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

[MickeyT2008]

Likely the same API issue they've had in the past, because Bitstamp puts a limit on the number of API calls and then they ban you.

They should run their public API calls locally at a refresh interval and then cache them with their CDN. I don't know what's so hard, but that might just be me. Their current API setup is very unprofessional.

Well, that's still the problem with many Bitcoin services: they've gotten overrun by bitcoin's and their own success and they're struggling now to scale their technology to an adequate level quickly...
 

Yeah, imagine the fun when the reality that Bitcoin doesn't scale finally hits home.

Not to mention all the money that's been put into mining.  It doesn't matter how fast everyone mines or how much they've spent on it, they're still only going to get 25BTC every ten minutes between them.

A lot of miners who purchased the latest 28nm are in for a rude awakening.  There is no way they can recover the Bitcoin equivalent of their purchase price.  They will be lucky to recover even the USD equivalent of the purchase price.

They're probably in for a rude awakening on account of having done business with BFL, they'll be lucky to get their Monarch cards before the last bitcoin is mined if BFL's history is anything to go by.

I made the mistake of ordering one of their 7GH/s miners.  I'd still be waiting for it now if I hadn't changed it to hosted mining, and I only did that because it wouldn't have even covered the cost of its own electricity, this way BFL have to pay the electricity bill and I don't have to pay import duty so at least I shouldn't make even more of a loss.  I only did that because the bastards refused to refund me after they delayed so much that it was worthless.  Well, I won't be making that mistake again, bye bye bitcoins.  I feel sorry for those who've given thousands to BFL, at least my loss wasn't that much.

If you assume a timely delivery of product, the best one can recover in USD is about 75% of the purchase price.

if a delivery is delayed by a month (considering the rise in difficulty), the buyer may be able to recover at best 30% of the purchase price.

I doubt that they'll sort it out in any reasonable timeframe, but at least this way it won't cost me any more.  The only other alternative I had was to ignore the delivery notice from the post office when it eventually turned up.  Although it's annoying the amount I'd spent wouldn't have covered the cost of suing them - especially since they're in a different country and can afford posher lawyers than I can.

[macsga]

Here we go people, it's revving up again!
Go BTC!!!

[Davyd05]

Stamp look like its about to start to roll again

Edit: so Gox decided it would rev its engine as well

[wilfried]

btw found out that there is a bitfinex chart on bitcoinwisdom

http://bitcoinwisdom.com/markets/bitfinex/btcusd

yesterday bitfinex detached from bitstamp price several times and went higher than bitstamp

[Sword Smith]

This is a pretty cool chart. I wish that ChartBuddy would display the market depth of four exchanges and not just one, though.

[Taxidermista]

Folks!

We've all made a killing trading Bitcoin.

If you believe in Karma (or not), please donate a fraction of a Bitcoin to help the unfortunate victims of typhoon Haiyan.

Read:  http://money.cnn.com/2013/11/13/investing/bitcoins-philippines-typhoon-donations/

Enough fractions of a Bitcoin with enough donors can make a big difference.

Giving like this helps build up the reputation of Bitcoin.

Thanks!!

[Coinseeker]

Yeah, imagine the fun when the reality that Bitcoin doesn't scale finally hits home.

We'll see. So far the core developers seem confident that things like max. block size _can_ scale up... Whatever that means.

It basically means centralization for Bitcoin.  

http://www.youtube.com/watch?v=cZp7UGgBR0I

[Davyd05]

Gratz to teh new ATH(421.48) on Stamp... Merry 420

[haightst]

Folks!

We've all made a killing trading Bitcoin.

If you believe in Karma (or not), please donate a fraction of a Bitcoin to help the unfortunate victims of typhoon Haiyan.

Read:  http://money.cnn.com/2013/11/13/investing/bitcoins-philippines-typhoon-donations/

Enough fractions of a Bitcoin with enough donors can make a big difference.

Giving like this helps build up the reputation of Bitcoin.

Thanks!!

 Karma? LOL that's funny !~ this pack of greedy wolves don't donate 'ish !
~ in all the time, after countless hours devoted to supporting the community with no pay= i've NEVER received a donation(*except from Prime Dice/stunna!)  

/\BTC>>>GOD BLESS THE FAMILIES IN THE PHILIPPINES!!!!x1OBTC[

[bclcjunkie]

well today i donated 1 btc after realizing quite a profit.. ... sold most of my stash, left a few for a rainy day.. all in at 200+ out at 400+... could've held yes but i'm still a happy camper... btw don't underestimate the power of charity it can return to you wonders...

