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

[ChartBuddy]

Explanation

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[edwardspitz]

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I agree. Typical wall street slang. They will soon come. You will notice it also on the price.

You really think it'll be like that? Maybe later, but definitely not when they start. Expect surprises.

I agree with OP, but I also fear Wall St. with their lobbyists. Wall st. is just so pellentesque.

[Markus11]

will the result(s) of the fbi coin auction be published?

[Davyd05]

Huobi feeling a little more bullish ?

[keithers]

will the result(s) of the fbi coin auction be published?

Most likely the info will reach the internet, whether it is supposed to or not. i assume this because even a tentative list of potential buyers was leakes, even though it wasn't supposed to

[mmitech]

What is a 'weak hand'? Why is this type of penny stock terminology used in bitcoin? Does this imply that bitcoin is some type of investment scheme to hold rather than a currency to use?

It's a poker term long before "penny stocks." It means you lack confidence in you ability to play.

So it's a profit making game and not the future of money?

Is money not about profit?

Bitcoin is supposed to be about creating a decentralized network to change the way the world does finance and payments - not about getting all the bitcoin participants to be rich off of the successive waves of bitcoin participants because the unit value rose and having a contest about who made the most profits.

I invested to make money and to be able to reach some goals ( the volatility makes it easier than working hard to earn that money )... I literally don't give a fuck about the technology behind it, it is a cool innovation and all but I don't think it is a reason for to risk my life savings and be a "strong hand" when I could collect profits and not be a greedy bastard.... most of the time people here will attack you when you tell them that you are trading to make a profit or when you tell them you cashed out some of your holdings....

That is NOT why you were attacked.  You were attacked b/c you failed to articulate any plan that made sense to anyone beyond yourself.. and even then, NOT clear if it made sense.

https://bitcointalk.org/index.php?topic=656657.0

I've attempted to make a quick response within that thread, and to also respond to the poll to the extent any of the answers come close to what is really happening here.

In essence, the mere fact that you spending a lot of time publicly discussing this matter in various threads seems to demonstrate that you do NOT really know the fuck what you are talking about or even that you have adequately analyzed or understood your own position nor your plan.

 I am NOT sure whether you have bad intents, so in that regard, I feel sorry for some of your ignorance... and lack of recognition of your own inabilities to know when to stop and when you likely need to spend some private time figuring out what you are doing and why you are doing it in order that you can explain.. to the extent that you end up continuing to post these kinds of matters in public threads....

Otherwise, you decisions regarding your investments or lack thereof in BTC or in other crypto-currencies are your own private concerns, and probably it would be better for everyone, including yourself, for you to keep your seemingly stupid-ass ill conceived and inadequately contemplated ideas to yourself... until they are better formulated.    That's just my sense of the situation, at the moment, so take it for what it is worth.. and if you are NOT ready, willing or able to understand or to accept my thoughts, then NO problem to just let my comments pass.

you didn't answer to a single argument... you just choose a personal attack path.. you are a joke.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[BRADLEYPLOOF]

So, when is someone going to buy an island, start a farm, power plant, ISP, and waste water treatment facility that does everything in bitcoin?  Then, we can say F*** fiat, lets price everything in BTC.  I'd rather pay a set BTC price every freakin' time then buy a couple pizzas worth a few million dollars a couple years later. 

Any takers?  That'd be the easiest way to start a TRUE BTC economy that's not dependent on the Fiat->BTC relationship.  Granted, it would probably take a little while to get going, but it would be awesome...

[TERA]

Looks like btce is trying to be proactive about a drop and lead the way but its not working.

[roslinpl]

Looks like btce is trying to be proactive about a drop and lead the way but its not working.

Well at least they are trying to do something :-)

I will just sit and watch as this situation is quite interesting :-)

[maok]

So, when is someone going to buy an island, start a farm, power plant, ISP, and waste water treatment facility that does everything in bitcoin?  Then, we can say F*** fiat, lets price everything in BTC.  I'd rather pay a set BTC price every freakin' time then buy a couple pizzas worth a few million dollars a couple years later. 

Any takers?  That'd be the easiest way to start a TRUE BTC economy that's not dependent on the Fiat->BTC relationship.  Granted, it would probably take a little while to get going, but it would be awesome...

