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

[Torque]

Damn... these whales trying to soooo hard to peg right at $899.9999

Nonsense.    

Really JJG?




JJG is like our resident Trump.  He tries to gaslight us all into not believing our own powers of observation.  

[JayJuanGee]

Damn... these whales trying to soooo hard to peg right at $899.9999

Nonsense.    

Really JJG?

we are kind of like in broken record territory, going over points that each of us has made several times, yet I wonder how much weight you give to each of the exchanges.

In 2010, 2011 and 2012 there were only a few exchanges, yet MTGOX dominated a considerable amount of the trading activities, and therefore the price in many regards.

In 2013 there were about half a dozen exchanges, and sure maybe a few more ways that BTC was being traded, including Localbitcoins and directly.

Between 2014 and present, the number of exchanges have increased well into the 100s, the number of liquidation avenues have increased, but sure I will give it to you that some exchanges are more BTC price influential than others, yet even if there happen to be some exchanges that are dominant or leaders at any moment, their prices also tend to vary and some times, also, the leader(s) can change.  

So, how the fuck do you continue to assert that there is any one numerological sticking point AND attempt to also make sense at the same time?  Are you a bit bonkers that you want to continue to attempt to describe some non-existing phenomenon in order that you can look at your astrology charts?

[Torque]

So, how the fuck do you continue to assert that there is any one numerological sticking point AND attempt to also make sense at the same time?  Are you a bit bonkers that you want to continue to attempt to describe some non-existing phenomenon in order that you can look at your astrology charts?

It's not numerology you idiot, that whale traders can control the market and peg the price to whatever they want (in this case right at Dollar-denominated whole round number values, which says alot about who the traders are)

Quit saying it's numerology or astrology.  It's neither.  You're just continuing to sound like a complete idiot.  

[Searing]

Well ....in the short term....I think the odds are pretty good that JUST when we get around $1,000 usd for a BTC again....China Gov't will drop the other shoe
on regulation irregularities as they call them on the Chinese exchanges. One way or another we will know how the China Gov't really feels about crypto and BTC
in how soft or hard they come down on them with fines etc.

Not looking like they really will slap them up much imho. But am accumulating $$$ for $750 btc price again.

Also if I'm wrong and they really slap them up. Then I can to to the mantra/motto: 'cheap coins, cheap coins'

my other mantra is ' moon,moon'

its all pretty 'binary' to protect my ego.

[JayJuanGee]

So, how the fuck do you continue to assert that there is any one numerological sticking point AND attempt to also make sense at the same time?  Are you a bit bonkers that you want to continue to attempt to describe some non-existing phenomenon in order that you can look at your astrology charts?

It's not numerology you idiot, that whale traders can control the market and peg the price to whatever they want (in this case right at Dollar-denominated whole round number values, which says alot about who the traders are)

Quit saying it's numerology or astronomy.  It's neither.  You're just continuing to sound like a complete idiot.  

That's ridiculous, and you are not even responding to various points that I make and have been making regarding various sticking points (to the extent that they may exist for a few hours or several days).. and then, you don't even indicate about which exchange (s) are you referring in this particular instance.

For example, if I were a whale or a couple of whales, I could set one bot at $902-ish and another bot at $898-ish and the price would likely end up gravitating to $899.99 without me (as a whale) even intervening.

Your point (to the extent that it means anything) is almost as nonsensical as either numerology and/or astrology, because even if you are making a different point, it makes about as much sense as numerology/astrology.

Well ....in the short term....I think the odds are pretty good that JUST when we get around $1,000 usd for a BTC again....China Gov't will drop the other shoe
on regulation irregularities as they call them on the Chinese exchanges. One way or another we will know how the China Gov't really feels about crypto and BTC
in how soft or hard they come down on them with fines etc.

Not looking like they really will slap them up much imho. But am accumulating $$$ for $750 btc price again.

Also if I'm wrong and they really slap them up. Then I can to to the mantra/motto: 'cheap coins, cheap coins'

my other mantra is ' moon,moon'

its all pretty 'binary' to protect my ego.

I am not sure if I am as negative as you about some of the short term manipulation and FUD spreading effects or even the effects of China on BTC prices , but I do think that it is a good idea for each of us HODLers to sufficiently prepare for either price direction, whether that is $750 or $1250.. and whether either price direction happens or not.

