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

[ErnieX]

This thread is remarkable, not only because of the amount of trolls but also for the inability of the rest to ignore those trolls. Come to think of it, that is probably why there are so many of them.

Right you just proven yourself to be part of one of those two groups, at least you failed to ignore.

We're probably gonna hit $290.

[NotLambchop]

326 USD on coindesk.
What's with all the excitement?

the candlestick... its big green, definitely rebound to 350.

Quoted for current and future amusement

[inca]

326 USD on coindesk.
What's with all the excitement?

the candlestick... its big green, definitely rebound to 350.

Finex has some eating to do first.

[Specular]

Anyone have any thoughts on Today's Bitcoin Bowl?

I see it as an opportunity for startups and the Bitcoin community to distribute tons of coins and get attention. It would have been wise for Bitpay to give every person in the stadium some coins. I know that there are a number of people and brands that will be dishing coins out over Twitter.

IMHO, 2014 has seen a ton of merchant adoption and hype - but bitcoin distribution and casual transactions are where the near-term Bitcoin opportunities lie. These take advantage of Bitcoin's unique properties better than using fiat to buy BTC just to buy things that can be bought with fiat (overstock, MSFT games etc).

[JimboToronto]

http://lambsblog.com/wp-content/uploads/2013/11/Zombie.jpg  (image display removed due to graphic asshattery)

what the f---? not remotely what i want to see at christmas, thats just wrong.

Sorry for the morbid picture, maybe this one is more appropriate for ole lamby?



From now on, only fabulous and positive vibes here.   

 

[shmadz]

Anyone have any thoughts on Today's Bitcoin Bowl?

For promotion they should have been handing out paper wallets, like scratch tickets so the private key is covered, and some instructions on the back. When you buy merchandise, you could show your wallet to the vendors and they could load some coin as kind of cash-back promotion...

[NotLambchop]

^JimboToronto, mind undone by years of erectile dysfunction pill abuse, turns to bestiality

[Son0fLamb]

^JimboToronto, mind undone by years of erectile dysfunction pill abuse, turns to bestiality

Why are old people so icky, papa?

[spooderman]

As a difficult, but early year in the emergence of bitcoin comes to a close - it continues to prosper into a more and more powerful network. The units themselves being described as worthless at only $320 by people apparently unaware of what $320 can buy.

If a blockchain can become healthy it will represent a huge amount of power - belonging to a necessarily huge number of people whose interests are simple yet predictably consistent.

Absolute domination becomes inevitable for the world's first and most sought after real change to the old, creaking, bloated, largely inaccessible, reckless and ultimately unnecessary banking paradigm. Not because it replaces it, but because it isn't constrained by limiting factors that have been overcome thanks to the internet and the solving of the Byzantine General's problem.

The anti-fragility of simplicity cannot be questioned.

[ChartBuddy]

Explanation

[brg444]

As a difficult, but early year in the emergence of bitcoin comes to a close - it continues to prosper into a more and more powerful network. The units themselves being described as worthless at only $320 by people apparently unaware of what $320 can buy.

If a blockchain can become healthy it will represent a huge amount of power - belonging to a necessarily huge number of people whose interests are simple yet predictably consistent.

Absolute domination becomes inevitable for the world's first and most sought after real change to the old, creaking, bloated, largely inaccessible, reckless and ultimately unnecessary banking paradigm. Not because it replaces it, but because it isn't constrained by limiting factors that have been overcome thanks to the internet and the solving of the Byzantine General's problem.

The anti-fragility of simplicity cannot be questioned.

+1

[Fatman3001]

This thread is remarkable, not only because of the amount of trolls but also for the inability of the rest to ignore those trolls. Come to think of it, that is probably why there are so many of them.

Right you just proven yourself to be part of one of those two groups, at least you failed to ignore.
 

Well, I was right then.

[NotLambchop]

...
The anti-fragility of simplicity cannot be questioned.

Bitcoin dogma

   ~disruptive paradigm shifting tipping point black swan technology, now 60% off!

[Richy_T]

if i had a place to put them, i'd probably still be running my little block erupter farm. bout 50 units, something like 15 ghash... but if my math was right, it was like a lightbulb worth of electricity. why not, ya know? course keeping my pc running 24/7 is another subject, but i do that frequently enough as it is for downloads...

Last time I tried mining (at the beginning of the asic thing), my hashing didn't even register on the pool's radar and I got nothing. 50 BEs may still be enough but that was over a year ago. I'd be interested to hear the results.

As to keeping your PC running, I believe you can use a R-Pi so that could cut down on power requirements pretty seriously.

[dwdoc]

Bitcoin Bowl Bounce?

[ElectricMucus]

As a difficult, but early year in the emergence of bitcoin comes to a close - it continues to prosper into a more and more powerful network. The units themselves being described as worthless at only $320 by people apparently unaware of what $320 can buy.

If a blockchain can become healthy it will represent a huge amount of power - belonging to a necessarily huge number of people whose interests are simple yet predictably consistent.

Absolute domination becomes inevitable for the world's first and most sought after real change to the old, creaking, bloated, largely inaccessible, reckless and ultimately unnecessary banking paradigm. Not because it replaces it, but because it isn't constrained by limiting factors that have been overcome thanks to the internet and the solving of the Byzantine General's problem.

The anti-fragility of simplicity cannot be questioned.

Not a cult, not a cult, not a cult!

[Newbie1022]

Bitcoin Bowl Bounce?

Yes. People are hoping greater fools will be entering the market. It should, however, be short-lived, though. In fact, this may actually be the impetus to push us below 300 by the start of the weekend. Why? Coins are going to be flying to non-bagholders to try to entice them to experiment with Bitcoin. In the short-term, more of these folks will look to unload them. Longer term, it might marginally increase adoption, though.

Still, even that is unlikely. We'll probably bounce to 340, bounce back to the 320s level... stay sideways for a while... and then decide on the next move.

[criptix]

With every new day my hope for 300 or sub 300 coins dies little by little

@newbie

But resistance is big this time

[inca]

With every new day my hope for 300 or sub 300 coins dies little by little

And thus, like a massive oil tanker the market slowly changes direction

[Newbie1022]

With every new day my hope for 300 or sub 300 coins dies little by little

@newbie

But resistance is big this time

Same thought... we've actually been trading in a fairly narrow range for a while, now. We definitely don't have the will or the volume to go up, but nobody is really willing to unload coins at this price. We probably saw the bottom, but the ceiling doesn't seem to be very high, either.