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

[Krabby]

there will be 1800 'dudes' and about half a dozen 'ladies'  if that!

no thx.

god god, imagine it.... like the forum but worse.

trollfest 2015

I want fonzie, george and prouhdon to come

[oda.krell]

Haha, amusing discussion. Here's how I see it:

Fact 1: The price of the party was _defined_ as 1 BTC.

Fact 2: The party will take place iff 1 BTC is valued $1000 or more.


You have two options now: You can "refuse to think in fiat", which seems to be what wachtwoord aims to do. Then the only way for him value the price of the party is thinking of it as costing 1 out of 21M of the total BTC supply ever. Quite pricey, agreed.

More reasonable though (this is the speculation forum, after all, and we like to contemplate the BTC/USD pair), is appraising the value of the ticket in fiat terms. I'm going to assume for simplicity that 1 BTC will eventually reach 1k USD, so that the question whether the party ever takes place, is not an issue.

There's a delay between purchase of the ticket and the actual party, which includes the payment of the external services at the party, in USD. Which means you can reasonably expect that your share of the USD value of the party _at the time of the party_ will be equal to the USD valuation per coin, because the organizers are planning to spend [total amount of btc] x [btc/usd at time of party execution].

If you buy a ticket now, at sub-$1000 prices per coin, you are NOT buying "at a rebate", because you need to think of the value of the party in terms of opportunity costs: if you wouldn't have bought the ticket, at any point, but kept your 1 btc instead, you could cash out at the time of the party for more than $1000, so the effective cost of the party for you is $1000 (or more, depends on the price) regardless of when you bought the ticket.

Still worth it

[JimboToronto]

there will be 1800 'dudes' and about half a dozen 'ladies'  if that!

no thx.

god god, imagine it.... like the forum but worse.

trollfest 2015

I want fonzie, george and prouhdon to come

I wouldn't put Proudhon in the same category as trolls like Fonzie, Mat, Igorr, Faiiiling or Jorge.

He's more of a comedian than a real troll.

[bigdave]

there will be 1800 'dudes' and about half a dozen 'ladies'  if that!

no thx.

god god, imagine it.... like the forum but worse.

trollfest 2015

You mean Sausagefest 2015...

[keithers]

pretty strong support on Stamp right now above $630...I like it

[wobber]

pretty strong support on Stamp right now above $630...I like it

And even stronger resistance at above 670.

[Tzupy]

Looks like Huobi is going to be the first to dump...

[ejinte]

there will be 1800 'dudes' and about half a dozen 'ladies'  if that!

no thx.

god god, imagine it.... like the forum but worse.

trollfest 2015

You mean Sausagefest 2015...

Actually that problem has already been lifted and they had some solution for it. Can't remember right now but I'll look in the thread,

[beetcoin]

so do you guys think this recent bump was from the newegg guys who have insider info, or does it have to do with the marshal auction? i personally think it has more to do with newegg.

[JorgeStolfi]

Looks like Huobi is going to be the first to dump...

Hard to tell, but it is strange to see Huobi drifting 20 yuan below OKCoin.  A couple of days ago they were tracking each other. over the smallest bumps and wiggles, barely 2-3 yuan apart.

[Krabby]

Looks like Huobi is going to be the first to dump...

Hard to tell, but it is strange to see Huobi drifting 20 yuan below OKCoin.  A couple of days ago they were tracking each other. over the smallest bumps and wiggles, barely 2-3 yuan apart.

You forgot to mention below BFX and Stamp too.

[wachtwoord]

there will be 1800 'dudes' and about half a dozen 'ladies'  if that!

no thx.

god god, imagine it.... like the forum but worse.

trollfest 2015

You mean Sausagefest 2015...

Actually that problem has already been lifted and they had some solution for it. Can't remember right now but I'll look in the thread,

I'm starting to understand the high entrance fee

[Richy_T]

so do you guys think this recent bump was from the newegg guys who have insider info, or does it have to do with the marshal auction? i personally think it has more to do with newegg.

I agree. Newegg > Overstock and Tiger Direct put together.

We're primed to go up. If a government somewhere is about to screw up badly, (and there's probably one), it'll get crazy.

[wobber]

so do you guys think this recent bump was from the newegg guys who have insider info, or does it have to do with the marshal auction? i personally think it has more to do with newegg.

I agree. Newegg > Overstock and Tiger Direct put together.

We're primed to go up. If a government somewhere is about to screw up badly, (and there's probably one), it'll get crazy.

Crazy as in?

[Krabby]

so do you guys think this recent bump was from the newegg guys who have insider info, or does it have to do with the marshal auction? i personally think it has more to do with newegg.

I agree. Newegg > Overstock and Tiger Direct put together.

We're primed to go up. If a government somewhere is about to screw up badly, (and there's probably one), it'll get crazy.

Well the US is not looking too stable

[wachtwoord]

so do you guys think this recent bump was from the newegg guys who have insider info, or does it have to do with the marshal auction? i personally think it has more to do with newegg.

I agree. Newegg > Overstock and Tiger Direct put together.

We're primed to go up. If a government somewhere is about to screw up badly, (and there's probably one), it'll get crazy.

Crazy as in?

Crazy as in the commencement of the next growth spurt.

[ChartBuddy]

Explanation

[EuroTrash]

there will be 1800 'dudes' and about half a dozen 'ladies'  if that!

no thx.

god god, imagine it.... like the forum but worse.

trollfest 2015

You mean Sausagefest 2015...

Actually that problem has already been lifted and they had some solution for it. Can't remember right now but I'll look in the thread,

I'm starting to understand the high entrance fee

from what i recall it was 'we'll let random frankfurt(er) women in for free if we cant find any elsewhere'

... After letting out , on local newspapers, the rumours that there will be a gig from someone internationally famous and the majority of the male crowd are millionaires.

[wachtwoord]

there will be 1800 'dudes' and about half a dozen 'ladies'  if that!

no thx.

god god, imagine it.... like the forum but worse.

trollfest 2015

You mean Sausagefest 2015...

Actually that problem has already been lifted and they had some solution for it. Can't remember right now but I'll look in the thread,

I'm starting to understand the high entrance fee

from what i recall it was 'we'll let random frankfurt(er) women in for free if we cant find any elsewhere'

Okay, I was thinking something else.

[wobber]

so do you guys think this recent bump was from the newegg guys who have insider info, or does it have to do with the marshal auction? i personally think it has more to do with newegg.

I agree. Newegg > Overstock and Tiger Direct put together.

We're primed to go up. If a government somewhere is about to screw up badly, (and there's probably one), it'll get crazy.

Crazy as in?

$10k+

In 20 years, maybe.