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

[fonzie]

eurozone in HELL this night.

EUROS

Oh god, this looks pretty bad. BTC/USD about to follow 

[phoenix1]

let me know when it's buy time. i have problems staying motivated to read the forum when i am not active. i been sitting on coins for over a year. trading is the only time i really can be motivated to be involved.

Well, it's nice to see you here again. I don't think there's much point in trading now before we get some big moves, so unless the price moves to below the low 210s or beyond the high 240s it's probably not much point in staring at the charts atm. For the last couple of weeks finex's volume has been hovering right above the 5k mark most of the time. Even bots can't be bothered. So, IMO just jump on the wagon when a direction is confirmed.

Spoken like a true lazy fat bastard  

Just a wafer thin mint sir?

https://www.youtube.com/watch?v=HJZPzQESq_0

[fonzie]

Dump your worthless tokens, buy some real money with it as it is still possbile.
You don´t have to suffer. Get reliefed of that cancer called Bitcoin. Enjoy life.

[Fatman3001]

Dump your worthless tokens, buy some real money with it as it is still possbile.
You don´t have to suffer. Get reliefed of that cancer called Bitcoin. Enjoy life.

[BayAreaCoins]

Statements from the Winklevoss twins soon?  They were just waiting on this Bitlic correct?

Hopefully they say they are moving their business out of NY.

Still thinking we see a bit of a bump this evening.

[spud21]

Statements from the Winklevoss twins soon?  They were just waiting on this Bitlic correct?

Hopefully they say they are moving their business out of NY.

Still thinking we see a bit of a bump this evening.

Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?

If they are I suppose it will take quite some time to process their application for a bitLicense.

[Fatman3001]

Statements from the Winklevoss twins soon?  They were just waiting on this Bitlic correct?

Hopefully they say they are moving their business out of NY.

Still thinking we see a bit of a bump this evening.

Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?

If they are I suppose it will take quite some time to process their application for a bitLicense.

I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).

[spud21]

Statements from the Winklevoss twins soon?  They were just waiting on this Bitlic correct?

Hopefully they say they are moving their business out of NY.

Still thinking we see a bit of a bump this evening.

Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?

If they are I suppose it will take quite some time to process their application for a bitLicense.

I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).

I haven't got a clue, but the bitLicense has taken so long to arrive that I'm dubious about how fast they will process applications for it. I suspect it might be at a snails pace, although I'm only guessing.

[phoenix1]

I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).

 

[aztecminer]

let me know when it's buy time. i have problems staying motivated to read the forum when i am not active. i been sitting on coins for over a year. trading is the only time i really can be motivated to be involved.

Well, it's nice to see you here again. I don't think there's much point in trading now before we get some big moves, so unless the price moves to below the low 210s or beyond the high 240s it's probably not much point in staring at the charts atm. For the last couple of weeks finex's volume has been hovering right above the 5k mark most of the time. Even bots can't be bothered. So, IMO just jump on the wagon when a direction is confirmed.

that probably why i haven't.. plus i wasn't able to buy anything for last couple months. and i wont trade with my stash. i dont have anything to trade with atm. i'm waiting on the summer chinese panic.

[aztecminer]

Dump your worthless tokens, buy some real money with it as it is still possbile.
You don´t have to suffer. Get reliefed of that cancer called Bitcoin. Enjoy life.

at this stage i pretty much forgot i even had a stash. seems pointless to sell. and i am sure i can hold out at least another year or two, most likely longer.

[Fatman3001]

Statements from the Winklevoss twins soon?  They were just waiting on this Bitlic correct?

Hopefully they say they are moving their business out of NY.

Still thinking we see a bit of a bump this evening.

Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?

If they are I suppose it will take quite some time to process their application for a bitLicense.

I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).

I haven't got a clue, but the bitLicense has taken so long to arrive that I'm dubious about how fast they will process applications for it. I suspect it might be at a snails pace, although I'm only guessing.

