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

[BlatchMajorBitstaff]

Major movement is yet to be seen; I couldn't guess under this volume where we're going. That is, if the volume is real. I guess it won't be long since we observe a nice volume again though. Bear-or-Bull, a whale is gonna come...

FYI: "The List" is updated.

OMG! Stop bullying me you lunatic!

Do you spit on graves too?

[12345mm]

awwww man that is inexcusable ... *padawan ... all A's ... pretty simple ... god i hate that i know that ...

 

ehhhh no worries ... not everyone has encyclopedic knowledge of all things star ... wars and trek ... i've wasted years of my life to know these things ...

[damiano]

Perfect setup for a weekend crash

[Fatman3001]

What will you all be saying when we're trading in the $1xx range ?

LOL, I checked what I wrote last time!

I see someone had fun when I was gone. Woke up to day 1 after the Apocalypse.

I hope we all agree now: TO DA BLIMMIN, FUDDLING... MOOOOOON!!!!!!

Ha ha & lol! Skål Fatman!

Skål tilbake! Så får vi håpe skuta snur snart!

Yes, but we should write in english 95% of the time, so we don't get ignored. And yes, I hope the tide turns. I put more than I can lose in bitcoin 

It will, it will. I can't imagine anything else. If 5% of the developments in the Bitcoin ecosystem from 2014 catches on, we will be riding the wave past $1000 soon. These chart-nosing day traders forget that there is some really valuable utility backing up the price. And a security network unlike anything ever thought of before.

"....bitcoin miners now have 13,000 times more combined number-crunching power than the world’s 500 biggest supercomputers." - The Economist.

This mofo will take off, big time.

I couldn't agree more. My personal estimates of future value are based on calculations I did comparing other currencies with bitcoin and the role it can play as a global currency

I saw that. It's just hard to grasp the future scope of this technology at the moment.
I remember I got a bit fed up with the linux community in the 90s because, well they were quite rude to newbies, but mainly because they genuinely thought they were going to take over the desktop market with their unpolished glitchy GUI and people would just have to educate themselves in how to use terminal, cause that was the best way to do things(?!?!?!). I thought they had lost the plot.
But behind the scenes people started running apache on outdated machines on linux with great success. Any problem was quickly addressed by enthusiasts who liked to show off their programming skills, and by the end of the 90s much of the internet ran on linux. Now almost all of the internet runs on linux.
That's the kind of development I expect from bitcoin. Yes, some "normal" people will adopt it because they have needs or interests which makes Bitcoin worth the effort, or they are simply enthusiast nutters. But much of the big movements will be behind the scenes, smoothing out the speed bumps and lowering costs for financial institutions and large corporations.

[sAt0sHiFanClub]

...based on calculations I did comparing other currencies with bitcoin and the role it can play as a global currency

My god  - He is satoshi!! 

The founder of bitcoin is on minimum wage in a Norwegian warehouse. Who knew?

[Fatman3001]

Perfect setup for a weekend crash

Don't say that!

I was just now looking at jan 7 to jan 13 on finex and comparing them to april 6 to april 10.

I think it will be ok if we just don't talk about it.

[macsga]

Major movement is yet to be seen; I couldn't guess under this volume where we're going. That is, if the volume is real. I guess it won't be long since we observe a nice volume again though. Bear-or-Bull, a whale is gonna come...

FYI: "The List" is updated.

OMG! Stop bullying me you lunatic!

Do you spit on graves too?

Still Bearing you

No, I don't spit at all. It's not polite...

PS: Us Lunatics have a moto: "TO DA MOOOOOOON"... 

[sAt0sHiFanClub]

Perfect setup for a weekend crash

I think we alread had it @7am and 1pm today. Totally killed the friday evening bonus^tm.
Should bump along till monday. But then what?

[NotHatinJustTrollin]

Crave:






hahahahahahah

[adamstgBit]

Crave:






hahahahahahah

lmao

BUY ALL THE CAVECOIN

[sAt0sHiFanClub]

this list is made just to keep this thread clean while I try to control the information flow.

[Fatman3001]

Crave:






hahahahahahah

lmao

BUY ALL THE CAVECOIN

That's probably dreamspark dumping some shitcoins

[Torque]

Did someone say crave?