If this happens we won't be here to see it, I think what we can hope for the next 100 years is the use of BTC alongside Eur, USD, and all other currencies. Some banks already are making studies of how to implement bitcoin as an alternative currency for their portfolio and I think thats a great move because whenever the next financial crisis will arrive they could rely solely on bitcoin which value won't diminish like their local currencies, thus more people economy will be saved thanks to bitcoin , but until then we'll have to coexist with the devil unfortunately.

[TERA]

Huobi feeling a little more bullish ?

Apparently Huobi was feeling bullish about 8 hours ago and the feed is delayed by 8 hours.

[ChartBuddy]

Explanation

[JorgeStolfi]

Apparently Huobi was feeling bullish about 8 hours ago and the feed is delayed by 8 hours.

Yeah, it has been going on for half a day or more, and the delay is increasing. However, a few hours ago checked the chart on their homepage for an hour or so: it was up-to-date and the price tracked OKCoin's closely and promptly.  But arbitrage between Bitstamp and them did not seem to be active.

[Room101]

Don't post very often guys, but been around for a while, got most of my coins in the 80 -120 bracket. Because of that i have pretty much just hodl through a few of the ups and downs and never had to worry about losing money cause it has rarely dropped below that whilst i have owned. Knew it was a bubble late last year but just didnt want to sell at gox where i had an account, and was just too lazy to set up stamp, so i have just kept hodling though the up and down.

Just wanted to say it feels a lot like it did when it was in the 120 -150 range for a while, before exploding to 1000. Occasionally i have doubts cause my coins are worth a reasonable chunk of change and it would suck to lose my bitcoin nest egg, but i have to say, from a rational perspective, bitcoin has lot more going for it now than it did 12 months ago.

Trade if you think you are smart AND lucky. Otherwise buy, hold, and look forward to the future!!

[smiley123]

Don't post very often guys, but been around for a while, got most of my coins in the 80 -120 bracket. Because of that i have pretty much just hodl through a few of the ups and downs and never had to worry about losing money cause it has rarely dropped below that whilst i have owned. Knew it was a bubble late last year but just didnt want to sell at gox where i had an account, and was just too lazy to set up stamp, so i have just kept hodling though the up and down.

Just wanted to say it feels a lot like it did when it was in the 120 -150 range for a while, before exploding to 1000. Occasionally i have doubts cause my coins are worth a reasonable chunk of change and it would suck to lose my bitcoin nest egg, but i have to say, from a rational perspective, bitcoin has lot more going for it now than it did 12 months ago.

Trade if you think you are smart AND lucky. Otherwise buy, hold, and look forward to the future!!

+1

[empowering]

What does Monkey feel about current developments in Iraq in relation to Oil...  my monkey thinks developments could be Bullish for Oil, or does Monkey think we have had the spike already due to Iraq, and now prices will ebb down again

I have not taught the monkey about geopolitics yet.  I plan to do so, and my plan is principled, detailed, and approximately state of the art.  But it is also a time-consuming plan, sadly, and will not bear fruit for many months.  Monkey is very focused on price action right now.  Surprise events (and even unsurprising events) tend to catch him flat-footed.

Well my Monkey and I would not be surpised to continue to see a rise in crude.



(n.b Exxon, BP, big oil evacuating key staff from Iraq)

Although the other side of the coin - so maybe my monkey and I are a little paranoid... maybe your monkey is better off focused on price action.

http://www.marketoracle.co.uk/Article46111.html

[MatTheCat]

Huobi feeling a little more bullish ?

Apparently Huobi was feeling bullish about 8 hours ago and the feed is delayed by 8 hours.

If there is a rise, it will likely be a 'Fuck U' rally (~$630) consigned to the leveraged trading exchanges as the exchange insiders go after the short stop losses. Other than that, all indicators point to pending downtime in Bitcoin land.

Looks like btce is trying to be proactive about a drop and lead the way but its not working.

Bitcoin will go down only when Stamp is ready for it to go down. No matter who takes the lead.

[xyzzy099]

How to set up your own Aminorex-style prediction monkey:
(Avoid the robotic arm - sometimes the monkey gets angry.)