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

[ChrisML]

I've seen many posts and threads about price speculations and hitting 5k per coin.

Now, to try and stay a little bit on-topic:

What are these speculations based on? Althought, I'd say hell yes to BTC being worth $5000,- per coin but I can't really see this happen.
And no, the reason why I can't see this happen is not about the drama caused by Gox.

Is anyone here able to clarify this?

[gizmoh]

We should see a spike in the next few hours. The charts are saying it. Only to about 580 though..

BOOM.. china week-end pump just started

[podyx]

[equipoise]

I've seen many posts and threads about price speculations and hitting 5k per coin.

Now, to try and stay a little bit on-topic:

What are these speculations based on? Althought, I'd say hell yes to BTC being worth $5000,- per coin but I can't really see this happen.
And no, the reason why I can't see this happen is not about the drama caused by Gox.

Is anyone here able to clarify this?

Potential value of one bitcoin: https://i.imgur.com/zh5ibyH.jpg

[yrtrnc]

We should see a spike in the next few hours. The charts are saying it. Only to about 580 though..

And off we go, to da MOON! 

[pinky]

We should see a spike in the next few hours. The charts are saying it. Only to about 580 though..

And off we go, to da MOON! 

With support of 1k wall.

[Hen0xyd]

Now, lets see how this ask wall reacts

[Patel]

Over a 1000 coins bought and a 1000 coin buy wall on bitstamp.

Choo choo?

nah not yet, I think we are still in a bear market for another week

[aminorex]

I've seen many posts and threads about price speculations and hitting 5k per coin.

Now, to try and stay a little bit on-topic:

What are these speculations based on? Althought, I'd say hell yes to BTC being worth $5000,- per coin but I can't really see this happen.
And no, the reason why I can't see this happen is not about the drama caused by Gox.

Is anyone here able to clarify this?

Potential value of one bitcoin: https://i.imgur.com/zh5ibyH.jpg

The are values derived from a single-source.  Any realistic scenario should ad-mix these sources.  Some sources are not additive, but multiplicative.

[Solarstorm75]

http://pastebin.com/LPm3jBG7


not sure if this has been seen yet

Fake!

There's a diff version: http://pastebin.com/diff.php?i=LPm3jBG7

[yrtrnc]

http://pastebin.com/LPm3jBG7


not sure if this has been seen yet

Whomever comes up with this stuff, they've got some imagination. Ill give em that.

[ChartBuddy]

Explanation

[ChrisML]

Choo choo.

On a sidenote:

I do have some kind of a business proposal. I'd like to get in contact with someone who knows his ways in webdesign etc. private message me if interested, and I'll get back to you.

[aminorex]

People often joke that "America has the worst form of government on the planet except for all the others." It ain't perfect.

And it certainly isn't better than all the others.  It has strengths and weaknesses in comparison to other large nation-states, and those are a matter of taste.  There are small nation-states which have systems which are vastly preferable to the U.S. system, in my opinion, but they are generally special cases.  Iceland is not too bad.  Norway is fairly tolerable.  I could almost stand Scotland.  Singapore is rather decent.  Chile, quite nice.  Conceivably Paraguay.  But then I've not lived there long enough to see the worst aspects, to judge how deeply they disturb me.

[yrtrnc]

And the wall is down.. PANIC!!

[Patel]

definitely not ccmf time yet

[yrtrnc]

http://pastebin.com/LPm3jBG7


not sure if this has been seen yet

Whomever comes up with this stuff, they've got some imagination. Ill give em that.

look at the second word of everything mark says.

I know, I was just listening to that!
http://youtu.be/dQw4w9WgXcQ

[knightcoin]

http://pastebin.com/LPm3jBG7


not sure if this has been seen yet

Fake!

There's a diff version: http://pastebin.com/diff.php?i=LPm3jBG7

BTCdiffBTC


off topic,
diff, reminds olds memories   ... libcrypt and debian squeeze

[yrtrnc]

People often joke that "America has the worst form of government on the planet except for all the others." It ain't perfect.

And it certainly isn't better than all the others.  It has strengths and weaknesses in comparison to other large nation-states, and those are a matter of taste.  There are small nation-states which have systems which are vastly preferable to the U.S. system, in my opinion, but they are generally special cases.  Iceland is not too bad.  Norway is fairly tolerable.  I could almost stand Scotland.  Singapore is rather decent.  Chile, quite nice.  Conceivably Paraguay.  But then I've not lived there long enough to see the worst aspects, to judge how deeply they disturb me.

We should get together and buy an island with bitcoins, call it Satoshi Island and have the currency as BTC of course, use the bitcoin protocol to vote trade etc.. and live happily ever after.

[zyk]

People often joke that "America has the worst form of government on the planet except for all the others." It ain't perfect.

And it certainly isn't better than all the others.  It has strengths and weaknesses in comparison to other large nation-states, and those are a matter of taste.  There are small nation-states which have systems which are vastly preferable to the U.S. system, in my opinion, but they are generally special cases.  Iceland is not too bad.  Norway is fairly tolerable.  I could almost stand Scotland.  Singapore is rather decent.  Chile, quite nice.  Conceivably Paraguay.  But then I've not lived there long enough to see the worst aspects, to judge how deeply they disturb me.

We should get together and buy an island with bitcoins, call it Satoshi Island and have the currency as BTC of course, use the bitcoin protocol to vote trade etc.. and live happily ever after.

+1

Lets use Litecoin as BTC would give the foundation to much a hold on the nascent state of the free 

And BTC is already bought up by the ukraniens