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

[mmitech]

price seems very stable. in the next month there will be an opening of an etf and we will see a new bubble  . however, don't sell now.

How the ETF is going to push the price up ? Winklevoss already owns a shitload of coins that will be liquidating at that ETF, with this kind of really slow demand and with the amount of coins they own it will be a long time before anything could happen, them holding that shit load of coins is one of the reasons the price is still holding.


Beside, don't even mention wall street and this ETF until we see how the Bitlicence is going to look like, if it will be remotely close to what the regulators of NY state are aiming for, then you just kiss wall street and that ETF goodbye.

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[dakota neat]

Bullstamp keep going. Bearfinex go home.

[JayJuanGee]

Redditor takes out $30,000 on a credit card in order to "invest" (read:speculate) it all in Bitcoin.
https://www.reddit.com/r/personalfinance/comments/18gcmt/redditor_takes_out_30000_on_a_credit_card_in/

Potentially that guy made a killing, if he bought BTC around $100.. b/c the postings are from over a year ago.  A problem is knowing when to get out... at least to get out sufficiently to pay off the credit card and then keep the remainder for continued investment or otherwise diversifying to the extent necessary.

[mmitech]

what? did you change your mind ? 

[paul2000]

Bullstamp keep going. Bearfinex go home.

Even worse are okcoin btcchina and huobi, what's wrong with these guys

[ChartBuddy]

Explanation

[redsn0w]

Explanation

Thanks for the img , but I hope the  bitcoin price will raise by the end of this week ... ( I hope  ).

[touhonoob]

https://i.imgur.com/PHyPFnv.png
Explanation

Thanks for the img , but I hope the  bitcoin price will raise by the end of this week ... ( I hope  ).

Weekend dumps 

[noobtrader]

Explanation

Thanks for the img , but I hope the  bitcoin price will raise by the end of this week ... ( I hope  ).

Its obvious that buyer are afraid of whale, while whale are in constant bear mode which mean they have constant influx of coin, this will not change until next halving. i guess

[Dotto]

Sidewaystest sideways of of the sidewaaaaaaarghhhghghg

[Bittings]

price seems very stable. in the next month there will be an opening of an etf and we will see a new bubble  . however, don't sell now.

How the ETF is going to push the price up ? Winklevoss already owns a shitload of coins that will be liquidating at that ETF, with this kind of really slow demand and with the amount of coins they own it will be a long time before anything could happen, them holding that shit load of coins is one of the reasons the price is still holding.


Beside, don't even mention wall street and this ETF until we see how the Bitlicence is going to look like, if it will be remotely close to what the regulators of NY state are aiming for, then you just kiss wall street and that ETF goodbye.

I see you are being your normal abrasive self. Stating your opinion as undeniable fact.

But its also possible an ETF opens the world of Bitcoin to millions of people who can't be arsed right now to figure out how or why to buy a bitcoin.

Just like when Dwolla made it easy to transfer money in and out of Mt Gox, which in turn bubbled the price up from $2 to $30.

[brg444]

price seems very stable. in the next month there will be an opening of an etf and we will see a new bubble  . however, don't sell now.

How the ETF is going to push the price up ? Winklevoss already owns a shitload of coins that will be liquidating at that ETF, with this kind of really slow demand and with the amount of coins they own it will be a long time before anything could happen, them holding that shit load of coins is one of the reasons the price is still holding.


Beside, don't even mention wall street and this ETF until we see how the Bitlicence is going to look like, if it will be remotely close to what the regulators of NY state are aiming for, then you just kiss wall street and that ETF goodbye.

Exchange demand != actual demand

ETF also create gateway for unseen amount of investors liquidity the type of which has never had access to bitcoin before.

Also, the ETF does not depend on the BitLicenses to operate.

[Bitcoin-Club]

How to catch the bottom in a bear market

[coinableS]

price seems very stable. in the next month there will be an opening of an etf and we will see a new bubble  . however, don't sell now.

How the ETF is going to push the price up ? Winklevoss already owns a shitload of coins that will be liquidating at that ETF, with this kind of really slow demand and with the amount of coins they own it will be a long time before anything could happen, them holding that shit load of coins is one of the reasons the price is still holding.


Beside, don't even mention wall street and this ETF until we see how the Bitlicence is going to look like, if it will be remotely close to what the regulators of NY state are aiming for, then you just kiss wall street and that ETF goodbye.

I see you are being your normal abrasive self. Stating your opinion as undeniable fact.

But its also possible an ETF opens the world of Bitcoin to millions of people who can't be arsed right now to figure out how or why to buy a bitcoin.

Just like when Dwolla made it easy to transfer money in and out of Mt Gox, which in turn bubbled the price up from $2 to $30.

