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

[BayAreaCoins]

I just bought, so, probably going down.

Futures appear to be moving up.

Probably a good buy short and long term buy.

GL

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[samsonn25]

Well, I'm bullish, as well. But we could really go either way from here. We may be in for a big bear trap, as well. Going down to re-test $150 is a definite possibility now, but we could be at $400 and counting in a matter of weeks, as well. Could really go either way...

Lots of resistance $260-270.  If it breaks though can go to $320

[kodtycoon]

GL, where are you looking at futures charts?

[samsonn25]

where are lamb chop, Stolfi, fewcoins and others nowhere but down people now?

ShoormKit!

Samsonn25 was saying last week a base was building at 205, and was way undersold from the daily EMA.

[BayAreaCoins]

GL, where are you looking at futures charts?

I use OKCoin.  

I think you may have to have an account.

[kodtycoon]

GL, where are you looking at futures charts?

I use OKCoin.  

I think you may have to have an account.

is this the right one?

https://cryptowat.ch/okcoin/btcusd-weekly-futures/

[BayAreaCoins]

GL, where are you looking at futures charts?

I use OKCoin.  

I think you may have to have an account.

is this the right one?

https://cryptowat.ch/okcoin/btcusd-weekly-futures/

Correct!

[kodtycoon]

ty.

[YourMother]

I just bought, so, probably going down.

Congratulation for buying at the top of the latest pathetic pump.

[jaberwock]

I just bought, so, probably going down.

Congratulation for buying at the top of the latest pathetic pump.

when do you think pump will be over and we will return the dump phase?

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[pjviitas]

1w charts still pointing down

[Omikifuse]

I give it a maximum of 36 hours before we go down again.

Where are my cheap coins?

I sold my house, all my kittens and dogs and my wife ti buy cheap bitcoins, and now they are even more expensive

[Sitarow]

http://www.theverge.com/2015/1/23/7878351/winklevoss-gemini-bitcoin-exchange

News is going mainstream.

"Gemini has also picked up the backing of a New York-based bank, though the twins aren't getting more specific than that. "This means that your money will never leave the country," said Winklevoss. And US currency on Gemini will qualify for FDIC insurance, a measure that should have investors confident that funds will be "as safe and secure as they are in your bank account today."

[Omikifuse]

http://www.theverge.com/2015/1/23/7878351/winklevoss-gemini-bitcoin-exchange

News is going mainstream.

"Gemini has also picked up the backing of a New York-based bank, though the twins aren't getting more specific than that. "This means that your money will never leave the country," said Winklevoss. And US currency on Gemini will qualify for FDIC insurance, a measure that should have investors confident that funds will be "as safe and secure as they are in your bank account today."

Why is only theverge publishing it?

Nothing on coindesk crypto news etc, and nothing about it in any reputable media.

[kodtycoon]

down we go

[Sitarow]

http://www.theverge.com/2015/1/23/7878351/winklevoss-gemini-bitcoin-exchange

News is going mainstream.

"Gemini has also picked up the backing of a New York-based bank, though the twins aren't getting more specific than that. "This means that your money will never leave the country," said Winklevoss. And US currency on Gemini will qualify for FDIC insurance, a measure that should have investors confident that funds will be "as safe and secure as they are in your bank account today."

Why is only theverge publishing it?

Nothing on coindesk crypto news etc, and nothing about it in any reputable media.

Its going places .... Coindesk was one of the first to publish.

Winklevoss Twins Plan Regulated US Bitcoin Exchange
Jon Southurst (@southtopia) | Published on January 23, 2015 at 10:40 GMT
http://www.coindesk.com/winklevoss-twins-plan-regulated-us-bitcoin-exchange

"Chief compliance officer for the new exchange is Michael Breu, former head of information security in the research department at hedge fund Bridgewater Associates. Chief security officer Cem Paya comes from the same position at Airbnb.

Due to its banking partnership, dollars kept on Gemini will be eligible for FDIC (Federal Deposit Insurance Corporation) insurance and are as "safe and secure as they are in your bank account today", the exchange claims."

[relm9]

http://www.theverge.com/2015/1/23/7878351/winklevoss-gemini-bitcoin-exchange

News is going mainstream.

"Gemini has also picked up the backing of a New York-based bank, though the twins aren't getting more specific than that. "This means that your money will never leave the country," said Winklevoss. And US currency on Gemini will qualify for FDIC insurance, a measure that should have investors confident that funds will be "as safe and secure as they are in your bank account today."

Why is only theverge publishing it?

Nothing on coindesk crypto news etc, and nothing about it in any reputable media.

Eh, it was on NYT and Reuters... is that reputable enough for you?

http://dealbook.nytimes.com/2015/01/23/morning-agenda-winklevosses-plan-bitcoin-exchange/?_r=0
http://www.reuters.com/article/2015/01/23/us-usa-bitcoin-idUSKBN0KW0BN20150123

[Omikifuse]

http://www.theverge.com/2015/1/23/7878351/winklevoss-gemini-bitcoin-exchange

News is going mainstream.

"Gemini has also picked up the backing of a New York-based bank, though the twins aren't getting more specific than that. "This means that your money will never leave the country," said Winklevoss. And US currency on Gemini will qualify for FDIC insurance, a measure that should have investors confident that funds will be "as safe and secure as they are in your bank account today."

Why is only theverge publishing it?

Nothing on coindesk crypto news etc, and nothing about it in any reputable media.

Eh, it was on NYT and Reuters... is that reputable enough for you?

http://dealbook.nytimes.com/2015/01/23/morning-agenda-winklevosses-plan-bitcoin-exchange/?_r=0
http://www.reuters.com/article/2015/01/23/us-usa-bitcoin-idUSKBN0KW0BN20150123

Sorry, I missed all these sites.

Seems legit news(95% odd) right now

[JorgeStolfi]

Due to its banking partnership, dollars kept on Gemini will be eligible for FDIC (Federal Deposit Insurance Corporation) insurance and are as "safe and secure as they are in your bank account today", the exchange claims."

Hmm... FDIC only insures bank deposits against bank failures, isn't that so? 

If the clients' dollar deposits are stored in a single bank account, in the name of Gemini (as most exchanges do), the FDIC will not insure the clients against Genesis screwing it up (as MtGOX did).  Isn't that so?