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

[Elwar]

Hey guys, I'm trying to load the charts for Bitfinex but I keep getting a 4404 error.

[mymenace]

Hey guys, I'm trying to load the charts for Bitfinex but I keep getting a 4404 error.

seems fine here

https://bitcoinwisdom.com/markets/bitfinex/btcusd

[Wekkel]

I see a lot of intelligent exchange of arguments. That means we can't be in a bubble extreme yet  

[Karartma1]

Hey guys, I'm trying to load the charts for Bitfinex but I keep getting a 4404 error.

This was epic 

[aesma]

For a good time, google the usernames of those you see here (or anywhere). You'll be surprised to see what else they do.

yep, I admit it, I am a flaming antique computer hardware nerd

if anybody has a DFI NFII ULTRA B laying around, I am in the market

I used to have one. Or maybe the model over it, can't remember its name. The SLI ?

Can't remember if I sold it or if it's in my collection that is too big for the room. But I ain't selling anyway !

[aesma]

There is a joke around here about buying a boat. I think I'm the butt of that joke. My father is a sailing fanatic that had to sell his sailboat a couple of years ago. Made him very sad. He had saved some money to buy a new (used) one, but not enough to buy it before the summer. I loaned him about 2BTC in early June with fiat I had planned to use to buy the dips. I knew I was going to probably lose on this, it's a free loan anyway, but I didn't think it would be quite that much. The 2BTC could now almost buy the whole boat !

At least my father is happy, there is that.

[marcus_of_augustus]

There is a joke around here about buying a boat.

is this code for you wondering if you need a bigger boat?

[jojo69]

Hey guys, I'm trying to load the charts for Bitfinex but I keep getting a 4404 error.

[Elwar]

I will likely move to Tahiti next year and will likely live on a boat.

[ErisDiscordia]

I will likely move to Tahiti next year and will likely live on a boat.

I just finished reading this article, where they mention the seastead at Tahiti.

Nice synchronicity. I'll come visit you when Bitcoin hits 23K$

[aesma]

There is a joke around here about buying a boat.

is this code for you wondering if you need a bigger boat?

Ah ah one of my favorite yachts, I wish I could afford it !

[Lauda]

Bitstamp | Total bids: 54677514 USD. Total asks: 2655 BTC. Ratio: 20591.36425 USD/BTC. | Data vintage: 0.0167 seconds

But yeah, sell because of the ICO ban kool-aid drinkers.

I will likely move to Tahiti next year and will likely live on a boat.

Do you have room for a cat?

[AlexGR]

While we're talking about speculative articles, what do you think about this?

Dear Crypto, You’re Being Played By Wall Street
https://medium.com/@JesseLivermore/dear-crypto-youre-being-played-by-wall-street-35a1117ef859

I'll tell you right now... Take the part which I've underlined as an example:

Here we are. Dalia Blass is named Director of the SEC’s Division of Investment Management on August 31 and we just saw a massive rally again. But now there’s no more hype machine to get the Crypto-sphere going, PLUS it’s time for the new SEC Director to ‘put up or shut up’ and anything other than immediate ETF approval means immediate dumping of Crypto.

BTC has gone from nothing to 5k without any ETF. All the delays and rejections never halted its progression. All the scenarios that BTC would dump due to ETF-denial have failed in the long-run... Why? Because this kind of thinking is too american-centric, in a sense that everything revolves around what the US does. It doesn't. BTC is global. The BTC equivalent is the global gold market, not a wall street stock or US-based security. Countries may allow or ban gold buying for periods of time, but the effect is always absorbed by a global market.

[aesma]

I will likely move to Tahiti next year and will likely live on a boat.

Do you have room for me ?

Tahiti is one possible destination for me too, being French no immigration hassle, I would keep my social security etc.

[fluidjax]

This is Robert J. Smilers definition of a bubble, from https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2013/shiller-lecture.pdf

"A situation in which news of price increases spurs investor enthusiasm which spreads by psychological contagion from person to person, in the process amplifying stories that might justify price increase and bringing in a larger and larger class of investors, who, despite doubts about the real value of the investment, are drawn to it partly through envy of others’ successes and partly through a gambler’s excitement."

Its interesting to note that his definition says nothing about the underlying truths or value of the asset. By this definition alone I think Bitcoin could be called a bubble, the problem is that the definition doesn't mention anything about the true value, just perception, and we all know that Bitcoin newbies struggle to put a real value on Bitcoin as there are no decent real world analogies.

[eXpl0sive]

What, we broke 4500 and nobody is posting anything?  I guess we're getting used to it.

[olseh]

What, we broke 4500 and nobody is posting anything?  I guess we're getting used to it.

Not necessarily a bad thing. The fact we're going up without that crazy euphoria is probably a health thing

[soullyG]

[Pajulapoiss]

Just read this...

While we're talking about speculative articles, what do you think about this?

Dear Crypto, You’re Being Played By Wall Street
https://medium.com/@JesseLivermore/dear-crypto-youre-being-played-by-wall-street-35a1117ef859

And then noticed this weird symmetrical bouncy upward movements on all top 10 cryptos?



Are the wall street bastards sending us a hidden message?

[Elwar]

I will likely move to Tahiti next year and will likely live on a boat.

I just finished reading this article, where they mention the seastead at Tahiti.

Nice synchronicity. I'll come visit you when Bitcoin hits 23K$

That's why I am choosing Tahiti. I hope to be there helping them get things ramped up and become one of the first seasteaders.