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

[bitebits]

http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward

From the article. Interesting viewpoint of David Brill before the recent Chinese news.

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 exchanges [in China] that may not be following our AML guidelines.

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[rjclarke2000]

I'd love to read an argument between Stolfi and JJG. I bet they were Epic.

[bitebits]

I see we are going up again. PBOC together with OKCoin and Huobi will have to do something more to dump the price mmore than this. This is totally a trench warfare now. Only the strongest survive  

$970 by the way

i have  a strange feeling something will do indeed and is on the horizon i don't like the charts this moment... this up bounce is not strong

What is your "strange feeling?"
[...]

Not owning enough bitcoins with a rising price obviously  

[JayJuanGee]

I'd love to read an argument between Stolfi and JJG. I bet they were Epic.

hahahahaha

Those posts and back and forth arguments already exist in various places in the history in this thread... mostly in 2014, and perhaps parts of 2015 before Stolfi pretty much abanded posting in this thread.

The posts are not really very interesting.. but I do think that they tend to show that Stolfi pretty much avoids directly confronting about substantive issues, and remains pretty polite throughout his posts (for the most part), even when being attacked with foul language (from me and from others too).  

And over and over, Stolfi would tend to just stick with his spin and his talking points (in spite of evidence to the contrary).. he would continue to assert that bitcoin is a scam, ponzi scheme, insider job, on a downward trajectory likely to go to zero, is a pump and dump, refuge for pornsters, drug addicts and people trying to avoid the above board behaviors, etc. etc.  He would also present his various spin and biased evidence on an ongoing basis in a kind of scientific and academic way, which seemed to convince some people (but others would just keep calling him out as a bullshitter).

Sometimes, he would also just admit that he was a troll, and I suppose that there is some good in that.

[rjclarke2000]

I'd love to read an argument between Stolfi and JJG. I bet they were Epic.

hahahahaha

Those posts and back and forth arguments already exist in various places in the history in this thread... mostly in 2014, and perhaps parts of 2015 before Stolfi pretty much abanded posting in this thread.

The posts are not really very interesting.. but I do think that they tend to show that Stolfi pretty much avoids directly confronting about substantive issues, and remains pretty polite throughout his posts (for the most part), even when being attacked with foul language (from me and from others too).  

And over and over, Stolfi would tend to just stick with his spin and his talking points (in spite of evidence to the contrary).. he would continue to assert that bitcoin is a scam, ponzi scheme, insider job, on a downward trajectory likely to go to zero, is a pump and dump, refuge for pornsters, drug addicts and people trying to avoid the above board behaviors, etc. etc.  He would also present his various spin and biased evidence on an ongoing basis in a kind of scientific and academic way, which seemed to convince some people (but others would just keep calling him out as a bullshitter).

Sometimes, he would also just admit that he was a troll, and I suppose that there is some good in that.

Yeah, well I was lurking here for many months before taking the plunge and joining here mid 2014. I seen your posts here and The Professors but not seen an argument. I bet they went on for days!! Ha h.

His posts pissed me off after a while. An educated (but incorrect) troll is not a good troll.

[bitcoinvest]

I see we are going up again. PBOC together with OKCoin and Huobi will have to do something more to dump the price mmore than this. This is totally a trench warfare now. Only the strongest survive  

$970 by the way

i have  a strange feeling something will do indeed and is on the horizon i don't like the charts this moment... this up bounce is not strong

What is your "strange feeling?"

What level of probabilities do you assign to up or down?


When you say that you are more inclined for down, are you influenced by your short (or your having had sold)  in your opinion?

I try to place my bets in both directions in order that I am neutral about either direction and to just judge the probabilities based on realities of the situation (rather than wishes or rather than positions that I may have taken), and it seems that there is a bit of tension to go up from here.. at least a bit of a upward bounce in the short term, no?

I mean we already experienced a considerable and intense increased volume attempting to push prices down.  Remember there where tens of thousands of coins dumped in a very short period of time in order to attempt to get prices to go down.  There were more than 13k coins dumped on Stamp alone in about 2 hours, and those attempts to dump and to drive prices down have only been so successful.  They have run into buying support and inabilities to get the prices to go lower, no?  , and there is a bit of pressure to go back up.. that is the sense that i am getting at the current time, as I type....

