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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373357 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 3 users with 9 merit deleted.)
JimboToronto
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April 20, 2015, 04:08:16 PM

Good morning Bitcoinland.

No Wall Street Monday yet I see, and no Dump of Doom.

Just more sideways. Ho hum.

At least the dancing walls supply a little entertainment.



What wall street money are you talking about?

Not "money", Monday.

Wall Street Monday is a mythical bullish event that Norway and a few others were anticipating for today.

It obviously didn't happen.
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Fatman3001
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April 20, 2015, 04:18:07 PM
Last edit: April 20, 2015, 09:00:45 PM by Fatman3001

You know what's more excruciating than a high volume dump down to $180?  A slow, 12 month grind down to $180.  From the average Joe, I'm sensing a huge amount of apathy for bitcoin right now, which sucks.

Why no apathy in the years before Jan 2013?  Are we still way above what can be supported?

I fear that if Bitcoin was what it is supposed to be you wouldn't have to ask the question. We would just see stable high volume on all exchanges. Instead we see the market and volume move according to the sentiments of speculators. If someone really needed BTC they would just buy it and use it without hanging out to see what the price would do. That doesn't mean that it can't sustain a highish price as a speculators plaything, but I would be more comfortable if speculators accounted for 10% of the volume, not 90-98%.

Edit: typo: can should be can't
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April 20, 2015, 04:28:33 PM

http:// lawandbitcoin. com/en/bitcoin-is-vat-exempt-in-spain/

moooooooooooooooooooooooooooooooooon
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April 20, 2015, 04:58:22 PM

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Norway
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April 20, 2015, 05:03:07 PM

Good morning Bitcoinland.

No Wall Street Monday yet I see, and no Dump of Doom.

Just more sideways. Ho hum.

At least the dancing walls supply a little entertainment.



What wall street money are you talking about?

Not "money", Monday.

Wall Street Monday is a mythical bullish event that Norway and a few others were anticipating for today.

It obviously didn't happen.

I admit it, I was wrong and will eat my hat!  Grin
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April 20, 2015, 05:23:27 PM

Good morning Bitcoinland.

No Wall Street Monday yet I see, and no Dump of Doom.

Just more sideways. Ho hum.

At least the dancing walls supply a little entertainment.



What wall street money are you talking about?

Not "money", Monday.

Wall Street Monday is a mythical bullish event that Norway and a few others were anticipating for today.

It obviously didn't happen.

I admit it, I was wrong and will eat my hat!  Grin

I'm guessing it's one of these?



I whish, lol!
JimboToronto
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April 20, 2015, 05:32:16 PM

Good morning Bitcoinland.

No Wall Street Monday yet I see, and no Dump of Doom.

Just more sideways. Ho hum.

At least the dancing walls supply a little entertainment.



What wall street money are you talking about?

Not "money", Monday.

Wall Street Monday is a mythical bullish event that Norway and a few others were anticipating for today.

It obviously didn't happen.

I admit it, I was wrong and will eat my hat!  Grin

I'm guessing it's one of these?



I whish, lol!

Too early for happy hour?

Try one of these:

noobtrader
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April 20, 2015, 05:33:20 PM

well at least the price stay at 224 range...  Embarrassed
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April 20, 2015, 05:38:26 PM

http:// lawandbitcoin. com/en/bitcoin-is-vat-exempt-in-spain/

moooooooooooooooooooooooooooooooooon

it's already vat-exempt in the UK afaik
luckygenough56
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April 20, 2015, 05:45:42 PM

it's when you want wall street
ChartBuddy
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April 20, 2015, 05:58:25 PM

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bassclef
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April 20, 2015, 06:09:14 PM

You know what's more excruciating than a high volume dump down to $180?  A slow, 12 month grind down to $180.  From the average Joe, I'm sensing a huge amount of apathy for bitcoin right now, which sucks.

Why no apathy in the years before Jan 2013?  Are we still way above what can be supported?

I fear that if Bitcoin was what it is supposed to be you wouldn't have to ask the question. We would just see stable high volume on all exchanges. Instead we see the market and volume move according to the sentiments of speculators. If someone really needed BTC they would just buy it and use it without hanging out to see what the price would do. That doesn't mean that it can sustain a highish price as a speculators plaything, but I would be more comfortable if speculators accounted for 10% of the volume, not 90-98%.

Speculation is a huge and vital part of every market. Big currency markets simply have large market caps (in the trillions) so they are less volatile. You need billions, not millions to manipulate those markets.

Bitcoin is still a very young market and is just beginning to show efficient price discovery mechanisms. You joined during a massive speculative bubble so your expectations are high. Give it time.
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April 20, 2015, 06:58:21 PM

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ChartBuddy
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April 20, 2015, 07:58:19 PM

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dakota neat
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April 20, 2015, 08:11:21 PM

bears run out of ammo. current price 225 - 4.8k to 240 / 7.7k to 210 @bfx
damiano
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April 20, 2015, 08:55:13 PM

bears run out of ammo. current price 225 - 4.8k to 240 / 7.7k to 210 @bfx

Patience

Shoulder isn't complete yet.

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April 20, 2015, 08:58:19 PM

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JorgeStolfi
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April 20, 2015, 09:09:16 PM

Sorry if this has been reported already: There are still no trades of BIT shares (GBTC) on OTCQX, but the top bids @ 40.00 $/share have been lowered to 38.00 $/share and some other lower price (can't figure out which).
phoenix1
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April 20, 2015, 09:57:01 PM
Last edit: April 20, 2015, 10:09:47 PM by phoenix1

You know what's more excruciating than a high volume dump down to $180?  A slow, 12 month grind down to $180.  From the average Joe, I'm sensing a huge amount of apathy for bitcoin right now, which sucks.

Why no apathy in the years before Jan 2013?  Are we still way above what can be supported?

I fear that if Bitcoin was what it is supposed to be you wouldn't have to ask the question. We would just see stable high volume on all exchanges. Instead we see the market and volume move according to the sentiments of speculators. If someone really needed BTC they would just buy it and use it without hanging out to see what the price would do. That doesn't mean that it can't sustain a highish price as a speculators plaything, but I would be more comfortable if speculators accounted for 10% of the volume, not 90-98%.

I'm going to +1 this so you understand the depth of my approval here. But I will delete it before the mods see it.

Yeh,  will give a +1 too and await deletion. I posted this morning agreeing with the more active moderation of this thread. Post deleted. Now starting to wonder (speculate ... speculation forum) what the objective really is. Some clarification is definitely required IMO as it is is now starting to feel like censorship. First rule of Wall Observer - don't talk about post deletion ... does not work for me.
Perhaps we should open a seperate thread about it and see what happens to that.
If it is an active attempt to 'mould' this thread, well, ain't much point in typing here any more. I thought this was what Bitcoin was all about ... some kind of freedom, and this thread, a place to speak openly  Undecided
(though I agree that intentional unwarranted denigration and incessant trolling is a plague that needs to be eliminated)
Lets see how long this post lasts ...

What is  'on-topic' when there is more activity in post-deletion than in the market ??

FWIW, interesting to see bid side building on BFX. Looks like we might have a little push up to $23X. Not sure it will hold though
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April 20, 2015, 09:58:17 PM

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