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

[Ibian]

It's weird when you come home and 5600 a bitcoin is mildly depressing.....

New normal is normal, and normal is boring. Do something interesting, bitcoin.

[Meuh6879]

save the world now.
you have the money, stupid !

 

[BlindMayorBitcorn]

[LewisPirenne]

80925  unconfirmed transactions

bitcoin will crash  

Never in my life have I seen a trader give the slightest shit about the actual functionality of the network.

More than that, backlog may have the opposite effect as one might suspect.  I have certainly seen people arguing that "How are you going to sell if you can't even get coins onto the exchange after a spike?".  

In fact I saw whole bunch of people moaning in a certain ALT trader Reddit that they can't get BTC onto exchange to 1) prevent liquidation of their BTC margin short, 2) to sell the spike, 3) to convert to ALT, etc....

[JayJuanGee]

And "down" again to 5500 :-/

Where are my 10.000 USD

there is no such thing as straight up, and getting $1k in 24 hours is about as straight up as you are going to get, so we gotta expect some pause from that, no?

I believe so too, but we may see bitcoin hitting 6k before december if china pushes through in licensing exchanges, japan are now one of the biggest single pair volume on bitcoin with license issued to 11 exchanges.

Don't get me wrong.  I consider that there is a considerable amount of UP momentum and pressure, but sometimes we get a small pause in the upwards price movement or even a bit of temporary DOWN movement, and then the trolls come out asserting some unrealistic short term number in order to attempt to talk nearly pure nonsense... maybe in the glass is half full sense that does not appreciate the already upwards gains that we had already experienced.

And "down" again to 5500 :-/

Where are my 10.000 USD

there is no such thing as straight up, and getting $1k in 24 hours is about as straight up as you are going to get, so we gotta expect some pause from that, no?

I like your new succinct style JJG!

I believe that I was merely suffering from a lucid moment.  I doubt that my seemingly improved condition will be permanent.  


Edited  --- added this below response:

And "down" again to 5500 :-/

Where are my 10.000 USD

there is no such thing as straight up, and getting $1k in 24 hours is about as straight up as you are going to get, so we gotta expect some pause from that, no?

I like your new succinct style JJG!

Not gonna last. Talky man likes talky too much.

Yeah... I really don't like talky men, especially if they question my lack of logic.       You go Ibian!!!!!

[Gab0]

jajajkajkajajajajajaja 
I burst out laughing

[xhomerx10]

It's weird when you come home and 5600 a bitcoin is mildly depressing.....

 I supposed it also depends largely on where you're coming from.  If you were coming home from working a 12 hour night shift hoping Bitcoin would have rocketed to 15k to facilitate your retirement, I can sympathize but if you were coming home from a week at Laucala Island Resort in Fiji, well... I'm not a doctor but there are SSRI's for that.

[yefi]

This is a good one, courtesy zerohedge :

I like how he claims now that price doesn't matter to him - a trance that the bear mind enters to minimise painful contradiction.

[Torque]

This is a good one, courtesy zerohedge :

I like how he claims now that price doesn't matter to him - a trance that the bear mind enters to minimise painful contradiction.

A person like Mr. Dimon who has lived his whole life with the idea that "Well you should value what I value or what the state values" has never spent much time contemplating how sound money and belief are intricately intertwined, and form a feedback loop of belief that grows exponentially starting from a smaller group. His thinking is still heavily tied to "statist money" and "statist value", which always involves a centralized intermediary. In fact, his very business depends on it.

[RoomBot]

This is a good one, courtesy zerohedge :

I like how he claims now that price doesn't matter to him - a trance that the bear mind enters to minimise painful contradiction.

It totally works for him.....in his world where massive fraud is met with pay raises.

[bitserve]

This is a good one, courtesy zerohedge :

I like how he claims now that price doesn't matter to him - a trance that the bear mind enters to minimise painful contradiction.

A person like Mr. Dimon who has lived his whole life with the idea that "Well you should value what I value or what the state values" has never spent much time contemplating how sound money and belief are intricately intertwined, and form a feedback loop of belief that grows exponentially starting from a smaller group. His thinking is still heavily tied to "statist money" and "statist value", which always involves a centralized intermediary. In fact, his very business depends on it.

That guy doesn't learn. 24h after saying he won't be talking about Bitcoin anymore he does again and says that "If you're stupid enough to buy it, you'll pay the price for it one day".

It's almost hilarious.

[RoomBot]

This is a good one, courtesy zerohedge :

I like how he claims now that price doesn't matter to him - a trance that the bear mind enters to minimise painful contradiction.

A person like Mr. Dimon who has lived his whole life with the idea that "Well you should value what I value or what the state values" has never spent much time contemplating how sound money and belief are intricately intertwined, and form a feedback loop of belief that grows exponentially starting from a smaller group. His thinking is still heavily tied to "statist money" and "statist value", which always involves a centralized intermediary. In fact, his very business depends on it.

That guy doesn't learn. 24h after saying he won't be talking about Bitcoin anymore he does again and says that "If you're stupid enough to buy it, you'll pay the price for it one day".

It's almost hilarious.

While his evil corporation JPMorgan Chase does MASSIVE BTC trading.

So much, in fact, that the BTC Community should THANK HIM!!! 

 HA HA

NOT.

[bitserve]

This is a good one, courtesy zerohedge :

I like how he claims now that price doesn't matter to him - a trance that the bear mind enters to minimise painful contradiction.

A person like Mr. Dimon who has lived his whole life with the idea that "Well you should value what I value or what the state values" has never spent much time contemplating how sound money and belief are intricately intertwined, and form a feedback loop of belief that grows exponentially starting from a smaller group. His thinking is still heavily tied to "statist money" and "statist value", which always involves a centralized intermediary. In fact, his very business depends on it.

