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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370987 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Meuh6879
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December 22, 2016, 01:26:14 AM

salma hayek. i don't understand what she's supposed to represent in terms of bitcoin.

triangle and cup.






















beside ... they keep buying (810 euros).
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savetherainforest
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December 22, 2016, 01:29:27 AM

salma hayek. i don't understand what she's supposed to represent in terms on bitcoin. she certainly seems to make regular appearances here for some reason.

Neither do I, but I found 20 animated gifs of her. Nobody ever posts animated gifs of her.

http://www.pbh2.com/entertainment/movies-television/sexiest-salma-hayek-gifs/

on 12 out of 22 .. that's someone else.. Smiley
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December 22, 2016, 01:32:21 AM

3k wall. Wee.
strawbs
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December 22, 2016, 01:33:28 AM

3000 btc wall at $839 on finex.....just waiting to be pulled.

EDIT: and gone, then back again, then gone, lol
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December 22, 2016, 01:40:30 AM

gotta love the FOMO factor.... but the google couldnt find me a  meme....

Can't let you down.

(lots of big FOMO images)

lol... thanx my friend.
guess i shoulda put a little more effort into my googlin Cheesy
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December 22, 2016, 01:48:30 AM

gotta love the FOMO factor.... but the google couldnt find me a  meme....




Duuno about FOMO ... but some of the memes from old posts are just hilarious! Cheesy Cheesy








BTC!Tcoin.. it can't come down!!! Cheesy Cheesy
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December 22, 2016, 02:03:47 AM

In this article they state that 4/5 banks will be using blockchain tech (not bitcoin) in 2017. But if they have their own blockchain it'll be centralized and not have the "bitcoin network." Is it inevitable that they will turn to bitcoin in the end?


Who really cares? Horse renting companies will not be using gasoline engines, instead they will train horses to drink gasoline because it's hip and everybody does that. Will they turn and replace all their horses when they start to explode spontaneously? I really do not know, but I am sure by that time they will be completely irrelevant anyway Smiley
Hyperjacked
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December 22, 2016, 02:09:18 AM

This is gonna blow up in Bitcoin wallets... Shocked Shocked Shocked Cool
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December 22, 2016, 02:15:41 AM
Last edit: December 22, 2016, 02:30:03 AM by Torque

In this article they state that 4/5 banks will be using blockchain tech (not bitcoin) in 2017. But if they have their own blockchain it'll be centralized and not have the "bitcoin network." Is it inevitable that they will turn to bitcoin in the end?


http://fortune.com/2016/11/21/goldman-sachs-r3-blockchain-consortium/

I worked in IT for the Finance industry for 10+ years, and I can tell you wholeheartedly that if some of them even manage to get a demo/pilot project (that basically proves/does nothing significant other than trying to impress some execs to greenlight a real budget) off the ground by 2020, that would be stretching it. The Finance industry moves at an excruciatingly slow pace when it comes to new/edge technology. And yes, without eventually plugging into the bitcoin blockchain network, their efforts will be largely useless.... an "interesting exercise" at best.
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December 22, 2016, 02:19:25 AM

In this article they state that 4/5 banks will be using blockchain tech (not bitcoin) in 2017. But if they have their own blockchain it'll be centralized and not have the "bitcoin network." Is it inevitable that they will turn to bitcoin in the end?


Who really cares? Horse renting companies will not be using gasoline engines, instead they will train horses to drink gasoline because it's hip and everybody does that. Will they turn and replace all their horses when they start to explode spontaneously? I really do not know, but I am sure by that time they will be completely irrelevant anyway Smiley

it validates bitcoin so will only strengthen bitcoins credibility in the eyes of business, general public. ie 'if the banks are using this tech it must be trustworthy'
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December 22, 2016, 02:37:59 AM

In this article they state that 4/5 banks will be using blockchain tech (not bitcoin) in 2017. But if they have their own blockchain it'll be centralized and not have the "bitcoin network." Is it inevitable that they will turn to bitcoin in the end?


