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8901  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 02:01:25 PM

k
8902  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 01:47:45 PM
Btw.

Some actually good news to cheer you up on an otherwise dull moment:
http://www.reddit.com/r/Bitcoin/comments/228rfd/bitcoin_app_store_for_ios_android_no_jailbreak/

this is pretty good news

8903  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 03:45:49 AM
finding it exceedingly difficult not to post random gifs of trains and rockets.

Ohhh Adam...you are as wonderfully endearing as ever.

How are things (been locked up lately Wink ) ....I hope you are lavishing your wife with lots of gifts from your BTC riches Smiley

things are good

no not lately

yup shes happy. (i should probably go to bed now.....)
8904  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 03:39:58 AM
finding it exceedingly difficult not to post random gifs of trains and rockets.
8905  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 03:39:08 AM
Dive! Dive!

pretty sure your alts aren't going to buy you more coins tomorrow.
8906  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 03:38:26 AM
http://youtu.be/uif9SEchydU

Disturbed Land Of Confusion
8907  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 03:21:08 AM
Light speed? 

Something faster than rocket but slower than light.

pop tart cat with rainbow powered propulsion?
8908  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 03:13:38 AM
Just wondering, if you are trading on Bitstamp etc,  do you need to wait for confirmation (n-blocks)   before you can trade bough bitcoins?
Or are tthey instantly available, like with altcoins trading?

yes its "like altcoins trading"

why the F were you trading alts tho?

dont you know china is banning bitcoin?
8909  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 03:05:30 AM
tomorrow we post trains, then next week rocket pics?
8910  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 02:47:20 AM
China bans bitcoin

China doesn't give a fuck.


bullish?
8911  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 12:19:35 AM
Poll Results:
 
Quote
485 or more   - 10 (10.4%)
470   - 11 (11.5%)
455   - 26 (27.1%)
440   - 26 (27.1%)
425   - 9 (9.4%)
410   - 3 (3.1%)
395 or less   - 11 (11.5%)

the closest price for todays daily close of 452.2 is 455
27.1% got it right with 26 votes

My vote was 455, right on the money  Cool

well done all.

The next poll will start immediately, voting will be locked 2 hours before the daily candle closes at 8:00PM EST, you don't have to vote right away, but be sure to have your votes in before 6:00PM EST Tomorrow.
8912  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 11:06:41 PM
apparently the daily candle closes at 8:00pm EST now

54mins left, get those votes in.
8913  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 10:19:32 PM
so i'm the only bull left?
8914  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 08:56:09 PM
Market Cap Comparisons:

Bitcoin   $5 B
Apple   $475 B
Chipotle Mexican Grill   $17 B
Dollar Tree, Inc.  $11 B
IBM  $200 B
Intel  $130 B
Costco   $49 B
CVS Caremark  $89 B
Berkshire Hathaway $307 B
Pandora Media $5.6 B

Most people probably haven't even heard of the names for 99% of the companies with the same market cap of BTC. It is still in small-cap stock territory and it's market price behaves as such.  How much Capital does it take to move the price around?  $5 million has a huge effect.  How many individuals can move that much into and out of a market(s)?  How many trading firms around the world can?  How does $50 million sound?  This isn't even the beginning yet.  Fortunately, and I think there are a good number of people here who already know this, all of the information you will need will be right there in front of you, hidden in plain sight.  You just have to focus and know how to see it.  

I've learned a few things about bitcoin from this thread and had a few laughs, so thank you for that.  I wish you all well, although I will still try to take your money if given a chance.  Wink

Sayonara,
Nick


Stats like these are always so eye opening.  We get so concerned about China but many of these companies are only in the USA so we should not be too concerned.  To think that BTC only has a market cap of  $5 Billion and Chipotle is 3x that?  Don't get me wrong, I like Chipotle, but that is crazy. Wink   The question I have is what is the estimated price when we reach $10 B, $15 B, $50 B and so on.  I guess it depends on the amount being hoarded or available on the market at that time?  

just divided the market cap by the total number of coins and you'll get the price per coin.

if bitcoin had the market cap of gold each coin would be worth 5,367,379.98




and these guys would STILL be buying god damn Waffles
8915  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 08:40:17 PM
Through the last week I have been buying in the 450-520 range (first time buyer). I am all in and prepared to throw more of my monies at BTC in a few days if we don't run into an upswing by then. I have been lurking for a month, many thanks to those whom contribute their knowledge to the thread. I will be keeping my mouth shut around here until I learn the ropes a little more.

Welcome, feel free to ask questions.
8916  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 07:00:29 PM
new poll

new format

more serious
8917  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 06:11:29 PM
can we get a bear to dump?

fonzie tell us again about this china thing.
8918  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 06:05:44 PM


Moment of truth. How many hours left??

I make it 8.5 hours.  Then the market will decide Smiley

what if the price rises 2800 in the next 2 hours?
8919  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 05:14:33 PM
Wow - In case you missed this...
http://www.coindesk.com/new-texas-memorandum-outlines-initial-bitcoin-exchange-guidelines/  

It basically says Texas isn't going to regulate bitcoin exchanges and you don't need a money transmitter license in Texas - at all.

"Therefore absent a legislative change to the statute, no currency exchange license is required in Texas to conduct any type of transaction exchanging virtual with sovereign currencies"

Direct quote from the Texas Department of Banking.  It is not an interpretation.  It is direct from the horses mouth.  Therefore, you can open a bitcoin exchange for all Texas customers - TODAY!  No license necessary.  I think only Idaho has a similar situation.  

This is BY FAR the single most important document we've ever received from any United States government.
http://www.dob.texas.gov/lg_manual/sm1037.pdf 

This is HIGHLY favorable to bitcoin.  Please read it now.  Read it carefully.  Celebrate later.
8920  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 02:14:13 PM
its official, bitcoin rocks!
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