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

[podyx]

Patrick Byrne on FOX tv, this guy is one of those awesome Bitcoin frontrunners 

Overstock +16%, good job Patrick!

Looks like he's been scoring some coke from his profits

[Paashaas]

Patrick Byrne on FOX tv, this guy is one of those awesome Bitcoin frontrunners 

Overstock +16%, good job Patrick!

Looks like he's been scoring some coke from his profits

You noticed "Make Bitcoin Great Again'' on his red cap? all on live tv 

[LFC_Bitcoin]

Patrick Byrne on FOX tv, this guy is one of those awesome Bitcoin frontrunners  

Overstock +16%, good job Patrick!

Looks like he's been scoring some coke from his profits

Why the hell not? Got to celebrate being a baller some how

As a guy who has lived overseas for the past 5 years or so, I will definitely never go back to American women---snip---

Eastern Euro women are the best, so sexy & dat accent  
I'm talking Slovakian, Czech, Polish, Lithuanian.

[Genesis1337]

does anyone think FOMC meeting today will affect the bitcoin price after decision?

if i recall, every time federal reserve keeps the federal funds rate the same, hold will shoot up, and US dollar index will go down. As The Fed continues to prop up our fake economy with artificial interest rates and skewed inflation, and bitcoin seems like gold 2.0, wouldn't it make sense for btc to price to shoot up after meeting?

https://www.youtube.com/watch?v=Ga3maNZ0x0w  im gonna watch it live here to see what happens, but i predict Federal Reserve will keep its main rate on hold at 0.50-0.75%.

CME group shows probability at 96% of the federal funds rate staying the same, so it could already be priced in.

As long as the Fed keeps rates unchanged, the fake stock market will continue to hit new highs despite all the negative/falling economic indicators to the contrary. Once they begin to raise rates, the house of cards in the market will start to crumble.

It really is like 2008 all over again.

u think this will be worse than 2008? 

[Pruden]

does anyone think FOMC meeting today will affect the bitcoin price after decision?

if i recall, every time federal reserve keeps the federal funds rate the same, hold will shoot up, and US dollar index will go down. As The Fed continues to prop up our fake economy with artificial interest rates and skewed inflation, and bitcoin seems like gold 2.0, wouldn't it make sense for btc to price to shoot up after meeting?

https://www.youtube.com/watch?v=Ga3maNZ0x0w  im gonna watch it live here to see what happens, but i predict Federal Reserve will keep its main rate on hold at 0.50-0.75%.

CME group shows probability at 96% of the federal funds rate staying the same, so it could already be priced in.

As long as the Fed keeps rates unchanged, the fake stock market will continue to hit new highs despite all the negative/falling economic indicators to the contrary. Once they begin to raise rates, the house of cards in the market will start to crumble.

It really is like 2008 all over again.

u think this will be worse than 2008? 

As someone who has been following the markets for 3 years and is now making a living off them, let me tell you disasters have a way of not happening, and it's certainly not gonna happen in at least 1 year. Corporate credit is perfect and the Trump rally is only one chapter of the bull market that started around one year ago.

[r0ach]

u think this will be worse than 2008?  

The plan was always to let the so called benefits of the world reserve currency ride out to max length and import actual goods and resources while exporting useless paper and then replace it with metals when it can't go on any longer.  So yea, of course it will be worse than 2008, or different rather.  The government is going to honor social security, so all those people will be fine, but I have no idea about those pensions that are locked up in stocks.  All I know is, once they default on the debt, gold will probably be in the $20,000-$25,000 an ounce range, and silver should see even higher percentage gains.

[gembitz]

I think we will hit or at least come within striking distance of $1,000. I think the biggest thing right now is Segwit/Scaling-issues. As soon as this is resolved, we will see the market choose a direction. It will definitely make a shift, but we will have to see whether that is up or down.

^up and awayyyyy :-D

Frankly I would prefer the scaling debate to come to an end more than I would want us to go on a moon shot. The worrying thing is Segwit is stalling for adoption. The current 25% mining power going to Segwit is nowhere near enough, and I have strong doubts any scaling solution will gain that much marketshare. With Bitcoin major mining pools making up more than 5% of the network [per pool] just one owner of a pool is all it takes for the change not to go through. That is insane for something as "decentralized" as Bitcoin [I know the centralization of Bitcoin has long been acknowledged].

^we "fixed" the bug we are going with bitcoin classic(2mb) AND SegWit! :-D

[gembitz]

Patrick Byrne on FOX tv, this guy is one of those awesome Bitcoin frontrunners 

Overstock +16%, good job Patrick!

#myteam    ~Wall Street Wants In!!!

[conspirosphere.tk]

All I know is, once they default on the debt, gold will probably be in the $20,000-$25,000 an ounce range, and silver should see even higher percentage gains.

In 2008 gold crashed hard (from 972 to 732 $/ounce) with everything else, before hitting an ATH later (1837 $ in 2011). I would not exclude a similar 2-step move.

