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

[nanobrain]

It doesn't attack the existing system; it creates a new one.

This.

Which is unfortunate because I would have liked to have lived through a great global economic revolution  

[bobdude17]

Yay, new all time high.

*shrugs*

[TERA]

There are no coins!

[NewLiberty]

There are no coins!

There is no spoon!

[ChartBuddy]

[Walsoraj]

There are no coins!

There is no spoon!

There are no "walls."

[JimboToronto]

There are no "walls."

Walls? We don't need no steenking Wals.

[wobber]

Waiting for Bitstamp to erode or vanish that wall so we can breach 450. After this, 500. BIG milestone and to be honest I don't care if it retraces to 250, it's has proven it's power to me.

[CryptStorm]

I think the price might actually climb after the senate meeting

I was thinking this, but now that so many people think it, I'm starting to doubt it.

There is that old saying "Buy the rumor, sell the news", so, likely, traders may sell on the news while n00Bh speculators may buy. With this demographic, I don't even assume to know what will happen, new money may outpace those looking to take profits.

[nanobrain]

So, Walsoraj, what happened to the single digit coins you were predicting?
Where can I pick some up?

[CryptStorm]

the working class is buying in china and they have free time on the weekends.

Any evidence to support that hypothesis or is that just made up because "It might probably be true" ?

There was a thread that specifically asked about banking on weekends, and, apparently, they are open for normal business. I can't verify the veracity, only that the statement was made, and sadly can't (won't bother to) find the thread, though, it was here, somewhere. :-)

[nanobrain]

There was a thread that specifically asked about banking on weekends, and, apparently, they are open for normal business. I can't verify the veracity, only that the statement was made, and sadly can't (won't bother to) find the thread, though, it was here, somewhere. :-)

A six day week is standard in China and Shanghai certainly never closes: banks used to close on a Sunday in HK but that may have changed since the handover (1997).

I used to live in China.

"money, money, make money"

[ChartBuddy]

[CryptStorm]

the working class is buying in china and they have free time on the weekends.

Any evidence to support that hypothesis or is that just made up because "It might probably be true" ?

There was a thread that specifically asked about banking on weekends, and, apparently, they are open for normal business. I can't verify the veracity, only that the statement was made, and sadly can't (won't bother to) find the thread, though, it was here, somewhere. :-)

many of the chinese traders are also women:)

Right, where did I just read that?

Anyway, for all we know, they may be casually thinking that $1000 (or whatever the equivalent would be) is the first (next) big number. They probably don't really think about $10 coins or $4 coins or $0.80 coins.

[kromer]

I think the price might actually climb after the senate meeting

I was thinking this, but now that so many people think it, I'm starting to doubt it.

There is that old saying "Buy the rumor, sell the news", so, likely, traders may sell on the news while n00Bh speculators may buy. With this demographic, I don't even assume to know what will happen, new money may outpace those looking to take profits.

There are far too many influences in play. Maybe large investors are waiting for the all-clear to buy in. Or maybe the meetings are being completely overhyped, and nothing even happens at all.

The way I see it, if it goes down and my coins lose value, I can live with that. But if I sell and it goes up, I have fallen off the train, and that would be unbearable after coming this far already.

[TERA]

I cannot wait till the first 5k+ ask pops up on an exchange.

[bnjmnkent]

might as well ask on here: how do you verify (?pgp key) that the bitcoin qt is legit from bitcoin.org ?

http://bitcoin.org/en/download

notice the .exe is 9mb but in actuality it is 11.1 mb.... did someone alter it?

sirus runs that site, i doubt something odd is going on. (unless hacked)

Isn't there a checksum?

[gizmoh]

I cannot wait till the first 5k+ ask pops up on an exchange.

And as everyone is trying to get out on top, you can bet a domino popping effect of big asks and stampede to eat bids, it won't be pretty then.

[ChartBuddy]

[bzzard]

Here's my detailed technical analysis of current events: