Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17419. (Read 26720462 times)
May 01, 2017, 05:32:52 AM
Its hard to get bitcoin nowadays, it helps the price to go up
May 01, 2017, 04:57:26 AM
roach is the new jstolfi ... only fools, idiots and ideologues can remain wrong in the face of overwhelming evidence to the contrary ... they all have no shame.
I think your doing a bit of injustice to jstolfi, at least he wasn't a raving racist maniac
May 01, 2017, 04:45:43 AM
Good morning gentlemen, $1360 is nice to see when checking the price today. We're moving in the right direction right now, hopefully it's only a matter of time until we break into the $1400's.
On some exchanges we already have. It's super weird how GDAX is already into the $1400s - it's really hard to tell where the price actually is, we'd have to consider one exchange at a time.I think most people (European & US) use BitStamp as a guide to what the actual price is. I've always used Stamp any way.
May 01, 2017, 04:26:48 AM
Good morning gentlemen, $1360 is nice to see when checking the price today. We're moving in the right direction right now, hopefully it's only a matter of time until we break into the $1400's.
On some exchanges we already have. It's super weird how GDAX is already into the $1400s - it's really hard to tell where the price actually is, we'd have to consider one exchange at a time. May 01, 2017, 04:03:39 AM
Good morning gentlemen, $1360 is nice to see when checking the price today. We're moving in the right direction right now, hopefully it's only a matter of time until we break into the $1400's.
May 01, 2017, 03:39:56 AM
May 01, 2017, 03:22:41 AM
Cheap coins out there
May 01, 2017, 03:10:41 AM
What the hell is going on there I wonder?
New money coming in.These people have to buy BTC to get some shitcoins. Others are taking some profits from alts and shift it into BTC.Looks like nobody really wants to leave crypto.When that alt bubble pops, and it will sooner or later, this could be a massive slingshot for BTC.
Found a great post on reddit as well which imo explains the situation pretty good.
Quote
Lots of people are buying btc with fiat in order to buy alts to keep for long term. Most alts in most places can't be bought directly. They have to go through BTC, generating demand for BTC.
After generating 5-10x returns on alts in the last few months, many other alt traders are cashing out to BTC thinking it's more stable than the alts in bubble. They don't want to get out of crypto entirely, but want to reduce risk. This also generates demand for BTC.
Another group of people relaized that there are multiple scaling solutions competing for dominance within the Bitcoin ecosystem. They are taking the chance to get in early before the solution has been clarified. Even though the price is slowly rising, there is a proverbial civil war blood on the streets. This is a buy signal for the smart money.
People are learning about the scaling issues and possible solutions from the media. For example there was a great article in New Scientist this week, mentioning segwit and LN.
Finally, less people want to sell now, no matter at which level they bought in. The profits are too low to cash out, and there is a promise for BTC to go beyond 2K within reasonable time. Once we reach that magic number we will see more sellers, but we will see more media hype too.
After generating 5-10x returns on alts in the last few months, many other alt traders are cashing out to BTC thinking it's more stable than the alts in bubble. They don't want to get out of crypto entirely, but want to reduce risk. This also generates demand for BTC.
Another group of people relaized that there are multiple scaling solutions competing for dominance within the Bitcoin ecosystem. They are taking the chance to get in early before the solution has been clarified. Even though the price is slowly rising, there is a proverbial civil war blood on the streets. This is a buy signal for the smart money.
People are learning about the scaling issues and possible solutions from the media. For example there was a great article in New Scientist this week, mentioning segwit and LN.
Finally, less people want to sell now, no matter at which level they bought in. The profits are too low to cash out, and there is a promise for BTC to go beyond 2K within reasonable time. Once we reach that magic number we will see more sellers, but we will see more media hype too.
May 01, 2017, 02:57:23 AM
Another all time high? I guess we'll be in the funny papers again soon. I don't know how to feel about this much winning.
Edit:
Edit:
Another? Nahhh... It's almost the SAME ATH of the last time. We need to start considering something like $100 from previous ATH to really call it an ATH. Maybe very soon though.
