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

[ElectricMucus]

I heard today Casascius has the Fincen breathing down on him??

Can anyone confirm?

http://www.coindesk.com/us-regulators-bitcoin-mint-casascius-shut/

Well fuck. That's retarded.

owned.

[Voodah]

Don't do it guys.

It's ostentatious a la WallStreet. I can live off of 1 BTC for two or three months down here in Argentina.

Don't throw 50 away ! It makes me cringe..

They have ridiculous amounts of money, and the money won't be destroyed here, it would just change hands.

I don't know man... it sure reminds me of the phone talks of Enron's traders (someone posted the documentary here yesterday, thanks btw!).

I'm pretty sure that's not the path our new BTC rich should take.

[Vycid]

Don't do it guys.

It's ostentatious a la WallStreet. I can live off of 1 BTC for two or three months down here in Argentina.

Don't throw 50 away ! It makes me cringe..

They have ridiculous amounts of money, and the money won't be destroyed here, it would just change hands.

I don't know man... it sure reminds me of the phone talks of Enron's traders (someone posted the documentary here yesterday, thanks btw!).

I'm pretty sure that's not the path our new BTC rich should take.

What?

Enron was cooking the books, this is a friendly wager.

[rpietila]

$200 is easy as fuck, but i still dont get what this has to do with the claim btc WILL go down 50%

(good that I didnt close this yet)

If you are willing to bet on the low point of BTC, I can do that also.

Do you pay me 2 to 1 in USD that Bitcoin will visit $450 in either Gox/Bitstamp in 3 months?

You lose, I get $50k.
I lose, you get $25k.

I will do it at 1 to 1 odds at your date  February 13th 24:00 UTC,  

Since you made the claim I think it is silly to give you odds. I will do $50,000 or $25,000.

Hack, and roll backs or other crazy stuff we need to rule out. Govt making BTC illegal or whatever and price crashes would be fine. But like errors on the charts, would not count.

This is cool?

Ah, a little bit too far from what I was thinking, and too tired to make a counterproposal. Let's check tomorrow if we still have a cockfight

[Hfertig]

I have a special kind of mind, it is quite simple, but it can calculate monetary probabilities very well. Somebody else may choke on his numbers, or shortcircuit and SHOUT that it is impossible to predict anything with certainty. Sure it is. Still some people win in poker and others don't.

All I can say is online poker is illegal in my US state. Bitcoin Daytrading is not.  

WTF ? Online Poker illegal ? I never heard of that one....

[ablewasiereisawelba]

$200 is easy as fuck, but i still dont get what this has to do with the claim btc WILL go down 50%

(good that I didnt close this yet)

If you are willing to bet on the low point of BTC, I can do that also.

Do you pay me 2 to 1 in USD that Bitcoin will visit $450 in either Gox/Bitstamp in 3 months?

You lose, I get $50k.
I lose, you get $25k.

I will do it at 1 to 1 odds at your date  February 13th 24:00 UTC,  

Since you made the claim I think it is silly to give you odds. I will do $50,000 or $25,000.

Hack, and roll backs or other crazy stuff we need to rule out. Govt making BTC illegal or whatever and price crashes would be fine. But like errors on the charts, would not count.

This is cool?

Ah, a little bit too far from what I was thinking, and too tired to make a counterproposal. Let's check tomorrow if we still have a cockfight

So despite all of your talk about how bitcoin is overbought and will go down 50%... you believe the chances of it dropping in half are less than 50%...

[rpietila]

$200 is easy as fuck, but i still dont get what this has to do with the claim btc WILL go down 50%

(good that I didnt close this yet)

If you are willing to bet on the low point of BTC, I can do that also.

Do you pay me 2 to 1 in USD that Bitcoin will visit $450 in either Gox/Bitstamp in 3 months?

You lose, I get $50k.
I lose, you get $25k.

I will do it at 1 to 1 odds at your date  February 13th 24:00 UTC,  

Since you made the claim I think it is silly to give you odds. I will do $50,000 or $25,000.

Hack, and roll backs or other crazy stuff we need to rule out. Govt making BTC illegal or whatever and price crashes would be fine. But like errors on the charts, would not count.

This is cool?

Ah, a little bit too far from what I was thinking, and too tired to make a counterproposal. Let's check tomorrow if we still have a cockfight

You made the claim today, if you don't want to back it up today that is fine. There will be no bet tomorrow.

Thanks

Fine.

[600watt]

Don't do it guys.

It's ostentatious a la WallStreet. I can live off of 1 BTC for two or three months down here in Argentina.

Don't throw 50 away ! It makes me cringe..

They have ridiculous amounts of money, and the money won't be destroyed here, it would just change hands.

I don't know man... it sure reminds me of the phone talks of Enron's traders (someone posted the documentary here yesterday, thanks btw!).

I'm pretty sure that's not the path our new BTC rich should take.

that is just some free entertainment from nice guys. i love it.
if you are holding/selling bitcoins you are betting with much more than they do (relatively)

i guess that is what the waring about others having posted already is all about...   

[Voodah]

Don't do it guys.

It's ostentatious a la WallStreet. I can live off of 1 BTC for two or three months down here in Argentina.

Don't throw 50 away ! It makes me cringe..

