Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22137. (Read 26608596 times)

Yawn, all this bear hype yet the price remains solid.

I was promised sub 200 2 months ago. I was promised sub 220 1 month ago. I was promised sub 235 a week ago.

The sell off's have been weaker and weaker, time and time again since 290.

The volume remains high with both shorts and longs really high (this doesn't happen)

This is just waiting to explode, if you don't see it yet I don't blame you

Not just Russia--soon all of you Bitcoin money launderers will be jailed--looks like even Local Terrorcoin is no longer safe.
BurtW facing a 5-year stretch @ FED B&B
https://encrypted-tbn2.gstatic.com/images?q=tbn:ANd9GcSA6IHDQQaRj1z4jV6NdCLzvTitgNhxy5_j5mpKHGKyNIVsndqw


P.S. Ur an fagit

http://www.butwithbitcoins.com/

lel

http://thebitcoin.foundation/

Wow... shocking news!! /s

Russia? a draconian law? wow... that is really quite shocking.

I am surprised, so shocked, so worried.


(ps also, that^^ is clarity, so yeah still helpful, helpful to anyone wanting to start a BTC business based from, or targeting Russia, once the laws are passed they will know, instead of just guessing, and then they can decide what to do, ie give it up, or move, or not target russians)

Gonna get Bitcoin some regulations.  Bitches Businesses love regulations.
How's this for clarity?
Russia’s Bitcoin Ban Expected in August; Expert Recommends Businesses ‘Get Out’
http://cointelegraph.com/images/725_aHR0cDovL2NvaW50ZWxlZ3JhcGguY29tL3N0b3JhZ2UvdXBsb2Fkcy92aWV3LzQ1NTdlZTY3NTY1MTQzZjM3OWYxN2U1NDExYjRkNzYyLnBuZw==.jpg
http://cointelegraph.com/news/113857/russias-bitcoin-ban-expected-in-august-expert-recommends-businesses-get-out

Bitcoin is bankrupt, that's right! Ahahahaha

You can't spell bankruptcy without BTC!

Hahaha.  Who do you think pays the dev cabal, hmm?  Maybe you want the FED to take them under its wing, give them a small stipend?
Without the devs, who is gonna up the 2.7 TPS limit?
Who's gonna increase the maximum coins mined from 21 to 25 million when it becomes clear our network is collapsing?
Think, ffs, THINK!
https://bitcoinmagazine.com/3668/bitcoin-network-shaken-by-blockchain-fork/

Same lame story again and again. Don't you Bulls (hipsters) get tired from telling the same story. It's the same prayer on all prices since the ATH and when there are enough of those prayers, then price makes new mayor lows...

...c'mon please show some results and less prayer.

No, no one really gives a shit about the foundation, it has been a shambles forever, tbh I never did give a shit about it apart from wishing it would go away, quickly.

As for Bitcoin being bankrupt, what are you smoking?


edit: Also like or hate the regulations that are being proposed/being rolled out but they will bring some clarity to the space, and this will be a good thing, investors and businesses like clarity.  Gemini will not launch until the NYDFS roll out their regs, and I am not expecting the ETF until after then. UK is also making moves to get to grips with BTC and how they intend to deal with it.  The seed money that has been invested already despite the lack of clarity is impressive and I expect that  once there is more clarity there will be more interest still. It will be interesting to see how the market develops when there are no more doubts about the regs and the framework is in place.  It will be interesting to see the services and products rolled out as a product of the seed money already invested over the past 2 years.  It will be interesting to see how the market will react once there are trusted exchanges. It will be interesting to see how all of the clarity and legitimisation will effect public perception/adoption and the market. Also it will be interesting to see , when there is some clarity there, who else and what else comes to the market next.

If you normalize the BTC short amount on BFXdata with respect to price, i.e. price*amount of BTC short, you will see that we are at a historical all time high in terms of shorted USD-equivalent.

Therefore, a large amount of shorts will cover, leading to an eventual price rise.
This one will be unlike others though, since with this amount of momentum, we will break out of the downtrend resistance line since January 2014
The market is at a turning point at the moment, prepare youselves

Coin
Explanation

no one care about bitcoin foundation ? well noobs surely do and they get freaked to hear that bitcoin is bankrupt.  this is bad for mass adoption.
i still has hope for ETF however...

I don't think he was prattling about those weeny bounces, where some stupid shorts got burned.

Wasn't he prattling about your EPIC SHORT SQUEEZE, you are promising us now since more than a year? THE ONE short squeeze you are preaching again and again...

Meh.... no one gives a hoot about the bitcoin foundation, and it seems like Wagner was due to get his collar felt regardless, and the Obama "news" imo is being blow out of context.

None of these are aiding my DOOOOOOOOOOOOOOOOOOOOOOOOM boner in the slightest.

i hate to be bear, but all these news lately really bad. I mean, bitcoin foundation bankrupt ? bitcoin trader get civil forfeiture ? Obama EO ?

but bad news usually makes bitcoin price jumps anyway, 300 usd on monday yay !!!

The point was to illustrate that a commodity with value can have a primary function of speculation at its core. And quoting actual gold distribution and use is pretty much an impossible task with any accuracy (how much is there again?).

Phoenix there have been several short squeezes in the last year so not entirely sure what you are prattling about.

i'll believe wall st money is being spent on bitcoin when the gemini exchange is finally launched and we can see what volume takes place on it , which we've all been patiently waiting on for what half a year now ? ... since it'll be sec regulated and insured once it is up and running , there will no longer be any barrier to institutional funds taking positions in bitcoin (buying bitcoin) ... given their requirements not to involve their funds in un-regulated exchanges such as those currently supporting nearly all of the traded btc volume in china/hongkong it is reasonable to expect that some "on the sidelines" money is still waiting for this ... the ETF's are a joke/irrelevant ... what matters is eventually getting an sec regulated and insured exchange that U.S. investment funds will be willing to / legally able to conduct trading on ...