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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381498 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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April 08, 2014, 08:00:30 PM


Explanation
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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JayJuanGee
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April 08, 2014, 08:04:44 PM

http://www.forbes.com/sites/perianneboring/2014/04/08/breaking-rep-stockman-to-introduce-first-bitcoin-bill/

Bitcoin Bill in US congress

not sure what effect this will have.

So far all i see is sell orders lining up!

Seems like that bill would be a positive development  - to the extent that it seems to  merely clarify the treatment of bitcoin as a foreign currency, rather than as property for the purposes of USA taxes.

On the other hand, if there are some other secret surprise language contained in the legislation, then that may be a different story.
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April 08, 2014, 08:07:47 PM

The heartbleed bug could have compromised private keys from root certificate authorities. Trust in the security of browser-based crypto will be diminished, with the side effect of less trust of other cryptographic technologies such as crypto-currencies. Bearish for Bitcoin.
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April 08, 2014, 08:08:01 PM

I think we have tested the top long enough.  So i'm turning very bearish again..  I could be wrong.  I frequently am, but here is my possible worst case scenario for the next 2 days or so..





I like the way you conditioned your prediction that you are frequently wrong... IN other words this prediction has NO basis in reality besides the fact that you started it from a real chart.. and it was pulled from a real ass (no hating on you personally - just referring to a body part).
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April 08, 2014, 08:10:34 PM

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...


which way, though?
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April 08, 2014, 08:13:55 PM

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...

I've read something similair the last 10 pages. Lmao.

Nothing is happening, yet.

I am getting sick of this price movement from $440 to $459. Either go up, or down. I dont care anymore lol.

Lol...the last time that everyone starting praying for the volatility to come back, it did...and went straight down basically
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April 08, 2014, 08:17:33 PM

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...


which way, though?

Up this time. ~420 support held, and China ban becoming more and more unlikely.
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April 08, 2014, 08:37:12 PM

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...


which way, though?

Up this time. ~420 support held, and China ban becoming more and more unlikely.

unlikely?

its already happened!
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April 08, 2014, 08:45:33 PM

stamps is back

up?

or UPPP!!!!!!!!!!!

who knows.... we'll just have to wait and see

 Grin
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April 08, 2014, 08:58:47 PM

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...


which way, though?

Up this time. ~420 support held, and China ban becoming more and more unlikely.

unlikely?

its already happened!

Obviously by "China ban" I'm talking about "China enforcing ban on Yuan deposits to exchanges on April 15th"
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April 08, 2014, 09:00:31 PM


Explanation
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April 08, 2014, 09:39:14 PM

I expect more people to give up on crypto in the next days because of the OpenSSL scare.
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April 08, 2014, 09:43:17 PM

I expect more people to give up on crypto in the next days because of the OpenSSL scare.


You serious? Why? lol
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April 08, 2014, 09:46:31 PM

Bitstamp is up and running all patched with legit SSl certificate. $2.00 rise on news.

China asleep 4.00 am $7.00 arbitage Huobi / Bitstamp
Chart sites like bitcoinwisdom use the official exchange rate (now 6.19 CNY/USD) when converting CNY to USD for Chinese sites.  However arbitragers seem to use their own rate which is slightly lower (between 6.05 and 6.15, usually), meaning that their equilibrium has a slightly higher USD price.  May have to do with fees, perhaps.
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April 08, 2014, 09:49:30 PM

I expect more people to give up on crypto in the next days because of the OpenSSL scare.


You serious? Why? lol

Bitcoin will be safe if everyone would use something like localbitcoins and hand out their paper wallets directly. If they would use morse telegraphy to communicate and maybe travel by horse it would become almost complete secure. That´s bullish. Say hello to the future. Comfortable as fuck. Bitcoin exchanges FTW.
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April 08, 2014, 09:50:50 PM

I expect more people to give up on crypto in the next days because of the OpenSSL scare.


This guy doesn't like bitcoin, but might give doge a chance Wink

Davyd05
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April 08, 2014, 09:51:00 PM

China's gonna wake up in an hr Cheesy
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April 08, 2014, 09:52:09 PM

China's gonna wake up in an hr Cheesy

That´s just pure speculation.
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April 08, 2014, 09:52:38 PM

I expect more people to give up on crypto in the next days because of the OpenSSL scare.


You serious? Why? lol

I can tell you how I felt when I saw Stamp was still not allowing logins, and I'm not pleased of not finding any reminder to change my password at all now that I can login.
I withdrew most of my coins back to personal wallet but I can imagine weaker hands just selling off and ordering cash withdrawals.
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April 08, 2014, 09:55:26 PM

I expect more people to give up on crypto in the next days because of the OpenSSL scare.


You serious? Why? lol

I can tell you how I felt when I saw Stamp was still not allowing logins, and I'm not pleased of not finding any reminder to change my password at all now that I can login.
I withdrew most of my coins back to personal wallet but I can imagine weaker hands just selling off and ordering cash withdrawals.

Particularly weak hands then.  Heartbleed affected the sites of old fashioned banks too albeit just as briefly.  To conflate a temporary Internet-wide OpenSSL vulnerability with any kind of weakness in bitcoin is quite daft.  Cool

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