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8281  Economy / Speculation / Re: China blocks BTC Guild, bitminter and Slush Pools? on: December 20, 2013, 03:36:35 AM
I wouldnt get too excited about site X or site Y being blocked in China.

Every time there is a bad story on CNN about China, CNN gets blocked for a couple of days.  Same with BBC etc.  This is normal.

Locals learn to live with it and work around it (VPN, proxy tunneling etc) or use lower profile sites that arent blocked.  The CCP only tends to block the most obvious sites.  It also changes from day to day depending how on the particular party official is feeling that day.  Of course Tianemen Square, Tibet, Falun gong are perma banned.
8282  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2013, 11:26:23 AM
for arbitrage to happen, those coins from China must be sold somewhere right?

Even if the buyer keep 50% thats still a lots of coins to sell....

For anyone who doesnt know, CNY is when they spend lots of money.... so more incentives to cash out.


Good point.  CNY end January so expect another dip around then.  All those red envelopes to fill. 
8283  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2013, 11:07:10 AM
Call the bottom with a time line.

Bottom at 425 on 4 January

By the way seeing as I called the bottom pretty much to the dollar before Gox even dipped below 700 I am going to hold to my original prediction that we will see another dip into the 400s before US banks reopen on the 4th.
8284  Economy / Trading Discussion / Re: Best place to sell BTC in Australia? > 10 BTC on: December 19, 2013, 11:02:26 AM
To sell on coinjar requires full verification and bank account linked. 
8285  Economy / Speculation / Re: BTC to $304-$377 by mid/late January on: December 19, 2013, 10:11:55 AM
whatever the new bad news is, will be such a mind fuck.

Apart from if sha-256 is broken or 51% attack successfully forked off another blockchain, anything else is not worth paying attention to.

i'm sorry, i'm not keen on the mining end… what does breaking sha-256 impart on the value of btc? wouldn't it make it more difficult, therefore more rare/valuable? preach...

Bitcoin is built on SHA 256.  If someone manages to crack SHA 256, Bitcoin is over.  

*edit*. It is currently believed impossible to break SHA 256 with current technology and math skills. 20 years from now - who knows. 
8286  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 12:39:09 PM
I think wait! China not looking as bullish as people in this thread want you to believe.

Yeah, btcchina is still at $400 while the rest of the world is back at $500... what gives?

Anyone wondering what the weekend dip look like.

Or the Christmas dip for christ sake!

Quoted for truth.  Wtf is going to happen when people can't get fiat onto the exchanges for 10 days straight because no one is around.  I have planned for this and my fiat is already there.  90 percent of the population hasn't. 
8287  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 09:10:52 AM
600.

Fuck me dead.

Thats ummm 120 USD rise in about 3 minutes.
8288  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 09:07:55 AM
Someone just stuck a rocket up Gox.

And to think I was complaining about how boring it all was this morning.  Im not bored now.  
8289  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 09:05:23 AM
Dont run away from me now just because I missed buying at 480.
8290  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 08:59:11 AM
Ok whos buying?

I've been buying all the way down from 800...  Undecided

Seriously though, sub-500 feels like a good buy to me. We may fall further but I can see this settling around 500-600 after the dust has settled.

I have been buying all the way down as well although I hesitated and missed 480 on Gox.  
8291  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 08:43:09 AM
Holy wow, gox, wtf. Battle at 500?

No battle here.  Move along.  
8292  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 08:40:55 AM
500.6.  Holding for 3 seconds so far...
8293  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 08:28:07 AM
Just me or are the spreads between Gox, Bitstamp and BTCe really narrowing?
8294  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 07:39:19 AM
What's with the poll, no date, no sub-540 option?

It was written a long time ago.  60 minutes ago...
8295  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 07:26:46 AM
When this eventually snaps back someone gonna get whiplash.  
8296  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 07:24:22 AM
Nom nom nom nom nom.

Burp.
8297  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 07:10:04 AM
Lol $20 drop on Gox to 580 in 3 seconds.  Maybe better hurry up with that popcorn. 

it's probably the chinese already transferring some bitcoins to GOX to sell... probably b/c it still has the highest prices.

Some Chinese billionaire moving his billions offshore deep in the FUD.  
8298  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 07:06:38 AM
Lol $20 drop on Gox to 580 in 3 seconds.  Maybe better hurry up with that popcorn. 
8299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 07:02:12 AM
Good morning guys, what the hell is happening, I don't want to read all 20 pages !!!!!!



World is ending,  grab a chair.

Feel free to go make popcorn.  Its ending rather slowly and will still be here in 15 minutes time.  
8300  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 06:25:34 AM
Looks like I am going to be back for another bite soon.

Sure glad I have my buy curve planned down to $10.  Maybe I need to plan for sub $10.
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