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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 26383513 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.)
troleybüs
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February 22, 2015, 03:25:22 AM

If we don't have Mt-Gox we wouldn't be able to see 1250$ coins. Mark Karpeles' most useful work is the November 2013 bubble. The only "good stuff" I can think of is this.

Sorry, he did not.  The Nov/2013 bubble (and almost certainly also the Apr/2013 one) was made in China, by an army of amateur and semi-pro day-traders who discovered bitcoin and bought a million BTC or more from the West.  Huobi ad OKCoin were clearly leading the price change, both during the Nov/2013 rally and during the Dec/2013 crash.

Given that premise, WIlly's purpose can only have been to do arbitrage with China.  That would have been an "unsurmountable opportunity" to make tens of millions of dollars of profit: buy coins from your customers with make-believe dollars, move the coins to a Chinese exchange, sell them for CNY at a significant markup, withdraw the CNY, convert to USD, take your profit, and put the rest of the USD in your client accounts, before they notice the coup.   

But perhaps the PBoC realized that those Chinese day-traders had just imported a couple million worthess pieces of nothing, without going through customs or anything, and were about to pay 1 billion USD in CNY for them to the foreign sellers.  Perhaps the PBoC decrees and bank closures were intended in part ot prevent that significant bite in China's trade balance, and keep the CNY in China?

Wouldn't think of that. Thanks for the explanation.
camolist
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February 22, 2015, 03:30:41 AM

I see this as a calm before the "storm" that I guess march (and maybe april) is gonna be. It's gonna be fun seeing what happens.
Edit: and the price is creeping upwards! Hooray!

Please delete your account

ouch  Shocked
ChartBuddy
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February 22, 2015, 03:59:33 AM

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BlackSpidy
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February 22, 2015, 04:03:08 AM

Delete it!? But it's brand new!
Nah, I'll keep this account going for a while.
coinableS
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February 22, 2015, 04:04:14 AM

I see this as a calm before the "storm" that I guess march (and maybe april) is gonna be. It's gonna be fun seeing what happens.
Edit: and the price is creeping upwards! Hooray!

Please delete your account

What a pleasure it is to have your quality posts on this board  Roll Eyes
DieJohnny
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February 22, 2015, 04:09:12 AM

We are 18 months from halving, when will we start to see the halving bubble start to build???

I am thinking it is a year out.... languish around 300 for another 12 months....
gkv9
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February 22, 2015, 04:20:59 AM

I see this as a calm before the "storm" that I guess march (and maybe april) is gonna be. It's gonna be fun seeing what happens.
Edit: and the price is creeping upwards! Hooray!

Please delete your account

Never saw such type of comment...
Just curious, no offense, I would like to know that is it possible to delete our account here? I can't see such option... Tongue
Chef Ramsay
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February 22, 2015, 04:26:11 AM

We are 18 months from halving, when will we start to see the halving bubble start to build???

I am thinking it is a year out.... languish around 300 for another 12 months....
That kind of sideways after this long barf market will end up in a violent and parabolic bull market of epic proportions. Even at this stage of the game, things could get nasty real fast but the longer it goes - holy s h i yeah(t).
DaRude
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February 22, 2015, 04:37:21 AM

We are 18 months from halving, when will we start to see the halving bubble start to build???

I am thinking it is a year out.... languish around 300 for another 12 months....

Not soon enough. 18months is an eternity in BTC world. Probably not till 3-4months before the halving.
12345mm
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February 22, 2015, 04:53:29 AM

re: dissent on bitcoin quiet for a few pages ... why bother constantly reminding you bunch of fanatics that bitcoin has been in a death spiral downwards for over a year ever since karpeles used a billion non existent dollars to falsely manipulate the price to the highs we saw while robbing the planet of 650,000 bitcoin ? or remind you of any of the other dozens of intentional exchange thefts ? of any of the other obvious extremely bad aspects of what bitcoin fundamentally is or has become ? you greedy and desperate fuckwits just cry bullish bullish bullish blah blah blah good buying opportunity to the moon oooo look at this line it says buy now etc etc etc ad-nausea-um even to the point of constantly making new threads in a fairly obvious concerted attempt to bury negative posts regardless of what anyone says and regardless of facts in front of your faces meanwhile actively encouraging people to ignore anyone who doesn't also praise bitcoin like it's the fucking messiah and a bunch of you have presumably actually put everyone else on ignore who doesn't praise bitcoin like you do ... those of us with our heads not firmly up our assess only have so much energy and time to expend trying to inform people of your lies and delusions ... i know i'm sick of it ...
Brewins
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February 22, 2015, 04:56:29 AM

I see this as a calm before the "storm" that I guess march (and maybe april) is gonna be. It's gonna be fun seeing what happens.
Edit: and the price is creeping upwards! Hooray!