They have ridiculous amounts of money, and the money won't be destroyed here, it would just change hands.

I don't know man... it sure reminds me of the phone talks of Enron's traders (someone posted the documentary here yesterday, thanks btw!).

I'm pretty sure that's not the path our new BTC rich should take.

What?

Enron was cooking the books, this is a friendly wager.

Lol. They were doing a lot more than cooking the books. I guess you did not watch that documentary.

Their traders were gambling on every possible thing you can imagine. They went as far as making the weather a tradeable commodity, can you even believe that??

[Vycid]

$200 is easy as fuck, but i still dont get what this has to do with the claim btc WILL go down 50%

(good that I didnt close this yet)

If you are willing to bet on the low point of BTC, I can do that also.

Do you pay me 2 to 1 in USD that Bitcoin will visit $450 in either Gox/Bitstamp in 3 months?

You lose, I get $50k.
I lose, you get $25k.

I will do it at 1 to 1 odds at your date  February 13th 24:00 UTC,  

Since you made the claim I think it is silly to give you odds. I will do $50,000 or $25,000.

Hack, and roll backs or other crazy stuff we need to rule out. Govt making BTC illegal or whatever and price crashes would be fine. But like errors on the charts, would not count.

This is cool?

Ah, a little bit too far from what I was thinking, and too tired to make a counterproposal. Let's check tomorrow if we still have a cockfight

You made the claim today, if you don't want to back it up today that is fine. There will be no bet tomorrow.

Thanks

Fine.

This just in: rpietila is full of shit, doesn't believe in his Excel trends any more than anyone else does.

More at 7.

[rpietila]

So despite all of your talk about how bitcoin is overbought and will go down 50%... you believe the chances of it dropping in half are less than 50%...

Just one more time - ALL "my" financial transactions are hedged so no matter what contract I enter into, it does not change my net position from where I want it to be. The intent of "bets" is to find +EV deals and have fun (my offers have been really good for Goat, but his was -EV for me). This allows me to bet with huge amounts, because it is all calculated and hedged.

Once I made 2 bets both ending in the same date, one was for "bitcoin hits $1,000 before DATE" and the other was "bitcoin does not hit $5,000 before DATE". I already won one, and will probably win the other also. In any case, I could not lose by having these 2 bets but I could win them both.

[QuestionAuthority]

Wow, talk about full of shit!

[byronbb]

Don't do it guys.

It's ostentatious a la WallStreet. I can live off of 1 BTC for two or three months down here in Argentina.

Don't throw 50 away ! It makes me cringe..

You a gringo ex-pat or native of the country? I have been contemplating an eventual escape somewhere cheaper....Thailand, Argentina being front-runners.

[gandhibt]

china will go thru 5500 soon, they already punctured it and now they are oversold

Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK?  

well no, that wall wasn't that big you can talk, but i don't think you have what it takes to walk the talk

ofc this is a good thing because you don't deserve your coins bitcoin shows that it works, spreading your coins to wiser folk

[rpietila]

china will go thru 5500 soon, they already punctured it and now they are oversold

Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK?  

well no, that wall wasn't that big you can talk, but i don't think you have what it takes to walk the talk

ofc this is a good thing because you don't deserve your coins bitcoin shows that it works, spreading your coins to wiser folk

You are a bad loser, talking nonsense when you should be really ashamed.

[Voodah]

Don't do it guys.

It's ostentatious a la WallStreet. I can live off of 1 BTC for two or three months down here in Argentina.

Don't throw 50 away ! It makes me cringe..

You a gringo ex-pat or native of the country? I have been contemplating an eventual escape somewhere cheaper....Thailand, Argentina being front-runners.

Native.

You will live as a king here.

We have the luxury of european cities, and the finest women & wine in the world.

Insecurity and financial mayhem are certainties though. Being in BTC you're hedged of at least one of those.

EDIT: And the MEAT. Best meat in the world.

[dgarcia]

Cho Cho!

Edit:

Oh Sorry, wrong picture.

[Voodah]

Don't do it guys.

It's ostentatious a la WallStreet. I can live off of 1 BTC for two or three months down here in Argentina.

Don't throw 50 away ! It makes me cringe..

You a gringo ex-pat or native of the country? I have been contemplating an eventual escape somewhere cheaper....Thailand, Argentina being front-runners.

Native.

You will live as a king here.

We have the luxury of european cities, and the finest women & wine in the world.

Insecurity and financial mayhem are certainties though. Being in BTC you're hedged of at least one of those.

EDIT: And the MEAT. Best meat in the world.

If I go there for a visit will you show me around?

Only if we buy a Lambo and we then cruise around town throwing Casascius coins out the windows 

But seriously, of course !

Do visit, you'll love it.

Ask any the big btc names, they were all here last week on the first South American conference (full packed place btw).

[Voodah]

Sure thing ! I'm going out now but def hit me with a PM if you wanna know more !

I'm in the center of Buenos Aires, our capital.

[Rampion]

china will go thru 5500 soon, they already punctured it and now they are oversold

Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK?  

If you want to prove that just sign a message with an address holding 10k and put that signed message in your signature - no need for nobody to "acknowledge", that would be a hard cold proof.

That's pure non spoofable crypto, heart and soul of Bitcoin.