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

[Meuh6879]

like all P2P technology.

you can't stop it.
it's not a revolution (well, it's a humain creation after all).











it's the machines.

[JayJuanGee]

It looks like I got about 10 months of decent BTC/USD free trading on Uphold, but now they are changing their fees.. actually increasing their BTC/USD trading fees from 0% to .45%, beginning August 1... in a couple of days.


https://uphold.com/en/blog/posts/uphold/uphold-introduces-new-pricing-structure


All good things must come to an end?


Take advantage of what you can while you can, because it may not be in the future?

well that news, never heard of uphold.

The Uphold CEO has been rather vocal about Bitcoin not having any type of future. Also there's something rather weird going on about their assets being backed by some private alt I've never heard of. For those reasons alone they can kiss my posterior.

Actually, you are correct in regard to both of your points, and I had been having some of those kinds of thoughts too regarding their getting little diggs in about bitcoin and also regarding their supposed transparency (that used to involve showing Voxeles as one of their asset class holdings)

[JayJuanGee]

Bitcoin price is now so boring I actually forget about it for hours on end and started picking up past hobbies again...  Wtf bitcoin, you were supposed to be my 24/7 drugs of choice    

This. Bitcoin is almost acting like a normal national currency at the moment. Where is the volatility?

The key substance to your statement is "at the moment."  There are only going to be a few rare folks (or very uninformed folks) that really are going to conclude that BTC is at some kind of stability price point.  Yeah, there is some waiting and seeing going on at the moment - but bears certainly would prefer BTC prices to go down and bulls would surely like BTC prices to go up.  The strength of the convictions on both ends signifies that this current price point remains in a "temporary status."  For how long this "temporary status" will last still remains to be determined.  Another month is not unrealistic.  Another six months is less probable, but still within the cards of possibilities...

Nonetheless, I think that the chances are pretty decent that we are going to experience some kind of break out of 5% or more in the coming month, and even though a break out of 10% or more in the next month is less likely it has decent chances as well in the next 2-3 months.  The 5% breakout could go either way, but I place the odds a bit higher that the 10% break out would be to the upside... yet there is no guarantee with direction, in any respect.. just depends upon how much each of the folks on each side (bears and bulls) are willing to spend to attempt to achieve their price direction push objective.

[Dafar]

Adam's prediction: >690 in <1 week

http://www.firegoon.com/images/kdywqav.gif


http://www.firegoon.com/images/kdywqav.gif

[DonQuijote]

Adam's prediction: >690 in <1 week

 

 

 

I dont think so, btc is sleeping

[forzendiablo]

we may move by 10usd but nothign spectacular sadly.

thats why i play casino games for now - at least some trill 

[Karpeles]

I'm even considering take a look in the altcoins at this boring rate.

At least the Olympic games will start soon and I'll have something fun to do

[gentlemand]

I'm even considering take a look in the altcoins at this boring rate.

There's an onion effect in action. People flock to alts to get more Bitcoin because they believe that Bitcoin is The One or (in many a case) because they're chasing more dollars.

As more and more alt/USD channels open then that desire or need for Bitcoin lessens. As alt volumes get ever larger and Bitcoin sits there like a boring old poo then perhaps it's going to fade in more than a few minds.

It could do with some juicy action, be that price or innovation, to remind people why they're here. If I was a trader I would've abandoned it long ago.

[poncho32]

Adam's prediction: >690 in <1 week

 

 

 

I dont think so, btc is sleeping

The big moves in price usually happen when they are least expected, like after months of BTC sleeping. Adam might get it right, or it might take longer, but eventually BTC will make a big move when nobody expects it.

[aminorex]

Bitcoin price is now so boring I actually forget about it for hours on end and started picking up past hobbies again...  Wtf bitcoin, you were supposed to be my 24/7 drugs of choice    

This. Bitcoin is almost acting like a normal national currency at the moment. Where is the volatility?

In USDJPY, it is.

[podyx]

Fakeout? I hope so...

[podyx]

Interesting that bitstamp and BTC-e is still high while huobi and finex are dumping big time.

Manipulated dumps on the big exchanges??

[savetherainforest]

Alert! Alert! .. Bomba! Bomba! .. Schneller! Schneller!    


The price is swinging punches on the charts!!!


*Edit:  It looks like a fast "W".

[spike420211]

it's the machines.

The scary part: the only substance I know of transported by rail that would cause mondo tanker suck like that is oleum,
In a form also known as cryogenic sulfuric acid.
Commonly used as a crude oil refining catalyst:
https://en.wikipedia.org/wiki/Oleum

I'm pretty sure they don't ship LN2 by rail either.

[aztecminer]

it has begun. everyone knows bitcoin cannot hardfork or poloniex will post BTCC .. no other code has come through to fix scaling issue even after a full year. chinese miners are starting to panic again .

[yefi]

The scary part: the only substance I know of transported by rail that would cause mondo tanker suck like that is oleum,
In a form also known as cryogenic sulfuric acid.
Commonly used as a crude oil refining catalyst:
https://en.wikipedia.org/wiki/Oleum

I'm pretty sure they don't ship LN2 by rail either.

Apparently, the collapse was a demonstration of a vacuum which could be caused during unloading if the relief valves were jammed.

[HyphyBTC]

The scary part: the only substance I know of transported by rail that would cause mondo tanker suck like that is oleum,
In a form also known as cryogenic sulfuric acid.
Commonly used as a crude oil refining catalyst:
https://en.wikipedia.org/wiki/Oleum

I'm pretty sure they don't ship LN2 by rail either.

Apparently, the collapse was a demonstration of a vacuum which could be caused during unloading if the relief valves were jammed.

+1

I used to work in the petroleum and chemical refinery business. This video was shown numerous times in safety meetings and classes. What's surprising is, those tankers aren't suited for vacuum, and very little was needed to crush that one like a soda can.

[Dafar]

FUCK... I knew I should've waited til sunday... but decided to buy some anyway @ $663

Adam's prediction: >690 in <1 week

[aminorex]

Now, I buy. 

[magemist]

FUCK... I knew I should've waited til sunday... but decided to buy some anyway @ $663

Adam's prediction: >690 in <1 week

Yup it feels like a water bottle to the balls with that $633 price collapse.
Oh what a world ..what a world.
i bought just yesterday. F me F me!