gembitz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 12:22:02 AM |
|
I queried some data just now: <gribble> Bitstamp | There are currently 31481.413 bitcoins demanded at or over 100.0 USD, worth 23624826.7678 USD in total. | Data vintage: 0.0134 seconds <gribble> Bitstamp | There are currently 4035.5572 bitcoins offered at or under 10000.0 USD, worth 6667421.9348 USD in total. | Data vintage: 35.3912 seconds
Feeling bullish yet? ^is the new season mr. robot out yet? :-D hmmm
|
|
|
|
gembitz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 12:26:02 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). ^paper wallets a thing of the past? :\
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 12:28:48 AM |
|
I queried some data just now: <gribble> Bitstamp | There are currently 31481.413 bitcoins demanded at or over 100.0 USD, worth 23624826.7678 USD in total. | Data vintage: 0.0134 seconds <gribble> Bitstamp | There are currently 4035.5572 bitcoins offered at or under 10000.0 USD, worth 6667421.9348 USD in total. | Data vintage: 35.3912 seconds
Feeling bullish yet? How hodlers are with their coins ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.kappit.com%2Fimg%2Fpics%2F201602_1116_iiege_sm.jpg&t=665&c=orFGczOeXIe6mg) I'm hodling my bitcoins and no you can't have any!![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fnakamotoinstitute.org%2Fstatic%2Fimg%2Fmempool%2Fim-hoarding-bitcoins-and-no-you-cant-have-any%2Fdragon.jpg&t=665&c=eosWxrZ36otM9A)
|
|
|
|
Meuh6879
Legendary
Offline
Activity: 1512
Merit: 1012
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 12:31:40 AM |
|
I queried some data just now: <gribble> Bitstamp | There are currently 31481.413 bitcoins demanded at or over 100.0 USD, worth 23624826.7678 USD in total. | Data vintage: 0.0134 seconds <gribble> Bitstamp | There are currently 4035.5572 bitcoins offered at or under 10000.0 USD, worth 6667421.9348 USD in total. | Data vintage: 35.3912 seconds
Feeling bullish yet? It's an avalanche. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimagizer.imageshack.us%2Fa%2Fimg922%2F5940%2F6z9eff.gif&t=665&c=97kloZ0Vpl3Xew)
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 12:34:13 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). ^paper wallets a thing of the past? :\ Someone who was hoping to click his brokerage site button to buy bitcoin ETF is not going to bother with figuring out how to work paper wallets ... but some of them might take the plunge with an ezy pezy hardware wallet. The demand is still there, it is just very latent, lazy and waiting for convenience. But some of that latent ETF demand will make it to market ... say 5-10% conservatively of the expected, what was it?, $300 million in the first week they were spouting about.
|
|
|
|
bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 12:36:43 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets. Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc. I did buy a Ledger Nano S though, which is mostly the same than Trezor.
|
|
|
|
bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 12:44:44 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). ^paper wallets a thing of the past? :\ paperwallets have several attack vectors that hardware wallets don't have. Main ones during generation and during redeeming while hardware wallets never expose the private keys to another computer/device as the signing is done in-device. So maybe not a thing of the past, and also have its usage case for sure, but I bet they will be being replaced by hardware wallets for the most part.
|
|
|
|
olseh
Jr. Member
Offline
Activity: 128
Merit: 9
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 12:47:49 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets. Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc. I did buy a Ledger Nano S though, which is mostly the same than Trezor. Agreed! If you're anywhere near serious about BTC, there's no reason you shouldn't have a hardware wallet
|
|
|
|
BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 12:48:29 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets. Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc. I did buy a Ledger Nano S though, which is mostly the same than Trezor. I use Nano S and Trezor. I like Trezor better because I can use it with one hand but that is a minor quibble. It is a good idea to keep a portable copy of latest Electrum on your desktop if you are using the Chrome apps for Nano S; once in a while the Ledger servers have a problem usually on a weekend. If you trade Ether you can use MyEtherWallet as a backup to the Ledger Ether Chrome app.
|
|
|
|
bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 01:05:45 AM |
|
I use Nano S and Trezor. I like Trezor better because I can use it with one hand but that is a minor quibble. It is a good idea to keep a portable copy of latest Electrum on your desktop if you are using the Chrome apps for Nano S; once in a while the Ledger servers have a problem usually on a weekend. If you trade Ether you can use MyEtherWallet as a backup to the Ledger Ether Chrome app. Yes, I have started using the chrome apps and found them to be extremely straightforward to use while having the basic features. I tried using electrum with it but the version I am running seems to be missing some libs/modules for the nano (Linux). I will try updating soon, but no hurry. I am much more happy with the hardware wallet concept than I could possibly expect. In fact I will also buy Trezor V2 when it is out to have a second device. Then I will decide if I congure both the same seed or as independent wallets.
|
|
|
|
abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 01:07:17 AM |
|
Saw this on trading view in the last half hour.
