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26761  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 11:29:12 PM
LOL I looking smart buying 2 BTC at 280 a week or so ago.

Of course keeping an close eye on it just in case i need to exit, but then I will just by lower again.

Yeah.. you are so amazing.   Roll Eyes

Dude, get over yourself. Im no where claiming to be a say all in market movement. Im just proud I actually got it to work out for me for once.

I'm glad for you then...
26762  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 10:36:06 PM
LOL I looking smart buying 2 BTC at 280 a week or so ago.

Of course keeping an close eye on it just in case i need to exit, but then I will just by lower again.

Yeah.. you are so amazing.   Roll Eyes
26763  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 08:13:27 PM
well this is interesting!

 testing the wall now


Adam,

Did you tell your wife:  "I can't talk now b/c the next 72 hours are critical in the observation of BTC walls."  ?

lol, yes i tell her that all the time.

its probably not helping...

 Cheesy


I figured using "critical" terminology would be part of the MO...

In this regard, the next 4 hours are going to be critical to witness where bitcoin volume falls at the close of this weeks candle... It appears that BTC trade volume for this week is going to come in at a 7th all time high on Stamp.  

We will be able to proclaim (even if we are single) that we were there to witness the close of that weekly candle, while history was being made.  Just as some of us can say that we were there and bought into the wall of all walls, the 30k one that is...   Shocked Shocked Shocked   Cheesy

And, maybe also, SOMEDAY, some of us may be able to proclaim that we were there to witness when Shroomie finally got laid... . Cheesy Cheesy Cheesy
26764  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 08:03:16 PM
If you keep saying it lambchop and wish hard enough, perhaps it will become true!

Back in reality you are for the first time in a few months on the wrong side of the market.

me no idea ..i'm just stubborn so holding the stuff i mined....when it gets down to $150 usd or some such maybe I'll have a come to jesus moment
but more likely being pig headed will simply hold it tighter

good to have goals


Yes... good to have a vision and resolution, even during these trying times....  Cheesy Cheesy Cheesy Wink Wink
26765  Bitcoin / Bitcoin Discussion / Re: Rise and Rise of Bitcoin - Watch the Full Movie for Free on: October 12, 2014, 07:45:36 PM
Watched it yesterday. It was very good. Sounds like buddy has a LOT of BTC if he's been mining since like 2010, and prob should have put the movie out for free so everyone can see it. Its on thepiratebay if you want to download it.

Because he has money he should use his time and money to make a movie for your enjoyment for free? If he fails to do that you should feel justified in stealing it?

Well, I have money. I suppose I should get my ass over to your house and wash your car. Don't worry about the supplies, I'll pay for the soap and wax.
I think the reason the movie was made available for free was because it should help spread the word about bitcoin and hopefully increase adoption in bitcoin (and the price). If he owns a lot of bitcoin (from mining in it's early days) then he will indirectly profit this way.

The dangers of downloading the torrent and then 'donating' bitcoin is that it is very difficult to determine what the 'correct' address to send the money to is. This presents an opportunity for scammers

This movie is for people who already know bitcoin, I don't think that anybody who doesn't already have some interest in bitcoin would watch a 90min documentary.

That's a good point!!!   It seems to be a way to reassure people who are involved in bitcoin (or become involved in bitcoin) that they are involved in a laudable endeavor, with a history.

That's kind of how watching it made me feel.... Good.  I am doing the right thing.. etc etc
26766  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 07:42:10 PM
I need to sell a few thousand bitcoins to pay some bills. Sorry guys.

YEAH... sell those ripple... as good a time as ever!!
26767  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 07:34:54 PM
NotLambchop=ShroomsKit???   Cheesy Cheesy

Yep.... he hehe... Shroomie wants to ignore all the "idiots," but for some reason he finds value in NotLambchop's posts?   Go Figure!!!!!   Embarrassed Undecided
26768  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 07:13:49 PM
My thoughts are pretty bland:  If they can do it without any repercussions, they probably do.  That's why regulations exist.

To trick the unwary into a sense of false security while they do it anyway.

Perhaps.
I still prefer that such idiots are raped discreetly, not in the middle of my living room where I'm forced to watch.
Just basic etiquette.


Am I witnessing a white knight?   Thank you for attempting to save us NotLambchop.   Roll Eyes 
26769  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 07:00:25 PM
fuck centralized exchanges.
im betting even more will shut down.

long live OTC.

Another problem is that centralized exchanges seem to set the price, so far.... so hopefully we can transition to some system in which the price is established more broadly, and NOT merely based on various centralized exchanges that tend to be manipulated, as many of us here seem to realize.
26770  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 06:58:00 PM
Total sum of active swaps 13,885.50 BTC

It appears that 600 BTC was used to dump with: http://bfxdata.com/swapstats/btc.php

Who would do such a thing? I mean that is a pretty big gamble unless you have special knowledge about hidden orders and stop loss orders... or is there something I am missing?

aint that a taboo subject.

