Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15557.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: realr0ach on December 07, 2017, 11:25:25 PM

There's some extreme delusion in this thread. The dollar cost average of coins that the jew banks hold is lower than the vast majority of people in this thread...and they probably own 1/2 to 3/4ths of Crapthereum. They're all massively hedged in this garbage long ago.

Haha. You are the ultimate troll.

I bet Roach has over 1000btc and just trolls for fun.

Otherwise its a fucking sad story.

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

There's some extreme delusion in this thread. The dollar cost average of coins that the jew banks hold is lower than the vast majority of people in this thread...and they probably own 1/2 to 3/4ths of Crapthereum. They're all massively hedged in this garbage long ago.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: jojo69 on December 07, 2017, 11:17:20 PM

Quote from: Elwar on December 07, 2017, 11:08:46 PM

So...some of us remember the early days when someone with a good chunk of money, like $10-50k could come in and move the market around and we saw a lot of volatility and watched as the walls moved things up and down (hence a thread to watch those walls).

The response to such volatility was that as the market grew such small amounts wouldn't be able to manipulate the market and things would stabilize. But now we have financial firms and big time investment companies coming in doing the things that the small whales did in the early days.

The same response to the volatility holds true, eventually the market cap will be so big that even those big firms can't move the price very much.

Then come full nation states trying to move the price.

then we win?

The only reason nation states would want to manipulate the bitcoin price is because they have a lot of bitcoins.

Like how they manipulate gold prices.

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

Quote from: HairyMaclairy on December 07, 2017, 10:34:04 PM

Ok brother - understood and good luck in this great game.

Don't mind him, he pulls the poor boy routine every pump. Thinks we'll ply him with sympathy riches. Undecided

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

And congrats to all the new quarter-millionaires. You're great!

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: jojo69 on December 07, 2017, 11:17:20 PM

Quote from: Elwar on December 07, 2017, 11:08:46 PM

So...some of us remember the early days when someone with a good chunk of money, like $10-50k could come in and move the market around and we saw a lot of volatility and watched as the walls moved things up and down (hence a thread to watch those walls).

The response to such volatility was that as the market grew such small amounts wouldn't be able to manipulate the market and things would stabilize. But now we have financial firms and big time investment companies coming in doing the things that the small whales did in the early days.

The same response to the volatility holds true, eventually the market cap will be so big that even those big firms can't move the price very much.

Then come full nation states trying to move the price.

then we win?

no not really, they have guns, tanks and jet bombers Undecided

you will just need to happily pay your tax then all should be good.

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: Elwar on December 07, 2017, 11:08:46 PM

So...some of us remember the early days when someone with a good chunk of money, like $10-50k could come in and move the market around and we saw a lot of volatility and watched as the walls moved things up and down (hence a thread to watch those walls).

The response to such volatility was that as the market grew such small amounts wouldn't be able to manipulate the market and things would stabilize. But now we have financial firms and big time investment companies coming in doing the things that the small whales did in the early days.

The same response to the volatility holds true, eventually the market cap will be so big that even those big firms can't move the price very much.

Then come full nation states trying to move the price.

then we win?

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Torque on December 07, 2017, 09:32:17 AM

Quote from: 600watt on December 07, 2017, 09:21:26 AM

made more while typing this post than working an entire ~~week~~ ~~month~~wtf YEAR?!?!?! that can´t be true

Imagine how the truly wealthy elite like Warren Buffett feel, when a 1+% swing in the stock market means he just made $40M (I just made this number up, but you get the point).

Or even guys like Tim Draper or the WinkleVoss twins. 2-3% swings in Bitcoin are millions to them.

I think that several of us are on a similar page, and we are starting to get more personalized feelings for that.

If your portfolio goes from swinging $100s of dollars in a day to thousands to tens of thousands to hundreds of thousands, these matters become more and more relatable, even if you do no have millions or tens of millions of changes, many of us are coming closer to that.. and if you have had anywhere the 200 coins or above, you have already experienced an upwards swing of a million in a few days.
... even if you "ONLY" had 100 coins, you still have more than half a million swing in a few days.

