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

[BTCMILLIONAIRE]

so we broke down through the parabolic-est trend...I guess for the moment we will have to settle for parabolic-er-er-er growth

Parabolas have two sides, you know....

Sure, but you can move the middle point around to make it appear the way most people would like it to.

[bones261]

^we'll take it!

 What the fuck am I gonna do with all that Y?!  Who decided that Bitcoin would be denominated in Y and Y weren't we consulted? 
Must be another Roger Ver misdirection.

Y=¥

[Torque]

^we'll take it!

 What the fuck am I gonna do with all that Y?!  Who decided that Bitcoin would be denominated in Y and Y weren't we consulted? 
Must be another Roger Ver misdirection.

Y=¥

Y=YOLO

[realr0ach]

Who decided that Bitcoin would be denominated in Y and Y weren't we consulted? 

You will have to find out if the universe is deterministic or not to answer that question:

http://steemit.com/science/@r0achtheunsavory/the-r0ach-report-25-computer-science-proves-the-existence-of-a-variable-known-as-god-but-not-what-god-actually-is

[xhomerx10]

^we'll take it!

 What the fuck am I gonna do with all that Y?!  Who decided that Bitcoin would be denominated in Y and Y weren't we consulted? 
Must be another Roger Ver misdirection.

Y=¥

₮ｻ∆ик$ ﾓ◊Я ₮ｻ∑ ∑Жקﾚ∆и∆₮เ◊и

[xhomerx10]

^we'll take it!

 What the fuck am I gonna do with all that Y?!  Who decided that Bitcoin would be denominated in Y and Y weren't we consulted? 
Must be another Roger Ver misdirection.

Y=¥

Y=YOLO

 In that case, I'm YODLin

[undeadbitcoiner]

I haven´t done much important in my life. But i have this forum getting going again. Thanks guys, keep it up  

You and Me are in this Forum i think that is already a lot we did, Don't forget my Friend there are still more than 6 Billion People in the world don't know or hear what is bitcoin.

[Imbatman]

So with cboe futures on Sunday, I'm thinking coiled spring ready to blow. Not sure of direction, though I'm betting on up... Either way it's going to be insane.

Agree or no?

It could be buy the rumor, sell the news... but in the longer term it is certainly bullish... because there is almost no way that these traditional financial fucks have prepared themselves enough BTC to really engage with this new instrument.

But don't you think it's the traditional financial fucks as you call them -- are the ones that largely have driven the price from 8k to 16k, in an effort to have a supply on side to hedge against the Big Short that will come?

Don't you think their plan was to accumulate as much as they could before futures go live?

If it was a coiled spring ready to burst upwards, wouldn't they be sitting on their cash right now and our price would be $8,500?

I hate to say it but I'm betting on downward pressure first.  Maybe not right away but I think it hits $12k before it hits $20k

Rather than giving an accurate assessment, you sound like you are unduly sympathetic to the plights of traditional financial fucks.

You also seem to give traditional financial fucks much more credit than they likely deserve in the supposed bitcoin "preparedness" arena.

Furthermore, $12k is hardly any kind of correction, given our past performance and given the current dynamics, so get real.  

Of course we could easily correct to $12k and even to $10k and it is within reasonable BTC price movements, especially when we have our current level of trade volume and seemingly ongoing passion, yet the current BTC price pressures remain UPPITY.. whether that is coming from traditional financial fucks or more broader-based.. and really I doubt that traditional financial fucks are driving this mad BTC price machine as much as you seem to be anticipating... good luck with your downward bets.    

Wow you are pretty condescending and arrogant.  Who said I was betting money on this?  I rather said this is what I think is going to happen.  Again, why so much anger at someone simply referencing their opinion?  Christ.

[bones261]

Who decided that Bitcoin would be denominated in Y and Y weren't we consulted? 

You will have to find out if the universe is deterministic or not to answer that question:

http://steemit.com/science/@r0achtheunsavory/the-r0ach-report-25-computer-science-proves-the-existence-of-a-variable-known-as-god-but-not-what-god-actually-is

Of course the universe is not deterministic. It's called quantum mechanics. Unless you want to consider things falling within certain probabilities deterministic.

