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

[meh32123]

Where are we going?!?! WTF!

[1714608370]

1714608370

[1714608370]

1714608370

[adamstgBit]

Where are we going?!?! WTF!

3000$

[yefi]

nope i thought you all used EURs over there, i thought that was the whole point of the EUR, everyone uses one currency.

As preparation for joining the Euro, we were meant to keep the pound within the limits of the European Exchange Rate Mechanism. Soros famously shorted Sterling on the advice of Druckenmiller, and John Major's government folded and abandoned it. We subsequently secured an opt-out in the Maastricht Treaty, unique I think, which meant we retained control of our currency.

[toknormal]

This is madness !

Whats happening is that Bitcoin is --massively-- undervalued and has been for a very long time.

For the last year everyone's been staring at each other waiting for someone to make a move while the elephant in the room grows ever larger. The volatility is simply because the real valuation isn't just a little bit higher then where it is now, it's multiples higher and the journey up's gonna be turbulent - not smooth - due to the FOMO.

[spooderman]

mother fucking... YES

[Fakhoury]

Where are we going?!?! WTF!

3000$

Now I'm sure you are drunk as f*** Adam, you've should said $32,000

[podyx]

Where are we going?!?! WTF!

3000$

Don't be lowballin now

[SnokkomBTC]

Where are we going?!?! WTF!

3000$

Now I'm sure you are drunk as f*** Adam, you've should said $32,000

but....but.... $32k was promised 

Chew chew

[meh32123]

https://www.youtube.com/watch?v=g25G1M4EXrQ&feature=youtu.be&t=103

To the moon and beyond!

[adamstgBit]

Where are we going?!?! WTF!

3000$

Now I'm sure you are drunk as f*** Adam, you've should said $32,000

but....but.... $32k was promised 

Chew chew

i'm talking short term. 3000$

i figure it'll take about 2 weeks for the correction to 3000$ to fully play out.

[JayJuanGee]

I buy for 1100 sell for 200 and now I buy back for 750.

I was wondering who was subsidizing us holders.  

If you'd held the coins you bought at $1100, bought 5x as many more at $200 and held them, you'd be sitting pretty at $750.

Why to I think you're pulling our legs about buying at the peaks and selling at the bottoms?

PnD coin.

There may be some pumping and dumping, but if you are characterizing bitcoin as a pump and dump, you likely are confused.. that's why you bought at $1100 and sold at $200 and you are mixing up bitcoin with crypto (other alts coins that are largely (and seemingly a large majority of the time) more fitting of the pump and dump description)

[Its About Sharing]

Basically, as has been the case for years- The EU is broke, The ECB is broke,and the European union is broken.

If UK leave, then it will be fractured, Spain, Greece, France, Portugal all in trouble, even Germany is not sitting pretty.

All it would take IF the UK leave is one other core member- Spainfor example to decide to leave, and the union will crumble.

Not many states are that happy with the union as it is, the northern states are certainly not happy.. it is, and always was a political mess.

Did I mention they are broke?

Ah well nothing a few trillion in QE and bond purchases will fix.

Shitshow whichever way you look at it.

(Adam- but you surely know the British pound sterling is still in use right?)

Just the risk the UK 'might' vote to leave is already causing chaos.  UK stock markets down £34 billion in just one day this week, GBP incredibly low against dollar.... Forex markets jittery.

Brexit would be huge - don't doubt it - and it's a big part of what is happening now, worldwide.  Uncertainty around the world over the future of the 500 million consumer trading block that is the EU is not 'minor' news.   The vote is in seven days. It will not be postponed.

Yes, good for BTC - but not so for world stability.... if the UK votes leave.  I will cash in some next Thursday because I don't think it will and I hope it does not.

I agree- and I have been telling people since before the Brexit referendum was confirmed, that a Brexit referendum would cause some wobbles - uncertainty makes markets nervous.

I have also been talking about the EU crumbling for years. (I even had a good indication 20 years ago the experiment would fail, maybe even set up to fail in the first place- sneaky Germans)

Yeah I also doubt there is any way the referendum will be postponed.

The Germans don't want the EU to fail - it's too good a market for all their industry and they are slowly owning large chunks of it without having to actually invade anywhere.  

Conspiracy theories aside - the EU was genuinely (in part) set up to ensure we didn't have yet another catastrophic war.  And right now with Putin's Russia rampaging around the EU's edges, it's probably not a great time to take apart the EU as a united block - able to speak as one voice and use its trading power to curb his excesses.

Yes, it's screwed up and undemocratic, a flawed and rowing bunch of oddball misfits run by seemingly unaccountable bureaucrats.  But Yugoslavia used to be one country in Europe not so long ago and look what happened when it disintegrated. European countries at each other's throats cause a lot of trouble. EU trade does seem to have kept the lid on things for a while, which is why the EU's potential failure is a threat.

Brexit is probably as much at the centre of what is happening as the halving IMHO.  The coincidence of these two events' timing may well have a lot to do with why this rise is rocket-powered.

Dr. Craig Paul Roberts claims there is evidence that the EU was set up by the CIA. Makes a lot of sense.
Regardless, it looks like it is going to be broken apart. And if that alone gets TTIP removed, great start!

One big step backwards and then some State sovereignty will return and slow down some of these evils imo.

[JimboToronto]

Isn't this fun?

[MahaRamana]

[Fakhoury]

FOR THE LOVE OF ALLAH (GOD), TAKE SOME VALUABLE MINUTES FROM YOUR LIFE AND LEARN SOMETHING

News URL : http://realdealretirement.com/why-i-cried-when-berkshire-hathaway-hit-200000-a-share/

[yefi]

This looks like an open run to 1150 now 

[MinermanNC]

Ya ever want to kick yourself in the ass for selling a coin or 2, 10 days to soon lol  

oh well, electric has been paid... so what if it would have made me and extra 300 today

To da moon! this is grand  

To all the hodlers" and miners who never gave up mining for peanuts.... hell ya! we'll take it now  

[JimboToronto]

why the hating on euthereum? it's a good project that should be supported, and it probably has problems that people should help with if they are able.

it is not a competitor at all, as anyone that wants to buy ether will probably have to buy bitcoin to do it. and it serves a different purpose.

i own none, i know that i am silly for not owning any and i wish it success!

now, back to the MOON business.

Well said.

[European Central Bank]

I can't believe Ethereum is still in the game.

Isn't it to do with its volume being mainly eth/btc? There's plenty of other alts too that have a pretty much unchanged btc exchange rate but are now way more valuable by sitting there and riding the coattails.

[adamstgBit]