Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18284. (Read 26608905 times)

hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!



ya every year we break a new record but its always "since 1930s"  wtf happened in the 30s O_o?
lol


I guess that would be the question of the century? Smiley

...

But as far as I know is that only in the USA since the year 1600 ... 91% of the total landmass of virgin forests on the territory of that country was cut down.

And also... most of the rivers that where deviated and constrained with dams, started during and after that time...

And also 7 billion people... Cars & machines happened in agriculture... I guess if we destroy all the cars we can clean this planet very fast? Roll Eyes  Huh
legendary
Activity: 1568
Merit: 1001
And then news like this happen in the Northern Hemisphere :  ... http://nyuzer.com/2016/08/11/overnight-temperatures-drop-0-twente

And it is so cold here and I'm under the 40* degree parallel and its under 10* degrees Celsiu... F***!!! Smiley

OMG Here in Toronto we're having a heat wave. Humidex is 42C (107F) at the moment. Opening the front door feels like opening an oven door (okay more like a bakery door).

http://www.citynews.ca/2016/08/12/toronto-in-for-30th-day-of-over-30-c-weather/

Couldn't we meet halfway? That snow looks inviting.  Smiley

WTF is going on with the climate here in S. Ontario?  I just got back from southern Spain and Greece and it was no where near this bad.  Rivers and creeks are drying up, farming is getting destroyed...

we had that heat wave here in MTL too, but today is very nice and cool.

tomorrow will be much cooler for you Jimbo. lol

I dont know about that.  Its been very bad here for like a month or more.  I read somewhere that its the worst drought and heatwave since 1930s.
Same here in Mich, air conditioners been going nonstop for over a month now. Can't imagine the poor folk that don't have them or their cars are crap and they have to roll around with the windows down for respite - which does nothing for you besides sweat. I feel bad for anyone that has to work outside this summer. Fuck
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
And then news like this happen in the Northern Hemisphere :  ... http://nyuzer.com/2016/08/11/overnight-temperatures-drop-0-twente

And it is so cold here and I'm under the 40* degree parallel and its under 10* degrees Celsiu... F***!!! Smiley

OMG Here in Toronto we're having a heat wave. Humidex is 42C (107F) at the moment. Opening the front door feels like opening an oven door (okay more like a bakery door).

http://www.citynews.ca/2016/08/12/toronto-in-for-30th-day-of-over-30-c-weather/

Couldn't we meet halfway? That snow looks inviting.  Smiley

WTF is going on with the climate here in S. Ontario?  I just got back from southern Spain and Greece and it was no where near this bad.  Rivers and creeks are drying up, farming is getting destroyed...

we had that heat wave here in MTL too, but today is very nice and cool.

tomorrow will be much cooler for you Jimbo. lol

I dont know about that.  Its been very bad here for like a month or more.  I read somewhere that its the worst drought and heatwave since 1930s.

ya every year we break a new record but its always "since 1930s"  wtf happened in the 30s O_o?
lol
legendary
Activity: 1456
Merit: 1000
And then news like this happen in the Northern Hemisphere :  ... http://nyuzer.com/2016/08/11/overnight-temperatures-drop-0-twente

And it is so cold here and I'm under the 40* degree parallel and its under 10* degrees Celsiu... F***!!! Smiley

OMG Here in Toronto we're having a heat wave. Humidex is 42C (107F) at the moment. Opening the front door feels like opening an oven door (okay more like a bakery door).

http://www.citynews.ca/2016/08/12/toronto-in-for-30th-day-of-over-30-c-weather/

Couldn't we meet halfway? That snow looks inviting.  Smiley

WTF is going on with the climate here in S. Ontario?  I just got back from southern Spain and Greece and it was no where near this bad.  Rivers and creeks are drying up, farming is getting destroyed...

we had that heat wave here in MTL too, but today is very nice and cool.

tomorrow will be much cooler for you Jimbo. lol

I dont know about that.  Its been very bad here for like a month or more.  I read somewhere that its the worst drought and heatwave since 1930s.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
And then news like this happen in the Northern Hemisphere :  ... http://nyuzer.com/2016/08/11/overnight-temperatures-drop-0-twente

And it is so cold here and I'm under the 40* degree parallel and its under 10* degrees Celsiu... F***!!! Smiley

OMG Here in Toronto we're having a heat wave. Humidex is 42C (107F) at the moment. Opening the front door feels like opening an oven door (okay more like a bakery door).

http://www.citynews.ca/2016/08/12/toronto-in-for-30th-day-of-over-30-c-weather/

Couldn't we meet halfway? That snow looks inviting.  Smiley

WTF is going on with the climate here in S. Ontario?  I just got back from southern Spain and Greece and it was no where near this bad.  Rivers and creeks are drying up, farming is getting destroyed...

we had that heat wave here in MTL too, but today is very nice and cool.

