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

[ChartBuddy]

[SheHadMANHands]

double apple bottom.

[Coinseeker]

Now THAT's an apple bottom.  Nothing less will do.   

[Vycid]

If you actually followed the source wikipedia links to, it says the following:

I use the term fiat or abstract paper money interchangeably to stand for a government supplied means of payment of no intrinsic worth.

So not even your own source actually supports your claim. It's just Wikipedia messing up.

Not sure why this bothers some of you so much.  There is government fiat, now digital fiat, clam shell fiat, etc, etc.  As freethink just said, fiat isn't necessarily a bad thing.  It's not bad that USD is fiat in that sense.  What's bad about USD is that it is debt based.  It enters the system as debt.  It would actually be nice if the treasury would just issue sovereign money and break capital holders grip on our economy.  But they can't/won't because they are in debt to the capital holders.  Some of you worry about the small things and don't really see the big picture at work here.

Because it is muddling language. When you add meanings to words, the words actually get less meaningful. This serves a good purpose in politically charged topics as you can become more vague about what you mean without people even realizing it a lot of times. The etymology is fairly clear in this case, fiat means by decree.

Relevant:
https://www.mtholyoke.edu/acad/intrel/orwell46.htm

Listen, guys. English is a living language. The definition of "fiat", in the context of money, has also come to mean "unbacked currency with no utility", despite its root meaning of "decree". Therefore it's not unreasonable to say bitcoins are fiat.

This really shouldn't bother anyone, since it's semantic and doesn't imply anything about the nature of bitcoins except that they have no backing. And they do have no backing.

"Artificial" used to mean 'artful' or 'skillful in construction''.
"Awful"? 'Evocative of awe'.
"Doom"? 'Lawful decree'.
"Passenger"? 'Foot traveler'.

[Odrec]

Any Black Friday bitcoin deals out there?? 

[Vycid]

We're moving again.

[Spaceman_Spiff]

We're moving again.

Looks pretty darn stable to me.

[spooderman]

We're moving again.

Looks pretty darn stable to me.

yeah. what's this? opposite day?

[ChartBuddy]

[haightst]

We're moving again.

Looks pretty darn stable to me.

_!_x2 -- DOUBLED MY STACKS OF BTCTC TODAY!!!!
//^maybe that says sumptin'??    hmmm

>>> LOVE YOU GUYS!!!<<<

[CryptStorm]

We're moving again.

Big bear cries tears of red.

[CryptStorm]

We're moving again.

Looks pretty darn stable to me.

_!_x2 -- DOUBLED MY STACKS OF BTCTC TODAY!!!!
//^maybe that says sumptin'??    hmmm

>>> LOVE YOU GUYS!!!<<<

Balance = 12 Satoshis

 

[Spaceman_Spiff]

Sentiment seems terrible today.  We are hovering around an all-time high, and a lot of people are acting as if we just had a crash, or that this is definitely the top....

[tHash]

We're moving again.

Looks pretty darn stable to me.

yeah. what's this? opposite day?

Everyone is waiting for the weekend dip to buy.   Many of the day traders have sold in anticipation thereof.   With most buyers waiting, and few sellers who have not yet sold, we are stable on a Thursday.   I think this may look a bit like the weekend after the $233-$175 correction.   But this is bitcoin . . .  Some half-hearted selling going on now.

[spooderman]

Sentiment seems terrible today.  We are hovering around an all-time high, and a lot of people are acting as if we just had a crash, or that this is definitely the top....

Agreed! Today got me feeling like I wanted out!

[CryptStorm]

We're moving again.

Looks pretty darn stable to me.

yeah. what's this? opposite day?

Everyone is waiting for the weekend dip to buy.   Many of the day traders have sold in anticipation thereof.   With most buyers waiting, and few sellers who have not yet sold, we are stable on a Thursday.   I think this may look a bit like the weekend after the $233-$175 correction.   But this is bitcoin . . .  Some half-hearted selling going on now.

Much of the talk here is noise, no offense to anyone (and I spend hours here lurking, reading, and now, finally, joining the fray, so I don't dismiss the conversation), but truth be told, Google trends ('bitcoin") is the Magic 8 Ball.

[haightst]

Sentiment seems terrible today.  We are hovering around an all-time high, and a lot of people are acting as if we just had a crash, or that this is definitely the top....

so we have about 600% to go then until we get to the top:)

*imo*~we see a swifter move up than this joint here >>BTC heading to $1000+

http://www.profitspi.com/stock-chart-str.aspx?id=GOOG&ca=1728973976

[RooKIED]

Can anybody explain why the difference between gox and stamp prices is now less than half of what it was yesterday?
Stamp $ 416 / Gox $ 432

[jojo69]

Can anybody explain why the difference between gox and stamp prices is now less than half of what it was yesterday?
Stamp $ 416 / Gox $ 432

not until we see if it continues to compress over time

[tHash]

Can anybody explain why the difference between gox and stamp prices is now less than half of what it was yesterday?
Stamp $ 416 / Gox $ 432

As arbitrage is not simple or quick, each exchange sets up it's own balance of supply/demand, to an extent.