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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18927. (Read 26610307 times)

legendary
Activity: 1092
Merit: 1000
nope.. not going to bite. the holding back of the scaling fix is borderline scheme imo... it makes bitcoin waaaaay to risky... i find it suspicious that just as the pms start to rise that bitcoin starts to rise as well... the reason pms are on the rise is due to the new Shanghai Gold Fix, which has nada to do with bitcoin.............i suspect that bitcoin is being manipulated up now to keep everyone out of the pms where the central banks and the federal reserves are currently locked in battle to keep pm prices down... so far they have been failing, and i suspect the failure will turn out YUGE in the end..... with these kinds of dynamics and fundamentals, i believe bitcoin is waaay overpriced and could turn into a long term scheme... holding back the scaling fix really seems like a huge scheme to me....

i told everyone to buy pms when silver was at $14.50... silver is now at $17.00 .


you should diversify into metals. i'm not buying bitcoins at these inflated higher prices. it is too risky for me. even with the us govy behind it cuz the dollar is still on its deathbed. they are fronting like they are in control. its like the catastrophes, you have to cover your own ass. relying on bitcoin is probably not a great strategy imo. especially with the unresolved issues that bitcoin is facing. might be able to make some fiat though if buy bitcoins at this risky higher prices. i'm not sure the risk is worth it to gain more fiat through bitcoins when can get more fiat through other means and buy metals at suppressed cheap prices and HODL them. the reason to buy the metals is because the us govy doesnt want us to buy metals. keep your eyes on the money on the exchange!


spot silver prices in dec 2015: http://www.apmex.com/spotprices/silver-prices


if silver goes to triple or quadrupal digits, it will make bitcoin pitiful as it dies from its manipulation and scaling failures. i have learned over the last few years to never trust the USA federal govy. if the USA federal govy is pumping bitcoin while manipulating pms down, then u want to be in pms. if the USA federal govy says don't take iodine as clouds of radioactive poisons float overhead, u better take the iodine.
sr. member
Activity: 574
Merit: 250
In XEM we trust
btc-e 14 dollar behind Smiley
That's the where I'm buying my coins when other exchanges are busy exploring moon.


Wish I had more shitpaper to convert.
hero member
Activity: 601
Merit: 503
btc-e 14 dollar behind Smiley
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
legendary
Activity: 2338
Merit: 1035
When you realize we are about to go full bubble mode in a few months

legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
hero member
Activity: 749
Merit: 507
Bitcoin is going up again!
Bitstamp 453.65
BTC-e 444.53
Bitfinex 457.66
Huobi 455.22/2958.25
LTC/USD 3.3044
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
hero member
Activity: 658
Merit: 503
Bear with me
This is just the beginning. Smiley
legendary
Activity: 2842
Merit: 1511
legendary
Activity: 1168
Merit: 1000
bring me a rocket launch gif.

dat golden cross

Proceed ...



Haven't seen one since 2013 !  What was the comparable liquidity then to today I wonder.
legendary
Activity: 1168
Merit: 1000
Conspiracy theory:  Chinese gov't is subsidizing mining operations, and intentionally taking positions that, directly or indirectly, support the rise of Bitcoin's popularity.  Having identified crypto-currencies as an inevitable force, they've strategically chosen to become the "first mover", among nations, to grab significant mining market share.  Bitcoin may be completely digital in manifestation, but miners still have a mine, and that mine sits in some country, under some ruling, military-backed power.

 Shocked Shocked

If you believe this conspiracy, you should go long.  If you don't...  you should go long.

 Cheesy Cheesy
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
I hope it rises to beyond the stars and off to infinity purely to stop the infernal requoting.

legendary
Activity: 981
Merit: 1005
No maps for these territories
Trying to not get emotional, but that green dildo is fucking huge  Grin

Roach, you could be right this time
legendary
Activity: 1512
Merit: 1000
@theshmadz
Enought nesting bullsheeteens.

We are going up with anemic volume. Just look at 1 day or 3 day timeframes. If volume doesn´t manifest quickly, lets say before seven days, Im calling this a bulltrap.

It's called miners stopped selling, so an 80 day supply crunch of increasing price occurs until the price reaches a level where someone considers it overextended for pre-halving state, which is not gonna be less than $500 by anyone's standards.  It could just gradually rise to $600 on no volume before it occurs.  Once people consider the price overextended, they will then dump with the intention of buying back lower, then the volume, volatility, and long drawn out game of people trying to short, squeeze, and lock others out and force them to rebuy happens.

Knowing that it's going to play out like this, it's going to be funny when the shorters pile in at some price like $600, then a coordinated squeeze hits them and the shorters power the next great Bitcoin bubble.

Now that's interesting, and correlates with a recent interview with that Chinese miner dude who was on the latest bitcoin uncensored podcast (his name eludes me, sadly)

The just of it was that they were able to get a very favorable contract from an electricity project that failed to get government approval to sell to the grid... As far as I could discern, they were only selling enough to pay the bills and keeping the rest, also some brokerage and arbitrage as opportunities arise.

Say what you like about the Chinese but there are some shrewd motherfuckers over there. Do not underestimate.
ImI
legendary
Activity: 1946
Merit: 1019

volume seems to be heading up a little
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I hope it rises to beyond the stars and off to infinity purely to stop the infernal requoting.
legendary
Activity: 2002
Merit: 1040
legendary
Activity: 1512
Merit: 1012
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