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

[Richy_T]

Blockchain.info is a block explorer and a bitcoin wallet with more than 1.5 million users.

Too many users. Is the message about decentralization not getting through?

[Raystonn]

Blockchain.info is a block explorer and a bitcoin wallet with more than 1.5 million users.

Too many users. Is the message about decentralization not getting through?

We need decentralized web apps.  Impossible to DDOS.  Something built into Bitcoin, preferably.

[bitgeek]

Wow came to check out the topic and it's a complete chaos 
Not only did I found more Chinese FUD but also that Jesus Christ is a hodler

[ChartBuddy]

Explanation

[aminorex]

I've been out of the loop for a little bit.  What caused the sudden $200+ rise over the past couple of weeks?

Me.

I want so badly to put Jesus Christ on ignore, but I just can't bring myself to do it.

[Walsoraj]

https://xrptalk.org/topic/2629-selling-my-xrp/

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512
 
Hi Everyone,
I started working on ripple in the summer of 2011. I soon hired Arthur and David to help me. In 2012, I met Chris Larsen. He joined us about 5 months before ripple was launched. Chris, Arthur and I kept 20 billion XRP, of which 9 billion were mine. We gave the remaining 80 billion to OpenCoin. 
I have given away and donated some of my 9 billion XRP to charities such as MIRI, Literacy Bridge, Give Directly, Mission Bit and others. I plan to start selling all of my remaining XRP beginning in two weeks. Because I have immense respect for the community members and want to be transparent, I’m publicly announcing this before I start. So just fyi…. xrp sales incoming.
Thanks,
Jed.
-----BEGIN PGP SIGNATURE-----
Version: Keybase OpenPGP v0.1.15
Comment: https://keybase.io/crypto
 
wsBcBAABCgAGBQJTfXm/AAoJED087Ujnqtv8fIYH/1JYnEkfWkx5gm+KEQk3hMFj
ePdvdDj0lWcaCw4SZIoP46IwincCdOysgaSlc4goUxz4n/sGa1pXUJQVJX8hFo+Y
nISFaEKVdXAUCWfU5TnnZmM4HTGq2KDCVchfyM3pq8BJS8RUIB/rHZ6szNdC69JU
QDWps3ykQNZXB7ct/Ss/Zt94EPYTcTinNuWLV4o2O1pnpui0JfO4fL3zjId3nEmN
AnEnt4HmPC+SRyG1qQJfruHUupMlI5aEVUbqh4yRN0TQv7eHpIXOK8RCOv4jkycJ
t3565HjA8MZ7VoqaClqx/PXlTpnNe1xzZqb/JQOAQEDRXhsk+jh1zRf5ea+sCRk=
=9Ktm
-----END PGP SIGNATURE-----
 
I didn't want people to wonder if this was from me or not so I signed it with my public key which can be found and verified here: keybase.io/jed/key.asc

Jedgeddon is almost upon us. This might provide a boost to bitcoin depending on how Jed sells and whether he immediately converts to bitcoin.

[cbeast]

I've been out of the loop for a little bit.  What caused the sudden $200+ rise over the past couple of weeks?

Me.

I want so badly to put Jesus Christ on ignore, but I just can't bring myself to do it.

He's my gardener.

[aminorex]

eh, that just made no sense at all. You started off by saying you know LTC will bounce back and then in the next answer said it was grossly over valued and provides no additional value    which one is it?!

Why such difficulty with the concept of time?  It is a partial order of states, each related to the previous, in which the local states of successors deviate from the local states of predecessors in degrees bounded by the uncertainty of the fine-structure.

LTC is oversold, thus it will go up on a short time frame.  LTC adds no fundamental value, thus it will go down on a long time frame.

[dreamspark]

eh, that just made no sense at all. You started off by saying you know LTC will bounce back and then in the next answer said it was grossly over valued and provides no additional value    which one is it?!

Why such difficulty with the concept of time?  It is a partial order of states, each related to the previous, in which the local states of successors deviate from the local states of predecessors in degrees bounded by the uncertainty of the fine-structure.

