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

[gembitz]

WOOOOOHOOOOOOOO!!!!! CHOOOOOOOOOOOOOOOO CHOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!
unstoppable.

 

#BTCBTCM0N3YK1NGZZZ

[jbreher]

>(Partner wakes up, looks over at Bitcoin ticker): "Dude..."
>Me: "I know"
>Partner: "DUDE !"
>Me: "I know"
>Partner: "Maybe you should sell 100BTC and BTFD ?"
>Me: "What if no dip ? Where to set re-buy ? Easier and less stressful to just HODL. Let's decide in February"
>Partner: "Ok. I hope your gut bacteria is right"

Haha. The bacteria in our guts are crucial to our well-being. Indeed, it appears likely that the organelles that make up our eukaryotic cells were at one time a federation of separate single-celled organisms. But sentient?

[JayJuanGee]

Gox all over again? Same pattern, same ATH.

Different fundamentals this time.  In case you need it spelt out, buy the dip.

Hahahahahaha


Look at HairyMac.....                      becoming a genuine Bull.          

[MMysterious]

Since the exchanges go down when everyone is panic selling... Maybe we should organize a panic sell fund so they can sell us thier BTC while the exchanges are down. I mean I'm willing to "take one for the team" and buy back at $1000 / BTC. You know... So, they don't "lose everything".

Lol. You'll buy their bitcoins at $1,000? That's a good start. I'll bid $1,100 per bitcoin. Hopefully desperate panic sellers are also here. But it seems they will change their mind after reading the posts here.  

[jbreher]

Where the heck are we headed? And is McAfee still eating his dick?

Nope !

While that is likely true that he won't be eating his dick, it is also true that he doubled down - $1M by 2020 or else.

[True Myth]

Since the exchanges go down when everyone is panic selling... Maybe we should organize a panic sell fund so they can sell us thier BTC while the exchanges are down. I mean I'm willing to "take one for the team" and buy back at $1000 / BTC. You know... So, they don't "lose everything".

Lol. You'll buy their bitcoins at $1,000? That's a good start. I'll bid $1,100 per bitcoin. Hopefully desperate panic sellers are also here. But it seems they will change their mind after reading the posts here.  

And thus BTE  (Bitcoin Talk Exchange) was born.

[True Myth]

Anyone else see this?
https://www.reddit.com/r/Bitcoin/comments/7ga96c/when_do_you_guys_think_the_next_correction_will/
Time traveler maybe?

[xhomerx10]

Anyone else see this?
https://www.reddit.com/r/Bitcoin/comments/7ga96c/when_do_you_guys_think_the_next_correction_will/
Time traveler maybe?

 Faggot!

 Tips: 14424295685752722zNMsMiTcKGHAWgerA

Don't hate me it's a joke. See this: https://bitcointalk.org/index.php?topic=2482799.0

[jbreher]

Starting to feel the same way as I felt back on the MtGox Peak in 2013. The world is mine... Too euphoric. Also seeing too euphoric comments everywhere... Hope this one will not end up like back then...

Yeah... I hate to also be that guy, but it does feel almost exactly the same:

Nov 2013: Bitcoin dips from 800 to 600, then takes off. (First selloff)  Check
Nov 2017: Bitcoin dips from 8000 to 6000, then takes off. (First selloff) Check

Nov 2013: Bitcoin breaks 1000. Euphoria ensues.  Check
Nov 2017: Bitcoin breaks 10000. Euphoria ensues.  Check

Nov 2013: Bitcoin starts jumping 8-10% per day. Check
Nov 2017: Bitcoin starts jumping 8-10% per day. Check

Dec 2013: Bitcoin hits 1150, then majorly crashes. Major FUD bad news that no one anticipated comes out of left field.  Check
Dec 2017: ??

Well if history repeats, it's not like anyone didn't know...  

Crossing my fingers that this time it really is different.

So what's the problem? Hodl. If it is indeed a pattern, we just do it again in four years. At $100,000.

[Paashaas]

[jbreher]

We've broken the $11k guys! This is crazy!

This is not good.

You're grouchy av does you justice.

😊

[Rosewater Foundation]

༼ つ ◕_◕ ༽つ "HODL" ༼ つ ◕_◕ ༽つ  
Understandez-vous?

[True Myth]

Anyone else see this?
https://www.reddit.com/r/Bitcoin/comments/7ga96c/when_do_you_guys_think_the_next_correction_will/
Time traveler maybe?

 Faggot!

 Tips: 14424295685752722zNMsMiTcKGHAWgerA

Don't hate me it's a joke. See this: https://bitcointalk.org/index.php?topic=2482799.0

Look me up when you get to the Citadel.

[jbreher]

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?

Ahhh... What's Bitclub? ::double blink::

[True Myth]

Consolidation on 10k, the new floor for futures trading is priced in. If we do see a big dive, I'm suspecting a combination of some tether FUD and a back peddling of the Wallstreet futures tradeing.  That might shake a few hands.

On another note, not surprised to see coinbase pulling their usual (down for maintenance)  pussy move.
Is it true that stamp went down? I've yet to see that personally.

Speaking of futures...
http://www.businessinsider.com/nasdaq-set-to-launch-bitcoin-futures-2017-11

[xhomerx10]

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?

 It's a multi-level marketing program based very loosely on Bitcoin mining in order to add an air of credibility.  They don't mine very many coins, so it's split into infinitesimally small fractions called shares a certain percentage of which are paid back into the program.  They opened up their Bitcoin pool at zero fees to the public not so long ago so it would seem larger than it really is which in effect hides the already secretive nature of the "club".  You have to sign up and pay 99 bucks just to get any information about it.  

 When I first encountered the "club" I did some research which led me to:
https://99bitcoins.com/anatomy-bitcoin-scam-bitclub-network-analyzed/

 Just say "NO"

[lightfoot]

Airplanes. Thinking about a nice little Beech Sierra.

Cirrus SR22T for me. Because I need more experience before the SF50.

Like, seriously.

That the one with the little parachute? Cute idea but I'd rather land unpowered.

[JayJuanGee]

I noticed recently that coinbase is not issuing bitcoin instantly. It says, PENDING Your digital currency will arrive by the end of day on Thursday Nov 30, 2017.
Wonder what the reasoning is.
Maybe just slow transactions from the full mempools.

Just like Visa with FX txs.  They don't post the transaction until they've made their FX gains on your money, then post to your account - invariably at a higher rate than was warranted on the day of sale.  Sometimes they must wait weeks to achieve this (Visa) but they always get their squeeze.  I wouldn't doubt if CB was holding out to make a little more.  OTOH, volume is mental everywhere.

Why does everything have to be a conspiracy for Coinbase to make more money?

They already create great spreads and build in these kinds of profit cushions into the amounts that customers buy their bitcoins.

Accordingly, this shortage of bitcoins is likely not a matter of making more money but instead moving around coins and keeping enough coins in their hot wallets or whatever they use to reconcile the daily ups and downs of transactions and keeping enough coins.

Accordingly, it seems to be an issue of BTC demand being too high for them to keep up, and therefore, they have to delay delivery of such coins to customers until either they get enough coins or demand for coins goes down.

[infofront]

This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.

What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.

[Imbatman]

Buying frenzy on GDAX right now.  Making my head spin.  $10,800