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

[DARKHOLDER]

So many good news in a row. Perfect storm is brewing.

What news ?

[1715116474]

1715116474

[European Central Bank]

some winklevoss etf action. they've adjusted their application to make it a whole lot more viable. the new exchange they've chosen to work with is willing to implement a rule that nasdaq wasn't.

[Ted E. Bare]

Bitcoin Block Reward Halving Countdown:
Only 8 more days!

Reward drop ETA: Sat, 9 Jul 2016 18:05:46 GMT

[JayJuanGee]

Why there is not new pool question updated?

Looks like $600 and $700 won this round, and we have not seen Adam in here for several days, maybe even a week ago?

Maybe a poll about the price at the precise block of the halvening would be an interesting and precise time?

Looks like <$1000, <$800, <$700 won this round.

O.k.  Maybe some people would read the "<" as  "less than" signs, but really they appear to be best interpreted as sloppy attempts by Adam to make bullets, and what i said initially appears to be the best interpretation....

Accordingly, on 6/30 the price was closest to $600 and $700   because accordingly the price traversed from about $630 to $685 throughout the day.

Of course, Adam should make these polls more unambiguous, but that is not the Adam that we have...  

we got the Adam that we got   

I am pretty sure that 37.9% of the respondents would not have agreed with <$1000 if they had not assumed the "<" was meant to be a less than symbol.

Also if Adam wished to make a bullet point it is quite easy to do without making it ambiguous.

*   1000   - 148 (37.9%)
*    800   - 66 (16.9%)
*    700   - 88 (22.6%)

See really easy.

Sure ... it's easy enough to make polls less ambiguous; however, possibly, you seem to be wishing for an Adam other than the AdamstgBit that we gots....

There is a bit of a pattern and practice of ambiguous polls from Adam, and that is just a statement of fact rather than any kind of complaint from me.... 

Surely, the polls tend to be ambiguous not only in respect to what they mean exactly but frequently in terms of what, when and how much they are referring to.. and people likely just make their best approximation.. to the extent that they are not using the polls to troll.

Furthermore, it doesn't even really matter what Adam intends the polls to mean, but instead how people interpret the polls when they place their answer.

I think that you and I have a bit of a different interpretation regarding what people thought overall of this particular poll.. and I personally believe that they a large many of the poll participants were just picking the number that was closest to what they thought the price would be on June 30 rather than any kind of an attempt to be absolutely literal and/or correct. 

Otherwise, if participants actually wanted to be correct, they would have picked <1,000 because that was the most likely to be the most literally correct out of the possible answers available  - that is if they had read the "<" sign as a "less than" 1000. 

[yefi]

wow, this page is dead at the moment apart from psychotic assholes who get binned.

anyway - http://moneymorning.com/2016/07/01/why-the-winklevoss-bitcoin-etf-is-back-on-track-for-approval/

the winklevosssssss's application has a new law firm and the reason they went with the bats exchange is that they, not nasdaq, were prepared to implement a rule change that means we'll know if the etf gets approved in the next 8 months. it might be alot sooner. after that it might be never.

Wow, interesting news. Thanks for the link.

[adamstgBit]

Why there is not new pool question updated?

Looks like $600 and $700 won this round, and we have not seen Adam in here for several days, maybe even a week ago?

Maybe a poll about the price at the precise block of the halvening would be an interesting and precise time?

Looks like <$1000, <$800, <$700 won this round.

O.k.  Maybe some people would read the "<" as  "less than" signs, but really they appear to be best interpreted as sloppy attempts by Adam to make bullets, and what i said initially appears to be the best interpretation....

Accordingly, on 6/30 the price was closest to $600 and $700   because accordingly the price traversed from about $630 to $685 throughout the day.

Of course, Adam should make these polls more unambiguous, but that is not the Adam that we have... 

we got the Adam that we got   

I am pretty sure that 37.9% of the respondents would not have agreed with <$1000 if they had not assumed the "<" was meant to be a less than symbol.

Also if Adam wished to make a bullet point it is quite easy to do without making it ambiguous.

