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

[btcprice]

At 2242 Mountain Time Mt. Gox hit an all-time high of 1242. The same time gold was at 1241.928. We achieved parity.

[JimboToronto]

Everyone having fun yet?

[alexeft]

Everyone having fun yet?

Yes!!! We love dead bears!!! 

[Vycid]

That dump reminded me of this.

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

[macsga]

I expected a dump at the 1300-1500 range which was a bit steeper than now. I can live with 1242 for ath for a while though...

[jojo69]

everybody catch gold BTC parity there?

am I totally behind the times?

[johnblaze]

seemed like all exchanges dumped at the same time....

[alexeft]

I would love to be so rich that I can just dump thousands of coins on the market like a moron while not giving a fuck about slippage. (Not to mention acquiring those lovely Gox dollars in the process!)

Ahh... to be moronically rich!

The joys eh... 

[macsga]

everybody catch gold BTC parity there?

am I totally behind the times?

Yep; previous page

[jojo69]

everybody catch gold BTC parity there?

am I totally behind the times?

Yep; previous page

sorry, drunk, feast addled, wandering past terminal

party on garth

[jojo69]

2155 coin dump, $2,5 million, wow.

So many hookers and so much blow...

pretty much this

lolol

[vps15]

China Telecom is accepting Bitcoin.

http://js.189.cn/w2014

http://www.reddit.com/r/Bitcoin/comments/1roulj/china_telecom_accepts_bitcoin/

Third largest telecommunications provider in China, state-owned company...



I believe it's happening, gentlemen.



Edit: From reddit:

Also, this is an ad for a special offer, if you spend 500rmb in BTC, you get 1000rmb in subsidized crap or something...(probably the phone)

holy fucking shit we are going to hit $10000 way sooner than expected. the world is turning to btc faster than anyone could have thought, fiat really may become redundant in the not so distant future

Dude, chill. You cannot reasonably expect to go from $1B to $100B market cap in a couple months, it isn't sustainable.

look im just saying, the only reason why people think btc can go to $10000 is because if enough people start using it so much that it becomes accepted everywhere, such that the only reason why it would be worth $10000 per BTC is because fiat would become essentially redundant or worthless.  With another huge Chinese company, especially a state owned one, shows that this can happen sooner than people expect.

basically fuck the speculators, fuck the greedy assholes that think it can just be a get rich quick scheme and dont fully understand btc.  The move to $10000 is irrelevant of them.  what will get us to $10000 is real people converting their fiat because btc is better

(ps i know this has been said before but your comment suggests that you dont understand the way to $10000)

[niner]

@Holiday indicated that parity with gold was reached earlier.
Gold is now just 10 cents higher than BTC all time high.

[explorer]

Now only Paypal will hold it back from 10K mark. And yes; I know it was a Kilogram of gold. How many months away you think we are from making this true?

 $40000ish.

I believe that comes out to 16 months when using the cosmic calculator.

[Vycid]

China Telecom is accepting Bitcoin.

http://js.189.cn/w2014

http://www.reddit.com/r/Bitcoin/comments/1roulj/china_telecom_accepts_bitcoin/

Third largest telecommunications provider in China, state-owned company...



I believe it's happening, gentlemen.



Edit: From reddit:

Also, this is an ad for a special offer, if you spend 500rmb in BTC, you get 1000rmb in subsidized crap or something...(probably the phone)

holy fucking shit we are going to hit $10000 way sooner than expected. the world is turning to btc faster than anyone could have thought, fiat really may become redundant in the not so distant future

Dude, chill. You cannot reasonably expect to go from $1B to $100B market cap in a couple months, it isn't sustainable.

look im just saying, the only reason why people think btc can go to $10000 is because if enough people start using it so much that it becomes accepted everywhere, such that the only reason why it would be worth $10000 per BTC is because fiat would become essentially redundant or worthless.  With another huge Chinese company, especially a state owned one, shows that this can happen sooner than people expect.

basically fuck the speculators, fuck the greedy assholes that think it can just be a get rich quick scheme and dont fully understand btc.  The move to $10000 is irrelevant of them.  what will get us to $10000 is real people converting their fiat because btc is better

(ps i know this has been said before but your comment suggests that you dont understand the way to $10000)

Utter shite.

If gold can be worth 7 trillion without anyone spending it, Bitcoin can be worth 500 billion without anyone spending it.

Repeat after me. Bitcoin is a new asset class.

[vps15]

Now only Paypal will hold it back from 10K mark. And yes; I know it was a Kilogram of gold. How many months away you think we are from making this true?

 $40000ish.

I believe that comes out to 16 months when using the cosmic calculator.

on top of this i just saw someone post about a major Chinese state owned telecommunications company that started accepting btc on a previous page, $10000 is coming

[explorer]

on top of this i just saw someone post about a major Chinese state owned telecommunications company that started accepting btc on a previous page, $10000 is coming

So is winter. Aw, shit... I just looked out the window.  Looks like 10K   

[Apostata]

on top of this i just saw someone post about a major Chinese state owned telecommunications company that started accepting btc on a previous page, $10000 is coming
[/quote]

http://www.reddit.com/r/Bitcoin/comments/1roulj/china_telecom_accepts_bitcoin/

[vps15]

look im just saying, the only reason why people think btc can go to $10000 is because if enough people start using it so much that it becomes accepted everywhere, such that the only reason why it would be worth $10000 per BTC is because fiat would become essentially redundant or worthless.  With another huge Chinese company, especially a state owned one, shows that this can happen sooner than people expect.

basically fuck the speculators, fuck the greedy assholes that think it can just be a get rich quick scheme and dont fully understand btc.  The move to $10000 is irrelevant of them.  what will get us to $10000 is real people converting their fiat because btc is better

(ps i know this has been said before but your comment suggests that you dont understand the way to $10000)

Utter shite.

If gold can be worth 7 trillion without anyone spending it, Bitcoin can be worth 500 billion without anyone spending it.

Repeat after me. Bitcoin is a new asset class.

mate if you are such a bear and have no hope for btc then why are you even here

[Vycid]

look im just saying, the only reason why people think btc can go to $10000 is because if enough people start using it so much that it becomes accepted everywhere, such that the only reason why it would be worth $10000 per BTC is because fiat would become essentially redundant or worthless.  With another huge Chinese company, especially a state owned one, shows that this can happen sooner than people expect.

basically fuck the speculators, fuck the greedy assholes that think it can just be a get rich quick scheme and dont fully understand btc.  The move to $10000 is irrelevant of them.  what will get us to $10000 is real people converting their fiat because btc is better

(ps i know this has been said before but your comment suggests that you dont understand the way to $10000)

Utter shite.

If gold can be worth 7 trillion without anyone spending it, Bitcoin can be worth 500 billion without anyone spending it.

Repeat after me. Bitcoin is a new asset class.

mate if you are such a bear and have no hope for btc then why are you even here

Are you slow or something?