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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26369816 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 28, 2014, 08:00:59 PM


Explanation
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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cbeast
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Let's talk governance, lipstick, and pigs.


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April 28, 2014, 08:30:48 PM


In other words:

CCMF!!!!!1

Indeed. Keep pounding those bottoms (with buy orders).
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April 28, 2014, 08:33:05 PM
Last edit: April 28, 2014, 08:54:48 PM by Richy_T


His talk about odds was ambiguous at best b/c he spoke out of two sides of his mouth by saying out of one side of his mouth that the price would never reach $435.. and then saying out of the other side of his mouth that he wants odds in his favor.  These two statements are ambiguous and seem to be contradictory and it was up to him to clarify them.. and he failed/refused to clarify until afterwards.. and even afterwards it remains unclear what bet and what odds he would have taken in such hypothetical circumstances.

Yeah, I couldn't be bothered to calculate too hard on it but it seems to me that if you think something won't happen really strongly, you would be willing to accept odds against yourself (in favor of the person who expects the unlikely event to occur.) but he seemed to be wanting it the other way around.

If you were to bet me the moon would rise purple tonight, I might give you 100:1 odds because I'd be fairly confident it wasn't going to happen. I might go higher even but there's not much point exposing myself to high risk for a small gain, regardless.
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April 28, 2014, 09:00:54 PM


Explanation
dreamspark
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April 28, 2014, 09:06:31 PM

With the lack of volume in China you know for sure theres no instant arbing going and if any coins were sent out of China today that they were bought more than a few hours ago.
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April 28, 2014, 09:12:09 PM

Nonsense, there was a quadruple bottom and I saw it:
WARNING!
LEGIT TA FOLLOWS:



In other words:

CCMF!!!!!1

Erm this quadruple bottom will only result in a big red candle imo.
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April 28, 2014, 09:18:51 PM

Nonsense, there was a quadruple bottom and I saw it:
WARNING!
LEGIT TA FOLLOWS:



In other words:

CCMF!!!!!1

Erm this quadruple bottom will only result in a big red candle imo.

ya but look at that TA! hard to disagree..
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April 28, 2014, 09:37:59 PM

i feel an epic buy bitcoin inspirational speech coming...
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April 28, 2014, 09:43:04 PM

Someone is gonna dump the shit out of this wall. I guarantee it.
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April 28, 2014, 09:52:34 PM

i feel an epic buy bitcoin inspirational speech coming...

My fellow Bitcoiners. I have a dream, that one day coins will not be judged on their color and taint, but be judged as one by the strength of the network hash. Together we can transform the global financial system. BUY!
ChartBuddy
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April 28, 2014, 10:00:54 PM


Explanation
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Self-Custody is a right. Say no to"Non-custodial"


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April 28, 2014, 10:08:30 PM


His talk about odds was ambiguous at best b/c he spoke out of two sides of his mouth by saying out of one side of his mouth that the price would never reach $435.. and then saying out of the other side of his mouth that he wants odds in his favor.  These two statements are ambiguous and seem to be contradictory and it was up to him to clarify them.. and he failed/refused to clarify until afterwards.. and even afterwards it remains unclear what bet and what odds he would have taken in such hypothetical circumstances.

Yeah, I couldn't be bothered to calculate too hard on it but it seems to me that if you think something won't happen really strongly, you would be willing to accept odds against yourself (in favor of the person who expects the unlikely event to occur.) but he seemed to be wanting it the other way around.

If you were to bet me the moon would rise purple tonight, I might give you 100:1 odds because I'd be fairly confident it wasn't going to happen. I might go higher even but there's not much point exposing myself to high risk for a small gain, regardless.

I'm NOT hating on Rpietila - b/c I could care less whether he got his prediction correct or NOT and I am all for BTC to the moon and don't go below $435... etc.. etc.. , but it is a little irritating when he seems to purposefully leave the terms of the bet matters ambiguous, and then suggests that several of us are below him b/c we cannot understand his supposedly sophisticated logic.
JayJuanGee
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April 28, 2014, 10:09:49 PM

Nonsense, there was a quadruple bottom and I saw it:
WARNING!
LEGIT TA FOLLOWS:



In other words:

CCMF!!!!!1

Erm this quadruple bottom will only result in a big red candle imo.

ya but look at that TA! hard to disagree..

I can see the quadruple A, but where's the T?
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April 28, 2014, 10:26:46 PM

Anyone watching stamp orderbook? Someone sold 350btc into first bid wall (second wall was untuched), next minute there is another 260 bid wall...

Amazing support in those hard times  Grin

Yeah, and very healthy bid depth compared to some other days.
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April 28, 2014, 10:28:24 PM

The only reason to buy right now is if you think supply is going to dry up quickly. Otherwise tomorrow, next week or next month will suffice. You .might even get a discount.

I  just don't think supply is likely to dry up quickly, but I am willing to listen to arguments to the contrary.
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April 28, 2014, 10:29:29 PM

Let's get some pictures of the s(h)ituation here:
Warning: Quality TA follows:

I SEE A TRAIN COMING!!!!!1


If those tracks are as bad as they appear, it isn't going to come much closer without some momentum  Cheesy
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April 28, 2014, 10:32:26 PM

i feel an epic buy bitcoin inspirational speech coming...

My fellow Bitcoiners. I have a dream, that one day coins will not be judged on their color and taint, but be judged as one by the strength of the network hash. Together we can transform the global financial system. BUY!

"All that it takes for fiat to triumph is for good men to stand idly by as it is used."

My brothers I have SEEN the sending of a bitcoin from one person to another. Because I have been to the dark market.

Like anybody I would like to buy a lambo. Lamborghinis have their place.

But I'm not concerned about that now.

I may not get to 10k with you, but as I said we aren't gonna let any wars turn us around, we aren't going to let any China ban hold us down!

We've got some difficult days ahead, by my friends blockchain.info has allowed me to see the transactions! My eyes have witnessed the promised coins!
JayJuanGee
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April 28, 2014, 10:56:36 PM

i feel an epic buy bitcoin inspirational speech coming...

My fellow Bitcoiners. I have a dream, that one day coins will not be judged on their color and taint, but be judged as one by the strength of the network hash. Together we can transform the global financial system. BUY!

"All that it takes for fiat to triumph is for good men to stand idly by as it is used."

My brothers I have SEEN the sending of a bitcoin from one person to another. Because I have been to the dark market.

Like anybody I would like to buy a lambo. Lamborghinis have their place.

But I'm not concerned about that now.

I may not get to 10k with you, but as I said we aren't gonna let any wars turn us around, we aren't going to let any China ban hold us down!

We've got some difficult days ahead, by my friends blockchain.info has allowed me to see the transactions! My eyes have witnessed the promised coins!

That's a lovely speech.   Wink
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April 28, 2014, 10:58:18 PM

The 30 min chart on Stamp is looking like a downward red staircase today...as much as I like cheap coins, I am anxious for a turnaround.
ChartBuddy
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April 28, 2014, 11:00:59 PM


Explanation
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