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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381859 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
shmadz
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June 14, 2014, 04:30:25 PM



agreed.



not gonna panic just yet...
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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samsonn25
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June 14, 2014, 04:31:34 PM

Remember it was $440 last month, so still up alot.
minerpumpkin
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June 14, 2014, 04:32:12 PM

Crap, this is happening too undecidedly. Guess it isn't over yet...
adsdas
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June 14, 2014, 04:32:42 PM

https://blockchain.info/charts/bitcoin-days-destroyed?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
TsuyokuNaritai
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June 14, 2014, 04:33:37 PM

Btc-e says fuck it. Moves back up!
Even bearstamp is climbing. Touching 554 now.
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June 14, 2014, 04:34:02 PM


Meaning?
Gingermod
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June 14, 2014, 04:34:55 PM

This is the flash crash we neeeded
minerpumpkin
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June 14, 2014, 04:35:28 PM


A lot of BTC moving (to exchanges(?))
SFHere
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June 14, 2014, 04:35:59 PM

So should I continue to even bother writing this donation-ware program for bitcoin? Or will bitcoin be dead by the end of the week?

Also a recap of why the drop happened would be nice.

My understanding is:
- China fud (even though they didn't lead this drop whatsoever and from what I can tell they still are not)
- ghash.io was close to 51% but is now 43%
-sr coins for sale by fbi. But isn't it a good thing criminals got cleaned out?

Am I missing something important? Or is this the weak hands shake down.
Tzupy
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June 14, 2014, 04:36:22 PM


Meaning that some old coins have been dumped (or at least moved to exchanges). Not so many yet. If we'll see 2x -3x that number, then it will be really bearish.
KFR
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Per ardua ad luna


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June 14, 2014, 04:36:56 PM


Mr Kipling baked some exceedingly good verse.   Cool

ShroomsKit
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June 14, 2014, 04:39:38 PM

This is the flash crash we neeeded

Why?
phosphorush
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June 14, 2014, 04:40:42 PM

so much drama lol
minerpumpkin
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June 14, 2014, 04:41:19 PM

So should I continue to even bother writing this donation-ware program for bitcoin? Or will bitcoin be dead by the end of the week?

Also a recap of why the drop happened would be nice.

My understanding is:
- China fud (even though they didn't lead this drop whatsoever and from what I can tell they still are not)
- ghash.io was close to 51% but is now 43%
-sr coins for sale by fbi. But isn't it a good thing criminals got cleaned out?

Am I missing something important? Or is this the weak hands shake down.

'Date Registered:   April 18, 2014, 03:20:06 PM' Are really only active since then?
No offense, really! But take a look at a 1+ year graph. These things have happened before. A lot. A helluva lot.
JayJuanGee
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June 14, 2014, 04:41:45 PM

Bitcoin is such an awesome investment, it's now the same price it was around 8 months ago.  Yay!  

/s

So what price the same as 8 months ago?


Such short term thinking, no?

You gotta have a little patience, NO?   be willing to ride this baby in the ups and the downs, NO?

Does NOT make bitcoin a bad investment merely b/c the next uptrend has been delayed by a few months or even by a year or so....

Maybe whether BTC is a good or bad investment depends upon your timeline and how anxious you are to receive a turnaround in your investment?
tarmi
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June 14, 2014, 04:44:12 PM



 Grin
akujin
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June 14, 2014, 04:44:22 PM

Round 2!  Grin
shmadz
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June 14, 2014, 04:45:02 PM

So should I continue to even bother writing this donation-ware program for bitcoin? Or will bitcoin be dead by the end of the week?

Also a recap of why the drop happened would be nice.

My understanding is:
- China fud (even though they didn't lead this drop whatsoever and from what I can tell they still are not)
- ghash.io was close to 51% but is now 43%
-sr coins for sale by fbi. But isn't it a good thing criminals got cleaned out?

Am I missing something important? Or is this the weak hands shake down.

sorry bud, bitcoin doesn't need a reason
gizmoh
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June 14, 2014, 04:45:22 PM

Breaking News: More crash to come. Stay tuned for more  Cheesy
magicmexican
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June 14, 2014, 04:49:20 PM

Not really a shocker.

Now my guess is either we will bounce off this level or test 500~, i dont think its going down below that
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