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

[abercrombie]

[njcarlos]

No one? Good to know this market is propped up by a few big money players and almost zero grass-roots, organic activity.

[marcus_of_augustus]

No one? Good to know this market is propped up by a few big money players and almost zero grass-roots, organic activity.

that's the way it's going ... though right now they are not big big, just bigger than little guys.

Eventually it will be merchant banks and CBs using bitcoin to settle their scores because it is the best solution out there for that particular problem right now, bar none. SWIFT is a mere messaging system and centralised, bitcoin is a quantum leap ahead of SWIFT in value information technology terms.

Just be glad that if you have the chops you can get a seat at the big boy table.

[ChartBuddy]

Explanation

[jonoiv]

This looks really bad...

what the rally that just started ?

[WeltMaster]

CCMF  

[justusranvier]

This looks really bad...

what the rally that just started ?

A rally before the end of the month would be bad.

[WeltMaster]

This looks really bad...

what the rally that just started ?

A rally before the end of the month would be bad.

Of course a rally would be bad

:^)

[jonoiv]

[justusranvier]

I buy bitcoins with a paycheck, and so I'd rather the price stay as low as possible so that I can keep adding to my savings.

[Erdogan]

Isn't this the BTC/USD wall observer? "Bitcoin price movement tracking & discussion". Seems like we are quite a bit off-topic.

The wall of government violence is closing in.

[cbeast]

Bitcoin price is now lower than it was a year ago. Still, honeybadger don't care. A year is just a number.

[BBmmBB]

No one? Good to know this market is propped up by a few big money players and almost zero grass-roots, organic activity.

you nailed it... it's going to fall and fall hard !!!! (then bounce?)     hooooo hummm  

[njcarlos]

No one? Good to know this market is propped up by a few big money players and almost zero grass-roots, organic activity.

you nailed it... it's going to fall and fall hard !!!! (then bounce?)     hooooo hummm  

Not suggesting that at all, just pointing out how fragile it is. If they move out of the market there's nothing to catch the free fall, period. Normal people aren't using BTC yet. With that being said, BTCe is a pretty good indication of normal human depth. 100-200BTC depth of asks/bids, hehe.

[abercrombie]

[pjviitas]

I still can't believe people think that Bitcoin is going anywhere...in 5 years it will be some long gone fad.

In the meantime everyone and their dog will be using blockchain technology for other things.

Bitcoin was a great idea but its over...get on with real life

[justusranvier]

Bitcoin was a great idea but its over...get on with real life

How sad your life must be to spend time commenting on the forum of an idea whose time has past instead of getting a real life of your own.

[Erdogan]

There were regional kings and High Kings that sat on large Iron Thrones made from the swords of their slain enemies.

The hierarchy doesn't tell about your wealth or power.
It is only a title.
During feudalism, Kings where most of the time less powerful that rich Duchies.

Err...  Obama is less wealthy than a number of Americans, what's your point?

Obama is not a government. What's your point ?

My point was that (1) Europe used to be extremely decentralized for most of its History and (2) that the title of "King" did not mean that you own anything.

Sorry, I consider myself pretty hardcore libertarian. Feudalism does not really connote freedom. Sure, if you were a lord or king or whatnot, it was probably a pretty fun time (until your rival ran a sword through your gizzards) but the common man had it pretty rough. It wasn't really until firearms came along and started to level the playing field that that was redressed.
However, there were regions and times where freedom was more prevalent and we can see its positive effects within the societies that exist currently. Control? Soviet Russia, North Korea, Communist China. More freedom? South Korea, current hybrid China. Even more freedom? 20th century US and UK. Bit less freedom? Declining 21st century US and UK.

Yes that's right if you compare to now but in Feudalism, people were no more "slaves" like they were during the Roman Empire.
It was still very hard but they had the right to own land and trade which make a big difference.

The definition of feudalism is a bit muddy, (perfect for politicians) and the traditions varied over time and place (also perfect for politicians, you can claim anything), but generally feudalism is described  as farmers not owning the land, the lord did and the vassals rented it in exchange for resources and military duties.

[ChartBuddy]

Explanation

[abercrombie]