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

[gentlemand]

A reddit poster did some research that revealed a possible candidate for the bearwhale. The EU requires Bitstamp to give them a list of users that withdrew over €30k, and the EU makes that list public. The list only had one user that withdrew the amount of money the bearwhale made, so he's either that user, or never withdrew, or brought back in at lower prices and withdrew in Bitcoins.

The bearwhale is probably the VELIKA BRITANIJA BITCOIN SUB-FUND.

Blimey. I never knew any of that. And I cannae believe that the list is made public. Looks like I'll have to cash out my countless millions with several thousand dust coffee shop deals per day instead.

[Cconvert2G36]

A reddit poster did some research that revealed a possible candidate for the bearwhale. The EU requires Bitstamp to give them a list of users that withdrew over €30k, and the EU makes that list public. The list only had one user that withdrew the amount of money the bearwhale made, so he's either that user, or never withdrew, or brought back in at lower prices and withdrew in Bitcoins.

The bearwhale is probably the VELIKA BRITANIJA BITCOIN SUB-FUND.

Blimey. I never knew any of that. And I cannae believe that the list is made public. Looks like I'll have to cash out my countless millions with several thousand dust coffee shop deals per day instead.

Not on mah digital gold settlement network you won't.

[gentlemand]

Not on mah digital gold settlement network you won't.

Watch it and fume. I am DustWhale. Hear my roar. The small block psychos can kiss my blowhole.

[ChartBuddy]

Coin

Explanation

[natewelt]

Here comes the explosion. 305.55 on stamp

[Richy_T]

lol, look at this awkwardly forced push down.  

poor bears  

That's not a bear, it's a bull who hasn't finished loading up at the price he wants to pay.

[DieJohnny]

Here comes the explosion. 305.55 on stamp

I just think we are too early for major rally.... go ahead and prove me wrong satoshi

[billyjoeallen]

Not on mah digital gold settlement network you won't.

Watch it and fume. I am DustWhale. Hear my roar. The small block psychos can kiss my blowhole.

Quality post coming back. Bullish.  A million dollars worth of leveraged longs closed. Excellent. It explains why BFX is slightly below Stamp, but it's also a million less in leverage that would get force liquidated in a long squeeze. Shorts are up to 16K BTC, not enough (yet) to fuel a short squeeze.

This rally may still have legs.

[Blazin8888]

MICROSOFT CEO ON THE POWER OF AZURE CLOUD / ETH : ( TALKING TO TECH STUDENTS IN INDIA)   : https://youtu.be/hw00mtT9cLg

Is it really necessary to promote ETH here? I mean this is a Bitcoin speculation thread... I understand maybe one or two times promoting it, but I think you might be going a little too far with constant links and references to it.  

Interesting speech by CEO of Microsoft made in India ...to a bunch of IT students: https://youtu.be/hw00mtT9cLg   "Rich cloud infrastructure"  "In fact the way I decscribe it is, every device creates this exchaust of data, and the cloud and the power in the cloud can converge that into the fuel...and the intelligence that empowers every one of your experiences". - MICROSOFT AZURE. (quote starts at 5:19)

Another interesting interview made last month (get to know Microsoft and their future vision further): https://www.youtube.com/watch?v=8BourVzXU5o    (starts talking about power of AZURE at 7:00)

Paris Microsoft Enterprise group meeting interview: https://www.youtube.com/watch?v=LQ8Hiss2EkE      - shot back before Sataya was CEO -- Satya was responsible for building and running Microsoft's computing platforms, developer tools and cloud services. He and his team deliver the "Cloud OS." and was Rumored to be on the short list for CEO at this time, he shares his views on the future.

MICROSOFT AZURE CLOUD VIDEO: https://youtu.be/JJ44hEr5DFE


This all has to do with Bitcoin....this will all drive the price of BTC up in turn. Don't you see..its a win win win. The future of BTC is very bright and getting even brighter because of this.

The future is approaching fast my friends.... Stack those bitcoins now...and stack those Pyramids. (aka ETH)

[Cconvert2G36]

Yeah this ETH spam sure hasn't overstayed its welcome... pump ended 8 hrs ago.

[aminorex]

I don't see a reason why it should not continue to exceed my expectations during the rest of the week.  I had might as well up my stake.

Huh? You see no reason why it won't exceed your expectations? You expect your expectations to be exceeded? How does that work? 

