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

[adamstgBit]

https://www.youtube.com/watch?v=ks7P6-j99f0

[empowering]

This market would surely require SEC approval.

Personally I hope that the crypto-ETFs will never take off. Or it will end like the gold and silver paper market.

But then we would never have the fun of watching it eventually explode (like the gold and silver paper market will do in time)

[empowering]

The only way ETFs never takes off is bitcoin being illegal in all the countries (impossible IMO). Big players want fast and huge returns investing in bitcoin, and that's the fastest way to achieve it.  As long as you hodl real bitcoins will be fine. Of course they will be able to easily manipulate market price, but anyway you can easily do it right now if you have enough money, just look what happened yesterday.

I don't know, but the SEC presumably wants more than just "it is not illegal".  AFAIK, the SEC was created after the 1929 stock market collapse to bar sale of stocks that are likely to collapse.  That could harm big investors, too. 

So, I would guess that their approval depends on their estimate of the future of bitcoin.  (And they may also consider the likelihood of the fund being goxed, perhaps.)

As sure as eggs is eggs the ETF's WILL be approved, like them or not, they are coming to the market some time in the next 6 months- 1 year

[seleme]

Just wanted to mention that my new house is completed:

That looks like a mere penthouse apartment that Ceaușescu had built ontop of his "palace" as an after thought. (we all know what happened to him huh?)



I have seen this place, it is f'kin huge.

This photos taken from Turkey. Our President built new house for him. I am also from Turkey. We are not happy for this "palace" because we have lots of problem and we are not wealthy country.

Bit too rich to say he built it for him. He built it for Turkish presidency/government, he won't be one 300 years.

Erdogan is legend. He and his pals turned your economy upside down in last 10 years and made Turkey much wealthier, more independent and influential country, that's why West is trying to screw you for years.

[empowering]

Just wanted to mention that my new house is completed:

That looks like a mere penthouse apartment that Ceaușescu had built ontop of his "palace" as an after thought. (we all know what happened to him huh?)



I have seen this place, it is f'kin huge.

This photos taken from Turkey. Our President built new house for him. I am also from Turkey. We are not happy for this "palace" because we have lots of problem and we are not wealthy country.

Yup, and I think you will find that Ceaușescu did not have many fans, and were not that impressed with the palace, I was in Bucharest in the 80's - I will never forget the things I saw there, I have been back several times since and it has improved, as beautiful a place as Romania is, and even though Ceaușescu paid off the national debt etc, the country, the people (non party at least)  were also dirt poor .. and Ceaușescu built the largest private residence in the world (the picture above)  and well, people did not like it...(among many other things) and look how that ended for Ceaușescu... if you guys are not keen on the false flag plotting dodgy geezer you have running your country... maybe take a leaf out of the books of the Romanian people ; )  although you may want to enlist the help of the British Secret service (who were in it up to their eyeballs- also amazing what you can accomplish with a few fireworks   worked well for the Romanians lol , and we all know how that ended for Ceaușescu and his wiafff. (They had a terrible Christmas)

[seleme]

To compare Caucesku and Erdogan is utter mental, lol.

One is communist dictator who's country was piss poor while he was in charge, the other is democratic president who's country was such improved during his rule that it is borrowing money to WMF after being on the knees before he came.

[touhonoob]

BITCOIN PRICE FACES LOWER LOWS IN CONTINUING SLOW DECLINE
https://www.cryptocoinsnews.com/bitcoin-price-faces-lower-lows-continuing-slow-decline/

WC3's Web Payments Redesign Could Bypass Bitcoin
http://www.coindesk.com/wc3s-web-payments-redesign-bypass-bitcoin/

[empowering]

To compare Caucesku and Erdogan is utter mental, lol.

One is comunist dictator who's country was piss poor, the other is democratic president who's country is borrowing money to WMF.

I was not comparing the two... I was merely making a joke about the size of his palace...  and actually the country was not piss poor, they had zero national debt and plenty of wealth, just in the hands of very very very few people.

