Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25661. (Read 26608062 times)
September 22, 2014, 02:55:25 AM
good morning Europe, and can we please stop posting the NSFW pictures, it makes this thread unreadable in public places...
September 22, 2014, 02:41:31 AM
Hey guys, you should take note of the fact that there has been more dumping by the Ethereum exodus wallet in the past week. That, by no means, has caused the collapse (the numbers are just insufficient to do that even if tossed all at one exchange). However, it does look like they may be trying to wind down their position which suggests two things: (a) they're scared; and (b) that sentiment, given how many overall coins they have, could severely exacerbate any coming downturn.
I mean, they unloaded 1200 coins around $400. They could be, and probably are, just stupid and panicked. But, their weak hands can make things scary pretty quickly.
Alternatively, they unleashed coins on Sept. 11 and 18th... they may be doing this weekly to cover costs for their project. If that's the case, then we have a little extra downside pressure every Thursday.
I mean, they unloaded 1200 coins around $400. They could be, and probably are, just stupid and panicked. But, their weak hands can make things scary pretty quickly.
Alternatively, they unleashed coins on Sept. 11 and 18th... they may be doing this weekly to cover costs for their project. If that's the case, then we have a little extra downside pressure every Thursday.
September 22, 2014, 02:34:27 AM
it took me a while to notice the apple.
I thought they were the appendages formerly attached to the projectile.
September 22, 2014, 02:28:09 AM
It's about to shoot off like a rocket. Buy now!
it took me a while to notice the apple.
September 22, 2014, 02:16:03 AM
It's about to shoot off like a rocket. Buy now!
September 22, 2014, 02:11:59 AM
Quote
Question: Bottom won't be reached until we see extremely high volume on a drop?
agree - 89 (50.3%)
disagree - 88 (49.7%)
Total Voters: 177
Very even split.agree - 89 (50.3%)
disagree - 88 (49.7%)
Total Voters: 177
interesting, hadn't noticed the new poll. i'm in the "we need a capitulation to rally hard" camp. i've seen these slow bottom fishing expeditions before. the bounces are so weak and can never retake the lost supports. i'm not buying back in yet.
September 22, 2014, 02:01:23 AM
September 22, 2014, 01:01:24 AM
September 22, 2014, 12:58:41 AM
Quote
Question: Bottom won't be reached until we see extremely high volume on a drop?
agree - 89 (50.3%)
disagree - 88 (49.7%)
Total Voters: 177
Very even split. agree - 89 (50.3%)
disagree - 88 (49.7%)
Total Voters: 177
September 22, 2014, 12:33:16 AM
number of transactions per day continues it's relentless march higher. Bitcoin is fulfilling its function. Cheap fast transfer of value. Still feeling bullish, will continue to hodl.
September 22, 2014, 12:19:01 AM
buying is nice to see but, will we just have a nice 3k red dildo slapped across faces again?
September 22, 2014, 12:01:24 AM
September 21, 2014, 11:06:49 PM
now i want bitcoin to drop....
350 you say?
EVERYTHING IS AWESOME!!!
350 you say?
EVERYTHING IS AWESOME!!!
Remember what I mentioned earlier about opposite? hehehehehe
The TIME has come boys, bots and girl (bitchick).......... BTC is on its way to da moon.
NEW ATH.... .here we come!!!!
September 21, 2014, 11:01:24 PM
September 21, 2014, 11:00:38 PM
now i want bitcoin to drop....
350 you say?
EVERYTHING IS AWESOME!!!
350 you say?
EVERYTHING IS AWESOME!!!
I hope it wont happen though.
Need to clear-out my BTC asset first
you better hurry, I have all the time in the world.
September 21, 2014, 10:58:43 PM
now i want bitcoin to drop....
350 you say?
EVERYTHING IS AWESOME!!!
350 you say?
EVERYTHING IS AWESOME!!!
I hope it wont happen though.
Need to clear-out my BTC asset first
September 21, 2014, 10:39:52 PM
now i want bitcoin to drop....
350 you say?
EVERYTHING IS AWESOME!!!
350 you say?
EVERYTHING IS AWESOME!!!
September 21, 2014, 10:32:51 PM
bring in ...monkey for a ... reading
Monkey is almost satisfied on the weekly chart. I'll ask him again in the morning when the new weekly begins, if he thinks the turn is this week or next (the only serious choices he leaves open at this point). I think his weekly opinions are more reliable during mid-week however.
Well, let's wait until mid-week then, and then we will do the opposite of whatever monkey says.. but don't tell monkey, because then s/he will start employing reverse psychology, and that would be BBBBAAAAAAADDDDD to have a monkey engaged in such tactics.
September 21, 2014, 10:30:57 PM
In your view, what metric(s) can measure bitcoin adoption?
It would help if bitcoin payment processors released monthly reports on volume processed, with at least a crude breakdown on kind of businesses served (gambling, exchanges, material goods, travel&lodging, ...).
That would give an idea if bitcoin use is increasing, but would still have some limitations, e.g.:
* it would measure bitcoins being sold for dollars to purchase, not people buying bitcoins;
* it would not include people paying with bitcoin directly to merchants that really accept bitcoin
It may also be distorted by people paying to themselves:
https://bitcointalksearch.org/topic/m.8916727
But that is the best data I can think of that might be available one day.
I would think there are 2 things to measure: 1. Number of users 2. Level of transaction activity
Unfortunately, there is no way we can know the exact number of users. We can look into the data from Blockchain.info though. It publishes the number of their users. The mapping is one user to one wallet. Note that one person can be multiple users. It is possible also that many of the wallets are inactive.
https://blockchain.info/charts/my-wallet-n-users
Level of transaction activity:
https://blockchain.info/charts/my-wallet-transaction-volume
September 21, 2014, 10:27:26 PM
something tells me i have plenty of time to ease into a position.
I thought I did as well, I am not saying this atmosphere is like last years atmosphere .. local btc'd 3.15 at 142.50 a piece next buy on cavirtex was in the 300+ range and then again in the 400-600 range
and then 700-900 loli went full retard sub 600
oh well, its only fiat...
all in as well
we can start a club..get a motto....coat of arms.....them little carts they drive around at parades like the shriners!
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