Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18147. (Read 26609871 times)

Craig Wright with 10% of all BTC


Bitcoin ?
Good decentralized coin.
Always ON ... and no problem.

 


India cut his ATM to delete the (big cut) cash in 2 days.
Egypte devaluate his money at 60%




Bitcoin ?
Always ON ... and no problem.

1. Oh god, the master troll is back. I was hoping that you left for good.  

2. Just saying this is not only non-sensical, but also just plain stupid. Also lack of smoking gun, hard evidence doesn't make what I'm saying false. Empirical evidence is plenty and aligns with common sense.

3. How about I tell you that all your silly, snide, circular ramblings amount to "close to nothing", hmmm?    

Yeah, but the substance of your assertion remains a kind of nonsense, even if you assert that you are attempting to battle a chinese controlling bitcoin nonsense.

Your assertions do not lend much evidence to the support that western prices are controlling... and yeah, you continue to put too much weight on the concept that "we are all being played, manipulated by a small number of hands."

In the end, we have multiple forces that are pushing BTC prices and sometimes, momentarily BTC prices are going to get stuck at various sticking points, but coincidentally getting stuck at various price points that seem to align with western numbers, rather than chinese numbers, is a kind of nonsense kind of pseudo-astrology.. that mean close to nothing.   
 

This seems to be a bit of a baloney theme (myth) that Tera wants to perpetuate.

Nonsense.


There is no "good ole days" in which walls were more grand and better and blah, blah, blah.

The fact of the matter is that today there are numerous exchanges, and a wall of 170k BTC is very similar to a wall of 2,500BTC today, in terms of fiat value, and who gives a ratt's ass if we actually see those kinds of walls, because today there is no real consensus regarding which exchanges lead price movement, and today, we have a bit more back and forth and dancing between which exchange(s) lead and which follow, and likely any whale who wants to attempt to manipulate prices has to spread out such influence because s/he is going to get r3ckt if attempting to manipulate prices from only one exchange. 

Likely also, with such uncertainties pertaining to who the fuck is leading, we have a better bitcoin market today than we had in late 2012 (more liquidity and more decentralization in spite of some of the understood phony shenanigans going on in several of the CNY/BTC exchanges - including at least okcoin, huobi and btcc)

TLDR:  I am not buying this idea of better "good ole days" blah, blah, blah.  We gots the days that we gots, and currently they are seeming pretty decent and even at times, better (based on at least overall liquidity improvements  and overall improvements in decentralization) than the past nostalgia.

Sure, it seems pretty likely that we are not going to get any kind of exact correlations between various traditional markets (whether USD based or some other fiat), because it seems to be becoming more and more apparent that bitcoin is functioning fairly clearly as a one of a kind new asset class.   Yeah, sometimes, there is surely going to be some parallel price movements, yet in the end, it seems prudent that any person who has money to invest and who is investing in various kinds of traditional assets should take some kind of stake in bitcoin (whether that be .1% of their investment holdings, or maybe even higher percentages, such as 10% or higher could be justifiable for some folks).

Cmon baby, let's see some god damn glow now.

I'm having some issues with my main account, so admins suggested that I could post with a temporary account, until my main account gets sorted out.

It took me a little while to read and digest the below linked article, which is a response to a request for comments submission by ARK investment regarding the bitcoin ETF.

https://www.sec.gov/comments/sr-batsbzx-...630-23.pdf

In essence, ARK investment do not seem to be against a bitcoin ETF; however, they are of the opinion that at this time, a bitcoin ETF would be premature because in part, they believe that the bitcoin market is insufficiently liquid and accordingly a bitcoin ETF would likely cause way too much upwards volatility. Furthermore, they seem to be strongly suggesting that there are potential conflicts of interest with the winklvoss twins and the ETF and Gemini Exchange, which could be true, and is further commented upon in Reddit, below link:

https://www.reddit.com/r/Bitcoin/comment...nvestment/

Also, the reddit link, above, shows that the ARK investors seem to have a kind of competing product... hm?

