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

[Newbie1022]

OpenBazaar will be like a Silk Road that no one can shut down.

I thought that silk road was already like a silk road that could NOT be shut down.

This is more P2P as opposed to centralized through a market hub. The architecture is a little more thoughtful. It should hold strong.

o.k. b/c I though that silk road was already using p2p and Thor and all that jazz.. 

I am a little confused about some of the technical anonymizing capabilities - especially in light of ever changing tactics and some of the evolving powers of the USA govt, including NSA crap.

See quote, below. It's basically bordering on being offline. It's way safer than Tor.

"It goes a step beyond the darknet, the former home of Silk Road, where users need to download specialized software in order to access sites. It is more comparable to Bittorrent, a p2p file sharing platform. Similarly, OpenBazaar is a p2p e-commerce platform that doesn’t involve any central servers. The software, along with a database of the marketplace, is downloaded to your computer." - See more at: http://forexmagnates.com/bitcoin-picks-openbazaar-to-launch-beta-banco-santander-to-devise-bitcoin-strategy/#sthash.vYKJDqE2.dpuf

[HarHarHar9965]

Momentum hasn't picked up too heavily yet, but I suspect it might. We kept pounding on that 3100/500 level until it gave in. I think when we bounce next, it may become a strong resistance. We'll see, but it looks like there is more down incoming.

[adamstgBit]

WOOOT sub 500

i just come back from a Fuckin wedding man , lOl no joke CraZy Partuy!!!

[adamstgBit]

BITCOIN!!!

[adamstgBit]

[falllling]

Momentum hasn't picked up too heavily yet, but I suspect it might. We kept pounding on that 3100/500 level until it gave in. I think when we bounce next, it may become a strong resistance. We'll see, but it looks like there is more down incoming.

told ya, you have to face bitcoin's downfall sooner or later

[JayJuanGee]

 

On the Winklevi... we have a few talking heads who have said their opinion and thrown in words like "the preponderance of the law." SEC provides much less latitude when an investment is not limited to sophisticated, wealthy, or experienced investors. See Purina case. The ETF will be limited in large part to such investors, but these activities will touch on the investments of less sophisticated investors. I could go into a multitude of cases, but it would just be attacked by FUD. So, let me just say that Securities Regulation was my best and favorite class, my prof was the former SEC enforcement head, and I just don't see the s--- happening. I may very well be wrong. I figure that's what stop-losses are for.

Well, I am glad that you have studied into some of what you perceive to be relevant precedent, and based upon that you have come to what you believe is an informed prediction.

I believe that is what we all do.  We act upon what information that we have and we assign probabilities to it, and if we are exposed to new information, then maybe we will change our probability assignments.


By the way, when you suggest that people who are bullish about BTC are in the habit of using FUD, you are largely mischaracterizing what seems to go on around here.  Frequently, downward price manipulators are in the practice of spreading FUD or partial information or incomplete information  in order to talk down BTC and to talk down its potential and to talk down its risk.. NOT all bears do this, but that is largely where you see the FUD. 

On the other side (the bullish inclinations), you may see exuberance, but most of the time these bullish inclined people are NOT in the habit of purposefully spreading misinformation about BTC.

In the long-term, people get burnt or change their mind. There is also a much more pervasive screwing of traders now that Wall Street has entered the game. Finally, the deals being attached through the mainstream, uber-regulated, above board side of the market are just f---ing lame. 10% off on Dell products? Really? I could do better than that without even trying on Amazon and heaven forbid I did try I could probably get 50% off sticker on Dell products. So, really, I don't see that working out too hot. You can count all the wallets you want or use the word adoption in every sentence, but lame is lame.

It seems that you are over emphasizing trivial matters here.  The importance about dell and other large liquidation opportunities is just that, the ability to liquidate in a variety of ways and the fact that more and more larger venders are incorporating BTC payments into their offerings.