LTC is oversold, thus it will go up on a short time frame.  LTC adds no fundamental value, thus it will go down on a long time frame.

No problem with the concept of time, thanks.

In the context of what he said and the question I asked him his answer clearly didn't satisfy the question.

I asked him what makes him so sure it will bounce back up. His answer was then to explain its grossly over valued and brings nothing more to the table. No offer of an answer to the question of why is it guaranteed to bounce back. No time frames were mentioned at all. If you want to be pedantic you could say most coins bounce back but from where, to where and when are clearly the imperative factors.  

[Richy_T]

Not only did I found more Chinese FUD but also that Jesus Christ is a hodler

You didn't know already?

[Cassius]

eh, that just made no sense at all. You started off by saying you know LTC will bounce back and then in the next answer said it was grossly over valued and provides no additional value    which one is it?!

Why such difficulty with the concept of time?  It is a partial order of states, each related to the previous, in which the local states of successors deviate from the local states of predecessors in degrees bounded by the uncertainty of the fine-structure.

LTC is oversold, thus it will go up on a short time frame.  LTC adds no fundamental value, thus it will go down on a long time frame.

I've noticed a curious duality in your posts recently. Where has magic monkey gone? Whilst I appreciate your own ideas I mourn his loss (though I have to wonder about his relationship with the painkillers you were taking).

[ChartBuddy]

Explanation

[KFR]

I've been out of the loop for a little bit.  What caused the sudden $200+ rise over the past couple of weeks?

Me.

I want so badly to put Jesus Christ on ignore, but I just can't bring myself to do it.

I recall I was faced with a similar problem at school.  I resolved to refrain from ignoring him but instead chose to ignore almost everyone who quoted him.

[wachtwoord]

I've been out of the loop for a little bit.  What caused the sudden $200+ rise over the past couple of weeks?

Me.

I want so badly to put Jesus Christ on ignore, but I just can't bring myself to do it.

I recall I was faced with a similar problem at school.  I resolved to refrain from ignoring him but instead chose to ignore almost everyone who quoted him.

Cool! I'm ignoring Jesus Christ now.

[aminorex]

Now people don't even care about the tech and just jump in thinking they're getting rich quick.

Well, I can't say they're wrong.

[Raystonn]

Now people don't even care about the tech and just jump in thinking they're getting rich quick.

Well, I can't say they're wrong.

A well implemented technology should be invisible to end users.

[bpnave]

I've been out of the loop for a little bit.  What caused the sudden $200+ rise over the past couple of weeks?

Me.

I want so badly to put Jesus Christ on ignore, but I just can't bring myself to do it.

I recall I was faced with a similar problem at school.  I resolved to refrain from ignoring him but instead chose to ignore almost everyone who quoted him.

What were those quoting him saying?

[Chalkbot]

Cool! I'm ignoring Jesus Christ now.

I guess you can no longer use the tried and true excuse "If he's so real, why doesn't he just come tell me himself?"

Jesus Christ be like, "But watchwoord, I am real, you had me on ignore."

[Hunyadi]

I've been out of the loop for a little bit.  What caused the sudden $200+ rise over the past couple of weeks?

Me.

So, JC is a bull! That's good to know

[Bitcoin_is_here_to_stay]

I think there was bad news from China behind the recent crash

Bad news from China, this morning the Sina Weibo said that China gov will issue the file named NO.140 announcement 2014 from China Payment Institute that they will completely cut the bitcoin fund chain including the current only deposit method--deposit code.They also said that the bank card accounts of all deposit deputy merchants of every exchange platform have been supervised and recorded,and will be frozen.Effected by this news,the bitcoin price drops from 4180CNY to 3800CNY,and then come back a little.
 
Chinese media report：http://www.btcside.com/new/detail/1030

And yet China rallies. 

Yep, everyone was waiting for the next round of China FUD to rear it's head again! Yay China FUD!

Yeah, it did get up from the local bottom, but now ~ $650 on Stamp, which was neckline of the triple top formation, would likely be a strong resistance. Strong because it also coincides with sMA 200.