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

[tarmi]

never liked bitfinex. I think they are the next gox.

btw, nice dump on stamp.

having money on Bitstamp in bitcoin is probably one of the dumbest places to have money in at the moment.

 

made some withdrawals too in the last few days.

great service I must say.

[hd060053]

okcoin giving the "OK" to western exchanges to go higher.

[EFS]

"Western" exchanges in Hong Kong and Bulgaria. What's this world come to?

Bulgaria is still West for me.

[luckygenough56]

never liked bitfinex. I think they are the next gox.

btw, nice dump on stamp.

Same, bitfinex always overly bullish is suspicious, also it has to be the worst exchange i've used, interface is plain confusing and awful

[aztecminer]

Whats the story with 'four punch raiders' 

they switched sides

Huh  that didn't help. Who are "they".

if you want to find out who the 'four punch raiders' are then just go post a 30k btc ask wall .

[itod]

"Western" exchanges in Hong Kong and Bulgaria. What's this world come to?

There's a reason why "western" exchanges are established in former eastern European countries, now full members of the EU like Slovenia and Bulgaria. By entering the EU they've got full access to classic "western" banking system and ability to move fiat, while being former eastern countries retained the possibility to deal with whoever they need to under the table to do things that can be questionable in other western countries. There we others who tried to do what Bitstamp and BTC-E had done, but they were stopped right in their tracks through regulation, which was dealt with one way or another in Slovenia and Bulgaria.

[aztecminer]

Our exchanges are run by amateurs and criminals and they are the biggest bottleneck in Bitcoin's valuation.

I agree, Bitcoin price in an open and transparent market should be at double or single digits by now.

bullshiat .. drug dealers selling drugs using bitcoin are dumbasses looking to get themselves and their clients busted.

any drug dealer stupid enough to use something that records every transaction in a ledger that is completely traceable deserves to be busted.

fiat cash is truly anonymous because there is no ledger and much more difficult to be traced.

at the end of the silk road trials we will learn that bitcoin has an ability to bust criminals and terrorists .

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[aztecminer]

got my two new bitcoins today. yeehaaaa ... i have to buy new bitcoins to trade with on exchange because i won't touch my hoard i mined. i try to do everything with new money. i think the price of bitcoin is too low to purchase more mining equipment at this time. sooo that means if i want to accumulate more bitcoins then i have to learn how to trade. at these prices i think is better to just buy the bitcoins rather than mine them anyways. i might buy more soon. i woulda bought more but this t-top firebird used as an la undercover was calling me from la police dept to come home last couple weeks: http://oi57.tinypic.com/hs00up.jpg

the fud some people spreading about how people who buy bitcoin can't afford to buy other stuff is proven to be just that...fud. and so is the "only criminals buy and use bitcoins" is fud. bears spread more fud than anyone in these forums and they don't even care that they are exposed as pure fud .

[GaliX]

Take your dagger glove guys. This will get bloody soon.

[Richy_T]

Microsoft and Dell adopting Bitcoin smacks of desperation.

The days of "blue chip" companies maintaining their place on the fortune 500 for years and years is over.

In 10 years, many of today's so-called "blue chip" companies will be dead and companies we've never heard of will be on the list.

Hah. You can forget seeing the back end of that as long as government can still be bought to write protectionist legislation and dish out pork.

[BayAreaCoins]

...


Take your dagger glove guys. This will get bloody soon.

Bring it on Bears



Going to stack my leverage for a while once she pushes past it.

OKCoin futures on the rise again today.  Hopefully going to go bullish today, but futures have been under OKCoin market price all morning. bullish now

Quarterly futures did cross over Bitstamp market price a few times last night.

Edit:
Quarterly futures back over Bitstamp market price.

[silverfuture]

Recent Big Bitcoin Drop Looks Like A Squeeze; That Could Be A Huge Problem

Sharks a-swimmin'

[madmax6688]

Recent Big Bitcoin Drop Looks Like A Squeeze; That Could Be A Huge Problem

Sharks a-swimmin'

What exactly is a squeeze? Care to elaborate?

[GaliX]

Bitstamp looks like under heavy pressure.
About to start the float.

[RD965]

Our exchanges are run by amateurs and criminals and they are the biggest bottleneck in Bitcoin's valuation.

I agree, Bitcoin price in an open and transparent market should be at double or single digits by now.

bullshiat .. drug dealers selling drugs using bitcoin are dumbasses looking to get themselves and their clients busted.

any drug dealer stupid enough to use something that records every transaction in a ledger that is completely traceable deserves to be busted.

fiat cash is truly anonymous because there is no ledger and much more difficult to be traced.

at the end of the silk road trials we will learn that bitcoin has an ability to bust criminals and terrorists .

There you go, US $ IS THE CURRENCY MOST WIDELY USE FOR TRADING GUNS AND DRUGS

[madmax6688]

Our exchanges are run by amateurs and criminals and they are the biggest bottleneck in Bitcoin's valuation.

I agree, Bitcoin price in an open and transparent market should be at double or single digits by now.

bullshiat .. drug dealers selling drugs using bitcoin are dumbasses looking to get themselves and their clients busted.

any drug dealer stupid enough to use something that records every transaction in a ledger that is completely traceable deserves to be busted.

fiat cash is truly anonymous because there is no ledger and much more difficult to be traced.

at the end of the silk road trials we will learn that bitcoin has an ability to bust criminals and terrorists .

There you go, US $ IS THE CURRENCY MOST WIDELY USE FOR TRADING GUNS AND DRUGS

Look at it relatively, the percentage of US users using it for illegal purposes is (was) much lower than bitcoin's percentage of the same thing. Now of course this has changed slightly with the collapse of the silk road.

[NotLambchop]

...
Hah. You can forget seeing the back end of that as long as government can still be bought to write protectionist legislation and dish out pork.

[RD965]

Our exchanges are run by amateurs and criminals and they are the biggest bottleneck in Bitcoin's valuation.

I agree, Bitcoin price in an open and transparent market should be at double or single digits by now.

bullshiat .. drug dealers selling drugs using bitcoin are dumbasses looking to get themselves and their clients busted.

any drug dealer stupid enough to use something that records every transaction in a ledger that is completely traceable deserves to be busted.

fiat cash is truly anonymous because there is no ledger and much more difficult to be traced.

at the end of the silk road trials we will learn that bitcoin has an ability to bust criminals and terrorists .

There you go, US $ IS THE CURRENCY MOST WIDELY USE FOR TRADING GUNS AND DRUGS

Look at it relatively, the percentage of US users using it for illegal purposes is (was) much lower than bitcoin's percentage of the same thing. Now of course this has changed slightly with the collapse of the silk road.

Until BTC reaches a decent market cap you cannot compare it in transactions with the US$ AT ALL

[ChartBuddy]

Bitfinex

Bitstamp

Explanation