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

[DougTanner]

Big volume buys.

[strawbs]

I just watched that 155 wall get completely eaten by a market order, almost pushing through to 156....

[Kj1]

curious about the 2K wall at bitstamp @ 140

[01BTC10]

bitcoin is shooting for the stars again?

Now it's the time to write 180® next friday™

[bobdude17]

Anybody want some more good news? Cool.

Cuz bitcoin atms are coming to South America : http://www.prlog.org/12226215-bitcoin-atm-landing-in-uruguay.html

 

[rpietila]

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

There is some kind of skill involved, which I don't have.

Investing 3% of my cryptostash to alts, would in my case most probably lead to same returns but diminished control. Even if it goes up 10 times relative to btc, it will just increase my total wealth to 0.03*10+0.97 = 1.27 (+27%). This is almost insignificant. So in a sense, I think your gain was small

I prefer to keep things simple. That is why I bought bitcoins only after the 2011 bubble, giving it ample time to turn out being a hoax. Granted I paid 10x more than some, but also made the groundwork for successful long-term holding.

27% of your overall investment is not insignificant no matter which way you look at it, especially when you would be risking only 3%.

There is currently no good reason why an altcoin would perform so well. Keeping track of all of them is also too time-consuming.

Ltc at 5 cents was a good buy. Btc can fork and kill it self. To use crypto ltc is the best option.

2 dollars id buy some but nothing crazy. But yeah. Too many alts. Im only xpm and massive ltc still.

But im still a huge btc bull. I just love all good crypto.

Even if you bought LTC at the absolute low of 0.0025, you have barely made 6x your investment, I checked it has been around 0.015. Considering that 90% of altcoins have reverted to zero, purchasing every one of them with equal amounts, would have yielded a loss of -40%. Not to mention the time it takes to play with them, and the illiquidity and some legal concerns.

Don't get me wrong, everybody is free to do what they want but most choose to spend their time on activities that do not maximize profit. (One thing that I completely don't understand is why any noob would go into mining now).

BTC is so big it won't die because of a fork. But you are right that LTC is the silver currency at present. Perhaps I should buy some. Do you have any idea when it reaches bottom?

[rpietila]

Anybody want some more good news? Cool.

Cuz bitcoin atms are coming to South America : http://www.prlog.org/12226215-bitcoin-atm-landing-in-uruguay.html

 

We will have 5 of them in Finland next month. The first will be in a premier location in the heart of the capital city.

[bobdude17]

Anybody want some more good news? Cool.

Cuz bitcoin atms are coming to South America : http://www.prlog.org/12226215-bitcoin-atm-landing-in-uruguay.html

 

We will have 5 of them in Finland next month. The first will be in a premier location in the heart of the capital city.

This day just keeps getting better!

[samson]

Anybody want some more good news? Cool.

Cuz bitcoin atms are coming to South America : http://www.prlog.org/12226215-bitcoin-atm-landing-in-uruguay.html

  

We will have 5 of them in Finland next month. The first will be in a premier location in the heart of the capital city.

These are interesting devices but I can't help feeling at least a few of them will be stolen for the money inside them as they're not very big and probably don't weigh enough to prevent people picking them up and running off with them.

[hd060053]

only bullish news now. nothings holds bitcoin back to reach > 160 in the next 24 hours. The volume today wasn't even high and it broke 153 and 156 without a problem. We just need 1 big buy ( > 4k) and 160 will be broken.

[derpinheimer]

Anybody want some more good news? Cool.

Cuz bitcoin atms are coming to South America : http://www.prlog.org/12226215-bitcoin-atm-landing-in-uruguay.html

  

We will have 5 of them in Finland next month. The first will be in a premier location in the heart of the capital city.

These are interesting devices but I can't help feeling at least a few of them will be stolen for the money inside them as they're not very big and probably don't weigh enough to prevent people picking them up and running off with them.

 that seems irrational. They could just fill it with weights if that was a serious issue.

However a BTC atm seems totally pointless to me.


If 165 falls, the rally just stop or full on bubble commences. Pickexit points now fellow btc traders

[bobdude17]

Anybody want some more good news? Cool.

Cuz bitcoin atms are coming to South America : http://www.prlog.org/12226215-bitcoin-atm-landing-in-uruguay.html

  

We will have 5 of them in Finland next month. The first will be in a premier location in the heart of the capital city.

These are interesting devices but I can't help feeling at least a few of them will be stolen for the money inside them as they're not very big and probably don't weigh enough to prevent people picking them up and running off with them.

They are indoor and wall bolted.
It's interesting that that's the biggest detail you pulled from that.

Not that they are are international money transfer certified and will be and have partners placing them in 7 countries?

[samson]

that seems irrational. They could just fill it with weights if that was a serious issue.

It's too small - even if all the spare space inside it is filled with some kind of solid metal it still looks like it would be easy enough to pick it up and run off with it.

[samson]

Anybody want some more good news? Cool.

Cuz bitcoin atms are coming to South America : http://www.prlog.org/12226215-bitcoin-atm-landing-in-uruguay.html

  

We will have 5 of them in Finland next month. The first will be in a premier location in the heart of the capital city.

These are interesting devices but I can't help feeling at least a few of them will be stolen for the money inside them as they're not very big and probably don't weigh enough to prevent people picking them up and running off with them.

They are indoor and wall bolted.
It's interesting that that's the biggest detail you pulled from that.

Not that they are are international money transfer certified and will be and have partners placing them in 7 countries?

Don't get me wrong I think they're great devices, it's a good thing they will be bolted down.

[molecular]

i'm buying feathercoins  

!!!?!!!!??!??!!!!??!?!??!!!!!

Having a small amount in a few alts is not that bad. I hold a bit of xpm just cuz cpu coin. Like ltc is my gpu coin.

No interest in feathercoin for me however.

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

[thezerg]

Anybody want some more good news? Cool.

Cuz bitcoin atms are coming to South America : http://www.prlog.org/12226215-bitcoin-atm-landing-in-uruguay.html

  

We will have 5 of them in Finland next month. The first will be in a premier location in the heart of the capital city.

These are interesting devices but I can't help feeling at least a few of them will be stolen for the money inside them as they're not very big and probably don't weigh enough to prevent people picking them up and running off with them.

 that seems irrational. They could just fill it with weights if that was a serious issue.

However a BTC atm seems totally pointless to me.


If 165 falls, the rally just stop or full on bubble commences. Pickexit points now fellow btc traders

Can you read?  EVERY and I mean EVERY intro to bitcoin article mentions that they are hard to actually buy...

Intl airports would be a good place for these if the exchange fees could be lower than fiat-fiat exchange rates...

[Walsoraj]

Non-replenishing ask sum is not sustainable.

[rezurect]

Why are the alts crashing when BTC is rallying?

[DougTanner]

I just noticed, only 20,000 BTC to $200 

[Walsoraj]

Why are the alts crashing when BTC is rallying?

Another warning sign of impending crash.