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

[ChartBuddy]

Coin
Explanation

[yefi]

anyone else notice that the recent bottom in price, 'so-called market cap (value of total coins issued) was also a test of the market cap at old ATH $266 price ~$2.5 bill.?

Seems like that will have made a very solid bottom (I'm calling it a top for the current crop of fiat currencies).

So, as more coins are mined, we can keep hitting lower lows without reaching a lower 'market cap' ... interesting, never thought about it like that before

It's an interesting observation, but aren't bottoms about the psychology of the players, i.e. that they missed their opportunity for accumulation at level x.

[fonzie]

INCA you are nothing else than a bull scammer. An honest upright bull would prefer to see a sustainable growth.
But bull scammers like you are just waiting for a quick pump and dump short squeeze to unload their bags to the next bigger fool.
I am dissapointed.
Bitcoin would be better off without scammers like you.  

Says probably the 2nd biggest troll on the site..

Finex:
Shorts 20,464
Longs 14.9m USD

Keep trying bears

Keep trying inca  
Finex Shorts: 4.46 m USD (or 20464 BTC)
Longs: 14.9 m USD (or 68348 BTC)

Would you please stop trying to scam people into the BTC trap with your flawed math interpretations? THX

[NotLambchop]

Hey guys, fix your Bitcoin, it's broken again



ty

[Fatman3001]

^

Oh, another one that thinks that the population of Greece will adopt bitcoin. Haha!

Actually I think the majority of Greeks will be pimping out their daughters for cans of Spam, but a few will make out like bandits just like the Rooskies who bought up all those formerly state-owned businesses when shares were trading for pennies and then later became oligarchs.

Greece's new finmin is a socialist moron. I have zero hope the new Greek government will be anything but hostile to crypto. The beauty is it doesn't matter in the slightest. The laws of economics cannot be repealed by legislative fiat.

Yanis Varoufakis about financial system :

https://www.youtube.com/watch?v=iVxaTC7Qp44

I think he isn't so stupid..

Then you're stupid. He's claiming Greece has a solvency problem rather than a liquidity problem. No shit. A first year accounting student at a junior college could tell you that. But a doctor has to do more than just diagnose and his proposed prescription is poison.

Anyhew, at the end of the video he makes a comment that is relevant for anyone who feels the need to defend Bitcoin vs fiat:

https://www.youtube.com/watch?feature=player_detailpage&v=iVxaTC7Qp44#t=5578

I hope the timestamp works, if not it's at 1:32:58.

[WeltMaster]

Hey guys, fix your Bitcoin, it's broken again



ty

btcwisdom is working fine here.

client side error?


i don't think you'd want to watch anyway

[Morecoin Freeman]

Bears getting smashed.

[inca]

Walls retreating :p

[luckygenough56]

that's it : bitcoin is now a stable currency


lololol

[inca]

Off to bed as we look like we retake the 220's.. maybe

[Fatman3001]

fnittfnatt

btcwisdom is working fine here.

client side error?


i don't think you'd want to watch anyway

Turns out lambie can't use computers, no wonder he's so envious of bitcoiners.

[Sitarow]

8:48PM EST

[boogi]

Hey guys, fix your Bitcoin, it's broken again



ty

im getting this aswell.

plz halp

[Erdogan]

Pump!!! a whole dollar!!

[abercrombie]

One small step for man, one giant leap for Bitcoin... 

[ChartBuddy]

Coin
Explanation

[billyjoeallen]

^

Oh, another one that thinks that the population of Greece will adopt bitcoin. Haha!

Actually I think the majority of Greeks will be pimping out their daughters for cans of Spam, but a few will make out like bandits just like the Rooskies who bought up all those formerly state-owned businesses when shares were trading for pennies and then later became oligarchs.

Greece's new finmin is a socialist moron. I have zero hope the new Greek government will be anything but hostile to crypto. The beauty is it doesn't matter in the slightest. The laws of economics cannot be repealed by legislative fiat.

Yanis Varoufakis about financial system :

https://www.youtube.com/watch?v=iVxaTC7Qp44

I think he isn't so stupid..

Then you're stupid. He's claiming Greece has a solvency problem rather than a liquidity problem. No shit. A first year accounting student at a junior college could tell you that. But a doctor has to do more than just diagnose and his proposed prescription is poison.

Anyhew, at the end of the video he makes a comment that is relevant for anyone who feels the need to defend Bitcoin vs fiat:

https://www.youtube.com/watch?feature=player_detailpage&v=iVxaTC7Qp44#t=5578

I hope the timestamp works, if not it's at 1:32:58.

Lemme save you the time. He says that money only has value because we believe it has value. I suppose that's true in a certain context but useless. Economics professors (he's a prof) only have value because we believe they have value also. What determines MARKET value for anything is supply and demand and what determines the value of something to an individual is marginal utility. Any Econ Prof worth his salt will tell you that the first week of Econ 101.

[WeltMaster]

$220!

[damiano]

$220!

Hmm seems like it's not going to be that easy.

They putting up a fight

[WeltMaster]

$220!

Hmm seems like it's not going to be that easy.

They putting up a fight

Resistance only makes my dick harder

The bottom is in