@clown wrote: Pboc suggests Chinese exchanges disable leveraged trading
|
|
|
|
|
harrymmmm
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 01:35:08 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets. Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc. I did buy a Ledger Nano S though, which is mostly the same than Trezor. I use Nano S and Trezor. I like Trezor better because I can use it with one hand but that is a minor quibble. It is a good idea to keep a portable copy of latest Electrum on your desktop if you are using the Chrome apps for Nano S; once in a while the Ledger servers have a problem usually on a weekend. If you trade Ether you can use MyEtherWallet as a backup to the Ledger Ether Chrome app. My trezors handle: 1) bitcoin transactions etc. 2) password manager 3) u2f 2fa Do Nano S devices do all of these things? I might check them out one day if they do.
|
|
|
|
Johnny00
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 01:55:52 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets. Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc. I did buy a Ledger Nano S though, which is mostly the same than Trezor. I use Nano S and Trezor. I like Trezor better because I can use it with one hand but that is a minor quibble. It is a good idea to keep a portable copy of latest Electrum on your desktop if you are using the Chrome apps for Nano S; once in a while the Ledger servers have a problem usually on a weekend. If you trade Ether you can use MyEtherWallet as a backup to the Ledger Ether Chrome app. My trezors handle: 1) bitcoin transactions etc. 2) password manager 3) u2f 2fa Do Nano S devices do all of these things? I might check them out one day if they do. With a trezor do I need a desktop computer? I do everything on my mobile.
|
|
|
|
Killerpotleaf
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 01:59:40 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets. Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc. I did buy a Ledger Nano S though, which is mostly the same than Trezor. I use Nano S and Trezor. I like Trezor better because I can use it with one hand but that is a minor quibble. It is a good idea to keep a portable copy of latest Electrum on your desktop if you are using the Chrome apps for Nano S; once in a while the Ledger servers have a problem usually on a weekend. If you trade Ether you can use MyEtherWallet as a backup to the Ledger Ether Chrome app. My trezors handle: 1) bitcoin transactions etc. 2) password manager 3) u2f 2fa Do Nano S devices do all of these things? I might check them out one day if they do. With a trezor do I need a desktop computer? I do everything on my mobile. it would be surprising if you could...
|
|
|
|
bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 02:01:18 AM |
|
My trezors handle: 1) bitcoin transactions etc. 2) password manager 3) u2f 2fa
Do Nano S devices do all of these things? I might check them out one day if they do.
I have only been using it for a week so maybe there is more that I don't know but: 1) Yes, and ethereum (eth/etc), litecoin, dash, and some others 2) I think it doesnt but I read it is in the works or something. Not sure. 3) Yes, FIDO U2F I did a pretty extensive comparison on both before ordering the Nano S and found them to be very similar but in the end I ordered the Nano S because: 1) It was a bit less expensive (69 vs 99). 2) Trezor was out of stock 3) Trezor V2 is said to be in the works I was more inclined to the Trezor at first, but after the features comparison and those three points above the choice was clear for me, and my second device will be a Trezor V2 in the future. One thing I liked about the Nano S is the seed is stored in a secure chip while a microprocessor in the Trezor.... Worth to mention, but minor point as I don't expect anyone to get posession of my device and do pro reverse engineering with it anyways. Maybe the only advantage Nano S has over Trezor is that the seed doesn't ever need to be input using a computer as it can be introduced directly in the device. (one less possible attack vector). And the Trezor, well, it was the first and most well known and also has the password manager. It also had some other advantages like an additional passphrase but that changed in the latest firmware: https://medium.com/@Ledger/a-short-guide-to-nano-s-firmware-1-3-features-b92c939e7c9f#.ef0xxe87xAs i don't have a Trezor myself I can only talk about what I researched about it.
|
|
|
|
BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 02:22:53 AM |
|
I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.
