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

[hdbuck]

monkey happy. some turbulences here and there but nothing to be scared of really.



CCMF!

[dEBRUYNE]

Posted this this morning but got no response, anyone?

Any comment here on the suddenly high volume on BTCChina? During the last uptrend (450$-680$) BTCChina's volume was around 5k daily, while now during the last days down and the bounce, daily volume is around 30-35k. While bitstamps volume remained the same.

Some one here implied that coinbase was now buying from BTCChina instead of Bitstamp, maybe they made this switch to implement Litecoin soon? Don't forget litecoin's founder is working at Coinbase.

[bigasic]

I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?

[grappa_barricata]

Aeron chairs and foosball tables don't come cheap.

all it cost to get bitcoin turning was a pizza.

So funny

[adamstgBit]

Any comment here on the suddenly high volume on BTCChina? During the last uptrend (450$-680$) BTCChina's volume was around 5k daily, while now during the last days down and the bounce, daily volume is around 30-35k. While bitstamps volume remained the same.

Some one here implied that coinbase was now buying from BTCChina instead of Bitstamp, maybe they made this switch to implement Litecoin soon? Don't forget litecoin's founder is working at Coinbase.

seems like a good theory.

[JayJuanGee]

No its not sad, its just typical. Greed caused them to miss the good buying opportunity and now they dwell in delusion that it was not a greed but a "smart move" to wait. Deep inside they are shaking in fear, but mask it with retarded smiley spamming ( etc.) to fake confidence.

The same could be said about the most aggressive of bulls during a price decline and subsequent flash crash, no?

Same denial, same greed, just applied in the opposite direction.

You frequently come out with these equivalency arguments, which are largely overstated.

Bears and bulls are NOT the same (opposites). Even though there may be some truth to your assertions of equivalency, that seems to be much too simplistic of the difference description.

[Sandia]

Adam was confused yesterday.
I am confused today.  I am thinking 40% chance of up, 30% chance of down, 30% chance sideways.  Or maybe the other way around.

I am at zero leverage, with no idea how to trade for the next 24 hours.  Anymore monkeys out there with sage advice?

[dropt]

Adam was confused yesterday.
I am confused today.  I am thinking 40% chance of up, 30% chance of down, 30% chance sideways.  Or maybe the other way around.

I am at zero leverage, with no idea how to trade for the next 24 hours.  Anymore monkeys out there with sage advice?

If in doubt, sit it out.

[Wandererfromthenorth]

I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?

Don't.   Buying the presale is not investing in ethereum, is not buying an IPO.  Is just giving the developers free money.  In the presale terms and conditions it clearly says that they have no obligation to even finish the project since they are in alpha phase.

The project will be finished (if ever) in months. It's gonna suck you BTC away.

[adamstgBit]

I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?

i can sell you some for 10% lower than current rate.

[ChartBuddy]

Explanation

[thewayshegoes]

Bit License comment period extended another 45 days. Anyone think this is having any real impact as far as holding the price back?

[Wandererfromthenorth]

I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?

Don't.   Buying the presale is not investing in ethereum, is not buying an IPO.  Is just giving the developers free money.  In the presale terms and conditions it clearly says that they have no obligation to even finish the project since they are in alpha phase.
You are basically funding them. And for now they definitely don't need more.

The project will be finished (if ever) in months. It's gonna suck you BTC away.

[Wandererfromthenorth]

I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?

i can sell you some for 10% lower than current rate.

[Painful Truth]

Bit License comment period extended another 45 days. Anyone think this is having any real impact as far as holding the price back?

Yes.

Another 45 days. + 45 days of implementation.

So no ETF this year. Maybe sometime late winter the earliest.

[adamstgBit]

I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?

Don't.   Buying the presale is not investing in ethereum, is not buying an IPO.  Is just giving the developers free money.  In the presale terms and conditions it clearly says that they have no obligation to even finish the project since they are in alpha phase.
You are basically funding them. And for now they definitely don't need more.

The project will be finished (if ever) in months. It's gonna suck you BTC away.

ya they don't need anymore BTCs, buy from me

10% off, you get an encrypted file.

[adamstgBit]

I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?

i can sell you some for 10% lower than current rate.

adam trades!

socked?

 

[justusranvier]

I heard they already had over 2 Million $ debts they have to pay. For lawyer marketing and so on.

So I guess they really need the money, it's not an investment for them. They need this money to keep everything running for now.

I heard that most or all of those debts are owed to the many of the same people who invested so many coins in the presale.

It's a neat trick that happens in political campaign fundraising:

Some company who wants to donate a small amount to a candidate actually donates a lot more, and then that candidate's campaign spends most of the money buying services from that company.

It helps the company launder income they'd otherwise have trouble accounting for and it makes the candidate appear to be more successful at fund raising than he or she really is.

[GaliX]

in the end a really interesting winter is incoming.

[grappa_barricata]

Forgive my ignorance, but are ethereum 'coins/tokens' a mere anti-spam device? If so, then their value will approach the cost of solving a captcha, or similar systems (in the orders of 0.002$).