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

[NotLambchop]

Beads?  Or... Prince Rupert's Drops!

[ChartBuddy]

Explanation

[oda.krell]

http://www.bloomberg.com/news/2014-03-17/fortress-linked-pantera-said-to-invest-in-top-bitcoin-exchange.html

http://finance.fortune.cnn.com/2014/03/18/bitcoin-hedge-fund/

You know, this will take some time before it will influence price. It's not the bullish equivalent to a flash crash event... what I mean is, I'm not expecting price to turn around 180 degree tomorrow.

But this combination of solid 'old' money chasing the new one, not just the size of the Pantera/Fortress fund at registration, but also that little nugget about Bitstamp, makes me pretty confident that those scenarios we discuss here once in a while, like yesterday, those that paint the picture of a painfully drawn-out bear market that can last several more months to a year (you know the people who see it like that, Mat, or Lucif) simply are not a realistic option anymore.

[Ivanhoe]

Rather than functioning like money, bitcoins display the characteristics of commodities – that is, users attach value to them, not issuers or central banks.

Thanks Danish central bank! I'd like my money to be valued decentralized instead of centralized e.g. by a central bank or "issuer" (in fact I'd like there to be no specific issuer at all thank you very much).

hahahaha, how stupid can they be? The Danish central bank just gave the best reason why you should use bitcoin instead of fiat. What a bunch of idiots.

[Todorius]

Rather than functioning like money, bitcoins display the characteristics of commodities – that is, users attach value to them, not issuers or central banks.

Thanks Danish central bank! I'd like my money to be valued decentralized instead of centralized e.g. by a central bank or "issuer" (in fact I'd like there to be no specific issuer at all thank you very much).

hahahaha, how stupid can they be? The Danish central bank just gave the best reason why you should use bitcoin instead of fiat. What a bunch of idiots.

I think deep down in their hearts they already begin to feel that the triumph of bitcoin can't be stopped. It's a battle they're destined to lose.
So they start trolling and spreading misinformation. Classic!

[AlexGR]

has issued a stern warning on bitcoin, saying that it is not money in the true sense of the word, as it is not backed by an issuing institution.

Yeah I mean the issuing institutions are REALLY backing their paper scam-money with ...well.... nothing.

[fluidjax]

Rather than functioning like money, bitcoins display the characteristics of commodities – that is, users attach value to them, not issuers or central banks.

Thanks Danish central bank! I'd like my money to be valued decentralized instead of centralized e.g. by a central bank or "issuer" (in fact I'd like there to be no specific issuer at all thank you very much).

hahahaha, how stupid can they be? The Danish central bank just gave the best reason why you should use bitcoin instead of fiat. What a bunch of idiots.

I think deep down in their hearts they already begin to feel that the triumph of bitcoin can't be stopped. It's a battle they're destined to lose.
So they start trolling and spreading misinformation. Classic!

Glass beads... so emotive,  so unprofessional, I think it's really starting to bite, the fear is building.

[Richy_T]

Beads?  Or... Prince Rupert's Drops!

I tried making some of those once. The results were not impressive. I must have had the wrong kind of glass.

[Zapffe]

Yeah, regular glass beads are not good comparisons, because you don't actually need much resources to build glass beads.
It's more like glass beads with pieces of rocks inside, that have been brought to earth from Mars by a spaceship. Meaning, that it does cost a lot of resources to build one "Mars rock glass bead", all while wasting this energy actually doesn't improve anything, or make any sense in general.

[adamstgBit]

while 12% of bitcoiners are frantically screaming BUY BUY BUY or SELL SELL SELL, 66% of bitcoiners reported they would "go down with the ship"

just saying.

[ChartBuddy]

Explanation

[wachtwoord]

while 12% of bitcoiners are frantically screaming BUY BUY BUY or SELL SELL SELL, 66% of bitcoiners reported they would "go down with the ship"

just saying.

https://www.youtube.com/watch?v=2pwT2wiZsg0

[600watt]

http://www.bloomberg.com/news/2014-03-17/fortress-linked-pantera-said-to-invest-in-top-bitcoin-exchange.html

http://finance.fortune.cnn.com/2014/03/18/bitcoin-hedge-fund/

You know, this will take some time before it will influence price. It's not the bullish equivalent to a flash crash event... what I mean is, I'm not expecting price to turn around 180 degree tomorrow.

