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

[Rampion]

bitstamp ppl really want stop this...

Those are the US folks willing to cash out. Right now Gox is where the big money that wants in is - just watch the news, all the financial media quote the Gox price, and there is were the big boys go - to buy BTC, not Goxbux. On the contrary, the US guys that want out go to Bitstamp, there's no other choice apart from OTC.

When the $1k barrier is broken on Stamp all the hell will break loose.

What about Coinbase?

I thought there were limits at coinbase - can you sell 1,000 coins on Coinbase?

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[Nemesis]

bitstamp ppl really want stop this...

until new fiat money coming in......

lol

[miter_myles]

Coinbase:

Buy Price $985.20   Sell Price $983.04

[smiley123]

bitstamp ppl really want stop this...

Those are the US folks willing to cash out. Right now Gox is where the big money that wants in is - just watch the news, all the financial media quote the Gox price, and there is were the big boys go - to buy BTC, not Goxbux. On the contrary, the US guys that want out go to Bitstamp, there's no other choice apart from OTC.

When the $1k barrier is broken on Stamp all the hell will break loose.

What about Coinbase?

I thought there were limits at coinbase - can you sell 1,000 coins on Coinbase?

From coinbase you can buy or sell 50 coins a day with like 4-5 business days delay.  You can purchase 10 coins a week instant.

[Rampion]

bitstamp ppl really want stop this...

Those are the US folks willing to cash out. Right now Gox is where the big money that wants in is - just watch the news, all the financial media quote the Gox price, and there is were the big boys go - to buy BTC, not Goxbux. On the contrary, the US guys that want out go to Bitstamp, there's no other choice apart from OTC.

When the $1k barrier is broken on Stamp all the hell will break loose.

What about Coinbase?

I thought there were limits at coinbase - can you sell 1,000 coins on Coinbase?

From coinbase you can buy or sell 50 coins a day with like 4-5 business days delay.  You can purchase 10 coins a week instant.

So its not an option for "cashing out" for someone with a medium-sized chunk of coins. Do not forget that most of those "cashing out" now bought coins in the single or low double digits.

[Shak]

all in all 9.28 million $ to go on bitstamp  

someone wants to buy 9400 coins for below 1000?

[Richy_T]

I never said I would go "full fiat". I will never go full fiat, that's against my religion . But at 5 figures I could cash out 30-50% of my stash and never ever worry again about money, regardless of what happens after that.

You haven't been paying attention. The presses haven't stopped running.

Oh, goods & real estate? That's different (though still a bit of a bubble on the real estate).

[fred1111]

Real estate is todays gold for most people, ie a safe store of value. I Wonder if Bitcoin will change that

[oda.krell]

I always think he's gonna get run over.

I like your way of thinking.


Be easy on us with the gloating when the inevitable correction comes :D

[DougTanner]

There's an absolute media frenzy about the $1000.00 mark:

https://news.google.com/news/more?ncl=dubMs8TTal1U2TM0DP27laj-eyJEM

I don't remember it being quite so big at the $100.00 mark?

[seldon]

There's an absolute media frenzy about the $1000.00 mark:

https://news.google.com/news/more?ncl=dubMs8TTal1U2TM0DP27laj-eyJEM

I don't remember it being quite so big at the $100.00 mark?

Indeed! Personally I'm hoping for this public awareness to get new shops to accept btc rather then "just" more speculative money.

[zoinky]

So its not an option for "cashing out" for someone with a medium-sized chunk of coins. Do not forget that most of those "cashing out" now bought coins in the single or low double digits.

Hrmm I guess I never saw a need to sell more than 50 a day, but thats just me.  People with sizeable stashes aren't typically looking to fully cash out.

[Gabi]

This is bitcoin:

[ThatDGuy]

There's an absolute media frenzy about the $1000.00 mark:

https://news.google.com/news/more?ncl=dubMs8TTal1U2TM0DP27laj-eyJEM

I don't remember it being quite so big at the $100.00 mark?

Google Trends confirms your thought that the media frenzy is higher than $100 - and I think in a few days we'll see a better representation of the relative scope, since they wouldn't have all of the numbers for today yet, much less the rest of today.

$1,000 is a big, big, big, big deal.

http://www.google.com/trends/explore?q=bitcoin#q=bitcoin&cmpt=q

[DougTanner]

There's an absolute media frenzy about the $1000.00 mark:

https://news.google.com/news/more?ncl=dubMs8TTal1U2TM0DP27laj-eyJEM

I don't remember it being quite so big at the $100.00 mark?

Google Trends confirms your thought that the media frenzy is higher than $100 - and I think in a few days we'll see a better representation of the relative scope, since they wouldn't have all of the numbers for today yet, much less the rest of today.

$1,000 is a big, big, big, big deal.

http://www.google.com/trends/explore?q=bitcoin#q=bitcoin&cmpt=q

Google trends only has data upto Sunday so far.

[DougTanner]

There's an absolute media frenzy about the $1000.00 mark:

https://news.google.com/news/more?ncl=dubMs8TTal1U2TM0DP27laj-eyJEM

I don't remember it being quite so big at the $100.00 mark?

Indeed! Personally I'm hoping for this public awareness to get new shops to accept btc rather then "just" more speculative money.

There's got to be someway we can funnel this $1000.00 publicity into hype for Bitcoin Black Friday.

[ChartBuddy]

[Gabi]

Breaking news on CNN.  Bitcoin breaks $1000.

http://money.cnn.com/?hpt=sitenav

WTF http://money.cnn.com/2013/11/25/technology/bitcoin-silk-road/index.html?iid=HP_Highlight

"Bitcoin creator may have ties to Silk Road founder"

No more
http://money.cnn.com/2013/11/27/technology/bitcoin-silk-road/index.html?iid=HP_LN

After suggesting earlier this week that a link existed between the creators of Silk Road and Bitcoin, two Israeli computer researchers have retracted their report.

[ardana123]

Imagine if this goes on indefinitely. People just buying in like mad during every single little dip/correction. Continuous growth with constant new money coming in, marking this the investment of the century. Go mad.

[thoughtfan]

Currently fourth most popular article on BBC news!