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

[Lionidas]

Does anybody see it going below $600 within the next 24 hours?
This is very sad very sad indeed 

I can see it, but I wear glasses, too.

Well f me and call me willy!
There goes my house!

[ImI]

Post halving dump from people expecting to get rich because of the halving. 

Pretty much, imo. Let them jettison and then we'll see what this baby can do.

finex longs dont move one shit

[Pbitcoin]

What's happening with my coin?

This!

Post halving dump from people expecting to get rich because of the halving.  

we were all had to be suckers of our own greed! 

[ask]

Post halving dump from people expecting to get rich because of the halving.  

Pretty much, imo. Let them jettison and then we'll see what this baby can do.

finex longs dont move one shit

They will drop soon because of margin calls.

[SilverSwan]

These halvening rubes must've bought up tens of thousands of coins judging by the volume.

I wonder if Elwar's got any extra houses he's willing to take a 10% haircut on... might help stem the bleeding.

[BlindMayorBitcorn]

[adamstgBit]

omfg what if coinbase blows up.

seeing 0 mention of coinbase on the first page of "service discussion" sub forum is a little reassuring... https://bitcointalk.org/index.php?board=85.0

[AlexGR]

I'm not saying that it won't blow up, or that it will blow up, but how the hell can it fail with 100mn+ in VC funding?

I mean, seriously, they must lose an enormous amount of funds to go under (?).

[European Central Bank]

when did all this coinbase crap start? they're backed by some of the hugest guns in finance. I know people here love bashing them but them dying out of nowhere is a long shot however you wanna look at it.

if I was running coinbase i'd shut the place down purely to piss off all the whining bitcoiners.

[SilverSwan]

omfg what if coinbase blows up.

seeing 0 mention of coinbase on the first page of "service discussion" sub forum is a little reassuring... https://bitcointalk.org/index.php?board=85.0

Did you miss brg444's latest memo?

We were supposed to FUD coinbase last week.

Now it's Circle's turn:
https://twitter.com/jerallaire/status/759933484475572225

[adamstgBit]

omfg what if coinbase blows up.

seeing 0 mention of coinbase on the first page of "service discussion" sub forum is a little reassuring... https://bitcointalk.org/index.php?board=85.0

Did you miss brg444's latest memo?

We were supposed to FUD coinbase last week.

Now it's Circle's turn:
https://twitter.com/jerallaire/status/759933484475572225

now i have a new throy as to why price is crashing

https://news.hodlhodl.com/news/117

miners meet with core,

miners are like " 2MB Bitch "
cores like "fuck you"

annnnnddd they didnt like that answer...

[Alley]

when did all this coinbase crap start? they're backed by some of the hugest guns in finance. I know people here love bashing them but them dying out of nowhere is a long shot however you wanna look at it.

if I was running coinbase i'd shut the place down purely to piss off all the whining bitcoiners.

It's just pure fud.  Bitcoiners don't realize how much we need coinbase.  

[marcus_of_augustus]

http://www.coindesk.com/coinbase-first-employee-hedge-fund/

... Olaf Carlson-Wee, the first employee at venture-backed bitcoin exchange Coinbase, has departed as head of risk ... manager

not trying to spread rumours, but just saying, when head of risk manager hits the road then the risks were probably not being managed that well, which usually means ... yup, big losses

[adamstgBit]

when did all this coinbase crap start? they're backed by some of the hugest guns in finance. I know people here love bashing them but them dying out of nowhere is a long shot however you wanna look at it.

if I was running coinbase i'd shut the place down purely to piss off all the whining bitcoiners.

It's just pure fud.  Bitcoiners don't realize how much we need coinbase.  

we dont need coinbase? why do we need coinbase?

what we NEED is a decentralized USD/BTC market.

[Alley]

when did all this coinbase crap start? they're backed by some of the hugest guns in finance. I know people here love bashing them but them dying out of nowhere is a long shot however you wanna look at it.

if I was running coinbase i'd shut the place down purely to piss off all the whining bitcoiners.

It's just pure fud.  Bitcoiners don't realize how much we need coinbase.  

we dont need coinbase? why do we need coinbase?

what we NEED is a decentralized USD/BTC market.

Coinbase is for all the average joes getting into bitcoin.  And they don't spend time on forums reading fud.

[BlindMayorBitcorn]

when did all this coinbase crap start? they're backed by some of the hugest guns in finance. I know people here love bashing them but them dying out of nowhere is a long shot however you wanna look at it.

if I was running coinbase i'd shut the place down purely to piss off all the whining bitcoiners.

It's just pure fud.  Bitcoiners don't realize how much we need coinbase.  

we dont need coinbase? why do we need coinbase?

what we NEED is a decentralized USD/BTC market.

Coinbase is for all the average joes getting into bitcoin.  And they don't spend time on forums reading fud.

Gentlemanly laughter is heard.

[European Central Bank]

now i have a new throy as to why price is crashing

https://news.hodlhodl.com/news/117

miners meet with core,

according to that miners are moving to a new client, uh, yesterday. not only do they control bitcoin, they also control time and space. that's pretty cool.

[Torque]

when did all this coinbase crap start? they're backed by some of the hugest guns in finance. I know people here love bashing them but them dying out of nowhere is a long shot however you wanna look at it.

if I was running coinbase i'd shut the place down purely to piss off all the whining bitcoiners.

It's just pure fud.  Bitcoiners don't realize how much we need coinbase.  

we dont need coinbase? why do we need coinbase?

what we NEED is a decentralized USD/BTC market.

Adam, please don't be shortsighted to the absolute need for as many viable/legal onramps for Average Joe to be able to easily buy (and sell) Bitcoin, everywhere and any time, in every country.  Otherwise there will never be user growth.

No we don't need one entity for this, but you could argue that Coinbase has made more inroads in the U.S. states (where KYC/AML compliance is ridiculous) than ANY other company, than many other broker companies combined. Not to mention their growth into other countries.

So for that reason alone, yes we need Coinbase. Because if a company like Coinbase can't do it in the U.S. and be successful, then no other company will be either.

[adamstgBit]

when did all this coinbase crap start? they're backed by some of the hugest guns in finance. I know people here love bashing them but them dying out of nowhere is a long shot however you wanna look at it.

if I was running coinbase i'd shut the place down purely to piss off all the whining bitcoiners.

It's just pure fud.  Bitcoiners don't realize how much we need coinbase.  

we dont need coinbase? why do we need coinbase?

what we NEED is a decentralized USD/BTC market.

Coinbase is for all the average joes getting into bitcoin.  And they don't spend time on forums reading fud.

maybe, ETF's fits that purpose better?

[adamstgBit]

we dont need coinbase? why do we need coinbase?

what we NEED is a decentralized USD/BTC market.

I'm with you on that one, but then I'm not the one expecting to get rich by hodling BTC.
You do understand that shit like Coinbase is the difference between $20 and $600 coins, right? Or did you chug your own Kool Aid and actually think the price is driven by Bitcoin's tremendous frickin' utility, now that DNMs are all shit?

i think price is driven mostly by my speculations.

i speculate up aannnnnddd price goes down!