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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31862. (Read 26713289 times)

full member
Activity: 238
Merit: 100
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I'm making a cup of green tea.

Anyone trading should do the same. There's some psychoactive stuff in green tea leaves that tends to calm you down, make you more composed and rational. I've found it very useful for technical trading.

I remember reading that anthropologists suspect that it's the psychoactive qualities of green tea that led to the development of the Japanese tea ceremony and Zen Buddhism.

But I digress...
Japanese green teas like sencha and gyokuro are especially full of L-Theanine, the drug you're mentioning.

I'm a big fan of white tea (Chinese) from Fujian. it's been dried less, so there's even more goodies than in green tea.

Not sure about calm -- plenty of caffiene, but it certainly makes you more alive. There's a reason the British empire was built on tea imports.

I'll send some for 0.01BTC + p&p
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
full member
Activity: 238
Merit: 100
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The Chinese exchange is still trading at 821 USD equivalent.

I'm honestly at a loss to explain this. Sure, you expect SOME arbitrage differences, but why aren't people selling into the Chinese exchange with the intention of waiting for the arbitrageurs to bring the exchanges closer together, THEN flip back into Bitcoin and cash out through the Western exchanges?

Very weird.

Futures are 500 kuai lower and likely to fall further. BTC looking risky, lots of people will be looking to arb the gap with Bitstamp instead and bide their time.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫

Japanese green teas like sencha and gyokuro are especially full of L-Theanine,

and isotopes...don't forget the isotopes

Isomers...?
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot

Japanese green teas like sencha and gyokuro are especially full of L-Theanine,

and isotopes...don't forget the isotopes
full member
Activity: 133
Merit: 100
I'm making a cup of green tea.

Anyone trading should do the same. There's some psychoactive stuff in green tea leaves that tends to calm you down, make you more composed and rational. I've found it very useful for technical trading.

I remember reading that anthropologists suspect that it's the psychoactive qualities of green tea that led to the development of the Japanese tea ceremony and Zen Buddhism.

But I digress...
Japanese green teas like sencha and gyokuro are especially full of L-Theanine, the drug you're mentioning.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
I'm making a cup of green tea.

Anyone trading should do the same. There's some psychoactive stuff in green tea leaves that tends to calm you down, make you more composed and rational. I've found it very useful for technical trading.

I remember reading that anthropologists suspect that it's the psychoactive qualities of green tea that led to the development of the Japanese tea ceremony and Zen Buddhism.

But I digress...

Sleep once a day is also very effective

I remember hearing about sleep once...
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
The Chinese exchange is still trading at 821 USD equivalent.

I'm honestly at a loss to explain this. Sure, you expect SOME arbitrage differences, but why aren't people selling into the Chinese exchange with the intention of waiting for the arbitrageurs to bring the exchanges closer together, THEN flip back into Bitcoin and cash out through the Western exchanges?

Very weird.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Its very obvious at this point that BTC is back in a upwards trend.

No it is not.

Leave your emotions behind. This bounce back up is no more meaningful than the drop to $600 was.

Most likely we will correct back toward $650 before we hit $700. If that doesn't happen I will be pleasantly surprised.  Smiley

the bouncing all over is random, this will play out by December 3rd when the senate hearings close.

wait what their are more hearing coming?

they are keeping the record open for more written input
full member
Activity: 133
Merit: 100
Are there any estimates on when the Bitcoin ETF is coming/how long an ETF takes the SEC to create?
sr. member
Activity: 470
Merit: 250
Boring period incoming. Thank Bitcoin -- chance to focus on your family over Christmas instead of checking the price every 20 seconds.
What's the fun in that?  Cheesy
full member
Activity: 238
Merit: 100
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I think Goat called it when he observed that the bull run isn't over, it is just being throttled by fiat constraints.

So lots of people are waiting on bank transfers which is creating a huge influx of money?

I think this is an oversimplified view of things. More money is coming in, but people are also getting nervous and jumping ship the longer this thing takes to get moving again.

Furthermore, a lot of people who sent their money in to exchanges may change their mind now that the rally is over and things are slipping.

I'd be pleased to see another move upward but I have no expectation of that.

Agreed, it's not this simple. Of course the bubble didn't run out due to lack of fiat! People need to have logical consistency. During the rise everyone was proclaiming "We can't crash, there are too many exchanges, they can't all fail!". Now the same group of people are shouting "All the exchanges are out of fiat!". It doesn't make any sense.

Look at China: Fiat to the exchanges in under 5 minutes, but buying is subdued. The crash isn't because of "lack of fiat", it's because "areyoumotherfuckinginsaneitjustrose1700%"!

