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

[octaft]

Okay, who would you warn? I'm not asking you what you think the owners would do. I'm asking what you would do.

What good does it do for me to name names?  I am NOT the owner, or the op or a moderator.


And, if for some reason I were to become one of those, for the sake of this hypothetical, I would republish the rules in order that all members have NOTICE of the rules.  At this point the rules of the forum are NOT very prominent, and if there are NO rules, I could NOT warn anybody - unless, whatever was DONE defied all common sense. 

I am NOT going to go down the road of naming any names b/c this exercise is a big waste of time, and if I were in such a positions, I would have to look case by case to which posts are offensive and thereafter what was the offense frequency and how bad was it... then to formulate the warning based on the post(s).  These would likely need to be made in a fairly timely manner, as well... So if a poster had been offensive, but then had reformed his/her ways, then that poster may NO longer merit any warning.

So what you are basically saying is, it's a lot harder to do the job than it is to bitch about someone else not doing it?

NOPE... that is NOT what I am saying.  I figured that you wanted to come up with some ludicrous conclusion, and with your stupid-ass conclusion, YOU have proven me correct in my expectation(s) of what you were going to do.

In several of your posts, you seem to be a very smart guy/gal, but sometimes you come up with some doosies of bad logic in attempt to arrive at your wished-for conclusion(s).

I will remind you that I did make a statement earlier, however, that it appeared to me that the rules in this forum must be pretty lax when it comes down to it b/c the moderator had seemed to admit to making statements with a purpose to inflame other posters. 

I still maintain that there should be a rule against making inflammatory statements to other posters; however, if there is NOT such a rule currently in place, then the rule would need to be made and publicized before it could/should be enforced.  Personally, I am NOT inclined to attempt to enforce a rule that is NOT fairly in place.

For what you've expressed a desire for, you certainly do not lead by example.

[adamstgBit]

Someone just dumped ~500 coins and less than 2 seconds later someone market orders 400.

I think we have a war.

It'll never compare to that day when whales where dumping and market ordering thousands of coins at a time. Anyone else remember that craziness? Something like 2-5kBTC market orders in both directions, for like 70k volume in an hour?

my fav market moment was when bitcoinia long squeezed everyone and 5 mins later ( no joke 5 mins!) the price was higher than where the long squeeze started

was like a ~60% swing down and up in about 15 mins

that was epic!

ah the good old days when bitcoin was a joke.

[adamstgBit]

i'm really liking the action right now, looks bullish, looks like poeple sodl when they should have hodl.... always hodl!

[JimboToronto]

Whats with the silly bull buying 2000 coins right before the big drop.

 

Where? When?

Which 2000 coins? Which big drop?

if you check the minute charts you'll see them green candle stick out on the volume chart.. 19:50 to 21:00 somewhere in that range.. Tera fears the wrath of China

I see the short term drop but not the 2k coin volume.

Maybe I'm using the wrong tickers.

[adamstgBit]

CCWUMF!

"choo choo without you mother fucker"

[ChartBuddy]

Explanation

[ShroomsKit]

Tera predicting a big drop  Well if you say the same thing every single day month after month you'll one day be right.
Obsessive compulsive disorder.

[JayJuanGee]

Okay, who would you warn? I'm not asking you what you think the owners would do. I'm asking what you would do.

What good does it do for me to name names?  I am NOT the owner, or the op or a moderator.


And, if for some reason I were to become one of those, for the sake of this hypothetical, I would republish the rules in order that all members have NOTICE of the rules.  At this point the rules of the forum are NOT very prominent, and if there are NO rules, I could NOT warn anybody - unless, whatever was DONE defied all common sense. 

I am NOT going to go down the road of naming any names b/c this exercise is a big waste of time, and if I were in such a positions, I would have to look case by case to which posts are offensive and thereafter what was the offense frequency and how bad was it... then to formulate the warning based on the post(s).  These would likely need to be made in a fairly timely manner, as well... So if a poster had been offensive, but then had reformed his/her ways, then that poster may NO longer merit any warning.

So what you are basically saying is, it's a lot harder to do the job than it is to bitch about someone else not doing it?

NOPE... that is NOT what I am saying.  I figured that you wanted to come up with some ludicrous conclusion, and with your stupid-ass conclusion, YOU have proven me correct in my expectation(s) of what you were going to do.

In several of your posts, you seem to be a very smart guy/gal, but sometimes you come up with some doosies of bad logic in attempt to arrive at your wished-for conclusion(s).