Folks!

We've all made a killing trading Bitcoin.

If you believe in Karma (or not), please donate a fraction of a Bitcoin to help the unfortunate victims of typhoon Haiyan.

Read:  http://money.cnn.com/2013/11/13/investing/bitcoins-philippines-typhoon-donations/

Enough fractions of a Bitcoin with enough donors can make a big difference.

Giving like this helps build up the reputation of Bitcoin.

Thanks!!

 Karma? LOL that's funny !~ this pack of greedy wolves don't donate 'ish !
~ in all the time, after countless hours devoted to supporting the community with no pay= i've NEVER received a donation(*except from Prime Dice/stunna!)  

/\BTC>>>GOD BLESS THE FAMILIES IN THE PHILIPPINES!!!!x1OBTC[

[haightst]

well today i donated 1 btc after realizing quite a profit.. ... sold most of my stash, left a few for a rainy day.. all in at 200+ out at 400+... could've held yes but i'm still a happy camper... btw don't underestimate the power of charity it can return to you wonders...

Folks!

We've all made a killing trading Bitcoin.

If you believe in Karma (or not), please donate a fraction of a Bitcoin to help the unfortunate victims of typhoon Haiyan.

Read:  http://money.cnn.com/2013/11/13/investing/bitcoins-philippines-typhoon-donations/

Enough fractions of a Bitcoin with enough donors can make a big difference.

Giving like this helps build up the reputation of Bitcoin.

Thanks!!

 Karma? LOL that's funny !~ this pack of greedy wolves don't donate 'ish !
~ in all the time, after countless hours devoted to supporting the community with no pay= i've NEVER received a donation(*except from Prime Dice/stunna!)  

/\BTC>>>GOD BLESS THE FAMILIES IN THE PHILIPPINES!!!!x1OBTC[

I think it's a myth maybe you are the one cool person or something!?~ someone prove me wrong!= a penny for the trees??LOL   




BTC  1She6y69TT4S3JHsiLYJwVdV4Q1kUb1g4

[gambitv]

The excitement around this rise from early October doesn't seem to be slowing down...

Not if you go by some of the posts on reddit, like this one for example about the diverse crowd at the physical bitcoin store in Vancouver.

[gizmoh]

I have the impression the rocket is stalling
One whale decides to dump and Weeeee it goes..

[Spaceman_Spiff]

I have the impression the rocket is stalling
One whale decides to dump and Weeeee it goes..

It's outrageous that the value hasn't increased 8% today ! 
 

[San1ty]

I have the impression the rocket is stalling
One whale decides to dump and Weeeee it goes..

Lol what are you talking about ?

There are 6 phases in a rocket launch you know:

1. Main Engine ignites and liftoff occurs.
2. Solid rocket boosters burn off their fuel and separate from the rocket. <- You are here.
3. Booster burns off fuel and jettisons from the rocket. The second stage or engine is revealed.
4. Second stage ignites and pushes the rocket farther along its path.
5. Payload fairing jettisons and reveals the payload.
6. The payload separates from the rocket and begins its mission in space.

[haightst]

I have the impression the rocket is stalling
One whale decides to dump and Weeeee it goes..

who wants to BTCet I can make it go up or down?
(using "the force" )
LOLLL!
 http://smilies.newcastlebeats.com/smilies/chewy.gif/\WEEEEEE!!!

[fluidjax]

You should not under estimate that a rocket if using the correct propulsion system (infinite probability drive) can create whales.

"It is important to note that suddenly, and against all probability, a sperm whale had been called into existence, several miles above the surface of an alien planet. And since this is not a naturally tenable position for a whale, this innocent creature had very little time to come to terms with its identity."

[bitcodo]

I have the impression the rocket is stalling
One whale decides to dump and Weeeee it goes..

Lol what are you talking about ?

There are 6 phases in a rocket launch you know:

1. Main Engine ignites and liftoff occurs.
2. Solid rocket boosters burn off their fuel and separate from the rocket. <- You are here.
3. Booster burns off fuel and jettisons from the rocket. The second stage or engine is revealed.
4. Second stage ignites and pushes the rocket farther along its path.
5. Payload fairing jettisons and reveals the payload.
6. The payload separates from the rocket and begins its mission in space.

Who made that engines? We need second cosmic velocity to escape from gravity. Some of the staff members are incompetent.

[macsga]

I have the impression the rocket is stalling
One whale decides to dump and Weeeee it goes..

who wants to BTCet I can make it go up or down?
(using "the force" )
LOLLL!
 /\WEEEEEE!!!

[ChartBuddy]