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

[Torque]

http://mailchi.mp/bitmex/crypto-trader-digest-1307661?e=2eeec28d17

"Many people smarter than me have opined on the issues surrounding the Bitcoin scaling debate. As such, I will only focus on the relevant dates traders should etch into their memory.
July 14th
On this date ..."

"Jihan Wu, Bitmain CEO, already opined that he will hard fork regardless of whether UASF succeeds or fails. It is not guaranteed that a hard fork could happen without issues, but this is the best time from their perspective to attempt one. Should it succeed, Bitcoin will quickly erase all prior losses and surpass $3,000. "

So the market will be delighted that a handful of Chinese miners are in full control of Bitcoin?

That's a really fucking stupid supposition.

Probably the Deep State working behind the scenes to co-op Bitcoin. I keep thinking that Jihan Wu/Bitmain has already been corrupted. And if they successfully take it over, the statists will pump it even higher just to prove that the masses are greedy sheep ready to come on over to their darkside.

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[pfrtlpfmpf]

And "ITT" is short for . . .   Sorry, i´m a bit slow !

In this thread

Damn, i nearly knew it (INKI)  

[marcus_of_augustus]

Probably the Deep State working behind the scenes to co-op Bitcoin. I keep thinking that Jihan Wu/Bitmain has already been corrupted. And if they successfully take it over, the statists will pump it even higher just to prove that the masses are greedy sheep ready to come on over to their darkside.

That's ethereum you are talking about there right?

[deepcolderwallet]

Probably the Deep State working behind the scenes to co-op Bitcoin. I keep thinking that Jihan Wu/Bitmain has already been corrupted. And if they successfully take it over, the statists will pump it even higher just to prove that the masses are greedy sheep ready to come on over to their darkside.

https://bitcointalk.org/index.php?topic=1980637

About the PBOC i am not 100% sure Bitcoin is not in their best interests. And I would guess they are also not sure. The macroeconomic implications of Bitcoin are so complex that I don't think no parties really know. And that's why no government has made any extreme move about it.

Bitcoin is a means to subvert PBOC policy so it is hard to see how they can be in favor of it. Wu will be a tool of PRC policy when the Central Committee decides it has a Bitcoin policy. China is a communist dictatorship.

THANK. YOU.

Finally someone is catching with how I see the way it works.

[Torque]

<snip>
https://bitcointalk.org/index.php?topic=1980637

I posted my thoughts in that thread..

[quarternions]

Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

[deepcolderwallet]

Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

Bro, I'll heartedly advice you not to play in such a volatile market as crypto is. Unless you're a full skilled trader from stock markets. BTC is king and will win the final battle against fiat. Soon things will be like that:

[gentlemand]

Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

Pure guess? Nope. Too much turbulence for that price level again.

[yefi]

Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

Maybe by August 2018.

[quarternions]

Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

                                                                                                                                     

Bro, I'll heartedly advice you not to play in such a volatile market as crypto is. Unless you're a full skilled trader from stock markets. BTC is king and will win the final battle against fiat. Soon things will be like that:

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FgE8hDnY.jpg%26t%3D578%26c%3DNlb3YmM93n0Fkw%26t%3D578%26c%3D2idGqolDzwr44A%26t%3D578%26c%3Djntx8uiI_lupcw%26t%3D578%26c%3D0y5X549ddb8l1A&t=578&c=tt-yWdJEtGIaJ                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               A

                                                                                                                                                                                                                                                   
You are completely right, I'm definitely not a skilled trader yet, just been lurking for some time

I am just playing with around 2k, and I only buy in trends + when I see clear candle patterns and with the info from this website and telegram. So most of the time I only make "safe" (I know it is almost never safe") trades. But then I discovered leverage trades, made some good money, adrenaline was pumping, got overconfident (also the drinks did not help) went long just as it was turning (Still have no idea where my logic went).

I am aspiring to become a full skilled stock trader, BTC just happened to come on my path and with little money you could still easily make a couple of 100 bucks. Also the idea of using it as long term savings account looked great since in Holland I get less then 1% growth in a year... Also since the laws for bitcoins are still in a grey area you can do a lot of fun things with it (currently writing a coin buying and investing website with ideal support for a select amount of people). The API's in general are funt to work with as a programmer so it gives me some incentive to work.