Who really cares? Horse renting companies will not be using gasoline engines, instead they will train horses to drink gasoline because it's hip and everybody does that. Will they turn and replace all their horses when they start to explode spontaneously? I really do not know, but I am sure by that time they will be completely irrelevant anyway Smiley

it validates bitcoin so will only strengthen bitcoins credibility in the eyes of business, general public. ie 'if the banks are using this tech it must be trustworthy'

forex thats where the advantage is trading national currencies against bitcoin, just like the altcoin exchanges

all currencies on their different blockchains, again just like altcoins

cannot wait to trade btc any where there is a centralised bank
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December 22, 2016, 02:46:58 AM

 blink and you may miss the 800's ( that might be an exaggeration but yawl get the point)
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December 22, 2016, 02:47:11 AM

In this article they state that 4/5 banks will be using blockchain tech (not bitcoin) in 2017. But if they have their own blockchain it'll be centralized and not have the "bitcoin network." Is it inevitable that they will turn to bitcoin in the end?


http://fortune.com/2016/11/21/goldman-sachs-r3-blockchain-consortium/

I worked in IT for the Finance industry for 10+ years, and I can tell you wholeheartedly that if some of them even manage to get a demo/pilot project (that basically proves/does nothing significant other than trying to impress some execs to greenlight a real budget) off the ground by 2020, that would be stretching it. The Finance industry moves at an excruciatingly slow pace when it comes to new/edge technology. And yes, without eventually plugging into the bitcoin blockchain network, their efforts will be largely useless.... an "interesting exercise" at best.

UBS whitepaper

https://www.ubs.com/microsites/blockchain-report/en/home.html
DaRude
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December 22, 2016, 02:48:24 AM

In this article they state that 4/5 banks will be using blockchain tech (not bitcoin) in 2017. But if they have their own blockchain it'll be centralized and not have the "bitcoin network." Is it inevitable that they will turn to bitcoin in the end?


Who really cares? Horse renting companies will not be using gasoline engines, instead they will train horses to drink gasoline because it's hip and everybody does that. Will they turn and replace all their horses when they start to explode spontaneously? I really do not know, but I am sure by that time they will be completely irrelevant anyway Smiley

Nah they still use horses to give rides around parks. I'm sure we can find some niche for them
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December 22, 2016, 02:53:54 AM

The exchanges are literally running out of coins. This is crazy. Not many people are willing to sell, and for a good reason that is!

My local Bitcoin dealer got 47 coins left for sale Cool All those exchanges needs to filling up there supply today, so i assume the price will get another spike up!

$900 before X-mass?  Shocked Shocked

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December 22, 2016, 03:00:55 AM

Coinhako a Singapore exchange already ran out of bitcoins and no one can buy from there anymore... Message when you login: "We are sold out at the moment. Please try again later. Thank you for your patience. "
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December 22, 2016, 03:04:02 AM

i reckon a run up to about $4K over the next month

i wish i felt pressure to sell when the price was high, not low.

that said, i've hodl since 2012.

i've seen some shit.
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December 22, 2016, 03:25:31 AM

i reckon a run up to about $4K over the next month

i wish i felt pressure to sell when the price was high, not low.

that said, i've hodl since 2012.

i've seen some shit.

What do you think the high of 2017 will be? Do you think $4K will be it, or do you think higher? This is the first time I experienced it getting close to an ATH so I'm out of my depth.
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December 22, 2016, 03:31:42 AM

Coinhako a Singapore exchange already ran out of bitcoins and no one can buy from there anymore... Message when you login: "We are sold out at the moment. Please try again later. Thank you for your patience. "


From time to time, that used to happen on Circle and Coinbase, too. 

Sometimes it is matter of small amounts of liquidity on the exchange, overall, and even some poor planning on behalf of the business.

But, yeah, it becomes even a worse problem when the price is moving a lot in one direction rather than the other (and we seem to have that kind of a "problem" now, which may even get much "worse" if the price continues an increasing exponential upwards direction)
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December 22, 2016, 03:48:37 AM

i reckon a run up to about $4K over the next month

i wish i felt pressure to sell when the price was high, not low.

that said, i've hodl since 2012.

i've seen some shit.

What do you think the high of 2017 will be? Do you think $4K will be it, or do you think higher? This is the first time I experienced it getting close to an ATH so I'm out of my depth.

i've experienced all of them since $31.

given the history of bitcoin's price movements my hunch is that it'll run up to fairly close to $10k and then crash back down to the $3500-$5500 range for a while.

after that it's unlikely to crash again like the past 2 bubbles. there isn't the potential for disaster that there once was that would trigger these things.

so i imagine that after that another brief period will follow of not much movement and then another run up past $10k and suddenly flying all the way up to silly money in the hundreds of thousands and millions.

segwit becoming activated will make me more optimistic and committed to this guess. but even without any scaling attempt at all bitcoin's future is guaranteed and therefore it's appeal as a store of value is too.
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