For the average, everyday user Bitcoin just becomes a tax hassle with at least a feeling of less security (although I don't really think that is all that true at all) where the value of your funds are ever in the hands of a non-politically accountable Junta of insiders (like with the U.S. dollar, but to a higher degree because Wall Street is historically filled with scumbags) and your balance could be effectively zeroed out upon implementation of bans the next time a terrorist acts a fool or the government starts to worry it might replace state backed currencies. Also, knowing all of those hassles, or even suspecting them, it takes a truly virtuous soul to give it a chance (and they'll end up being f---ed over by one of these bucket shop exchanges). So yes, I said f---ing disaster because, frankly, this s--- is going to be worth $5 comes 2020, and maybe even sooner, unless we turn back towards the dark markets.

Which is why OpenBazaar, to me, is really tremendous news.

O.k. now, I can kind of see where you are coming from with the term "disaster," yet I still get the sense that you are being overly pessimistic. 

I do tend to agree with you; however, there are going to need to be continuing and ongoing darkmarket type BTC developments in order to assist with some of the potential problems of either financial market manipulations and/ or governmental manipulations of the BTC space.

[falllling]

 

On the Winklevi... we have a few talking heads who have said their opinion and thrown in words like "the preponderance of the law." SEC provides much less latitude when an investment is not limited to sophisticated, wealthy, or experienced investors. See Purina case. The ETF will be limited in large part to such investors, but these activities will touch on the investments of less sophisticated investors. I could go into a multitude of cases, but it would just be attacked by FUD. So, let me just say that Securities Regulation was my best and favorite class, my prof was the former SEC enforcement head, and I just don't see the s--- happening. I may very well be wrong. I figure that's what stop-losses are for.

Well, I am glad that you have studied into some of what you perceive to be relevant precedent, and based upon that you have come to what you believe is an informed prediction.

I believe that is what we all do.  We act upon what information that we have and we assign probabilities to it, and if we are exposed to new information, then maybe we will change our probability assignments.


By the way, when you suggest that people who are bullish about BTC are in the habit of using FUD, you are largely mischaracterizing what seems to go on around here.  Frequently, downward price manipulators are in the practice of spreading FUD or partial information or incomplete information  in order to talk down BTC and to talk down its potential and to talk down its risk.. NOT all bears do this, but that is largely where you see the FUD.  

On the other side (the bullish inclinations), you may see exuberance, but most of the time these bullish inclined people are NOT in the habit of purposefully spreading misinformation about BTC.

In the long-term, people get burnt or change their mind. There is also a much more pervasive screwing of traders now that Wall Street has entered the game. Finally, the deals being attached through the mainstream, uber-regulated, above board side of the market are just f---ing lame. 10% off on Dell products? Really? I could do better than that without even trying on Amazon and heaven forbid I did try I could probably get 50% off sticker on Dell products. So, really, I don't see that working out too hot. You can count all the wallets you want or use the word adoption in every sentence, but lame is lame.

It seems that you are over emphasizing trivial matters here.  The importance about dell and other large liquidation opportunities is just that, the ability to liquidate in a variety of ways and the fact that more and more larger venders are incorporating BTC payments into their offerings.

For the average, everyday user Bitcoin just becomes a tax hassle with at least a feeling of less security (although I don't really think that is all that true at all) where the value of your funds are ever in the hands of a non-politically accountable Junta of insiders (like with the U.S. dollar, but to a higher degree because Wall Street is historically filled with scumbags) and your balance could be effectively zeroed out upon implementation of bans the next time a terrorist acts a fool or the government starts to worry it might replace state backed currencies. Also, knowing all of those hassles, or even suspecting them, it takes a truly virtuous soul to give it a chance (and they'll end up being f---ed over by one of these bucket shop exchanges). So yes, I said f---ing disaster because, frankly, this s--- is going to be worth $5 comes 2020, and maybe even sooner, unless we turn back towards the dark markets.

Which is why OpenBazaar, to me, is really tremendous news.

O.k. now, I can kind of see where you are coming from with the term "disaster," yet I still get the sense that you are being overly pessimistic.  

