Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18777. (Read 26710965 times)

Finally, Bitstamp shows some signs of life...

Actually I made a mistake ... cuz this is why:  so basically if they can control bitcoin and if they want to print more money they just have to pump bitcoin and increase its value so the thing that is pegged to bitcoin to be devalued and destroyed in to oblivion. So basically if you want to make a commodity worthless you just make the price of 1 bitcoin from $1 million to $2 million .. you just inflate it in 1 day and you solved your liquidity problem!

I wish I had the kind of money to just casually afford 50 Bitcoin.

Oh well. At least I have a few Bitcoin, so I guess I can't complain too much.

We can't even manage ourselves on this tiny planet. Can't really talk about planetary colonies elsewhere. Trump going to take us to mars or build a wall.

Chinese people selling their bitcoins bought on huobi on bitstamp to get dollars?

You must be new here  .


CCMF!

That ... that makes you weak! ... Resource? What resource? Gold / Silver can be mine from the Moon / Mars / Mercury / All over the Solar system! And people have their days numbered till someone crazy invents an artificial womb!

Most likely future bitcoiners will arrive to crypto themselves, because they need it(cheap international remittance, deepdark web, backpage, gambling) or they just want to get rich. We don't really need promoters as much as we need users, who use bitcoin simply because it works(better than fiat).
It'll be hard to peg bitcoin to gold/silver just because of the fact that the exchanges are centralized weak points. Also Bitcoin offers a lot of utility at the moment, even more so than gold. Bitcoin only exists because of government Subsidies, that means we would need the government to exist for bitcoin to exist.
Why even bother with bitcoins, a resource based economy would be the greatest thing humanity has ever seen, but setting up such network isn't something that is done overnight, if ever. Until we have a resource based economy, I'll stick with my bitcoins.

It is really about taking responsibility ... if I ever make a mistake ... or better said when I made mistakes if I saw someone going against the tide I just buyback in at a 0.1% - 0.5% loss! And I stay like 90% of the time in bitcoin and 10% of the time in fiat. And when I trade I stay like a leech chained to the computer! ... You can not leave your coins over night in fiat! Because there are somewhere around 150 - 200 trillions of fiat  fake money in the world! ... And if in some day in the future all the governments of the world decided behind close doors that they need to have 50% bitcoin of their total liquidity! ... and I'm not saying 50% as in 100 trillion ... but even 21 trillions, that would make 1 million for each coin! Cause they will want in on this.... they can't tax us for using it! So they must get involved to created government services paid with bitcoins. And they will also want to control the price ... and as far as I'm concerned they will have meetings and set a price for bitcoin at a global scale! And basically they will say we need it to stay at 1.240.500 per coin with a 0.0001% spread! ... So basically we pay them for services like simple things in life... health care in their hospitals or the tax per property. And they will peg it to something else than $ , euro ... they will peg it to gold and silver! And that is something they can control in some way! ... So basically we need to create our own private education system and private schools. Keep the money inside the family! And not give the government majority holdings! ... But they will not do that 0.0001% spread thingy! They will make an illusion of choice! But their computers will know when to take action and make more profit than us if they control the systems in the exchange! ... The point I want to get is how do we value our coin on the black market without doing mass scale trading? Word from mouth to mouth and a common social awareness of all the prices of every commodity on the face of the planet?

You cannot just discount Stamp - because there are a lot of businesses that peg themselves to the Stamp price - but yeah, Stamp's performance this weekend has been seeming to be quite out of line with all of the other exchanges.

Maybe it will help them to have a Euro/USD pairing - because if some account holders had been bluffing in their holding dollars on the exchange, they seem quite misaligned with the other exchanges.

This last dump down to $515?  and then it bounced back, while other exchanges are quite higher including BTCe at $535 and Bitfinex at $540 and Huobi at $570 but they did dip a little bit too after Stamp's dump.. so in some sense, the pathetic and bearish exchange may be leading everyone else because it seems that they may be running out of cash on bitstamp..

Yeah, real gibberish... you are likely referring to how many satoshi's you are paid in order to troll from mommie's basement.

What if you were to short just before we went from $440 to $500. You'd make a profit of -$580 on your 10 bitcoins, just within a snap of a finger. Even traders who have trained their guts, get the taste of losing to the market. Your 10% per month isn't sustainable. However if you're making any kind of profits with crypto, you're still doing better than the guys who got too greedy.

Don't you think that Stamp might have too low volumes to hold the price back? Arent the main moves coming from the Chinese exchanges? Stamp kind of seems irrelevant compared to

I'm going to suggest that we are going to stay green the next few days, then correct ourselves.

No ... I'm for real ... like 10 then next month > 11 > 12.1 > 13.31 .. etc

Isn't that normal? ... You just have to feel your gut and take decisions in a weird way ... play it safe but live a little!

Btw .. I think the whale woke up .. he started trading again! All aboard!!! Chiuuuuu!!! Chiuuuuuuu!!!

Actually, I used to have that kind of a gas issue quite a bit a few years ago, and then I mostly cut carbs out of my diet, and largely the gas went away....


It's been several years; however you know with low carb eating, sometimes there starts to be a kind of carb creep, and I think that is what I have been experiencing, carb creep (and so the salt kind of exacerbates some issues with too many carbs in my regular intake).  


Regarding price, it seems that there remains a certain upwards pressure.. but maybe some of the exchanges are running out of money, and yeah, stamp seems to kind of been holding up everyone else in regards to price, no?

There could be some folks on Stamp that are holding a lot of cash, but they do not want to pump too early in the weekend in case they may experience too big of a battle from bears, so in that regards, they are waiting for reinforcements to come from deposits - because even the big players would rather not have to bear the whole burden of any kind of pump.  So maybe we will get  a pump in the next 12 hours, maybe right before new deposit money arrives?  I know, more guessing from me.

What's that mean?  doing 10% per month?  Are you trading 10% of your BTC holdings, or are you profiting 10% per month  (profiting consistently 10% per month is 120% per year, and there would be rare instances in which anyone could carry that out, especially consistently).

Sure some years, people gain more than other years in trading, but it seems fairly unreal to profit consistency in any kind of way, and if you can profit consistently more than 20% per year, you would be a superstar if you were to sell your talents.

Nah, your bubble will last a lifetime for you.
Feeling bloated is way better than the farts I've been letting out, they smell like rotten feces of a diseased animal. I think I have to replace my chair soon, the smell wont come off.

Like I am about ready to pop?    That does not sound good.  I better go to my doc for a check-up.  I have been feeling a little bloated in recent days, but I thought that it may have been because I was eating too much salt.

 

Them are some real porno signs!


But I'm actually a real slacker when it comes to trading ... I'm doing like 10% per month ... I'm very casual!

And btw... it will go somewhere between 600$ - 800$ very soon ... but it won't find solid ground on that interval ... because 600$ is a psychological level for now! ... It will do its thing 600$+ .. then it will come back and stay somewhere between 550$ - 600$ till 2-3 weeks before the halving... Then everyone will panic and stay at $600+

You're welcome, Bitcoonerz