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

[Speculatoross]

Buy the dips folks!

Betting last one before 2018 rally begins

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[Paashaas]

I saw this on Twitter that 2 Chinese guys willing to punch scammer Roger Ver in his face during the CoinGeek conference

Imo, i would love to see Roger getting smacked he deserves one right now.

http://onepunchforver.com/

[Paashaas]

Dutch exchange BL3P removed BCash from their list 

[Rosewater Foundation]

Buy the dips folks!

Betting last one before 2018 rally begins

Oh really.

[Rosewater Foundation]

Bcash down 13%. PeterR and jbreher also noticeably absent. Where's your god now?

[Lontonbit]

This is the first time in 6 months of down trend that I’m getting tired of this market.

[jbreher]

Bcash down 13%. PeterR and jbreher also noticeably absent. Where's your god now?

Still here.

7 Day stats: BCH down a little less than 5%. Unfortunately. BTC down a little more than 10%.

Actually, in the last 24 hours, I've bought dozens of BCHs and a handful of BTCs. Another benefit of my trading strategy is that it naturally accumulates when price goes down, and monetizes when price goes up. It takes a little of the sting out of down markets.

Of course from an emotional standpoint, I'd like to see nothing but up, up, up. But it is in the volatility that I make the corn.

[jbreher]

OK, that's it. Jimbo doesn't get to go to Mexico any more.

[infofront]

Choose your flavor of FUD for the day:

[SonaraBeta]

https://ip.bitcointalk.org/?u=https%3A%2F%2Fforklog.com%2Fwp-content%2Fuploads%2FMW-GI720_btc_co_20180508083302_NS-e1525855605931.png&t=588&c=5NKZN3Fgkl6O2A
Here is the Consensus data for the past few years, maybe we will reach 12-15K after it!?

[infofront]

https://ip.bitcointalk.org/?u=https%3A%2F%2Fforklog.com%2Fwp-content%2Fuploads%2FMW-GI720_btc_co_20180508083302_NS-e1525855605931.png&t=588&c=5NKZN3Fgkl6O2A
Here is the Consensus data for the past few years, maybe we will reach 12-15K after it!?

Maybe. It looks like we're also following the pre-Consensus slump.

[Torque]

Bcash down 13%. PeterR and jbreher also noticeably absent. Where's your god now?

All shitcoins down major double digits. Bitcoin barely sneezed.

When are shitcoiners gonna learn? Dem shitcoins ain't going nowhere but doooown.

[LFC_Bitcoin]

I have no doubt that the market is currently being manipulated before another epic summer pump. It’s too easy for all the big players to manipulate this (still) young/new/immature market.
FUD comes out & pathetic noobs & weak hands panic sell, whales gobble up cheap coins. Rinse & repeat.

My advice is simply HODL, I’ve been here for years & seen multiple epic rises followed by the inevitable catastrophic dumps. Again rinse & repeat.

HODL until after the next halving (at least). I predict we’ll see north of $40,000 per bitcoin by mid 2021. How much of a moron are people going to feel if they sold a load of coins ‘because the Gox coins moved’.

FFS strap a pair of balls on & wait it out.

In the words of JJG ‘get outta here with your weak hands & gutless noob sell offs’

[jojo69]

OK, that's it. Jimbo doesn't get to go to Mexico any more.

god dammed right

I nominate the mayor to go have a little talk with him in person when he gets back.

[B1tUnl0ck3r]

the elon muskit virus is spreading !!!

Hey everyone, I recently did this video (https://www.youtube.com/watch?v=oPdnG03eI58) showing some of the recent Deception and Misdirection that the ZCash team has pushed on us all over the last 1.5 years and ofcoarse more recently over the last week with the announcement of the Z9.

....

another shit coin exposed, Zcash aka ZEC... and this one has still a billion dollar market valuation... what a shame, and when the centralized owner encountered some arguements, what did he do? he did a elon musk, and censored the great user whose post you can read in the quote. I hope the market will not support such trash... where to short it? there is an easy divided by 100 here... from 1 billion to 10 millions (which is way too much already for such a scam)... OPM really don't care...

and don't forget to hodl you profit in btc .  

who took some off the tables? $936m... can go below the million now ...

and who will be left holding the bag? I hope it is zooko ... 

[ssmc2]

https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.html


As of May 6, Fundstrat estimates the cash break-even price for the older Antminer S7 model is $6,003 per bitcoin, and $2,368 for the newer Antminer S9. Both are made by Beijing-based Bitmain, which Bernstein analysts estimate had $3 billion to $4 billion in operating profits last year.

"The release of the next generation of rig hardware should trigger a new round of capex as well as hash power growth, which could accelerate if BTC price appreciates," Doctor said.

[Raja_MBZ]

It's time we start posting it again.

[B1tUnl0ck3r]

https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.html


As of May 6, Fundstrat estimates the cash break-even price for the older Antminer S7 model is $6,003 per bitcoin, and $2,368 for the newer Antminer S9. Both are made by Beijing-based Bitmain, which Bernstein analysts estimate had $3 billion to $4 billion in operating profits last year.

"The release of the next generation of rig hardware should trigger a new round of capex as well as hash power growth, which could accelerate if BTC price appreciates," Doctor said.

yeah yeah, they can prop up a little zec until they launch their z9... and then once they start to flood it... it's gone , there is way to fix them there and let them hold this bag... would be nice .

[ssmc2]

<future prediction article>

Getting real tired of seeing this kinda shit.

How about we find stability at $10k first, for the love of FSM.

Flying Spaghetti Monster?

[Agapios]

Help me with your thoughts on bitcoin futures.

In February I started to think if they are bad for bitcoin (because bitcoin remain bearish since introduction of futures).
Now i think they are bad, but probably not on extremely long turn. On extremely long term they are probably good (in years 2019, 2020)

But on short term (this year) i think bitcoin futures are bad. Why bad?
Because all the sudden people with a lot more money then those in crpyto can draw and earn money with hedging and drawing money from "little people with less experience". They wont take money from true hodlers who just hold, but bitcoin need new people in order to go up and up and crazy up, and experienced hedging companies could for quite some time draw price down and they have more knowledge whats and how much is needed to cause spikes down with help of futures.

Can someone help me dig out how much money is now in futures?
http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_quotes_globex.html
For may its i think 3000 contacts? now i wonder how much money is in that

If 1 contract 100 bitcoins? 900k USD? and there was  i think today 3000 buy/sell (or with other words 3000 combined going long + going short)
So 3000 times 900k usd = 2,7 billion USD in one day

Am i gettting this right ? i think not

I didnt get any repond so kindly if someone can answer me this please I would also add I am assuming (perhaps I am wrong?) bitcoin futures are direclty tied to bitcoin. So I am under assumtion if someone opens large volume of shorts for bitcoin futures, they go down, or if someone opens large volume of longs they go up ?