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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30258. (Read 26708832 times)

sr. member
Activity: 662
Merit: 250
Mega Choo Choo.


I doubt it sticks around for more than a minute.  So, own up, which one of you posted it? Perhaps it was pate since he was chatty during that period.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
We don't need more people coming in an buying up coins right now. Don't you want to accumulate more coins? If yes, then stop spreading the word about bitcoin.

Dude, we've already had a whole 5 year period to get our coins together.

It's time to move on to widespread adoption.
sr. member
Activity: 662
Merit: 250
Choo Choo?

*edit: and gone, what a pansy.
*edit 2: removed image here to reduce my contribution to image bloat, update below.
sr. member
Activity: 378
Merit: 250
We must introduce this guy to bitcoin and bitcoin to this guy. Amazing speech! Shocked
http://www.upworthy.com/one-of-matt-damons-finest-performances-was-never-in-theaters?c=ufb1
No. Stop introducing people to Bitcoin. We don't need more people coming in an buying up coins right now. Don't you want to accumulate more coins? If yes, then stop spreading the word about bitcoin.
legendary
Activity: 2156
Merit: 1070
http://seekingalpha.com/news/1514731-report-prospects-for-winklevoss-bitcoin-etf-approval-look-good

ETF review going smoothly, once it is approved we can properly short!

I thought too much shorting hurt the price in the long run?  Huh

Shorts always have to cover eventually, unless it goes to zero, which is obviously impossible.  Moreover, unlike futures markets, shorting BTC by proxy does not increase the BTC float.  The more the Winklefloss gets shorted, the more demand there is for Winklefloss, and the more BTC they buy, removing it from the market.  Only redemptions (if the fund allows them) can free those coins to float on an exchange.


What I dont understand is how the SEC will approve this when the underlying market is a shady Chinese exchange, a shady Russian exchange, a shady Japanese exchange, and Bitstamp (less shady but still in Slovenia).

You should have read the original Forbes article this snippet was stolen from.

The lawyer answered your question. Basically the SEC likes the ETF idea directly because it will provide more stability for bitcion price AND allow for an official U.S. bitcoin exchange.

There will be one, probably multiple, fully licensed US bitcoin exchanges started in 2014. And they will be game changers.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
I think I'll call it a day. Feel free to CCMF without me, will bitch at you in the morning. Cheers. Smiley
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Oh so is there any US exchange thats any better? Actually Tradehill was a straight out scam.
I'm from the US. I wouldn't touch Coinbase with a barge pole.

but but bloomberg recommends Coinbase
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
We must introduce this guy to bitcoin and bitcoin to this guy. Amazing speech! Shocked
http://www.upworthy.com/one-of-matt-damons-finest-performances-was-never-in-theaters?c=ufb1
hero member
Activity: 826
Merit: 508
Oh so is there any US exchange thats any better? Actually Tradehill was a straight out scam.
I'm from the US. I wouldn't touch Coinbase with a barge pole.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
btw i have moved from a sophisticated strategy (buy on Monday and sell on Friday) to watching Adam's post of BUY BUY BUY or SELL SELL SELL....

i hate to use this " if i can do it, you can do it"  Shocked

 BUY BUY BUY

 Cheesy
SELL SELL SELL

lmao

WHAT? Don't listen to Adam! He's only here for the DOGE!
Much troll. Such lol!  Roll Eyes

this is true.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
btw i have moved from a sophisticated strategy (buy on Monday and sell on Friday) to watching Adam's post of BUY BUY BUY or SELL SELL SELL....

i hate to use this " if i can do it, you can do it"  Shocked

 BUY BUY BUY

 Cheesy
SELL SELL SELL

lmao

WHAT? Don't listen to Adam! He's only here for the DOGE!
Much troll. Such lol!  Roll Eyes
hero member
Activity: 574
Merit: 500
let say 850 low for the day on gox, with a super bounce off it D: ttyl

damm we didn't even make 850 did we... oh well bounce harder than this please
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
btw i have moved from a sophisticated strategy (buy on Monday and sell on Friday) to watching Adam's post of BUY BUY BUY or SELL SELL SELL....

i hate to use this " if i can do it, you can do it"  Shocked

 BUY BUY BUY

 Cheesy
SELL SELL SELL

lmao
hero member
Activity: 658
Merit: 500
http://seekingalpha.com/news/1514731-report-prospects-for-winklevoss-bitcoin-etf-approval-look-good

ETF review going smoothly, once it is approved we can properly short!

I thought too much shorting hurt the price in the long run?  Huh

Shorts always have to cover eventually, unless it goes to zero, which is obviously impossible.  Moreover, unlike futures markets, shorting BTC by proxy does not increase the BTC float.  The more the Winklefloss gets shorted, the more demand there is for Winklefloss, and the more BTC they buy, removing it from the market.  Only redemptions (if the fund allows them) can free those coins to float on an exchange.


What I dont understand is how the SEC will approve this when the underlying market is a shady Chinese exchange, a shady Russian exchange, a shady Japanese exchange, and Bitstamp (less shady but still in Slovenia).

Get off your high horse , american....?

Name me one US Bitcoin exchange thats any better? Calling foreign exchanges shady because they're not in US? STFU already.

Is Tradehill better for you?

Oh and what about mining manufacture? Hashfast and BFL are what you're craving about?



WAT? Seriously. BTCE isnt shady?? No one even knows the people who RUN IT. Gox has proven to be a total joke, and the Chinese exchanges are running on technical loopholes in defiance of their government with zero trade fees. As for Slovenia the banking industry is shaky. SO GTFO euro scum.

Oh so is there any US exchange thats any better? Actually Tradehill was a straight out scam.
legendary
Activity: 1904
Merit: 1002
http://seekingalpha.com/news/1514731-report-prospects-for-winklevoss-bitcoin-etf-approval-look-good

ETF review going smoothly, once it is approved we can properly short!

I thought too much shorting hurt the price in the long run?  Huh

Shorting is a neutral activity. When you short, you sell now and have to buy back in later within the amount of time you're able to borrow the underlying commodity. The media loves to jump all over shorters because short selling, like any selling, can push the price down. Those same sellers are forced to buy back in though, potentially causing a bounce or creating a bottom, reversing the initial price movement.

Traders like me love the ability to short because it allows you to profit regardless of which direction the market is moving. The only thing that matters then is the percentage that the price is moving whether up or down because that is your potential profit.

Market looks strong -> buy
Market looks weak -> short.

Shorting is only helpful when it is profitable.  If the shorters are incorrect, it leads to a short squeeze which adds volatility.

True. Some people like volatility though. Isn't that why we're all investing in Bitcoin and not General Motors?

I'm in bitcoin because I think it is a revolutionary, freedom enabling, decentralized currency.  I accept that volatility will likely exist in the exchange rate, but that's not why I'm here.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
WE BTC
There you go Grin
That looks more like back(ing force) than consecutive bottoms.
Plus, that's hardly hairy.
That's irrelevant. It still stands as legit TA.

CCMF!
full member
Activity: 280
Merit: 100
http://seekingalpha.com/news/1514731-report-prospects-for-winklevoss-bitcoin-etf-approval-look-good

ETF review going smoothly, once it is approved we can properly short!

I thought too much shorting hurt the price in the long run?  Huh

Shorts always have to cover eventually, unless it goes to zero, which is obviously impossible.  Moreover, unlike futures markets, shorting BTC by proxy does not increase the BTC float.  The more the Winklefloss gets shorted, the more demand there is for Winklefloss, and the more BTC they buy, removing it from the market.  Only redemptions (if the fund allows them) can free those coins to float on an exchange.


What I dont understand is how the SEC will approve this when the underlying market is a shady Chinese exchange, a shady Russian exchange, a shady Japanese exchange, and Bitstamp (less shady but still in Slovenia).

Get off your high horse , american....?

Name me one US Bitcoin exchange thats any better? Calling foreign exchanges shady because they're not in US? STFU already.

Is Tradehill better for you?

Oh and what about mining manufacture? Hashfast and BFL are what you're craving about?



WAT? Seriously. BTCE isnt shady?? No one even knows the people who RUN IT. Gox has proven to be a total joke, and the Chinese exchanges are running on technical loopholes in defiance of their government with zero trade fees. As for Slovenia the banking industry is shaky. SO GTFO euro scum.

Murican here. Excuse me but isn't bitcoin here at least in part because every banking industry is shaky?

And now for your entertainment.

The Fall of Proudhon

http://www.grapheine.com/bombaytv/webdesign-en-b01792ed4e58814429d58c8a842e2f0b.html
sr. member
Activity: 336
Merit: 250
Cuddling, censored, unicorn-shaped troll.
WE BTC
There you go Grin
That looks more like back(ing force) than consecutive bottoms.
Plus, that's hardly hairy.
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