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

[inca]

bear traps all the way to 2k!

go short now you greedy little bearpigtroll idiots.

Yes. It will take a few stairsteps higher before they work it out.

[mb300sd]

Barry Silbert knows! His syndicate didn't win auction for nothing 

https://twitter.com/barrysilbert/status/557584594523136000

Anyone have full copy/paste? Don't want to create account.

[Erdogan]

Price doesn't matter .... unless it advances. In which case it changes everything. 

[ShroomsKit]

I knew that these low prices were artifical. Wall Street is around the corner. Time to get leveraged all-in again asap.

Yes. Wallstreet is about to get in. 2 weeks.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[ElectricMucus]

I knew that these low prices were artifical. Wall Street is around the corner. Time to get leveraged all-in again asap.

Yes. Wallstreet is about to get in. 2 weeks.

lol

[Chef Ramsay]

Barry Silbert knows! His syndicate didn't win auction for nothing 

https://twitter.com/barrysilbert/status/557584594523136000

Anyone have full copy/paste? Don't want to create account.

Bitcoin + Wall Street (literally), as predicted:
http://www.wsj.com/articles/coinbase-raises-75-million-in-funding-round-1421762403

and picture of bitcoin accepted here window front

[tarmi]

yea, those fuckers know where the money is: exchange and trading fees.

bitcoin price? who cares? we can charge fees for every transaction even if bitcoin is trading at 10 $.

and btw I am with wekkel on this one. we didnt manage to make a decent V shape recovery after 3 days. weak, very beak.

[mmitech]

yea, those fuckers know where the money is: exchange and trading fees.

bitcoin price? who cares? we can charge fees for every transaction even if bitcoin is trading at 10 $.

Bravo... is this so hard to understand? Bitcoin will do the same job regardless the price, so why not eliminate the risk of the crazy volatility by investing in a company that makes money from these hopeless delusional libertarians.

Edit: Beside, even if Bitcoin fails and if we get a Bitcoin 2.0, these companies will still operate, while Bitcoin bag holders will lose it all.

[JorgeStolfi]

But you must know better than the people over at NYSE, Citigroup, BBVA, USAA and NTT. After all, you are a Sr. Member now.

My ego is bursting. How many of you have a personal troll?

Fonsie, is that you?  I seem to recognize the personality and the peculiar obsession (not to mention the bizarre idea of creating an account that is a poor parody of a "troll" account).

[findftp]

yea, those fuckers know where the money is: exchange and trading fees.

bitcoin price? who cares? we can charge fees for every transaction even if bitcoin is trading at 10 $.

Bravo... is this so hard to understand? Bitcoin will do the same job regardless the price

Right on many things, except for liquidity.
How would you ever want to do a transaction bigger than the current market cap with current prices?

[JorgeStolfi]

Barry Silbert knows! His syndicate didn't win auction for nothing  
https://twitter.com/barrysilbert/status/557584594523136000

His syndicate was just a way for small bidders to bid at the auction.  Secondmarket just collected their bids and packaged them into the 2000-3000 BTC lots.  Neither he nor SecondMarket placed bids of their own at the auction.  They just collected the 1% fee from those bidders who won.

[BlindMayorBitcorn]

Barry Silbert knows! His syndicate didn't win auction for nothing  
https://twitter.com/barrysilbert/status/557584594523136000

His syndicate was just a way for small bidders to bid at the auction.  Secondmarket just collected their bids and packaged them into the 2000-3000 BTC lots.  Neither he nor SecondMarket placed bids of their own at the auction.  They just collected the 1% fee from those bidders who won.

Only people winning now with Bitcoin are middle-men

[Chef Ramsay]

yea, those fuckers know where the money is: exchange and trading fees.

bitcoin price? who cares? we can charge fees for every transaction even if bitcoin is trading at 10 $.

Bravo... is this so hard to understand? Bitcoin will do the same job regardless the price, so why not eliminate the risk of the crazy volatility by investing in a company that makes money from these hopeless delusional libertarians.

Edit: Beside, even if Bitcoin fails and if we get a Bitcoin 2.0, these companies will still operate, while Bitcoin bag holders will lose it all.

But, they'll get a lot more fees if the price is going up signifying that demand is increasing. If you look at Coinbase's statement today, they're looking to break into 11 more countries before the year's end, India being on their list. So, growing demand for bitcoin outside of the current buyers is what they're aiming for and undoubtedly that leads to an increase in pricing. As is, they're doing fine but I doubt the intent of them getting this extra 75 mill was to keep going as is, nor would the investors' intent be the same thing. This all shows that their expansion to new markets will add to a growing demand for the coin and thus continually increasing the price.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[chopstick]

BILL GATES PERSONALLY INVESTING 10 BILLION $$$$ INTO BITCOIN

CONFIRMED BY THE ONION

[tarmi]

Barry Silbert knows! His syndicate didn't win auction for nothing  
https://twitter.com/barrysilbert/status/557584594523136000

His syndicate was just a way for small bidders to bid at the auction.  Secondmarket just collected their bids and packaged them into the 2000-3000 BTC lots.  Neither he nor SecondMarket placed bids of their own at the auction.  They just collected the 1% fee from those bidders who won.

Only people winning now with Bitcoin are middle-men

I find that hilarious, because bitcoin was intended to be "money without middle man".

if you are dealing drugs, doing ponzi schemes bitcoin is just great, but if you want to do something legally you need a middle man. ring a bell?

yes, we are reinventing the wheel and making new crypto banksters.

[gentlemand]

Barry Silbert knows! His syndicate didn't win auction for nothing  
https://twitter.com/barrysilbert/status/557584594523136000

His syndicate was just a way for small bidders to bid at the auction.  Secondmarket just collected their bids and packaged them into the 2000-3000 BTC lots.  Neither he nor SecondMarket placed bids of their own at the auction.  They just collected the 1% fee from those bidders who won.

Only people winning now with Bitcoin are middle-men

I find that hilarious, because bitcoin was intended to be "money without middle man".

if you are dealing drugs, doing ponzi schemes bitcoin is just great, but if you want to do something legally you need a middle man. ring a bell?

yes, we are reinventing the wheel and making new crypto banksters.

I think the average personage will need to evolve a fair bit more before they grow out of the desire for middlemen.

[SmoothCurves]

Interesting chart showing 2014 being Wave 2 correction. Wave 3 upcoming? If so, epic prices ahead.

https://www.tradingview.com/v/vINhYHSo/

[oda.krell]

The evolution of the cryptocritic slowpoke:


"Bitcoin will never be worth more than a few cent".

=> 2011: $32

==> "Ha! Price dropped from $32 to $2. Bitcoin is dead!"

===> 2013: $260, $1100

====> "Ha! Price dropped from $1100 to $200. Surely now Bitcoin must be dead."


"Nobody has any interest in using Bitcoin"

=> Network grows exponentially, 5 years in a row

==> "Okay, nobody other than a few nerds and libertards is ever going to use or accept Bitcoin"

===> Microsoft online, Overstock, Dell, Newegg

====> "They don't really accept Bitcoin, they convert most of it to USD immediately. Big money despises Bitcoin."

======> $75 million investment in Coinbase, by New York Stock exchange, among others

=======> "They don't actually think Bitcoin is useful or is going to stick around. Didn't you know the only guys who made money during the gold rush where the sellers of shovels?! That's exactly how they see Bitcoin."


And so on, and so forth.

There's a big premium to be had in this market, and you guys are the reason. Never change, please. ^_^