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

[shmadz]

I read the story of the "KEEP CALM AND" meme on Wikipedia
http://en.wikipedia.org/wiki/Keep_Calm_and_Carry_On
Unbelievable that some scumbag registered the slogan as a trademark in the EU and is trying to do the same in the US.

Trade mark laws are indeed scumbagerous, as scumbagerous as the EU and other political entities that assume the right to enact and enforce such laws.

[grappa_barricata]

[adamstgBit]

wow 500 breached while i was gone, sitting by a fire talking with some friends, now in the AM...

[adamstgBit]

lol bitcoin how can i ever quit you my love.

[adamstgBit]

just say'in

[ChartBuddy]

Explanation

[nanobrain]

I'll be putting these up on Zazzle in the next few hours.
If you want them as a mug, poster or whatever, let me know via PM.

Enjoy.

[grappa_barricata]

That's very good, good job 

[nanobrain]

That's very good, good job 

Thanks.
Bastards stole (varying degrees of) my money

[ChartBuddy]

Explanation

[lyth0s]

GABI starts buying Bitcoins in 3 days. Honestly, even if you are currently a bear it's best to hold on to your coins for a few more days and see if the price goes up or not. I believe they are going to purchase $200 million dollars total of Bitcoins (which I'm sure will be spread out to try to avoid massive price hikes), which is quite a bit of buying pressure.

[nanobrain]

One last design added to my store


All sales commission (a lousy 10%) goes towards replacing the coins stolen by Brewster et al.

[dropt]

GABI starts buying Bitcoins in 3 days. Honestly, even if you are currently a bear it's best to hold on to your coins for a few more days and see if the price goes up or not. I believe they are going to purchase $200 million dollars total of Bitcoins (which I'm sure will be spread out to try to avoid massive price hikes), which is quite a bit of buying pressure.

They expect to have $200MM within a year of launch if IIRC.  I also read they've secured a deal with a large mining farm for purchasing, however I havd been unable to verify those claims.  

TL;DR: don't get your hopes up.

[Newbie1022]

GABI starts buying Bitcoins in 3 days. Honestly, even if you are currently a bear it's best to hold on to your coins for a few more days and see if the price goes up or not. I believe they are going to purchase $200 million dollars total of Bitcoins (which I'm sure will be spread out to try to avoid massive price hikes), which is quite a bit of buying pressure.

This. Even the prospect of this being true makes current prices cartoonishly oversold. And I am skeptic. Even if they don't buy on the market, it alleviates selling pressure from miners. We'll be at $600 by the end of the month. As for the long-term... who the hell really knows.

[grappa_barricata]

I think GABI is not a factor. The real factors are the international finance shenanigans in the upcoming months.

[ChartBuddy]

Explanation

[Newbie1022]

Oversold. Jump on the buy train and make a few bones.

[HarHarHar9965]

Oversold. Jump on the buy train and make a few bones.

I don't see any time frames 15-minutes or above that are oversold. Daily has lots and lots of room to fall. I'm holding for now, but I'm looking for a good exit. Lower time frames show bullish diverging, so I think we'll bounce soon, but I don't expect much really. I'm gonna sit out and buy back in when the daily chart looks bullish.

[kireinaha]

"Currency of the future" being dumped again 

[grappa_barricata]