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Question: When New ATH?
Apr. 11 - 2 (5.1%)
Apr. 12 - 4 (10.3%)
Apr. 13 - 4 (10.3%)
Apr. 14 - 5 (12.8%)
Apr. 15 - 4 (10.3%)
Apr. 16 - 1 (2.6%)
Apr. 17 - 4 (10.3%)
After Apr. 17 - 15 (38.5%)
Total Voters: 39

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25252848 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. (157 posts by 13 users deleted.)
billyjoeallen
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January 24, 2014, 10:26:59 AM
 #79101

What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over


copycat scammers and greedy opportunists always flock when they think there's easy money to be had. This is the price of success. They think we were just lucky. They will learn the hard way that is was courage in the face of extreme odds that got us here and we won't part with our rewards easily.
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manfred
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January 24, 2014, 10:36:47 AM
 #79102

What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over

People have simply discovered it's fun to purchase/use some BTC and start gambling in the altcoins. What's wrong with that? Don't you have any gambling spirit in you? You must have or you wouldn't be here. Tongue
The question is who is buying that rubbish and for what purpose. Is this JP Morgans and there brothers attempt to discredit quality coins and push all sorts of rubbish to new heights.
http://rt.com/usa/chase-ceo-bitcoin-terrible-downfall-100/
GreekGeek
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January 24, 2014, 10:37:22 AM
 #79103

What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over


This might lead to high volatility in the price of bitcoin

Imagine a few bubbles pop in the altcoins universe at the same time, everyone will rush to cash out their altcoins to bitcoins                    and then (maybe) to USD , leading eventually to the bitcoin/usd price to pop too


Don't know if the market cap of the altcoins can have a big effect in the BTC/USD price
 
billyjoeallen
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January 24, 2014, 10:46:34 AM
 #79104

What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over


This might lead to high volatility in the price of bitcoin

Imagine a few bubbles pop in the altcoins universe at the same time, everyone will rush to cash out their altcoins to bitcoins                    and then (maybe) to USD , leading eventually to the bitcoin/usd price to pop too


Don't know if the market cap of the altcoins can have a big effect in the BTC/USD price
 

If the gamblers are primarily buying altcoins with bitcoin, then I don't see how that's bad for Bitcoin. They couldn't hurt the price anymore than they helped it in the first place. It's not really any different than using bitcoin to gamble dice or poker. Later updates of the Bitcoin client might even adopt some of the good alt-coin ideas. It's when they bypass bitcoin and have altcoin-to-fiat exchanges that it could be a dangerous distraction. Money is the most marketable commodity. Like the Highlander said, "There can be only one." 
Searing
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January 24, 2014, 10:53:14 AM
 #79105

What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over

People have simply discovered it's fun to purchase/use some BTC and start gambling in the altcoins. What's wrong with that? Don't you have any gambling spirit in you? You must have or you wouldn't be here. Tongue
The question is who is buying that rubbish and for what purpose. Is this JP Morgans and there brothers attempt to discredit quality coins and push all sorts of rubbish to new heights.
http://rt.com/usa/chase-ceo-bitcoin-terrible-downfall-100/

hmmmm...chase ceo   (bank firm) says bitcoin is a scam.....hmmmm....why in the world would any one be surprised by that viewpoint from them?

decentralized power is always a problem to those who have centralized power  (just ask AT&T)
Miz4r
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January 24, 2014, 10:54:01 AM
 #79106

What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over

People have simply discovered it's fun to purchase/use some BTC and start gambling in the altcoins. What's wrong with that? Don't you have any gambling spirit in you? You must have or you wouldn't be here. Tongue
The question is who is buying that rubbish and for what purpose. Is this JP Morgans and there brothers attempt to discredit quality coins and push all sorts of rubbish to new heights.

Actually I bought some of those Mooncoins because I think the name is just too awesome not to buy some. Grin It's just for fun mainly, it's like playing poker for a bit of money. I also buy coins that have real potential, but those I don't play around with. I don't really think this is detrimental to Bitcoin, it actually creates a larger crypto community as a whole. Some entertainment is important too you know, it can't be serious business all the time if you want people to come and stay. Wink
kehtolo
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January 24, 2014, 10:58:46 AM
 #79107

What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over

People have simply discovered it's fun to purchase/use some BTC and start gambling in the altcoins. What's wrong with that? Don't you have any gambling spirit in you? You must have or you wouldn't be here. Tongue
The question is who is buying that rubbish and for what purpose. Is this JP Morgans and there brothers attempt to discredit quality coins and push all sorts of rubbish to new heights.
http://rt.com/usa/chase-ceo-bitcoin-terrible-downfall-100/

hmmmm...chase ceo   (bank firm) says bitcoin is a scam.....hmmmm....why in the world would any one be surprised by that viewpoint from them?

decentralized power is always a problem to those who have centralized power  (just ask AT&T)

Huh.. yeah exactly. I was reading this and my irlfriend came in and said 'Uh-oh.. what he's saying is bad for bitcoin'.. before i politely pointed out that he is from a bank (JP Morgan?) and if he's saying bitcoin = bad.. then this means the oppositte. This is exacly what i'd expect him to say.. and that whatever he says about bitcoin, then she can believe the opposite.
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January 24, 2014, 11:02:29 AM
 #79108

What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over

People have simply discovered it's fun to purchase/use some BTC and start gambling in the altcoins. What's wrong with that? Don't you have any gambling spirit in you? You must have or you wouldn't be here. Tongue
The question is who is buying that rubbish and for what purpose. Is this JP Morgans and there brothers attempt to discredit quality coins and push all sorts of rubbish to new heights.