Also, is anyone else concerned that its taking 4 months, and counting, for Bitstamp to release its 'financial statement audit' ?
Been asking for details for 2 weeks now, and all i get is "its in progress"

https://www.bitstamp.net/article/Bitstamp-BTC-Proof-of-Reserves-May-2014/

Yep... one of the problems with an attempt at voluntary compliance to get centralized systems to comply with transparency..... and NOT engaging in shenanigans... ... .. surely looking forward to a day in which exchanges are more transparent... and most likely some kind of decentralized solution will work.. if all bugs can be worked out.  

I am NOT technical enough to know exactly all of the bugs, but I understand that there are some experimentations in the development of decentralized exchanges taking place.

A decentralized solution would be great. They mentioned it here: http://www.coindesk.com/coinffeine-centralized-exchanges-distributed-alternative/ - Accoring to http://www.coinffeine.com/ it is "coming soon". There is not much going on in their mailing list, but the last commit was 3 days ago, so there is some activity.  
[snip]

I believe Overstock's (Patrick Byrne's) announcement on October 6, was also intended to make developments in the decentralized exchange direction by use of Counterparty - i'm NOT sure about the timeline. 

Also,  seems that Mastercoin and Colorcoin have explored and even put to practice some of these decentralized exchange concepts.
26771  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 02:34:51 PM
Total sum of active swaps 13,885.50 BTC

It appears that 600 BTC was used to dump with: http://bfxdata.com/swapstats/btc.php

Who would do such a thing? I mean that is a pretty big gamble unless you have special knowledge about hidden orders and stop loss orders... or is there something I am missing?

aint that a taboo subject.

Also, is anyone else concerned that its taking 4 months, and counting, for Bitstamp to release its 'financial statement audit' ?
Been asking for details for 2 weeks now, and all i get is "its in progress"

https://www.bitstamp.net/article/Bitstamp-BTC-Proof-of-Reserves-May-2014/

Yep... one of the problems with an attempt at voluntary compliance to get centralized systems to comply with transparency..... and NOT engaging in shenanigans... ... .. surely looking forward to a day in which exchanges are more transparent... and most likely some kind of decentralized solution will work.. if all bugs can be worked out. 

I am NOT technical enough to know exactly all of the bugs, but I understand that there are some experimentations in the development of decentralized exchanges taking place.

Only one bug: Human greed. Imagine you are the exchange owner. So much btc/fiat in there. Only one hot wallet and the rest on the database... Hmm... let's see what this sql command does... You get my point.

Your making my exact point about the centralized exchanges; however, bitcoin is supposed to solve this problem through the blockchain and peer to peer verification.. yet centralized exchanges take transactions off of the blockchain.    The solution is supposed to be to keep transactions on the block chain and to build decentralized exchanges... however, there are some bugs in those kinds of decentralized exchanges creations.. that are beyond my technical expertise to describe.
26772  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 09:56:23 AM
Total sum of active swaps 13,885.50 BTC

It appears that 600 BTC was used to dump with: http://bfxdata.com/swapstats/btc.php

Who would do such a thing? I mean that is a pretty big gamble unless you have special knowledge about hidden orders and stop loss orders... or is there something I am missing?

aint that a taboo subject.

Also, is anyone else concerned that its taking 4 months, and counting, for Bitstamp to release its 'financial statement audit' ?
Been asking for details for 2 weeks now, and all i get is "its in progress"

https://www.bitstamp.net/article/Bitstamp-BTC-Proof-of-Reserves-May-2014/

Yep... one of the problems with an attempt at voluntary compliance to get centralized systems to comply with transparency..... and NOT engaging in shenanigans... ... .. surely looking forward to a day in which exchanges are more transparent... and most likely some kind of decentralized solution will work.. if all bugs can be worked out. 

I am NOT technical enough to know exactly all of the bugs, but I understand that there are some experimentations in the development of decentralized exchanges taking place.
26773  Bitcoin / Bitcoin Discussion / Re: Rise and Rise of Bitcoin - Watch the Full Movie for Free on: October 12, 2014, 09:48:54 AM
Bitcoin Documentary - "The Rise and Rise of Bitcoin"

Official Trailer: http://www.youtube.com/watch?v=0S4dSXTnfms...

I just watched the "Official Trailer" and it is amazing, thank you for spreading the word about The Rise and Rise of Bitcoin.


Why would you comment on the significance of the "Official Trailer" when there are links in this thread to the full movie?


Here is the Youtube link to the full version:


Why NOT watch the whole documentary and comment on that?

I'm not sure but here in my country the video ( that I've posted the link) is not more available to see , can you check please?


Yeah, I just checked the link, and I am in the USA...

It appears that the video is NO longer available at that link on youtube... looks like it was removed from the youtube...

For some, gonna have to go back to the piratebay torrent, I suppose...


OP updated with all the latest info regarding the movie.

