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Question: What happens first:
New ATH - 41 (70.7%)
<$60,000 - 17 (29.3%)
Total Voters: 58

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26354353 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. (174 posts by 3 users with 9 merit deleted.)
HairyMaclairy
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October 24, 2018, 06:41:43 PM
Last edit: October 24, 2018, 07:08:23 PM by HairyMaclairy

The amount of Tether in circulation has dramatically fallen as people cash it in for USD.  I think that’s a cancellation transaction, reducing amount of Tether from 2 billion to 1.5 billion.

Edit:  https://tether.to/upcoming-usdt-redemption-october-24th-2018/

Edit 2:   Some people saying sensible thing would be for BFX to buy its own Tether at a discount and burn it - risk free profit for them @ 2.5 cents on every dollar.
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HairyMaclairy
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October 24, 2018, 06:59:10 PM

This interpretation would have the bottom already in. I think it’s too early to call the bottom, but it’s possible that it is in.  But we are missing a high volume event to “seal” the bottom.  This make me think there is still one last crash event lurking out there.

cAPSLOCK
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October 24, 2018, 07:00:15 PM

Best line... (I don't know why)
"Him ask you may"

Related: Going on 6 days straight without a drop of alcohol.

Thinking of staying dry in Vegas over the weekend, for a change.

... and that's even with the price we're paying for VIP/bottle service for one of our club reservations this weekend. I'll just watch everyone else in our party get wrecked and stick to people-watching.

Can't remember a time I've been dry for this long.

Feels kinda good.

Know what I mean ?
 

Wow!  That's something!

I do know what you mean.  I am by no means anti beer/wine/whiskey, but I am old enough to have swollen my liver up with it, and see the difference when I quit drinking it.  I like it enough that I never want to be a slave to it.   But the further I go the more I realize that means not drinking all that much of it.

C'est la vie.  What's good for me might not be good for all... but I am glad to hear you are enjoying your dryness. Wink
HairyMaclairy
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October 24, 2018, 07:22:10 PM
Merited by cAPSLOCK (2), bones261 (1)

Thinking about this some more, if you can take $500 million Tether out of circulation and the Bitcoin price doesn’t move a cent = Bitfinexed’s theories have just been proved completely false.

That’s our proof that the 2017 bull market was organic and not a Bitfinex Tether bubble.
bitserve
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October 24, 2018, 07:34:42 PM

Thinking about this some more, if you can take $500 million Tether out of circulation and the Bitcoin price doesn’t move a cent = Bitfinexed’s theories have just been proved completely false.

That’s our proof that the 2017 bull market was organic and not a Bitfinex Tether bubble.

Who knows.... Maybe it *WAS* somehow. I mean, if they were backing USDT with BTC (and other crypto) instead of actual USD in the bank that would have contributed to the raise.... and also to the dump when they had to sell that crypto to back Tether with actual USD.

Anyway, in that case, it contributed to both the pump and dump and it maybe its effect is neutral already.

Also we know when they revoke the tokens but not when they take them out of circulation (ie. rebuy/hold it themselves) so it's hard to time the exact moment in which it really happened.
El duderino_
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October 24, 2018, 07:40:48 PM

My game today was as volatile as BTC in its good days like max up max down and ended OK up ( but LONG sideways hour that last hour....)
Overal Total 4 sessions = stash amount increased good...,so a quiet time from poker i think, a solid good month of Brain rest, and coming holliday days etc......
Now its time to actual be learning something about these strange internet codes that i own  Roll Eyes
For Guys with intrest and especially HATcarriers keep close look on the thread for a small game thats coming (last one for the year, pity nowbody had given any good idea  Undecided )
El duderino_
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October 24, 2018, 07:42:39 PM

Why do you think so? Don't you like humor? Or irony?)

It's neither.

It's a mellow-harshing shitpost.

so just woke up @the middle of the night for a shitpost as welRoll Eyes



 Grin  Grin
congratulations but Wink your already a legend
Haha THX ...... however LoooooooNg way till there, but f*** BTC isn’t going anywhere so neither am i Grin
Last of the V8s
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October 24, 2018, 07:44:15 PM

meanwhile in legacy today

bitserve
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October 24, 2018, 07:50:15 PM

Why do you think so? Don't you like humor? Or irony?)

It's neither.

It's a mellow-harshing shitpost.

so just woke up @the middle of the night for a shitpost as welRoll Eyes



 Grin  Grin
congratulations but Wink your already a legend
Haha THX ...... however LoooooooNg way till there, but f*** BTC isn’t going anywhere so neither am i Grin

Hey congrats Mic!!!

