Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24166.

BlindMayorBitcorn

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Quote from: spooderman on December 02, 2014, 08:37:38 PM

Quote from: BitChick on December 02, 2014, 08:18:04 PM

Quote from: NotLambchop on December 02, 2014, 07:53:30 PM

Quote from: BitChick on December 02, 2014, 06:48:31 PM

Quote from: NotLambchop on December 02, 2014, 06:21:11 PM

Quote from: BitChick on December 02, 2014, 06:13:25 PM

...
I am back from India.

I returned a couple weeks ago. I have been avoiding the boards because I am a bit depressed. Husband sold some coins while I was gone. ...

Faith in God restored!!1! Cheesy

Hey, whatever it takes! If that was the outcome it was well worth it! Cheesy

Enjoy watching a Christian money changer get her beloved shekels taken from her, won't lie Cheesy

The Lord gives and the Lord takes away, but blessed be the name of the Lord.

Money/BTC is certainly not worth chasing after because it can come and go.

so. hard. to. not. troll. you.

For heaven's sake

spooderman

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Activity: 1652

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Quote from: BitChick on December 02, 2014, 08:18:04 PM

Quote from: NotLambchop on December 02, 2014, 07:53:30 PM

Quote from: BitChick on December 02, 2014, 06:48:31 PM

Quote from: NotLambchop on December 02, 2014, 06:21:11 PM

Quote from: BitChick on December 02, 2014, 06:13:25 PM

...
I am back from India.

I returned a couple weeks ago. I have been avoiding the boards because I am a bit depressed. Husband sold some coins while I was gone. ...

Faith in God restored!!1! Cheesy

Hey, whatever it takes! If that was the outcome it was well worth it! Cheesy

Enjoy watching a Christian money changer get her beloved shekels taken from her, won't lie Cheesy

The Lord gives and the Lord takes away, but blessed be the name of the Lord.

Money/BTC is certainly not worth chasing after because it can come and go.

so. hard. to. not. troll. you.

noobtrader

legendary

Activity: 1456

Merit: 1000

soon we will discuss religion instead of "Bitcoin price movement tracking & discussion"

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Score

Edit: EVIL

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: BitChick on December 02, 2014, 08:18:04 PM

Quote from: NotLambchop on December 02, 2014, 07:53:30 PM

Quote from: BitChick on December 02, 2014, 06:48:31 PM

Quote from: NotLambchop on December 02, 2014, 06:21:11 PM

Quote from: BitChick on December 02, 2014, 06:13:25 PM

...
I am back from India.

I returned a couple weeks ago. I have been avoiding the boards because I am a bit depressed. Husband sold some coins while I was gone. ...

Faith in God restored!!1! Cheesy

Hey, whatever it takes! If that was the outcome it was well worth it! Cheesy

Enjoy watching a Christian money changer get her beloved shekels taken from her, won't lie Cheesy

The Lord gives and the Lord takes away, but blessed be the name of the Lord.

...

Yes He does and He sure is, sister BitChick!
But who do you suppose made you lose your family's money?
Could it be...

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: BitChick on December 02, 2014, 08:18:04 PM

Quote from: NotLambchop on December 02, 2014, 07:53:30 PM

Quote from: BitChick on December 02, 2014, 06:48:31 PM

Quote from: NotLambchop on December 02, 2014, 06:21:11 PM

Quote from: BitChick on December 02, 2014, 06:13:25 PM

...
I am back from India.

I returned a couple weeks ago. I have been avoiding the boards because I am a bit depressed. Husband sold some coins while I was gone. ...

Faith in God restored!!1! Cheesy

Hey, whatever it takes! If that was the outcome it was well worth it! Cheesy

Enjoy watching a Christian money changer get her beloved shekels taken from her, won't lie Cheesy

The Lord gives and the Lord takes away, but blessed be the name of the Lord.

Money/BTC is certainly not worth chasing after because it can come and go.

@ NotLambChop Any questions?

Grin

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

Quote from: nicked on December 02, 2014, 07:00:04 PM

Coinapult ?

BTC over SMS anyone?

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: NotLambchop on December 02, 2014, 07:53:30 PM

Quote from: BitChick on December 02, 2014, 06:48:31 PM

Quote from: NotLambchop on December 02, 2014, 06:21:11 PM

Quote from: BitChick on December 02, 2014, 06:13:25 PM

...
I am back from India.

