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

[edwardspitz]

Some more bullish news for you then TERA 

http://www.coindesk.com/indias-first-fully-open-bitcoin-exchange-launched/

New fiat will be trickling.

Next big thing

In December, the bitcoin community turned to India as its next great hope after Chinese government statements caused the price to drop from its record high of $1,200. India is an emerging economy with a population of over a billion people, nearly half of whom are unbanked or under-served by banks.

Another hype based on nothing..
I'm pretty sure the exchange will claim millions in volume while having 100 satoshi in it's wallet.

The emerging countries , BRICS , myths about adoptions in Africa...

The only real way for bit coin to grow is being used where people have enough money to spend and business eager to accept it.
And that's the good old Europe and North America.

I was sure that Exchange was fake, but maybe it is real since coindesk.com is reporting about it. I concluded that is was most likely fake because:

1) It uses a $20 (Wordpress or Drupal) template from Themeforest (nothing wrong with that per se)
2) It has no API (nothing wrong with that, but it confirms that they have not made an effort to make a top notch trading platform - It could very well just be a Drupal- or Wordpress-site put together in 8-20 hours or so)
3) It has an impressive PDF about AML policy here: https://btcxindia.com/law_regulation but it turns out to mostly copy/paste of another document (search Google)
4) The graph and market data looks a bit odd  I took the screenshot  after they launched so obviously they had not tested it before launch. Not very convinced it is a safe place to trade.
5) The content on the social media profiles looked a bit random and it looks like is more copy/paste work across the profiles.

[oda.krell]

Huh. This is starting to look somewhat decent. Not what I expected, but, nice.

If we make it to 460, I might even buy back in (coming from 550, so don't come shouting "at a loss").

[TERA]

^^ I noticed on the chart there was some point where time travel was performed.

[JorgeStolfi]

This inspired me to make an article about it. Another day, another conspiracy in the Crypto world.
http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/fxbtc-exchange-shuts-down-early-holding-10000-of-customers-funds/

Picking a nit: the Chinese currency is called yuan, the Japanese one is yen.  (Although the words have the same origin, it would be like referring to GBP as "the British peso".)

[niothor]

^^ I noticed on the chart there was some point where time travel was performed.

Probably even the bots trying to fake some volume where "developed" with 5$ on getafreelancer

[hdbuck]

seems we're still right on track tho.



cant wait for june and some action! (and sun and beaches, and bitches  )

[ChartBuddy]

Explanation

[oda.krell]

This inspired me to make an article about it. Another day, another conspiracy in the Crypto world.
http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/fxbtc-exchange-shuts-down-early-holding-10000-of-customers-funds/

Picking a nit: the Chinese currency is called yuan, the Japanese one is yen.  (Although the words have the same origin, it would be like referring to GBP as "the British peso".)

Or the US Taler :D

[akujin]

Nex target... 455? 

[simmo77]

22k wall support @ 10.5 @ LTC
strange

Strange indeed. I thought all the cool kids had turned to the DRK side...

[herzmeister]

Or the US Taler

yup, see https://en.wikipedia.org/wiki/J%C3%A1chymov

[inca]

I'm only perceived as a bear due to the contrast that appears between me and uberturbobulls like rpetelia.

Actually you are perceived as a bear because all your posts are negative or bearish.

[spooderman]

sorry for OT.

Is there an exchange that buys and sells darkcoin (DRK) for fiat/btc?

Glad to see a bit of chooing today

[BRADLEYPLOOF]

sorry for OT.

Is there an exchange that buys and sells darkcoin (DRK) for fiat/btc?

Glad to see a bit of chooing today

www.poloniex.com does

[blatchcorn]

I'm only perceived as a bear due to the contrast that appears between me and uberturbobulls like rpetelia.

Actually you are perceived as a bear because all your posts are negative or bearish.

Hahaha this^

The sign of a true bear is denial

[ChartBuddy]

Explanation

[TERA]

I'm only perceived as a bear due to the contrast that appears between me and uberturbobulls like rpetelia.

Actually you are perceived as a bear because all your posts are negative or bearish.

You only perceive the posts as negative or bearish because of how they integrate into your belief structures of the way btc is supposed to trade. However, if any non-btc-iniated rational investor was to hear my projections, they might actual find them to be incredibly bullish. For example  [we're only on a 500% growth per year trend rather than a 1000% growth per year trend] and [if the sky falls we might see as much as a 40% drop but it'll have a sharp rebound and break $1000 in 2015]

[blatchcorn]

I'm only perceived as a bear due to the contrast that appears between me and uberturbobulls like rpetelia.

Actually you are perceived as a bear because all your posts are negative or bearish.

You only perceive the posts as negative or bearish because of how they integrate into your belief structures of the way btc is supposed to trade. However, if any non-btc-iniated rational investor was to hear my projections, they might actual find them to be incredibly bullish. For example  [we're only on a 500% growth per year trend rather than a 1000% growth per year trend] and [if the sky falls we might see as much as a 40% drop but it'll have a sharp rebound and break $1000 in 2015]

Never heard you say anything that bullish before 

[600watt]

I remember when the candles used to be like this:



And now they're like this:

Ha!

the last 5 months we saw a lot of this kind....

[Ivanhoe]

I sense optimism. Oh and also this : http://tweakers.net/nieuws/96018/betalingsprovider-mollie-accepteert-bitcoins.html i can't translate it because i'm on my phone, but this is huge.