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

[J3VVL]

There are still like less than 1% of those who have some of BTC within world population, that's just not enough after 5+ years from developement.

Adoption is not needed, Bitcoin is an asset primarily for the (very) wealthy.

Blitz,
could not agree more.
Most of the movements in bitcoin prices stem from speculation and investment into it. it's very similar to Gold. Adoption is not so much needed. Meaning, not 100% of the worlds population have to have golden bracelets or rings or earrings. It's enough that 1% hoard it or sell it = like central banks and funds and hedge funds

For evidence of this, one only needs to have a look at https://bitcointalk.org/index.php?topic=337486.0. This fund has been buying thousands of BTC per week recently, pretty much absorbing 2 days of mining supply per week. Now imagine multiple such funds.

Adoption? Haha.

what is their wallet addy? i wanna see this

[Erdogan]

This is ladies and gentlemen, guys and gals!

[LFC_Bitcoin]

This is ladies and gentlemen, guys and gals!

Care to elaborate?

I see a bog standard 380

[RUEHL]

After this huge runup, possible red dildos in the forecast. 

[NotLambchop]

...
PS:
If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.
Satoshi Nakamoto, July 29, 2010

Shortly before realizing this forum was infested by lunatics and leaving it in disgust.

@cech4204a:  While macsga's senile dementia may seem amusing to you, goading him into his fits of inanity is, frankly, cruel.

Hilarious, but cruel nevertheless

[Erdogan]

This is ladies and gentlemen, guys and gals!

Care to elaborate?

I see a bog standard 380

Elaboration: Highest in three days. I have a short consciense span.

[catena5260]

We were supposed to be down and down due to black friday dumping.

Why reality is such a bitch that never cares about the way it is supposed to act?

[soullyG]

For instance; I could very well explain to you what a Hamiltonian expresses on a quantum harmonic oscillator, would you understand?

Mmmm that's some fine sweet talking right there, you really know how to treat a woman 

[NotLambchop]

Honest, this time will be different!

Willing to keep posting the same gif as long as you investment enthusiasts keep falling for the same gag

[macsga]

For instance; I could very well explain to you what a Hamiltonian expresses on a quantum harmonic oscillator, would you understand?

Mmmm that's some fine sweet talking right there, you really know how to treat a woman  

That's what my wife's constantly saying... she's a Mathematician.

[jonoiv]

For those whales looking for a new place to live.

You can buy your own country just off the UK coast.

http://www.sealandgov.org/about

http://en.wikipedia.org/wiki/Principality_of_Sealand

http://news.nationalgeographic.com/news/2007/01/070118-sealand.html


£1/2 a billion is not what it used to be

[Erdogan]

For those whales looking for a new place to live.

You can buy your own country just off the UK coast.

http://www.sealandgov.org/about

http://en.wikipedia.org/wiki/Principality_of_Sealand

http://news.nationalgeographic.com/news/2007/01/070118-sealand.html


£1/2 a billion is not what it used to be

Too clunky.

[jonoiv]

Massive spike incoming now.

EDIT: well maybe at midnight (GMT)

[NotLambchop]

For those whales looking for a new place to live.

You can buy your own country just off the UK coast.

http://www.sealandgov.org/about

http://en.wikipedia.org/wiki/Principality_of_Sealand

http://news.nationalgeographic.com/news/2007/01/070118-sealand.html


£1/2 a billion is not what it used to be

That rusting absurdity is as much a country as Bitcoin is money. 

[ChartBuddy]

Explanation

[catena5260]

For those whales looking for a new place to live.

You can buy your own country just off the UK coast.

http://www.sealandgov.org/about

http://en.wikipedia.org/wiki/Principality_of_Sealand

http://news.nationalgeographic.com/news/2007/01/070118-sealand.html


£1/2 a billion is not what it used to be

With half billion I could build a better and bigger platform than that one

[macsga]

For those whales looking for a new place to live.

You can buy your own country just off the UK coast.

http://www.sealandgov.org/about

http://en.wikipedia.org/wiki/Principality_of_Sealand

http://news.nationalgeographic.com/news/2007/01/070118-sealand.html


£1/2 a billion is not what it used to be

With half billion I could build a better and bigger platform than that one

I'd choose this one in Corfu instead... about the same lot: http://www.homegreekhome.com/en/sale_Detached_House_Corfu_town__Corfu_-l2425475

[JorgeStolfi]

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.

Yeah, JorgeStolfi has confirmed this several times.

Not quite... I just pointed out that the fatal sentence could also be interpreted as "the fund will use our software and/or servers", rather than "the fund will trade bitcoin at our exchange". 

However, since there was no further confirmation of the "will trade bitcoin" interpretation, and the price collapsed right away, I think that the alternative interpretation is now quite likely.

[prophetx]

For those whales looking for a new place to live.

You can buy your own country just off the UK coast.

http://www.sealandgov.org/about

http://en.wikipedia.org/wiki/Principality_of_Sealand

http://news.nationalgeographic.com/news/2007/01/070118-sealand.html


£1/2 a billion is not what it used to be

With half billion I could build a better and bigger platform than that one

Malta would be a better choice

[inca]

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.

Yeah, JorgeStolfi has confirmed this several times.

Not quite... I just pointed out that the fatal sentence could also be interpreted as "the fund will use our software and/or servers", rather than "the fund will trade bitcoin at our exchange".  

However, since there was no further confirmation of the "will trade bitcoin" interpretation, and the price collapsed right away, I think that the alternative interpretation is now quite likely.

Not very scientific of you stolfi. Unless you have actual evidence to suggest that this 3bn hedge fund is not going to use bitcoin on OKCOIN then well done on becoming an out and out FUD'er.