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

[Paashaas]

$680 is holding nicely, i think China will pump it during Saturday night/Sunday morning while the West is sleeping.

[Elwar]

Bitcoin 0.13.1 released (with Segwit)
https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2016-October/000023.html

[hv_]

you guys want bullish news? how about this. no joke.

this company:

https://en.wikipedia.org/wiki/Swiss_Federal_Railways

a state owned company with 33k employees and around $8 billion turnover p.a. starts selling bitcoin in all of switzerland.

https://www.sbb.ch/en/station-services/services/further-services/bitcoin.html


here you have - out of the blue - the biggest seller of bitcoin worldwide. a federal railway company. 19th century tech my ass...

Blimey!

Any idea who was behind, making this happen?

sweepay.ch

worth noting that there are currently around 800 btc atm worldwide. with this stunt the sbb adds another 1000 vending machines, that spit out btc.

Nice, but also sad that this happens first in rich Switzerland, where CHF is kind of stable and no real need for, except TAX reasons,  but not in cuntries like Zimbabwe, Venezuala, Argentinia,... where there is a real need for.

[Ted E. Bare]

Current bitcoin holders turning into the new wealthy elite?

[hv_]

Current bitcoin holders turning into the new wealthy elite?

Yep. And if half of the Swissies (5Mio) buy some bitcoin instead or in addition to their train ticket by accident, they will stay richest on earth by accident and might say thank you SBB!

[600watt]

Current bitcoin holders turning into the new wealthy elite?

Yep. And if half of the Swissies (5Mio) buy some bitcoin instead or in addition to their train ticket by accident, they will stay richest on earth by accident and might say thank you SBB!

nice idea for a hack.    (just a joke!)
next run up the swiss will have access. and they are not the poorest.

[uki]

The 1-week Bitcoin/$USD chart correction is nearing completion. That chart range started correcting around the end of July when the big dump-down from the 5180 Hobular high occured.

That correction also painted the handle onto the humungous 3-year cup and handle formation thats been forming since the 2013 China-driven $1200 ATH.

The timing of events seems to be pointing to a perfect storm towards the end of the year, possibly consisting of Lightning Network arrival, Segwit, BTC Developer & mining consensus putting previous confrontations to bed and an array of chart technicals going green. Things would then be in place for the Wrinklyboss ETF to turn up and light the touchpaper on the tinder pile.

-snip-

spot on

one caveat: fundamentally we don't know what will be the catalyst exactly, but any sort of conclusion of the "scaling" debate will do. Might even be a - lo and behold - successfull hardfork to unlimited

I am pretty sceptical regarding the application of TA to Bitcoin. With pumps & dumps in place, and mass speculation being the main driving force, you may paint pretty much any pattern on the charts and then deny it. I mean I wouldn't mind this cup and handle to play out as suggested, but I doubt it happens.

[Labumi]

The 1-week Bitcoin/$USD chart correction is nearing completion. That chart range started correcting around the end of July when the big dump-down from the 5180 Hobular high occured.

That correction also painted the handle onto the humungous 3-year cup and handle formation thats been forming since the 2013 China-driven $1200 ATH.

The timing of events seems to be pointing to a perfect storm towards the end of the year, possibly consisting of Lightning Network arrival, Segwit, BTC Developer & mining consensus putting previous confrontations to bed and an array of chart technicals going green. Things would then be in place for the Wrinklyboss ETF to turn up and light the touchpaper on the tinder pile.

-snip-

spot on

one caveat: fundamentally we don't know what will be the catalyst exactly, but any sort of conclusion of the "scaling" debate will do. Might even be a - lo and behold - successfull hardfork to unlimited

I am pretty sceptical regarding the application of TA to Bitcoin. With pumps & dumps in place, and mass speculation being the main driving force, you may paint pretty much any pattern on the charts and then deny it. I mean I wouldn't mind this cup and handle to play out as suggested, but I doubt it happens.

Indeed this is quite less real or a good thing to do. But if we have a mindset that wonderful then I think it's not something a bad thing. because of the nature of the world trading always starts with it all so nothing bad if we know which to do and which ones should be used. It's all already there when we trade .The world of trading is indeed full of uncertainties. But if it is we can do well then that was once the uncertainty is going to be a very definite advantage

[JimboToronto]

Good morning Bitcoinland.

Still in the $680s I see... about $688 according to Bitcoinaverage.

We're in our second day of sideways consolidation, hopefully getting ready for a weekend rise past $700.

At least we seem to be holding on to this weeks increases. Touch wood!

