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

[FatherBob]

^
Breaks my heart to watch you sick bitcoin sodomites suffer.  Anything I can do for yall?
Some milk & cookies?  A friendly shoulder to sob on?  Kleenex?
I'm a certified DD, a trained and registered member of the clergy.  Fully bonded and licensed to practice in the Lower 48.

Your virtual spiritual adviser,
  ~Rev. FatherBob

[ChartBuddy]

Explanation

[janos666]

I just sold my 6001 (minus the mandatory 20) free STR for 0.205 BTC -> How can they keep up that pump with people like me (or worse, I could have had several giveaway entries, there was no identity check)?

In the meantime, Huobi seemed to gear up for a big dump but still nothing.

[JimboToronto]

I'm a certified DD, a trained and registered member of the clergy.  Fully bonded and licensed to practice in the Lower 48.

Which religion?

This place is chock full of money changers, the only people who drove the otherwise tolerant and pacifist Jesus of Nazareth to assault with a weapon.

John 2:15

Pretty thin ice for a man of the Christian cloth. I commend you for your sacrifice in exposing yourself to this debauchery.

 

[God27]

I just sold my 6001 (minus the mandatory 20) free STR for 0.205 BTC -> How can they keep up that pump with people like me (or worse, I could have had several giveaway entries, there was no identity check)?

In the meantime, Huobi seemed to gear up for a big dump but still nothing.

I sold 10000 yesterday.  I guess its China buying?  Jed buying str with all his xrp's. Everyone is going to sell str when they get it for free in the giveaway next month as well.  Idk how its going up.

[ChartBuddy]

Explanation

[billyjoeallen]

Ah, stability. This is what I love to see. The near-perfect balance between greed and fear. With world financial markets in turmoil, Bitcoin is the port in the storm.

Go ahead, fear-mongers and try to tear down that $300 wall. I dare you. You will unleash a beast that is growing restless in his cage. I have never been short in four years of holding Bitcoin and I am just aching to close that position on your asses.

Your move, Gentlemen.

[Torque]

Hey, where's Blitz and all the other condescenders to scream "Shut up ya'll, everything with bitcoin is going just greeeeaaaaat!" 

[N12]

Hey, where's Blitz and all the other condescenders to scream "Shut up ya'll, everything with bitcoin is going just greeeeaaaaat!" 

STFU, Bitcoin is going great. The longer and more severe the bear market, the rosier the future.

Although admittedly there's one threat, and it's if Ripple continues its ascent while Bitcoin falls.

[Torque]

Hey, where's Blitz and all the other condescenders to scream "Shut up ya'll, everything with bitcoin is going just greeeeaaaaat!" 

STFU, Bitcoin is going great. The longer and more severe the bear market, the rosier the future.

Although admittedly there's one threat, and it's if Ripple continues its ascent while Bitcoin falls.

Even I, a bull who's faith is starting to be tested, finds your response completely and utterly delusional.  Especially if you think Ripple is any real threat to bitcoin just because it's being pumped (and very soon to be dumped).  Btw, how old are you?  That will tell me a whole lot.

[podyx]

Ah, stability. This is what I love to see. The near-perfect balance between greed and fear. With world financial markets in turmoil, Bitcoin is the port in the storm.

Go ahead, fear-mongers and try to tear down that $300 wall. I dare you. You will unleash a beast that is growing restless in his cage. I have never been short in four years of holding Bitcoin and I am just aching to close that position on your asses.

Your move, Gentlemen.

Isn't it you who said you were short and had a good cold storage stash so it didn't matter if price went up or down?

Are you saying bitcoin will collapse if we go sub $300 or what?

[ChartBuddy]

Explanation

[billyjoeallen]

Ah, stability. This is what I love to see. The near-perfect balance between greed and fear. With world financial markets in turmoil, Bitcoin is the port in the storm.

Go ahead, fear-mongers and try to tear down that $300 wall. I dare you. You will unleash a beast that is growing restless in his cage. I have never been short in four years of holding Bitcoin and I am just aching to close that position on your asses.

Your move, Gentlemen.

Isn't it you who said you were short and had a good cold storage stash so it didn't matter if price went up or down?

Are you saying bitcoin will collapse if we go sub $300 or what?

Nope, not saying that at all. Bitcoin cannot collapse as long as there are two or more bidders. If bitcoin goes down to a fraction of a cent and I end up owning all of them and nobody wants to buy them, I consider that a win, like a poker player with all the chips at the end of the game. But that won't happen. Capital is fleeing Russia right now and all of the non-oligarchs have only one way to evade capital controls. Care to guess what that one way is? Every day the ruble sinks against the dollar, and Bitcoin stays more or less stable in dollar terms, bitcoin goes up in value relative to the Russian currency.

