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

[TakeTheSkyRoad]

Been sideways for a week now. Spent 4 days in the bush without internet access and didn't miss a thing.

Your toaster is now sentient.

[1715291214]

1715291214

[1715291214]

1715291214

[TakeTheSkyRoad]

Daily moving averages look to cross over again,

It's a tarp, we are going up again 

Ok I'm bored....

[Bagatell]

[LFC_Bitcoin]

A move up to 235 then, hmmmmmmm.
The price just keeps floating between 230 & 240 lately.
Seems to be very manipulated.
What happened to the huge daily rises & falls.
Very boring lately.

[atlosas]

A move up to 235 then, hmmmmmmm.
The price just keeps floating between 230 & 240 lately.
Seems to be very manipulated.
What happened to the huge daily rises & falls.
Very boring lately.

By manipulation you mean not doing anything?

[ChartBuddy]

Coin
Explanation

[Hyperjacked]

http://www.newsweek.com/dea-seizes-50-million-worth-heroin-and-2-million-cash-record-setting-drug-bust-333842


Dollar ded?

Woah, looks like there's going to be a short term drought and there'll be a significant markup on the remaining supply. Addicts are gonna have a tough time until this can filter back in. That was the frickin motherload, holy crap!

Hey Chef, That's not a lot of money...!
Why did you bash my buddy Al Pacino on Twitter about his lasagna dish? If Al and I was cooking for your sorry butt I would take your apron and tell you to sit down and enjoy our Nutella and fluff sandwich and keep quite cause you lose in our house...

[empowering]

http://www.theguardian.com/world/2015/may/20/russia-threaten-ban-google-twitter-facebook-bloggers-law

[galdur]

NYSE launches a bitcoin index

By Brett Molina May 19, 2015 10:34 am

The New York Stock Exchange is launching an index for tracking bitcoin, adding a new layer of credibility to the rising cryptocurrency.

In a statement released Tuesday, the exchange says the NYSE Bitcoin Index (NYXBT) will track the U.S. dollar value of one bitcoin based on how the currency trades at select exchanges.

“Bitcoin values are quickly becoming a data point that our customers want to follow as they consider transacting, trading or investing with this emerging asset class,” said NYSE Group President Thomas Farley in a statement.

The announcement of a bitcoin exchange follows details of a plan that will make trading the currency much easier. Last month, software company AlphaPoint unveiled a service that gives users access to 20 bitcoin exchanges through one account.

http://americasmarkets.usatoday.com/2015/05/19/nyse-launches-a-bitcoin-index/

[Sitarow]

[bassclef]

It always seems like there's a few guys who collected a ton of coins trading the last big movement, missed the boat to fully cover and are now intent on losing it all by bossing the price in the direction that they traded last, trying to stop the correction because they are overconfident and still heavily leveraged the wrong direction in futures.

News flash, this never works.

[Natalia_AnatolioPAMM]

http://www.newsweek.com/dea-seizes-50-million-worth-heroin-and-2-million-cash-record-setting-drug-bust-333842


Dollar ded?

will they auction the seized dollars for BTC?

oh, I bet they'd love to

[ChartBuddy]

Coin
Explanation

[Morecoin Freeman]

What do you do for a girl in a revolving door?

[ChartBuddy]

Coin
Explanation

[YourMother]

Bitcoin bored the fuck out of me so much in the past days that i even had time to invent this




This device is mining for bitcoins and, unlike the inefficient toasters from 21 Inc. that still use great amounts of electricity, this one is mining for bitcoins while you perform this simple act of shitting. You also have a slot in the back for the newest Home Battery manufactured by Tesla, in case you want to override the gyroscope based solid-to-liquid converter and hash the algorithms by up to 20x faster. Anyways, i won't write the technical white paper in here. For that you can access the project on Kickstarter.

As a dev, considering the experience that i had so far with BitColon, i would say that this is very bullish for Bitcoin. 

[BayAreaCoins]

...

Looks promising... buy buy buy!  

Good day on GBTC as well today.  Got bought over $300 per coin.

[ChartBuddy]

Coin
Explanation

[gentlemand]

An interesting detail from here

http://www.bloomberg.com/news/articles/2015-05-20/bank-regulator-lawsky-to-exit-with-new-york-6-billion-richer

Ben Lawsky stands down as New York's financial supernintendo

'The 45-year-old regulator plans to set up his own consulting firm in New York, advising financial institutions on matters related to technology, cybersecurity and virtual currency.'

Teensy conflict of interest there. He creates the problem and then charges for the solution.

[Fatman3001]

An interesting detail from here

http://www.bloomberg.com/news/articles/2015-05-20/bank-regulator-lawsky-to-exit-with-new-york-6-billion-richer

Ben Lawsky stands down as New York's financial supernintendo

'The 45-year-old regulator plans to set up his own consulting firm in New York, advising financial institutions on matters related to technology, cybersecurity and virtual currency.'

Teensy conflict of interest there. He creates the problem and then charges for the solution.

So basically, everyone who's forced to sit down and learn something about Bitcoin wants a piece of the action. Bullish...