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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 26371704 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.)
RandomPedestrianN9
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May 27, 2014, 09:04:26 PM

Bitcoin is on a highway to the Danger Zone!
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Ivanhoe
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May 27, 2014, 09:21:39 PM

Mini cup and handle  Smiley
JayJuanGee
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May 27, 2014, 09:27:15 PM

Does chang noi still post here? I just got back from Thailand, and if any country needs Bitcoin, its Thailand.

Bhatcoin?

i remember hearing last year that the Thai government, or maybe it was the central bank came out against bitcoin? was there any real legislation or regulation? maybe i am remembering wrong.

My understanding was that Thailand was hostile to bitcoin last year; however, within the last few weeks, they have given the green light to bitcoin exchanges.  Of course, currently there is a lot of governmental turmoil in Thailand - yet the current status seems to be a green light for BTC in Thailand.
JayJuanGee
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May 27, 2014, 09:27:56 PM

Jorge,

How many students do you have? Are you willing to facilitate giving each of your students some bitcoin? I'm willing to fund a project like this.

Oooooh, great idea! I pledge to give 23 of his students (if there are any) 5mBTC each. Cheesy

you can quote me on this.

Thanks for quoting me as i'm sure he has me on ignore. I'll pledge $2000

Who is going to be in charge of distribution?  Hopefully NOT Jorge, if he exists.


EDIT:   

Woops!!!   I see that a potentially viable answer to my question was made by Rpietila:



QuickCoin is a great way of doing this. You can send 3 times per minute to people who have a FB account but have not even heard of Bitcoin. I will send to all my FB friends..Smiley
hyphymikey
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May 27, 2014, 09:28:12 PM

600 in 6 hours.
Skele
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May 27, 2014, 09:28:28 PM

Does chang noi still post here? I just got back from Thailand, and if any country needs Bitcoin, its Thailand.

Bhatcoin?

i remember hearing last year that the Thai government, or maybe it was the central bank came out against bitcoin? was there any real legislation or regulation? maybe i am remembering wrong.

My understanding was that Thailand was hostile to bitcoin last year; however, within the last few weeks, they have given the green light to bitcoin exchanges.  Of course, currently there is a lot of governmental turmoil in Thailand - yet the current status seems to be a green light for BTC in Thailand.

It looks like india is on the same way, it would be fabulous to these countries to let bitcoin help their not very good economies.
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May 27, 2014, 09:28:57 PM

Does chang noi still post here? I just got back from Thailand, and if any country needs Bitcoin, its Thailand.

Bhatcoin?

i remember hearing last year that the Thai government, or maybe it was the central bank came out against bitcoin? was there any real legislation or regulation? maybe i am remembering wrong.

My understanding was that Thailand was hostile to bitcoin last year; however, within the last few weeks, they have given the green light to bitcoin exchanges.  Of course, currently there is a lot of governmental turmoil in Thailand - yet the current status seems to be a green light for BTC in Thailand.

The military has taken over for now. Not sure what they think of Bitcoin.
JayJuanGee
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May 27, 2014, 09:36:49 PM

Its obviously a W bottom - will breakout soon Wink

chart?  Smiley

the bounce up from the 550/551 level seems like a correction to me. looks like we might head down from here. what do you guys think?




If you are NOT trolling, you seem to be too short term, in your thinking/charting.
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May 27, 2014, 09:38:30 PM

Jorge,

How many students do you have? Are you willing to facilitate giving each of your students some bitcoin? I'm willing to fund a project like this.

Oooooh, great idea! I pledge to give 23 of his students (if there are any) 5mBTC each. Cheesy

you can quote me on this.

Thanks for quoting me as i'm sure he has me on ignore. I'll pledge $2000

Who is going to be in charge of distribution?  Hopefully NOT Jorge, if he exists.


EDIT:   

Woops!!!   I see that a potentially viable answer to my question was made by Rpietila:



QuickCoin is a great way of doing this. You can send 3 times per minute to people who have a FB account but have not even heard of Bitcoin. I will send to all my FB friends..Smiley


The problem with quickcoin is the transactions are not on the blockchain. If Jorge want's so get some academic value out of this "airdrop", it might be better to promote the use of blockchain wallets.
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May 27, 2014, 09:46:55 PM

Mini cup and handle  Smiley


I was curious when somebody would say this because I have been thinking it.

Do teacups like this count?
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May 27, 2014, 09:50:53 PM

Jorge,

How many students do you have? Are you willing to facilitate giving each of your students some bitcoin? I'm willing to fund a project like this.

