Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20583.

Agaguk24

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Quote from: belmonty on October 23, 2015, 04:20:09 PM

Quote from: rjclarke2000 on October 23, 2015, 04:13:44 PM

Quote from: Wekkel on October 23, 2015, 04:11:31 PM

It feels like the old days.

Major Alts are lagging like hell while Bitcoin (modestly) soars. A good sign, I would say.

What am I missing? I see Bitcoin at $276.

Soars?

For most of the past week the alts were mostly dropping in price while Bitcoin went up in price. It was almost as if people were dumping their alts to but Bitcoin, which was a nice turnaround. People usually dump Bitcoin to buy the latest flavor of the month alt that's being pumped.

Soaring - skyrocketing - Its a nice turnaround indeed, but hardly comparable to the excitement we have seen in 2013 and 2014....

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Flippin' burgers since 1163.

Quote from: belmonty on October 23, 2015, 04:20:09 PM

People usually dump Bitcoin to buy the latest flavor of the month alt that's being pumped.

Are you talking about the 11% IN TOTAL invested alt coins?

http://coincap.io/#/ (Bitcoin Dominance Index 89%)

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belmonty

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Quote from: rjclarke2000 on October 23, 2015, 04:13:44 PM

Quote from: Wekkel on October 23, 2015, 04:11:31 PM

It feels like the old days.

Major Alts are lagging like hell while Bitcoin (modestly) soars. A good sign, I would say.

What am I missing? I see Bitcoin at $276.

Soars?

For most of the past week the alts were mostly dropping in price while Bitcoin went up in price. It was almost as if people were dumping their alts to but Bitcoin, which was a nice turnaround. People usually dump Bitcoin to buy the latest flavor of the month alt that's being pumped.

rjclarke2000

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(Slightly) skyrockets

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Quote from: Wekkel on October 23, 2015, 04:11:31 PM

It feels like the old days.

Major Alts are lagging like hell while Bitcoin (modestly) soars. A good sign, I would say.

What am I missing? I see Bitcoin at $276.

Soars?

Wekkel

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yes

It feels like the old days.

Major Alts are lagging like hell while Bitcoin (modestly) soars. A good sign, I would say.

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Globb0

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Free spirit

Are the institutionalised investors in now?

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: ?? on ??

$300 printing up ~ could we see $420 party ... Soon™ Cool

lol

We need to receive some free beers from Adam, to inspire us. Wink

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Quote from: Cconvert2G36 on October 23, 2015, 03:39:03 PM

15m bitstamp looks ripe

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JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: JorgeStolfi on October 23, 2015, 08:09:51 AM

Quote from: _biO_ on October 23, 2015, 05:45:37 AM

Quote from: infofront on April 16, 2013, 05:32:22 PM

Posting guild lines:
Please lets keep this thread clean. ( I will be removing any off topic posts )

The only reason why this thread has outlived all the others on bitcointalk is that the "topic" extends from the walls at least fifty miles in every direction, so it is pretty hard to get "off" it.

That's true. We are all over the place.

But then again, bitcoin is really a paradigm shifting development that has the potential to touch upon and affect all aspects of life.

Wink

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Quote from: Tzupy on October 23, 2015, 01:42:08 PM

https://www.cryptocoinsnews.com/chinas-cyberspace-administration-acknowledges-bitcoin/
But the CAC is NOT the PBoC, so it was kind of "buy the rumor" thing. I expect sometime in the next weeks an official statement of the PBoC on this. Wink

The thing is I would say the CAC is probably more political and hardline than the PBoC, afterall these are the guys responsible for the great firewall of China. The PBoC is more concerned with economic matters and not civil freedoms. If the CAC is saying it's okay then you might as well accept the Chinese government itself is endorsing it.

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tarmi

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yeap, chinese gov unbanned something that got banned like 10 times. Roll Eyes

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Quote from: JorgeStolfi on October 23, 2015, 08:15:56 AM

...
My guess is that the month-long rise from ~220 to ~270 was due to MMM's "Republic of Bitcoin" ponzi, while the spike to ~280 over the last two days was due to the VAT decision.
It seems that the VAT news have already been forgotten. "Wat VAT?" Cheesy

Most of the rise was a normal market movement after the rather deep correction before.
But the huge buys in China are probably related to this, interpreted as bullish news (authorities friendly towards bitcoin):
https://www.cryptocoinsnews.com/chinas-cyberspace-administration-acknowledges-bitcoin/
But the CAC is NOT the PBoC, so it was kind of "buy the rumor" thing. I expect sometime in the next weeks an official statement of the PBoC on this. Wink

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Marketing manager - GO MP

Quote from: oda.krell on October 23, 2015, 12:31:14 PM

story time

Just stumbled over a private tracker site that I thought about signing up for. Polish, pretty active by the looks of it. They ask for a 0.01 BTC sign up contribution. Not overly greedy, which I liked. Made me grin as well. Just like that, some millennials over in Poland, asking me "Want to sign up? Send us a small amount of BTC, it's hassle free and doesn't get blocked."

I don't really care much whether the ETF starts trading this year or not, or if the sound money zealots will have their field day anytime soon. As long as a bunch of kids likely around half my age at the other end of the EU use the Blockchain as an overengineered tipping jar, I'm happy for now.

No sarcasm or bitterness in that last line. Some humbleness maybe, compared to the thoughts I had on the matter two years ago, but only the most cynical of assholes will conflate these two.

/story time

Well, as a representative of the pointing and laughing crowd I can tell you that this story and what it portrays totally makes sense even to me.
I'd even say that I totally support bitcoin for that kind of usage, still.

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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20583. (Read 26607040 times)