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

[El duderino_]

Something is in the air.

Yeah, Q4 about to start....

[ðºÞæ]

.
Javascript Smart Contracts on Bitcoin.
https://youtu.be/CN8NfMBTx0U

[BCTinLOO]

Bakkt volume is now 18 BTC. We seem to be sort of dumping right now; currently observing ~$9850.

Testing support. Again.
This will be an interesting week, i guess...

Can someone educate me please. What is this Bakkt? A trading platform or sort ?

[600watt]

Bakkt volume is now 18 BTC. We seem to be sort of dumping right now; currently observing ~$9850.

Testing support. Again.
This will be an interesting week, i guess...

Can someone educate me please. What is this Bakkt? A trading platform or sort ?

you will find all relevant info here:

https://fortune.com/2019/09/20/bitcoin-futures-bakkt-launch/


for example:

The venture behind this effort to wed tradition and disruption, to bring blue-chip asset managers off the sidelines to embrace crypto-currencies, is Bakkt, so-called because it's "backed" by majority owner Intercontinental Exchange. ICE is the $52 billion-market-cap trading colossus that owns the NYSE; NYSE Arca, the world's largest platform for ETFs; ICE Futures U.S., one of the world's dominant players in agricultural commodities; and ICE Futures Europe, home of the Brent crude contract that's the leading benchmark for world oil prices. Bakkt is the brainchild of ICE's founder and CEO, Jeff Sprecher, long the leading figure in the transformation of major exchanges from open-outcry venues dominated by rowdy floor brokers to today's electronic marketplaces.

[realr0ach]

12 trades on bakkt in 6 hours ... assuming this represents current genuine institutional demand (no spoofing, specs, etc) then 1 Mbyte blocks is just fine for the foreseeable future.

Bitcoin is priced to perfection where the market somehow assumes it scales to infinity.  Once everyone finds out Lightning Network is a complete garbage, exact recreation of the already existing banking system, permissioned ledger scam that nobody will ever use, and on-chain scaling is also garbage, the price in any reality based world should completely implode.  With 'efficient market hypothesis', it already even should have done so.  So you can tell what I say about this entire thing being one big fucking scam propped up by a single entity using Bitfinex and Tethers to rig the price being true.

[El duderino_]

wtf is goin on here.....

A Hat thing.....

[vroom]

the bakkt start went much better then the CME futures start

will we see a relief rally?

[El duderino_]

Bitcoin is now part of the macro landscape. There should be no more debate about this fact. Top 30 largest world currencies by market cap and growing at the fastest rate of them all. Great chart. I will retweet every time btc moves up a notch in the rankings.


https://twitter.com/DTAPCAP/status/1176054567961812993?s=20

[El duderino_]

Inspired by Edwin Abbott’s satirical novel ‘Flatland’, ‘Squaring the Circle’ is the first in Troika’s series of perspective sculpture that is perceived in correlation to the position of the observer [more, 2013: https://buff.ly/2LG9D5U]

https://twitter.com/Rainmaker1973/status/1175663652302655488?s=20

^
OT, but this is very cool imo

[El duderino_]

The memes already are funny....

But still the impact will come

[Last of the V8s]

^^bent metal pipes - so hot right now

^not hot right now: bakkt. honey badger doesn't care

honey badger has other concerns: this marketing manager ... https://www.instagram.com/p/B2KwfWnACzQ/



... slowly being starved to death by her bff https://twitter.com/LinaSeiche/status/1175800005069811713?s=20

[Last of the V8s]

I would merit your posts, mic, but I've run out of merits.
I mean I don't care of course.
No one cares about merits.
I am not obsessed with merits.

[nikauforest]

I think Whales are lurking at 10k. Up or down? I think they want cheap coins. If they push it down it won't last long IMHO.

[El duderino_]

I would merit your posts, mic, but I've run out of merits.
I mean I don't care of course.
No one cares about merits.
I am not obsessed with merits.

And then one said..... we are all obsessed with merit....

[Last of the V8s]

what idiot would say that?
no no no it's just to be able give them out, see?
rank people like eddie up for his haiku contributions to bitcoin sharing his trading

[El duderino_]

what idiot would say that?
no no no it's just to be able give them out, see?
rank people like eddie up for his haiku contributions to bitcoin sharing his trading

[LFC_Bitcoin]

I would merit your posts, mic, but I've run out of merits.
I mean I don't care of course.
No one cares about merits.
I am not obsessed with merits.

Let me be of assistance, kind Sir!

[El duderino_]

I would merit your posts, mic, but I've run out of merits.
I mean I don't care of course.
No one cares about merits.
I am not obsessed with merits.

Let me be of assistance, kind Sir!

That was an oil drup on a hot plate

[Last of the V8s]

Thank you so much my dear LFC!

[Globb0]

If I was a powerful wizard with a magic scepter that could enslave mortal Central Bankers and put them under my spell, I would use this scepter to make the Fed print lots of money and call it POMO, OMO, QE, and lower interest rates to near zero. This would inevitably send my Bitcoin to 1 million usd each and beyond and make me a fabulously wealthy Wizard. Unfortunately I dont have this scepter, but bc Im a lucky SOB the Fed is fulfilling my fantasies by doing this of their own free will.

Damn plot twist, I thought you were going to make them give it all back  to the people