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

[coolbeans94]

China doesn't give a shit, they just print more money, and keep buying. over 8,800 now!

[eddie13]

8.8k cny just hapened..

[simmo77]

Tera, NLC, Stolfi...

One of these things is not like the others. A holder/trader who made some fucking excellent calls and then decided to just hold and not be stressed out all the time like me is a hell of a lot different than a bear troll or a... extremely misguided south american socialist.

Edit: But idk, I've been OOTL here a bit. Tera didn't do anything stupid did he?

Yeah fair call on Tera - he (or she, thought Tera was a lady? Not that it matters...) was always on the bearish side, but analysis was usually pretty sound and to his/her credit usually "showed her work"/reasons for making the calls.

NLC and Trolfi on the other hand... oxygen thieves

[HairyMaclairy]

8,800 Incoming... I said it before, and say it again:

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.


8,800? I mean why not right?

Yup Huobi says why not ! Done!

[yrtrnc]

İs China converting all its yuan to BTC?

[tabnloz]

8,800 Incoming... I said it before, and say it again:

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.


8,800? I mean why not right?

Yeah. Continuing devaluation and rumors of capital controls.

[HairyMaclairy]

$120 gap between Huobi and BFX and widening

[Torque]

https://bitcoinwisdom.com/markets/coinbase/btcusd

coinbase taking off on its own now..

Did Coinbase just bypass Stamp for coins?

[yrtrnc]

Best to buy from btce and sell on huboi

[eddie13]

I've been waiting a long time for the american exchanges to catch up a bit to buy my margin back on huobi but it looks like china is going to take off and leave the west behind like it just doesn't care..

bitstamp is looking obsolete.. Another btc-e

[coolbeans94]

8,800 Incoming... I said it before, and say it again:

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.


8,800? I mean why not right?

Yeah. Continuing devaluation and rumors of capital controls.

8,850 Why not??? Just print moar fiat! No problem!

[eddie13]

https://bitcoinwisdom.com/markets/coinbase/btcusd

coinbase taking off on its own now..

Did Coinbase just bypass Stamp for coins?

Idk about vol but price yeah and steady for a while now..

1163.3 vs 1159.9 now...

[PoolMinor]

Name   Market Cap           Price             Available Supply   Volume (24h)   % Change (24h)   
Bitcoin   $19,089,012,930   $1186.85       16,083,762 BTC    $369,282,000     11.74%

[2017Bubble]

8888

Prepare for your over 9000 gifs gents.

 

[PoolMinor]

[notme]

8,800 Incoming... I said it before, and say it again:

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.


8,800? I mean why not right?

Might as well go for 8888.

[Torque]

I smell conspiracy.  Naked short selling at Stamp to hold down price? They are Coinbase's main exchange, amiright?

[HairyMaclairy]

8888 done.  Next stop?

[eddie13]

coinbase $10 over bfx now..

just hit $19 over!!! WTF

[Bitcoinb0b]

8is like the luckiest number in Chinese culture.