Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30408. (Read 26711908 times)

Yeah yeah bear, whatever 

if only I would have been a norwegian..

http://www.abc.net.au/news/2014-01-09/all-norwegians-become-millionaire-shareholders-in-world27s-big/5191480

but hey.. i am a bitcoiner

No worries, other countries will help to create the problems for you.

I am doing it already few months...

We don't have such politicians in my country      and now what?

You're complaining about lack of interest for Overstock news (extremely short-term) and now talking long term?!
You can't mix apples and oranges and be taken seriously

1) a lot of market participants are bearish simple because they are holding 1000% or more profits. so any bad news is a good reason to grab profits. ( this profit taking period feels like its almost over... )

you can help  simple by USING bitcoin and not dollars

Because nobody knows what the price is without China. China is responsible for the entire rise from $110. The silk road crash ended when China started buying. There are people who think even that the silk road crash would have continued lower without China, below $110, maybe all the way back to $60. Then China brought the price all the way up to $1250. For the past 3 months every exchange has simply followed the Chinese price like a slave. Now every time there is bad news the price just drops like a rock without any resistance. Then the price recovers because China started buying again - every time. People think "oh now China news has been factored in" but it hasn't. I STILL observe all exchanges following every movement of China like a salve - it is wired into all the bots and the strategies of all the traders - like an automated process. Anyone who thinks China isn't still leading is fooling themselves. So what happens if China is removed from the equation completely? Nobody knows where the drop would end, where real support on other exchanges would kick in, and what the true value is without China. It is some variable anywhere from $90 to $900. It is a mystery. Sure the news adds value but from what basis? Let's say overstock adds $50. $900 + $50 = $950. But also $90 + $50 = $140. Nobody knows so they are cautious.

What means huge amount of BTC today?

People still have major willies about China. They really shouldn't as it's all out in the open, but they do.

Market movers will play on that near the end of the month no doubt. It's just another chapter in the Bitcoin story, but right now it's still very important. Anyone who thinks otherwise will find out soon enough.

We'll see in two years

Buy a huge amount of Bitcoin, become a state leach and abstain from contributing to the economy of money.

Ha ha, ok, we'll se in two weeks

I have actually pondered a bot to order random $1 crap off ebay just to make it seem like it's Christmas everyday.

Keep voting for politicians who promise solutions  

Yeah yeah, nobody cares about China anymore, everybody knows they will unban it later, move on....

But why on the other hand every fart from China has bigger effect than these news? I would think that we are already 100% over it, but i have feeling we are not yet...?

PS: How can I help to create some global financial problems?  

  this too is busy being priced in.

You know.. the titanic made it almost completely to the us east coast....

And nobody cares, cause China is about to almost completely ban bitcoin, which will crash price to 300-400