Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31549.

Patel

legendary

Activity: 1320

Merit: 1007

Quote from: blacksails on November 27, 2013, 11:48:44 AM

Quote from: Rampion on November 27, 2013, 11:45:12 AM

Quote from: Patel on November 27, 2013, 11:43:38 AM

I am extremely jealous at the ltc/btc ratio right now. wtf how is ltc becoming stronger against bitcoin?

It's called pump&dump.

That or it is because it's cheaper to buy one LTC than one BTC, and it has also gotten some media attention lately!

yeah but the whole argument behind ltc being cheaper is a psychological effect. Thats like saying 1 gram copper is cheaper than 1 gram gold.

Are people going to buy all the copper just because its cheaper than gold? When gold is the one that is organically increasing in value and has all the use?

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Coinseeker on November 27, 2013, 11:45:33 AM

Quote from: Rampion on November 27, 2013, 11:42:01 AM

Quote from: Coinseeker on November 27, 2013, 11:13:04 AM

Quote from: BitcoinAshley on November 27, 2013, 11:04:37 AM

We're not in the clear yet; we're still over 1k yuan away from the CNY high from earlier this month.

I'm delaying my celebration Cool

Still celebrating LTC and NMC tho ;-)

+1 on LTC although I'm also celebrating XRP. Woot! Sup Rampion! Grin

Quote from: BldSwtTrs on November 27, 2013, 11:10:04 AM

I win a lot with my BTC but I steel feel bad because I sold 300 LTC at 0.008 per BTC (I manage to catch the exact bottom, weee).

Please tell me LTC will go down.

Sorry, LTC gonna break $100 by years end.

Celebrating XRP? It was at 6,000-9,000 XRP's per BTC when we discussed it in Summer. I know by heart because I bought Ripples as an "hedge" against Bitcoin, I still have a few hundred k's of cRipples BTW. I never look at the exchange rate anymore because I get depressed when I see it (last time I checked I was losing +85% of the BTC invested in XRP) but honestly I consider the BTC I threw at it "lost" (and in dollars now that's a helthy 5 figures investment), I will keep those useless hundreds of k's of cRipples in case BTC finally goes to 0 and cRipple still exists - that's the ultimate purpose of an "hedge".

About LTC: it's extremely unlikely it will break $100 by years end. I give it 10% chance to do that. Will see.

Bro, are you math challenged? Huh

You might wanna try looking at XRP/USD. Do you remember the price of BTC in summer? Do you know the price of BTC now? Ok, that should clear it up for you. Roll Eyes

XRP has smashed it's previous records.

I actually think LTC will test the 25% of BTC theory but was saying $100 to be safe. Grin

Honestly, I don't give shit about XRP/USD. I invested BTC in it (precisely as an hedge), and I just care about XRP/BTC.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: kurious on November 27, 2013, 11:47:40 AM

Fiat leaks slowing EVEN MORE money coming in 10,000 BTC an hour in money coming in.

It hit close on 7000 just before the 1000 mark and it's accelerating.

There will be no pulling back you, we will seriously overshoot 1000 IMO

hah!

For every coming in, there is as much going out.

blacksails

sr. member

Activity: 294

Merit: 250

Quote from: Rampion on November 27, 2013, 11:45:12 AM

Quote from: Patel on November 27, 2013, 11:43:38 AM

I am extremely jealous at the ltc/btc ratio right now. wtf how is ltc becoming stronger against bitcoin?

It's called pump&dump.

That or it is because it's cheaper to buy one LTC than one BTC, and it has also gotten some media attention lately!

maz

full member

Activity: 140

Merit: 100

Quote from: rpietila on November 27, 2013, 11:44:27 AM

Quote from: Richy_T on November 27, 2013, 11:36:21 AM

Quote from: maz on November 27, 2013, 11:29:39 AM

Quote from: Richy_T on November 27, 2013, 11:25:21 AM

Quote from: MickeyT2008 on November 27, 2013, 11:23:08 AM

Now here's something you don't want to do, a man in Wales has accidentally thrown out his hard drive which has his bitcoin wallet with 7500BTC on it, it's now buried somewhere in a landfill site:
http://uk.finance.yahoo.com/news/the-4million-bitcoin-treasure-hunt-newport-wales-computer-hard-drive-thrown-out-with-rubbish-133041090.html

The stupidity was not making a backup.

You know there have to be more than a few wallets full of BTC sitting on hard-drives on computers in second-hand stores and pawn shops. I look forward to hearing some interesting stories.

