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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 26368505 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.)
ChartBuddy
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July 23, 2013, 07:01:31 AM
 #24961

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July 23, 2013, 08:01:44 AM
 #24962

ChartBuddy
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July 23, 2013, 09:01:41 AM
 #24963

4mherewego
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July 23, 2013, 09:18:59 AM
 #24964

$93k says we are gonna stay above 93
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July 23, 2013, 09:25:02 AM
 #24965

$93k says we are gonna stay above 93
and another 1000 @93.7

ok, now 1600 as he removed 93 wall.
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coins...coins...as far as you can see


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July 23, 2013, 09:25:53 AM
 #24966

Price is going up!
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July 23, 2013, 09:26:07 AM
 #24967

someone is laughing at single digit believers. And me too Wink
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July 23, 2013, 09:28:34 AM
 #24968

93.8, I like this new guy. Probably just change for him, he just adds one digit as he feels like it. Probably bored that the bots keeps minraising him. $94.5 will happen soon!
BitPirate
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July 23, 2013, 09:29:23 AM
 #24969

someone is laughing at single digit believers. And me too Wink

BTC velocity would have to drastically increase for single digits to be viable at this stage, IMO. At single digits, the available BTC wouldn't store enough value to be able to support payments. This is the reason you can effectively ignore the single digit argument -- Bitcoin would have to completely fail as a payment medium, or all the speculators would have to go away, in order for us to get there.

tutkarz
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July 23, 2013, 09:36:12 AM
 #24970

someone is laughing at single digit believers. And me too Wink

BTC velocity would have to drastically increase for single digits to be viable at this stage, IMO. At single digits, the available BTC wouldn't store enough value to be able to support payments. This is the reason you can effectively ignore the single digit argument -- Bitcoin would have to completely fail as a payment medium, or all the speculators would have to go away, in order for us to get there.



i know, but its good you said this because people tend to froget about this or maybe still don't understand.
I wonder also how long it would be for double digits to be gone for good. Maybe it's not that far away considering new and new entities starting to accept bitcoin each day.
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July 23, 2013, 09:45:04 AM
 #24971

someone is laughing at single digit believers. And me too Wink

BTC velocity would have to drastically increase for single digits to be viable at this stage, IMO. At single digits, the available BTC wouldn't store enough value to be able to support payments. This is the reason you can effectively ignore the single digit argument -- Bitcoin would have to completely fail as a payment medium, or all the speculators would have to go away, in order for us to get there.



i know, but its good you said this because people tend to froget about this or maybe still don't understand.
I wonder also how long it would be for double digits to be gone for good. Maybe it's not that far away considering new and new entities starting to accept bitcoin each day.

:-)

It's also why the $10K valuations aren't as ridiculous as they sound -- try plugging in, say, 10% of visa volume into the equation :-) Of course we have a Tx limit to deal with first though...

My missus (economist) was initially convinced BTC would fail simply because there aren't enough of them...  Grin
4mherewego
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July 23, 2013, 09:49:10 AM
 #24972

When I see the 1k and 600 wall moving around I try to imagine what that guy is thinking. Obviously he is really rich, and he also don't really understand what he is doing. It's nice to know that one loaded guy is starting to get interested in bitcoins. After playing around, reading around and trying to convince his friend, who knows what crazy ideas he might get and might buy for much much more than 1600BTC...
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July 23, 2013, 09:57:18 AM
 #24973

When I see the 1k and 600 wall moving around I try to imagine what that guy is thinking. Obviously he is really rich, and he also don't really understand what he is doing. It's nice to know that one loaded guy is starting to get interested in bitcoins. After playing around, reading around and trying to convince his friend, who knows what crazy ideas he might get and might buy for much much more than 1600BTC...

first whale who will get in earn the most ...
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July 23, 2013, 10:01:54 AM
 #24974

Traktion
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July 23, 2013, 10:32:26 AM
 #24975

someone is laughing at single digit believers. And me too Wink

BTC velocity would have to drastically increase for single digits to be viable at this stage, IMO. At single digits, the available BTC wouldn't store enough value to be able to support payments. This is the reason you can effectively ignore the single digit argument -- Bitcoin would have to completely fail as a payment medium, or all the speculators would have to go away, in order for us to get there.



i know, but its good you said this because people tend to froget about this or maybe still don't understand.
I wonder also how long it would be for double digits to be gone for good. Maybe it's not that far away considering new and new entities starting to accept bitcoin each day.

:-)

It's also why the $10K valuations aren't as ridiculous as they sound -- try plugging in, say, 10% of visa volume into the equation :-) Of course we have a Tx limit to deal with first though...

My missus (economist) was initially convinced BTC would fail simply because there aren't enough of them...  Grin

I don't think any short/medium term bears would argue with that bullish position in the long term. The question is whether this bubble with fully correct before increased adoption begins to push up the price again.
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July 23, 2013, 10:35:33 AM
 #24976

Has anyone noticed how little volatility there is at Bitstamp compared to MtGox at the moment?

Bitstamp:



MtGox:




P.S. It looks like BitStamp just took a mini nose dive...
phoenix1
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July 23, 2013, 10:38:21 AM
 #24977

Has anyone noticed how little volatility there is at Bitstamp compared to MtGox at the moment?

Bitstamp:

P.S. It looks like BitStamp just took a mini nose dive...

Zoom in and look at the price action of the last 24hrs ... there has been crazy behaviour on Bitstamp
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July 23, 2013, 11:01:43 AM
 #24978

wonkytonky
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July 23, 2013, 11:26:31 AM
 #24979

rally up guys.. so i can short higher :-)
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July 23, 2013, 12:01:42 PM
 #24980

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