That guy doesn't learn. 24h after saying he won't be talking about Bitcoin anymore he does again and says that "If you're stupid enough to buy it, you'll pay the price for it one day".

It's almost hilarious.

While his evil corporation JPMorgan Chase does MASSIVE BTC trading.

So much, in fact, that the BTC Community should THANK HIM!!!  

 HA HA

NOT.

Not only that... He not only talked about it again... He talked about it MORE than ever before:

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

... And his own daughter owns a couple BTC!

C'on.... it is a bit hilarious at the very least

[Torque]

Thank god she doesn't listen to her idiot father.

I mean J-coin.... really?

Also, he goes on saying that bitcoin is worthless, yet "Governments will someday crush it." So Mr. Dimon, why would they bother to try and crush it if it is worthless? And how exactly would they do that?

And then he says this about fiat currencies: "And a central bank — of course they can misuse it. The central bank [can also] inflate it. So there is a use case for bitcoin."

Yeah we know that you idiot, that's exactly why we like bitcoin!  

[RoomBot]

JAMIE DIMON WANTS ALL THE BTC

It's so obvious.

[RoomBot]

It's almost hilarious.

While his evil corporation JPMorgan Chase does MASSIVE BTC trading.

So much, in fact, that the BTC Community should THANK HIM!!!  

 HA HA

NOT.

Not only that... He not only talked about it again... He talked about it MORE than ever before:


... And his own daughter owns a couple BTC! 

Probably b/c Daddy is a stingy f*ck!

[JayJuanGee]

80925  unconfirmed transactions

bitcoin will crash  

Dont worry, we have Segwit  
Unconfirmed transactions are just spam, produced by malicious agents with evil intentions in search of power. No real adoption.
Anyway, soon we will have Lightning Network, and Joe will only have to buy Lightning Coins to participate in the "great revolution". The great revolution of the fractional reserve banking 2.0.
And if you think it is not enough, all this with the sponsorship of blocks of 1MB FOREVER! We will have the most decentralized network and nodes in raspberry pi.
So, leave your stupidities and think big!

PS: Seriously, I love the 5000s    Congratulations to all!
 

Seriously, you happened to get in nearly all of the r/btc talking points.  Congratulations!!!!   

[sirazimuth]

This is a good one, courtesy zerohedge :

I like how he claims now that price doesn't matter to him - a trance that the bear mind enters to minimise painful contradiction.

A person like Mr. Dimon who has lived his whole life with the idea that "Well you should value what I value or what the state values" has never spent much time contemplating how sound money and belief are intricately intertwined, and form a feedback loop of belief that grows exponentially starting from a smaller group. His thinking is still heavily tied to "statist money" and "statist value", which always involves a centralized intermediary. In fact, his very business depends on it.

That guy doesn't learn. 24h after saying he won't be talking about Bitcoin anymore he does again and says that "If you're stupid enough to buy it, you'll pay the price for it one day".

It's almost hilarious.

While his evil corporation JPMorgan Chase does MASSIVE BTC trading.

So much, in fact, that the BTC Community should THANK HIM!!!  

 HA HA

NOT.

Not only that... He not only talked about it again... He talked about it MORE than ever before:

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

... And his own daughter owns a couple BTC!

C'on.... it is a bit hilarious at the very least

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

"...could care less blah blah blah ha ha ha ....(forced feeble laughter)
blah blah blah bitcoin stupid blah blah blah (ha ha ...fake laugh)
(awkward silence) ha ha ha .... blah blah   (awkward silence)     (ha ha ha polite laughter)
(arm that's not in a stupid looking sling then waves) ha ha my formerly smart daughter... bitcoin ha ha..... "


holy shit! and this idiot is the CEO of a financial conglomerate? that's just frikkin scary.
what an effin moron!

[jojo69]

Seriously, you happened to get in nearly all of the r/btc talking points.  Congratulations!!!!   

SNort!

muffled guffaw

[Ibian]

This is a good one, courtesy zerohedge :

I like how he claims now that price doesn't matter to him - a trance that the bear mind enters to minimise painful contradiction.

A person like Mr. Dimon who has lived his whole life with the idea that "Well you should value what I value or what the state values" has never spent much time contemplating how sound money and belief are intricately intertwined, and form a feedback loop of belief that grows exponentially starting from a smaller group. His thinking is still heavily tied to "statist money" and "statist value", which always involves a centralized intermediary. In fact, his very business depends on it.

That guy doesn't learn. 24h after saying he won't be talking about Bitcoin anymore he does again and says that "If you're stupid enough to buy it, you'll pay the price for it one day".

It's almost hilarious.

While his evil corporation JPMorgan Chase does MASSIVE BTC trading.

So much, in fact, that the BTC Community should THANK HIM!!!  

 HA HA

NOT.

Not only that... He not only talked about it again... He talked about it MORE than ever before:

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

... And his own daughter owns a couple BTC!

C'on.... it is a bit hilarious at the very least

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

"...could care less blah blah blah ha ha ha ....(forced feeble laughter)
blah blah blah bitcoin stupid blah blah blah (ha ha ...fake laugh)
(awkward silence) ha ha ha .... blah blah   (awkward silence)     (ha ha ha polite laughter)
(arm that's not in a stupid looking sling then waves) ha ha my formerly smart daughter... bitcoin ha ha..... "


holy shit! and this idiot is the CEO of a financial conglomerate? that's just frikkin scary.
what an effin moron!

The formerly smart daughter thing was the important bit. He threw his own blood under the bus.