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

[BitChick]

Startled at the stillness broken, by a crash so rudely woken,
"Doubtless", said I, "news should matter of the overstock and stores;
call upon a Wall Street master, stop the unmerciful disaster,
it's falling fast and falling faster..." till the charts one burden bore,
"Monday morrow he will fail us... as he has failed us before."
And withdrawals? "Nevermore."

And the Karpeles, never flitting, still is sitting, still is sitting
On the blue ball of plastic just above the wooden floor;
And his eyes have all the seeming of a demon's that is dreaming,
And the lamp-light o'er him streaming throws his bitcoins on the floor;
And my coins from out that shadow that lies floating on the floor
Shall be lifted--nevermore!

I know this thread is not about the walls or the trading but since when did we switch from trains and buts to poetry?

Poetry is an improvement over trains and butts.  No complaints here.

[Mota]

Startled at the stillness broken, by a crash so rudely woken,
"Doubtless", said I, "news should matter of the overstock and stores;
call upon a Wall Street master, stop the unmerciful disaster,
it's falling fast and falling faster..." till the charts one burden bore,
"Monday morrow he will fail us... as he has failed us before."
And withdrawals? "Nevermore."

And the Karpeles, never flitting, still is sitting, still is sitting
On the blue ball of plastic just above the wooden floor;
And his eyes have all the seeming of a demon's that is dreaming,
And the lamp-light o'er him streaming throws his bitcoins on the floor;
And my coins from out that shadow that lies floating on the floor
Shall be lifted--nevermore!

I know this thread is not about the walls or the trading but since when did we switch from trains and buts to poetry?

Both of you sirs, take my like.

[niothor]

Startled at the stillness broken, by a crash so rudely woken,
"Doubtless", said I, "news should matter of the overstock and stores;
call upon a Wall Street master, stop the unmerciful disaster,
it's falling fast and falling faster..." till the charts one burden bore,
"Monday morrow he will fail us... as he has failed us before."
And withdrawals? "Nevermore."

And the Karpeles, never flitting, still is sitting, still is sitting
On the blue ball of plastic just above the wooden floor;
And his eyes have all the seeming of a demon's that is dreaming,
And the lamp-light o'er him streaming throws his bitcoins on the floor;
And my coins from out that shadow that lies floating on the floor
Shall be lifted--nevermore!

I know this thread is not about the walls or the trading but since when did we switch from trains and buts to poetry?

Poetry is an improvement over trains and butts.  No complaints here.

I'm not that drunk to argue with a lady )))

[EuroTrash]

2011 all over again.

buy, guys. buy. I'm telling you.

Would you think that it will play more like 2011 than 2013 this time?

[niothor]

2011 all over again.

buy, guys. buy. I'm telling you.

Would you think that it will play more like 2011 than 2013 this time?

People , stop writing encoded messages!!! You're talking about the hack and the ddos episodes?

[ErisDiscordia]

I know this thread is not about the walls or the trading but since when did we switch from trains and buts to poetry?

an infinite amount of monkeys typing on typewriters for a long enough period of time and all that...

Actually, there is a lot of mental capacity concentrated on this forum, sometimes it shines through in random places in between the regular wall observer stuff - it's what keeps me wasting my time here.

[oda.krell]

Most people do not realize that it is their fault for letting Bitcoin cultists deceive them with their kool aid but they will instead say that Mark Karpeles is at fault, exactly! It is human nature.

It is not Bitcoin that is at fault though. Would you suggest those who were victims of Madhoff blame dollar enthusiasts?

I am talking about the fact that Bitcoin halved in value. Bitcoin is not at fault, but the cultists (oblivious to ANY probable bottlenecks!) here and on r/Bitcoin have played their part in inflating the bubble as hard as they can in the first place.

