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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26383066 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.)
edwardspitz
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May 12, 2014, 10:01:17 AM

Today Bitpay is coming with a huuuuuge announcement right?

That is something to hope for. The market has dropped $25 since they have announced their big something, but it could be something spectacular Smiley Maybe Amazon or Las Vegas? Vegas because they know that bitcoin holders are degenerate gamblers (and cultists)  Grin
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Davyd05
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May 12, 2014, 10:04:20 AM

Today Bitpay is coming with a huuuuuge announcement right?

http://tech.sina.com.cn/i/2014-05-12/07139373191.shtml

china has a cooler floating already
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May 12, 2014, 10:18:57 AM

Today Bitpay is coming with a huuuuuge announcement right?

Buy the rumors, sell the news.

Unless it is really huge announcement (I doubt it), we should expect a dump instead the opposite.
dreamspark
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May 12, 2014, 10:19:34 AM

Today Bitpay is coming with a huuuuuge announcement right?

http://tech.sina.com.cn/i/2014-05-12/07139373191.shtml

china has a cooler floating already

Not quite sure what its saying but the part about FXBTC not allowing users to remove coins etc is scary.

The rest of it just seems to be saying the same as we know, especially about leveraged trading.
Davyd05
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May 12, 2014, 10:20:50 AM

Today Bitpay is coming with a huuuuuge announcement right?

http://tech.sina.com.cn/i/2014-05-12/07139373191.shtml

china has a cooler floating already

Not quite sure what its saying but the part about FXBTC not allowing users to remove coins etc is scary.

The rest of it just seems to be saying the same as we know, especially about leveraged trading.

yeah they went all ELI5 on leverage...I am just saying it seems more like a calming peace.. flat apparently is cool with the PBoC
aminorex
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May 12, 2014, 10:29:48 AM

saying that religion causes wars is like saying chemicals cause cancer.  i have yet to see any living thing that did without chemicals, or any conscious mind that did without beliefs which cannot be concluded by evidence and logic alone.

it is difficult to take seriously anyone who attempts to preclude argument by declaring that disagreement is in itself disqualifying evidence  - and probably not worth the effort to do so.
T.Stuart
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May 12, 2014, 10:32:14 AM

saying that religion causes wars is like saying chemicals cause cancer.  i have yet to see any living thing that did without chemicals, or any conscious mind that did without beliefs which cannot be concluded by evidence and logic alone.

it is difficult to take seriously anyone who attempts to preclude argument by declaring that disagreement is in itself disqualifying evidence  - and probably not worth the effort to do so.

neat way of putting it
EuroTrash
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May 12, 2014, 10:39:37 AM

Looking at both sides in the eternal dilemma: if the common sentiment is that we all are waiting for a drop on Chinese news, the drop might not happen at all.

OTOH: there is about one new r/bitcoin subscriber every half hour today, which is not good enough. Also Google Trends index for "bitcoin" is at the lowest in its 90 days and still trending down, with the two biggest countries being Cyprus (I assume because NeoBee fuckup) and Estonia (I assume because of rpietila's purchase in the local newspapers).
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May 12, 2014, 10:45:11 AM

Looking at both sides in the eternal dilemma: if the common sentiment is that we all are waiting for a drop on Chinese news, the drop might not happen at all.

OTOH: there is about one new r/bitcoin subscriber every half hour today, which is not good enough. Also Google Trends index for "bitcoin" is at the lowest in its 90 days and still trending down, with the two biggest countries being Cyprus (I assume because NeoBee fuckup) and Estonia (I assume because of rpietila's purchase in the local newspapers).
I have been hearing this type of logic all the way since $800 - "since everyone is expecting a drop, it won't happen", yet it does. There are forces other than sentiment in the market - like the weight of millions of coins.
Asrael999
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May 12, 2014, 10:49:36 AM

Anybody notice that its now Monday in China and the exchange volume is drying up?

I think this is what the future looks like folks.

Time for a pump then.
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May 12, 2014, 11:00:50 AM


Explanation
Ultros
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May 12, 2014, 11:02:08 AM

saying that religion causes wars is like saying chemicals cause cancer.  i have yet to see any living thing that did without chemicals, or any conscious mind that did without beliefs which cannot be concluded by evidence and logic alone.

it is difficult to take seriously anyone who attempts to preclude argument by declaring that disagreement is in itself disqualifying evidence  - and probably not worth the effort to do so.

Nicely said.
niothor
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May 12, 2014, 11:08:49 AM

Today Bitpay is coming with a huuuuuge announcement right?

We will see. It is the new crypto trend to pre-announce announcements and not deliver.

