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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15610. (Read 26610773 times)

full member
Activity: 242
Merit: 101
http://www.businesswire.com/news/home/20171204005288/en/Hut-8-Partners-Bitfury-Group-Establish-North
Quote
VANCOUVER, British Columbia--(BUSINESS WIRE)--Hut 8 Mining Corp. (“Hut 8”) today announced it is partnering with the Bitfury Group (“Bitfury”) to acquire, install, maintain and operate North America’s largest bitcoin mining datacenters


sr. member
Activity: 392
Merit: 254
A short squeeze would be delightful.

Are we sure it isn't them that's been running us up? In preparation for the big short?
hero member
Activity: 952
Merit: 552
Nice Bitcoin talk on: "CrossTalk: Bitcoin Fever!"

https://www.youtube.com/watch?v=zo6RopWuBlU

Are we rich yet??  Grin
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
A short squeeze would be delightful.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
The current dampened price movement seems a bit off
sr. member
Activity: 392
Merit: 254
does it feel to you guys like some immanent fireworks?

waiting for the bazinga effect. any minute now
legendary
Activity: 2016
Merit: 1259
But that's the thing with these.  Does someone want to buy a lot of coin and not move the market prices?  Or does the wall encourage an upward trend since it is well, a wall?  Or rather, downward pressure for tons of people to sell into and it can maybe hold?  Or... all of the above?!
Large walls are sometimes just manipulative, and will be pulled when challenged.  Especially if they are on margin, and just being used to herd the sheep. 
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
does it feel to you guys like some immanent fireworks?
newbie
Activity: 19
Merit: 0
But that's the thing with these.  Does someone want to buy a lot of coin and not move the market prices?  Or does the wall encourage an upward trend since it is well, a wall?  Or rather, downward pressure for tons of people to sell into and it can maybe hold?  Or... all of the above?!
sr. member
Activity: 392
Merit: 254
idk man. I'm so used to someone periodically trying to troll me out of coins, maybe I see things that aren't there.
But that "it could even reach $100k" comment was too much for me. If Jamie Dimon isn't currently knee deep in coins, I'd be surprised.

He said very early on that his daughter had bought some. 

You think I'm paranoid

You all think I'm paranoid

And now the bloody NSA is here

Watching me
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
idk man. I'm so used to someone periodically trying to troll me out of coins, maybe I see things that aren't there.
But that "it could even reach $100k" comment was too much for me. If Jamie Dimon isn't currently knee deep in coins, I'd be surprised.

He said very early on that his daughter had bought some. 
sr. member
Activity: 392
Merit: 254
idk man. I'm so used to someone periodically trying to troll me out of coins, maybe I see things that aren't there.
But that "it could even reach $100k" comment was too much for me. If Jamie Dimon isn't currently knee deep in coins, I'd be surprised.
sr. member
Activity: 406
Merit: 361
So now we know the real reason why a smart guy like Jamie Dimon hates Bitcoin so much!

Look out Zuck - you are next - 500k incomming!


https://twitter.com/MacroScope17/status/937472979553972224

legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
Last one:

https://twitter.com/parabolictrav/status/936770842075152386

Quote
Parabolic Trav‏ @parabolictrav

Entering the first target box. Watching the weekly to confirm no reversal by Sunday. If we end Sunday well, I expect we repeat this weeks performance next week. We're in the parabolic feedback loop and it doesn't stop until it implodes.



finally, a sober, responsible treatment of our situation

I think I like this Trav guy
sr. member
Activity: 406
Merit: 361
So by settled it means they have to either buy or sell real bitcoin. Otherwise it's just a way for people to just drive prices based on complete fantasy (as opposed to actually having to buy bitcoin for example)

Hm.

No - cash settled. They are betting on the price index. Like the weather futures where they bet on the temperature and what not.

Not quite like the weather, they can not make it snow out of the clear blue sky, but they will certainly have some BTC on the exchanges to defend their bets. Volatility will go through the roof. In the long term honey badger don't care, but we will see some spectacular action, that is for sure.

I'm not sure if volatility will go up or down - let's see.

It will be interesting to see what the volume numbers are and how it stacks up against the top exchanges.
legendary
Activity: 1974
Merit: 1077
Honey badger just does not care
So by settled it means they have to either buy or sell real bitcoin. Otherwise it's just a way for people to just drive prices based on complete fantasy (as opposed to actually having to buy bitcoin for example)

Hm.

No - cash settled. They are betting on the price index. Like the weather futures where they bet on the temperature and what not.

Not quite like the weather, they can not make it snow out of the clear blue sky, but they will certainly have some BTC on the exchanges to defend their bets. Volatility will go through the roof. In the long term honey badger don't care, but we will see some spectacular action, that is for sure.
sr. member
Activity: 406
Merit: 361
Little bit of movement, honey badger stirring??

He must have had a big night or still has snake venom in his system that needs to clear out. He'll be on the rampage again soon.
member
Activity: 222
Merit: 24
Little bit of movement, honey badger stirring??
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