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

[janos666]

http://thepiratebay.se/torrent/11183060/The_Rise_and_Rise_of_Bitcoin_-_HD
https://blockchain.info/address/19xb2pAzyv7feFkBhbh3n3rtBJ9JPTufm

CCMF!!

The ending is very depressing (in my opinion anyway).

Why? Without giving too many spoilers.

The first parts are really euphoric (blindly optimistic, positive, fun, exponentially progressing...). Then you start to learn about how this all is a big wild roller coaster in both monetary and emotional aspects (prices fluctuate, companies rise and fall while they steal your money and/or BTC and seemingly good guys face jail time, prices crash again, etc, so basically 99.9% of the people lose something or other at the end: time, money, coins, spiritual happiness, positive future outlook..., sometimes all of these at once).
The ending shows how Bitcoin sucked out most the enthusiasm from a main subject of the documentary who was probably one of the very few true Bitcoin supporters who never seemed to gave up. For me, it seemed like he feels really empty now, like he already lost the hope and he just fails to admit it for himself and move on, he just got stuck with Bitcoin but without the spiritual or monetary benefits.


Ahh...
That order I didn't place 1-2 hours ago (because I were listening to Schiff) would be in the green already.
Starting to feel like a real reversal to me.

Janos666:  

I agree with you that the documentary seems to show quite a few difficulties in the bitcoin space and a lot of emotional turmoil of the participants; NONETHELESS, I believe that your review of the documentary is a bit overly pessimistic about what the film depicts.

I posted a review here:  https://bitcointalk.org/index.php?topic=512096.msg9167034#msg9167034

This wasn't a review, just my impression.
I waited for this movie to make one of my friends watch it. I have been trying to lure him into buying at least a few BTC and trade with me instead of fooling around with the forex and paper gold markets. I know BTC better, he knows markets in general better, so I figure it could be a profitable cooperation for both of us...
Then the torrent came online and I watched it first. I even liked it because I know how it goes (I wasn't an early adopter but I have been around for a while, earlier than my forum account) and it's good as a documentary. But I definitely won't ask that friend of mine to watch it! I sent him links for the Antonopoulos and CFTC hearings instead. The ending was too depressing and that leaves a mark.

[coins101]

That $398-$390-$398-$390-$398 dance with the $400 threshold is going to look pretty stupid when we reach $2,000.

Just get it over and done with.

[ShroomsKit]

Can you believe there are still people dumping?

ShroomsKit i am thinking to put you in my signature too if we will be still around in few years and we will be "whales", i just wanted to say, it was honor to read your posts man  

 

[fonzie]

10....
Bid walls are up

[spooderman]

Ooooof getting close to a multiple of 100!

I love me some multiples.

[hyphymikey]

Last chance to dump under $400 to save your shorts, even though they will get squeezed anyways.

[spooderman]

YEAH

[fonzie]

400

[Richy_T]

Blam. 400.

[DutchTrades]

YES!

[Pala_00]

[marvinrouge]

WOOOOOOO

[dz5]

400!

[janos666]

400, LOL.
Should I close the margin trade when Bitfinex catches up or not?
-> Yes Schiff, I went in anyway.

[spooderman]

Trend Reversal Confirmed

[blade87]

$400 on Stamp!!! 

[medialab101]

Arbitrary number momentarily achieved !!!!

Something is happening!!!

[JayJuanGee]

for all who have not read it yet
http://www.coindesk.com/apple-pay-threat-bitcoin/

$10 incoming!!

Gotta say, that article seems incredibly misguided to me.

I think BTC might have issues with confirmation time right now that prevent a ton of in-store user adoption, but the long-term important advantage that BTC has, in my view, is transaction cost.  Apple isn't going to reduce transaction cost one iota for anybody in the chain, from what I can tell, but somebody pleae correct me if I am wrong.

For ordering online for next-day ship, fo airline tickets, for anything that doesn't require immediate change-of-possession, there is a 4%+ advantage to using BTC.

I just wish somebody would integrate a BTC wallet with gasoline pumps and come up with a way for me to put gas in my car while saving that 4%+, then split that savings with the merchant.

Apple just provides a slicker interface for using the same system of usury.

If anything Apple has proven historically that people are willing to pay a considerably high premium for ease of use (or even perceived ease of use).

[coins101]

The next 25 minutes to $500 will be critical  

[Richy_T]