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

[jojo69]

Also, that one with the soaring emoticon shooting through all the price lines needs to be updated.

Oh somebody did that.

I think it was yesterday...so somewhere 50 pages back, lol.

[Rosewater Foundation]

Do you realize how close we are to WO page count parity? This was complete fiction like a month ago.

[petahashminer]

next 24 hours is critical

[gentlemand]

https://translate.google.co.uk/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.hani.co.kr%2Farti%2Fsociety%2Farea%2F817042.html&edit-text=&act=url

I can't quite figure this out, but it looks like arbitrage between China and Korea is legally frowned upon.

[realr0ach]

Where is Adam? the original thread opener..

I remember the frenzy when we got to 10.000 pages for this thread, and we wanted the same for the price in usd

Tell him we are about to make it!!! Maybe tomorrow at this pace.

Adam's mantra was always '32K guaranteed' it doesn't seem that crazy now....

His "32k guaranteed" quote was a parody of my $3200 post-halving price call.  It wasn't an actual prediction.

[jojo69]

Do you realize how close we are to WO page count parity? This was complete fiction like a month ago.

WOPCP has NEVER been a fiction!

blasphemy

totally serious, I knew this day would come

[Torque]

So Cramer just admitted on cnbc that Bitcoin supply was a problem. Because it forces market makers to push the market as high as possible to "shake out more coins". But that's not happening. People aren't taking profits like they expected. He's worried that they'll have to push the Bitcoin market cap to $1T first before they start to see more supply hit the exchanges.

This is fkn hilarious. They can't just call up someone and whip up more stock shares (like they do when other equities launch!). He basically just revealed what everyone has been suspecting for a long time now, that the U.S. stock market is a complete fraud that only enriches the wealthy elites.

[infofront]

We're one week into December, and the December poll options were totally obsolete already.

I think we're looking at weekly polls for the foreseeable future.

[Rosewater Foundation]

So Cramer just admitted on cnbc that Bitcoin supply was a problem. Because it forces market makers to push the market as high as possible to "shake out more coins". But that's not happening. People aren't taking profits like they expected. He's worried that they'll have to push the Bitcoin market cap to $1T first before they start to see more supply hit the exchanges.

This is fkn hilarious. They can't just call up someone and whip up more stock shares (like they do when other equities launch!). He basically just revealed what everyone has been suspecting for a long time now, that the U.S. stock market is a complete fraud that only enriches the wealthy elites.

Sorry Cramer whoever you are. We're not selling.

[jojo69]

Why you watching that crap Torque?

The long term effects of exposure to stupidity are very detrimental.

[HairyMaclairy]

So Cramer just admitted on cnbc that Bitcoin supply was a problem. Because it forces market makers to push the market as high as possible to "shake out more coins". But that's not happening. People aren't taking profits like they expected. He's worried that they'll have to push the Bitcoin market cap to $1T first before they start to see more supply hit the exchanges.

This is fkn hilarious. They can't just call up someone and whip up more stock shares (like they do when other equities launch!). He basically just revealed what everyone has been suspecting for a long time now, that the U.S. stock market is a complete fraud that only enriches the wealthy elites.

A trillion is only a tripling away.  You aren’t getting my coins for a tripling.  I’m looking 20 years out.  The problem is we believe and they don’t. Wall Street are the weak hands in this game.

[infofront]

So Cramer just admitted on cnbc that Bitcoin supply was a problem. Because it forces market makers to push the market as high as possible to "shake out more coins". But that's not happening. People aren't taking profits like they expected. He's worried that they'll have to push the Bitcoin market cap to $1T first before they start to see more supply hit the exchanges.

This is fkn hilarious. They can't just call up someone and whip up more stock shares (like they do when other equities launch!). He basically just revealed what everyone has been suspecting for a long time now, that the U.S. stock market is a complete fraud that only enriches the wealthy elites.

I think a fundamental problem with the analyses of these wall street types is that they can't comprehend the power of the HODL.

Many of the early adopters, who are still HODLing, got involved in bitcoin to begin with for philosophical, moral, or political reasons. These HODLers are fundamentally different from 99.9% of people/organizations who are long on a stock.

The typical equities investor will take profits at fairly predictable intervals, and cut their losses at fairly predictable levels. Bitcoin HODLers realize they're invested in a world changing technology that has an incomprehensible upside in price still.

A trillion is only a tripling away.  You aren’t getting my coins for a tripling.  I’m looking 20 years out.  The problem is we believe and they don’t. Wall Street are the weak hands in this game.

That's another way to put it. 

[fabiorem]

You can buy a car with bitcoins.

You cant buy a car with stock shares.

That's why people are not selling.

[arklan]

And then there's me, the true believer... Who is basically totally broke, except for the 35 on bitstamp and whatever my job and birthday (Dec. 8, can't I just stop already?) pay me tomorrow...

I swear, if i could I'd just stick my entire paycheck on stamp and let it triple a few times over...

*ahem* wow that came out more whiny than I thought it would... Turning 36 has me in the dumps, I guess. Thought I'd be... Well, where some of you other legendary account owners are... But I'm dumb and prideful and made stupid decisions and pissed people off instead of finding a way to really to them... Would have made my whole family millionaires by now... Sigh.

[HairyMaclairy]

Don’t eat, buy a Trezor and get half of them off the exchange and into cold. 

[HairyMaclairy]

To any JPM analysts following this thread, welcome and tell Jamie we said hi.  

[exponential]

Don’t eat, buy a Trezor and get All of them off the exchange and into cold. 

Fixed 

[bitserve]

Don’t eat, buy a Trezor and get half of them off the exchange and into cold. 

I think he meant $35 and not 35 BTC. It would make no sense for someone with 35BTC (probably a very-soon-to-be bitcoin millionaire) whining about his poor judgement/luck.

[Richy_T]

People aren't taking profits like they expected.

I bought $700 worth of new PC equipment. What more could he want?

[explorer]

So Cramer just admitted on cnbc that Bitcoin supply was a problem. Because it forces market makers to push the market as high as possible to "shake out more coins". But that's not happening. People aren't taking profits like they expected. He's worried that they'll have to push the Bitcoin market cap to $1T first before they start to see more supply hit the exchanges.

This is fkn hilarious. They can't just call up someone and whip up more stock shares (like they do when other equities launch!). He basically just revealed what everyone has been suspecting for a long time now, that the U.S. stock market is a complete fraud that only enriches the wealthy elites.

A trillion is only a tripling away.  You aren’t getting my coins for a tripling.  I’m looking 20 years out.  The problem is we believe and they don’t. Wall Street are the weak hands in this game.

Could triple in a week if there just aren't any coins to buy cheaper.

Speaking of cheaper, has anyone else been watching bitfinex dumping every hour, on the hour for about 5 hours?