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

[becoin]

There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty.  

Theoretically everything is possible but not always!

[Spaceman_Spiff]

There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty.  

Theoretically everything is possible but not always!

I think this has actually happened before for brief periods.

Anyways, looks like we are heading up again.  Go BTC 

[DaRude]

There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty.  

Theoretically everything is possible but not always!

I'd even accept this argument over marcus's logic where miners can't go bankrupt. Yes spacetime continuum and we're all holograms in some blackhole's matrix.

[DaRude]

There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty.  

Theoretically everything is possible but not always!

I think this has actually happened before for brief periods.

Anyways, looks like we are heading up again.  Go BTC 

Reassuring to see a little nibble but will need lots more, still BTC15k are stacked till $650 on Finex someone cashing in big time

[Spaceman_Spiff]

There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty.  

Theoretically everything is possible but not always!

I think this has actually happened before for brief periods.

Anyways, looks like we are heading up again.  Go BTC  

Reassuring to see a little nibble but will need lots more, still BTC15k are stacked till $650 on Finex someone cashing in big time

Eventually the movement of the ocean will erode even the strongest walls  



EDIT: It would be comforting to see BTC shorts a bit higher though.

[DaRude]

..and longs a LOT lower. But it'll probably only go higher as speculation peaks before the halvening, hope a lot of those longs are in etherpoop too

[Spaceman_Spiff]

..and longs a LOT lower. But it'll probably only go higher as speculation peaks before the halvening, hope a lot of those longs are in etherpoop too

True, but I doubt most are in etherpoop.  The thing is, most of the time big long positions are a recipe for disaster, which is why I was reluctant to jump into the breakout at first, but if speculators can correctly predict an influx of new money, then we are A-OK, and I think this has been happening.  People who were interested in bitcoin before, and have been following it a bit are deciding they don't want to miss the train, and jumping on.  The real bubble starts when we reach the people who haven't seriously considered investing yet.

[DaRude]

..and longs a LOT lower. But it'll probably only go higher as speculation peaks before the halvening, hope a lot of those longs are in etherpoop too

True, but I doubt most are in etherpoop.  The thing is, most of the time big long positions are a recipe for disaster, which is why I was reluctant to jump into the breakout at first, but if speculators can correctly predict an influx of new money, then we are A-OK, and I think this has been happening.  People who were interested in bitcoin before, and have been following it a bit are deciding they don't want to miss the train, and jumping on.  The real bubble starts when we reach the people who haven't seriously considered investing yet.

The bull in me agrees, think(hope?) market is underestimating the effects and coverage of the halvening, expecting some wild swings during this month

Kinda scared me when longs went full retard and ate up all the swaps causing the daily rate on finex to jump to  above 0.5%. If it'd held that would squeeze a lot of them

[Spaceman_Spiff]

..and longs a LOT lower. But it'll probably only go higher as speculation peaks before the halvening, hope a lot of those longs are in etherpoop too

True, but I doubt most are in etherpoop.  The thing is, most of the time big long positions are a recipe for disaster, which is why I was reluctant to jump into the breakout at first, but if speculators can correctly predict an influx of new money, then we are A-OK, and I think this has been happening.  People who were interested in bitcoin before, and have been following it a bit are deciding they don't want to miss the train, and jumping on.  The real bubble starts when we reach the people who haven't seriously considered investing yet.

The bull in me agrees, think(hope?) market is underestimating the effects and coverage of the halvening, expecting some wild swings during this month

Kinda scared me when longs went full retard and ate up all the swaps causing the daily rate on finex to jump to  above 0.5%. If it'd held that would squeeze a lot of them

I think upcoming scalability improvements, the end of previous bubble deflating and the worst of the "bitcoin civil war" being over are also positive price factors. Could still be a bumpy ride though  .

[Assmaster2000]

... hope a lot of those longs are in etherpoop too

Ether's totally f8cked.


Because the numeral 4 is totally unlucky for the Chinese numerologists

[USB-S]

Easter egg bitcoin wallet private key hidden in CGI!


Click here me to receive.

[StraightAArdvark]

Sold my house this week. My mortgage was the last thing requiring me to have a bank account. Last mont my landlord started taking bitcoins for rent. He is happy.

Now to get all of that equity into bitcoins quickly.

I think I found a buyer for you...

