Bitcoin Forum
December 03, 2022, 10:21:01 AM *
News: Reminder: do not keep your money in online accounts
 
   Home   Help Search Login Register More  
Poll
Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

Pages: « 1 ... 19241 19242 19243 19244 19245 19246 19247 19248 19249 19250 19251 19252 19253 19254 19255 19256 19257 19258 19259 19260 19261 19262 19263 19264 19265 19266 19267 19268 19269 19270 19271 19272 19273 19274 19275 19276 19277 19278 19279 19280 19281 19282 19283 19284 19285 19286 19287 19288 19289 19290 [19291] 19292 19293 19294 19295 19296 19297 19298 19299 19300 19301 19302 19303 19304 19305 19306 19307 19308 19309 19310 19311 19312 19313 19314 19315 19316 19317 19318 19319 19320 19321 19322 19323 19324 19325 19326 19327 19328 19329 19330 19331 19332 19333 19334 19335 19336 19337 19338 19339 19340 19341 ... 31635 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25878750 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. (170 posts by 5 users with 9 merit deleted.)
mindrust
Legendary
*
Offline Offline

Activity: 2730
Merit: 2247



View Profile
January 30, 2018, 06:22:13 PM

Good News: We are still over $9000.
1670062861
Hero Member
*
Offline Offline

Posts: 1670062861

View Profile Personal Message (Offline)

Ignore
1670062861
Reply with quote  #2

1670062861
Report to moderator
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Rsiyz
Jr. Member
*
Offline Offline

Activity: 138
Merit: 6


View Profile
January 30, 2018, 06:22:53 PM

dip  Cheesy

BobLawblaw can buy back with that part of selling to fiat .. Grin 
Torque
Legendary
*
Offline Offline

Activity: 3066
Merit: 4206



View Profile
January 30, 2018, 06:23:22 PM

Quote
"The U.S. Commodity Futures Trading Commission sent subpoenas last week to virtual-currency venue Bitfinex and Tether..."

Last Week

So think about that, HODL, and BTFD

How low is this going to go, I wish people would man the fuck up & stop selling at th 1st sign of what looks like bad news.

They're not though. The whales bought up everything between 7.5K and 19k. They're literally dumping and shorting into their own bid walls. Average Joes aren't fast enough on the trigger (unless they are stop loss selling).
jojo69
Legendary
*
Offline Offline

Activity: 2660
Merit: 3726


1/21000000 , the only math you need to know


View Profile
January 30, 2018, 06:27:56 PM

This is so transparent it is laughable.

The timing is pretty over the top...they really think we are that stupid...I suppose that fact in and of itself is a tradable data point.
RayX12
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552


View Profile
January 30, 2018, 06:29:29 PM

...
Or People woke up and suddenly felt the urge to move coins? Crash anticipation?
...



Yes!  Insider knowledge of the subpoena article coming. 
rafanadal
Member
**
Offline Offline

Activity: 368
Merit: 31


View Profile
January 30, 2018, 06:31:50 PM

Quote
"The U.S. Commodity Futures Trading Commission sent subpoenas last week to virtual-currency venue Bitfinex and Tether..."

Last Week

So think about that, HODL, and BTFD

How low is this going to go, I wish people would man the fuck up & stop selling at th 1st sign of what looks like bad news.

Why won't they sell, if they can buy back later at a much cheaper price ?
people are treating btc as an investment, they want to make money, and cashout, no one treats btc as payment system, they don't care if it eventually succeeds or fails.
jojo69
Legendary
*
Offline Offline

Activity: 2660
Merit: 3726


1/21000000 , the only math you need to know


View Profile
January 30, 2018, 06:33:03 PM

the log line from July 15 is holding

so far just a wick under the 200 DEMA

If they cant break those with THIS news the bear is cooked.
Torque
Legendary
*
Offline Offline

Activity: 3066
Merit: 4206



View Profile
January 30, 2018, 06:33:14 PM

This is so transparent it is laughable.

The timing is pretty over the top...they really think we are that stupid...I suppose that fact in and of itself is a tradable data point.

It's gonna be pretty laughable when the opposite of what they expect happens, and their shorts get squeezed to hell from incoming buyers trying to BTFD.

Also, do they really think people don't know legal due process? A subpoena is nothing, no action happens immediately. You can lawyer up and kick the can on shit like that for months or even years.
STT
Legendary
*
Offline Offline

Activity: 3388
Merit: 1349


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
January 30, 2018, 06:33:49 PM


Are you even paying attention?

Have you heard of lightning network?  Of course, some of it is already being experimented upon... it could take many years before it is microtransacting on the level of visa... but it is in the works.

Also, you mention that you want to send big amounts of bitcoin around, and you know that the problem is not with big amounts, because in terms of percentage it is not bad, especially if you are getting into the several thousand dollars arena.

Finally, fees are low currently and transaction times are fast currently.

I just looked in my blockchain.info wallet, and it is showing $.12 for regular fees and $2.02 for priority.  Seems fairly reasonable to me, and you could take advantage of these low fees if you want to move money around, at this time.

