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

[NotLambchop]

^What you need to stop doing is typing shit into the intertubes when you have nothing to say.  You wanted me to watch some YouTube vid clip to basically insult me?  How old are you, kid?  What's next, RickRolling?

Intertubes?

Those are inner tubes, illiterate Bitcoiner.  This is what you want:

[octaft]

Some one asked about a hundred pages ago what would be the most bullish scenario?

Well here it is...

Ulbricht will be found innocent of all charges and the judge will rule that the USMS will have to immediately buy back the auctioned coins and return them to Ross.

Choo choo?
 

Yeah...selling these coins without closing the investigation seems like a bad move

especially considering these may be the "lost" goxcoins!

Both sides agreed to make the sale because the price was plummeting, all the ruling will determine is who gets the profit from that sale.

[BlindMayorBitcorn]

^What you need to stop doing is typing shit into the intertubes when you have nothing to say.  You wanted me to watch some YouTube vid clip to basically insult me?  How old are you, kid?  What's next, RickRolling?

Intertubes?

Those are inner tubes, illiterate Bitcoiner.  This is what you want:

[YourMother]

Some one asked about a hundred pages ago what would be the most bullish scenario?

Well here it is...

Ulbricht will be found innocent of all charges and the judge will rule that the USMS will have to immediately buy back the auctioned coins and return them to Ross.

Choo choo?
 

[shmadz]

Both sides agreed to make the sale because the price was plummeting, all the ruling will determine is who gets the profit from that sale.

Interesting, let's assume that the coins sold for an average of 300 bucks each, so 15 million dollars...

Do you think 15 million dollar market buy today would get you more than 50,000 bitcoins? Or less?

[octaft]

Both sides agreed to make the sale because the price was plummeting, all the ruling will determine is who gets the profit from that sale.

Interesting, let's assume that the coins sold for an average of 300 bucks each, so 15 million dollars...

Do you think 15 million dollar market buy today would get you more than 50,000 bitcoins? Or less?

Depends on how many bitcoins Ulbricht's lawyers will want to buy.

[BlindMayorBitcorn]

Both sides agreed to make the sale because the price was plummeting, all the ruling will determine is who gets the profit from that sale.

Interesting, let's assume that the coins sold for an average of 300 bucks each, so 15 million dollars...

Do you think 15 million dollar market buy today would get you more than 50,000 bitcoins? Or less?

They will just pay a hax0r to steal another hot wallet. Easy peasy

[billyjoeallen]

Could you remind me the last time FDIC has been unable to pay?  
If enough people go to the same coffee shop all at the same time, there'd be carnage.  Fortunately, shit like that hasn't happened yet, so while it remains a metaphysical possibility, color me not worried.

It is Bank deposit insurance. It is not banking system insurance. It was designed to prevent runs on individual banks, not on the entire banking system. It was dangerously undercapitalized in 2008 and required a bail-in and also had to hike rates to repay the emergency loan.

[adamstgBit]

Bitcoin is the answer to all of mankind's problems.

idk how its going to fappen, but i get the feeling its fapping right now!

220 in 5 seconds.

[N12]

Buy or die.

[thefunkybits]

NotLambchop seems irritable today  


bullish?

[N12]

What's funnier than Beanie Babies?

Beanie Babies with shorts on.

 

[N12]

China caught up to the west. They're about to teach roundeye a good lesson.

[billyjoeallen]

Where's the volume? We're still $15 below the post-crash high and China is waking up soon.

[N12]

[cbeast]

Hello bulltards.
I am back. With even more fiat and BTCs.
I told you in december 2013... but you did not want to listen. Hopefully you lost a lot of BTC or FIAT or BOTH!

Ok, so you got lucky and made a good call. So what? You are nothing but a trader that knows how to take advantage of this legacy centralized trading system. Guess what? Decentralized markets are coming and you will be a clueless as everyone else how they unfold. So enjoy your spoils of war, because they will be among your last. Go gloat to your Wall Street buddies that made billions ripping off hard working people. No? That's because you are not one of them. You are not one of us either. Holding bitcoins makes you lose nothing, and you will never understand that.

[NotLambchop]

Could you remind me the last time FDIC has been unable to pay?  
If enough people go to the same coffee shop all at the same time, there'd be carnage.  Fortunately, shit like that hasn't happened yet, so while it remains a metaphysical possibility, color me not worried.

It is Bank deposit insurance. It is not banking system insurance. It was designed to prevent runs on individual banks, not on the entire banking system. It was dangerously undercapitalized in 2008 and required a bail-in and also had to hike rates to repay the emergency loan.

So TL;DR: FDIC has never been unable to pay?  But you're worried that it might, some day?  Gotcha.
BTW, you say FDIC hiked its rates?  Yet I haven't noticed it on my bank statements.  I'm sure I'm unwittingly paying for those too, tho.  Perhaps through inflation?  Nope, the US dollar seems to be fine.  It's almost as if ...nah.
Also, don't seem to remember FDIC being bailed in/out.  Sauce?  (not that I doubt your learnings)

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[silverfuture]

Hello bulltards.
I am back. With even more fiat and BTCs.
I told you in december 2013... but you did not want to listen. Hopefully you lost a lot of BTC or FIAT or BOTH!

Ok, so you got lucky and made a good call. So what? You are nothing but a trader that knows how to take advantage of this legacy centralized trading system. Guess what? Decentralized markets are coming and you will be a clueless as everyone else how they unfold. So enjoy your spoils of war, because they will be among your last. Go gloat to your Wall Street buddies that made billions ripping off hard working people. No? That's because you are not one of them. You are not one of us either. Holding bitcoins makes you lose nothing, and you will never understand that.

pwned

[Sitarow]