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Poll
Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26484066 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Ultros
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May 02, 2014, 12:51:51 PM

The green returns! CCMF

ShroomsKit
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May 02, 2014, 12:58:38 PM

It's just so ridiculous to see Stamp following every move China makes. It's pathetic. Bitcoin traders are pathetic.
ChartBuddy
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May 02, 2014, 01:00:48 PM


Explanation
TERA
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May 02, 2014, 01:04:44 PM

It's just so ridiculous to see Stamp following every move China makes. It's pathetic. Bitcoin traders are pathetic.
Nobody is sitting there making all these decisions. It's a program running an algorithm. Apparently the algorithm is profitable because the owners keep it running. Relax...
ShroomsKit_Disgrace
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May 02, 2014, 01:13:39 PM

Quote
FXBTC (4th bitcoin exchange by volume in china) shut down by 5/10, cites it's because of unfavorable PBOC policies
coins101
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May 02, 2014, 01:16:38 PM

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FXBTC (4th bitcoin exchange by volume in china) shut down by 5/10, cites it's because of unfavorable PBOC policies

what exactly are the Chinese trading if fiat is not allowed or restricted?

BTC <> $? Don't think so.
BTC <> LTC? Don't think so.
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May 02, 2014, 01:23:40 PM

No one noticing the price drop on Huobi or is everyone just on ignore modus?  Huh

we are ignoring China



LOL
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May 02, 2014, 01:26:35 PM

It's just so ridiculous to see Stamp following every move China makes. It's pathetic. Bitcoin traders are pathetic.

ineed? Is it even (still?) possible to get RMB out of China and convert it to USD?
If not, then there is no point in mirroring huobi.
p0peji
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May 02, 2014, 01:28:06 PM

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FXBTC (4th bitcoin exchange by volume in china) shut down by 5/10, cites it's because of unfavorable PBOC policies

Just a matter of time before Huobi and BTCchina decide it has been enough
dreamspark
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May 02, 2014, 01:30:53 PM

It's just so ridiculous to see Stamp following every move China makes. It's pathetic. Bitcoin traders are pathetic.

ineed? Is it even (still?) possible to get RMB out of China and convert it to USD?
If not, then there is no point in mirroring huobi.

It is possible to get BTC to the west and sell for $ though.
dreamspark
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May 02, 2014, 01:31:13 PM

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FXBTC (4th bitcoin exchange by volume in china) shut down by 5/10, cites it's because of unfavorable PBOC policies

Just a matter of time before Huobi and BTCchina decide it has been enough

My Fiat is ready  Grin
podyx
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May 02, 2014, 01:31:20 PM

What's the reason for dip now then?? -_-
p0peji
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May 02, 2014, 01:32:21 PM

Best strategy atm is HODL imo, and by HODL I mean HODL your shorts.

Edit:
How funny will it be when atleast half of the long positions on Bitfinex will be closed  Grin
TERA
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May 02, 2014, 01:35:30 PM

What's the reason for dip now then?? -_-
Zoom out your chart to W1, 3D, or 1D scale, and maybe you'll see why a drop is due. I think someone forgot to release the 'news' that was supposed to go with the drop but it's happening anyway because of the trend.
akujin
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May 02, 2014, 01:37:39 PM

Green dildo on huobi failed... ehhe  Grin Grin Grin
p0peji
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May 02, 2014, 01:38:00 PM

What's the reason for dip now then?? -_-
Zoom out your chart to W1, 3D, or 1D scale, and maybe you'll see why a drop is due. I think someone forgot to release the 'news' that was supposed to go with the drop but it's happening anyway because of the trend.
Not only that, but the closing of FXBTC is really a writing on the wall and has people really concerned about the future of BTC.
knarzo
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May 02, 2014, 01:41:31 PM

What's the reason for dip now then?? -_-

Spineless manipulators are trying to make it look like we are heading towards single digits. They shall get testicle cancer for doing so. Hopefully.
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May 02, 2014, 01:52:25 PM

2033 - 256 billion new wallets
Does that mean that in 2033 every bitcoin user will own 2.56 billion wallets? Why would he need that? 


 Grin


It could mean that or it could mean that a population of between 5-10 billion people would have 25-50 wallets per person.  As we already know, wallets could be created by organizations or governments or even be attributed to entities that may NOT yet exist (such as a trust that would describe how the bitcoins in the wallet would be distributed upon the triggering of some future event(s)).  Personally, as I stated in my previous post, i believe the market would become saturated much before 2033, which would cause considerable slowing down of the growth rate or would cause the model or the growth curve to shift.

I am skeptical but many were also skeptical of Moore's law. If it does happen, I'd be happy for the effect to be named after you.
ChartBuddy
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May 02, 2014, 02:00:54 PM


Explanation
JorgeStolfi
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May 02, 2014, 02:08:10 PM

we are ignoring China

Struthio niloticus
Ostrich of the Nile
A voluminous bird claimed
not to exist in China

Source: Wikimedia Commons, gimp
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