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Question: Next Bubble Top (resulting in a new ATH):
Will never reach a new ATH - 2 (4.3%)
$20,000-$49,999 - 10 (21.3%)
$50,000-$99,999 - 15 (31.9%)
$100,000-$149,999 - 8 (17%)
$150,000-$199,999 - 4 (8.5%)
$200,000-$249,999 - 2 (4.3%)
$250,000-$299,999 - 0 (0%)
$300,000-$350,000 - 0 (0%)
>$350,000 - 6 (12.8%)
Total Voters: 47

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21498428 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. (138 posts by 32 users deleted.)
JimboToronto
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May 25, 2017, 06:49:05 PM

I thought there was a Bitcoin ATM just around the corner from you. You shouldn't have any travel expenses. Is it broken or something?

I had 2 within walking distance but 1 was taken out and the other moved from Decentral to a convenience store a couple of doors down the street where the fees are ridiculous (13% buy, 15.5% sell).  Angry
 
The place I've used most recently ran out of coins a couple of days ago. Deloitte is reasonably priced but have a $100 daily limit.

There's a place downtown where I can buy for 5% and sell for 3% but they're a little too far to walk and require transferring between transit vehicles or taking a cab. It's also raining today.

If the dip was deeper and I had more cash to spend, I might consider it. Under the circumstances, I'll wait.

That's what I like about holding Bitcoin. You earn obscene amounts of money just for waiting.  Cool

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Coinnosaurus
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May 25, 2017, 06:50:40 PM

Shorting bitcoin? Judging from the charts that is a bad idea.
Current price is higher than yesterday's price.

Buy every dip and hold your coins I would suggest.
say to the guy who bought at the top )))
PoolMinor
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May 25, 2017, 07:02:32 PM

Shorting bitcoin? Judging from the charts that is a bad idea.
Current price is higher than yesterday's price.

Buy every dip and hold your coins I would suggest.
You cannot hold forever, otherwise what is the point of it?


Boy someone yesterday was awfully sure of himself that selling was such a bad idea ".....we be going uppity."

It didn't really had a fall from yesterday (bitstamp is up 20$ since yesterday, same time). The correction is in a few hours window.


600 drop from 2800 is not just a fall, it was an excellent shorting opportunity, if you are into that kind of thing.

If you know the tops and bottoms beforehand, sure.

It is a very simple strategy really, buy as it is going down and sell whilst it is going up; therefore you might actually find the top and the bottoms. This is not rocket surgery
Meuh6879
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May 25, 2017, 07:11:22 PM

Fuel for the 4000 USD : http://www.zerohedge.com/news/2017-05-25/bitcoin-blows-throuigh-2500-2600-2700-overnight-south-korea-demand-soars


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The South Korean government has been very friendly towards digital currencies, and the country is steadily becoming a technology hub. Just recently the government lowered the equity capital requirement for bitcoin companies working with remittances.

The new statutes will begin on June 18 with a reduction of required capital to 1 billion KRW in contrast to the prior requirement of 2 billion KRW.

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May 25, 2017, 07:20:55 PM

Fuel for the 4000 USD : http://www.zerohedge.com/news/2017-05-25/bitcoin-blows-throuigh-2500-2600-2700-overnight-south-korea-demand-soars


Quote
The South Korean government has been very friendly towards digital currencies, and the country is steadily becoming a technology hub. Just recently the government lowered the equity capital requirement for bitcoin companies working with remittances.

The new statutes will begin on June 18 with a reduction of required capital to 1 billion KRW in contrast to the prior requirement of 2 billion KRW.


Arbitrage opportunity .. nothing more ,they lost the contact with reality
European Central Bank
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May 25, 2017, 07:27:21 PM

Arbitrage opportunity .. nothing more ,they lost the contact with reality

if you could arbitrage it successfully that price wouldn't exist.
xslugx
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May 25, 2017, 07:28:04 PM

Shorting bitcoin? Judging from the charts that is a bad idea.
Current price is higher than yesterday's price.

Buy every dip and hold your coins I would suggest.

Yeah I tried to do so and got burned as hell ><

It's not even that the opportunity doesn't exist. It's just that prices moves so fast and with such a great range that...
I guess I'll never really get the hand of btc trading. Forex is easier  Tongue
luckygenough56
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May 25, 2017, 07:32:19 PM

3...2...1
Coinnosaurus
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May 25, 2017, 07:35:42 PM

Arbitrage opportunity .. nothing more ,they lost the contact with reality

if you could arbitrage it successfully that price wouldn't exist.
it's a matter of time ..
BobLawblaw
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May 25, 2017, 07:36:53 PM

Today sucks, fam.
Richard Branson
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May 25, 2017, 07:37:21 PM

3...2...1


Short for fun  Grin Cheesy
BlindMayorBitcorn
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May 25, 2017, 07:37:59 PM

Shaka. When the walls fell. Cry
leowonderful
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Bitcoin FTW!


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May 25, 2017, 07:42:16 PM

Not just Bitcoin that's falling, most crypto is losing value right now. Interesting since most of the time when a situation like this happens, since it's usually those alts going up. Once we reach the bottom it'd likely be a good time to buy.
HI-TEC99
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May 25, 2017, 07:44:03 PM

I thought there was a Bitcoin ATM just around the corner from you. You shouldn't have any travel expenses. Is it broken or something?

*snip*
The place I've used most recently ran out of coins a couple of days ago.
*snip*


Does it tell you its run out of coins before you put the money in, or does it happily accept the money, then refuse to give it back when it finally tells you its got no Bitcoins?
becoin
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May 25, 2017, 07:48:16 PM

You can't use margin now on exchanges to buy bitcoin. You're allowed to only sell on margin. This effect will last until Monday when new portion of fiat will hit all bitcoin exchanges. We have only 2-3 days to shake the weak hands and reload.
Coinnosaurus
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May 25, 2017, 07:52:23 PM

Arbitrage opportunity .. nothing more ,they lost the contact with reality

if you could arbitrage it successfully that price wouldn't exist.
Bithumb + korean bank account + neteller = profit??
Ted E. Bare
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May 25, 2017, 07:56:12 PM

Any news or just the traders? I like today's prices.
Okurkabinladin
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May 25, 2017, 07:58:05 PM

Not just Bitcoin that's falling, most crypto is losing value right now. Interesting since most of the time when a situation like this happens, since it's usually those alts going up. Once we reach the bottom it'd likely be a good time to buy.

Not at all, because we are in bubble just entering parabolic stage. Not "most of the time" situation  Smiley

In 2013, alts after massive growth crashed in reaction to bitcoin correction. Then whales poured all their cash to Bitcoin in anticipation of final wave 5. It came and it was glorious.
YourMother
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May 25, 2017, 07:58:51 PM

Cant't wait for the - 2 pizzas = 2 billion dollars - story in 2020.


This one was as epic







European Central Bank
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May 25, 2017, 08:01:36 PM

so are we really gonna sell in may and go away? i'd be disappointed if the bitcoin market was that much of a cliche.
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