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

[aminorex]

Bitcoins on sale!  50% off and more! How can we do it? volume volume volume! Because we are craaaazzzzyyyy!

[Spaceman_Spiff]

Bitcoins on sale!  50% off and more! How can we do it? volume volume volume! Because we are craaaazzzzyyyy!

Doing the obnoxious american salesman bit?

[aminorex]

Bitcoins on sale!  50% off and more! How can we do it? volume volume volume! Because we are craaaazzzzyyyy!

Doing the obnoxious american salesman bit?

Are the salesmen in space less obnoxious?

[aminorex]

As speedbuggy used to say:  vroomazoomzoom!

[mah87]

we are really close to yesterdays low

.....and its gone

i guess we need a new polll 

*

THIS IS CRASHING BACK TO 200$ !!!

[threecats]

some one keeps waiting for the bid side to fill in on BFX, then keeps dropping exactly 200 btc ....

[hd060053]

whats the reason for this down-syndrome ?

[Solarstorm75]

Just remove your bids @$600 or become longterm hodlers.

[Jeezy911]

Once and if reasonable regulations are put into place by the Fed, a bunch of big banks are ready to jump on the ship. Im talking JP morgan, Wells Fargo, BoA, ect. Big players just waiting for the green light, unfortunately Democrats are running the show and that means big regulations . Bubble number 5 is around the corner.

[YogoH]

we are really close to yesterdays low

.....and its gone

i guess we need a new polll 

*

THIS IS CRASHING BACK TO 200$ !!!

I don't understand you.  You come to bitcointalk to post this drivel?  You don't even have interesting analysis or thought-out speculation. Instead of spending your life trying hating on things, you should try to build something up. You like ripple?  Go to ripple forums and talk about ways to improve ripple, be productive.  

Is the life you want to live, one of negativity?  Is this how you want to spend your time?  Do you always try to cut down everyone around you in life?  Do you have many friends?  Do you care about making the world a better place?

[LMGTFY]

Once and if reasonable regulations are put into place by the Fed, a bunch of big banks are ready to jump on the ship. Im talking JP morgan, Wells Fargo, BoA, ect. Big players just waiting for the green light, unfortunately Democrats are running the show and that means big regulations . Bubble number 5 is around the corner.

JP Morgan - at least - have subsidiaries in Luxembourg and elsewhere. Could they not simply run their BTC through Luxembourg? (Serious question: I'm not US-resident and don't know how much access US residents are permitted to "foreign" stuff).

(My understanding was that they chose Luxembourg due to fairly minimal regulatory requirements, but I don't honestly know what Luxembourg thinks of Bitcoin).

[Peter R]

whats the reason for this down-syndrome ?

I don't know but I think it is uncertainty regarding the movement of old coins that could be tied to MtGox.  Here is the latest discussion:

http://www.reddit.com/r/Bitcoin/comments/1zvx7i/coinsight_now_shows_another_160000_btc_transaction/

[Jeezy911]

Once and if reasonable regulations are put into place by the Fed, a bunch of big banks are ready to jump on the ship. Im talking JP morgan, Wells Fargo, BoA, ect. Big players just waiting for the green light, unfortunately Democrats are running the show and that means big regulations . Bubble number 5 is around the corner.

JP Morgan - at least - have subsidiaries in Luxembourg and elsewhere. Could they not simply run their BTC through Luxembourg? (Serious question: I'm not US-resident and don't know how much access US residents are permitted to "foreign" stuff).

(My understanding was that they chose Luxembourg due to fairly minimal regulatory requirements, but I don't honestly know what Luxembourg thinks of Bitcoin).

Yes they could but lets be honest, without reasonable regulations from the US markets they are not going to do anything. They are not the type to dump millions of dollars without at least some sort of guidelines from the biggest market in the world.

[tailor]

Once and if reasonable regulations are put into place by the Fed, a bunch of big banks are ready to jump on the ship. Im talking JP morgan, Wells Fargo, BoA, ect. Big players just waiting for the green light, unfortunately Democrats are running the show and that means big regulations . Bubble number 5 is around the corner.

What supports this theory? What do the banks gain buy getting into BTC?

[Hen0xyd]

whats the reason for this down-syndrome ?

