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

[byronbb]

could btc/usd prices be impacted by cryptsys huge volume of XRP markets ? and would altcoins help or make it worse for the growth of BTC/USD?

The altcoins that come to mind that seek larger speculation of growth like Coin Magi (XMG), Primecoin (XPM), Peercoin (PPC) ..?

DOGE is a pretty big one

its hard to say exactly how it these alts effect he BTC market

but the idea that BTC is needed to bid in these markets is rather bullish for BTC.

Alts have diluted capital flow into BTC. Perhaps just fool's money, but imagine if all the cash that went into DOGE et al. went into BTC.

Once they see BTC rallying they will trade DOGE for BTC

As most alts can only be traded back to crypto they are sort of a collective pool of BTC.

[MrPiggles]

And some people wonder why there is a lack of women in technology and trading.

because they take everything personally ?

don't worry, there's usually a bunch of white knight neckbeards around to rush to their defense

Fuck man, if you're going to troll, at least do it better than a 14 year old 4channer.

ooh here's another

[ChartBuddy]

Explanation

[heartastack]

could btc/usd prices be impacted by cryptsys huge volume of XRP markets ? and would altcoins help or make it worse for the growth of BTC/USD?

The altcoins that come to mind that seek larger speculation of growth like Coin Magi (XMG), Primecoin (XPM), Peercoin (PPC) ..?

DOGE is a pretty big one

its hard to say exactly how it these alts effect he BTC market

but the idea that BTC is needed to bid in these markets is rather bullish for BTC.

Alts have diluted capital flow into BTC. Perhaps just fool's money, but imagine if all the cash that went into DOGE et al. went into BTC.

Once they see BTC rallying they will trade DOGE for BTC

As most alts can only be traded back to crypto they are sort of a collective pool of BTC.

Yeah unless there is a usd pairing on a major exchange 99% of alts = BTC demand.
Alts are great because they pilot innovation without risking the integrity of BTC and constant forks.

In fact if the bitcoin foundation had any kind of balls or sense they would be reviewing Altcoin innovations and novel tech instead of figuring out how to Funnel BTC into their wages.

[Davyd05]

I'm starting to believe in the reversal...I mean it is possible the whale is just trying to get as many people to believe that so he can knife right through the book causing panic but I dunno...that just seems like a useless strategy to employ at this stage.

[ChartBuddy]

Explanation

[adaseb]

Looks like price is stalling in this area. Entering a small short just in case.

Huge bounce so far from the last low

[octaft]

And some people wonder why there is a lack of women in technology and trading.

because they take everything personally ?

don't worry, there's usually a bunch of white knight neckbeards around to rush to their defense

Fuck man, if you're going to troll, at least do it better than a 14 year old 4channer.

ooh here's another

0/10. Would have gotten at least a 1 if you put any effort into it.

[ShroomsKit]

she's a fuckin lawyer, of course you can't get a straight answer out of her.

also, she's a woman. since when do women know how long anything takes. my wifes 5 mins can be several minutes to an hour

I bet she knows how long you take! 

Absolutely, and I bet 5mins in the company of such a charming man like 'Piggles' would feel like an hour for most women.

Oh look at that I made a sarcastic generalisation about women and someone got butthurt.

Calm down dear

Don't worry. She just hates men.

[JayJuanGee]

I'm starting to believe in the reversal...I mean it is possible the whale is just trying to get as many people to believe that so he can knife right through the book causing panic but I dunno...that just seems like a useless strategy to employ at this stage.

I keep thinking about the recent volume of BTC trades, and it seems relatively high in the last four weeks but even greater in the last two weeks with the drop into the $300s and below... Accordingly, based on the increased trade volume, there should be some additional BTC price movement (up or down.. maybe up?).

On the other hand, this upcoming weekend in the USA is a long bank holiday on Monday - so lack of fiat may be possible. Yet, on the other hand, there seems to have been quite a bit of fiat coming into the exchanges, and a lot of the large fiat holders should have been red-flagged last weekend to prepare fiat on the exchanges over the weekend, just in case there is another testing of either lower $300s or even a drop into the $200s (which seems less likely). 