I do tend to agree with you; however, there are going to need to be continuing and ongoing darkmarket type BTC developments in order to assist with some of the potential problems of either financial market manipulations and/ or governmental manipulations of the BTC space.

it looks like JayJuanGee is trying to "talk up" BTC

[JayJuanGee]

 

On the Winklevi... we have a few talking heads who have said their opinion and thrown in words like "the preponderance of the law." SEC provides much less latitude when an investment is not limited to sophisticated, wealthy, or experienced investors. See Purina case. The ETF will be limited in large part to such investors, but these activities will touch on the investments of less sophisticated investors. I could go into a multitude of cases, but it would just be attacked by FUD. So, let me just say that Securities Regulation was my best and favorite class, my prof was the former SEC enforcement head, and I just don't see the s--- happening. I may very well be wrong. I figure that's what stop-losses are for.

Well, I am glad that you have studied into some of what you perceive to be relevant precedent, and based upon that you have come to what you believe is an informed prediction.

I believe that is what we all do.  We act upon what information that we have and we assign probabilities to it, and if we are exposed to new information, then maybe we will change our probability assignments.


By the way, when you suggest that people who are bullish about BTC are in the habit of using FUD, you are largely mischaracterizing what seems to go on around here.  Frequently, downward price manipulators are in the practice of spreading FUD or partial information or incomplete information  in order to talk down BTC and to talk down its potential and to talk down its risk.. NOT all bears do this, but that is largely where you see the FUD.  

On the other side (the bullish inclinations), you may see exuberance, but most of the time these bullish inclined people are NOT in the habit of purposefully spreading misinformation about BTC.

In the long-term, people get burnt or change their mind. There is also a much more pervasive screwing of traders now that Wall Street has entered the game. Finally, the deals being attached through the mainstream, uber-regulated, above board side of the market are just f---ing lame. 10% off on Dell products? Really? I could do better than that without even trying on Amazon and heaven forbid I did try I could probably get 50% off sticker on Dell products. So, really, I don't see that working out too hot. You can count all the wallets you want or use the word adoption in every sentence, but lame is lame.

It seems that you are over emphasizing trivial matters here.  The importance about dell and other large liquidation opportunities is just that, the ability to liquidate in a variety of ways and the fact that more and more larger venders are incorporating BTC payments into their offerings.

For the average, everyday user Bitcoin just becomes a tax hassle with at least a feeling of less security (although I don't really think that is all that true at all) where the value of your funds are ever in the hands of a non-politically accountable Junta of insiders (like with the U.S. dollar, but to a higher degree because Wall Street is historically filled with scumbags) and your balance could be effectively zeroed out upon implementation of bans the next time a terrorist acts a fool or the government starts to worry it might replace state backed currencies. Also, knowing all of those hassles, or even suspecting them, it takes a truly virtuous soul to give it a chance (and they'll end up being f---ed over by one of these bucket shop exchanges). So yes, I said f---ing disaster because, frankly, this s--- is going to be worth $5 comes 2020, and maybe even sooner, unless we turn back towards the dark markets.

Which is why OpenBazaar, to me, is really tremendous news.

O.k. now, I can kind of see where you are coming from with the term "disaster," yet I still get the sense that you are being overly pessimistic.  

I do tend to agree with you; however, there are going to need to be continuing and ongoing darkmarket type BTC developments in order to assist with some of the potential problems of either financial market manipulations and/ or governmental manipulations of the BTC space.

it looks like JayJuanGee is trying to "talk up" BTC

I should change my name to RRRRRRRRRRRRRiiiiiiisssssing   or maybe to NOT_fallllllllllllling

[grappa_barricata]

Meh... buy back time already.

[Newbie1022]

 

On the Winklevi... we have a few talking heads who have said their opinion and thrown in words like "the preponderance of the law." SEC provides much less latitude when an investment is not limited to sophisticated, wealthy, or experienced investors. See Purina case. The ETF will be limited in large part to such investors, but these activities will touch on the investments of less sophisticated investors. I could go into a multitude of cases, but it would just be attacked by FUD. So, let me just say that Securities Regulation was my best and favorite class, my prof was the former SEC enforcement head, and I just don't see the s--- happening. I may very well be wrong. I figure that's what stop-losses are for.

Well, I am glad that you have studied into some of what you perceive to be relevant precedent, and based upon that you have come to what you believe is an informed prediction.

