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

[NotLambchop]

Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

Yes

Proof:

...
3 BTC for a punch in the Dick? I have a better offer, y will pay you 0.0001 for a blow job.
...

[hdbuck]

a l'abordage!

[coinableS]

I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.

Has there ever been a documented sighting of this dump taking place anywhere ever in human history?

Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing?

Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little.

It is big in America, but for some reason people think that Coinbase and Bitpay operate with zero capital on hand. They believe every time some one buys or sells then coinbase and bitpay have to run to the exchanges to get the BTC or fiat creating this imaginary retailer dump they are waiting for.  

[Newbie1022]

I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.

Has there ever been a documented sighting of this dump taking place anywhere ever in human history?

Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing?

Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little.

It is big in America, but for some reason people think that Coinbase and Bitpay operate with zero capital on hand. They believe every time some one buys or sells then coinbase and bitpay have to run to the exchanges to get the BTC or fiat creating this imaginary retailer dump they are waiting for.  

Copied and noted for later shaming when price is in the lower 300s within a week's time.

[hdbuck]

meh i think we hit major resistance.

[ChartBuddy]

Explanation

[coinableS]

I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.

Has there ever been a documented sighting of this dump taking place anywhere ever in human history?

Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing?

Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little.

It is big in America, but for some reason people think that Coinbase and Bitpay operate with zero capital on hand. They believe every time some one buys or sells then coinbase and bitpay have to run to the exchanges to get the BTC or fiat creating this imaginary retailer dump they are waiting for.  

Copied and noted for later shaming when price is in the lower 300s within a week's time.

If there's a dump within a week's time it will be from the Dec 4th auction, not a retailer dump.

[Newbie1022]

I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.

Has there ever been a documented sighting of this dump taking place anywhere ever in human history?

Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing?

Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little.

It is big in America, but for some reason people think that Coinbase and Bitpay operate with zero capital on hand. They believe every time some one buys or sells then coinbase and bitpay have to run to the exchanges to get the BTC or fiat creating this imaginary retailer dump they are waiting for.  

Copied and noted for later shaming when price is in the lower 300s within a week's time.

If there's a dump within a week's time it will be from the Dec 4th auction, not a retailer dump.

You're right... upper 200s. Have fun losing your money, jack---. See, I can be a hostile a--hole, too. By the way, why are all of the hodlers always in the speculation section b----ing about traders. Do they not know how to read? Is the world speculation merely beyond their vocabulary. One amongst many mysteries.

[adamstgBit]

the next 24 hours are absolutely critical

[ejinte]

Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

Yes

nope

maybe

[dreamspark]

You're right... upper 200s. Have fun losing your money, jack---. See, I can be a hostile a--hole, too. By the way, why are all of the hodlers always in the speculation section b----ing about traders. Do they not know how to read? Is the world speculation merely beyond their vocabulary. One amongst many mysteries.

Want a chance to put your money where your mouth is? 5BTC says we dont go to upper 200's within a week.

[ejinte]

the next 24 hours are absolutely critical

if Adam says it it's true

[LFC_Bitcoin]

the next 24 hours are absolutely critical

500 USD I heard.

[coinableS]

You're right... upper 200s. Have fun losing your money, jack---. See, I can be a hostile a--hole, too. By the way, why are all of the hodlers always in the speculation section b----ing about traders. Do they not know how to read? Is the world speculation merely beyond their vocabulary. One amongst many mysteries.

Want a chance to put your money where your mouth is? 5BTC says we dont go to upper 200's within a week.

lol I'll give him 2 weeks on that. He's clearly stuck in a bad short and raging in the forum. I closed all my shorts in October when indicators suggested we were approaching a trend reversal. Since then longs have been working out very well.

[NotLambchop]

Public Service Announcement:





  ~Your Beneficent Reptilian Overlords.

[magicmexican]

the next 24 hours are absolutely critical

if Adam says it it's true

Pretty much confirmed that next 24h will decide if btc will hit 100k or go to 0, so stay tuned

[Newbie1022]

Bitcoins -- eaten by superhero bunny rabbits who proceed to s--- out rainbows... and other cultist mythologies.

