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

[pietje]

We are slowly going up again.  Lets see if we can break 585.

[1714132362]

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[1714132362]

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[1714132362]

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[ChartBuddy]

Explanation

[wachtwoord]

BTW, where is the Ripple troll ? where is he now that ripple is crashing and burning ?

Well according to coinmarketcap ripple is +13% last 24h, so CCMF....and stuff?

yes, remind me about it in few weeks ok ?

I am holding my 1k ripples just in case mah 87 is a prophet.

Wow, he still has followers. It's kind of like lemmings.

[JorgeStolfi]

Yeah but its hard to sift through thousands of posts just a small collection with some of the best, could help you if you end up writing a master thesis of how right you were

If you were willing to write a master thesis on that, I could be your advisor.  Or, better, on the exam committee.

[mmitech]

I have manners and values.

Hey, you were the one who brought up the subject of volatility and making profits...comparing a new coin with CanineCoin proves nothing really.  

I'm not spruiking any alt coin simply making the point there's more volatility and bigger profits elsewhere.  

there is no need to get offended, I just meant that I am aware of what is happening with alts and I explained why I don't trade neither hold other alts.

[ChrisML]

We are slowly going up again.  Lets see if we can break 585.

If not today.. it might happen tommorow.

Although, it's a holiday in the states right? Banks closed? Could interrupt, but I dont think it will.

Better be breaking that $600,- before thursday! My positions on Plus500 will be closed automaticly that day  

[Gyrsur]

HODL _{at least up to 10000.}

[ChrisML]

Marketcap of BTC went up $1 BILLION over the weekend. LMAO, amazing.

[wachtwoord]

Nothing in the altcoin world can surprise me really. I mean wasnt auroracoin like 50$ a piece some time ago?

yes, such an obvious bubble.

AUR opened at about 0.1BTC in March and went steadily down, it was an ambitious experiment that failed.

Do you guys ever actually look at what is going on elsewhere (sometimes I think this thread is the crypto equivalent of a knitting circle)

Pre-mine.

And?

The guy airdropped them to members of the Icelandic public (who immediately sold them)...not a great strategy but as I said a bold experiment.  Who knows the impact it will have made on cryptos overall profile.

At least the dev was doing something positive and ingenious.

Remember, knit one, pearl one.

There's no coming back from a pre-mine for me. No way at all.

[mmitech]

I have manners and values.

Hey, you were the one who brought up the subject of volatility and making profits...comparing a new coin with CanineCoin proves nothing really.  

I'm not spruiking any alt coin simply making the point there's more volatility and bigger profits elsewhere.  

there is no need to get offended, I just meant that I am aware of what is happening with alts and I explained why I don't trade neither hold other alts.

I think you were the one getting offended.  

I'm fully aware of LTC and bought in March 13 but times change; I was trying to share info about goings on on another exchange. You could have said, 'thanks' and left it at that rather than giving me a lecture on why your opinion is superior, no?

.... no comment, thank you.

[spooderman]

re alts: they are always a terrible thing to be hodling when bitcoin is at the beginning of a rally.

My guess is LTC and the more established alts will trend spike up when bitcoin gets overbought again. Trouble is the ratio of alts:bitcoin is always increasing. LTC and NMC are becoming irrelevant. Which is a shame for NMC because that was is a coin with a purpose I agree with. DRK I also think deserves to survive and prosper. Wish I could figure out how to buy some.

[spooderman]

Btw:

Anyone else notice that the bear market reached it's bottom the same day the $266 bubble popped last year?

[shmadz]

Comment on the part where he makes a compelling argument why, all speculative/regulatory/technical issues aside, having the possibility for the first time in human history to work with such a thing as a distributed, tamper proof, public ledger, is kinda a big deal

I am sure you wanted to add "without a specific controlling authority".
<snip>

sorry prof, but the sooner that humankind realizes that it can self-govern, and people simply start to walk away from the older, pre-internet systems, the better.


*edit- hey what the hell? here's an idea for another thesis paper. "Decentralized Governance: a study of self-governing bodies."

anyone willing to publish this paper, I am willing to donate .1 BTC to the cause.

[rezurect]

The more Doge gets publicity The worser its for BTC.

For all those in BTC, Doge doesnt matter.
But if the first crypto u hear about is Doge(on a nascar). U learn about it. Then find BTC and a bunch of other alts. You'd probably be more pessimistic and cautious of adoption or even trying it out. Too many cooks.......

Could somebody kill Doge for me Please...
#KillDoge

[Walsoraj]

http://willyreport.wordpress.com/

So basically, each time, (1) an account was created, (2) the account spent some very exact amount of USD to market-buy coins ($2,500,000 was most common), (3) a new account was created very shortly after. Repeat. In total, a staggering ~$112 million was spent to buy close to 270,000 BTC – the bulk of which was bought in November. So if you were wondering how Bitcoin suddenly appreciated in value by a factor of 10 within the span of one month, well, this is why. Not Chinese investors, not the Silkroad bust – these events may have contributed, but they certainly were not the main reason. But more on that later.

lol

[gentlemand]

The more Doge gets publicity The worser its for BTC.

For all those in BTC, Doge doesnt matter.
But if the first crypto u hear about is Doge(on a nascar). U learn about it. Then find BTC and a bunch of other alts. You'd probably be more pessimistic and cautious of adoption or even trying it out. Too many cooks.......

I dunno. I think they're an important stepping stone into looking deeper into things. If you get tipped a little Doge somewhere then after a few minutes of research it quickly becomes clear that bitcoin is the real daddy.

[rezurect]

The more Doge gets publicity The worser its for BTC.

For all those in BTC, Doge doesnt matter.
But if the first crypto u hear about is Doge(on a nascar). U learn about it. Then find BTC and a bunch of other alts. You'd probably be more pessimistic and cautious of adoption or even trying it out. Too many cooks.......

I dunno. I think they're an important stepping stone into looking deeper into things. If you get tipped a little Doge somewhere then after a few minutes of research it quickly becomes clear that bitcoin is the real daddy.

Stepping stone.True.
Stealing Market Cap which would otherwise be BTC's: Doge+Dark+Nxt+Ltc

Offtopic: if drk is truly anonymous SR2.0 would switch. Good for btc.

[gentlemand]

They've dug some wells in far off lands and provided some surreal sporting moments. I think their market cap is well deserved. And it all ultimately feeds back to BTC. I'll guess that most are using alts to increase their BTC holdings.

[shmadz]

They've dug some wells in far off lands and provided some surreal sporting moments. I think their market cap is well deserved. And it all ultimately feeds back to BTC. I'll guess that most are using alts to increase their BTC holdings.

sure, that's cool.

as long as you're aware that the supply will continue to increase, like, forever?

just try to imagine infinity, it's actually harder than it seems.

*edit* - assuming we're still talking about doge, that is.

[shmadz]

http://willyreport.wordpress.com/

So basically, each time, (1) an account was created, (2) the account spent some very exact amount of USD to market-buy coins ($2,500,000 was most common), (3) a new account was created very shortly after. Repeat. In total, a staggering ~$112 million was spent to buy close to 270,000 BTC – the bulk of which was bought in November. So if you were wondering how Bitcoin suddenly appreciated in value by a factor of 10 within the span of one month, well, this is why. Not Chinese investors, not the Silkroad bust – these events may have contributed, but they certainly were not the main reason. But more on that later.

lol

interesting. thanks Walsoraj.

*edit* Who's blog is that? It seems to be very well written.