As soon as I get that website up and running and have some more funds I'll start opening up a proper broker account and reading into where to start there... This is getting a bit off topic but any suggestions on where I can start even with a low amount off funds. Probably best not to post it here.

TLDR;
Lost all my earnings and a chunk of my 2k due too leverage and intoxicated, slowly getting it back. Also do want to get into  normal

[Torque]

Our new Avenger Joe! Already received ~4 btc in donations.  

[bitserve]

Our new Avenger Joe! Already received ~4 btc in donations.  

Very well deserved. I hope he reaches at least 10BTC. It will also be an additional positive news in itself.

Anyone knows what was he doing there? It doesn't seem like an easy access "place".

An interview would be great.... it's not that he is "anonymous" now anyways.

[infofront]

http://mailchi.mp/bitmex/crypto-trader-digest-1307661?e=2eeec28d17

"Many people smarter than me have opined on the issues surrounding the Bitcoin scaling debate. As such, I will only focus on the relevant dates traders should etch into their memory.
July 14th
On this date ..."

"Jihan Wu, Bitmain CEO, already opined that he will hard fork regardless of whether UASF succeeds or fails. It is not guaranteed that a hard fork could happen without issues, but this is the best time from their perspective to attempt one. Should it succeed, Bitcoin will quickly erase all prior losses and surpass $3,000. "

So the market will be delighted that a handful of Chinese miners are in full control of Bitcoin?

That's a really fucking stupid supposition.

The market will be delighted that Segwit passes. After that, Jihan and Roger Ver can shove btc1 up each other's asses.. If they do decide to fork off, no relevant economic nodes will join them.

I'm still of the belief that this whole segwit2x fiasco is a way for Jihan to save face, while accepting segwit.

[deepcolderwallet]

140+ Wall spotted @ $2400 @ Bitfinex

EDIT: being swallowed in an hallucinating rhythm.
Market looks thirsty.

[Chef Ramsay]

Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

Pure guess? Nope. Too much turbulence for that price level again.

New ATHs in August and September with quicker consolidations in between. 5 digits into the new yr.

[yefi]

TLDR;
Lost all my earnings and a chunk of my 2k due too leverage and intoxicated, slowly getting it back. Also do want to get into  normal

You need to be disciplined. Only takes one drunken stupor on leverage to wipe out a position that you've diligently worked at for months/years. I guess most of us have taken on too much risk and got stung at some point though.

[bitserve]

140+ Wall spotted @ $2400 @ Bitfinex

EDIT: being swallowed in an hallucinating rhythm.
Market looks thirsty.

In the last half hour also a 150+50 BTC walls around 2100€ at Kraken have been eaten. Maybe those are somewhat "small" walls, but they were for real and of significant size for Kraken.

We are again inside the triangle. Sideways, and more sideways.

[deepcolderwallet]

140+ Wall spotted @ $2400 @ Bitfinex

EDIT: being swallowed in an hallucinating rhythm.
Market looks thirsty.

In the last half hour also a 150+50 BTC walls around 2100€ at Kraken have been eaten. Maybe those are somewhat "small" walls, but they were for real and of significant size for Kraken.

We are again inside the triangle. Sideways, and more sideways.

Like Jimbo says, "coiling, coiling..."

[keithers]

What are your guys thoughts on this latest ICO Tezos?  Do you think it has had any effect on the recent prices of bitcoin or ether?   I have definitely noticed as the prices of Ethereum has dropped, the number of Ethereum contributed has definitely skyrocketed.

On the other hand, as prices of BTC have remained a little flat, the amount of bitcoin contributed to Tezos has slowed down significantly.

[bitebits]

[...] btc1 [...] If they do decide to fork off, no relevant economic nodes will join them. [...]

I wouldn't bet my bitcoins on that. You sound a little too convinced or extremist, which reveals uncertainty.
Lets just see, the market will decide for us.