Anyhow, surely, the ARK investors are entitled to their opinion, and they seem to be a bit more knowledgeable than me in regards to the history and functions of ETFs - nonetheless, I kind of remain of the opinion that the supposed lack of maturity of the bitcoin market, the ability to manipulate bitcoin and its prices and bitcoin's inability to support an ETF is overstated, yet I can understand why regulators may act with a bit of conservativism and caution.

Regarding current state of bitcoin liquidity versus future liquidity, surely there may be some prematurity in suggesting that bitcoin remains too small - because if there is another 10x or 100x increase in prices (and market cap), which are quite possible, it becomes much more difficult to manipulate BTC prices - even though I would concede that we gotta get some more development in bitcoin regarding how various exchanges influence prices (which seems to make BTC seem even smaller with greater manipulative outcomes)

I definitely think we need more coffee as well as more baseball. And the more good mornings we have the better it gets. And from the moment this is the best thread ever let's keep it this way. 

On a completely different note, I had my monthly recurring buy order filling at $689 and we are back to $705: I'm cashing out the small profit and maybe I'll buy more coffe too.

Don't sweat it. I actually made reference to it when the price ended up at exactly $699.9. Likewise I don't mind the Salma Hayek pix and I think all non-Americans found the recent election amusing.

I was just playing with Edgar.

Cheers!

Hey JT, don't worry about your morning greetings, I rather enjoy them for the positivity.  

(And for the record, I only bring up the $699.9999 thing to rub it in the noses of all those trolls constantly repeating the false mantra that China (specifically the Chinese citizens) drives all of Bitcoin, including actual volume interest and pricing. Clearly they don't.)

LOL I guess I had that coming. Here, I'll let you post my morning greeting.  

It seems there are lots of broken records around here... Donald and Hillary, Salma Hayek, $699.9999, big crash in January, etc., etc.

I shouldn't have centered out the troll for constantly repeating the mantra of "Chain is FIAT money for PnD BTC scam".

That said, you might want to get more up to date. I just had to check my recent posting history and it seems that in the past month I used the term "sideways" exactly twice, made only one baseball reference (the season's over for this year) and never once mentioned coffee.

I suppose some people might find my morning greeting tedious but when the subject came up before, I was surprised how many people were supportive of it so I continued.

I hope it doesn't bug you too much. To the rest of Bitcoinland, enjoy the day.
__________

P.S. I almost forgot to mention, the price of Bitcoin seems stagnant... $705 on Bitcoinaverage at the moment.

Maybe I should mention coffee after all. 

They have been pushing every up and coming alt coin that comes along.

Their business model is to act like a legit Bitcoin news source, invest heavily into an alt coin, then pump the shit out of that coin as a better solution until they hit it big. Then move onto the next alt.

It went from a little shilling here and there to full blown international jewish banking.  Their talking points in that article look like they just cut and paste the protocols of the elders of zion.

You figuring this out just now??  I knew something was weird and they had some sort of agenda like a year ago.... My guess is they got infiltrated and few of the writers are paid ghost writers of the club/establishment. 

Coindesk is now a pure trash propaganda outlet and must be destroyed

https://bitcointalksearch.org/topic/coindesk-is-now-a-pure-trash-propaganda-outlet-and-must-be-destroyed-1680205

gd morning bitcoinland,

coffee

baseball

sideways

pot....kettle....

kthxbye

Morning buddy, I guess so and checking the price now it $705 at the moment

$700 is fine at the moment: after the recent mini dump which brought us back to float around $680 I was preparing for the worst case scenario. It seems we are back on track.

Hodling, as far as I am concerned.

It's frozen at 700 for now. The walls look evenly balanced on stamp, but on finex there is a wall at 720 that looks ripe for being demolished. The impression I get is that it's going up so it might be going down because I usually get it wrong. I'm hodling for now because I normally lose on short term trades. Whatever it does in the next few weeks I think in the long term it's going up.