But bitcoin does not sleep so it will move on a whim at anytime of the day and no matter what day of the week it seems.
No news is good news but still.
Why back down at $10700 again?
Does not make much sense.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15621. (Read 26610008 times)
December 03, 2017, 04:46:28 PM
It is weird to see it at $11700 this morning and now slide of $1000 for no reason and it is a weekend where nobody works.
But bitcoin does not sleep so it will move on a whim at anytime of the day and no matter what day of the week it seems.
No news is good news but still.
Why back down at $10700 again?
Does not make much sense.
But bitcoin does not sleep so it will move on a whim at anytime of the day and no matter what day of the week it seems.
No news is good news but still.
Why back down at $10700 again?
Does not make much sense.
December 03, 2017, 04:45:23 PM
unimpressive
December 03, 2017, 04:44:59 PM
Most provocative statement therein:
Quote
As JPM explains, "high trading volumes or market cap does not mean that the net flow directed into cryptocurrencies has been equally big."
Here is the bank's punchline: "The net flow into cryptocurrencies is very much a function of coin creation which is controlled by computer algorithms and in the case of bitcoin is diminishing over time. Figure 6 shows the net amount of money invested every year since 2009. The cumulative amount has totaled around $6bn since 2009, well below the current market cap of $300bn."
Here is the bank's punchline: "The net flow into cryptocurrencies is very much a function of coin creation which is controlled by computer algorithms and in the case of bitcoin is diminishing over time. Figure 6 shows the net amount of money invested every year since 2009. The cumulative amount has totaled around $6bn since 2009, well below the current market cap of $300bn."
I get that the market cap is not a measure of the sum total of fiat spent to purchase Bitcoin. But $6B? That low? Seems off by an order of magnitude to me, but I'm just pulling a feeling outta my ass. I also get that this figure is courtesy of JPM themselves. Anyone know of an independent source for this statistic?
December 03, 2017, 04:44:54 PM
Aaaand bounce.
December 03, 2017, 04:44:40 PM
Quote from: TERA2
Holy crap woke up and my stop was hit at 11400
Hey Tera out of curiousity did you get out at 11400 or have slippage?
Thanks - deleted my prior post because I screwed up the formatting. Did you pick 11,400 as resistance point for the stop?
December 03, 2017, 04:44:08 PM
Looks like a the Mr Wall at $12000 sodled some and more evenly redistributed his asks. Bcash costs around $2.8MM in real electricity costs to run daily 
wanna see them pump it again trying to keep up to BTC so their daily costs top $5MM 
wanna see them pump it again trying to keep up to BTC so their daily costs top $5MM 
December 03, 2017, 04:43:32 PM
Quote from: TERA2
Holy crap woke up and my stop was hit at 11400
Hey Tera out of curiousity did you get out at 11400 or have slippage?
Thanks - deleted my prior post because I screwed up the formatting. Did you pick 11,400 as resistance point for the stop?
December 03, 2017, 04:41:33 PM
Quote from: TERA2
Holy crap woke up and my stop was hit at 11400
Hey Tera out of curiousity did you get out at 11400 or have slippage?
December 03, 2017, 04:41:22 PM
any reason for the $1000 bitcoin drop or just bitcoin being bitcoin?
just bitcoin being bitcoin.....
December 03, 2017, 04:39:43 PM
Time to BTFD...
December 03, 2017, 04:37:41 PM
any reason for the $1000 bitcoin drop or just bitcoin being bitcoin?
Bitcoin traders: "why sell bitcoin at 11800 when you can sell it under 10800. I hate making an extra $1000"
Bitcoin traders: "why sell bitcoin at 11800 when you can sell it under 10800. I hate making an extra $1000"
we found satoshi :-D lol
December 03, 2017, 04:37:36 PM
So has anyone here actually treated themselves to anything after passing an arbitrary milestone?
http://50years-u87.neumann.com/ - Fucking Rhodium Plated !!!
https://www.sweetwater.com/store/detail/VT737SP
Just had a nice bottle of Borolo and am about to cork another beautiful little bottle I was given by someone incredibly generously last week.
I could get used to this.
December 03, 2017, 04:35:28 PM
any reason for the $1000 bitcoin drop or just bitcoin being bitcoin?
Bitcoin traders: "why sell bitcoin at 11800 when you can sell it under 10800. I hate making an extra $1000"
Bitcoin traders: "why sell bitcoin at 11800 when you can sell it under 10800. I hate making an extra $1000"
December 03, 2017, 04:34:07 PM
December 03, 2017, 04:33:29 PM
Holy crap woke up and my stop was hit at 11400
December 03, 2017, 04:33:17 PM
down to 10.5k is my guess
9500 now :-D sweet!
December 03, 2017, 04:32:37 PM
Ooo I see red.
December 03, 2017, 04:31:04 PM
down to 10.5k is my guess
December 03, 2017, 04:30:22 PM
max keiser calling $1OOO btc :-D weeee
December 03, 2017, 04:29:55 PM
A splendid good morning ladies and genitalmen of Bitcoinland.
Genitalmen?
Quote
Perhaps continuing the theme in some manner:
Who knew?
I think bear arguments are getting weaker and weirder
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