[Torque]

As someone who has been following the markets for 3 years and is now making a living off them, let me tell you disasters have a way of not happening, and it's certainly not gonna happen in at least 1 year. Corporate credit is perfect and the Trump rally is only one chapter of the bull market that started around one year ago.

Total, complete, and utter bullshit.  That's what Wallstreet and the media want Average Joe retail investor to believe. If the Fed begins to raise rates, a market correction will happen within a year, 18 months at the longest.  

The only thing that could possibly temper a major market correction is if interest rates are kept inordinately low until Trumps corporate tax cuts and punitive trade tariffs have enough time to actually kick in and inact drastic domestic business changes... but that would take at least 18-24 months to take effect, provided they were inacted right now, tomorrow at the latest.

[BillyBobZorton]

I predict we'll bounce against the $1,000 ceiling a few times and "fall" all the way back down to the $930s then settle back in to the $950-$970 range for a while (but not too long).

I agree, $1000 always seems to trigger lots of people to sell. I don't know why but that's their decision. I'm looking forward to seeing $1000 act as a solid support.

It is stupid mental and psychological pressure. $1000 is such a round, nice looking number, that's all. But make no mistake, we went from $1000+ to $750 crash because of the chinese shenanigans. Now that those are over, we don't have that fear anymore of the PBOC purposedly collapsing the market to short, so we will naturally keep growing and surpassing gold where bitcoin belongs.

[JayJuanGee]

I see price rise, I buy.
I see price fall, I hodl.

I'm the opposite. I see the price rise, I hold. I see it fall, I buy.

good man! I do the same.

I can't resist...... asserting my variation..... which I think is more solid because it provides for a lot more ammunition when the price does fall (from time to time, which seems nearly inevitable)

yes  buy on the way down.

BUT (that's a big BUT)

sell on the way up.

Currently, I only sell about 1% for every 10% price rise, and you can vary how much you sell... the mistake that people make is that they either sell too much or attempt to time the situation... if you are going to make a mistake, error on the side of selling too little, not selling too much.. that is why I have a hard time to criticize anyone who choses to sell none, but I do think that it would be in their interest to sell a little bit, even if that is only .1% for every 10% price rise or 1% for every 100% price rise.. whatever floats your boat.  

I see price rise, I buy.
I see price fall, I hodl.

I'm the opposite. I see the price rise, I hold. I see it fall, I buy.

good man! I do the same.

Buying into the rocket is more fun.

Yep... that is true... the rest of us really need people like you in order for the price to rise and to contribute to volatility...


You GO!!!!!!!!   Keep on keeping on!!!!!       

[cmacwiz]

I agree that moderating out all the nazi talk is good. Whether or not people agree with some of the race and culture viewpoints provided in the discussion, it really does not belong here. I am imagining what it would be like if the first time I got to the Wall observer to check people's market opinions, only to find an argument about killing jewish children, led by the contrived interrogation from someone who seems like an NPC villain in a crappy indie WWIII videogame

[jbreher]

With Bitcoin major mining pools making up more than 5% of the network [per pool] just one owner of a pool is all it takes for the change not to go through.

Almost makes one wonder why the oh-so-prescient core devs/blockstream employees/AXA proxies choose a 95% activation rate.

Why is it though? I mean it is the change they wish to implement so why roadblock it?

Is it indeed the change they wish? The evidence -- at least if one assumes they really are so durned smart -- suggests otherwise.

[hifzi]

i make holiday during jan
now i look  btc chart is so strange in chinesse,
can somebody tell me why their volume is so low, from miliion btc daily to only thousands daily average volume?
thyanks

[cmacwiz]

i make holiday during jan
now i look  btc chart is so strange in chinesse,
can somebody tell me why their volume is so low, from miliion btc daily to only thousands daily average volume?
thyanks

PBoC is making everyone pay fees now! OKCasino is slow these days

[bitcoinvest]

some days before only by feeling (that can be wrong sometimes we all know ) i wrote that it will go up and the trend will be up....
but does anybody can tell us why is going up steady ? is there a good reason or just because is the Bitcoin we all know >

[JayJuanGee]

some days before only by feeling (that can be wrong sometimes we all know ) i wrote that it will go up and the trend will be up....
but does anybody can tell us why is going up steady ? is there a good reason or just because is the Bitcoin we all know >

The reason is that more buyers than sellers...     

[Genesis1337]

some days before only by feeling (that can be wrong sometimes we all know ) i wrote that it will go up and the trend will be up....
but does anybody can tell us why is going up steady ? is there a good reason or just because is the Bitcoin we all know >

because as people begin to realize fiat currencies controlled by central banks contantly depciate in value, they look a currency that is decentralized and not controlled by any central entity. so the market cap will just keep rising as people keep waking up. going towards the true value of $800,000 per bitcoin!! xD  

[Globb0]

So everyone said China was leading the market and driving up the price, but without their free coins the dumps have disappeared. Maybe they weren't as great as you thought?