I believe that is what we all do.  We act upon what information that we have and we assign probabilities to it, and if we are exposed to new information, then maybe we will change our probability assignments.


By the way, when you suggest that people who are bullish about BTC are in the habit of using FUD, you are largely mischaracterizing what seems to go on around here.  Frequently, downward price manipulators are in the practice of spreading FUD or partial information or incomplete information  in order to talk down BTC and to talk down its potential and to talk down its risk.. NOT all bears do this, but that is largely where you see the FUD. 

On the other side (the bullish inclinations), you may see exuberance, but most of the time these bullish inclined people are NOT in the habit of purposefully spreading misinformation about BTC.

In the long-term, people get burnt or change their mind. There is also a much more pervasive screwing of traders now that Wall Street has entered the game. Finally, the deals being attached through the mainstream, uber-regulated, above board side of the market are just f---ing lame. 10% off on Dell products? Really? I could do better than that without even trying on Amazon and heaven forbid I did try I could probably get 50% off sticker on Dell products. So, really, I don't see that working out too hot. You can count all the wallets you want or use the word adoption in every sentence, but lame is lame.

It seems that you are over emphasizing trivial matters here.  The importance about dell and other large liquidation opportunities is just that, the ability to liquidate in a variety of ways and the fact that more and more larger venders are incorporating BTC payments into their offerings.

For the average, everyday user Bitcoin just becomes a tax hassle with at least a feeling of less security (although I don't really think that is all that true at all) where the value of your funds are ever in the hands of a non-politically accountable Junta of insiders (like with the U.S. dollar, but to a higher degree because Wall Street is historically filled with scumbags) and your balance could be effectively zeroed out upon implementation of bans the next time a terrorist acts a fool or the government starts to worry it might replace state backed currencies. Also, knowing all of those hassles, or even suspecting them, it takes a truly virtuous soul to give it a chance (and they'll end up being f---ed over by one of these bucket shop exchanges). So yes, I said f---ing disaster because, frankly, this s--- is going to be worth $5 comes 2020, and maybe even sooner, unless we turn back towards the dark markets.

Which is why OpenBazaar, to me, is really tremendous news.

O.k. now, I can kind of see where you are coming from with the term "disaster," yet I still get the sense that you are being overly pessimistic. 

I do tend to agree with you; however, there are going to need to be continuing and ongoing darkmarket type BTC developments in order to assist with some of the potential problems of either financial market manipulations and/ or governmental manipulations of the BTC space.

"By the way, when you suggest that people who are bullish about BTC are in the habit of using FUD, you are largely mischaracterizing what seems to go on around here.  Frequently, downward price manipulators are in the practice of spreading FUD or partial information or incomplete information  in order to talk down BTC and to talk down its potential and to talk down its risk.. NOT all bears do this, but that is largely where you see the FUD. "

Nah, I meant that if I tried to make the esoteric legal explanation, which at least opens the door to a more negative possibility, this would like be characterized as a FUD attempt. So, I simply would say that I have some concerns.

As far as the pessimism... I am normally biased in that direction so take that with at least a grain of salt -- I am naturally a critic. That said, there are some real challenges and we may very well meet them. But, it's not like they aren't there. The further out you go, failure is always more likely than success.

I heart the Black Market, non-regulated aspects of Bitcoin. F--- Wall Street. Bunch of bastards.

[Newbie1022]

 

On the Winklevi... we have a few talking heads who have said their opinion and thrown in words like "the preponderance of the law." SEC provides much less latitude when an investment is not limited to sophisticated, wealthy, or experienced investors. See Purina case. The ETF will be limited in large part to such investors, but these activities will touch on the investments of less sophisticated investors. I could go into a multitude of cases, but it would just be attacked by FUD. So, let me just say that Securities Regulation was my best and favorite class, my prof was the former SEC enforcement head, and I just don't see the s--- happening. I may very well be wrong. I figure that's what stop-losses are for.

Well, I am glad that you have studied into some of what you perceive to be relevant precedent, and based upon that you have come to what you believe is an informed prediction.

