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

[macsga]

wow 2 hrs without comment

what is going on?

silence before the storm (up or down )

Most possible ''meh'' sentiments due to low (to none) volatility. Bitcoiners are not used to it. Either despair or CCMF here.

[Mervyn_Pumpkinhead]

Looks like some people tried to jump-start a rise, but the selling pressure was higher then predicted and they just gave up.
There is very little interest to buy over 200$. Everyone are just hoping that a miracle will save them all, until the price begins to drop again.

[luckygenough56]

interest 404 not found

nobody wants to buy more than 50 dollars per btc for what bitcoin has to offer (virtually nothing but risks and issues)

whole btc market only constituted by a handfull of whales toying with price waiting for the final blow

yet the conspiracists, fat geeks and paranoiacs (99% of cultists) will keep dreaming about the world collapsing and bitcoin being the answer

what am i doing, bitcoin isn't even worth trolling anymore

[Eamorr]

interest 404 not found

nobody wants to buy more than 50 dollars per btc for what bitcoin has to offer (virtually nothing but risks and issues)

whole btc market only constituted by a handfull of whales toying with price waiting for the final blow

yet the conspiracists, fat geeks and paranoiacs (99% of cultists) will keep dreaming about the world collapsing and bitcoin being the answer

what am i doing, bitcoin isn't even worth trolling anymore

Agree with this (and the imagery - Bitcoin is a toxic brand that is unmarketable pretty much everywhere).

But Bitcoin still has a very important role: a central pivot point into emerging developments (such as Ripple, Stellar, NXT,...)

Without Bitcoin surviving for at least another year, they will find their job very, very difficult. But as time goes on and deals are done with banks and governments, the Bitcoin pivot will become less and less important.

It's in everyone's interest to keep the old steam engine serviceable for another while yet!!!

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[inca]

Looks like some people tried to jump-start a rise, but the selling pressure was higher then predicted and they just gave up.
There is very little interest to buy over 200$. Everyone are just hoping that a miracle will save them all, until the price begins to drop again.

Or to sell below 200..

Keep dreaming..

[cbeast]

Bitcoin is a toxic brand that is unmarketable pretty much everywhere).

But Bitcoin still has a very important role: a central pivot point into emerging developments (such as Ripple, Stellar, NXT,...)

Without Bitcoin surviving for at least another year, they will find their job very, very difficult. But as time goes on and deals are done with banks and governments, the Bitcoin pivot will become less and less important.

It's in everyone's interest to keep the old steam engine serviceable for another while yet!!!

Bitcoin, while as a currency is not doing as well as hoped, is being re-branded as The Blockchain in the media. Bitcoin outputs will become various assets and reserve currencies. Ripple and Stellar will be replaced by Tether. NXT and all the other stake-based asset discussions belong elsewhere. Bitcoin is in a chrysalis state and will be reborn as a much more powerful and robust asset class.

[medialab101]

Lighthouse is here ya'll

http://www.coindesk.com/bitcoin-powered-crowdfunding-app-lighthouse-launches-open-beta/

[arvindr]

wow 2 hrs without comment

what is going on?

silence before the storm (up or down )

Been stable for a while. No storms incoming.

[poncom]

wow 2 hrs without comment

what is going on?

silence before the storm (up or down )

Most possible ''meh'' sentiments due to low (to none) volatility. Bitcoiners are not used to it. Either despair or CCMF here.

Nothing's happening on the bitcoin markets so there is nothing much to talk about. When bitcoin stops flatlining the thread will once again be buzzing.

[aztecminer]

Stop crashing Bitcoin, or even the last real world usage for Bitcoin beside child porn and terrorism will be gone!
 

http://uk.businessinsider.com/bitcoin-crash-drug-dealers-2015-1

“Out a couple of thousand over this,” writes one dealer. “Bad f---ing time to start up. I really hope it bounces back and stays there. I can’t believe how fast they’re dropping. $330 to 280 to 220 in just a few weeks. Bye bye profit.”

