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

[synthgauge]

Sell ur worthless bags of alts pals and gals. We got a new high here, accompanied by a beautiful upside breakout from the triangle, which is happening right now on a more-less consistent volume which is all signs of uptrend recommence, and the target for that next pop is expected to be not less than $950. Everyone holding alts especially BETH (buterium) must be feeling suicidal - tell ur fellows comrades how it feels.

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[synthgauge]

I just heard from a reputable source that Trump is gonna ban BTC.

And China is also going to regulate BTC.

 

Could that "reputable source" actually be a chinese redditor?

[petahashminer]

lol he is just trolling

too soon , 
, wait for $1000.

[Hunyadi]

I just heard from a reputable source that Trump is gonna ban BTC.

And China is also going to regulate BTC.

 

Could that "reputable source" actually be a chinese redditor?

Guys, take it easy 

[Kanapka]

I just heard from a reputable source that Trump is gonna ban BTC.

And China is also going to regulate BTC.

 

Could that "reputable source" actually be a chinese redditor?

I really don't think Trump cares too much about Bitcoin

He's is trying to fight the world's established power, I think Bitcoin is too insignificant for him to care about

But I think some republicans are favorable to BTC, if my rumors are right

[soullyG]

@molecular, toknormal - thanks for the source of the matroska cup and handle image, I was wondering who created it!

I'm interested to see how closely the price has followed the prediction recently if you feel like making an updated version 

[soullyG]

Tasty sell wall of 2.8k coins at $752

[toknormal]

This little correction looks like it's desperate to complete.

1 hour chart is only halfway through but price is back on the rise again. The 1-hour momentum is holding it down, constraining it's buoyancy like the anchors on a hot air balloon that's already at full temperature. Looks like it's only 4 or 5 bars away from green-lighting another possible surge.

Peter Thiel getting onto a US presidential transition team is pretty phenomenal. As far as the Bitconi dimension goes it's a bit like "Vatican Magazine" accepting a full page Durex commercial on it's centre page IMO.

Whatever the politics of the situation, I think one characteristic of Trump is that he values practical solutions at least as much, if not more, than ideological objectives. He took to Twitter like a duck to water and I'm sure he'll be equally open minded about the "new monetary frontier".

Ok, thats enough fundamentals for now. Back to wall observing.

[JimboToronto]

A pleasant morning to all Bitcoinlanders.

Still scrapping over $750 I see.... $749 to be exact (Bitcoinaverage).

Seems the massive correction was short-lived and we're about where we were last night.

The good news for all the Canucks here is that we're still in quadruple digits... $1006.

Onward and upward. (Sure is nice not to say "sideways".)

[Gash]

I just heard from a reputable source that Trump is gonna ban BTC.

And China is also going to regulate BTC.

 

Trump is not gonna ban BTC. On the contrary, I think BTC will bloom under his presidency. Stop panicking.
Read this news instead - Donald J. Trump Appoints Bitcoin Investor Peter Thiel to Presidential Transition Team:

https://www.cryptocoinsnews.com/donald-j-trump-bitcoin-peter-thiel/

If Trump was a jew he would perfectly fit the image of Habbani clan high-up. All jew families are so fucking united and have their role models coming under heavy pressure from house papa to help their kids and kids of their kids to establish credit and accumulate all money in the world. And maintain family roots. Trump seems to be gathering some ultimate super gang here:

President-elect Trump appointed a litany of Republican Party sweethearts such as New Jersey Governor Chris Christie, Former Speaker of the U.S. House of Representatives Newt Gingrich, and Former New York City Mayor Rudy Giuliani.

Trump also announced the billionaire technologist Thiel would join the Presidential Transition Team Executive Committee, alongside his all three of his children.

Basically, his kids who will all be elected at some instant of time in the future (mark my words), shills like NY major (always make sure to have a backup when u run into criminal stuff) and billionaire magnate who reportedly donated $ million towards his campaign. There u get the right people  

Will he herald bitcoin industry? I doubt that. More likely manipulate SEC and try to correlate regulatory changes he plans with moves in the major financial markets, according to his and his dudes' trading position. Why? Since he has the allowance, permissions and best informations available to him which is out of reach of normal and institutional participants. About bitcoin, well, not now. In a borderline case, trump might spur two little positive changes:

1. Legitimize etf with SEC.
2. Scrap the bitlicense. Will allow to freely do business with btc in ny, in turn opening the door for overseas capitals.

That would be good.

[crypto research]

BTC soon  2000.

Mark my words

[calme]

more futures contracts at okcoin than maybe ever

[synthgauge]

I just heard from a reputable source that Trump is gonna ban BTC.

And China is also going to regulate BTC.

 

Could that "reputable source" actually be a chinese redditor?

I really don't think Trump cares too much about Bitcoin

He's is trying to fight the world's established power, I think Bitcoin is too insignificant for him to care about

But I think some republicans are favorable to BTC, if my rumors are right

Yeah with dangerously finite transactions throughput, bitcoin in its current state might not be something an investment mogul would dream about at nights.

But hey sky is the limit. That said, same as samsung SDI is about to invest billions in backplane transistors tech for OLED and HDR, Trump might drop some into bitcoin sidechain research for example.

Apart from obama he will speak to his pockets in the end of the day. Trump is money not dignity.

[Gash]

more futures contracts at okcoin than maybe ever

This is cause we marked a new high and theres still a lot of room till the expiration of quarterly delivery period. Which means quarterly contracts can easily close at ATH.

[Chef Ramsay]

Did somebody turn the lights out up in here?

[TERA]

I dont get the people saying that the rally is due to world events and Bitcoin supposedly being a haven asset. All of the other haven assets such as gold are FALLING so it's not that. It's more likely due to Bitcoin specific events like Segwit and Lightning Network.

[Meuh6879]

And ... it comes the purge. 

[Temp_JayJuanGee]

Did somebody turn the lights out up in here?

MUCH  moar exciteeeeee when dee price b goin  upity.  


And we were so, so close to breaking through $750, too.

I don't expect to make it passed the mid $800s without a couple more corrections..... though I also would not mind being surprised to the contrary...

There just seem to be a lot more shorting tools these days as compared with previous price explosions...

Just doesn't seem like we are going to get a z-cash like 2,000x price spike any time soon... Am I be wrong?

[BlindMayorBitcorn]

I have to admit I'm surprised most of you are still here. Nobody thinks this is the top yet? Really?

[DaRude]

I have to admit I'm surprised most of you are still here. Nobody thinks this is the top yet? Really?

Not if segwit gets voted on, right away. Popcorn time