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

[mOgliE]

It's like the beginning of a Western. No action for far too long.

[Karartma1]

It's good for merchants: they know what they get. No bots moving the price in China, no volume, no price fluctuations.
Enjoy the dust rolling now. 

[ChartBuddy]

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Explanation

[coinzat]

I used to notice that btc-e.com usually has less price that other english exchanges,
but now, its price is more $2 above others like bitfinix and bitstamp

bitfinix  = 392.5
btc-e = 394.8

[suda123]

It's like the beginning of a Western. No action for far too long.

[ChartBuddy]

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Explanation

[sAt0sHiFanClub]

Ok. So let me get this straight.

You are walking up a hill, with a knapsack on your back filled with 4 concrete blocks. Its tough going.
A guy comes up to you ( lets call him Adam) and says "Don''t be a fool, let me make that easier for you".
So the guy removes 2 of the blocks from the knapsack, and puts them under your arms instead.
"Now", says the guy, "Isnt that much easier? You have half the weight, and lots of extra capacity in your bag - win-win, eh?"
"But its the exact same weight! - in fact its a little more difficult to carry these under my arms"
Guy says, "Dont be an idiot - look at your bag. Thats clear evidence of the improvement"
"Oh, i guess...."

[ZephramC]

Ok. So let me get this straight.

You are walking up a hill, with a knapsack on your back filled with 4 concrete blocks. Its tough going.
A guy comes up to you ( lets call him Adam) and says "Don''t be a fool, let me make that easier for you".
So the guy removes 2 of the blocks from the knapsack, and puts them under your arms instead.
"Now", says the guy, "Isnt that much easier? You have half the weight, and lots of extra capacity in your bag - win-win, eh?"
"But its the exact same weight! - in fact its a little more difficult to carry these under my arms"
Guy says, "Dont be an idiot - look at your bag. Thats clear evidence of the improvement"
"Oh, i guess...."

Replace concrete blocks by (expanded) polystyrene blocks. Or with inflatable toy blocks with handles.
Whether current content of Bitcoin-blocks is closer to concrete or to inflatable toys with (easy to carry) handles, that is matter of perspective.

[gizmoh]

I used to notice that btc-e.com usually has less price that other english exchanges,
but now, its price is more $2 above others like bitfinix and bitstamp

bitfinix  = 392.5
btc-e = 394.8

Hint: Ruble going Kaput

[ChartBuddy]

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Explanation

[sAt0sHiFanClub]

Ok. So let me get this straight.

You are walking up a hill, with a knapsack on your back filled with 4 concrete blocks. Its tough going.
A guy comes up to you ( lets call him Adam) and says "Don''t be a fool, let me make that easier for you".
So the guy removes 2 of the blocks from the knapsack, and puts them under your arms instead.
"Now", says the guy, "Isnt that much easier? You have half the weight, and lots of extra capacity in your bag - win-win, eh?"
"But its the exact same weight! - in fact its a little more difficult to carry these under my arms"
Guy says, "Dont be an idiot - look at your bag. Thats clear evidence of the improvement"
"Oh, i guess...."

Replace concrete blocks by (expanded) polystyrene blocks. Or with inflatable toy blocks with handles.
Whether current content of Bitcoin-blocks is closer to concrete or to inflatable toys with (easy to carry) handles, that is matter of perspective.

Doesn't matter what they are, the point is that you still need to carry them

If you put them down ( to crystalize the capacity/weight saving) then you cease to be a full validating node.

[nioc]

Ok. So let me get this straight.

Please do.

As I am incapable I'm counting on you.

[criptix]

I think btc will boom in the near future.

Look at the altcoin market people.

I think shit is gonna hit the fan soon.

[nor9865]

can anybody has a decent explanation about why the price is moving up and down $388 to $405???

[ChartBuddy]

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Explanation

[lottery248]

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Explanation

this kind of price stood for unlike most of the altcoins like doge is just already increased by 70% AFAIK.
i don't see the matter, hope that bitcoin price could just like those altcoins to rise.

[Andre#]

[quote author=lottery248 link=topic=178336.msg13682209#msg13682209 date=1453810276

this kind of price stood for unlike most of the altcoins like doge is just already increased by 70% AFAIK.
i don't see the matter, hope that bitcoin price could just like those altcoins to rise.
[/quote]

ETH is rising parabolically (101% past 7 days, 17% past 24h, 24h volume is 25% of that of BTC). Guess what happens with BTC when that bubble bursts?

[podyx]

this kind of price stood for unlike most of the altcoins like doge is just already increased by 70% AFAIK.
i don't see the matter, hope that bitcoin price could just like those altcoins to rise.

ETH is rising parabolically (101% past 7 days, 17% past 24h, 24h volume is 25% of that of BTC). Guess what happens with BTC when that bubble bursts?

[nor9865]

if it reaches $1000 i will dump 150btc, call it a day and do something else with my life. even if it reaches the sun later, no regrets. ive tried enough

[ChartBuddy]

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Explanation