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

[g3rszpi]

I think this should count as bearish news:
http://www.coindesk.com/survey-consumers-bitcoin-inconvenient-checks/

Surprise surprise... a payment method that most people don't accept is viewed as inconvenient.

Yeah, that internet. You need a computer, then you need a modem and the drivers won't install and all those PPP settings and dial strings. And it ties up your phone line and your kid picks up and you disconnect.

Never gonna catch on

I miss those times lol

[sAt0sHiFanClub]

Man, I'd be delighted to get some cheap(er) coins at $250! But alas, the price stays consistently above $280.
PS: the FUD trolls are getting less ambitious by the day! That is, if they show up at all. Whatever happened to that guy that said there would be double-digit bitcoin on the way!? Oh, well.

God love the hopium trolls. "I dont care how much it is!! I wanna buy it, because 2.1 million coins!  Because anonymous!!  Because I've got beans n' ammo in my basement!!

 

[Richy_T]

Man, I'd be delighted to get some cheap(er) coins at $250! But alas, the price stays consistently above $280.
PS: the FUD trolls are getting less ambitious by the day! That is, if they show up at all. Whatever happened to that guy that said there would be double-digit bitcoin on the way!? Oh, well.

God love the hopium trolls. "I dont care how much it is!! I wanna buy it, because 2.1 million coins!  Because anonymous!!  Because I've got beans n' ammo in my basement!!

 

I need to buy some beans.

[Blazin8888]

Holy shit VPN coin out of China could be the next Tor..

The user is able to freely connect to the decentralized P2P VPN network freely through ways they choose. This allows for increased security. The static verification of identity can lead to security breaches, potentially causing the leak of sensitive information. Bitnet verifies the “identity” of its users dynamically through the blockchain, where the ever-changing credentials to log in are securely stored.

All of this information is also completely anonymous. Connection to a VPN node through Bitnet is virtually invisible because this network is decentralized. Once connected, you can see what they see, while nobody else can see you. This VPN is, in ways, the “first civilian TOR.”

Bitnet also enacts a unique domain system with virtually infinite possible combinations. The domain names are as follows: http://(wallet-address) without the parentheses.

Any business or enterprise may set up their own website on Bitnet with the only cost being server utilities. There is no required domain registration fee. Since this is P2P, a business may trade even outside of its regional limitations. This is especially useful in a communist state like China, where censorship is such a problem. You can see what you deem fit, not what the government deems fit for you. The list of applicable uses for Bitnet goes on from P2P instant messaging and phone systems; there’s a plethora of useful feature to use.
Tor and I2P are two similar projects to Bitnet. However, Tor and I2P receive heavy government and private funding because of their applicable uses in privacy and security. The developers behind Bitnet hope to create the third multi-node, decentralized client of importance.

In this sense, Bitnet really is a civilian implementation of Tor. Unlike the previous two, Bitnet is Chinese. Tor and I2P are American in origin and not necessarily tailored to the needs of people who need decentralized anonymity in the world. Bitnet comes in as a personalized system that can be suited to the needs of the individual user.

VPNCoin is the driving force behind Bitnet. It’s the epicenter of the utilities included in the client because the client is first and foremost an alt-coin wallet. It goes deeper than that, though. A decentralized trade market is embedded in Bitnet. Its intrinsic currency is obviously going to be VPNCoin.

[GaliX]

Holy shit VPN coin out of China could be the next Tor..

The user is able to freely connect to the decentralized P2P VPN network freely through ways they choose. This allows for increased security. The static verification of identity can lead to security breaches, potentially causing the leak of sensitive information. Bitnet verifies the “identity” of its users dynamically through the blockchain, where the ever-changing credentials to log in are securely stored.

All of this information is also completely anonymous. Connection to a VPN node through Bitnet is virtually invisible because this network is decentralized. Once connected, you can see what they see, while nobody else can see you. This VPN is, in ways, the “first civilian TOR.”

Bitnet also enacts a unique domain system with virtually infinite possible combinations. The domain names are as follows: http://(wallet-address) without the parentheses.

Any business or enterprise may set up their own website on Bitnet with the only cost being server utilities. There is no required domain registration fee. Since this is P2P, a business may trade even outside of its regional limitations. This is especially useful in a communist state like China, where censorship is such a problem. You can see what you deem fit, not what the government deems fit for you. The list of applicable uses for Bitnet goes on from P2P instant messaging and phone systems; there’s a plethora of useful feature to use.
Tor and I2P are two similar projects to Bitnet. However, Tor and I2P receive heavy government and private funding because of their applicable uses in privacy and security. The developers behind Bitnet hope to create the third multi-node, decentralized client of importance.

In this sense, Bitnet really is a civilian implementation of Tor. Unlike the previous two, Bitnet is Chinese. Tor and I2P are American in origin and not necessarily tailored to the needs of people who need decentralized anonymity in the world. Bitnet comes in as a personalized system that can be suited to the needs of the individual user.

VPNCoin is the driving force behind Bitnet. It’s the epicenter of the utilities included in the client because the client is first and foremost an alt-coin wallet. It goes deeper than that, though. A decentralized trade market is embedded in Bitnet. Its intrinsic currency is obviously going to be VPNCoin.

this is not the shitcoin dicussion threat..

