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

[Rosewater Foundation]

I have no idea what's going on here. A Bitcoin is worth less than a future of Bitcoin. This is a strange game.

[orpington]

i can barely enter CBOE site...
dont tell me a pair of "tulip lovers" can make this??


Gentlemen, it has been a pleasure reading you...

Next stop, out of this galaxy  

Fucking tulip growers crashed CBOE? lol

[bitserve]

I have no idea what's going on here. A Bitcoin is worth less than a future of Bitcoin. This is a strange game.

You find strange that someone thinks Bitcoin will be worth more in the future than it currently is? Really?

[TERA2]

What is the ticker symbol to buy the CBOE futures? An article says it is XBT but I put XBT, that is the gemini exchange index.

[JimboToronto]

Someone ddos attack www.cboe.com or what? Website is down indefinitely.

Not surprised. It doesn't take much to bring down almost any "traditional" website not used to the Bitcoin crazy loads and attacks. I even have my doubts their ui/engine could sustain the massive number of users and style of trading of Bitcoin. This is gonna be fun.

Mainstream noobs.  

[arklan]

Yea, confused too.

If that's what they think... Well, buy bitcoin!

Bleh. Don't understand futures.

[TruBitMil]

Did it just go up 1500 in about 90 seconds?

the btc whales saying hello

[jojo69]

Someone ddos attack www.cboe.com or what? Website is down indefinitely.

welcome to Bitcoin motherfuckers   

[Rosewater Foundation]

I have no idea what's going on here. A Bitcoin is worth less than a future of Bitcoin. This is a strange game.

You find strange that someone thinks Bitcoin will be worth more in the future than it currently is? Really?

But I got a bird in the hand. They ain't even holdin'.

[strawbs]

I have no idea what's going on here. A Bitcoin is worth less than a future of Bitcoin. This is a strange game.

You find strange that someone thinks Bitcoin will be worth more in the future than it currently is? Really?

But I got a bird in the hand. They ain't even holdin'.

Yup, that's how futures work. Weird but true.

[Ibian]

Anyone ever get the feeling that this is a little too easy? I mean, buy and hold is so simple and makes so much money. Doesn't seem right somehow that we can get rich by just waiting for the world to catch up to us. Not complaining, but it's weird.

[TruBitMil]

They seem to have some serious plans of dumping the bitcoins before 2018. Man, look at the timings, Bithumb is down for maintenance, they're having no trouble in playing with the current values of bitcoins. If this keeps on, I think another pump could take bitcoin to $20k and a dump could take it down to even less than $10k. I honestly don't like the idea of this at all.

Not sure how that would be different from anything that came before?

[bitserve]

I have no idea what's going on here. A Bitcoin is worth less than a future of Bitcoin. This is a strange game.

You find strange that someone thinks Bitcoin will be worth more in the future than it currently is? Really?

But I got a bird in the hand. They ain't even holdin'.

The futures market is for people that don't want to hold the asset. Holding assets imply risks and added overhead. They just want to bet on the price and get profit if they are right.

Ie: I don't want nor have the means to hold soya grains.... But I can bet on its future price.

[Rosewater Foundation]

I have no idea what's going on here. A Bitcoin is worth less than a future of Bitcoin. This is a strange game.

You find strange that someone thinks Bitcoin will be worth more in the future than it currently is? Really?

But I got a bird in the hand. They ain't even holdin'.

The futures market is for people that don't want to hold the asset. Holding assets imply risks and added overhead. They just want to bet on the price and get profit if they are right.

Ie: I don't want nor have the means to hold soya grains.... But I can bet on its future price.

I got you. Now all they have to do is move the real market where they want it and profit.

[bitserve]

Anyone ever get the feeling that this is a little too easy? I mean, buy and hold is so simple and makes so much money. Doesn't seem right somehow that we can get rich by just waiting for the world to catch up to us. Not complaining, but it's weird.

It's normal that you have that "weird" feeling, because we are in an abnormal situation (being early holders of a successful asset). Don't you think early owners of oil rich land felt weird themselves during the oil boom? I am sure they did.

[HairyMaclairy]

Someone ddos attack www.cboe.com or what? Website is down indefinitely.

welcome to Bitcoin motherfuckers   

Welcome to the family.

[pfrtlpfmpf]

Did it just go up 1500 in about 90 seconds?

You haven´t seen nothing yet !

I mean, theres no reason why we can´t go to 100000. Tell me one, only one !

[TruBitMil]

Anyone check if the US economy has crashed yet?  

[hazukison]

Did it just go up 1500 in about 90 seconds?

You haven´t seen nothing yet !

So I just got home from being out all day and it turns out I have no Internet. Awesome but I checked cmc an hour ago and we're up maybe $100 am I missing something here? People mentioned it being up 1500 in no time at all? Tis all annoying and harder to check when using my phones shit 2 bar of 4g.

[Ibian]

Anyone check if the US economy has crashed yet?  

http://www.usdebtclock.org/

Magic 8-ball says "yep".