Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17630.

bones261

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Quote from: r0ach on March 11, 2017, 06:24:02 PM

Quote from: bones261 on March 11, 2017, 06:16:10 PM

The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. Grin

The bankers changed the exchange rules on the Super Hunt Brothers on the fly and basically forced them to liquidate their positions, selling all of their silver instead of buying more.

Oh well, I lost when that whole deal went down. I was keeping the silver quarter that I bought in my pocket and accidentally used it to play Pac-Man.

https://www.youtube.com/watch?v=5CsyGe4F8CQ

r0ach

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Quote from: marcus_of_augustus on March 11, 2017, 07:28:37 PM

Feels like a big disconnect between trader's "sentiment" and the external market here to me.

I think traders got overly focused (obsessed even) with the wtf ETF because it was 'their thing', Wall St., big bucks, yada yada yada, etc BS. So price has been dominated by trader's sentiment towards ETF thinking since at least mid December .... meanwhile the physical market on the street in India, Japan, China, Asia, Brazil, S. America, UK Europe, USA, etc has been picking up some serious exponential growth steam, look at wallet adoption numbers, s/ware downloads, localbitcoins.com.

Just saying you guys might be missing the woods for the trees. Try not to get run over by the bitcoin moon train when scalping your trading card pennies up off the track ...

You gotta be joking. The market equilibrium price was $1200 before ETF rejection, so ETF rejection is only a 1.7% drop from the pump price while the ETF pump to go from $1000 to $1200 was a 20% rise? Yea right. This market is trading like the DOW right now, artificially levitated.

Jimbola3

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Quote from: Killerpotleaf on March 11, 2017, 08:31:25 PM

i always underestimate the magical unicorn effect Cry

So are these people who didn't get in on bitcoin during the etf hype that it was, only think BTC is just unicorn money because they are on the outside looking in? Undecided

Killerpotleaf

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i always underestimate the magical unicorn effect Cry

Killerpotleaf

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Quote from: marcus_of_augustus on March 11, 2017, 08:20:27 PM

Quote from: Killerpotleaf on March 11, 2017, 07:44:22 PM

Quote from: marcus_of_augustus on March 11, 2017, 07:28:37 PM

Feels like a big disconnect between trader's "sentiment" and the external market here to me.

I think traders got overly focused (obsessed even) with the wtf ETF because it was 'their thing', Wall St., big bucks, yada yada yada, etc BS. So price has been dominated by trader's sentiment towards ETF thinking since at least mid December .... meanwhile the physical market on the street in India, Japan, China, Asia, Brazil, S. America, UK Europe, USA, etc has been picking up some serious exponential growth steam, look at wallet adoption numbers, s/ware downloads, localbitcoins.com.

Just saying you guys might be missing the woods for the trees. Try not to get run over by the bitcoin moon train when scalping your trading card pennies up off the track ...

the question now is, can the market support these prices without this "ETF coming Soon^TM" bullishness.

i'm betting that it can't, and we in for a sizeable drop, probably Below 1000$.. i'm looking forward to a more reasonable 950

maybe you're asking the wrong question and therefore betting not only on the wrong pony but the wrong race at the wrong track?

what if the question actually is, how much has the ETF deadline anticipation held bitcoin price growth below the adoption/halving trend it had been on for the previous 12 months?

you're suggesting that the upcoming ETF was a weight on the market that has now been lifted!?!

thats just nutty... i can't accept this line of reasoning as sensible or valid.

marcus_of_augustus

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Eadem mutata resurgo

Quote from: Killerpotleaf on March 11, 2017, 07:44:22 PM

Quote from: marcus_of_augustus on March 11, 2017, 07:28:37 PM

Feels like a big disconnect between trader's "sentiment" and the external market here to me.

I think traders got overly focused (obsessed even) with the wtf ETF because it was 'their thing', Wall St., big bucks, yada yada yada, etc BS. So price has been dominated by trader's sentiment towards ETF thinking since at least mid December .... meanwhile the physical market on the street in India, Japan, China, Asia, Brazil, S. America, UK Europe, USA, etc has been picking up some serious exponential growth steam, look at wallet adoption numbers, s/ware downloads, localbitcoins.com.