It will just hurt bitpay to tweet about something big and then go silent.
They don't want to ruin their reputation  , I hope.
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May 12, 2014, 11:12:05 AM

Looking at both sides in the eternal dilemma: if the common sentiment is that we all are waiting for a drop on Chinese news, the drop might not happen at all.

OTOH: there is about one new r/bitcoin subscriber every half hour today, which is not good enough. Also Google Trends index for "bitcoin" is at the lowest in its 90 days and still trending down, with the two biggest countries being Cyprus (I assume because NeoBee fuckup) and Estonia (I assume because of rpietila's purchase in the local newspapers).

You can scratch out Estonia as a potential place for demand. At first, we have a strict stance with cryptos and income tax, so it's not a very friendly environment for bitcoin business. The only guy who publicly sold and bought bitcoins, shut it's business couple of months ago because of the threats from the financial police and from the tax and customs offices. The rpietilia purchase didn't even create minor waves in the news. Last media waves were during the Chinese rally, and even then most of the general public remained very sceptical and and ridiculed bitcoin as an pyramid scheme.
lemonte
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May 12, 2014, 11:16:59 AM

Today Bitpay is coming with a huuuuuge announcement right?

We will see. It is the new crypto trend to pre-announce announcements and not deliver.

It will just hurt bitpay to tweet about something big and then go silent.
They don't want to ruin their reputation  , I hope.

Where did you hear this? I couldn't see anything about an incoming announcement on their Twitter. If they do have anything to announce they'd keep it until the conference this week surely?
Bronstad
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May 12, 2014, 11:22:46 AM

Today Bitpay is coming with a huuuuuge announcement right?

We will see. It is the new crypto trend to pre-announce announcements and not deliver.

It will just hurt bitpay to tweet about something big and then go silent.
They don't want to ruin their reputation  , I hope.

Where did you hear this? I couldn't see anything about an incoming announcement on their Twitter. If they do have anything to announce they'd keep it until the conference this week surely?

https://twitter.com/bitpay/status/465206481474686976

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When we say big things, we mean big things #bitcoin #tothemoon
niothor
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May 12, 2014, 11:23:56 AM

Today Bitpay is coming with a huuuuuge announcement right?

We will see. It is the new crypto trend to pre-announce announcements and not deliver.

It will just hurt bitpay to tweet about something big and then go silent.
They don't want to ruin their reputation  , I hope.

Where did you hear this? I couldn't see anything about an incoming announcement on their Twitter. If they do have anything to announce they'd keep it until the conference this week surely?
Check their twitter.

https://twitter.com/BitPay/status/465206481474686976

It's not really an announce but it's a hint something will come. And that thing is big =))))
But i'm really worried about how big or small this might turn to be.
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May 12, 2014, 11:27:11 AM

The rpietilia purchase didn't even create minor waves in the news. Last media waves were during the Chinese rally, and even then most of the general public remained very sceptical and and ridiculed bitcoin as an pyramid scheme.

Yes, if a full-page article in the country's leading newspaper counts as "minor" plus full page in the local paper. I would say a typical manor purchase gets less coverage (there are hundreds of manors in Estonia).
blatchcorn
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May 12, 2014, 11:27:22 AM

Today Bitpay is coming with a huuuuuge announcement right?

We will see. It is the new crypto trend to pre-announce announcements and not deliver.

It will just hurt bitpay to tweet about something big and then go silent.
They don't want to ruin their reputation  , I hope.

Where did you hear this? I couldn't see anything about an incoming announcement on their Twitter. If they do have anything to announce they'd keep it until the conference this week surely?
Check their twitter.

https://twitter.com/BitPay/status/465206481474686976

It's not really an announce but it's a hint something will come. And that thing is big =))))
But i'm really worried about how big or small this might turn to be.

Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon
lemonte
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May 12, 2014, 11:28:12 AM

Think people are reading too much into that status. At best it's likely a formal announcement of these:

http://www.coindesk.com/bitpay-partners-hotel-software-provider-new-booking-tool/
http://techcrunch.com/2014/05/08/bitpay-index/

Today Bitpay is coming with a huuuuuge announcement right?

We will see. It is the new crypto trend to pre-announce announcements and not deliver.

It will just hurt bitpay to tweet about something big and then go silent.
They don't want to ruin their reputation  , I hope.

Where did you hear this? I couldn't see anything about an incoming announcement on their Twitter. If they do have anything to announce they'd keep it until the conference this week surely?
Check their twitter.

https://twitter.com/BitPay/status/465206481474686976

It's not really an announce but it's a hint something will come. And that thing is big =))))
But i'm really worried about how big or small this might turn to be.

Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon Amazon

http://time.com/63376/amazon-bitcoin/

Amazon won't be accepting Bitcoin any time soon, there are no few benefits for them to do so. Have you ever used their one click checkout? It's easier and nicer to use than paying for anything with BTC.
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