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

[podyx]

The drop of the Dollar peg for the Yuan is an escalation in  the global currency wars where every country tries to export its way out of recession at the same time- which is of course impossible.  

What is notable is that the world economy is so screwed up by endless fiat money printing, neomercantilism and Keynesian economics that our wildly volatile experimental currency is being increasingly seen as a safe haven asset.

It wouldn't surprise me to be honest. Everything seems good and peaceful before the worst things are about to strike.

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[JimboToronto]

Good morning Bitcoinland.

Awfully quiet. Someone suggest a stimulant please. 

[JimboToronto]

is crypto done??

Wow, he's starting to change it up a little.

He is?

[billyjoeallen]

Why is Huobi offline?? the market was going WAY UP and then they went dead. I suspect somebody internally got caught in a losing trade and shut it down or somebody external got caught upside down with a big short and then launched a denial of service attack to save his ass.

[rebuilder]

Creating a new Bitcointalk account takes ~15 seconds (captcha) when bitcointalk's server is working right, but usually ~25 secs.
You should try it

So how have you not been IP banned yet?

[Suntouri]

When is the next fbi auction?

[billyjoeallen]

Why is Huobi offline?? the market was going WAY UP and then they went dead. I suspect somebody internally got caught in a losing trade and shut it down or somebody external got caught upside down with a big short and then launched a denial of service attack to save his ass.

their order book seems to be going nuts but I don't see any trades on btcwisdom.

[ChartBuddy]

Coin
Explanation

[bassclef]

Why is Huobi offline?? the market was going WAY UP and then they went dead. I suspect somebody internally got caught in a losing trade and shut it down or somebody external got caught upside down with a big short and then launched a denial of service attack to save his ass.

Who knows if that's the case here, but programmers and hackers with big egos thinking they can trade seems to be a significant part of the landscape.

[ChartBuddy]

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Explanation

[razibuzouzou]

Well, that's an interesting turn of events, on reddit : ThunderNetwork - A Lightning Network Implementation Working Now

[bassclef]

Since no one else is mentioning it, the DJIA crossed a significant technical milestone today to the downside.

Already down 250+ points.

http://www.marketwatch.com/story/dow-death-cross-is-a-bearish-omen-for-the-stock-market-2015-08-11

[ChartBuddy]

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Explanation

[fonsie]

Just speculating here, but it's best to update to BitcoinXT ASAP incase you haven't done it yet.

[ssmc2]

http://reason.com/blog/2015/08/11/augur-gambling-prediction-ethereum

[ChartBuddy]

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Explanation

[LFC_Bitcoin]

Just speculating here, but it's best to update to BitcoinXT ASAP incase you haven't done it yet.

Not yet, we need to wait for many, many more to switch. They have nowhere near a majority yet. I will when I see a far more significant number do so first. How do we even know that there won't be some kind of compromise that Core Developers agree to so there will be no need to any way?

[fonsie]

Just speculating here, but it's best to update to BitcoinXT ASAP incase you haven't done it yet.

Not yet, we need to wait for many, many more to switch. They have nowhere near a majority yet. I will when I see a far more significant number do so first. How do we even know that there won't be some kind of compromise that Core Developers agree to so there will be no need to any way?

If everybody thinks like that, nothing happens.

[ChartBuddy]

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Explanation

[eerygarden]

http://reason.com/blog/2015/08/11/augur-gambling-prediction-ethereum

That sounds OK. 1% juice that the software keeps to run itself. Will the software pay it's own bills or will someone be administering that?