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

[HI-TEC99]

1200 incoming 

There's 191 Bitcoins left for sale on bitfinex before $1200, and big 100 Bitcoin buy after big 100 Bitcoin buy. It probably won't take much longer, and after that there's only the Gox ATH before Bitcoin's price starts exploring new highs its never been to before.

Yeah, I still really want to see the Gox ATH surpassed, just so we never have to mention it ever again.

Same here, and after that the bonus is every high will be an ATH. We wii start thinking about breaking $2000, $3000, $4000....

[JayJuanGee]

Sure JJG, here it's brother : https://www.reddit.com/r/Bitcoin/comments/5vt1us/coin_etf_and_bats_industry_leaders_met_with_sec/

Thanks for that link Fakhoury.  Lots of good info and links in there.   I think that the mere meetings does not necessarily conclude green for the ETF for sure, but such a set of happenings probably increases the probability of green for the ETF.

[Ted E. Bare]

There will be many more bear traps along the way my friends, hodl tight.

[JimboToronto]

Another day, another fine green candle.

[BlindMayorBitcorn]

It's hard to argue with that. 

[RejectedBanana]

Come on everybody, time for some celebratory Haiku...

Oh joyous teacup
May your handle be short-lived!
Willy is so proud

[JimboToronto]

Come on everybody, time for some celebratory Haiku...

Oh joyous teacup
May your handle be short-lived!
Willy is so proud

Haiku time?

What a fine leg up
No Willies needed this time!
Bitcoin's on a roll

How's that? 

[K~Ehleyr]

What a lovely day,
Bitcoin's going to the moon!
We'll all be rich soon 

[savetherainforest]

[...]

Sure JJG, here it's brother : https://www.reddit.com/r/Bitcoin/comments/5vt1us/coin_etf_and_bats_industry_leaders_met_with_sec/

He's too noob to google search the name of that post...    

But it was too kind of you to go the extra mile and spoon feed him!  

[Torque]

When the WinkleVii first invested their $11M worth of bitcoins, the price was around $120/btc.

Now their "flier" is worth nearly $110M.  

[simmo77]

The question is: what will this silly graphic at bitcoinity be when the ATH breaks?

It's bender from Futurama this time.





I prefer bender to the Sesame Street character they used at $200.





However, the spaceman at $1000 was an appropriate choice.

The memories man... <wipes away a tear>

It's Bert BTW. What sort of childhood did you have.

[BlindMayorBitcorn]

Badger of honey
Crotchety gob of bee glue
Spit gold in my face

 

[JimboToronto]

When the WinkleVii first invested their $11M worth of bitcoins, the price was around $120/btc.

I thought I once saw them say the bought most of their coins in 2012.

That would make them significantly cheaper. They also said they'd never sold a coin.

They've done OK for themselves.

[European Central Bank]

their buy in was at the $10 mark mainly i think. they've been at it for five years now and arrived long before many people here. they definitely ain't johnny come latelys.

[notme]

their buy in was at the $10 mark mainly i think. they've been at it for five years now and arrived long before many people here. they definitely ain't johnny come latelys.

If they bought $11M worth of bitcoin around $10/btc, then they would have a million bitcoin.  

Impossible, no way in hell that they have 1 million bitcoin worth over $1T.

Unless I'm confused and they had $11M worth of bitcoin in 2013 at $120/btc?? That would mean that they only invested like $1.1M in 2012 at $10/btc, giving them ~100K bitcoin.

1 million would be $1 billion, not $1 trillion.

However, I believe that the number the claimed is 210,000 or 1% of the supply limit.

Edited based on this: https://usahitman.com/wtcto1poab/

[Torque]

their buy in was at the $10 mark mainly i think. they've been at it for five years now and arrived long before many people here. they definitely ain't johnny come latelys.

If they bought $11M worth of bitcoin around $10/btc, then they would have a million bitcoin.  

Impossible, no way in hell that they have 1 million bitcoin worth over $1T.

Unless I'm confused and they had $11M worth of bitcoin in 2013 at $120/btc?? That would mean that they only invested like $1.1M in 2012 at $10/btc, giving them ~100K bitcoin.

1 million would be $1 billion, not $1 trillion.

However, I believe that the number the claimed is 21000 or 1/1000th of the supply limit.  0.1%

Yeah, had a brain fart on that calc, typed a T instead of a B.  But I think I answered my own question, they must have invested around $1M or so in 2012.

[PoolMinor]

Come on everybody, time for some celebratory Haiku...

Oh joyous teacup
May your handle be short-lived!
Willy is so proud

Badger of honey
Crotchety gob of bee glue
Spit gold in my face

 

Choo Choo eh, choo choo
Mother Fucker choo choo choo
Mother fucker choo

[Chainsaw]

Rose to face the sun
The sun was now behind me
Welcome to the moon

[European Central Bank]

their buy in was at the $10 mark mainly i think. they've been at it for five years now and arrived long before many people here. they definitely ain't johnny come latelys.

If they bought $11M worth of bitcoin around $10/btc, then they would have a million bitcoin.  

Impossible, no way in hell that they have 1 million bitcoin worth over $1T.

Unless I'm confused and they had $11M worth of bitcoin in 2013 at $120/btc?? That would mean that they only invested like $1.1M in 2012 at $10/btc, giving them ~100K bitcoin.

1 million would be $1 billion, not $1 trillion.

However, I believe that the number the claimed is 21000 or 1/1000th of the supply limit.  0.1%

Yeah, had a brain fart on that calc, typed a T instead of a B.  But I think I answered my own question, they must have invested around $1M or so in 2012.

If we assume their main stash was their 65 million Facebook payout, 1 million was bold but not suicidal. I'm doubt they would've gone much beyond that at such an early stage.

And that 1 % figure was the supply at the time they bought in 2012. I'm pretty sure 100,000 is the most common figure bandied about.

[HI-TEC99]

their buy in was at the $10 mark mainly i think. they've been at it for five years now and arrived long before many people here. they definitely ain't johnny come latelys.

If they bought $11M worth of bitcoin around $10/btc, then they would have a million bitcoin.  

Impossible, no way in hell that they have 1 million bitcoin worth over $1T.

Unless I'm confused and they had $11M worth of bitcoin in 2013 at $120/btc?? That would mean that they only invested like $1.1M in 2012 at $10/btc, giving them ~100K bitcoin.

1 million would be $1 billion, not $1 trillion.

However, I believe that the number the claimed is 21000 or 1/1000th of the supply limit.  0.1%

Yeah, had a brain fart on that calc, typed a T instead of a B.  But I think I answered my own question, they must have invested around $1M or so in 2012.

If we assume their main stash was their 65 million Facebook payout, 1 million was bold but not suicidal. I'm doubt they would've gone much beyond that at such an early stage.

And that 1 % figure was the supply at the time they bought in 2012. I'm pretty sure 100,000 is the most common figure bandied about.

That's what businessinsider says they own. It estimated 108,000 Bitcoins bought at a maximum of $15.40 each. That was 1% of all coins when there were only 10.8 million Bitcoins mined.

http://www.businessinsider.com/the-winklevoss-twins-bitcoins-2013-4?IR=T

The Winklevii — as they are popularly known — say they own nearly 1 percent of that, or some $11 million."

There are 10.8 million bitcoins out there, so that means the  Winklevii  own about 108,000 of them.

...the Times notes that the 31-year old identical twins began buying up Bitcoins last summer. As of August 2012, the highest value Bitcoin reached was $15.40, so they are still sitting pretty.