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

[explorer]

I'm legitimately concerned about the possibility that Wall St. is setting us up for a big short. If 2014 taught us anything, there's just as much money to be made on the way down. And those guys don't give a toss.

In Wall St. terms the way down from here is chicken feed. And a mega short right now could well kill things stone dead for a long, long time. I wonder what Wall St. would've done with a $250 Bitcoin that didn't move for months. Sod all probably.

The head room is borderline infinite. And they'd be better off letting that run before walloping things when they can take it better.

Interesting point.

And then, a few of them, might start to get it, and realize they are better off just quietly disappearing, bag in hand, rather than playing games for their masters.

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[jbreher]

So has anyone here actually treated themselves to anything after passing an arbitrary milestone?

Not yet. OTOH, my daughter asked me to walk her through my 'laddered day trading' strategy for monetizing the volatility. She's been sitting on her BTC for just shy of four years now. I guess she's ready.

[jbreher]

I personally think John Macafee's dick is safe.

I'm not certain he will even make it to the deadline. He's 72 years old and all those drugs must have been taking a toll on his body. Perhaps he has an iron constitution.

Better living through chemistry?

[gentlemand]

Better living through chemistry?

His body certainly looks vigorous enough - full head of hair, smoking himself silly with no ill effects, previous experience as a yogi.

I just wonder about the grey mush up the top steering it all.

[jbreher]

So has anyone here actually treated themselves to anything after passing an arbitrary milestone?

http://50years-u87.neumann.com/ - Fucking Rhodium Plated !!!
https://www.sweetwater.com/store/detail/VT737SP

Niiice.

Didn't know you were a singer. Or musician of other stripe (U87 seems one of the most versatile LDCs available)

I've sang through a U87 on several occasions. Oddly, the best my voice has sounded was through a TLM103. About one-third the cost of the standard nickel plated U87 Set Z. It was through the same Avalon tho.

[Dabs]

If a miner uses a mining pool, mining gets centralized on that particular pool, by that pool operator, unless it's something like a p2p pool.

A long time ago, if a pool got too large, miners would voluntarily switch to another pool, or the pool itself would not accept new miners and direct them to other pools. I don't see those pools anymore, ghash, deepbit, btcguild ... maybe they're still around in some form or another name or something.

[realr0ach]

The CME group are going to sell nothing. They wont matter.

Lol?  They sell fraudulent Jewish derivatives.

#thegoyimknow

[Rosewater Foundation]

So has anyone here actually treated themselves to anything after passing an arbitrary milestone?

http://50years-u87.neumann.com/ - Fucking Rhodium Plated !!!
https://www.sweetwater.com/store/detail/VT737SP

Niiice.

Didn't know you were a singer. Or musician of other stripe (U87 seems one of the most versatile LDCs available)

I've sang through a U87 on several occasions. Oddly, the best my voice has sounded was through a TLM103. About one-third the cost of the standard nickel plated U87 Set Z. It was through the same Avalon tho.

Before I got wicked old and my health turned to shit I was in a funk band. I used to dream about one of these: https://www.sweetwater.com/store/detail/NE5HP73
Seems like the price has gone down some. Anyway, it's a lovely machine.

[Rosewater Foundation]

[Bitcoinaire]

Looks like a breakout may be imminent.......

[Rosewater Foundation]

Looks like a breakout may be imminent.......

Yeah, I'm about to become a quarter-millionaire again. If Theymos knew I had like $5k in the bank he'd be wise to give me a stern talking to.

[TERA2]

It would be better for me if instead of Bitcoin going to $1,000,000, it simply went back and forth between $10,000 and $11,000 every day on an exact schedule.

[Rosewater Foundation]

It would be better for me if instead of Bitcoin going to $1,000,000, it simply went back and forth between $10,000 and $11,000 every day on an exact schedule.

I'd like to have a look at that schedule, if you don't mind.

[BTCMILLIONAIRE]

It would be better for me if instead of Bitcoin going to $1,000,000, it simply went back and forth between $10,000 and $11,000 every day on an exact schedule.

I'd like to have a look at that schedule, if you don't mind.

Pretty sure making that schedule public would change it almost immediately.

[Rosewater Foundation]

It would be better for me if instead of Bitcoin going to $1,000,000, it simply went back and forth between $10,000 and $11,000 every day on an exact schedule.

I'd like to have a look at that schedule, if you don't mind.

Pretty sure making that schedule public would change it almost immediately.

Butterfly effect?

[TERA2]

I always wondered if I went back in time and bought 1,000,000 coins, what would happen and how it would change. Maybe btc would just fail altogether.

[arklan]

I always wondered if I went back in time and bought 1,000,000 coins, what would happen and how it would change. Maybe btc would just fail altogether.

how about if ya go back and just started mining earlier? like in 2009 when CPU was the way to go... then "oh look, it's BFL... well, i'll ignore that..." and "mt gox? hmm... maybe i'll stay away..." and so on. same events happen, just you choose the "not screwed" side.

course, moot point, since it requires time travel...

personally, i just wish i hadn't sold what i at one point had. or that i'd worked out my shit and kept distributing asic block eruptors... i bet canaryinthemine made bank...

[Rosewater Foundation]

I always wondered if I went back in time and bought 1,000,000 coins, what would happen and how it would change. Maybe btc would just fail altogether.

how about if ya go back and just started mining earlier? like in 2009 when CPU was the way to go... then "oh look, it's BFL... well, i'll ignore that..." and "mt gox? hmm... maybe i'll stay away..." and so on. same events happen, just you choose the "not screwed" side.

course, moot point, since it requires time travel...

personally, i just wish i hadn't sold what i at one point had. or that i'd worked out my shit and kept distributing asic block eruptors... i bet canaryinthemine made bank...

It's heartbreaking how many early Bitcoiners got shook out early. Hell, how much was a bitcoin worth when Theymos was cashing out to pay slickage? Could probly build a seastead by now.

[TERA2]

Someone is throwing up big bid walls

This was just 4-5 years ago when I first started trading here. These walls were such a big deal. Everyone would fear these walls and they'd change the course of the entire market. Now this amount of fiat would just be a 30BTC wall. There are thousands of them and any one of us could put one up.

[Rosewater Foundation]

Good to remember things like this in the right light. The market is a lot more mature now. Just as volatile, I should think.