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

[ChartBuddy]

Explanation

[freedomno1]

Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.

Phone size is increasing again.

30 Years Of Cell Phones

There is one phone  missing in that photo. I purchased a "mobile" phone in 1991 or so and it was roughly 8x10x3 and had a handset that looked like a traditional phone with a 8in antennae, i believe that was the first mobile phone built as I was totally into cell phones when they first were introduced in the late 80s and paying 1-3 dollars per minute. Ill have to find a picture of that phone.. too bad I didn't keep it, im sure it would be worth something today..

I recall a Motorola of that description... 6w power!  what are current phones at? 1w or so?  Glad it had a remote handset 

Yep, you are correct, it was a Motorolla, Black, with a leather or fake leather covering, and yea, it was 6w or so.. It had a strap to put around your shoulders, boy did I look cool back then, lol....

Little did they know that those would become the future and everyone would have one back then
Talking about mainstream users not super early adopters ^_^

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Newbie1022]

Well, we jumped 3620 on Huobi, but only by an inch. I am even more uber-bearish at this point. The table is set and there are no buyers coming to the table even with an artificial floor in place. Twist it whichever way you want, but demand right now and at this price is completely s---. I guess that's what happens when leverage gets tightened (although we'll get a ramp back up as more leverage comes on line).

[Adrian-x]

Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.

Phone size is increasing again.

30 Years Of Cell Phones

Actually cellphones are dead, computers are so small they replaced phones.
I carry a computer that has phone capabilities.

[freedomno1]

Actually cellphones are dead, computers are so small they replaced phones.
I carry a computer that has phone capabilities.

Wouldn't that just be called a smartphone linked to a normal PC
Anyways still more sidewaysness with the Bitcoin price did like that Perfect Money news about bitcoin and bitpay acceptance though.

[UraN]

Russia finally bans BTC. You're a miner? Paid or bought btc? In jail for 10 years! Said "Bitcoin" in public? Then only 5 years LOL
https://bitcointalk.org/index.php?topic=720782.0
https://bitcointalk.org/index.php?topic=724436.0
https://bitcointalk.org/index.php?topic=725486.0
https://bitcointalk.org/index.php?topic=720541.0
https://bitcointalk.org/index.php?topic=720786.0

[Davyd05]

will we see cheap miners sold from Russia.. or just Russians being Russian as they dont give a fuck about jail time.

[ChartBuddy]

Explanation

[sidhujag]

And I am also watching the price on Bitstamp.

The support for the last few days at 578 needs to break. I will be looking to short the bounce.

So let me get this straight, you're gonna short after a break to the downside? If so, you have mad traderz skillz bro!  

Get rich via trading: wait for resistance to break, buy on dip, wait for support to break , sell on bounce

rinse repeat, easier said than done because of the mind and greed.

[nanobrain]

Actually cellphones are dead, computers are so small they replaced phones.
I carry a computer that has phone capabilities.

No, you carry a tracking device SIM card around, have forsaken your privacy for convenience and pay through the nose for the privilege.

If you had described the situation to Orwell, he wouldn't have believed it.

[Adrian-x]

Actually cellphones are dead, computers are so small they replaced phones.
I carry a computer that has phone capabilities.

No, you carry a tracking device SIM card around, have forsaken your privacy for convenience and pay through the nose for the privilege.

If you had described the situation to Orwell, he wouldn't have believed it.

Funny that. I used to be sensitive to the situation now I see Google even checks my GPS location when I active cretin apps or charge my phone at a different time and I have agreed to the tracking (it's not even subversive) I'll start messing with the situation just for you and Orwell, I'm sure he'd be shocked what's available and what's considered OK.

[Gimmelfarb]

there's so much manipulation in this market. i gotta stop letting the whales get in my head. i mean -- is this guy accumulating on huobi? or is trying to get us to think he's accumulating?

 

[ChartBuddy]

Explanation

[blatchcorn]

RUSSIA BAN FOOD! http://www.reuters.com/article/2014/08/06/us-ukraine-crisis-idUSKBN0G61K220140806

PANIC SELL!!!

[molecular]

hey guys.

you know I would never endorse/promote any altcoin, but I ran an analysis of 237 alts and before publishing, I want to let you know the winner (most promising, best value proposition) is: NEWBCOIN.

This is no endorsement of newbcoin. Don't put in money you're not prepared to lose. Don't miss the train, though. Newbcoin going to Mars!

NewbCoin is different... it really could be the Bitcoin-Killer, next big thing.

[Searing]

RUSSIA BAN FOOD! http://www.reuters.com/article/2014/08/06/us-ukraine-crisis-idUSKBN0G61K220140806

PANIC SELL!!!

actually...being a farmer is gonna be good this year in the USA....having a gas fired furnace in the EU this winter...er ..not so much


Searing

[Wary]

Russia finally bans BTC.

  Not yet. That's project of the law, published for discussing. If accepted, will become the law at some point in 2015.

[JimboToronto]

No, you carry a tracking device SIM card around, have forsaken your privacy for convenience and pay through the nose for the privilege.

You forgot to mention the camera and microphone attached to the SIM card.