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

[Davyd05]

Eh, hmm.

http://www.bloomberg.com/video/can-bitcoin-save-the-post-office-iQx5kWnzQI~iWL2ZmNNm0A.html

yeah that is insane

they held a public forum, I wondering if these reddit posts asking for questions and reasons for btc to be implemented are actually people going to events like these.. please lord let them see the light and yes I am speaking to His Most Eminent Highness Grand Caesar Imperator Goat.

[surfer43]

Interesting chart:

the bubbles are deflating less and less because its becoming more and more apparent what going on, digital money is the future, invest now, or you will be forced to work for 0.001BTC a month in a few years.  

ditto 

[Davyd05]

Almost Human does it again, with 3D printing this time. They don't call it a bitcoin but if you have payed attention or watched the season they refer to these silver usb sticks as BTC.
 
 The scene has a 3D Laser printer making a flower.. assuming advanced 3D printing. She takes a device that resembles a usb drive, at the least matches what the referred to as a bitcoin in the previous episodes taps it to his smart phone/tablet devices as to pay for the flowers and departs.

[ChartBuddy]

Explanation

[billyjoeallen]

It would be more interesting if it was accurate. The 2011 bubble was ~3000%  (from $1 to $32), the early 2013 bubble was ~1500% (from $13 to $260), and only the last rally was 600% (from $200 to $1200).  

ahh, thanks for accuracy and context. I would be greatly appreciative if we could only go up by 300% this time? OK?

That would be great.

300% is a likely ballpark of where the next surge will take us. That's why I think its going to be a while before we are at 10k. I think its going to take maybe 4 or 5 more surges.

Like for a rough guess, not at all really serious:

700 ---> 2100 300% then
1500 ---> 3750 150% then
3000 ---> 5250 75% then
4500 ---> 6750 50% then
6000 ----> 9000 50% and so on...

I agree, that's more probable than another 10X spike, but as the surges are coming closer together, we're still only looking at another 12-24 months before the $10K mark.

[TERA]

the bubbles are deflating less and less because its becoming more and more apparent what going on, digital money is the future, invest now, or you will be forced to work for 0.001BTC a month in a few years.  

The guy who made it (a Belgian economist) thinks bitcoin will correct to 600-400 in the following months.

everyone thought it would correct to 600-400.... even me, but i mean we watched all the FUD go by and, nothing....

now i'm thinking wtf kind of FUD is going to bring the price down to 600.....

seriously, whats it gana take?!

Maybe not FUD but actions. BTCChina actually goes down. Huobi actually goes down. Btce actually goes down. Gox crumbles. Bitstamp is the only remaining market leader to support the price.

Or anything involving Stamp would be really bad because they're basically the single point of failure of the entire commercial bitcoin ecosystem.

[windjc]

the bubbles are deflating less and less because its becoming more and more apparent what going on, digital money is the future, invest now, or you will be forced to work for 0.001BTC a month in a few years.  

The guy who made it (a Belgian economist) thinks bitcoin will correct to 600-400 in the following months.

everyone thought it would correct to 600-400.... even me, but i mean we watched all the FUD go by and, nothing....

now i'm thinking wtf kind of FUD is going to bring the price down to 600.....

seriously, whats it gana take?!

Maybe not FUD but actions. BTCChina actually goes down. Huobi actually goes down. Btce actually goes down. Gox crumbles. Bitstamp is the only remaining market leader to support the price.

Or anything involving Stamp would be really bad because they're basically the single point of failure of the entire commercial bitcoin ecosystem.

Ha. You're hilarious Tera. So what you are telling us is, if all exchanges go down then that's bearish and we might see $400.

Jess, I guess you are probably right about that. Lol.

[nanobrain]

Or anything involving Stamp would be really bad because they're basically the single point of failure of the entire commercial bitcoin ecosystem.

Ha. You're hilarious Tera. So what you are telling us is, if all exchanges go down then that's bearish and we might see $400.

Jess, I guess you are probably right about that. Lol.

Surely, Stamp are the single point of success.

If all the exchanges go down you'd be looking at $4, but then if there were no exchanges...

silly

[TERA]

Gox: -10%
Btcchina: -10%
Huobi: -30%
Btce: -20%  (altcoins: -90%)
Bitfinex: -15%
Bitstamp: -60%+

[OldGeek]

Holy crap! 870 coins sold on Stamp in seconds.  WTF?

[jl2012]

Gox: -10%
Btcchina: -10%
Huobi: -30%
Btce: -20%  (altcoins: -90%)
Bitfinex: -15%
Bitstamp: -60%+

Volume is always low during price stability, just like the $5, $13, $120 stability we have seen

[TERA]

[Davyd05]

denied but a re rally lol?

lol this is FUD about the BTC-e FUd http://www.reddit.com/r/Bitcoin/comments/1wyvdi/previous_reports_about_btce_confirmed_as_fake/

essentially the original posting is gone or whatnot, removed due to being a bs?

Holy crap! 870 coins sold on Stamp in seconds.  WTF?

relax there.. never seen a wall get eaten?

funny enough all that amounted to was bitstamp trigger huobi into a rally above 4900 again

[molecular]

Eh, hmm.

http://www.bloomberg.com/video/can-bitcoin-save-the-post-office-iQx5kWnzQI~iWL2ZmNNm0A.html

yeah that is insane

insane? Makes a lot of sense in my view.

[windjc]

denied but a re rally lol?

lol this is FUD about the BTC-e FUd http://www.reddit.com/r/Bitcoin/comments/1wyvdi/previous_reports_about_btce_confirmed_as_fake/

essentially the original posting is gone or whatnot, removed due to being a bs?

Shhh, don't tell the bears. They are busy figuring out a scenario where all exchanges close. lol

[Ducky1]

Opinions on this?

http://www.reddit.com/r/Bitcoin/comments/1wyg3m/million_city_in_russia_going_to_change_rubles_by/

Obvious bullshit.

[TERA]

The russian news caused btce price to rise as traders panic bought their way out of btce.  Now the russian news is fake and btce is still buying. It should be selling instead.

[Ducky1]

Opinions on this?

http://www.reddit.com/r/Bitcoin/comments/1wyg3m/million_city_in_russia_going_to_change_rubles_by/

Obvious bullshit.

and the btc-e news seemed to be bs


crazy russians

Seems the russian hackers will do anything to (try to) manipulate the bitcoin price. Fortunately it does not work, and thats bullish  

[Erdogan]

Eh, hmm.

http://www.bloomberg.com/video/can-bitcoin-save-the-post-office-iQx5kWnzQI~iWL2ZmNNm0A.html

yeah that is insane

they held a public forum, I wondering if these reddit posts asking for questions and reasons for btc to be implemented are actually people going to events like these.. please lord let them see the light and yes I am speaking to His Most Eminent Highness Grand Caesar Imperator Goat.

USPS: "We are desperate for publicity, but we are not going to do anything, as usual"

[Davyd05]

the demand for goxbux just rose quickly