Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30240.

Drabla

member

Activity: 104

Merit: 10

Pecunia non olet

Quote from: N12 on January 20, 2014, 10:44:29 AM

Please tell me, WTF is going on right now over there?

edit: Oh, I see. Dogecoin has made it into the news: http://www.theguardian.com/technology/2014/jan/20/jamaican-bobsled-team-raises-dogecoin-winter-olympics

N12

donator

Activity: 1610

Merit: 1010

Please tell me, WTF is going on right now over there?

edit: Oh, I see. Dogecoin has made it into the news: http://www.theguardian.com/technology/2014/jan/20/jamaican-bobsled-team-raises-dogecoin-winter-olympics

Davyd05

hero member

Activity: 574

Merit: 500

imo 4k wall of coins up to 1k, high volume on the price rise.. but low on the retrace.. think somebody fears and early ccmf

Hawkix

hero member

Activity: 531

Merit: 505

Quote from: WeltMaster on January 20, 2014, 09:56:53 AM

"I wouldn't even "invest" a penny in this monopoly money. The loonie is loosing value thru inflation? So what? Wages are constantly rising and there are plenty of saving options out there that give rates equal or superior to inflation. If you look closer to the purchasing power parity over the years, it increases instead of decreasing because of the economic growth (in 1980 a computer would cost you about the same as a car, nowaday you can find computers for a week's wage). Economic growth is maximized with a little bit of inflation because inflation discourages hoarding which is lethal to an economy; which Bitcoin promotes high and low. Bitcoin is what happens when IT people and programmers act like they always have been experienced financial advisers and economists. Wall Street is gonna come in, pump this already inflated dream and scam the good people Bitcoin's supposed to protect."

Hahaha, I'm in tears..

Well, he's right about the last part, time to ride the train!

Finally, great ~~bear~~ beer!

Dragonkiller

sr. member

Activity: 378

Merit: 250

Super Smash Bros. Ultimate Available Now!

Quote from: WeltMaster on January 20, 2014, 09:56:53 AM

"I wouldn't even "invest" a penny in this monopoly money. The loonie is loosing value thru inflation? So what? Wages are constantly rising and there are plenty of saving options out there that give rates equal or superior to inflation. If you look closer to the purchasing power parity over the years, it increases instead of decreasing because of the economic growth (in 1980 a computer would cost you about the same as a car, nowaday you can find computers for a week's wage). Economic growth is maximized with a little bit of inflation because inflation discourages hoarding which is lethal to an economy; which Bitcoin promotes high and low. Bitcoin is what happens when IT people and programmers act like they always have been experienced financial advisers and economists. Wall Street is gonna come in, pump this already inflated dream and scam the good people Bitcoin's supposed to protect."

Hahaha, I'm in tears..

Well, he's right about the last part, time to ride the train!

who are you quoting?

WeltMaster

sr. member

Activity: 437

Merit: 250

"I wouldn't even "invest" a penny in this monopoly money. The loonie is loosing value thru inflation? So what? Wages are constantly rising and there are plenty of saving options out there that give rates equal or superior to inflation. If you look closer to the purchasing power parity over the years, it increases instead of decreasing because of the economic growth (in 1980 a computer would cost you about the same as a car, nowaday you can find computers for a week's wage). Economic growth is maximized with a little bit of inflation because inflation discourages hoarding which is lethal to an economy; which Bitcoin promotes high and low. Bitcoin is what happens when IT people and programmers act like they always have been experienced financial advisers and economists. Wall Street is gonna come in, pump this already inflated dream and scam the good people Bitcoin's supposed to protect."

Hahaha, I'm in tears..

Well, he's right about the last part, time to ride the train!

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: Tzupy on January 20, 2014, 04:26:09 AM

Quote from: TERA on January 20, 2014, 01:00:10 AM

This chart actually makes me bearish.

