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Question: When ATH?
Nov. 2020 - 47 (36.2%)
Dec. 2020 - 43 (33.1%)
Jan. 2021 - 14 (10.8%)
Feb. 2021 - 5 (3.8%)
Mar. 2021 - 5 (3.8%)
After Mar. 2021 - 16 (12.3%)
Total Voters: 130

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24709640 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. (153 posts by 40 users deleted.)
Cassius
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May 20, 2014, 06:11:41 PM

I was beginning to think that the one thing that could kill bitcoin would be boredom.

Good to see the patient still has a pulse Smiley

+1.  Smiley
You people need to look at the past and realize that congestions are always followed by large moves once the scale is tipped.
Not that hard, is it? Yet it always happens the same, because in humans, emotion drives reason and seldomly the other way around.

And of course, there are the "why did the price surge? any news? what happened? what about china?" cries. Because it couldn't be that price has a will of its own, as a manifestation of the consciousness of people around the world, and that there are some triggers that will incite movement. Nah, must be some NEWS.

Just wait. News will be found to fit the movement.
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navigator
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May 20, 2014, 06:16:03 PM

I've never seen the price go down after a stable period, yet people still ask and speculate on which way it will go.
YogoH
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May 20, 2014, 06:16:43 PM

Bubble fractals. Its bubbles all the way down.
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May 20, 2014, 06:18:26 PM

Bitcoin rally: price per Bitcoin briefly touches $500 http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/bitcoin-rally-price-per-bitcoin-briefly-touches-500/
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May 20, 2014, 06:19:48 PM

Yes be wary of LTC, it hasnt got much going for it anymore and one of the pools has also been flickering around 50% has rate for a few days as well.


Can you explain?
Never really saw the point in LTC, but what's different now?

The point of LTC was GPU resistant hashing, no make that ASIC resistant hashing, no make that....umm...look, a guy on a bike!

LTC is way past sell-by date.
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May 20, 2014, 06:23:36 PM

so what bit of news has come out to make it jump by $40 overnight? we're approaching summer now; is it time to heat up?
N12
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May 20, 2014, 06:24:02 PM

so what bit of news has come out to make it jump by $40 overnight?
I see what you did there. Cheesy
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May 20, 2014, 06:24:42 PM

so what bit of news has come out to make it jump by $40 overnight? we're approaching summer now; is it time to heat up?

It can be something else then news to start a rally or dump.
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May 20, 2014, 06:27:30 PM

Yes be wary of LTC, it hasnt got much going for it anymore and one of the pools has also been flickering around 50% has rate for a few days as well.


Can you explain?
Never really saw the point in LTC, but what's different now?

Well, besides from the sheer number of alts some of the new ones (drk,monero etc) have got real world useful features. LTC apart from its second mover advantage only has faster block times which is now included in a huge amounts of alts.

Whats the advantage of LTC over an alt thats faster and anon?

None! Dark's anonymity feature is getting better with updates too.


Almost. Dark coin is attempting to copy ring signature that is used by monero (my new favourite alt). Will be interesting if they can do it as it's not a copy paste integration.
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May 20, 2014, 06:28:43 PM

New poll time?   Grin
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May 20, 2014, 06:31:46 PM

Long stable boredom periods cause bitcoin rallys.
T.Stuart
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May 20, 2014, 06:32:53 PM

so, I live under a rock and I am lazy as hell

can someone tell me what just happened?

Karpeles made an appearance on Oprah earlier today and pulled the private keys for 600k coins out of his ass.

One at a time.

That would lower the price I think. 600k BTC lost is 2.9% of all Bitcoin that will ever be mined (more than 5% of currently mined ones)

You had to be there to fully appreciate the bullishness of the situation. My tv's still sticky.

 Cheesy

All that time cautioning against rocket pics and suddenly this?!!  Grin
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May 20, 2014, 06:39:32 PM

euphoria

Hmm.  I was thinking we are now in "Thrill."