*   1000   - 148 (37.9%)
*    800   - 66 (16.9%)
*    700   - 88 (22.6%)

See really easy.

Sure ... it's easy enough to make polls less ambiguous; however, possibly, you seem to be wishing for an Adam other than the AdamstgBit that we gots....

There is a bit of a pattern and practice of ambiguous polls from Adam, and that is just a statement of fact rather than any kind of complaint from me.... 

Surely, the polls tend to be ambiguous not only in respect to what they mean exactly but frequently in terms of what, when and how much they are referring to.. and people likely just make their best approximation.. to the extent that they are not using the polls to troll.

Furthermore, it doesn't even really matter what Adam intends the polls to mean, but instead how people interpret the polls when they place their answer.

I think that you and I have a bit of a different interpretation regarding what people thought overall of this particular poll.. and I personally believe that they a large many of the poll participants were just picking the number that was closest to what they thought the price would be on June 30 rather than any kind of an attempt to be absolutely literal and/or correct. 

Otherwise, if participants actually wanted to be correct, they would have picked <1,000 because that was the most likely to be the most literally correct out of the possible answers available  - that is if they had read the "<" sign as a "less than" 1000. 

"<" = "less than"
">" = "gr8er than"

[adamstgBit]

new poll

i voted <999

i expect 810.32ish by july 31st.

[PoolMinor]

new poll

i voted <999

i expect 810.32ish by july 31st.

Nice! Thanks for clarification on what your symbols mean.
I voted for <$680, because of history.

[sirazimuth]

new poll

i voted <999

i expect 810.32ish by july 31st.

Nice! Thanks for clarification on what your symbols mean.
I voted for <$680, because of history.

i find that the arrow head always points to the smaller value  a great mnemonic device for this symbol.

[JayJuanGee]

new poll

i voted <999

i expect 810.32ish by july 31st.

Aren't you curious regarding what people believe the price will be at the exact time of the halvening?  That would be an interesting and exact time for poll results.  It's only a bit more than 8 days away from now....

[PoolMinor]

i find that the arrow head always points to the smaller value  a great mnemonic device for this symbol.

You might read some of my earlier posts stating that very thing, but someone else here seemed to be rather loquacious on the subject against such obviousness.

[adamstgBit]

new poll

i voted <999

i expect 810.32ish by july 31st.

Aren't you curious regarding what people believe the price will be at the exact time of the halvening?  That would be an interesting and exact time for poll results.  It's only a bit more than 8 days away from now....

right the halvening in 1 week, 18 hours, 30 minutes.

ya i should make a poll about that.

[JayJuanGee]

new poll

i voted <999

i expect 810.32ish by july 31st.

Aren't you curious regarding what people believe the price will be at the exact time of the halvening?  That would be an interesting and exact time for poll results.  It's only a bit more than 8 days away from now....

right the halvening in 1 week, 18 hours, 30 minutes.

ya i should make a poll about that.

Yeah...

It's interesting for the pure symbolic nature of it   - even though there is likely not going to be any significant price movement right at that exact moment, but I am sure a lot of us harder core bitcoiners will be watching the markets right around that time, just to see if anything happens.

[adamstgBit]

new poll

i voted <999

i expect 810.32ish by july 31st.

Aren't you curious regarding what people believe the price will be at the exact time of the halvening?  That would be an interesting and exact time for poll results.  It's only a bit more than 8 days away from now....

right the halvening in 1 week, 18 hours, 30 minutes.

ya i should make a poll about that.

Yeah...

It's interesting for the pure symbolic nature of it   - even though there is likely not going to be an significant movement right at that time, but I am sure a lot of harder core bitcoiners will be watching the markets.

I dont expect price to do much due to having, i think the halving is partly the reason why we just got a big price bump.

so having in a week!? i need to buy more bitcoin...

[adamstgBit]

[adamstgBit]

[adamstgBit]

LOL

[JayJuanGee]

new poll

i voted <999

i expect 810.32ish by july 31st.

