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

[Fatman3001]

crazy, but nice to see that BTC is able to hold its ground

+1

It's pretty much rock solid in spite of some fairly large splashes from eth.

seems to be fresh fiat thats driving ETH, otherwise it could have been really ugly.

All the trades are BTC/ETH, so it seems that fiat will have to touch BTC at some point.

[gentlemand]

Bitfinex is adding usd/eth soon. That's going to be very interesting to witness what happens.

[Fatman3001]

Bitfinex is adding usd/eth soon. That's going to be very interesting to witness what happens.

There are rumours they will not offer shorting in the beginning. They probably need some activity and eth on the exchange before that's possible.

With rumour I mean trollbox rumour.

[abercrombie]

eth is going loco again

What I'm trying to understand is the inverse relationship between BTC vs ETH. 

Why BTC always dumps every time ETH pumps. 

And when ETH dumps, BTC pumps. 

[ImI]

Bitfinex is adding usd/eth soon. That's going to be very interesting to witness what happens.

There are rumours they will not offer shorting in the beginning. They probably need some activity and eth on the exchange before that's possible.

With rumour I mean trollbox rumour.

no rumour, they said so in their announcement. they estimate one week to get shorting going.

[ImI]

eth is going loco again

What I'm trying to understand is the inverse relationship between BTC vs ETH. 

Why BTC always dumps every time ETH pumps. 

And when ETH dumps, BTC pumps. 

but this time ETH pumps and BTC stays at 412

[2015Bubble]

Bitfinex is adding usd/eth soon. That's going to be very interesting to witness what happens.

There are rumours they will not offer shorting in the beginning. They probably need some activity and eth on the exchange before that's possible.

With rumour I mean trollbox rumour.

no rumour, they said so in their announcement. they estimate one week to get shorting going.

Lol this dump will have a countdown.

[ImI]

Bitfinex is adding usd/eth soon. That's going to be very interesting to witness what happens.

There are rumours they will not offer shorting in the beginning. They probably need some activity and eth on the exchange before that's possible.

With rumour I mean trollbox rumour.

no rumour, they said so in their announcement. they estimate one week to get shorting going.

Lol this dump will have a countdown.

the funny thing is, you can already short if you want at POLO, but nobody is using it. ETH lending rates are still very low.

[2015Bubble]

Bitfinex is adding usd/eth soon. That's going to be very interesting to witness what happens.

There are rumours they will not offer shorting in the beginning. They probably need some activity and eth on the exchange before that's possible.

With rumour I mean trollbox rumour.

no rumour, they said so in their announcement. they estimate one week to get shorting going.

Lol this dump will have a countdown.

the funny thing is, you can already short if you want at POLO, but nobody is using it. ETH lending rates are still very low.

Yes but no whales are gonna dump millions x15 on a rubbish exchange.

[Fatman3001]

Bitfinex is adding usd/eth soon. That's going to be very interesting to witness what happens.

There are rumours they will not offer shorting in the beginning. They probably need some activity and eth on the exchange before that's possible.

With rumour I mean trollbox rumour.

no rumour, they said so in their announcement. they estimate one week to get shorting going.

Lol this dump will have a countdown.

the funny thing is, you can already short if you want at POLO, but nobody is using it. ETH lending rates are still very low.

All the people who used it went broke.

Come to think of it, I'm kind of worried about 8up.

[Fatman3001]

echh....g'nite y'all!!!

[BlindMayorBitcorn]

Bitfinex is adding usd/eth soon. That's going to be very interesting to witness what happens.

There are rumours they will not offer shorting in the beginning. They probably need some activity and eth on the exchange before that's possible.

With rumour I mean trollbox rumour.

no rumour, they said so in their announcement. they estimate one week to get shorting going.

Lol this dump will have a countdown.

the funny thing is, you can already short if you want at POLO, but nobody is using it. ETH lending rates are still very low.

All the people who used it went broke.

Come to think of it, I'm kind of worried about 8up.

We should plan to all go short one day together. Like one of those murder-suicide pacts. Only with crypto.

[ImI]

echh....g'nite y'all!!!

n8

[ChartBuddy]

Coin



Explanation

[shmadz]

Don't mind me. I'm just pissed I missed the train. I bet there's rich folks eating in fancy dining cars. They're probably drinkin' coffee and smoking big cigars.

...

And that's what tortures me...

Many trains to come.

 Some speed up, some slow down...

If you pay attention long enough you will begin to figure out which is which.

[adamstgBit]

echh....g'nite y'all!!!

n8

we'll catch you tomorrow.

[adamstgBit]

Don't mind me. I'm just pissed I missed the train. I bet there's rich folks eating in fancy dining cars. They're probably drinkin' coffee and smoking big cigars.

...

And that's what tortures me...

Many trains to come.

 Some speed up, some slow down...

If you pay attention long enough you will begin to figure out which is which.

sure but by then it's too late, you miss the train 

[shmadz]

Don't mind me. I'm just pissed I missed the train. I bet there's rich folks eating in fancy dining cars. They're probably drinkin' coffee and smoking big cigars.

...

And that's what tortures me...

Many trains to come.

 Some speed up, some slow down...

If you pay attention long enough you will begin to figure out which is which.

sure but by then it's too late, you miss the train  

If you're paying attention you can catch the next one.

** for example, if/when bitcoin dies, I expect there will be several coins competing to take that spot as the world reserve crypto - the one coin that everything else trades against. You don't even need to identify it specifically, you just need to recognize the 4 or 5 alternatives that might take the crown.

Back testing - go back a couple years to the eth crowd sale. Take 20% of your bitcoin total and divest it evenly into the top 4 contenders for dominance at that time. It doesn't matter if 3 out of those 4 fail, as long as you got at least some small amount into the one that survives. In this example it's ETH. 0.0005 at the opening, now worth ~0.035 ! That's like 70X return on that small side bet. Even if all your other bets fail, it just takes that one to pay off...

 (If none of the alts survive, then that's good too. That means probably it was bitcoin that survived and your main holdings are still in bitcoin, you've just spent 20% hedging your bet.)

[ChartBuddy]

Coin



Explanation

[adamstgBit]

poll reset

also, i insist everyone place a vote on this poll too https://bitcointalk.org/index.php?topic=1393827.0