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

[Searing]

It is always quiet before the storm: March 11th is upon us. I think everybody is waiting that hence the trading stagnation.
This is history in the making 

I think they are gonna fail the ETF a few days before...just to pull the same stunt the IRS pulled with 'guidelines' in 2013 10 days before the
tax deadline saying BTC spent (mined) etc conditions.

its how bureaucrats roll don't ya know

I also think BTC will dump as a result ..but worse case won't be under 1k imho

we will be the first to know I guess

Since you have this opinion may i please ask?
Do you hold bitcoins right now ? Because with this in my mind i would sell now to buy back lower. right?

I have 💯 btc or will eol Titan miners

I gripe but I always  hold. Can't lose imho.

[edgar]

It is always quiet before the storm: March 11th is upon us. I think everybody is waiting that hence the trading stagnation.
This is history in the making 

I think they are gonna fail the ETF a few days before...just to pull the same stunt the IRS pulled with 'guidelines' in 2013 10 days before the
tax deadline saying BTC spent (mined) etc conditions.

its how bureaucrats roll don't ya know

I also think BTC will dump as a result ..but worse case won't be under 1k imho

we will be the first to know I guess

Since you have this opinion may i please ask?
Do you hold bitcoins right now ? Because with this in my mind i would sell now to buy back lower. right?

I have 💯 btc or will eol Titan miners

I gripe but I always  hold. Can't lose imho.

did you sell all your litecoins?

[soullyG]

$6 away from a new ATH  

edit: nevermind, broken ATH again on Finex

[edgar]

1219. shits so tight, i could come!

e2a - 1221. HNGHH!!

[abercrombie]

are we rich yet?? 

[K~Ehleyr]

Stamp is only $20 away from gold parity!!

[craked5]

ATH again!

Welcome to the moon train gentlemen. 

Please attach your seatbelt and remain sit down holding your coins until the end of take off.

BTC company wishes you a pleasant flight to the moon. Don't forget everything is duty free 

[kurious]

Stamp is only $20 away from gold parity!!

The (alleged) Gox ATH was within a couple of $ of gold parity back in 2013 IIRC.

I won't be surprised if we stall there.  The media will jump on it and the FOMO will be huge if we top it - it's the 'no argument' ATH - and then Gold parity too?.  It will be news, big news.   But maybe some people won't want to see that.

Popcorn time!

[Paashaas]

Here we go!

[PaymyBills]

Stamp is only $20 away from gold parity!!

The (alleged) Gox ATH was within a couple of $ of gold parity back in 2013 IIRC.

I won't be surprised if we stall there.  The media will jump on it and the FOMO will be huge if we top it - it's the 'no argument' ATH - and then Gold parity too?.  It will be news, big news.   But maybe some people won't want to see that.

Popcorn time!

Time to watch this train without brakes climb this mountain!

1300$ soon1

[willope]

ATH LADIES & GENTLEMEN
 

[abercrombie]

The (alleged) Gox ATH was within a couple of $ of gold parity back in 2013 IIRC.

It's debatable if GOX can be called an ATH, since it was fake coins and you couldn't withdraw coins or FIAT at that time.

[Torque]

Is it me, or does it feel like the train is trying to leave the station early?

[Meuh6879]

but, you can't stop the train, too ...



https://coinmarketcap.com/currencies/bitcoin/

$19,527,347,612 ...

[soullyG]

Anyone know where this gif is from? Couldn't find any leads on Google image search

[Lauda]

Waiting for Gox ATH to be broken..

[Ahab_Hunter_of_BearWhale]

Anyone know where this gif is from? Couldn't find any leads on Google image search

Yeah it's a sweet one ^_^

[Denker]

Is it me, or does it feel like the train is trying to leave the station early?

Yeah it looks a bit like that right?!
Funny is that many people do not seem to recognize or do not really care that we made new ATHs again.
Maybe they all are waiting for $2000 or a final SEC decision, I don't know.

[gentlemand]

The launch of the first Gold ETF was hardly bullish. For the first year of its existence, the metal's price actually dropped. Eventually, it took off, but more as a result of the turmoil unleashed by the global financial crisis than on its own merits.

https://www.bloomberg.com/gadfly/articles/2017-02-27/winklevoss-bitcoin-etf-bet-is-a-countdown-to-zero-or-less

So bitcoin price drops after ETF aproval? 

The gold market has been fully developed for millennia. That's a deeply silly comparison.

GLD probably hasn't done gold any favours though. I wonder whether a Bitcoin ETF will do the same.

[kehtolo]

The launch of the first Gold ETF was hardly bullish. For the first year of its existence, the metal's price actually dropped. Eventually, it took off, but more as a result of the turmoil unleashed by the global financial crisis than on its own merits.

https://www.bloomberg.com/gadfly/articles/2017-02-27/winklevoss-bitcoin-etf-bet-is-a-countdown-to-zero-or-less

So bitcoin price drops after ETF aproval?  

The gold market has been fully developed for millennia. That's a deeply silly comparison.

GLD probably hasn't done gold any favours though. I wonder whether a Bitcoin ETF will do the same.

I read this article the other day.. my opinion of it? Its basically a big steaming pile of horseshit.
He reckons bitcoin is at a binary crossroads waiting for news of the ETF - Extrapolated further. the very survival of bitcoin depends on ETF approval?

And then he finishes by saying: "The digital currency's future has never been this binary. Unlike with programming code, though, one of the two alternatives isn't zero: It's a deeply negative number."

You can pay heed to this article if you like.. but my immediate thoughts after reading it were: idiot.