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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 26380975 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.)
HairyMaclairy
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December 20, 2013, 07:49:26 PM
 #66621

SilkRoad 2 guy arrested in Ireland. FBI got another 200k EUR worth of bitcoins.

FBI has no jurisdiction to seize coins in Ireland. Any link with specific details of the seizure please please please...?

Coins are on the interwebs not in Ireland.  Jurisdiction is irrelevant.
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fotosonics
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December 20, 2013, 07:49:38 PM
 #66622

H1 graph looking pretty grim... Sell or hodl?

I sodl.

I Hodl! New survey?
barbs
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December 20, 2013, 07:49:44 PM
 #66623

I've had three friends pull their money out and walk away from bit coin over the past few days.

Well done market makers / manipulators!
Dragonkiller
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December 20, 2013, 07:50:37 PM
 #66624

Agree, FBI does whatever it wants, wherever it wants
tHash
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December 20, 2013, 07:51:10 PM
 #66625

H1 graph looking pretty grim... Sell or hodl?

We can see an obvious attempt to ignite panic, but so far it hasn't worked.   It's pretty up in the air right now.  
Chances are it will be lower at some point over the next few days.   Of course bitcoin is notorious for doing what everyone least expects . . .
oda.krell
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December 20, 2013, 07:51:33 PM
 #66626

Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Great video, thanks for sharing, watching here...

Should I continue to listen past 5m19s? He already said he doesn't regard Bitcoin a currency and that he thinks the USD is superior. I already want to smack him twice. Does his talk improve?

Yes im at 16 min. and it gets better

I like his opinion on fungibility.

Edit:

Haha @ "Fuck off, Bitcoin works fine!" he just scored points. And now disrupting nation states. He should just skip the first 15 minutes of his talk.

 Smiley


Oh it's done @ 23:30. I loved the final few minutes. I don't understand what all the rest was about, it sounds like they replaced the speaker in the end. The first 15 minutes is just politically correct, untrue bull shit.

Bitcoin is WAY better than any fiat currency. Hell, Litecoin is better than any fiat currency, hell any PM is better than any fiat currency. Fiat currencies SUCK. Saying USD is better than Bitcoin makes me nauseous
and I wouldn't be able to say it out loud without making a face.



I know, I'm late to the party, just I just got a chance to watch the video now. It think it's fantastic, including the point that "Bitcoin isn't better than the USD (for now)".

It's the truth, for a substantial portion of the population and you should realize it.

On this forum it's taken as self evident that bitcoin > any fiat, but in reality, most people out there only care on a peripheral level about monetary policy, inflation, restrictions on transfer of wealth etc., as long as they're in a nice stable country. And you can go rant as long as you want, but practically living in one of the, say, G7 countries *does* mean you live in fucking stable circumstances.

In other words, if you're one of the lucky people in an ultra stable economic region and you're politically disinterested, it's spot on: you won't immediately think "Bitcoin is better".

So I really appreciate the point Antonopoulos made: it doesn't matter that BTC isn't "better" than the USD... Because right now, BTC is already better than a vast majority of other currencies, and it's probably only a matter of time before it becomes competitive with even the most widely accepted currency/currencies.

That's the point as I understood it. Bashing him for blasphemy because he doesn't spread the gospel of how Bitcoin is better than the Dollar and one million blowjobs is completely missing the point.



I specially like the concept of "separation of money and state".

If you think about it for just one second, it's just like in the past and ultimately unavoidable. Some time ago we did the separation of the church and state, even though for a long period of time that was something unimaginable. Now's the time for money...

"Instead of trying to change governments with a useless vote, or pathetic pleading, we merely abandon the government's powerbase - the power derived from control of exchange and currency." - Erik voorhees April 2012

Yeah, evorhees was here too. Later that day Andreas interviewed Vorhees.

Now I'm gonna fall to new lows, and give you guys shitty gossip:

Erik brought a supermodel superhot girlfriend to the full packed 800 male 20 female conference.  Cool



Found her Cheesy

Voodah
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December 20, 2013, 07:53:36 PM
 #66627

Confirmed.  Grin
HairyMaclairy
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December 20, 2013, 07:54:55 PM
 #66628

I've had three friends pull their money out and walk away from bit coin over the past few days.

Well done market makers / manipulators!

Go set aside a separate wallet for your friends with a couple beers worth of btc in it.  What you might buy them at the bar on a Friday night.  Don't tell them.  Leave it for two years.  Give it to them in 2016.  
EuroTrash
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December 20, 2013, 07:56:44 PM
 #66629

SilkRoad 2 guy arrested in Ireland. FBI got another 200k EUR worth of bitcoins.