[Searing]

Well ....in the short term....I think the odds are pretty good that JUST when we get around $1,000 usd for a BTC again....China Gov't will drop the other shoe
on regulation irregularities as they call them on the Chinese exchanges. One way or another we will know how the China Gov't really feels about crypto and BTC
in how soft or hard they come down on them with fines etc.

Not looking like they really will slap them up much imho. But am accumulating $$$ for $750 btc price again.

Also if I'm wrong and they really slap them up. Then I can to to the mantra/motto: 'cheap coins, cheap coins'

my other mantra is ' moon,moon'

its all pretty 'binary' to protect my ego.

I am not sure if I am as negative as you, but I do think that it is a good idea to sufficiently prepare for either price direction, whether that is $750 or $1250

Well it will be one camp or the other. They will either ignore the problem with some verbal talk for the exchanges to fix stuff with no penalties or issues or imho
they will slap some restrictions on them in some manner to throttle them. Myself I think it likely will be a stern talking to and a wrist slap.

But the reaction of even the 'stern wrist slap' likely will drop the price. So need some $$$ on hand.

If nothing at all comes from it then I will want the $$$ set aside for moon,moon so I can run the bubble up with the other lemmings.

(good to have silly hobbies/goals)

[JayJuanGee]

Has anyone else been having trouble logging into their blockchain.info wallet, or just me?

[JayJuanGee]

Well ....in the short term....I think the odds are pretty good that JUST when we get around $1,000 usd for a BTC again....China Gov't will drop the other shoe
on regulation irregularities as they call them on the Chinese exchanges. One way or another we will know how the China Gov't really feels about crypto and BTC
in how soft or hard they come down on them with fines etc.

Not looking like they really will slap them up much imho. But am accumulating $$$ for $750 btc price again.

Also if I'm wrong and they really slap them up. Then I can to to the mantra/motto: 'cheap coins, cheap coins'

my other mantra is ' moon,moon'

its all pretty 'binary' to protect my ego.

I am not sure if I am as negative as you, but I do think that it is a good idea to sufficiently prepare for either price direction, whether that is $750 or $1250

Well it will be one camp or the other. They will either ignore the problem with some verbal talk for the exchanges to fix stuff with no penalties or issues or imho
they will slap some restrictions on them in some manner to throttle them. Myself I think it likely will be a stern talking to and a wrist slap.

But the reaction of even the 'stern wrist slap' likely will drop the price. So need some $$$ on hand.

If nothing at all comes from it then I will want the $$$ set aside for moon,moon so I can run the bubble up with the other lemmings.

(good to have silly hobbies/goals)

You don't buy some of the theories that it could be a bullish thing for btc prices to have some of the chinese exchanges to be reigned in a little bit with their outrageous volume and margin trading and likely fractional reserve practices?

[Killerpotleaf]

Well ....in the short term....I think the odds are pretty good that JUST when we get around $1,000 usd for a BTC again....China Gov't will drop the other shoe
on regulation irregularities as they call them on the Chinese exchanges. One way or another we will know how the China Gov't really feels about crypto and BTC
in how soft or hard they come down on them with fines etc.

Not looking like they really will slap them up much imho. But am accumulating $$$ for $750 btc price again.

Also if I'm wrong and they really slap them up. Then I can to to the mantra/motto: 'cheap coins, cheap coins'

my other mantra is ' moon,moon'

its all pretty 'binary' to protect my ego.

I am not sure if I am as negative as you, but I do think that it is a good idea to sufficiently prepare for either price direction, whether that is $750 or $1250

Well it will be one camp or the other. They will either ignore the problem with some verbal talk for the exchanges to fix stuff with no penalties or issues or imho
they will slap some restrictions on them in some manner to throttle them. Myself I think it likely will be a stern talking to and a wrist slap.

But the reaction of even the 'stern wrist slap' likely will drop the price. So need some $$$ on hand.

If nothing at all comes from it then I will want the $$$ set aside for moon,moon so I can run the bubble up with the other lemmings.

(good to have silly hobbies/goals)

i'm thinking along the same lines.

