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

[toknormal]

Deutsche Bank manoeuvring gently into the 6 Euro arena.

[Deeyoh]

Wonder how high we going to go?  Shorts did lower a bit.

[toknormal]

Strange, did GDAX run out of BTC?  Sell side only showing 150BTC to over 7k USD.   Maybe it's the coinbase inside traders that have been dumping and now caught low on ammo.

Clearly, regardless of price, as time goes on more and more BTC goes out of circulation.

Eventually there will be no BTC left. Only bid side in (unlimited supply) USD. Divide by zero error means price will be infinity.

You will be able to buy the whole universe with just one BTC.

[Kylapoiss]

4   Bitcoin Cash Bitcoin Cash   $3,225,402,052   $184.09   $955,578,665   17,520,950 BCH   48.80%    sparkline

$184 already? Wtf.

[goldkingcoiner]

we are about to pumperino

When exactly so i can open a 81X long

And carrie the pants of being the most crazy f*** in here

I am not crazy, only crazy lucky and crazy drunk. Do as I say not as I do.

[Deeyoh]

Way back when, I noticed the alts would pump first then BTC would follow.  When BTC would start to slow down, the alts would get sold off to boost BTC's price up.   Wonder what game is afoot on this one.

[lightfoot]

Choo?

[Kylapoiss]

Way back when, I noticed the alts would pump first then BTC would follow.  When BTC would start to slow down, the alts would get sold off to boost BTC's price up.   Wonder what game is afoot on this one.

I'm pretty sure that alts have at least one major run ahead of them. For example if BTC rises 7% atm, most of the "better" alts go up around 20%. So if we would have another serious BTC bullrun, money to be made with alts would be many times that rise. Not that I'm advertising or anything, that's what just the graphs are telling (me). I think BTC dominance will fall down as low as 25% on the next bullrun. Just time it right to swap the shit against BTC and you will be doin' just fine.

[CheapYoutubeHits]

Breaking news:

Trump is gonna use bitcoin to fund the wall,

[Kylapoiss]

Breaking news:

Trump is gonna use bitcoin to fund the wall,

https://arstechnica.com/tech-policy/2018/12/ohio-congressman-we-can-fund-border-wall-with-wallcoin/

[bitserve]

Breaking news:

Trump is gonna use bitcoin to fund the wall,

THat's excellent news! We could certainly use some funding.

[BTCMILLIONAIRE]

I'm going to watch Bad Santa. It's the perfect Christmas movie and probably my favorite.

Get bitcoin over 4k for fuck's sake. Needs to get back to 6502 so we can bitch about how nothing happens.

I fucking hate how this shit keeps snailing sideways in a [0,20000] channel.

[Paashaas]

Deutsche Bank manoeuvring gently into the 6 Euro arena.

They will merge it with another german bank. They will not let DB go bankrupt.

Nothing has chanched since the 2008 crisis.

[BTCMILLIONAIRE]

If there's zero friction to transfer it, it's because no actual value was transferred in the first place.  You can't email a house, a bar of silver or gold, a drumstick, or anything that has any real type of value at all.

You are factually wrong.

You can email the construction manual for a successful trading algorithm, any sort of machinery, or any other type of intellectual property that can and often is much more valuable than any of your examples.

The friction exists in the security of the transfer itself and is paid for by miners in the form of electricity, hardware, rent, risk of default, etc. and those who buy their coins and pay transaction fees.


Another example that offsets your nonsensical argument is saffron, or drugs. Tiny amounts can be transported across the globe with great ease. Yet they are vastly more valuable than gold per unit of weight.

[kenzawak]

Some Bitcoin gift ideas for Christmas :

https://coindoo.com/christmas-2018-best-bitcoin-gifts-to-give-this-year/

[Paashaas]

4   Bitcoin Cash Bitcoin Cash   $3,225,402,052   $184.09   $955,578,665   17,520,950 BCH   48.80%    sparkline

$184 already? Wtf.

bCAsh still hanging around 10th place at CoinMarketBook with only $2,566,031 buy support. It was lower few days ago.

Korean's buying the failed fork for the rest i don't see anyone left rushing to the exchanges.

https://coinmarketbook.cc/

[ChinkyEyes]

Way back when, I noticed the alts would pump first then BTC would follow.  When BTC would start to slow down, the alts would get sold off to boost BTC's price up.   Wonder what game is afoot on this one.

I'm pretty sure that alts have at least one major run ahead of them. For example if BTC rises 7% atm, most of the "better" alts go up around 20%. So if we would have another serious BTC bullrun, money to be made with alts would be many times that rise. Not that I'm advertising or anything, that's what just the graphs are telling (me). I think BTC dominance will fall down as low as 25% on the next bullrun. Just time it right to swap the shit against BTC and you will be doin' just fine.

BTC dropping to a low of 25% would indicate a very good alt run. I hope you are right, but personally I am a bit more conservative on this topic. I do hope I get to increase my BTC holdings this way.

[Torque]

It appears the crypto bullsheeit games are alive and well, I see. Lol. 

[BTCMILLIONAIRE]

Sinking.

I'm going to buy a handful of shares, db won't go under. Banks are going to be making money forever.

Check their 10 year chart before you buy anything.

[Last of the V8s]

engage fomo thrusters one through nine thousand!