In the totality of circumstances, it seems a bit less plausible that any kind of major BTC dump would be be successful over this coming weekend b/c fiat holders should have been sufficiently prepared (especially based on last weekend's price movement(s)).

Nonetheless, from watching BTC's performance (recent and longer) I have come to believe  that nearly anything is possible (or pausible) in Bitcoinlandia!!!   

[FNG]

According to bitcoinity there's approx 16,000 coins total on bitfinex. There's nearly 14,000 btc short!

Shorts are going to get their asses handed to them with a single large market buy.

[mb300sd]

since 2011 I hve drunk traed, 12k btc ltater I dtull druk trade. hammred me says up.

[Raystonn]

since 2011 I hve drunk traed, 12k btc ltater I dtull druk trade. hammred me says up.

Up it is.  Another round?

[ChartBuddy]

Explanation

[ErisDiscordia]

since 2011 I hve drunk traed, 12k btc ltater I dtull druk trade. hammred me says up.

I approve of this post

Bearstamp
Bullstamp
BitSwamp
Beerstamp

What else?

you forgot blowstamps

[medialab101]

since 2011 I hve drunk traed, 12k btc ltater I dtull druk trade. hammred me says up.

I approve of this post

Bearstamp
Bullstamp
BitSwamp
Beerstamp

What else?

you forgot blowstamps

'blowstamps' is leetspeak for BTC

[nanobrain]

she's a fuckin lawyer, of course you can't get a straight answer out of her.

also, she's a woman. since when do women know how long anything takes. my wifes 5 mins can be several minutes to an hour

I bet she knows how long you take! 

Absolutely, and I bet 5mins in the company of such a charming man like 'Piggles' would feel like an hour for most women.

Oh look at that I made a sarcastic generalisation about women and someone got butthurt.

Calm down dear

Don't worry. She just hates men.

Not sure which version of Shroomskit I'm talking to but I think you know that's untrue; I hate the lazy, casual sexism that pervades this thread and the fact that as soon as there is any resistance to it, it prompts comments that you are either sensitive or 'hate men'. 

I'm not going to get into this (mainly because I'm hopelessly outnumbered and have done it, fruitlessly, before nearly a year ago) but I do wonder if Piggles et al actually behave like this with their wives, partners and daughters in the 'real' world.  I imagine not.

Back on topic: I'm not going to change my view supporting the theory that we'll back in the high 200's in the next 9 days.

[ErisDiscordia]

Not sure which version of Shroomskit I'm talking to but I think you know that's untrue; I hate the lazy, casual sexism that pervades this thread and the fact that as soon as there is any resistance to it, it prompts comments that you are either sensitive or 'hate men'.  

I'm not going to get into this (mainly because I'm hopelessly outnumbered and have done it, fruitlessly, before nearly a year ago) but I do wonder if Piggles et al actually behave like this with their wives, partners and daughters in the 'real' world.  I imagine not.

Back on topic: I'm not going to change my view supporting the theory that we'll back in the high 200's in the next 9 days.

I'd just add that it's a shame that it's called "feminISM" - any "-ism" implies ideology and dogma. I'd rather call it "being respectful of everyone and their individuality" but that doesn't market very well, does it? Nowadays we end up in a situation where often men can't be considered victims of sexism, sort of like white people can't be victims of racism. It's bullshit, but bullshit makes the flowers grow...

[conspirosphere.tk]

I hate the lazy, casual sexism that pervades this thread

[octaft]

I'd just add that it's a shame that it's called "feminISM" - any "-ism" implies ideology and dogma. I'd rather call it "being respectful of everyone and their individuality" but that doesn't market very well, does it? Nowadays we end up in a situation where often men can't be considered victims of sexism, sort of like white people can't be victims of racism. It's bullshit, but bullshit makes the flowers grow...

Feminism comes with a lot of baggage due to the bad seeds in the group ruining it for the ones who just want simple equality and respect. Misandrists in feminist clothing, women who think it's fine when men are sexualized (or just outright don't think men can be sexualized) but hate it when women are, and those who act like women who enjoy wearing revealing outfits are cheapening themselves immediately come to mind.

The first two are hypocrites, the third is simply ironic that they want to stifle a womans right to express herself as she chooses.