Yup. Hardware wallets are selling out fast. Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy). No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets. Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc. I did buy a Ledger Nano S though, which is mostly the same than Trezor. I use Nano S and Trezor. I like Trezor better because I can use it with one hand but that is a minor quibble. It is a good idea to keep a portable copy of latest Electrum on your desktop if you are using the Chrome apps for Nano S; once in a while the Ledger servers have a problem usually on a weekend. If you trade Ether you can use MyEtherWallet as a backup to the Ledger Ether Chrome app. My trezors handle: 1) bitcoin transactions etc. 2) password manager 3) u2f 2fa Do Nano S devices do all of these things? I might check them out one day if they do. With a trezor do I need a desktop computer? I do everything on my mobile. You can do everything from your phone if you have a newer Android that has OTG capability. You use Trezor Manager to set up your new Trezor then Mycelium for transactions. You may have to check Amazon for an OTG cable that works with your phone.
|
|
|
|
Killerpotleaf
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 02:46:02 AM |
|
The Bears will come.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs12.postimg.org%2Fmfrplg6r1%2FUntitled.png&t=665&c=gmrwnfDFmceHNQ) The ETF not being approved signals a new bear market. Altho many are trying to see the silver lining in the dark cloud ahead, its hard ignore the obvious; market was high on the possibly of the ETF being approved, but it was denied and we saw just how dog-eat-dog the traders became, dumping BTC SUPER-FAST down to 975 flat before letting it bounce, after that 1050 was the battle ground, bears lost, then 1100, now we are at 1150 and bulls feel they've won. I think its far from over, altho i will loss the small bet i made stating <975 before monday 00:00 EST, the bears will come, and the bulls might be exhausted from their recent run when they do. The above chart paints a bearish channel, i do expect to be trading in this channel for the next week or too. However the next 48hours are absolutely critical, if bulls can sustain price above 1120 for that time, this may signal a complete and utter failure from the bear team. but i am warning bulls to keep there cool and not go chasing magical unicorns, market ought to adjust itself before resuming full speed ahead.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3836
Merit: 10793
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 02:48:51 AM |
|
The Bears will come.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs12.postimg.org%2Fmfrplg6r1%2FUntitled.png&t=665&c=gmrwnfDFmceHNQ) The ETF not being approved signals a new bear market. Altho many are trying to see the silver lining in the dark cloud ahead, its hard ignore the obvious; market was high on the possibly of the ETF being approved, when it was denied we saw just how dog-eat-dog the traders became, dumping BTC SUPER-FAST down to 975 flat before letting it bounce, after that 1050 was the battle ground, bears lost, then 1100, now we are at 1150 and bulls feel they've won. I think its far from over, altho i will loss the small bet i made stating <975 before monday 00:00 EST, the bears will come, and the bulls might be exhausted from their recent run when they do. The above chart paints a bearish channel, i do expect to be trading in this channel for the next week or too. However the next 48hours are absolutely critical, if bulls can sustain price above 1120 for that time, this may signal a complete and utter failure from the bear team. but i am warning bulls to keep there cool and not go chasing magical unicorns, market ought to adjust itself before resuming full speed ahead. Look at the pot guy, AKA Adam...... turned into a bear, merely because he forgot about bitcoin.... In other words, the cute little penguin seems to have lost its way. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2017, 03:05:11 AM |
|
The Bears will come.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs12.postimg.org%2Fmfrplg6r1%2FUntitled.png&t=665&c=gmrwnfDFmceHNQ) The ETF not being approved signals a new bear market. Altho many are trying to see the silver lining in the dark cloud ahead, its hard ignore the obvious; market was high on the possibly of the ETF being approved, but it was denied and we saw just how dog-eat-dog the traders became, dumping BTC SUPER-FAST down to 975 flat before letting it bounce, after that 1050 was the battle ground, bears lost, then 1100, now we are at 1150 and bulls feel they've won. I think its far from over, altho i will loss the small bet i made stating <975 before monday 00:00 EST, the bears will come, and the bulls might be exhausted from their recent run when they do. The above chart paints a bearish channel, i do expect to be trading in this channel for the next week or too. However the next 48hours are absolutely critical, if bulls can sustain price above 1120 for that time, this may signal a complete and utter failure from the bear team. but i am warning bulls to keep there cool and not go chasing magical unicorns, market ought to adjust itself before resuming full speed ahead. What a bunch of random lines you draw there! I think you are confusing the concepts of MAYBE another dump/correction incoming with a "bear market" which is much different and there is no sign/reason for that yet.
|
|
|
|
|