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

[BlindMayorBitcorn]

I haven't owned a toaster for 20 years and have no plans for getting one.

I'm sorry. But how can you live without a toaster?? Serious question!

Nice avatar!

There have been many different rhythms to my life the past 20 years and very few of them required toast.  White bread gains the most by being toasted and I don't eat that.  Presently I'm out of the house before 5AM without eating breakfast.  My gf doesn't live with me, that is the biggest reason.

We live in very different worlds you and I.  

[findftp]

Gee, I almost forgot about my long position at finex...
Well, since it's already to late to take some action lets keep it there some months...

[marcus_of_augustus]

some interesting takeaways from the Digital Gold book:

• Wences Cesares had ~10% of his net worth in BTC at some point.
• Reid Hoffman, Peter Briger of fortress have significant positions.
• Ver has a market cornering amount of coin.
• Shrem was acquiring BTC for the Winklevoss Twins.
• Lot of circa 2012 businesses buffer coins were on Gox.

Just had a plow through myself.

I think the thing that surprised me the most was the amount of buying these heavyweights did on Gox, and on the open market too.

I would've expected them to be a bit more diligent and discrete in how they obtained the coins they did.

If we guess the amount of coins some of these people bought, and it must be in the hundreds of thousands, that tells us that the price at certain points was founded on the buying of less than ten people. 

yep ... bullish. What happens when couple of hundred heavy hitter investment funds decide it is time to place 1% risk-on in btc?

[necrita]

The book also mentions that Wences had an investment in Bitpay but doesn't believe that BTC transactions have to increase for it to be valuable.
He's betting purely on its store of value property.

[ChartBuddy]

Coin
Explanation

[megadeth]

holy shit guys. Satoshi is back.

What would I say to him?

Well, if one of the IMO less plausible theories of his identity is true, I'd say,

"Should have worn a seatbelt!"



(too soon?)

I'm not Nash!

not

[ChartBuddy]

Coin
Explanation

[abercrombie]

omg... bitcointalk.org is back.   all this time, I was wondering...  rum roll please... 


is crytpo done??  

[ChartBuddy]

Coin
Explanation

[Cconvert2G36]

...

is crytpo done??  

Confirmed. 

[ChartBuddy]

Coin
Explanation

[Wandererfromthenorth]

Big move postponed, there's more sideways to go through apparently.

Don't let this shit waste your life. Buy/go long at an undeniable break of the log trend line from the ATH or of a no-brainer trade setup like in 2012 after the long sideways or at september-october 2013. No point in blindly hodling. If you trade, look for shorting opportunities if it starts to break $210 with decent volume, the last support before the next free-fall.

If you ask me, whether it pumps first or not, it's gonna eventually go to double digits, where we'll see if this market is actually bound to reverse and see another bull market or slowly fade into obscurity.


Whatever you do, ignore the HODL FOMO "long term moon because VC money and because blockchains cure cancer" cultists, advising new investors (who have a far worse entry price than you) to hold something that is free falling it's not something to be proud of.
If you want to HODL knowing the risks it's your choice, just don't create a religion that will suck other people in and get them screwed out of it.

That kind of mentality is one of the reasons why this market is so unhealthy.

[ChartBuddy]

Coin
Explanation

[Fiat_Hodler]

damn holiday in the USA ... Need to wire money to an exchange to buy these cheap coins!!!

[DaRude]

...If you ask me...it's gonna eventually go to double digits...to hold something that is free falling...

Good thing that no one asked you  And WTF free falling? Have you even looked at the charts, we've pretty much been at the same price point for half a year. Go back in your corner 

[ChartBuddy]

Coin
Explanation

[mladen00]

...

is crytpo done??   

Confirmed. 

forum UP = price DOWN

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[madonnino]

...

is crytpo done??   

Confirmed. 

It's always the same story, bad news always grow the value of bitcoins, i haven't undestand why....