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

[BTCMILLIONAIRE]

breakout

I still don't understand why that game was so addictive.

[1714197681]

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[1714197681]

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[1714197681]

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[Biodom]

Remind me NOT to invest in btc futures based ETF (when they come).
This is what happened to regulated, approved ETN:

https://finance.yahoo.com/news/market-experts-starting-see-parallels-financial-crisis-153200210.html

Reuters reported that the notes “were worth a combined $1.6 billion on Friday… But ended Tuesday at a more-than-92% discount to their closing value the prior day.”

Credit Suisse, which introduced the XIV fund in November 2010, announced on Tuesday that it would close the exchange traded fund (ETF) effective Feb. 21 and pay investors the cash value of their holdings, which could be close to nothing.

A sad story of XIV (what a name!).

[becoin]

This is a bubble now, right?

A ponzi.

I get the sinking suspicion Wall St controls the price now. I'm probably wrong, but I can't shake it.

I was suspicious too until yesterday. Today there is a clear decoupling between Dow and bitcoin.

[Biodom]

I get the sinking suspicion Wall St controls the price now. I'm probably wrong, but I can't shake it.

I was suspicious too until yesterday. Today there is a clear decoupling between Dow and bitcoin.

They don't have time for a side play when their livelihood is at stake.

[jojo69]

they are now reporting it as the largest liquidation in BTC history

[BlindMayorBitcorn]

I get the sinking suspicion Wall St controls the price now. I'm probably wrong, but I can't shake it.

I was suspicious too until yesterday. Today there is a clear decoupling between Dow and bitcoin.

They don't have time for a side play when their livelihood is at stake.

Always room for one more.

[Torque]

Remind me NOT to invest in btc futures based ETF (when they come).
This is what happened to regulated, approved ETN:

https://finance.yahoo.com/news/market-experts-starting-see-parallels-financial-crisis-153200210.html

Reuters reported that the notes “were worth a combined $1.6 billion on Friday… But ended Tuesday at a more-than-92% discount to their closing value the prior day.”

Credit Suisse, which introduced the XIV fund in November 2010, announced on Tuesday that it would close the exchange traded fund (ETF) effective Feb. 21 and pay investors the cash value of their holdings, which could be close to nothing.

A sad story of XIV (what a name!).

Quite literally the dumbest of the derivative fund world I've ever seen.

Should we create a fund that bets against the chance of natural disasters?

[jojo69]

lol

you guys seen the DOW?

[Last of the V8s]

Remind me NOT to invest in btc futures based ETF (when they come).
This is what happened to regulated, approved ETN:

https://finance.yahoo.com/news/market-experts-starting-see-parallels-financial-crisis-153200210.html

Reuters reported that the notes “were worth a combined $1.6 billion on Friday… But ended Tuesday at a more-than-92% discount to their closing value the prior day.”

Credit Suisse, which introduced the XIV fund in November 2010, announced on Tuesday that it would close the exchange traded fund (ETF) effective Feb. 21 and pay investors the cash value of their holdings, which could be close to nothing.

A sad story of XIV (what a name!).

Quite literally the dumbest of the derivative fund world I've ever seen.

Should we create a fund that bets against the chance of natural disasters?

But that would be soo unfair on the poor Brits. No natural disasters there for ~300 years.

Except well Mrs Figgins' horse did once get out, so that might count.

[Last of the V8s]

lol

you guys seen the DOW?

perfect giraffe is perfect

but

support or going in for the kill?

[Torque]

lol

you guys seen the DOW?

Yeah, pretty amusing.

I'm wondering how far down it has to go before the MSM and Wall Street actually start freaking out.

[Biodom]

lol

you guys seen the DOW?

Yeah, pretty amusing.

I'm wondering how far down it has to go before the MSM and Wall Street actually start freaking out.

They will bring it up, at least today, IMHO.
Freak out point at 200 MA (2539 on SP500?)

[Last of the V8s]

http://www.latimes.com/entertainment/movies/la-ca-bitcoin-movies-20180209-story.html#nt=oft13a-4gp1
Bitcoin promises filmmakers and writers tales of get-rich fever and cyber intrigue

This decentralization may change how many films are made, financed and distributed in an era of streaming and studio consolidation. Producer Scott Glassgold is teaming with XYZ Films and SingularDTV, a blockchain entertainment company, and others on "New Frontiers," a sci-fi adventure anthology that will be funded by cryptocurrency. The project, whose directors include Ruairi Robinson and Stephan Zlotescu, is scheduled to go into production in May. It will be distributed through blockchain, a technology that enables peer-to-peer networking.

[Deeyoh]

Yeah, the plunge protection team is working overtime.  The ultimate manipulation.

[jojo69]

lol

you guys seen the DOW?

Yeah, pretty amusing.

I'm wondering how far down it has to go before the MSM and Wall Street actually start freaking out.

I, for one, think it is time to start crushing the skulls of our neighbors and feasting on the tasty goo inside.

[bitcoinPsycho]

[Last of the V8s]

lol

you guys seen the DOW?

Yeah, pretty amusing.

I'm wondering how far down it has to go before the MSM and Wall Street actually start freaking out.

I, for one, think it is time to start crushing the skulls of our neighbors and feasting on the tasty goo inside.

wait the mexicans or the canadians?

[jojo69]

wait the mexicans or the canadians?

I was thinking about the asshole tweaker down the street...but you do you man

[Karartma1]

The Dow(n) Jones makes me guess that these are the last available tickets (BTCBTCBTC) to space.
The financial world as we know it must come to an end, it did not learn from 2008 and it never will.
Good things come to those who hold, they say

[xhomerx10]

lol

you guys seen the DOW?

Yeah, pretty amusing.

I'm wondering how far down it has to go before the MSM and Wall Street actually start freaking out.

I, for one, think it is time to start crushing the skulls of our neighbors and feasting on the tasty goo inside.