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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 26371047 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.)
Newbie1022
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November 04, 2014, 02:02:40 AM

Ah, it's just Winklevoss nonsense... ok... so there's no real threat this thing is actually going to keep going up, somebody just had a hard on for the rower boys. Got it.

get ready....




Sorry bud, no anal gorging, tonight... well, except for you and your boyfriend.

wow...

y u mad bro Huh

 Grin Grin Grin

I'm not really, man. Just giving you crap back.
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empowering
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November 04, 2014, 02:05:54 AM

Ah, it's just Winklevoss nonsense... ok... so there's no real threat this thing is actually going to keep going up, somebody just had a hard on for the rower boys. Got it.

get ready....




Does not sound like they did a very good job ....

Yea, that's my take watching the price, too. I've had my finger right on the buy ticker, too, in case the situation got out of hand and also put in stops. But, yea, seems like there was no real news if the price can be trusted.

Sounds like it was mainly them talking about the history of money (and saying it was from barter) econ 101, gold is good , currency is better and digital is best, money made of precious metal is no more "real" then money made of paper or computer bits   and drones will deliver our sun screen on the beach, internet has become very good at exchanging data, but until digital currencies, it couldn't exchange value. Blah blah. Nothing of much note.

WiiD
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November 04, 2014, 02:09:17 AM



It is the trend line support back from April 2013:







You can think for yourself, if this is a good or a bad sign.

Decision will be made until 14th of November

So are the next 11 days "critical" for bitcoin? hehe

Thank you for pointing the support line out though. Maybe TA does have some merit? Or at least a self-fulfilling merit.

Self-fulfilling merit, and it is all planed by the guys(old elite) who invented bitcoin to make us all big slaves. Enjoy the ride, lol.
Walsoraj
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November 04, 2014, 02:11:23 AM

FTC appointed receiver is to convert ~24'000 BTC seized from BFL (and EMC?) to cash "on a systematic and reasoned basis"
https://bitcointalk.org/index.php?topic=150803.msg9427254#msg9427254


It is interesting how much of an impact market selling or merely flashing an ask of less than 7 days worth of mined coins would likely have on the price.

But, I doubt they will be flashed or dumped on an exchange. My guess is otc or gradually through a payment processor like coinbase, which will in turn sell on an exchange.
empowering
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November 04, 2014, 02:13:48 AM

I wish some bright spark had tweeted "WINKLEVOSS ETF !! OS HERE!!11" while the twinks™ were on stage.

That would have been hilarious! and to see if and what the reaction would have been.

(evil laugh)

(terrible person guilt)

(shrug)
BlindMayorBitcorn
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November 04, 2014, 02:14:06 AM

FTC appointed receiver is to convert ~24'000 BTC seized from BFL (and EMC?) to cash "on a systematic and reasoned basis"
https://bitcointalk.org/index.php?topic=150803.msg9427254#msg9427254


It is interesting how much of an impact market selling, or merely flashing an ask, less than 7 days worth of mined coins would likely have on the price.

But, I doubt they will be flashed or dumped on an exchange. My guess is otc or gradually through a payment processor like coinbase, which will in turn sell on an exchange.

Slow bleed. More slow bleed. I can see it
octaft
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November 04, 2014, 02:16:09 AM

Everything we do, see, eat, smell, feel are all inputs to our brain and they all cause an output. If you are simply defining anything that effects your brain as a drug, then every single thing in this entire world is a drug and since that has no exclusion criteria, it thus would make that term useless.

It has to be a chemical to be considered a drug.

other wise it will be called medicine Huh

Medicine and drug are not mutually exclusive, and I'm pointing out that the "exclusion criteria" is a chemical substance that has a known biological effect on the body, with the main effect not being one of nourishment (so excluding foods).
JorgeStolfi
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November 04, 2014, 02:19:56 AM

FTC appointed receiver is to convert ~24'000 BTC seized from BFL (and EMC?) to cash "on a systematic and reasoned basis"
https://bitcointalk.org/index.php?topic=150803.msg9427254#msg9427254
It is interesting how much of an impact merely flashing less than 7 days worth of mined coins would likely have on the price.

But, I doubt they will be flashed or dumped on an exchange. My guess is otc or gradually through a payment processor like coinbase, which will in turn sell on an exchange.

I would think that it has to be by public auction(s), for legal reasons.  (Any other solution would expose them to accusations of undue privilege and/or harming the customers by not getting the best price.  An auction may get a lousy price, but they could not be blamed for that.  Trust me, I know how civil servants think.  Grin)

If so, they may hand it to the USMS auction service, or hire an auction house. 
noobtrader
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November 04, 2014, 02:20:50 AM

Everything we do, see, eat, smell, feel are all inputs to our brain and they all cause an output. If you are simply defining anything that effects your brain as a drug, then every single thing in this entire world is a drug and since that has no exclusion criteria, it thus would make that term useless.

It has to be a chemical to be considered a drug.

other wise it will be called medicine Huh

Medicine and drug are not mutually exclusive, and I'm pointing out that the "exclusion criteria" is a chemical substance that has a known biological effect on the body, with the main effect not being one of nourishment (so excluding foods).

agree
noobtrader
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November 04, 2014, 02:22:36 AM

FTC appointed receiver is to convert ~24'000 BTC seized from BFL (and EMC?) to cash "on a systematic and reasoned basis"
https://bitcointalk.org/index.php?topic=150803.msg9427254#msg9427254


It is interesting how much of an impact market selling, or merely flashing an ask, less than 7 days worth of mined coins would likely have on the price.