I will remind you that I did make a statement earlier, however, that it appeared to me that the rules in this forum must be pretty lax when it comes down to it b/c the moderator had seemed to admit to making statements with a purpose to inflame other posters. 

I still maintain that there should be a rule against making inflammatory statements to other posters; however, if there is NOT such a rule currently in place, then the rule would need to be made and publicized before it could/should be enforced.  Personally, I am NOT inclined to attempt to enforce a rule that is NOT fairly in place.

For what you've expressed a desire for, you certainly do not lead by example.

For example?   If I call your ideas or your conclusions "stupid-ass," I am NOT calling you stupid ass... I am suggesting that your argument is baseless or lacking facts or lacking logic or does NOT follow from the information that is known. 

So I am NOT sure what you mean about me NOT leading by example? I rarely engage in personal attacks of other posters, besides suggesting some of their ideas are fucked (or some other explicative).  ONLY sometimes I get pissed off a little bit more than may be necessary at someone pursuing a bunch of silly ass ideas and/or seeming to want to argue, just for the sake of argument.

You may be correct that from time to time I go too far  in my comments, and I could be a little more polite.  That is possible.  However, a problem with having a forum without rules is that it becomes contagious to engage in this kind of conduct (or potentially a disadvantage if a poster refrains from it) or even irresistibly tempting to throw out a few extra explicative, here and there.   

You know the expression that it may NOT be very useful to bring a knife to a gun fight.  Accordingly, the rule of the community sometimes affects conduct.

Ultimately, I believe for the most part I am fairly restraint in the area of personal attacks that I make or my stating conclusions without some basis.  I am pretty minimal with FUD-like spreading... so I would like to hear what you believe from you assessment of the situation that I do or say that is NOT leading by example?

[y3804]

Tera predicting a big drop   Well if you say the same thing every single day month after month you'll one day be right.
Obsessive compulsive disorder.

SINA weibo

http://www.weibo.com/1642634100/B2PWiq8nr?mod=weibotime

[Review] Morning News for domestic Bitcoin ecosystem, the "Deposit difficult" Maybe just pain, there is always a way to bypass the ban; But the lack of application scenarios, make Bitcoin home nowhere in China is facing the dilemma. With mobile payment application, Bitcoin has been integrated into the daily lives of Americans in large part. But in China, such transactions are likely to hit a minefield.

http://www.weibo.com/1733978750/B2Je56PVU?mod=weibotime
http://www.csrc.gov.cn/pub/shenzhen/xxfw/tzzbh/201401/W020140124591040626240.pdf

Huobi will need license check to run their business in 5 days. The 2013 document states that e-commerce platforms such as huobi will need transaction monitoring to keep platform features online to prevent money laundering, however this could be rumors, news source is not confirmed,

[derpinheimer]

i'm really liking the action right now, looks bullish, looks like poeple sodl when they should have hodl.... always hodl!

Looks bearish to meeee

[byronbb]

Someone just dumped ~500 coins and less than 2 seconds later someone market orders 400.

I think we have a war.

It'll never compare to that day when whales where dumping and market ordering thousands of coins at a time. Anyone else remember that craziness? Something like 2-5kBTC market orders in both directions, for like 70k volume in an hour?

my fav market moment was when bitcoinia long squeezed everyone and 5 mins later ( no joke 5 mins!) the price was higher than where the long squeeze started

was like a ~60% swing down and up in about 15 mins

that was epic!

ah the good old days when bitcoin was a joke.

Bitcoinica was awesome. I am surprised and disappointed no one has made a replica for one of the alt coins. Stupid leverage with a soft orderbook on the underlying market = madness.

[JorgeStolfi]

You, Jorge, seem to like to do this with some of your negative speculations, to explore matters that are theoretically possible but are about as likely as my getting struck by lightning in Brazil in the next 24 hours. 

Well, if you find a true believer who owns a private jet plane, you can buy the plane from him and hire him as a pilot with 0.01 BTC. Then you can be flying over Brazil in 10 hours maybe.  Then you only have to find a tropical thunderstorm over the Amazon (almost certainly there will be one somewhere), fly into it, parachute out of the plane and unravel a roll of fine copper wire on the way down.

[octaft]

For example?   If I call your ideas or your conclusions "stupid-ass," I am NOT calling you stupid ass... I am suggesting that your argument is baseless or lacking facts or lacking logic or does NOT follow from the information that is known. 