May 01, 2017, 02:54:42 AM
Where to see the current number of longs Vs shorts? Always fun to see the bears burn.
https://www.bfxdata.com/positions/btcusd
17k shorts (all red) to 10k longs (all green). 7k outstanding difference between them.
Burn the shorts with fire!
edit: can people stop quoting roach, please? He had a point, a very long time ago, I don't think it changed at all and really, there's no need to re-read it every other post. Thx!
May 01, 2017, 02:43:13 AM
$1420.00 on GDAX...
A $100 spread between GDAX and BTCE and $300 spread between Finex and China means we're in some type of MtGox scam territory. These types of enormous spreads have never been seen before post-Gox. The people who run these exchanges are complete dirtbags that will insider trade against customers because there's no laws stopping them. It was pathetic that the second Bitfinex shuts off it's withdrawals, it seemed like the people running the exchange believed that was the perfect moment to attempt to do some complete non-aggregate market pump to margin call all their own customers LOL.
I would also be pissed if I had cash sitting on that exchange and they tell me, "Hey wer'e shutting off withdrawals. Have fun buying coins $100-$300 over market rate just to get your money out of here while we allow our insider trading team to force you to buy at the highest top dollar possible." Everything about this market is a complete scam right now, and as usual, all revolving around Bitfinex. The men who can make $60 million disappear into thin air.
May 01, 2017, 02:01:47 AM
Wish this would happen with finex trading for real dollars
May 01, 2017, 01:11:50 AM
Where to see the current number of longs Vs shorts? Always fun to see the bears burn.
Awww, c'mon. Bears are so cute.
Just not very bright.
May 01, 2017, 01:09:06 AM
Well..EVERYTHING is frigging up? Alts/BTC/LTC etc (even my dubious 2016 1btc at $650 into LISK)
So is this just a setup for a 'face plant' or moon launch?
(Too wierd...still holding but parts of me are starting to 'pucker' with the stress)
weird as F*ch thou imho
So is this just a setup for a 'face plant' or moon launch?
(Too wierd...still holding but parts of me are starting to 'pucker' with the stress)
weird as F*ch thou imho
May 01, 2017, 01:04:03 AM
Where to see the current number of longs Vs shorts? Always fun to see the bears burn.
April 30, 2017, 11:21:15 PM
Another all time high? I guess we'll be in the funny papers again soon. I don't know how to feel about this much winning.
Edit:
Edit:
Another? Nahhh... It's almost the SAME ATH of the last time. We need to start considering something like $100 from previous ATH to really call it an ATH. Maybe very soon though.
Fine.
April 30, 2017, 11:14:47 PM
Another all time high? I guess we'll be in the funny papers again soon. I don't know how to feel about this much winning.
Edit:
Edit:
Another? Nahhh... It's almost the SAME ATH of the last time. We need to start considering something like $100 from previous ATH to really call it an ATH. Maybe very soon though.
April 30, 2017, 11:04:44 PM
Another all time high? I guess we'll be in the funny papers again soon. I don't know how to feel about this much winning.
Edit:
Edit:
April 30, 2017, 11:00:53 PM
According to Google, 1 bitcoin is now worth $1947CAD.
Those rungs up the ladder are getting closer together.
Those rungs up the ladder are getting closer together.
April 30, 2017, 10:56:50 PM
It's really not. I said months ago bitcoin was probably going to hit a wall once transaction fees got to around $1-2, and it got pretty damn close to that already. This is why alts are getting such action and why LTC with segwit passing will probably outperform btc gains for the time being if people are going to let bitcoin sit at 4 TPS forever. It requies scaling and probably needs a critical threshold of at least 50 TPS to survive at all.
I do totally agree that Bitcoin needs scaling to really grow. In current situation I think the probability of Bitcoin solving the scaling thing by activating Segwit in the near future (maybe even before end of year) is going higher (not talking about CURRENT signaling, thats BUllshit).
In the meantime, it can perfectly reach 1500-2000.
And it needs way more than 50TPS to really grow as intended. Fortunately that is solved with Segwit+LN.
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