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

[greenlion]

I wish I could wish you all a Merry Christmas with fat trading profits... but I can't, since one trader's profit is another trader's loss.

Sadly, there's really nothing anybody can do with this level of stupidity.

[1714964592]

1714964592

[1714964592]

1714964592

[JorgeStolfi]

Sadly, there's really nothing anybody can do with this level of stupidity.

Merry Christmas to you too.

[Elwar]

May Satoshinta leave many bitcoins in your wallet on Christmas morning.

[ChartBuddy]

Explanation

[silverfuture]

Merry Christmas to everyone here after a LONG YEAR in bitcoin.

Can't wait to see what 2015 has in store for us.

[aminorex]

Monero is junk.

I am convinced, by facts and logic, that it is the best investment on the planet at this time.  If it goes lower, it becomes even better.

Fact:  U.N. estimates global black market at 2 tn USD in 2012.
Fact:  PQ=MV
Fact:  Cryptonote is the only dark transaction protocol providing useful levels of unlinkability and untraceability.
Fact:  XMR is the leading cryptonote coin by orders of magnitude in liquidity.
Fact:  XMR is not usable by non-technical persons without trusting a web wallet today, but will be when GUI, DB, and multi-sig are officially released.
Logic: Dark markets will adopt the best usable privacy and hence PQ is assured to approach some fraction of 2tn
Fact:  Multinational corporations require to maintain secrecy in their internal cross-border transactions.
Logic: When XMR liquidity is high enough, it will be adopted by multinational corporations for internal cross-border transactions
Fact:  Nation-states and the central banks which own them seek to enslave the planet, taking control of financial assets at will.
Logic: Wealth will migrate to dark storage, and when XMR has sufficient liquidity, it will be the dominant form of dark storage.

There is a clear three stage path from miniscule to gigantic, each step of which bears a fundamental inevitability.  It is possible although unlikely for an alternative dark ledger to take the lead, but until then, XMR has the most asymmetric risk/return in the history of finance.

[Fatov]

We must wait, the price is stable now

[findftp]

We must wait sell, the price is not stable now much longer

There, fixed it for you

[Wandererfromthenorth]

How touching, perma-bears and perma-bulls saying "Merry Christmas" to each other 


No but jokes aside, Merry Christmas to you all, and follow this good advice: 

(...)there are more important things in life, you know - family, love, happiness  etc

[NotLambchop]

...
Fact:  Nation-states and the central banks which own them seek to enslave the planet, taking control of financial assets at will.
...

And we would have gotten away with it, too, if it weren't for you meddling kids!

[Wandererfromthenorth]

Monero is junk.

I am convinced, by facts and logic, that it is the best investment on the planet at this time.  If it goes lower, it becomes even better.

Fact:  U.N. estimates global black market at 2 tn USD in 2012.
Fact:  PQ=MV
Fact:  Cryptonote is the only dark transaction protocol providing useful levels of unlinkability and untraceability.
Fact:  XMR is the leading cryptonote coin by orders of magnitude in liquidity.
Fact:  XMR is not usable by non-technical persons without trusting a web wallet today, but will be when GUI, DB, and multi-sig are officially released.
Logic: Dark markets will adopt the best usable privacy and hence PQ is assured to approach some fraction of 2tn
Fact:  Multinational corporations require to maintain secrecy in their internal cross-border transactions.
Logic: When XMR liquidity is high enough, it will be adopted by multinational corporations for internal cross-border transactions
Fact:  Nation-states and the central banks which own them seek to enslave the planet, taking control of financial assets at will.
Logic: Wealth will migrate to dark storage, and when XMR has sufficient liquidity, it will be the dominant form of dark storage.

There is a clear three stage path from miniscule to gigantic, each step of which bears a fundamental inevitability.  It is possible although unlikely for an alternative dark ledger to take the lead, but until then, XMR has the most asymmetric risk/return in the history of finance.

The points you made and their relevance are questionable, but even if we accept them all:

-Dark Wallet is being developed for BTC. Once that works there is no point at all in adopting a lower liquidity lower confidence altcoin that will basically be a clone of BTC.
-Monero shares the same problems of Proof of Work coins (including BTC of course) so if BTC dies because of that (or any reason at all intrinsic to BTC), Monero is no different. If BTC survives and Dark Wallet can be used for anonymity on BTC, Monero will not have a purpose anymore.

[brg444]

Monero is junk.

I am convinced, by facts and logic, that it is the best investment on the planet at this time.  If it goes lower, it becomes even better.

Fact:  U.N. estimates global black market at 2 tn USD in 2012.
Fact:  PQ=MV
Fact:  Cryptonote is the only dark transaction protocol providing useful levels of unlinkability and untraceability.
Fact:  XMR is the leading cryptonote coin by orders of magnitude in liquidity.
Fact:  XMR is not usable by non-technical persons without trusting a web wallet today, but will be when GUI, DB, and multi-sig are officially released.
Logic: Dark markets will adopt the best usable privacy and hence PQ is assured to approach some fraction of 2tn
Fact:  Multinational corporations require to maintain secrecy in their internal cross-border transactions.
Logic: When XMR liquidity is high enough, it will be adopted by multinational corporations for internal cross-border transactions
Fact:  Nation-states and the central banks which own them seek to enslave the planet, taking control of financial assets at will.
Logic: Wealth will migrate to dark storage, and when XMR has sufficient liquidity, it will be the dominant form of dark storage.

There is a clear three stage path from miniscule to gigantic, each step of which bears a fundamental inevitability.  It is possible although unlikely for an alternative dark ledger to take the lead, but until then, XMR has the most asymmetric risk/return in the history of finance.

The points you made and their relevance are questionable, but even if we accept them all:

-Dark Wallet is being developed for BTC. Once that works there is no point at all in adopting a lower liquidity lower confidence altcoin that will basically be a clone of BTC.
-Monero shares the same problems of Proof of Work coins (including BTC of course) so if BTC dies because of that (or any reason at all intrinsic to BTC), Monero is no different. If BTC survives and Dark Wallet can be used for anonymity on BTC, Monero will not have a purpose anymore.

I'm not certain dark wallet can provide the same level of anonymity as Monero does.

[ChartBuddy]

Explanation

[FatherBob]

,
and
,
which pretty much means that

and don't celebrate Christmas either.
And that's why Huobi dumping continues.

  ~Rev. FatherBob

[ssmc2]

Y'all should take your ALT coin convos to the ALT section.

[mrkavasaki]

Dont fall for this trap. We all Know bitcoin will go to the Moon soon

[ChartBuddy]

Explanation

[Brewins]

,
and
,
which pretty much means that

and don't celebrate Christmas either.
And that's why Huobi dumping continues.

  ~Rev. FatherBob

they don't but they sell to western people that celebrate.

So it is not without effect for them

[coinableS]

Finex is dipping before launching.  Closing out those with tight stops. Look at that long wick, bears can't push this down even if they want to. Haha!

[JayJuanGee]

I wish I could wish you all a Merry Christmas with fat trading profits... but I can't, since one trader's profit is another trader's loss.

So let it be just a Merry Christmas with lots of joy, peace and wisdom instead. Especially wisdom. 

Yeah the substance of your post is really stupid, especially if, after over a year of studying bitcoin and posting your various bitcoin analysis, you still somehow believe that bitcoin is a zero sum game?