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

[Ludwig Von]

You know how in June/July the price just kept mysteriously moving up, but no one could figure out why?  Then in Nov out of the blue we get news that Futures are coming online in December and price is suddenly 6X higher than it was in June/July?

Yeah, that's the way announcement of Bitcoin ETFs will happen too.  People would be wise to start accumulating bitcoin now. Not being an insider, what is being planned today you won't find out about for another 6-8 months when it actually launches.

I am not so sure ETF 's will happen soon. That would mean no way back, honeybadger would be an officially recognized asset. (Which is two classes above futures). But as unhappy I am with this futures casino, double more happy I would be if ETF 's saw the light... .

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[Torque]

You know how in June/July the price just kept mysteriously moving up, but no one could figure out why?  Then in Nov out of the blue we get news that Futures are coming online in December and price is suddenly 6X higher than it was in June/July?

Yeah, that's the way announcement of Bitcoin ETFs will happen too.  People would be wise to start accumulating bitcoin now. Not being an insider, what is being planned today you won't find out about for another 6-8 months when it actually launches.

I am not so sure ETF 's will happen soon. That would mean no way back, honeybadger would be an officially recognized asset. (Which is two classes above futures). But as unhappy I am with this futures casino, double more happy I would be if ETF 's saw the light... .

Definitely "soon".

Six months ago, no one thought a Bitcoin futures market would launch and be a thing. And yet here we are.

I'm willing to bet that serious discussions around Bitcoin ETFs is already happening as we speak, in order to prep for launch in 2018. In fact, COIN is ready to go and has been since March. All they need is the green light from the SEC.

https://www.coindesk.com/new-bitcoin-etf-filings-follow-cboe-futures-debut/

[600watt]

the times havehas changed.  

[Rosewater Foundation]

holy downtown batman...are we back?

[Rosewater Foundation]

One of our fork coins is pumping. I didn't even know it was out yet!

[JimboToronto]

One of our fork coins is pumping. I didn't even know it was out yet!

You don't say!








... which one?

[Rosewater Foundation]

One of our fork coins is pumping. I didn't even know it was out yet!

You don't say!








... which one?

https://yobit.net/en/trade/SBTC/BTC

Already worth more than bglod!

[BlindMayorBitcorn]

Hey, where's our man BMB?

Anyone seen him?  On vaca?

$5 wrench?

I believe becoming somewhat rich has spooked him.

Confirmed.

[DonQuijote]

The rabbit hole goes ever deeper:  http://united-bitcoin.com

Is a new fork? where can i sell it?

[TERA2]

If banks collapse so will bitcoin because as of now bitcoin is supported 95% by fat wires of speculative fiat to exchanges from banks and their fractional reserve loan system which creates imaginary assets and wealth for people to invest.  Once the superhighways of fiat are shutdown nobody will even have any money to invest and there will not be a hand to hand bartering economy with bit coin  that supports these price levels.  The adoption is not there yet.  So don't hope on banks to collapse.

[explorer]

The rabbit hole goes ever deeper:  http://united-bitcoin.com

Is a new fork? where can i sell it?

I think it's a joke, if the quotes brought forth are accurate.  Of course, so are several of the others, and it hasn't made them worthless...  Greater Fools, Free Money, and all that.

[bitserve]

One of our fork coins is pumping. I didn't even know it was out yet!

You don't say!








... which one?

https://yobit.net/en/trade/SBTC/BTC

Already worth more than bglod!

Great! Are we rich again then?

I am starting to like those forks... more so if they don't come claiming they are the one and true Bitcoin and bullshit like that.

Helicopter money for the masses poor bitcoiners!

[bitserve]

If banks collapse so will bitcoin because as of now bitcoin is supported 95% by fat wires of speculative fiat to exchanges from banks and their fractional reserve loan system which creates imaginary assets and wealth for people to invest.  Once the superhighways of fiat are shutdown nobody will even have any money to invest and there will not be a hand to hand bartering economy with bit coin  that supports these price levels.  The adoption is not there yet.  So don't hope on banks to collapse.

Well, nothing to worry about because banks are not going to collapse anytime soon. "They" can't and won't let that happen no matter what.

[Rosewater Foundation]

One of our fork coins is pumping. I didn't even know it was out yet!

You don't say!








... which one?

https://yobit.net/en/trade/SBTC/BTC

Already worth more than bglod!

Great! Are we rich again then?

I am starting to like those forks... more so if they don't come claiming they are the one and true Bitcoin and bullshit like that.

Helicopter money for the masses poor bitcoiners!

I should never have moved my coins to Trezor. I was nimble with the bcash drop. Ever since I went hardware wallet I feel like I'm stuck in line.

[bitserve]

One of our fork coins is pumping. I didn't even know it was out yet!

You don't say!








... which one?

https://yobit.net/en/trade/SBTC/BTC

Already worth more than bglod!

Great! Are we rich again then?

I am starting to like those forks... more so if they don't come claiming they are the one and true Bitcoin and bullshit like that.

Helicopter money for the masses poor bitcoiners!

I should never have moved my coins to Trezor. I was nimble with the bcash drop. Ever since I went hardware wallet I feel like I'm stuck in line.

Why so? On the contrary I have found claiming forks with my hardware wallets makes it very easy. I do use the Ledger nano though.

ANyway, I am not claiming the recent forks any time soon. With current fees I don't feel like moving all the addresses for EACH fork and also all that shit seems to rise price after the first waves of fast sellers are done. No hurry. When the time comes I will do them all at once. It's free money so what's to lose.

[gentlemand]

I should never have moved my coins to Trezor. I was nimble with the bcash drop. Ever since I went hardware wallet I feel like I'm stuck in line.

They're pretty rapid with forks but there'll be a point where they can't be arsed any more. You can always extract the relevant private key with this https://iancoleman.io/bip39/ from your seed as long as your BTC is gone and you have a new seed.

I stuck with paper wallets for fork season.

[Rosewater Foundation]

They're pretty rapid with forks but there'll be a point where they can't be arsed any more. You can always extract the relevant private key with this https://iancoleman.io/bip39/ from your seed as long as your BTC is gone and you have a new seed.

This sounds like work. I like my old seed.

I stuck with paper wallets for fork season.

That was the ticket.

[Icygreen]

Haven't been able to get on bitcointalk.org  with a laptop for the past 20 hours or so.  Mobile works fine.
Thought cloudflare was supposed to solve DDoS? Are we all on mobile devices?

[gentlemand]

Haven't been able to get on bitcointalk.org  with a laptop for the past 20 hours or so.  Mobile works fine.
Thought cloudflare was supposed to solve DDoS? Are we all on mobile devices?

Nope. PC. But it's only been usable in the last 3 or so hours. Didn't work on mobile either.

[bitserve]

Haven't been able to get on bitcointalk.org  with a laptop for the past 20 hours or so.  Mobile works fine.
Thought cloudflare was supposed to solve DDoS? Are we all on mobile devices?

Cloudflare can absorb most ddos, but it cannot do anything if the servers are overloaded which is what is happening. It's not a bandwidth problem but a load one. Only upgrading the capacity of the servers or optimizing the software would solve it.