Please update OP with the following information...

The movies is out here: http://vimeo.com/ondemand/bitcoindoc/103528614

Torrent is here: http://thepiratebay.se/torrent/11183060/The_Rise_and_Rise_of_Bitcoin_-_HD





26774  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 02:59:25 AM
well this is interesting!

 testing the wall now


Adam,

Did you tell your wife:  "I can't talk now b/c the next 72 hours are critical in the observation of BTC walls."  ?

The most recent buy wall seems to have dried up volume (caveat that the weekend volume is usually a little lower than the weekday volume)....... so seems to be a waiting and seeing scenario?

So Adam has plenty of time to ignore Bitcoin and treat his wife to a nice dinner out. Smiley  Boring Bitcoin days are good for something I guess.


Well this week is still going to be a BIGGIE on the all time weekly trade volume for Bitstamp, and the next 21 hours are critical to determine the placement of this week's candle - so far the weekly candle is the 8th highest ever on Bitstamp, and the weekly candle closes in 21 hours.  

It's so EXCITING... .like watching paint dry.

I'm going out........   TTYL    Smiley
26775  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 02:43:08 AM
well this is interesting!

 testing the wall now


Adam,

Did you tell your wife:  "I can't talk now b/c the next 72 hours are critical in the observation of BTC walls."  ?

The most recent buy wall seems to have dried up volume (caveat that the weekend volume is usually a little lower than the weekday volume)....... so seems to be a waiting and seeing scenario?
26776  Bitcoin / Bitcoin Discussion / Re: Rise and Rise of Bitcoin - Watch the Full Movie for Free on: October 12, 2014, 02:38:45 AM
Bitcoin Documentary - "The Rise and Rise of Bitcoin"

Official Trailer: http://www.youtube.com/watch?v=0S4dSXTnfms...

I just watched the "Official Trailer" and it is amazing, thank you for spreading the word about The Rise and Rise of Bitcoin.


Why would you comment on the significance of the "Official Trailer" when there are links in this thread to the full movie?


Here is the Youtube link to the full version:


Why NOT watch the whole documentary and comment on that?
26777  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2014, 02:32:36 AM
well this is interesting!

 testing the wall now


Adam,

Did you tell your wife:  "I can't talk now b/c the next 72 hours are critical in the observation of BTC walls."  ?
26778  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 11, 2014, 10:15:25 PM
It's time to test those bid walls.

Iīm pretty impressed that so far no one has sold a few into it.

Because everyone thinking we will going upwards towards 400 on monday.

NOT Monday... maybe Tuesday.. Monday is a USA bank holiday.... ... NOT Sure if that will make a difference though, but it may have some kind of an effect to push the up above $400 date to tuesday or thereafter.

We definitely donīt need USA money to get above 400$ All it takes is one click by that USD mini whale that is actin on Stamp+Finex now.
Not to to mention all the the shorts that have to be closed and the USD waitin on the sidelines.
US laggards who havenīt bought in already can buy @ 430 on Monday/Tuesday.

Stamp



Finex


 Cool


There is always a lot of fiat on the exchanges, especially in recent weeks with such price fluctuations, there have been several weeks in order for a lot of big whales (bulls) to put fiat on the exchanges.  And, really, that information (regarding quantity of money on the exchanges) is NOT publicly available, and ONLY exchange insiders know such information (which also gives them an advantage in this trading game).  Surely, there are some people who also are more insiders than others in terms of getting some access to this kind of information.. b/c there are a lot of exchanges, and varying levels of access and varying degrees in which insiders are going to be sharing non-public information.

I do NOT claim to have any crystal ball because surely any large enough bullwhale could pump this thing at anytime, and probably (especially if big enough) could have done such upward pumping any time in the last 4 months..  Nonetheless, there has been reluctance and hesitancy to engage in such upward pumping. 

YES, I agree that there seems to be something different about the recent wall battles that have been going on (including what appears to be a considerable recent increase in trading volume), but I am NOT convinced that an upward pump beyond $400 is as imminent as you seem to be attempting to describe it.

Yes, I want the price to go up, too.... but...
26779  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 11, 2014, 09:54:23 PM
It's time to test those bid walls.

Iīm pretty impressed that so far no one has sold a few into it.

Because everyone thinking we will going upwards towards 400 on monday.

NOT Monday... maybe Tuesday.. Monday is a USA bank holiday.... ... NOT Sure if that will make a difference though, but it may have some kind of an effect to push the up above $400 date to tuesday or thereafter.
26780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 11, 2014, 09:40:21 PM
How high will it go?  There is plenty of posts on the speculation threads to get an idea of what many people believe.  However, the consensus seems to be on the next rally we will hit $5000 or so.  The question is how long do we have to wait for the next rally!

That is the consensus only among those who think that the next rally will hit 5000$ or so.  There are other opinions.  Even doubts that the price will ever get to 1000$ again.



Exactly!!!!!   Cheesy
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