Oooooh, great idea! I pledge to give 23 of his students (if there are any) 5mBTC each. Cheesy

you can quote me on this.

Thanks for quoting me as i'm sure he has me on ignore. I'll pledge $2000

Haha way to go and make me look like a cheapskate Cheesy well done! Let's do this.

Agreed on the blockchain wallets as well.
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May 27, 2014, 09:53:06 PM

Pump and dump.
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May 27, 2014, 10:00:37 PM


Explanation
JayJuanGee
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May 27, 2014, 10:08:18 PM

Jorge,

How many students do you have? Are you willing to facilitate giving each of your students some bitcoin? I'm willing to fund a project like this.

Oooooh, great idea! I pledge to give 23 of his students (if there are any) 5mBTC each. Cheesy

you can quote me on this.

Thanks for quoting me as i'm sure he has me on ignore. I'll pledge $2000

Who is going to be in charge of distribution?  Hopefully NOT Jorge, if he exists.


EDIT:   

Woops!!!   I see that a potentially viable answer to my question was made by Rpietila:



QuickCoin is a great way of doing this. You can send 3 times per minute to people who have a FB account but have not even heard of Bitcoin. I will send to all my FB friends..Smiley


The problem with quickcoin is the transactions are not on the blockchain. If Jorge want's so get some academic value out of this "airdrop", it might be better to promote the use of blockchain wallets.


Jorge does NOT want to get any academic value out of anything related to bitcoin... He is just proclaiming such goals.  He regularly ignores inconvenient facts, which is NOT a very academic approach.  We should NOT be fooled by his purported professorship related to any bitcoin or cryptocurrency subject.
ChrisML
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May 27, 2014, 10:20:46 PM

Wow.

4 pages of Jorge discussions. Amazing, simply fucking amazing.

Is there a way to ignore posts with related words? Like the word "Jorge" for example.

Would be great.
hmmmstrange
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May 27, 2014, 10:24:12 PM


Jorge does NOT want to get any academic value out of anything related to bitcoin... He is just proclaiming such goals.  He regularly ignores inconvenient facts, which is NOT a very academic approach.  We should NOT be fooled by his purported professorship related to any bitcoin or cryptocurrency subject.

With me being one of Jorge's biggest critic set aside, I believe him to be an honorable man. I've offered to send him bitcoin in the past, no strings attached and he has refused the offer.

I'll give Jorge 2 days to respond to this offer and begin to work out some details. If he refuses, I'll look for other professors that would be interested at his university. Being the Bitcoin aficionado at the university, I doubt Jorge would relinquish this opportunity to an other professor.
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May 27, 2014, 10:24:55 PM





QuickCoin is a great way of doing this. You can send 3 times per minute to people who have a FB account but have not even heard of Bitcoin. I will send to all my FB friends..Smiley

[/quote]

And Risto now has 1000 FB friends. Wink
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May 27, 2014, 10:28:24 PM

Its obviously a W bottom - will breakout soon Wink

chart?  Smiley

the bounce up from the 550/551 level seems like a correction to me. looks like we might head down from here. what do you guys think?




If you are NOT trolling, you seem to be too short term, in your thinking/charting.

i am saying that the bounce = corrective in formation. this suggests that the dominant direction is down. it has nothing to do with short term/long term, but rather the formation of the waves.

http://www.elliottwave.net/educational/basictenets/basics3.htm
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May 27, 2014, 10:37:14 PM

Its obviously a W bottom - will breakout soon Wink

chart?  Smiley

the bounce up from the 550/551 level seems like a correction to me. looks like we might head down from here. what do you guys think?




If you are NOT trolling, you seem to be too short term, in your thinking/charting.

i am saying that the bounce = corrective in formation. this suggests that the dominant direction is down. it has nothing to do with short term/long term, but rather the formation of the waves.

http://www.elliottwave.net/educational/basictenets/basics3.htm


yes but you are on a 15 min chart
Gimmelfarb
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May 27, 2014, 10:43:26 PM

Its obviously a W bottom - will breakout soon Wink

chart?  Smiley

the bounce up from the 550/551 level seems like a correction to me. looks like we might head down from here. what do you guys think?




If you are NOT trolling, you seem to be too short term, in your thinking/charting.

i am saying that the bounce = corrective in formation. this suggests that the dominant direction is down. it has nothing to do with short term/long term, but rather the formation of the waves.

http://www.elliottwave.net/educational/basictenets/basics3.htm


yes but you are on a 15 min chart

here is the same formation on a 2hr chart. the length of the candles will not change the characteristics of the formation. will it? i don't think so.

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