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501  Economy / Speculation / Re: Latest Developments Thread on: January 24, 2014, 05:23:25 PM
http://dealbook.nytimes.com/2014/01/24/bitcoin-is-not-yet-ready-for-the-real-world/

Quite the read.
502  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2014, 07:44:24 AM
seeing a bid of 768 for 174 coins on bitfinex that is not getting touched  for 8 minutes while stamp was in the mid fifties, what gives?

err only btc-e enter the 75x range

right you are, too many charts at once : -)
503  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2014, 07:32:56 AM
seeing a bid of 768 for 174 coins on bitfinex that is not getting touched  for 8 minutes while stamp was in the mid fifties, what gives?
504  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2014, 08:40:04 PM
http://www.scanvine.com/

Tiger direct trending # 7 on Scanvine....
505  Economy / Speculation / Re: BTC is being manipulated into stability. But why? on: January 23, 2014, 04:42:22 PM
from china to wall street. that's what's going on deep in the fog.
506  Economy / Speculation / Re: $10 straight clean arbitrage to be had going from Stamp to BTC-E.... on: January 22, 2014, 09:27:33 PM
First, everyone whines that bitcoin is volatile.  And now that it's stable, everyone whines that they can no longer make money off the volatility.

But its not stable.

Its fake manipulated stable and when enough Bid orders build up, Fkn Whack! Some whale drops a shit ton of coin right on the Bid wall triggering about 800 suckers' bids within 20 seconds, then the price dips and bounces back on low volume, and is artificially upheld to allow for conditions to build up for next mammoth cash out.

We are in a cash-out phase just now and I wouldn't be surprised to see yet more surprising 'strength' at this slightly lower but almost equally narrow trading range as yesterday, only for a Bid wall to be triggered by some bot dumping 800+ coins on the market in a big dirty manipulating rat oner.

I constantly have my eyes on the Ask depth standing in front of my Stop Loss buy order, and it is piling up incessantly as the Ask's accumulate around the spot, yet Bitcoin remains 'stable'.

Bullshit....totall fkn sham the whole lot of it.

Well.  As of now, Gox and Huobi have completely decoupled from Stamp.There is a clear pattern of Coinbase / whale / mysterious dark force keeping the price stable on stamp. Betting on the horse, feeding it with love. The goal may be artificial support towards cash out, the goal may just as well be artificial support for bitcoin's image towards an investor group, the goal may be to slowly accumulate all these coins that are being cashed out. Who knows. Does it matter? Facts are facts. The price is being supported. No point hyperventilating. Choose your theory as to why, and place your bets accordingly.

I see actually a great deal of logic in a careful accumulation of all coins being cashed out through stamp whilst the other exchanges breathe their last. Especiallly if a stable price is maintained, with all the outward cred that broadcasts to whatever investors / public image one is trying to keep corralled.
507  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 07:58:03 PM
If you read and understand this article, you will be enlightened:

http://finance.fortune.cnn.com/2014/01/21/bitcoin-platform/

Lots of nice predictions, we will see if they materialize.  (By the way, CNN blogs are not very selective on what theiy publish, it seems.  The author does not seem to be affiliated with CNN.  Is that a reader-contributed article?)

The title of that article is rather funny though.  Does the author realize that Napster was originally a pirate site that threatened to bypass the copyright industry's monopoly market, was crushed for that, then assimilated by that industry? 

If we take that title literally, Bitcoin will be appropriated by the banks, and turned into a fancy brand for something entirely different from the dream of its inventors.

Napster and other pirate music sites had perhaps the merit of forcing the music industry to accept the internet as a delivery channel (instead of physical records) and reduce their prices from absurd to merely exaggerated.  (But  the merit for that goes to Apple, whoc ould not simply be crushed like Napster was.)

I do hope that cryptocoins will at least have the same effect on the cost and delay of international money transfers.  Beyond that -- well, I am still not convinced.


Actually, Napster shattered the music industry paradigm. What was eventually bought up was the insignificant remnant that remained long after the fatal blow was struck.
508  Economy / Speculation / Re: Latest Developments Thread on: January 14, 2014, 06:47:23 PM
All these FT links are paywall blocked, possible to do a little cut & paste .... ?
509  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2014, 06:35:08 PM
Half million dollars at 820 on Bitstamp.  Uffff.
510  Economy / Speculation / Re: Consolidating Trend -- A Page From Arepo's Notes on: January 09, 2014, 10:35:04 PM
Just want to say, i am enjoying this thread, y'all are going at it but its all good : - ) Nice to have the lively discussion. Good everyone!
511  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: January 08, 2014, 09:41:57 PM
That Western Union response ....

Sorta sounds like the dinasaurs shortly before the giant rock hit the planet.
512  Other / Beginners & Help / First Post : -) on: January 07, 2014, 09:13:29 PM
Greetings from the north. Been lurking a few weeks and learning quietly, now I hope the powers that be will allow me to post in other threads. I have precious little bitcoin knowledge to make a 'substantial post' so i will make the gift of a small story instead:

The zen monk was out walking with his student when a flock of wild geese flew overhead.
What are they doing? demanded the master.
They are flying away! said the student.
Idiot! cried the master, striking the student a great blow. How could they ever fly away?



HODL!

: -)
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