tomorrow will be much cooler for you Jimbo. lol
legendary
Activity: 1456
Merit: 1000
And then news like this happen in the Northern Hemisphere :  ... http://nyuzer.com/2016/08/11/overnight-temperatures-drop-0-twente

And it is so cold here and I'm under the 40* degree parallel and its under 10* degrees Celsiu... F***!!! Smiley

OMG Here in Toronto we're having a heat wave. Humidex is 42C (107F) at the moment. Opening the front door feels like opening an oven door (okay more like a bakery door).

http://www.citynews.ca/2016/08/12/toronto-in-for-30th-day-of-over-30-c-weather/

Couldn't we meet halfway? That snow looks inviting.  Smiley

WTF is going on with the climate here in S. Ontario?  I just got back from southern Spain and Greece and it was no where near this bad.  Rivers and creeks are drying up, farming is getting destroyed...
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
the "leaky bucket" has been patched,
bitfinex appears to be maintaining its lead with more then double the volume (24hr volume) then the #2 exchange itbit
this may or may not be temporary, since everyone is likely rushing to buy or sell or do what ever they planned to do when it reopened
I have doubts bitfinex will be leading next week, but who knows....

ItBit seems more like an exchange for the wealthy and companies for one time exchanges. Not really for day trading. I'm surprised they have as much volume as they do.

Maybe it is an exchange that Americans are using to trade because it is the only one in the US they can trade on.
they do seem to be running an "elite" operation
but i bet they dont discriminate, however they might have more AML/KYC then say BTC-e....
i think i like itbit.
the little bit i've heard about them sounds very good.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
the "leaky bucket" has been patched,
bitfinex appears to be maintaining its lead with more then double the volume (24hr volume) then the #2 exchange itbit
this may or may not be temporary, since everyone is likely rushing to buy or sell or do what ever they planned to do when it reopened
I have doubts bitfinex will be leading next week, but who knows....

ItBit seems more like an exchange for the wealthy and companies for one time exchanges. Not really for day trading. I'm surprised they have as much volume as they do.

Maybe it is an exchange that Americans are using to trade because it is the only one in the US they can trade on.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
BFX is actually holding at 30cents, i am amazed
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
the "leaky bucket" has been patched,
bitfinex appears to be maintaining its lead with more then double the volume (24hr volume) then the #2 exchange itbit
this may or may not be temporary, since everyone is likely rushing to buy or sell or do what ever they planned to do when it reopened
I have doubts bitfinex will be leading next week, but who knows....
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
That snow looks inviting.  Smiley

Rofl...  Cheesy Cheesy Cheesy

I just had 2 weeks ago a tropical night with 21+ Celsius.. now its 5-10 Celsius.. in August.. ffs!!! And this is like one of the first or 3rd year of the Grand Solar minimum magnetosphere decline... And we have another 18-19 years from a total of a 22 year cycle... ( 11 years downtrend + 11 years uptrend )

This year the food prices will go bonkers... And we will probably see currency wars and infinite printing for all countries to try and buy their food supplies. And you know if you hear devaluing what that means right?... Ding! Ding! Ding! Bitcoin will go to the Moons of Jupiter and Saturn!
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
And then news like this happen in the Northern Hemisphere :  ... http://nyuzer.com/2016/08/11/overnight-temperatures-drop-0-twente

And it is so cold here and I'm under the 40* degree parallel and its under 10* degrees Celsiu... F***!!! Smiley

OMG Here in Toronto we're having a heat wave. Humidex is 42C (107F) at the moment. Opening the front door feels like opening an oven door (okay more like a bakery door).

http://www.citynews.ca/2016/08/12/toronto-in-for-30th-day-of-over-30-c-weather/

Couldn't we meet halfway? That snow looks inviting.  Smiley
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
I understand that in recent months you had gotten into the habit of citing Bitfinex, and you still seem inclined with such source?

Most of the time, I had considered Bitstamp to be a better and more accurate price indicator (as compared with Bitfinex - based on margin trading and sometimes questions about fakeness - related to china.. hahahahahaha).

Even though from time to time Bitstamp seems to be out of sync with other exchanges, and tend to have lower relative volume.. and even lag a tiny bit., their price is still within reason as an indicator, no?

Recently folks have been touting Kraken as a possible price indicator, but so far, their USD/BTC trade volume has not been very great, either.. which causes them to go off the rails a bit, too.

I quoted Finex because they usually had the highest volume, despite the fact that sometimes their price varied from the other USD exchanges.

If I had my choice of price indicators, I'd choose BitcoinAverage because they represent a pretty good cross sampling of many exchanges, excluding the zero fee exchanges.

Unfortunately they don't track the order books, which are the real value of Chartbuddy. Also unless Richy adds another exchange, we're stuck with Stamp, Finex and Base.

Personally, since last week I've been mostly watching Stamp.