True. Do you know how many people I work with that don't understand how to use Word or Excel. No chance could they use bitcoin. The ETF will help those computer challenged.

[Erdogan]

This is about payments not bitcoin but there is a synergy of efforts. Bitcoin may be an beneficiary but cryptocurrencies need to "grow up" and have standards. W3C Web Payments is committed to help provide the standards so potential future payment technologies can mature.

The beneficiaries we are the targeting are the unbanked, unbankable, and those not having access to financial infrastructure. We cant achieve this goal without integrating into the core of the browser technologies layered with security to create frictionless & borderless payments. We will help connect up another billion+ people to the global economy.

No offense, but I've been watching the W3C since the days of HTML 3 and your track record of creating successful web standards has been... mixed.

It's not obviously apparent that a W3C Web Payments standard would be useful or relevant.

Plus, I don't much like being told to "grow up."  It's possible to tell me respectfully what you think is in it for me without calling me names should I choose to not do things your way!

Given the level of understanding that exists among the public, it is rather probable that w3c does not understands bitcoin, and therefore creates something that is irrelevant. But by all means, let them try!

[octaft]

Stating your opinion as undeniable fact.

Uhhh almost everyone does that in the speculation forum.

[Erdogan]

This is about payments not bitcoin but there is a synergy of efforts. Bitcoin may be an beneficiary but cryptocurrencies need to "grow up" and have standards. W3C Web Payments is committed to help provide the standards so potential future payment technologies can mature.

The beneficiaries we are the targeting are the unbanked, unbankable, and those not having access to financial infrastructure. We cant achieve this goal without integrating into the core of the browser technologies layered with security to create frictionless & borderless payments. We will help connect up another billion+ people to the global economy.

No offense, but I've been watching the W3C since the days of HTML 3 and your track record of creating successful web standards has been... mixed.

It's not obviously apparent that a W3C Web Payments standard would be useful or relevant.

Plus, I don't much like being told to "grow up."  It's possible to tell me respectfully what you think is in it for me without calling me names should I choose to not do things your way!

Given the level of understanding that exists among the public, it is rather probable that w3c does not understands bitcoin, and therefore creates something that is irrelevant. But by all means, let them try!

And during the eons, they have spat out overengineered, underspecified, inconsistent standards that take  years to resolve by practical application programmers and browser makers.

[findftp]

price seems very stable. in the next month there will be an opening of an etf and we will see a new bubble  . however, don't sell now.

How the ETF is going to push the price up ? Winklevoss already owns a shitload of coins that will be liquidating at that ETF, with this kind of really slow demand and with the amount of coins they own it will be a long time before anything could happen, them holding that shit load of coins is one of the reasons the price is still holding.


Beside, don't even mention wall street and this ETF until we see how the Bitlicence is going to look like, if it will be remotely close to what the regulators of NY state are aiming for, then you just kiss wall street and that ETF goodbye.

Exchange demand != actual demand

ETF also create gateway for unseen amount of investors liquidity the type of which has never had access to bitcoin before.

Or is too scared to touch the real stuff.
Reminds me of a friend which I told about physical gold and silver.
I asked him what he thought about it.

He said "you mean gold stocks?"
Me: "No, I mean the real stuff"
He: "No, I won't buy real gold, rather gold stocks (he meant the paper stuff)"
Me: "Why not the real deal?"
He: "Because I don't dare to"
 
I was totally confused and was not able to continue this discussion anymore and we continued our bitcoin discussion instead.
A few days later he called me how to buy bitcoins.
I told him (again) about the paper wallets and bitcoin boot disks.
Weeks later I asked him how he felt about the 20% price drop.
He said he did not buy them yet

Well, he might be right about everything after all... damn it...

[tarmi]

time to close those longs on bitfinex.

[mmitech]

price seems very stable. in the next month there will be an opening of an etf and we will see a new bubble  . however, don't sell now.

How the ETF is going to push the price up ? Winklevoss already owns a shitload of coins that will be liquidating at that ETF, with this kind of really slow demand and with the amount of coins they own it will be a long time before anything could happen, them holding that shit load of coins is one of the reasons the price is still holding.


Beside, don't even mention wall street and this ETF until we see how the Bitlicence is going to look like, if it will be remotely close to what the regulators of NY state are aiming for, then you just kiss wall street and that ETF goodbye.

Exchange demand != actual demand

ETF also create gateway for unseen amount of investors liquidity the type of which has never had access to bitcoin before.

Also, the ETF does not depend on the BitLicenses to operate.

See, I think some of you don't even really read the whole post, demand is not going to effect the market for long time, because Winklevoss got a shitload of coins that needs to be liquidated.... and yes, the Bitlicense is going to effect this ETF if it is going to operate in New York... I wont even start with wall street.