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

[adamstgBit]

.. wtv up Up UP! 

[hlynur]

How's he getting 210? Isn't it the difference from the top of the head to the neckline, i.e, 50-ish, making take profit about $155 (depending on which exchange you're looking at)?

no need for nit-picking...

buy buy BUY!   

[solex]

The only connection I see there is the $200 million figure.

I just don't see why $200m is needed to beef up the Avalon operation. Since Avalon did their first ASIC on a shoestring (couple of million?) why would it take $200m to go the latest chip technology. Surely something like $5m would be enough. HashFast and CoinTerra are not going to spend anything more than a few million either.

[vokain]

The only connection I see there is the $200 million figure.

I just don't see why $200m is needed to beef up the Avalon operation. Since Avalon did their first ASIC on a shoestring (couple of million?) why would it take $200m to go the latest chip technology. Surely something like $5m would be enough. HashFast and CoinTerra are not going to spend anything more than a few million either.

200M to buy a whole generation's worth of mining (while leapfrogging a few others while they're at it), first mover advantage, why the hell not!!!
got a couple [dozen] more billions in his pocket...

vision: set it to "nothing's impossible"

[vokain]

go ahead, trade on this "if it happened b4 it will happen again" nonsense

You mean the part where everyone knows Bitcoin will recover and rise to new incredible highs?  

it has been up since 2009, 2010, 2011, 2012

and prices in 2009<2010<2011<2012<2013

Yup, but "someone" here thinks we can't base our expectation on the past.  

you can't, if so we could expect to go up 20,000% in 4 years

nonsense, nonsense, nonsense

just look at the last 6 months of trading, understand why price moved the way it did, look around at what is happening now on the dev side of things, and then speculate.

20,000% in 4 years is reasonable if people start taking this seriously.

[ChartBuddy]

[dwdoc]

Yep, probably time to forget mining and just buy bitcoin.

[solex]

Yep, probably time to forget mining and just buy bitcoin.

While it's still affordable  $106, $107 just now...

[ChartBuddy]

[vokain]

I give it til noon EST that we break $110 on Gox

[adamstgBit]

Best investment ever , is to spend your bitcoins into the economy  

i think i'm going to buy some, looks good O_O


now i have a reason to send money to virtex 

[dwdoc]

I give it til noon EST that we break $110 on Gox

EST or EDT? 


https://bitcointalk.org/index.php?topic=263445.msg2841898;topicseen#msg2841898

[vokain]

Best investment ever , is to spend your bitcoins into the economy  

i think i'm going to buy some, looks good O_O


now i have a reason to send money to virtex  

i bought some stuff from here, the store is called Wholly Hemp and they offer some nice products. The soap is actually unreal, I use it every day. lip balm is good, they actually mailed me another one since they sent me the wrong one, at my disapproval (shipping and packaging). The hair stuff I can't recommend, but maybe that's just my stiff thick asian hair speaking. anyway, 25% of profits go to charity! they earned my business

https://bitcointalk.org/index.php?topic=247289.0

I give it til noon EST that we break $110 on Gox

EST or EDT? 


https://bitcointalk.org/index.php?topic=263445.msg2841898;topicseen#msg2841898

ohh bitcoin shenanigans, of course.
but for shits and giggles, 12 hours from the time of my post

[dwdoc]

i bought some stuff from here, the store is called Wholly Hemp and they offer some nice products. The soap is actually unreal, I use it every day. lip balm is good, they actually mailed me another one since they sent me the wrong one, at my disapproval (shipping and packaging). The hair stuff I can't recommend, but maybe that's just my stiff thick asian hair speaking. anyway, 25% of profits go to charity!

Now is the time to buy bitcoin not soap.

[vokain]

Now is the time to buy bitcoin not soap.

[readonlyaccess]

Best investment ever , is to spend your bitcoins into the economy  

i think i'm going to buy some, looks good O_O


now i have a reason to send money to virtex 

Bought the assorted 1lb near the end of the last week....got them priority 2day mail yesterday.  They're really good.

[ChartBuddy]

[adamstgBit]

Best investment ever , is to spend your bitcoins into the economy  

i think i'm going to buy some, looks good O_O


now i have a reason to send money to virtex 

Bought the assorted 1lb near the end of the last week....got them priority 2day mail yesterday.  They're really good.

ya it all looks like gr8 products!

[italeffect]

New Gox announcement:

https://www.mtgox.com/press_release_20130805.html

Still issues with withdrawls

[solex]

New Gox announcement:

https://www.mtgox.com/press_release_20130805.html

Still issues with withdrawls

Yes. Lots of good news, but significant gaps, like no mention of how the FinCen MSB registration process is going, or why accounts with several banks are not up and running. Do all their banks have the same trick of hanging onto deposits for 7-10 days??