Wall Observer - MtGoxUSD wall movement tracker

[notme]

bitcoind signmessage 1BqcwhKevdBKeos72b8E32Swjrp4iDVnjP "This guy isn't dumping, infact, I'm almost done buying another 10k."
INvmoMFnuf8cFdnsWkfxPnajvI2+rVN0lgqGDRMEz7eqSZrxMnOghoKP3/gW6xGPpuBaLKzofnmcSB6udvIHG94=

Yep, this is an authentic message.

https://blockexplorer.com/address/1BqcwhKevdBKeos72b8E32Swjrp4iDVnjP

Amount: 40000

/impressive

Ente

/fcked up linux system language, want english back

i know someone who is going to buy 10k also

to put this is another point of view he is a 40k seller he is not longer a bull when the only thing he can do is sell, the sentiment can be bullish but the only action he have is sell and if the price dont go up like expected guess what .....

bull that are already in the market= bears, few ppl get this   

B.S.

Selling BTC for fiat is far from the only action you can take with it.  If you see that as the only option, you are treating BTC like a ponzi.

[ElectricMucus]

Selling BTC for fiat is far from the only action you can take with it.  If you see that as the only option, you are treating BTC like a ponzi.

Lots of people do.

SADLY.

[adamstgBit]

Selling BTC for fiat is far from the only action you can take with it.  If you see that as the only option, you are treating BTC like a ponzi.

Lots of people do.

SADLY.

Thankfully, notme, me, and alot of other people don't 

Bold Prediction
Walls evaporate, Pressure builds, New highs set!

[myself]

Selling BTC for fiat is far from the only action you can take with it.  If you see that as the only option, you are treating BTC like a ponzi.

i see it on the same way i see AUD EUR USD CHF GBP JPY and few other currency, money will give only 2 options buy or sell nothing more nothing less, even if there are a average of 18 000 products and services available to trade, on the market there are the same 2 options buy or sell and if you already did buy the only left option is to sell


your line show the little you understand about money and how the money works

[robocoin]

Selling BTC for fiat is far from the only action you can take with it.  If you see that as the only option, you are treating BTC like a ponzi.

Lots of people do.

SADLY.

Thankfully, notme, me, and alot of other people don't 

Bold Prediction
Walls evaporate, Pressure builds, New highs set!

But what else? Buing overpriced weed on SR? So stupid. I use it to horde some savings (anual taxes, XD). But I can't buy anything exept for VPS and some overpriced electronics. Burgers and beer in Berlin and alpaka socks? I belive in Bitcoin, I want Bitcoin in the future. I need more than Wordpress to accept BTC, to talk so naive about money. I also like lol cats and stoned penguins.

[notme]

Selling BTC for fiat is far from the only action you can take with it.  If you see that as the only option, you are treating BTC like a ponzi.

i see it on the same way i see AUD EUR USD CHF GBP JPY and few other currency, money will give only 2 options buy or sell nothing more nothing less, even if there are a average of 18 000 products and services available to trade, on the market there are the same 2 options buy or sell and if you already did buy the only left option is to sell


your line show the little you understand about money and how the money works

See bold.

Besides, most people see "selling" bitcoins for goods as trading.  It's a terminology difference, and has nothing to do with my understanding of money.  But thanks for letting me know you don't hold yourself to a high level of discourse and aren't afraid to use ad hominem attacks.

[notme]

Selling BTC for fiat is far from the only action you can take with it.  If you see that as the only option, you are treating BTC like a ponzi.

Lots of people do.

SADLY.

Thankfully, notme, me, and alot of other people don't 

Bold Prediction
Walls evaporate, Pressure builds, New highs set!

But what else? Buing overpriced weed on SR? So stupid. I use it to horde some savings (anual taxes, XD). But I can't buy anything exept for VPS and some overpriced electronics. Burgers and beer in Berlin and alpaka socks? I belive in Bitcoin, I want Bitcoin in the future. I need more than Wordpress to accept BTC, to talk so naive about money. I also like lol cats and stoned penguins.

Lets see.... mobile payments, international payments, and anonymous payments are the big three.  Try sending $50,000 to your supplier in China with the traditional banking system and see how much it costs you in both time and fees.  Now try the same thing with bitcoin.

[myself]

See bold.

Besides, most people see "selling" bitcoins for goods as trading.  It's a terminology difference, and has nothing to do with my understanding of money.  

trading for good and services is increases the money velocity and that increase the price inflation, you are better off using fiat since the monetary mas is better established

[notme]

See bold.

Besides, most people see "selling" bitcoins for goods as trading.  It's a terminology difference, and has nothing to do with my understanding of money.  

trading for good and services is increases the money velocity and that increase the price inflation, you are better off using fiat since the monetary mas is better established

Right, use fiat and wait 4 days for the damn transfer to clear.  You have a point with cash, but digital transactions with fiat are way too fucking slow.

