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

[ErisDiscordia]

What exactly do you mean by this:

Those that think the market can't support the thousands of coins being mined everyday (~3600), are forgetting about the fact that we're seeing over 1.5 million Android activations per day. That's straight from Google's mouth.       

[betaknight]

What exactly do you mean by this:

Those that think the market can't support the thousands of coins being mined everyday (~3600), are forgetting about the fact that we're seeing over 1.5 million Android activations per day. That's straight from Google's mouth.       

http://www.engadget.com/2013/04/16/eric-schmidt-google-now-at-1-5-million-android-activations-per/

The # of people joining the internet for the first time continues to grow at a rapid pace. The # of people joining the mobile web (perhaps their first experience with the web) is a strong driving force in the growth of internet technology, which includes bitcoin.

We're seeing more devices and new networks. It's getting cheaper and cheaper to build the infrastructure needed to grow the size of the internet community. Project Loon is just a novel idea at this point, but it's just one more sign of the growth that's still to come.

http://www.zdnet.com/googles-project-loon-uses-big-networked-air-balloons-to-fill-internet-black-holes-7000016887/

[ShroomsKit]

I have the feeling confidence is slowly coming back today. And unless we see another big dump prices might slowly go up to 105+ again.
I would buy back in if i did any trading 

yup, nothing like a busy market place for restoring confidence. 

Sure, but don't come crying here when you're left behind. Don't tell me i didn't warn you 

[Frozenlock]

buy now or panic buy at 111, 180 in 10 business days   

I see what you did there.

[ChartBuddy]

[Richy_T]

10btc per hour....what a bargain.

I'm kinda surprised nobody has juxtaposed these before...

[TheKoziTwo]

buy now or panic buy at 111, 180 in 10 business days   

I see what you did there.

Hahahaha 

[betaknight]

lucky ones getting bids filled at $100.xx, selling at $100.xx is a bad idea IMO; shorting it would be even worse. 

[Jozzaboy]

Just banged on the 100 dollar wall with a giant *BONG*. My speakers shook an ornament off the shelf.

Which one of you called a rally to 110??

[KS]

So...do you really think Mr. Manip is done with his play money?

[betaknight]

Just banged on the 100 dollar wall with a giant *BONG*. My speakers shook an ornament off the shelf.

Which one of you called a rally to 110??

patient buyers letting scared sellers fall into low bids. Over the past 3.5 days, someone has picked up a nice amount of coins between 97 and 98..then 98 and 99.. now 99 and 100.  The market is just working off the fear caused by "the dumper" from 130s, but sellers are still panicky.  The longer this small range churns, the more likely we are to see a bounce towards 110 rather than a dive to 90, imo.

[Jozzaboy]

Just banged on the 100 dollar wall with a giant *BONG*. My speakers shook an ornament off the shelf.

Which one of you called a rally to 110??

patient buyers letting scared sellers fall into low bids. Over the past 3.5 days, someone has picked up a nice amount of coins between 97 and 98..then 98 and 99.. now 99 and 100.  The market is just working off the fear caused by "the dumper" from 130s, but sellers are still panicky.  The longer this small range churns, the more likely we are to see a bounce towards 110 rather than a dive to 90, imo.

Oh I'm not butthurt, I had a buy order of 13 BTC at 100.05 that filled. I'm happy as can be. Bring on that 110

[ChartBuddy]

[molecular]

Rpietila, if you are real then you are obviously very mentally ill (not attacking you here, just interested).
This obviously didn't start yesterday.
My guess is you've been diagnosed with mental sickness at least once in the past.
Would you mind sharing what they found?

I would be surprised if more than 50% of people on this forum featured some sort of mental fuckup so great it incapacitates them in some way or another. Rpietilas fuckup is quite visible, that's what discerns him from many here. Also: there is no "normal" and no "sick", really.

What counts for me is that when you make a deal with the person he's honest, available and reasonable in communication and reliable in action. This has been the case for rpietila to an above-average degree on the occasions I traded with him.

[ShroomsKit]

Rpietila, if you are real then you are obviously very mentally ill (not attacking you here, just interested).
This obviously didn't start yesterday.
My guess is you've been diagnosed with mental sickness at least once in the past.
Would you mind sharing what they found?

I would be surprised if more than 50% of people on this forum featured some sort of mental fuckup so great it incapacitates them in some way or another. Rpietilas fuckup is quite visible, that's what discerns him from many here. Also: there is no "normal" and no "sick", really.

What counts for me is that when you make a deal with the person he's honest, available and reasonable in communication and reliable in action. This has been the case for rpietila to an above-average degree on the occasions I traded with him.

Oh for sure. Don't get me wrong. I have no problem whatsoever with the guy. And i'm pretty sure when it comes to business he is a honest person.

[Jozzaboy]

mtgox must have a large advertising budget.

http://bitcoinmagazine.com/mtgox-publishes-bitcoin-ad-in-g8-conference-magazine/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinMagazine+%28Bitcoin+Magazine%29

Oh snap. As crap as MTGOX is for uptime and general incompetence, they do have the dough to help out Bitcoin as a whole.

[420]

[fr33d0miz3r]

[Its About Sharing]

Anyone see another negative divergence? We are again having an up day on lower volume then the day before. That happened on the rise last week (and then we came down to current levels).

Careful careful here though, you never know when another move will happen. But that negative divergence is a warning sign, quite reliable...

[ChartBuddy]