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

[BroodAap]

Cool real-time graphic of bitcoin movement:

http://static3.businessinsider.com/image/5288c45fecad04ed70d3d97f/gifanimation.gif

Is there an actual website that shows something like that?

Sorry, should have posted this link:

http://fiatleak.com/

Cool real-time graphic of bitcoin movement:

http://static3.businessinsider.com/image/5288c45fecad04ed70d3d97f/gifanimation.gif

Is there an actual website that shows something like that?

www.fiatleak.com

Thanks to you both.  

This site is awesome!

I watch it for fun pretty often. Would make a nice screensaver or something.  

Anyone else got problems with www.bitcoinity.org ?

[1714866908]

1714866908

[1714866908]

1714866908

[1714866908]

1714866908

[batcoin]

Cool real-time graphic of bitcoin movement:

http://static3.businessinsider.com/image/5288c45fecad04ed70d3d97f/gifanimation.gif

Is there an actual website that shows something like that?

Sorry, should have posted this link:

http://fiatleak.com/

Cool real-time graphic of bitcoin movement:

http://static3.businessinsider.com/image/5288c45fecad04ed70d3d97f/gifanimation.gif

Is there an actual website that shows something like that?

www.fiatleak.com

Thanks to you both.   

This site is awesome!

I watch it for fun pretty often. Would make a nice screensaver or something. 

Anyone else got problems with www.bitcoinity.org ?

Yeah, it's kind of a novelty site, but fun to watch all the same. There is a nice steady stream flowing into China and kinda of erratic spurts of BTC flowing into the US and EU. It kinda reminds me of the tortoise and the hare. I wonder who will win.

Bitcoinity has been finicky for me all day.

[miningnew]

Bitcoinity down for me

[ardana123]

https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?

[Cablez]

People are resistant of change and skeptical by their very nature.  Time is the only force that will convince them otherwise.

[Sitarow]

[haightst]

https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?

you call them common folk ? LMAO!!!   

[accord01]

$500!!!!

looks like the chinese were later after all...

I think the impact of demand from China is overblown.  The volume in China is driven by day traders because of the 0% commission rate.  I think new U.S. investors with deep pockets are behind most of the recent price increase.

If I were given to conspiracy theories, I would think that the media was scheming to link the price of Bitcoin to made-up Chinese demand, expecting the Chinese government to outlaw Bitcoin, thus creating a big crash.

1) Any reason for your first assumption?
2) Why on earth should the Chinese government outlaw Bitcoins? It's a gift from heaven for Chinese economics. It might get like the nuclear bomb of international economics.

1.  I have no proof.  I have no secret source from China.  When I read things in the lamestrealm media, I try to read between the lines.  I try to figure out what facts they started out with before they started their garbling and slanting process.  I'm guessing that they saw reports of high volume at BTCChina and falsely concluded that this must necessarily mean there is high buying demand in China.  They probably don't know about the 0% commissions, or don't understand that it would lead to a heavy volume of speculative day trading.

The burden of proof lies on the one who asserts the positive, and I have seen nothing outside of MSM reports to suggest extraordinary demand from China.

2.  The Chinese government believes in tight capital controls and has already outlawed other non-government currencies.  The best predictor of future behavior is relevant past behavior.

you should have stopped posting after 'I have no proof' because it only makes you more clueless

[ChartBuddy]

[YoYa]

https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?

you call them common folk ? LMAO!!!   

Hehehe, seems we have the first evidence of the bitcoin ascendancy. Now to do something about these peasants on my lawn, Jeeves!!! Jeaves! come here! What ho!

[vokain]

People are resistant of change and skeptical by their very nature.  Time is the only force that will convince them otherwise.

and our active efforts to grease the wheels of change

[ardana123]

https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?

you call them common folk ? LMAO!!!   

[Sitarow]

https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?

you call them common folk ? LMAO!!!   

I put up a comment along with an official email reply from Cloud Imperium Games from May 7th.

[haightst]

could someone call China and tell them to stop buying? they are trying to hoard all our bitcoins!  *look*>>


http://fiatleak.com/

[Spaceman_Spiff]

nice one  

EDIT: I adapted it a bit.

[Carlor]

could someone call China and tell them to stop buying? they are trying to hoard all our bitcoins!  *look*>>


http://fiatleak.com/

Why? I love to see China getting involved in big numbers.
A lot of bitcoins in China is better than a lot of bitcoins in the USA
US folks may start gathering all the whitelisted coins lol

[haightst]

could someone call China and tell them to stop buying? they are trying to hoard all our bitcoins!   *look*>>


http://fiatleak.com/

Why? I love to see China getting involved in big numbers.
A lot of bitcoins in China is better than a lot of bitcoins in the USA
US folks may start gathering all the whitelisted coins lol

i prefer the greenlisted coins myself!   weeee


http://content.wheresweed.com/blog_images/main/kermit-is-a-goner-1.gif

[lebing]

Appears that USD exchanges are just getting out of the way of the chinese stampede.

[YoYa]

Which review is that from?

[rpietila]

We are already 50% over the monthly-average exponential trendline, so a retracement is possible any time.

wow, you bearish?

 

The definition of trendline is that (about) half of the time price is over the trend, and half of the time it is under the trend.

It is therefore smart to buy when price is below trendline, and sell if it goes too high above it.

I do not easily recommend selling for trading purposes, because buy&hold works better.

But if you have been in it for a long time and want to sell periodically, we have just entered the period where it makes sense to sell.

Don't forget that if we spend significant time significantly above your trendline...

...you should re-draw your trendline

Sure. With this methodology it is easy, because the datapoints are monthly weighted averages and new points are added only once per month. December target based on Jan2009-Oct2013 is $404.

I do not suggest anyone to buy above $700 this year, it is likely a bubble and you can likely buy cheaper next year if you just wait. Furthermore, I have pounded the table extremely hard from about $195 (the only time I pounded so hard before was February), and everyone wanting to enter in based on my advice should have done it by now.

But do not speculate - unless you intend to permanently start lowering the number of your bitcoins, do not sell.