Just saying you guys might be missing the woods for the trees. Try not to get run over by the bitcoin moon train when scalping your trading card pennies up off the track ...

the question now is, can the market support these prices without this "ETF coming Soon^TM" bullishness.

i'm betting that it can't, and we in for a sizeable drop, probably Below 1000$.. i'm looking forward to a more reasonable 950

maybe you're asking the wrong question and therefore betting not only on the wrong pony but the wrong race at the wrong track?

what if the question actually is, how much has the ETF deadline anticipation held bitcoin price growth below the adoption/halving trend it had been on for the previous 12 months?

Torque

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Quote from: bones261 on March 11, 2017, 08:10:09 PM

Quote from: Torque on March 11, 2017, 07:57:21 PM

Quote from: r0ach on March 11, 2017, 06:24:02 PM

Quote from: bones261 on March 11, 2017, 06:16:10 PM

The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. Grin

The bankers changed the exchange rules on the Super Hunt Brothers on the fly and basically forced them to liquidate their positions, selling all of their silver instead of buying more.

From what I understand, they were trying to corner the silver market using excessive leverage. The banks changed the rules out of the blue regarding margin, eventually forcing a margin call.

So what have we learned? Welp, that's "regulation" for ya folks. And people really wanted this Bitcoin ETF thing to happen? Pfff. I think Bitcoin would be better off without "regulation".

bones261

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Quote from: Torque on March 11, 2017, 07:57:21 PM

Quote from: r0ach on March 11, 2017, 06:24:02 PM

Quote from: bones261 on March 11, 2017, 06:16:10 PM

The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. Grin

The bankers changed the exchange rules on the Super Hunt Brothers on the fly and basically forced them to liquidate their positions, selling all of their silver instead of buying more.

From what I understand, they were trying to corner the silver market using excessive leverage. The banks changed the rules out of the blue regarding margin, eventually forcing a margin call.

So what have we learned? Welp, that's "regulation" for ya folks. And people really wanted this Bitcoin ETF thing to happen? Pfff. I think Bitcoin would be better off without "regulation".

r0ach

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Activity: 1260

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Quote from: Torque on March 11, 2017, 07:57:21 PM

Quote from: r0ach on March 11, 2017, 06:24:02 PM

Quote from: bones261 on March 11, 2017, 06:16:10 PM

The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. Grin

The bankers changed the exchange rules on the Super Hunt Brothers on the fly and basically forced them to liquidate their positions, selling all of their silver instead of buying more.

From what I understand, they were trying to corner the silver market using excessive leverage. The banks changed the rules out of the blue regarding margin, eventually forcing a margin call.

So what have we learned? Welp, that's "regulation" for ya folks. And people really wanted this Bitcoin ETF thing to happen? Pfff. I think Bitcoin would be better off without "regulation".

This isn't really true. The Hunt brothers weren't a couple of jews trying to pump and dump silver, they were trying to bring back hard money in general. They knew the price of silver was manipulated far lower than it should be and tried to break the bank so to speak. Bankers changed the rules on the fly to liquidate their accounts. It seems the only people who are allowed to break the bank are guys like...(((George Soros))).

Killerpotleaf

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A Blockchain Mobile Operator With Token Rewards

Quote from: leowonderful on March 11, 2017, 07:51:56 PM

Quote from: Killerpotleaf on March 11, 2017, 07:44:22 PM

Quote from: marcus_of_augustus on March 11, 2017, 07:28:37 PM

Feels like a big disconnect between trader's "sentiment" and the external market here to me.

I think traders got overly focused (obsessed even) with the wtf ETF because it was 'their thing', Wall St., big bucks, yada yada yada, etc BS. So price has been dominated by trader's sentiment towards ETF thinking since at least mid December .... meanwhile the physical market on the street in India, Japan, China, Asia, Brazil, S. America, UK Europe, USA, etc has been picking up some serious exponential growth steam, look at wallet adoption numbers, s/ware downloads, localbitcoins.com.

Just saying you guys might be missing the woods for the trees. Try not to get run over by the bitcoin moon train when scalping your trading card pennies up off the track ...

the question now is, can the market support these prices without this "ETF coming Soon^TM" bullishness.

i'm betting that it can't, and we in for a sizeable drop, probably Below 1000$.. i'm looking forward to a more reasonable 950

Well the worst is likely over, the big selloff was the bulk of it but there might be smaller dips later here and there. I'm betting we'll drop right back down again to 1000 once we poke around 1250 if we even get there or even lower.

the sell off was the bets being placed. now we wait and see if the bets are winners.

Torque

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Quote from: r0ach on March 11, 2017, 06:24:02 PM

Quote from: bones261 on March 11, 2017, 06:16:10 PM

The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. Grin

The bankers changed the exchange rules on the Super Hunt Brothers on the fly and basically forced them to liquidate their positions, selling all of their silver instead of buying more.

From what I understand, they were trying to corner the silver market using excessive leverage. The banks changed the rules out of the blue regarding margin, eventually forcing a margin call.

So what have we learned? Welp, that's "regulation" for ya folks. And people really wanted this Bitcoin ETF thing to happen? Pfff. I think Bitcoin would be better off without "regulation".

leowonderful

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Activity: 1624

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Bitcoin FTW!

Quote from: Killerpotleaf on March 11, 2017, 07:44:22 PM

Quote from: marcus_of_augustus on March 11, 2017, 07:28:37 PM

Feels like a big disconnect between trader's "sentiment" and the external market here to me.

I think traders got overly focused (obsessed even) with the wtf ETF because it was 'their thing', Wall St., big bucks, yada yada yada, etc BS. So price has been dominated by trader's sentiment towards ETF thinking since at least mid December .... meanwhile the physical market on the street in India, Japan, China, Asia, Brazil, S. America, UK Europe, USA, etc has been picking up some serious exponential growth steam, look at wallet adoption numbers, s/ware downloads, localbitcoins.com.

Just saying you guys might be missing the woods for the trees. Try not to get run over by the bitcoin moon train when scalping your trading card pennies up off the track ...

the question now is, can the market support these prices without this "ETF coming Soon^TM" bullishness.

i'm betting that it can't, and we in for a sizeable drop, probably Below 1000$.. i'm looking forward to a more reasonable 950

Well the worst is likely over, the big selloff was the bulk of it but there might be smaller dips later here and there. I'm betting we'll drop right back down again to 1000 once we poke around 1250 if we even get there or even lower.

Killerpotleaf

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A Blockchain Mobile Operator With Token Rewards

Killerpotleaf

sr. member

Activity: 812

Merit: 250

A Blockchain Mobile Operator With Token Rewards

Quote from: marcus_of_augustus on March 11, 2017, 07:28:37 PM

Feels like a big disconnect between trader's "sentiment" and the external market here to me.

I think traders got overly focused (obsessed even) with the wtf ETF because it was 'their thing', Wall St., big bucks, yada yada yada, etc BS. So price has been dominated by trader's sentiment towards ETF thinking since at least mid December .... meanwhile the physical market on the street in India, Japan, China, Asia, Brazil, S. America, UK Europe, USA, etc has been picking up some serious exponential growth steam, look at wallet adoption numbers, s/ware downloads, localbitcoins.com.

Just saying you guys might be missing the woods for the trees. Try not to get run over by the bitcoin moon train when scalping your trading card pennies up off the track ...

the question now is, can the market support these prices without this "ETF coming Soon^TM" bullishness.

i'm betting that it can't, and we in for a sizeable drop, probably Below 1000$.. i'm looking forward to a more reasonable 950

savetherainforest

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Activity: 1876

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Quote from: swogerino on March 11, 2017, 06:06:52 PM

Quote from: Ibian on March 11, 2017, 05:45:39 PM

Quote from: r0ach on March 11, 2017, 05:35:13 PM

Quote from: Ibian on March 11, 2017, 05:32:13 PM

Quote from: r0ach on March 11, 2017, 05:28:57 PM

Quote from: Killerpotleaf on March 11, 2017, 05:18:18 PM

dip buyers:
this dip buying is Cute, but dont expect a magical unicorn to buy it back up over 1350 once your done.

