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

[Davyd05]

I can't figure out whether or not people are just reading the news in small waves or not lol.

[wachtwoord]

I like the title BOOM: A Major Wall Street Bank Just Initiated Coverage On Bitcoin And Identified A Fair Value

Read more: http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12#ixzz2mbfjaSfs


they are taking us more seriously, every day passes we see more attention from important people,organisations,markets...

Haha fair value at close to the current price. That's how I know wall street analysts. Be prepared for a doubling of the fair value estimate after the price doubles and a halving of it after the price halves

[MoreFun]

I can't figure out whether or not people are just reading the news in small waves or not lol.

Thats the market.

[gandhibt]

http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12

Ho Lee Fuk

No Ting Wong

Shi Ting El

Wi Tu Lo

To Da Moon

(im just trolling, don't know shit what that means to price)

[NewLiberty]

is silvers market cap only at 15 Billion USD?

Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves

(and over 1M available to be put in reserves so real number is closer to $800B)

Maybe he is just considering american eagles.

And only considering one aspect of Bitcoin.

[fluidjax]

I like the title BOOM: A Major Wall Street Bank Just Initiated Coverage On Bitcoin And Identified A Fair Value

Read more: http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12#ixzz2mbfjaSfs


they are taking us more seriously, every day passes we see more attention from important people,organisations,markets...

Haha fair value at close to the current price. That's how I know wall street analysts. Be prepared for a doubling of the fair value estimate after the price doubles and a halving of it after the price halves

Yes most of their job is that : predicting the present.

I love this, perhaps they would like to let us in on the secret way of giving Bitcoin a value. And 2 significant figures! ($13XX), when I think most trying to value Bitcoin  would struggle with orders of magnitude, unless of course they looked at what the market said ... but thats cheating and not basing it on fundamentals.

[Macno]

Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves

(and over 1M available to be put in reserves so real number is closer to $800B)

Maybe he is just considering american eagles.

And only considering one aspect of Bitcoin.
[/quote]

Thx! Damn, that is tiny...

[wachtwoord]

is silvers market cap only at 15 Billion USD?

Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves

(and over 1M available to be put in reserves so real number is closer to $800B)

Maybe he is just considering american eagles.

And only considering one aspect of Bitcoin.

And calculated a price north of today's. Mmm what would that indicate for the real value?

[stereotype]

http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12

Ho Lee Fuk

No Ting Wong

Shi Ting El

Wi Tu Lo

To Da Moon

To Da Moon

Ting Go Wow

[CryptStorm]

I imagine some number of the algo-bots are using the daily weighted average as some sort of guardrail or input, as we are hovering there now on gox.

edit: too many tea leaves are conflating reality with shit I just imagine (cheap coinz good, back to bed)

[JimboToronto]

poor bears.

Don't feel sad for them. Think of this as a form of education.

When they grow up and become bulls, they'll be grateful for the experience.

 

[Spaceman_Spiff]

Does anybody know of a platform that lets you short altcoins (other than litecoin) ? 

[seljo]

http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12

Ho Lee Fuk

No Ting Wong

Shi Ting El

Wi Tu Lo

To Da Moon

Cho Choo

[CryptStorm]

http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12

Ho Lee Fuk

No Ting Wong

Shi Ting El

Wi Tu Lo

To Da Moon

Cho Choo Chu Chu

FTFY 

[foxygoxy]

is silvers market cap only at 15 Billion USD?

Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves

(and over 1M available to be put in reserves so real number is closer to $800B)

Maybe he is just considering american eagles.

And only considering one aspect of Bitcoin.

30K tonns is the US silver reserve.
Total world reserve is 540K tons which equals about 450bn market cap.
http://minerals.usgs.gov/minerals/pubs/commodity/silver/mcs-2013-silve.pdf

[ChartBuddy]

[hannesnaude]

no one is that retarded to...

All sentences that start like this are ultimately proven false.

[ardana123]

http://www.latimes.com/business/money/la-fi-mo-bitcoin-counterfeit-germany-arrest-20131204,0,7896369.story#axzz2mbp3DlY5

Oh man, bitcoin "counterfeiters".

[mmitech]

CNBC covered the Chinese statement in a better way, not like other reports "Bitcoin banned"

http://www.cnbc.com/id/101249450

[hannesnaude]

they ban unicorns too.

They BANNED unicorns??!! I don't believe this.  Link or it didn't  happen.

 

Its no joking matter.... apparently...
http://somakeitup.blogspot.com/2013/10/ban-unicorn-jokes.html

BWAHAHAAAHAHAHA -- now THIS makes the whole China's-shitting-pantz-oh-noes-they-aren't thing worth getting out of bed for...

Dude, don't laugh at the lady. Apparently she finds those jokes uni-corny.