Please delete your account

Will you delete your account if 170 was the bottom and we reach a new ATH?
marcus_of_augustus
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February 22, 2015, 04:57:24 AM

I can hear the rumble of the halving drumbeat chant like distant thunder building ... put your ear to the ground.
ChartBuddy
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February 22, 2015, 05:00:41 AM

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DaRude
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February 22, 2015, 05:02:35 AM

re: dissent on bitcoin quiet for a few pages ... why bother constantly reminding you bunch of fanatics that bitcoin has been in a death spiral downwards for over a year ever since karpeles used a billion non existent dollars to falsely manipulate the price to the highs we saw while robbing the planet of 650,000 bitcoin ? or remind you of any of the other dozens of intentional exchange thefts ? of any of the other obvious extremely bad aspects of what bitcoin fundamentally is or has become ? you greedy and desperate fuckwits just cry bullish bullish bullish blah blah blah good buying opportunity to the moon oooo look at this line it says buy now etc etc etc ad-nausea-um even to the point of constantly making new threads in a fairly obvious concerted attempt to bury negative posts regardless of what anyone says and regardless of facts in front of your faces meanwhile actively encouraging people to ignore anyone who doesn't also praise bitcoin like it's the fucking messiah and a bunch of you have presumably actually put everyone else on ignore who doesn't praise bitcoin like you do ... those of us with our heads not firmly up our assess only have so much energy and time to expend trying to inform people of your lies and delusions ... i know i'm sick of it ...


From signature
Coinbase Is THE Place to Buy Your Bitcoins! https://coinbase.com/?r=528a0de17f383142df00040c&utm_campaign=user-referral&src=referral-link Sign Up For Cryptsy! Trade Alts! https://www.cryptsy.com/users/register?refid=15696
BTC:   1Mrr2cPbZc4nmV236AS31vdCP24J9TbJpo   LTC:   LV5UoExrVxU3ddrCKCMZ2Wx5odbkUf7JhT
I Like Free Magic Internet Money! Smiley My Cryptsy Trade Key: ad89bb4885a1f92eb7efd5db30412676673ded0e

Ohh the irony. How did you get away from my ignore list? You funny i like that
octaft
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February 22, 2015, 05:15:49 AM

What is up with all the signature whoring, anyway?
12345mm
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February 22, 2015, 05:21:11 AM

re: dissent on bitcoin quiet for a few pages ... why bother constantly reminding you bunch of fanatics that bitcoin has been in a death spiral downwards for over a year ever since karpeles used a billion non existent dollars to falsely manipulate the price to the highs we saw while robbing the planet of 650,000 bitcoin ? or remind you of any of the other dozens of intentional exchange thefts ? of any of the other obvious extremely bad aspects of what bitcoin fundamentally is or has become ? you greedy and desperate fuckwits just cry bullish bullish bullish blah blah blah good buying opportunity to the moon oooo look at this line it says buy now etc etc etc ad-nausea-um even to the point of constantly making new threads in a fairly obvious concerted attempt to bury negative posts regardless of what anyone says and regardless of facts in front of your faces meanwhile actively encouraging people to ignore anyone who doesn't also praise bitcoin like it's the fucking messiah and a bunch of you have presumably actually put everyone else on ignore who doesn't praise bitcoin like you do ... those of us with our heads not firmly up our assess only have so much energy and time to expend trying to inform people of your lies and delusions ... i know i'm sick of it ...


From signature
Coinbase Is THE Place to Buy Your Bitcoins! https://coinbase.com/?r=528a0de17f383142df00040c&utm_campaign=user-referral&src=referral-link Sign Up For Cryptsy! Trade Alts! https://www.cryptsy.com/users/register?refid=15696
BTC:   1Mrr2cPbZc4nmV236AS31vdCP24J9TbJpo   LTC:   LV5UoExrVxU3ddrCKCMZ2Wx5odbkUf7JhT
I Like Free Magic Internet Money! Smiley My Cryptsy Trade Key: ad89bb4885a1f92eb7efd5db30412676673ded0e

Ohh the irony. How did you get away from my ignore list? You funny i like that

*disclaimer
i have made thousands of dollars with bitcoin and do hold bitcoin in the double digits today and actively trade it - my signature i haven't bothered to change in well over a year ... probably i should ... huh ?
BitChick
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February 22, 2015, 05:42:16 AM

We are 18 months from halving, when will we start to see the halving bubble start to build???

I am thinking it is a year out.... languish around 300 for another 12 months....
That kind of sideways after this long barf market will end up in a violent and parabolic bull market of epic proportions. Even at this stage of the game, things could get nasty real fast but the longer it goes - holy s h i yeah(t).

Some of us do not think of a "parabolic bull market of epic proportions" as "nasty" but rather a dream come true. Wink

I can only hope.  But at this point I have resolved myself to having at least enough patience to get to next summer.

