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

[mb300sd]

I am fine with another plateau phase, followed by a big-ass bubble 

That's indeed the best way to accumulate more bitcoins.

It may continue like this for more than a year (which is perfectly fine).

Bubbling times are over, steady grow from here only with minor outbreaks

minor outbreaks can be very subjective.

a common outbreak of the flu over a state/country vs an outbreak of syphilis within your group of close friends.

[Searing]

facebook twins show progress on nasdaq

bidder of btc silk road auction comes forward (big into btc investment)

newegg says it will take btc

kuwait oil (dept of some kind) says use btc to pay for oil

BITCOIN DOES ZIP STAYS AT AROUND $645 usd

One small 12 year old girl with a blog in china says that chinese gov't is gonna ban the sale/mnfg of bitcoin miners

and BTC drops to 400 usd


humans are soooo silly

Searing

[vleroybrown]

facebook twins show progress on nasdaq

bidder of btc silk road auction comes forward (big into btc investment)

newegg says it will take btc

kuwait oil (dept of some kind) says use btc to pay for oil

BITCOIN DOES ZIP STAYS AT AROUND $645 usd

One small 12 year old girl with a blog in china says that chinese gov't is gonna ban the sale/mnfg of bitcoin miners

and BTC drops to 400 usd


humans are soooo silly

Searing

I have a 9 yo girl.  Can I buy bit coin at $20 if I teach her how to perform child labor in an asic factory and blog about it in her spare time?  Please say yes please

[ChartBuddy]

Explanation

[Parazyd]

facebook twins show progress on nasdaq

bidder of btc silk road auction comes forward (big into btc investment)

newegg says it will take btc

kuwait oil (dept of some kind) says use btc to pay for oil

BITCOIN DOES ZIP STAYS AT AROUND $645 usd

One small 12 year old girl with a blog in china says that chinese gov't is gonna ban the sale/mnfg of bitcoin miners

and BTC drops to 400 usd


humans are soooo silly

Searing

I have a 9 yo girl.  Can I buy bit coin at $20 if I teach her how to perform child labor in an asic factory and blog about it in her spare time?  Please say yes please

$20 can buy a lot of rice

[vleroybrown]

facebook twins show progress on nasdaq

bidder of btc silk road auction comes forward (big into btc investment)

newegg says it will take btc

kuwait oil (dept of some kind) says use btc to pay for oil

BITCOIN DOES ZIP STAYS AT AROUND $645 usd

One small 12 year old girl with a blog in china says that chinese gov't is gonna ban the sale/mnfg of bitcoin miners

and BTC drops to 400 usd


humans are soooo silly

Searing

I have a 9 yo girl.  Can I buy bit coin at $20 if I teach her how to perform child labor in an asic factory and blog about it in her spare time?  Please say yes please

$20 can buy a lot of rice

Jasmine or Basmati.. I don't need any of that short grain par cooked crap they ship to ayce buffets out of Arkansas.   http://www.arkansasricefarmers.org/arkansas-rice-facts/

[Adrian-x]

I am fine with another plateau phase, followed by a big-ass bubble 

That's indeed the best way to accumulate more bitcoins.

It may continue like this for more than a year (which is perfectly fine).

Bubbling times are over, steady grow from here only with minor outbreaks

I don't think bubbly times are over,

I'm no fortune teller, but after making the screw-up of a lifetime selling out before the April bubble I did a lot of learning and I now keep an eye on a few fundamentals.

I felt forewarned prior to the December bubble, I was confident we were going up, I don't think we are going up just yet at the moment. But then again I have a 1 out of 3 record, and some more lessons to learn.

[Erdogan]

cost / value ratio Plummets yet again!

I'm just going to repeat myself, this is not sustainable, >800$ next week GUARANTEED

It's getting ridiculous how much good news and how un-stoppable bitcoin is becoming. Next serious surge could send us to hundreds of billions marketcap.

So what is keeping the train at the station this long?  Or are those of us that have been through a "bubble" or two just getting a bit impatient this time around?  I guess we were stuck at about $120 and $140 for a while last Summer.

I am astonished too. I guess the delay in the system, from interest to actual demand, is far greater than I previously thought. Half year to a year.

[KFR]

...
But then again I have a 1 out of 3 record, and some more lessons to learn.

Such wise.  So approve.  

[Searing]

facebook twins show progress on nasdaq

bidder of btc silk road auction comes forward (big into btc investment)

newegg says it will take btc

kuwait oil (dept of some kind) says use btc to pay for oil

BITCOIN DOES ZIP STAYS AT AROUND $645 usd

One small 12 year old girl with a blog in china says that chinese gov't is gonna ban the sale/mnfg of bitcoin miners

and BTC drops to 400 usd


humans are soooo silly

Searing

I have a 9 yo girl.  Can I buy bit coin at $20 if I teach her how to perform child labor in an asic factory and blog about it in her spare time?  Please say yes please

you have soooooo drunk the bitcoin kool aid....step back away from the asic ledge...don't jump...damn he is lost to us...will tell the wife you are now in the 'btc cult' shudder

Searing

[windjc]

cost / value ratio Plummets yet again!

I'm just going to repeat myself, this is not sustainable, >800$ next week GUARANTEED

It's getting ridiculous how much good news and how un-stoppable bitcoin is becoming. Next serious surge could send us to hundreds of billions marketcap.

So what is keeping the train at the station this long?  Or are those of us that have been through a "bubble" or two just getting a bit impatient this time around?  I guess we were stuck at about $120 and $140 for a while last Summer.

