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

[NotLambchop]

dumps on Microsoft news, seems so bizarre-o world to me.

Accept the fact that Bitcoin is a purely speculative commodity, and you'll understand. 

[Dilla]

Dumps incoming, who's shorting?

[janos666]

Ah, who could have possibly thought that this dump is coming...? (Well, I reopened my short @354 which got auto-closed @350 during the MS-pump-bounce.)

Dumps incoming, who's shorting?

Hold you short position! Down to double digits! (No, not really, my target is more like 323-328 depending on how I see fit at the moment or if it auto-closes again in my sleep in the 340 region.)

[Wary]

The Microsoft news is good, but it won't lift the price. The shift will happen when companies will start paying salaries in bitcoins. That is the next generation of bitcoin adapters should be outsorcers and freelancers. Don't put your hopes in Wall-Street or Amazon, look at Accenture and Elance instead.

[N12]

Ah, who could have possibly thought that this dump is coming...? (Well, I reopened my short @354 which got auto-closed @350 during the MS-pump-bounce.)

Noone, because noone could have anticipated this based on history with PayPal, Dell, ...

Hope you enjoyed your little euphoric ejaculation. Now back to dire reality:

microsoft is accepting btc now. sell everything!

https://commerce.microsoft.com/PaymentHub/Help/Show/toc_link_no_50?lang=en-ca

Great, yet another way to sell Bitcoin for fiat.

[NotLambchop]

Gentlemen?

[janos666]

Noone, because noone could have anticipated this based on history with PayPal, Dell, ...

Hope you enjoyed your little euphoric ejaculation. Now back to dire reality:

No, not really. I honestly don't enjoy this. And I am very well aware that I was gambling here.
90% of my time in BTC I was a hoarder or a holder. The long downtrend mixed with these kind of irrationalities made me overly pessimistic.
So please, keep remind me I should not be blindly pessimistic. Thank you. (No sarcasm intended.)

BTW, I blame this little crash on Peter Schiff.

[only]

Microsoft spoiled everything AGAIN

[N12]

BTW, I blame this little crash on Peter Schiff.

No doubt about it, he has produced 1st class FUD. Good man.

For those who have yet to listen: https://www.youtube.com/watch?v=joBstnvvDFw&feature=player_detailpage

[abercrombie]

1_min_graph.gif     tinkerbell_laughing_pointing.gif 

[macsga]

I think we are going down again. Dollar is booming. Oil is going down.
We must all sell ALL our bitcoins and put our REAL money to the banks.
Where they will be safe...

You know what I mean right?

[Richy_T]

^Explain?  Do you mean phones not capable of running 3rd party software, or?

Nope.

http://www.oracle.com/technetwork/java/embedded/javame/index.html
http://en.wikipedia.org/wiki/Feature_phone

[criptix]

hate to say it, but the force seems to be strong in the bears atm  

[Dilla]

hate to say it, but the force seems to be strong in the bears atm  

Yea, it sucks. These times you either forget about bitcoin for a while and hodl, or try to play the game until us long term bulls can prevail again. It will take bitcoin time to mature and not be so easily manipulated by the large bearwhales. When billions-trillions come in, they will be washed up on the beach. 

[ChartBuddy]

Explanation

[NotLambchop]

^Explain?  Do you mean phones not capable of running 3rd party software, or?

Nope.

http://www.oracle.com/technetwork/java/embedded/javame/index.html
http://en.wikipedia.org/wiki/Feature_phone

Not sure I understand.  Are you saying that there are wallets developed for feature phones, or do you mean using a web wallet?
I don't know much anything about mobile dev. stuff.

[Richy_T]

^Explain?  Do you mean phones not capable of running 3rd party software, or?

Nope.

http://www.oracle.com/technetwork/java/embedded/javame/index.html
http://en.wikipedia.org/wiki/Feature_phone

Not sure I understand.  Are you saying that there are wallets developed for feature phones, or do you mean using a web wallet?
I don't know much anything about mobile dev. stuff.

Well, feature phones could use a web wallet but it is possible to develop j2me apps for them directly. I am not aware of any wallet apps currently available for feature phones but writing a client would not be too arduous and it would be quite straightforward to use, for example, Myceleium's BCCAPI which basically communicates with serialized java objects.

[NotLambchop]

.@Richy_T:  Thanks.

[macsga]

While I want the price to rise just as much as anyone, this does not change the fact that there are no technical indicators that suggest the price will rally before mid-2015

Mid 2015 is the new deadline?

Good to know.

nah man, its the next 24 hours that are critical

I want you to understand in full detail what 2015 will bring for bitcoin.

[JorgeStolfi]

The shift will happen when companies will start paying salaries in bitcoins.

If your last salary had been paid on Nov 11, the bitcoins you received then would be worth 4% less today.  But you could have paid your bills and filled your fridge on Nov 12, and that would have been as good as a 24% raise.

On the other hand, if your last salary had been paid on Nov 12, you would have lost money, no matter when you spent it -- as much as 22%, if you held it all until today.