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

[galdur]

An artist or an ape?

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4

[1714672917]

1714672917

[1714672917]

1714672917

[nioc]

elephant?

[makeacake]

An artist or an ape?
...

Whatever it is, turn on the gas!

[Elwar]

the First Halvening was epic partytime.

Well, it wasn't. 

It happened on 2012-11-28, and the price didn't budge for 5 weeks. 

Then a  rally started, that peaked on Apr/2013... pulled by BTC-China, which
had just ben taken over by Bobby Lee, and explained as the "discovery" of bitcoin
by the Chinese amateur commodity speculators.

Correlation does not imply causation.  Lack of correlation is strong evidence of lack of causation...

The price certainly did begin its rise after the halving and everyone realized Bitcoin wasn't going to crash and burn as many had predicted.

The theory being that when the reward was halved, a majority of the miners would stop mining and the few remaining miners would never be able to solve the next block due to the "high" difficulty.

I believe the price was kept low preceding the halving due to concerns of the unknown. This time around we do not have such concerns so the price will not be kept down before the next halving.

[ChartBuddy]

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[JayJuanGee]

ya.. so 350 in the next 26 hours  

When volume is weak like this... why bid things up? What's the rush?

We were comfortable at $220 not that long ago, $320 is a hard pill to swallow without substantial changes in the atmosphere. We need resolution from the 200k gox dagger above our heads... then comes max_block_size increases and the halvening, everybody's just buying/selling discount or premium tickets to that, at the moment.

Edit: "Fine, bid things up then."

I'm not sure about whether as of yesterday I would have agreed that we had reach "low volume,"  because we need to look over a larger time-frame than merely a few hours of performance and the past several days have had volumes (on stamp) of well over 20k per day... which is very respectable.

Now, the current daily candle is adding up to a really low number. (maybe far lower than 10k, which certainly meets a definition of "low" on a daily scale).. and I wonder if we are going to experience a few low days like this, or if there are some big players waiting in the wings to continue the BTC price battle.

If trade volume stays down like this for several days, then possibly the BTC market would be content with a mid $320s floating point? 

I still tend to conclude that if BTC trade volume has truly gone down then traders are relatively happy with the current price point.  Accordingly, we have to wait a few days to verify whether interest in trading has really and truly subsided.

I predict that it's more likely than not that we are going to witness additional battling over the price and BTC price surges (of 8% or more up or down) on or before black friday....

maybe 70% yes and 30% no.... Any thoughts?

@ Adam:     maybe a new poll is in order, no?

[ChartBuddy]

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[ChartBuddy]

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[Spaceman_Spiff]

An artist or an ape?

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4

I'll play.  1 and 3 ape, 2 and 4 artist?

[galdur]

An artist or an ape?

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4

I'll play.  1 and 3 ape, 2 and 4 artist?

Good try Spaceman. You´re close.

1, 3 and 4 Untitled by Congo the Ape

2 Yellow, Gray, Black by Jackson Pollock

[Cconvert2G36]

To be technical, all 4 are the work of apes. 

[Fatman3001]

This type of quiz is used by ignorant dumbasses to demonstrate to other ignorant dumbasses that degenerate art is shit, and 'a fucking chimp can do it.'

Fuck you lambie!!! Stop talking sense!!!

I don't know what world I'm living in anymore!!!

[Fatman3001]

The last name appears to be Polish in origin, and there are many Jews who also have that last name, so it's just your typical, Jewish, pro-central banking, anti-all alternatives shills.

I've uncovered that her associate spammers that are creating hundreds of anti-bitcoin spam accounts per day are also Jewish in origin.  What a hilariously predictable outcome.  Lambchop is also likely a lesbian from her aggressive anti-male attitude, which is another reason she hates Bitcoin, because Bitcoin is entirely male.

Because when even your cat is probably a nazi

The law has been repealed. We're free!!

http://www.dailydot.com/opinion/donald-trump-nazi/

[galdur]

An artist or an ape?

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4

I'll play.  1 and 3 ape, 2 and 4 artist?

Google image search tells us that all but #2 are Congo the chimp, with #2 being an obvious Pollock.

This type of quiz is used by ignorant dumbasses to demonstrate to other ignorant dumbasses that degenerate art is shit, and 'a fucking chimp can do it.'
Of course, had they seen some fancy looking mathematical formulae, they won't be able to tell gibberish from genius either.

FfffFFuck you!
Hey you!
You call this a hamburger?
Well, I don't call this a hamburger
Hell, I can make a better hamburger with my asshole
Who told you you knew how to cook anyway?

And you call this cup of shit coffee
I'd rather drink from the dick of a goat --Hamburger Martyr

Nono, the purpose is to provoke some weirdos to shout that it´s done for some weirdo purposes when the hidden agenda is just to have a little chuckle.

[ChartBuddy]

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[adamstgBit]

[im g]http://s30.postimg.org/fkdulerlt/Untitled.png[/img]

NO PROBLEM I LIKE YOUR PREDICTION

 


i think it's something special to know it
make me scared if i did'nt have 1BTC

not sure why anyone would have anything less then like 5%. in BTC and why not some ETH and GGGcoin LOl

[goldsun]

Where are we heading now? Up? Down? Sideway?

It's so annoying to watch the price be around the same. I wish it could go up to spike up some rally again.

[makeacake]

...
Nono, the purpose is to provoke some weirdos to shout that it´s done for some weirdo purposes when the hidden agenda is just to have a little chuckle.

Priceless. You're the one calling the Paris massacre "false flag," right?

@goldsun: there are other coins, you know

[ssmc2]

Where are we heading now? Up? Down? Sideway?

Yes

Confirmed

[galdur]

...
Nono, the purpose is to provoke some weirdos to shout that it´s done for some weirdo purposes when the hidden agenda is just to have a little chuckle.

Priceless. You're the one calling the Paris massacre "false flag," right?

@goldsun: there are other coins, you know

Don´t recall calling it a false flag. Why don´t you show me where I´m supposed to have done that.