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

[molecular]

I present the Matroska Cup & Handle pattern:

This is a pretty interesting pattern. So you're speculating at this point that we still won't reach our previous ATH this year?

No, we will break $1260 according to this. Around October.

Why do you consider $1260 to be the ATH and not $1163?

my mistake. I remembered wrong and didn't check.

[oda.krell]

yesterday i did my biggest market buy ever.

feeling lucky.

LOL. Market buying......

I mean, do it when you gotta, when the train is clearly taking off without you...but I pretty much never hit the market order button. To each his own I guess.

Might be a matter of terminology. If I want to buy in (or sell) and I mean it, I set a limit order that is guaranteed to be filled in one go. I would, colloquially, refer to it as "market order", because I am effectively buying at whatever the market is offering me, and the limits are just there to protect me from some weird flukes of the order matching engine.

[bitcoinsrus]

Fortunately for you, if these things bother you and you'd rather have a malleable money supply managed by unelected officials who can seize funds and reverse transactions at will: you are well served with the current monetary paradigm - be it Keynesian, monetarist or neocon - the differences are of cosmetic character, really.

Those of us with the (obviously wrong!) view that a monetary system should be predictable and not prone to manipulation by individuals have been longing for the chance to try out something like that. It will quite obviously fail, because centralized systems run by experts are naturally superior to decentralized systems run by no one but some people just need to convince themselves on their own, deferring to the wise opinions of experts is not enough for them. And who knows - if by some freak accident such a monetary system turns out to be better than what we have now, you will benefit as well

My preferences are not important.  The point is that a system that does not allow the forcible return of stolen property will not be acceptable to society, except for thieves and other criminals.  In the end, it will be rejected even by the libertarians who now think that irreversibility is a good thing.

Bitcoin is just as easy to "forcibly return" as cash, gold, precious metals or any other form of property.  If I'm wrong, please explain why.

You are very wrong. It is easier to return than cash or gold

[KFR]

Fortunately for you, if these things bother you and you'd rather have a malleable money supply managed by unelected officials who can seize funds and reverse transactions at will: you are well served with the current monetary paradigm - be it Keynesian, monetarist or neocon - the differences are of cosmetic character, really.

Those of us with the (obviously wrong!) view that a monetary system should be predictable and not prone to manipulation by individuals have been longing for the chance to try out something like that. It will quite obviously fail, because centralized systems run by experts are naturally superior to decentralized systems run by no one but some people just need to convince themselves on their own, deferring to the wise opinions of experts is not enough for them. And who knows - if by some freak accident such a monetary system turns out to be better than what we have now, you will benefit as well

My preferences are not important.  The point is that a system that does not allow the forcible return of stolen property will not be acceptable to society, except for thieves and other criminals.  In the end, it will be rejected even by the libertarians who now think that irreversibility is a good thing.

Bitcoin is just as easy to "forcibly return" as cash, gold, precious metals or any other form of property.  If I'm wrong, please explain why.

You are very wrong. It is easier to return than cash or gold

I just deleted my post because I saw other people had said more or less the same thing.  And you're quite right - thanks for pointing out my 'error'.

It doesn't matter though.  It's not like Jorge is ever going to consider facts that fly in the face of his self-righteous crusade to "protect" the world from something he simply doesn't understand.

[bitcoinsrus]

Get rid of those coins, made of the hand of the devil, and you might get reliefed! Otherwise you have to watch Andreas M Antonopoulos naked pulling peanuts out of his ass for the rest of eternity. My dad and i are not very pleased with your little experiment!

Name:   JesusChrist
Posts:   1
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Date Registered:   Today at 05:40:59 PM
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I had to wait like 4 hours before I could post on the main forum

[ChartBuddy]

Explanation

[rafamadeira]

Get rid of those coins, made of the hand of the devil, and you might get reliefed! Otherwise you have to watch Andreas M Antonopoulos naked pulling peanuts out of his ass for the rest of eternity. My dad and i are not very pleased with your little experiment!

Name:   JesusChrist
Posts:   1
Activity:   0
Position:   Brand new
Date Registered:   Today at 05:40:59 PM
Last Active:   Today at 05:53:43 PM
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I had to wait like 4 hours before I could post on the main forum

Wel.. He is Jesus Christ

[BitChick]

Get rid of those coins, made of the hand of the devil, and you might get reliefed! Otherwise you have to watch Andreas M Antonopoulos naked pulling peanuts out of his ass for the rest of eternity. My dad and i are not very pleased with your little experiment!

Name:   JesusChrist
Posts:   1
Activity:   0
Position:   Brand new
Date Registered:   Today at 05:40:59 PM
Last Active:   Today at 05:53:43 PM
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I had to wait like 4 hours before I could post on the main forum

1 post and straight to "ignore!"  

Maybe they should go back to at least 4 hours or more?  

[adamstgBit]

wow!

[BitChick]

wow!

Was that a buy or a sell of over 400 on Stamp?  My computer was showing it red then it turned green.  I am so confused.

[ChrisML]

Oh I Gotta FEELING, woeehoeee.

With that said, I closed my longs today, took a nice profit and reopend one. All aboard, I guess.

[Patel]

wow!

Was that a buy or a sell of over 400 on Stamp?  My computer was showing it red then it turned green.  I am so confused.

601 coin sell

[adamstgBit]

wow!

Was that a buy or a sell of over 400 on Stamp?  My computer was showing it red then it turned green.  I am so confused.

601 coin sell

a i think i saw, a bid wall pop up, a seller taking it and putting up his ask wall, then the buyer took his wall and put up a new wall

its whale eat whale out there

[kireinaha]

Get rid of those coins, made of the hand of the devil, and you might get reliefed! Otherwise you have to watch Andreas M Antonopoulos naked pulling peanuts out of his ass for the rest of eternity. My dad and i are not very pleased with your little experiment!

Name:   JesusChrist
Posts:   1
Activity:   0
Position:   Brand new
Date Registered:   Today at 05:40:59 PM
Last Active:   Today at 05:53:43 PM
----------------------------------------------------------------------------
I had to wait like 4 hours before I could post on the main forum

Wel.. He is Jesus Christ

lmao

[ChrisML]

Prob old news but:

http://www.bloomberg.com/video/dish-network-says-yes-to-customer-bitcoin-payments-PWmvFjkPT2Whk6XqwI1NVA.html

jeej. MOON?

[derpinheimer]

wow!

Was that a buy or a sell of over 400 on Stamp?  My computer was showing it red then it turned green.  I am so confused.

The charts don't help lol.  Going by the I'd guess fresh bidwall partly sold in to..

[cbeast]

567.8 schlemiel schlimazel hasenpfeffer incorporated

[Broseph Stalin]

Part of that 600 BTC on stamp sold into mine. Made me go "whoa".
Someon put up a big wall at $568. I placed mine at $568.01.

5 seconds later: both gone in one fell swoop.

[adamstgBit]

Prob old news but:

http://www.bloomberg.com/video/dish-network-says-yes-to-customer-bitcoin-payments-PWmvFjkPT2Whk6XqwI1NVA.html

jeej. MOON?

bitcoins going places, and doing shit.

poeple need to wake up and price this shit in.

but again they will wait, and wait, and they all rush in at once and cause a bubble.

with that said, Mars!

[cbeast]

Get ready for a shakeout to 555.