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

[rdsc]

... we need the small fish as bait.

Not quite selling it to me there...

Inorder for a VC to adopt BTC, they must have a reason. Now the incentive is not that big.
If 'everyone' accepts BTC then VC will follow. We need a broader audience.
However the reverse is also true. if VC accept BTC then the small fish will follow as well.
For me it's not doable to convince large VC to use BTC I don't know the right CEO's however small/medium businesses are a lot easier to convince/approach. creating a bigger user base.  

Sure - but BTC wasn't created so that Big Fish with lots of money could have a better life.  I couldn't give a fuck about VC or CEO interest.

[adamstgBit]

How many of you have heard of the price manipulation caused by this guy this weekend?
https://twitter.com/fontase

no one?

what did he do?

[phoenix1]

Like I said I don't dismiss it. It's just SOME charts I see coming by are complete nonsens. And I'm no expert

Couldn't agree more ... reversal to arbitrarily drawn log trend line and that kind of stuff. Washes straight over me, but at the same time gives an insight into how some other market participants are viewing things - dangerous to ignore.

And I'm no expert either
 

[rdsc]

So does "the Bear is pushing the Bull down to the bottom of the hill because he's got a poorly leg" count as TA?

I thought he was about to push him off a cliff 

Nope - take him gently to the bottom of the cliff so he can get his strength back for the charge upward.  Up! Up! Up!

[10c]

... we need the small fish as bait.

Not quite selling it to me there...

Inorder for a VC to adopt BTC, they must have a reason. Now the incentive is not that big.
If 'everyone' accepts BTC then VC will follow. We need a broader audience.
However the reverse is also true. if VC accept BTC then the small fish will follow as well.
For me it's not doable to convince large VC to use BTC I don't know the right CEO's however small/medium businesses are a lot easier to convince/approach. creating a bigger user base.  

Sure - but BTC wasn't created so that Big Fish with lots of money could have a better life.  I couldn't give a fuck about VC or CEO interest.

Neither was it created specifically to improve YOURS. However wider adoption is good for BTC = good for me. VC's money is as good as any ones.
Unless your saying you don't want your coins having high value that makes your life easier, I don't understand. Market cap increase is 'up,up,up' VC's have big money and that helps all of us.

[10c]

Like I said I don't dismiss it. It's just SOME charts I see coming by are complete nonsens. And I'm no expert

Couldn't agree more ... reversal to arbitrarily drawn log trend line and that kind of stuff. Washes straight over me, but at the same time gives an insight into how some other market participants are viewing things - dangerous to ignore.

And I'm no expert either
 

That's why I look at them doesn't mean I don't know their full of it

[phoenix1]

TA cannot account for unexpected news until after the fact. That is the risk for me when I stay in fiat.

Agreed, but news can be good or bad. The value then lies in seeing how the market reacts to the news. Does it rally on good news and then fall back ? Does it collapse on bad news ? This is all good information and the chart tells the story.

[rdsc]

... we need the small fish as bait.

Not quite selling it to me there...

Inorder for a VC to adopt BTC, they must have a reason. Now the incentive is not that big.
If 'everyone' accepts BTC then VC will follow. We need a broader audience.
However the reverse is also true. if VC accept BTC then the small fish will follow as well.
For me it's not doable to convince large VC to use BTC I don't know the right CEO's however small/medium businesses are a lot easier to convince/approach. creating a bigger user base.  

Sure - but BTC wasn't created so that Big Fish with lots of money could have a better life.  I couldn't give a fuck about VC or CEO interest.

Neither was it created specifically to improve YOURS. However wider adoption is good for BTC = good for me. VC's money is as good as any ones.
Unless your saying you don't want your coins having high value that makes your life easier, I don't understand. Market cap increase is 'up,up,up' VC's have big money and that helps all of us.

Me personally - I want BTC to "work" and I don't want it to lose me money.  That's it. Obviously this is a speculation thread so most people want to make gains, but not necessarily at the cost of the little people, "bait" as you so tactfully put it.  I think a lot of people on here are hoping that we can make gains at the cost of the Big People.  That's the point.

[10c]

Indeed. TA cannot account for unexpected news until after the fact. That is the risk for me when I stay in fiat.

I wouldn't want to be all in fiat at this point. Since you're trading I would go for 50/50. It can go either way.
maybe we'll see 180 in 12 days like someone said maybe we'll be at 60-80.  with low volume like this one (whale) can push the market either way regardless of sentiment. No TA needed... just math.

[10c]

... we need the small fish as bait.

Not quite selling it to me there...

Inorder for a VC to adopt BTC, they must have a reason. Now the incentive is not that big.
If 'everyone' accepts BTC then VC will follow. We need a broader audience.
However the reverse is also true. if VC accept BTC then the small fish will follow as well.
For me it's not doable to convince large VC to use BTC I don't know the right CEO's however small/medium businesses are a lot easier to convince/approach. creating a bigger user base.  

Sure - but BTC wasn't created so that Big Fish with lots of money could have a better life.  I couldn't give a fuck about VC or CEO interest.

