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

[GaliX]

bitcoin in it's current form is not really an advantage in a normal day to day use... Credit Cards and PayPal have their issues yes but it's not like they are that bad that everybody in this world would have to switch to switch to something which requires 30min conformations before completing the TX...

Try to send money from Brasil to Denmark for example... It will take days. Xapo, Bitstamp (with debit card)... solves that in a matter of hours.

ofc if you wire it, it will take for ever...

But with PayPal or a Credit Card it would be there instantly. Ofc the fees are higher and it can be frozen or whatever but tbh. I rarely send money outside of my country and if I do it's not a big issue if a SEPA takes 2 days and I haven't heard of anybody I know that his transaction was frozen...

And if you leave out the substituted Blockreward out, as BTC trasnaction currently would cost like ~30$ ...

[inca]

Did I miss the bottom?

Edit: gotmilk i agree with your sentiments about the move down from 400, though i would say from the high 680s if you look at the bitfinex leverage levels.

[BlackSpidy]

Almost back to over $280 in most (important) exchanges ^{sorry, BTC-e}. Not a surprise, but damn it, I was really hoping to buy bitcoins at $275! Next time... if there is a next time.

[Greendragon]

Try to send money from Brasil to Denmark for example... It will take days. Xapo, Bitstamp (with debit card)... solves that in a matter of hours.

Gotmilk_, I've invented a technology that instantly sends Hula Hoops to Nigeria, from anywhere in the world!
The only thing standing between me and billions is ...doesn't seem like too many folks who *need* to send Hula Hoops to Nigeria
Have you considered how many people need to send money from Brazil to Denmark on regular basis?

drug dealers?

[Dump3er]

Yeah, I'm constantly wrong since ~800.  

That's exactly what I mean. I remember exactly the same responds by the perma Bulls when we were at 800$, 600$ and 400$...

Thinking back I am laughing my ass off when everybody was "hodling" when the bubble started to burst rapidly... All the 300 "Hodl" pictures on Reddit, they were all soooooo wrong..
It's amazing how people think this is a clear multiyear Bullflag because if you log at the log chart it starts from 0,01$ and we are above it.

That's one of the most important bearish aspects I still see...this behavior hasn't changed and the remaining wannabes are still repeating what they did before...

...of course there are some people here I would left aside since they see Bitcoin more as a religion and dont care so much about the price. But these people also don't shout out their own delusion, are calling out crazy price spikes (always tomorrow or at least next week) and don't rule out any further bearish market movements.

The market still has to liberate itself from all those lemmings...

[BlackSpidy]

Try to send money from Brasil to Denmark for example... It will take days. Xapo, Bitstamp (with debit card)... solves that in a matter of hours.

Gotmilk_, I've invented a technology that instantly sends Hula Hoops to Nigeria, from anywhere in the world!
The only thing standing between me and billions is ...doesn't seem like too many folks who *need* to send Hula Hoops to Nigeria
Have you considered how many people need to send money from Brazil to Denmark on regular basis?

How many people would like to instantly send money from the any country to Mexico? The answer is Lots, at least 280 million dollar's worth a year. Imagine sending $100,00 to anywhere in the world, and only needing to place a $0.40 fee. Gee, looks a lot more convenient than your FUD-troll ass makes it out to be.

[Greendragon]

"You have reported 190 posts with 91% accuracy"

...while being a bitter, butthurt faggot 100% of the time.

@Greendragon:  Why would drug dealers want to send money from Brazil to Denmark?  Just how big of a drug market is Brazil?

Prostitution money.
holla

[slap]

...
Have you considered how many people need to send money from Brazil to Denmark on regular basis?

Here's an example: http://youtu.be/IBWH7Sea3Xo

[Ivanhoe]

"You have reported 190 posts with 91% accuracy"

Take the hint..

" You have reported 137 posts with 86% accuracy".

You are doing better than me inca. In a few moments the mentally disordered can make a new account again. What was the point where it all went wrong in it's life?

