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

[gembitz]

Bitcoin price just reached the 11.09 Fibonacci extension from last ATH to swing low. This has never happened before in the history of bitcoin. A correction is already taking place, the question is: does price continue advancing to the next extension at $18286?

BTCBTC >.>//^pole vaulting to the moons of jupiter :-D weeeeee

[BitcoinNewsMagazine]

So I was just referred to Bitclub by someone I trade bitcoin with in meat space, says he was introduced to it through his father who is some kind of business person who knows the owners personally. I have no reason to doubt he believes what he told me, but even so, anyone know anything about it? Safe(ish) to invest in?

The way I see it, cloud mining is a flawed business model (for the subscribers, not for the sellers).
If mining is indeed profitable, why should they sell a slice of their profit for a fair price?
Either the price is unfair, or it is just a scam.

Of course, they might be selling shares of the mining profit for fiat money immediately needed for maintenance, or for acquiring new gear and so on, but it's a very long shot. I'd imagine they should have their cash flow under check if they're so successful. And I've never heard of current mining gear being sold on credit. On the contrary, it is usually paid before delivery - often much too long before delivery.

TL;DR I reckon you'd be better off investing your subscription fee directly in bitcoin.

If you are going to invest in hosted mining the most profitable option from my experience is pool.viabtc.com. Now you may not want to buy from them because of their support for BCH. If that is not a problem for you they have the lowest daily fees I have found and they also have an internal market so you can sell your rented hashpower if you get bored. Stay away from Hashnest and pool.bitcoin.com because they charge higher fees which eat into your profit. They also charge more than viabtc per TH/s. Or you can just buy bitcoin and hold.

[savetherainforest]

Wonder how much reliable, professional private security details cost in Mexico...

Sheeit.

here it mentions a couple of mexican states safer than any in the US:

https://www.sovereignman.com/international-diversification-strategies/how-to-gain-permanent-residency-in-mexico-without-leaving-home-22663/

I'm disappointed.

I was expecting an interactive map with color and percentages.

[erre]

#random

So, this recent rally and shit has resulted in my partner and I wanting to take an extravagant vacation to Cabo to take our minds off current pressures in life, and discuss re-adjustment of future goals (early retirement)

With all the crime and shit in Mexico, wanted to look into what it would take to legally carry a concealed handgun from Montana to Mexico.

Long-story-short: Civilian ownership of firearms is strictly prohibited in Mexico, and no fucking way am I getting into Mexico with my carry pieces.

Fuck. First world problems, huh ?

Wonder how much reliable, professional private security details cost in Mexico...

Sheeit.

It you are prone to paranoia, I would avoid mexico and the whole South America.
I don't know how much money do you have, but I assume that would be enough for a comfortable life in a nice first world country. If you want more purchasing power just go to Spain or Portugal.

[Real_Ramsey]

https://twitter.com/PeterLBrandt/status/935698728639328256

[jojo69]

pieces.

Plural...Bob, with one in each hand...of course, lol, why would I ever have imagined it otherwise?

[podyx]

Probably gonna head under $10k for just a little bit. Good time to buy I'd say

[BitcoinBunny]

I'll be the first to call it.
Crypto's dead.



 

[d_eddie]

I'm liking this correction a lot. Small enough until now not to be a source of worry, but significant enough to paint a thin layer of reality over our breathtaking bull run. It does look more legit now, doesn't it?

[gembitz]

#random

So, this recent rally and shit has resulted in my partner and I wanting to take an extravagant vacation to Cabo to take our minds off current pressures in life, and discuss re-adjustment of future goals (early retirement)

With all the crime and shit in Mexico, wanted to look into what it would take to legally carry a concealed handgun from Montana to Mexico.

Long-story-short: Civilian ownership of firearms is strictly prohibited in Mexico, and no fucking way am I getting into Mexico with my carry pieces.

Fuck. First world problems, huh ?

Wonder how much reliable, professional private security details cost in Mexico...

Sheeit.

 

weeee

[Lopumbo]

Bitcoin declines, >85K unconfirmed transactions, 25M Tethers printed today...i'd say moon  

[lightfoot]

Oh what will happen to us when it falls down to 10k? How will we EAT?

Ahem. Still giggling today.

[Wekkel]

https://twitter.com/PeterLBrandt/status/935698728639328256

Comparing the average responsies with those typically given in 2013, we have come a long way. Much more educated. Much more balanc d. Much more ‘seeing the future’ instead of the past.

I will ride this pig wherever she goes 

[Neo_Coin]

Oh what will happen to us when it falls down to 10k? How will we EAT?

Ahem. Still giggling today.

Nothing important, if you will use trailing stoploss orders.

[fragout]

Will it bounce off 10K?
Its still over 11k in Korea so maybe

[podyx]

This dip looks similar to this

https://bitcoincharts.com/charts/bitstampUSD#rg60zig2-hourzczsg2013-11-05zeg2013-11-12ztgSzm1g10zm2g25zv

We might head to $9k even

[vortex1878]

My guess is 10k will hold.
Freshly pulled out off my arse.

[Higher Altitude]

Bitcoin price just reached the 11.09 Fibonacci extension from last ATH to swing low. This has never happened before in the history of bitcoin. A correction is already taking place, the question is: does price continue advancing to the next extension at $18286?

BTCBTC >.>//^pole vaulting to the moons of jupiter :-D weeeeee

[flynn]

Holy Lambo !

BTC is down the equivalent of BCH value and I don't even care.

[jojo69]

roll up the signs guys...it's over