[HairyMaclairy]

CBOE futures launch in 24 hours.

Each contract is for a US$ cash payment equal to 1 Bitcoin at the Gemini price at the Settlement Time, which is 4 pm Central Time on the Settlement Date.  Minimum price tick is $10.  Contracts settle in January, February and March.

XBT/F8 January

XBT/G8 February

XBT/H8 March

Please place your price predictions for the opening price of each of the three futures contracts.  Note:   I am still trying to work out the Settlement Date in each month. If someone has that info I will edit this post.


Edit:   Expiration Dates courtesy of Heater

GXBT      16250.00   -572.59   16350.10   14500.00     
XBT/F8   01/17/2018   0.0   0.0   0.0   0.0   0.0   0
XBT/G8   02/14/2018   0.0   0.0   0.0   0.0   0.0   0
XBT/H8   03/14/2018   0.0   0.0   0.0   0.0   0.0   0

[realr0ach]

Who decided that Bitcoin would be denominated in Y and Y weren't we consulted?  

You will have to find out if the universe is deterministic or not to answer that question:

http://steemit.com/science/@r0achtheunsavory/the-r0ach-report-25-computer-science-proves-the-existence-of-a-variable-known-as-god-but-not-what-god-actually-is

Of course the universe is not deterministic. It's called quantum mechanics. Unless you want to consider things falling within certain probabilities deterministic.

If you are locked inside an internal system with an external system surrounding you, it can still be deterministic and you're doing the equivalent of being played like a VCR tape to see predetermined events.  Whatever is at the top of the hierarchy takes precedent.

[JayJuanGee]

So with cboe futures on Sunday, I'm thinking coiled spring ready to blow. Not sure of direction, though I'm betting on up... Either way it's going to be insane.

Agree or no?

It could be buy the rumor, sell the news... but in the longer term it is certainly bullish... because there is almost no way that these traditional financial fucks have prepared themselves enough BTC to really engage with this new instrument.

But don't you think it's the traditional financial fucks as you call them -- are the ones that largely have driven the price from 8k to 16k, in an effort to have a supply on side to hedge against the Big Short that will come?

Don't you think their plan was to accumulate as much as they could before futures go live?

If it was a coiled spring ready to burst upwards, wouldn't they be sitting on their cash right now and our price would be $8,500?

I hate to say it but I'm betting on downward pressure first.  Maybe not right away but I think it hits $12k before it hits $20k

Rather than giving an accurate assessment, you sound like you are unduly sympathetic to the plights of traditional financial fucks.

You also seem to give traditional financial fucks much more credit than they likely deserve in the supposed bitcoin "preparedness" arena.

Furthermore, $12k is hardly any kind of correction, given our past performance and given the current dynamics, so get real.  

Of course we could easily correct to $12k and even to $10k and it is within reasonable BTC price movements, especially when we have our current level of trade volume and seemingly ongoing passion, yet the current BTC price pressures remain UPPITY.. whether that is coming from traditional financial fucks or more broader-based.. and really I doubt that traditional financial fucks are driving this mad BTC price machine as much as you seem to be anticipating... good luck with your downward bets.    

Wow you are pretty condescending and arrogant.  Who said I was betting money on this?  I rather said this is what I think is going to happen.  Again, why so much anger at someone simply referencing their opinion?  Christ.

It seems that I have already explained within my comment about how you have stated a ridiculous position, and sure, maybe you really believe it, and good for you.

One thing we know with a considerable amount of certainty is that we have a price battle going on right now, which is likely to continue to cause and exacerbate already existing bitcoin volatility... and also seems likely to the upside, but nothing is guaranteed in bitcoinlandia... and furthermore, there seems to be little to no reason to defend traditional financial fucks because historically they have been fucking a lot of folks for a lot of years (so even though some of them might be nice people, the institution is full of manipulation, and bitcoin seems intended to put a considerable check on these already referred to traditional financial fucks).  For some reason you seem to either want to sugar coat this or in my humble bumble (or not so humble) opinion, you are seeming to empathize too much with them.