That deserves some good cocktails!! Cheers! Smiley
Wekkel
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yes


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October 24, 2018, 07:51:57 PM
Merited by El duderino_ (1)

This interpretation would have the bottom already in. I think it’s too early to call the bottom, but it’s possible that it is in.  But we are missing a high volume event to “seal” the bottom.  This make me think there is still one last crash event lurking out there.

https://preview.ibb.co/mO6eOA/3-FEE167-E-365-D-40-CA-B837-85-BD228-DCEF8.jpg

Last of the V8s
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October 24, 2018, 08:00:37 PM

^lol + wo merits
~
now it's our turn to dump?
Last of the V8s
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October 24, 2018, 08:08:21 PM

My game today was as volatile as BTC in its good days like max up max down and ended OK up ( but LONG sideways hour that last hour....)
Overal Total 4 sessions = stash amount increased good...,so a quiet time from poker i think, a solid good month of Brain rest, and coming holliday days etc......
Now its time to actual be learning something about these strange internet codes that i own  Roll Eyes
For Guys with intrest and especially HATcarriers keep close look on the thread for a small game thats coming (last one for the year, pity nowbody had given any good idea  Undecided )
maybe just do: guess the top or bottom for the next month?
Last of the V8s
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October 24, 2018, 08:28:53 PM

kurious
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October 24, 2018, 08:49:25 PM

Why does nobody want to send me hats Sad HairyMaclairy is the only one I can trust when it comes to market speculation and hats
brief survey of the #stateofthehats
Quote
Update 16 May 2018
 
Since we began exploring HATCoin, much has happened in the HAT and blockchain communities. It has now been decided that HATCoin will be postponed until the community size is large enough to revisit this initiative.

However, we still believe that the HAT Community should be stakeholders and shareholders of the HATDeX platform.  As such, we will be launching a crowd-funding initiative instead.

Please visit our crowd-funding site here.
Quote
The First Real-Time P2P
Crypto-Fiat Exchange for Everyone
HAT.Exchange allows users complete control over their crypto assets
and offers the opportunity to purchase crypto with regular currencies.

Please be aware of other sites and scammers attempting to represent HAT.Exchange.
Do not share your private keys with anyone, even HAT.Exchange personnel.
You can also download the manual which offers step-by-step
instructions on using the app.

https://twitter.com/Excellion/status/863222697735540736

Bah. There is only one true hatchain™  No pre-millinery, original mining, following the xhomerx10 white paper hat starting from the Hairy genesis hat.

And only those who wear the true HAT™ follow the truth.
El duderino_
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October 24, 2018, 08:58:03 PM

My game today was as volatile as BTC in its good days like max up max down and ended OK up ( but LONG sideways hour that last hour....)
Overal Total 4 sessions = stash amount increased good...,so a quiet time from poker i think, a solid good month of Brain rest, and coming holliday days etc......
Now its time to actual be learning something about these strange internet codes that i own  Roll Eyes
For Guys with intrest and especially HATcarriers keep close look on the thread for a small game thats coming (last one for the year, pity nowbody had given any good idea  Undecided )
maybe just do: guess the top or bottom for the next month?
Probably one of those 2 gonna make something today i am in a good mood......
Happy dayzzzz

Probably gonna be BULLISH guessing cause  just like it more
Last of the V8s
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October 24, 2018, 09:03:40 PM

https://theblockcrypto.com/tiny/bakkt-could-get-regulatory-green-light-for-its-futures-as-soon-as-next-week/
bitserve
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October 24, 2018, 09:03:52 PM

My game today was as volatile as BTC in its good days like max up max down and ended OK up ( but LONG sideways hour that last hour....)
Overal Total 4 sessions = stash amount increased good...,so a quiet time from poker i think, a solid good month of Brain rest, and coming holliday days etc......
Now its time to actual be learning something about these strange internet codes that i own  Roll Eyes
For Guys with intrest and especially HATcarriers keep close look on the thread for a small game thats coming (last one for the year, pity nowbody had given any good idea  Undecided )
maybe just do: guess the top or bottom for the next month?
Probably one of those 2 gonna make something today i am in a good mood......
Happy dayzzzz

Probably gonna be BULLISH guessing cause  just like it more

How about a game of when $10K is gonna be broken BEFORE end of year and if that doesn't happen the game resets and you can do another one in the future or whatever?
Last of the V8s
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October 24, 2018, 09:06:24 PM

It's a rough life at sea
RivAngE
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October 24, 2018, 09:10:21 PM

My game today was as volatile as BTC in its good days like max up max down and ended OK up ( but LONG sideways hour that last hour....)
Overal Total 4 sessions = stash amount increased good...,so a quiet time from poker i think, a solid good month of Brain rest, and coming holliday days etc......
Now its time to actual be learning something about these strange internet codes that i own  Roll Eyes
For Guys with intrest and especially HATcarriers keep close look on the thread for a small game thats coming (last one for the year, pity nowbody had given any good idea  Undecided )
maybe just do: guess the top or bottom for the next month?
Probably one of those 2 gonna make something today i am in a good mood......
Happy dayzzzz

Probably gonna be BULLISH guessing cause  just like it more

How about a game of when $10K is gonna be broken BEFORE end of year and if that doesn't happen the game resets and you can do another one in the future or whatever?


Don't we already have a poll for that? I mean... on top of this thread... and it resets every month (I think it's month)!
ivomm
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October 24, 2018, 09:21:04 PM

"Still, Bakkt's product is unique from the ones trading on CME and Cboe inasmuch as it is a physically-settled future, not a cash-settled one. That means traders, at the end of the contract lifespan, will receive a payout in bitcoin itself, not cash, if he or she is on the winning side of the bet."

If I understand it correctly, bakkt will buy real bictoins associated to each new contract. These bitcoins will just change hands, depending who is winning, and not be sold outside, thus creating a closed exchange. If this is so, these bitcoins will be removed from the exchanges, which will lead to an increase of the price.
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