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

[windjc]

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???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

Haha. You mean Wallstreet bailed out? Those who create the monsters are those who save the world from it?

Sutton's next three major published books — Wall Street and the Bolshevik Revolution, Wall Street and the Rise of Hitler and Wall Street and FDR — detailed Wall Street's involvement in the Bolshevik Revolution (in order to destroy Russia as an economic competitor and turn it into "a captive market and a technical colony to be exploited by a few high-powered American financiers and the corporations under their control"[3]) as well as its decisive contributions to the rise of Adolf Hitler and Franklin Delano Roosevelt, whose policies he assessed as being essentially the same, namely "corporate socialism" planned by the big corporations.[4] Sutton concluded that this was all part of the economic power elites' "long-range program of nurturing collectivism"[1] and fostering "corporate socialism" in order to ensure "monopoly acquisition of wealth", because it "would fade away if it were exposed to the activity of a free market".

http://en.wikipedia.org/wiki/Antony_C._Sutton

I'm no fan of Wall Street and I prolly hate banksters worse than you do, but if you hate 'em so much, then why are you selling them your bitcoin at fire sale prices?

Are you crazy?

Please go away or stay at home with your stories about history that you were told by your state (terrorists).
A state who has been involved in more than one hundred wars in its short career.

LOL. You can say what you want about us yanks, but tonight, the line was held by Americans at Coinbase. I probably hate my government worse than you do, but I've never been more proud of my countrymen. I don't know the future, but if I have anything to do with it, we'll be taking the lead from here. Sell your coins at a $30 loss if you want. Courage wouldn't mean anything if everybody had it.

Billy, Zara is a perma bull like yourself. Lol. This discussion/argument over patriotism is hilarious. We are all on the same team.

Since there are only 3 of us bulls left on this forum, we need to not kill ourselves off.

[mah87]

STILL BULLS IN DENIAL HERE ? TELL ME WHEN THIS IS GONNA TOUCH 1000$ again !

[isov]

STILL BULLS IN DENIAL HERE ? TELL ME WHEN THIS IS GONNA TOUCH 1000$ again !

Hmmmm... Lets say 2nd of march? And for no reason, just felt like it.

[Zarathustra]

I'm no fan of Wall Street and I prolly hate banksters worse than you do, but if you hate 'em so much, then why are you selling them your bitcoin at fire sale prices?

Are you crazy?

Please go away or stay at home with your stories about history that you were told by your state (terrorists).
A state who has been involved in more than one hundred wars in its short career.
[/quote]

LOL. You can say what you want about us yanks, but tonight, the line was held by Americans at Coinbase. I probably hate my government worse than you do, but I've never been more proud of my countrymen.

Yes, because you are a countryman, a nationalist, a collectivist.

I don't know the future, but if I have anything to do with it, we'll be taking the lead from here.

You are a 'we'-man, a collectivist.

Sell your coins at a $30 loss if you want. Courage wouldn't mean anything if everybody had it.

Sell? Are you crazy?

[Mythul]

So who is saving Gox now ? Europe or China ?

Huge battle between bulls and bears @Gox right now.

[billyjoeallen]

STILL BULLS IN DENIAL HERE ? TELL ME WHEN THIS IS GONNA TOUCH 1000$ again !

You remind me of some guy three years ago. "Bulls still in denial here? When is it gonna touch $10 again?"

[solex]

MtGox finally breaking the downtrend on the 4 hour chart.

[windjc]

MtGox finally breaking the downtrend on the 4 hour chart.

People are finally coming to their senses. The run on the BTC buying has begun - to get it off the exchange.

[JorgeStolfi]

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

AFAIK banks in China reopened on Feb/07, perhaps some already on Feb/06; and they are usually open 7 days a week (although with reduced hours on the weekends). 

Since their banks reopened, the Chinese have generally pulled the price down while they are awake.  Check that hourly chart I posted yesterday.  But the price is falling gradually even when they are all asleep.

[Mythul]

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

AFAIK banks in China reopened on Feb/07, perhaps some already on Feb/06; and they are usually open 7 days a week (although with reduced hours on the weekends). 

