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

[york780]

I am even farting hopium right now.
Man this is moontrip prephase is on a whole new level.

[york780]

I want to believe

[simmo77]

Meanwhile, medium term double top forming...

And what is that supposed to mean?  

We have been at the top for almost 4 months.. yeah, there have been a couple of dips in there, but we are floating in topsie territory, and in bitcoin land, what does it mean?

I doubt that you can really use traditional technical analysis -  in order to understand where we are going next.

Surely, I would love to get a bit of another correction - because there have only been a couple of corrections in the past four months - and I am feeling like I have too much cash and not enough bitcoin for when this bad boy leaves the rocket docket.  

Wekkel - I think what JJG wanted to say was "Please show your work".

JJG - 4 sentences, could have been 4 words. Seriously dude calm the fuck down. Try to be less verbose and less emotional and you'll find people engage more.

   

Thank you so much for your thoughtful suggestions, Simmo77.  NOT

who would have thunk that I could have achieved my objective with 4 words?   fucking retard.... I used exactly how many words I wanted to use at the time that I wrote the post and in those circumstances to say what I wanted to say.   

If it is not true? why not?  . how the fuck would you know what I wanted to say and how I wanted to say it?   Each of us has different ways of saying things and we choose accordingly. 

Oh, no?  You have some kind of superior vision regarding how to say things and how many words should be used to accomplish such?   

Your guidance is likely to help me in my supposed ongoing quest to improve my style and figuring out how to better express myself for my of course obvious  purposes of achieving more meaningful relations and "engagements" on the interwebs, right?   

Nobody likes you.

Back on ignore.

[edgar]

^^ he's right you know.

morganfreeman.png

[gentlemand]

Nobody likes you.

Back on ignore.

Aw, I adore him. I just can't afford the electricity to read him.

[york780]

Nobody likes you.

Back on ignore.

Aw, I adore him. I just can't afford the electricity to read him.

LMFAO.
I need to remember that one

[DoktorKopf]

You guise are taking shiny baubles for Manhattan

Isn't Manhattan the shiniest among all baubles?

Well indeed. Thats why when the cleverer, richer, stronger people turn up - who can see that and are necessary to help build it - you'll regret trading them the most glittering future for a tawdry game show prize or a used Mercedes.

Some trade is necessary, of course: pizzas and space trips to show that it's functional and redeemable, but they're statements. Being able to resist near-term temptations for long-term gain is what makes us intelligent animals. You don't eat your seeds if you're just peckish.

[Karartma1]

Nobody likes you.

Back on ignore.

Aw, I adore him. I just can't afford the electricity to read him.

LMFAO.
I need to remember that one

Epic comment

[spooderman]

DEEZ GAINZ

really hoping that it doesn't retrace the minute bitfinex gets it shit together.

god 8 years in and it's still never a calm moment in this space.

[simmo77]

DEEZ GAINZ

really hoping that it doesn't retrace the minute bitfinex gets it shit together.

god 8 years in and it's still never a calm moment in this space.

Wouldn't have it any other way.

[JimboToronto]

Good morning Bitcoinland.

Nice to see we're creeping up again... currently $1235USD (Bitcoinaverage).

It's almost time to start thinking about gold ounce parity again. Then we can think about $1300 and on toward a new ATH.

Go Bitcoin go.

[Okurkabinladin]

DEEZ GAINZ

really hoping that it doesn't retrace the minute bitfinex gets it shit together.

god 8 years in and it's still never a calm moment in this space.

You went long Finex of all places? Do I need to remind you, that it doesnt process withdrawals while chinese lag about 10% behind?

Thats not investing, thats gambling. Also lol about the "hope" part, man. You never learn.

[Ted E. Bare]

Morning Jimbo! Good day for bitcoin holders I see.

[bitebits]

Currently no fiat withdrawals on Bitfinex, no matter the currency:
https://www.reddit.com/r/BitcoinMarkets/comments/66fiif/despite_claims_re_hkd_chf_there_are_currently_no/dgihy1q/

Hi, this is Chris from Bitfinex. I'm really sorry about these delays and the confusion. I have just spoken to the management and this is what I have learned. cc /u/nomadismydj

TL;DR Bitfinex were led to believe by the bank that outgoing wires were possible using CHF and HKD. In fact the vast majority of these wires were rejected over the course of the last week. The team are now arranging a final resolution with the bank to gain custody of the funds and will make announcement in a few hours.

Longer version: Most of the wires that were attempted in CHF and HKD were rejected since last Friday. The bank led iFinex to believe that the wires were possible but the day after the first ones were processed management were asked to provide more documentation, for example a letter from the iFinex client that they can accept CHF. Management then had to resubmit the wire after the bank holiday weekend and was then told that the standard documentation provided wasn't enough.

The whole process was frustrating and lacked clear communication. iFinex are now making arrangements to gain custody of all the funds and have them sent to their attorneys so that they can finally be restored to the customer with minimal delay. New banking partnerships are also being worked on at the same time.

Goes without saying that cryptocurrency withdrawals and deposits are unaffected. Trading is also going well as some people report making killing on the lending rates.

A formal statement will follow in a few hours. Someone from the team will be online to take questions on Whalepool Teamspeak later today.

[pitham1]

Currently no fiat withdrawals on Bitfinex, no matter the currency:
https://www.reddit.com/r/BitcoinMarkets/comments/66fiif/despite_claims_re_hkd_chf_there_are_currently_no/dgihy1q/

The positive is that Bitcoin's price has not nosedived following the announcement.
When people can withdraw cryptocurrencies from Bitfinex, it really doesn't matter.

[york780]

Currently no fiat withdrawals on Bitfinex, no matter the currency:
https://www.reddit.com/r/BitcoinMarkets/comments/66fiif/despite_claims_re_hkd_chf_there_are_currently_no/dgihy1q/

The positive is that Bitcoin's price has not nosedived following the announcement.
When people can withdraw cryptocurrencies from Bitfinex, it really doesn't matter.

Of course it didnt nose dived. People need to buy btc to get their fiat out of Bitfinex. So BTC's price will go up because of Bitfinex. Question is when they are going to dump their BTC that they didnt want to buy in the first place.

[JimboToronto]

Morning Jimbo! Good day for bitcoin holders I see.

Mornin' Ted.

Yes, it's a good day for Bitcoin but every day's a good day for Bitcoin.

If the price rises, your holdings increase in value. If it dips, it's a buying opportunity.

Gotta go now. Afternoon game. Hafta be at the SkyDome in half an hour. Luckily they provide free wifi so I can check the prices between innings. What a life!

[bitebits]

Of course it didnt nose dived. People need to buy btc to get their fiat out of Bitfinex. So BTC's price will go up because at of Bitfinex. Question is when where they are going to dump their BTC that they didnt want to buy in the first place.

Bearstamp.

[petahashminer]

bitfinex has reached nearly its all time high, while bitstamp is behind almost 80 dollars.

what is wrong with stamp?

[Coinnosaurus]

new ATH today ?