Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31765.

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Quote from: oda.krell on November 20, 2013, 03:35:12 PM

Quote from: Carlor on November 20, 2013, 03:32:12 PM

The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.

Guys, you heard it from [Date Registered: November 15, 2013, 01:22:48 PM], show's over. See you at the next Ponzi.

Yea, here I have been buying bitcoins since 2011 thinking it would be the future of money and then this guy appears out of no where and totally blows my mind and makes me realize that it's all over, it will die if it can't facilitate 7 billion people in the next months. Man, how things can change.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: rpietila on November 20, 2013, 03:42:19 PM

Quote from: oda.krell on November 20, 2013, 03:37:58 PM

I love the smell of failed whale schemes in the morning.

Wait. I will call big brother.

I didn't say which whale failed. One of them will, though

tbcoin

legendary

Activity: 1022

Merit: 1000

Gox is crazy again??

NamelessOne

legendary

Activity: 840

Merit: 1000

Higher low, indeed looking like a back test of the wedge/channel breakout from earlier.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: oda.krell on November 20, 2013, 03:37:58 PM

I love the smell of failed whale schemes in the morning.

Wait. I will call big brother.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: dasein on November 20, 2013, 03:38:50 PM

Quote from: Carlor on November 20, 2013, 03:32:12 PM

Quote from: oda.krell on November 20, 2013, 03:16:50 PM

Quote from: Carlor on November 20, 2013, 03:11:30 PM

Quote from: Wekkel on November 20, 2013, 02:51:53 PM

Currency of the future. My payment of xx:18 still has 0 confirmations at xx:51. Sorry I could not dump you sooner, my coins

This is why bitcoin might die soon. Because there are to many people who don't understand, that the value of bitcoin is based on the promise of fast and cheap transactions. They dream of some kind of electric gold and this will make bitcoin drop to zero.
If you can't pay your 3$ coffee without an 3$ fee, bitcoin is worth shit.

every damn time. what happened to good old "lurk moar"? here's your answer: the (highly secure) blockchain is most likely not the ideal medium for micro transfers, and probably not even for small-ish transactions like paying for your coffee. That doesn't mean Bitcoin will fail, it only means there will be ways to perform smaller transaction off the chain.

The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.

8 year olds, dude. 8 year olds.

dasein

full member

Activity: 122

Merit: 100

Quote from: Carlor on November 20, 2013, 03:32:12 PM

Quote from: oda.krell on November 20, 2013, 03:16:50 PM

Quote from: Carlor on November 20, 2013, 03:11:30 PM

Quote from: Wekkel on November 20, 2013, 02:51:53 PM

Currency of the future. My payment of xx:18 still has 0 confirmations at xx:51. Sorry I could not dump you sooner, my coins

This is why bitcoin might die soon. Because there are to many people who don't understand, that the value of bitcoin is based on the promise of fast and cheap transactions. They dream of some kind of electric gold and this will make bitcoin drop to zero.
If you can't pay your 3$ coffee without an 3$ fee, bitcoin is worth shit.

every damn time. what happened to good old "lurk moar"? here's your answer: the (highly secure) blockchain is most likely not the ideal medium for micro transfers, and probably not even for small-ish transactions like paying for your coffee. That doesn't mean Bitcoin will fail, it only means there will be ways to perform smaller transaction off the chain.

The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.

miningnew

hero member

Activity: 854

Merit: 501

wtf is this whale doing? Huh

oda.krell

legendary

Activity: 1470

Merit: 1007

I love the smell of failed whale schemes in the morning.

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

Quote from: Carlor on November 20, 2013, 03:32:12 PM

Quote from: oda.krell on November 20, 2013, 03:16:50 PM

Quote from: Carlor on November 20, 2013, 03:11:30 PM

Quote from: Wekkel on November 20, 2013, 02:51:53 PM

Currency of the future. My payment of xx:18 still has 0 confirmations at xx:51. Sorry I could not dump you sooner, my coins

This is why bitcoin might die soon. Because there are to many people who don't understand, that the value of bitcoin is based on the promise of fast and cheap transactions. They dream of some kind of electric gold and this will make bitcoin drop to zero.
If you can't pay your 3$ coffee without an 3$ fee, bitcoin is worth shit.

every damn time. what happened to good old "lurk moar"? here's your answer: the (highly secure) blockchain is most likely not the ideal medium for micro transfers, and probably not even for small-ish transactions like paying for your coffee. That doesn't mean Bitcoin will fail, it only means there will be ways to perform smaller transaction off the chain.

The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.

aaaaaaaand

ignore engaged

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: TERA on November 20, 2013, 03:32:05 PM

Despite the bubble poppage, there is massive bid depth building across the exchanges. Bitstamp now has 10m USD (up from 700k in the summer and 6m just the other day). BT China now has 55m CNY (up from 5m at the beginning of the rally). I don't know what to make of it. My instinct from April, looking at the asks, and the h4 emas, is to sell because its probably capitulating into 300. But then I look at these new bids and I just don't think its safe. What do you think?

Lots of newcomers looking for coins, so if you and others sell it will definitely be a nice gesture towards them but a lot of you dumpers are going to end up with fewer coins when this bear trap is over. Wink

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Somebody just put up a 2k wall at $600 on gox ... opportunity gone Cheesy

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

gotta love these swings

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: Carlor on November 20, 2013, 03:32:12 PM

The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.

