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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26967518 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
Rosewater Foundation
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December 11, 2017, 05:54:32 AM

Personally, I came from a PM background so had a healthy hatred of that fiat trash already.  I also had recently read Neal Stephenson's Baroque Cycle, a monumental work of historical fiction that deals with the nature of money and cryptrography that I would strongly recommend hodlers to read.  So my response to discovering Bitcoin was more like "OMFG... ... ...an IMPLEMENTATION!!!"

Personal favorite. Short and sweet.
http://www.electricinca.com/56/stephenson/simoleon.pdf

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“We’ve been doing E-money for e-ons, ever since automated-teller machines.” Joe says, with just the right edge of scorn. “Nowadays we can use it to go shopping in the Metaverse. But it’s still in U.S. dollars. Smart people are looking for something better.”
HairyMaclairy
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December 11, 2017, 05:58:47 AM

This is getting hilarious:

http://www.cboe.com/aboutcboe/cboe-system-status


Quote
2/10/2017
[Print]
   9:34 PM CT    CFE    In accordance with CFE Rule 1302(i)(iv), another minimum 5 minute Halt will be enacted if the XBT front month future bid hits the 30% level.

So now they are allowing it to trade up to a 30% before they stop it again. Interesting.

It seems that they only stop the trading to check that nothing fishy is happening before restarting it again right after.

I think it’s so traders have a chance to take a piss.

Volume 2324.  That’s a healthy $37 million for the first day volume.
bitserve
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December 11, 2017, 06:06:41 AM

This is getting hilarious:

http://www.cboe.com/aboutcboe/cboe-system-status


Quote
2/10/2017
[Print]
   9:34 PM CT    CFE    In accordance with CFE Rule 1302(i)(iv), another minimum 5 minute Halt will be enacted if the XBT front month future bid hits the 30% level.

So now they are allowing it to trade up to a 30% before they stop it again. Interesting.

It seems that they only stop the trading to check that nothing fishy is happening before restarting it again right after.

I think it’s so traders have a chance to take a piss.


Wait what? Are you telling me that those traditional traders don't have the mandatory sunnydelight bottle on their trading desks as we all do?
HairyMaclairy
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December 11, 2017, 06:11:29 AM

No.  In a 20% crash they just piss their Saks suits or whatever it is that kids wear these days.
wreck09
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December 11, 2017, 06:14:48 AM


[/quote]
its highly rate to the toll rate of the bitcoin price its sure a high price to any one with a good and aoutstanding bitcoin tracking....
HairyMaclairy
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December 11, 2017, 06:18:56 AM

Welcome back $16,000 Bearstamp.  

Edit:  I have to say media coverage today seems very positive. 
TERA2
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December 11, 2017, 06:22:40 AM

Rosewater Foundation
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December 11, 2017, 06:25:13 AM

mymenace
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Smile


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December 11, 2017, 06:29:48 AM



jojo69
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December 11, 2017, 06:44:29 AM

TO DA MUN!

Rosewater Foundation
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December 11, 2017, 06:46:27 AM

Honey Badger going downtown to meet Carolina. Crazy fuck!
starmman
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December 11, 2017, 06:51:38 AM

This is getting hilarious:

http://www.cboe.com/aboutcboe/cboe-system-status


Quote
2/10/2017
[Print]
   9:34 PM CT    CFE    In accordance with CFE Rule 1302(i)(iv), another minimum 5 minute Halt will be enacted if the XBT front month future bid hits the 30% level.

So now they are allowing it to trade up to a 30% before they stop it again. Interesting.

It seems that they only stop the trading to check that nothing fishy is happening before restarting it again right after.

Sounds pretty bizarre to me - the market will start lagging. Are they closing peoples orders down when they close the market too?
milkshock100
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December 11, 2017, 06:53:08 AM

18k incoming
podyx
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December 11, 2017, 06:54:44 AM

bitserve
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December 11, 2017, 07:00:41 AM

This is getting hilarious:

http://www.cboe.com/aboutcboe/cboe-system-status


Quote
2/10/2017
[Print]
   9:34 PM CT    CFE    In accordance with CFE Rule 1302(i)(iv), another minimum 5 minute Halt will be enacted if the XBT front month future bid hits the 30% level.

So now they are allowing it to trade up to a 30% before they stop it again. Interesting.

It seems that they only stop the trading to check that nothing fishy is happening before restarting it again right after.

Sounds pretty bizarre to me - the market will start lagging. Are they closing peoples orders down when they close the market too?

I don't know, but I don't think they do. In fact we Bitcoiners have already experienced that... I remember when mtgox glitched (or for whatever reason magicaltux felt like) there were times in which the engine was deliberately paused for a while. Most of the time the orders kept standing (mostly because the entire site was inaccesible) but I remember at least one time in which we were allowed to cancel standing orders. I don't remember any time where orders were removed automatically.

They don't stop "the market" they just stop the trading of futures for a little while. So it's not big deal... and its just the futures market anyways.
windjc
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December 11, 2017, 07:29:44 AM

Did you guys watch this?:

https://www.youtube.com/watch?v=KTf5j9LDObk&feature=youtu.be

If not, enjoy.

It might be quite literally the best bitcoin music video ever made. Move over Proudhon.
Rosewater Foundation
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December 11, 2017, 07:39:43 AM

Ok so what's next? We all become Lightning Network hubs or something and retire?
TERA2
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December 11, 2017, 07:45:33 AM



Like it was just yesterday.
bitserve
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December 11, 2017, 07:47:19 AM

Did you guys watch this?:

https://www.youtube.com/watch?v=KTf5j9LDObk&feature=youtu.be

If not, enjoy.

It might be quite literally the best bitcoin music video ever made. Move over Proudhon.

Haha, awesome!

But I still like more the proudhon one: https://www.youtube.com/watch?v=A7TuFy0fcuw

And the "Blame it on Mtgox": https://www.youtube.com/watch?v=K2ku1A5Ox8U

Btw, anyone knows who sings it??


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P.S.: Already claimed, wow that was FAST!
Rosewater Foundation
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December 11, 2017, 07:47:36 AM



Like it was just yesterday.

Innit tho.
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