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

[BitChick]

Yay falling off a cliff again. Don't worry all you hodlers, it will do what the guy 2 posts above me said eventually, I just want the chance to buy back in at 400 where I foolishly sodl.

In the big scheme of things the difference in price between $400 and $500 is not that big of a deal.  I would definitely buy some back now.

[1715270872]

1715270872

[1715270872]

1715270872

[1715270872]

1715270872

[BitChick]

Huobi (!)

what the f is going on with the f-ing chinese? starting to get pissed with btc

Should we just start ignoring the Chinese exchanges like we did Gox? 

[N12]

Huobi (!)

what the f is going on with the f-ing chinese? starting to get pissed with btc

Should we just start ignoring the Chinese exchanges like we did Gox? 

Nope. You can withdraw BTC from Chinese exchanges. But feel free to ignore reality.

[GaliX]

I guess this is going on:

http://www.reddit.com/r/Bitcoin/comments/21pkjf/and_yet_the_disposal_national_bank_of_china/

[chessnut]

Huobi (!)

what the f is going on with the f-ing chinese? starting to get pissed with btc

dont forget the game plan -  in janurary we were expecting 5k btc in July or before december. why should that have changed? this is just a flash.

[KFR]

Nah, I think you guys are going over the line. He is not paid nor he will be awarded for his posts from anyone, there's nobody who would pay him to do it, tbh.

He is just intellectual troll who find this as some kind of perverse challenge for himself, he's probably licking his lips now how he is doing us here.

I0ve never seen anyone spending so much time on the subject he thinks it's a failure though, sad state of mind really.

To make it clear, i don't disagree with this. it is the most probable explanation-

Or he could be testing his beliefs by presenting them to a heavily dissenting audience. I mean, it's roughly the same thing viewed from the outside, but with significantly less assumed derisive laughter and sadistic enjoyment on his end.

If so, he does it in a very unreasonable way, unprofessional, not in a way expected from a guy supposedly educated in the scientific method and discussion with peers.

+1.  Emphasis mine.  

Of course I have nothing personal against Jorge - I'm just disappointed that his skills are misdirected and I believe, for reasons I don't care to worry about, that he is being consistently intellectually dishonest.  His signature is particularly disingenuous.

Many of us here welcome solid intellectual arguments that challenge our assumptions.  It's genuinely sad to see emotionally-motivated trolling so cunningly disguised as sophisticated objective analysis.  

[fonzie]

CHINA BANS BITCOIN
Additionally every coin over 1000 Yuan will be taxed 100%<

Rumours say...

400$ won´t hold !
No need to catch fallin knives!

 

[seleme]

I guess this is going on:

http://www.reddit.com/r/Bitcoin/comments/21pkjf/and_yet_the_disposal_national_bank_of_china/

well, that's it, if Reddit user posted it, it might be it

Btw, look at the guy's posts, it's fonzie himself

..and yet the disposal National Bank of China exists. April 15 all exchanges registered in mainland China, should be closed.

I can not withdraw USD from BITSTAMP for more than a two week.

Central Bank of Russia has banned Bitcoin in Russia, explaining his position that Russia prohibited the use of "money-surrogates".

Bundesbank joined to other countries, a warning about the risks of Bitcoin.

UnionPay announced discontinuance BTCChina and other trade exchanges, due to the government ban. BTC-Codes do not work anymore. Rumors of government letters, payment operators confirmed.

Central Bank of China, sent letters payment companies operating in China, demanding to stop support for Bitcoins.

U.S. National Security Agency is developing a quantum computer to break modern encryption systems..

[Richy_T]

This is coming out in 2 days - http://store.steampowered.com/app/265930/


Very bullish imo

That will be a real thing within the year.

[fonzie]

When exactly will FINCEN block US Customers from using Bitstamp or have they registered in the meanwhile?

[Walsoraj]

When exactly will FINCEN block US Customers from using Bitstamp or have they registered in the meanwhile?

Imagine the fallout if coinbase could not use bitstamp.

[fonzie]

When exactly will FINCEN block US Customers from using Bitstamp or have they registered in the meanwhile?

Imagine the fallout if coinbase could not use bitstamp.

BTC community would consider it very bullish, the best thing that could happen right after the Gox debacle and the CHINESE BITCOIN BAN.

[JorgeStolfi]

Chinese Slumber Method prediction for Sunday March 30

Prediction valid for: Sunday 2014-03-30, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 2987 CNY.
Bitstamp's predicted price: 493 USD.


Plot legend

Today's Slumber Point was fairly good (S = 0.0045, W = 0.668) and the two previous one are not too bad.  These three points are obviously not in a straight line. The best fit seems to be a decaying shifted exponential, namely A + B*Q**(d-d0), where d is the day of the month, d0 = 27, and Q is sufficiently small. Choosing Q = 0.100 gives A = 2987.36 and B = 136.38 by least squares.

The Bitstamp prediction, as usual, is the Huobi prediction divided by the currency conversion factor R, which was assumed to be 6.06 CNY/USD (it was 6.02, 6.08, 6.03, 6.12 at the last four Slumber Times).

Checking the previous prediction

Prediction was posted on: Friday 2014-03-28, 22:30 UTC
Prediction was valid for: Satuday 2014-03-29, 19:00--19:59 UTC (~21 hours later)

Huobi's predicted price: 2858 CNY.
Huobi's actual price (L+H)/2: 2998 CNY
Error: 140 CNY (~23 USD)

Bitstamp's predicted price: 470 USD.
Bitstamp's actual price (L+H)/2: 498 USD
Error: 28 USD

NOTE: Why did the chicken cross the trend line?

[Taras]

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
BTC140 selloff
WE'RE FALLING

It's a nice time to BUY, isn't it?

[fonzie]

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
BTC140 selloff
WE'RE FALLING

It's a nice time to BUY, isn't it?

no

[chessnut]

dont wanna get too comfy in the 400s

but then again, im out. I will never object to cheap coins.

[Dalmar]

When exactly will FINCEN block US Customers from using Bitstamp or have they registered in the meanwhile?

Covert elements of the US government are behind bitcoin, hence why China and Russia hate it so much. US will never ban it.

[fonzie]

When exactly will FINCEN block US Customers from using Bitstamp or have they registered in the meanwhile?

Covert elements of the US government are behind bitcoin, hence why China and Russia hate it so much. US will never ban it.

I didn´t talk about a complete  USA ban, i talked about USA blocking transfers to Bitstamp due to the fact that they are not registered with FINCEN.
Bitpay wouldn´t work anymore...
Coinbase....

[Erdogan]

When exactly will FINCEN block US Customers from using Bitstamp or have they registered in the meanwhile?

The enemy is changing from ignore mode to fight mode. Expect to see condemnation, manipulation, bans on exchanges, bans on trade, outright ban of posession. But these attacks will be disorganized, panick-like. As soon as we have a ban in one country, the other country will unban it. Even a few recommendations, from small countries, themselfs victims of banksters.

Most government masters are happy to screw their owned subjects with inflation and bank abuse, but noone really likes that the Fed screws their own fiat and the population of far away countries.

[seleme]

When exactly will FINCEN block US Customers from using Bitstamp or have they registered in the meanwhile?

Covert elements of the US government are behind bitcoin, hence why China and Russia hate it so much. US will never ban it.

I didn´t talk about a complete  USA ban, i talked about USA blocking transfers to Bitstamp due to the fact that they are not registered with FINCEN.
Bitpay wouldn´t work anymore...
Coinbase....

Hm, why would Slovenian company be registered with FINCEN?