Euphoria will be when it hits $2000+  Grin

"Tingle"
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May 20, 2014, 06:40:13 PM

so, I live under a rock and I am lazy as hell

can someone tell me what just happened?

Karpeles made an appearance on Oprah earlier today and pulled the private keys for 600k coins out of his ass.

One at a time.

That would lower the price I think. 600k BTC lost is 2.9% of all Bitcoin that will ever be mined (more than 5% of currently mined ones)

You had to be there to fully appreciate the bullishness of the situation. My tv's still sticky.

 Cheesy

All that time cautioning against rocket pics and suddenly this?!!  Grin

Yeah. Guess being bullish brightens one's mood...

Bear. Not even once.
N12
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May 20, 2014, 06:44:50 PM

so, I live under a rock and I am lazy as hell

can someone tell me what just happened?

Karpeles made an appearance on Oprah earlier today and pulled the private keys for 600k coins out of his ass.

One at a time.

That would lower the price I think. 600k BTC lost is 2.9% of all Bitcoin that will ever be mined (more than 5% of currently mined ones)

You had to be there to fully appreciate the bullishness of the situation. My tv's still sticky.

 Cheesy

All that time cautioning against rocket pics and suddenly this?!!  Grin

Yeah. Guess being bullish brightens one's mood...

Bear. Not even once.
I make money being bullish, but I can't make any money being bearish in part because I don't trust the exchanges to hold my short, and because Bitcoin is in a long-term bull trend and I probably dare not short it even in an intermediate bear market.
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May 20, 2014, 06:45:15 PM

Weak hands started running out of coins. It's not a question of if, it's just a question of when.
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May 20, 2014, 06:46:46 PM

so, I live under a rock and I am lazy as hell

can someone tell me what just happened?

Karpeles made an appearance on Oprah earlier today and pulled the private keys for 600k coins out of his ass.

One at a time.

That would lower the price I think. 600k BTC lost is 2.9% of all Bitcoin that will ever be mined (more than 5% of currently mined ones)

You had to be there to fully appreciate the bullishness of the situation. My tv's still sticky.

 Cheesy

All that time cautioning against rocket pics and suddenly this?!!  Grin

Yeah. Guess being bullish brightens one's mood...

Bear. Not even once.


/\BTC HEADING TO CANDY MOUNTAIN!!!WEEEEE =)
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May 20, 2014, 06:47:48 PM

Weak hands started running out of coins. It's not a question of if, it's just a question of when.

WATCH THE MOMENTUM WILL GIDDY UP AROUND 700ish ,,jmho ;-)
porcupine87
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May 20, 2014, 06:53:24 PM

Better graph of the breakout:



This line just shows how meaningless all the line drawing is Smiley

No, it just shows you don't understand trendlines or triangles Smiley

You cannot beat the market with such arbitrarily lines, except a sufficiant amount of traders use that lines.

Maybe the graph above just looks arbitrarily. This graph is better. And what tells you that? That Bransen and other investors just sit there and drawing lines? And invstors realize from now on, that the US goverment doesn't intervene and consumers will like it? Because of the lines?
Here, this one works:
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May 20, 2014, 06:57:02 PM

Yes be wary of LTC, it hasnt got much going for it anymore and one of the pools has also been flickering around 50% has rate for a few days as well.


Can you explain?
Never really saw the point in LTC, but what's different now?

Well, besides from the sheer number of alts some of the new ones (drk,monero etc) have got real world useful features. LTC apart from its second mover advantage only has faster block times which is now included in a huge amounts of alts.

Whats the advantage of LTC over an alt thats faster and anon?

None! Dark's anonymity feature is getting better with updates too.


Almost. Dark coin is attempting to copy ring signature that is used by monero (my new favourite alt). Will be interesting if they can do it as it's not a copy paste integration.

Darkcoin is proper development (with real dev and actual coding), monero is bytecoin fork.

Jury is out, interesting to watch how this plays out.
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