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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 26372296 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.)
BBmmBB
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September 30, 2014, 12:36:35 AM

So who believes it will break the previous $340 low of April? I think? If it does then not much to stop it falling a lot further.

lets ask the magic 8 ball.

"Outlook Good"

well there you have it!

THE MAJIK8 BTCALL NEVER LIES!  Wink
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kurious
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September 30, 2014, 12:38:06 AM

I think Adam was right about circle, looks like there's regular buys started on bitfinex.


I doubt that there have been very many buys on Circle. 

I signed up for a circle account, and to verify my bank account will take 2-3 days.

Of course, I could buy immediately with a credit card, but I am NOT going to buy with a credit card b/c I am NOT going to take the chance of paying outrageous cash advance fees (which are likely through my CC).


Accordingly, IMHBO it will take a few days before the mass adoption of Circle will result in actual purchasing of coins.



I was able to link a debit card to my Circle account. I haven't made a purchase yet but I'm sure others have used this type of card successfully

I made a debit card 'test' payment too.  About 2.9% charge for money in and bank costs may add to that (I am not in USA) so not an ideal way to deposit. 

Ex-USA banks cannot do transfers - so it was my only deposit option (other than BTC in).  Transfers are fee-free from US banks - but even if ex-USA banks can eventually transfer in, so far it is in USD only - which will still involve currency exchange slippage, or fees for non-USA banks.

Looks good though - easy to use and very easy to buy (and apparently to safely hold) BTC. 

They will end up with a fund of BTC and USD, which will allow them to cover a certain cash in / out flow without needing to go to market every time - I did not check if they ring fence funds entirely in individual client accounts, or just 'insure' the amounts.

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September 30, 2014, 12:42:39 AM



a bunch of models in the background, i like it
adamstgBit
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September 30, 2014, 12:43:57 AM



a bunch of models in the background, i like it

who needs models look at that sexy machine
Room101
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September 30, 2014, 12:46:47 AM



a bunch of models in the background, i like it

who needs models look at that sexy machine


lol i have to admit......i didn't even notice the women. I am a truly sad bitcoin fanatic
adamstgBit
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September 30, 2014, 12:49:17 AM


David M
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September 30, 2014, 12:54:02 AM



a bunch of models in the background, i like it

who needs models look at that sexy machine


lol i have to admit......i didn't even notice the women. I am a truly sad bitcoin fanatic

Homer: Aw, twenty Bitcoin? I wanted a Model!
Homer's Brain: Twenty Bitcoin can buy many Model.
Homer: Explain how!
Homer's Brain: Bitcoin can be exchanged for goods and services.
prophetx
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September 30, 2014, 12:54:07 AM



a bunch of models in the background, i like it

who needs models look at that sexy machine


lol i have to admit......i didn't even notice the women. I am a truly sad bitcoin fanatic

the last few months i have been spending a lot more time with women then i have been with bitcoin (i saw the down trend coming at the beginning of the year).

but now that winter is coming it is time for me to get serious again and get back to business.

ChartBuddy
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September 30, 2014, 01:01:13 AM


Explanation
derpinheimer
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September 30, 2014, 01:01:28 AM

About BTC2k of walls pulled from mid-high 400's on Bitstamp.

To be moved down or market sold? Hmmm.
Wary
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September 30, 2014, 01:02:03 AM

Looks like China has deep pockets. That's 'cos they can get fiat in and out easily, I wish we could do that....
EDIT: Bitcoin's the bottleneck now, how fscking ironic is that?
Has China already abandoned capital control? I've missed the news.
karolina
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September 30, 2014, 01:08:13 AM

BTC have become very cheap because...

They're...


Made in China.
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September 30, 2014, 01:09:58 AM

About BTC2k of walls pulled from mid-high 400's on Bitstamp.

To be moved down or market sold? Hmmm.

there just there to provide at least SOME liquidity should bill gates want to play
derpinheimer
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September 30, 2014, 01:11:51 AM

About BTC2k of walls pulled from mid-high 400's on Bitstamp.

To be moved down or market sold? Hmmm.
Fsck, first time its dropped in a long time. A lot of that wall is one trader and I'd guess that's most of the stash if its there to intimidate.

Yeah. Also I just noticed its 3k, not 2k.
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September 30, 2014, 01:14:05 AM

BTC have become very cheap because...

They're...


Made in China.

+1
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September 30, 2014, 01:19:09 AM

BTC have become very cheap because...

They're...


Made in China.


That statement scares me lol
Richy_T
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September 30, 2014, 01:20:23 AM



a bunch of models in the background, i like it

who needs models look at that sexy machine

It's a photoshop. I can tell from the pixels.
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September 30, 2014, 01:21:39 AM

my doctorate supervisor in economics always says markets are non-existent, it have to be people who interact, anyway I know what you are saying but even that is not an answer. there have to be people who are willing to sell at that prices.
What's more, even people are non-existent, it just molecules that interact. Which, in turn don't exist either, it just elementary particles that interact. And even particles don't really exist, they are just some fuzzy clouds of probabilities. Wink
ShroomsKit
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September 30, 2014, 01:23:50 AM

Almost 5k to get back to 400.
Obviously we must go down even more.
adamstgBit
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September 30, 2014, 01:30:16 AM

Almost 5k to get back to 400.
Obviously we must go down even more.

in rally mode it one would say "only 5K to 400, its going to rocket there any minute!"

sadly bitcoin is definitely not in rally mode.  Cry
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