[soullyG]

Little bump up to the $690's is a good start to the weekend 

[Ibian]

1.  BTC980,000*. Satoshi Nakamoto

2.  BTC400,000*. HD Moore (AHA)

3.  BTC400,000*. Dustin D. Trammell (AHA)

4.  BTC400,000*. Tod Beardsley (AHA)

5.  BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR"

6.  BTC300,000.  Roger Ver

7.  BTC300,000*. "knightmb"

8.  BTC200,000. Mark Karpeles

8.5  BTC182,592. "Loaded"

9.  BTC174,000*. FBI (Federal Bureau of Investigation, USA)

10.  BTC119,000. AsicMiner Management Team of 3 (names?)

11.  BTC110,000. Cameron and Tyler Winklevoss

12.  BTC100,000. "klaus"

13.  BTC100,000. "mezzomix"

14.  BTC75,000. "artforz"

15.  BTC70,000. Erik Voorhees

17.  BTC30,000. "nakowa"

18.  BTC30,000. Mircea Popescu

19.  BTC30,000. "Goat"

20.  BTC25,000. Chamath Palihapitiya

21.  BTC25,000. Gavin Andresen

22.  BTC20,000. Max Keiser

23.  BTC20,000. "Theymos"


LETS PUMP THIS SHIT

Great decentralization  for new investors and everage JOE .

This butthurt again? A high concentration of coins in few hands is a Good Thing. It makes the remaining more scarce, driving up price for everyone.

[Denker]

Little bump up to the $690's is a good start to the weekend 

Yes that's what is was think as well.
Probably we are seeing some attempts to break the 700 barrier this weekend.
That would be really nice. I can already smell the 700 coming.
And if it shouldn't happen the next 2 days, I'm sure it's going to happen next week.Now after 2 years, November again will be our month!!!!

[hv_]

1.  BTC980,000*. Satoshi Nakamoto

2.  BTC400,000*. HD Moore (AHA)

3.  BTC400,000*. Dustin D. Trammell (AHA)

4.  BTC400,000*. Tod Beardsley (AHA)

5.  BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR"

6.  BTC300,000.  Roger Ver

7.  BTC300,000*. "knightmb"

8.  BTC200,000. Mark Karpeles

8.5  BTC182,592. "Loaded"

9.  BTC174,000*. FBI (Federal Bureau of Investigation, USA)

10.  BTC119,000. AsicMiner Management Team of 3 (names?)

11.  BTC110,000. Cameron and Tyler Winklevoss

12.  BTC100,000. "klaus"

13.  BTC100,000. "mezzomix"

14.  BTC75,000. "artforz"

15.  BTC70,000. Erik Voorhees

17.  BTC30,000. "nakowa"

18.  BTC30,000. Mircea Popescu

19.  BTC30,000. "Goat"

20.  BTC25,000. Chamath Palihapitiya

21.  BTC25,000. Gavin Andresen

22.  BTC20,000. Max Keiser

23.  BTC20,000. "Theymos"


LETS PUMP THIS SHIT

Great decentralization  for new investors and everage JOE .

This butthurt again? A high concentration of coins in few hands is a Good Thing. It makes the remaining more scarce, driving up price for everyone.

Yep and oviously leave them without privacy... So spot on!

[defined]

you guys want bullish news? how about this. no joke.

this company:

https://en.wikipedia.org/wiki/Swiss_Federal_Railways

a state owned company with 33k employees and around $8 billion turnover p.a. starts selling bitcoin in all of switzerland.

https://www.sbb.ch/en/station-services/services/further-services/bitcoin.html


here you have - out of the blue - the biggest seller of bitcoin worldwide. a federal railway company. 19th century tech my ass...

This is good news! Will they compete with Localbitcoins in fee? I like it, but I would not use it if it is more expensive than buying online.

[JayJuanGee]

 [edited out]

spot on

one caveat: fundamentally we don't know what will be the catalyst exactly, but any sort of conclusion of the "scaling" debate will do. Might even be a - lo and behold - successfull hardfork to unlimited

That's nonsense.  There's not going to be any hardfork to unlimited or any kind of hard blocksize limit increase in the near future.

The blocksize limit scaling debate is going to go on and on and on, but at the moment, it is essentially addressed with seg wit and some other changes that are in bitcoin's immediate pipeline.  In other words, we are likely to get exponential increases in price without any kind of hard increase in the blocksize because that is just a largely fictional problem that folks are largely coming to realize as the fiction that it is.   

[JayJuanGee]

Bitcoin 0.13.1 released (with Segwit)
https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2016-October/000023.html

Why you give the finger to this?  Isn't this a good thing, with decent progress being made?

[Denker]

Bitcoin 0.13.1 released (with Segwit)
https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2016-October/000023.html

Why you give the finger to this?  Isn't this a good thing, with decent progress being made?

No have a close look JJG!
It's forefinger and middle finger together.
That's means rocket heading to moon!!!!!!Up up up!

[nioc]

I'm still waiting for the collapse of 2015.75

[2017Bubble]

Boomshakalaka 700 dolla dolla

edit: Am I the only one enjoying this pump?

 

[Fakhoury]

THE RALLY CONTINUES !!!!!!!!!!