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

[Derpinheimer2]

GOD DAMN BEARS

[Dakustaking76]

GOD DAMN BEARS

You damn right!!!!!
Fuckerssss

Again down the road!!!!!

[El duderino_]

Interesting to see these predictions for a rally post Consensus. I was going to sell a little bit to pay for Champions League Final tickets but I think I might use fiat for the tickets & flights. I don’t want to end up selling 0.5 bitcoin & miss a big pump.

mmmm champions league final can't wait as well

[infofront]

wtf is going on now?  
some 2k dumped on finex within 5 mins and its going on

さて、こんにちは、小林さん

Oh no!
Now we may go beerow 9 tousand dorar!

I raffed.

Alas, I have run out of merit to give for the month. Gave 'Goosens a whole bunch this cycle.

I got you bro.

[Agapios]

Help me with your thoughts on bitcoin futures.

In February I started to think if they are bad for bitcoin (because bitcoin remain bearish since introduction of futures).
Now i think they are bad, but probably not on extremely long turn. On extremely long term they are probably good (in years 2019, 2020)

But on short term (this year) i think bitcoin futures are bad. Why bad?
Because all the sudden people with a lot more money then those in crpyto can draw and earn money with hedging and drawing money from "little people with less experience". They wont take money from true hodlers who just hold, but bitcoin need new people in order to go up and up and crazy up, and experienced hedging companies could for quite some time draw price down and they have more knowledge whats and how much is needed to cause spikes down with help of futures.

Can someone help me dig out how much money is now in futures?
http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_quotes_globex.html
For may its i think 3000 contacts? now i wonder how much money is in that

If 1 contract 100 bitcoins? 900k USD? and there was  i think today 3000 buy/sell (or with other words 3000 combined going long + going short)
So 3000 times 900k usd = 2,7 billion USD in one day

Am i gettting this right ? i think not

[infofront]

If this is not bullish, I don't know what is:

Some of the biggest names on Wall Street are warming up to bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world.
The parent company of the New York Stock Exchange has been working on an online trading platform that would allow large investors to buy and hold bitcoin, according to emails and documents viewed by The New York Times and four people briefed on the effort who asked to remain anonymous because the plans were  still confidential.
....
Goldman will initially only be trading futures contracts linked to bitcoin’s price. But Goldman executives said they were looking at moving in the direction of buying and selling actual bitcoins.
The Intercontinental Exchange’s effort, if it pans out, could make bitcoin available to a much wider and more influential customer base, including other financial firms.
...

Read the whole NYT article at:

https://economictimes.indiatimes.com/markets/stocks/news/coming-soon-bitcoin-trades-on-wall-street/articleshow/64076979.cms

I am bullish and all for Wall Street warming up to bitcoin and getting in the game, but what are your thoughts on them manipulating the markets through the futures short and the regular trading for keeping bitcoin in a desired band yoyoing for months and years defeating the purpose of HODL for the regular folks?

Genuine question, this is my worry for the near future

Right now there aren't any viable fiat on-ramps for institutional investors, but that seems to be changing.

Also, I think they will want to dip their toes in the water by going long, at first.

Later down the line, there will be some yoyoing, and massive shorts. Ultimately though, Bitcoin is an idea who's time has come, and there's no way to stop it

[El duderino_]

wtf is going on now?  
some 2k dumped on finex within 5 mins and its going on

さて、こんにちは、小林さん

Oh no!
Now we may go beerow 9 tousand dorar!

I raffed.

Alas, I have run out of merit to give for the month. Gave 'Goosens a whole bunch this cycle.

as very MUCH,  thx for given me some sending around Smerit as well .....

[Neo_Coin]

 

[Ibian]

Remember that learn by playing game theory link from a while back? Well here is another, this time about social networks and how ideas spread: http://ncase.me/crowds/

Edit: Also fireflies http://ncase.me/fireflies/

[arklan]

now that's my kind of dedication to a joke.

[B1tUnl0ck3r]

the elon muskit virus is spreading !!!

Hey everyone, I recently did this video (https://www.youtube.com/watch?v=oPdnG03eI58) showing some of the recent Deception and Misdirection that the ZCash team has pushed on us all over the last 1.5 years and ofcoarse more recently over the last week with the announcement of the Z9.

....

another shit coin exposed, Zcash aka ZEC... and this one has still a billion dollar market valuation... what a shame, and when the centralized owner encountered some arguements, what did he do? he did a elon musk, and censored the great user whose post you can read in the quote. I hope the market will not support such trash... where to short it? there is an easy divided by 100 here... from 1 billion to 10 millions (which is way too much already for such a scam)... OPM really don't care...

and don't forget to hodl you profit in btc .  