If they say the process costs 5k there's obviously a bit of work involved. I would be surprised if we saw it approved before sep-oct. But it looked like you can run your business while you're waiting for the application to be processed (I just can't find where I read that atm).

[gentlemand]

I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).

 

Poor wee thing. There's no way in hell the SEC would let the ETF run without an ironclad exchange.

I would've thought even the Winklevii themselves would've been cringing when they described the present set of exchanges they'd have to buy from.

'Well, there's this Bulgarian or Russian or Cyprus one. No one knows who runs it. You got this Slovenian one that's based out of a small box on a UK industrial estate. There's this Hong Kongy one that might using the code from an old site that raped its customers and claims to be in beta still. You've got Mt Gox which is the longest established... no, wait. Er, that's it.'

[spud21]

Statements from the Winklevoss twins soon?  They were just waiting on this Bitlic correct?

Hopefully they say they are moving their business out of NY.

Still thinking we see a bit of a bump this evening.

Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?

If they are I suppose it will take quite some time to process their application for a bitLicense.

I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).

I haven't got a clue, but the bitLicense has taken so long to arrive that I'm dubious about how fast they will process applications for it. I suspect it might be at a snails pace, although I'm only guessing.

If they say the process costs 5k there's obviously a bit of work involved. I would be surprised if we saw it approved before sep-oct. But it looked like you can run your business while you're waiting for the application to be processed (I just can't find where I read that atm).

The license text says businesses must apply within 45 days, and can carry on operating until they are either refused or given a license.

A Person already engaged in Virtual Currency Business Activity must apply for a license in accordance with
this Part within 45 days of the effective date of this regulation.  In doing so, such applicant shall be deemed in
compliance with the licensure requirements of this Part until it has been notified by the superintendent that its
application has been denied, in which case it shall immediately cease operating in this state and doing business
with New York State Residents.

[phoenix1]

I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).

 

Poor wee thing. There's no way in hell the SEC would let the ETF run without an ironclad exchange.

I would've thought even the Winklevii themselves would've been cringing when they described the present set of exchanges they'd have to buy from.

'Well, there's this Bulgarian or Russian or Cyprus one. No one knows who runs it. You got this Slovenian one that's based out of a small box on a UK industrial estate. There's this Hong Kongy one that might using the code from an old site that raped its customers and claims to be in beta still. You've got Mt Gox which is the longest established... no, wait. Er, that's it.'

Don't worry, it's a Google test droid for their self-driving motorbikes

EDIT : It has an embedded miner chip that captures all the imapct energy and hooks it up to the network. That crash was worth .0024BTC. Woulda been double if there was an explosion

[gentlemand]

Don't worry, it's a Google test droid for their self-driving motorbikes

Ah. Cool. Fuck him, then.

[ChartBuddy]

Coin
Explanation

[BlindMayorBitcorn]

Coin
Explanation

You're not helping.

[aztecminer]

...
at this stage i pretty much forgot i even had a stash. ...

That's a bad strategy.  Trust me, I know.
About 18 months ago, when the price was shooting up, I was glued to the charts.  Until my pro trader buddy said "you're wrecking your nerves, bro, BTC's a long-term investment!  Just forget about the price for a year or two."

Some friend, huh?

I hear ya. i'm not selling though. all my coins are stashed. i need to buy more so i can have some to trade with. i am mostly preparing for the economic collapse. i believe that is what its going to take before anything major happens. until then they will just keep doing the same stuff.

[Fatman3001]

FWIW I'm seriously thinking to cut my loose at $200. I want to be ready for $1xx.

This rift in the core developer camp is really starting to eat at me. I honestly don't know on what side of the debate I fall. I like Gavin, but tell me we're not becoming Ripple. Someone please tell me that.

Wasn't there some talk about an 8MB compromise? For regular users there is no "side" to take. If a hard fork lasts for more than a few hours we are really going to see both double and single digits. But they can't be that stupid.