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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

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25818915 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.)
jojo69
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1/21000000 , the only math you need to know


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March 07, 2018, 04:49:35 PM

looks like a target of 9400
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Dakustaking76
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March 07, 2018, 04:50:52 PM

I think that bitcoin is done...

I am still a holder Ofcourse But this is not a good sign at Well....
zazzbg
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March 07, 2018, 04:51:31 PM

I think that bitcoin is done...

I am still a holder Ofcourse But this is not a good sign at Well....
Bitcoin is done because of... ?
LFC_Bitcoin
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1st licensed crypto casino; the future of gaming.


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March 07, 2018, 04:53:47 PM

I think that bitcoin is done...

I am still a holder Ofcourse But this is not a good sign at Well....

MelMan2002
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March 07, 2018, 04:55:48 PM

I don't know - I have a hard time believing that this is a reaction to the MtGox news.  I'm more inclined to believe that there is some insider information that we'll all learn about days/weeks/months later..
fabiorem
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March 07, 2018, 04:56:13 PM

For people to finally learn that price predictions are pure fine grade BS.

Or to not make investment decisions based on advice from random guys on a forum.

Take your pick  Wink


Is McAfee a random guy?

If price predictions are BS, what is the purpose of this board?
Torque
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March 07, 2018, 04:56:51 PM

Plummeting

Now not plummeting
jbreher
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lose: unfind ... loose: untight


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March 07, 2018, 04:58:22 PM

thoughts?

Depending on how that plays out I might even entertain the notion of rolling back segwit.

Huh

The MtGox bankruptcy settlement situation demonstrates one more time that The Law Is An Ass.

It is pretty well established in western law that such settlements be conducted on a cash basis. It seems the Japanese courts administering the MtGox deal will hew to this doctrine. As such, creditors will likely be 'made whole' [sic] by awarding them the Yen value of their MtGox accounts, calculated using the price of Bitcoin on the date of receivership.

Of course, BTC has appreciated exorbitantly since then. Given this, MtGox's residual BTC holdings are well in excess of its debts as calculated as per above. Indeed, the recent sale has generated enough fiat to 'make whole' [sic again] the creditors. After this, there remains ~$1.5 B USD worth of crypto in the MtGox coffers.

Again using the established legal protocols, this BTC will likely be considered the property not of MtGox creditors (i.e., after they have been 'made whole' [sic *3]), but of MtGox itself. While the picture is still cloudy, this may result in the rather perverse situation that Karpeles exits this process a very rich man.

The good news is that the required selling would seem to be over. The questionable news is the fate of the remaining funds (i.e. ~3x-4x more than sold so far) remains in limbo, and may be sold at any time, given case disposition. The Vonnegut-esqe news is that a single individual -- either corrupt, incompetent, or both, but clearly undeserving in any instance -- may end up a billionaire.

The Law Is An Ass.
fragout
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March 07, 2018, 05:00:04 PM

I don't know - I have a hard time believing that this is a reaction to the MtGox news.  I'm more inclined to believe that there is some insider information that we'll all learn about days/weeks/months later..

One would think that the Gox news was bullish as we are finding out after the fact and would explain the recent decline. Sure there is more selling to come from the trustee but those coins were always going to enter the market again at some point.
Ivor Biggun
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March 07, 2018, 05:01:48 PM

I don't know - I have a hard time believing that this is a reaction to the MtGox news.  I'm more inclined to believe that there is some insider information that we'll all learn about days/weeks/months later..

It's probably a whale trying to manipulate the market into panicking using a small dump after the gox coins news. Whales often wait for some big news, then try to move the market with a big sell or buy.
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March 07, 2018, 05:02:21 PM

Sure there is more selling to come from the trustee but those coins were always going to enter the market again at some point.

And the best part - the Mt. Gox account holders are likely to buy back their bitcoin with their money! I know I would.
Last of the V8s
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Be a bank


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March 07, 2018, 05:02:36 PM

inb4 Roger Ver is selling off a bit of btc to pump up the price of bcash for his weirdo conference https://www.satoshisvisionconference.com/ 23rd March
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March 07, 2018, 05:03:14 PM

Had a feeling that this would happen as it had rejected 11,600$ thrice during the recent price rally that is why I sold my Bitcoin into Fiat and is now waiting for this storm to calm down. But we should be calm in this situations as nothing comes good when we start panicking. The good thing is I am still holding Fiat and is waiting for it to recover before I start buying Bitcoin again.
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In Kano we trust


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March 07, 2018, 05:03:46 PM

inb4 Roger Ver is selling off a bit of btc to pump up the price of bcash for his weirdo conference https://www.satoshisvisionconference.com/ 23rd March

BTC -6.13%
BCH -10%
Last of the V8s
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Be a bank


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March 07, 2018, 05:08:22 PM

oh and Binance got hacked a bit
oh and BitMEX down
Jacques_Bittard
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.


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March 07, 2018, 05:08:37 PM

I think that bitcoin is done...

I am still a holder Ofcourse But this is not a good sign at Well....

Bitcoin has walked on thin ice for a long time already.
Bitcoin is a payment network with 5 million users and annual costs with around 5 billion $ just for the electricity and hardware (leaving out indirect service costs). That makes annual cost around 1000$ per bitcoin user a year. These costs are mostly paid by debt and high hopes of future value. When hope of irrational gains will start to crack, then the faith of debtors will start to crumble together with holders hope of bitcoins high future value. This will eventually create an avalanche that the world of finance hasn't seen yet. It's not a matter of "if", but "when".
zazzbg
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March 07, 2018, 05:11:48 PM

BTC Dominance: 42.2%
Raja_MBZ
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March 07, 2018, 05:12:07 PM

Hello bitcoin, please stop joking! I don't like such jokes!

*uninstalling delta & blockfolio*
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March 07, 2018, 05:13:47 PM

Pretty sure we lost 1k in price in less than 1 hour
LFC_Bitcoin
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March 07, 2018, 05:15:44 PM


Plummeting recommenced
Pages: « 1 ... 19708 19709 19710 19711 19712 19713 19714 19715 19716 19717 19718 19719 19720 19721 19722 19723 19724 19725 19726 19727 19728 19729 19730 19731 19732 19733 19734 19735 19736 19737 19738 19739 19740 19741 19742 19743 19744 19745 19746 19747 19748 19749 19750 19751 19752 19753 19754 19755 19756 19757 [19758] 19759 19760 19761 19762 19763 19764 19765 19766 19767 19768 19769 19770 19771 19772 19773 19774 19775 19776 19777 19778 19779 19780 19781 19782 19783 19784 19785 19786 19787 19788 19789 19790 19791 19792 19793 19794 19795 19796 19797 19798 19799 19800 19801 19802 19803 19804 19805 19806 19807 19808 ... 31395 »
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