As I said, I'll wait and see.
member
Activity: 62
Merit: 10
Huobi has all the volume these days I see. What happened to okcoin?
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
Good morning Bitcoinland. Still hovering around $590.

Someone mentioned coffee? Mmmm... Mocha-Java full city roast.



I think it's a little early to resume quoting Chartbuddy. I'll wait until we see which BTC/USD exchange takes the lion's share of the volume. Finex had a pretty good ride but things have obviously changed.


This looks exactly like the 10 kilos of coffee beans I bought on the panic of the upcoming ice age! And it looks like its from Africa... people of Africa are so hard working in the farming industry! And they grow almost everything organic in them deserts.. Smiley

Especially since I know 4 years in a row coffee has had a crop loss all over the world of an average of ~30% every year.


And then news like this happen in the Northern Hemisphere :  ... http://nyuzer.com/2016/08/11/overnight-temperatures-drop-0-twente

And it is so cold here and I'm under the 40* degree parallel and its under 10* degrees Celsiu... F***!!! Smiley
sr. member
Activity: 448
Merit: 256
So guys whats the sentiment overall?

I expected it to make new highs yesterday after BFX reopened.
But It feels like we could roll over soon and retest the lows.
From an elliott wave perspektiv we finished the ABC correction with the BFX low. Therefor a new wave cycle should start here. The question is if it's bearish or bullish in the end.

I expect a bear cycle tbh. Fundamentals are shaky with all the lost confidents overall and still no solution to the Blocksize problem which is fucking sad.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Good morning Bitcoinland. Still hovering around $590.

Someone mentioned coffee? Mmmm... Mocha-Java full city roast.



I think it's a little early to resume quoting Chartbuddy. I'll wait until we see which BTC/USD exchange takes the lion's share of the volume. Finex had a pretty good ride but things have obviously changed.



I understand that in recent months you had gotten into the habit of citing Bitfinex, and you still seem inclined with such source?

Most of the time, I had considered Bitstamp to be a better and more accurate price indicator (as compared with Bitfinex - based on margin trading and sometimes questions about fakeness - related to china.. hahahahahaha).

Even though from time to time Bitstamp seems to be out of sync with other exchanges, and tend to have lower relative volume.. and even lag a tiny bit., their price is still within reason as an indicator, no?

Recently folks have been touting Kraken as a possible price indicator, but so far, their USD/BTC trade volume has not been very great, either.. which causes them to go off the rails a bit, too.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
What, you think just because you weren't part of the bitfinex hack you are immune?  Cheesy this shit's going down, for how long I don't know.


Have you always been bearish, or are you talking your book?

I don't know how you can speak with such certainty regarding the price direction of this market... overall we still seem to be in a bull trend.  

Sure we can experience some downwards price movements here and there, including the news of the bitfinex situation, but it also seems to that the bitfinex situation has largely been resolved and we are in a holding pattern at the moment..   Surely bitfinex may not do too well from this fall out, and maybe they are going to need to create some trading incentives, such as lowering fees.. but they have not even re-opened their margin trading yet, which actually could create some increases in volume, maybe?

From here?  Hm?  I am kind of a sense that a 10% increase is more likely than a 10% decrease.. in other words, I am more inclined to believe that we are going to see $650 and above before we see $520 and below.. but I am not going to bet either way and I guess I am prepared for either direction.

Let's see who is right.

Of course, I am going to be right...

You are talking in terms of absolutes, and I am talking in terms that I believe that the odds are a bit more favorable to go up by  10% than to go down by 10% from this price point.  

So, even if you happen to get it right and we happen to see $520 before we see $650, you are not talking reasonably (which makes me right.. hahahahahha).  The ridiculous part about your phraseology should be apparent that there are no absolutes when it comes to the markets and predicting or describing the future... On the other hand, if we are talking about the past, then it is reasonable to talk in terms of absolutes.

Wtf drugs are you on? I want some.


It is called making a serious attempt to employ facts and logic in order to try to come to meaningful projections about the future, rather than employing conclusory language that is not backed up by anything but black and white erroneous thinking.   Tongue Tongue Tongue  You should try it, sometime.    Roll Eyes  

I never said bitcoin price was going down and staying down forever. You have a reading comprehension problem, probably from all those drugs.

Oh?   So now you are changing your tunes?

You make some vague non-specific comment about the price going down, and then after you are asked to clarify you assert more specific vagueness to even assert more boldly that it is going down and to buy into the down scenario that I painted, while throwing out ad hominem attacks. And then now you are saying you don't know, but may as well throw out a few more ad hominem attacks in order to shirk responsibility.  Hm?  

In other words, you don't really know anything.  You are just throwing out a bunch of vague conclusory comments, and seeing if anything might stick.  Then if others ask you to explain how you arrived at your vague assertions, instead of providing details, you get mad and assert that the others are crazy.  Hm?   Roll Eyes
Jump to: