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

[Rosewater Foundation]

You guys play blindman's bluff until the cows come home. My eyes are wide open

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[explorer]

You guys play blindman's bluff until the cows come home. My eyes are wide open

BMB!  WAKE UP!  you're dreaming again.  Same nightmare as before?

[BTCMILLIONAIRE]

You guys play blindman's bluff until the cows come home. My eyes are wide open

When did you flip from hodl to panic? lol

[JayJuanGee]

Where do I sign up for a 65% discount sale?

The sale already happened.. .... don't you remember about 1 month ago -  $5,920?  Maybe you cannot remember because the sale was 70% rather than 65%?

You guys play blindman's bluff until the cows come home. My eyes are wide open

The chickens come home to roost...  

fuck the cow.  They can stay in the pastures and fend for themselves, or get eaten by bears.  

You guys play blindman's bluff until the cows come home. My eyes are wide open

When did you flip from hodl to panic? lol

If u did not get the memo, Rosewater is on constant trigger panic alert.  It's a full-time status for him, and any BTC price move of greater than 2.83% is going to nearly put him into the cupboards, with chocolate on his face.  Wait, is that chocolate?

[HairyMaclairy]

Here we are playing chicken with the old trendline again.    Magnets.  Its all done with magnets.  



Oh yeah, longs / shorts remain solidly bearish at 1.59.  No sign of a bounce yet.

On the Dark Forest chart, we continue to sit comfortably near the middle of the rolling foothills. 

[TERA2]

Was it all a glade?

[Rosewater Foundation]

You guys play blindman's bluff until the cows come home. My eyes are wide open

BMB!  WAKE UP!  you're dreaming again.  Same nightmare as before?

[HairyMaclairy]

Was it all a glade?

Why are you using the past tense?

[HairyMaclairy]

Oh good. Trump says gun violence is caused by video games. Glad we cleared that up.  Way to go, Republicans.

[Karartma1]

Was it all a glade?

Definitely.

This board is fun to read, a lot of different kind of information can be obtained here, plenty of very interesting topics, often not closely related to Bitcoin - analytics, retrospective views, news, opinions, old news which you never were aware about at the time, lots of other stuff.
At the very least, this thread is good to read to improve English skills, which suffer a lot while reading some other topics of this same forum  

Indeed I started to read this board to get price predictions, but then realized the predictions are the least interesting (and the least reliable too!!) part of discussions here . The rest is much more valuable.

Keep this up, guys!

P.S. And McAffee is indeed a random guy, btw. Doesn't seem trustworthy to me, honestly.

Worry not fellow.
We are with you until the very end of time.
Sometimes we bite, sometimes we party but most of the time we don't give a shit.
Welcome

Good Morning, by the way.

[BTCMILLIONAIRE]

Oh good. Trump says gun violence is caused by video games. Glad we cleared that up.  Way to go, Republicans.

Are three decades of gaming not enough or am I just not a real gamer until I go balls deep into sudoku?

Where do I sign up for a 65% discount sale?

The sale already happened.. .... don't you remember about 1 month ago -  $5,920?  Maybe you cannot remember because the sale was 70% rather than 65%?

Saleception please.

[HairyMaclairy]

Oh good. Trump says gun violence is caused by video games. Glad we cleared that up.  Way to go, Republicans.

Are three decades of gaming not enough or am I just not a real gamer until I go balls deep into sudoku?

Sudoku is at least a mitigating factor in homicide charges.

[Cassius]

You guys play blindman's bluff until the cows come home. My eyes are wide open

BMB!  WAKE UP!  you're dreaming again.  Same nightmare as before?

It's buff, not bluff. 'Buff' meaning a push/shove. Unless you also want to suggest that the market has been a 'damp squid' recently.

BTC was badly overbought at ~$20k. Gox coins just fed into the fall that was due already, and possibly catalysed the odd local drop. A buff in the right direction, if you like.

[samson]

I'm impressed how the market absorbed all those Goxx coins, especially at the 6k-7k range.

Bullish AF!

Yeah, but I believe that GOX started with 200k BTC, and over the past 3 months, they sold about 35k BTC.. which is hardly a blip in BTC's trading volume...  I think that there is fear about what they are going to do with the other 165k BTC, right?  Which I doubt that they are going to announce before they do anything, such as sell, right?

At this point the MtGox trustee has almost sold enough coins to cover the entire set of claims in JPY which were made back in 2014.

