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

[notme]

Square/starbucks rumor? Do tell?

http://lmgtfy.com/?q=bitcoin+starbucks+square

[pera]

Square/starbucks rumor? Do tell?

http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

Is that the same guy who said back in May that he had some insider information about Amazon accepting btcs? why do you trust in new users without proves?

[ChartBuddy]

[jojo69]

HEY PERA, welcome back!

I was worried man, last I saw you were in that bunker just before the rocket hit it

[BitchicksHusband]

Square/starbucks rumor? Do tell?

http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

Is that the same guy who said back in May that he had some insider information about Amazon accepting btcs? why do you trust in new users without proves?

Well, in this case Richard Branson (of Virgin fame who announced that Virgin Galactic is taking bitcoins this week) is on the board at Square, which does the payment systems for Starbucks.  So the rumor has good reason to be true.

Jeff Bezos was not a bitcoin afficionado back when the Amazon rumors were around, so I didn't believe them, and they have proven to be false.

[freebird]

Square/starbucks rumor? Do tell?

http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

Is that the same guy who said back in May that he had some insider information about Amazon accepting btcs? why do you trust in new users without proves?

Well, in this case Richard Branson (of Virgin fame who announced that Virgin Galactic is taking bitcoins this week) is on the board at Square, which does the payment systems for Starbucks.  So the rumor has good reason to be true.

Awesome. 

I don't usually believe these kind of rumors, but this one does sound potentially more credible because of the Branson/Square connection. Anyone selling their coins right now might deeply regret it.

[CryptStorm]

Got my cheap coins-- looks like trend shifted. Hmmmm... 

[Richy_T]

The exponential trend line is a myth. Media awareness may grow at an exponential rate at first, but there is a "hype" effect that will cause it to eventually depart the exponential trajectory.

Meh, you can still be exponential, just with a different constant. On a log chart, that would show as a straight line with a steeper or shallower gradient than the previous straight line but still a straight line nonetheless.

It's true that there's nothing that says that we have to follow an exponential (particularly in the event of a collapse) but there are good reasons to expect that we would.

[byronbb]

btce requires $10 effective balance to chat in trollbox now haha. Priced out so many trolls.

[thetopham]

yeah so I bought at 819 and now this happens.... oh well printed out in paper wallet not going to touch until it doubles or triples!

[CryptStorm]

yeah so I bought at 819 and now this happens.... oh well printed out in paper wallet not going to touch until it doubles or triples!

You'll be back in the money soon. 

[windjc]

yeah so I bought at 819 and now this happens.... oh well printed out in paper wallet not going to touch until it doubles or triples!

Not a bad price. We may dip to $700, but we will be back over $819 in no longer than 4 days.

[ChartBuddy]

[accord01]

This is your final notice for the 8:00 train.  The 8:00 train will be leaving in 2 min.

[Richy_T]

yeah so I bought at 819 and now this happens.... oh well printed out in paper wallet not going to touch until it doubles or triples!

Not a bad price. We may dip to $700, but we will be back over $819 in no longer than 4 minutes.

FTFY

[Richy_T]

btce requires $10 effective balance to chat in trollbox now haha. Priced out so many trolls.

It probably won't be pocket money day until next Friday either.

[NO2squik]

This is your final notice for the 8:00 train.  The 8:00 train will be leaving in 2 min.

Someone just made a lot of 0.01 purchases. I think the price will have a correction soon.

[CryptStorm]

yeah so I bought at 819 and now this happens.... oh well printed out in paper wallet not going to touch until it doubles or triples!

Not a bad price. We may dip to $700, but we will be back over $819 in no longer than 4 minutes.

FTFY

Pow. Well done.

[User705]

Square/starbucks rumor? Do tell?

http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

Is that the same guy who said back in May that he had some insider information about Amazon accepting btcs? why do you trust in new users without proves?

Well, in this case Richard Branson (of Virgin fame who announced that Virgin Galactic is taking bitcoins this week) is on the board at Square, which does the payment systems for Starbucks.  So the rumor has good reason to be true.

Jeff Bezos was not a bitcoin afficionado back when the Amazon rumors were around, so I didn't believe them, and they have proven to be false.

This is a bit OT but are all these companies that are jumping on board actually planning to keep bitcoins or just insta sell them which will likely only add to the volatility.

[accord01]

This is your final notice for the 8:00 train.  The 8:00 train will be leaving in 2 min.

Someone just made a lot of 0.01 purchases. I think the price will have a correction soon.

how could .01 purchases drive the price up so much?  what exchange are you talking about?