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

[lemmyK]

http://www.zerohedge.com/news/2017-01-05/fiat-money-fiat-news
The globalist banking system and the U.S. deep state administer the world on behalf of humanity's Nemesis....

Reality.

good save Trump , 

[Elwar]

tzupy is the new masterluc

Who is tzupy? Never heard about him.

tzupy is the clown that is shorting bitcoin every day since bitcoin was $200.

Craig Wright have now only 995000 BTC for shorting.

He miserably failed to prove it.

He and a group of investors are making patents on btc as we speak. He claims in
2020 he will be allowed 1 mil btc trust. If so imho we are screwed if true. He hates all
 now. Press,us all for not believing it was Satoshi if he is him. He will flush the works imho.

If the 1/2% chance it is true he is Satoshi or the last living of the supposed 3 man group that
Made btc. He's the btc boogieman long shot nightmare. (Damn scared stuff)

I would say that Wright went this route because he knew that his buddy who died (right around the time Satoshi said he had to leave to do other things) was Satoshi. Knowing this, he could claim to be Satoshi knowing the real Satoshi would never reveal himself. But he doesn't have the private keys. If he did he would have proved he was Satoshi long ago.

[kehtolo]

Ok, Lets not freak out just yet...

Just a couple of weeks ago.. I saw the BTC market cap (i hate that term!) pass the old ATH 13,6B

Then it passed 14,15,16, (then the hit articles started coming) 17, 17.5 - touching Gold now.. passing it.. 18 Bn.. 18. something billion....
then a correction.
All so fast..

Then back at 16.75 now.

What's the problem again?

[Killerpotleaf]

Ok, Lets not freak out just yet...

Just a couple of weeks ago.. I saw the BTC market cap (i hate that term!) pass the old ATH 13,6B

Then it passed 14,15,16, (then the hit articles started coming) 17, 17.5 - touching Gold now.. passing it.. 18 Bn.. 18. something billion....
then a correction.
All so fast..

Then back at 16.75 now.

What's the problem again?

the problem:
https://www.reddit.com/r/Bitcoin/comments/1sowur/how_is_a_2600000000000_market_cap_for_btc_possible/

[HI-TEC99]

Ok, Lets not freak out just yet...

Just a couple of weeks ago.. I saw the BTC market cap (i hate that term!) pass the old ATH 13,6B

Then it passed 14,15,16, (then the hit articles started coming) 17, 17.5 - touching Gold now.. passing it.. 18 Bn.. 18. something billion....
then a correction.
All so fast..

Then back at 16.75 now.

What's the problem again?

It's gone back over $1000 for the last few hours, and it was below $600 last summer. There is no problem. The bears say it might go down to $700 or $800 before more up, and the bulls say more up with little to no ore retrace. Either way it's going up in the long run.

[unknown04]

This year should be a great year for bitcoins. $2k or more could be achievable if the same patterns continues. When the bears gave up, the bulls comes in.

[jbreher]

I had noticed this spamming of the blockchain,

The market is making the largest moves that it has made in years. Why do you classify transaction demand as spamming? Does it not make sense that times of great market volatility might be times that people might be genuinely desiring to move their BTC either on- or off- exchanges?

[ebanoelcomegen]

Bueno me parece que la posición que esta asumiendo en relación a los precios del bitcoin es la mas aceptada, espero que la difusión relacionado con la manera de llegar a los inversionistas de los países latinoamericanos sea mas intensa y mejor expresada para levantar el interés de la comunidad.

[unknown04]

Bueno me parece que la posición que esta asumiendo en relación a los precios del bitcoin es la mas aceptada, espero que la difusión relacionado con la manera de llegar a los inversionistas de los países latinoamericanos sea mas intensa y mejor expresada para levantar el interés de la comunidad.

"Well I think that the position that is assuming in relation to bitcoin prices is the most accepted, I hope that the diffusion related to the way to reach the investors of the Latin American countries is more intense and better expressed to lift the interest of the community."