Suggested Cultist Reading:

http://www.amazon.com/Dow-2008-Different-This-Time/dp/1893958701/ref=cm_cr_pr_product_top

http://www.amazon.com/Real-Estate-Boom-Will-Bust/dp/0385514352/ref=sr_1_11?s=books&ie=UTF8&qid=1417198518&sr=1-11&keywords=buy+real+estate+boom

[Newbie1022]

You're right... upper 200s. Have fun losing your money, jack---. See, I can be a hostile a--hole, too. By the way, why are all of the hodlers always in the speculation section b----ing about traders. Do they not know how to read? Is the world speculation merely beyond their vocabulary. One amongst many mysteries.

Want a chance to put your money where your mouth is? 5BTC says we dont go to upper 200's within a week.

lol I'll give him 2 weeks on that. He's clearly stuck in a bad short and raging in the forum. I closed all my shorts in October when indicators suggested we were approaching a trend reversal. Since then longs have been working out very well.

$379.0741  $434.4529   -$2.16 -0.112%  -0.00  Daily    Close  Claim

Yea... seriously bad short... I really don't know what I'm going to do. Jack---

I'll probably just ride the price down and spend the next weeks and months mocking you while you lose all of your money, have your girlfriend or wife leave you, and proceed to live under a bridge somewhere mumbling some s--- to yourself about decentralization and how you don't want government regulation. Yea, I think that's probably what I'm going to proceed to do from here on out. Why? Because you all have been a total prick to me and you're all really stupid. Your IQs border on immeasurable.

[N12]

a couple of tor sites seized =/= entire system collapsing/being government seized

put the Drama-Queen Mode: Off

It's bad. If you don't have a black market, a market that draws consumer demand but where the vendors don't convert all of their proceeds into fiat, then what are you left with? Major retailers (who dump the second somebody spends their coins) and Wall Street (who can make a hell of a lot more money through dumping than pumping... it's easier, less risky, and very lucrative to sabotage).

It's bad. It may actually work to your benefit in the short-term, but it is very bad and getting worse -- that much be said.

I'm not going to advertise their names, but if you think there are no more (established) Bitcoin taking darknet market places, you are mistaken.

There are. It still doesn't make bad news good news. It makes bad news less bad news unless you expect those other sites to absorb 100% of the SR 2.0, et. al. customer base. Also, at what point do those other sites just decide it's not worth it or get shut down themselves (OpenBazaar might be promising on this front as they are better equipped for evading authorities). I guess I am just saying... don't skip down the street and declare something poignantly bearish as bullish... don't be delusional.

[Newbie1022]

a couple of tor sites seized =/= entire system collapsing/being government seized

put the Drama-Queen Mode: Off

It's bad. If you don't have a black market, a market that draws consumer demand but where the vendors don't convert all of their proceeds into fiat, then what are you left with? Major retailers (who dump the second somebody spends their coins) and Wall Street (who can make a hell of a lot more money through dumping than pumping... it's easier, less risky, and very lucrative to sabotage).

It's bad. It may actually work to your benefit in the short-term, but it is very bad and getting worse -- that much be said.

I'm not going to advertise their names, but if you think there are no more (established) Bitcoin taking darknet market places, you are mistaken.

There are. It still doesn't make bad news good news. It makes bad news less bad news unless you expect those other sites to absorb 100% of the SR 2.0, et. al. customer base. Also, at what point do those other sites just decide it's not worth it or get shut down themselves (OpenBazaar might be promising on this front as they are better equipped for evading authorities). I guess I am just saying... don't skip down the street and declare something poignantly bearish as bullish... don't be delusional.

That didn't cause the price spike. There was talk about OKCoin taking on some major hedge fund trades -- supposedly something like $3 billion. However, it turned out that, although they were using OKCoin's platform, they weren't looking to trade in Bitcoins. Well, before they could get the details, everybody in China freaked out and tried to get ahead of the wave. Most people in the West didn't know what the hell was going on... and then, it all went back down  to $340. So, yea... that's the one bad trade I've made in months and it was a one-off. So... gently go f--- yourself.