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3161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 06:47:10 PM
914 was just TOO cheap - some smart money out there.

Enjoy your few minutes in the sun, bears...?
3162  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 06:44:06 PM
The cavalry!
3163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 06:42:27 PM
Never boring is it - I was going to take the night off and expect to check in to see 1100+

Oh well, let's ride it out and see where it bounces back - the bears have it... temporarily.

3164  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 04:53:36 PM
Fiat leaks slowing EVEN MORE money coming in 10,000 BTC an hour in money coming in.

It hit close on 7000 just before the 1000 mark and it's accelerating.

There will be no pulling back you, we will seriously overshoot 1000 IMO  

hah!

For every coming in, there is as much going out.

I am sure you're right - but momentum IN is huge, and a lot must be in Gox, so won't come out so easy in cash.  

The old guard can sell into this, sure - but I don't see how the momentum slows just now - not for a while.   1100 tonight looks easy now.

We shall see.

Right now... Choo choo MFs!
3165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 04:47:40 PM
Fiat leaks slowing EVEN MORE money coming in 10,000 BTC an hour in money coming in.

It hit close on 7000 just before the 1000 mark and it's accelerating.

There will be no pulling back you, we will seriously overshoot 1000 IMO  

hah!


3166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 01:51:32 PM
Waves of money coming in - Fiatleaks showing nearly 7000 BTC per hour - way high, something is coming.

This is not bearish news!
3167  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 09:03:22 PM
Fiatleaks is showing over 4500 BTC an hour in money coming in from around the world in total (mostly USD and CNY).  

USD way above China, but not because CNY volume is unusually low...

Fun to watch:

http://fiatleak.com/

3168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 07:32:33 PM


That's better - about time we had a new ATH to choo choo for...!
3169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 07:28:25 PM
Nice to be back, I did a little day trip to beautiful small mountain town called Ronda. So seems like we are going higher and rpietila still try's to talk crash here =) Well let bears be bears. Nice to see some real buying, been a bit quiet lately. When we break 1000 USD, there will be major media coverage. $999 is maybe a bit expensive while $1001 is cheap coins.

One thing rpietila said today:

"You know, we kind of decided that $900 is the cap for now".

'We decided...'?

Hmmm.... It's held so far.

So rpietila sells all hes coins at 900 while bigger whales laugh their asses off Grin

It's all history now - hee hee!
3170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 07:26:10 PM
Where are the choo choos!??!!!!
3171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 07:24:13 PM
Didn't last long..  Hah!
3172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 07:19:52 PM
Nice to be back, I did a little day trip to beautiful small mountain town called Ronda. So seems like we are going higher and rpietila still try's to talk crash here =) Well let bears be bears. Nice to see some real buying, been a bit quiet lately. When we break 1000 USD, there will be major media coverage. $999 is maybe a bit expensive while $1001 is cheap coins.

One thing rpietila said today:

"You know, we kind of decided that $900 is the cap for now".

'We decided...'?

Hmmm.... It's held so far.
3173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 10:23:08 AM
Its not an insult, you guys need to research about this reptile dude b4 even bother reading his post. He was a laughing stock. Then he admitted that he needed help and checked into rehab. None of that is an insult. I'm shocked seeing him back and the same old "i'm loaded, i'm dumping coins" BS.

If you check back to my posts last spring, they did indeed generate more angry responses. So I decided to back away from the forum until they would be better received. IMO this is what's happening just now - all of my threads are receiving spontaneous kudos from newcomers especially.

Good for you. Just stop with supernode and whales crap and you'll be fine.


Lol, one cannot deny his destiny: Once I get my hands on the 8-figure amount of CNY that is sitting in my trading account, I buy a 1600s palace with a 14-acre garden.

 Grin Beat that dude!  Grin (With this rate of value appreciation, you can easily in 1-2 years)  Grin

Party at your palace then?

Hah! Priceless Wink
3174  Economy / Economics / Re: I am getting tired of BTC on: November 26, 2013, 01:43:38 AM
Stay out of the speculation forum, it's addictive.

