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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26408016 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
tarmi
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December 10, 2013, 04:06:22 PM
 #58421

going sideways until somebody decide to buy/sell to hell.

not for me. I will wait until the next dump, choo choo, whatever, patiently.
alexeft
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December 10, 2013, 04:07:14 PM
 #58422

What did I miss?Huh? Grin

Is it diesel or lpg for you?

Benzene actually... But I love my Hippo... Smiley

hippo? What's that?
cbutters
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December 10, 2013, 04:09:29 PM
 #58423

Well lookie here... we found the whale...

http://news.cnet.com/8301-1023_3-57615080-93/paypal-president-david-marcus-bitcoin-is-good-nfc-is-bad/

In other news, paypal president says bitcoins are good! Cheesy
macsga
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Strange, yet attractive.


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December 10, 2013, 04:10:32 PM
 #58424

What did I miss?Huh? Grin

Is it diesel or lpg for you?

Benzene actually... But I love my Hippo... Smiley

hippo? What's that?

HIPPO:
alexeft
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December 10, 2013, 04:14:36 PM
 #58425


So, you drive an off road vehicle in Greece on gasoline!!! I bet you are rich!!  Smiley
Rampion
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December 10, 2013, 04:15:26 PM
 #58426

To be honest, your not the only one who thinks we aren't finished with this crash/pop/correction/downtrend at the moment. I see lot's of evidence for and against and you've made some really interesting posts for it, but you really rob yourself of credibility when you say thing's like '10$' as the bottom price. I don't know if you actually believe it yourself or just want to appear trollish.

I'm kidding about $10. I thought it's obvious.
It will actually be $0.01  Grin

lol

trend line is broken on high volume. Going down.



LOL INDEED Cheesy Cheesy
macsga
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December 10, 2013, 04:16:14 PM
 #58427

So, you drive an off road vehicle in Greece on gasoline!!! I bet you are rich!!  Smiley

YOU BET I AM!!!
I 0WNz BTICONIZ!!!! Grin

By the way; that cat seems like she's wearing Nike or Adidas:
600watt
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December 10, 2013, 04:20:49 PM
 #58428

Well lookie here... we found the whale...

http://news.cnet.com/8301-1023_3-57615080-93/paypal-president-david-marcus-bitcoin-is-good-nfc-is-bad/

In other news, paypal president says bitcoins are good! Cheesy


WOW ! he even owns bitcoin himself !

Quote
"I really like Bitcoin. I own bitcoins," Marcus said at the LeWeb conference here.

that is bold considering that some say bitcoin will kill paypal.
barbs
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December 10, 2013, 04:21:41 PM
 #58429

it is basically impossible to trade this today, I'm out.

Going up, when i'm losing 0.00xxx btc trying to trade, imo. going drinking, please be at 1k when i'm back.
spooderman
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December 10, 2013, 04:27:11 PM
 #58430

I'm doing the most mundane work ever. Get paid to sit here watching this thread and i286 while rendering files on a laptop.

sorry I figured this is more interesting than 'wall observation' has been so far today.
cbutters
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December 10, 2013, 04:28:38 PM
 #58431




WOW ! he even owns bitcoin himself !

Quote
"I really like Bitcoin. I own bitcoins," Marcus said at the LeWeb conference here.

that is bold considering that some say bitcoin will kill paypal.


Yep thats why I said we found the whale!

Also, paypal might not die from bitcoin if it integrates with bitcoin.... assimilation.... resistance is futile
macsga
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December 10, 2013, 04:31:31 PM
 #58432




WOW ! he even owns bitcoin himself !

Quote
"I really like Bitcoin. I own bitcoins," Marcus said at the LeWeb conference here.

that is bold considering that some say bitcoin will kill paypal.


Yep thats why I said we found the whale!

Also, paypal might not die from bitcoin if it integrates with bitcoin.... assimilation.... resistance is futile
There's no "IF", it's "WHEN"... Wink
Dragonkiller
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Super Smash Bros. Ultimate Available Now!


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December 10, 2013, 04:33:17 PM
 #58433

I'm thinking of changing my sleeping hours. Nothing ever happens when I'm awake. Might go for a nap now.
thezerg
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December 10, 2013, 04:34:54 PM
 #58434




WOW ! he even owns bitcoin himself !

Quote
"I really like Bitcoin. I own bitcoins," Marcus said at the LeWeb conference here.

that is bold considering that some say bitcoin will kill paypal.


