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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370602 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.)
600watt
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November 26, 2013, 12:04:50 AM
 #49861



i guess the investment pro´s had a hard time figuring out what this fkn "k" stands for  Cheesy
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lucas.sev
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November 26, 2013, 12:08:57 AM
 #49862

London goes to bed. No idea what I'm going to wake up to. Personal bets: Above 900 perhaps with 980 high or 810-340.
Spaceman_Spiff
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November 26, 2013, 12:11:57 AM
 #49863

Yet I have to see the big drop to 300-500 that so many oldtimers here seem to be expecting
With so many expecting it, it may never happen.
many are also expecting a rise
And so we continue to do nothing....
Haven't we done enough? Cheesy
I think so yes.  Very healthy that we take a breather here. I don't expect it to last until the end of the week though... 
kurious
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November 26, 2013, 12:18:39 AM
 #49864

MAssive front page story on the Guardian site:http://www.theguardian.com/technology/2013/nov/25/is-bitcoin-about-to-change-the-world-peer-to-peer-cryptocurrency-virtual-wallet?commentpage=1

Play BTCbingo:
ponzi/volatile/crash/satoshi/drugs/guns/winkelvoss/tulips

Then leave a comment and straighten these guys out Cheesy

Your link is f'ked. It's got ftp at the front.

The article and BTC got a pasting - I left this :


There are some remarkable bright and astute people who are watching and at the very least, taking an interest in Bitcoin.

At the US senate hearings concerning digital currencies last week, the US senate and various US security and crime departments refused to condemn it and were relatively positive about this being a possible future benefit to the world, offering new ways of storing wealth and transacting for goods and services.

It is not a Ponzi scheme and involves some of the finest technological minds on the planet working at making it better all the time.

Money itself is illusory and is printed by governments on a whim, so it stands up as arguably more solid than regular currencies as it has a finite supply and is a very secure and traceable (if not transaction reversible) form of value exchange.

It is impossible to send a £10 note over the internet, but you can send a bitcoin. Not a promise of one like with banking, but it actually transfers from one holder to another.

If you think that the internet will not have its own currency, ok - go ahead and don't even think about digital ways of value exchange, it does not take too much imagination to see it makes sense there should be ways that are better than the ones offered by banks we have.

If you do think this might evolve new systems more suited to our lives, with a way of cheaply transferring real value to each other in minutes, around the globe, into any currency system - with extremely low costs... well, why not stop, think and maybe research a little.

I did and I am an economist and yes, I do have Bitcoins - not too many, but a few - I personally think this is a game changing technological advance.

If Twitter can sell shares with no profit ever made, for billions of dollars - why dismiss a technology that is not merely 'an app' but a whole new exchange system?

Sneer if you wish, but it makes no sense not to be well informed before you comment.
 
I have made my mind up that this (or something like it) may well be the future of transactions and, yep - I am in.

Remember the first time someone explained e-mail to you?
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November 26, 2013, 12:21:38 AM
 #49865

http://media.coindesk.com/2013/11/Source-Bloomberg.png

i guess the investment pro´s had a hard time figuring out what this fkn "k" stands for  Cheesy

That's hilarious  Cheesy
jojo69
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November 26, 2013, 12:22:10 AM
 #49866

this is just complete nonsense.

and you were expecting...what exactly?

some "sense"?

tldr  bitcoin
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November 26, 2013, 12:22:31 AM
 #49867

I panicked a little earlier and have a sale of 0.44 BTC for 223.08 GBP pending on localbitcoins, fortunately the seller hasn't responded yet, I'm pleading for him to cancel ! I hope he does but hes under no obligation to do so. I was planning on buying back in at a lower price, thinking we might see the $600s again. The stability of the past 3 or 4 days has been making me really edgy for some reason though I'm very confident Bitcoin will go into quadruple digits next year but at the moment I think it's too soon. I'm imagining a lot of sell offs before christmas but at this rate who knows!

Well if this is the general sentiment it just means that we are going up and fast.