I believe that is what we all do.  We act upon what information that we have and we assign probabilities to it, and if we are exposed to new information, then maybe we will change our probability assignments.


By the way, when you suggest that people who are bullish about BTC are in the habit of using FUD, you are largely mischaracterizing what seems to go on around here.  Frequently, downward price manipulators are in the practice of spreading FUD or partial information or incomplete information  in order to talk down BTC and to talk down its potential and to talk down its risk.. NOT all bears do this, but that is largely where you see the FUD.  

On the other side (the bullish inclinations), you may see exuberance, but most of the time these bullish inclined people are NOT in the habit of purposefully spreading misinformation about BTC.

In the long-term, people get burnt or change their mind. There is also a much more pervasive screwing of traders now that Wall Street has entered the game. Finally, the deals being attached through the mainstream, uber-regulated, above board side of the market are just f---ing lame. 10% off on Dell products? Really? I could do better than that without even trying on Amazon and heaven forbid I did try I could probably get 50% off sticker on Dell products. So, really, I don't see that working out too hot. You can count all the wallets you want or use the word adoption in every sentence, but lame is lame.

It seems that you are over emphasizing trivial matters here.  The importance about dell and other large liquidation opportunities is just that, the ability to liquidate in a variety of ways and the fact that more and more larger venders are incorporating BTC payments into their offerings.

For the average, everyday user Bitcoin just becomes a tax hassle with at least a feeling of less security (although I don't really think that is all that true at all) where the value of your funds are ever in the hands of a non-politically accountable Junta of insiders (like with the U.S. dollar, but to a higher degree because Wall Street is historically filled with scumbags) and your balance could be effectively zeroed out upon implementation of bans the next time a terrorist acts a fool or the government starts to worry it might replace state backed currencies. Also, knowing all of those hassles, or even suspecting them, it takes a truly virtuous soul to give it a chance (and they'll end up being f---ed over by one of these bucket shop exchanges). So yes, I said f---ing disaster because, frankly, this s--- is going to be worth $5 comes 2020, and maybe even sooner, unless we turn back towards the dark markets.

Which is why OpenBazaar, to me, is really tremendous news.

O.k. now, I can kind of see where you are coming from with the term "disaster," yet I still get the sense that you are being overly pessimistic.  

I do tend to agree with you; however, there are going to need to be continuing and ongoing darkmarket type BTC developments in order to assist with some of the potential problems of either financial market manipulations and/ or governmental manipulations of the BTC space.

it looks like JayJuanGee is trying to "talk up" BTC

Dude's been a bull from day one. It's not like he is Rpietilla (or whatever the hell his name is) selling $100,000 magic bean coins while also looking to unload a stunning array of s---coins. JayJuanGee is alright.

[Newbie1022]

Ok... Just do the opposite of me. That seems to be the most advisable path. I should actually start doing a trading forecast blog so that you all know exactly what not to do.

[adamstgBit]

Momentum hasn't picked up too heavily yet, but I suspect it might. We kept pounding on that 3100/500 level until it gave in. I think when we bounce next, it may become a strong resistance. We'll see, but it looks like there is more down incoming.

told ya, you have to face bitcoin's downfall sooner or later

falling STFU

i went to a crazy party last night and i said so crazy shit

but saying bitcoin was gonna go to the moon in 10 years or pretty fucking son so BUY BUY BUY!

wasn't one of them.

bitcoin is fucking Gold my friend, Gold!

deal with it.


you know this..... you know bitcoin....

[falllling]

Momentum hasn't picked up too heavily yet, but I suspect it might. We kept pounding on that 3100/500 level until it gave in. I think when we bounce next, it may become a strong resistance. We'll see, but it looks like there is more down incoming.

told ya, you have to face bitcoin's downfall sooner or later

falling STFU

i went to a crazy party last night and i said so crazy shit

but saying bitcoin was gonna go to the moon in 10 years or pretty fucking son so BUY BUY BUY!

wasn't one of them.

bitcoin is fucking Gold my friend, Gold!

deal with it.


you know this..... you know bitcoin....

sell walls at $500 are being built, soon $500 will be a unreachable target or replace the definition of "moon"

[grappa_barricata]

sell walls at $500 are being built, soon $500 will be a unreachable target or replace the definition of "moon"

I see no walls at 500$, and I'm watching 6 fucking markets.