A friend lost a relative recently who got on the btc bandwagon in 2010, the guys widow doesn't even know what bitcoin is. He died Saturday night, friends been trying to decide how to approach the wife about recovering them for her. I imagine lot's of these types of stories will come out over the following years!

Tell him to do it soon. People act hastily in grief. She may give the computer to a nephew or something.

One of our Partners had been in Bitcoin since late 2012. He died unexpectedly early 2013, and we suggested the widow certain measures of Bitcoin recovery. She refused, saying, that despite she had heard him constantly talking about it, it is unlikely that he had any or that it would matter.

Whats her email? Tongue

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: Odrec on November 27, 2013, 11:41:15 AM

A question what if people start "losing" bitcoins to hike the price up. Is that possible? That could be a problem in the future if it becomes a normal practice. Is there a way around that?

I see a much bigger problem , people running services claiming being hacked

And it did happen a lot recently.

kurious

legendary

Activity: 2604

Merit: 1748

Fiat leaks slowing EVEN MORE money coming in 10,000 BTC an hour in money coming in.

It hit close on 7000 just before the 1000 mark and it's accelerating.

There will be no pulling back you, we will seriously overshoot 1000 IMO

hah!

MahaRamana

sr. member

Activity: 338

Merit: 250

Quote from: Patel on November 27, 2013, 11:43:38 AM

I am extremely jealous at the ltc/btc ratio right now. wtf how is ltc becoming stronger against bitcoin?

That's because BTC has to be quoted in mBTC. 4 figures is intimidating and inconvenient.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: rpietila on November 27, 2013, 11:44:27 AM

Quote from: Richy_T on November 27, 2013, 11:36:21 AM

Quote from: maz on November 27, 2013, 11:29:39 AM

Quote from: Richy_T on November 27, 2013, 11:25:21 AM

Quote from: MickeyT2008 on November 27, 2013, 11:23:08 AM

Now here's something you don't want to do, a man in Wales has accidentally thrown out his hard drive which has his bitcoin wallet with 7500BTC on it, it's now buried somewhere in a landfill site:
http://uk.finance.yahoo.com/news/the-4million-bitcoin-treasure-hunt-newport-wales-computer-hard-drive-thrown-out-with-rubbish-133041090.html

The stupidity was not making a backup.

You know there have to be more than a few wallets full of BTC sitting on hard-drives on computers in second-hand stores and pawn shops. I look forward to hearing some interesting stories.

A friend lost a relative recently who got on the btc bandwagon in 2010, the guys widow doesn't even know what bitcoin is. He died Saturday night, friends been trying to decide how to approach the wife about recovering them for her. I imagine lot's of these types of stories will come out over the following years!

Tell him to do it soon. People act hastily in grief. She may give the computer to a nephew or something.

One of our Partners had been in Bitcoin since late 2012. He died unexpectedly early 2013, and we suggested the widow certain measures of Bitcoin recovery. She refused, saying, that despite she had heard him constantly talking about it, it is unlikely that he had any or that it would matter.

So you offered big for all computer equipment in the house?

Coinseeker

sr. member

Activity: 252

Merit: 250

Quote from: Rampion on November 27, 2013, 11:42:01 AM

Quote from: Coinseeker on November 27, 2013, 11:13:04 AM

Quote from: BitcoinAshley on November 27, 2013, 11:04:37 AM

We're not in the clear yet; we're still over 1k yuan away from the CNY high from earlier this month.

I'm delaying my celebration Cool

Still celebrating LTC and NMC tho ;-)

+1 on LTC although I'm also celebrating XRP. Woot! Sup Rampion! Grin

Quote from: BldSwtTrs on November 27, 2013, 11:10:04 AM

I win a lot with my BTC but I steel feel bad because I sold 300 LTC at 0.008 per BTC (I manage to catch the exact bottom, weee).

Please tell me LTC will go down.

Sorry, LTC gonna break $100 by years end.

Celebrating XRP? It was at 6,000-9,000 XRP's per BTC when we discussed it in Summer. I know by heart because I bought Ripples as an "hedge" against Bitcoin, I still have a few hundred k's of cRipples BTW. I never look at the exchange rate anymore because I get depressed when I see it (last time I checked I was losing +85% of the BTC invested in XRP) but honestly I consider the BTC I threw at it "lost" (and in dollars now that's a helthy 5 figures investment), I will keep those useless hundreds of k's of cRipples in case BTC finally goes to 0 and cRipple still exists - that's the ultimate purpose of an "hedge".