There really isn't enough merchants accepting Bitcoin yet, I know its still very early days in the grand scheme of things but you would of thought we would be hearing many more big companies getting on board given all the media attention recently.

Also a big sell-off just before we hit $1000 again is guaranteed in my opinion, especially if its a slow gradual build up. If there is a lot of pace behind it then I'm sure those looking to sell would hold off and see where it goes.

Yeah.  Websites don't take any time to change at all.  Especially when it comes to getting the money right.  Especially a new payment system that is completely different.

They should have just snapped their fingers and waved their magic wand and taken bitcoins already.
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November 26, 2013, 12:22:50 AM
 #49868

I wish these idiots would stop announcing Bitcoin to everyone - they probably aren't even buying just talking shizzle. In the meantime they are helping to drive the price up by getting more buffoons into Bitcoin while those of us who really believe in the true purpose and potential can't afford to buy as many coins.
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November 26, 2013, 12:23:36 AM
 #49869

One person can move the market much more than 10%

Who?  Satoshi?
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November 26, 2013, 12:23:42 AM
 #49870



Some pretty huge futures volume (for icbit.se @ $10 a contract). March contracts are trading $500 over gox spot and when I looked last week it was just over double.
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November 26, 2013, 12:24:46 AM
 #49871

If these whales hold the price up they can keep a larger percentage of the average person from buying more coins.
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November 26, 2013, 12:25:03 AM
 #49872

Yet I have to see the big drop to 300-500 that so many oldtimers here seem to be expecting.


With so many expecting it, it may never happen.

I would spend money I don't have in the $400s.
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November 26, 2013, 12:28:43 AM
 #49873

If these whales hold the price up they can keep a larger percentage of the average person from buying more coins.

The longer they try, the harder it will fall.  They need to just let the market run it's course.  I think Bitcoin is too well supported to see another April style crash.  A little correction is good for Bitcoin though.
600watt
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November 26, 2013, 12:30:18 AM
 #49874

I wish these idiots would stop announcing Bitcoin to everyone - they probably aren't even buying just talking shizzle. In the meantime they are helping to drive the price up by getting more buffoons into Bitcoin while those of us who really believe in the true purpose and potential can't afford to buy as many coins.

man, you should have just bought more earlier...  Wink

 
JimboToronto
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November 26, 2013, 12:30:52 AM
 #49875

If these whales hold the price up they can keep a larger percentage of the average person from buying more coins.

The average person can still buy lots of satoshis.

When bitcoins are worth $100,000 each, a mere $850 for 100M satoshis will seem as ridiculously cheap as the ten cent bitcoins of 2010.
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November 26, 2013, 12:32:13 AM
 #49876

A little correction is good for Bitcoin though.

Yep. We had it last week.
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November 26, 2013, 12:34:54 AM
 #49877

http://media.coindesk.com/2013/11/Source-Bloomberg.png

i guess the investment pro´s had a hard time figuring out what this fkn "k" stands for  Cheesy

That's hilarious  Cheesy

It even says: "outliers removed from graph". Bitcoin's an outlier of ever there was one! Tongue
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November 26, 2013, 12:35:29 AM
 #49878

I wish these idiots would stop announcing Bitcoin to everyone - they probably aren't even buying just talking shizzle. In the meantime they are helping to drive the price up by getting more buffoons into Bitcoin while those of us who really believe in the true purpose and potential can't afford to buy as many coins.

I you really believed you would have bought them when they were cheap before the "shizzle."
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November 26, 2013, 12:36:07 AM
 #49879

Just a thought. Thanksgiving is coming. In millions of homes all over the country, distant relatives will be gathered together and are going to turn to the family nerd and ask "So what's all this Bitcoin thing about then".

4 digits by December?
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November 26, 2013, 12:36:33 AM
 #49880

If these whales hold the price up they can keep a larger percentage of the average person from buying more coins.

The longer they try, the harder it will fall.  They need to just let the market run it's course.  I think Bitcoin is too well supported to see another April style crash.  A little correction is good for Bitcoin though.

You mean it's good for you and your profits. Wink
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