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

[nathalie20]

wow what a crash this night...is this normal??

I think you're a noob and you're new it's normal for bitcoin and it's not crash

[DaRude]

I'm still waiting on my gox withdrawal. That chart brings back bad memories. 

i'm waiting on Midas to go online and put an end to all of this lag and thats when they'll list LTC too!!! Hear that they already got the LTC API ticker up 

[bitserve]

This is a crash:

I had never seen anything like it.  Probably a good thing everything was jammed up and all you could do was watch

I traded it on btce, using gox as a lead. btce always worked flawlessly. It was extremely profitable.

Want to know something funny? Besides a couple BTC I had bought some time before via localbitcoins, my first bank transfer to Bitstamp delayed more than a week and arrived when the price was already over 200+. I bought anyways. I franctically traded the crash traying to "arbitrage" between bitstamp and mtgox and reduce my average price... without NOT really knowing what I was doing. It was horrible but at the same time somewhat incredibly exciting.

What a horrible day/night I "chose" for my first day in trading Bitcoin lol

After that shit... everything onwards has been a piece of cake

[ghandi]

This is a crash:

That was the spirit back in the days

[hazukison]

Can someone tell me anything about UK tax on withdrawals? I just took out 20k give or take do I need to fill out a self assessment form? The first googling I've read so far is this https://www.gov.uk/government/publications/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies which says it isn't taxed? But it is an older document and I'm sure I've seen people mention it needs to be?

As far as I'm aware the usual capital gains taxes need to be paid.

Okie doke thanks. Gonna nip upto the bank and see if I can get a form before it lands.

[sgk]

This is a crash:

Real OGs who made those green candles between the red ones!

[bitserve]

This is a crash:

Real OGs who made those green candles between the red ones!

They were probably the same ones making the red candles after a good flash profit

[Phil_S]

'Once the "Bitcoin bubble" grows large enough it will not pop. It will become the atmosphere.'
https://twitter.com/francispouliot_/status/941806095193972736

Nice!

[bitcoinvest]

'Once the "Bitcoin bubble" grows large enough it will not pop. It will become the atmosphere.'
https://twitter.com/francispouliot_/status/941806095193972736

Nice!

+1, that is a good one!

[Meuh6879]

December is epic : less than 15 days = 2x the value.

[Rosewater Foundation]

'Once the "Bitcoin bubble" grows large enough it will not pop. It will become the atmosphere.'
https://twitter.com/francispouliot_/status/941806095193972736

Nice!

+1, that is a good one!

Lots of salt in the comments. This is why I refuse to discuss it with normal people.

[Torque]

https://www.forbes.com/sites/rogeraitken/2017/12/17/trust-in-stockmarket-greater-than-bitcoin-but-not-by-much-survey/

Both stocks and bitcoin are nothing more than crowd sourced pump and dumps so the degree of trust is entirely determined by personal investment.  If anything, that article is kind of a warning sign that much of the retail investor is already in on bitcoin leaving not as many greater fools to buy higher.

Actually you are dead wrong. The stock market and the Bitcoin market are nothing alike. Equities are designed, structured and launched to enrich only the 1% on day 0. The Bitcoin market is the closest that mankind has had to a "free market" in hundreds of years.

You need to do some research before you speak..

[Ludwig Von]

https://www.forbes.com/sites/rogeraitken/2017/12/17/trust-in-stockmarket-greater-than-bitcoin-but-not-by-much-survey/

Both stocks and bitcoin are nothing more than crowd sourced pump and dumps so the degree of trust is entirely determined by personal investment.  If anything, that article is kind of a warning sign that much of the retail investor is already in on bitcoin leaving not as many greater fools to buy higher.

Actually you are dead wrong. The stock market and the Bitcoin market are nothing alike. Equities are designed, structured and launched to enrich only the 1% on day 0. The Bitcoin market is the closest that mankind has had to a "free market" in hundreds of years.