Almost feels like bots are trading like that $1350 number was actually real.

...it was.

It was so real this song began playing right as it happened:

http://www.youtube.com/watch?v=VcXV1Pm77h4

I don't know what that means.

You gotz to be jokin'! Cheesy

Go watch Wolf on Wall Street my man! Cool

I can just hear him sayin' : Alright, Alright, Alright! Grin

https://youtu.be/FlaC0ZFcGrI

https://www.youtube.com/watch?v=7TazQv8gLF4

Cheesy

Fairy dust! .. exactly! Tongue

marcus_of_augustus

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Activity: 3920

Merit: 2349

Eadem mutata resurgo

Feels like a big disconnect between trader's "sentiment" and the external market here to me.

I think traders got overly focused (obsessed even) with the wtf ETF because it was 'their thing', Wall St., big bucks, yada yada yada, etc BS. So price has been dominated by trader's sentiment towards ETF thinking since at least mid December .... meanwhile the physical market on the street in India, Japan, China, Asia, Brazil, S. America, UK Europe, USA, etc has been picking up some serious exponential growth steam, look at wallet adoption numbers, s/ware downloads, localbitcoins.com.

Just saying you guys might be missing the woods for the trees. Try not to get run over by the bitcoin moon train when scalping your trading card pennies up off the track ...

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: Mahdi0 on March 11, 2017, 01:22:20 PM

FUCK THE ETF!

New ATH coming at ya this month or soon after. Better for all of us that this wall street bullshit did not screw things up for BTC in the long haul

They can't regulate BTCiTcoin anyway... that is their problem!

ATH would have failed!... Because mostly everyone would have bought the real thing!(in spite of the ATH existance)... Meaning that their rigged paper market attempt with the ATH was just to store value in a place with a rigged system and keep a stable value!... even when the real trades of bitcoin where going down! Meaning that it was a "safe haven" for them to park their money!

And they basically being "vampire feeders" of a stable currency, while the others where crashing!

But the problem stands that when they talk a big game about big amounts! No one will want their 'fake' monopoly money that are just numbers on the screen when the big deals will take place. Because they are still dependable on their banking vulnerabilities that no amount of money would be recoverable when the system fails. Meaning the fake banking system will drag everything with them that is remotely related to them in any way, shape or form... including all the mainstream "money" (allegedly: dollar, euro, etc...) and their paper gambling game rigging that is in the gold / silver or maybe bitcoin as well, and everything... has the same value! (that value being : *worthless!* )

r0ach

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Quote from: bones261 on March 11, 2017, 06:16:10 PM

The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. Grin

The bankers changed the exchange rules on the Super Hunt Brothers on the fly and basically forced them to liquidate their positions, selling all of their silver instead of buying more.

Karartma1

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Quote from: becoin on March 11, 2017, 03:13:20 PM

Quote from: r0ach on March 11, 2017, 02:24:23 PM

so bitcoin does not, and probably never will, fit into any existing legal system.

Math doesn't need to fit into legal systems. Legal systems need to fit into Math!

Agreed

It’s like asking why is Ludwig van Beethoven’s Ninth Symphony beautiful. If you don't see why, someone can't tell you. I know numbers are beautiful. If they aren't beautiful, nothing is.
Paul Erdos

bones261

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Quote from: Torque on March 11, 2017, 06:09:15 PM

Quote from: r0ach on March 11, 2017, 05:59:02 PM

Quote from: Torque on March 11, 2017, 05:45:07 PM

can't rig the system to allow our crooked wealthy elite overlords to corner the market and screw over the masses"

Except by just printing some fiat, buying a bunch of miners (which isn't decentralized), then keep parlaying the profits of those miners into infinity like every miner already does? PoW is mostly externalized proof of stake in practice.

So the wealthy elite can't just print money and buy up all of what little Gold there is on the planet? Or hell, do they even need to prove that they actually bought it in the first place?

The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. Grin

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17630. (Read 26713452 times)