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

[ChartBuddy]

Explanation

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[edwardspitz]

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 .

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

[RandomPedestrianN9]

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?

[shmadz]

so many bears

so many bulls in bear disguise 

I fear this is the case, and the remainder of my bids will go untouched.

we need less of this


and more of this

RAWR!!!



just one more drop before we take off, that's all I ask.

 

[niothor]

http://www.cryptocoinsnews.com/news/passports-for-bitcoin-offers-privacy-to-consumers/2014/05/16

http://passportsforbitcoin.com/

pretty cool.

Yeah, about as cool as buying a Lamborghini with Bitcoin.  I bought a PC and i paid for with oil barrel......i just had to sell the barrel for USD first but thats a minor detail.  (The devil is definitely NOT in the details)

And your the new fonzie around?

[shmadz]

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.

[RandomPedestrianN9]

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?

By "without converting it to USD before the deal was done" i meant not using any third party converting service. Merchants like Overstock can do anything they want with your (now theirs) Bitcoins afterwards of course.

[shmadz]

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?

By "without converting it to USD before the deal was done" i meant not using any third party converting service. Merchants like Overstock can do anything they want with your Bitcoins afterwards of course.

merchants like Overstock use a third party converting service

so

[RandomPedestrianN9]

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?

By "without converting it to USD before the deal was done" i meant not using any third party converting service. Merchants like Overstock can do anything they want with your Bitcoins afterwards of course.

merchants like Overstock use a third party converting service

so

Last time i read about them they said they d hold their customers Bitcoins. In case customers must click on a button of third party converter, then they are paying with USD and not BTC to Overstock.

[gentlemand]

I believe they're keeping 10% of their BTC. It's not practical for a business dealing with a supply chain to operate solely in bitcoin (yet).

Services are another matter. I've paid for computer repairs and design work with it. That all remained in BTC.

[ChartBuddy]

Explanation

[nioc]

Modi is elected.. that is bullish bitcoin.

sure. and the muslim riot within three months

Muslims actually dont mind him.. its terrorists hes after. They know its a problem in their culture.
Still i wouldnt be surprised if modi went full pro bitcoin and India took charge.

He is known as being socially as well as financially conservative.  I don't know if that is accurate or what it means in regards to btc.

I think he is far less conservative than the last party.. which is why ppl are celebrating there. I think its bullish for us.

I just read a small amount on the election.  I didn't realize what a big deal the results are.  India has been in trouble for a while and I wish them the best.

[ElectricMucus]

http://www.cryptocoinsnews.com/news/passports-for-bitcoin-offers-privacy-to-consumers/2014/05/16

http://passportsforbitcoin.com/

pretty cool.

Yeah, about as cool as buying a Lamborghini with Bitcoin.  I bought a PC and i paid for with oil barrel......i just had to sell the barrel for USD first but thats a minor detail.  (The devil is definitely NOT in the details)

ya wtv.

That's why Bitcoiners won't be taken serious.

[podyx]

This market bores me the fuck out lol

[keithers]

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]

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%).

[shmadz]

http://www.cryptocoinsnews.com/news/passports-for-bitcoin-offers-privacy-to-consumers/2014/05/16

http://passportsforbitcoin.com/

pretty cool.

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]

Explanation

[sonofliberty]

What now?

[RandomPedestrianN9]

What now?

Volume. Average Joes are clearly killing each other over BTC.