Blitz , you're starting to talk about those "cultist" like Actor_Tom_Truong is talking about the Illuminati )))))

Blitz would simply just like a world where he gets to decide at what rate the price of bitcoin will grow.   He would like to adjust it to his world view of what is healthy. And if he could just get the Bitcoin Foundation to work on aspects of the blockchain that Blitz feels like they should pay more attention to, that would be great by Blitz too. If only the entire bitcoin space operated exactly like Blitz thinks it should, then Blitz would be happy and wouldn't be our resident (non) moderating curmudgeon.

Blitz, my apologies, I totes love you, in an almost non-homoerotic way but I have to say this:

This is the funniest shit I've read in here for a long time.

Spot. Fucking. On.

(except for the "non moderating". He's doing a good job, imo)

[niothor]

I know this thread is not about the walls or the trading but since when did we switch from trains and buts to poetry?

an infinite amount of monkeys typing on typewriters for a long enough period of time and all that...

Actually, there is a lot of mental capacity concentrated on this forum, sometimes it shines through in random places in between the regular wall observer stuff - it's what keeps me wasting my time here.

I agree with the amount of mental capacity concentrated on this thread , but something is bad with the outputs.

[johnwhitestar]

I definitively like your way of thinking (read also some of your other post using your profile :-))
 

You are a genius!!!!

better to be lucky than smart

[Nemo1024]

Next difficulty:
Estimated Next Difficulty:   3,130,529,329 (+19.42%)
Adjust time:   After 22 Blocks, About 2.9 hours

Price will need to go up, else mining is dead also with ASICS...

Do I see myself turning off my miners even if the price halves? No. They are already paid for, I don't mind the heat (especially during winter), and the electricity bill is paid from my day-job salary.

As for the larger picture, mining is a self-balancing system. When will people understand it? If enough miners turn off their gear, the difficulty will gradually go down.

[niothor]

Most people do not realize that it is their fault for letting Bitcoin cultists deceive them with their kool aid but they will instead say that Mark Karpeles is at fault, exactly! It is human nature.

It is not Bitcoin that is at fault though. Would you suggest those who were victims of Madhoff blame dollar enthusiasts?

I am talking about the fact that Bitcoin halved in value. Bitcoin is not at fault, but the cultists (oblivious to ANY probable bottlenecks!) here and on r/Bitcoin have played their part in inflating the bubble as hard as they can in the first place.

Blitz , you're starting to talk about those "cultist" like Actor_Tom_Truong is talking about the Illuminati )))))

Blitz would simply just like a world where he gets to decide at what rate the price of bitcoin will grow.   He would like to adjust it to his world view of what is healthy. And if he could just get the Bitcoin Foundation to work on aspects of the blockchain that Blitz feels like they should pay more attention to, that would be great by Blitz too. If only the entire bitcoin space operated exactly like Blitz thinks it should, then Blitz would be happy and wouldn't be our resident (non) moderating curmudgeon.

Blitz, my apologies, I totes love you, in an almost non-homoerotic way but I have to say this:

This is the funniest shit I've read in here for a long time.

Spot. Fucking. On.

(except for the "non moderating". He's doing a good job, imo)

Blitz is a good guy , I've grown to understand that lots of his posts weren't the usual bear FUD posted by fonzie and co.
He was right about many things that have gone wrong with bitcoin , and he was wrong about a few also , just like any other around here.

[niothor]

Next difficulty:
Estimated Next Difficulty:   3,130,529,329 (+19.42%)
Adjust time:   After 22 Blocks, About 2.9 hours

Price will need to go up, else mining is dead also with ASICS...

Do I see myself turning off my miners even if the price halves? No. They are already paid for, I don't mind the heat (especially during winter), and the electricity bill is paid from my day-job salary.

As for the larger picture, mining is a self-balancing system. When will people understand it? If enough miners turn off their gear, the difficulty will gradually go down.

The reward will be bigger than the cost of running the latest ASICs even if we're going further down.
And mining will be dead when the last cpu miner quits. (I have inside sources that confirmed me Satoshi is still cpu solo mining).

[delphic]

[oda.krell]

Most people do not realize that it is their fault for letting Bitcoin cultists deceive them with their kool aid but they will instead say that Mark Karpeles is at fault, exactly! It is human nature.

