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

[JayJuanGee]

Argentina may have various confrontational issues with the west  (the USA and the IMF); however, I doubt that the solution would be for it to just give in without considering its own identity and role in the world and input from its populous regarding its identity.

Its populous are being robbed. Hence the debt the country is not able to pay.

I don't know enough facts in order to understand robbery to be the circumstances in the Argentina situation.  I do know that a lot of governments engage in various tactics to support the robbing of the people.  That does NOT make government a bad thing in my view b/c it is all relative.  Take some of the latest gifts to the banks in the US of A, those are forms of robbery... but NOT all government conduct is robbery...   Accordingly, the level of robbery and who and how the robbery is occurring depends on the circumstances.  Maybe it is worse in Argentina?  I don't know that.  I do NOT assume that a government that has different values from the USA government is contrary to the will of its people, merely from the fact that some western propaganda channels may characterize the situation as such.

[JayJuanGee]

My coins are going to be my retirement. So, im more worried about the price 15-20 years down the road. The one thing bitcoin has done and always do is go down and up, rinse repeat.. I have total confidence that we will be well above the 5k mark in 10 years, probably sooner..

I would temper your optimism by suggesting bitcoin may not be around in 15 years let alone 5. That said if it is around in 15 years you are most definitely retired.

Even if BTC is NOT going to be around in 5 years or 15 years, that fact or potentiality does NOT mean that BTC is NOT amongst the better of current investments for retirement funds - though it may mean that the investor needs to maintain a certain high level of vigilance and diversification of assets and be ready to transfer out and to skim off portions of his/her BTC portfolio during BTC price appreciation periods...

[JayJuanGee]

My coins are going to be my retirement. So, im more worried about the price 15-20 years down the road. The one thing bitcoin has done and always do is go down and up, rinse repeat.. I have total confidence that we will be well above the 5k mark in 10 years, probably sooner..

With those kinds of projections, you must have at least a couple hundred coins - or a plan to acquire at least a couple hundred coins.

You think if BTC goes mainstream... and is still here in 15-20 years, that this chap will need hundreds to retire at that point?   really?  you cannot think they are going to go very high then.  

I was just using his price projection of BTC.  He suggested that in 10 years, BTC will be well above the $5k mark, but he did NOT specify how much.

In that regard, he may need 200 coins at $5k to be valued at $1million.  That would NOT necessarily be a lucrative retirement, but could be manageable.

In essence, I am NOT really sure about what Bigasic was suggesting, so I was trying to get him to elaborate somewhat.

[Wary]

1W MACD is red. Everyone here should know what happens next.

BUY BUY BUY!!!

Does.. does it go purple? Do Satan's spawn come out of the ground and eat everyone who owns a satoshi? I dont understand!

The 1W MACD crossed back and forth right before the last couple of bubbles. Final capitulation.

Which chart are you looking at? At mine (bitcoinwisdom, bitstamp), out of 4 last bubbles it happened only once, before April's one.

goes red late sept  early oct in 2013

It's 3D one. It indeed has 3-4 red bars before rally, in both 2013 rallies. Although they look different from what we have now: now they are growing.

[adamstgBit]

There seems to be a pretty strong upwards trend at the moment. But the depth up to about $600 is pretty deep. We need a pretty strong train to get through that!

the support we've been seeing is damn good, it'll hold, bids will pile up, and the tsunami effect will take place. ( fingers crossed )

[ChartBuddy]

Explanation

[ShroomsKit]

okay so i heard a lot of nonsens with that bitlicense things, people seems a bit depressed here with bitcoin slowly slidding down..
but hey i got a great news that hope will cheer you up a bit:

What a strange world we live in where bums and tits and vaginas are frowned upon.... but day by day the situation in Gaza and Damascus and a billion and one other problems/things are ignored, and allowed to continue... (with actual TOTAL indifference from the majority of people)  I am sure that the pic is NSFW and I get that and I am not having a dig at anyone in anyway... but no matter how you dice it societys attitudes towards the naked body is quite absurd... still "taboo" and some how unaccpetable.

To think that a naked body, can and is considered "filth" by many...  when it is actually the most natural thing in the world and the way we all come into this world..

I get there are many reasons why and how we got there... still does not make it any less strange in the grand scheme of things..

Time and place etc etc peoples rights and work environments etc but still a naked body is still in general life, a thing that is given much power.....
 
Silly monkeys.

Monkey killing monkey killing monkey
Over pieces of the ground.
Silly monkeys give them thumbs,
They forge a blade,
And where there's one
they're bound to divide it,
Right in two.
Right in two.

Monkey killing monkey killing monkey.
Over pieces of the ground.
Silly monkeys give them thumbs.
They make a club.
And beat their brother, down.
How they survive so misguided is a mystery.

[ShroomsKit]

The Stamp chart is forming a perfect last supper. Is that bullish?

[ImI]

The Stamp chart is forming a perfect last supper. Is that bullish?

Only if its salted and peppered enough.

[cbeast]

Preparing for liftoff.

[mooncake]

And then there is this succinct explanation, from Jean Marie Mognetti, a partner at Global Advisor, which is launching a hedge fund regulated by Jersey authorities that will open for subscriptions on 1st August.

For market watchers who want to test Magnotti’s theory, he’s planning to start trading at the start of September, so mark your calendars.

Open for subscription = Collecting money and buy btc?
Start trading = Buying and selling btc based on client's instruction?