You need to do some research before you speak..

As usual, real world will sit somewhere in the middle. And doing research only to have your own convictions and beliefs confirmed is not really research, what I suspect Roach being good at... .

[toplancer_team]

Volume around $50 was insane. The resistance at this price will now be over 9000, or something.

 


I think bitcoin/USD price will touch at $25500 and come back to 23000 and again it will start it journey toward up now hanging around at $19600

[explorer]

Volume around $50 was insane. The resistance at this price will now be over 9000, or something.

 


I think bitcoin/USD price will touch at $25500 and come back to 23000 and again it will start it journey toward up now hanging around at $19600

 A 10% pull back?  Clearly that will never happen.  Outrageous.  Preposterous.  Unfathomable, and down right improbable.  Bitcoin will sail smoothly upward, forever.

[Arriemoller]

Well, it's finally here. This is is truly the beginning of the end. And I'm serious. Wall street will put this thing out of its misery once and for all. We'll see 10k before the end of the year for sure. 2018 will be a horror show back below 1k. 2019 will be the year the world tries to figure out just what the hell happened. 2020 the world moves on and bitcoin becomes a memory.

Quoting for reference.

I can actually see 10k happening, but it would be a flash crash before a cash grab back up.

So...bullish?

[Elwar]

My friends be like:

[Torque]

My friends be like:

The sheeple will be sheeple. They never research and pull the trigger on a great opportunity. Then they want to bemoan their lack of initiative afterward.

Even smart people like my father who is a brilliant CPA had opportunities in the 70's to buy BRK/A, in the 80's to buy Microsoft or Apple, and in the 90's to buy Amazon or Google. But he never did, and now he just says "I wish I had bought [this or that]..." He didn't even look at Netflix before it became a thing.

Moral of the story: Don't be the 99.99% who are always looking in the rearview at missed opportunities.

[bitserve]

My friends be like:

The sheeple will be sheeple. They never research and pull the trigger on a great opportunity. Then they want to bemoan their lack of initiative afterward.

Even smart people like my father who is a brilliant CPA had opportunities in the 70's to buy BRK/A, in the 80's to buy Microsoft or Apple, and in the 90's to buy Amazon or Google. But he never did, and now he just says "I wish I had bought [this or that]..." He didn't even look at Netflix before it became a thing.

Moral of the story: Don't be the 99.99% who are always looking in the rearview at missed opportunities.

For some reason people remember things they should have done but didn't.... while at the same time tend to forget a lot other things they didn't do (and shouldn't). Memory is selective it seems. Things are just how they are, all the rest is bullshit.

People doesn't realize how far they really were to ACTUALLY doing something... just for thinking about doing it.

Probably there is like 20 or 30% percent of the population that sometime thought about buying Bitcoin, yet only much less than 1% really did.

[Searing]

My friends be like:

The sheeple will be sheeple. They never research and pull the trigger on a great opportunity. Then they want to bemoan their lack of initiative afterward.

Even smart people like my father who is a brilliant CPA had opportunities in the 70's to buy BRK/A, in the 80's to buy Microsoft or Apple, and in the 90's to buy Amazon or Google. But he never did, and now he just says "I wish I had bought [this or that]..." He didn't even look at Netflix before it became a thing.

Moral of the story: Don't be the 99.99% who are always looking in the rearview at missed opportunities.

For some reason people remember things they should have done but didn't.... while at the same time tend to forget a lot other things they didn't do (and shouldn't). Memory is selective it seems. Things are just how they are, all the rest is bullshit.

I try to keep things in check..and have done worse things with BTC this year..but the one that stands out as an OUCH!

Is the 1.01 BTC I paid when BTC was worth about $1,150 bucks...thus I paid at $18,920.73 btc now $19,109.94 to pour cement in an old
cistern in my basement to level the floor up....for a workshop there....again OUCH!

I did worse, last year...but reminded every time I sweep the workshop floor. Ack!