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

[USB-S]

Sergei needs to start another ponzi asap. Then we'll get the price moving for sure.

[Mrpumperitis]

http://cointelegraph.com/news/uk-regulators-declare-start-of-beautiful-friendship-with-bitcoin-ethereum

   In a further speech at the same summit, Harriett Baldwin, Economic Secretary to the Treasury, indicated UK’s openness and welcoming of fintech innovation not only by announcing new measures, but also by the words she chose. Describing currencies such as Bitcoin and Ethereum as “digital currencies”, Baldwin assured attendees that this was just the start of a “beautiful friendship”.
“We will be announcing other ways we can help you help UK consumers.” - she stated.
Thus, expect even more measures in what seems to be a complete embrace of fintech, including digital currencies like Bitcoin and Ethereum, and not only a partnership, but a “beautiful friendship”.
The United Kingdom is widely recognized as the most welcoming regulatory environment for Fintech companies.  

[DaRude]

Sergei needs to start another ponzi asap. Then we'll get the price moving for sure.

How can MMM ponzi #3478 can still somehow be relevant is beyond me. Just rebrand it as a lottery and let it go

[gentlemand]

The United Kingdom is widely recognized as the most welcoming regulatory environment for Fintech companies.  

A bit more cheerful than Russia then. They've really got to get some banks to play though. Hopefully Fidor are going to do something but they may well be frozen out by the biggies.

[r0ach]

Bernanke coming to pump Bitcoin again:

http://www.zerohedge.com/news/2016-04-11/ben-bernanke-helicopter-money-may-be-best-available-alternative

[lemmyK]

http://www.nasdaq.com/article/the-push-for-a-cashless-society-could-be-an-opportunity-for-bitcoin-cm605217   
   morons

[keystroke]

And people are fleeing the sinking ETH ship. A fool and his money are soon parted. My congrats to all of the shorts.

[blunderer]

And people are fleeing the sinking ETH ship. A fool and his money are soon parted. My congrats to all of the shorts.

But BTC is just a blowup life raft, to take rape victims to the safety of fiat shores & then be cast off. Like an old cum rag

[Mrpumperitis]

And people are fleeing the sinking ETH ship. A fool and his money are soon parted. My congrats to all of the shorts.

lol are your congrats for those that sold over 0.035 then ..cheers  
hope not those that sold under 0.018....

[JayJuanGee]

And people are fleeing the sinking ETH ship. A fool and his money are soon parted. My congrats to all of the shorts.

lol are your congrats for those that sold over 0.035 then ..cheers  
hope not those that sold under 0.018....

Congrats to anyone who sold at for more than they bought at..... ... and hopefully not too many people got screwed from the unwarranted hype... though I fear that there are going to be a few screwed.. and yet how many years will it take to get back to $13 or $14, especially when they seem to be printing quite a few of those ETH's... more than a million new ETH's per month, no?

[JayJuanGee]

... more than a million new ETH's per month, no?

Limited quantity: Achilles' heel of Bitcoiners.

Like a stuck gate on a chip, a stripped tooth on a steering rack, a pinprick in a child's balloon... so small, so seemingly minor, insignificant, but BLAM! Poverty, ruined lives, degradation, street urchins pointing fingers and jeering... All because the Beanie notion of "value through artificial scarcity"

BBin - you are pretty good at attempting to make a simple idea more complex than it needs to be.

I don't claim to know everything about ETH, but I have seen reports showing that there is a pretty high level of ETH creation (something like what I said, 1 million per month).  Also, there is some uncertainty regarding the total quantity of ETH that will be in existence (because unlike bitcoin, ETH retains a considerable amount of centralization in which the total quantity can be changed by stake holders). 

I guess in essence, I am suggesting that BTC has a greater value that ETH because of there is more certainty with BTC regarding how many will ever be in existence and the mining of BTC.  Furthermore, I am also suggesting that BTC is more valuable that ETH because there is more certainty regarding its decentralization (BTC is much more difficult to change material terms, therefore, that should make BTC more valuable and less capable of manipulation by a small group of people). 

[smracer]

When are the shorts planning on closing some of their 16,331 BTC on Finex?

[marcus_of_augustus]

7

[Chef Ramsay]

When are the shorts planning on closing some of their 16,331 BTC on Finex?

Nice to see you chime in again. I heard they were on a suicide pact and were gonna let it ride - like putting it all on red when black keeps being spun. Nothing like a magnificent squeeze to fuel the engines wouldn't ya say..?

[JimboToronto]

cast off. Like an old cum rag

Shroomskit? Is that you?

You conned all those people into thinking you were Lambfry. Shame on you.

 

[billyjoeallen]

Average blocksize up over 900KB again. Ripe for a spam attack. 
16K shorts vs. 26MM in $ longs on BFX, close to normal range. Could be a squeeze in either direction but not enough to really do much damage. I just can't see a moonshot until after SegWit because we're hard up against the blocksize limit.

Look for a possible double top at $430. There's a lot of momentum and resistance, so it could go either way.

[JayJuanGee]

Average blocksize up over 900KB again. Ripe for a spam attack. 
16K shorts vs. 26MM in $ longs on BFX, close to normal range. Could be a squeeze in either direction but not enough to really do much damage. I just can't see a moonshot until after SegWit because we're hard up against the blocksize limit.

Look for a possible double top at $430. There's a lot of momentum and resistance, so it could go either way.

What's your source for this spread of the above bolded FUCD? 

I see average blocksize currently around 80%


https://blockchain.info/charts/avg-block-size


Also, what's your information that some of this supposed fullness, to the extent it exists, is not spamming attacks... attempts at self-service claims regarding supposed fullness and spreading of FUCD.

[adamstgBit]

I just can't see a moonshot until after SegWit because we're hard up against the blocksize limit.

it must happen before....
what will market do when segwit has been out for weeks and it its hit an impasse not able to gain more the 19% hashing power supporting it?
CRASH!
we must PUMP before we DUMP.

[Room101]

I sent a friend 2BTC last night from my core wallet, and used 0.001 fee ( so around 50 cents), stupid transaction took 8 hours ( not to be confirmed, just to appear at all). Funny thing is, he sent me money via internet banking at the same time, and it arrived inside 2 hours!

Something is not working the way it is supposed to!

[lyth0s]

I sent a friend 2BTC last night from my core wallet, and used 0.001 fee ( so around 50 cents), stupid transaction took 8 hours ( not to be confirmed, just to appear at all). Funny thing is, he sent me money via internet banking at the same time, and it arrived inside 2 hours!

Something is not working the way it is supposed to!

An unlikely claim. Please post the transaction ID.