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

[JimboToronto]

Good morning Bitcoinland.

Still going sideways in the $900 range... currently exactly $900USD at Bitcoinaverage.

The big USA inauguration day whoop-de-doo that everyone seemed to be expecting hasn't happened so far but it's still early.

Like the election day hype, I think it's over-rated.

We'll see.

[osmotic]

Good morning Bitcoinland.

Still going sideways in the $900 range... currently exactly $900USD at Bitcoinaverage.

The big USA inauguration day whoop-de-doo that everyone seemed to be expecting hasn't happened so far but it's still early.

Like the election day hype, I think it's over-rated.

We'll see.

Trump gets to be president in about half an hour. I don't expect the price to do much immediately afterwards. He can't start changing policies until after the weekend.

[Killerpotleaf]

Good morning Bitcoinland.

Still going sideways in the $900 range... currently exactly $900USD at Bitcoinaverage.

The big USA inauguration day whoop-de-doo that everyone seemed to be expecting hasn't happened so far but it's still early.

Like the election day hype, I think it's over-rated.

We'll see.

Trump gets to be president in about half an hour. I don't expect the price to do much immediately afterwards. He can't start changing policies until after the weekend.

as if watching trump get sworn in won't cause mass hysterical buying of gold silver and bitcoin...

get real.

T-25 mins till lift off!

[Elwar]

I'm surprised the Bitcoin price didn't skyrocket when Trump basically told the rest of the world "Fuck You".

Or maybe it did skyrocket in other country's currencies and the dollar just became stronger?

[JimboToronto]

Trump inaugurated, Bitcoin yawns.

[conspirosphere.tk]

Trump inaugurated, Bitcoin yawns.

During the honey moon about next 6 months I expect the USD to stay strong, then when reality will start sinking in from the third quarter it will get interesting. A time window in the short to medium term for latecomers to accumulate.

[bitcoinvest]

I really don't understand this thing wi th Trump.
I watched the show now and was good to watch him saying we will give power to people, when he say we not only transfer power from one president to another but today we transfer power to you to people.

What is the relation of BTC and Trump compare to price??

Also please have a look on that about ETF
http://www.coindesk.com/ex-gemini-lawyer-sec-unlikely-to-approve-winklevoss-bitcoin-etf/

All people here in the forum spoke about a YES on ETF but the news look different..

Maybe is the same how news spoke about Trump before elections and after the result was different? who knows...

[JimboToronto]

Trump inaugurated, Bitcoin yawns.

During the honey moon about next 6 months I expect the USD to stay strong, then when reality will start sinking in from the third quarter it will get interesting. A time window in the short to medium term for latecomers to accumulate.

You may be generous in giving the honeymoon 6 months.

https://www.theguardian.com/commentisfree/2017/jan/20/president-trump-honeymoon

[Torque]

In a day or two I'm thinking that 860-870 will be retested, then hopefully bounce from there into the 900s.

[osmotic]

I really don't understand this thing wi th Trump.
I watched the show now and was good to watch him saying we will give power to people, when he say we not only transfer power from one president to another but today we transfer power to you to people.

What is the relation of BTC and Trump compare to price??

Also please have a look on that about ETF
http://www.coindesk.com/ex-gemini-lawyer-sec-unlikely-to-approve-winklevoss-bitcoin-etf/

All people here in the forum spoke about a YES on ETF but the news look different..

Maybe is the same how news spoke about Trump before elections and after the result was different? who knows...

None of the commentators to that story agree with it. In this one the commentator asks why Mr. Castillo is an "EX"-Gemini lawyer, and suggests that's the reason he's saying Gemini won't get approved.


http://disq.us/p/1ffhslx

Dan   2 hours ago
First the article quotes him as saying, "It seems unlikely, among all the other reasons, that the commission is going to want to move forward with a product where the major trading is done on an exchanges that may not be following our AML guidelines."

Yet almost immediately after, the article goes on to acknowledge that China is, in fact, making efforts to implement AML practices:
"That, coupled with the China government’s recent crackdown on cryptocurrency exchanges and anti-money laundering practices, makes for an even less likely approval, he said."
Yet in the second comment, the Chinese crackdown is evidence of somehow dissuading the commission from approval. What?
I would be interested in knowing why Mr. Castillo is an "EX"-Gemini lawyer and if he has any ulterior motives to insinuate that Gemini does not get approval.

[Gussius]

I'm surprised the Bitcoin price didn't skyrocket when Trump basically told the rest of the world "Fuck You".

Or maybe it did skyrocket in other country's currencies and the dollar just became stronger?

Why would it have scyrocketed?
Did you bought more bitcoin because Trump gave his speach? Markets move in my understanding on anticipation, there's nothing new here. I think that it's possible in our tiny market, that whenever news hit the news, there is always a bear or a bull waiting to move the market. In anticipation.

[Killerpotleaf]

i love trump!  

I really don't understand this thing wi th Trump.
I watched the show now and was good to watch him saying we will give power to people, when he say we not only transfer power from one president to another but today we transfer power to you to people.

What is the relation of BTC and Trump compare to price??

trump is all about free markets, limited government, individual freedoms etc etc

kinda like mr. bitcoin

[Killerpotleaf]

In a day or two I'm thinking that 860-870 will be retested, then hopefully bounce from there into the 900s.

I agree with you there, i think a new "all time recent low" is possible ( like 720?690? ) within a few weeks , but unlikely, very unlikely, and the retest of the mid or low 800's will make that clear.

[conspirosphere.tk]

What is the relation of BTC and Trump compare to price??

It's about expectations and BTC as a refuge asset when the SHTF everywhere (or is expected imminently to do so).