[kehtolo]

Ok, Lets not freak out just yet...

Just a couple of weeks ago.. I saw the BTC market cap (i hate that term!) pass the old ATH 13,6B

Then it passed 14,15,16, (then the hit articles started coming) 17, 17.5 - touching Gold now.. passing it.. 18 Bn.. 18. something billion....
then a correction.
All so fast..

Then back at 16.75 now.

What's the problem again?

It's gone back over $1000 for the last few hours, and it was below $600 last summer. There is no problem. The bears say it might go down to $700 or $800 before more up, and the bulls say more up with little to no ore retrace. Either way it's going up in the long run.

I'm bullish as hell and can see it bouncing around 900-1100 range for the next 1-3 months. (or it could Moon next week or two)
I would have no problem with that. I was happy when we were sitting at 750.. This is from the supply shock from halving.
This is supposed to happen.
The higher we float while we consolidate here.. then whopeee.
14B or 18B - i don't care.. so long as transaction# and hash rate and difficulty are rising.. its all good.
Price is a side effect. Buy cheap as you can, by all means.
Long term 4-8 years (2x block reward halving events) if it's all still working..if you can hodl on that long..
Then its a binary thing..

Give me Moon or give me hell...

[Killerpotleaf]

Bitfinex data shows Longs positions went down 11,000BTC during the drop,

I believe we have witnessed a long shake out, presumably poeple set "stop gain" orders, then price fell, which triggered the some of the longs stop loss, which pushed price futher down, which triggered more stop loss/gain. ( which is why the drop was so fast and furious )

a few more shorts have built up during the flash crash. shorts have been rather high ( and slowly building ) ever since 815ish.

overall i am glad to see longs take profit, little surprised at how much was wiped off the table, but this is gr8.

[kehtolo]

Bitfinex data shows Longs positions went down 11,000BTC during the drop,

I believe we have witnessed a long shake out, presumably poeple set "stop gain" orders, then price fell, which triggered the some of the longs stop loss, which pushed price futher down, which triggered more stop loss/gain. ( which is why the drop was so fast and furious )

a few more shorts have built up during the flash crash. shorts have been rather high ( and slowly building ) ever since 815ish.

overall i am glad to see longs take profit, little surprised at how much was wiped off the table, but this is gr8.

Long shake out is right...

It shows how thinly overall this market really is.. but we know this.. this is bitcoin.

Sadly i'd no fresh fiat waiting.. but my girlfriend did!!!.. at €950 and €850..
She did well.. I could only sit at work watching red candles growing longer.. coins locked up at home.

And now? <insert meme of woman crying here> my bitcoins are only worth what they were worth 4 days ago (after a good rise)...

[ACAB]

That dump just killed me. I  got margincalled for 1 btc. And now I bet its going to only go up. So shitty.

[Killerpotleaf]

That dump just killed me. I  got margincalled for 1 btc. And now I bet its going to only go up. So shitty.

the 1010 to 970 plunge? ya man that sucks, 5% swings are way more then likely at this time.

WAaaaa 965, thats fucking nice, really getting that urge to hit buy.

[BlindMayorBitcorn]

Yaaaayyyy!!! ... OMG!!! We are having correction...    

 

Or this is the beginning of another year long bear market. Remember that? Imagine.

[jofus]

Starting to look like a dead cat 

[coolbeans94]

Since this is a speculation thread, I'm calling 10,000 in the next 24 hours... Grab (another) bag of popcorn folks.

Wow. I was totally wrong. Haha. 

[kehtolo]

Since this is a speculation thread, I'm calling 10,000 in the next 24 hours... Grab (another) bag of popcorn folks.

Wow. I was totally wrong. Haha. 

oh well.. based on this..

how much you sellin' popcorn for?


*Don't worry..2017 shall be the year that i'll be munching on FOMO Popcorn..
off to a good start, so far i'd say..

[Killerpotleaf]

[kehtolo]

Someone with much better skills than me, please make a meme out of

"dumbing for dummies...

   ..a guide for normies"