Also I am not comparing their situations, apart from to say, if people do not like Erdowogwan, then they know what to do about it (in reply to the gentleman above saying not happy with egoweirdwan and the situation in Turkey, again, not serious)

[LFC_Bitcoin]

Really hope we don't go any lower.
I'm enjoying buying cheap coins atm but I don't want us to go lower than 300 USD again.

[ChartBuddy]

Explanation

[seleme]

To compare Caucesku and Erdogan is utter mental, lol.

One is comunist dictator who's country was piss poor, the other is democratic president who's country is borrowing money to WMF.

I was not comparing the two... I was merely making a joke about the size of his palace...  and actually the country was not piss poor, they had zero national debt and plenty of wealth, just in the hands of very very very few people.

Also I am not comparing their situations, apart from to say, if people do not like Erdowogwan, then they know what to do about it (in reply to the gentleman above saying not happy with egoweirdwan and the situation in Turkey, again, not serious)

Erdogan is so disliked by Turks that he didn't lose the elections last 15 years. But I guess that's hard to figure out when you're reading western Turkey bashing media, one that supported any foreign funded and organized groups that tried to screw Turkey and Erdogan from inside with all kind of mess after not being able to do it on ballot boxes.

Turkey is not willing to play their game when and how they want, so we know what happens with those that don't do it. Luckily, they are in NATO and are not piece of cake otherwise they'd find a way to bomb it long time ago.

[ssmc2]

Negative interest rates in Germany. Hyperinflation coming up in Japan.

BTC bitchezz.

[SkyValeey]

Really hope we don't go any lower.
I'm enjoying buying cheap couns atm but I don't want us to go lower than 300 USD again.

When (IF ofc) we hit <275$, 300$ won't be so cheap anymore :-P

[Capt Drake]

Really hope we don't go any lower.
I'm enjoying buying cheap couns atm but I don't want us to go lower than 300 USD again.

Place some stop loss at 270, if we brake 275 then we could go to 200~250.

[LFC_Bitcoin]

Really hope we don't go any lower.
I'm enjoying buying cheap couns atm but I don't want us to go lower than 300 USD again.

Place some stop loss at 270, if we brake 275 then we could go to 200~250.

I'm at least £1500 (GBP) down on what I've invested.

I'm a long term hoarder & won't sell any coins but it is frustrating over the last 2 months seeing the price continuously dropping. 

[Capt Drake]

Really hope we don't go any lower.
I'm enjoying buying cheap couns atm but I don't want us to go lower than 300 USD again.

Place some stop loss at 270, if we brake 275 then we could go to 200~250.

I'm at least £1500 (GBP) down on what I've invested.

I'm a long term hoarder & won't sell any coins but it is frustrating over the last 2 months seeing the price continuously dropping. 

Yeah I know how you fell, I bought at 500 +- 

[seleme]

I would seriously appreciate the bottom, need to take my life back. Please.

[LFC_Bitcoin]

Really hope we don't go any lower.
I'm enjoying buying cheap couns atm but I don't want us to go lower than 300 USD again.

Place some stop loss at 270, if we brake 275 then we could go to 200~250.

I'm at least £1500 (GBP) down on what I've invested.

I'm a long term hoarder & won't sell any coins but it is frustrating over the last 2 months seeing the price continuously dropping. 

Yeah I know how you fell, I bought at 500 +- 

Same.
I've bought about 6 or 7 BTC since we fell below 400 USD to try and minimise my losses but still at a stinking loss.

[JayJuanGee]

Hashrate has skyrocketed
https://blockchain.info/sv/charts/hash-rate?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Any reason why?

Because Bitcoin is dying, people are throwing more money into mining.

hahahahaha

[BitChick]

I would seriously appreciate the bottom, need to take my life back. Please.

I hear ya.  Is it just me or has anyone else been delaying things until BTC decides to go up in price again?

It is a bit painful.  We are perhaps a little "overinvested" right now.  Sure, we can sell coins right now (not even at a loss of what we paid originally) but it is a horrible time to sell, so we wait, and wait and wait.    

In the mean time, we could really use a new couch, new carpet, have a zero percent credit card that we are just delaying paying because we don't really want to sell coins and then Christmas is just around the corner.  The kids really want a nice Christmas.  Hopefully we are at least back to $600 by then?  I can hope anyways.