So I am NOT sure what you mean about me NOT leading by example? I rarely engage in personal attacks of other posters, besides suggesting some of their ideas are fucked (or some other explicative).  ONLY sometimes I get pissed off a little bit more than may be necessary at someone pursuing a bunch of silly ass ideas and/or seeming to want to argue, just for the sake of argument.

You may be correct that from time to time I go too far  in my comments, and I could be a little more polite.  That is possible.  However, a problem with having a forum without rules is that it becomes contagious to engage in this kind of conduct (or potentially a disadvantage if a poster refrains from it) or even irresistibly tempting to throw out a few extra explicative, here and there.   

You know the expression that it may NOT be very useful to bring a knife to a gun fight.  Accordingly, the rule of the community sometimes affects conduct.

Ultimately, I believe for the most part I am fairly restraint in the area of personal attacks that I make or my stating conclusions without some basis.  I am pretty minimal with FUD-like spreading... so I would like to hear what you believe from you assessment of the situation that I do or say that is NOT leading by example?

What I mean is calling my conclusions "stupid-ass" doesn't serve much purpose but to antagonize, especially when I haven't drawn any real conclusions (other than the joke one that I gave you the little wink on and everything). You can word that a lot better and still get your point across.

I honestly am not bothered by a little bit of antagonizing. Then again, I'm not the one who wants stricter moderation.

[Walsoraj]

http://www.reddit.com/r/dogecoin/comments/24qunl/psychic_predicts_that_bitcoin_will_crash_due_to_a/
http://paranormal.about.com/od/prophetsandprophecies/tp/Psychic-Predictions-for-2014.htm
http://worldpsychic.org/world-predictions/predictions-2014-part-i-newest/

Prediction #14: The alternative digital currency, Bitcoin, will crash due to a well placed virus that affects the algorithm. . …

Game over! Sell before it's too late!

 

[JayJuanGee]

You, Jorge, seem to like to do this with some of your negative speculations, to explore matters that are theoretically possible but are about as likely as my getting struck by lightning in Brazil in the next 24 hours. 

Well, if you find a true believer who owns a private jet plane, you can buy the plane from him and hire him as a pilot with 0.01 BTC. Then you can be flying over Brazil in 10 hours maybe.  Then you only have to find a tropical thunderstorm over the Amazon (almost certainly there will be one somewhere), fly into it, parachute out of the plane and unravel a roll of fine copper wire on the way down.

Thanks for outlining that b/c that is what I am talking about.  It is possible, but NOT likely, and the only way I am going to get a flight from California to Brazil for .01BTC  in less than 24 hours would be to peg the BTC payment based on BTC's likely future value in the coming years.    So, let's say a private funded flight to Brazil would be around $10k to $20K, then in order to pay with .01 BTC, then 1 BTC would have to be valued at $1 million to $2 million.

Attention everyone: Jorge has turned Bull!!!!!

[adamstgBit]

http://www.reddit.com/r/dogecoin/comments/24qunl/psychic_predicts_that_bitcoin_will_crash_due_to_a/
http://paranormal.about.com/od/prophetsandprophecies/tp/Psychic-Predictions-for-2014.htm
http://worldpsychic.org/world-predictions/predictions-2014-part-i-newest/

Prediction #14: The alternative digital currency, Bitcoin, will crash due to a well placed virus that affects the algorithm. . …

Game over! Sell before it's too late!

 

its werid #9 is

 

Programmers will discover a simple computer code or app that will end almost all future online computer viruses.

lol wtf.

[TERA]

I don't think of the upcoming drop so much as a prediction, but as a painfully obvious feature of the chart that I thought we all agreed on.

[adamstgBit]

I don't think of the upcoming drop so much as a prediction, but as a painfully obvious feature of the chart that I thought we all agreed on.

bitcoin will drop because chart?!

stick a fork in them! the bears are done!




ahhhh, I feel better now that bitcoin is trending up again.

[TERA]

I don't think of the upcoming drop so much as a prediction, but as a painfully obvious feature of the chart that I thought we all agreed on.

bitcoin will drop because chart?!


stick a fork in them! the bears are done!

Yes... when have I ever made a prediction based on anything other than the chart? It is true that sometimes I try to speculate about some factors that might be responsible for the trend on the chart, but I am always primarily about the chart especially when projecting the next movement.

[ChartBuddy]

Explanation