[Greendragon]

No my retarded friend.
If bitcoin is used by 'few' people and becomming bigger that snapchat it will be at $2k+.

[Ivanhoe]

"You have reported 190 posts with 91% accuracy"

...while being a bitter, butthurt faggot 100% of the time.

@Greendragon:  Why would drug dealers want to send money from Brazil to Denmark?  Just how big of a drug market is Brazil?

Prostitution money.
holla

You know that one of the biggest reasons for trolling is boredom do you? So you might question your own life...

I conclude that you do not have any significant activities in your life besides trolling an internet board.

[Greendragon]

No my retarded friend.
If bitcoin is used by 'few' people and becomming bigger that snapchat it will be at $2k+.

Bitcoin is becoming more regulated, the perceived advantage it had back in SilkRoad days is vanishing.  That bird has flown
Good luck with yr D4rkWeb hooker dreams tho - shit just 2spooky4me.

Bitcoin is made as it is today due criminals just like the banking system.
You should show some respect.

[ChartBuddy]

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Explanation

[BrewCrewFan]

Wheres my double digit coins damn it?! Is this the end of bitcoin?

/sarcastic.

[Ivanhoe]

No my retarded friend.
If bitcoin is used by 'few' people and becomming bigger that snapchat it will be at $2k+.

Bitcoin is becoming more regulated, the perceived advantage it had back in SilkRoad days is vanishing.  That bird has flown
Good luck with yr D4rkWeb hooker dreams tho - shit just 2spooky4me.

Bitcoin is made as it is today due criminals just like the banking system.
You should show some respect.

"Study finds internet trolls suffer from personality disorder traits"

"A research paper completed by Erin Buckels of the University of Manitoba with the help of  two colleagues looked at how Internet trolls stack up against the Dark Tetrad.

The Dark Tetrad encompasses Machiavellianism, a willingness to manipulate and deceive others, narcissism, which is egotism and self-obsession, and psychopathy the lack of remorse and empathy and sadism,  the pleasure in the suffering of others.

"Overall, strong positive associations emerged among online commenting frequency, trolling enjoyment, and troll identity, pointing to a common construct underlying the measures," according to the paper's abstract."


I know it's hard for you Lambie, life. These things develop from bad things in the youth, emotionally neglected or abuse for example. It's not too late for you. Just go into therapy and you will feel better. We bitcoiners support you with your emotional difficulties, we know you can do it!

[noobtrader]

will price rebound to 284 as if the 1000 btc dump never happend ? 

[inca]

"You have reported 190 posts with 91% accuracy"

Take the hint..

" You have reported 137 posts with 86% accuracy".

You are doing better than me inca. In a few moments the mentally disordered can make a new account again. What was the point where it all went wrong in it's life?

Nice to see you ivanhoe. Just a reflex for me now.

[var53]

Ashley Barr, A.K.A "Adam Turner", the first Mt.Gox employee (Jun/2011--May/2012), is doing an Ask Me Anything (AMA) session on reddit.

Thank you for the link, if what he says is true, Karpeles should have been jailed in 2012.

That ex-MtGox employee's story confirms how badly MtGox was run. If it's true all the customer's fiat was put in the same bank account as MtGox's fiat and Mark Karpeles personal fiat.  Mark Karpeles was the only person with access to the bank account, and even worse the MtGox Bitcoin wallets. If he had died all the Bitcoins would have been lost.

Also, the company was spending more than it was earning, and Mark Karpeles refused to explain how it could remain solvent to his employees.

we learned that Mark only had one bank account, shared with Mt.Gox's customer deposits.

...

... but when I finally gathered a small group of employees to pressure Mark into answering how we spent more money than we've made, his answer was simply: "My grandmother lives in a castle in switzerland". That was it. That was all, we couldn't get him to explain it. He just ignored the rest of our inquiries. It. was. insane.

...

Yes, my belief was he was using customer deposits to support his lifestyle (many stories there) and that of the company without audit.

[inca]

this emperor ain't got no clothes

Double negative? So he is wearing clothes, yay!

[ChartBuddy]

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