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

[Torque]

Jamie Dimon at odds with his own company? I thought he was going to fire anyone that was trading with bitcoin?

http://www.businessinsider.com/bitcoin-price-record-december-5-jp-morgan-digital-gold-2017-12

[milkshock100]

I doubt if we will ever see 11k again.

[HairyMaclairy]

Bitstamp is calling BCH by its full name “Bcash”. Bcash shills losing their mind on Twitter.

Amusingly the Bitstamp UX is so useless you can’t even trade Bcash using mobile because you can’t scroll the menu down far enough.

[lightfoot]

$11,666. Not the best number to wake up to, but still pretty good. What's on tap for today?

[Last of the V8s]

$11,666. Not the best number to wake up to, but still pretty good. What's on tap for today?

bankers' blood

[m3g4tr0n]

I'm looking for this wedge to complete today, after a test of the resistance line at 12k. I think it's more likely to break down than up, but you never know.


https://imgur.com/a/rIMtw

[HairyMaclairy]

I'm looking for this wedge to complete today, after a test of the resistance line at 12k. I think it's more likely to break down than up, but you never know.


https://imgur.com/a/rIMtw

I’ve been watching it as well.  It’s the $12,000 question.  I will predict a small upward break with reset back down to under $12k.  We will see who is right !

[BTCMILLIONAIRE]

I doubt if we will ever see 11k again.

We are seeing 11k right now?

I'm looking for this wedge to complete today, after a test of the resistance line at 12k. I think it's more likely to break down than up, but you never know.


https://imgur.com/a/rIMtw

I’ve been watching it as well.  It’s the $12,000 question.  I will predict a small upward break with reset back down to under $12k.  We will see who is right !

I'm not so sure about a downward trend if we break 10k Euros. Could either be the profit taking phase or just keep going since that would already be getting quite close to $15k.

[xhomerx10]

Shame about bgodl. Not exactly a crypto-windfall that one.

It's not doing badly for a free coin... I would never buy it though.

Same with Bcash. I have never (and would never) buy Bcash. If there ever was a hope of me taking this coin seriously, it all died when I read that "Letter from the CEO" nonsense written by that pirate guy... 

But it was just a prank letter.

I don't think it was meant as a prank letter...

Or maybe it's my (lack of) sense of humour...

No it was serious. But somebody insisted that it wasn't (I believe in this thread). But maybe I failed to read his sarcasm... lol

He was just trying to make the (valid) point that Bcash is permissionless - but the way he chose to demonstrate it caused confusion. Not sure I would call it sarcasm - maybe irony? I'm not sure what the best English word is for it.

The whole saga was embarrassing on so many levels - for people to attack him for this was doubly stupid. Bcash has plenty of flaws - this isn't one of them.

 I believe the correct term is rant since it was a rather humourless and somewhat condescending, thinly-veiled letter of reprimand for BCash detractors.

[Torque]

I believe the correct term is rant since it was a rather humourless and somewhat condescending, thinly-veiled letter of reprimand for BCash detractors.

Someone from the BCash camp gave Rick Falkvinge the green light to write it and put it out there. And I believe that he wrote it as a quite serious, passionate diatribe. It was full of narcissistic hubris and swagger in support of BCash and it's supposed principles. The same kind of crap we hear from Ver and Wright. But it inadvertently showed how much centralized control and influence over BCash and its supporters that they want to enact. Like a fkn cult or something.

It's only when the whole thing backfired and their camp received backlash and derision, that they started walking it back as some sort of "joke" or "prank" or some attempt at satire.

Rick is one of those political figures that deep down might mean well, but has now become so egotistical and full of himself that he truly believes that everything that he writes is awesome and that people are moved by his amazing, eloquent prose. Which is neither amazing nor eloquent.

[player99]

Good article about the coming futures market:

https://www.coindesk.com/bitcoin-futures-make-way-new-kind-whale/

[Last of the V8s]

Good article about the coming futures market:

https://www.coindesk.com/bitcoin-futures-make-way-new-kind-whale/

'good' is the new doubleplus ungood?
they won't get very far shorting bitcoin

[Ludwig Von]

Good article about the coming futures market:

https://www.coindesk.com/bitcoin-futures-make-way-new-kind-whale/

Apparently the writer did not hear of, or does not know the meaning of the word "Hodler" and the effect it will have on the invaders from of the casino... .

BTW, is Stamp down?

[Last of the V8s]

... but bitfinex is up
new ath
woot

[RayX12]

The Bad edit: (aaa ass) Boom is coming!

[Torque]

Good article about the coming futures market:

https://www.coindesk.com/bitcoin-futures-make-way-new-kind-whale/

'good' is the new doubleplus ungood?
they won't get very far shorting bitcoin

Notice how the MSM wants to take every possible piece good news for Bitcoin and turn it into a negative?

Every. Single. Time.

Just wait guys, next year the launching of Bitcoin ETFs will also be "bad for Bitcoin" too.

Got to keep Average Joes far far away from Bitcoin. Or at least for another 10-20 years.  

[BitcoinBunny]

My city of Bitcoins

Come on, rise up! Come on, rise up!
Come on, rise up! Come on, rise up!
Come on, rise up! Come on, rise up!

[BTCMILLIONAIRE]

I believe the correct term is rant since it was a rather humourless and somewhat condescending, thinly-veiled letter of reprimand for BCash detractors.

Someone from the BCash camp gave Rick Falkvinge the green light to write it and put it out there. And I believe that he wrote it as a quite serious, passionate diatribe. It was full of narcissistic hubris and swagger in support of BCash and it's supposed principles. The same kind of crap we hear from Ver and Wright. But it inadvertently showed how much centralized control and influence over BCash and its supporters that they want to enact. Like a fkn cult or something.

It's only when the whole thing backfired and their camp received backlash and derision, that they started walking it back as some sort of "joke" or "prank" or some attempt at satire.

Rick is one of those political figures that deep down might mean well, but has now become so egotistical and full of himself that he truly believes that everything that he writes is awesome and that people are moved by his amazing, eloquent prose. Which is neither amazing nor eloquent.

Your post on the other hand... I love the way you use language. no homo

[luckygenough56]

When you are big fat whales and you enter a market at the top of a bubble, logic dictates you to short the heck of it...but it takes time to open massive shorts (u need lotsa fools )so the bubble has to continue quite a bit after 10th december imo then badaboom.

[BTCMILLIONAIRE]

Good article about the coming futures market:

https://www.coindesk.com/bitcoin-futures-make-way-new-kind-whale/

'good' is the new doubleplus ungood?
they won't get very far shorting bitcoin

Notice how the MSM wants to take every possible piece good news for Bitcoin and turn it into a negative?

Every. Single. Time.

Just wait guys, next year the launching of Bitcoin ETFs will also be "bad for Bitcoin" too.

Got to keep Average Joes far far away from Bitcoin. Or at least for another 10-20 years.  

If they really stay away for another 10-20 years some people on here will end up so filthy rich that they could just outright buy a country.