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

[ChartBuddy]

[ChartBuddy]

[phatsphere]

[Frozenlock]

[01BTC10]

[prophetx]

gov't legal opinion is a matter of convenience sometime, this time, it favors them to argue bitcoin is money.  Next time, they'll argue bitcoin is ..... (whatever you want to fill in) if it suits them.

weapon of mass destruction?

[Richy_T]

DUCK!!!

[adamstgBit]

DUCK!!!

DUCK!!!

[elux]

"After great boredom comes great excitement."
—Ancient Bitcoin Proverb.

[manfred]

DUCK!!!

DUCK!!!

DUCKLING!!!!

Yes this tread is going downhill fast. 20 posts: 10 of which are chartbuddy, 5 off topic the rest ducklings..

[ChartBuddy]

[NewLiberty]

I'm getting more and more interested about this:
https://blockchain.info/charts/n-transactions-excluding-popular
It excludes MtGox, SD and other similar sites. So where is the traffic coming from? Real-world usage like in Argentina and M-Pesa?

This IS interesting...

[Adrian-x]

"After great boredom comes great excitement."
—Ancient Bitcoin Proverb.

LOL
All of an hour ago. (Relatively speaking it's as old as Plato, rings of Confucius and as practical as describing breathing)

[Richy_T]

"After great boredom comes great excitement."
—Ancient Bitcoin Proverb.

"I only went to the bathroom."
—Ancient Bitcoin Proverb.

[Adrian-x]

I'm getting more and more interested about this:
https://blockchain.info/charts/n-transactions-excluding-popular
It excludes MtGox, SD and other similar sites. So where is the traffic coming from? Real-world usage like in Argentina and M-Pesa?

This IS interesting...

During my forced Bitcoin reading this morning I concluded it is a result of newbies taking advantage of arbetrage opotunity on Gox, and fiat leaving Gox via XBT, and the resulting trading on other exchanges.

[hlynur]

I'm getting more and more interested about this:

https://blockchain.info/charts/n-transactions-excluding-popular

It excludes MtGox, SD and other similar sites. So where is the traffic coming from? Real-world usage like in Argentina and M-Pesa?

this is really interesting.
transaction volume is relatively low http://blockchain.info/de/charts/estimated-transaction-volume
trade volume in the meantime is nearly as low as before the bubble http://blockchain.info/charts/trade-volume

(by the way is there a chart solely with trading volume on localbitcoins.com?
I'd love to see the volume there in different countries)

could be a sign that economy around btc gets time to catch up with more transactions on smaller volume,
while big exchanges take some rest?
not sure though if that's the right conclusion to draw... just my half asleep approach where i may have mixed up some things

First , there is no such thing as Mpesa is just Kipochi , which is not affiliated by any means with mpesa , even their faq says so
Second , those are more likely to be the reasons for the uptrend in number of transactions :

the one chinese guy:
https://blockchain.info/address/15Z4XmorKSN51ndyPrZ2EtL7Nnksb88888
and some others
https://blockchain.info/de/charts/n-transactions?address=1BpenLeGL2jV9KPrPrMoWMLMHPrPG7ETyR

sure, m-pesa and kipochi are not directly connected, but from what i read, kenyans get the possibility with kipochi to transfer value via btc across the border while m-pesa can only be used inside their country.
the kipochi to m-pesa service is handled by a third party company though.
I haven't read anything about this thing since it was anounced, but it will take more than some months until this gets going.

those two addresses there are a nice find, but they seem to be used only for gambling at SD. (ergo most of the transactions should not appear in first chart by solex where SD is excluded )
so minus SD transactions that's roughly 150-200 transactions between the two addresses per day...

[Adrian-x]

"I only went to the bathroom."
—Ancient Bitcoin Proverb.

I remember that one my XBT investment doubled when ... on return the trader was asked to go again.

[ChartBuddy]

[hlynur]

the one chinese guy:
https://blockchain.info/address/15Z4XmorKSN51ndyPrZ2EtL7Nnksb88888
and some others
https://blockchain.info/de/charts/n-transactions?address=1BpenLeGL2jV9KPrPrMoWMLMHPrPG7ETyR

about that chinese guy...just found this (probably you already know):

guy spams the blockchain by sending 500BTC back and forth
https://bitcointalk.org/index.php?topic=197775.0

There's  a message in every transaction " one chinese sb which love 8 "

Classic

[lebing]

"After great boredom comes great excitement."
—Ancient Bitcoin Proverb.

"I only went to the bathroom."
—Ancient Bitcoin Proverb.

I lol'd