But, I doubt they will be flashed or dumped on an exchange. My guess is otc or gradually through a payment processor like coinbase, which will in turn sell on an exchange.

Slow bleed. More slow bleed. I can see it

not slow bleed, just usual cup and handle pattern.  BULLISH !!!
BlindMayorBitcorn
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November 04, 2014, 02:23:43 AM

Or that. I can see that too
noobtrader
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November 04, 2014, 02:38:47 AM

Or that. I can see that too

i have to admit this market is boring lately...
ssmc2
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November 04, 2014, 02:52:00 AM

http://www.finextra.com/news/announcement.aspx?pressreleaseid=57499

Paypal -> BTC -> BK?  Cheesy
JayJuanGee
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November 04, 2014, 02:52:35 AM

For a guy using shrooms, you are really impatient. It is all part of the game.

Again, i don't use drugs. 

Shrooms aren't drugs. Shrooms are herbs or vegetables.

Heroin, tylenol, crystal meth, prozac, crack cocaine, etc are drugs.

Yeah whatever. I'm not here to discuss what drugs is.
I don't use mushrooms.

Maybe you should try some shrooms then? Might mellow you out Cheesy

I'm mellow as fuck.

Gold Smiley


Yeah, mellow as fuck as he his throwing the cum rag to the corner because he has NOT been laid for years, but then again is Shroomie is a teenage kid living in mom's basement and popping zits, then maybe he is too young to get laid, anyhow?   Cheesy Cheesy Cheesy
BitChick
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November 04, 2014, 02:53:01 AM

Or that. I can see that too

i have to admit this market is boring lately...

It is always a bit boring before it gets wild and crazy. Wink

lyth0s
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November 04, 2014, 02:53:04 AM

Everything we do, see, eat, smell, feel are all inputs to our brain and they all cause an output. If you are simply defining anything that effects your brain as a drug, then every single thing in this entire world is a drug and since that has no exclusion criteria, it thus would make that term useless.

It has to be a chemical to be considered a drug.

Ok, then define "chemical". On the most basic level it could be defined as an atom or arrangement of atoms. Therefore breathing oxygen (non-concentrated) is a drug.

But on a more physical level, shouldn't photons also be considered a chemical since they are particles and also have "receptors" and influence our brains? That would then support my claim of everything we see being a drug.


As far as chemical vs medicine, that is purely just a difference in what the substance is used for.

I have a Bachelors in Science in Biology and Chemistry with post-graduate education in a similar field. If you start listing every food item as a drug, the definition is all inclusive.

The word "Drug" should be limited to substances that are either potent by nature or are in a concentrated form that can produce an acute physiological change in our bodies.

How does that apply? Normal oxygen concentrations of about 21% at sea level pressures does not cause a change and therefore isn't a drug. Abuse of 100% oxygen is highly concentrated and causes many physiological changes, and thus could be classified as "drug" abuse.

This topic is completely unrelated to bitcoin, so this is where I end my discussion on the topic.
JayJuanGee
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November 04, 2014, 02:59:21 AM

FTC appointed receiver is to convert ~24'000 BTC seized from BFL (and EMC?) to cash "on a systematic and reasoned basis"
https://bitcointalk.org/index.php?topic=150803.msg9427254#msg9427254
Bitcoin doesn't seem to respond so much to "news"

Yeah.

The USMS auction happened on June 27.  In the 4 days prior the price dropped from 600$ to 560$, then recovered to 600$. After the auction it remained at 600$ for another 3 days, then shot up to 650$, perhaps on rumors that Draper had paid over market.  But that 650$ was merely a return to the high of June 2-10.  It may well be that those swings had nothing to do with the auction.

Yes, but Draper has become a punch line since his bid and nobody is going to be dumb enough to high bid an uber ton of coins, again. You have these coins and the ones in Australia or New Zealand or wherever the f---, too. You basically are going to have roughly 50,000 more coins hitting the market at the same time that the Winklevi are trying, more or less, to dump their coins. This s--- is officially dead. I am opening a short. This s--- is beyond f---ing dead.

Good luck with that... ha ha ha ha....  Embarrassed   Lips sealed
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November 04, 2014, 03:00:28 AM


Explanation
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November 04, 2014, 03:02:46 AM

Twitter was brutal on the Winklevoss twins ...

lyth0s
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November 04, 2014, 03:05:04 AM


FTC appointed receiver is to convert ~24'000 BTC seized from BFL (and EMC?) to cash "on a systematic and reasoned basis"
https://bitcointalk.org/index.php?topic=150803.msg9427254#msg9427254
Bitcoin doesn't seem to respond so much to "news"

Yeah.

The USMS auction happened on June 27.  In the 4 days prior the price dropped from 600$ to 560$, then recovered to 600$. After the auction it remained at 600$ for another 3 days, then shot up to 650$, perhaps on rumors that Draper had paid over market.  But that 650$ was merely a return to the high of June 2-10.  It may well be that those swings had nothing to do with the auction.

Yes, but Draper has become a punch line since his bid and nobody is going to be dumb enough to high bid an uber ton of coins, again. You have these coins and the ones in Australia or New Zealand or wherever the f---, too. You basically are going to have roughly 50,000 more coins hitting the market at the same time that the Winklevi are trying, more or less, to dump their coins. This s--- is officially dead. I am opening a short. This s--- is beyond f---ing dead.

It is one thing to be shorting bitcoin while it is going down in order to obtain MORE coins. It's a whole other game to actually be selling all of your coins and have nothing but shorts.

Hopefully you're smart enough to see that the end game IS bitcoin and you don't sell all of your coins off...
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