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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 26381227 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.)
razorramon
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January 17, 2015, 06:13:16 PM


So to buy a 2mBTC coffee I'll need at least 3mBTC to insta-transact through bitpay?

Or something like this?

no? where do you have this from?
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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soullyG
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Decentralize everything


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January 17, 2015, 06:16:29 PM

looks like btcmiami is working pretty impressive

bitpay announced nearly instant bitcoin transactions...one of the major bitcoin problems solved
factom looks also VERY interesting

Link please?

http://impulse.is/

Thanks!
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January 17, 2015, 06:16:38 PM

no? where do you have this from?

"1 BTC purchase may require a paychan of value 0.5 BTC and a paychan of 0.8 BTC, used together."


I'm a 3rd year Mech Eng student, and even this shit is double dutch to me.

Can somebody give me a simplified version of how this will work for the consumer?
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January 17, 2015, 06:45:09 PM

Bitfinex

Bitstamp

Explanation


Nice try, but still too expensive. How about $150 ? I'd buy some just to prolong the pain of these imbecile bulls. Two digits is still the correct valuation, though.
inca
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January 17, 2015, 06:53:39 PM

no? where do you have this from?

"1 BTC purchase may require a paychan of value 0.5 BTC and a paychan of 0.8 BTC, used together."


I'm a 3rd year Mech Eng student, and even this shit is double dutch to me.

Can somebody give me a simplified version of how this will work for the consumer?

Read the spec?

http://impulse.is/impulse.pdf
razorramon
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January 17, 2015, 06:54:41 PM

the fee is like 0,01%

it is a bit confusing...that's true...
as far as i understand it it is something like insurance that you get refunded
maybe it is not possible to spend your last bitcoin with impulse because of the missing insurance?

http://de.slideshare.net/jgarzik/btcmiami-2015

here is the actual presentation...page 11 is about impulse
razorramon
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January 17, 2015, 06:56:27 PM

btw. okcoin ceo says bitcoin is totally legal in china
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January 17, 2015, 06:59:58 PM

Bitfinex

Bitstamp

Explanation
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January 17, 2015, 07:00:52 PM

btw. okcoin ceo says bitcoin is totally legal in china

You can trust him, or your own eyes:

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January 17, 2015, 07:05:09 PM



?
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January 17, 2015, 07:12:12 PM



?

At least on the basis of equity markets, descending triangle patterns break to the downside 64% of the time but that doesn't mean it can't break to the upside. Looks more like a wedge though from the swing lows.
razorramon
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January 17, 2015, 07:17:13 PM

if we don't push to the downside soon there is a good chance that i was wrong with going lower and we actually go up from here...
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January 17, 2015, 07:22:14 PM

if we don't push to the downside soon there is a good chance that i was wrong with going lower and we actually go up from here...


Well, you have a 1 out of 3 chance of being right directionally.
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January 17, 2015, 07:29:59 PM

btw. okcoin ceo says bitcoin is totally legal in china

It can't be true...

razorramon
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January 17, 2015, 07:30:03 PM

if we don't push to the downside soon there is a good chance that i was wrong with going lower and we actually go up from here...


Well, you have a 1 out of 3 chance of being right directionally.

in any case i am fine...

and especially in something like trading you should not stick to your opinion and add every new information to your calculation...
BlindMayorBitcorn
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January 17, 2015, 07:34:25 PM

btw. okcoin ceo says bitcoin is totally legal in china

You can trust him, or your own eyes:



I like how on the desk there is a naked dagger and what looks to be some kind of Bitcoin disk? Really hits home...
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January 17, 2015, 07:34:57 PM

btw. okcoin ceo says bitcoin is totally legal in china

It can't be true...



OKcoin CEO also thinks Bitcoin is the "TCP/IP of finance".

Grin
NotLambchop
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January 17, 2015, 07:49:58 PM

Bulls can't even keep the price above 200.
Weak.
Bitcoin_BOy$
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January 17, 2015, 07:50:56 PM

I just sell 0.1 bitcoin for 197.6 is this mistake ?
arsenalfun
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January 17, 2015, 07:51:17 PM

Bulls can't even keep the price above 200.
Weak.

You mean

bears can't even push the price below 200  Huh
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