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

[TERA]

The speculation forum contains an almost homogenous mixture of trolls and angry over-leveraged losing traders and it is often difficult to tell one from the other, which makes it very difficult to have a serious conversation.

[deadley]

The speculation forum contains an almost homogenous mixture of trolls and angry over-leveraged losing traders and it is often difficult to tell one from the other, which makes it very difficult to have a serious conversation.

Its normal, Speculation thread normally like this, you cant discuss really very serious issue on speculation. People mostly show their emotion which side they want. that is the reason it became troll they dont want to see market will move different side of their position.

[ChartBuddy]

Explanation

[Asrael999]

This thread is becoming unbearable

if people like shroomskit stopped bashing on every analyze or a prediction or a question and simply not take everything personally this thread would be cleaner, but well this is what happens when the price is not moving.

as I said before, Bitcoin needs bubbles for its survival, if that doesn't happen soon, the community will simply kill it.

The community wont kill bitcoin - what will happen is that the current members of this community are replaced by new members , and both the community and bitcoin will continue.
Bitcoin will in effect destroy its existing community members before recreating the community with new members.

[Asrael999]

Ok that article in NY Post yesterday made me go search through my Bloomberg terminal this morning

Winklevoss Bitcoin Trust is now in Bloomberg showing as Pending Listing
BBGID is BBG005D76341

you can also find it from
0881422D US Equity <go>

Not sure if you can find it if you don't have Bloomberg professional - or if this means it will actually be listed, but.....

[oda.krell]

Why Bitcoin’s Scoring in Argentina

Now this is the kind of news I like to read.

Not some hyped up merchant thingy that might or might not affect price in 2 years from now. Not some vague promise by the CEO of payebayamazon to, maybe, at some point, if it ever becomes convenient, think about integrating Bitcoin.

This is what I think should drive Bitcoin adoption in the early phase: providing the means to route around a damaged system. Hope it'll be more than just a passing fad for them.

[oda.krell]

Some of us, rather than cursing the dark, are trying to light candles, with varying degrees of success.  It takes a pretty vigorous crap filter to glean anything useful here, but there is such as thing as exogenous input stimulating useful thought.  By voicing opinions, members stimulate each other to think about aspects of the situation which they might otherwise neglect.  If the stimulus is misleading, that is unfortunate, but a vigorous crapfilter should avoid most of that downside.  The worst part is the time-sink aspect.

You may not read this.  I know you don't like my monkey.  The monkey is a metaphorical monkey, used to voice signals derived by means I do not wish to disclose accurately or justify rigorously.  I find the signals useful, and it does not require any sort of faith in the monkey to observe its signals over time.  I know that some members have benefited from awareness of the monkey's moods, as have I, otherwise your complaint would have sufficed for me to silence the monkey here.  As a third-party reader I would accept the monkey as another source of stimulus for thought, no more and no less.  I regard the other members of this forum much as I regard the magic monkey.  They are a source of highly structured signal, which serves to stimulate thought.

Freedom requires possibilities.  Our possibilities are limited  by our awareness, oftentimes.  Exogenous stimuli often serve to draw attention to those possibilities, and thereby compound our freedom.

Often don't agree with what you write. With this, I do.

[empowering]

Often don't agree with what you write. With this, I do.
=

 

[mymenace]

Some of us, rather than cursing the dark, are trying to light candles, with varying degrees of success.  It takes a pretty vigorous crap filter to glean anything useful here, but there is such as thing as exogenous input stimulating useful thought.  By voicing opinions, members stimulate each other to think about aspects of the situation which they might otherwise neglect.  If the stimulus is misleading, that is unfortunate, but a vigorous crapfilter should avoid most of that downside.  The worst part is the time-sink aspect.

You may not read this.  I know you don't like my monkey.  The monkey is a metaphorical monkey, used to voice signals derived by means I do not wish to disclose accurately or justify rigorously.  I find the signals useful, and it does not require any sort of faith in the monkey to observe its signals over time.  I know that some members have benefited from awareness of the monkey's moods, as have I, otherwise your complaint would have sufficed for me to silence the monkey here.  As a third-party reader I would accept the monkey as another source of stimulus for thought, no more and no less.  I regard the other members of this forum much as I regard the magic monkey.  They are a source of highly structured signal, which serves to stimulate thought.

Freedom requires possibilities.  Our possibilities are limited  by our awareness, oftentimes.  Exogenous stimuli often serve to draw attention to those possibilities, and thereby compound our freedom.

Often don't agree with what you write. With this, I do.

i love monkeys all 12 of them

[ALToids]

So we're stuck at 569 until Friday then?

[ChartBuddy]

Explanation

[mymenace]

Explanation

here comes the boom

calm before the storm

hang onto your hats traders


drop in nearly all alts

sharp rise in btc

traders moving from alts to btc in anticipation of a huge rise


care to speculate

[empowering]

[JayJuanGee]

So we're stuck at 569 until Friday then?

supposed to be 567, don't you know about numerology?   

[Parazyd]

This thread is becoming unbearable

if people like shroomskit stopped bashing on every analyze or a prediction or a question and simply not take everything personally this thread would be cleaner, but well this is what happens when the price is not moving.

as I said before, Bitcoin needs bubbles for its survival, if that doesn't happen soon, the community will simply kill it.

What do you mean by: "the community will simply kill it"?

[JorgeStolfi]

Why Bitcoin’s Scoring in Argentina
Now this is the kind of news I like to read. [ ... ]

What I see is a marketing push by SecondMarket and Pantera to convince Argentinians that bitcoin is a hedge against inflation (!) and therefore they should invest in SMBIT and PBP.   Which are not doing well in the US, meh?

It is Neo & Bee for Argentina, only with marketing and muscle upped an order of magnitude.  And not managed by a small-time crook.

[oda.krell]

Why Bitcoin’s Scoring in Argentina
Now this is the kind of news I like to read. [ ... ]

What I see is a marketing push by SecondMarket and Pantera to convince Argentinians that bitcoin is a hedge against inflation (!) and therefore they should invest in SMBIT and PBP.   Which are not doing well in the US, meh?

It is Neo & Bee for Argentina, only with marketing and muscle upped an order of magnitude.  And not managed by a small-time crook.

You conflate the 'investment opportunity to shady types' aspect with the 'additionals options through technology' one. Ignore, if you will, all of that article except for the localbitcoins aspect.

There’s no way for sure to measure the uptake of bitcoins in any country, but the evidence suggests Argentina is outpacing most. The number of traders listed on Local Bitcoins Buenos Aires is often three times that of Manhattan, for example, and the Fundacion Bitcoin Argentina is known to run the largest bitcoin meetup in the world.

You will then still (I suspect) argue that it's only a marketing ploy. I doubt that, though. If Argentinians are as cynical about promises as I got the impression they are*, no Pantera marketing push was the cause for this uptake in usage. It's more likely that the investment opportunity arose from the usage increase.


* source: Argentinian friend. Extremely skeptical of Bitcoin, though

[tarmi]

regular 500 coin dump every 8 hour.

[iram3130]

regular 500 coin dump every 8 hour.

May be some whale selling slowly so market will not down quickly.

[TERA]

Explanation

here comes the boom

calm before the storm

hang onto your hats traders


drop in nearly all alts

sharp rise in btc

traders moving from alts to btc in anticipation of a huge rise


care to speculate

Usually the effect of the alts dropping is reactive rather than proactive.