[Neo_Coin]

[El duderino_]

QUICK list 12288 is finisht GOOD LUCK   WO's

16/04/2018 serveria.com
27/04/2018 BinaryReign
28/04/2018 Toxic2040
29/04/2018 BobLawblaw
30/04/2018 RayX12
05/05/2018 kaicrypzen
07/05/2018 InvoKing
08/05/2018 ChinkyEyes
13/05/2018 mfort312
15/05/2018 Paashaas
16/05/2018 player99
17/05/2018 bikerleszno
19/05/2018 Bitcoinaire
20/05/2018 willope
21/05/2018 rafanadal
22/05/2018 strawbs
24/05/2018 yonton
25/05/2018 JimboToronto
26/05/2018 Colonel Panic
29/05/2018 ivomm
30/05/2018 Lontonbit
31/05/2018 BTCMILLIONAIRE
01/06/2018 RoomBot
02/06/2018 rjclarke2000
03/06/2018 oblox
04/06/2018 wachtwoord
05/06/2018 Wekkel
08/06/2018 hisslyness
09/06/2018 LodisMcguire
11/06/2018 Raja_MBZ
12/06/2018 bitcoinPsycho
13/06/2018 erre
14/06/2018 vroom
15/06/2018 d_eddie
16/06/2018 coralreefer
18/06/2018 Robin,Hood
20/06/2018 rolling
22/06/2018 Biodom
23/06/2018 Dunkelheit667
25/06/2018 bones261
26/06/2018 Arriemoller
28/06/2018 klaaas
30/06/2018 DarkStar_
01/07/2018 o_e_l_e_o
02/07/2018 jojo69
03/07/2018 Karatma1
04/07/2018 Elwar
13/07/2018 sirazimuth
14/07/2018 Ludwig Von
21/07/2018 Lauda
22/07/2018 LFC_Bitcoin
26/07/2018 Icygreen
02/08/2018 fragout
03/08/2018 supremnoob
06/08/2018 cAPSLOCK
08/08/2018 infofront
10/08/2018 HairyMaclairy
15/08/2018 Phil_S
16/08/2018 Rosewater Foundation
17/08/2018 B1tUnl0ck3r
19/08/2018 Imbatman
21/08/2018 BitcoinBunny
27/08/2018 soullyG
28/08/2018 RealMachasm
29/08/2018 STT
04/09/2018 flynn
08/09/2018 xhomerx10
09/09/2018 vapourminer
11/09/2018 Dakustaking76
20/09/2018 Digigami
22/09/2018 Agapios
26/09/2018 itod
30/09/2018 DeathAngel
12/10/2018 IntroVert
15/10/2018 explorer
18/10/2018 Searing
26/10/2018 kurious
09/11/2018 fabiorem
15/11/2018 bitserve
20/11/2018 Globb0
22/11/2018 Last of the V8s
01/12/2018 Alexander_Z
07/03/2019 CoinCube
15/04/2019 Spaceman_Spiff_Original
20/06/2019 bitebits
13/12/2019 nikauforest
10/04/2020 yefi
05/09/2020 samson   
23/06/2021 fortune143             

[Rosewater Foundation]

[Derpinheimer2]

Good news! The bidwalls on bitfinex are real
Bad news! They're being eaten!  

EDIT: 9k broke, fresh 1k wall popped up at 8880 after dumping to 8870

Whale lords, save us from this mass of puny bears.

EDIT2: that wall was fake  

EDIT3: and now they came back with 700 at 8775 and 1000 at 8880

[RewFrew]

Good news! The bidwalls on bitfinex are real
Bad news! They're being eaten!  

EDIT: 9k broke, fresh 1k wall popped up at 8880 after dumping to 8870

Whale lords, save us from this mass of puny bears.

EDIT2: that wall was fake 

Lol, thats the same wall.

[Derpinheimer2]

Good news! The bidwalls on bitfinex are real
Bad news! They're being eaten!  

EDIT: 9k broke, fresh 1k wall popped up at 8880 after dumping to 8870

Whale lords, save us from this mass of puny bears.

EDIT2: that wall was fake 

Lol, thats the same wall.

Sorry?

[TERA2]

Dont worry. Theres still plenty of room for that last wave to 12-13k to manifest before the real drop.

[Torque]

In a bear market every news is bad news.
In a bull market every news is good news.

Just doesn't make sense.

Meanwhile in the stock market:

Company posts a quarterly loss, stock pumps +10%.
Company beats on earnings across the board, stock crashes -10%.

Just doesn't make sense.

[YourMother]

1 - After a month of bull market, the price dropped, and that because of the Gates/Warren FUD.
--- This type of juvenile FUD coming from pure ignorance and stupidity works only short term

2 - The price dropped even more because of Kobayashi moving more coins from the Gox wallets.
--- I'm actually glad that Kobayashi is selling the coins now and not on September like we all thought. The fact that he started moving coins again is a good sign, because not only did he sell them fast, but it's clear that the investors have bought most of the coins at 9-10k. The market participants are panicking over the mtgox wallet movements while the institutional investors are buying from both Kobayashi and the idiots who are panic selling

3 - Once the MtGox phase ends, we will enter in the biggest BTC bull market ever, fueled by the constant adoption, the lightning network and the next halving event. It won't stop until it saturates its full potential of serving billions of users.