If now many expect that Trump can someway do miracles and fix the mess BTC would have much less appeal compared to a panic on the markets.

Add that the euro is going down the drain maybe even this year and I have great expectation on BTC price starting from the autumn.

edit: here's the usual effect on gold of Inauguration Years Since 1974:

https://twitter.com/MarkTOByrne/status/822519819572486144

[JayJuanGee]

I really don't understand this thing wi th Trump.
I watched the show now and was good to watch him saying we will give power to people, when he say we not only transfer power from one president to another but today we transfer power to you to people.

What is the relation of BTC and Trump compare to price??

Also please have a look on that about ETF
http://www.coindesk.com/ex-gemini-lawyer-sec-unlikely-to-approve-winklevoss-bitcoin-etf/

All people here in the forum spoke about a YES on ETF but the news look different..

Maybe is the same how news spoke about Trump before elections and after the result was different? who knows...

None of the commentators to that story agree with it. In this one the commentator asks why Mr. Castillo is an "EX"-Gemini lawyer, and suggests that's the reason he's saying Gemini won't get approved.


http://disq.us/p/1ffhslx

Dan   2 hours ago
First the article quotes him as saying, "It seems unlikely, among all the other reasons, that the commission is going to want to move forward with a product where the major trading is done on an exchanges that may not be following our AML guidelines."

Yet almost immediately after, the article goes on to acknowledge that China is, in fact, making efforts to implement AML practices:
"That, coupled with the China government’s recent crackdown on cryptocurrency exchanges and anti-money laundering practices, makes for an even less likely approval, he said."
Yet in the second comment, the Chinese crackdown is evidence of somehow dissuading the commission from approval. What?
I would be interested in knowing why Mr. Castillo is an "EX"-Gemini lawyer and if he has any ulterior motives to insinuate that Gemini does not get approval.

These are all good points including the ones made by Dan.

From the start, I was a bit skeptical of any claim that asserts a 95% chance of such a thing not occurring based on the reasons that were provided

i love trump!  

I really don't understand this thing wi th Trump.
I watched the show now and was good to watch him saying we will give power to people, when he say we not only transfer power from one president to another but today we transfer power to you to people.

What is the relation of BTC and Trump compare to price??

trump is all about free markets, limited government, individual freedoms etc etc

kinda like mr. bitcoin

Except you gotta throw the self-dealing, narcisisms, attention whoring, bullying behavior and the attempts to be shocking, contrarian and unpredictable in there... so I am not sure about whether you can really either pinpoint him or to suggest that he is anything that is positive, except to the extent that he is likely to contribute considerably to chaos (whether that is a good thing, seems questionable)

[Killerpotleaf]

i bet all the retards that protested trumps victory, listen to his speech today and thought to themselves:

" but what about world peace?   if we work together we can make the whole world gr8 again. i was promised a female president   "

[Killerpotleaf]

Except you gotta throw the self-dealing, narcisisms, attention whoring, bullying behavior and the attempts to be shocking, contrarian and unpredictable in there... so I am not sure about whether you can really either pinpoint him or to suggest that he is anything that is positive, except to the extent that he is likely to contribute considerably to chaos (whether that is a good thing, seems questionable

dude you're brainwashed.

[Chef Ramsay]

Trump inaugurated, Bitcoin yawns.

During the honey moon about next 6 months I expect the USD to stay strong, then when reality will start sinking in from the third quarter it will get interesting. A time window in the short to medium term for latecomers to accumulate.

You may be generous in giving the honeymoon 6 months.

https://www.theguardian.com/commentisfree/2017/jan/20/president-trump-honeymoon

That's the same establishment propaganda that told us for nine months that Trump had no chance in the first place. There's no excuses for him not getting his way on most things considering he has the entire Congress at his back. Not to mention all the bitcoin friendly people in his cabinet.

[JayJuanGee]

Except you gotta throw the self-dealing, narcisisms, attention whoring, bullying behavior and the attempts to be shocking, contrarian and unpredictable in there... so I am not sure about whether you can really either pinpoint him or to suggest that he is anything that is positive, except to the extent that he is likely to contribute considerably to chaos (whether that is a good thing, seems questionable

dude you're brainwashed.

Ok.. sure, chaos can contribute to value when it comes to things such as bitcoin and prices and things like that can improve because of chaos, but it remains considerably questionable whether having goofballs likely destroying and redistributing public value to themselves and friends (in an higher proportion than usual) is good for society as a whole.

I personally would not prefer the occurrence of societal destruction merely in order that the price of my bitcoins would be more likely to go up... I also don't really care that much about my own personal wealth, as long as I am doing well, I don't need to be super rich and I am happy fitting in as "normal" rather than considering ways that I could get rich at the expense of others.. so I don't praise folks who seem to have those kinds of values, such as the orange headed conman who seems to be currently in charge of the nuclear arsenal of the usa... 

[Killerpotleaf]

Except you gotta throw the self-dealing, narcisisms, attention whoring, bullying behavior and the attempts to be shocking, contrarian and unpredictable in there... so I am not sure about whether you can really either pinpoint him or to suggest that he is anything that is positive, except to the extent that he is likely to contribute considerably to chaos (whether that is a good thing, seems questionable

dude you're brainwashed.

goofballs likely destroying and redistributing public value to themselves and friends  
...
currently in charge of the nuclear arsenal of the usa

you dont seem to understand how trump works...

trump sees a broken down golf course, hotel, or country.

and then, he makes it gr8 again.

what's that worth you??? ah ah ah, what you willing to pay for that!!!

ungrateful little shit.



... no hard feelings, after all, this is the internet, and your my buddy.