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

[NotLambchop]

This just in ...

President Obama told a press conference today that he is "madder than hell" and "no one is angrier than I am" after a routine test of new $100 billion software intended to allow him to play computer-simulated golf rounds accidentally triggered World War III.

The president told the assembled journalists he only found out about the war while watching the news on TV. The inadvertent conflict is expected to kill upwards of one billion people.

Strategic response:

[galdur]

[fonzie]

Update:



Update:

[galdur]

HMMMM... 2.064 CNY / mBTC

[inca]

Up up up!

[galdur]

Down 3% over the last three days. Just shorts covering for now.

[LFC_Bitcoin]

Up to 330 we go.

[KFR]

[inca]

Still 16500 potential open shorts on bfxdata.

[coa032]

400$ in next 7 days.

[galdur]

Take a look at a 24 hr. chart. Now; what could look more promising ?

And how often have you seen it quickly turn back to shit ?

[marcus_of_augustus]

How do we know Warren Buffett isn't investing in BTC?

If he's not happy with his holding yet & needs to add to it why the hell would he speak positively about BTC?
The price would shoot up & he'd penalise himself.

Warren Buffet's BH owns 10% of IBM ... yes the same IBM that is going hard on the Internet of Things and 'blockchain' tech.

Join the dots, the guy speaks with forked tongues on many markets.

[Hiro_Y3k]

It's happening. Short squeeze covering coming.

[galdur]

Big time buying to square some year-end books would be welcome.

[marcus_of_augustus]

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!

yes, and those internet users are such cultists too.

[galdur]

Well, six months ago most experts and mining gurus figured that

BTC would be at least $1000 by xmas so some big bankruptcies

in the mining world shouldn´t be that far off now.

I´m anticipating a huge bull run starting circa beginning of March.

[galdur]

Consolidation, bubble limps along for a couple months, then the big crash

[NotLambchop]

That graph!  Bitcoin has finally reached singularity!

[galdur]

So, since most experts and mining gurus six months ago expected BTC to be at

a thousand bucks by now, chances would seem to be excellent that mining BTC

is stupendously over-invested. Thoughts ?

[unent]

So, since most experts and mining gurus six months ago expected BTC to be at

a thousand bucks by now, chances would seem to be excellent that mining BTC

is stupendously over-invested. Thoughts ?

The mining hardware suppliers must have done stupendously well for the last six months.