[LFC_Bitcoin]

Man, I'd be delighted to get some cheap(er) coins at $250! But alas, the price stays consistently above $280.
PS: the FUD trolls are getting less ambitious by the day! That is, if they show up at all. Whatever happened to that guy that said there would be double-digit bitcoin on the way!? Oh, well.

Yeah that was hilarious. He's probably abandoned that account & signed up with an alt to save him the embarrassment of being quoted.

I'm not 100% sure but I think we may have found a new bottom at 270 USD or somewhere close so I think your 250 USD hope may have gone. I still think anything below 300 USD is cheap when you consider the possibilities the future may bring

[dreamspark]

We're going down. Target $260 imo.

[GaliX]

We're going down. Target $260 imo.

perma bulls don't care what you think!

2014 was just a big Bullflag! Bitcoin will always go up!

kk?

[inca]

We're going down. Target $260 imo.

perma bulls don't care what you think!

2014 was just a big Bullflag! Bitcoin will always go up!

kk?

Place your bets. Bulls still standing. Bears rekt' in last 8/52.

[podyx]

So Etherum just got added on Kraken.com ?

Very interesting how the price is going to develop for ETH...

So much about the hype about Ethereum being a Bitcoin add on and not a competing currency.

Color me shocked. 

Vitalik said Ethereum was not a competing currency to Bitcoin, but either panic dumped his IPO Bitcoins or deliberately sold them at times he knew would do the most possible damage to Bitcoin's price, like immediately after the Bitstamp hack. I hope he doesn't use his founder Ethereum stake to do more damage to Bitcoin's price.

I remember that.

Can you short Ether on Kraken?

[Hyperjack]

Gotta love the 2 month btc chart...next level up within a couple weeks $$$ 

[Calabi–Yau Manifold]

We're going down. Target $260 imo.

260? No, but 275-280$ - yes

[inca]

We're going down. Target $260 imo.

260? No, but 275-280$ - yes

Funny how the guys who sold are saying the price is dropping. Meanwhile the price is down a whole 2-3 dollars today and flat.

Shorts up to 11,500. Excellent. A bit more fuel for the permabull party.

[ask]

We're going down. Target $260 imo.

260? No, but 275-280$ - yes

Funny how the guys who sold are saying the price is dropping. Meanwhile the price is down a whole 2-3 dollars today and flat.

Shorts up to 11,500. Excellent. A bit more fuel for the permabull party.

You are reading my mind

[dreamspark]

We're going down. Target $260 imo.

260? No, but 275-280$ - yes

Funny how the guys who sold are saying the price is dropping. Meanwhile the price is down a whole 2-3 dollars today and flat.

Shorts up to 11,500. Excellent. A bit more fuel for the permabull party.

Who said I've sold? Its speculation based on my own TA and alaysis.

To back your idea that this is the bottom of this dip come up with something better than shorts at 11.5k.

Shorts are near their lowest levels since dec 14 whereas 30 mill+ of longs is all time high area!

Price movement doesn't happen all in one second. $3 a day for the next week puts us down to around where I have bids and will go long again.

[inca]

We're going down. Target $260 imo.

260? No, but 275-280$ - yes

Funny how the guys who sold are saying the price is dropping. Meanwhile the price is down a whole 2-3 dollars today and flat.

Shorts up to 11,500. Excellent. A bit more fuel for the permabull party.

Who said I've sold? Its speculation based on my own TA and alaysis.

To back your idea that this is the bottom of this dip come up with something better than shorts at 11.5k.

Shorts are near their lowest levels since dec 14 whereas 30 mill+ of longs is all time high area!

Price movement doesn't happen all in one second. $3 a day for the next week puts us down to around where I have bids and will go long again.

True there is a lot of long leverage in the system. But that is a consistent feature of bitcoin and doesn't necessarily mean we are at extremes. I suspect a lot of the long position on finex is actually held in bitcoin.

[esse83]

Tokyo police found Willy 

http://pastebin.com/2VRpExPW

[pinky]

Tokyo police found Willy 

http://pastebin.com/2VRpExPW

But he said he was sorry.

[kevindurant]

We're going down. Target $260 imo.

260? No, but 275-280$ - yes

No, you both wrong. 280$ is the great resistance. We can't go down anymore.

[Hyperjack]

We're going down. Target $260 imo.

260? No, but 275-280$ - yes

Funny how the guys who sold are saying the price is dropping. Meanwhile the price is down a whole 2-3 dollars today and flat.

Shorts up to 11,500. Excellent. A bit more fuel for the permabull party.

Who said I've sold? Its speculation based on my own TA and alaysis.

To back your idea that this is the bottom of this dip come up with something better than shorts at 11.5k.

Shorts are near their lowest levels since dec 14 whereas 30 mill+ of longs is all time high area!

Price movement doesn't happen all in one second. $3 a day for the next week puts us down to around where I have bids and will go long again.

The bottom was awhile ago...wake up! called the vwap reversal at under 230 $$$
cheers!