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

[Elwar]

'

so the BTC-e issue is what a 'big shrug' to the bitcoin world....price is not affected...is that what people seem to see/think now?

would be nice not to be at the 'whim' of another gox issue that slams price down for a year

(still, have the bcc fud to look forward to and the 2mb thing in 3 months.fun times)

btc...the hot mess girlfriend you can't leave.....sigh

Seems like the bulls are undeterred, no matter what obstacle is thrown at them.

http://www.youtube.com/watch?v=P3Nh5T61mQU&t=0m56s

I am wondering if the big investors will not believe btc-e is down until a reliable source confirms it.

[1714854159]

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[1714854159]

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[steelboy]

'

so the BTC-e issue is what a 'big shrug' to the bitcoin world....price is not affected...is that what people seem to see/think now?

would be nice not to be at the 'whim' of another gox issue that slams price down for a year

(still, have the bcc fud to look forward to and the 2mb thing in 3 months.fun times)

btc...the hot mess girlfriend you can't leave.....sigh

Seems like the bulls are undeterred, no matter what obstacle is thrown at them.

http://www.youtube.com/watch?v=P3Nh5T61mQU&t=0m56s

I am wondering if the big investors will not believe btc-e is down until a reliable source confirms it.

VERY surprised to see price up when waking up this morning. Do we think it needs to hit the MSM before price reacts??

[becoin]

On a more serious note: There are several other mechanisms that fix malleability. There is still a discussion to be had as to whether or not SegWit is the best approach.

SegWit will solve malleability. This will allow side chains. You can develop and use a side chain to offer whatever you think is the best solution to whatever problem. Moreover, a side chain can be so good that it may become the main chain. The beauty is that all this can be done slowly, voluntarily, without HFs, and without any risks to bitcoin users.

SegWit is not the final soltution. Segwit is just a tool that gives us the ability to develop new amazing tools!

[jojo69]

hodl

epic, so glad people remember, I was on that night...so funny

[DeathAngel]

The sad thing is that it might be easier for me to get my namecoins from BTC-e from the government than it is getting past their verification process due to a frozen account. After sending a copy of my passport and 3 months of bank statements they rejected it saying they needed a notarized ID scan from a third party, 3 months of proof of salary, utility bill, bank statements (all notarized) etc.

In other words, they want to keep all of my coins and no amount of verification will suffice.

How many coins are we talking about buddy? I hope a large majority of your HODLING'S aren't on there. This shit always seems to happen when we are in a good moment price rise. I hope we don't end up with an epic dump Gox style.

[European Central Bank]

The sad thing is that it might be easier for me to get my namecoins from BTC-e from the government than it is getting past their verification process due to a frozen account. After sending a copy of my passport and 3 months of bank statements they rejected it saying they needed a notarized ID scan from a third party, 3 months of proof of salary, utility bill, bank statements (all notarized) etc.

In other words, they want to keep all of my coins and no amount of verification will suffice.

i've always believed they scam a few users per month. as long as everyone else is happy enough then no one else is gonna believe them.

[Elwar]

The sad thing is that it might be easier for me to get my namecoins from BTC-e from the government than it is getting past their verification process due to a frozen account. After sending a copy of my passport and 3 months of bank statements they rejected it saying they needed a notarized ID scan from a third party, 3 months of proof of salary, utility bill, bank statements (all notarized) etc.

In other words, they want to keep all of my coins and no amount of verification will suffice.

How many coins are we talking about buddy? I hope a large majority of your HODLING'S aren't on there. This shit always seems to happen when we are in a good moment price rise. I hope we don't end up with an epic dump Gox style.

I had 21,000 NMC on there. Never bothered to create a wallet because they weren't worth much. Until they were. And I couldn't get them off the site.

[Ludwig Von]

[/quote]

i've always believed they scam a few users per month. as long as everyone else is happy enough then no one else is gonna believe them.
[/quote]

That is effectively a widely used practice.

[YamashitaRen]

'

so the BTC-e issue is what a 'big shrug' to the bitcoin world....price is not affected...is that what people seem to see/think now?

would be nice not to be at the 'whim' of another gox issue that slams price down for a year

(still, have the bcc fud to look forward to and the 2mb thing in 3 months.fun times)

btc...the hot mess girlfriend you can't leave.....sigh

Seems like the bulls are undeterred, no matter what obstacle is thrown at them.

http://www.youtube.com/watch?v=P3Nh5T61mQU&t=0m56s

I am wondering if the big investors will not believe btc-e is down until a reliable source confirms it.