I grabbed some ammo, just incase you start yelling 'cheap coins, cheap coins'

892 . are they cheap yet?

[JayJuanGee]

Has anyone else been having trouble logging into their blockchain.info wallet, or just me?

I just found this website.


It looks like it has been down for about two hours...

No wonder.


http://www.isitdownrightnow.com/blockchain.info.html

[Killerpotleaf]

Has anyone else been having trouble logging into their blockchain.info wallet, or just me?

I just found this website.


It looks like it has been down for about two hours...

No wonder.


http://www.isitdownrightnow.com/blockchain.info.html

you'll need this link

https://blockchain.info/wallet/#/

[JayJuanGee]

Has anyone else been having trouble logging into their blockchain.info wallet, or just me?

I just found this website.


It looks like it has been down for about two hours...

No wonder.


http://www.isitdownrightnow.com/blockchain.info.html

you'll need this link

https://blockchain.info/wallet/#/

The link that I gave was just to provide the status of the site... The site seems to be back up now, but my wallet still is not loading... maybe I just have to wait a bit because they seem to have acknowledged also that the site was down for a bit of time... hopefully it gets back up and running soon...

[Killerpotleaf]

Has anyone else been having trouble logging into their blockchain.info wallet, or just me?

I just found this website.


It looks like it has been down for about two hours...

No wonder.


http://www.isitdownrightnow.com/blockchain.info.html

you'll need this link

https://blockchain.info/wallet/#/

The link that I gave was just to provide the status of the site... The site seems to be back up now, but my wallet still is not loading... maybe I just have to wait a bit because they seem to have acknowledged also that the site was down for a bit of time... hopefully it gets back up and running soon...

i saw the same error the other day.

[Searing]

Well ....in the short term....I think the odds are pretty good that JUST when we get around $1,000 usd for a BTC again....China Gov't will drop the other shoe
on regulation irregularities as they call them on the Chinese exchanges. One way or another we will know how the China Gov't really feels about crypto and BTC
in how soft or hard they come down on them with fines etc.

Not looking like they really will slap them up much imho. But am accumulating $$$ for $750 btc price again.

Also if I'm wrong and they really slap them up. Then I can to to the mantra/motto: 'cheap coins, cheap coins'

my other mantra is ' moon,moon'

its all pretty 'binary' to protect my ego.

I am not sure if I am as negative as you, but I do think that it is a good idea to sufficiently prepare for either price direction, whether that is $750 or $1250

Well it will be one camp or the other. They will either ignore the problem with some verbal talk for the exchanges to fix stuff with no penalties or issues or imho
they will slap some restrictions on them in some manner to throttle them. Myself I think it likely will be a stern talking to and a wrist slap.

But the reaction of even the 'stern wrist slap' likely will drop the price. So need some $$$ on hand.

If nothing at all comes from it then I will want the $$$ set aside for moon,moon so I can run the bubble up with the other lemmings.

(good to have silly hobbies/goals)

You don't buy some of the theories that it could be a bullish thing for btc prices to have some of the chinese exchanges to be reigned in a little bit with their outrageous volume and margin trading and likely fractional reserve practices?

Long term yes. Me in my quest to get back to 100 btc no.  Roi'd equip paid self. Trying
to get orig hoard back. Thus conflicted 😐

[JayJuanGee]

Has anyone else been having trouble logging into their blockchain.info wallet, or just me?

I just found this website.


It looks like it has been down for about two hours...

No wonder.


http://www.isitdownrightnow.com/blockchain.info.html

you'll need this link

https://blockchain.info/wallet/#/

The link that I gave was just to provide the status of the site... The site seems to be back up now, but my wallet still is not loading... maybe I just have to wait a bit because they seem to have acknowledged also that the site was down for a bit of time... hopefully it gets back up and running soon...

i saw the same error the other day.

I don't know how sporadic are these kinds of "down" problems?   I tried to log in for several times for more than 30 minutes through various means, and I was getting worried because it seemed like some parts of the website were working, and then I found the one page that showed the website to be down, yet it seems that even after the website was back up, it took nearly another half an hour before I was finally able to access my wallet... which everything seems fine, now.