Aren't you curious regarding what people believe the price will be at the exact time of the halvening?  That would be an interesting and exact time for poll results.  It's only a bit more than 8 days away from now....

right the halvening in 1 week, 18 hours, 30 minutes.

ya i should make a poll about that.

Yeah...

It's interesting for the pure symbolic nature of it   - even though there is likely not going to be an significant movement right at that time, but I am sure a lot of harder core bitcoiners will be watching the markets.

I dont expect price to do much due to having, i think the halving is partly the reason why we just got a big price bump.

so having in a week!? i need to buy more bitcoin...

If you don't expect the price to do very much, then why would you need to do anything, whether that is buy or sell?

I mean each of us have been in the bitcoin scene for a while, and likely we are fairly well set up in our respective BTC/fiat positions, and each of us have our plans to buy or sell BTC based on certain movements in the price.. but if we do not expect anything to happen in the next couple of weeks, then we don't need to do anything, correct?


I don't really fucking know, either.

 I am kind of anticipating that there could be some action over this fourth of July weekend..  I don't think that BTC prices are exactly in a very comfortable price range at the moment... and of course bears would like to drive BTC prices down and bulls would like to drive BTC prices up.

I am a bit unclear about the direction of the price, but I think that the odds are a bit more in favor of upwards rather than downwards...

In other words, I believe that we are going to see $788 before we see $580, and that's my sense, even though I am not going to bet the farm on any of my anticipations and inclinations.

[abercrombie]

bitcoin isn't higher than yesterday.

is crypto done?? 

[BlindMayorBitcorn]

new poll

i voted <999

i expect 810.32ish by july 31st.

Aren't you curious regarding what people believe the price will be at the exact time of the halvening?  That would be an interesting and exact time for poll results.  It's only a bit more than 8 days away from now....

right the halvening in 1 week, 18 hours, 30 minutes.

ya i should make a poll about that.

Yeah...

It's interesting for the pure symbolic nature of it   - even though there is likely not going to be an significant movement right at that time, but I am sure a lot of harder core bitcoiners will be watching the markets.

I dont expect price to do much due to having, i think the halving is partly the reason why we just got a big price bump.

so having in a week!? i need to buy more bitcoin...

If you don't expect the price to do very much, then why would you need to do anything, whether that is buy or sell?

I mean each of us have been in the bitcoin scene for a while, and likely we are fairly well set up in our respective BTC/fiat positions, and each of us have our plans to buy or sell BTC based on certain movements in the price.. but if we do not expect anything to happen in the next couple of weeks, then we don't need to do anything, correct?


I don't really fucking know, either.

 I am kind of anticipating that there could be some action over this fourth of July weekend..  I don't think that BTC prices are exactly in a very comfortable price range at the moment... and of course bears would like to drive BTC prices down and bulls would like to drive BTC prices up.

I am a bit unclear about the direction of the price, but I think that the odds are a bit more in favor of upwards rather than downwards...

In other words, I believe that we are going to see $788 before we see $580, and that's my sense, even though I am not going to bet the farm on any of my anticipations and inclinations.

You think those floundering things wiped out the economy? Fool, they are harmless! But the coins are gone, aren’t they?
You tried to stop me; you discouraged me when I needed every drop of encouragement I could get; you were afraid of the cosmic truth, you damned coward, but now I’ve got you! What swept up the economy? What made you scream so loud? . . . Don’t know, eh? You’ll know soon enough! Look at me—listen to what I say—do you suppose there are really any such things as time and magnitude? Do you fancy there are such things as form or matter?
I tell you, I have struck depths that your little brain can’t picture!
I have seen beyond the bounds of infinity and drawn down daemons from the stars. . . . I have harnessed the shadows that stride from world to world to sow death and madness. . . . Space belongs to me, do you hear?

Things are hunting me now—the things that devour and dissolve—but I know how to elude them. It is you they will get, as they got the economy. Stirring, dear sir?

*Orson Wells clap*

I couldn't help but notice you on the Reddit; you really are passionate about all this...business.