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821  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2015, 04:41:04 PM
.... I either want to make thousands of dollars or lose it all. I'm not in this thing to make a couple hundred bucks.

 I also believe in the system and want to use BTC for its intended purpose eventually.


I think you will find that these 2 noble goals are probably mutually exclusive.
Or do you just expect everyone else to go out and do the legwork, take the risk, etc. just to make you rich? Have you so little respect for your fellow travellers bitcoiners?
822  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2015, 12:50:52 AM

Change you tune!!!

https://www.youtube.com/watch?v=_kpyhzj5_BA

823  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2015, 12:49:35 AM

Thousands of years ago before books were printed in any quantity, people would memorize an entire book so that they could share it with others.


what books were printed thousands of years ago??   Huh
824  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2015, 12:43:38 AM

I think he imagines that he's somehow being clever or humorous rather than just being mind-numbingly repetitive and boring, especially since his sig begging seems to indicate that he fancies himself as some kind of comedian or humorist.

It wasn't funny the first time and telling the same lame joke again and again can be really annoying.

You really hate it when posts are mind-numblingly repetitive?
825  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2015, 03:29:25 PM


Retard Mode is setting in. Time to go up.


Havent seen a "Is bitcoin ded?" post yet. Too soon.

PS  Where is dev?  Grin
826  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2015, 03:27:32 PM
Are you watching the walls, gentlemen?  

THERE IS NO BOTTOM!

Shocked

Which idiot looks at walls?

Not I.  But if I did... I'd probably hang in the Wall Observer thread Smiley

Fonsie, I can smell you burning from waaaay over here.....
827  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2015, 02:36:26 PM
Big buys @Finex.

Big buys LOL.

What chart are you looking at.

Still no real bounce, probably go own further tbh.

$30mill of longs , everyone is leveraged long to fuck and now the market maker is laughing all the way to the bank as nobody has money left to buy this up. Just look how weak this bounce is.

I hope you do realize that what you see happening on the exchanges is just kids play to get what you want when buying over the counter.

OTC? You are having a laugh, right? The real price of bitcoin is being hammered out right before your eyes on these markets.  OTC is just a comedy side show.
828  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2015, 02:33:09 PM

We are going nowhere but up.
Bottom was hit.
Bouncing off it.
Last chance for cheap coins

New lows are created faster than you can make wishes.

829  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2015, 02:27:44 PM
We're gonna hit, or be very close to 255 during august.

Then 400 by the end of the year

pic

Not going to happen! We aren't dropping below $270. $400 seems like a low target for the end of the year. I'm thinking closer to 600.

Well, that didn't go well.


edit:  Apologies noobtrader - just spotted your post.

830  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2015, 01:21:15 PM
Booiiiinnnnggg!!!!
831  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2015, 10:47:36 PM
@RJ

Yes we can wait, 10 years is nothing in life. I know from speaking to you privately that you're a young man too. I'm totally relaxed about the situation at the moment. Our ultimate goal is mainstream adoption, obviously if that does occur then the big prices will follow naturally.

We're still in accumulation phase. Every single satoshi counts at the moment. Stay calm & patient, we're in this for the long haul.

The HODLERS club is amazing, although it's full of pain and blood, but in the end, the sun WILL shine.

You sound like you have no real idea how this is going to happen - just a blind gamble that the rest of the world will somehow pick you to be the new elite.

How many wealthy people do you know who got wealthy simply by buying... money?
832  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2015, 09:38:01 PM
have the impression the forum becomes more and more attractive for guys which are working in financial institutes since the financial industrie fall in love with the blockchain. if I were they I would also troll the enemy. Wink

If they are then its purely as a source for witty dinner party anecdotes.
833  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2015, 05:24:41 PM

Makes no sense. There is always a price whereby motivated buyers can induce an owner to become a seller.

Makes perfect sense in a deflationary context. Would you sell something today that you know will be worth more tomorrow?
834  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2015, 05:19:33 PM

Obviously, it is not the last word.

I regard them as tangible. (Remember Tangible Cryptography?)


Yup, it goes back to the old mantra of "If you don't have the private keys, you don't have the bitcoins"
835  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2015, 05:06:50 PM

I don't think it will happen any time soon either.  Just look at the trouble they're having with obviously needed changes, like block size.
No, Bitcoin will likely remain unchanged (and in beta) for the rest of its life Sad

It will happen if  bitcoin fails to be a plausible currency due to its inherent 'deflation by design configuration'.

If people cant buy bitcoins because they are all owned by folk who want to hoard them, then they will go elsewhere.
 
836  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2015, 05:00:22 PM
Tokyo judge says "You cant own a bitcoin...."

http://www.coindesk.com/tokyo-court-bitcoin-not-subject-to-ownership-2/
837  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2015, 12:19:54 PM
I just really hope I manage to get some BTC below $300. So, guys, prepare to go past $320. God knows whenever I want cheap coins, the price goes up

... Wait. That sounds familiar.

I just really hope I manage to get some BTC below $300. So, guys, prepare to go past $320. God knows whenever I want cheap coins, the price goes up  Undecided

Please don't steal my comments. Hey guys, new account because some meanie gave me bad rep because he "disapproves of account farming".

Don't worry. At least it wont harm your zero credibility. (too much)
838  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2015, 05:30:31 PM
Im so excited about the halving, whether you think its going to go up or down no one can argue that the uncertainty is gonna bring some volatility so us traders can finally make some good money again.

In the nearer term, we have the upcoming possibility of the Chinese  having to free float the rmb.  They've been artificially keeping it down by pegging to the usd, but if they want to be part of the sdr basket, they will have to unpeg. If it becomes a de facto reserve currency, a lot of Chinese hodlers could have a good reason to switch out of bitcoin.

I'm not sure of the timeframe, but I believe they have to decide ahead of the next IMF meeting in October.  It will be interesting to see how (or if) it effects bitcoin.
839  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2015, 01:22:50 PM


Based on the time for a single block (368501)? Are you kidding me!? Cheesy Cheesy Cheesy

Do you even?

840  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 04, 2015, 06:12:57 AM
Another "stress test" just started.  The backlog is already 60 MB of unconfirmed transactions, and the input traffic is ~ 3 MB every 10 minutes, or ~5 kB/s .  So far, the tester is paying 0.2 mBTC/kB, like the last one.  Will it keep at that, or increase the fees later?

How accurate are these figures?  Its a simulation of a model of the system, so doubly removed!!.
As the dev admits, " the main tradeoff, however, is the dependence on the model assumptions"
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