[Cconvert2G36]

Crave:

hahahahahahah

Charge your phone, you madman!!1!!

[Norway]

...

I saw that. It's just hard to grasp the future scope of this technology at the moment.
I remember I got a bit fed up with the linux community in the 90s because, well they were quite rude to newbies, but mainly because they genuinely thought they were going to take over the desktop market with their unpolished glitchy GUI and people would just have to educate themselves in how to use terminal, cause that was the best way to do things(?!?!?!). I thought they had lost the plot.
But behind the scenes people started running apache on outdated machines on linux with great success. Any problem was quickly addressed by enthusiasts who liked to show off their programming skills, and by the end of the 90s much of the internet ran on linux. Now almost all of the internet runs on linux.
That's the kind of development I expect from bitcoin. Yes, some "normal" people will adopt it because they have needs or interests which makes Bitcoin worth the effort, or they are simply enthusiast nutters. But much of the big movements will be behind the scenes, smoothing out the speed bumps and lowering costs for financial institutions and large corporations.

It's true that Windows and Apple kept controll over desktop solutions all these years (Except for Android (Linux) and chromebox / chromebook).

But I think bitcoin will be the "desktop solution" for money in a few years. For instance, I don't think remittance services hiding bitcoin from sender and receiver is the best solution. It's better to do it like in Thailand. Very easy to convert bitcoin to bath. On every corner with ATMs, Seven Elevens or mini marts. That way, people in receiving countries can choose to keep the bitcoin they receive from relatives abroad, spend them on the local market for vegetables and fish, or exchange to bath on the nearest Seven Eleven.  

[ChartBuddy]

Coin
Explanation

[Sitarow]

Crave:






hahahahahahah

lmao

BUY ALL THE CAVECOIN

This is no time to gamble on alts. THOSE things have sailed.

[ssmc2]

I crave more Bitcoin 

[Fatman3001]

...

...

It's true that Windows and Apple kept controll over desktop solutions all these years (Except for Android (Linux) and chromebox / chromebook).

But I think bitcoin will be the "desktop solution" for money in a few years. For instance, I don't think remittance services hiding bitcoin from sender and receiver is the best solution. It's better to do it like in Thailand. Very easy to convert bitcoin to bath. On every corner with ATMs, Seven Elevens or mini marts. That way, people in receiving countries can choose to keep the bitcoin they receive from relatives abroad, spend them on the local market for vegetables and fish, or exchange to bath on the nearest Seven Eleven.  

Sure, but most people don't use remittance services.

One market where bitcoin could take off is payments for digital content. Most parents would not feel comfortable with their childrens GooglePlay account or iTunes account being linked to their credit card. Yet, kids hardly buy toys any more. Toy shops are as rare as record shops nowadays. Kids want tablets and gaming consoles. And they want content for those.
Paypal/Braintree is already opening up bitcoin payments for digital content. Microsoft US allows you to fill up your account with BTC for digital content. Eventually Apple and Google will follow. Soon parents will be able to pay part of the kids allowance in btc, either directly to a service of their choosing, or to a bitcoin wallet where the kids can choose themselves which ecosystem they want to squirt their money into. That might sound like peanuts, but if you do the math that's a substantial market.

Convincing regular adults in rich countries to use BTC rather than VISA/Mastercard is a uphill battle. First of all, it will be quite a while before the price of Bitcoin is such that most people would be comfortable with using it. Second, very few shops charge extra for card use. They can save a lot more by having better flow and fewer employees due to card use. Just think back to the 80s when everyone paid cash. Cashiers even packed your shopping bag while you were fumbling around to find that one coin you knew was in there, so you wouldn't have to break a hundred note. Not to mention that people are a bit sentimental about money. Scandinavian countries can't even convince their people to use the euro.

However, if ApplePay starts accepting BTC I have this feeling that people would love to flash their shiny new golden iPhone every time they paid, and perhaps they would be more comfortable with filling that account with BTC rather than leaving that last bit of their life in apples hands as well.

Ok, tired now. Must go to bed. Guessing you will read this in the morning anyway. Good night!

[ChartBuddy]

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