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

[Richy_T]

I dont know whats going to happen next week, and frankly i don't care, i'm buying, all i care about is supporting an idea. the idea that in the future the poeple will take back the power of money, no more inflation, no more out of control "print and spend", no more completely out of whack stock market due to massive FED manipulation. only truth, backed-up on the blockchain for all to see. this idea is about freedom from financial corruption, this idea is worth dying for, what's a few dollar worth, NOT A DAMN THING.

[KFR]

Damn, Adam.  Well said sir.  

[Peter R]

Damn, Adam.  Well said sir.  

+1

[surfer43]

Damn, Adam.  Well said sir.  

+1

especially

what's a few dollar worth, NOT A DAMN THING.

Bitcoin isn't about money. It's about freedom.

[KeyserSoze]

Anyone know what's the deal is with Coinbase [spread]?

It seems like when there is a big drop in price the spread widens on Coinbase.

+1. Usully a bit of price lag at Coinbase. Seems to me the faster/farther the fall, the wider the spread. One can almost count on never catching Bitstamp's bottom at Coinbase, however if one is a "glass is half full" kind of person he may be mildly happy to occasionally catch Coinbase lower than Bitstamp because Bitstamp has started climbing again before Coinbase catches up.  

[pungopete468]

I dont know whats going to happen next week, and frankly i don't care, i'm buying, all i care about is supporting an idea. the idea that in the future the poeple will take back the power of money, no more inflation, no more out of control "print and spend", no more completely out of whack stock market due to massive FED manipulation. only truth, backed-up on the blockchain for all to see. this idea is about freedom from financial corruption, this idea is worth dying for, what's a few dollar worth, NOT A DAMN THING.

Sounds like a marshal motivating his kamikaze pilots.

As an inspirational reminder for most of us here today; simply restating the reasons why we're early adopters of Bitcoin in the first place...

[JakeGold]

[...] what's a few dollar worth, NOT A DAMN THING.

For now, you can at least trade your $2 for BTC0.004. Again, for now...

[surfer43]

[...] what's a few dollar worth, NOT A DAMN THING.

For now, you can at least trade your $2 for BTC0.004. Again, for now...

Where can I do that? 

[creekbore]

What amazes me is that I lived in the US in the late eighties and kids were saying "awesome" then; its somehow managed to stay in fashion for 30 years and become a lazy global adjective.

Yeah dude that's sick.

Just checking back through.  

While I appreciate what you're trying to say there, where I live on planet Earth (a long, long way from the USA) no-one says "dude" or "sick" whereas you will hear "awesome" used to describe the most trivial thing: "look! a blue car", "awesome" and by people of an age and educational background to know far better.  

Anyway, seems like pages and pages of the same.  I imagine someone is making a killing from all this volatility.

But I'm intrigued as to why there is any trading on EmptyGox, what are people hoping to achieve other providing Mark with frappacino funds?

[aminorex]

But I'm intrigued as to why there is any trading on EmptyGox, what are people hoping to achieve other providing Mark with frappacino funds?

Isn't that reward enough?

It can't be used for anything else, except trading, in an effort to compound it.

[seleme]

[...] what's a few dollar worth, NOT A DAMN THING.

For now, you can at least trade your $2 for BTC0.004. Again, for now...

Where can I do that? 

I'd throw few bucks there too 

[LightRider]

https://twitter.com/Lightrider/status/432394772636897280

[billyjoeallen]

Anyone know what's the deal is with Coinbase?  Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread.  Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption).  Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.

Anyone know what's going on there?

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

[Walsoraj]

What is coinbase is the whale manipulating prices on chinese exchanges?

 

[Mythul]

Finally the solvent exchanges are successfully decoupling from Gox. Is it possible to have goxBTC at $300 and realBTC > $600 ??

[billyjoeallen]

What is coinbase is the whale manipulating prices on chinese exchanges?

 

Screw China. Wouldn't  be the first time we saved their asses from Japan.

[Mythul]

What is coinbase is the whale manipulating prices on chinese exchanges?

 

Screw China. Wouldn't  be the first time we saved their asses from Japan.

I think this time China will counterbalance new Gox FUD since their banks open on monday.

[JCviggen]

Finally the solvent exchanges are successfully decoupling from Gox. Is it possible to have goxBTC at $300 and realBTC > $600 ??

Funnily enough something like that could end up saving Mt.Gox. If you're getting a 50% spread quite a few people who can handle the risk would be wiring large sums of money into Gox' coffers. Restoring the imbalance created by months of Gox leading the prices by 100$ or more. It would be a neat example of a self-correcting problem.

[Zarathustra]

Anyone know what's the deal is with Coinbase?  Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread.  Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption).  Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.

Anyone know what's going on there?

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

[zakalwe]

What is coinbase is the whale manipulating prices on chinese exchanges?

 

Screw China. Wouldn't  be the first time we saved their asses from Japan.

I think this time China will counterbalance new Gox FUD since their banks open on monday.

+1