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

[spooderman]

It's gonna go crazy again at some point. Let's just enjoy our lives for the time being.

Personally when it rallies I find it hard not to lose my mind.

It's difficult to handle, suddenly being 2x richer within a the space of 2 or 3 days. And the pressure to sell. The rest of my life takes a backseat and it's not too healthy! The rally to $266 almost killed me, and when it popped I hit the bottom with btc damn hard.

A stable price means I can get on with my life.

[ChartBuddy]

Explanation

[ErisDiscordia]

these are the skills needed to be a successful professional poker player (in descending order of importance):

1. bankroll/money management (believe it or not, this one is the most important of all)
2. patience and discipline
3. emotional detachment from results - i.e. caring about whether you made a good play, not about what the particular result this time was
4. knowledge of probabilities (i.e. flopping a set, a flush draw arriving etc.) and hand ranges and how to exploit your opponents mistakes through this knowledge.
5. knowledge of human psychology and perception of so called "table dynamics"
 
I maintain that most people have no problem with point 4 and 5, but what would prevent them from becoming a successful poker pro are points 1 - 3.

Probably the best way to make money at poker is to run a poker school or a poker website

Indeed. I've read somewhere (can't find the source) that for every 1$ winning players withdraw from online casinos, the casinos themselves earn 20$ (in online poker that is).

[ChartBuddy]

Explanation

[asganauei]

The price is really stable, when the storm will start probably nobody knows.

[ChartBuddy]

Explanation

[oda.krell]

This already been posted here?

[macsga]

This already been posted here?

Pretty much the truth (not only for bitcoin though). Everybody within a system gets criticism from those outside of the system. I yesterday was with a bunch of people (all work in big financial institutes worldwide). They tried to emphasize that bitcoin is nothing but a foe, a ponzi, it "doesn't represent a store of value", "won't be able for a country to inflate it" etc.

One of them was actually friendly about it. He said that big CC companies and companies like Apple or Google could actually make a good use of it via electronic payments that are represented through the blockchain system. No matter what they said, what was important from my point of view, is the fact that THEY KNEW about it. I find this to be a great progress since a couple of years ago.

[ChartBuddy]

Explanation

[troisky]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

[hdbuck]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

Good, bad, whatever, euro is doomed anyway, (and worthless - ie. 0,05% interest rate). Plus, BCE buying up credits is just another foolish attempt at sustaining the current statu quo.
And sources told me they will start QE in 2015. It's because of such blatant fraud and incompetence I will always be a bitcoin bull deep down. I can smell it in the air, we are going to the moon sooner or later.

[grappa_barricata]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

[hdbuck]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.

[ensurance982]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.

So what? Additional economies in an developing region! I wouldn't necessarily call this bad! I think the Euro can be very very successful because it's a currency in most of Europe! A lot of different countries work and contribute to its success!

[NotLambchop]

...I can smell it in the air, we are going to the moon sooner or later.

That's not rocket fuel you smell, hdbuck.  That's the stench of despair

[grappa_barricata]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.

The fact that 1 Euro is worth more USD today that was yesterday is good for the Euro, not for the USD.
And your 'sources' are telling you about 'ECB QE in 2015' because they want to keep unloading T-Bonds to the american public.

[hdbuck]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.

So what? Additional economies in an developing region! I wouldn't necessarily call this bad! I think the Euro can be very very successful because it's a currency in most of Europe! A lot of different countries work and contribute to its success!

Well i didnt mean to offense anyone and i do respect all countries but this exactly the problem:  who is going to suffer from such radical shift in their currency (from worthless to 1,4$)? hum? The local people. It's plain stupid to put in the same monetary basket so many different economies. just saying.. + the fall of the dollar (as we at least agree on this point) is certainly going to affect the euro as in dominos, just like in 2008. Both systems are too bond to survive without the other, with all their shadow banking etc..

edit: and brits are much clever than US and EU. Why do you think they kept their currency?

edit: like i said, just another lame attempt at plugging the holes of this defaulting occidental financial system. last recourse: QE (& trap as many stupid countries as you can before it blacks out). too big to fail isnt it?

[ChartBuddy]

Explanation

[hdbuck]

...I can smell it in the air, we are going to the moon sooner or later.

That's not rocket fuel you smell, hdbuck.  That's the stench of despair

nope, bitcoin to da moon.

and then to mars.



edit: and AM comes along too

[grappa_barricata]

[...] It's plain stupid to put in the same monetary basket so many different economies [...]

I think this can assure the world that the Euro will not be USD 2.0, if you know what i mean.

About UK: the Brown Bottom put them in a weak position now, not to mention that they bet everything on (and prospered from) the US scheme. And will bear its fallout.
About East Europe: they are perhaps the piece of land with the most unrealized economic potential on the whole planet.

Come on UK, join us