Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26713. (Read 26609867 times)
July 19, 2014, 10:34:38 PM
The high and low price is becoming a tighter and tighter range...is this the calm before the storm? Given our history, we can only be stable for so long before there's some more action...
July 19, 2014, 10:24:01 PM
if you have a fully verified coin base account that is. SO GET SPENDING. Even if you pay USD go USD to BTC to buy... it's actually cheaper that way.
How do you send USD to Coinbase/exchange/Bitpay/whatever, and what do they send to Dell -- USD, or BTC? If USD, how do they send it?This appears to be one of those basic retarded questions of yours that could easily be answered by yourself, if you were to buy and use bitcoins then you would possibly realize how to use them. Of course, the customers pay in bitcoin, and then if Dell wants to convert them to fiat after the transaction, they have that fiat conversion option.
I thought that I called the question stupid and I answered it...... and you are implying that you are seeking some kind of deeper and more significant meaning? And what would that deeper and more significant meaning be?
I stuff golden trinkets up my magical unicorns arse and shoo it on its way... usually works just fine for me.
July 19, 2014, 10:00:12 PM
July 19, 2014, 09:59:08 PM
if you have a fully verified coin base account that is. SO GET SPENDING. Even if you pay USD go USD to BTC to buy... it's actually cheaper that way.
How do you send USD to Coinbase/exchange/Bitpay/whatever, and what do they send to Dell -- USD, or BTC? If USD, how do they send it?This appears to be one of those basic retarded questions of yours that could easily be answered by yourself, if you were to buy and use bitcoins then you would possibly realize how to use them. Of course, the customers pay in bitcoin, and then if Dell wants to convert them to fiat after the transaction, they have that fiat conversion option.
I thought that I called the question stupid and I answered it...... and you are implying that you are seeking some kind of deeper and more significant meaning? And what would that deeper and more significant meaning be?
July 19, 2014, 09:47:36 PM
if you have a fully verified coin base account that is. SO GET SPENDING. Even if you pay USD go USD to BTC to buy... it's actually cheaper that way.
How do you send USD to Coinbase/exchange/Bitpay/whatever, and what do they send to Dell -- USD, or BTC? If USD, how do they send it?This appears to be one of those basic retarded questions of yours that could easily be answered by yourself, if you were to buy and use bitcoins then you would possibly realize how to use them. Of course, the customers pay in bitcoin, and then if Dell wants to convert them to fiat after the transaction, they have that fiat conversion option.
I thought that I called the question stupid and I answered it...... and you are implying that you are seeking some kind of deeper and more significant meaning? And what would that deeper and more significant meaning be?
July 19, 2014, 09:43:34 PM
The regulations are bad news? I have to disgree....
Well, Erik Vorhees did not like them: http://moneyandstate.com/reflections-right-privacy-response-nydfs-bitcoin-proposal/
And the winklevosses adore them. Vorhees cares about human freedom and dignity, while the winklevosses care about the value of their bitcoin. Thus vorhees is disappointed while the winklevosses are encouraged.
As we all likely realize, bitcoin remains somewhat in the wild, wild west when it comes to government intervention. Accordingly, there are ways to make money and to strive in both the regulated sphere of bitcoin and in the unregulated sphere of bitcoin.
July 19, 2014, 09:35:50 PM
When will be 700$ ? 
before new year? What do you think?
before new year? What do you think?In stead of asking, form your own opinion, say it here with the reasoning behind it.
Here is an example: Based on the number of people just asking what the price will be and when, knowing that there are different opinions and at best they will get all possible answers, I can say that the prospected rise of bitcoin due to the network effect is severely hyped up, and will lead to not a steady rise but bubbles, burns, crashes, euphoria, suffering, despair. When? At all times.
I agree with you Erdogan that this kind of volatility is likely to continue with BTC when BTC reaches 1 trillion market cap, and it may continue beyond that, when BTC reaches 10 trillion and 100 trillion market cap. Once BTC reaches these higher market caps in the trillions, though, it will be much more difficult to manipulate it.
July 19, 2014, 09:31:12 PM
next week or this weekend we will be testing resistance higher up, a key level to watch/support is 640. it is imperative we POWN the 640 mark with gr8 force. make it happen poeple. I have been / will continue to buy so long as we are below 640. ( i will probably be buying higher too, i can not help it, i must buy, i am very bullish ) buy Buy BUY!
I also think that $640 is key. Going past $640 and we will be halfway to the moon!
i disagree, 666 is the key.
685
$850
Once BTC goes past $850, then we are on our way to a new ATH.. anywhere between $2200 and $5000. I am hoping for the latter or more, but I will also be content with the former.
July 19, 2014, 09:11:41 PM
.... I just opened one of my forecasting spreadsheets and noted that I'd arbitrarily picked today as the starting point for the next bull run. No I don't have any proof or logic, just me and my obsession with plotting things in spreadsheets.
Well, too bad you lost.
Just for the record, my date is set on august 19th not sooner.
If it doesn't happen before 29th, I sell all my crypto for gold. /s
I don't really find anything wrong with random picking of dates in order to suggest that btc prices are going to skyrocket. Yet, I am more bothered when posters are elated in the event that their date is correct. If they are correct, it becomes a big "so what?" b/c the poster happened to guess correctly.
I anticipate that the rocket date could be anywhere between 1 hour from now to 12 months, and I rest much more assured being in BTC, to be prepared when that seemingly inevitable rocket date comes.
BTW: Good luck being in gold / b/c it is pretty unlikely that gold is going to have any rocket that is anywhere near the potential of the BTC rocket (gold may have a baby rocket and potentially get into orbit while BTC is on its way to the moon and beyond).