In a period of time, I have been buying bitcoins only in cash and amassed over 800 btc, I keep them in several wallets. Now, I'm in a need of buying some stuff unfortunately you still cant buy with btc nowadays - car, wedding ceremony, paying for some travel trips, general spending in life etc. So I need to cash out at least 250 btc, but the problem is the taxes. Im willing to pay them, no issues, but I think they'll cause me some troubles as people may think this money comes from illegal operations, which is not true but I have no way to prove it.

https://np.reddit.com/r/Bitcoin/comments/4n1680/cashing_out_a_big_sum_of_btc_without_getting_in/

[marcus_of_augustus]

There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty.  

Theoretically everything is possible but not always!

I'd even accept this argument over marcus's logic where miners can't go bankrupt.

Listen you lying, slippery little piece of shit ... no part of my argument ever said " ... miners can't go bankrupt..." ??

Do not try and put words in my mouth again. If you don't want to learn then just stfu and stop making the world a worse place for others who might want to learn.

[DaRude]

There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty.  

Theoretically everything is possible but not always!

I'd even accept this argument over marcus's logic where miners can't go bankrupt.

Listen you lying, slippery little piece of shit ... no part of my argument ever said " ... miners can't go bankrupt..." ??

Do not try and put words in my mouth again. If you don't want to learn then just stfu and stop making the world a worse place for others who might want to learn.

BTC price can't fall below cost of production = miners always make profit
Miners make profit = miners won't go bankrupt

And seems like i'm not the only one who can't follow your logic, maybe we're all dumb here and can't learn from you? And one more name calling and on ignore you go, you'd be the first "legend"

[StraightAArdvark]

Gentlemen, the reason behind the recent bitcoin pump can finally be shared

Companies Are Stockpiling Bitcoin to Pay Off Cybercriminals

A small survey by corporate networking company Citrix indicates that some IT professionals are even stockpiling bitcoins so they can pay up quickly in the event ransomware strikes their network. Out of 250 IT and security workers at U.K. companies with more than 250 employees, a third said they were stockpiling the currency. A researcher at Cornell recently tweeted that the university’s treasurer created an account with the Bitcoin exchange Coinbase so as to be ready if ransomware struck.

https://www.technologyreview.com/s/601643/companies-are-stockpiling-bitcoin-to-pay-off-cybercriminals/

[becoin]

Gentlemen, the reason behind the recent bitcoin pump can finally be shared

Companies Are Stockpiling Bitcoin to Pay Off Cybercriminals

Companies are stockpiling real money in case they need real money to pay off someone that doesn't accept anything but real money.
Makes sense to me.

[StraightAArdvark]

Gentlemen, the reason behind the recent bitcoin pump can finally be shared

Companies Are Stockpiling Bitcoin to Pay Off Cybercriminals

Companies are stockpiling real money in case they need real money to pay off someone that doesn't accept anything but real money.
Makes sense to me.

Just sharing the excellent news, brah! Moondance party?
*Do wish dum mainstream press cucks would stop using loaded, archaic language. WTF are "Cybercriminals"? Do they mean paradigm-shifting disruptors?

Zionist shill propagandists continue to victimize crypt0enterprenurs to defend their legacy banking & stifle progress...

Britain's worst paedophile: Pervert, 30, abused HUNDREDS of young victims at Christian orphanages across south-east Asia - but why did UK police not raise the alarm?

Britain's worst paedophile who attacked hundreds of children in south-east Asia and used the 'dark web' to crowd-fund his abuse is facing 22 life sentences.
He turned to online paedophiles to crowdfund the abuse, allowing those who paid him in Bitcoins access to videos of him raping his victims.

Read more: http://www.dailymail.co.uk/news/article-3620004/Britain-s-worst-paedophile-Richard-Huckle-admits-scores-attack-children.html#ixzz4AQZFj4Q3
Follow us: @MailOnline on Twitter | DailyMail on Facebook

[SheHadMANHands]

yes, any day now difficulty will be dropping and my 2 netbooks will make me a fortune again ...

Ah, the power of a prediction with no expiration.   

[savetherainforest]

Cool map bro!!! .. thx... already saved on my computer! This is GOLD!!! ... Iceland and Argentina are bonkers! Especially Argentina -3 in -5 .. wtf??  

And the East coast of China basically has the same daylight timing like Japan & South Korea but different hours, and I see also Russia there on the East coast that have +10.

But considering that... Russia probably has its own exchange in their own language. And the other big players on the block that can influence the market that are on that side of the world before them are New Zealand and Australia that have similar times!

[Hyperjacked]

I'd like to take a moment and thank all the little ppl that made this price possible...and a few of the not so savy Bears