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

[explorer]

$2 to $1135 is the same as $200 to $113,500.  

Yes, but it wasn't a continuous rally - there was the vertiginous drop from $266 to $50, which at the time felt like the end of a bubble. In relative terms, it was nearly as great as the drop from $1135 to <$200.

Do I remember well that drop from $266 to $50 had some technical issue/glitch, or was it completely natural?

It was initiated by downtime at MtGox as that single exchange did 80% of volume at the time.

Gox was just showing Kraken how to choke on volume.  Speaking of Kraken, I wonder if they got more toasters on a black friday sale?  Maybe upgrade to a 6 slice unit.  That would be nice.

[Heater]

Remember?  

One moment of silence for Tarmi, Notlambchop and others who were our constant friends at that time.  



Edit: I remember how happy everyone was once we finally moved from 220 -> 250$.

Who could forget fonzie?

https://bitcointalk.org/index.php?topic=178336.msg6107325#msg6107325

[Agapios]

Not sure if anyone already posted this, I find it very interesting

John McAfee $8000 Bitcoin is still affordable - BUY it !

https://www.youtube.com/watch?v=TuaSg9RaTAg

[TERA2]

What exactly does affordable mean in something that is so divisible? Are satoshis going to become too expensive to own one day?

[bones261]

Not sure if anyone already posted this, I find it very interesting

John McAfee $8000 Bitcoin is still affordable - BUY it !

https://www.youtube.com/watch?v=TuaSg9RaTAg

He also thinks that Jihan Wu has mined over 50% of Bitcoin and that Bitcoin only has gone through one halving.
https://twitter.com/officialmcafee/status/934212184468590592
https://twitter.com/officialmcafee/status/934228895901147136
Plus his anti-virus product sucks.

[AlcoHoDL]

Oh look. Another ATH.

And another!

Now it's risen to 7260 7270 € at Euro-land.

Looking forward to the dream I'm going to see tonight.

[BitcoinBunny]

$80 billion flowing into the Crypto markets within 24 days is astonishing.

Put it this way:

IF that rate keeps up and even if BTC is only 40% of the total crypto market.

1 BTC in one year's time: +-$35.000  

[HairyMaclairy]

Bithumb is quietly at $9025

Edit:  $9100

[DaRude]

What's up with Finex?

[HairyMaclairy]

What's up with Finex?

Edit:  I remember seeing something about going down for maintenance for 15 minutes.

[European Central Bank]

What's up with Finex?

planned maintenance.

[bones261]

What's up with Finex?

Maintenance?
https://twitter.com/bitfinex/status/934510935573745664

[savetherainforest]

What's up with Finex?

GOD!!! LOL!!! ... This is it!!!!!!!! ... More Hodlers will be born after this!

[HairyMaclairy]

ETH softening.  Most popular trade on Shapeshit ETH to BTC.

[TERA2]

I dont know what high its going to hit first but at some point it has to retrace and fill in the chart from $2000

[pera]

[...]

It's disturbing that talking about red flags regarding the practices of an exchange and a potentially fraudulent currency they have created is considered 'whining'. To me it seems that it's dismissed so quickly because it would mean a (healthy) correction and everyone just wants that quick easy money.

I've read sentiments on this forum that bitcoin is 'too big to fail' now and earlier in this thread someone said something to the effect that even if it's true that bitfinex is printing their own money to prop up the market that perhaps they are doing it out of benevolence... 'too big to fail'? ...Defending a centralized authority controlling market direction? If the community refuses to take this seriously and demand clarity then even if bitcoin reaches $500k it's a failure imo.

Meet the new boss, same as the old boss.

I'm sorry to tell you this but, that's exactly how the Bitcoin community have been for various years already: pretty much nobody cares about any cypherpunk principles nor even if the biggest exchange is printing fiat while the price is going up, this is now exclusively about getting-rich-quick bullshitism. You can even find people telling you to never do anything with your btcs except for "HODLing" them forever, go figure...

[savetherainforest]

I CAN'T DEAL WITH ALL THESE ATH'S !

WHAT IS GOING ON ?!

I CAN'T MEME THIS QUICKLY !

Have you thought about what color your yacht will be? ... Or.. how about a submarine yacht? (good against pirates)

[billyjoeallen]

What's up with Finex?

BFX and Tether are owned by the same people. Don't trust them.

[HairyMaclairy]

I dont know what high its going to hit first but at some point it has to retrace and fill in the chart from $2000

Dunno Tera.  Community attitudes have really changed.

[bitcoinPsycho]

gdax going crazy