Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[adsdas]

Wall guy is back! $5000 it is!

[Patel]

This poll is too damn old!

[derpinheimer]

Wall guy is back! $5000 it is!

lmao xD

I dont think its the same guy tho, the rally to $700 seemed to have a pattern. This wall doesnt fit it. Unless they just found a couple hundred thousand dollars lying around and wanted to throw that change into BTC.

[JayJuanGee]

Btw. I am in the process of coauthoring (with sirius) an e-book about "History of Bitcoin Economy". What would you like to have discussed?

Are you going to discuss [ ... ] the fact that governments may see their abilities and efforts as very difficult to regulate and/or stifle bitcoin given the P2P nature of it...

I think that he said "history" and not "fairy tales". 

Bitcoin is very easy to regulate and stifle, see China for example.

I think that my outline of the regulatory issues and obstacles are in line with reality.  NOT every "history" book is going to recognize certain kinds of dynamics, and some history books will get history wrong b/c they fail to take into account certain actual dynamics.  Surely, it will be easier to write a history book that minimizes taking on controversial topics....

HOWEVER, merely b/c a topic is controversial does NOT equate that topic to a fairy tale.

China may have realized that it cannot stifle bitcoin.. and china has a mixed set of motives including a desire to have some kind of investment vehicle separate from the dollar... .. so China is likely torn about bitcoin and about whether they like it or hate it... maybe they are frienemies with bitcoin?

I agree with the concept that governments could push bitcoin into the underground; however, it remains quite unclear how much they are able to actually and directly regulate bitcoin... we DO NOT have a world coordinated government at this point, which would also make it more difficult to regulate bitcoin b/c so far governments have NOT seemed to have been very concerted or coordinated in their attempts to regulate and/or control bitcoin...

There seems to be a hodge podge of governmental action.. and even governmental action in one direction and then redefinition and regrouping and reversing and then action in another direction... rinse and repeat.  The actions and reactions of governments are NOT a fairy tale... and different historians would frame these dynamics in different ways.

[MANofthePEOPLE]

CHOOOOOOOO CHOOOOOOOOOOOO

[KeyserSoze]

climb aboard, bears. now or never.

[bassclef]

bears gonna need some caffeine soon

[Ivanhoe]

Wall guy decided it was marketorder-o-clock.

[derpinheimer]

climb aboard, bears. now or never.

Only if we see another pattern of gradually moving walls. This could be an isolated incident.

[PoolMinor]

[JayJuanGee]

I'm still hoping you'll admit that a community is voluntary and does not initiate violence, at least not against its own members, in contradistinction to a the involuntary membership and routine initiation or threat of violence characteristic of a gang, JayJuanGee.  If you want to hold a value system in which initiating or threatening violence against people who just want to mind their business is a routine way of life, I certainly can't stop you, but I would feel reassured if you at least recognized that you were doing so.

I am NOT sure how my comments attribute me to subscribing to embracing gang violence.   I do admit, however, at at least one point, I suggested that to me it seems that some people are going to need to be forced to contribute to the community b/c if they were left on their own, they would NOT contribute.  I am NOT locked into this thinking, but it seems that some posters in this discussion have suggested that they do NOT want to pay anything, and I have some difficulties imagining a community in which either all or some people do NOT pay anything into the community.  I admit, this lack of vision may be a result of my NOT understanding the new system that may NOT require contributions from either all or some community members.

[CoinDox]

False start?

[josiahgarber]

The problem is better is subjective, and not everyone will agree on, let alone know, what better really is.

And that is why non-aggression is so important.  You can do what you want as long as you don't interfere with others.

[bassclef]

False start?

Shorters gonna short any little spike. Dangerous game.

[tailor]

I am NOT sure how my comments attribute me to subscribing to embracing gang violence.   I do admit, however, at at least one point, I suggested that to me it seems that some people are going to need to be forced to contribute to the community b/c if they were left on their own, they would NOT contribute.  I am NOT locked into this thinking, but it seems that some posters in this discussion have suggested that they do NOT want to pay anything, and I have some difficulties imagining a community in which either all or some people do NOT pay anything into the community.  I admit, this lack of vision may be a result of my NOT understanding the new system that may NOT require contributions from either all or some community members.

DO YOU HAVE A MACRO TO CAPITALIZE 'not' EVERY TIME YOU TYPE IT?

[JayJuanGee]

False start?

I had never seen that one before... it is sooooo funny.   

[JorgeStolfi]

China may have realized that it cannot stifle bitcoin.. and china has a mixed set of motives including a desire to have some kind of investment vehicle separate from the dollar... .. so China is likely torn about bitcoin and about whether they like it or hate it... maybe they are frienemies with bitcoin?

From what Iknow, Chinese residents cannot pay for goods or services using bitcoin; banks and other financial institutions cannot deal with bitcoin; bitcoins cannot be sold by e-commerce sites; and e-payment services cannot be used to pay for bitcoin.   So what is left?

I believe there are other cointries which have taken similar measures; Russia and India, perhaps? (A thread was started in this forum to build a list the legal status of bitcoin in each coutry, but it never got beyond the first draft.)  Some countries (like the US)  have not banned crypto-coins explicitly, but their existing regulations alerady prevent some of those uses. 

If crypto currencies will only be used for clandestine commerce between peers, under risk of legal penalties, they will have failed in their goal.

[octaft]

The problem is better is subjective, and not everyone will agree on, let alone know, what better really is.

And that is why non-aggression is so important.  You can do what you want as long as you don't interfere with others.

Two points:

1) You completely ignored the first part of my post, which is in my opinion far more important.

2) What if I want to interfere with others? What if I want to do it violently and aggressively, and rob all their stuff? What if I find a crew of like-minded individuals, and together we try to rob their stuff with force and overrun their paid protection? They could call us the "Tax Men," but I guarantee you our rates are far higher than the governments. Have all the faith in humanity you want, but this is a possibility that must be accounted for.

[mzp]

to make that cute little tarantula drawing complete and symmetrical look for about 18 hrs of sideways in the mid 640's, then a 1700 coin red candle to the lower 620's in the early afternoon tomorrow