But this combination of solid 'old' money chasing the new one, not just the size of the Pantera/Fortress fund at registration, but also that little nugget about Bitstamp, makes me pretty confident that those scenarios we discuss here once in a while, like yesterday, those that paint the picture of a painfully drawn-out bear market that can last several more months to a year (you know the people who see it like that, Mat, or Lucif) simply are not a realistic option anymore.

thx for pointing this out. sometimes the forums are really depressing & a little bit of light helps to keep calm in the darkness...

[barbs]

while 12% of bitcoiners are frantically screaming BUY BUY BUY or SELL SELL SELL, 66% of bitcoiners reported they would "go down with the ship"

just saying.

we should validate their respones against their holdigns right now

[wachtwoord]

while 12% of bitcoiners are frantically screaming BUY BUY BUY or SELL SELL SELL, 66% of bitcoiners reported they would "go down with the ship"

just saying.

we should validate their respones against their holdigns right now

No we should not.

[adamstgBit]

while 12% of bitcoiners are frantically screaming BUY BUY BUY or SELL SELL SELL, 66% of bitcoiners reported they would "go down with the ship"

just saying.

https://www.youtube.com/watch?v=2pwT2wiZsg0

its worth noting, that the sample size is extremely limited and very biased, since the sample pool consists of bitcoiner traders which rhymes with traitor therefor its safe to assume that >98% of bitcoiners will  "go down with the ship"

conclusions: the ship is actually the space verity capable of warp factor 9.5 

[oda.krell]

http://www.bloomberg.com/news/2014-03-17/fortress-linked-pantera-said-to-invest-in-top-bitcoin-exchange.html

http://finance.fortune.cnn.com/2014/03/18/bitcoin-hedge-fund/

You know, this will take some time before it will influence price. It's not the bullish equivalent to a flash crash event... what I mean is, I'm not expecting price to turn around 180 degree tomorrow.

But this combination of solid 'old' money chasing the new one, not just the size of the Pantera/Fortress fund at registration, but also that little nugget about Bitstamp, makes me pretty confident that those scenarios we discuss here once in a while, like yesterday, those that paint the picture of a painfully drawn-out bear market that can last several more months to a year (you know the people who see it like that, Mat, or Lucif) simply are not a realistic option anymore.

thx for pointing this out. sometimes the forums are really depressing & a little bit of light helps to keep calm in the darkness...

tbh, short-to-mid term, the situation might remain somewhat depressing. I'm not sure if we can hold 600. But every pessimist mood came to an end so far, and I'm betting on that happening earlier (say, in the range of at most a couple of months of lackluster price development) rather than later.

[600watt]

https://bitcointalk.org/index.php?topic=521053.msg5765606#msg5765606


is this real ?  400 btc atm ?

[mmitech]

while 12% of bitcoiners are frantically screaming BUY BUY BUY or SELL SELL SELL, 66% of bitcoiners reported they would "go down with the ship"

just saying.

https://www.youtube.com/watch?v=2pwT2wiZsg0

its worth noting, that the sample size is extremely limited and very biased, since the sample pool consists of bitcoiner traders which rhymes with traitor therefor its safe to assume that >98% of bitcoiners will  "go down with the ship"

Adam, I have high expectations, I don't wish to "go down" and there is always a way to fix the ship, if you cant, then make sure you jump before the ship goes down , otherwise make sure you go down alone.

[knightcoin]

while 12% of bitcoiners are frantically screaming BUY BUY BUY or SELL SELL SELL, 66% of bitcoiners reported they would "go down with the ship"

just saying.

https://www.youtube.com/watch?v=2pwT2wiZsg0

its worth noting, that the sample size is extremely limited and very biased, since the sample pool consists of bitcoiner traders which rhymes with traitor therefor its safe to assume that >98% of bitcoiners will  "go down with the ship"

conclusions: the ship is actually the space verity capable of warp factor 9.5 

like titanic musicians ..



we live once write your name/nickname on history books lol