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

[Torque]

I thought CME was only planning daytime trading for the time being. I might be wrong, though. Honestly, I haven't read the documentation with great care.

I believe you're right. Should be Mon.-Fri., normal U.S. stock trading hours (9:30am-4p EST).

[Wekkel]

In the age of computers "money" that can be created and exchange hands safely online / via networks BTC to me makes far more sense than a piece of gold.

Oh I agree. Bitcoin is better and easier in every way than physical gold.

Gold as insurance and a fairly stable store of value can work as well, but the establishment has made sure to first de-monetize it and then crush it to the point of near extraction/refinement cost. That was their plan all along. People, esp younger generations, just aren't interested in owning precious metals anymore. And I can't say that I blame them.

Gold will only catch on with the broader public if inflation roars its ugly head. And (official) inflation was rather absent the last few years despite the enormous quantities of credit pumped into the economy.

So Gold is by all means dead. I wait for the moment that the UK or other developed country dumps Gold as a sign for the absolute bottom. But the run up afterwards will never be so spectacular as Bitcoin. Perhaps in Gold mining stocks but that is not my thing (a lottery in those heavily manipulated markets).

I’ll stay Digital.

[Cassius]

I thought CME was only planning daytime trading for the time being. I might be wrong, though. Honestly, I haven't read the documentation with great care.

I believe you're right. Should be Mon.-Fri., normal U.S. stock trading hours (9:30am-4p EST).

That's right. Never quite made sense to me. Or the circuit breakers. I can't imagine the number of n00b Wall Street traders waking up and finding their contracts have got rekt.

But I'm going to work on that.

[Ibian]

Caught a headline in a british airport today. Something something cracking down on bitcoin criminals, didn't pay much attention. Also,

I thought CME was only planning daytime trading for the time being. I might be wrong, though. Honestly, I haven't read the documentation with great care.

I believe you're right. Should be Mon.-Fri., normal U.S. stock trading hours (9:30am-4p EST).

Limited hours for only part of the week is so fucking dumb it's almost hilarious.

[RayX12]

I thought CME was only planning daytime trading for the time being. I might be wrong, though. Honestly, I haven't read the documentation with great care.

I believe you're right. Should be Mon.-Fri., normal U.S. stock trading hours (9:30am-4p EST).

That's right. Never quite made sense to me. Or the circuit breakers. I can't imagine the number of n00b Wall Street traders waking up and finding their contracts have got rekt.

But I'm going to work on that.

Makes me sick to my stomach to how all of this trading money will not actually flow into bitcoin but rather in the pockets of CME manipulators.
Fuck CME and futures contracts.

[Torque]

Makes me sick to my stomach to how all of this trading money will not actually flow into bitcoin but rather in the pockets of CME manipulators.
Fuck CME and futures contracts.

Well, there might be a silver lining. Futures trading heavily weighted to the buy side. So support for the underlying will likely steadily flow in to BTC. Not all of that will leave, creating buying pressure over time.

[BitcoinBunny]

I look forward to the day I can possibly retire on my crypto portfolio.

Email from recruiter right now:

Hi BitcoinBunny,

Good afternoon Robert,

I came across your profile and it looks perfect for.... blah blah...

They are so incredibly useless it's not even funny.
Outsourcing recruitment to this extent has been one of the biggest negatives that the internet / online space has catered for in my opinion.  
In the UK alone, 10 new recruitment agencies are set up each day.

[Meuh6879]

Only 920 days to the halvening

true, true ...

http://www.thehalvening.com/

[Paashaas]

After CME and Nasdaq now Cboe will start trading Bitcoin futures December 10th.

Love it ore hate it...Wallstreet is coming 

[BitcoinBunny]

Only 920 days to the halvening

true, true ...

http://www.thehalvening.com/

I wonder if after the halvening the animation will show an empty launch pad and the remains of some burned engineers. 

[JimboToronto]

Good morning Bitcoinland.

Still digesting yesterday's action, I see... currently $11387USD/$14441CAD (Bitcoinaverage).

Old coins total $13235USD/$16786CAD (Coinmarketcap).

We'll probably have to wait another day or two for an ATH.

No sweat. Go Bitcoin go.

[Ibian]

After CME and Nasdaq now Cboe will start trading Bitcoin futures December 10th.

Love it ore hate it...Wallstreet is coming 

Hold on. Does everyone here count as sophisticated and professional?

[BitcoinBunny]

Hold on. Does everyone here count as sophisticated and professional?

That's better than being branded as a tax dodging criminal. 

[Ludwig Von]

Hold on. Does everyone here count as sophisticated and professional?

That's better than being branded as a tax dodging criminal. 

You should receive an award !!! (to be handed to you by Mr Dimon himself)

[BitcoinBunny]

Hold on. Does everyone here count as sophisticated and professional?

That's better than being branded as a tax dodging criminal. 

You should receive an award !!! (to be handed to you by Mr Dimon himself)

Coming from him an award would mean.... absolutely nothing. 

[Ludwig Von]

Hold on. Does everyone here count as sophisticated and professional?

That's better than being branded as a tax dodging criminal. 

You should receive an award !!! (to be handed to you by Mr Dimon himself)

Coming from him an award would mean.... absolutely nothing. 

I suppose not the award, but Mr Dimon is totally worthless ? 

[LFC_Bitcoin]

After CME and Nasdaq now Cboe will start trading Bitcoin futures December 10th.

Love it ore hate it...Wallstreet is coming 

HODL & enjoy the show gentlemen!

[Meuh6879]

Oh yeah, hedge funds will like that ... 

(remember the number that they have going to bankrupty for a less than 10% stock variation over the years ?)

http://www.zerohedge.com/news/2017-12-03/cameron-and-tyler-winklevoss-are-worlds-first-confirmed-bitcoin-billionaires

[Wekkel]

Momentum is slowly disappearing so a small correction could be forthcoming.

* Blasphemy!! * 

[Rosewater Foundation]

Oh yeah, hedge funds will like that ... 

(remember the number that they have going to bankrupty for a less than 10% stock variation over the years ?)

http://www.zerohedge.com/news/2017-12-03/cameron-and-tyler-winklevoss-are-worlds-first-confirmed-bitcoin-billionaires

It's amazing the things you can get used to.