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

[ChartBuddy]

Coin
Explanation

[Coinshot]

Sometimes I think the best thing would be for Satoshi to just dump all his coins right now, take us back to double, maybe single digits and really test the limits of this market.

I hope you were just exaggerating... because if Satoshi were to fully dump his/her/its holdings, I have little hope that bitcoin would rise back up... simply because most people here are not believers, but rather, just in it for the money.

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

Sometimes I think the best thing would be for Satoshi to just dump all his coins right now, take us back to double, maybe single digits and really test the limits of this market.

I hope you were just exaggerating... because if Satoshi were to fully dump his/her/its holdings, I have little hope that bitcoin would rise back up... simply because most people here are not believers, but rather, just in it for the money.

The worst thing that happened to bitcoin was the fast price increase.  It turned it from an experimental currency into a pyramid schema, created an absurdly overinflated and overconcentrated mining industry, got the system to depend on a steady supply of new coin buyers instead of actual users, attracted many scammers and heckers, and snake oil salesmen...

[ChartBuddy]

Coin
Explanation

[KryptoFoo]

New week looking great so far.

Nasdaq running bitcoin pilot on bitcoin block chain

http://www.wsj.com/article_email/a-bitcoin-technology-gets-nasdaq-test-1431296886-lMyQjAxMTE1MzEyMDQxNzAwWj
https://mobile.twitter.com/mikejcasey/status/597567234056159234

[galdur]

The persistent problem still remains - no volume. At least in financial market terms this is just chicken feed.

And without volume obviously you have no buying to maintain any meaningful price. Will that ever change, will bitcoin ever trade on any exchanges that any real money can take seriously? Only time will tell.

Good luck, g

[ChartBuddy]

Coin
Explanation

[BlackSpidy]

It's still early days. We're gonna see some awesome things in 2016. 2015 is the calm before the storm. I know that bitcoin (and maybe some altcoins, who knows?) is destined to play a big part in the future. It's too damn easy to use and convenient. Only crazy people think it's a complete failure.

[ChartBuddy]

Coin
Explanation

[Sitarow]

[Stevenirving]

Final dump before the pump to the 250s

[ChartBuddy]

Coin
Explanation

[molecular]

Sometimes I think the best thing would be for Satoshi to just dump all his coins right now, take us back to double, maybe single digits and really test the limits of this market.

I hope you were just exaggerating... because if Satoshi were to fully dump his/her/its holdings, I have little hope that bitcoin would rise back up... simply because most people here are not believers, but rather, just in it for the money.

It would be quite a redistribution of coins. But I think bitcoin would rise again afterward. Probably rather quickly, too.

[jl2012]

[This is quite new. No spoilers please]

A clip for you all, turn on speaker

Background:

When: 9 May 2015
Where: Guizhou, China
Who: 80 cops
What: Rehearsal for the "Chinese Dream" event

https://www.youtube.com/watch?v=5TdARfnvSDg

[molecular]

https://www.youtube.com/watch?v=5TdARfnvSDg

oh shit! (not a spoiler, is it?)

[ChartBuddy]

Coin
Explanation

[oser41eric]

Final dump before the pump to the 250s

My coin has not hit the market yet. Within 48 hours the price will be 220 :/

[inca]

Final dump before the pump to the 250s

My coin has not hit the market yet. Within 48 hours the price will be 220 :/

Let's see. It took bear whale another ~7k to keep the price at 240 over the weekend. No one is shorting these declines. Retail is either underwater or scared to get caught again.

[ChartBuddy]

Coin
Explanation