Lol this explains a lot, from Marks twitter
@magicaltux why is the MtGox withdrawal for faster processing 0.005BTC when the network is set to 0.0001BTC/kb?
@zikuladrak because it works better. Minimum fee is required for relaying, higher fee helps even more getting in the blockchain
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29202. (Read 26608364 times)
February 26, 2014, 08:41:39 AM
February 26, 2014, 08:34:37 AM
February 26, 2014, 08:32:42 AM
February 26, 2014, 08:32:33 AM
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Yesterday I would have agreed, but my opinion has changed and I think this pullback will not go below 530. I would not surprised if we already bounce off 550-560 as there's too much demand right now. We will see $800 within the next 2 weeks mark my words.
You should rather expect a withdrawl queue to be announced at bitstamp....if Marks cat don´t even need to get lifted from the
keyboard while beeing transfered to the cayman - islands
stop being idiot people ...you are holding the bouncing cat whilethe insiders have cashed out...new insiders only come in the double digits...MARK my facts !
rofl ^^
February 26, 2014, 08:28:50 AM
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Yesterday I would have agreed, but my opinion has changed and I think this pullback will not go below 530. I would not surprised if we already bounce off 550-560 as there's too much demand right now. We will see $800 within the next 2 weeks mark my words.
You should rather expect a withdrawl queue to be announced at bitstamp....if Marks cat don´t even need to get lifted from the
keyboard while beeing transfered to the cayman - islands
stop being idiot people ...you are holding the bouncing cat whilethe insiders have cashed out...new insiders only come in the double digits...MARK my facts !
February 26, 2014, 08:28:29 AM
It is going down - 500 to be tested soon.
still bearish, you know you only got your 400 through an act of Gox!
I think we're going back to 800+ soon..
February 26, 2014, 08:23:30 AM
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
what is currently the long term trend??
around $680 right?
I think it is
February 26, 2014, 08:22:55 AM
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
what is currently the long term trend??
around $680 right?
February 26, 2014, 08:20:39 AM
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Yesterday I would have agreed, but my opinion has changed and I think this pullback will not go below 530. I would not surprised if we already bounce off 550-560 as there's too much demand right now. We will see $800 within the next 2 weeks mark my words.
February 26, 2014, 08:16:18 AM
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
500 maybe not, i am thinking 530
I think a lot of people who lost BTC on Gox will want to buy in again.
For many the coins they had on Gox are fairly old, so getting hold of new fiat whilst the price is cheap may not be a problem, both practically and mentally.
Its going to take a few days for the bank transfers to make their way through the system. This may hold the price higher for a few days.
February 26, 2014, 08:02:42 AM
February 26, 2014, 07:56:11 AM
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
500 maybe not, i am thinking 530
February 26, 2014, 07:52:46 AM
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
February 26, 2014, 07:32:26 AM
To anyone not 'in the know' Bitcoin is looking a bit disastrous right now. But I think these guys will argue (rightly) the opposite may be the real truth.
EDIT: for clarity
I hope so.. I subscribe to Freakonomics, so I will be listening in for sure.
February 26, 2014, 07:29:24 AM
Ol' Gil is not worried, even if he bought in at 700$600$.
Ol' Gil sees that the price is going down very slowly, so it's not dangerous at all! Soon there will be an upwards wave and Ol' Gil will finally catch his big break with his bitcoin investments!
Ol' Gil sees that the price is going down very slowly, so it's not dangerous at all! Soon there will be an upwards wave and Ol' Gil will finally catch his big break with his bitcoin investments!
February 26, 2014, 07:28:35 AM
Where did all that dirty FIAT come from? we were around 15million the whole time, now 20+?
Former MtGox users who want to get back into the market? Not sure whether deposits clear that fast though, there might be a LOT more coming.
