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

[podyx]

Futures feeling bullish
They peaked 386

[LFC_Bitcoin]

Looks like the bears didn't get what they wanted.
We hit the bottom & have slightly rebounded since.

[NotLambchop]

Looks like the bears didn't get what they wanted.
We hit the bottom & have slightly rebounded since.

Thank you for not understanding what bears do

[podyx]

Thank you for not understanding what bears do

I still don't understand that picture

The guy with his hand in the sky says "Crash it down to here" and the bear with his palm lower says "lol" ?

[janos666]

Looks like the bears didn't get what they wanted.
We hit the bottom & have slightly rebounded since.

Thank you for not understanding what bears do

You mean...?

[xyzzy099]

Neil Degrasse Tyson is so damn gangsta... :p

[macsga]

Thank you for not understanding what bears do

I still don't understand that picture

The guy with his hand in the sky says "Crash it down to here" and the bear with his palm lower says "lol" ?

No one seems to understand LambTroll's superior brain excellence. We're all dumb in here. So put him on ignore already and get over with!

kthxbye.

[ChartBuddy]

Explanation

[prophetx]

holy cow I can't believe this is true

https://twitter.com/chloregy/status/543053687342772224

[dakota neat]

Said it before, I'll say it again: I for one welcome our literate bear trolls, like Jorge or Lambchop.

They're wrong more often than they are right, but they raise a good point once in a while (Jorge) or post something hilarious (Lambchop).

#reacharound #whysmynosebrown

A literate troll is an oxymoron. Literate people spend their time otherwise, mostly in a constructive and positive way.

[Richy_T]

Big companies accepting bitcoins hardly did wonder things for the price recently, isn't it?

It adds to bitcoin's legacy for sure but we need stuff to make people buy coins not to sell it.

Yeah, someone should re-quote that epic post by prophetx earlier.

I'd do it, but I'm to tired/lazy

Hmm. Maybe I should make chartbuddy quote faqs when requested.

I'd do it, but I'm too tired/lazy

[Davyd05]

Welp time to shovel some snow. I dont think the microsoft acceptance has really rolled through the collective mind just yet.

[hd060053]

how old is the microsoft news ?

[Bagatell]

Welp time to shovel some snow. I dont think the microsoft acceptance has really rolled through the collective mind just yet.

America is only just waking up.

[NotLambchop]

[Richy_T]

It is only a small step for Microsoft to allow portion of accounts to be held in bitcoin ... and then to allow withdrawls or spends of bitcoin to non-MS addresses ... suddenly your microsoft account starts to look a lot like your coinbase account ... but with a massively larger installed userbase and trusted brand identity behind it ... and Microsoft is head-to-head in a digital payments war with old foe Apple's Applepay

Upon reading this, it occurs to me that youth in the west might be a more likely adopter than third world right now. Lots of disposable income, access to technology and no access to bank accounts and credit cards.

[Davyd05]

how old is the microsoft news ?

I noticed the twitter pics somewhere near midnight est.

So fresh for those who don't check the news every three hours

[Brewins]

Welp time to shovel some snow. I dont think the microsoft acceptance has really rolled through the collective mind just yet.

the microsoft acceptance is no different from the paypal acceptance.
I think we will see some rise then a big dump, no different from last time

[truetalkci]

Welp time to shovel some snow. I dont think the microsoft acceptance has really rolled through the collective mind just yet.

the microsoft acceptance is no different from the paypal acceptance.
I think we will see some rise then a big dump, no different from last time

Very correct!
Microsoft recently add one more way to accept USD from bitpay company, however many fake news about "it is accepting bitcoin" came out and some of us buy this troll,

The bitcoin price is going to crash even harder after this "delay" caused by fake news same as PayPal made their announcement, you know what happened about the price crash

Microsoft does not accept bitcoin
Microsoft does not hold any bitcoins you pay to bitpay company
Crash incoming!

[Richy_T]

I don't know... Microsoft accepting Bitcoin surely adds heavily to it's legacy long term but I'm not sure it adds any wonders to Bitcoin price except short term pump, just like all others didn't. Until average Joe gets some significant advantage of using Bitcoin to purchase things and could buy it fast and cheap nothing really changes. We need new money in the game and that won't be people buying coins to spend them on Xbox stuff.

This is true but there also needs to be an underlying structure. Why buy/accept/care about Bitcoins when you can't spend them anywhere? If the "killer app" for getting $ to flow into Bitcoins come along, if there is nowhere to spend them, it will likely fail. Groundwork is important.