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

[BlindMayorBitcorn]

wow price dumped  

back to the  fair price

Fair price? Think lower, bro

oh dear... you were right, difficulty drop that changes everything... yep fair price is now 330-340  

I hope so

[phoenix1]

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Did you give him a slap?

That's forbidden

[NotLambchop]

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Technically it's not, but for all intents and purposes...

[empowering]

Talking of giving someone a slap

[coinableS]

wow price dumped  

back to the  fair price

Fair price? Think lower, bro

oh dear... you were right, difficulty drop that changes everything... yep fair price is now 330-340  

A 0.73% drop will equate to a price drop just like the 16% difficulty increase in September resulted in the price sky rocketing.

[cryyptc]

facinating read here peeps..puts the current fiat banking system in perspective

>>

http://www.deepblacklies.co.uk/rothbard.pdf

[Erdogan]

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Did you give him a slap?

That's forbidden

I could have told them there were no microphones in the room, and asked again.

[empowering]

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Did you give him a slap?

That's forbidden

I could have told them there were no microphones in the room, and asked again.

while secretly recording of course (evil) 

[NotLambchop]

Talking of giving someone a slap

Did you get bitchslapped by the invisible hand?  Not unexpected

[Erdogan]

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Did you give him a slap?

That's forbidden

I could have told them there were no microphones in the room, and asked again.

while secretly recording of course (evil) 

...or - these days you can't be sure. Spies everywhere.

[NotLambchop]

It's perfectly legal to buy Bitcoin in China

[ChartBuddy]

Explanation

[empowering]

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Did you give him a slap?

That's forbidden

I could have told them there were no microphones in the room, and asked again.

while secretly recording of course (evil) 

...or - these days you can't be sure. Spies everywhere.

  <locks self in black zip up bag>

[cbeast]

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Did you give him a slap?

No. He gave him his laundry.

[noobtrader]

this is what i had in mind whenever i read @notlampshop

[empowering]

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Did you give him a slap?

No. He gave him his laundry.

Hory sheet......racist  

[jonoiv]

http://usum.in/read/2014/12/bitcoin-holds-price-gains-as-vc-tim-draper-wins-all-bids-in-us-marshals-auction/


Tim Draper wins all bids apparently?!

Looks at the date and the number of coins ... that was the last auction ... sorry  

It's 29 mins old according to google.

I don't care how old the URL is ... read the article ... FAIL

EDIT : Or just believe it anyway and buy lots of coins cos a URL on google said so ... your call

The article was posed today.  that's actually a fact.  It had 6 views before me, and now it's 40 views.

One word = repost

(I could post the magna carta if I wanted to, still would not make it new(s))

No the article is from today.

It seems there are a lot of people posting that the auction was 30,000.  Just lots of people out there with blogs and thin on facts.

This guy says 30,000 and 27 bids.  He seems to have merged the facts from both auctions.
http://bitcointradingroom.com/2014/12/04/new-usms-bitcoin-auction-for-30000-btc-ends-price-could-be-above-market-rate/

He just copy/pasted from here.
https://www.cryptocoinsnews.com/new-usms-bitcoin-auction-for-30000-btc-ends-price-could-be-above-market-rate/

[NotLambchop]

this is what i had in mind whenever i read @notlampshop

It's all fun and games 'til somebody loses an eye...

[cbeast]

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Did you give him a slap?

No. He gave him his laundry.

Hory sheet......racist  

Yeah, the Chinese dude probably didn't like what the White Devil was saying.

[noobtrader]

wow price dumped  

back to the  fair price

Fair price? Think lower, bro

oh dear... you were right, difficulty drop that changes everything... yep fair price is now 330-340  

A 0.73% drop will equate to a price drop just like the 16% difficulty increase in September resulted in the price sky rocketing.

what will happen then, difficulty will keep dropping to maybe to 25-35 range until 2016 then doubled because of reward halving