Boring period incoming. Thank Bitcoin -- chance to focus on your family over Christmas instead of checking the price every 20 seconds.
foo
sr. member
Activity: 409
Merit: 250
New Chinese search ATHs on November 19th! Baidu hit a peak over 50% higher than the old one from May:

http://index.baidu.com/main/word.php?word=%B1%C8%CC%D8%B1%D2

...and Chinese Wikipedia also hit an ATH:

http://stats.grok.se/zh/latest90/%E6%AF%94%E7%89%B9%E5%B8%81
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
I think Goat called it when he observed that the bull run isn't over, it is just being throttled by fiat constraints.

So lots of people are waiting on bank transfers which is creating a huge influx of money?

I think this is an oversimplified view of things. More money is coming in, but people are also getting nervous and jumping ship the longer this thing takes to get moving again.

Furthermore, a lot of people who sent their money in to exchanges may change their mind now that the rally is over and things are slipping.

I'd be pleased to see another move upward but I have no expectation of that.
hero member
Activity: 588
Merit: 500
I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt.  The list goes on - its the fiat interface that hampers crypto adoption.

Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows.

Keep checking Coinbase. I was able to buy last night, price lock-in and all.

Coinbase has a daily limit that THEY can buy, and a daily limit that YOU can buy from THEM.  Since few with coinbase accounts are selling their coins, they run out.  Two days in a row, today they were out by 9:30 pacific time.  If you can hit them up between the time they buy and when they run out, you can buy with a lock in, otherwise you get whatever price it happens to be when your money arrives from the ACH.

How do they calculate how many bitcoins you will get if they don't get a buy price until after you ACH money has arrived?

They wait until your money arrives and then put you in the queue for when they do their daily coin buy.  You agree to this unknown price when you send them the ACH... and still they are selling out, every day...

I think Goat called it when he observed that the bull run isn't over, it is just being throttled by fiat constraints.

So lots of people are waiting on bank transfers which is creating a huge influx of money?
legendary
Activity: 840
Merit: 1000
Its very obvious at this point that BTC is back in a upwards trend.

No it is not.

Leave your emotions behind. This bounce back up is no more meaningful than the drop to $600 was.

Most likely we will correct back toward $650 before we hit $700. If that doesn't happen I will be pleasantly surprised.  Smiley

the bouncing all over is random, this will play out by December 3rd when the senate hearings close.

wait what their are more hearing coming?
no, The record will stay open until the senators have had time to ask all questions not yet put to the witnesses.

their still talking about bitcoin now

http://www.c-span.org/Live-Video/C-SPAN3/


That is just a repeat of the feed from earlier. Odd.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Its very obvious at this point that BTC is back in a upwards trend.

No it is not.

Leave your emotions behind. This bounce back up is no more meaningful than the drop to $600 was.

Most likely we will correct back toward $650 before we hit $700. If that doesn't happen I will be pleasantly surprised.  Smiley

the bouncing all over is random, this will play out by December 3rd when the senate hearings close.

wait what their are more hearing coming?
no, The record will stay open until the senators have had time to ask all questions not yet put to the witnesses.

their still talking about bitcoin now

http://www.c-span.org/Live-Video/C-SPAN3/
legendary
Activity: 1372
Merit: 1000
Its very obvious at this point that BTC is back in a upwards trend.

No it is not.

Leave your emotions behind. This bounce back up is no more meaningful than the drop to $600 was.

Most likely we will correct back toward $650 before we hit $700. If that doesn't happen I will be pleasantly surprised.  Smiley

the bouncing all over is random, this will play out by December 3rd when the senate hearings close.

wait what their are more hearing coming?
no, The record will stay open until the senators have had time to ask all questions not yet put to the witnesses experts.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt.  The list goes on - its the fiat interface that hampers crypto adoption.

Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows.

Keep checking Coinbase. I was able to buy last night, price lock-in and all.

Coinbase has a daily limit that THEY can buy, and a daily limit that YOU can buy from THEM.  Since few with coinbase accounts are selling their coins, they run out.  Two days in a row, today they were out by 9:30 pacific time.  If you can hit them up between the time they buy and when they run out, you can buy with a lock in, otherwise you get whatever price it happens to be when your money arrives from the ACH.

How do they calculate how many bitcoins you will get if they don't get a buy price until after you ACH money has arrived?

They wait until your money arrives and then put you in the queue for when they do their daily coin buy.  You agree to this unknown price when you send them the ACH... and still they are selling out, every day...

I think Goat called it when he observed that the bull run isn't over, it is just being throttled by fiat constraints.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Its very obvious at this point that BTC is back in a upwards trend.

No it is not.

Leave your emotions behind. This bounce back up is no more meaningful than the drop to $600 was.

Most likely we will correct back toward $650 before we hit $700. If that doesn't happen I will be pleasantly surprised.  Smiley

the bouncing all over is random, this will play out by December 3rd when the senate hearings close.

wait what their are more hearing coming?
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