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

[serveria.com]

According to Masterluc now it's at least two weeks sideways then moon. 

[TERA2]

According to Masterluc now it's at least two weeks sideways then moon.  

2 weeks? If it is to follow the previous trend, then it must rocket out of here right away.

[UnDerDoG81]

Clearly a trap to me.

[OWZ1337]

Clearly a trap to me.

 

#trappin'

[rafanadal]

Clearly a trap to me.

yup

[HairyMaclairy]

http://finance.weissratings.com/crypto/

What do we make of this?

I’ve never heard of Weiss.

[Elix9]

Clearly a trap to me.

yup

Good to use caution

[Arriemoller]

Do you have a link to that interview? I feel like committing sudoku by laughter while I'm still at it from the CNBC article.

Think you mean seppuku; sudoku is a number puzzle.

Nope, I meant sudoku. It comes from the Japanese word 須独 which roughly means "necessarily poison" (to death).

Just bsing sorry

According to Google translate it means female, but I guess it's kind of synonymous.

[TERA2]

Trezor on the floor pistol on the couch
Hood rich so I never had a bank account
Coins going in coins going out
Made a hundred thou, In my Trap House

[PoolMinor]

Pucker up, get rich quickers.

Dear Sir, could  you tell me which site is this screenshoot taken?
Regards

http://cryptomaps.org/

[jbreher]

About 40 percent of bitcoin is held by perhaps 1,000 users

Got any data to go with your wild assertion?

Not that I think you're _wrong_, mind you. I just think you're spouting nonsense. I bet you never questioned where you heard that 'statistic'. amirite?

Well, if the pareto principle applies to bitcoin holdings, then the square root of bitcoin users hold half the coins. And the square root of those people hold half of their coins. Go from there.

Umm.. That's not data.

Yes it is. It applies to every area of human productivity that we have examined so far. It's less a matter of proving it than of disproving it at this point.

OK, seeing as you are barging in here with yet another assertion, how many bitcoiners are there?

[Bloomie]

Clearly a trap to me.

yup

Good to use caution

Good to cost average if it's still going down a bit. Buy a little bit at a time instead of all in.

[adaseb]

Compared to other threads on bitcointalk, reddit, twitter, facebook.

It seems everybody in this thread is chill and hodling.

Guess being an old adopter comes with its perks.

[xhomerx10]

Trezor on the floor pistol on the couch
Hood rich so I never had a bank account
Coins going in coins going out
Made a hundred thou, In my Trap House

 What's this?  Gangsta crypto?

[OWZ1337]

Compared to other threads on bitcointalk, reddit, twitter, facebook.

It seems everybody in this thread is chill and hodling.

Guess being an old adopter comes with its perks.

n00bs get rekt :-D >_>keep calm and disrupt everything~BTCBTC

[JayJuanGee]

This crash, er correction, er whatever it is really sets things up well for the rest of the year.

So many newbs, naysayers, and casual mom and pops out there who have been thinking about dipping a toe into Bitcoin definitely won't now. They'll have a laugh now and it will fade, and they will completely put Bitcoin out of their mind.

And then they will again be shocked when it takes off to the moon again later on this year or next. I almost feel bad for the people who just can't seem to win because they believe they are smarter than everyone else already involved.

Yep... that theme is just way too common, out there.    In the past couple of weeks, I was talking with my sister about bitcoin, and she and her husband have been kind of naysayers for the past 3 years or so.  They also have plenty of money, so they are not really lacking in the money department.  Anyhow, they had bought half of a bitcoin in the $3k to $4k price range, and then she was talking about buying another half a bitcoin "when the price goes below $10k;"  however, as the price was approaching $10k, on two occasions in the past week, I texted back and forth with my sister, and she said that they were "having reservations," because they did not have confidence that it would be a good time to buy under current market conditions.  I attempted to explain that buying on dips and buying on the way down was a good strategy, even if the price continues to go down, but they are smarter than me, apparently.  They were also smarter than me at $400 too when I was discussing various possible dollar cost average buying strategies that would have likely allowed them to buy way more bitcoin than the half of a bitcoin that they ended up getting in the $3500 territory and their contemplation of a supposed hypothetical additional half of a bitcoin below $10k (that they are so reluctant to pull such trigger and seem a bit beyond help because they seem to think that either they are more wise or the mainstream media pundits that they follow are more wise). 

[TERA2]

TUG OF CANDLE WAR 6 MINUTES

Bitfinex closed green, bitstamp closed red

[Arriemoller]

dont celebrate just yet
we are not out of the danger zone

we should be ok at 13k

Umm...oops.

Does anyone know how to put corks back in champagne bottles?

https://www.ebay.com/itm/Stainless-Steel-Champagne-Vacuum-Sealed-Sparkling-Wine-Bottle-Stopper-Cap/282776966300?epid=5010223098&hash=item41d6d2149c:g:angAAOSwy~BaNzs1

[Last of the V8s]

was a bit wrong on futures volumes
https://gemini.com/blog/successful-first-settlement-of-bitcoin-futures/
...Since inception, over 124,000 contracts have traded across expiries, representing a notional value of over $1.5bn USD.
so guess those guys brought up real btc perhaps on otc to cover themselves? hence the nov/dec runup

[degxtra1]

Dear Sir, could  you tell me which site is this screenshoot taken?
Regards

http://cryptomaps.org/

thanks