July 19, 2014, 09:07:52 PM
if you have a fully verified coin base account that is. SO GET SPENDING. Even if you pay USD go USD to BTC to buy... it's actually cheaper that way.
How do you send USD to Coinbase/exchange/Bitpay/whatever, and what do they send to Dell -- USD, or BTC? If USD, how do they send it?This appears to be one of those basic retarded questions of yours that could easily be answered by yourself, if you were to buy and use bitcoins then you would possibly realize how to use them. Of course, the customers pay in bitcoin, and then if Dell wants to convert them to fiat after the transaction, they have that fiat conversion option.
July 19, 2014, 09:00:18 PM
July 19, 2014, 08:57:24 PM
if you have a fully verified coin base account that is. SO GET SPENDING. Even if you pay USD go USD to BTC to buy... it's actually cheaper that way.
How do you send USD to Coinbase/exchange/Bitpay/whatever, and what do they send to Dell -- USD, or BTC? If USD, how do they send it?This appears to be one of those basic retarded questions of yours that could easily be answered by yourself, if you were to buy and use bitcoins then you would possibly realize how to use them. Of course, the customers pay in bitcoin, and then if Dell wants to convert them to fiat after the transaction, they have that fiat conversion option.
July 19, 2014, 08:47:32 PM
Who would be so stupid to dump now?
What's next after Dell... IBM? Nvidia selling ASIC's?
NVidia bit-force scrypt-asics wouldn't that be sumpthin?! What's next after Dell... IBM? Nvidia selling ASIC's?
July 19, 2014, 08:46:39 PM
I find this accounting principle kind of funny even though it caused me much frustration. I'm sure this principle will continue to cause headaches and strange workarounds as long as we have anal accountants.
Well, if you ever have to do some accounting yourself, over ledgers spanning several years of transactions, you would appreciate this principle.If the totals from two ledgers (say, bank statements and invoices) don't match as they should, even by a few cents, you must check everything all over again because it may be due to some arbitrarily large error on your part (like using the wrong invoice with a similar price), or by someone who was trying to doctor the books. You can waste a lot of time that way.
Or, suppose that you get the monthly report of you bank account for June, and the starting balance is 1.27$ less than the final balance in the May report.
Few joys in life compare to that of having the financial report of one's research project approved by the funding agency's accountants. Not even that of having the project's funding approved in the first place.
I have a few friends that work as researchers. They tell me that they spend half their time applying for funds and the other half teaching or going to conferences. Not much time for research
I'm still not convinced that the world of accounting isn't pure evil, but I do appreciate that some people are willing to make it their profession.
July 19, 2014, 08:25:26 PM
I think I understand JorgeStolfi's attitude towards bitcoin a little better now, after reading this: http://nakamotoinstitute.org/mempool/appcoins-are-snake-oil/
He seems to consider bitcoin : fiat is similar to appcoin : bitcoin.
Well, I am not sure where the similarity is...He seems to consider bitcoin : fiat is similar to appcoin : bitcoin.
I have no opinion on bitcoin as an abstract distributed algorithm. As a concrete activity/institution, different people want/hope it to be very different things. I find some of those things laudable, some quite wrong, but all rather unlikely to succeed.
July 19, 2014, 08:23:53 PM
Who would be so stupid to dump now?
What's next after Dell... IBM? Nvidia selling ASIC's?
What's next after Dell... IBM? Nvidia selling ASIC's?
July 19, 2014, 08:20:31 PM
Now with Dell on board you have to be really dumb to just keep selling. It's clear there is only 1 way to go and that's up.
Then again i love seeing those idiots lose their money. Nothing better than seeing a 200 dump and the price going up 5 minutes later.
Then again i love seeing those idiots lose their money. Nothing better than seeing a 200 dump and the price going up 5 minutes later.
The dumb bears will still be saying merchant acceptance leads to more bitcoin being converted to fiat, which is very very shortsighted
merchants would not convert btc>fiat using public exchanges anyway. + we all seem to look closely to these type of exchanges and their prices but it aint were most of bitcoins are (there is around 2 to 3 millions BTC out of 13million total on public exchanges).
The early acceptor merchants are quite foolish to not be holding until the ETF materializes. There is limited risk that the price of bitcoin will be less than the price at the launch of the ETF, and they could easily hedge right away by going short. As it is now they are selling coins to the very people stomping the price on Bitfinex and Bitstamp.
July 19, 2014, 08:08:31 PM
Getting more geeky with Huobi data.
The list below shows the number of single trades per day for different BTC ranges. The data is based on an average for July 2014 and this is why number_of_trades contains a decimal point.
[ ... ]
Half of all trades on Huobi are 0.1 BTC or below. There has not been any single trades above 500 BTC, but there has been 18 single trades with more than 200 BTC during the first 18 days of July.
The total traded volume at 0.01 BTC or below is 1072 BTC during the 18 days.
The total traded volume at 0.1 BTC or below is 11221 BTC during the 18 days.
Interesting analysis!The list below shows the number of single trades per day for different BTC ranges. The data is based on an average for July 2014 and this is why number_of_trades contains a decimal point.
[ ... ]
Half of all trades on Huobi are 0.1 BTC or below. There has not been any single trades above 500 BTC, but there has been 18 single trades with more than 200 BTC during the first 18 days of July.
The total traded volume at 0.01 BTC or below is 1072 BTC during the 18 days.
The total traded volume at 0.1 BTC or below is 11221 BTC during the 18 days.
It may be interesting also to compare the distribution of trade sizes at other periods in the past, e.g. a couple of days around May/15 (the lull before the 400->600 rally), Feb/19 (a period of steady decrease), Feb/03 (the New Year holiday week), etc.
July 19, 2014, 08:00:14 PM
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