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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26408313 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
4mherewego
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June 10, 2013, 05:22:19 AM
 #15001

Dammit why does fiat money have to be that slow. I deposited enough to buy 50BTC on thursday, still havnt gotten the transfer through. I have been refreshing my balance so many times the last days, and now this Sad
w00dy
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June 10, 2013, 05:30:09 AM
 #15002

Dammit why does fiat money have to be that slow. I deposited enough to buy 50BTC on thursday, still havnt gotten the transfer through. I have been refreshing my balance so many times the last days, and now this Sad

don't worry, this "high" price won't last long  Wink
FCTaiChi
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June 10, 2013, 05:35:34 AM
 #15003

Gah.  You don't know what a slavering maniac is until you see someone blocked at every turn trying to buy BTC during periods of high regulation and low adherence!
hmmmstrange
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June 10, 2013, 05:50:00 AM
 #15004

Dammit why does fiat money have to be that slow. I deposited enough to buy 50BTC on thursday, still havnt gotten the transfer through. I have been refreshing my balance so many times the last days, and now this Sad

I know everyone wants "cheap" coins but you may want to think about "fairly priced" coins. There is nothing wrong with purchasing something that is priced fairly.
Coinseeker
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June 10, 2013, 05:52:13 AM
 #15005

Dammit why does fiat money have to be that slow. I deposited enough to buy 50BTC on thursday, still havnt gotten the transfer through. I have been refreshing my balance so many times the last days, and now this Sad

I know everyone wants "cheap" coins but you may want to think about "fairly priced" coins. There is nothing wrong with purchasing something that is priced fairly.

Cut the current price in half and that would be about "fair".
Frozenlock
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June 10, 2013, 05:58:37 AM
 #15006

I hear BTC being sold...

Will the current price hold without our good friend wallzila?
ChartBuddy
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June 10, 2013, 05:59:58 AM
 #15007

dexX7
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June 10, 2013, 06:02:31 AM
 #15008

It's quite interesting to see so much action and volume at that time.
wonkytonky
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June 10, 2013, 06:04:10 AM
 #15009

why does shit happen everytime i'm a sleep..

 Huh
wonkytonky
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June 10, 2013, 06:05:58 AM
 #15010

I hear BTC being sold...

Will the current price hold without our good friend wallzila?
hehe .. thats why i'm not buying  this all feels too manipulated to me.
hmmmstrange
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June 10, 2013, 06:17:14 AM
 #15011

Dammit why does fiat money have to be that slow. I deposited enough to buy 50BTC on thursday, still havnt gotten the transfer through. I have been refreshing my balance so many times the last days, and now this Sad

I know everyone wants "cheap" coins but you may want to think about "fairly priced" coins. There is nothing wrong with purchasing something that is priced fairly.

Cut the current price in half and that would be about "fair".

That would be $54 a coin. That is just as ridiculous as stating the fair price should be $265. You are going to have a hard time finding anyone agrees with you when the consensus is the fair price at this moment is $108.
Its About Sharing
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June 10, 2013, 06:28:10 AM
 #15012

Dammit why does fiat money have to be that slow. I deposited enough to buy 50BTC on thursday, still havnt gotten the transfer through. I have been refreshing my balance so many times the last days, and now this Sad

I know everyone wants "cheap" coins but you may want to think about "fairly priced" coins. There is nothing wrong with purchasing something that is priced fairly.

Cut the current price in half and that would be about "fair".

That would be $54 a coin. That is just as ridiculous as stating the fair price should be $265. You are going to have a hard time finding anyone agrees with you when the consensus is the fair price at this moment is $108.
How do we evaluate BTC? If we approach it like a stock and talk about earnings, supply and demand, etc., we can see there aren't large earnings but there sure is supply and demand with this low float "entity".
We also can look at it like a commodity, or as a store of value, but these days it is too volatile for that. (But it still must be factored in considering it is a revolutionary monetary tool.

But, just looking at using Bitcoin as a replacement for a small percentage of Credit Card transactions, Western Union transactions, etc, we can evaluate Bitcoin at over $1000 EASY. That is not right now. BUT,
who evaluates a new disruptive "stock" at "right now" performance? Anyone remember Amazon, Ebay, etc. in the late early days? They were trading at 50, 75 or more times earnings. You do that with disruptive Black Swan technology.


So, I can't agree with a low price now, but it may very well happen as we have things, like government, price manipulation, scared investors, etc. there beyond our control. But if we don't get shut down (which really would be tough), we are looking at evaluations that make my $1000 price seem small. Just do the math, simple math... Oh, my bet is that more than likely we are on the Forex in the next couple of years... that is when things go Boom (to boot).
Frozenlock
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June 10, 2013, 06:56:52 AM
 #15013

Well, shit.

I just started using them.  Cry

They were also a sponsor of Ed & Ethan Bitcoin show.

Sad day indeed.


Edit: How many have closed now? 5, 6?
ChartBuddy
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June 10, 2013, 06:59:46 AM
 #15014

Coinseeker
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June 10, 2013, 07:02:50 AM
 #15015

Dammit why does fiat money have to be that slow. I deposited enough to buy 50BTC on thursday, still havnt gotten the transfer through. I have been refreshing my balance so many times the last days, and now this Sad

I know everyone wants "cheap" coins but you may want to think about "fairly priced" coins. There is nothing wrong with purchasing something that is priced fairly.

Cut the current price in half and that would be about "fair".

That would be $54 a coin. That is just as ridiculous as stating the fair price should be $265. You are going to have a hard time finding anyone agrees with you when the consensus is the fair price at this moment is $108.

Actually, there are a few people here who believe it should be in the $13-$30 range.  I've kept my personal valuation at $50-60 for the time being and that's about the price most people say they would "go all in".  Time will tell.
el_rlee
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June 10, 2013, 07:06:20 AM
 #15016

I hear BTC being sold...

Will the current price hold without our good friend wallzila?

Actually the only thing worrying me for the middle term BTC price is the legal situation in USA.
How is that now? Still endangered by the department for homeland security?
sarc
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June 10, 2013, 07:18:24 AM
 #15017

how tedious.

Seems like a great time to sell if you hesitated before...

C'mon plankton, bite that whale in the ass!
klee
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June 10, 2013, 07:20:54 AM
 #15018


LOL! That about sums up my "strategy" for the weekend. Damn, I was really hoping to get some sleep tonight but... can't... stop... watching.

Sleep?

THIS IS BITCOIN!!!
Cool
Rampion
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June 10, 2013, 07:28:56 AM
 #15019

Rally on volume... And we were just where we were before the crash to sub-$100... And with buying volume as we didn't have for many weeks.

Crazy BTC Wink
Coinseeker
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June 10, 2013, 07:38:10 AM
 #15020

Bought at 101, sold at 107.  This is fun!   Rinse and repeat I hope.  Grin
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