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

[aztecminer]

is everyone ready for the summer chinese panic ??

[noobtrader]

is everyone ready for the summer chinese panic ??

not yet i think we still wait for gemini and SR last btc sales, then everyone can panic buy btc.

[luckygenough56]

i like to panic buy, this is my way

[dakota neat]

bitlicense is BIG, this is not some random pseudo mickey mouse news. bitcoin is taken serious by the fucking goverment. can't wait until it hits the mainstream media.

[alesx.onfire]

they feel bad for holders

[lyth0s]

https://www.youtube.com/watch?v=z8sNiawoG8o&feature=youtu.be

Bullish!

That is not entirely true. Sometimes (but rarely) they move very small amounts of bitcoin over to bitstamp: https://blockchain.info/tx/64fe5d31d163cf200729135ba2afb20a806415ee9d24122c52099671668b544f

But overall its very very small compared to the large volume of bitcoins they process daily. I have been tracking them for a few months and I had wondered where they were selling all of their bitcoins, but it appears although they move the coins to various address and they just sit there. I thought it was my own lack of chain analysis ability not being able to find where they sell them, but now we know that they do actually keep the majority of them.

It's even better that millionaires+ see the usefullness of bitcoin and want to add it to their own portfolios.

Good stuff

[LFC_Bitcoin]

bitlicense is BIG, this is not some random pseudo mickey mouse news. bitcoin is taken serious by the fucking goverment. can't wait until it hits the mainstream media.

Those of us who have HODL'd & bought whilst the price has been low for so long will have a good laugh at all the bears drowning in debt as the price rises.
Your time is over bears, submit to the rise of bitcoin, mainstream adoption is just around the corner.
COIN ETF & Gemini Exchange next then moon.

[lyth0s]

bitlicense is BIG, this is not some random pseudo mickey mouse news. bitcoin is taken serious by the fucking goverment. can't wait until it hits the mainstream media.

Those of us who have HODL'd & bought whilst the price has been low for so long will have a good laugh at all the bears drowning in debt as the price rises.
Your time is over bears, submit to the rise of bitcoin, mainstream adoption is just around the corner.
COIN ETF & Gemini Exchange next then moon.

The best part is the "conditioned shorters", the people that keep shorting at each new top, expecting price to go back down, will get hit the hardest and then call bitcoin a POS because they lost so much fiat. There used to be a guy named Newbie-something that made this mistake on a few of the run ups and lost his shirt.

Of course they will all claim that they "recovered their losses on volatility" in order to save their ego, but we all know that's BS

[Fakhoury]

they feel bad for holders

Who are "they" ?

[Fakhoury]

bitlicense is BIG, this is not some random pseudo mickey mouse news. bitcoin is taken serious by the fucking goverment. can't wait until it hits the mainstream media.

Yep.  More good news.  Like Mr. Buffett says, panic when others are hopeful.  Wise words.

LFC_Bitcoin, how much money have you lost on Bitcoin, up to and including today? You're not doing anything crazy like actually buying right now, are you?

If you don't mind, could you elaborate more Mr. Buffett's word as I didn't get it.

Thanks.

[Fakhoury]

bitlicense is BIG, this is not some random pseudo mickey mouse news. bitcoin is taken serious by the fucking goverment. can't wait until it hits the mainstream media.

Those of us who have HODL'd & bought whilst the price has been low for so long will have a good laugh at all the bears drowning in debt as the price rises.
Your time is over bears, submit to the rise of bitcoin, mainstream adoption is just around the corner.
COIN ETF & Gemini Exchange next then moon.

Bro, if you don't mind, what is "Coin ETF" ?

Thanks 

[barbs]

Just trying to figure out what I'm going to do with my millions

[phoenix1]

Can anyone tell me what it is in this final release of BitLicense that has changed so dramatically from the version that was vociferously objected to a few weeks ago? According to that speech 'not much'.
Banks may feel more comforatble with dealing with 'bitlicensed' companies, but can BitCompanies live with the license?
Genuine question, not trolling
If nothing significant has actually changed I can't see how this is anything new or why the market should react at all

'Unamended BitLicense, previously published, finally finalised, RALLY !!!  '

[LFC_Bitcoin]

bitlicense is BIG, this is not some random pseudo mickey mouse news. bitcoin is taken serious by the fucking goverment. can't wait until it hits the mainstream media.

Those of us who have HODL'd & bought whilst the price has been low for so long will have a good laugh at all the bears drowning in debt as the price rises.
Your time is over bears, submit to the rise of bitcoin, mainstream adoption is just around the corner.
COIN ETF & Gemini Exchange next then moon.

Bro, if you don't mind, what is "Coin ETF" ?

Thanks  

http://insidebitcoins.com/news/winklevoss-bitcoin-etf-still-on-track-in-addition-to-gemini-exchange/29373

What is an ETF?

ETF stands for exchange-traded fund, and is an investment fund that tracks an index, specific asset or basket of assets. Many aspects of the market are covered by ETFs. First introduced in 1989, ETFs are similar to index funds, but unlike index funds, ETFs can be bought and sold throughout the day on the stock exchange. They have low management fees, sometimes as low as 0.04%.

http://www.investopedia.com/articles/investing/041114/why-winklevoss-twins-new-bitcoin-etf-matters.asp

[alesx.onfire]

we just need to break our $300 chains

[dreamspark]

Exchanges show such a small part of the market. How many coins are traded back and forth on them compared to how many coins are held of exchanges. Once the price rises significantly and those coins are held by traders rather than traded all the time, liquidity dries up fast. Saying that I think we are a year or two away from another ATH.

[Fakhoury]

Just trying to figure out what I'm going to do with my millions

Through them to your bank, and live from the yearly profit = early retirment  

[gentlemand]

Can anyone tell me what it is in this final release of BitLicense that has changed so dramatically from the version that was vociferously objected to a few weeks ago? According to that speech 'not much'.

BURN THE HERETIC.

I can't remember. I think people are just pleased that something's here, it's not outrageously offensive and people who were holding back can now look forward.

No doubt it's going to screw a few people but perhaps reassure more.

[Fakhoury]

Exchanges show such a small part of the market. How many coins are traded back and forth on them compared to how many coins are held of exchanges. Once the price rises significantly and those coins are held by traders rather than traded all the time, liquidity dries up fast. Saying that I think we are a year or two away from another ATH.

If you don't mind, what is "ATH" ?

Thank you 

[spud21]

bitlicense is BIG, this is not some random pseudo mickey mouse news. bitcoin is taken serious by the fucking goverment. can't wait until it hits the mainstream media.

Those of us who have HODL'd & bought whilst the price has been low for so long will have a good laugh at all the bears drowning in debt as the price rises.
Your time is over bears, submit to the rise of bitcoin, mainstream adoption is just around the corner.
COIN ETF & Gemini Exchange next then moon.

Bro, if you don't mind, what is "Coin ETF" ?

Thanks 

An ETF is an exchange-traded fund, and the Coin ETF is a Bitcoin exchange-traded fund that the Winklevoss twins are trying to set up. I's a fund intended to hold Bitcoins which it represents as shares. You buy and sell the shares which are backed by Bitcoins.

An ETF removes the risks of holding Bitcoins for big traders and is insured.

The Winklevoss twins have been trying to get regulatory approval for over a year. They have applied to a government body called the SEC, and will probably also apply for a bitLicense.