I am astonished too. I guess the delay in the system, from interest to actual demand, is far greater than I previously thought. Half year to a year.

We have an exchange problem. It is simply not easy for the masses to get money to exchanges or to buy bitcoin. Likewise, it does not fell legally safe for large institutional buyers to buy from exchanges.

When these things change we will see another bubble. Could be this year.

[bitdig]

Good news on bitcoin seems not do much to raise bitcoin
We need bad news on fiat to move bitcoin up

facebook twins show progress on nasdaq

bidder of btc silk road auction comes forward (big into btc investment)

newegg says it will take btc

kuwait oil (dept of some kind) says use btc to pay for oil

BITCOIN DOES ZIP STAYS AT AROUND $645 usd

One small 12 year old girl with a blog in china says that chinese gov't is gonna ban the sale/mnfg of bitcoin miners

and BTC drops to 400 usd


humans are soooo silly

Searing

[zimmah]

facebook twins show progress on nasdaq

bidder of btc silk road auction comes forward (big into btc investment)

newegg says it will take btc

kuwait oil (dept of some kind) says use btc to pay for oil

BITCOIN DOES ZIP STAYS AT AROUND $645 usd

One small 12 year old girl with a blog in china says that chinese gov't is gonna ban the sale/mnfg of bitcoin miners

and BTC drops to 400 usd


humans are soooo silly

Searing

I have a 9 yo girl.  Can I buy bit coin at $20 if I teach her how to perform child labor in an asic factory and blog about it in her spare time?  Please say yes please

I know right?

There has been nearly in significant bad news for months, many good news, and the price won't go up.

What's wrong with people? Obvious rally is waiting. All this upwards potential has to release sometime, a correction to the upside is bound to happen and I think it could be pretty big this time.

Also, did you hear mark Karpeles actually farts sometimes? The next time he farts bitcoin will drop by $40 for sure.

[vleroybrown]

Good news on bitcoin seems not do much to raise bitcoin
We need bad news on fiat to move bitcoin up

You mean like http://topics.bloomberg.com/capital-controls/
Or
http://bankimplode.com

[FNG]

Good news on bitcoin seems not do much to raise bitcoin
We need bad news on fiat to move bitcoin up

There's horrible news for the $USD everyday.

Foreign support being withdrawn rapidly

[vleroybrown]

Good news on bitcoin seems not do much to raise bitcoin
We need bad news on fiat to move bitcoin up

There's horrible news for the $USD everyday.

Foreign support being withdrawn rapidly

Beat ya with sources. http://bankimplode.com

Or read FATCA from a eye opener on Expats losing dollars earned overseas

[zimmah]

cost / value ratio Plummets yet again!

I'm just going to repeat myself, this is not sustainable, >800$ next week GUARANTEED

It's getting ridiculous how much good news and how un-stoppable bitcoin is becoming. Next serious surge could send us to hundreds of billions marketcap.

So what is keeping the train at the station this long?  Or are those of us that have been through a "bubble" or two just getting a bit impatient this time around?  I guess we were stuck at about $120 and $140 for a while last Summer.

I am astonished too. I guess the delay in the system, from interest to actual demand, is far greater than I previously thought. Half year to a year.

We have an exchange problem. It is simply not easy for the masses to get money to exchanges or to buy bitcoin. Likewise, it does not fell legally safe for large institutional buyers to buy from exchanges.

When these things change we will see another bubble. Could be this year.

Depends on where you live, in the Netherlands and Belgium it's very easy to buy bitcoins, (www.bitonic.nl allows you to use iDeal and mistercash only, both of which are instant payment methods between your bank and bitonic.

It can't get much simpler than that, and soon the whole SEPA region will get similar payment methods like iDeal so bitonic might become even bigger in Europe.

[Tzupy]

facebook twins show progress on nasdaq

bidder of btc silk road auction comes forward (big into btc investment)

newegg says it will take btc

kuwait oil (dept of some kind) says use btc to pay for oil

BITCOIN DOES ZIP STAYS AT AROUND $645 usd

One small 12 year old girl with a blog in china says that chinese gov't is gonna ban the sale/mnfg of bitcoin miners

and BTC drops to 400 usd


humans are soooo silly

Searing

This kind of market behaviour suggest we haven't left the bear market yet.
And of course we didn't have a proper capitulation, so for now the market is in limbo.

[madmat]

Depends on where you live, in the Netherlands and Belgium it's very easy to buy bitcoins, (www.bitonic.nl allows you to use iDeal and mistercash only, both of which are instant payment methods between your bank and bitonic.

It can't get much simpler than that, and soon the whole SEPA region will get similar payment methods like iDeal so bitonic might become even bigger in Europe.

I would love it. Today, from my french bank to kraken, it is at least 24h, and usually 48h.

[windjc]

facebook twins show progress on nasdaq

bidder of btc silk road auction comes forward (big into btc investment)

newegg says it will take btc

kuwait oil (dept of some kind) says use btc to pay for oil

BITCOIN DOES ZIP STAYS AT AROUND $645 usd

One small 12 year old girl with a blog in china says that chinese gov't is gonna ban the sale/mnfg of bitcoin miners

and BTC drops to 400 usd


humans are soooo silly

Searing

This kind of market behaviour suggest we haven't left the bear market yet.
And of course we didn't have a proper capitulation, so for now the market is in limbo.

At what point are you not a bear? $2k, $3k, $5k

Or are you always a bear?

Because you are throwing money away not playing both side unbiasedly.

Being a contrarian is just a self identity thing with you, right?