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

[ssmc2]

Week-end dips are so 2013 ...

2016 is the new 2013

[Morecoin Freeman]

I still need 13.5 more before I'll be back where I was though, like I said a couple days ago, if anyone is feeling generous, I feel I'm a deserving candidate after my recent bad luck, for real, very for real 

What happened?

I'm afraid to say in very much detail, because I have a lawyer, and you know how they are, they always recommend you don't talk too much about stuff to anyone. But long story short, I had to cash out all of my bitcoins at $238 to pay for the lawyer, but before that I was strictly hodler since 2013, average buy-in for me was $88.. This to me feels like the launch to the moon I've been waiting for ever since the fall from almost $1200 

Ah okay, you did good with your buys I see. Averaging at $88 is really good.

You will get back in bitcoin again at some point for a fair price. Best of luck.

[gentlemand]

funny to see how the volume at gemini completely dies at the weekend

They're all celebrating at their Hamptons beach houses after making figures of up to $1000 this week trading BTC there.

[koryu]

finex back to 318 easy going

[ImI]

funny to see how the volume at gemini completely dies at the weekend

They're all celebrating at their Hamptons beach houses after making figures of up to $1000 this week trading BTC there.

they had nearly 2000 BTC  daily volume this week, not that bad.

[Spider-Carnage]

@BinaryReign, good luck with whatever you needed that lawyer for. Hopefully you can score some sweet pre-halving prices sometime after this most recent rally.

[r0ach]

China wants to converge at 2150 yuan ($340) and that's exactly where the price is.  America will need to be dragged there.

[Omikifuse]

lel

MMM is in PAUSE mode. no more withdrawals.

https://www.youtube.com/watch?v=hW3i2FKt3Wg&feature=youtu.be

They are a ponzy style scam, like many others that died or are about to die.

I don't think it will affect the price, unless they stole lots of money and will dump all at once

[dothebeats]

funny to see how the volume at gemini completely dies at the weekend

Gemini performed well this week. Not bad for a completely new exchange.

[2legit2]

the price is crashing unfortunately feeling sad right now

[Dotto]

And china +30$??

Surrealist

I think it is an error with the Bitcoinwisdom conversion rate.

Impossible such gap be maintained for so long

Nope , not an error with the conversion rate. That gap is real. It's totally fucked up and weird , but it's real. Don't trust me , just check the current CNY USD rate anywhere on the web , then do some basic math , and you can see for yourself it is totally spot on with what bitcoinwisdom is showing. My guess is , traders on finex stamp coinbase etc at this point collectively do not trust the huobi okcoin btcchina etc rates to not be artificially inflated , and so they're actively buffering the price with a ~$20-30 gap at the moment. That , or traders are anticipating a severe devaluation of the CNY in the next couple days and are unwilling to risk any amount of time being in CNY instead of USD or EUR , therefore arbitrage is not happening at a high enough volume to bring the exchanges into line with one another. Still , it's totally nuts that arbitragers haven't brought the interexchange rates into sync by now.

This sound spot on. And great explanation, by the way. Thanks

[!! pop]

...
http://stream1.gifsoup.com/view1/1935558/project-orion-o.gif

Is that about Project Orion?

No, of course not.

It's about something completely different that wasn't a flop.

Not a flop, shifting priorities/nuclear test bans etc. Here's some 50s footage w/conventional explosives: https://youtu.be/Pcidu6ppcFg?t=437
And BBC's meh sorta-documentary: https://youtu.be/yxMKwxO0oU0?t=72
Looks similar, no?

[ChartBuddy]

Coin

Explanation

[Denker]

the price is crashing unfortunately feeling sad right now

Ahhmm no!We had been at 309 before and are at 314 now. The baby is fighting strong!

[Fatman3001]

...

Is that about Project Orion?

No, of course not.

It's about something completely different that wasn't a flop.

Not a flop, shifting priorities/nuclear test bans etc. Here's some 50s footage w/conventional explosives: https://youtu.be/Pcidu6ppcFg?t=437
And BBC's meh sorta-documentary: https://youtu.be/yxMKwxO0oU0?t=72
Looks similar, no?

I know what it is. It's the coolest project in the history of mankind.

But "noooooo, we can't propel a vessel by a series of nuclear explosions, that's bad PR". Pansies.

[LFC_Bitcoin]

the price is crashing unfortunately feeling sad right now

Ahhmm no!We had been at 309 before and are at 314 now. The baby is fighting strong!

Certain types of bear are an endangered species.

[r0ach]

This is insane, China holding $340 with strong support while the US is $315.  Feels like they know something we don't.  Look at that huge buy wall at 2150 yuan wtf.

[YourMother]

Spoiler alert: The MMM Russian Pyramid is finally collapsing.

[peonminer]

This is such a Capital fucking moment.

[Wolf Rainer]

This is insane, China holding $340 with strong support while the US is $315.  Feels like they know something we don't.  Look at that huge buy wall at 2150 yuan wtf.

China will continue the pump the Monday...