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

[fonzie]

It seems like Stamp/Finex immediately followed my advice.  

[TERA]

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?  

I'm not saying 400 will be reached but maybe just another drop in general (maybe only 500-550) followed by several weeks of sideways trading. The point is we might not be breaking out of the downtrend right now as everyone is predicting solely based on 2013 chart. Also, I'm not sure about this - it's just a possibility.

I only read the charts to make predictions; not the news. TA tells you the truth about what is actually going on as opposed to news which can lead to hype and misinterpretation.

<----- Bullish  

Upcoming 3d MACD crossover might take us to 900$

Edit: Also BTC-E above Stamp for the first time since days.

The 3d is nowhere near crossing right now and it would take at least another week. Don't preempt the indicators and talk about "upcoming crosses" - there is no such thing. Check out this "upcoming cross":

[niothor]

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?  

I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days

I think fonzie's account has been hacked. Who is this??

His account is hacked or he bumped his head this past weekend.

He is turning into Eiznof , just like Walsoraj

[BitChick]

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?  

I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days

I think fonzie's account has been hacked. Who is this??

His account is hacked or he bumped his head this past weekend.

It is almost tempting to "un-ignore" him.

Maybe it's a trap though.

[virtualfaqs]

Is http://trading.i286.org/ still around? I'll take one with bitstamp, bitfinex and BTC-E. Willing to donate. Watching dumps and pumps just isn't as exciting.  

[seleme]

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   

I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days

You left out steadily declining bid sum. Without a Gox style halt on fiat withdrawals, we are going down.

There's always money out there we don't see. There's BTC as well too.

[Dalmar]

The 3d is nowhere near crossing right now and it would take at least another week. Don't preempt the indicators and talk about "upcoming crosses" - there is no such thing. Check out this "upcoming cross":

Goxxed 

[ChartBuddy]

Explanation

[billyjoeallen]

If you claim the a monopoly government is necessary to prevent the predation of the disadvantaged by the powerful, then I ask, howz that workin out for you so far?

Here's a question: let's say you could, for the rest of your life, commit 30% of your income and savings to charitable organizations of your choice, with a certain amount required to go to basic needs charities, in exchange for never paying taxes on anything ever again. Would you say yes? If that's too much, what's the maximum you'd go up to?

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

[HerrAndreas]

If you claim the a monopoly government is necessary to prevent the predation of the disadvantaged by the powerful, then I ask, howz that workin out for you so far?

Here's a question: let's say you could, for the rest of your life, commit 30% of your income and savings to charitable organizations of your choice, with a certain amount required to go to basic needs charities, in exchange for never paying taxes on anything ever again. Would you say yes? If that's too much, what's the maximum you'd go up to?

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

I fear you are mistaking money for freedom.
your freedom is always measured by the freedom of the people living around you.

[solarflare]

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

I fear you are mistaking money for freedom.
your freedom is always measured by the freedom of the people living around you.

Sorry, but no.
My freedom is measured by how free I feel and nothing else.
It's purely subjective.

[Chalkbot]

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

I fear you are mistaking money for freedom.
your freedom is always measured by the freedom of the people living around you.

Sorry, but no.
My freedom is measured by how free I feel and nothing else.
It's purely subjective.

So, if you thought that you were allowed to do anything, but you had no desire to leave an 8x8 concrete cell which you were sitting in, it would be the same as *actually* being allowed to do anything?

So it's true that freedom is just a state of mind...

[aminorex]

Hey, I know what I'll do: I'll just warm up my earlier point: how come those pretty "socialist" states like Sweden, Switzerland, The Netherlands outperform (on pretty much every metric) more economically permissive countries like the US?

CH is one of the most decentralized nations on Earth and in no-wise comparable to the others.  It is extremely "economically permissive".  
What do you consider to be less economically permissive about SW or NL? There is no minimum wage, for example, in Sweden.  Both are historical mercantile powerhouses.
Perhaps you aver to tax rates?  By that criterion China should be a great exemplar of the free market paradigm.  
There are so many factors differentiating the nations of the Earth that factor analysis is, at least, very hard, on purely frequentist statistical grounds.
I definitely think the remarkable degree of cultural homogeneity in Scandinavian nations makes it much more feasible to operate a collective project there.
You can get a large majority on board without huge incentivization or massive application of force.
NL and Scandinavia are also supremely Protestant (cf. BJA).

[ardana123]

Is http://trading.i286.org/ still around? I'll take one with bitstamp, bitfinex and BTC-E. Willing to donate. Watching dumps and pumps just isn't as exciting.  

I know the feeling. Bitstamp needs to mimic Gox's api or something.

[KeyserSoze]

Yes. Perhaps I don't care that I don't have good access to roads if I can telecommute and Jeff Bezos will drone my groceries in.

So you'd like to return to pre-Roman times with no roads AND you want us to take that argument as serious?

[Trolololo]

https://blockchain.info/address/1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a

(...)

What do you guys make of this?

Don't touch them. They are mine...

[billyjoeallen]

If you claim the a monopoly government is necessary to prevent the predation of the disadvantaged by the powerful, then I ask, howz that workin out for you so far?

Here's a question: let's say you could, for the rest of your life, commit 30% of your income and savings to charitable organizations of your choice, with a certain amount required to go to basic needs charities, in exchange for never paying taxes on anything ever again. Would you say yes? If that's too much, what's the maximum you'd go up to?

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

I fear you are mistaking money for freedom.
your freedom is always measured by the freedom of the people living around you.

Monetary freedom, financial freedom is the issue at hand. If you think otherwise, then it is you who are mistaken.

[KeyserSoze]

Has anybody else noticed the volume on Gox has really dropped over the past couple weeks?

[Spaceman_Spiff]

Has anybody else noticed the volume on Gox has really dropped over the past couple weeks?

Yeah, bid sum is dropping too, bad sign  .

[billyjoeallen]

Has anybody else noticed the volume on Gox has really dropped over the past couple weeks?

and the market has gone up over 50%. Coincidence?