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

[Wekkel]

How do you short IOTA? This shit is getting stupid. At this rate it will overtake bitcoin in about a week.

Take the IOTA price

Multiply it with 100.

Multiply with 1.66

That is the equivalent Bitcoin price.

I am also a bit concerned about the current IOTA price but Mr Market is always right.

[rolling]

Can bitcoin please double in a day like IOTA?

We did that already, in 2013. Look where that led us.

This is why I prefer correcting as we go.

That's true, BTFD.

Looks like we are due for a dip down to at least $10k soon.

[Nivir]

Let us brace ourselves. Fib says we are heading $13,000 in less than 24 hours. If i'm wrong i'll double my giveaways  on street childrens this Christmas.  

[starmman]

Let us brace ourselves. Fib says we are heading $13,000 in less than 24 hours. If i'm wrong i'll double my giveaways  on street childrens this Christmas.  

Price is looking awesome today - and yes - I agree with the strong and steady growth model

Great about the giveaways BTW +kudos

[rolling]

Korean exchanges just can't get enough. We are at an all time high and they are still leading by about $2000.

[600watt]

there was this bitcoin documentary called "the rise and rise of bitcoin"

I think I beginn to grasp what that title means.

CHEERS YOU FUCKIN RICH FUCKERS.

 

[HairyMaclairy]

Funny that no one is talking about the mem pool as we clear 30 sat transactions. 

[flynn]

Funny that no one is talking about the mem pool as we clear 30 sat transactions. 

How to put that politely ? Today I don't give a shit about the mempool, I am just mesmerized by the price graph.

[windjc]

Korean exchanges just can't get enough. We are at an all time high and they are still leading by about $2000.

At some point someone HAS to figure out how to arb these exchanges.

When the Chinese exchanges were at a premium it was much harder to arbitrage. But there must be some wealthy Koreans that want to take advantage of this opportunity.

[TitanGEL]

The price of the bitcoin today is now $12,600 and it seems that it will continue to rise up. People are still buying bitcoins because they know that buying bitcoin today can make profit in the future. The bitcoin is becoming more stronger and more popular than before.

[BitcoinBunny]

Korean exchanges just can't get enough. We are at an all time high and they are still leading by about $2000.

At some point someone HAS to figure out how to arb these exchanges.

When the Chinese exchanges were at a premium it was much harder to arbitrage. But there must be some wealthy Koreans that want to take advantage of this opportunity.

[HairyMaclairy]

Funny that no one is talking about the mem pool as we clear 30 sat transactions. 

How to put that politely ? Today I don't give a shit about the mempool, I am just mesmerized by the price graph.

That was very polite. Well done !

[HairyMaclairy]

Korean exchanges just can't get enough. We are at an all time high and they are still leading by about $2000.

At some point someone HAS to figure out how to arb these exchanges.

When the Chinese exchanges were at a premium it was much harder to arbitrage. But there must be some wealthy Koreans that want to take advantage of this opportunity.

I looked into it.  Korea has forex controls so getting money out is hard. You have to do some shit like buy Hyundai’s and ship those out to get your money out.

The reason locals are buying bitcoin is to send it offshore and circumvent their own forex controls that way.  They don’t care the price it just lets them move funds offshore. We are watching the won inflate against bitcoin in real time.

[BitcoinBunny]

What's the deal with IOTA going beserk? Soon it will overtake Bitcoin Cash marketcap.

[explorer]

Korean exchanges just can't get enough. We are at an all time high and they are still leading by about $2000.

At some point someone HAS to figure out how to arb these exchanges.

When the Chinese exchanges were at a premium it was much harder to arbitrage. But there must be some wealthy Koreans that want to take advantage of this opportunity.

I looked into it.  Korea has forex controls so getting money out is hard. You have to do some shit like buy Hyundai’s and ship those out to get your money out.

The reason locals are buying bitcoin is to send it offshore and circumvent their own forex controls that way.  They don’t care the price it just lets them move funds offshore. We are watching the won inflate against bitcoin in real time.

At about a bitcoin a piece, they soon overflow your carry-on.

[HairyMaclairy]

What's the deal with IOTA going beserk? Soon it will overtake Bitcoin Cash marketcap.

I sold mine at 46 cents /shrug. I couldn’t figure out how the tangle was supposed to work so I couldn’t believe in the tech.

[bitserve]

What's the deal with IOTA going beserk? Soon it will overtake Bitcoin Cash marketcap.

I am trying to figure out.... What I have been able to figure out is that a bunch of shitcoins being traded at Finex have been ridiculously pumped for no apparent reason.

[bitserve]

What's the deal with IOTA going beserk? Soon it will overtake Bitcoin Cash marketcap.

I sold mine at 46 cents /shrug. I couldn’t figure out how the tangle was supposed to work so I couldn’t believe in the tech.

That's the problem I have with all that shitcoins. I try to see something good and it is mostly all shit. Yet some of them rise spectacularly without even delivering anything close to a working PoC.

The tangle is not that bad idea itself, and you can see it fully working in Byteball. What I would like to see is how the iota team plan to make it work on iot devices. A simple arduino PoC would be great.... but I don't see that coming any time soon... or never.

[Neo_Coin]

12,650. Where is the correction? 

[HairyMaclairy]

This is nicer.