Yep thats why I said we found the whale!

Also, paypal might not die from bitcoin if it integrates with bitcoin.... assimilation.... resistance is futile
There's no "IF", it's "WHEN"... Wink

Absolutely, paypal will essentially become the internet's escrow agent (but they won't call it that because that word is scary to most).  CC's protect the consumer at the merchant's expense, BTC protects the merchant at the consumer's expense.  In both cases escrow and some kind of trust or rating system is needed.

oda.krell
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December 10, 2013, 04:42:08 PM
 #58435

Absolutely, paypal will essentially become the internet's escrow agent (but they won't call it that because that word is scary to most).  CC's protect the consumer at the merchant's expense, BTC protects the merchant at the consumer's expense.  In both cases escrow and some kind of trust or rating system is needed.




*head explodes*

Fuck, I'm not even kidding, I never thought of this possibility.

Like most here, I gently smile when I read one of those many mainstream articles claiming "Bitcoin could take off, but they really need to implement reversible transactions". It's a feature, bitch, not a bug.

But I *am* aware that reversible transactions are not per se bad. In fact, in many cases you might want something like that. Enter Paypal.

I have no idea if they're smart and nimble enough to see this huge opportunity, but if I were them, I'd at least have a small internal team dedicated to the possibility of setting something up like this, exploring the legal framework necessary to pull it off, etc.

Great insight, thezerg!
fr33d0miz3r
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December 10, 2013, 04:42:49 PM
 #58436

Let's compare charts from different exchanges.

MTGOX. We are still under the double top's neckline.



BITSTAMP and BTC-E.  We are already above the neckline  Grin





What does it mean? It probably means that we need to use other indicators to say where we are going to.
600watt
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December 10, 2013, 04:43:24 PM
 #58437




WOW ! he even owns bitcoin himself !

Quote
"I really like Bitcoin. I own bitcoins," Marcus said at the LeWeb conference here.

that is bold considering that some say bitcoin will kill paypal.


Yep thats why I said we found the whale!

Also, paypal might not die from bitcoin if it integrates with bitcoin.... assimilation.... resistance is futile
There's no "IF", it's "WHEN"... Wink

Absolutely, paypal will essentially become the internet's escrow agent (but they won't call it that because that word is scary to most).  CC's protect the consumer at the merchant's expense, BTC protects the merchant at the consumer's expense.  In both cases escrow and some kind of trust or rating system is needed.



interesting thought.
macsga
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December 10, 2013, 04:43:29 PM
 #58438

Engadget has got an up close and personal KNC miner interview!


http://www.engadget.com/2013/12/06/up-close-with-a-bitcoin-mining-powerhouse-video/
fr33d0miz3r
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December 10, 2013, 04:52:52 PM
 #58439

I always use the chart from BTCchina. I found it more reliable.

Ok, here is the chart from China.
I can't decide which variant of the neckline is correct there.

Chainsaw
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December 10, 2013, 04:54:01 PM
 #58440

Absolutely, paypal will essentially become the internet's escrow agent (but they won't call it that because that word is scary to most).  CC's protect the consumer at the merchant's expense, BTC protects the merchant at the consumer's expense.  In both cases escrow and some kind of trust or rating system is needed.




*head explodes*

Fuck, I'm not even kidding, I never thought of this possibility.

Like most here, I gently smile when I read one of those many mainstream articles claiming "Bitcoin could take off, but they really need to implement reversible transactions". It's a feature, bitch, not a bug.

But I *am* aware that reversible transactions are not per se bad. In fact, in many cases you might want something like that. Enter Paypal.

I have no idea if they're smart and nimble enough to see this huge opportunity, but if I were them, I'd at least have a small internal team dedicated to the possibility of setting something up like this, exploring the legal framework necessary to pull it off, etc.

Great insight, thezerg!

In May, I speculated that if PayPal didn't provide this service, someone else would.  Seven months later, this doesn't look like a niche a small group of motivated Bitcoiners could move into. But PayPal still could.  They remain the most natural fit.  Now that Bitcoin seems to have graduated to the big-enough tier of adoption, I would expect this niche to be filled within the next few months.

It definitely remains a land-grab.  (And for what it's worth, I see adding a functional use-of-money layer on top, a la Mastercoin, as the better option. But he who gets there first often beats out the superior option.)

However it plays out, it'll be insanely bullish for Bitcoin. As in, adding another zero or two to the price :-)
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