Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18201. (Read 26630539 times)

Ah I see, that's unfortunate. It would've been nice for him to join us in our celebrations of bitcoins' new all-time high in the new year.

He got locked out of his account (by a hacker) around the same time as me in mid September, and unlike me, he said that he did not want to jump through hoops to get his account back.

Anyone know why adamstgBit left?

Who said this thread is dead? This thread is like Bitcoin: the more one says is dead the more it gets stronger.

Last night I watched the charts for 15 minutes and I said WOW. This thing is moving again and we all know that when it moves it does that very fast and in a very hectic way.

US elections are coming, the end of 2016 is approaching: as some of you already mentioned, hold on!

Yes, Podyx has been doing well lately

Iceland push?

Yes, SOME bitcoiners suffered - 90% did not. Cause "my key, my bitcoins" etc.
But you are right about Deutsche Bank. It does not matter, if you are a DB customer, or any other major bank's, since they are all connected through "toxic derivatives" so all customer funds are in jeopardy - enters bitcoin.

I disagree about "Joes" buying bitcoin suddenly - i wish that would be true, but, reality :-(. It is so not ready for non-tech/little tech users to join in in masses -yet!, i know; i get so many fukin stupid question from "non-tech" personell, which an average 12 year old gamer geek kid could answer.

Bitcoiners suffered from the Bitfinex hack, but if there is another banks going bankrupt crisis the bank's customers will suffer an order of magnitude worse. Today Bloomberg said Deutsche bank is now probing whether it "misstated" derivatives. Afterwards Zerohedge noticed that the the FT reported the Bank of England is asking large British banks what their exposure is to Deutsche Bank.

If banks start nicking customer's money like Bitfinex it could pump Bitcoin 10x to 100x. It could make Bitcoin mainstream with even the "average Joe" buying into it.

http://www.bloomberg.com/news/articles/2016-10-26/deutsche-bank-said-to-review-its-valuations-of-inflation-swaps

http://www.zerohedge.com/news/2016-10-26/bank-england-asks-uk-banks-detail-their-exposure-deutsche-and-italian-banks

Huobi 700$

Also, most people in bitcoin ask about/wait for "mass adoption by the "avergae Joes"". Which is hilarious, it is so not going to work out like that; all new tech got adopted by: first, a small intellectual elite who understands the paradigm shift; second: capital injection from a marginal but very wealthy part of society whom are ready for high risk/high profit scenarios, and has good advisors/insight; third: than last "Average Joe" has no other way (! it is not his choice, it is mandatory for him!!) than adopt as well, because remaining with the old tech is below marginal utility/1.

Same happens and will happen with bitcoin, we are kinda of the "intellectual elite", banks, ETFs, hedge funds etc. are the capital injection, and "average Joe" will be too late to make early adopter profit - we are speaking of 100x-10000x wealth increase on wealth redistribution here from fiat to crypto - as usual (but still going to enjoy "risk free, already established advanced technology).

edit: just as the "average Joes aka mass" among my colleges, friends; was telling them to buy bitcoin "just in case" for two years by now (last summer it was around 230$!!), yet they never did. They totally gonna miss out the wealth distribution effect (not 700$, but 7000$+ as well), like 98% of the world population.

Huobi $695, here we go, $700+ before the weekend starts 

1_million_dollars.meme

Cups everywhere.

There appear to be three cups within each other. The summer rally marked the first handle, and the second handle might be at $1200 if the pattern repeats, After a retrace the third handle could be the kind of exponential growth we saw in 2013.

There's probably some trading term for cups within each other, but I only know the basics.

Yesterday they were throwing them at our feet, tomorrow they will be begging at our feet for them back.

$740 if things get hectic.

Incredible! China putting in work. $700 Within 24 hours?

Here we go, china pumping..