February 26, 2014, 07:23:18 AM
According to http://freakonomics.com/2014/02/25/what-does-the-mt-gox-meltdown-mean-for-bitcoin-maybe-not-much/ there will soon be a freakonomics podcast on bitcoin. Now they have an estimated 750 000 podcast listeners per episode (Some of it also goes out on public radio, not sure what the numbers there are). Now this is a factor ~14 less than the estimated viewership of The Good Wife, but the demographics are a great fit for bitcoin. Whereas the median age of a "The Good Wife" viewer is 60 the freakonomics listeners are
Here is a graph showing the distribution of occupations
Also, they are obviously interested in economics and unlike the case in the Good wife episode, it will be clear from the context that Bitcoin is a real thing and not a figment of some scriptwriter's imagination.
Quote
Our listeners are, in a nutshell: rather male (77%); relatively young (45% are 25-35 years old, another 24% are 35-44); well-educated (38% have a graduate degree; another 43% have a bachelor’s degree); and — according to the survey data at least — pretty well-off (17% earn more than $150,000 and another 23% earn between $100,000 and $150,000; then there are the 14% who earn between $0 and $30,000, most of whom are likely students).
Here is a graph showing the distribution of occupations
Also, they are obviously interested in economics and unlike the case in the Good wife episode, it will be clear from the context that Bitcoin is a real thing and not a figment of some scriptwriter's imagination.
They tend to see things in a way what would seem to a layman to be contrary to the way it looks.
To anyone not 'in the know' Bitcoin is looking a bit disastrous right now. But I think these guys will argue (rightly) the opposite may be the real truth.
EDIT: for clarity
February 26, 2014, 07:17:51 AM
According to http://freakonomics.com/2014/02/25/what-does-the-mt-gox-meltdown-mean-for-bitcoin-maybe-not-much/ there will soon be a freakonomics podcast on bitcoin. Now they have an estimated 750 000 podcast listeners per episode (Some of it also goes out on public radio, not sure what the numbers there are). Now this is a factor ~14 less than the estimated viewership of The Good Wife, but the demographics are a great fit for bitcoin. Whereas the median age of a "The Good Wife" viewer is 60 the freakonomics listeners are
Here is a graph showing the distribution of occupations
Also, they are obviously interested in economics and unlike the case in the Good wife episode, it will be clear from the context that Bitcoin is a real thing and not a figment of some scriptwriter's imagination.
Quote
Our listeners are, in a nutshell: rather male (77%); relatively young (45% are 25-35 years old, another 24% are 35-44); well-educated (38% have a graduate degree; another 43% have a bachelor’s degree); and — according to the survey data at least — pretty well-off (17% earn more than $150,000 and another 23% earn between $100,000 and $150,000; then there are the 14% who earn between $0 and $30,000, most of whom are likely students).
Here is a graph showing the distribution of occupations
Also, they are obviously interested in economics and unlike the case in the Good wife episode, it will be clear from the context that Bitcoin is a real thing and not a figment of some scriptwriter's imagination.
February 26, 2014, 07:14:55 AM
Where did all that dirty FIAT come from? we were around 15million the whole time, now 20+?
Former MtGox users who want to get back into the market? Not sure whether deposits clear that fast though, there might be a LOT more coming.
I think that a lot of new users were waiting for the bubble to pop and if this trend reversal holds long enough to restore some confidence we could see a nice upwards trend
some of the people that i talked about bitcoin in the last year actually went in and invested some money. now, with the prices sliding down for months i was getting concerned that they would be critical/mad about
"wow, this price is coming down. if this continues i will be forced to ....
BUY MORE."
severly infected with bitcoinitis
February 26, 2014, 07:07:52 AM
Where did all that dirty FIAT come from? we were around 15million the whole time, now 20+?
Former MtGox users who want to get back into the market? Not sure whether deposits clear that fast though, there might be a LOT more coming.
I think that a lot of new users were waiting for the bubble to pop and if this trend reversal holds long enough to restore some confidence we could see a nice upwards trend
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