I am thankful we have the halving to look forward too, regardless of all the other things that affect the price.  Half the supply of Bitcoin being available at that point is something that cannot be manipulated at least.
Searing
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February 22, 2015, 05:56:09 AM

re: dissent on bitcoin quiet for a few pages ... why bother constantly reminding you bunch of fanatics that bitcoin has been in a death spiral downwards for over a year ever since karpeles used a billion non existent dollars to falsely manipulate the price to the highs we saw while robbing the planet of 650,000 bitcoin ? or remind you of any of the other dozens of intentional exchange thefts ? of any of the other obvious extremely bad aspects of what bitcoin fundamentally is or has become ? you greedy and desperate fuckwits just cry bullish bullish bullish blah blah blah good buying opportunity to the moon oooo look at this line it says buy now etc etc etc ad-nausea-um even to the point of constantly making new threads in a fairly obvious concerted attempt to bury negative posts regardless of what anyone says and regardless of facts in front of your faces meanwhile actively encouraging people to ignore anyone who doesn't also praise bitcoin like it's the fucking messiah and a bunch of you have presumably actually put everyone else on ignore who doesn't praise bitcoin like you do ... those of us with our heads not firmly up our assess only have so much energy and time to expend trying to inform people of your lies and delusions ... i know i'm sick of it ...

you sure seem awful upset on our so called 'bad choices' with bitcoin ..hmmmm.....do you also spam the PAYCOIN forums...and the AMWAY websites as well...pointing out their
lapses?   I think not ....imho you are wound a bit tight on the bitcoin question of win/fail ...in that if you are incorrect in your assumptions above....well....it would be even worse
for you mentally imho if you are trying to warn off bitcoin ...if you were to be incorrect and it was to work out well in the end....a far fall from your position that we are all guite
mad in our pursuit and/or holding of bitcoin.......just a little too much drama here.....you seem be a little too emotionally involved in your "guess' of bitcoin's failure imho
and as for helpfulness imho the paycoin thread on here needs your warnings more (now that scam i can see a person getting a bit wound up about!)

again not that i know zip I look at bitcoin as  a 'speculative bet' ..if you talk to some of those big venture capitalilsts types....that bet startup money on the next big thing
on info/hunch/research or whatever...the best you will get on such a 'speculative hunch' is about 50/50 odds....the key here is this is 'speculation' it is not a normal investment
where you should have the 'expectation' of a normal return on your $$$$

so me I look at it like this you have 2) pieces of land......for sale......the airport is gonna be built on one piece of land and not the other ..you sorta/kinda have to buy because if you win
you will do well..you pick wrong and you lose it all

so again .....place your speculative bet accordingly...and only what you can afford.....and death spiral or not...ranting the people are idiots (which you could well be right about) on bitcoin is not gonna get you anyplace and may just give you a stroke hyping about it...from the above post you likely are already suffering stroke like symptoms in one arm already....

myself ...got in mining. 2013..that particular miner is now a doorstop after 14 months ...one large miner to go  running it to a doorstop ....sitting watching otherwise...and any $$$ into btc/alts in the future will befigured accordingly to the risk/reward....but 'shot my wad' i'm comfortable with on this bet so to speak....now just a sitting back and watching....

boom/bust I've made my bet with what I can afford and am 'holding' (wtf got to have some stories when they put me in the nursing home..assuming i make it that long right?)

anyway my 2c worth

DaRude
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February 22, 2015, 05:58:37 AM

re: dissent on bitcoin quiet for a few pages ... why bother constantly reminding you bunch of fanatics that bitcoin has been in a death spiral downwards for over a year ever since karpeles used a billion non existent dollars to falsely manipulate the price to the highs we saw while robbing the planet of 650,000 bitcoin ? or remind you of any of the other dozens of intentional exchange thefts ? of any of the other obvious extremely bad aspects of what bitcoin fundamentally is or has become ? you greedy and desperate fuckwits just cry bullish bullish bullish blah blah blah good buying opportunity to the moon oooo look at this line it says buy now etc etc etc ad-nausea-um even to the point of constantly making new threads in a fairly obvious concerted attempt to bury negative posts regardless of what anyone says and regardless of facts in front of your faces meanwhile actively encouraging people to ignore anyone who doesn't also praise bitcoin like it's the fucking messiah and a bunch of you have presumably actually put everyone else on ignore who doesn't praise bitcoin like you do ... those of us with our heads not firmly up our assess only have so much energy and time to expend trying to inform people of your lies and delusions ... i know i'm sick of it ...


From signature
Coinbase Is THE Place to Buy Your Bitcoins! https://coinbase.com/?r=528a0de17f383142df00040c&utm_campaign=user-referral&src=referral-link Sign Up For Cryptsy! Trade Alts! https://www.cryptsy.com/users/register?refid=15696
BTC:   1Mrr2cPbZc4nmV236AS31vdCP24J9TbJpo   LTC:   LV5UoExrVxU3ddrCKCMZ2Wx5odbkUf7JhT
I Like Free Magic Internet Money! Smiley My Cryptsy Trade Key: ad89bb4885a1f92eb7efd5db30412676673ded0e

Ohh the irony. How did you get away from my ignore list? You funny i like that

*disclaimer
i have made thousands of dollars with bitcoin and do hold bitcoin in the double digits today and actively trade it - my signature i haven't bothered to change in well over a year ... probably i should ... huh ?

Nah keep it, your trolling is not as fun without parallel subliminal support of BTC  Grin
ChartBuddy
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February 22, 2015, 06:00:23 AM

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