And congrats to all 60 or more coin holders for touching upon bitcoin millionnaire status today... hopefully prices will continue in that upwards direction.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

It looks like last night we went through the full bubble cycle in like 6 hours, including return to the mean (on GDAX).

ForeverSmall

newbie

Activity: 36

Merit: 0

Wall is crazy to bring the bitcoin into worldwide it make bitcoin grow too fast and no one can't control it now like a ballon it will blow it sometime in the future but not know in 1 year or 100 years

)

criptix

legendary

Activity: 2464

Merit: 1145

OK lets get back to serious business...

WHO IS BUYING? Grin

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

So...some of us remember the early days when someone with a good chunk of money, like $10-50k could come in and move the market around and we saw a lot of volatility and watched as the walls moved things up and down (hence a thread to watch those walls).

The response to such volatility was that as the market grew such small amounts wouldn't be able to manipulate the market and things would stabilize. But now we have financial firms and big time investment companies coming in doing the things that the small whales did in the early days.

The same response to the volatility holds true, eventually the market cap will be so big that even those big firms can't move the price very much.

Then come full nation states trying to move the price.

Punisher13142

newbie

Activity: 22

Merit: 0

Quote from: MNDan on December 07, 2017, 10:39:55 PM

Looks like BCash is getting a tiny pump - coincidence?

Ver's last try to pump the trashcoin above 0.1 i think Cheesy

. It caused a ridicolous correction in the btc market, lmao

MNDan

full member

Activity: 287

Merit: 101

What's with the overloaded mempool and high transaction fees? Looks like BCash is getting a tiny pump - coincidence?

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

BFX and Bitstamp taking some time off to smell the roses and enjoy the journey.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Ok brother - understood and good luck in this great game.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: bitserve on December 07, 2017, 10:13:03 PM

Quote from: HairyMaclairy on December 07, 2017, 10:05:43 PM

Don’t eat, buy a Trezor and get half of them off the exchange and into cold.

I think he meant $35 and not 35 BTC. It would make no sense for someone with 35BTC (probably a very-soon-to-be bitcoin millionaire) whining about his poor judgement/luck.

Yea, dollars. And... I mean the whole 2008 financial crisis certainly didn't help, but to say it's bad luck is just not true. I had mined about 20 btc, and then did the first group buy of usb asicminer block eruptors, which had me at 15 ghash in 2013...was like 3 btc a week for a bit there.

But I'd just made some dumb choices and said/not said/done things that lead to near homelessness unemployment. Didn't have a stable job again until 2015, so all the btc I had and was mining got spent and was gone before the 2013 bubble.

Ugh. I'll shut up now.

Imbatman

member

Activity: 85

Merit: 13

Quote from: Torque on December 07, 2017, 09:36:45 PM

So Cramer just admitted on cnbc that Bitcoin supply was a problem. Because it forces market makers to push the market as high as possible to "shake out more coins". But that's not happening. People aren't taking profits like they expected. He's worried that they'll have to push the Bitcoin market cap to $1T first before they start to see more supply hit the exchanges.

This is fkn hilarious. They can't just call up someone and whip up more stock shares (like they do when other equities launch!). He basically just revealed what everyone has been suspecting for a long time now, that the U.S. stock market is a complete fraud that only enriches the wealthy elites.

If anyone is looking for a good book, pick up A Conspiracy of Paper by David Liss. It's an excellent historical fiction novel centering around the beginnings of the London Stock Exchange circa 1795 and it draws parallels to current times.

Essentially it was propped up BS back then, and 220 years later -- absolutely nothing has changed.

I abhor Wall Street, and I know what they are trying to do here and hope they fail miserably. The ruin everything and add no value to this world.

RayX12

hero member

Activity: 952

Merit: 552

Man we are getting rich but the fucking MINERS are getting richer.. 210,000 unconfirmed transactions now.
Bitcoin fees are at 410 sat/byte. so avrg transaction of 226 bytes pays 0.00092 B = $15
Mempool is reaching all time high https://jochen-hoenicke.de/queue/#30d

All bullish indicators to $20 K and beyond!! Kiss