VERY surprised to see price up when waking up this morning. Do we think it needs to hit the MSM before price reacts??

I just can't believe in bitcoin keeping this upward trend. There's a lot of incertitude in the near horizon. Worst of them being the btc-e news.
How could euphoria come back at the same time ?

That or btc-e dumps were the cause of the price fall. Which doesn't necessarily mean it cannot happen again in the near future...
Holders may wait MSM and/or the next dump.

[bitserve]

Holy shit i am drunk in vegas. How is everything going?

LineCon!!

[marcus_of_augustus]

The strength in here given the news and previous action/set-up is making me wonder if we haven't just had another 'Silk Road' moment.

For those who recall they will know what I'm talking about. It essentially marked the beginning of the legendary Sept/Oct/Nov final wave up in 2013 ... bitcoin had been relatively flat after the 'Cyprus moment' April/May wave to 266 off 15 lows.

I think the goldman sucks call to $3600 is where we'll end up after peaking at >$12,000.

[steelboy]

The strength in here given the news and previous action/set-up is making me wonder if we haven't just had another 'Silk Road' moment.

For those who recall they will know what I'm talking about. It essentially marked the beginning of the legendary Sept/Oct/Nov final wave up in 2013 ... bitcoin had been relatively flat after the 'Cyprus moment' April/May wave to 266 off 15 lows.

I think the goldman sucks call to $3600 is where we'll end up after peaking at >$12,000.

I was thinking the same thing. Was the reason for the drop the
closure of the site? My memory is not what it used to be.

[bitserve]

The strength in here given the news and previous action/set-up is making me wonder if we haven't just had another 'Silk Road' moment.

For those who recall they will know what I'm talking about. It essentially marked the beginning of the legendary Sept/Oct/Nov final wave up in 2013 ... bitcoin had been relatively flat after the 'Cyprus moment' April/May wave to 266 off 15 lows.

I think the goldman sucks call to $3600 is where we'll end up after peaking at >$12,000.

$12.000 this year seems a bit too bullish for me. We have had way bigger runs in the past though.

I do agree that even the BTC-E issue could be somewhat bullish. Let's face it, that exchange was operating completely out of any basic regulation.

[marcus_of_augustus]

The strength in here given the news and previous action/set-up is making me wonder if we haven't just had another 'Silk Road' moment.

I was thinking the same thing. Was the reason for the drop the
closure of the site? My memory is not what it used to be.

Yeah, it dropped really hard on the news of Silk Road take down and then rebounded quite robustly and suddenly, not long after ... the rebound and realisation that SR darknet activity wasn't driving btc price at that point then set off the massive rally ... that subsequently became all about China.

[Elwar]

SegWit at 100% this difficulty period:

2014 blocks before current lock-in period ends. Still 1914 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.

Let the countdown begin.

[bikerleszno]

BIP 141 (Segregated Witness)
1916 blocks (95%) in the current 2016-block signaling period are required for BIP 141 (Segregated Witness) lock in.

Current Count: 5 / 2016 blocks (100% so far)
2011 blocks remaining in this signalling period.

BIP 141 (Segregated Witness) is currently projected to lock in during this period.

[Dakustaking76]

Guys may i ask something..

Are my bitcoins save at kraken?
Ore better to send hardware wallet?

I need to know...

[steelboy]

Guys may i ask something..

Are my bitcoins save at kraken?
Ore better to send hardware wallet?

I need to know...

Paper or hardware wallets are safe.

If kraken goes, maybe your coins do too.

If you trade then keeping an amount on exchange is normal. If you just hodl then there is no reason to have any coins anywhere except in cold storage.

[European Central Bank]

Guys may i ask something..

Are my bitcoins save at kraken?
Ore better to send hardware wallet?

I need to know...

you don't have any coins at kraken. you have an iou from them to you.

act accordingly.

[Dakustaking76]

Guys may i ask something..

Are my bitcoins save at kraken?
Ore better to send hardware wallet?

I need to know...

you don't have any coins at kraken. you have an iou from them to you.

act accordingly.

What do you mean?
And my question was about the hard fork?
I do day trading sometimes