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

[aminorex]

I bought pi goxcoins for 1/pi bitcoins each, just for fun.

I yearn for a complex wallet.

[Holliday]

How about Karples just makes a clear statement already. Even if the worst thing possible... they lost/stole everyone's money.... couldn't be worse than leaving everyone in the dark to  speculate on what is happening, and what they think the market will do because of what they think is happening and reacting to ghosts and shadows.... or twitter post deletions.... I guess this is just bitcoin though.

Without knowing the guy personally, what I've seen so far indicates he's got some issues admitting he was wrong/made a mistake or plain is out of his depth technically trying to solve something. Hence, I expect this to drag on for a while still.

Indeed.

   Lack of remorse or guilt
    Emotionally shallow
    Callous/lack of empathy
    Failure to accept responsibility for own actions

[deadfi$h]

Looks like a pretty large hidden buy order on Stamp at 545.

No order is visible on the books but that price has already eaten > 400 BTC in big 90+BTC chunks.

[ChrisML]

30K BTC volume on Bitcoinbuilder

[UnDerDoG81]

Got coins @bottom for the first time. Get my. Coins @514 on stamp.

Anyvody can expect the bottom? Hoping for low 400s but seems impossible.

[delphic]

I bought pi goxcoins for 1/pi bitcoins each, just for fun.

I yearn for a complex wallet.

Great idea.

It could hodl in the form (Bitcoins + i Goxcoins)

[cbutters]

How about Karples just makes a clear statement already. Even if the worst thing possible... they lost/stole everyone's money.... couldn't be worse than leaving everyone in the dark to  speculate on what is happening, and what they think the market will do because of what they think is happening and reacting to ghosts and shadows.... or twitter post deletions.... I guess this is just bitcoin though.

http://en.wikipedia.org/wiki/K%C3%BCbler-Ross_model

I think your post is at stage 3: Bargaining.

Hahaha This got a rise out of me... luckily I'm not brand new to bitcoin and still am well beyond the level of unprofitability at this point. I do still feel bad for all those I made aware of bitcoin who were buying at the high...

[EuroTrash]

I bought pi goxcoins for 1/pi bitcoins each, just for fun.

I yearn for a complex wallet.

Great idea.

It could hodl in the form (Bitcoins + i Goxcoins)

[zyk]

How about Karples just makes a clear statement already. Even if the worst thing possible... they lost/stole everyone's money.... couldn't be worse than leaving everyone in the dark to  speculate on what is happening, and what they think the market will do because of what they think is happening and reacting to ghosts and shadows.... or twitter post deletions.... I guess this is just bitcoin though.

no its about real -world laywers which want to be paid by everybodys gains in bitcoins cause they would never dare to risk their own

efforts for getting anything accomplished.....you got to wait until they are paid beforhand before you will hear anything official -- get

used to it and in bitstamps queue please

[ChartBuddy]

Explanation

[seleme]

Anyone else having problems with BTC-e deposits? I have 3 deposits of 65 BTC combines with 12 and 13 confirmations and still not credited to my account.

[billyjoeallen]

To an extent I agree I do not think this is a Higlander scenario

There can be more than one

Money is the ultimate network effect. How is any other crytpcoin supposed to have less volatility than the one with the largest market cap? If volatility slows adoption, and I think we all agree that it does, then it's a huge hurdle to overcome.

Money is the ultimate network effect.

I hear you and I am a true beliver in the power of the network effect if a company/coin is lucky enough to ride that wave (after wave, after wave, eeek Tsunami)

But

A coin that was more evenly distributed with no huge holders, that traded on an exchange with high liquidity or a decentralised peer to peer exchange between wallet holders, with a baked in exchange into the client.... may have less volatility.

Also I think that volatility is what caught a lot of peoples attention to Bitcoin... so it is a double edged sword.

Also something great may come along, I am already diversified, I like Bitcoin but I also like some other cryptos that are popping up, dare I mention them here
but like Nxt and Mastercoin, Protoshares that I think may have some potential , especially with the DAC's and colour coins etc...  there is the potential to create some stable currencies using those protocols, as well as peer to peer exchange, and also like it or not as a concept, as a business the forging aspect of Nxt, if they can continue to grow and develop, is quite interesting, especially if you have a large number of Nxt, so there is reason to invest in the network and "forge" from there if the platform develops into something of use, which people can build onto , which is the idea, and if the community can reach out and encourage adoption because it provides solutions and profitable opportunites, then yes I can see another crypto doing quite well... does that mean it will dwarf Bitcoin, no... infact I am more inclined to think that the next "big and useful" coin we see will not get its next leg up, until Bitcoin has its next leg up... ie if Bitcoin jumps to $5000 and drags the marketcap up to 60 billionish then I can see coins like Litecoin, Nxt ** etc catching a ride on the coattails  and increasing their marketcaps potentially by several billion+ ......which then would have a knock on effect, money is the ultimate network effect... and those development bounties that are out there would all suddenly have a lot more bang for their respective crypto buck, which means they can spend more on developing more , more marketing etc...
 