I believe this is what he needs to do to cover his companies ass, once he has funds to cover all claims he doesn't need to sell any more.

In fact there's a whole load of creditors who specifically don't want him to sell any more as we want the funds back in Bitcoin when the eventual payout comes.

[JayJuanGee]

I'm impressed how the market absorbed all those Goxx coins, especially at the 6k-7k range.

Bullish AF!

Yeah, but I believe that GOX started with 200k BTC, and over the past 3 months, they sold about 35k BTC.. which is hardly a blip in BTC's trading volume...  I think that there is fear about what they are going to do with the other 165k BTC, right?  Which I doubt that they are going to announce before they do anything, such as sell, right?

At this point the MtGox trustee has almost sold enough coins to cover the entire set of claims in JPY which were made back in 2014.

I believe this is what he needs to do to cover his companies ass, once he has funds to cover all claims he doesn't need to sell any more.

In fact there's a whole load of creditors who specifically don't want him to sell any more as we want the funds back in Bitcoin when the eventual payout comes.

Paying out in bitcoin seems to be the most fair to the extent that you had bitcoins there, and I am sure that there is a record of how your assets were held at the time that GOX went off line.    I know that it was also unfair because GOX went off line when the price for BTC was a bit more than $100 on GOX while it was something like $600 across other exchanges

There has to be some way to figure out fair distribution.  Even if you had 100 bitcoins and $1,000 on the exchange at the time that they closed, but if they say that in dollars they reimburse you 65% of your dollar holdings (which would be $650) and in bitcoins they reimburse you 38% of your bitcoin holdings (which would be 38 BTC), you would still come out in a much better position than if they convert all of that to some fiat value that is based on the GOX BTC price at the time of the closing, which was an artificially low price anyhow, even at that particular time.

[Last of the V8s]

I'm impressed how the market absorbed all those Goxx coins, especially at the 6k-7k range.

Bullish AF!

Yeah, but I believe that GOX started with 200k BTC, and over the past 3 months, they sold about 35k BTC.. which is hardly a blip in BTC's trading volume...  I think that there is fear about what they are going to do with the other 165k BTC, right?  Which I doubt that they are going to announce before they do anything, such as sell, right?

At this point the MtGox trustee has almost sold enough coins to cover the entire set of claims in JPY which were made back in 2014.

I believe this is what he needs to do to cover his companies ass, once he has funds to cover all claims he doesn't need to sell any more.

In fact there's a whole load of creditors who specifically don't want him to sell any more as we want the funds back in Bitcoin when the eventual payout comes.

Are the creditors going to sue the trustee for his negligence? (Not using OTC / bulk sellers etc.)

[kurious]

I'm impressed how the market absorbed all those Goxx coins, especially at the 6k-7k range.

Bullish AF!

Yeah, but I believe that GOX started with 200k BTC, and over the past 3 months, they sold about 35k BTC.. which is hardly a blip in BTC's trading volume...  I think that there is fear about what they are going to do with the other 165k BTC, right?  Which I doubt that they are going to announce before they do anything, such as sell, right?

At this point the MtGox trustee has almost sold enough coins to cover the entire set of claims in JPY which were made back in 2014.

I believe this is what he needs to do to cover his companies ass, once he has funds to cover all claims he doesn't need to sell any more.

In fact there's a whole load of creditors who specifically don't want him to sell any more as we want the funds back in Bitcoin when the eventual payout comes.

On the claim form the receiver specifically asked if you wanted to be paid back in USD, or Bitcoin.   When I heard it was all going to be done in USD I stopped following things.

Is it now at all realistic that the BTC will be paid back in actual BTC?  Even if it's a percentage of the BTC after costs, it would be far more significant than simply the full USD value of BTC in USD based upon the BTC value in fiat back then.

Any references appreciated, as I did specifically ask for repayment in BTC at the time I was asked. 

[lightfoot]

Back over 10k with 6k or so transactions. Looks like Bitcoin has shrugged off another bunch of weak hands.

Hodl.

[BitcoinResearcher18]

I have seen that there is a poll on top about the price predictions of users. Is there a poll each month and are the results of the polls saved somewhere? This data would be very valuable for my research and could grant some insight into the mechanisms that determine Bitcoin's price formation.

[HairyMaclairy]

What sort of person logs on and decides they are going to buy whatever the trolls are pumping in the troll box.