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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 26371012 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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August 03, 2015, 03:02:15 PM

Coin
Explanation
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Dilla
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August 03, 2015, 03:26:18 PM

I don't really understand the need for developing so many alts other than pump and dump this early in the crypto game. Mainstream is just now getting behind Bitcoin and the blockchain, and starting to understand it. You're going to throw all new shit in their face, and expect them to turn away from all that VC money put into Bitcoin?
Jdj1727
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August 03, 2015, 03:27:59 PM

BTC creeping back up today.  Smiley
aztecminer
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August 03, 2015, 03:31:06 PM

I guess Mark needs some first class lawyers now.

Lets see if he dumps some coins ...  Smiley

Probably he had a lot of yens from his previous dump. I don't think he needs to dump more to pay lawyer fees.




how many coins does he have left locked away that are not going to be dumped back into the bitcoin system ??

Well 550000 are still missing.



this must be one those idiots who forgot their secret key. .. what is that ?? like 5% of all bitcoins possibly lost forever ?? just from one guy.. seems to be a problem here.
GaliX
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August 03, 2015, 03:38:28 PM

I guess Mark needs some first class lawyers now.

Lets see if he dumps some coins ...  Smiley

Probably he had a lot of yens from his previous dump. I don't think he needs to dump more to pay lawyer fees.




how many coins does he have left locked away that are not going to be dumped back into the bitcoin system ??

Well 550000 are still missing.



this must be one those idiots who forgot their secret key. .. what is that ?? like 5% of all bitcoins possibly lost forever ?? just from one guy.. seems to be a problem here.


I am pretty sure they are not lost ...

Nobody on this earth would be so dumb to lose the key to 550,000 BTC (it could be even 850,000...)
Not even Karpeles would be able to let this happen...
sAt0sHiFanClub
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August 03, 2015, 03:40:18 PM

like 5% of all bitcoins possibly lost forever ??

Be more like:



Seriously, but didnt they find 200,000 of them in another computer? (you know, the one that wedges the server room door open..)
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August 03, 2015, 03:49:58 PM




I am pretty sure they are not lost ...

Nobody on this earth would be so dumb to lose the key to 550,000 BTC (it could be even 850,000...)
Not even Karpeles would be able to let this happen...

have you not read the Reddit AMA? The guy was using one account for himself and customers money. He also let nobody else have access to the back end meaning if he fell under a bus, goodbye funds and btc. He also deployed and tested updates on the live system. Plus when he did the historical 424k transfer HE VNC'D INTO A LINUX MACHINE TO DO IT. Meaning he was keeping nearly 500k btc in one hot wallet and using a graphical interface to access it and you saying he couldn't of lost/misplaced/spent/had hacked the rest of the coins, say whaaaa?!
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August 03, 2015, 04:02:19 PM

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MilkyLep
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August 03, 2015, 04:29:30 PM

Damnit guys, nobody told me I need a perm to be a true Monerano!
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August 03, 2015, 04:45:18 PM

the trendline limits the priceaction. we need some more buy volume

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August 03, 2015, 04:57:30 PM

Good morning Bitcoinland.

Been on the sick list for a few days but I didn't seem to miss anything except maybe the usual trollfest when it temporarily dipped below $280.

No sign of the anticipated end-of-week crash that China was supposed to wreak upon us.

Business as usual.
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August 03, 2015, 05:02:15 PM

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noobtrader
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August 03, 2015, 05:46:05 PM

Good morning Bitcoinland.

Been on the sick list for a few days but I didn't seem to miss anything except maybe the usual trollfest when it temporarily dipped below $280.

No sign of the anticipated end-of-week crash that China was supposed to wreak upon us.

Business as usual.

get well soon, jimbo and dont forget to rest...

i almost think that price would have been testing 270 or something, but now it rises instead wow ?
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August 03, 2015, 05:46:53 PM

the trendline limits the priceaction. we need some more buy volume



Trendlines get broken frequently when market goes sideways into reaccumulation (or distribution). The important thing to watch for is whether supply gets absorbed inside of this range. One usually sees volume/volatility dry up when this happens as the lack of selling limits the actions of traders. Then price is free to move up.
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August 03, 2015, 05:47:32 PM

Good morning Bitcoinland.

Been on the sick list for a few days but I didn't seem to miss anything except maybe the usual trollfest when it temporarily dipped below $280.

No sign of the anticipated end-of-week crash that China was supposed to wreak upon us.

Business as usual.

It sure didn't. Even HSBC released better than expected figures in the middle of that storm. Maybe we are over rating their influence.

Ah well, onward and upward.
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August 03, 2015, 06:02:15 PM

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August 03, 2015, 06:27:48 PM

So, correct me if I'm wrong, but NY's Bitlicense goes into effect next Monday, 8/8/15? Is this accurate?
Any thoughts concerning which/what exchanges will be compliant and the possible market impact?
Just trying to wrap my head around what this means...
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August 03, 2015, 06:29:36 PM

So, correct me if I'm wrong, but NY's Bitlicense goes into effect next Monday, 8/8/15? Is this accurate?
Any thoughts concerning which/what exchanges will be compliant and the possible market impact?
Just trying to wrap my head around what this means...

There'll be lots of New Yorkers frozen out of their favourite joints. Poloniex is already informing them that they won't accept their business any more. It's a lot of money to lay out for one state especially when a lot of exchanges and businesses cover the whole globe.
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August 03, 2015, 07:02:15 PM

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August 03, 2015, 07:42:21 PM

I don't really understand the need for developing so many alts other than pump and dump this early in the crypto game. Mainstream is just now getting behind Bitcoin and the blockchain, and starting to understand it. You're going to throw all new shit in their face, and expect them to turn away from all that VC money put into Bitcoin?

developers need bitcoin too, and they get them from people that invest in pump and dump alts.

wealth redistribution
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