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

[realr0ach]

Where Will This new week bring us too.....

[bones261]

Where Will This new week bring us too.....

The price will oscillate during the week, then end at $8200, exactly where it started from.

Will I be having a deja vu experience of most of 2015? I really didn't have any skin in this game for most of 2014, so I can't say that I have had the full bear market experience. So far, this steady decline since December really sucks. I can't imagine going through months and months of declines, constantly having to get used to lower and lower ranges.

[gentlemand]

I don't know but... if its true then the total 17 000 000 btc in circulation is ~0.07% shorter. Heh, more deflation. Bullish.

Nah. If it's real there'll be an auction and thousands of pinheads here will scream 'OHMIGOD dey gon' dump everyfink on YOBIT and make de price NUFFIN' despite the numerous examples of sold coins never being heard from again.

I don't really want to see another thousand worthless threads on that subject. We'll get them anyway.

[explorer]

https://bitcoinist.com/infraud-kingpin-arrested-100000-bitcoins-seized-thai-police/

100000 BTC? Fake news anyone?

I am not believing that number. I guess instead of getting pictures next to huge piles of drugs and money they can just say "we found 20 million bitcoins on his computer".

Yup, it doesn't make sense for soooo many reasons:

1- Even if that amount were total revenue is still a lot for that marketplace nowadays

2- Much less if it is profit, as it should be in order to be stashed and sizeable

3- Even if it were (well, it isn't) it is VERY improbable that someone "owning" that amount would have not stopped and run long ago. Because, 1) if your dark market is so huge you know it will be taken down very soon 2) Being able to cash out that much is basically impossible if you can't prove a legit origin... so why risk trying to make more?

4- If all the previous is not enough.... He would have take precautions to split and secure his stash in different ways as to making basically impossible to seize it all, or even a major part of it. So... should be assume his holdings/profits were even higher that 100,000BTC?

Yeah, complete bullshit... I don't even think we are talking here about 10,000BTC seized.... but, at least, that would have been a somewhat reasonable figure. Most probably they sized almost NIL and that is just an "estimation" of what could be "inside" the seized equipment of the evil kingping.

It was BCash! 

[bitserve]

Where Will This new week bring us too.....

The price will oscillate during the week, then end at $8200, exactly where it started from.

Will I be having a deja vu experience of most of 2015? I really didn't have any skin in this game for most of 2014, so I can't say that I have had the full bear market experience. So far, this steady decline since December really sucks. I can't imagine going through months and months of declines, constantly having to get used to lower and lower ranges.

My way of coping with it was just leaving, almost forgetting about Bitcoin and coming back when I saw the appropriate signal (the pump to $500). Of course I hodled the entire time.

One big difference is at that time Bitcoin's survival was not as much clear as it is now. The future prospects are way better.

[FartBuddy]

Where Will This new week bring us too.....

The price will oscillate during the week, then end at $8200, exactly where it started from.

Will I be having a deja vu experience of most of 2015? I really didn't have any skin in this game for most of 2014, so I can't say that I have had the full bear market experience. So far, this steady decline since December really sucks. I can't imagine going through months and months of declines, constantly having to get used to lower and lower ranges.

There are probably too many noobs entering the market for that to happen this year. All the exchanges are swamped and have year long waiting lists to answer a ticket. There's five thousand new token ICOs a day being announced.

I expect a bear market when exchanges immediately answer tickets and there's no new token ICOs being announced at all.

[HairyMaclairy]

Bounce: https://youtu.be/sPzpYgEW-rE

[FartBuddy]

I don't know but... if its true then the total 17 000 000 btc in circulation is ~0.07% shorter. Heh, more deflation. Bullish.

Nah. If it's real there'll be an auction and thousands of pinheads here will scream 'OHMIGOD dey gon' dump everyfink on YOBIT and make de price NUFFIN' despite the numerous examples of sold coins never being heard from again.

I don't really want to see another thousand worthless threads on that subject. We'll get them anyway.

Before the first Silk Road coin auction I believed those threads. By the last auction I was immune to their FUD.

[El duderino_]

Bounce: https://youtu.be/sPzpYgEW-rE

And there is a bounce more of This asap

[El duderino_]

Where Will This new week bring us too.....

You Just love This forum and hanging around here .... writing most of all, Why don’t let youre pride away sell Some off those metals and buy a few of those wondercoins “BTC” youre far from too late my man..... later on it Will be also possible for you too post Some Train and Rocket pic’s as comparisons of the higher percentages of crypto against metals and So on......

[moneyForjam]

8440..IMO this weeks ATH

[Neo_Coin]

[Elwar]

https://bitcoinist.com/infraud-kingpin-arrested-100000-bitcoins-seized-thai-police/

100000 BTC? Fake news anyone?

I am not believing that number. I guess instead of getting pictures next to huge piles of drugs and money they can just say "we found 20 million bitcoins on his computer".

Yup, it doesn't make sense for soooo many reasons:

1- Even if that amount were total revenue is still a lot for that marketplace nowadays

2- Much less if it is profit, as it should be in order to be stashed and sizeable

3- Even if it were (well, it isn't) it is VERY improbable that someone "owning" that amount would have not stopped and run long ago. Because, 1) if your dark market is so huge you know it will be taken down very soon 2) Being able to cash out that much is basically impossible if you can't prove a legit origin... so why risk trying to make more?

4- If all the previous is not enough.... He would have take precautions to split and secure his stash in different ways as to making basically impossible to seize it all, or even a major part of it. So... should be assume his holdings/profits were even higher that 100,000BTC?

Yeah, complete bullshit... I don't even think we are talking here about 10,000BTC seized.... but, at least, that would have been a somewhat reasonable figure. Most probably they sized almost NIL and that is just an "estimation" of what could be "inside" the seized equipment of the evil kingping.

It was BCash! 

Knowing Thailand I would not be surprised if it was all BCC.

[Deeyoh]

8440..IMO this weeks ATH

Your already wrong. LOL Of course.

[moneyForjam]

8440..IMO this weeks ATH

wrong

[bitserve]

We need more bears to feed the pump

[bones261]

8440..IMO this weeks ATH

You're already wrong. LOL Of course.

Well, a bear can dream. If this market plummets from 8K to 2K, putting 1 BTC at risk would make a 600,000 USD profit with 100x leverage at Bitmex. On OKex, it would make a 125,000 USD profit at 20x leverage. And Finex or Kraken it would make a cool 24000 USD at 4x leverage.

8440..IMO this weeks ATH

wrong

Don't fret. It's still early Monday morning in Europe. Most are sleeping, and the wires are not available yet.

https://www.youtube.com/watch?v=vK2u4y7J58I

[HairyMaclairy]

Futures close tomorrow. NFI if it’s going up or down but I’m expecting a lot.  BFX margin loans indicate upwards.

[bones261]

Well fancy that, one of my asks got triggered. Time to set a new bid. Wish I knew how to set up a script for this. It's a rather simple strategy, really.

[moneyForjam]

Im still bearish till a daily can close above 9100