[JayJuanGee]

Nah, I meant that if I tried to make the esoteric legal explanation, which at least opens the door to a more negative possibility, this would like be characterized as a FUD attempt. So, I simply would say that I have some concerns.

It seems as if I misunderstood you, then. 

It does seem that people use the term FUD in differing ways, and sometimes people purposefully misuse the term FUD in order to spread FUD.. or at least to create ambiguity for a discussion that should NOT be so ambiguous.

Personally, I am of the belief that the more you explain, then the less likely you should be accused of spreading FUD, unless of course you are merely just seeming to argue the one side and to mislead concerning mitigating facts or standards, or something like that.  If you are merely pointing out some administrative law or some other case law that helps to bring you to the conclusion that the Winklevii are NOT going to be approved, then those kinds of factual details could help to establish that you are actually relying on meaningful sources to reach your conclusion(s) regarding such prediction of non-approval.

Accordingly, if you were to put out some of those sources of information on a public thread, then maybe some peeps would read those sources and come to similar conclusions as you or may come to different conclusions or may be inspired to engage in further research to clarify and/or to predict.

Except for the requirement to engage in extra work for the poster, I cannot really see any downside to sharing legal and/or administrative information - except to the extent that if you are relying on secondary sources that are misquoting the actual authoritative sources.

As far as the pessimism... I am normally biased in that direction so take that with at least a grain of salt -- I am naturally a critic. That said, there are some real challenges and we may very well meet them. But, it's not like they aren't there. The further out you go, failure is always more likely than success.

Nothing wrong with being pessimistic or critical b/c it takes all kinds in this world, but sometimes people will get worn out and NOT want to hang out with you, if they conclude that you are too much of a pessimist.

I believe the further you go out, the more difficult it is to predict what is going to happen - whether it is possitive or negative; however, in the short and medium term, we do NOT need that level  of certainty about the long term future b/c it is either NOT relevant or only minimally relevant to the question in front of us today, and that is to buy, sell or hodl..

I heart the Black Market, non-regulated aspects of Bitcoin. F--- Wall Street. Bunch of bastards.

I am tending to agree with you about the need for continued development and evolution of these various black market characteristics and features.. yet, wallstreet and regulation seems to be a kind of double edged sword to bring validity and acceptance and maybe even to lessen some of the possibilities of hostility with the mainstream economy.  Some people suggest that we do NOT need them at all  (which seems to be where you are leaning and to me that seems extreme), but wallstreet and regulations do seem to lend some credibility and some potential for large scale expansion.. and in the short term such BTC markets will likely be manipulated by big financial holders until market cap exceeds gold... or some level in that $10 trillion dollar ball park..

[2collect]

Obviously Fallling is a bit of a dick but the guy is honestly right more than any of you bulls are. Fallling why exactly do you troll so much and hate bitcoin is it because you honestly see no need for it? I finally made an account on here out of frustration because I guess I'm a "weak-hand". I buy 5 BTC a week ago because all the experts on here tell me we should start seeing some upward pressure but all I've seen is my money down the toilet and don't expect to see any actual gains any time soon. My knowledge of trading is very elementary but it appears most people's views on here are pretty out of touch with reality. Anytime you say "Cheap coins!?" because the price is dropping and then a week later it drops some more..well you messed up there didn't you because ya could have gotten them a tad bit cheaper.

[JayJuanGee]

 

it looks like JayJuanGee is trying to "talk up" BTC

Dude's been a bull from day one. It's not like he is Rpietilla (or whatever the hell his name is) selling $100,000 magic bean coins while also looking to unload a stunning array of s---coins. JayJuanGee is alright.

hehehe.. This is almost like a compliment saying that I am NOT Rpietilla.    

[grappa_barricata]

If the ETF comes through in the next month or so, then it is absolutely right on spot to catch all those bond and stock traders looking for a way to escape the dollapocalypse that is coming their way.

That arab market too, seems to be at the right place in the right time. Oh the coincidences.