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

[Spaceman_Spiff]

The thing about Jorge is that he’s a provincial academic. In a country outside the G8, at that. Like most minor academics, especially in middle age, there is a tendency to bitterness which they are self-aware enough to hide. They are the losers and they know it.

At one point the potential must have seemed endless. Imagine being in California in the early 80s, studying Math or Computing at Stanford – what possibilities! The world ready throw billions at you and your contemporaries! Who wouldn’t start a company? Who wouldn’t invest in friends? Who wouldn’t risk just a little in their own future?

No, play it safe. Rise above the crass entrepreneurialism. Teach. Head back to a salary, with a pension. You could have done well, of course, if you’d wanted to, but the guiding, year after year, of smiling young faces was its own reward.

And now, another tech revolution unfolds in front of you. You have the understanding and the ability to invest time or money into the idea. But wait – actual involvement? Wet feet? Action? No, no, no. Not me. That would just emphasise all my other missed chances.

No, I’ll snipe from the safety of my tenure. I could have partaken, honestly, but I’m better than that. I’m aware of it, but above it, because, well, I’m an academic.

You have the talent, the time and resources. But you won’t even buy one coin to see what it’s about. You’re wasting your time and ours in a desperate bid to show some kind of superiority. You’ve taken enough advice and explanation with nothing of interest coming back. You’ve had your moment in this thread, presumably because it’s the busiest, but you should have the decency to set up your own and see if anyone will follow and care there.

Are we done bashing academia yet?  I am sure there are plenty of pro-bitcoin people there too (Jerry Brito off the top of my head).

[Syke]

http://www.businessinsider.com/senator-calls-for-bitcoin-ban-2014-2

a recent media report indicated Bitcoin CPI has 98% deflation.

US Senator predicts massive growth in bitcoin value in the coming years.

CCMF!

[Spaceman_Spiff]

Those funds are no more. They have has ceased to be. They have expired and gone to meet Satoshi. They are late funds. They are vapor. Bereft of existence, they rest in peace. If Karpeles hadn't left them on the balance sheet, they would've been written off ages ago. They've rung down the curtain and joined the choir invisible. They are ex-funds.

They are not gone, just pining for the blockchain...
Beautiful funds, those bitcoins.

~ PININ' for the Blockchain?!?!?!? What kind of talk is that?, look, why did it fall in value 500% the moment I got 'im to my cold wallet?

~ The Gox-coin prefers kippin' on it's back! Remarkable coin, id'nit, squire? Lovely algorithm!

~ Look, I took the liberty of examining that coin when I got it home, and I discovered the only reason that it had been sitting on its exchange in the first place was that it had been NAILED there.

[Dragonkiller]

lol have you guys read the replies here?

https://twitter.com/Sen_JoeManchin/status/438762073527705600

[Arcas]

lol have you guys read the replies here?

https://twitter.com/Sen_JoeManchin/status/438762073527705600

Yeah. Glad people are asking the important questions, such as if the Bitcoin ban would affect Dogecoin.

[Dragonkiller]

lol have you guys read the replies here?

https://twitter.com/Sen_JoeManchin/status/438762073527705600

Yeah. Glad people are asking the important questions, such as if the Bitcoin ban would affect Dogecoin.

lol some of those replies are the funniest things i've read all day

[knarzo]

lol have you guys read the replies here?

https://twitter.com/Sen_JoeManchin/status/438762073527705600

Yeah. Glad people are asking the important questions, such as if the Bitcoin ban would affect Dogecoin.

lol some of those replies are the funniest things i've read all day

Ban stars too. Those things are dangerous, always going supernova and stuff

 

[Arcas]

You can do it Bitstamp. Just $2 more. I believe in you.

[solex]

You can do it Bitstamp. Just $2 more. I believe in you.

Time for more pictures of trains.

[derpinheimer]

You can do it Bitstamp. Just $2 more. I believe in you.

Theyve been trapped there for nearly an hour now, lol!

Unless we get a friendly whale, I expect dumping  

You can do it Bitstamp. Just $2 more. I believe in you.

Time for more pictures of trains.

Good point, train pictures should incite a rally.

However, I think this train matches us more.

[Dragonkiller]

http://www.reddit.com/r/Bitcoin/comments/1z1mmz/breaking_full_mt_gox_story_coming/

same guy that provided the gox report and broke the fortress fund news

[derpinheimer]

You can do it Bitstamp. Just $2 more. I believe in you.

Theyve been trapped there for nearly an hour now, lol!

Unless we get a friendly whale, I expect dumping  

You can do it Bitstamp. Just $2 more. I believe in you.

Time for more pictures of trains.

Good point, train pictures should incite a rally.

However, I think this train matches us more.

Here we go boys; destination:

[knarzo]

[Picture of a burning bridge]

No need for a bridge in bitcoinland  https://www.youtube.com/watch?v=CJbcD9tLWk8

[CoinDox]

http://www.reddit.com/r/Bitcoin/comments/1z1mmz/breaking_full_mt_gox_story_coming/

same guy that provided the gox report and broke the fortress fund news

Are you on his mailing list? The link to get on it seems to be down. Those who know of this news before hand will have a huge advantage

http://eepurl.com/JgGy5

[creekbore]

Jorge,
thanks for posting this

http://jesse.forthewin.com/blog/2014/02/unilateral-statement-regarding-fucked-up-shit-and-the-greater-good.html?cpm=329

Along with the senator and all the other articles I'd say the MSM FUD offensive has begun.  

I'm somewhat stunned of the blithe disregard within this 'community' for what is currently unfolding.  

This is going to feed Sunday supplements, talk shows, features and blogs for some time -- which way the publicity breaks is unsure but BTC is going to need some real champions -- not cultists who prescribe to the "I am right, you are wrong" style of engagement.

[HairyMaclairy]

I think most people have already figured out that MK is a kook but looks like we are going to have a crash to prove it.

[Dragonkiller]

http://www.reddit.com/r/Bitcoin/comments/1z1mmz/breaking_full_mt_gox_story_coming/

same guy that provided the gox report and broke the fortress fund news

Are you on his mailing list? The link to get on it seems to be down. Those who know of this news before hand will have a huge advantage

http://eepurl.com/JgGy5

No I'm not. I don't really think it's going to move the markets, whatever he comes out with. In fact, he had previously suggested he thought other companies such as Blockchain, SecondMarket etc were invovled in the cover-up. The fact that he is now saying Gox acted alone is a positive.

[CoinDox]

http://www.reddit.com/r/Bitcoin/comments/1z1mmz/breaking_full_mt_gox_story_coming/

same guy that provided the gox report and broke the fortress fund news

Are you on his mailing list? The link to get on it seems to be down. Those who know of this news before hand will have a huge advantage

http://eepurl.com/JgGy5

No I'm not. I don't really think it's going to move the markets, whatever he comes out with. In fact, he had previously suggested he thought other companies such as Blockchain, SecondMarket etc were involved in the cover-up. The fact that he is now saying Gox acted alone is a positive.

Well, I am not one to predict the future, but I think that the market will react aggressively if there is any hint of the coins still being around and not lost as per the previous document and current speculation. If this is the case, that only means one thing for market prices.

Regardless of what comes out though, it will be an interesting read none-the-less.

P.S. Having listened to the interview http://letstalkbitcoin.com/e87-the-captive-and-the-mountain/#.Uw6aWoV_e_w, I trust 2bitIdiots releases.

[ChartBuddy]

Explanation

[delphic]

Mark's cat ate the paper wallet.