About LTC: it's extremely unlikely it will break $100 by years end. I give it 10% chance to do that. Will see.

Bro, are you math challenged? Huh

You might wanna try looking at XRP/USD. Do you remember the price of BTC in summer? Do you know the price of BTC now? Ok, that should clear it up for you. Roll Eyes

XRP has smashed it's previous records.

I actually think LTC will test the 25% of BTC theory but was saying $100 to be safe. Grin

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Patel on November 27, 2013, 11:43:38 AM

I am extremely jealous at the ltc/btc ratio right now. wtf how is ltc becoming stronger against bitcoin?

It's called pump&dump.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: Richy_T on November 27, 2013, 11:36:21 AM

Quote from: maz on November 27, 2013, 11:29:39 AM

Quote from: Richy_T on November 27, 2013, 11:25:21 AM

Quote from: MickeyT2008 on November 27, 2013, 11:23:08 AM

Now here's something you don't want to do, a man in Wales has accidentally thrown out his hard drive which has his bitcoin wallet with 7500BTC on it, it's now buried somewhere in a landfill site:
http://uk.finance.yahoo.com/news/the-4million-bitcoin-treasure-hunt-newport-wales-computer-hard-drive-thrown-out-with-rubbish-133041090.html

The stupidity was not making a backup.

You know there have to be more than a few wallets full of BTC sitting on hard-drives on computers in second-hand stores and pawn shops. I look forward to hearing some interesting stories.

A friend lost a relative recently who got on the btc bandwagon in 2010, the guys widow doesn't even know what bitcoin is. He died Saturday night, friends been trying to decide how to approach the wife about recovering them for her. I imagine lot's of these types of stories will come out over the following years!

Tell him to do it soon. People act hastily in grief. She may give the computer to a nephew or something.

One of our Partners had been in Bitcoin since late 2012. He died unexpectedly early 2013, and we suggested the widow certain measures of Bitcoin recovery. She refused, saying, that despite she had heard him constantly talking about it, it is unlikely that he had any or that it would matter.

Patel

legendary

Activity: 1320

Merit: 1007

I am extremely jealous at the ltc/btc ratio right now. wtf how is ltc becoming stronger against bitcoin?

amadeo

newbie

Activity: 26

Merit: 0

Quote from: Odrec on November 27, 2013, 11:41:15 AM

A question what if people start "losing" bitcoins to hike the price up. Is that possible? That could be a problem in the future if it becomes a normal practice. Is there a way around that?

People have done it with fiat, I dont know who is crazy enough to do that with bitcoin!
http://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Quid

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Coinseeker on November 27, 2013, 11:41:23 AM

Now the real media bubble forms. 5 figures and then drop?

At 5 figures I can cash out and retire for good, so be it Wink

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Coinseeker on November 27, 2013, 11:13:04 AM

Quote from: BitcoinAshley on November 27, 2013, 11:04:37 AM

We're not in the clear yet; we're still over 1k yuan away from the CNY high from earlier this month.

I'm delaying my celebration Cool

Still celebrating LTC and NMC tho ;-)

+1 on LTC although I'm also celebrating XRP. Woot! Sup Rampion! Grin

Quote from: BldSwtTrs on November 27, 2013, 11:10:04 AM

I win a lot with my BTC but I steel feel bad because I sold 300 LTC at 0.008 per BTC (I manage to catch the exact bottom, weee).

Please tell me LTC will go down.

Sorry, LTC gonna break $100 by years end.

Celebrating XRP? It was at 6,000-9,000 XRP's per BTC when we discussed it in Summer. I know by heart because I bought Ripples as an "hedge" against Bitcoin, I still have a few hundred k's of cRipples BTW. I never look at the exchange rate anymore because I get depressed when I see it (last time I checked I was losing +85% of the BTC invested in XRP) but honestly I consider the BTC I threw at it "lost" (and in dollars now that's a helthy 5 figures investment), I will keep those useless hundreds of k's of cRipples in case BTC finally goes to 0 and cRipple still exists - that's the ultimate purpose of an "hedge".

About LTC: it's extremely unlikely it will break $100 by years end. I give it 10% chance to do that. Will see.

Coinseeker

sr. member

Activity: 252

Merit: 250

Now the real media bubble forms. 5 figures and then drop?

Odrec

member

Activity: 112

Merit: 10

A question what if people start "losing" bitcoins to hike the price up. Is that possible? That could be a problem in the future if it becomes a normal practice. Is there a way around that?

DougTanner

sr. member

Activity: 280

Merit: 250