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981  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 08, 2014, 12:23:06 AM
I just posted a news article in the press section.  We are going to be able to get Bitcoin ATM cards that work anywhere Discover card is taken!  This is really exiting news I believe, and of course, it could be Bullish.  Granted, some people will cash out their coins perhaps, but it is progress nonetheless!  Smiley

http://gigaom.com/2014/04/07/new-bitcoin-debit-card-claims-to-work-with-90-percent-of-us-atms/

Hell yes that is bullish. I can go on a shopping spree with my bitcoins wherever Discover card is accepted? Huzzah!

Quote
yep!  I'm waiting for the next response before losing my rag with them.

Have you changed anything about your account recently? They lock withdrawals for two days if you do.
982  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2014, 04:07:46 PM
margin calls?
983  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2014, 03:48:28 PM
some light chooing
984  Economy / Speculation / Re: Fire sale! on: April 03, 2014, 04:20:37 AM


Amazing. I haven't watched this show in forever, but it's among the best I've seen.

I put my buy order in for more beer, am I doing it right?
985  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2014, 02:30:47 AM
So, who's drinking? What's the opposite of champagne?
986  Economy / Speculation / Re: Fire sale! on: April 03, 2014, 02:29:55 AM
^^It's a bit different when buying at the bottom of a final capitulation versus at the top of a massive runup.
987  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2014, 02:20:37 AM
Here's hoping BJA either sold a little on the spike or found something to hock.

If the posted bids down to 400.01 were dumped at market, they would buy up to 490.76


I closed my margin long @ $478 and took a good pounding. My biggest loss ever. Note to self: Never hold a margin position overnight.

note to all : NEVER NEVER EVER TRADE ON MARGIN!!! Wink jmho!!!

I'll play the ignorant n00b card again... could you please explain what trading on a margin means?

In my defense, it does say "Newbie" on the left Smiley

It's when you borrow money (or bitcoins) to bet that the market is going in a certain direction instead of simply buying/selling. If you're right, you win more. If not, you lose more.
988  Bitcoin / Bitcoin Discussion / Re: Name something you've actually BOUGHT with bitcoin on: April 03, 2014, 01:53:29 AM
Gift cards, and computer parts from FrozenCPU.
989  Economy / Speculation / Re: Holy Cow Shit! I am now too scared to trade Bitcoin, short or long. on: April 03, 2014, 01:38:47 AM
The thread title shows why you shouldn't be trading at all.
990  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 06:08:28 PM
Look on the bright side, at least we don't have to deal with Gox!
991  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: April 02, 2014, 05:57:19 PM
P.S. Mining is now concentrated in one pool with greater then 51% attack hash power.

Why do you keep claiming that?

https://blockchain.info/pools

No pool is close to 50%.

Guys, he has an IQ of 150. He must be right.
992  Economy / Speculation / Re: point of maximum pain on: April 02, 2014, 05:53:22 PM
Starting to feel like December. Controlling fear on the way down and greed on the way up is key.

I think I'll go shopping today.
993  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 05:47:22 PM
*wakes up from back seat*

are we there yet?

*zzzzz*
994  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2014, 08:25:53 PM
When Mt Gox was dying, the market slid for months. When they stopped accepting deposits (for the last time), the market crashed to $400 and immediately rebounded to $710.
The slide from $710 to $436 was because the eventual banning of BTC exchanges was being priced in. There was some confirmation of this with two small exchanges that took us from $486 back down to $440.

Yep, a double-whammy capitulation event. I think the worst may be behind us, the community having learned a tough lesson by a proper Goxxing and telling the Chinese to get onboard or get off the boat.
995  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2014, 08:20:16 PM
So considering all that’s going on, when do you think is a good time to put in a large purchase at coin base?

Yesterday. But now would be a good time as well.
996  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2014, 07:25:32 AM
I could use some trains.
997  Economy / Speculation / Re: watch out Paypal ... Square accepts bitcoin now on: April 01, 2014, 02:30:17 AM
Yeah, few days ago when this news appeared it was the first time I heard for Square. But it never hurts to have new kids on the block  Grin

Lots of small businesses accept Square. It's used a lot at farmers markets and for people who want to accept physical CC cards (they give a free card reader that plugs into your smartphone's headphone jack) without the hassle of signing up for a merchant account. My barber accepts it, and I just paid a cab driver today using it. It's pretty common in the US.
998  Economy / Speculation / Re: BTC may never be this cheap again on: March 31, 2014, 03:51:56 PM
If they do get cheaper, it won't be by much and the sale will be brief. A $30-$50 price difference won't matter if you are thinking long term.

Isn't it funny how human psychology works? It's so difficult (even for me) to buy at this price because of the bearish sentiment. If the price bounces upwards in the next weeks/months you'll be glad you did. If it doesn't, you'll be ok because you invested no more than you can afford to lose.
999  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 27, 2014, 11:39:50 PM
It's that moment where you're terrified you're going to lose it all.

aka "The time to buy more"

This. Always this. Some people never learn.
1000  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 23, 2014, 07:42:06 PM
Oh, we are back to discussing my person... looks like someone really needs that lesson.

Well, you put yourself out there.

You post in the busiest thread in the forum (and this thread only), are quite opinionated to the contrary, and don't own any coins. People questioning your motives is going to be normal. And since we seem to be guinea pigs within some data collection experiment of yours, yeah, your not going to make many friends.
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