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

[Pompobit]

I cannot trust a rally in a market where people can't get the USD out.

Except for April, never has the price been more fake and artificial than right now.

That seems so simple and evident to me.

Why is the sentiment so bullish? Did I miss some big piece of news?

I hope some big news is happening soon, and maybe the buyer whale/s already know/s it

[1714222987]

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[S3052]

I cannot trust a rally in a market where people can't get the USD out.

Except for April, never has the price been more fake and artificial than right now.

That seems so simple and evident to me.

Why is the sentiment so bullish? Did I miss some big piece of news?

I hope some big news is happening soon, and maybe the buyer whale/s already know/s it

one thing that many people are not aware of or do not want to accept is that technical analysis =chart patterns = price is a leading indicator

This means that the news will follow prices, apart from very short term news spikes.

We anticipated well the rally we are seeing now because an important trend line has been broken to the upside .

[humanitee]

I cannot trust a rally in a market where people can't get the USD out.

Except for April, never has the price been more fake and artificial than right now.

That seems so simple and evident to me.

Why is the sentiment so bullish? Did I miss some big piece of news?

I hope some big news is happening soon, and maybe the buyer whale/s already know/s it

one thing that many people are not aware of or do not want to accept is that technical analysis =chart patterns = price is a leading indicator

This means that the news will follow prices, apart from very short term news spikes.

We anticipated well the rally we are seeing now because an important trend line has been broken to the upside .

Finally the price is high enough that I can get the word out about my trillion dollar Bitcoin casino!

[Richy_T]

I get the feeling we are still at the Mosaic Browser stage (analogy to the early days of the internet) and not even at Netscape, but getting much closer.

Mosaic was the early days of the web. If you want to talk Internet, it goes back a lot further than that.

[KeyserSoze]

Oh well, then it's okay of course. I mean, isn't that the textbook definition of tolerance -- "not getting worked up about all kind of shit, except of course the stuff you really disagree with."

Even before our current "age of information" it has been a known quantity that astrology and all of these psychic games of foreknowledge, including all religion, are just wholesale invention grown on top of ignorance. It does become tough to tolerate when one sees a person over the age of 12 being tricked into believing, spending money on, and putting resources into such fraud.

When passing a 3-card monte table on the street in New York a few people will gather and watch as the scam unfolds. A couple will participate. Eventually someone calls the cops. This person who calls the cops doesn't do it because they can't "tolerate a card game." They understand it is a con and doing something to help prevent idiots from losing money, and maybe to help stop a little bit of danger in the world.

When you're 8, Bigfoot is intriguing, Loch Ness Monster is a possibility and maybe you wonder if you might find an actual Genie in a bottle. Once you grow up, if you still believe in reading chicken entrails, or that a magical undead sky wizard created you, other folks may not be as tolerant of it for the same reasons as the street monte game. Ignorance and zealotry for "mysterious forces" are detrimental to the progression of mankind.
http://youtu.be/N7rR8stuQfk

It's one thing to sit in here and tolerate speculation on the mysterious forces affecting the price of bitcoin -- we signed up for that when we entered the Speculation area, more specifically this Wall Tracker thread. It's another to have to tolerate ignorant religious propaganda and/or endless fraudulent psychic promotion. Please start your own "I Don't Understand Everything About The Universe Yet Therefore Gawd Musta Dun It Tracker" thread or "Mysterious Psychic Stuff That 'Man May Never Fully Understand,' So It Must Be Magically Real" thread.

[ChartBuddy]

[molecular]

I cannot trust a rally in a market where people can't get the USD out.

Except for April, never has the price been more fake and artificial than right now.

That seems so simple and evident to me.

Why is the sentiment so bullish? Did I miss some big piece of news?

I hope some big news is happening soon, and maybe the buyer whale/s already know/s it

one thing that many people are not aware of or do not want to accept is that technical analysis =chart patterns = price is a leading indicator

This means that the news will follow prices, apart from very short term news spikes.

We anticipated well the rally we are seeing now because an important trend line has been broken to the upside .

Are you saying the trendline would not have been broken without inisider trading? I can't make sense of your last sentence... does it even have anything to do with the former 2 about price leading news?

[molecular]

I get the feeling we are still at the Mosaic Browser stage (analogy to the early days of the internet) and not even at Netscape, but getting much closer.

Mosaic was the early days of the web. If you want to talk Internet, it goes back a lot further than that.

we're still using fidonet. A netmail would take days.

[ChartBuddy]

[molecular]

People have been asking me for well over 1 million worth of BTC over the last 2 weeks and that never happens. Some people are paying 10% over gox.

You mean people are asking you to sell BTC for bank T/T on PM here? 1 Mill$ in the last two weeks?
Why would anybody buy OTC so to not influence the price and then offer a spread which makes it lucrative to just sell to him and buy at an exchange at the same time?

Crazy indeed.

Many people have been asking for a lot of coin. Not all offered to pay over gox rate but one guy did at 3000 coins.

I did not ask why but there is demand otc.

Also not one person tried to sell to me.

Has there been increased buzz about the possible implementation of capital controls?

http://www.wired.co.uk/news/archive/2013-07/29/bitcoin-illegal-in-thailand

Chaang Noi, you're in Thailand currently?

[Voodah]

People have been asking me for well over 1 million worth of BTC over the last 2 weeks and that never happens. Some people are paying 10% over gox.

