Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27294. (Read 26610741 times)

Explanation

The number of the beast is 666 not 660.  Bees? 

you have to close out a position every 24 hours ..me thinks

Answer:

Warning! - Litecoin value is extremely volatile. Expires daily!

I really don't see the sense in that...

Without altiloquative pleonasty I cannot render material the ultracrepidarian mordancy with which I esteem the prestidigitative prodigy of your quincunxical perspicacity in articulating the obvious.

duh!

Which timeframe does plus500 allow on cryptocurrencies now?

Some of the posts like yours cause me to project that it is fairly probable that BTC prices will remain in the current $620 to $680 channel for a few weeks.... and the channel will narrow...  then it seems more likely that the break in BTC prices will be upwards, rather than downwards.

660 is the new bottom  

jk of course, but we are still in "the channel"



of course, it's only a matter of time...

*edit* apologies for uber-bullish sentiment, but I'm listening to this right now and it's got me pumped!

https://www.youtube.com/watch?v=wobiTJUoyLk  <- it starts slow but give it a few minutes...

http://www.cnbc.com/id/101734293 ....fuck the moon. we goin to mars bitches !!! http://www.youtube.com/watch?v=N-NkX86uPI0

Sheesh, we haven't been that OBVIOUS, have we?

I am fairly bullish and all about bitcoin, and fairly skeptical about the monetary policy of the USA and other grand fiat currencies.

NONETHELESS, Bitcoin is NO where near ready to take over the world currency, payment system and storage of value.  In 5 to 10 years, that may be a different story.

Surely, the USD has been engaging in really dangerous tactics since about 2007 / 2008; however, I believe that the whole fiat system with a dominant USD or some amalgamation of dominant fiats is going to hold at least another 5 years.

Before I studied into Bitcoin (which would have been before November 2013 - coincidentally right after the October 2013, US government shut down), I was thinking that the US government can screw up and screw around for another 20-30 years before the whole system is going to be coming down upon it... and part of my reason for projecting such a timeline in my thinking was because I could NOT really envision any real and/or meaningful alternatives.  The USA Govt has the world by the knickers.

However, since I have been learning about bitcoin, I am thinking that the USA Govt timeline for manipulating the dollar and world systems is going to be more limited - maybe 5-10 years, depending upon the extent to which the USA govt can infiltrate, coopt and/or manipulate BTC.  There is going to likely be some of the infiltration, cooptation and manipulation of BTC taking place and/or being attempted in the coming years, and the question will be how long that infiltration, cooptation and manipulation can last and whether alternative cryptos will evolve in order to adjust to such infiltration, cooptation and manipulation.

In sum, Bitcoin is NOT ready this year, but in 5 years -ish, maybe.

plus500.com short LTC ..I am

Once this whale who has been trying to prop the ltc\btc price up for the last 5 days gives up  ...hello .01-.014

So far its cost him over 3 million ..Once he runs out of money or gives up ... cha-ching ...the market has said that ltc is 10.85 no more no less

The pressure on LTC\BTC cross pair is going to be emmense once we go over 700

IMHO  

DrkCoin XC coin ...Poster child for pump & dump ...there are going to be a lot of unhappy kids very very soon .... just dropped 35% in 1 days lolz

Some fuckwit (stan somecrapola) on coindesk called DRKCOIN king of the ALTS after being in existance for 2 weeks ...like what a toss bag ..also spot who has money invested in it ??

stuck at 660.  number of the bees?

you now have supplanted Andreas as my all-time bitcoin hero.

Not so much LTC anymore, I hear.

Seems oversold enough to have some upside from here (monkey is silent) but long-term I say it goes the way of bytecoin (both incarnations).  If I could short both drk and ltc, i would.

Explanation

There is no sense in incorporating a whole new currency (ltc) into the mainstream for smaller "day to day" transactions when Bitcoin handles it just fine

What are your guys thoughts on NXT? I have been hearing a lot about it since it took 3rd... I think bitcoin in the future will be used for large payments and litecoin for smaller day to day transactions. nxt could also fit in there somewhere I think...what are your guys thoughts?

Half of you is probably the most that any of us can take in any one sitting.....

And, your theory about the price going down seems far from founded.  The price has been floating between $620 and $680 for more than a week, and before that, we were in the 500s and 400s and 300s.  There are five weeks in a row of green weekly candles...   It seems that the prices could likely adjust downward for a week or two... but ultimately, even the better half of you probably realizes the direction of bitcoin prices.....   and that is.. UP.

Currently, I am thinking rocket could be delayed, but it is fairly certain to occur during 2014... likely prior to October, but NO surprise if it occurs earlier... just too much good news in bitcoin land, recently.

This current consolidation should NOT be hurting anything... and will likely make the upcoming surge to be more powerful, when it does take place.