I don't know but I think it is uncertainty regarding the movement of old coins that could be tied to MtGox.  Here is the latest discussion:

http://www.reddit.com/r/Bitcoin/comments/1zvx7i/coinsight_now_shows_another_160000_btc_transaction/

There is a "special page" on coinsight regarding Mtgox BTC transactions with some note : "Mt.Gox reports at least the following types of transactions through this API: withdrawals, dust sweeping, big output splitting. Some transactions have been spotted on this API recently with multiple successful block confirmations, which could just be a result of Mt.Gox wallet software not seeing the confirmations or could be new undocumented API behavior." :

http://coinsight.org/mtgox/largest

[Jeezy911]

Once and if reasonable regulations are put into place by the Fed, a bunch of big banks are ready to jump on the ship. Im talking JP morgan, Wells Fargo, BoA, ect. Big players just waiting for the green light, unfortunately Democrats are running the show and that means big regulations . Bubble number 5 is around the corner.

What supports this theory? What do the banks gain buy getting into BTC?

You are joking right? Banks follow the money, I would say a worldwide currency with 100s of thousands of users would maybe be some sort of incentive to get involved.

[LMGTFY]

Once and if reasonable regulations are put into place by the Fed, a bunch of big banks are ready to jump on the ship. Im talking JP morgan, Wells Fargo, BoA, ect. Big players just waiting for the green light, unfortunately Democrats are running the show and that means big regulations . Bubble number 5 is around the corner.

What supports this theory? What do the banks gain buy getting into BTC?

If a bank creates a BTC fund they make money every time someone buys or sells a stake in that fund. If people want an easy way to buy or sell BTC (and I suspect they do), then the banks will want to profit from that need.

...and it's also possible they want their own positions; I assume if that's the case they're already buying (and I haven't looked for evidence of that).

[MANofthePEOPLE]

Rather unlikely that it will break through all the support at $600?

[Jeezy911]

Once and if reasonable regulations are put into place by the Fed, a bunch of big banks are ready to jump on the ship. Im talking JP morgan, Wells Fargo, BoA, ect. Big players just waiting for the green light, unfortunately Democrats are running the show and that means big regulations . Bubble number 5 is around the corner.

What supports this theory? What do the banks gain buy getting into BTC?

If a bank creates a BTC fund they make money every time someone buys or sells a stake in that fund. If people want an easy way to buy or sell BTC (and I suspect they do), then the banks will want to profit from that need.

...and it's also possible they want their own positions; I assume if that's the case they're already buying (and I haven't looked for evidence of that).

Like I said, they are just waiting for that green light from US regulators, hopefully they don't fuck it up!(which I could see happening with todays politicians) Every single election in the US has the same thing for number 1 priority. The economy and jobs. Its just a matter of time before someone comes out and says "hey how about we take the lead on the Bitcoin movement," and boom you just entered a golden age of jobs. I'm actually surprised these so called leaders haven't seen the light on this movement yet, it's an economic stimulus package like no other.

[KeyserSoze]

+1 for Szabo - who knows, but he's my lead candidate

My speculation on Bitcoin's origin is that Nick Szabo is merely a mouthpiece for the true genius living chained in shame within the walls of his parent's attic. By combing hospital records I've determined Nick likely has an otherwise unknown older brother, inbred, and grotesquely malformed. Though the sad creature is a horror to behold it is all the more brilliant.

Scandalous guilt drove the family to imprison it at birth, to keep it hid away from the world. Little did they know its financial acumen could not be denied.

The family barely tended to its secret humiliation. Supplied with the barest of essentials (plus an occasional odd math book or two which Nick rummaged from a nearby abandoned schoolhouse), it never learned to speak, only muttering husky grunts.  Nick thought the monster knew only gibberish until 18 years had passed. Nick, now living on his own yet visiting infrequently, desperate to communicate with his sibling as an adult, supplied a fresh box of 120-color Crayolas to the man-beast on an early Sunday morning.

From one incongruous eye flashed a glint of light. The creature mewled in delight. Freakish paws grabbed at the box of crayons.

Code poured from its wretched hands with feverish fluidity. The Thing That Shant Be Named growled and snarled as it bore down wax stick to wood floor. Paper tore from the crayons as it scrawled. Magenta, thistle then periwinkle. Plum, shamrock, then apricot. The air was heavy as of burnt candle.

Nick, not entirely sure what the scribblings meant, still understood on some preternatural level he must share it. But what to do? He could not risk the family's abasement, for afterall, even worse than his brother's hideous visage and inbred nature was the fact the creature lived with its mother and liked model trains. The family would be ruined.

Szabo knew the answer almost immediately. It must be shared anonymously with the world. The rest, folks, is financial history.