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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 26368575 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.)
podyx
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May 17, 2014, 04:39:29 PM

This market bores me the fuck out lol
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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keithers
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May 17, 2014, 04:46:41 PM

This market bores me the fuck out lol

This is what everyone was saying right before the volatility struck last time and shaved like 25% off the prices.
RandomPedestrianN9
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May 17, 2014, 04:49:25 PM

This market bores me the fuck out lol

This is what everyone was saying right before the volatility struck last time and shaved like 25% off the prices.

This is also similar to slow summers and sell offs in September (stocks perform the worst in Septembers, average return -1.7%).
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May 17, 2014, 04:51:50 PM


actually this is very cool. can you get a discount if you plan to be a permanent resident? 400K is a little steep for me.

I would rather not go through another Canadian winter if I don't have to.
ChartBuddy
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May 17, 2014, 05:00:45 PM


Explanation
sonofliberty
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Market Integration Platform


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May 17, 2014, 05:12:02 PM



What now?
RandomPedestrianN9
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May 17, 2014, 05:19:20 PM

What now?

Volume. Average Joes are clearly killing each other over BTC.
gentlemand
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May 17, 2014, 05:21:37 PM

You already came out with that corker.
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May 17, 2014, 05:23:06 PM

It is interesting to observe the extremely diverse range of coexisting opinions on the price here. One group of posters will be absolutely confident that we are inevitably seeing $5000 by the summer, and the next group of posters will have lost all faith and not believe that it will even recover from this crash and hold value at all.

And you're part of which group? Wink
Luckily, there is a middle ground.

I  doubt he's part of this one Smiley.


I frequently wonder about what purpose(s) is(are) served by misstating basic facts.  The description here is that people who participate in this thread are fanatics.. they believe one extreme or another - however, most people would self-describe as being reasonable to take into account information before deciding what to do.

That self-description is mostly true - even though some people will panic at various points.  My point is that we are NOT a bunch of extremists, here.  So that is spreading FUD.
mmitech
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May 17, 2014, 05:23:45 PM

this is the lowest volume I've seen since I joined the Bitcoin community....

gentlemand
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May 17, 2014, 05:26:41 PM

Looks like people are using their BTC for alt frenzies. Darkcoin has had higher volume on Mintpal alone.
RandomPedestrianN9
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May 17, 2014, 05:28:47 PM

Looks like people are using their BTC for alt frenzies. Darkcoin has had higher volume on Mintpal alone.
What is Darkcoin? Does it offer more privacy than BTC, like not recording each transaction into blockchain? if so, I can see why this coin is prefered over BTC on the deep web.
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May 17, 2014, 05:32:34 PM

Yes I was referring to btc price. If bulls don't seize opportunities when they arise, then surely price will go down. The good news doesn't seem to move the market, but I'm fairly sure that bad news will.

But the term "all the way" usually means 0 level.Do you really think we are going all the way down?
Might have to label you a permabear also Smiley.

No I'm not that bearish Smiley I have been bearish since I started trading bitcoin. Looking back I have not had many reasons not to be bearish Smiley

When did you start trading bitcoin?

And did you come to bitcoin b/c of its volatility?
niothor
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May 17, 2014, 05:38:48 PM

Looks like people are using their BTC for alt frenzies. Darkcoin has had higher volume on Mintpal alone.

Higher volume than what?
As long as it's only traded against btc there , i doubt it can have "higher" volume.
JorgeStolfi
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May 17, 2014, 05:39:07 PM

Volume. Average Joes are clearly killing each other over BTC.
A weird Korean (maybe Japanese?) movie I saw on cable:  A young doctor of traditional Chinese medicine lives holed up in his apartment caring for his beloved wife.  She is presently dead, but thanks to constant herbal baths and other treatments she has been in a stable condition for months, and the devoted husband is patiently waiting for her to recover.  (Which is only fair, since she did him the same favor some years before.) I don't know why I thought of that movie while looking at Huobi's charts.  Grin
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May 17, 2014, 05:41:28 PM

What are the 5 last things you paid for with BTC (without converting it to USD before the deal was done) and how long ago were these purchases made?

This is a good question, but could you clarify the bit about the conversion part?

do you mean that I personally had to convert to fiat? or that I used a bitpay like service and effectively I paid in bitcoin and the vendor received fiat?

cuz I've done tons of bitpay like purchases, where I don't have to convert shit.

but if you're talking about a transaction where I pay bitcoin directly to the vendor and the vendor actually accepts bitcoin and doesn't immediately convert to fiat?

I can only think of 2 scenarios where that has occurred.

- when I bought something from someone on this forum.
- when I tipped someone from this forum because they freely gave me advice or information that I directly profited from.

and that's about it/


*added a bit of ranting - viewer discretion is advised*

This is why I think that all this regulation talk is complete bullshit. They should first prove that they can effectively regulate their own failing currency before they go ahead and fuck up ours.


Shmadz:   You are changing the question.  All that matters is what you did.  If you bought with bitcoin, then you have accomplished an affirmative response to the question.  It does NOT matter what the receiver of your bitcoin did, and you may NOT even know what they did - whether they converted the BTC to fiat or NOT.

JayJuanGee
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May 17, 2014, 05:57:04 PM

Looks like people are using their BTC for alt frenzies. Darkcoin has had higher volume on Mintpal alone.

Higher volume than what?
As long as it's only traded against btc there , i doubt it can have "higher" volume.

If the coinmarket cap is any indicator of volume, it appears that dark coin has achieved about half the volume of trading volume of BTC in the last 24 hours - even though the actual market cap of darkcoin is more than 200X smaller than BTC.  Does NOT mean that Darkcoin is more successful than BTC, just that there may be a lot of volatility with darkcoin, and money to be made.. and likely easier to manipulate prices by smaller players.
niothor
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May 17, 2014, 06:00:19 PM

Looks like people are using their BTC for alt frenzies. Darkcoin has had higher volume on Mintpal alone.

Higher volume than what?
As long as it's only traded against btc there , i doubt it can have "higher" volume.

If the coinmarket cap is any indicator of volume, it appears that dark coin has achieved about half the volume of trading volume of BTC in the last 24 hours - even though the actual market cap of darkcoin is more than 200X smaller than BTC.  Does NOT mean that Darkcoin is more successful than BTC, just that there may be a lot of volatility with darkcoin, and money to be made.. and likely easier to manipulate prices by smaller players.

The volume of btc is calculated only from the usd/btc pair.
It doesn't include ltc/btc  , bc/btc

So , that indicator is not that accurate from my point of view.
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May 17, 2014, 06:00:45 PM


Explanation
RandomPedestrianN9
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May 17, 2014, 06:05:40 PM

What is causing these walls to move for a few seconds and then return to their previous state? Is it a bug in displaying the incoming data or?
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