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

[Cassius]

I don't think the market will miss a beat. The FUD is by design, the FUDsters need another reason to short/dump the market and cause another panic. It's getting comical at this point. After every rally, there is always some "magical FUD" that appears out of nowhere and gets everyone all frazzled.

You guys need to chillax. Also, why do you guys consider Bitfinex to be the center of the Bitcoin universe? They suck, everyone knows it, no one trusts them, and hardly anyone I know even trades there.

I'd rather say that it's not the right time for this 'news' to make an impact.
The market will probably rise until it gets too far ahead of itself does its full bubble thing. Then it will need a trigger to implode.
Back in 2014 the market shrugged off good news just like it is shrugging off bad news now.

Let me help you out a little here.

Mark my words, there WILL be another FUD-driven dump coming. Likely on or before 12/14. Or even shortly thereafter. But there will be another huge dump (likely -30%), and it will try to get people to panic sell.

There, I said it. Prepare accordingly.

I'm talking about the end of a bubble phase, not a dump - even a major one - along the way. And yes, I'd expect at least another major dump before $10k.

[Dotto]

The red wand is my hardware wallet

[fabiorem]

It seems the new FUD from bear camp is about tether.

https://www.reddit.com/r/Bitcoin/comments/7efxp5/the_tether_fud_made_more_tether_congratulations/

Updated version of "all the world's money" chart: http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

Global money supply: $90.4 trillion. From these, only 8% is physical money.

Derivatives: $544 trillion.

Just apply the tether FUD to derivatives. If the derivatives dont blow up the financial system, so tether will not blow up bitcoin as well.

[Paashaas]

Another ATH...nice!

[RayX12]

Another ATH...nice!

ha ha ha.. very nice indeed-- bears are  

[ghandi]

[petahashminer]

ATH ??

 

[hv_]

ATH ??

 

Confirmed

[Phil_S]

Just 20% more and...



8333 * 1.20 = 10000

[Dabs]

And add to that the "real" bitcoin futures derivatives and later on the exchange traded funds derivatives, and the large banking fractional reserve derivatives.

[AlexGR]

Updated version of "all the world's money" chart: http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

He's got the silver data wrong. Above ground supplies are not 17bn usd, that's around 1 year of mining supply if we round it to 1 bn ounces - although IIRC it's nearer 800mn ounces / 25.000 tons/year.

Above ground silver (excluding landfills / non-economically recoverable) should be 1mn tons+, or 546bn+ USD.

[DARKHOLDER]

Next target 8500$ soon..

[jojo69]

G'mornin', honkeys !

/holds 9mm sideways, does really poor, off beat rap gestures to greet Bob/

[JimboToronto]

Good morning Bitcoinland.

Another day another ATH... currently $8356USD/$10665CAD (Bitcoinaverage).

Total old coin worth is $9804USD/$12520CAD (Coinmarketcap).

Down $500, up $600. I'll never get tired of this.

Go Bitcoin go.

[vortex1878]

Update on my Iota withdrawal from Bitfinex: Nothing.
Pending for 44 hours after approval now. Sent three reminders on my support ticket. No reply.
Great.

[soullyG]

Wooo another ATH, I love it when the real world distracts you from Bitcoin and you get a nice surprise when you return  

[Im not a robot]

You guys need to chillax. Also, why do you guys consider Bitfinex to be the center of the Bitcoin universe? They suck, everyone knows it, no one trusts them, and hardly anyone I know even trades there.

If hardly anyone trades there, then why do they have the highest trading volume? If BFX really has a QE scandal and BFX leads the markets then the markets have a QE scandal.

It seems to me the order books on other exchanges are often meaningless with the major pairs and that the book that most accurately portrays market direction is the BFX book.

[gembitz]

Good morning Bitcoinland.

Another day another ATH... currently $8356USD/$10665CAD (Bitcoinaverage).

Total old coin worth is $9804USD/$12520CAD (Coinmarketcap).

Down $500, up $600. I'll never get tired of this.

Go Bitcoin go.

good mawning sir ~ ATH ATH ATH bitcoin is flyinggggg :-D weeeee

[Arriemoller]

Wow, so much is happening...

So it seems Bitcoin Gold (BTG) is doing well. I guess it's that time of the year again, when I have to fire up my TREZOR and split my coins to get my BTG airdrop.

And now I read about another airdrop, Bitcore (BTX)! How come I missed that?

My plan is this:

1. Create a new recovery seed in TREZOR and move my BTC there.
2. Do the Bitcoin Gold (BTG) splitting on the old (empty of BTC) recovery seed.
3. What do I do to claim my Bitcore (BTX)?

If anyone knows the procedure for BTX, please let us know, I'm sure many of us have the same question.

Thanks!

Go back about 1-2 pp.

Thanks. I did read the pages earlier, but felt the info was a bit confusing on what to do. I read them again now, and I think all info needed is contained in the following steemit page:

https://steemit.com/crypto-news/@xwerk/bitcore-btx-guide-the-2nd-snapshot-for-btc-hodlers-free-btx-or-how-it-works

Will empty my current wallet (seed) of all coins first, and then do the BTG and BTX splitting. Will let everyone know what happened, so that anyone wanting to do the same can have some reassurance on the correct procedure to follow.

You might wanna wait until the 17/12, Smartbitcoin forks on that date and you might be able to get three coins instead of two. http://www.supersmartbitcoin.com/index.html

[vroom]

Update on my Iota withdrawal from Bitfinex: Nothing.
Pending for 44 hours after approval now. Sent three reminders on my support ticket. No reply.
Great.

IOTA is so much fail. Don't use this shit.