considered or thought possible.

[Chef Ramsay]

Gemini is a neccessary requirement for the ETF as it will be the connection to the market.

Very important and cogent point! So many think the Winks are just a side story but this will really drive the market esp when the worldwide financials are shit at this point. Folks want something to get nasty on and bitcoin w/ all its help will be that in a large way, case closed. If you're not in, I'm sorry for you. Litecoin will do you good as well now if you're not sure of your ability to snatch up large amounts of bitcoin - 10 or more. Getting litecoin as it moons (soon) will afford you many more bitcoins when all is settled.

[ChartBuddy]

Coin
Explanation

[WhatsBitcoin]

are you high as fuck man!??!?!?

buy or DIE!

FUCKING BIUY OR FUCKGINH DIE!!!!!!!!!!!

Must buy moar faster flashier go go gooo

[Patel]

lol you guys are over estimating the winkles.

also, the etf is not going to happen anytime soon (within the next year).

They even switched legal advisors, for Gemini trust license they are now using Kaye Scholer LLP instead of Katten Muchin Rosenman LLP (which is/was used for their ETF)

I guess Katten Muchin Rosenman LLP couldn't get the job done, so they found another attorney.

good indicator: a few months before the ETF goes live because they will submit another S-1A excluding companies like mtgox, btc-e, and including companies like itbit, gemini, coinbase exchange etc

I think the SEC looked at the current, and previous, S-1A's with all those shady companies and laughed.

also, Gemini and ETF are unrelated. gemini is not a magic pill to get the ETF approved.

Gemini and itBit are practically the same in terms of regulations. And itBit is already launched. ETF's dont require the sponsors to launch their own exchange.

[The KGB]

The winklevii already have investors ready to buy as soon as they go live.  They know alot of high power people.

Totally, I rest my case. This shit of bitcoin is gonna get out of hand in a hurry and freak you out like you've never experienced in your life before. The roaring 15s and beyond are coming so you better get your shit in order to panic buy needed if you're not already all in at this point.

Bullish 

[Chef Ramsay]

Is this a return of the Litecoin Ponzi Scheme? My god... WTF.
Please explain. Why is Bitcoin going up, and why Litecoin?
Any ideas? Is it going over 5? 5.5? What about Bitcoin? 290? 300?

Nostalgia plus folks realize that moving litecoin is a lot easier and efficient than bitcoin straight up. Moving profits, from litecoin when the others pile on, is way easier back into bitcoin cuz the market is more fluid at this point. Litecoin is likely going into the -7-8$ range or more in the next push and that will allow you to purchase many more bitcoins by holding litecoins. Litecoin is yoursavior when developing the next bitcoin bull run so buy the shit out of it. I mean it for real.

[adamstgBit]

Gotta admit though, from July 12 - July 19, that was a fat chunk of dump that the market absorbed, and still seems like it's hungry for more.

the market will soon^TM be absorbing dumps in the 10K$/BTC range, the market is blind and stupid, take advantage NOW and buy low.

if you are looking at the 10 - 30day chart you might be thinking price is kinda high, but look at the big picture, correlate all that's been  happened, and imagine the inviability of the bitcoin's sotry unfolding, you realize that we are only at the very beginning of the never ending bull run that will launch bitcoin to 32,000$ +

duh!

buy or die.

adamstgbit signing out

CCMF

[Chef Ramsay]

The winklevii already have investors ready to buy as soon as they go live.  They know alot of high power people.

I don't doubt they know powerful people but powerful people are "usually" powerful as they are fairly intelligent.

Now, I am mildly semi intelligent and I know if I were them I'd buy before Gemini is launched and the price potentially rises.

Why wait for the winkles?

I am not sold on this Gemini exchange doing much at all to the price. Not moon bound anyway but............

I really hope I am wrong and everyone points and laughs at me.

There is nothing new anymore about a regulated exchange. And with the swedish ETN the Twinkletossers ETF has lost much of it's novelty. But they somehow get all the media and all the fat cats to listen to them. Often just to point and laugh, but listen they do.