“I am losing losing 10-20% on all orders in escrow now!” says another. “Make that 30%!!! There goes all profit! FML.”

One deep web cocaine dealer spoke to Business Insider about the price crash. “It’s pretty damn sad,” they said. “We have worked so hard over the past 3 months, and for profits to get halved? It’s hard to swallow, simple as that, but what can you do. It’s a gamble, whether you hold or sell.”

They'd cashed out and had a massive payday during the bubble in November 2013, so they weren't immediately hurt by the dropping prices. But it’s still “hard work down the toilet.” And other, newer dealers don't have that luxury: they’ll be forced to sell reserves at a loss just to keep going (and potentially forcing the price down even more in the process).

"It´s a death spiral! If it it doesn´t end soon, we (the vendors) will have to switch to something more solid and reliable, like DOGE!"

these guys are morons to sell drugs using something that is traceable.  the usd is much better to use since it is totally untraceable if using cash like a normal drug dealer.

[medialab101]

Reddit r/Bitcoin is a wall of awesomeness today:

Lighthouse Beta
Kim Dotcom blockchain-based internet
GAW getting investigated
Coinbase 75 Mil VC funding
Millionaire maker contest
Bitwage international payroll
Some noob just made his first Bitcoin

http://www.reddit.com/r/Bitcoin/

[DaRude]

Stop crashing Bitcoin, or even the last real world usage for Bitcoin beside child porn and terrorism will be gone!
 

http://uk.businessinsider.com/bitcoin-crash-drug-dealers-2015-1

“Out a couple of thousand over this,” writes one dealer. “Bad f---ing time to start up. I really hope it bounces back and stays there. I can’t believe how fast they’re dropping. $330 to 280 to 220 in just a few weeks. Bye bye profit.”

“I am losing losing 10-20% on all orders in escrow now!” says another. “Make that 30%!!! There goes all profit! FML.”

One deep web cocaine dealer spoke to Business Insider about the price crash. “It’s pretty damn sad,” they said. “We have worked so hard over the past 3 months, and for profits to get halved? It’s hard to swallow, simple as that, but what can you do. It’s a gamble, whether you hold or sell.”

They'd cashed out and had a massive payday during the bubble in November 2013, so they weren't immediately hurt by the dropping prices. But it’s still “hard work down the toilet.” And other, newer dealers don't have that luxury: they’ll be forced to sell reserves at a loss just to keep going (and potentially forcing the price down even more in the process).

"It´s a death spiral! If it it doesn´t end soon, we (the vendors) will have to switch to something more solid and reliable, like DOGE!"

these guys are morons to sell drugs using something that is traceable.  the usd is much better to use since it is totally untraceable if using cash like a normal drug dealer.

Think you're missing the point of silkroad 99.0 and all the other ONLINE market places.

[ronald98]

Reddit r/Bitcoin is a wall of awesomeness today:

Lighthouse Beta
Kim Dotcom blockchain-based internet
GAW getting investigated
Coinbase 75 Mil VC funding
Millionaire maker contest
Bitwage international payroll
Some noob just made his first Bitcoin

http://www.reddit.com/r/Bitcoin/

Kim Dotcom blockchain-based internet sounds pretty cool .

He's probably desperate to make cash since megaupload got closed.

[Afrikoin]

Are we all waiting for a sign???

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[mrkavasaki]

comon guys bitcoin is gone. no one want that shit anymore

RIP BITCOIN

[cbeast]

Please don't post anything that isn't relevant and important. This has been a public service announcement. Thank you.

[kodtycoon]

Please don't post anything that isn't relevant and important. This has been a public service announcement. Thank you.

thanks for the announcement cbeast.

[cesckat]

comon guys bitcoin is gone. no one want that shit anymore

RIP BITCOIN

Thanks for the info, if you really think that bitcoin is gone just for their actual price it's because you don't understand anything 
I don't understand why you're always here when everything is ok, but when bitcoin price falls, everyone is saying that's useless.

Mature and read everything you can about bitcoin technology, maybe it's useful for you