FBI has no jurisdiction to seize coins in Ireland. Any link with specific details of the seizure please please please...?

Coins are on the interwebs not in Ireland.  Jurisdiction is irrelevant.

ah ok, thanks for lecture, I must be new.
Odalv
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December 20, 2013, 07:56:49 PM
 #66630

Never go ALL IN/OUT in a single trade.  If you are tempting take 2-5% of your stash and make bet. :-) ... you will see. Only gambler goes ALL IN/OUT  and sooner or later will lose all in a single bet.

It is always gambling, no matter if full Fiat, full BTC or you split.

Trading is a little more complicated than only gambling. (You can win if you are good enough)

I think if it more like poker rather then a generic casino table game.  Wink

Indeed. Good players will out-perform noobs 9 out of 10 times.

Same goes for traders.

There are noobs, traders, whales and bigger whales in bitcoin. :-)
CryptStorm
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December 20, 2013, 07:57:05 PM
 #66631

H1 graph looking pretty grim... Sell or hodl?

In bull markets, it pays to be in BTC. Does it in bear markets? I don't think so-- buy the dip. We *are* coming down the mountain right now.

edit: WOW, on the 4H, the RSI is almost at a top, and we are already 100 pts below our high yesterday (gox).
tHash
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December 20, 2013, 07:57:09 PM
 #66632

I've had three friends pull their money out and walk away from bit coin over the past few days.

Well done market makers / manipulators!

Really?   They didn't know going in that this happens?   I am very careful to explain the risks and how these things work to my friends.   Not one is less interested now than they were, which is to say most are quite sorry they didn't buy when I told them they should  Tongue

Did your friends lose money?
arklan
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December 20, 2013, 07:58:49 PM
 #66633

I've had three friends pull their money out and walk away from bit coin over the past few days.

Well done market makers / manipulators!

Go set aside a separate wallet for your friends with a couple beers worth of btc in it.  What you might buy them at the bar on a Friday night.  Don't tell them.  Leave it for two years.  Give it to them in 2016.  

I like this plan.
EuroTrash
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December 20, 2013, 07:59:46 PM
 #66634

Erik brought a supermodel superhot girlfriend to the full packed 800 male 20 female conference.  Cool

And if she was wearing a skirt, nobody could focus on the topic of the conference anymore  Grin
barbs
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December 20, 2013, 08:01:55 PM
 #66635

I've had three friends pull their money out and walk away from bit coin over the past few days.

Well done market makers / manipulators!

Really?   They didn't know going in that this happens?   I am very careful to explain the risks and how these things work to my friends.   Not one is less interested now than they were, which is to say most are quite sorry they didn't buy when I told them they should  Tongue

Did your friends lose money?

He lost about 3-4K $... oh well
HairyMaclairy
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December 20, 2013, 08:04:20 PM
 #66636

H1 graph looking pretty grim... Sell or hodl?

We can see an obvious attempt to ignite panic, but so far it hasn't worked.   It's pretty up in the air right now.  
Chances are it will be lower at some point over the next few days.   Of course bitcoin is notorious for doing what everyone least expects . . .

I expect it to be 400s sometime between now and 4 January.  

This is what I have learned from Bitcoin this last week.  

10 percent drop is huh wat?
20 percent drop is a squiggle
30 percent drop is a wiggle
40 percent drop is an adjustment
50 percent drop is a correction
60 percent drop is a strong correction
70 percent drop is a crash
80 percent drop is time to hodl

CryptStorm
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December 20, 2013, 08:04:39 PM
 #66637


HALLELUJAH!!!!! Grin
virtualfaqs
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December 20, 2013, 08:04:48 PM
 #66638

I've had three friends pull their money out and walk away from bit coin over the past few days.

Well done market makers / manipulators!

Really?   They didn't know going in that this happens?   I am very careful to explain the risks and how these things work to my friends.   Not one is less interested now than they were, which is to say most are quite sorry they didn't buy when I told them they should  Tongue

Did your friends lose money?

He lost about 3-4K $... oh well

There was a lady who bought at $1000 posting on this forum who had to take out a loan on their house to buy her first BTC. Kept talking about her dad investing 3000 BTC and trying to convince her to make her first buy. I wonder what happened to her.  Embarrassed
spooderman
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December 20, 2013, 08:08:25 PM
 #66639

cmon i want teh chip cions
barbs
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December 20, 2013, 08:08:52 PM
 #66640


Perfect to rub it in people's faces as the price drops Smiley Thanks for your cash guys! Wink
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