Neither was it created specifically to improve YOURS. However wider adoption is good for BTC = good for me. VC's money is as good as any ones.
Unless your saying you don't want your coins having high value that makes your life easier, I don't understand. Market cap increase is 'up,up,up' VC's have big money and that helps all of us.

Me personally - I want BTC to "work" and I don't want it to lose me money.  That's it. Obviously this is a speculation thread so most people want to make gains, but not necessarily at the cost of the little people, "bait" as you so tactfully put it.  I think a lot of people on here are hoping that we can make gains at the cost of the Big People.  That's the point.

If the VC take the bait we all gain
all the small people profit from VC's interest and (market) power/cap
It will increase their business as adoption increases due to VC power.
How many people buy at Amazon? how many people buy Jils hobby bracelets?
Who do you think will help adoption on a global scale?

edit:
You don't have to worry about the 'big people' they are big for a reason... they can take care of their own and have the means to ensure success (market making devisions and so)
Small people profit from VC's efforts

[rdsc]

Sure - but BTC wasn't created so that Big Fish with lots of money could have a better life.  I couldn't give a fuck about VC or CEO interest.

Alright, gangsta. You're missing the point. Venture capitalists are the people that have and are going to continue to invest in startup companies centered around the use of Bitcoin. This means, new exchanges (hopefully better than Mt. Gox), companies that make it easy for the computer illiterate to purchase bitcoin, easier ways to pay for things with BTC, etc... If you buy BTC you definitely should give a fuck about VC interest. Not sure what you mean about CEO interest though. VC interest will provide the infrastructure for bitcoin to gain widespread adoption and use. This helps their value.

I'm no gangsta, I just don't think BTC was started to provide VC's with a new way of getting rich. I don't agree that adoption needs VC input - it works because it works - that can be it's strength in exactly the same way that Linux didn't need VC input to thrive and survive. You want corporate money? Go Ripple.

[hlynur]

Me personally - I want BTC to "work" and I don't want it to lose me money.  That's it. Obviously this is a speculation thread so most people want to make gains, but not necessarily at the cost of the little people, "bait" as you so tactfully put it.  I think a lot of people on here are hoping that we can make gains at the cost of the Big People.  That's the point.

He's obviously not a native English speaker. Cut him some slack you stupid fuck. And snip your damn posts so I don't have to scroll for ten seconds every time I need to school your ignorant ass.

well somebody's a vulgarian here for sure.

[10c]

I'm no gangsta, I just don't think BTC was started to provide VC's with a new way of getting rich. I don't agree that adoption needs VC input - it works because it works - that can be it's strength in exactly the same way that Linux didn't need VC input to thrive and survive. You want corporate money? Go Ripple.

Although I think Ripple will fail, It makes BTC stronger. more adoption
Who do think developed linux? without VC we would be missing out on some nice stuff as they heavily invested in it to make further development possible.

I have no problem with you flaming at me but please think before making stupid statements. And no I don't want to go in a discussion regarding linux

[krudkeeper]

So much anger  

LOL.

I agree.
 

[rdsc]

I'm no gangsta, I just don't think BTC was started to provide VC's with a new way of getting rich. I don't agree that adoption needs VC input - it works because it works - that can be it's strength in exactly the same way that Linux didn't need VC input to thrive and survive. You want corporate money? Go Ripple.

You are, quite simply, stupid. Thanks for providing fuel for my evening workout.

Of course - Satoshi invented BTC so bloated Venture Capitalists could raise there blood pressure while they're sweating off the days losses in the gym.

Time to ignore.

[rdsc]

I'm no gangsta, I just don't think BTC was started to provide VC's with a new way of getting rich. I don't agree that adoption needs VC input - it works because it works - that can be it's strength in exactly the same way that Linux didn't need VC input to thrive and survive. You want corporate money? Go Ripple.

Although I think Ripple will fail, It makes BTC stronger. more adoption
Who do think developed linux? without VC we would be missing out on some nice stuff as they heavily invested in it to make further development possible.

I have no problem with you flaming at me but please think before making stupid statements. And no I don't want to go in a discussion regarding linux

Jeez - I'm not flaming you I'm disagreeing with you - if you don't get the open source roots of BTC and why that's relevant that's fine, but it's not just a dispute on this thread, it's a core dispute in the whole technical world.  I'll stay off your threads.

[phoenix1]

Get a room guys 

[10c]

Jeez - I'm not flaming you I'm disagreeing with you - if you don't get the open source roots of BTC and why that's relevant that's fine, but it's not just a dispute on this thread, it's a core dispute in the whole technical world.  I'll stay off your threads.

No need to stay off 'my' threads.
You are free to disagree, but if you do please try to put some fundamentals in your disagreement.
Sorry if I offend you, but just as you are allergic to VC, I'm allergic to 'because I say so'

[10c]

looks like I scared everyone off 

[hlynur]

well somebody's a vulgarian here for sure.

That dumb fuck is going to be you when he grows up lol.

what's the problem? didn't get your daily dose of daytrading or is your SR shipment delayed?
just keep your word choice a bit decent, this is not reddit.