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

[adamstgBit]

oh cares!

cut your looses!!!

Never!!! I will live proudly in that van down by the river Adam! You will live there with me you permabull!

You can learn to become an expert fisher. That way we wont starve and could make a living. You down?

down. i'll leave my wife & kids tomorrow.

[FUR11]

http://www.ripplecharts.com/#/value

Set to: Capitalization (USD), Stacked.

USD on Bitstamp's Gateway appears to be shrinking. Same thing happening to Bitcoin's bid sum on the exchange. Bitstamp is dying and not likely to fuel the next rally.

Now, look at the growing USD on SnapSwap's Gateway. Also: http://blog.snapswap.vc/2014/08/instant-deposit-from-major-us-banks.html

XRP to the moon! 

Do you just think that Stamp is simply drying up, i.e. losing volume, or do you also believe that it may go gox? There's a big difference.

[thewayshegoes]

Looks like crypto is done. 

[justusranvier]

Do you just think that Stamp is simply drying up, i.e. losing volume, or do you also believe that it may go gox? There's a big difference.

Has anyone posted this here yet?

http://www.coindesk.com/banks-cut-ties-isle-mans-bitcoin-industry/

[bigasic]

http://www.ripplecharts.com/#/value

Set to: Capitalization (USD), Stacked.

USD on Bitstamp's Gateway appears to be shrinking. Same thing happening to Bitcoin's bid sum on the exchange. Bitstamp is dying and not likely to fuel the next rally.

Now, look at the growing USD on SnapSwap's Gateway. Also: http://blog.snapswap.vc/2014/08/instant-deposit-from-major-us-banks.html

XRP to the moon! 

Do you just think that Stamp is simply drying up, i.e. losing volume, or do you also believe that it may go gox? There's a big difference.

Their volume has been very low the last few days, but so has btc-e's.. I don't know what the hell is going on, but bitcoins reasoning for its ups and downs are not normal.. never have been and probably never will be..

[Schickeria]

oh cares!

cut your looses!!!

Never!!! I will live proudly in that van down by the river Adam! You will live there with me you permabull!

You can learn to become an expert fisher. That way we wont starve and could make a living. You down?

down. i'll leave my wife & kids tomorrow.

Was it not that nearly all people were shouting for cheap coins? Looks like they are coming.  

No, seriously no matter where it stops (now, 400, 300, 200 or even ~100) this is not the end, it's a big opportunity. Be happy! Really.

[hdbuck]

http://www.ripplecharts.com/#/value

Set to: Capitalization (USD), Stacked.

RLabs' next step: cash out

[cmacwiz]

Do you just think that Stamp is simply drying up, i.e. losing volume, or do you also believe that it may go gox? There's a big difference.

Has anyone posted this here yet?

http://www.coindesk.com/banks-cut-ties-isle-mans-bitcoin-industry/

TIL where the Isle of Man is. Crazy flag too, reminds me of the The Residents - Hello Skinny video.

What service did they provide to businesses accepting BTC? Did they just permit bitpay/coinbase transactions? This seems so inconsequential, and after a few years will be laughable once crypto dominates. Banks playing hardball, and businesses just say, "okay, we will just hold the crypto then."

[justusranvier]

What service did they provide to businesses accepting BTC?

I believe several exchanges used banks in Isle of Man to process their fiat.

[cmacwiz]

I believe several exchanges used banks in Isle of Man to process their fiat.

https://www.youtube.com/watch?v=kRUzvpbu2Ns

oh, well that seems much worse than I thought

[mah87]

http://www.ripplecharts.com/#/value

Set to: Capitalization (USD), Stacked.

RLab's next step: cash out

Pure ignorance

[esse83]

Do you just think that Stamp is simply drying up, i.e. losing volume, or do you also believe that it may go gox? There's a big difference.

Has anyone posted this here yet?

http://www.coindesk.com/banks-cut-ties-isle-mans-bitcoin-industry/

That is actually bad, surprised to read authentic bad news for bitcoin.. it's been so long. The markets if they actually were mature and filled with premium traders would react instantly to this. But as it is that's not the case  

[JayJuanGee]

Damn, how many times I got to tell you guys?

The only reason price is still down at this level is because wall street is manipulating the market in one last ditch effort to buy cheap coins. Once they've had enough, they will allow natural organic growth to $1,000 and probably much higher.

When my imaginary cyborg monkey says that, it has authority.  When a newbie parody account says that, it's a bulltroll.

First: I fixed the above for you - b/c when you add qualifiers/conditioners to the word "monkey" then it appears like santa clause... and monkey does NOT seem to be a santa clause...

Second:   I would really have a difficult time understanding how BTC prices could rise into the $850 to $1,150 range and to either stagnate in that range or to reverse and drop back down from that price range.  Once prices get into that $850 to $1,150 price range, there will be so much and many incentives and momentum and steam to push BTC prices well past 3X of the previous ATH (that is $3,489+ for any of you who may be math challenged).  Actually, as many others who are more expert than me have asserted, the longer that this stagnation and downward BTC price manipulation endures, the more likely it becomes that BTC prices will explode into an even higher 5X+  to 8X+ (respectively, that is $5,815+ to $9,304+ for any of you who may be math challenged) territory past the previous ATH.  Actually, if there is enough momentum to get BTC prices into the $9k plus territory, there may be even greater incentives for evolving BTC enthusiasts to push BTC prices past $10k, just for shits and giggles and because it has become part of the realm of realistic possibilities that will allow even greater profits to be taken when the cashing out resumes.

[phoenix1]

What service did they provide to businesses accepting BTC?

I believe several exchanges used banks in Isle of Man to process their fiat.

Last I heard Isle of Man, only weeks ago, was positioning itself to be BTC friendly and a centre for BTC innovation and startups

http://www.coindesk.com/meet-british-crown-dependencies-vying-become-bitcoin-island/

http://www.coindesk.com/isle-man-outlines-plans-digital-currency-regulation/

This seems like a complete U-turn <confused>

For those that don't now it is a tax haven off the coast of the UK, also well known for its crazy and lethal TT motorbike race.

[JayJuanGee]

When I came across the below article, I said to myself, "Whoa, Zaa!!!"   And, therefore, I wanted to share my "Whoa, Zaa!!!" with you. 

In essence, I find it interesting to hear Julian Assange describing his interactions with Satoshi Nakomoto in the earliest days of bitcoin and the realization by both of them, that they have to share a goal to keep bitcoin somewhat under wraps - especially while bitcoin was still in its budding stages of development.


https://uk.news.yahoo.com/wikileaks-avoided-bitcoin-prevent-government-destroying-cryptocurrency-175614267.html

[justusranvier]

This seems like a complete U-turn <confused>

They were subjected to unannounced financial sanctions by the rest of the world's banking system, most likely because of that announcement.

I know of at least one startup that had their non-USD bank account (with a non-US bank) frozen just because one of their second round investors funded them through a bank that was located in Isle of Man.

[2GOOD]

Actually this bear market accumulates very high tension for an upcoming buble..

[ChartBuddy]

Explanation

[roslinpl]

Explanation

From this point I am thinking only that the price can go only up =)

watching:

[Soccruo]

Actually this bear market accumulates very high tension for an upcoming buble..

More tension we accumulate and more high will be the explosion...