It is not Bitcoin that is at fault though. Would you suggest those who were victims of Madhoff blame dollar enthusiasts?

I am talking about the fact that Bitcoin halved in value. Bitcoin is not at fault, but the cultists (oblivious to ANY probable bottlenecks!) here and on r/Bitcoin have played their part in inflating the bubble as hard as they can in the first place.

Blitz , you're starting to talk about those "cultist" like Actor_Tom_Truong is talking about the Illuminati )))))

Blitz would simply just like a world where he gets to decide at what rate the price of bitcoin will grow.   He would like to adjust it to his world view of what is healthy. And if he could just get the Bitcoin Foundation to work on aspects of the blockchain that Blitz feels like they should pay more attention to, that would be great by Blitz too. If only the entire bitcoin space operated exactly like Blitz thinks it should, then Blitz would be happy and wouldn't be our resident (non) moderating curmudgeon.

Blitz, my apologies, I totes love you, in an almost non-homoerotic way but I have to say this:

This is the funniest shit I've read in here for a long time.

Spot. Fucking. On.

(except for the "non moderating". He's doing a good job, imo)

Blitz is a good guy , I've grown to understand that lots of his posts weren't the usual bear FUD posted by fonzie and co.
He was right about many things that have gone wrong with bitcoin , and he was wrong about a few also , just like any other around here.

Oh, Blitz is absolutely right about a lot of things. But he's also completely full of himself (like probably nearly everyone in here, including yours truly). That's why windjc's little spiel was so funny.

[ChartBuddy]

Explanation

[Nemo1024]

2011 all over again.

buy, guys. buy. I'm telling you.

Would you think that it will play more like 2011 than 2013 this time?

People , stop writing encoded messages!!! You're talking about the hack and the ddos episodes?

I think people wonder if we are in for a prolonged, slow and painful decline over the period of many months, before the next serious upward movement starts (as in 2011), as opposed to a short period of sideways before the next rocket (as in 2013).

[Miz4r]

There is some choochoo-ing going on, something's up?

[niothor]

Most people do not realize that it is their fault for letting Bitcoin cultists deceive them with their kool aid but they will instead say that Mark Karpeles is at fault, exactly! It is human nature.

It is not Bitcoin that is at fault though. Would you suggest those who were victims of Madhoff blame dollar enthusiasts?

I am talking about the fact that Bitcoin halved in value. Bitcoin is not at fault, but the cultists (oblivious to ANY probable bottlenecks!) here and on r/Bitcoin have played their part in inflating the bubble as hard as they can in the first place.

Blitz , you're starting to talk about those "cultist" like Actor_Tom_Truong is talking about the Illuminati )))))

Blitz would simply just like a world where he gets to decide at what rate the price of bitcoin will grow.   He would like to adjust it to his world view of what is healthy. And if he could just get the Bitcoin Foundation to work on aspects of the blockchain that Blitz feels like they should pay more attention to, that would be great by Blitz too. If only the entire bitcoin space operated exactly like Blitz thinks it should, then Blitz would be happy and wouldn't be our resident (non) moderating curmudgeon.

Blitz, my apologies, I totes love you, in an almost non-homoerotic way but I have to say this:

This is the funniest shit I've read in here for a long time.

Spot. Fucking. On.

(except for the "non moderating". He's doing a good job, imo)

Blitz is a good guy , I've grown to understand that lots of his posts weren't the usual bear FUD posted by fonzie and co.
He was right about many things that have gone wrong with bitcoin , and he was wrong about a few also , just like any other around here.

Oh, Blitz is absolutely right about a lot of things. But he's also completely full of himself (like probably nearly everyone in here, including yours truly). That's why windjc's little spiel was so funny.

That' why everybody should come here only full of beer.
Besides , if you watch this thread and trade based on what is written here , you're way better trading while drunk.

And yeah , windjc post was funny:)

[yrtrnc]

To da moon

[Odalv]

8:07 AM
Monday, February 17, 2014 (JST)
Time in Tokyo, Japan