Guys, you heard it from [Date Registered: November 15, 2013, 01:22:48 PM], show's over. See you at the next Ponzi.

ErisDiscordia

legendary

Activity: 1133

Merit: 1163

Imposition of ORder = Escalation of Chaos

Quote from: oda.krell on November 20, 2013, 03:16:50 PM

Quote from: Carlor on November 20, 2013, 03:11:30 PM

Quote from: Wekkel on November 20, 2013, 02:51:53 PM

Currency of the future. My payment of xx:18 still has 0 confirmations at xx:51. Sorry I could not dump you sooner, my coins

This is why bitcoin might die soon. Because there are to many people who don't understand, that the value of bitcoin is based on the promise of fast and cheap transactions. They dream of some kind of electric gold and this will make bitcoin drop to zero.
If you can't pay your 3$ coffee without an 3$ fee, bitcoin is worth shit.

every damn time. what happened to good old "lurk moar"? here's your answer: the (highly secure) blockchain is most likely not the ideal medium for micro transfers, and probably not even for small-ish transactions like paying for your coffee. That doesn't mean Bitcoin will fail, it only means there will be ways to perform smaller transaction off the chain.

or smaller transactions might happen on alt-coins specifically designed to be feasible for microtransactions.

But first Bitcoin must prove to the world, that the concept of crypto currencies can be trusted and is feasible and while that is going on, Bitcoin will also be usable for small transactions, like paying 3$ worth of coffee, because the price is still around 600USD/BTC instead of 40 000USD/BTC. When whe reach THAT point (which implies that Bitcon has succeeded in proving the above mentioned) small transactions might not be feasible, unless the protocol is adjusted.

BRADLEYPLOOF

hero member

Activity: 520

Merit: 500

Quote from: Frequency on November 20, 2013, 03:32:18 PM

Quote from: BRADLEYPLOOF on November 20, 2013, 03:27:42 PM

stamp > gox by 20? WTF?

Gox got Stamped?

Present Tense: Is getting... Gox is getting stamped

EDIT: Apparently, I offended someone because Gox just soared past stamp...Someone's trolling, lurking, and buying...

haightst

newbie

Activity: 42

Merit: 0

Quote from: rpietila on November 20, 2013, 02:58:19 PM

Quote from: tarmi on November 20, 2013, 02:46:54 PM

Quote from: rpietila on November 20, 2013, 02:44:50 PM

Quote from: hd060053 on November 20, 2013, 02:31:10 PM

What a retarded dump. epic failed.

The dumps serve twofold purpose:
- Opportunity to sell many coins at reasonable prices
- Scare effect.

occam says dump = taking profits

We don't need fiat profits.

The ones who are interested in fiat do not have so many coins that they could make a dent in the price. As I told above, dump is either manipulative speculation (I) or nasty manipulative speculation (II).

Quote from: ?? on ??

Quote from: rpietila on November 20, 2013, 02:44:50 PM

Remember - manipulators are never out of coins.

Yes but it looks like most of them might have $ signs on atm. That looked more like minnows than a whale, maybe just another shakeout though.

The battle is during the next 24-48 hours. If we can force China to stay below 4000, even better <3000, and make a row of daily red candles in western exchanges, then this was officially a bubble, and a bear market will commence for the remainder of the year. The price is still so high, it is profitable to sell and buy back cheaper -

I invite you to join the BEARS!

hello? check your e:mail inbox! Wink

*we need to chat ! ~many thanks!

Frequency

hero member

Activity: 540

Merit: 500

COINDER

Quote from: BRADLEYPLOOF on November 20, 2013, 03:27:42 PM

stamp > gox by 20? WTF?

Gox got Stamped?

Carlor

newbie

Activity: 28

Merit: 0

Quote from: oda.krell on November 20, 2013, 03:16:50 PM

Quote from: Carlor on November 20, 2013, 03:11:30 PM

Quote from: Wekkel on November 20, 2013, 02:51:53 PM

Currency of the future. My payment of xx:18 still has 0 confirmations at xx:51. Sorry I could not dump you sooner, my coins

This is why bitcoin might die soon. Because there are to many people who don't understand, that the value of bitcoin is based on the promise of fast and cheap transactions. They dream of some kind of electric gold and this will make bitcoin drop to zero.
If you can't pay your 3$ coffee without an 3$ fee, bitcoin is worth shit.

every damn time. what happened to good old "lurk moar"? here's your answer: the (highly secure) blockchain is most likely not the ideal medium for micro transfers, and probably not even for small-ish transactions like paying for your coffee. That doesn't mean Bitcoin will fail, it only means there will be ways to perform smaller transaction off the chain.

The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.

TERA

hero member

Activity: 728

Merit: 500

Despite the bubble poppage, there is massive bid depth building across the exchanges. Bitstamp now has 10m USD (up from 700k in the summer and 6m just the other day). BT China now has 55m CNY (up from 5m at the beginning of the rally). I don't know what to make of it. My instinct from April, looking at the asks, and the h4 emas, is to sell because its probably capitulating into 300. But then I look at these new bids and I just don't think its safe. What do you think?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31765. (Read 26608905 times)