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

[macsga]

LOL! Who IS this guy anyway? He seems like a straw man to me...
http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

[freethink2013]

Farang! (not you goat, phil)

Even goat is a farang...why the hell would you be trying to say that in a disrespectful way?  You're the most nasty obnoxious (probably american) human i've come across.

So it's wrong for me to want an asian girl but not for goat? WOW double standards, who the hell made you the love police?

not one for understatements, are you phil? lol. You don't know me.

Why do you like being nasty? What was the whole point in it?

do me a favour and put me on ignore. you've a persecution complex. All I said was you were ferang. Hardly the insult of the century. If you think I'm the most nasty obnoxious person then good luck in the real world, precious.

--------------

And back to btc, I guess will bash around the 700 ceiling for a while and even if we rise above it we'll panic our way back down. We need a few goes above the ceiling then suddenly we accelerate towards 850 again!

[wachtwoord]

I hope all these "we will see a slow downtrend" predictions are a little more sophisticated and dont just come from looking at the last April bubble.

If you try to put the April crash on this one it shows $500 now is approximately equivalent to $100 then. Then it hovered around $100 for a few months and then shot up. Fitting these things on each other probably doesn't mean much and I'm not acting on it. But even if this were true $700 is only 40% above it. That's like buying at $140 this summer. What a gigantic mistake that proved to be.

I think whatever comes next will probably be surprising and unpredictable and I know a lot of people will claim they predicted it anyway.

[TERA]

I hope all these "we will see a slow downtrend" predictions are a little more sophisticated and dont just come from looking at the last April bubble.

Its happened after nearly every pullback - not just the last one.

[BitChick]

LOL! Who IS this guy anyway? He seems like a straw man to me...
http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.


pretty cool for btc.


also he more or less admitting to running silk road must mean his case is extremely weak.

Will this force the US government to wait longer to do anything with all of that BTC?  That could be good for Bitcoin's value too I would think.  The longer they wait to sell is less coin on the market.

[philip2000uk]

Farang! (not you goat, phil)

Even goat is a farang...why the hell would you be trying to say that in a disrespectful way?  You're the most nasty obnoxious (probably american) human i've come across.

So it's wrong for me to want an asian girl but not for goat? WOW double standards, who the hell made you the love police?

not one for understatements, are you phil? lol. You don't know me.

Why do you like being nasty? What was the whole point in it?

do me a favour and put me on ignore. you've a persecution complex. All I said was you were ferang. Hardly the insult of the century. If you think I'm the most nasty obnoxious person then good luck in the real world, precious.
You're so pretentious.  Why make such a note of saying i am one and that goat is not one when infact everyone outside of thailand is one?  You're also ignorant and a bully.

--------------

And back to btc, I guess will bash around the 700 ceiling for a while and even if we rise above it we'll panic our way back down. We need a few goes above the ceiling then suddenly we accelerate towards 850 again!

[macsga]

LOL! Who IS this guy anyway? He seems like a straw man to me...
http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.


pretty cool for btc.


also he more or less admitting to running silk road must mean his case is extremely weak.

Yes, I think it's good too. I don't believe that he's gonna get away with it though. Maybe he cut a deal with them. Who knows? We'll see at the trial.

[freethink2013]

LOL! Who IS this guy anyway? He seems like a straw man to me...
http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.


pretty cool for btc.


also he more or less admitting to running silk road must mean his case is extremely weak.

Will this force the US government to wait longer to do anything with all of that BTC?  That could be good for Bitcoin's value too I would think.  The longer they wait to sell is less coin on the market.

They cannot sell until after the court case. They can seize assets but they can't sell them off before it's proven they are criminal assets.

[TERA]

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation and games. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

[Rampion]

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

[esse83]

LOL! Who IS this guy anyway? He seems like a straw man to me...
http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.


pretty cool for btc.


also he more or less admitting to running silk road must mean his case is extremely weak.

http://www.forbes.com/pictures/mhl45efgek/ross-ulbricht-3/

Yeah, his case is not looking solid.

[granathus]

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

Yeah right.

[Rampion]

LOL! Who IS this guy anyway? He seems like a straw man to me...
http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.


pretty cool for btc.


also he more or less admitting to running silk road must mean his case is extremely weak.

http://www.forbes.com/pictures/mhl45efgek/ross-ulbricht-3/

Yeah, his case is not looking solid.

I guess he is at least trying to recoup some money to be able to pay for top dollar lawyers.

He will fail and Bitcoin will get stronger in the process.

[adamstgBit]

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

anything less then 10,000$  

[freethink2013]

I read some article earlier (probably that forbes one) but they've seized domains and intellectual property in the past so i don't see how bitcoin would be any different. Maybe it's just Ross wants to force the idea that bitcoin are a real store of value before he goes to jail for ages. Good on him.

[Rampion]

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

anything less then 10,000$  

Mmmmm... I was thinking on $100k?

[TERA]

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

I am not sure but wed find out when those coins are dumped and people have to put up real sums of money in order to support the price. Id like to see order books stacked up with giant walls on both sides like in the old gox days, and high volume. I still feel like were in sort of a low grade bubble (but not a hyper bubble) fueled by whales hoarding all the coins, and games with fake Chinese volume numbers and a perpetual motion machine involving bots and margin trading. Were way above the exponential trend too.

When people get scared about 1-3% of the coins entering the market causing mortal damage to the price then something is wrong.

[Peter R]

LOL! Who IS this guy anyway? He seems like a straw man to me...
http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.


pretty cool for btc.


also he more or less admitting to running silk road must mean his case is extremely weak.

Will this force the US government to wait longer to do anything with all of that BTC?  That could be good for Bitcoin's value too I would think.  The longer they wait to sell is less coin on the market.

Yup, 173k BTC will severely impact the market. I'm still hoping they fuck up and lose the private key or make a faulty transaction (although that's unlikely). I think DPR's chances of getting it back are very slim.

What if instead of losing the private key, they "lose" the private key?  The bitcoin experts helping them manage these coins must be tempted.  I'm sure they could craft up a plausibly-deniable reason that the transaction got sent to the wrong address.

The icing on the cake would be if the courts ruled in DPRs favour, and the FBI not only had to give him back his coins, but they had to re-buy 170,000 BTC on the open market to replace those that were "lost."  Yes, incredibly improbable, I know, but it's Christmas time, OK....

[pera]

next top 800
next bottom 300
consolidation @ 500

[esse83]

next top 800
next bottom 300
consolidation @ 500

next top 8000
next bottom 3000
consolidation @ 5000

Merry christmas