I was also getting a bit worried because I recall one instance a few years ago (I am not sure whether rumor or true), but folks had apparently lost some value because there was a DDOS attack and then some kind of diversion and then ability of capturing of passwords.. Frequently can get worrying about those kinds of potential hacker and robber situations.

[JayJuanGee]

Well ....in the short term....I think the odds are pretty good that JUST when we get around $1,000 usd for a BTC again....China Gov't will drop the other shoe
on regulation irregularities as they call them on the Chinese exchanges. One way or another we will know how the China Gov't really feels about crypto and BTC
in how soft or hard they come down on them with fines etc.

Not looking like they really will slap them up much imho. But am accumulating $$$ for $750 btc price again.

Also if I'm wrong and they really slap them up. Then I can to to the mantra/motto: 'cheap coins, cheap coins'

my other mantra is ' moon,moon'

its all pretty 'binary' to protect my ego.

I am not sure if I am as negative as you, but I do think that it is a good idea to sufficiently prepare for either price direction, whether that is $750 or $1250

Well it will be one camp or the other. They will either ignore the problem with some verbal talk for the exchanges to fix stuff with no penalties or issues or imho
they will slap some restrictions on them in some manner to throttle them. Myself I think it likely will be a stern talking to and a wrist slap.

But the reaction of even the 'stern wrist slap' likely will drop the price. So need some $$$ on hand.

If nothing at all comes from it then I will want the $$$ set aside for moon,moon so I can run the bubble up with the other lemmings.

(good to have silly hobbies/goals)

You don't buy some of the theories that it could be a bullish thing for btc prices to have some of the chinese exchanges to be reigned in a little bit with their outrageous volume and margin trading and likely fractional reserve practices?

Long term yes. Me in my quest to get back to 100 btc no.  Roi'd equip paid self. Trying
to get orig hoard back. Thus conflicted 😐

Personally, I have a lot of empathy for your situation and I think that I know your situation fairly well.

And, personally, I think that guys like you need to figure out some systematic way to sell coins on the way up and buy on the way down that also preserves a certain quantity of your principle.

We all know that no matter what Bitcoin is not going to go either straight up or straight down, there are going to be a lot of ups and downs.  I personally think that you can figure a way to sell on the way up and ultimately you still should be able to maintain your 100 BTC... unless maybe 100 is too high of a target?  Maybe your target can be 90 or whatever... but anyhow, since I started trading (and really small increments), I had projected to maintain a certain quantity of coins that was approximately 7.5% below the quantity that I started with in October 2015... So at that time the price was in the mid $200s, and I projected that I could maintain within 7.5% of my original coins up to about $1,000 or so....  

Actually through my continued trading, I have never gone below that number that was 7.5% below my original starting amount, and currently I hold about 17% more coins than I held in October 2015 (even though I have been continuing to sell small quantities as the price goes up and to buy back).  Additionally, I have projected to continue to maintain the ability (if I want) to continue to have at least that same number that was 7.5% below my original start amount, even if the price were to shoot up to $6k.. so systematic trading can be a very powerful means to insure yourself from some of the volatility and allowing more and more accumulation and more and more of a cushion to maintain a certain set quantity of coins even as the price is rising and even if you continue to strategically and incrementally sell small quantities on the way up.

[Stevenirving]

Trump inauguration bull run is coming today. All those people thinking its the end of the world and all that good stuff once chaos ensues in DC
Ready to cash out at 1000

[Cassius]

Trump inauguration bull run is coming today. All those people thinking its the end of the world and all that good stuff once chaos ensues in DC
Ready to cash out at 1000

Hrrrm, not sure. He and Yellen are at odds. I can see it going either way.

[NUFCrichard]

Trump inauguration bull run is coming today. All those people thinking its the end of the world and all that good stuff once chaos ensues in DC
Ready to cash out at 1000

Hrrrm, not sure. He and Yellen are at odds. I can see it going either way.

It would be interesting to see the effect on the Bitcoin price (and PMs) if he audits the FED.
I really hope he does, I think there are a lot of skeletons in that closet!

They should do a Gold audit whilst they are auditing stuff. How much does Tungsten cost? Not as much as Gold I'd wager!

[slap]

Yellen

http://www.coindesk.com/fed-yellen-blockchain-important-tech/