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

[JayJuanGee]

Well they should be because it has a big hard cock.

The bitcoin erection at the moment needs some blue pills mate XD

You are either nutso, or you are spreading misinformation if you believe that the current state of bitcoin is lacking potency.

Good luck with your shorts.       

Completely uncapable of making money with trading, I am fully hodler!
But I didn't want to doubt the potency of bitcoin I am just saying it is a bit chub right now
He is getting turned off by the Chinese

Even if you are not trading nor talking your book - your conclusion seems to be quite a bit off base, and maybe that could be part of the reason that you don't make money when trading.... of course, you do not need to trade in order to make money with bitcoin, yet frequently, a point that I make is that broad proclamations (such as asserting that bitcoin is lacking in potency in times like this) could cause anyone to bet too much in the wrong direction because it seems to be a considerable misreading of the current bitcoin market.

[JayJuanGee]

He is getting turned off by the Chinese

That, and I think it needs a bit of rest after months of partying hard.

You are going to get fucked, if you believe that we are in some kind of overheated BTC market at the moment.

The fact of the matter is that the upwards BTC price slope has been relatively gradual over the past two years of this particular bull market, and there is still room for more partying.

Sure, there is an outside possibility that you could be correct, and this party could,  in fact, be over; however, currently, the odds seem to be considerably against such bearish prognosis... so I hope that you have not shorted too much in this current market, that is if you are putting your money where your mouth is.

[YamashitaRen]

I shorted at 4600, after the ATH.
I bet on staying sideways until this whole China drama settle. If it goes over 5k in this time frame, then market is still definitely bullish.

But you know, I see a lot of posts here "we reached the bottom, it's going back up, etc..." since we reached ATH. So far, I don't see any strong market movement supporting theses allegations...

[notme]

I shorted at 4600, after the ATH.
I bet on staying sideways until this whole China drama settle. If it goes over 5k in this time frame, then market is still definitely bullish.

But you know, I see a lot of posts here "we reached the bottom, it's going back up, etc..." since we reached ATH. So far, I don't see any strong market movement supporting theses allegations...

Yep.  Me too.  I've mostly bought back in around 4200, but I'm still a little short.

[JayJuanGee]

I shorted at 4600, after the ATH.
I bet on staying sideways until this whole China drama settle. If it goes over 5k in this time frame, then market is still definitely bullish.

But you know, I see a lot of posts here "we reached the bottom, it's going back up, etc..." since we reached ATH. So far, I don't see any strong market movement supporting theses allegations...

Don't over-read what people are saying... and mischaracterize folks for being overly bullish, merely because they assert that the odds for up are greater than the odds for down.

Just because some one might be suggesting that the odds are greater for up rather than down does not mean that that person is not still prepared for down.

We already had a 20% price correction from $4980 to $4k, and sure we could get additional correction below that?, but we could also go sideways and we could also go up, right? 

How much are you betting on down?  100%   40%?    Have you closed part of your position from $4600?

From $4600 to $4,000, you already had nearly a 14% correction, did you cash out part of of your position, or are you getting overly excited and waiting for $3800 or $3500 or lower? 

One thing is coming to a conclusion that the odds for down are greater than the odds for up, but if we already experienced 20% down  and we experienced 14% down after you already had shorted, then seems to me to be prudent to have closed part of that position in order to NOT be too greedy and to protect yourself in either direction, no?

[Elwar]

I get at least 33% off almost everything in Amazon ... but I have to wait a bit before someone buys it for me.

how?

http://www.purse.io

Guess that does not work in EU ?

There's a way to do it in Germany. Let me know if that's the case. 15% off.

[lemmyK]

still 4200 eth can not go over 300    . just personal wishes see here . guys need back to reality
also big problem , bt and eth go up or down  booth but newer separate.. other crypto and gold too  ..  soo its just one big manipulations
bt is too expensive for invest or trading. just hudlers  keep it like lotery numbers for ticket 
and too risky
keep blablah , i like read here

[JayJuanGee]

still 4200 eth can not go over 300    . just personal wishes see here . guys need back to reality
also big problem , bt and eth go up or down  booth but newer separate.. other crypto and gold too  ..  soo its just one big manipulations
bt is too expensive for invest or trading. just hudlers  keep it like lotery numbers for ticket 
and too risky
keep blablah , i like read here

You like read here, but you talk lots nonsense.

If you try to make false equivalencies and conflate the fundamentals of BTC, ETH and price performance of each, then you are likely to come to nonsensical conclusions, see above.   

[BlindMayorBitcorn]

Feels like lift off. Everybody hand me your pants. No time to explain...

[BlindMayorBitcorn]

Feels like lift off. Everybody hand me your pants. No time to explain...

Bump

[marcus_of_augustus]

nup ... sideways for a while, maybe another dip down to some moving average or another (~$3800?) and then higher.

Mining is hauling in ~$7.6 mill per day.

[gembitz]

Never forget:
china bans drugcoins ...again
~>moooove alonggg noobs ..nothing to see    
*haa lol



#free ross

[cAPSLOCK]

Feels like lift off. Everybody hand me your pants. No time to explain...

Pants transferred.  Should be able to be held onto in 6 confirmations.

[gembitz]

Feels like lift off. Everybody hand me your pants. No time to explain...

Pants transferred.  Should be able to be held on to in 6 confirmations.

satoshi "superblocks" ??   #done

[BlindMayorBitcorn]

PANTS RECEIVED

09/12 gembitz
09/12 cAPSLOCK

[jojo69]

been a while since I've had my pants demanded suchly

but I'm in...here

[Lauda]

Feels like lift off. Everybody hand me your pants. No time to explain...

Bump

Sounds about right:

Bitstamp | Total bids: 60649077 USD. Total asks: 3011 BTC. Ratio: 20138.58681 USD/BTC. | Data vintage: 0.0182 seconds

It's time to move back to the rightful valuation of >$5k.

[RealMachasm]

Feels like lift off. Everybody hand me your pants. No time to explain...

Not sure that you really want my pants, but I'm game if you are!
By the way, fees are down to 90 sats per byte.
https://bitcoinfees.21.co/

[Lauda]

Feels like lift off. Everybody hand me your pants. No time to explain...

Not sure that you really want my pants, but I'm game if you are!
By the way, fees are down to 90 sats per byte.
https://bitcoinfees.21.co/

People are still largely overpaying due to bad fee estimation from their wallets. You could likely get a 10-20 sat/byte transaction confirmed very quickly right now (if not in the next block). Just make sure you're already using Segwit. Keep an eye out here as well: https://tradeblock.com/bitcoin.

[White sugar]

Feels like lift off. Everybody hand me your pants. No time to explain...

But anonymous sources told CNBC that China is going to shut down all the exchanges at any second.

How could you not trust CNBC and anonymous sources