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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26407451 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
spooderman
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October 22, 2014, 12:38:30 AM

^good. I'm not saying anyone will be enforcing it (how could they?) It's more the fact that people seem to be looking forward to it that bothers me.
adamstgBit
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October 22, 2014, 12:45:36 AM

BitLicense's Deadline is Here: BitPay and EFF Weigh In
Quote
The proposed regulation, BitPay Chief Compliance Officer Tim Byun wrote, “significantly misses the mark in four key areas:

Lacks Innovative Rule-Making That Will Unfortunately Deter Jobs & Innovation,
Creates an Unlevel Playing Field with Other Payment Methods,
Disregards Existing Local/National/International AML Frameworks, and
Lacks Clarity Whether Ancillary Bitcoin Activities Are Covered by Regulations.

BitPay believes that given the potential use cases and services that are just being built out by the Bitcoin ecosystem, the proposed regulations would stifle growth of jobs and innovation, rather than promote such.

well that sucks for NY...
and its stupid really, all this really going to do  is drive bitcoin businesses out of NY.

what's so bad about this proposed regulation anyway?
octaft
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October 22, 2014, 12:46:15 AM

Anyone else think this New York bitliscence thing is some BULLSHIT?

Whenever New York is involved, you know someone's getting fucked.
adamstgBit
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October 22, 2014, 12:49:47 AM

well at least canadian regulators don't have a stick up there ass
spooderman
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October 22, 2014, 12:52:42 AM

Canada listened to Andreas and made me almost believe in elected representation.

NY didn't.
explorer
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October 22, 2014, 01:00:29 AM

Canada listened to Andreas and made me almost believe in elected representation.

NY didn't.

Except those guys were not elected...

Appointed lifetime trough swillers.
ChartBuddy
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October 22, 2014, 01:00:44 AM


Explanation
adamstgBit
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October 22, 2014, 01:10:43 AM

Canada listened to Andreas and made me almost believe in elected representation.

NY didn't.

Except those guys were not elected...

Appointed lifetime trough swillers.

face it canadians are just cooler poeple.
isov
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October 22, 2014, 01:13:18 AM

Stamp seems quite solid at 382$ at the moment. Maybe we are now laying on the bottom for awhile and then head up? Most of the indicators look quite hopeful, macds lining up quite nicely in all timescales and so on.
adamstgBit
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October 22, 2014, 01:17:46 AM

we all know that using bitcoin for illicit activity will not be stopped in NY because of this BitLicense, they will simply ignore it and continue using TOR... it will however hinder legitimate use and innovation in NY  

Benjamin Lawsky, you fucked up man... big time.
derpinheimer
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October 22, 2014, 01:25:38 AM

Status:



We are going up.. but we will come back down.
bassclef
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October 22, 2014, 01:25:46 AM


If everyone use the same indicators to buy or sell, then the prices will rise or fall when we see the indicators.

It is kind of circular

Reminds me of backtesting strategies on cryptotrader. This is nothing new, just MIT kids writing trading algorithms. But they don't take into account slippage, trading fees and order size. If it worked as well as they say it does, they'd be more profitable using it themselves.
explorer
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October 22, 2014, 01:27:06 AM

Canada listened to Andreas and made me almost believe in elected representation.

NY didn't.

Except those guys were not elected...

Appointed lifetime trough swillers.

face it canadians are just cooler poeple.

Lol  it was nice to see that they chose to do nothing, but hardly surprising,  as that is the MO of the Senate  Grin
adamstgBit
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October 22, 2014, 01:33:11 AM
Last edit: October 22, 2014, 01:46:51 AM by adamstgBit

Stamp seems quite solid at 382$ at the moment. Maybe we are now laying on the bottom for awhile and then head up? Most of the indicators look quite hopeful, macds lining up quite nicely in all timescales and so on.
pretty sure we are setting up to break 390 again, maybe for good this time. things look good, feels like only a matter of time till we see some violent movement and in the right direction  Grin

i plan to sell at 460-480,  and cover that short at 420ish

spooderman
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October 22, 2014, 01:52:44 AM

I want to see 500s again. It's been so long Sad
JayJuanGee
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October 22, 2014, 02:00:39 AM

Stamp seems quite solid at 382$ at the moment. Maybe we are now laying on the bottom for awhile and then head up? Most of the indicators look quite hopeful, macds lining up quite nicely in all timescales and so on.

your statement makes little to NO sense... Prices are NOT solid, they are fluctuating on a daily basis.  They may be within a certain range for a period of time,but $382 does NOT seem to be any particular resting point, even though prices have been passing through that point several times in the past month.
ChartBuddy
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October 22, 2014, 02:00:46 AM


Explanation
janos666
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October 22, 2014, 02:05:01 AM

Stamp seems quite solid at 382$ at the moment. Maybe we are now laying on the bottom for awhile and then head up? Most of the indicators look quite hopeful, macds lining up quite nicely in all timescales and so on.
pretty sure we are setting up to break 390 again, maybe for good this time. things look good, feels like only a matter of time till we see some violent movement and in the right direction  Grin

i plan to sell at 460-480,  and cover that short at 420ish

[img]

The market has been way too boring in the last few days indeed. The volume is drying up and every charts including the magic indicators are getting really close to flat / neutral.
So, I agree it must break out into one direction or the other soon. However, I am far from certain of that direction. It should go up for several reasons but that means it probably won't. Tongue
JayJuanGee
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October 22, 2014, 02:07:49 AM

Stamp seems quite solid at 382$ at the moment. Maybe we are now laying on the bottom for awhile and then head up? Most of the indicators look quite hopeful, macds lining up quite nicely in all timescales and so on.
pretty sure we are setting up to break 390 again, maybe for good this time. things look good, feels like only a matter of time till we see some violent movement and in the right direction  Grin

i plan to sell at 460-480,  and cover that short at 420ish




Are you serious?    Trading seems to just serve as a means to lose your bitcoins.  Surely, you could practice with 10% of the stash or some other fractional amount, but trading does NOT seem to be a good idea... at least in my thinking and at least NOT in these price ranges..
BBmmBB
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October 22, 2014, 02:09:08 AM

we all know that using bitcoin for illicit activity will not be stopped in NY because of this BitLicense, they will simply ignore it and continue using TOR... it will however hinder legitimate use and innovation in NY  

Benjamin Lawsky, you fucked up man... big time.

Benjamin Lawsky team is doxxing ninja dice sites now! Ask Eric Voorhees & dooglus lmfao    Wink virtually anonymous
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