I constantly keep having the nagging feeling that it is going to go down a lot, but then I calm myselves.
If only there was a clear signal for crash, like an exchange with 80% volume stopping trading.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31492. (Read 26611230 times)
November 29, 2013, 07:30:58 AM
November 29, 2013, 07:26:49 AM
so its very calm on gox, china is awake, europe is awake, usa starting the day, any explanation for the boredom?
Silence before storm
during evening Gox and China will make a run on gold parity. What happens when they get there is anyones guess.Nothing speacial will happen, only that 1 BTC will be more expensive than 1 oz.
November 29, 2013, 07:23:16 AM
so its very calm on gox, china is awake, europe is awake, usa starting the day, any explanation for the boredom?
Silence before storm
during evening Gox and China will make a run on gold parity. What happens when they get there is anyones guess. 
November 29, 2013, 07:17:41 AM
so its very calm on gox, china is awake, europe is awake, usa starting the day, any explanation for the boredom?
November 29, 2013, 07:11:40 AM
One thing that didn't come across/wasn't discussed is that you can divide Bitcoins into smaller parts.
I think we need to move to mBTC before folk begin to understand this.
A guy at my work didn't understand this either and he's a programmer like me. He assumed that they could only be moved in whole units and didn't understand how that would work if its a currency. When I explained it can be divided to 8dp, and that could be changed in the future he was like "ahhhhhhh that makes a lot more sense"
When you have studied bitcoin a long time yourself it might come as a shock how little common folk know about this.
November 29, 2013, 07:03:57 AM
November 29, 2013, 06:51:17 AM
One thing that didn't come across/wasn't discussed is that you can divide Bitcoins into smaller parts.
I think we need to move to mBTC before folk begin to understand this.
A guy at my work didn't understand this either and he's a programmer like me. He assumed that they could only be moved in whole units and didn't understand how that would work if its a currency. When I explained it can be divided to 8dp, and that could be changed in the future he was like "ahhhhhhh that makes a lot more sense"
November 29, 2013, 06:32:25 AM
One thing that didn't come across/wasn't discussed is that you can divide Bitcoins into smaller parts.
I think we need to move to mBTC before folk begin to understand this.
November 29, 2013, 06:29:03 AM
They did just now talk with an 'expert' on SWR3 ( big german radio)
The talk was much more positive than yesterday.
One thing that didn't come across/wasn't discussed is that you can divide Bitcoins into smaller parts.
I think we need to make sure people understand this.
Apparently there is also a financial institute/entity in germany that is planning on making BTC more easy to buy/trade for the average Joe.
Overall bullish news
The talk was much more positive than yesterday.
One thing that didn't come across/wasn't discussed is that you can divide Bitcoins into smaller parts.
I think we need to make sure people understand this.
Apparently there is also a financial institute/entity in germany that is planning on making BTC more easy to buy/trade for the average Joe.
Overall bullish news
November 29, 2013, 06:27:29 AM
Was helped along with that huge 500 btc buy
November 29, 2013, 06:26:07 AM
New ATH on Bitstamp, $1051.68
November 29, 2013, 06:03:21 AM
November 29, 2013, 05:49:30 AM
Gold is safe, bitcoin isn't.
Bitcoin is based on military grade cryptography, not "safe"..? LOL!
Safe in the sense that gold and silver have been around for thousands of years and we know that it holds value well in all circumstances.
While bitcoin has been there for a few years and we are at a point in the history of humanity where nobody can possibly know where we are going at social/economical/technological/political/environmental level which creates much more uncertainty on bitcoin than on gold and forces to admit that bitcoin could be worth zero in a minority of scenarios while gold will hold its value with more certainty.
November 29, 2013, 05:49:16 AM
Wow, that was a fast ignore. Generally I ignore only after 30 days in the forum but this was an exception.
^what this dude is pissed he sold to early? LMAO!!
*btw* you can't ignore as Bitcoin is pushing to/\5OOO+
November 29, 2013, 05:42:38 AM
Wow, that was a fast ignore. Generally I ignore only after 30 days in the forum but this was an exception.
I'm honestly not sure if he's a troll or a 13 year old that desperately needs Ritalin.
November 29, 2013, 05:36:21 AM
Wow, that was a fast ignore. Generally I ignore only after 30 days in the forum but this was an exception.
November 29, 2013, 05:23:44 AM
Gold is safe, bitcoin isn't.
Bitcoin is based on military grade cryptography, not "safe"..? LOL!
November 29, 2013, 05:19:16 AM
There is also the chance they bought their own walls to induce momentum.
Anyone with more bitcoins than 1,000 is cautious of the rise, and scheming to keep the price in check to solidify their own position in the real world. (Anyone with <1,000 coins does not have walls)
how many do you have?..you still short?
*wheres those $700 bitcoins now ? Lmaooo! November 29, 2013, 05:13:55 AM
There is also the chance they bought their own walls to induce momentum.
Anyone with more bitcoins than 1,000 is cautious of the rise, and scheming to keep the price in check to solidify their own position in the real world. (Anyone with <1,000 coins does not have walls)
This is funny. When I started to trade actively (January this year) a "wall" was +20k coins. Now 500 coins is considered a "wall". When and if we hit 5 figures, 50 BTC will be considered a "wall". Funny indeed
November 29, 2013, 05:11:55 AM
...then cut it in half to make sure it's not gold-plated tungsten.
Beat me to it. This is why I'd never buy a precious metal, especially gold. How can you ever be sure it's real?
Fairly simple XRF + thermal conductivity + resistivity tests will completely guarantee that a bar of gold is what it says on the face. For extra paranoia there's more complex ultrasonic testing.
If someone is desperate to sell it to you for bitcoin, it is probably real. Gold isn't doing too well at the moment.
If they don't care too much, it's probably fake.
Gold isn't doing well mostly due to manipulation from the people who derive power from fiat emission and control. Mostly the families that own the banks and the fed.
They will probably come for bitcoin soon but manipulation will be much more difficult. They could buy lots of coins creating a spike and then dumping everything recklessly and crashing it, but I am not sure of their success. Gold is much easier to manipulate and discourage.
Gold is safe, bitcoin isn't. Its amazing that 1 bitcoin can buy an ounce of gold, but no one can put a fair price estimate on Bitcoin. It's either hundreds of thousands or nothing.
Even the crazy Gold bubble looks like a blip next to Bitcoins rise! If bitcoin holders get a bit antsy about the price, they could do much worse than getting into Gold or Silver
I agree that gold and silver are safer. At least as safe as your own physical safe !
But I don't think the run of gold to 1900 USD was a bubble at all.
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