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

[Pruden]

one thing that ive rarely seen come up in solar power conversations is the fact that you are capturing a huge fraction of the solar energy onto the black panel, rather then reflecting it back into the air/space like if it hit water or hit green foliage. Solar Panels effectively act like blacktop pavement in that regard.

MO, the future is wave power and nuclear.

You made me look it up. Solar panels albedo are equal to Earth's average, 0.3, much greater than new or even worn asphalt. I guess this is why it rarely comes up in solar power conversations.

Also, are you thinking of putting solar panels on water?  

 http://www.treehugger.com/renewable-energy/ask-pablo-do-solar-panels-contribute-to-the-heat-island-effect.html

[fonzie]

Someone call a doctor, quick!

[podyx]

 

[tarmi]

Someone call a doctor, quick!

so much interest for cheap coins.

[fonzie]

Someone call a doctor, quick!
--

so much interest for cheap coins.

 

[macsga]

[podyx]

guy who had wall at 510 moved it to 505

still keeping up though

bullish imo, i really do believe we gonna see an uptrend in a couple days/weeks

fucking finally

[BBmodBB]

one thing that ive rarely seen come up in solar power conversations is the fact that you are capturing a huge fraction of the solar energy onto the black panel, rather then reflecting it back into the air/space like if it hit water or hit green foliage. Solar Panels effectively act like blacktop pavement in that regard.

MO, the future is wave power and nuclear.

You made me look it up. Solar panels albedo are equal to Earth's average, 0.3, much greater than new or even worn asphalt. I guess this is why it rarely comes up in solar power conversations.

Also, are you thinking of putting solar panels on water?  

 http://www.treehugger.com/renewable-energy/ask-pablo-do-solar-panels-contribute-to-the-heat-island-effect.html

PEM-FC(MINER?) >> http://www.caer.uky.edu/catalysis/research/research.shtml


;-)

[ChartBuddy]

Explanation

[aminorex]

Gox is not out, they still admit to hold 1/3 of the money, the quiestion now is when will they pay back? I don't really understand what's going on with them, they lost some BTC and still hold some, why not redistribute those among their clients to at least show some good will?

It's not up to them now, it's up to the court.

[silverston]

a couple days/weeks

months/years/....  

[JayJuanGee]

..... 16,000,000 USD is still not a powerful number in this market, be it long or short. but not to contradict myself, I believe short squeezes will affect the market not because there are more or less of them, but because of who has gone short, and where they have gone short. The key is panic, panic moves the market by market orders.

Those traders sitting quite content with longs are not necessarily going to be squeezed if they prove to be stout, 16 million USD can be ignored.

What I see is that the market found a natural bottom after panic selling. that pressure has been relieved, and there is no more until something bad is confirmed by the chinese govt, and even then, the market is partially prepared.

I keep thinking if Bitcoin can get into the 100 billion dollar market cap, then the manipulation will become a lot more difficult... but if the market is still driven by 200 million on the exchanges, then the exchanges can drive some of the volatility b/c it does NOT take a lot of money to manipulate... even compared to gold.. with approximately a 7 trillion dollar market cap.

[S3052]

big move coming soon, probably in the next 48h

[Hypnoise]

big move coming soon, probably in the next 48h

Oh yeah baby something exiting .....

But right now it looks like orthopedic bed, hate it.

[JayJuanGee]

I believe we'll see consodilation for some days or maybe even weeks before we start a new uptrend and a new journey to a new ATH (my guess is $6k)

When we gonna get to 6k?  

I am sorry but I proclaimed that I was a HODL kind of guy... however, if we get to 6K very quickly, as in within the next year, I am going to have to SODL a bit in order to relieve myself somewhat... and then buy in again at $4000... he he he... .. but then if we convert to mBTC, then that will only be $6 per mBTC and $4 per mBTC respectively.. .what a bargain!!!!!!!

[JorgeStolfi]

big move coming soon, probably in the next 48h

Of course, in 48 hours we will probably know whether the "PBoC ban" rumour is true or not.  Either way, we can expect a large change in price.

[ChartBuddy]

Explanation

[Walsoraj]

The price wasn't exactly going to the moon before the china ban rumor. Total bid sum on Stamp continued to decline and we saw repeated fail pump attempts.

This is going to change if the rumor turns out to be false? Yea right.

[JayJuanGee]

I believe we'll see consodilation for some days or maybe even weeks before we start a new uptrend and a new journey to a new ATH (my guess is $6k)

IMO bitcoin will not become worth multiple thousand dollars as long as many people expect this to happen in the near future. I think it more likely that 2014 will become the first year where BTC ends lower on dec 31st than where it started in January.

January 1st, BTC was around $750.. and through the month it approached $1k... but returned to around $750.  Are you saying BTC is going to be lower than $750 or lower than $1k on December 31?  There is too much of a range in your prediction.    Also, what is going to happen between April 2014 and December 2014?  We gonna go up above ATH and stay there for a while and then crash in the end of December?   Your prediction lacks in specifics... except for your seeming suggestion that BTC is more or less flat and/or downtrending for the year rather than uptrending...   

I cannot really foresee BTC floating below $750 all 2014... but I could see BTC floating below 1K for most of the year... but it also seems quite likely that we are going to see an ATH sometime during 2014... too... what do  you think, JCviggen, more specifically?

[podyx]

I believe we'll see consodilation for some days or maybe even weeks before we start a new uptrend and a new journey to a new ATH (my guess is $6k)

When we gonna get to 6k?  

I am sorry but I proclaimed that I was a HODL kind of guy... however, if we get to 6K very quickly, as in within the next year, I am going to have to SODL a bit in order to relieve myself somewhat... and then buy in again at $4000... he he he... .. but then if we convert to mBTC, then that will only be $6 per mBTC and $4 per mBTC respectively.. .what a bargain!!!!!!!

Well, I expect a large bubble in june or july

A more correct price at the time of the $6k peak however would be $1.5k-3k

But people are gonna get greedy and overbuy of course, like we all seen, atleast 1 more time, probably 2 then we will see a more stable rise

Past events might not replay but I believe it will simply because bitcoin is new and nobody really has a clue what it fucking is

However, i am no professional and refrain from helping with financial advises, hence my signature this is simply my belief and im just posting for perspective/discussion

Also, I largely base this prediction on https://www.tradingview.com/v/7YEmxS3K/ (press play button at right) which shows we are at the bottom

And the reason I believe in that chart is because I really do believe bitcoin is a honeybadger. If it wasn't for chinese people who brought us to 1.2k I think there would be other people bringing us above $1k because it undervalued and then comes overbuying. And overselling right after that. And then it repeats because of statements I made above. This would make no sense in a normal market but again, I draw this conclusion because it's something new and nobody really knows what it is and what it's future holds, if any.

That chart however is probably slightly bullish because it's only showing the year of 2013.
It is suggesting, on average, a ~17x rise every year

I believe 10x is a more accurate pattern which the last 5 years have been suggesting too, in the big picture that is.