Don't get me wrong. I still think a fully regulated ETF listed in NY is a big deal, just not as big as it was. And with the other exchanges, the ETN and general acceptance of BTC in financial circles, we don't need the Facepalm Bros to launch this mofo.

Sorry, but you are completely wrong here saying that the Swedish ETN ruins the COIN ETFs novelty. ETNs do not = ETFs, not even close

ETNs are not nearly as secure and transparent ETFs. ETFs actually hold the underlying asset being tracked and ETNs simply follow the price. This gives people much more confidence in using ETFs to earn returns versus ETNs. If the company that runs the ETN goes out of business the ETN would become worthless (ETN = unsecured debt), but with an ETF there are actual assets backing the investors purchases so they have much more security.  

Exactly, if the price goes lunatic and makes new ATH the company issuing the ETN could go bankrupt as they eventually have to pay those gains out of their own pockets.

Which is why you should never invest in an ETN unless you know the company has a good credit rating and that the chances of bankruptcy are almost non-existent.

What if the Wink's Bitcoins get stolen? Does insurance cover the loss, and is there no way an insurance company could possibly wriggle off the hook of paying? I know it's not likely but nothing's impossible, no matter how good the Wink's security is there is always a risk of theft.

If the coins backing COIN were all stolen then investors would probably loose a lot of money (if not all), but the same goes for any other ETF. GLD for example holds gold and there is a chance it will all be stolen yet there is about $25B invested in the GLD ETF right now and a lot more than that when gold was higher.

In terms of insurance, we will have to read through the COIN's prospectus if and when it comes online to see if says anything.

With that said, COIN won't have all of its BTC holdings online. I'm sure they will have most in cold storage and probably not all in one place.

If COIN does have all of it's coins stolen it will be one of the biggest heists in history assuming COIN gets

In case u didn't read what the winks are up to w/ Gemini, they are focusing solely on security in a large part so all interested large parties are gonna be bullish as fuck over this play. The application for a license is en route so get ready for moon.

[aztecminer]

soon 1 oz of silver will be worth 320+ bitcoins ..

[Chef Ramsay]

If anyone feels any better, I finished building my 40 gallon sump for the 75 gallon and the price gone up 10 bucks. I need to troll less and more hobby stuff.

huh? what! no, maybe? idk.

What constitutes contribution in a thread about nothing? 

everything, anything, flashy pic are best...

So the forum has been down for a good part of the day, i wanted to login and give my blessing to this rally but i couldnt. anyway, its looking good, i had target 269 as the low before the rebound but we seem to be bouncing off of 275, very good, bullish sign, bla bla bla. now resistance appears to be >300, I can totally see this 6 month long resistance line (300USD) become support in the next few weeks, buy or die. buy or die. Buy or die. Buy or Die! your choice man wtv.

A sump for a fish tank is another tank outside of the main display one that holds stuff like filter media, skimmer, ect.... adds water volume too.

are you high as fuck man!??!?!?

buy or DIE!

FUCKING BIUY OR FUCKGINH DIE!!!!!!!!!!!

Daddy comes back just in time.. Buy bitcoin or litecoin at this point or tell your bitch that Xmas will be lite this year.

[Cconvert2G36]

soon 1 oz of silver will be worth 320+ bitcoins ..

Do you use escrow?

[adamstgBit]

soon 1 oz of silver will be worth 320+ bitcoins ..

your a fucking MORON

but you realy knew that so good night bitch.

[aztecminer]

soon 1 oz of silver will be worth 320+ bitcoins ..

your a fucking MORON

but you realy knew that so good night bitch.

really ?? why is that ?? its a speculation that silver will be worth multiples of full bitcoins.. doesn't matter how many full bitcoins it will be worth .. the banks are not accumulating bitcoins.. they are accumulating metals ... whats really funny is how you all keep valuing bitcoins in usd when obviously usd is going away soon.. everything is on sale right now.

[hendra147]

soon 1 oz of silver will be worth 320+ bitcoins ..

your a fucking MORON

but you realy knew that so good night bitch.

and 1 bitcoin can buy your brains........
because bitcoin price willl be up to 100.000$