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

[cmacwiz]

damn I wish I had fiat to put into BTC right now.  Bank fraud headlines, Nasdaq trading on the blockchain and Lawsky's filthy paws taking a dip into crypto. I am going on vacation soon, hoping I return to a barren lunar landscape...

[ChartBuddy]

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[ChartBuddy]

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[kodtycoon]

someone has erected a pretty hefty wall on finex.

[Morecoin Freeman]

Yea seems like someone is trying to hold the price down by flashing ~700 coins.

Maybe the Four Punch Raiders are behind these shenanigans?

[kodtycoon]

Four punch raiders?

I'd say we are getting close to a big move..

[marcus_of_augustus]

Yea seems like someone is trying to hold the price down by flashing ~700 coins.

Same as it ever was since June '14, holding it down until all the wall st. insiders have loaded up. Lawsky's delay, delay, delay on the rulebook is keeping the institutions (client money) themselves out until they have "clarity" so same effect. When the insiders are loaded then regulation fog, FUD and downside manipulation all will suddenly disappear and the institutional pump begins.

[Cconvert2G36]

Four Punch Raiders. Confirmed.

[ChartBuddy]

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[Chef Ramsay]

snip, quack

You're ignored in a large fashion at this point but we've dealt w/ with others that would lol at your stance but also want more thoughts on their posts. Rand did so well tonight that I hope yall realize it and embark on a mission to make him Prez.

[ChartBuddy]

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[Cconvert2G36]

snip, quack

You're ignored in a large fashion at this point but we've dealt w/ with others that would lol at your stance but also want more thoughts on their posts. Rand did so well tonight that I hope yall realize it and embark on a mission to make him Prez.

Remember Ron Paul auditing the Fed and winning primaries? Oh yeah... 

[shmadz]

snip, quack

You're ignored in a large fashion at this point but we've dealt w/ with others that would lol at your stance but also want more thoughts on their posts. Rand did so well tonight that I hope yall realize it and embark on a mission to make him Prez.

Remember Ron Paul auditing the Fed and winning primaries? Oh yeah...  

Btw, anyone else think Satoshi timed the block halvings to coincide directly with the U.S. election cycle?

(Think about it, as much as we would like to pretend that the change in distribution is "priced in" we all saw the massive swing the last time block reward was cut in two. Next block halving should happen some few months before next election. Will bitcoin policy be part of some candidates platform?)

[ChartBuddy]

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[Cconvert2G36]

Btw, anyone else think Satoshi timed the block halvings to coincide directly with the U.S. election cycle?

(Think about it, as much as we would like to pretend that the change in distribution is "priced in" we all saw the massive swing the last time block reward was cut in two. Next block halving should happen some few months before next election. Will bitcoin policy be part of some candidates platform?)

Last time, the halving almost coincided with the arrival of asics. BTC was the main/only form of payment early on. I would bet this had more of an impact than the halving itself.

2016 halving will definitely be a different animal, as many mining operations are huge businesses, on fairly thin margins already, with efficiency being critical. 3600 to 1800 coins per day is a big difference in supply...

As far as the political angle? I don't think anybody running for office cares about our digital tokens too much yet.

[ChartBuddy]

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[shmadz]

Btw, anyone else think Satoshi timed the block halvings to coincide directly with the U.S. election cycle?

(Think about it, as much as we would like to pretend that the change in distribution is "priced in" we all saw the massive swing the last time block reward was cut in two. Next block halving should happen some few months before next election. Will bitcoin policy be part of some candidates platform?)

Last time, the halving almost coincided with the arrival of asics. BTC was the main/only form of payment early on. I would bet this had more of an impact than the halving itself.

2016 halving will definitely be a different animal, as many mining operations are huge businesses, on fairly thin margins already, with efficiency being critical. 3600 to 1800 coins per day is a big difference in supply...

As far as the political angle? I don't think anybody running for office cares about our digital tokens too much yet.

Totally agree, the Asics coming out possibly had larger effect than any political event (argument could be made for congress hearings)

I'm just saying that you don't model your distribution to get cut in half every four years just on the off chance that it might coincide with some technological breakthrough.

Rather, I'm suggesting that if you choose to have a disruptive halving of the rewards for your new crypto coin every four years,  there might be some other significant event that happens every four years that made you decide on that interval. And I'm not talking about the world cup  

[Cconvert2G36]

Totally agree, the Asics coming out possibly had larger effect than any political event (argument could be made for congress hearings)

I'm just saying that you don't model your distribution to get cut in half every four years just on the off chance that it might coincide with some technological breakthrough.

Rather, I'm suggesting that if you choose to have a disruptive halving of the rewards for your new crypto coin every four years,  there might be some other significant event that happens every four years that made you decide on that interval. And I'm not talking about the world cup  

Only Satoshi knows why 210,000 blocks per cycle, 6 per hour. I somehow doubt it was timed for the olympics... er, US presidential elections. 

[Morecoin Freeman]

Big walls on both sides. Battle of bulls and bears?

[Hunyadi]

Something is going to happen...