I second that - am a spec forum junkie too...  Oh dear - the hours I spend watching charts, reading posts... Other half thinks I have lost it.

Sad, very sad!
3175  Economy / Economics / Re: Bitcoins UK future looks bleak on: November 26, 2013, 01:35:36 AM
Can't read the link - so I may be talking out of turn, but personally I have found getting into bitcoin ok - troublesome, but ok.

There is one exchange with a uk bank account - pricey but fast and taking uk bank transfers:

velaexchange.co.uk

I only use this as I can't get money to Bitstamp fast now - Transferwise won't do BTC-linked transfers. I used to use OKPay to get into Mt Gox but that's gone as an option too.

Sepa to Bitstamp works - it's just slow Sad

Once you do have coins, then you can get onto Mt Gox and all exchanges (I am on Stamp and Gox)

Bitstamp is the best bet for European exchanges, but I wouldn't keep too much on any one exchange, you never know!

The UK will come around eventually - London will want its cut when they see the money flying in.

For now - just get in and enjoy the ride...?





3176  Economy / Economics / Re: How would Satoshi prove his identity now on: November 26, 2013, 01:22:27 AM
Assuming he really exists...

Why would he want to identify himself?

He can do anything he wants and no-one will bug him, try to kidnap his kids - snap him when he tries to eat out...

If he is mart enough to have invented Bitcoin, he is probably smart enough to not want the inevitable attention.
3177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 12:18:39 AM
MAssive front page story on the Guardian site:http://www.theguardian.com/technology/2013/nov/25/is-bitcoin-about-to-change-the-world-peer-to-peer-cryptocurrency-virtual-wallet?commentpage=1

Play BTCbingo:
ponzi/volatile/crash/satoshi/drugs/guns/winkelvoss/tulips

Then leave a comment and straighten these guys out Cheesy

Your link is f'ked. It's got ftp at the front.

The article and BTC got a pasting - I left this :


There are some remarkable bright and astute people who are watching and at the very least, taking an interest in Bitcoin.

At the US senate hearings concerning digital currencies last week, the US senate and various US security and crime departments refused to condemn it and were relatively positive about this being a possible future benefit to the world, offering new ways of storing wealth and transacting for goods and services.

It is not a Ponzi scheme and involves some of the finest technological minds on the planet working at making it better all the time.

Money itself is illusory and is printed by governments on a whim, so it stands up as arguably more solid than regular currencies as it has a finite supply and is a very secure and traceable (if not transaction reversible) form of value exchange.

It is impossible to send a £10 note over the internet, but you can send a bitcoin. Not a promise of one like with banking, but it actually transfers from one holder to another.

If you think that the internet will not have its own currency, ok - go ahead and don't even think about digital ways of value exchange, it does not take too much imagination to see it makes sense there should be ways that are better than the ones offered by banks we have.

If you do think this might evolve new systems more suited to our lives, with a way of cheaply transferring real value to each other in minutes, around the globe, into any currency system - with extremely low costs... well, why not stop, think and maybe research a little.

I did and I am an economist and yes, I do have Bitcoins - not too many, but a few - I personally think this is a game changing technological advance.

If Twitter can sell shares with no profit ever made, for billions of dollars - why dismiss a technology that is not merely 'an app' but a whole new exchange system?

Sneer if you wish, but it makes no sense not to be well informed before you comment.
 
I have made my mind up that this (or something like it) may well be the future of transactions and, yep - I am in.

Remember the first time someone explained e-mail to you?
3178  Bitcoin / Press / Re: 26-11-13 The Guardian "Is Bitcoin about to change the world?" on: November 25, 2013, 11:47:07 PM
The Guardian is hugely respected and followed assiduously by the media, particularly in the BBC.

It's a balanced and pretty accurate article - hedges its bets a little but basically gives it a credible look and sort says 'this may well be the future of money'

I think it's good for BTCitcoin...

Might help the battle to keep the bears in their caves until the noob money cavalry comes, at least Wink
3179  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 25, 2013, 10:14:45 PM
Bear trap snapped shut Wink
3180  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 25, 2013, 10:06:44 PM
Wow - some fierce bulls fighting back...
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