It's called hasty induction.  Having seen that I was wrong, I conclude that I will be wronger.  
In real life I don't usually bet on it, because error bars.  But hey, this is bitcoin.  It's working for 30 bp so far.

[wutizurkwest]

I see the market finally made up its mind.  We were hovering around 2000 on Huobi and Okcoin, not sure if I'd call it resistance, the volumes were low, but some hesitation was expected.  Finally pushed through, paused at 2005, now seeing 2015-2020.  Where is the next major resistance, chart gurus?

What I don't understand is why there is a difference between the prices on these 2 exchanges and BTCC.  It's less than a percent, maybe enough that withdrawal fees are to blame.  But Bitfinex and Bitstamp are a good $10 lower than the exchange rate would suggest, even with fees factored in.  The last time I noticed a consistent spread between exchanges was with Gox.  I also don't believe the volumes on Huobi and Okcoin for a second, so I'm a little suspicious.

[billyjoeallen]

I see the market finally made up its mind.  We were hovering around 2000 on Huobi and Okcoin, not sure if I'd call it resistance, the volumes were low, but some hesitation was expected.  Finally pushed through, paused at 2005, now seeing 2015-2020.  Where is the next major resistance, chart gurus?

What I don't understand is why there is a difference between the prices on these 2 exchanges and BTCC.  It's less than a percent, maybe enough that withdrawal fees are to blame.  But Bitfinex and Bitstamp are a good $10 lower than the exchange rate would suggest, even with fees factored in.  The last time I noticed a consistent spread between exchanges was with Gox.  I also don't believe the volumes on Huobi and Okcoin for a second, so I'm a little suspicious.

Good observation, Newbie.  If coins were being moved out of China, (to fund a ponzi or to evade capital controls) we would expect to see a differential like this. After all, what good is Chinese fiat on a Chinese exchange good for (to us) except to buy coins back when the spread is smaller? 

[Room101]

Stopped paying any attention to BTC for a few months, nice to see my stash is back on the up and up. Need to buy a whole heap of PC gear when i visit USA in Jan, so please feel free to double bitcoin.

[ChartBuddy]

Coin

Explanation

[wutizurkwest]

I see the market finally made up its mind.  We were hovering around 2000 on Huobi and Okcoin, not sure if I'd call it resistance, the volumes were low, but some hesitation was expected.  Finally pushed through, paused at 2005, now seeing 2015-2020.  Where is the next major resistance, chart gurus?

What I don't understand is why there is a difference between the prices on these 2 exchanges and BTCC.  It's less than a percent, maybe enough that withdrawal fees are to blame.  But Bitfinex and Bitstamp are a good $10 lower than the exchange rate would suggest, even with fees factored in.  The last time I noticed a consistent spread between exchanges was with Gox.  I also don't believe the volumes on Huobi and Okcoin for a second, so I'm a little suspicious.

Good observation, Newbie.  If coins were being moved out of China, (to fund a ponzi or to evade capital controls) we would expect to see a differential like this. After all, what good is Chinese fiat on a Chinese exchange good for (to us) except to buy coins back when the spread is smaller? 

That makes sense, the coins are leaving China.  Possibly getting sold for Euros or USD, that would help maintain the difference.  Arbitration is not an option because it's hard to move RMB out of China.  Or harder, anyway.

[solitude]

Shorters / Bears are on suicide watch

you greedy kikes thought you'd make a buck shorting bitcoin forever

But now you sold, and the price just keeps rising, and now you hook-nosed kikes got burnt

get rekt you fucking faggots.

[dropt]

Shorters / Bears are on suicide watch

you greedy kikes thought you'd make a buck shorting bitcoin forever

But now you sold, and the price just keeps rising, and now you hook-nosed kikes got burnt

get rekt you fucking faggots.

LOL.  I can't say I don't echo some of that sentiment.  I don't mind traders going short if they also go long.

[JimboToronto]

... greedy kikes... hook-nosed kikes... fucking faggots.

[Cconvert2G36]

Shorters / Bears are on suicide watch

you greedy kikes thought you'd make a buck shorting bitcoin forever

But now you sold, and the price just keeps rising, and now you hook-nosed kikes got burnt

get rekt you fucking faggots.

Good job contributing to one of the most basic buttcoiner caricatures of us.