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

[ChartBuddy]

Explanation

[gentlemand]

why is since today bitfinex 10 $ higher than stamp ?

looks like stamp is dead. Or bitfinex is the new gox  

In all honesty with their probing KYC/AML it wouldn't surprise me to see new money heading to Finex, VoS etc.

Yup. They can kiss my ring piece. It's Kraken for me from now on. You only have to be verified, like, once.

[madmat]

why is since today bitfinex 10 $ higher than stamp ?

looks like stamp is dead. Or bitfinex is the new gox  

In all honesty with their probing KYC/AML it wouldn't surprise me to see new money heading to Finex, VoS etc.

Yup. They can kiss my ring piece. It's Kraken for me from now on. You only have to be verified, like, once.

Does kraken have a sufficient volume in USD ? I use it for euros, and it is ok, but as its business is mainly in euro, i was wondering if it is ok with usd.

[gentlemand]

I don't think so. They have banking aggravation when it comes to dollars. I think they actually asked their customers to move into Euros.

[eat_more_fruit]

Then you will realize the truth: That it is not the theorem which requires proof; it is only yourself.

Nonsense. Without proof, you cannot tell a theorem from a well formed formula.  

Oh COME ON. Did you not watch The Matrix?

guess i didn't.

there were just too many errors on that whole discussion of phil. of math.  which fortunately is now well buried in the thread, like a transaction in the blockchain. 

[hyphymikey]

http://finance.yahoo.com/q?s=BTCUSD=X

[matt4054]

Going steady at 650, how long will this last before the next wave?

Still a good time to buy IMHO

[oda.krell]

I doubt we're going to be able to trade sideways much longer:





Unless it's September/October 2013 again. In that case, we have another 3 weeks of non-action ahead of us :D

[Richy_T]

[BitChick]

Bitcoin is disappointing us negatively this week.
The poll still seems rather bullish!

That's the problem, everybody is already loaded and have no spare FIAT to buy more.

Actually I do have some spare, but I have spread them out from 450 - 550.

Always helps to keep a bit of fiat for the sharp drops.

As time passes, a large majority of people continue to acquire additional fiat, and then the question becomes how that person wishes to store the value of that fiat b/c the opportunity to buy BTC between $450 and $550 has passed and currently is NOT available. 

Accordingly, do we consider $650 to be a good value to store fiat in BTC, or do we believe storing fiat in some other investment vehicle or leaving it in fiat would be preferable? 

Each of us needs to decide for ourselves what is the best storage of that newly acquired fiat. 

Personally in the past several months, I have been putting my newly acquired fiat into BTC b/c currently, I consider BTC prices to be a good value as compared with other ways that I could store/invest that newly acquired fiat.  Keeping it in fiat does NOT seem to be a very prudent approach in my current thinking.

I am happy as long as I have more BTCs than to begin with. The remaining fiat is a bonus, if it drops I get more BTC, if it does not I have some fiat to burn.

I think many of the longer-term holders may be fully invested in BTC with little fiat to throw in at this point.  However, most newbies begin with Bitcoin by just "getting their feet wet" so to speak.  They throw a little in thinking it is too risky to put more in.  When they see the price double in a short period of time they realize they should have thrown in much more and then suddenly they throw caution to the wind and buy as much as they possibly can which fuels the fire and that is how we get our runs to new ATH.

So my advice to any "newbie" reading this is learn from this.  Waiting to buy with Bitcoin is generally a bad idea, especially as the price is showing movement upwards.  Just my two cents here.

[Ivanhoe]

http://finance.yahoo.com/q?s=BTCUSD=X

Nice find!

[spooderman]

Just thought I'd pop by and say.....we are going to da f3cking m00n!!!!

[gentlemand]

http://finance.yahoo.com/q?s=BTCUSD=X

Who'd've thunk it just a couple of years ago? I thought They wanted to go for XBT as the nomenclature though.

[ChartBuddy]

Explanation

[podyx]

GHash have been rising from 40% to 44% today

https://blockchain.info/pools?timespan=24hrs

[gizmoh]

GHash have been rising from 40% to 44% today

https://blockchain.info/pools?timespan=24hrs

Come on Ghash you can do it! 51% and its all yours 

[hd060053]

something is not right today.

bitstamp 15 lower than finex (that was never before)
lots of double spends today.
ghash 45% already, still rising.

[bitcoinsrus]

something is not right today.

bitstamp 15 lower than finex (that was never before)
lots of double spends today.
ghash 45% already, still rising.

I think the finex increase is due to people switching over. Someone in my post (last comment) made sense https://bitcointalk.org/index.php?topic=647117.msg7233939#msg7233939 @ the double spend.

ghash (thought was decreasing since yesterday) but i do not think ghash is a threat (they would be killing their own investment) and a few articles on reddit by andreas said it should not be much to worry about.

Hopefully everything goes back to normal.

[FattyMcButterpants]

what is with bearstamp? never seen such a big spread between stamp and bfx except in the middle of a massive pump.

[Parazyd]

Bitfinex is going gox

Hopefully everything goes back to normal.