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

[spooderman]

Wow! Three whole months! So education!

[tutkarz]

Fighting talk!!

http://www.independent.ie/business/eu-banking-watchdog-warns-of-risks-from-bitcoin-29835212.html

"The watchdog has been studying virtual currencies for three months and is still considering whether they can or ought to be regulated. It has powers to ban them, though questions remain over how this could be done in practice."

they have to protect us so we won't get too rich too fast. We are allowed to gain amount equal or less to inflation.

[Dragonkiller]

Fighting talk!!

http://www.independent.ie/business/eu-banking-watchdog-warns-of-risks-from-bitcoin-29835212.html

"The watchdog has been studying virtual currencies for three months and is still considering whether they can or ought to be regulated. It has powers to ban them, though questions remain over how this could be done in practice."

they have to protect us so we won't get too rich too fast. We are allowed to gain amount equal or less to inflation.

+1

[Erdogan]

Fighting talk!!

http://www.independent.ie/business/eu-banking-watchdog-warns-of-risks-from-bitcoin-29835212.html

"The watchdog has been studying virtual currencies for three months and is still considering whether they can or ought to be regulated. It has powers to ban them, though questions remain over how this could be done in practice."

Consumer protection, always. "We scare you, we protect you, oppose and we will crush you. The real question is, is bitcoin a risk for us?. Screw the public."

They have studied it for 3 months. That should be enough to "get it". They, as individuals, are probably now in load-up mode with borrowed money. 150 % BTC, -50 % fiat is the goal.

[mbets]

Fighting talk!!

http://www.independent.ie/business/eu-banking-watchdog-warns-of-risks-from-bitcoin-29835212.html

"The watchdog has been studying virtual currencies for three months and is still considering whether they can or ought to be regulated. It has powers to ban them, though questions remain over how this could be done in practice."

Consumer protection, always. "We scare you, we protect you, oppose and we will crush you. The real question is, is bitcoin a risk for us?. Screw the public."

They have studied it for 3 months. That should be enough to "get it". They, as individuals, are probably now in load-up mode with borrowed money. 150 % BTC, -50 % fiat is the goal.

It has powers to ban them?

[tutkarz]

Fighting talk!!

http://www.independent.ie/business/eu-banking-watchdog-warns-of-risks-from-bitcoin-29835212.html

"The watchdog has been studying virtual currencies for three months and is still considering whether they can or ought to be regulated. It has powers to ban them, though questions remain over how this could be done in practice."

Consumer protection, always. "We scare you, we protect you, oppose and we will crush you. The real question is, is bitcoin a risk for us?. Screw the public."

They have studied it for 3 months. That should be enough to "get it". They, as individuals, are probably now in load-up mode with borrowed money. 150 % BTC, -50 % fiat is the goal.

It has powers to ban them?

after USA de legalisation of gold in 1930 nothing can surprise me.

[EuroTrash]

Wow! Three whole months! So education!

 

[macsga]

Who gives a rat's ass what they will do? When they oppose we will fight back. New kid in town always wins.

[Aido]

Cup and handle on the 30 minute chart?

http://bitcoinwisdom.com/markets/mtgox/btcusd

[alexeft]

Fighting talk!!

http://www.independent.ie/business/eu-banking-watchdog-warns-of-risks-from-bitcoin-29835212.html

"The watchdog has been studying virtual currencies for three months and is still considering whether they can or ought to be regulated. It has powers to ban them, though questions remain over how this could be done in practice."

Consumer protection, always. "We scare you, we protect you, oppose and we will crush you. The real question is, is bitcoin a risk for us?. Screw the public."

They have studied it for 3 months. That should be enough to "get it". They, as individuals, are probably now in load-up mode with borrowed money. 150 % BTC, -50 % fiat is the goal.

It has powers to ban them?

Yes  

[EuroTrash]

New TA figure: "tight ass" = U-shaped bottom on low volume.

Ah well. We are either drawing an anus to that ass or it's capitulation time...

[alexeft]

Fighting talk!!

http://www.independent.ie/business/eu-banking-watchdog-warns-of-risks-from-bitcoin-29835212.html

"The watchdog has been studying virtual currencies for three months and is still considering whether they can or ought to be regulated. It has powers to ban them, though questions remain over how this could be done in practice."

Quote from the article

"Bitcoin is not backed by any central bank or government, or by physical assets. Its value depends on people's confidence in the currency."

Well, it's not like the euro is backed by anything else than our very asses!!!!! Ask me, I'm Greek!  

[tutkarz]

Who gives a rat's ass what they will do? When they oppose we will fight back. New kid in town always wins.

I hope we will win eventually but the problem is that if they disallow to use crypto currencies, then the price will dive down hard because we won't be able to count on merchant adoption. But still I think that in 3rd world countries bitcoin will be going stronger and in the end we will go back to it as we did with gold. Especially when this whole bs with current financial system will collapse.

[Erdogan]

Fighting talk!!

http://www.independent.ie/business/eu-banking-watchdog-warns-of-risks-from-bitcoin-29835212.html

"The watchdog has been studying virtual currencies for three months and is still considering whether they can or ought to be regulated. It has powers to ban them, though questions remain over how this could be done in practice."

Consumer protection, always. "We scare you, we protect you, oppose and we will crush you. The real question is, is bitcoin a risk for us?. Screw the public."

They have studied it for 3 months. That should be enough to "get it". They, as individuals, are probably now in load-up mode with borrowed money. 150 % BTC, -50 % fiat is the goal.

It has powers to ban them?

Of course not. That is just the "we protect you" mantra.

[maz]

Fighting talk!!

http://www.independent.ie/business/eu-banking-watchdog-warns-of-risks-from-bitcoin-29835212.html

"The watchdog has been studying virtual currencies for three months and is still considering whether they can or ought to be regulated. It has powers to ban them, though questions remain over how this could be done in practice."

Consumer protection, always. "We scare you, we protect you, oppose and we will crush you. The real question is, is bitcoin a risk for us?. Screw the public."

They have studied it for 3 months. That should be enough to "get it". They, as individuals, are probably now in load-up mode with borrowed money. 150 % BTC, -50 % fiat is the goal.

It has powers to ban them?

If it had any teeth to it's bark it wouldn't be allowing pay-day loan company's to get away with giving loans to children and charging people 5,853% APR. I wouldn't take them that seriously to be honest.

[crazy_rabbit]

Cup and handle on the 30 minute chart?

http://bitcoinwisdom.com/markets/mtgox/btcusd

What does the cup and handle suppose to signify?

[tutkarz]

Cup and handle on the 30 minute chart?

http://bitcoinwisdom.com/markets/mtgox/btcusd

What does the cup and handle suppose to signify?

dark side of the moon

[mbets]

Cup and handle on the 30 minute chart?

http://bitcoinwisdom.com/markets/mtgox/btcusd

What does the cup and handle suppose to signify?

That its about to go to the moon

[Mirsad]

Cup and handle on the 30 minute chart?

http://bitcoinwisdom.com/markets/mtgox/btcusd

What does the cup and handle suppose to signify?

That its about to go to the moon

It looks more like another head and shoulders.
Head was 1067$
Left shoulder 975$
Right shoulder 975$

[mbets]

Cup and handle on the 30 minute chart?

http://bitcoinwisdom.com/markets/mtgox/btcusd

What does the cup and handle suppose to signify?

It is a bullish pattern.

I don't see the handle though, I see only the cup