I returned a couple weeks ago. I have been avoiding the boards because I am a bit depressed. Husband sold some coins while I was gone. ...

Faith in God restored!!1! Cheesy

Hey, whatever it takes! If that was the outcome it was well worth it! Cheesy

Enjoy watching a Christian money changer get her beloved shekels taken from her, won't lie Cheesy

The Lord gives and the Lord takes away, but blessed be the name of the Lord.

Money/BTC is certainly not worth chasing after because it can come and go.

Raystonn

sr. member

Activity: 364

Merit: 250

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Le Happy Merchant on December 02, 2014, 07:40:11 PM

Quote from: NotLambchop on December 02, 2014, 07:33:05 PM

Quote from: Le Happy Merchant on December 02, 2014, 06:51:48 PM

Quote from: BitChick on December 02, 2014, 06:50:31 PM

I am pretty sure everyone thought the coins would sell for significantly less than market price last time too but we all know that didn't happen.

Why would anyone have thought that?

Because they're smarter than a fruit fly?

But it doesn't make sense, if they were going to sell them below market, why not just sell them at market.

The coins were sold at a government auction--that's how the US government liquidates this sort of stuff. Bitcoin, shit speedboats that couldn't get up on plane because runner too greedy and overloaded them--check out US Marshals auctions. Everything fetches premium, because prestige Cheesy

*Other than the begging "Why would anyone sell anything at an auction," selling a large chunk of coin on an exchange causes slippage.

spooderman

legendary

Activity: 1652

Merit: 1029

I'm pretty sure the bulls have the upper hand and have had for the last couple of months, but the bears are not defeated.

2015 should be fun:)

bitcoinmining

sr. member

Activity: 381

Merit: 250

Quote from: brg444 on December 01, 2014, 04:40:39 AM

http://buttercoinmarketupdate.posthaven.com/bitcoin-difficulty-suggests-rally

good analysis

Quote

Compare this to October of last year when blocks were generated at close to 7 minutes per block. That means now the network generates about 62 fewer blocks per day than last October. This is equivalent to 1550 BTC less influx in bitcoin supply per day which means significantly less selling pressure in the market.
...

It takes about $1.33m of new fiat money coming into the bitcoin economy to buy up the total bitcoin supply increase of about 3600 BTC per day. This is the lowest dollar amount it's been in a year and the lowest BTC amount it's been in almost 2 years. In light of all this, I am strongly bullish.

Thank you for sharing that, we're all strongly bullish!

ChartBuddy

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Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Fatman3001

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Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: spooderman on December 02, 2014, 07:50:44 PM

Is that the first time difficulty has ever adjusted downwards?

Nope, it has happened many times before. But I think last time was february 2013. So it's the first time since the ASIC invasion started. It's quite a healthy sign because it shows that even that market is price sensitive. There was some worry that chinese farms with subsidized electricity and facilities would make it impossible for anyone in the West to compete. Then we would have had virtually all of the mining capacity inside the chinese "intranet". Which would be bad.

hmmmstrange

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Activity: 669

Merit: 500

Quote from: wpalczynski on December 02, 2014, 07:56:45 PM

Anyone have approx date when this happened 2 yrs ago?

Quote from: hmmmstrange on December 02, 2014, 07:55:23 PM

Quote from: spooderman on December 02, 2014, 07:50:44 PM

Is that the first time difficulty has ever adjusted downwards?

No, but it's been just under two years since it last happened.

Second week in Feb 2013

NotLambchop

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Activity: 378

Merit: 254

Quote from: JorgeStolfi on December 02, 2014, 07:40:41 PM

MtGOX: Report on the 2nd meeting of former clients with the bankruptcy trustee Kobayashi:
http://www.mtgoxprotest.com/
Some highlights:
* Kobayashi is trying to recover 13 M USD that Mark took from MtGOX for services, loans etc -- but he is resisting.
* The auditing firm concluded that the MtGOX database has been adulterated, and they don't know what to do.
* Kraken paid 300'000 USD to Kobayashi (not the other way around) to have a role in the investigations.

Ah, teh intoxicating intrigue of international finance Roll Eyes