The chart shows that the previous bubble didn't fully deflate, it should have bottomed around 30$ - 40$, not 67$.
That's one reason for the current bubble to happen so soon after. Maybe this bubble won't fully deflate either and there will be
another one soon, with an ATH in the 5k$ range, and then the very early adopters will dump millions of coins and crush the price.

What if the trendline that is based on adoption, is substantially below the line on the chart? That would make most short time predictions based on that chart void.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: flynn on January 20, 2014, 08:50:14 AM

Quote from: ShroomsKit on January 20, 2014, 08:47:46 AM

Back to 900 we go. Because....we absolutely must go back to 900.

You sodl at 900 ?

I don't tradl.

Just saying there seems to be a certain attraction at 900 which we can't get away from. There is no reason why we can't sit at 970 for a while before to next push to 1000 but must likely it won't happen because people will continue selling till were back at 900 again. It just doesn't make sense.

flynn

hero member

Activity: 728

Merit: 540

Quote from: ShroomsKit on January 20, 2014, 08:47:46 AM

Back to 900 we go. Because....we absolutely must go back to 900.

You sodl at 900 ?

ShroomsKit

hero member

Activity: 672

Merit: 500

Back to 900 we go. Because....we absolutely must go back to 900.

Bitcoines

hero member

Activity: 592

Merit: 500

Quote from: ?? on ??

Quote from: Chancellor on January 20, 2014, 07:12:43 AM

Quote from: chessnut on January 20, 2014, 06:53:40 AM

An exponential log chart? is this the end of the world??

No, as the chart bases on MtGox, this "exponential correction" just accounts for fiat withdrawal troubles... Grin

Has anyone managed to get fiat out of gox. I have about 2.5k in there

For what i hear, only if you are verified and even verified it takes 4 weeks in most cases some even more
wouldnt recommend a fiat withdrawall unless its really necesary for you, I just moved away from gox today.

invested some btc in mooncoin (love the name lol) and moved the rest to stamp

optimi

newbie

Activity: 51

Merit: 0

Quote from: ChrisML on January 20, 2014, 07:46:11 AM

Dont cry.... pls dont.

Honestly, stop being butthurt about doge. There is a very positive effect about the publicity: People start to understand digital currency.

http://en.reddit.com/r/Bitcoin/comments/1ujmem/i_got_into_doge_now_im_over_it_and_want_bitcoins/

Quote

I got into doge- now I'm over it and want Bitcoins (self.Bitcoin)

submitted 13 days ago by YouKnowRandall

I liked doge for a while.. it was novel. Cheap and easy to acquire. But my fun ran out and I got tired of the wow's much's and such's it's like brainwashing. So I gave all my doge away and am going for the gold... BITCOINS! Screw doge.

http://en.reddit.com/r/Bitcoin/comments/1v0so2/could_you_use_the_same_public_address_for_both/

Quote

Could you use the same public address for both Bitcoin and Dogecoin (or other altcoins)? (self.Bitcoin)

submitted 8 days ago* by steffenfrost

Could you use one address for more than one crypto currency? If you have a donation address, one could send either bitcoin or dogecoin to it, for example. Just make sure you don't send your doge to a bitcoin address or vice versa.

seldon

sr. member

Activity: 353

Merit: 250

Quote from: ?? on ??

Quote from: Chancellor on January 20, 2014, 07:12:43 AM

Quote from: chessnut on January 20, 2014, 06:53:40 AM

An exponential log chart? is this the end of the world??

No, as the chart bases on MtGox, this "exponential correction" just accounts for fiat withdrawal troubles... Grin

Has anyone managed to get fiat out of gox. I have about 2.5k in there

Yes, SEPA worked fine - took 4-6weeks though

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

ChrisML

sr. member

Activity: 308

Merit: 250

Quote from: mmitech on January 20, 2014, 07:39:24 AM

Quote from: ChrisML on January 20, 2014, 07:20:54 AM

Quote from: mmitech on January 20, 2014, 07:00:35 AM

Quote from: ?? on ??

