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

[YogoH]

Do you guys use Huobi or Bitstamp for your TA?

[chessnut]

bids are doing the tsunami, blast off looks imminent

cant wait to give all my friends 10bits with the new FB app coming out soon.

Adam to you know how the app is going to work? is it going to be totally confined to facebook or is the block chain website going to play a role?

Can wait to send some friends bitcoin either, but it has to be 2-3 clicks Maximum or they wont get it lol.

[chessnut]

Do you guys use Huobi or Bitstamp for your TA?

they are both very important, day to day the market leader changes and we just have to adapt.

[adamstgBit]

bids are doing the tsunami, blast off looks imminent

cant wait to give all my friends 10bits with the new FB app coming out soon.

Adam to you know how the app is going to work? is it going to be totally confined to facebook or is the block chain website going to play a role?

Can wait to send some friends bitcoin either, but it has to be 2-3 clicks Maximum or they wont get it lol.

no clue how it will work, no clue when its coming, I heard something somewhere yesterday about it, that is the extent of my knowledge

I hope they its works with no fees and not every 10bit TX recorded on the blockchain...

[ChrisML]

Did someone just fart? 

[adamstgBit]

Do you guys use Huobi or Bitstamp for your TA?

whats the difference they both track the value of bitcoin

up or down... hmmm thats a tough one

[adamstgBit]

Secret Rocket Taking off

[ChrisML]

Willy? Anyone got some sardines left?

We need to feed this whale. Maybe some shrimps..? Bubba loves shrimps.

[YogoH]

[wachtwoord]

bids are doing the tsunami, blast off looks imminent

cant wait to give all my friends 10bits with the new FB app coming out soon.

that's less than $0.007 CAD

He's very very generous

[silverfuture]

bids are doing the tsunami, blast off looks imminent

cant wait to give all my friends 10bits with the new FB app coming out soon.

that's less than $0.007 CAD

He's very very generous

That's 35.00 when considering all 5000 friends.

[ChrisML]

bids are doing the tsunami, blast off looks imminent

cant wait to give all my friends 10bits with the new FB app coming out soon.

that's less than $0.007 CAD

He's very very generous

That's 35.00 when considering all 5000 friends.

Cant wait to give my 90 FB friends some   

[shmadz]

https://www.youtube.com/watch?v=HPvs9XjHOkI

thanks for that link, it brought me to this one

https://www.youtube.com/watch?v=kWRlNO79sLw

edit:

I never quite understood the "adoption gap" chasm until I saw this little beauty



big thanks to whoever dropped that link, sorry I don't remember

finally I understood that this correlation of hype and despair explains the "adoption gap" chasm theory.

[ChartBuddy]

Explanation

[nanobrain]

Just been catching up on the last 15 pages...very Jorge obsession, so much bitter.

Since there seems to have been lots of analogies lately, perhaps Jorge is this thread's "Willy-bot", powering the page count along distracting us from the realities of the situation.  Only when Jorge is but a distant memory will we look back and say - it was the biggest forum thread in internet history but it was a sham, we thought we knew what was going on but we were fooling ourselves.

Adam has spent 10 pages urging the price up and its not really budged; perhaps BTC will actually just grow slowly and become less volatile.  No more bubbles, moons or trains.  Perhaps the last two bubbles were faked, perhaps they weren't but either way does their occurrence really ensure a third or a fourth (apparently on current trends by 2060 a third of the world's population will be Elvis impersonators!!).  I really don't know.

But why don't we stop bashing Jorge for being sceptical when it would appear that treating everything in life with a healthy dose of scepticism would be wise.

PS with regard to the football analogy (I assume we are talking about the global game rather than over-developed men charging at each other) -- let us remember it has still to 'take off' in the US and is rife with corruption with a match-fixing (international games) scandal breaking at present.

[byronbb]

That FB app might actually work well. People owe each other money all the time so now you can badger them over FB and ask for bitcoins.

[hdbuck]

1w EMA crossed back

[shmadz]

Eh, sorry to rain on your parade guys, but in all honesty, the entire "should we talk abot bit or ubit or mBTC" discussion only matter if Bitcoin ever becomes a unit of account. And frankly, I don't see that happening for a long time yet. (I mean it: long time. A human generation, maybe).

And for the other aspects, exchange medium, store of wealth, it doesn't matter one bit (hur hur) what it's called... gold bugs had to wrap their head around the rather impractical 'ounces' for a while, and that never stopped adoption either.

What I'm saying is, discuss away how to call the fractions of a coin, but I tend to think, it won't matter either way.

*emphasis mine

bitcoin was born as a unit of account, it's actually the core function. simply an open ledger of accounting (that cannot be changed, by anyone, as far as we know)

but I'm guessing that you're using the term "unit of account" to mean "global reserve currency" and in that case you're right, 10-15 years at least... I think?

[wachtwoord]

Eh, sorry to rain on your parade guys, but in all honesty, the entire "should we talk abot bit or ubit or mBTC" discussion only matter if Bitcoin ever becomes a unit of account. And frankly, I don't see that happening for a long time yet. (I mean it: long time. A human generation, maybe).

And for the other aspects, exchange medium, store of wealth, it doesn't matter one bit (hur hur) what it's called... gold bugs had to wrap their head around the rather impractical 'ounces' for a while, and that never stopped adoption either.

What I'm saying is, discuss away how to call the fractions of a coin, but I tend to think, it won't matter either way.

*emphasis mine

bitcoin was born as a unit of account, it's actually the core function. simply an open ledger of accounting (that cannot be changed, by anyone, as far as we know)

but I'm guessing that you're using the term "unit of account" to mean "global reserve currency" and in that case you're right, 10-15 years at least... I think?

I told him already. He doesn't believe me.

[shmadz]

Eh, sorry to rain on your parade guys, but in all honesty, the entire "should we talk abot bit or ubit or mBTC" discussion only matter if Bitcoin ever becomes a unit of account. And frankly, I don't see that happening for a long time yet. (I mean it: long time. A human generation, maybe).

And for the other aspects, exchange medium, store of wealth, it doesn't matter one bit (hur hur) what it's called... gold bugs had to wrap their head around the rather impractical 'ounces' for a while, and that never stopped adoption either.

What I'm saying is, discuss away how to call the fractions of a coin, but I tend to think, it won't matter either way.

*emphasis mine

bitcoin was born as a unit of account, it's actually the core function. simply an open ledger of accounting (that cannot be changed, by anyone, as far as we know)

but I'm guessing that you're using the term "unit of account" to mean "global reserve currency" and in that case you're right, 10-15 years at least... I think?

I told him already. He doesn't believe me.

I think he understands bitcoin pretty much as well as I do. We may differ on some finer point, and when we do, I start to worry a little bit...  I guess that's why I posted that.