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

[marcus_of_augustus]

http://avc.com/2015/02/the-carlota-perez-framework/

for the longer term watchers ...

[1715666018]

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[1715666018]

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[noobtrader]

 

it seem price has staibilized it self above 220 mark ?
im happy with this... i hope 220 all the way to 2016, agree ?

[Newar]

http://avc.com/2015/02/the-carlota-perez-framework/

for the longer term watchers ...

Sadly only focuses on the US, IMHO.

[ChartBuddy]

Coin
Explanation

[nanobrain]

Remember kids...

the price doesn't matter,

bad news doesn't matter,

China doesn't matter.

Nothing matters in BTCland other than pictures of honey badgers and walls of text proclaiming the NWO.

Lemme save you the time. He says that money only has value because we believe it has value. I suppose that's true in a certain context but useless. Economics professors (he's a prof) only have value because we believe they have value also. What determines MARKET value for anything is supply and demand and what determines the value of something to an individual is marginal utility. Any Econ Prof worth his salt will tell you that the first week of Econ 101.

BillyJoeAllenRedneck firefighter who can't spell his own home state correctly

And of course even those with an education are wrong, wrong, wrong.

So, make sure to keep buying BTC with your credit card...if Cletus here says its good, why worry.

[fonzie]

Remember kids...

the price doesn't matter,

bad news doesn't matter,

China doesn't matter.

Nothing matters in BTCland other than pictures of honey badgers and walls of text proclaiming the NWO.

Lemme save you the time. He says that money only has value because we believe it has value. I suppose that's true in a certain context but useless. Economics professors (he's a prof) only have value because we believe they have value also. What determines MARKET value for anything is supply and demand and what determines the value of something to an individual is marginal utility. Any Econ Prof worth his salt will tell you that the first week of Econ 101.

BillyJoeAllenRedneck firefighter who can't spell his own home state correctly

And of course even those with an education are wrong, wrong, wrong.

So, make sure to keep buying BTC with your credit card...if Cletus here says its good, why worry.

 

[octaft]

Remember kids...

the price doesn't matter,

bad news doesn't matter,

China doesn't matter.

Nothing matters in BTCland other than pictures of honey badgers and walls of text proclaiming the NWO.

Lemme save you the time. He says that money only has value because we believe it has value. I suppose that's true in a certain context but useless. Economics professors (he's a prof) only have value because we believe they have value also. What determines MARKET value for anything is supply and demand and what determines the value of something to an individual is marginal utility. Any Econ Prof worth his salt will tell you that the first week of Econ 101.

BillyJoeAllenRedneck firefighter who can't spell his own home state correctly

And of course even those with an education are wrong, wrong, wrong.

So, make sure to keep buying BTC with your credit card...if Cletus here says its good, why worry.

DAAAAAAAYUMMMMMM!

https://www.youtube.com/watch?v=95SYdjRVCR0

[12345mm]

cucumber wata for customer only !

[ChartBuddy]

Coin
Explanation

[caga]

it seem price has staibilized it self above 220 mark ?
im happy with this... i hope 220 all the way to 2016, agree ?

Depends. Inflation is always good. And for people  into mining they would definitely want it to increase.

[noobtrader]

it seem price has staibilized it self above 220 mark ?
im happy with this... i hope 220 all the way to 2016, agree ?

Depends. Inflation is always good. And for people  into mining they would definitely want it to increase.

with inflation then the price of bitcoin should be lower and lower...

[Phillis]

meh more sideways, I want some volatility!

[600watt]

meh more sideways, I want some volatility!

let´s beat the downtrend by moving sideways through all the downtrend lines the chartists can draw 

it will take another four weeks. if we are still above 200 in 4 weeks...  mooooooon!

[noobtrader]

meh more sideways, I want some volatility!

let´s beat the downtrend by moving sideways through all the downtrend lines the chartists can draw 

it will take another four weeks. if we are still above 200 in 4 weeks...  mooooooon!

i can agree with that 

[ChartBuddy]

Coin
Explanation

[caga]

it seem price has staibilized it self above 220 mark ?
im happy with this... i hope 220 all the way to 2016, agree ?

Depends. Inflation is always good. And for people  into mining they would definitely want it to increase.

with inflation then the price of bitcoin should be lower and lower...

Why is that ?

[hdbuck]

it seem price has staibilized it self above 220 mark ?
im happy with this... i hope 220 all the way to 2016, agree ?

Depends. Inflation is always good. And for people  into mining they would definitely want it to increase.

with inflation then the price of bitcoin should be lower and lower...

Why is that ?

because there is more bitcoins entering the market day after day..

[macsga]

The catalyst needed for many more people to enter BTC is something that proves the fiat system is collapsing. It's the story everybody wants to say it's true (especially those working into the financial sector), but nobody says it because their salary depends on it. Don't lose time searching miners dumping their coins, or companies manipulating the price. This was, is and will be here for long time to come.

Articles like this http://www.ft.com/cms/s/0/8fd55736-ae0a-11e4-919e-00144feab7de.html
is what I find more important, since Cyprus last year. Doubt it? Just wait and see.

[JorgeStolfi]

Another news report on the mycoin.hk mining ponzi below, only a few more details:
https://www.techinasia.com/bitcoin-pyramid-scheme-hong-kong-387m-investors-money/

I did not know the amount of the GBL scam:

The broader points of the sceme look very similar to GBL, a bitcoin exchange also based in Hong Kong that went dark in November 2013 with about US$4.1 billion of investors’ money.

I suppose that the figure is computed from BTC at the Mv/2013 price?  Anyway that would make GBL the largest bitcoin-related scam of all time.

I recall reading, some time later, that the GBL owners had been caught by the Chinese poliice, somewhere in the Mainland.  That also makes GBL one of the few (only two?) bitcoin scams whose authors were caught and tried.

[JorgeStolfi]

Another random news post:  BitXChange.ro, a Bitcoin exchange in Romania, fired their chief programmer last October, and he has been holding their servers and user account hostage since then.  Exchange owners advised clients to withdraw everything, and claims to have been processing all withdrawals by hand since then.

https://www.btcxchange.ro/news