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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26810661 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
billyjoeallen
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February 05, 2015, 05:38:51 PM

^

Oh, another one that thinks that the population of Greece will adopt bitcoin. Haha!


Actually I think the majority of Greeks will be pimping out their daughters for cans of Spam, but a few will make out like bandits just like the Rooskies who bought up all those formerly state-owned businesses when shares were trading for pennies and then later became oligarchs.

Greece's new finmin is a socialist moron. I have zero hope the new Greek government will be anything but hostile to crypto. The beauty is it doesn't matter in the slightest. The laws of economics cannot be repealed by legislative fiat.
billyjoeallen
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February 05, 2015, 05:41:44 PM

...
any commodity in finite supply will have to gain value. Supply and demand, Baby...

How are you set for BTCeanies?  Don't miss the boat, freedom fighter!

If I could stash a million beany babies on a jump drive or email them, then maybe I'd be stocking up. But I doubt it because you would have to trust the manufacturer to limit the supply instead of merely just reading the source code that DEFINES a beany baby as one of only 21 million.
aztecminer
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February 05, 2015, 05:43:42 PM

Bitcoin is the Wild West, but if you look back to the actual Wild West you will see some parallels. Everyone knew that back then that all that land would become extremely valuable some day if only they had the will, brains, balls and luck to hold onto it long enough. There were all sorts of bad actors and the guy with the white hat didn't always win, but eventually they were all proven right.

Will Rogers once said "Buy land; they don't make it anymore." It's a humorous way of saying that with a continually growing population any commodity in finite supply will have to gain value. Supply and demand, Baby.

But ok, let's look at a much shorter time frame. There is this little country called Greece that I think is somewhere close to Cypress that is in the early stages of a massive country-wide bank run. Now we all know that when our banskter overlords start seeing a run for the exits, they generally try to discourage that behavior by instituting capital controls. So how do you think these poor Greek bastards are going to escape with some fraction of what's left of their wealth? Put it in frozen gyros? ceramic Parthenon figurines? or maybe the more enterprising among them might get some crypto and convince a few of their friends to do the same.




only a few will go crypto. most will go pms because those are rising in other currencies. they did a smash down this morning... the pms keep rising with the dollar which is unusual. the new round of EU QE is a round of desperation. the abusively high taxes in the usa is because the usa govy is bankrupt so they have resorted to #theft and #corruption to fill their coffers just to pay the interest. that soon will not be enough . it is time for the us govy to admit that their 'trusting in god' for the federal reserve to print money experiment has been a complete failure. we are not even that far ahead of russia and china in technology after all these years of usd reserve currency and manipulation of the markets. the 'trust in god' federal reserve is a complete and total failure that is so embarrassing that they refuse to admit it. instead they will tax the hell out of us #corruption and #theft while maintaining an interest to infinity #debtslavery #serfdom in the usa.
podyx
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February 05, 2015, 05:45:33 PM

...
any commodity in finite supply will have to gain value. Supply and demand, Baby...

How are you set for BTCeanies?  Don't miss the boat, freedom fighter!

Please dump harder...

I've sold part of my stash at $218 and this is a disgrace!
NotLambchop
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February 05, 2015, 05:46:55 PM

...
any commodity in finite supply will have to gain value. Supply and demand, Baby...

How are you set for BTCeanies?  Don't miss the boat, freedom fighter!

If I could stash a million beany babies on a jump drive or email them, then maybe I'd be stocking up. But I doubt it because you would have to trust the manufacturer to limit the supply instead of merely just reading the source code that DEFINES a beany baby as one of only 21 million.

21 million can be changed with a hardfork as easily as blocksize.  Lrn 2 Bitcoin pl0x.

Re. emailing Beanies:  Just like sidechains will be implemented to make Bitcoin useful as a currency (yeah, 7TPS is shit), new apps & technology layers will develop for BTCeanies.  The fundamentals are improving all the time!

Re. trust Ty:  Trust Gavin.

Also https://bitcointalk.org/index.php?topic=931714.msg10366676#msg10366676

@podyx:  Nobody's dumping, simply divesting @ minimal slippage.  Shit takes time, don't rush.
SnokkomBTC
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February 05, 2015, 05:47:19 PM

^

Oh, another one that thinks that the population of Greece will adopt bitcoin. Haha!


Actually I think the majority of Greeks will be pimping out their daughters for cans of Spam, but a few will make out like bandits just like the Rooskies who bought up all those formerly state-owned businesses when shares were trading for pennies and then later became oligarchs.

