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

[Coinnosaurus]

CME is live:

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

public execution or moon ? 

[orpington]

CME is live:

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

public execution or moon ? 

neither

[nikauforest]

Fees are too expensive already.

Wow the world has gone completely nuts!

[sirazimuth]

Smoothie, how come you are so fast to answer everywhere? I am starting to wonder if you have hired people or scripted bots to make your replies. You tend to write a new answer faster than I read the new posts in the interesting threads. Respect. Tongue

who the hell is Smoothie?
you didn't quote so no idea what you are on about...

[realr0ach]

Smoothie, how come you are so fast to answer everywhere? I am starting to wonder if you have hired people or scripted bots to make your replies. You tend to write a new answer faster than I read the new posts in the interesting threads. Respect. Tongue

who the hell is Smoothie?
you didn't quote so no idea what you are on about...

Some guy who lives in Hawaii who used to make physical bitcoins and portray them being gold colored and stuff to try and pretend bitcoin has any similarities to real wealth/metals like all bitcoin people do.

[HairyMaclairy]

Fees are too expensive already.

Wow the world has gone completely nuts!

Fox News Troll Bait is Best Troll Bait.

[Rosewater Foundation]

Great way to derail a thread. R0ach could teach a course in it.

[ragnar0k]

Hmm looks like its going to be pretty boring this CME

[Rosewater Foundation]

Hmm looks like its going to be pretty boring this CME

Looks like the short is in. If you ask me.

[ragnar0k]

Hmm looks like its going to be pretty boring this CME

Looks like the short is in. If you ask me.

Yep.. but there's almost no volume

[JayJuanGee]

I suppose you want me to assume that it is miners that are spamming. Why not assume that they are aware of networking effects and that it is to their interest to not spam, but allow as many legitimate transactions as possible? The bcash gang is excluded from this assumption by definition!

It's bleeding obvious it's them.

As soon as it looked like Segwit2X was a go fees went from dollars to near free in a matter of hours. Funny that.

I think this particular time it is conceivable this is pure demand as we're manic, but in the past it was pure spamming to push the big block agenda.

Don't get caught up with the bullshit propaganda.

We still have spamming going on, organic growth does not look like our current situation, so why give benefit of the doubt that spamming has stopped, when you clearly know that spamming was occurring in the past, similar pumping of Bcash and alts motives exist, similar bashing of the functionality of bitcoin exists, and the current pattern of clogging of the network does not really appear to be much different than from those past spamming incidents.

[Rosewater Foundation]

Hmm looks like its going to be pretty boring this CME

Looks like the short is in. If you ask me.

Yep.. but there's almost no volume

More a slow grind, perhaps. We probably deserve it

[realr0ach]

Here's a bit of comedy gold.  First Martin Armstrong was telling everyone to dump gold and silver and they were going to "crash to the abyss" while they were at the rock bottom floor.  Now after he's bought them at the floor he says:

“Our computers are showing that interest rates are going to go up faster than anybody has ever seen in history. . . . You are looking at a doubling of interest rates very, very rapidly. . . . Gold and equities are the place to be.”"

It's probably true, they will try to normalize interest rates but can't service the debt without hyperinflating the debts away, so mass money printing and metals to the moon incoming.  The only problem with his "buy stawks" statement is that metals usually vastly outperform stocks in hyperinflation type scenarios, and whenever a govt's legitimacy is questioned from some type of currency crisis, the stocks always jump off a cliff first before inflating and that money goes to metals...and metals are already right near cost of production anyway.

[Hawkix]

Here we go ..

[DaRude]

We're retargeting up by 18% in about 12hrs https://fork.lol/pow/retarget So frequency of mined blocks will go down by about that much. Meaning mempool and fees are going up short term. This is also the time when BTC is most vulnerable from that vector so if someone would start spaming this would be the time.

tl;dr next 24hrs are critical

[Rosewater Foundation]

Are we all poors again?

[realr0ach]

Here we go ..

Looks like a nice combination of head and shoulders + buy the rumor sells the news event for CME opening.  Then there's the whole nobody wanting to risk being screwed by CME manipulation thing.

[JayJuanGee]

The crowd wins again. The $18,000-$20,000 price range was the #1 most picked choice in the poll.
Now being reset.

Hey in the new poll, my preferred choice of $22,000 to $24,000 is missing, so I had to pick the closest option, which was a little bit off of my preferred choice - who knows in bitcoinlandia, anyhow, we are merely guestimating, right?

The crowd wins again. The $18,000-$20,000 price range was the #1 most picked choice in the poll.
Now being reset.

Thanks for updating the poll.

The range $22,000-$24,000 is missing... And it's the one I want to pick! Can you please add it?

EXACTAMENTE!!!!!!

You said it first.     

[arklan]

Smoothie, how come you are so fast to answer everywhere? I am starting to wonder if you have hired people or scripted bots to make your replies. You tend to write a new answer faster than I read the new posts in the interesting threads. Respect. Tongue

who the hell is Smoothie?
you didn't quote so no idea what you are on about...

If memory serves, which is 50/50 at best, smoothie used to be a poster here, frequently. I'm pretty sure that tongue was as well, and this guy is just reposting a very old post.

[TERA2]

What did you expect. Everyone was waiting on the futures launch but we already know from the last futures launch that there is no volume.