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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26408113 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.)
aminorex
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May 25, 2014, 12:28:39 AM

I think your outlook is too pessimistic, what about the possibility of decentralized exchanges or direct peer-to-peer trades without a third party? I think that will be the future if all the exchanges are forced to become this intrusive. And there are also more anonymous coins coming on the market now and I don't think those governments want to push us all away from Bitcoin and towards those coins. So I think they will be forced to come to the bargaining table and loosen up on their intrusiveness.

Anybody know where to get volume numbers from Mycelium wallet local exchanges, localbitcoins.com, et filia?

It will not take a push for a lot of traffic to flow into anonymous transaction space.  It was the illusion of this feature which bootstrapped bitcoin's value.  It is a huge, throbbing demand, which is otherwise unmet:  Easy to use practical anonymity fit for a given use case, liquidity that cannot be taken away because it cannot be seen.  The perception is no longer there, for bitcoin, but it is increasingly the reality elsewhere. 
zimmah
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May 25, 2014, 12:42:53 AM

I think your outlook is too pessimistic, what about the possibility of decentralized exchanges or direct peer-to-peer trades without a third party? I think that will be the future if all the exchanges are forced to become this intrusive. And there are also more anonymous coins coming on the market now and I don't think those governments want to push us all away from Bitcoin and towards those coins. So I think they will be forced to come to the bargaining table and loosen up on their intrusiveness.

Anybody know where to get volume numbers from Mycelium wallet local exchanges, localbitcoins.com, et filia?

It will not take a push for a lot of traffic to flow into anonymous transaction space.  It was the illusion of this feature which bootstrapped bitcoin's value.  It is a huge, throbbing demand, which is otherwise unmet:  Easy to use practical anonymity fit for a given use case, liquidity that cannot be taken away because it cannot be seen.  The perception is no longer there, for bitcoin, but it is increasingly the reality elsewhere. 


not sure how reliable this is, and also it's not listed for every currency either.

http://bitcoinity.org/markets/localbitcoins/EUR
JorgeStolfi
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May 25, 2014, 12:43:38 AM

Anybody know where to get volume numbers from Mycelium wallet local exchanges, localbitcoins.com, et filia?
Bitcoincharts.com shows Localbitcoin trades, for a dozen currencies separately.  I gathered their daily volumes for a while, but they did not add up to much.  Will try to repost the numbers later today or tomorrow.
ChartBuddy
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May 25, 2014, 01:00:40 AM


Explanation
JorgeStolfi
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May 25, 2014, 01:37:48 AM

An old but interesting article about Brock Pierce and the virtual money market, pre-bitcoin:
The Decline and Fall of an Ultra Rich Online Gaming Empire
By Julian Dibbell   2008.11.24
http://wolfblitzzer0.blogspot.com.br/2014/03/bitcoin-autumn-radtke-toxicology.html
ChartBuddy
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May 25, 2014, 02:00:41 AM


Explanation
Davyd05
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May 25, 2014, 02:03:46 AM

Weekend buying, I like.
ChartBuddy
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May 25, 2014, 03:00:43 AM


Explanation
ChrisML
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May 25, 2014, 03:13:13 AM

Choo CHOO. CCMF.

Weekend buying on pretty low volume. Loving it.
derpinheimer
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May 25, 2014, 03:29:48 AM

Money is finally hitting the exchanges. This could get nuts..
nanobrain
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May 25, 2014, 03:33:19 AM

Money is finally hitting the exchanges. This could get nuts..

Not sure if 'new money' would be processed at the weekend but I suspect this could be money that hit late last week and has decided to get in early plus money on the sidelines that similarly thinks it will get in ahead of next week.

But it could go nuts very quickly Smiley
ChartBuddy
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May 25, 2014, 04:00:40 AM


Explanation
BitChick
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May 25, 2014, 04:03:25 AM

Nice cup and handle forming.   Grin 
lyth0s
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May 25, 2014, 04:04:14 AM

Money is finally hitting the exchanges. This could get nuts..

Are you saying new money is hitting the exchanges? Or people that have money on exchanges are buying? If your speaking of the former, how do you know?
ChrisML
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May 25, 2014, 04:05:38 AM

Money is finally hitting the exchanges. This could get nuts..

Are you saying new money is hitting the exchanges? Or people that have money on exchanges are buying? If your speaking of the former, how do you know?

Nobody knows. The people who are buying know. Do you know?
ShameOnYou
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May 25, 2014, 04:10:33 AM

So we're gonna break 548 here? Im biting my nails at this action.... there is a big log trend overhead from the ATH at around 540$, if we take out that and 550 I'm going all in I think, but not before....
ChrisML
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May 25, 2014, 04:13:11 AM

So we're gonna break 548 here? Im biting my nails at this action.... there is a big log trend overhead from the ATH at around 540$, if we take out that and 550 I'm going all in I think, but not before....

Well, with this kind of buying activity going on in the weekend, I am sure that next week will be very interesting!
seleme
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May 25, 2014, 04:13:44 AM

Money is finally hitting the exchanges. This could get nuts..

Money hitting exchanges on weekend? And on 5k volume?
hyphymikey
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May 25, 2014, 04:18:23 AM

580 by Monday
Davyd05
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May 25, 2014, 04:23:53 AM

looks like the action is snow balling
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