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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20634. (Read 26707847 times)

newbie
Activity: 56
Merit: 0
The train is going to leave the station soon people!
"2) It's going to happen with or without you!"
Quote
Crypto is becoming mainstream! The ENTIRE ALT game and crypto game in general is changing.
14) Some people will be skeptical. That's because they don't "get it"
Quote
If I was you I would stock up on as much BTC as you possibly can now!
3) Ground-floor opportunity!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 910
Merit: 1003

That report may have got the facts right, but the interpretation is quite likely wrong.  In both 2013 bubbles (March and November) the price surged in China, while MtGOX and the Western exchanges struggled to follow.  The plot below shows te ratio of prices of other exchanges relative to Bitstamp:



MtGOX's price was 10% higher than Bitstamp's between July and November 2013, when MtGOX was delaying fiat withdrawals already.  However, during the rallies (and also during the December crash) China was clearly leading.  "Ground reports" like this one also confirm a Chinese source for the rally.
sr. member
Activity: 392
Merit: 250
The train is going to leave the station soon people!

Crypto is becoming mainstream! The ENTIRE ALT game and crypto game in general is changing.

If I was you I would stock up on as much BTC as you possibly can now!

I have this strong and inexplicable urge to plow my nest egg into Digibytes tho.


Did you buy bitshares?

Naw, I lost what was going to be the bitshares allocation at the Evolution Casino.
legendary
Activity: 1232
Merit: 1011
The train is going to leave the station soon people!

Crypto is becoming mainstream! The ENTIRE ALT game and crypto game in general is changing.

If I was you I would stock up on as much BTC as you possibly can now!

I have this strong and inexplicable urge to plow my nest egg into Digibytes tho.


Did you buy bitshares?
sr. member
Activity: 392
Merit: 250
The train is going to leave the station soon people!

Crypto is becoming mainstream! The ENTIRE ALT game and crypto game in general is changing.

If I was you I would stock up on as much BTC as you possibly can now!

I have this strong and inexplicable urge to plow my nest egg into Digibytes tho.
hero member
Activity: 672
Merit: 500
The train is going to leave the station soon people!

Crypto is becoming mainstream! The ENTIRE ALT game and crypto game in general is changing.

If I was you I would stock up on as much BTC as you possibly can now!
legendary
Activity: 1512
Merit: 1012
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

If I remember rightly that geezer was predicting an ETF 'soon' which has yet to happen. I guess he's properly connected though.
legendary
Activity: 1106
Merit: 1007
Hide your women
WillyBot would never have caused a bubble like the November 2013 spike on its own. China was primarily responsible for that pump. It's true that a mad rush for the exits from an exchange where only BTC withdrawals were possible caused buying, but only from those of us with fiat on the exchange.  Nobody in their right mind was sending fiat to Gox when there were so many options for buying cheaper elsewhere.

Krapeles was buying BTC with fake money to keep the illusion of solvency going, but he wouldn't have had to do that if their wasn't a demand for BTC external to EmptyGox.

It was also China's government hostility towards Bitcoin that contributed to the crash as much as the Goxxing.

it was a double whammy up and down. 
hero member
Activity: 672
Merit: 500
legendary
Activity: 1260
Merit: 1002
hero member
Activity: 672
Merit: 500
So excited to see this STRONG BTC price...SO MUCH OPPORTUNITY right now in this Cryptospace its UNREAL!


Gooo BTC!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1316
Merit: 1004
... Gox Bot myth.
Savvy investors agree:
...
I'm NOT joking.  I bought my first Bitcoin at that price - $1,201.35.  Actually to be more specific, I bought it on November 29, 2013 through a person I met through local bitcoins.  I bought in cash 1.2486 BTC for $1,500 USD.

That would make anyone cringe now thinking back on it... but hopefully with more of the "bullish" news coming out that the Chinese government might make bitcoin less restricted over there, and the fact that the halving is coming next year; we'll see a steady increase from here on out.  So hopefully JayJuanGee can make his money back if he hasn't already dumped his coins yet and holding on to them for better days ahead.
newbie
Activity: 56
Merit: 0
... Gox Bot myth.
Savvy investors agree:
...
I'm NOT joking.  I bought my first Bitcoin at that price - $1,201.35.  Actually to be more specific, I bought it on November 29, 2013 through a person I met through local bitcoins.  I bought in cash 1.2486 BTC for $1,500 USD.
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