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

[Spaceman_Spiff]

lol, love this.

[ChartBuddy]

[marcelus]

Whatever happened to Proudhon?

[Crazy]

Whatever happened to Proudhon?

Last I saw he was sounding like a bull. Very disappointed in him

[justusranvier]

Is there a site like bitcoincharts.com that will display the daily weighted mtgoxUSD:BTC price in table format?

[Coinseeker]

I remain excited about BTC hitting $1000 but Litecoin is still burning up the charts.  Since breaking $1000, Bitcoin hasen't done much.  In 12 hours, Litecoin is up from ~$20 to $37.  Come on Bitcoin bulls, you're falling behind.  

[MahaRamana]

I remain excited about BTC hitting $1000 but Litecoin is still burning up the charts.  Since breaking $1000, Bitcoin hasen't done much.  In 12 hours, Litecoin is up from ~$20 to $37.  Come on Bitcoin bulls, you're falling behind.  

Very impressive.
Bitcoin is doing a lot but percentage wise, LTE is blowing it. Let's see if LTE rise continues without big correction.

[relm9]

I remain excited about BTC hitting $1000 but Litecoin is still burning up the charts.  Since breaking $1000, Bitcoin hasen't done much.  In 12 hours, Litecoin is up from ~$20 to $37.  Come on Bitcoin bulls, you're falling behind.  

On the Litecoin side, not going to end well once some big holders decide to take profits. I get the feeling everyone is just buying LTC because it's going up so fast and potentially increase their BTC holdings.

Maybe I'm wrong. I'm a huge fan of LTC but nothing really warrants this increase right now.

[dwdoc]

I remain excited about BTC hitting $1000 but Litecoin is still burning up the charts.  Since breaking $1000, Bitcoin hasen't done much.  In 12 hours, Litecoin is up from ~$20 to $37.  Come on Bitcoin bulls, you're falling behind.  

Yeah but where can I limit order trade $100,000 worth of litecoin?

[Tempered81]

http://www.rtcons.com/wall/16036.23.small.png

Will someone explain what the Two lines forming the "V" shape represent?  And what is the green squiggly line in between the two halfs of the "V" that is sometimes there?  Is this bid/ask or buy/sell and the green line represents liquidity & volume?

What is the "Wall"?  Is it a ratio of some sorts?  Allows prediction of movement?

Thank you

[herzmeister]

mBTC = moonBits?

http://www.reddit.com/r/Bitcoin/comments/1rl3iu/my_idea_for_what_to_call_mbtc/

[FUKT]

Why aren't businesses adopting bitcoin payments like crazy? we really should start with this now. Amazon, get on with it. We have to make this sustainable and not reliable on the fragile human psychology.

Because its still actually shit as a simple currency. Check reddit story of guy who buys a burito and has to wait an hour for confirmations, ends up paying them fiat aswell just to get home.

Uh, 0-confirm transactions are just fine for small purchases. Vendors need to get on with the program.

Yep. 4-6 confirmations are what exchanges wait for when transferring millions of dollars. Who gives a shit when it's a $1 coffee?

Also, have there ever ACTUALLY been any successful double spends (by that I mean someone lost their money/product)? I hear that they're possible and all, but I've never heard of someone doing one.

Good point, imagine trying to do a double spend at a coffee shop? If mainstream adoption occurs and some idiot does manage to do it then it basically becomes fraud/theft.

[ag@th0s]

Think we've got two choices, either an mBit should be called a Mythili or we should change the designation and call it a jBit - a Jinyoung, otherwise known as a J.

[Coinseeker]

I remain excited about BTC hitting $1000 but Litecoin is still burning up the charts.  Since breaking $1000, Bitcoin hasen't done much.  In 12 hours, Litecoin is up from ~$20 to $37.  Come on Bitcoin bulls, you're falling behind.  

On the Litecoin side, not going to end well once some big holders decide to take profits. I get the feeling everyone is just buying LTC because it's going up so fast and potentially increase their BTC holdings.

Maybe I'm wrong. I'm a huge fan of LTC but nothing really warrants this increase right now.

Sounds similar to what many have said about Bitcoin but it's true, that risk always remains.  Overall all I think it shows the sheer power of Bitcoin.  It's bringing in money to all corners of the crypto-world and that only strengthens Bitcoin's foundation and position, IMO.

As for $100k trades...I trade BTC-e.  $100k walls are getting more and more common.  A buy or sell wall could get filled but a $100k buy or dump would be tough without tremendous slippage.

As with Bitcoin, I'm always hoping for a big correction, so I can get more coins.  Want to help a brother out with that Goat?  

[chrsjrcj]

We rocket to ~$1400, then mega crash on thanksgiving while everyone is celebrating w family and not paying attention to tickers.

 

That's what the bots are for.

[BTCSTOCKZ]

http://www.rtcons.com/wall/16036.23.small.png

>>what is going on here^?-*this SUBTC/\1300 action is outright depressing! LOLL

[BitchicksHusband]

Media exposure is huge this time.

Big indeed. This time we go mainstream for real, baby.

5 digits by next year.

I can't tell if you are trolling, really.

Bitcoin has gone up 10x every 10 months and 100x in the last 10 months.  Why would he be trolling about 5 digits by one year from today?

[bnjmnkent]

bitstamp ppl really want stop this...

the US guys that want out go to Bitstamp, there's no other choice apart from OTC.

Coinbase...CampBX.  We have other choices.

btc-e

[DaRude]

Watching bitstamp is painfull, stampers need to hurry those deposits 

[bnjmnkent]

Why should someone pick this name, please?

http://www.bitcoinblackfriday.com/