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1901  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 06:33:57 PM


1902  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 06:18:45 PM

1903  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 05:16:43 PM

1904  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 04:30:30 PM
Virtex just got over its ATH, now 292$, it had a correction with good volume, and is now ready to break away.

During the last bubble Virtex was consistently $10 ahead of Gox (and that was when we had parity). Any idea why it's falling behind this time? I would have expected the opposite with all the ATM news.

Maybe because people are using BTC to buy stuff with Virtex debit cards?
1905  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 04:10:44 PM


1906  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 04:01:56 PM


1907  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 03:50:35 PM
It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.
What bad news happened before 9 April 2013 ?

a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable.

As far as the bitcoin potential network 51% attack or Bitcoin's global acceptance as currency. Both issue's were plaguing Bitcoin's future uncertainty.

Add the anxiety that the primary trade venue was MTGox and that it was "tested" hit with a DDOS back in April 10th 2013.

However if you jump to Bitcoin Today.

Since then the network jumped from 111,000 GH/s back in June 5th 2013 to over 3,657,378 GH/s November 5th 2013.

Add in that US banking institutions have taken steps to no longer support international wire transfers out of US.

Government institutions around  the world recognizing that bitcoin is a measure of value (currency)

ATM's and even Debit Cards are being offered in Canada.
Germany has a great taxation policy to bolster adoption.
A future potential ETF in USA, enabling your grandparents to easily invest in bitcoin will only accelerate user adoption.
Finally less not forget that China has been positioning themselves as offering a new world currency for trade.

They are already trading outside of the Fed's Reach with Russia, Australia, Brazil, just to name a few.

Here is a good read, http://www.zerohedge.com/news/2013-10-18/9-signs-china-making-move-against-us-dollar
1908  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 03:38:02 PM


1909  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 03:26:20 PM
These Chinese don't like bears much, they all go quiet while one squats down and just as he's turtling they all go Jacki Chan on him Smiley
You can expect to find Bitcoin as a future topic in History class.

Economics 101: Not Your Father's Monetary Policy


Class of 2017?
1910  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 03:22:37 PM

1911  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 03:14:41 PM

1912  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 03:04:52 PM



VertEx past its previous all time high from back in April 2013
1913  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 03:00:53 PM

1914  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:08:52 PM
I really wonder when this madness is going to stop, at this rate it's a matter of hours to 400 USD/BTC.
I'm all for insane rallies, but this environment gives you very little trading fun, buy and hold is the only winner here.

The Nature of this digital defationary currency.
1915  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 04:25:38 AM

1916  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 03:09:58 AM
1917  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 02:34:22 AM

1918  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 10:00:48 PM
1919  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 05:43:06 PM
1920  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 04:46:33 PM
Get ready for the next wave, some links to good press starting to hit reddit.

( Disclaimer: Only invest what you can afford to lose ( or hide from the wife ) ).

I like post title.

In June of 2010, one Bitcoin was worth $0.004 : Now one dollar is worth 0.004 Bitcoin
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