Cypress will be nothing compared to what's coming. That's why what I want most is stability right now. Crickets are my friends.

[David M]

Although admittedly there's one threat, and it's if Ripple continues its ascent while Bitcoin falls.

Why would the price of Ripple rise above the price of the minimum Bitcoin transaction fee?
It's an IOU anti-spam token.

[God27]

Although admittedly there's one threat, and it's if Ripple continues its ascent while Bitcoin falls.

Why would the price of Ripple rise above the price of the minimum Bitcoin transaction fee?
It's an IOU anti-spam token.

Here we go again with ripple on this thread.  XRP is the only thing on the ripple protocol that isn't an IOU.  It is there for anti spam though.

[crazy-pilot]

I think we will see a high-mid 200$ range very soon, after that, it all depends on our regular consumer getting into Bitcoin. It's funny to hear my mom suddenly talk about it, I think that's a good thing.

[podyx]

Ah, stability. This is what I love to see. The near-perfect balance between greed and fear. With world financial markets in turmoil, Bitcoin is the port in the storm.

Go ahead, fear-mongers and try to tear down that $300 wall. I dare you. You will unleash a beast that is growing restless in his cage. I have never been short in four years of holding Bitcoin and I am just aching to close that position on your asses.

Your move, Gentlemen.

Isn't it you who said you were short and had a good cold storage stash so it didn't matter if price went up or down?

Are you saying bitcoin will collapse if we go sub $300 or what?

Nope, not saying that at all. Bitcoin cannot collapse as long as there are two or more bidders. If bitcoin goes down to a fraction of a cent and I end up owning all of them and nobody wants to buy them, I consider that a win, like a poker player with all the chips at the end of the game. But that won't happen. Capital is fleeing Russia right now and all of the non-oligarchs have only one way to evade capital controls. Care to guess what that one way is?

Doesn't make sense how you would want useless numbers on a computer. Why not buy a bunch of dogecoin or some other useless altcoin if that is your goal?

I can see some people wanting a bunch of useless dollars if it were to hyperinflate, cuz it looks cool and you see it in all the movies but bitcoin, a bunch of useless numbers on a screen? Why?

Looks like the capital fleeing from russia is going into ripple by the looks of it.

[God27]

Ah, stability. This is what I love to see. The near-perfect balance between greed and fear. With world financial markets in turmoil, Bitcoin is the port in the storm.

Go ahead, fear-mongers and try to tear down that $300 wall. I dare you. You will unleash a beast that is growing restless in his cage. I have never been short in four years of holding Bitcoin and I am just aching to close that position on your asses.

Your move, Gentlemen.

Isn't it you who said you were short and had a good cold storage stash so it didn't matter if price went up or down?

Are you saying bitcoin will collapse if we go sub $300 or what?

Nope, not saying that at all. Bitcoin cannot collapse as long as there are two or more bidders. If bitcoin goes down to a fraction of a cent and I end up owning all of them and nobody wants to buy them, I consider that a win, like a poker player with all the chips at the end of the game. But that won't happen. Capital is fleeing Russia right now and all of the non-oligarchs have only one way to evade capital controls. Care to guess what that one way is?

Doesn't make sense how you would want useless numbers on a computer. Why not buy a bunch of dogecoin or some other useless altcoin if that is your goal?

I can see some people wanting a bunch of useless dollars if it were to hyperinflate, cuz it looks cool and you see it in all the movies but bitcoin, a bunch of useless numbers on a screen? Why?

Looks like the capital fleeing from russia is going into ripple by the looks of it.

There's no way for Russia to get into ripple right now.  However, ripple signed a bank Fidor which has an office in Russia.  So maybe one day but right now its not the ruble going into XRP.

Corrupt CNBC
Russians move into bitcoin as ruble tanks
http://www.cnbc.com/id/102275772

[ejinte]

Looks like the capital fleeing from russia is going into ripple by the looks of it.

[podyx]

Looks like the capital fleeing from russia is going into ripple by the looks of it.

  I know this is a stupid statement but it definately ain't looking like any money of significant amount is going into bitcoin

And about the cnbc article, 800 trades a day is nothing. You can see more trades on chinese exchanges in less then 5 minutes even in the quietest of times

Perhaps we'll see more of an impact as the ruble contionues to rot in rapid speed but there's not really any sign of that.