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

[hdbuck]

http://www.coindesk.com/lawsky-bitlicense-will-be-finalized-by-end-of-may/

Looks like another late May pump is coming

I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released.

There are always 2 faces in the same coin. IMHO, Bitcoin NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption.

you NEED to go to bed.

Also, drop the mass adpotion crap.

It's morning here buddy. It's 10:00am and I'm up since 05:50... and WTF is ad-potion? 

yea well get your head clear, how shameful it is to appeal on regulation and mainstreaming.

This is Bitcoin!

[Fatman3001]

http://www.coindesk.com/lawsky-bitlicense-will-be-finalized-by-end-of-may/

Looks like another late May pump is coming

I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released.

There are always 2 faces in the same coin. IMHO, Bitcoin NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption.

you NEED to go to bed.

Also, drop the mass adpotion crap.

It's morning here buddy. It's 10:00am and I'm up since 05:50... and WTF is ad-potion?  

Come on man! Don't you understand that when the state falls Bitcoin is gonna be the currency of the free? It's the only thing that will work! The magic of the internet will superseed the need for statist infrastructure!

Jeeeeeeez!

[macsga]

On other news, volume is minimal and even a 40BTC buy could move $2 the price up (Finex). Anyone for "pump it" round two?

[ChartBuddy]

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[ChartBuddy]

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[Fatman3001]

No volume on finex today: 3236 vs 2994 on stamp and 2454 on BTC-E

[Fatman3001]

Absolutely everything else is already taxed and regulated (or made illegal). Can't we have one, just one tiny little thing which isn't? You know...if stuff can't get by without being regulated by people who had no part in creating and maintaining it, if it is absolutely necessary to have oversight by people whose reward is in no way connected to their performance, if it really absolutely positively can't work that way - why worry? Let it serve as an example, a final undeniable argument that indeed you can't have nice things without government oversight and regulation. I mean the result is obvious and certain and it would serve as a bulletproof argument and example against these crazy anarchist libtards who keep on insisting on ridiculous concepts like being able to make your own decisions while accepting responsibility for them. It would show them once and for all that it simply can't work. People are too greedy and stupid to be left to make their own decisions, we need other greedy and stupid people to make the decisions for them, because putting greedy and stupid people into positions of power with unlimited resources and zero responsibility makes them altruistic and smart, this is a well-known fact which has been proven again and again, just like the fact that nothing can exist without government regulation.

Bitcoin is like the gateway drug of crypto. Just to get them started, and then once they're comfortable you start mixing in some coin-join and ring signatures...

The transparent ledger allows them the illusion of control, but once people have gotten that first taste of what bitcoin can offer, they'll be hooked. At that point, if they try to regulate too heavily, people will just fork the code or move on to an alt that can't be regulated.

Regulation is a problem that will solve itself, one way or the other.

I think that's pretty much right. Even if the BitLicense isn't to everyones taste, I genuinely believe the Lawsky team are trying to give Bitcoin as much room as possible. Same with London. What they realize (or should realize) is that if they go too far, other countries will take the lead on this and leave them behind. That's one of the real strengths of Bitcoin. Not that governments can't do anything about it, because they can. But Bitcoin isn't dependent on one state. If New York or London doesn't want it, there are plenty of other places that will take it to heart. So why fight it?

[BayAreaCoins]

Feeling a 2am little momentum in the force!

Futures increasing!

[Fatman3001]

Feeling a 2am little momentum in the force!

Futures increasing!

Low volume pumps scares me a bit. But then again, less chance of breaking 150 on the way down.

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[Fatman3001]

No volume on finex today: 3236 vs 2994 on stamp and 2454 on BTC-E

Finex=3964
Stamp=4737
BTC-E=3194

[BayAreaCoins]

No volume on finex today: 3236 vs 2994 on stamp and 2454 on BTC-E

Finex=3964
Stamp=4737
BTC-E=3194

Not as many folks rushing in line to short Bitcoin 

[ChartBuddy]

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Explanation

[Fatman3001]

No volume on finex today: 3236 vs 2994 on stamp and 2454 on BTC-E

Finex=3964
Stamp=4737
BTC-E=3194

Not as many folks rushing in line to short Bitcoin 

Considering that finex is short-central that's true I guess. Thanks for finding the silver lining!

[ChartBuddy]

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[noobtrader]

the price is so flat these last few days, i wonder if we will see more sudden pump like what happen last time

is it true that whale are now conducting test pump ?

[ChartBuddy]

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[Sitarow]