[gentlemand]

Please place your price predictions for the opening price of each of the three futures contracts.  Note:   I am still trying to work out the Settlement Date in each month. If someone has that info I will edit this post.

1 Dunno.

2 Really dunno.

3 My brain hurts.

[HairyMaclairy]

My prediction for opening price 24 hours from now.

XBT/F8 January:  $16,000

XBT/G8 February:  $17,000

XBT/H8 March:  $18,000

[xhomerx10]

Who decided that Bitcoin would be denominated in Y and Y weren't we consulted? 

You will have to find out if the universe is deterministic or not to answer that question:

http://steemit.com/science/@r0achtheunsavory/the-r0ach-report-25-computer-science-proves-the-existence-of-a-variable-known-as-god-but-not-what-god-actually-is

 

 Mindblowing

[bones261]

Who decided that Bitcoin would be denominated in Y and Y weren't we consulted?  

You will have to find out if the universe is deterministic or not to answer that question:

http://steemit.com/science/@r0achtheunsavory/the-r0ach-report-25-computer-science-proves-the-existence-of-a-variable-known-as-god-but-not-what-god-actually-is

Of course the universe is not deterministic. It's called quantum mechanics. Unless you want to consider things falling within certain probabilities deterministic.

If you are locked inside an internal system with an external system surrounding you, it can still be deterministic and you're doing the equivalent of being played like a VCR tape to see predetermined events.  Whatever is at the top of the hierarchy takes precedent.

I'm an agnostic. However, if I were to adopt a Protestant Christian belief system, I am more inclined to go with Wesley than Calvin.

[xhomerx10]

Who decided that Bitcoin would be denominated in Y and Y weren't we consulted? 

You will have to find out if the universe is deterministic or not to answer that question:

http://steemit.com/science/@r0achtheunsavory/the-r0ach-report-25-computer-science-proves-the-existence-of-a-variable-known-as-god-but-not-what-god-actually-is

Of course the universe is not deterministic. It's called quantum mechanics. Unless you want to consider things falling within certain probabilities deterministic.

 Okay, that's enough.  I'm going to have to put you guys on ignore because I have no idea what you're talking about.

[JayJuanGee]

Was Gemini hacked or is this just scheduled maintenance like their status page claims?

https://status.gemini.com/incidents/k4qvyflfmm24

Yep.. it is surely taking them a long time to get back online, and they have been having quite a few of these issues in recent weeks, which does not bode well for them in terms of attracting institutional investors and even partnering with CBOE

It appears that those quasi- "non traditional financial fucks" aka Gemini, did not participate in our "crash" from a few hours ago.

I was just able to log in and none of my buy orders below $15k executed, and the Gemini price is currently bouncing in the $15k territory.

Perhaps they will dip a little bit to get more in line with the other exchanges, but I am having my doubts, since in recent days they have been lining up a lot more closely with GDAX, which seems to be their current bouncing around price point.

[HairyMaclairy]

Was Gemini hacked or is this just scheduled maintenance like their status page claims?

https://status.gemini.com/incidents/k4qvyflfmm24

Yep.. it is surely taking them a long time to get back online, and they have been having quite a few of these issues in recent weeks, which does not bode well for them in terms of attracting institutional investors and even partnering with CBOE

It appears that those "non traditional financial fucks" aka Gemini, did not participate in our "crash" from a few hours ago.

I was just able to log in and none of my buy orders below $15k executed, and the Gemini price is currently bouncing in the $15k territory.

Perhaps they will dip a little bit to get more in line with the other exchanges, but I am having my doubts, since in recent days they have been lining up a lot more closely with GDAX, which seems to be their current bouncing around price point.

If institutional money stabilises Gdax and Gemini, then arb will eventually clean up BFx and Bitstamp. I think we all risk being bored silly.

[pfrtlpfmpf]

*prayforbitcoin*

Wait, we´ve got the fork for that, soon: "bitcoin god", for all you believers out there. It´s no problem, to believe, but be carefull in what you believe.