You mean people are asking you to sell BTC for bank T/T on PM here? 1 Mill$ in the last two weeks?
Why would anybody buy OTC so to not influence the price and then offer a spread which makes it lucrative to just sell to him and buy at an exchange at the same time?

Crazy indeed.

Many people have been asking for a lot of coin. Not all offered to pay over gox rate but one guy did at 3000 coins.

I did not ask why but there is demand otc.

Also not one person tried to sell to me.

This is amazingly insightful, encouraging and worrying at the same time.

Goes to show that even after all possible TA, big players and powers from the shadows are playing a whole different game. We're just trailing the money here...
 

[adamstgBit]

i have received a rather large box addressed to "Mr.Bitcoin" 

price will rise sharply soon!

[N12]

i have received a rather large box addressed to "Mr.Bitcoin" 

price will rise sharply soon!

How many business days is it now to 180?

[adamstgBit]

i have received a rather large box addressed to "Mr.Bitcoin"  

price will rise sharply soon!

How many business days is it now to 180?

IDK, but just the speculation around what is in the mystery box addressed to "Mr.Bitcoin" should push us to 120!

[Walsoraj]

I'm experiencing difficulties pushing the price over 300$. Some help plz?

[oda.krell]

[...]

Even before our current "age of information" it has been a known quantity that astrology and all of these psychic games of foreknowledge, including all religion, are just wholesale invention grown on top of ignorance. It does become tough to tolerate when one sees a person over the age of 12 being tricked into believing, spending money on, and putting resources into such fraud.

When passing a 3-card monte table on the street in New York a few people will gather and watch as the scam unfolds. A couple will participate. Eventually someone calls the cops. This person who calls the cops doesn't do it because they can't "tolerate a card game." They understand it is a con and doing something to help prevent idiots from losing money, and maybe to help stop a little bit of danger in the world.

When you're 8, Bigfoot is intriguing, Loch Ness Monster is a possibility and maybe you wonder if you might find an actual Genie in a bottle. Once you grow up, if you still believe in reading chicken entrails, or that a magical undead sky wizard created you, other folks may not be as tolerant of it for the same reasons as the street monte game. Ignorance and zealotry for "mysterious forces" are detrimental to the progression of mankind.
http://youtu.be/N7rR8stuQfk

It's one thing to sit in here and tolerate speculation on the mysterious forces affecting the price of bitcoin -- we signed up for that when we entered the Speculation area, more specifically this Wall Tracker thread. It's another to have to tolerate ignorant religious propaganda and/or endless fraudulent psychic promotion. Please start your own "I Don't Understand Everything About The Universe Yet Therefore Gawd Musta Dun It Tracker" thread or "Mysterious Psychic Stuff That 'Man May Never Fully Understand,' So It Must Be Magically Real" thread.

You are proselytizing, not unlike the people you despise so much.

There is a simple test for what you should, no, must tolerate: does it cause quantifiable harm to you or others? If yes, the demand for tolerance doesn't apply. If not, tolerate it.

I already anticipate your answer: But why yes, oda, of course religion causes substantial harm to humanity, and has been doing so for ages!.

The answer to that claim is of course: no, it does not, or at least not universally.

If you would live in, say, Afghanistan and you were a woman being deprived of basic rights, based on religious grounds, you can chose to fight your fight against religions.

If it were your goal to change the above situation in Afghanistan, as an outsider, you would be justified to do so.

But since you most likely live in the kind of circumstances that most of us do ("Western" society, in practice mostly secular, with some vestiges of religious morals still in place), you have no right to be intolerant of those who practice religion, or any other kind of non-empirical belief system, within the bounds of that society. The harm you perceive is too immaterial for you to inflict the amount of harm you do when you chose not to tolerate their beliefs and practices.

Please note that the above does not infringe on your right of freedom of expression: you are very much free to argue (publically) that, for the betterment of the human kind, the influence of religion should decrease even further. But the underlying stance in that discussion has to be that of tolerating the opposing side's views and practices -- something that is very clearly not the case when you (not you, personally) write that religious people would ideally be deported to an island.

[Kazu]

How about we all just recognize this isn't a religious thread and is instead a Bitcoin thread, and thus don't bring up religion? I'm sure there is some place on this forum where you can talk about religion if you want to. I don't particularly care if you are religions or not, but thats completely off-topic, even by this thread's standards.

[idee2013]

How about we all just recognize this isn't a religious thread and is instead a Bitcoin thread, and thus don't bring up religion? I'm sure there is some place on this forum where you can talk about religion if you want to. I don't particularly care if you are religions or not, but thats completely off-topic, even by this thread's standards.

+1

[vokain]

Hey Anthony,
 
We’re launching in a friends and family beta this week, and we hope to open up our platform to international users by the end of the month. Where are you based out of?
 
Best,
 
Jaron Lukasiewicz
CEO | Coinsetter

[Frozenlock]

And now even buying BTCs might not be a way to get out of MtGox. 

https://bitcointalk.org/index.php?topic=264300.0

Alex Support, Jul 30 00:31 (JST):
Hello,

Thank you for contacting us. Sorry for the inconvenience happen, On time being we have an technical issue on btc withdrawal that appearing on block chain, by the same our developer team is working on it for fixing-up. mean-while please let us know if your transaction got processed.

Best regards,

Mt.Gox Team
https://www.mtgox.com