Since their banks reopened, the Chinese have generally pulled the price down while they are awake.  Check that hourly chart I posted yesterday.  But the price is falling gradually even when they are all asleep.

Ah then that is bad news . All this bad news is getting out of control, but I have to admit, BTC is really one strong coin. I guess the moon is still there after the fud clouds clear.

[JorgeStolfi]

OK, I will risk a sharp prediction:
Tomorrow 2014-02-09 at 19:00 UTC, Huobi's price will be 4510 Yuan, plus or minus 20 Yuan.
At that same time, Bitstamp will be at 700 USD plus or minus 10 USD.
Before or after that time, I would not dare to guess.  

Very well done Sir !

LOL it is only 0900 UTC  
 

Yes, that price has been crossed already and may be crossed again soon.  However those are coincidences which I did not foresee.  I still hold my prediction, but only for 19:00 UTC, not an hour earlier, not an hour later.  I will not risk a guess about what the price will do at other times.

[JCviggen]

MtGox finally breaking the downtrend on the 4 hour chart.

People are finally coming to their senses. The run on the BTC buying has begun - to get it off the exchange.

I don't think anyone's going to do that until they actually can get it off (or a precise announcement of when it will be possible again)

[ChartBuddy]

Explanation

[ErisDiscordia]

LOL. You can say what you want about us yanks, but tonight, the line was held by Americans at Coinbase. I probably hate my government worse than you do, but I've never been more proud of my countrymen.

Are concepts like national pride and patriotism really needed in Bitcoinland? I don't think so.

[phyros]

LOL. You can say what you want about us yanks, but tonight, the line was held by Americans at Coinbase. I probably hate my government worse than you do, but I've never been more proud of my countrymen.

Are concepts like national pride and patriotism really needed in Bitcoinland? I don't think so.

+1

[surfer43]

STILL BULLS IN DENIAL HERE ? TELL ME WHEN THIS IS GONNA TOUCH 1000$ again !

Tomorrow 

[surfer43]

LOL. You can say what you want about us yanks, but tonight, the line was held by Americans at Coinbase. I probably hate my government worse than you do, but I've never been more proud of my countrymen.

Are concepts like national pride and patriotism really needed in Bitcoinland? I don't think so.

No offense but that is hardly patriotism  

[Spaceman_Spiff]

LOL. You can say what you want about us yanks, but tonight, the line was held by Americans at Coinbase. I probably hate my government worse than you do, but I've never been more proud of my countrymen.

Are concepts like national pride and patriotism really needed in Bitcoinland? I don't think so.

+1

+2

[Amechan]

LOL. You can say what you want about us yanks, but tonight, the line was held by Americans at Coinbase. I probably hate my government worse than you do, but I've never been more proud of my countrymen.

Are concepts like national pride and patriotism really needed in Bitcoinland? I don't think so.

+1

+2

[billyjoeallen]

Yes, because you are a countryman, a nationalist, a collectivist.

I don't know the future, but if I have anything to do with it, we'll be taking the lead from here.

You are a 'we'-man, a collectivist.

Sell your coins at a $30 loss if you want. Courage wouldn't mean anything if everybody had it.

Sell? Are you crazy?

A heard a story once 'bout an Englishman who bought some land in Texas and went to inspect his property. He thought he'd call on the rancher next door, but the rancher was not to be found. So this Limey spies a ranch hand mending a fence and goes up to ask him about the rancher. "Pardon me, Ol' Chap," Says the Englishman.  "Might I inquire as to the whereabouts of your master?" The cowboy looks the Englishman right in the eye and says, "Mister, that son of a bitch ain't been born yet."

That's the America I love and it has nothing to do with the crooks in New York or Washington. You can call me a collectivist if you want, but I consider myself more of a family man. Sometimes that means being a team player and sometimes that means following your conscience, your own council, and your heart on some lonely trail.

We ain't as different as you think, Mr. Philosopher. You got gumption, and I like that. In fact, I sense a little family resemblance.