Quote from: seleme on January 20, 2014, 06:41:19 AM

Bloody shit, 9200 BTC and 18000 LTC Doge volume on Cryptsy. Shocked

I thought this stupid meme is finished

There's gonna be a whole lot of hurt butts by the time this is over.

I guess that some people have to learn the lesson the hard way, it just amaze me......

I think most noobs investing in these scams feel that they missed the bitcoin train, when they get that multiple thousands or hundreds of "put the name of the alt" in their wallets they get that warm fuzz thinking that they achieved something... they keep ignoring the fact that if they invest into bitcoin, even if it is just 0.01 BTC it will most likely turn out better in the long term.

when Bitcoin was around $10 I thought I missed the train , I didn't buy right away (worst decision ever) and who is starting today will think the same, and you will read more stories about regrets....

but who cares, let them burn...

Now, dont be butthurt.

Just cause a meme looking alt-coin gets up your asses and rocketeers in volume and price doesnt mean you need 2 hate.

Such sadness.
Such wow.

don't you have a sub-forum ? why did you get out of there? unless you are talking about Bitcoin move your ass back there right now...

Dont cry.... pls dont.

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: ChrisML on January 20, 2014, 07:20:54 AM

Quote from: mmitech on January 20, 2014, 07:00:35 AM

Quote from: ?? on ??

Quote from: seleme on January 20, 2014, 06:41:19 AM

Bloody shit, 9200 BTC and 18000 LTC Doge volume on Cryptsy. Shocked

I thought this stupid meme is finished

There's gonna be a whole lot of hurt butts by the time this is over.

I guess that some people have to learn the lesson the hard way, it just amaze me......

I think most noobs investing in these scams feel that they missed the bitcoin train, when they get that multiple thousands or hundreds of "put the name of the alt" in their wallets they get that warm fuzz thinking that they achieved something... they keep ignoring the fact that if they invest into bitcoin, even if it is just 0.01 BTC it will most likely turn out better in the long term.

when Bitcoin was around $10 I thought I missed the train , I didn't buy right away (worst decision ever) and who is starting today will think the same, and you will read more stories about regrets....

but who cares, let them burn...

Now, dont be butthurt.

Just cause a meme looking alt-coin gets up your asses and rocketeers in volume and price doesnt mean you need 2 hate.

Such sadness.
Such wow.

don't you have a sub-forum ? why did you get out of there? unless you are talking about Bitcoin move your ass back there right now...

ChrisML

sr. member

Activity: 308

Merit: 250

Quote from: mmitech on January 20, 2014, 07:00:35 AM

Quote from: ?? on ??

Quote from: seleme on January 20, 2014, 06:41:19 AM

Bloody shit, 9200 BTC and 18000 LTC Doge volume on Cryptsy. Shocked

I thought this stupid meme is finished

There's gonna be a whole lot of hurt butts by the time this is over.

I guess that some people have to learn the lesson the hard way, it just amaze me......

I think most noobs investing in these scams feel that they missed the bitcoin train, when they get that multiple thousands or hundreds of "put the name of the alt" in their wallets they get that warm fuzz thinking that they achieved something... they keep ignoring the fact that if they invest into bitcoin, even if it is just 0.01 BTC it will most likely turn out better in the long term.

when Bitcoin was around $10 I thought I missed the train , I didn't buy right away (worst decision ever) and who is starting today will think the same, and you will read more stories about regrets....

but who cares, let them burn...

Now, dont be butthurt.

Just cause a meme looking alt-coin gets up your asses and rocketeers in volume and price doesnt mean you need 2 hate.

Such sadness.
Such wow.

Chancellor

full member

Activity: 154

Merit: 100

Quote from: chessnut on January 20, 2014, 06:53:40 AM

An exponential log chart? is this the end of the world??

No, as the chart bases on MtGox, this "exponential correction" just accounts for fiat withdrawal troubles... Grin

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

the line showing the uptrend in these log charts is obviously flatter than the trend it is supposed to be showing.

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