I have heard of lightning network but its only segwit adresses I'm able to use currently to alleviate fees, I'm just talking about the reality of the situation and how that feeds back into market demand.   Of course I want them to advance the capability of crypto far more then it is now especially for micro transactions, until its usable we are all speculating perhaps a little too much and hence the price pulls back to a more steady area.

I'm pretty sure all my transactions are micro!   I'm not a whale sadly, if fees have fallen to $2 then thats way more realistic for most people to use BTC.    I swear they recently halved, I'll check the graph site I have bookmarked and post the fee structure/backlog as I think its relevant



I dont want to spike the guys site with traffic, pm if you want a link as he gives a few dynamics
podyx
Legendary
*
Offline Offline

Activity: 2338
Merit: 1035



View Profile
January 30, 2018, 06:38:08 PM

the log line from July 15 is holding

so far just a wick under the 200 DEMA

If they cant break those with THIS news the bear is cooked.

What news?
jojo69
Legendary
*
Offline Offline

Activity: 2660
Merit: 3726


1/21000000 , the only math you need to know


View Profile
January 30, 2018, 06:39:59 PM

the log line from July 15 is holding

so far just a wick under the 200 DEMA

If they cant break those with THIS news the bear is cooked.

What news?
Bitfinex/Tether subpoenaed
PoolMinor
Legendary
*
Offline Offline

Activity: 1839
Merit: 1324


XXXVII Fnord is toast without bread


View Profile
January 30, 2018, 06:40:02 PM

the log line from July 15 is holding

so far just a wick under the 200 DEMA

If they cant break those with THIS news the bear is cooked.

What news?

https://bitcointalk.org/index.php?topic=178336.msg29259444#msg29259444
Torque
Legendary
*
Offline Offline

Activity: 3066
Merit: 4206



View Profile
January 30, 2018, 06:40:20 PM

Quote
"We routinely receive legal process from law enforcement agents and regulators conducting investigations," Bitfinex and Tether said in a statement to Bloomberg. "It is our policy not to comment on any such requests."

routinely

Routinely: on an ongoing basis. Like all the fkn time.
fabiorem
Sr. Member
****
Offline Offline

Activity: 1400
Merit: 340


View Profile
January 30, 2018, 06:40:31 PM
Merited by BobLawblaw (1)

Tether is only 2.3 billion in a market of more than 500 billion.

Think about it for a minute.


jojo69
Legendary
*
Offline Offline

Activity: 2660
Merit: 3726


1/21000000 , the only math you need to know


View Profile
January 30, 2018, 06:43:44 PM

whew

got out of my ill-advised BCH position at break even by the skin of my teeth, thank goodness for this dump
Lopumbo
Full Member
***
Offline Offline

Activity: 196
Merit: 102


View Profile
January 30, 2018, 06:43:54 PM

Tether is only 2.3 billion in a market of more than 500 billion.

Think about it for a minute.

Think about 2.3 Billion of liquidity is going to be removed from 10 billion...
Think about that 20 Million $ can move the market by 5-10%, then a 2.3 Billion Market order (in the worst case) will move bitcoin where?
Sitarow
Legendary
*
Offline Offline

Activity: 1792
Merit: 1047



View Profile
January 30, 2018, 06:45:04 PM

Now that Bitcoin is gaining tracking traction by the old boy's expect to see more of these overlooked Loopholes plugged.

My only advice is to avoid exchanges that don't comply with common sense rules that crack down on fraud and other "market" exploits such as insider trading.
toknormal
Legendary
*
Offline Offline

Activity: 2954
Merit: 1187


View Profile
January 30, 2018, 06:45:41 PM


I blame the exchanges for the Tether nonsense.

They could have listed a genuine trustless, market backed fiat proxy such as BitUSD which would have been far more reliable and bullet proof than some corporate emperor's clothes crap like tether.
Biro Bob
Full Member
***
Offline Offline

Activity: 308
Merit: 146



View Profile
January 30, 2018, 06:46:18 PM
Merited by BobLawblaw (1), ErisDiscordia (1), RejectedBanana (1)

$1500 drop in 24 hours? Excellent!! Please let me know when the bottom is in so I can sell...
rezurect007
Jr. Member
*
Offline Offline

Activity: 70
Merit: 7


View Profile WWW
January 30, 2018, 06:46:21 PM
Last edit: January 30, 2018, 06:57:27 PM by rezurect007
Merited by ErisDiscordia (1)

1000 BTC wall @9500
Pages: « 1 ... 19241 19242 19243 19244 19245 19246 19247 19248 19249 19250 19251 19252 19253 19254 19255 19256 19257 19258 19259 19260 19261 19262 19263 19264 19265 19266 19267 19268 19269 19270 19271 19272 19273 19274 19275 19276 19277 19278 19279 19280 19281 19282 19283 19284 19285 19286 19287 19288 19289 19290 [19291] 19292 19293 19294 19295 19296 19297 19298 19299 19300 19301 19302 19303 19304 19305 19306 19307 19308 19309 19310 19311 19312 19313 19314 19315 19316 19317 19318 19319 19320 19321 19322 19323 19324 19325 19326 19327 19328 19329 19330 19331 19332 19333 19334 19335 19336 19337 19338 19339 19340 19341 ... 31635 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!