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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26404688 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.)
lucas.sev
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July 09, 2013, 10:13:04 AM
 #22081

Well , in term of number of transactions , we're back to 2012 ... cimpochi to the rescue?

Not surprising.
More anecdotes:
At these exchange rates, folks are not spending them and so almost all my orders are USD.
The BTC buys less silver now than they used to.  Had a lot of orders when BTC was >110, more than I could take and clear so I had to limit the BTC sales.  Now it is all USD.

The latest Bitcoin software v0.8.3 disincentivizes the number of micro-transactions. This stat is likely influenced by that change.

In what way it achieves that?
w00dy
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July 09, 2013, 10:25:06 AM
 #22082

In what way it achieves that?

5340 (?) dust limit.
lucas.sev
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July 09, 2013, 10:30:37 AM
 #22083

In what way it achieves that?

5340 (?) dust limit.

Thank you this explained everything. So you think that people play less satoshidice because of this limit? I guess this is the main contributor to the transaction volume isn't it.
Rampion
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July 09, 2013, 10:32:10 AM
 #22084

In what way it achieves that?

5340 (?) dust limit.

Thank you this explained everything. So you think that people play less satoshidice because of this limit? I guess this is the main contributor to the transaction volume isn't it.

No. The minimum SD bet is bigger than 5340 satoshis.
w00dy
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July 09, 2013, 10:34:06 AM
 #22085

In what way it achieves that?

5340 (?) dust limit.

Thank you this explained everything. So you think that people play less satoshidice because of this limit? I guess this is the main contributor to the transaction volume isn't it.

"i" don't think anything. i just told you the "limit" of 0.8.3 or better "the change".
lucas.sev
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July 09, 2013, 10:35:18 AM
 #22086

In what way it achieves that?

5340 (?) dust limit.

Thank you this explained everything. So you think that people play less satoshidice because of this limit? I guess this is the main contributor to the transaction volume isn't it.

No. The minimum SD bet is bigger than 5340 satoshis.

So basically what sotex said is bullshit. This part:

This stat is likely influenced by that change.
Ivanhoe
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July 09, 2013, 10:50:13 AM
 #22087

Some Tuesdays have proven to be interesting in the past, let's see what today brings. Laying on the beach with a cocktail watching how this wall at 80 gets eaten, could become a nice day Grin
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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July 09, 2013, 11:00:57 AM
 #22088

samson
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July 09, 2013, 11:02:40 AM
 #22089

Laying on the beach with a cocktail watching how this wall at 80 gets eaten, could become a nice day Grin

I don't see that happening.

I thought the sucker rally was over.
wonkytonky
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July 09, 2013, 11:04:25 AM
 #22090

Laying on the beach with a cocktail watching how this wall at 80 gets eaten, could become a nice day Grin

I don't see that happening.

I thought the sucker rally was over.

shhtt Smiley let them buy
Ivanhoe
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July 09, 2013, 11:05:06 AM
 #22091

Laying on the beach with a cocktail watching how this wall at 80 gets eaten, could become a nice day Grin

I don't see that happening.

I thought the sucker rally was over.
Te be honest, me neither. But hey, a man can hope eh?
molecular
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July 09, 2013, 11:15:06 AM
 #22092

Some Tuesdays have proven to be interesting in the past, let's see what today brings. Laying on the beach with a cocktail watching how this wall at 80 gets eaten, could become a nice day Grin

Wall at 80 getting eating? We haven't touched 80 on gox since 26 hours.

What kind of cocktail are we talking about?
Ivanhoe
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July 09, 2013, 11:21:08 AM
 #22093

People should get out a little more i think, and enjoy the summer.... serious reactions all over the place here.
WeltMaster
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July 09, 2013, 11:22:50 AM
 #22094

I hope we get some decent action/volume tonight.

All this hovering 'stability' around charted territory isn't helping progression or long term recovery, things need to get worse before they get better. The sooner they get worse the less people get burned. Help yourselves by helping bitcoin Wink
Rampion
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July 09, 2013, 11:25:00 AM
 #22095

Some Tuesdays have proven to be interesting in the past, let's see what today brings. Laying on the beach with a cocktail watching how this wall at 80 gets eaten, could become a nice day Grin

Wall at 80 getting eating? We haven't touched 80 on gox since 26 hours.

What kind of cocktail are we talking about?

LOL, something very strong indeed, I could use a little of that Cheesy
tutkarz
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July 09, 2013, 11:26:18 AM
 #22096

I hope we get some decent action/volume tonight.

All this hovering 'stability' around charted territory isn't helping progression or long term recovery, things need to get worse before they get better. The sooner they get worse the less people get burned. Help yourselves by helping bitcoin Wink

people complain when its volatile, others complain when its not. looks like always someone will be unhappy.
WeltMaster
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July 09, 2013, 11:30:37 AM
 #22097

I hope we get some decent action/volume tonight.

All this hovering 'stability' around charted territory isn't helping progression or long term recovery, things need to get worse before they get better. The sooner they get worse the less people get burned. Help yourselves by helping bitcoin Wink

people complain when its volatile, others complain when its not. looks like always someone will be unhappy.

Volatility is great for a deflating bubble, a quick sharp deflation is much better for the market than a steady long slide, not only do we lose investors but recovery is so much longer. At almost all other times large volatility is really bad for bitcoin.
Rampion
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July 09, 2013, 11:32:04 AM
 #22098

Well, I think its about time to sell.
barbs
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July 09, 2013, 11:35:33 AM
 #22099

down we go
tutkarz
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July 09, 2013, 11:44:34 AM
 #22100

I hope we get some decent action/volume tonight.

All this hovering 'stability' around charted territory isn't helping progression or long term recovery, things need to get worse before they get better. The sooner they get worse the less people get burned. Help yourselves by helping bitcoin Wink

people complain when its volatile, others complain when its not. looks like always someone will be unhappy.

Volatility is great for a deflating bubble, a quick sharp deflation is much better for the market than a steady long slide, not only do we lose investors but recovery is so much longer. At almost all other times large volatility is really bad for bitcoin.

where bubble deflated we will know when another one will start forming but you never know if this didn't happen long time ago and now is already recovering.
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