Also as Bitcoin becomes more mainstream it is carving the path, and in doing so , doing a lot of the grunt work.. if people do get comfortable with Bitcoin, they are more likely to give another crypto a go that goes for traders/merchants and individuals even the media.
 
I am playing devils advocate here ! and I do think that Bitcoin remains the mothership for now, and most likely for sometime, the network headstart is huge, and so is the headstart for adoption rates, ecosystem, investment rates, public awareness, vested interests, regulations, users, marketcap, etc  but never say never is my moto.

 The other thing is that some Goliath of a corporation could try to give it a go.. one with a huge market share already in a symbotic industry that could evolve a concept and role it out to the masses with their already in place marketing machine and vast funds to throw at it and the masses would lap it up, and not care that it was not decentralised and not care that it was funded by "the usual suspects" that is also possible..

 **Yes even dare I say it Ripple and fcking Dogecoin because wow

That's a thoughtful analysis. The reason I doubt corpcoin will unseat Bitcoin is because so few companies are able to leverage their market position into other growth industries.  Microsoft had max leverage and gave us Office and XBox, but almost all of their other dozens of attempts fell flat. Google gives us Google Plus and almost as many other failed examples. MySpace didn't get creamed by Yahoo, but by another nimble startup, FB. There's danger in straying too far from your core competencies.  There are exceptions, of course. Who would have thought 20 years ago that Apple would be a phone company? Still, Apple and Facebook are the exceptions that prove the rule.

MS still rules the roost in operating systems and Bitcoin will likely do the same for Crypto. The differences are they are at vastly different stages in their life-cycle, but more importantly Bitcoin by virtue of being a distributed autonomous corporation is immune to rent-seeking behavior of it's management. 

[seleme]

Apparently not, lot of people in trollbox confirming btc-e deposit delays.

Hm, this smells like purposed to take advantage of arb with Stamp.

[MatTheCat]

Anyone else having problems with BTC-e deposits? I have 3 deposits of 65 BTC combines with 12 and 13 confirmations and still not credited to my account.

Hence the lack of arbitrage taking between exchanges and the reason I never fancied partaking. BTC-e is a pain in the ass and I don't trust them.

I smell a possible bear trap. Wait and see.

U could be right. I am right now 55/45 on whether to close my latest short whilst it is still even/slightly ahead. I don't see any clear indications that the market will favour either direction from the indicators I use on Bitcoinwisdom. Prevailing sentiment must surely be overall negative, but that wouldn't prevent a revisit to $579 resistance level, which as leveraged short trades go, would be painful for me to take.

[magicmexican]

Anyone else having problems with BTC-e deposits? I have 3 deposits of 65 BTC combines with 12 and 13 confirmations and still not credited to my account.

I did deposit today, it took longer than usual, but ended up fine. Withdrawals are ok too.

[seleme]

Anyone else having problems with BTC-e deposits? I have 3 deposits of 65 BTC combines with 12 and 13 confirmations and still not credited to my account.

I did deposit today, it took longer than usual, but ended up fine. Withdrawals are ok too.

My 3 deposits are 3 hours in the limbo so far.

[analytics]

Geez bitcoinbuilder prices now below 0.3

Someone seems to know something

[Aido]

Kinda off topic and old news but I'll just leave this here:

First step in raiding Europe's private savings

[Yololintian]

Anyone else having problems with BTC-e deposits? I have 3 deposits of 65 BTC combines with 12 and 13 confirmations and still not credited to my account.

Hence the lack of arbitrage taking between exchanges and the reason I never fancied partaking. BTC-e is a pain in the ass and I don't trust them.

I smell a possible bear trap. Wait and see.

U could be right. I am right now 55/45 on whether to close my latest short whilst it is still even/slightly ahead. I don't see any clear indications that the market will favour either direction from the indicators I use on Bitcoinwisdom. Prevailing sentiment must surely be overall negative, but that wouldn't prevent a revisit to $579 resistance level, which as leveraged short trades go, would be painful for me to take.

I'm curious, did you start using Bitfinex again? I also closed my short at 552ish cause I usually wait to long, and I think people love to go on a rally no matter how bad it looks.

[manfred]

Anyone else having problems with BTC-e deposits? I have 3 deposits of 65 BTC combines with 12 and 13 confirmations and still not credited to my account.

The first one about 1 hour ago worked fine, my second one is nowhere to be seen.