So maybe as I type I would place additional downwards at less likely than upwards.. maybe 45% or less for downwards, and 55% or more for upwards.. at least the short term. the next 1 to 3% of a price move in either direction.. of course further out, we may have a bit of a different dynamic that develops and we have to keep our ear to the situation (and yeah, we don't know if dumpers still have some coins in reserve that they are ready and willing to dump at these levels and based on current dynamics, even though it kind of seems that they may have used up a lot of their coins already, no?)

i am 50% 50% so what comes after will be the same result for me as before the 50% i sold at 950 euro kai bought back at 880 euro.
i have the feeling that more coins will be dumped at this level we are now. i can see that (not me....my feeeeeing ) happening tonight

[HI-TEC99]

Back to $1000 on Bitstamp already!

[bitebits]

▲▲
Bearstamp must be drunk: 1500 BTC bid @ USD 1000.


(Concern) trolls must be fed to survive.
▼▼

[gentlemand]

His posts pissed me off after a while. An educated (but incorrect) troll is not a good troll.

It wasn't his point of view that annoyed me, it was his complete and utter lack of interest in acknowledging any other point of view. When someone's that entrenched they should be given their own forum so they can talk to themselves as no one else has anything to offer them.

[rjclarke2000]

His posts pissed me off after a while. An educated (but incorrect) troll is not a good troll.

It wasn't his point of view that annoyed me, it was his complete and utter lack of interest in acknowledging any other point of view. When someone's that entrenched they should be given their own forum so they can talk to themselves as no one else has anything to offer them.

He was "above" all of you. Did you not know that? Dear dear

[gentlemand]

He was "above" all of you. Did you not know that? Dear dear

Ah. Fair enough. I left school at 16 so I'm not worthy to receive his edicts from on high. I'd still give him a nipple cripple if I ever met him for using up my valuable bandwidth with his endless dribbling.

[lemmyK]

http://www.zerohedge.com/news/2017-02-10/cash-no-longer-king-europe-accelerates-move-begin-elimination-paper-money
Please remove jerk like juangaypedo 
bitcoin price is in the hands of chinese!!  .. I miss here  those people who will be predicted on price of BT.  not just bla bla "arguments" ala chuj van 
juan chuj van - You do not tell US  arguments YOU just around babbling crap and get your mantra "argument" .

[gizmoh]

 It is ON

 https://coin-etf.com

[Arcteryx]

It is ON

 https://coin-etf.com

What's on? Your site promotion?

There would be an official announcement if the Winklevoss's had it approved and it was starting.
More then likely on their Genesis exchange.
That's what coinbase would do.

[Killerpotleaf]

It is ON

 https://coin-etf.com

What's on? Your site promotion?

There would be an official announcement if the Winklevoss's had it approved and it was starting.
More then likely on their Genesis exchange.
That's what coinbase would do.

this is gentlemen?

[swogerino]

$1000 is back in view!

Back to $1000 on Bitstamp already!

Once again it's on!
$1000.19 and rising nicely.

Slowly this time just the way we all like it!
Sexy when it's slow.

No need to pre ejaculate all over the place and ruin it for the ladies.

[MinermanNC]

ah I see things are coming along nicely again, as anticipated. 

[Torque]

He was "above" all of you. Did you not know that? Dear dear

Ah. Fair enough. I left school at 16 so I'm not worthy to receive his edicts from on high. I'd still give him a nipple cripple if I ever met him for using up my valuable bandwidth with his endless dribbling.

Here's another so-called genius that you might have missed:

"The growth of the Internet will slow drastically, as the flaw in 'Metcalfe's law'–which states that the number of potential connections in a network is proportional to the square of the number of participants–becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's."

-Paul Krugman, Nobel Prize winning Economist

[marcus_of_augustus]

Finally feel like the scrap for $1000 is getting real ... only thing left now is to see the loser shorts beaten bloodied and dragged out by their boots.

[MinermanNC]

Just looking at alts and they are only slightly down overall, which is great when you factor in the increase back in BTC. Its a good day in crypto when you have green candles on both coin types as we did for a while lol

Last Night alts where all up and climbing, as BTC fell and then leveled out. Today BTC is up and Alts are lagging behind... slightly   as it always does......

Basically all I'm saying is, everything is in a pretty healthy and stable state. Both BTC and Alts.