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

[JayJuanGee]

I'm seeing a disturbing trend of many bearish posts and topics being deleted and banned by the moderators here. How do you expect to have an open conversation about bitcoin if people are allowed to write "omg!11eleven!1 bitcoin to $1 million by 2016!!" but if fallllllling or whoever writes that it's going to drop in value, he gets banned?

That's seriously fucked up. Especially since he's been mostly RIGHT for weeks.

<3 kireinaha



We should finally start some meaningful discussion here and stop the diva JayGuanLogorrhea.

Likely more than 90% of my posts are fairly substantive in responding to or adding discussion about bitcoin or related topics that come up in this thread...

Additionally, my perspective has been largely bullish regarding BTC; however, I am willing to consider bearish analysis to the extent that bearish analysis has some basis in the real world or describes some support for bearish assertions and/or analysis.

[hdbuck]

I'm seeing a disturbing trend of many bearish posts and topics being deleted and banned by the moderators here. How do you expect to have an open conversation about bitcoin if people are allowed to write "omg!11eleven!1 bitcoin to $1 million by 2016!!" but if fallllllling or whoever writes that it's going to drop in value, he gets banned?

That's seriously fucked up. Especially since he's been mostly RIGHT for weeks.

Im not calling this being right. He is just stating the obvious. No one has a clue, at these levels, dices tend to get rigged. There is just too many threats and opportunities. However, i believe bitcoin is intrinsically meant to succeed. It will only take a heavier consensus to get rid of the parasitic attempts at manipulation.

You mean the one dumper? The one who tries to enslave us all?

http://img1.wikia.nocookie.net/__cb20130815191502/lotr/images/0/01/Sauron_copy.jpg

Dont flatter yourself. You are just entertaining at best.

[Malin Keshar]

Pre weekend dump(sub 470 touched)

How low will we go?

[ssmc2]

       How about this scenario for the next few weeks/ months. I got a little carried away and it becomes a little ridiculous towards the end.


Ragnar

Lol awesome. You forgot 13- Rinse and repeat 

[ChartBuddy]

Explanation

[Ragnar Danneskjold]

Sorry for the long post. Life without pretty wenches can be hard and one is inevitably filled with excess energy, that is
 if one avoids indulging in the " solitary sin". Perhaps I should do more press ups.

Ragna

[Dump3er]

I'm seeing a disturbing trend of many bearish posts and topics being deleted and banned by the moderators here. How do you expect to have an open conversation about bitcoin if people are allowed to write "omg!11eleven!1 bitcoin to $1 million by 2016!!" but if fallllllling or whoever writes that it's going to drop in value, he gets banned?

That's seriously fucked up. Especially since he's been mostly RIGHT for weeks.

Im not calling this being right. He is just stating the obvious. No one has a clue, at these levels, dices tend to get rigged. There is just too many threats and opportunities. However, i believe bitcoin is intrinsically meant to succeed. It will only take a heavier consensus to get rid of the parasitic attempts at manipulation.

You mean the one dumper? The one who tries to enslave us all?

http://img1.wikia.nocookie.net/__cb20130815191502/lotr/images/0/01/Sauron_copy.jpg

Dont flatter yourself. You are just entertaining at best.

Exceptionally I was not flattering myself. I'm not this one dumper, though following the wall observer logic I only had to buy one coin in a support wall (cause it's always one guy's wall) to be a gigantic whale!

[adamstgBit]

Hot off the press!

Mexico continues its open arms approach to Bitcoin propagation with the partnership of Bitcoin exchange Bitso with mobile payment provider Pademobile.

[hdbuck]

I'm seeing a disturbing trend of many bearish posts and topics being deleted and banned by the moderators here. How do you expect to have an open conversation about bitcoin if people are allowed to write "omg!11eleven!1 bitcoin to $1 million by 2016!!" but if fallllllling or whoever writes that it's going to drop in value, he gets banned?

That's seriously fucked up. Especially since he's been mostly RIGHT for weeks.

Im not calling this being right. He is just stating the obvious. No one has a clue, at these levels, dices tend to get rigged. There is just too many threats and opportunities. However, i believe bitcoin is intrinsically meant to succeed. It will only take a heavier consensus to get rid of the parasitic attempts at manipulation.

You mean the one dumper? The one who tries to enslave us all?

http://img1.wikia.nocookie.net/__cb20130815191502/lotr/images/0/01/Sauron_copy.jpg

Dont flatter yourself. You are just entertaining at best.