[molecular]

thanks fcmatt, keep selling us your coins. are you done mining onces having / asics hits?

I am going to keep mining with the gpus until diff rises much higher.

The block reward halving, from the perspective of a miner, is as if the difficulty were to double.  No?

short term, yes, but the smaller miners are probably going to drop off more, as well as those with high power costs so the diff should adjust down a bit before asic hits.

I have the slight suspicion some ASICs might've come online during the last couple of days:



It's just a suspicion, but the hashrate should actually drop rather than rise, no?

Of course it might just be noise or more GPU rigs coming online for some reason.

GPU miners switching off provides great cover for secretly testing ASIC devices, what better time to do it?

[adamstgBit]

thanks fcmatt, keep selling us your coins. are you done mining onces having / asics hits?

I am going to keep mining with the gpus until diff rises much higher.

The block reward halving, from the perspective of a miner, is as if the difficulty were to double.  No?

short term, yes, but the smaller miners are probably going to drop off more, as well as those with high power costs so the diff should adjust down a bit before asic hits.

I have the slight suspicion some ASICs might've come online during the last couple of days:



It's just a suspicion, but the hashrate should actually drop rather than rise, no?

Of course it might just be noise or more GPU rigs coming online for some reason.

GPU miners switching off provides great cover for secretly testing ASIC devices, what better time to do it?

everyone wanted to get in as much mining b4 the reward halving?

its likely that some beta ASICs are being "stress tested"  

[molecular]

Selling BTC for fiat is far from the only action you can take with it.  If you see that as the only option, you are treating BTC like a ponzi.

i see it on the same way i see AUD EUR USD CHF GBP JPY and few other currency, money will give only 2 options buy or sell nothing more nothing less, even if there are a average of 18 000 products and services available to trade, on the market there are the same 2 options buy or sell and if you already did buy the only left option is to sell


your line show the little you understand about money and how the money works

See bold.

myself has a point, though: buying something with BTC almost always boils down to selling BTC effectively (because the merchant will usually have to do just that).

@myself: if you already did buy, you still have both options: sell or buy more.

[kentrolla]

put on your seatbelts

[robocoin]

put on your seatbelts

[420]

http://www.reddit.com/r/Bitcoin/comments/13xpth/hooraaaay_here_is_the_first_25_btc_block/

Who mined the first 25BTC block?

[fcmatt]

I treat bitcoin like a ponzi. I will admit it.
I think bitcoin will start declining in a few years and fade away.
Something else will replace it that will cause people to shift to it.
Internet folks are very fickle. So I will take as much as I can take and give nothing back.

See them apples? you like them.

[ElectricMucus]

put on your seatbelts

lol'd

[myself]

Right, use fiat and wait 4 days for the damn transfer to clear.  You have a point with cash, but digital transactions with fiat are way too fucking slow.

that because the lack of private and competing clearing houses and they are catching up with that, there are instant and hourly clearing for national transfers in some country's

bah we go far off topic 

[thezerg]

I treat bitcoin like a ponzi. I will admit it.
I think bitcoin will start declining in a few years and fade away.
Something else will replace it that will cause people to shift to it.
Internet folks are very fickle. So I will take as much as I can take and give nothing back.

See them apples? you like them.

Once upon a time I worked for a startup that was purchased for 250M USD in cash.  This was around 1999.  We just had to park our *sses at the parent company for a year or two waiting for our options to mature and pay out of escrow. 

One individual was sitting on 1M USD but he chose to LEAVE that money and become the first engineering hire in a new startup.  The company was a *SURE* thing...  until the market imploded.  5 years later I (and many of the same engineers) were working for another startup and it turned out the company he went to was trying to re-purpose their product to compete in our space.  They failed, we were sold for 100+M.

You may think BTC will fade away, but I hope you have the foresight to save at least 10%-25% just for your own mental stability a few years from now...

[fcmatt]

I treat bitcoin like a ponzi. I will admit it.
I think bitcoin will start declining in a few years and fade away.
Something else will replace it that will cause people to shift to it.
Internet folks are very fickle. So I will take as much as I can take and give nothing back.

See them apples? you like them.

Once upon a time I worked for a startup that was purchased for 250M USD in cash.  This was around 1999.  We just had to park our *sses at the parent company for a year or two waiting for our options to mature and pay out of escrow. 

One individual was sitting on 1M USD but he chose to LEAVE that money and become the first engineering hire in a new startup.  The company was a *SURE* thing...  until the market imploded.  5 years later I (and many of the same engineers) were working for another startup and it turned out the company he went to was trying to re-purpose their product to compete in our space.  They failed, we were sold for 100+M.

You may think BTC will fade away, but I hope you have the foresight to save at least 10%-25% just for your own mental stability a few years from now...

It is thinking like this that is definitely causing me to cash out every few days.
Too speculative for my taste. When you hear talk like this, like hearing an elevator operator in 1929 discussing wall st,
you head for the hills.