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

[billyjoeallen]

Boring is good. It means stability, at least temporarily. Our function as day traders is to bring about exactly this outcome.

Go out and do something. We have accomplished what we needed to accomplish. Come back when the alarm on your smart phone apps tell you that we are needed again.

Translation: "Aww shit, the whales are finally gone from the market.  No more money to be made, because we're lowly bottom feeders that can't move the market. Whatever will us poor troll daytards do with our daily lives now?"

I don't want to move the market. I want to keep it from moving or at least help slow it down. Successful day traders profit from removing volatility from the market and that makes bitcoin a more useful currency.

i'm not a very good day trader then because i am well known for causing massive tidal waves of wave after wave that makes adam guerbuez's roller coaster look like nothing .

It's impossible to successfully day trade without removing volatility from the market, so perhaps you should move your perspective out a couple orders of magnitude to see that's what you are doing.

[1714874306]

1714874306

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

Where are all the predictions and YouTube videos for bitcoin going over $10,000?

How is that any more ridiculous than Apple having a market cap of $700 Billion? in order for one BTC to be worth $10,000, the market cap would only have to be $210B or less (depending on how many bitcoins have been mined when it happens), less than 1/3 of Apple Corp's current value.

Well, when you buy some Apple stock, you become owner of a slice of a huge company, that makes 70'000 USD of profit every second, by manufacturing and selling more than 10 million high-quality computers and smatrphones per month, that people literally give a kidney for.   Whereas, when you buy a bitcoin....

[Walsoraj]

Where are all the predictions and YouTube videos for bitcoin going over $10,000?

How is that any more ridiculous than Apple having a market cap of $700 Billion? in order for one BTC to be worth $10,000, the market cap would only have to be $210B or less (depending on how many bitcoins have been mined when it happens), less than 1/3 of Apple Corp's current value.

http://rationalwiki.org/wiki/False_analogy
http://en.wikipedia.org/wiki/Argument_from_analogy#False_analogy

Never go full left shark.<sup>1



1</sup> http://www.sbnation.com/lookit/2015/2/2/7961873/katy-perry-sharks-dancing-singing-sharks-jaws-dorsal-fins

[Walsoraj]

Jorge,

Interesting how we often post at similar times, no?  When are you going to admit that I am your troll account?

[NotLambchop]

Where are all the predictions and YouTube videos for bitcoin going over $10,000?

How is that any more ridiculous than Apple having a market cap of $700 Billion? in order for one BTC to be worth $10,000, the market cap would only have to be $210B or less (depending on how many bitcoins have been mined when it happens), less than 1/3 of Apple Corp's current value.

http://rationalwiki.org/wiki/False_analogy
...

Because Bitcoin's not like Apple, it's more like the internet, but with gold and hookers & blow.

[JorgeStolfi]

Jorge,
Interesting how we often post at similar times, no?  When are you going to admit that I am your troll account?

We may be mirror images.

Like a proton and an antiproton.  What did you write once, that I would not want to meet other users of this forum in person?  It takes a new meaning...

[JorgeStolfi]

An interesting graph of venture capital funding for bitcoin enterprises, per quarter:
http://dataviz.pitchbook.com/bitcoin/#/

[karolina]

Something's gonna pop soon....


I bet we drop down, hard.

[greenlion]

So what I've learned catching up on the thread the last couple days is that this is basically the personal blog / tumblr of a few high profile obnoxious idiots, and that "bitcoiners" are apparently stupid assholes because they have high expectations that are often wrong of a completely new technology that nobody has ever seen before and nobody actually knows how to value or project yet.

[Odalv]

Code:

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           .--(. '  .).--.      . .-.
        . ( ' _) .)` (   .)-. ( ) '-'
       ( ,  ).        `(' . _)
     (')  _________      '-'                  CCMF
     ____[_________]                                         ________
     \__/ | _ \  ||    ,;,;,,                               [________]
     _][__|(")/__||  ,;;;;;;;;,   __________   __________   _| CCMF |_
    /             | |____      | |          | |  ___     | |      ____|
   (| .--.    .--.| |     ___  | |   |  |   | |      ____| |____      |
   /|/ .. \~~/ .. \_|_.-.__.-._|_|_.-:__:-._|_|_.-.__.-._|_|_.-.__.-._|
+=/_|\ '' /~~\ '' /=+( o )( o )+==( o )( o )=+=( o )( o )+==( o )( o )=+=
='=='='--'==+='--'===+'-'=='-'==+=='-'+='-'===+='-'=='-'==+=='-'=+'-'jgs+

[damiano]

Something's gonna pop soon....


I bet we drop down, hard.

Difficult to say

[ChartBuddy]

Coin
Explanation

[readysalted89]

So what I've learned catching up on the thread the last couple days is that this is basically the personal blog / tumblr of a few high profile obnoxious idiots, and that "bitcoiners" are apparently stupid assholes because they have high expectations that are often wrong of a completely new technology that nobody has ever seen before and nobody actually knows how to value or project yet.

As soon as bitcoin's price starts moving in a big way hundreds of people suddenly start posting here. When nothing's been happening for ages only a few people seem to post here. That's when it becomes the personal blog / tumblr of a few high profile obnoxious idiots people.

[Walsoraj]

http://coinorama.net/
http://coinsight.org/coinbase

Anyone know why coinbase's bid/ask sums are shown differently at these sites?

[Kupsi]

http://coinorama.net/
http://coinsight.org/coinbase

Anyone know why coinbase's bid/ask sums are shown differently at these sites?

I guess Coinorama is wrong. It doesn't show the whole order book in the order book window.

[NotLambchop]

So what I've learned is that ... "bitcoiners" are apparently stupid assholes because they have high expectations that are often always wrong of a completely new nearly defunct technology that nobody has ever seen before and nobody actually knows how to value or project yet gives a shit about.

A few minor slip-ups (corrected), but a good start.  C+, you're clearly trying.

[YourMother]

So what I've learned catching up on the thread the last couple days is that this is basically the personal blog / tumblr of a few high profile obnoxious idiots, and that "bitcoiners" are apparently stupid assholes because they have high expectations that are often wrong of a completely new technology that nobody has ever seen before and nobody actually knows how to value or project yet.

As soon as bitcoin's price starts moving in a big way hundreds of people suddenly start posting here. When nothing's been happening for ages only a few people seem to post here. That's when it becomes the personal blog / tumblr of a few high profile obnoxious idiots people.

I learned a lot about Grease in these last one hundred pages. Like for example, the population is more than ready to dump euro for Bitcoin.

While reading some statistics, i found the following line very encouraging: "Internet users: 6.0 million users, 52nd in the world; 56.0% of the population"

So only 56% of the population can use Bitcoin, huh ? The rest will trade tulips, beanie babies and excrements ?

[DonQuijote]

We are waiting the next bubble, dont worry guys, its comming

[Ezmoneyezlife]

We are waiting the next bubble, dont worry guys, its comming

Yep, retesting of 260$ is pretty possible now.