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

[wachtwoord]

Here comes the Facebook!!

http://www.coindesk.com/facebook-integrated-wallet-makes-sending-bitcoin-easy-messaging/

aw man, even more noobs who will use the dreaded 'bits' instead of ubits.

There are worse problems. 

Yes, although I agree the term is illogical.

[1715532503]

1715532503

[1715532503]

1715532503

[JorgeStolfi]

I use coinbase app on my phone and when I go to the bar in my area they use coinbase merchant.  That transaction is never shown on the blockchain.

If you are giving bitcoins to Coinbase, individually or in lump amounts, those payments should show in the blockchain as Output Volume, right? 

If you are paying Coinbase in dollars, in what sense is that "bitcoin adoption"?

[magicmexican]

Very unexpected turn of events @DRK coin

[theonewhowaskazu]

Can people please stop talkign about dark coin?

[seleme]

Very unexpected turn of events @DRK coin

Almost shocking, lol

[seleme]

Anyone having problems logging into Bitstamp?

It gives me "wrong authentication code" for 10 times before finally accepting it.

[MatTheCat]

I never sold my shitcoin portfolio Mat

I thought as much. lol.

[JorgeStolfi]

Curioulsy the number of transactions per day and their total BTC volume have increased very little, or not at all, since September last year.  So, either commercial e-payments  are a small fraction of those numbers, or they are not increasing (and their USD volume is actually decreasing, since the BTC price has fallen considerably in that period).

the price has not decreased since September.

Right, sorry for that.  I meant to write that the  USD/BTC price has fallen since Februrary while the total BTC traffic has remained pretty much constant (~600'000 BTC/day).

Jorge, maybe check out this thread regarding transactions and distribution off balances correlated to price
 https://bitcointalk.org/index.php?topic=441336.0

Thanks, interesting information there.

[/quote]
the creation of zero balances implies transactions and spending
[/quote]
That is not clear...  Addresses with zero balance could be created for many other reasons, such as sprinkling and collecting dirty coins to confuse detectives, stress-testing of wallet software, gambling, pay-out by miner pools, ...   

[oda.krell]

That is not clear...  Addresses with zero balance could be created for many other reasons, such as sprinkling and collecting dirty coins to confuse detectives, stress-testing of wallet software, gambling, pay-out by miner pools, ...  

It's a while ago that I read his methodology, but what you seem to have in mind is actually /creating/ an address, one that is empty though. Correct?

If so, that address would not appear on the blockchain. What gbianchi means (again, iirc) is the /existence/ of empty addresses which necessarily means they a) received an input (thus appearing in the blockchain) and b) were used in an ouput (the "spending" part).

Hence: an empty address on the blockchain implies a transaction took place, and more specifically, one that was not just for "storage" reasons, but also spending the input again (even if, in principle, that spending could be to another storage location)

[F-bernanke]

Anyone having problems logging into Bitstamp?

It gives me "wrong authentication code" for 10 times before finally accepting it.

Try to sync your authenticator/phone time.

[ChartBuddy]

Explanation

[seleme]

Anyone having problems logging into Bitstamp?

It gives me "wrong authentication code" for 10 times before finally accepting it.

Try to sync your authenticator/phone time.

Its only bitstamp, no problems on other sites.

I never sold my shitcoin portfolio Mat

I thought as much. lol.

you could bet on that.

[gentlemand]

I've had authenticator problems on only one site before as well. It worked fine on others. In the end I had to get them to remove it and I started again. Do you have the original key that they gave you for it?

[bitebits]

Why does igorr keep on saying: This user is currently ignored. Anyone?

[oda.krell]

Why does igorr keep on saying: This user is currently ignored. Anyone?

He is one of our most intelligent users on here. His contributions, brilliant as they are, however tend to move the markets through their sheer relevance and originality in a way that is unpredictable, maybe even dangerous.

It was decided that it would be for the better of all of us lesser users if we are spared the radiating intelligence of his posts, and thus he has been placed on ignore by most. A sacrifice none of us made lightly.

The candle that burns twice as bright...

[Cassius]

Very unexpected turn of events @DRK coin

Literally no one saw that coming.

[MatTheCat]

Very unexpected turn of events @DRK coin

Literally no one saw that coming.

Anyone care to explain in a nutshell so I don't have to go and look it up?

[wachtwoord]

Very unexpected turn of events @DRK coin

Literally no one saw that coming.

Anyone care to explain in a nutshell so I don't have to go and look it up?

The price crashed 25% today.

[T.Stuart]

Very unexpected turn of events @DRK coin

Literally no one saw that coming.

Anyone care to explain in a nutshell so I don't have to go and look it up?

[Essex343]

i think that we will have another push up above 600....maybe to 610 or 620, then maybe have a slide down to the 510-530 area before the next massive wave of buying happens. well, thats what i am hoping for anyway!