Greece's new finmin is a socialist moron. I have zero hope the new Greek government will be anything but hostile to crypto. The beauty is it doesn't matter in the slightest. The laws of economics cannot be repealed by legislative fiat.
Yanis Varoufakis about financial system :

https://www.youtube.com/watch?v=iVxaTC7Qp44

I think he isn't so stupid..
itod
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February 05, 2015, 05:48:55 PM

I bought 1 more bitcoin at 215. Now I'm completely out of money to invest. Tongue

You know what you have to do now:
gizmoh
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February 05, 2015, 05:53:57 PM

...
any commodity in finite supply will have to gain value. Supply and demand, Baby...

How are you set for BTCeanies?  Don't miss the boat, freedom fighter!

Please dump harder...

I've sold part of my stash at $218 and this is a disgrace!

Same here that mighty $220 support broke. I was promised sub 200! 
 
BTW someone accumulating Big on Finex with those 1k - 2k walls!
luckygenough56
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February 05, 2015, 05:57:39 PM

i'm ready for the next strike
NotLambchop
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February 05, 2015, 05:59:38 PM

...
Same here that mighty $220 support broke. I was promised sub 200!  
...

rpietila promised me $300,000 Cry  You've been misled by $16, and me?  Well, *math* $299,784 Sad
ChartBuddy
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February 05, 2015, 05:59:59 PM

Coin
Explanation
billyjoeallen
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February 05, 2015, 06:06:57 PM

^

Oh, another one that thinks that the population of Greece will adopt bitcoin. Haha!


Actually I think the majority of Greeks will be pimping out their daughters for cans of Spam, but a few will make out like bandits just like the Rooskies who bought up all those formerly state-owned businesses when shares were trading for pennies and then later became oligarchs.

Greece's new finmin is a socialist moron. I have zero hope the new Greek government will be anything but hostile to crypto. The beauty is it doesn't matter in the slightest. The laws of economics cannot be repealed by legislative fiat.
Yanis Varoufakis about financial system :

https://www.youtube.com/watch?v=iVxaTC7Qp44

I think he isn't so stupid..

Then you're stupid. He's claiming Greece has a solvency problem rather than a liquidity problem. No shit. A first year accounting student at a junior college could tell you that. But a doctor has to do more than just diagnose and his proposed prescription is poison.
Fatman3001
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February 05, 2015, 06:13:22 PM

...
any commodity in finite supply will have to gain value. Supply and demand, Baby...

How are you set for BTCeanies?  Don't miss the boat, freedom fighter!

Please dump harder...

I've sold part of my stash at $218 and this is a disgrace!

The fact that the last super-dumps have roughly moved the price by a gnats fart only to steadily rise again to $220-230 makes me feel something I haven't done for over a year, genuinely optimistic.
luckygenough56
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February 05, 2015, 06:13:34 PM

my we predictions :


tomothy
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February 05, 2015, 06:14:53 PM

Seems China still has some weak hands... They dump like 200 coins and Finex follows with 1500. I wonder how that's even remotely profitable unless they're just selling into their own buy walls. Maybe arbitraging somewhere, the futures market?

No this dump was started when someone sold btc for ltc on btce.
I hate to spoil the “party” but dumping BTC/LTC to push BTC/USD down move has become so obvious that even the small guys are picking up the moves early.

 

Watch for the move in the other direction for the BTC/USD rise.

 



so, they pushed both the price of btc and ltc USD down and our preserving their ability to make the next move by increasing supply of ltc? I guess why wouldn't everything be going down, what's the point of funneling the available currency back into ltc/btc? Just wondering...
NotLambchop
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February 05, 2015, 06:18:54 PM

...
The fact that the last super-dumps have roughly moved the price by a gnats fart only to steadily rise again to $220-230 makes me feel something I haven't done for over a year, genuinely optimistic.

Lol, it worked.  Again Cheesy

Walsoraj
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February 05, 2015, 06:21:29 PM

Looks like Ripple has decoupled from Bitcoin.  

Also:

https://gatehub.net/
https://twitter.com/gatehubnet
https://xrptalk.org/topic/5293-ann-gatehub-february-2015/

GONNA BE HUGE AND BULLISH AS FUCK!!


Jorge, it's time to sell your house and go all in!
yefi
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February 05, 2015, 06:27:55 PM

The fact that the last super-dumps have roughly moved the price by a gnats fart only to steadily rise again to $220-230 makes me feel something I haven't done for over a year, genuinely optimistic.

Current price action really isn't a cause for optimism - not least because it has barely begun.
arklan
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February 05, 2015, 06:40:37 PM

so i was trying to find that "come on bitcoin, do something" meme wher the dude is poking a coin with a stcik, but i can't find it... so i'll just type this out so i still post my point... which is "argh. boring."
subtleknife
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February 05, 2015, 06:42:41 PM

How fucking real is $200 by tomorrow?
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