Edit: Coindesk article link: http://www.coindesk.com/market-monthly-stable-bitcoin/

[Newbie1022]

And then there is this succinct explanation, from Jean Marie Mognetti, a partner at Global Advisor, which is launching a hedge fund regulated by Jersey authorities that will open for subscriptions on 1st August.

For market watchers who want to test Magnotti’s theory, he’s planning to start trading at the start of September, so mark your calendars.

Open for subscription = Collecting money and buy btc?
Start trading = Buying and selling btc based on client's instruction?

We know nothing!!

[adamstgBit]

And then there is this succinct explanation, from Jean Marie Mognetti, a partner at Global Advisor, which is launching a hedge fund regulated by Jersey authorities that will open for subscriptions on 1st August.

For market watchers who want to test Magnotti’s theory, he’s planning to start trading at the start of September, so mark your calendars.

Open for subscription = Collecting money and buy btc?
Start trading = Buying and selling btc based on client's instruction?

We know nothing!!

*buys more*

can you link the full text plz?

[empowering]

There seems to be a pretty strong upwards trend at the moment. But the depth up to about $600 is pretty deep. We need a pretty strong train to get through that!

the support we've been seeing is damn good, it'll hold, bids will pile up, and the tsunami effect will take place. ( fingers crossed )

pmsl

[empowering]

okay so i heard a lot of nonsens with that bitlicense things, people seems a bit depressed here with bitcoin slowly slidding down..
but hey i got a great news that hope will cheer you up a bit:

What a strange world we live in where bums and tits and vaginas are frowned upon.... but day by day the situation in Gaza and Damascus and a billion and one other problems/things are ignored, and allowed to continue... (with actual TOTAL indifference from the majority of people)  I am sure that the pic is NSFW and I get that and I am not having a dig at anyone in anyway... but no matter how you dice it societys attitudes towards the naked body is quite absurd... still "taboo" and some how unaccpetable.

To think that a naked body, can and is considered "filth" by many...  when it is actually the most natural thing in the world and the way we all come into this world..

I get there are many reasons why and how we got there... still does not make it any less strange in the grand scheme of things..

Time and place etc etc peoples rights and work environments etc but still a naked body is still in general life, a thing that is given much power.....
 
Silly monkeys.

Monkey killing monkey killing monkey
Over pieces of the ground.
Silly monkeys give them thumbs,
They forge a blade,
And where there's one
they're bound to divide it,
Right in two.
Right in two.

Monkey killing monkey killing monkey.
Over pieces of the ground.
Silly monkeys give them thumbs.
They make a club.
And beat their brother, down.
How they survive so misguided is a mystery.

Saw them live many many moons ago....great band.

[derpinheimer]

Ask sum is less than 100 coins from 20k :O (2+1/2 month high)

[empowering]

1W MACD is nice n green again.

[mooncake]

And then there is this succinct explanation, from Jean Marie Mognetti, a partner at Global Advisor, which is launching a hedge fund regulated by Jersey authorities that will open for subscriptions on 1st August.

For market watchers who want to test Magnotti’s theory, he’s planning to start trading at the start of September, so mark your calendars.

Open for subscription = Collecting money and buy btc?
Start trading = Buying and selling btc based on client's instruction?

We know nothing!!

*buys more*

can you link the full text plz?

http://www.coindesk.com/market-monthly-stable-bitcoin/
Link posted.  

If Open for subscription = Collecting money and buy btc, we can expect substantial buying pressure in August.

[ShroomsKit]

okay so i heard a lot of nonsens with that bitlicense things, people seems a bit depressed here with bitcoin slowly slidding down..
but hey i got a great news that hope will cheer you up a bit:

What a strange world we live in where bums and tits and vaginas are frowned upon.... but day by day the situation in Gaza and Damascus and a billion and one other problems/things are ignored, and allowed to continue... (with actual TOTAL indifference from the majority of people)  I am sure that the pic is NSFW and I get that and I am not having a dig at anyone in anyway... but no matter how you dice it societys attitudes towards the naked body is quite absurd... still "taboo" and some how unaccpetable.

To think that a naked body, can and is considered "filth" by many...  when it is actually the most natural thing in the world and the way we all come into this world..

I get there are many reasons why and how we got there... still does not make it any less strange in the grand scheme of things..

Time and place etc etc peoples rights and work environments etc but still a naked body is still in general life, a thing that is given much power.....
 
Silly monkeys.

Monkey killing monkey killing monkey
Over pieces of the ground.
Silly monkeys give them thumbs,
They forge a blade,
And where there's one
they're bound to divide it,
Right in two.
Right in two.

Monkey killing monkey killing monkey.
Over pieces of the ground.
Silly monkeys give them thumbs.
They make a club.
And beat their brother, down.
How they survive so misguided is a mystery.

Saw them live many many moons ago....great band.

Yeah. Saw them twice.

[Torque]

My coins are going to be my retirement. So, im more worried about the price 15-20 years down the road. The one thing bitcoin has done and always do is go down and up, rinse repeat.. I have total confidence that we will be well above the 5k mark in 10 years, probably sooner..

With those kinds of projections, you must have at least a couple hundred coins - or a plan to acquire at least a couple hundred coins.

You think if BTC goes mainstream... and is still here in 15-20 years, that this chap will need hundreds to retire at that point?   really?  you cannot think they are going to go very high then.  

Honestly if bitcoin is not ~$5K by mid 2015 or by the end of 2015 at the latest, then it's exponential growth rate would have slowed substantially.  All current trend line charts would be completely broken.  Everyone investing in bitcoin would have to completely rethink their investment targets.