Exceptionally I was not flattering myself. I'm not this one dumper, though following the wall observer logic I only had to buy one coin in a support wall (cause it's always one guy's wall) to be a gigantic whale!

people with one coin will soon enough be consider a whale.. ^^

[molecular]

Sorry for the long post. Life without pretty wenches can be hard and one is inevitably filled with excess energy, that is
 if one avoids indulging in the " solitary sin". Perhaps I should do more press ups.

Ragna

Thanks for your previous post. I acknowledge the possiblites, although the likelihood decreases towards the end.

[molecular]

people with one coin will soon enough be consider a whale.. ^^

then what will the current whales be considered? Moons?

[hdbuck]

people with one coin will soon enough be consider a whale.. ^^

then what will the current whales be considered? Moons?

well, theoretically, they would reach their cashing-out bearing point and hence be a bit more diluted (except for the large corps/funds/etc that will emerge) before we are all whales.

[edwardspitz]

Feeling a bit bullish at the moment. The weekend has landed and that is generally considered a good time for club hopping. Here is my suggestion:

[FUR11]

people with one coin will soon enough be consider a whale.. ^^

then what will the current whales be considered? Moons?

well, theoretically, they would reach their cashing-out bearing point and hence be a bit more diluted (except for the large corps/funds/etc that will emerge) before we are all whales.

Sometimes I wish I fell into a coma for 5-10 years, only to awake, with all my Bitcoins still there and accessible and then finding out that the price is at $60000... This would be so freaking awesome. Then again, it will be difficult dealing with all that lost time... But... $60000!!!!!!!

[derpinheimer]

people with one coin will soon enough be consider a whale.. ^^

then what will the current whales be considered? Moons?

well, theoretically, they would reach their cashing-out bearing point and hence be a bit more diluted (except for the large corps/funds/etc that will emerge) before we are all whales.

Sometimes I wish I fell into a coma for 5-10 years, only to awake, with all my Bitcoins still there and accessible and then finding out that the price is at $60000... This would be so freaking awesome. Then again, it will be difficult dealing with all that lost time... But... $60000!!!!!!!

Just travel at relativistic speed for about a year or two, then come back to earth and around 10 years will have passed. Not so bad!

[ChartBuddy]

Explanation

[inca]

Does anyone have any thoughts about the CFTC approving bitcoin swaps/derivatives trading?

It is my understanding that derivatives allow betting on the direction of an instrument, but do not involve buying or selling said instrument, instead being simply derived from it. Does this mean it will be used for hedging, to reduce volatility etc? Does this mean it cannot be used to push the price around? Could such derivatives soak up institutional liquidity headed directly for btc or COIN?

Is this good or bad for btc?

[adamstgBit]

Does anyone have any thoughts about the CFTC approving bitcoin swaps/derivatives trading?

It is my understanding that derivatives allow betting on the direction of an instrument, but do not involve buying or selling said instrument, instead being simply derived from it. Does this mean it will be used for hedging, to reduce volatility etc? Does this mean it cannot be used to push the price around? Could such derivatives soak up institutional liquidity headed directly for btc or COIN?

Is this good or bad for btc?

whoa thats not what i understood...

its trading futures contracts, and options (puts and calls).

this is not bets

puts calls and futures are generally used to hedge ( i think )

i believe this will lead to more stable prices day to day, increased liquidity  and such.

[hdbuck]

Does anyone have any thoughts about the CFTC approving bitcoin swaps/derivatives trading?

It is my understanding that derivatives allow betting on the direction of an instrument, but do not involve buying or selling said instrument, instead being simply derived from it. Does this mean it will be used for hedging, to reduce volatility etc? Does this mean it cannot be used to push the price around? Could such derivatives soak up institutional liquidity headed directly for btc or COIN?

Is this good or bad for btc?

I am not that found of over-instrumenting. I tend to be more and more skeptical with adding layers and complexity to genuine store of value. Call it the Bitcoin effect
But we still can use the advertising i guess.

edit: And if some people are still willing to throw some bags at it.. hell, it means there would be more real coins for the rest of us. ^^

[inca]

Does anyone have any thoughts about the CFTC approving bitcoin swaps/derivatives trading?

It is my understanding that derivatives allow betting on the direction of an instrument, but do not involve buying or selling said instrument, instead being simply derived from it. Does this mean it will be used for hedging, to reduce volatility etc? Does this mean it cannot be used to push the price around? Could such derivatives soak up institutional liquidity headed directly for btc or COIN?

Is this good or bad for btc?

whoa thats not what i understood...

its trading futures contracts, and options (puts and calls).

this is not bets

puts calls and futures are generally used to hedge ( i think )

Ah. Futures.

The gold market seems fairly well cornered on COMEX by the big investment banks. Is there a good reason why they won't be able to naked short the shit out of bitcoin?