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

[Elwar]

Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

[adamstgBit]

Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

you sold your house and bought bitcoin with the money?

[White sugar]

Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

you sold your house and bought bitcoin with the money?

Better than use mortgage money to short Bitcoin. Looks like he won't need the money anytime soon to pay bills or anything like.

Even if he loses he'll earn the brave investor badge anyway

[Fatman3001]

I have a strong suspicion that we're headed for a breakout above 700 within the next few weeks.

dafuq?

Why are you bullish all of the sudden?

Is it job related or just a weird british thing? They're not exactly common tourist destinations.

Weird British. I fucking love going to the backs of beyond and you can't get much more beyond than that. The first place I went to in the US was rural Nebraska. I was in Newfoundland recently and headed straight for the most remote communities I could find. It certainly feeds my soul. Dunno why.

You should come to Svalbard. It's the poor mans Antarctica.

[gentlemand]

You should come to Svalbard. It's the poor mans Antarctica.

It's definitely on the list. One day I hope to come across somewhere so desolate and depressing that I instantly drop dead from sheer despair. In the UK Port Glasgow does a nice job. I think some forgotten city in Siberia's going to do it.

[Elwar]

Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

you sold your house and bought bitcoin with the money?

Yep, 230 bitcoins added to my stash.

[romani245]

Dang, sounds pretty bullish in here. Are we about to get dumped on?

[adamstgBit]

Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

you sold your house and bought bitcoin with the money?

Yep, 230 bitcoins added to my stash.

i guess its not too hard to justify, still, very ballsy move, you are a true early adopter, congratulations.

[Elwar]

I got to learn the itBit OTC process too. It worked out pretty well. I highly recommend it for large purchases. $10 wire transfer fee for incoming dollars and .1% trade fee.

[Fatman3001]

You should come to Svalbard. It's the poor mans Antarctica.

It's definitely on the list. One day I hope to come across somewhere so desolate and depressing that I instantly drop dead from sheer despair. In the UK Port Glasgow does a nice job. I think some forgotten city in Siberia's going to do it.

We have two forgotten Siberian citys on Svalbard too. Barentsburg and Pyramida. Everything a man in existential doubt could ever want.

[gentlemand]

It looks promising indeed but I think there'll be too much optimism and excitement from other people who reached it. Most of the places I like going the people there ask 'why the fuck did you come here?' but I'll put my affairs in order and give it a try.

[AlexGR]

Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

Good stuff... keep the BTCs safe.

[adamstgBit]

http://www.coindesk.com/bitcoin-core-ethereum-hard-fork-unsettling-precedent/

why i am not surprised by peter todd's reaction.
now he's extra paranoid about HF...

personally i think they are viewing this in the wrong light. I find it encouraging to know that a crypto necessarily behaves EXACTLY as the marjoy want it to, and the fact that this very controversial and extreme version of a HF ( not one that simply changes protocol rules and leaves balances alone, but actually edits the blockchain! ) was not only smoothly deployed but also left the ETH markets unaffected, is proof of concept IMO.

[respawn2]

If you squint a little bit, 655 looks like 666, so we're pretty much where we were yesterday.

[ronald98]

You should come to Svalbard. It's the poor mans Antarctica.

It's definitely on the list. One day I hope to come across somewhere so desolate and depressing that I instantly drop dead from sheer despair. In the UK Port Glasgow does a nice job. I think some forgotten city in Siberia's going to do it.

There's a book called crap towns whose readers voted for the 50 crappest towns in the UK. Glasgow was voted joint fourth crappest with Edinburgh in 2004. If you want a crapper town than Glasgow try visiting Sunderland, Windsor, or Luton. The 2004 vote for the number one crappest town in the UK was Luton.

https://en.wikipedia.org/wiki/Crap_Towns

1. Luton
2. Windsor
3. Sunderland
4. Edinburgh (equal place with Glasgow)
4. Glasgow (equal place with Edinburgh)

There might be similar crap town votes held in other countries that could tell you the most desolate and depressing places to visit.

[dumbfbrankings]

http://www.coindesk.com/bitcoin-core-ethereum-hard-fork-unsettling-precedent/

why i am not surprised by peter todd's reaction.
now he's extra paranoid about HF...

personally i think they are viewing this in the wrong light. I find it encouraging to know that a crypto necessarily behaves EXACTLY as the marjoy want it to, and the fact that this very controversial and extreme version of a HF ( not one that simply changes protocol rules and leaves balances alone, but actually edits the blockchain! ) was not only smoothly deployed but also left the ETH markets unaffected, is proof of concept IMO.

Yeah, not a shocker.

The argument seems to be that if we HF to improve throughput... we go straight to transaction rollbacks and changing the emission schedule. Slippery slope argument writ large.

Their real fear is that people will find out that when it comes to Bitcoin's decision process... hashrate means more than the personalities in an IRC clique.

[JayJuanGee]

Buy opportunity or sell opportunity?

Thoughts?

Of course, today is a buy opportunity because, if you noticed, the price is going down.

The best practice is to buy BTC on the way down and to sell on the way up.

If you were going to sell some bitcoins, then you should have already done that.

So under the current price direction, the opportunity is here and that is to buy little bitcoins, and the only questions are how much to buy and at what price increments.

Yup, I'm leaning towards buy opportunity too.

Just gonna wait a while to make sure it doesn't continue downwards.

I think some huge gains are in sight the coming months.

How huge tho?

90% of my net worth is in bitcoin now hehe... I'm either retarded or a genius

Wow... 90% is a really high level.

There is no way to determine whether or not it is a good buy time because we haven't seen a lot of potential energy coming from the market, and there doesn't seem to be much enthusiasm with the traders right now, so it doesn't seem like buying today is a good idea. Maybe in a week or two I can see more of a buy scenario, but for now I would hold off and see where it goes.

There might be a breakout coming for Bitcoin soon, but we'll have to wait and see.

This is an o.k. strategy if you already have some bitcoin, but if you do not have any, then you better get off your ass and buy a little, otherwise you are too pie in the sky attempting to time the bottom which seems impossible to do.


Of course, maybe the odds are good for another downward adjustment, but there are also decent odds that the price is going to go up from here.

i personally think that the odds are a bit higher in favor of a small downward adjustment before going up, but I would not stake too much on such a bet.

So for example, if I had $5000 and zero bitcoins, I would probably invest at least $2500 of that into bitcoins at this point in the mid $650s, yet I understand people are going to have different risk points, timelines and different levels of other investments, too.

[savetherainforest]

Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

you sold your house and bought bitcoin with the money?

Yep, 230 bitcoins added to my stash.

I have a feeling that you will have more than 500million or 0.5$ billion from that amount in the near future! (5-10 years)





*Edit: If that works out well... can we merge some of our millions to create a few corporations in the weapons manufacturer industrial-complex... and also some entertainment industries to keep the sheeple busy with their stuff while we manage to come up with a plan to control them in the right direction?

[JayJuanGee]

Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

you sold your house and bought bitcoin with the money?

Yep, 230 bitcoins added to my stash.

I will say ballsy, too.... but, sure, that is your choice.

What's your average price per BTC, approximately?

Are you in the $400s or maybe $500s?  or some other average amount?

[ImI]

Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

you sold your house and bought bitcoin with the money?

Yep, 230 bitcoins added to my stash.

crazy, are those US prices? where i live houses start at 500k$