Actually I bought some of those Mooncoins because I think the name is just too awesome not to buy some. Grin It's just for fun mainly, it's like playing poker for a bit of money. I also buy coins that have real potential, but those I don't play around with. I don't really think this is detrimental to Bitcoin, it actually creates a larger crypto community as a whole. Some entertainment is important too you know, it can't be serious business all the time if you want people to come and stay. Wink
Hi folks, this is my first post here. I've been following this thread for a while.

I don't think altcoins are a real threat to Bitcoin. If Bitcoins was so fragile, it wouldn't deserve to survive. Some of the sillier altcoins are a threat to the more serious altcoins, though, as they confuse the market.

The important altcoins are the ones that innovate on the Bitcoin idea; either the good ideas will be incorporated into Bitcoin eventually, or if not, the good altcoins will have a life of their own.

Also, I think altcoins divert some speculation away from bitcoin, which should help bitcoin's stability.
delphic
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January 24, 2014, 11:09:10 AM
 #79109

What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over

People have simply discovered it's fun to purchase/use some BTC and start gambling in the altcoins. What's wrong with that? Don't you have any gambling spirit in you? You must have or you wouldn't be here. Tongue
The question is who is buying that rubbish and for what purpose. Is this JP Morgans and there brothers attempt to discredit quality coins and push all sorts of rubbish to new heights.
http://rt.com/usa/chase-ceo-bitcoin-terrible-downfall-100/

hmmmm...chase ceo   (bank firm) says bitcoin is a scam.....hmmmm....why in the world would any one be surprised by that viewpoint from them?

decentralized power is always a problem to those who have centralized power  (just ask AT&T)

Huh.. yeah exactly. I was reading this and my irlfriend came in and said 'Uh-oh.. what he's saying is bad for bitcoin'.. before i politely pointed out that he is from a bank (JP Morgan?) and if he's saying bitcoin = bad.. then this means the oppositte. This is exacly what i'd expect him to say.. and that whatever he says about bitcoin, then she can believe the opposite.
"we have to make sure it does not become an avenue to funding illegal activity or to funding activities that have malign purposes" - Jamie Dimon

I agree with him. When it comes to funding illegal activity and funding activities that have malign purposes, JPMorgan doesn't want competition.
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January 24, 2014, 11:28:50 AM
 #79110

I´ve just read that google is also thinking about bitcoin as payment method. But its not official.

Google are not thinking about using Bitcoin as a payment method, they're just looking at it.

http://thenextweb.com/google/2014/01/23/despite-claims-reddit-suggesting-otherwise-google-says-current-plans-regarding-bitcoin/

Tell Google what you want regarding Bitcoin here, 1000's of others already have :

https://www.google.com/moderator/#16/e=20e106

fonzie
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January 24, 2014, 11:33:24 AM
Last edit: January 24, 2014, 11:43:34 AM by fonzie
 #79111

That 1w Macd is looking real scary btw. Shocked

350 BTC ask @785$ on Stamp, things are gettin serious Cheesy Grin

Grab your cheap coins ; Roll Eyes Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
DPoS
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January 24, 2014, 11:42:14 AM
 #79112

irlfriend

is that girlfriend or in-real-life friend?

either way many people around here have neither
Jren
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January 24, 2014, 11:50:10 AM
 #79113

irlfriend

is that girlfriend or in-real-life friend?

either way many people around here have neither

i could get 0.5 btc for both. Seemed like a good deal to me Grin
gizmoh
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January 24, 2014, 11:50:30 AM
 #79114

Hey Willy can you bug and start dumping 25 btc every 25 secs, that would be nice Cheesy
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January 24, 2014, 11:52:53 AM
 #79115

Hey Willy can you bug and start dumping 25 btc every 25 secs, that would be nice Cheesy

 Cheesy Cheesy Cheesy Cheesy Cheesy
GreekGeek
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January 24, 2014, 11:57:43 AM
 #79116

Hey Willy can you bug and start dumping 25 btc every 25 secs, that would be nice Cheesy

 Cheesy Cheesy Cheesy Cheesy Cheesy

+1
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January 24, 2014, 12:03:09 PM
 #79117


Explanation
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January 24, 2014, 12:33:15 PM
 #79118

Got a feeling that things are only just getting warmed up for the weekend !!!
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January 24, 2014, 12:40:17 PM
 #79119

I´ve just read that google is also thinking about bitcoin as payment method. But its not official.

Google are not thinking about using Bitcoin as a payment method, they're just looking at it.

http://thenextweb.com/google/2014/01/23/despite-claims-reddit-suggesting-otherwise-google-says-current-plans-regarding-bitcoin/

Tell Google what you want regarding Bitcoin here, 1000's of others already have :

https://www.google.com/moderator/#16/e=20e106



They don't want to incorporate btc because they are workng on their own version of it - they recently applied for a patent which failed. Think about it, google copy every good idea, they have unlimited funds and googlecoin fits into their world domination ethos perfectly.
kwest
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January 24, 2014, 12:43:05 PM
 #79120

I have a deja vu feeling from last Friday. If I have somehow ended up in a Groundhog Day time loop, I would expect yet another weekend rally.
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