Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31911. (Read 26729361 times)
November 20, 2013, 03:33:19 PM
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...
November 20, 2013, 03:33:07 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).
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!
*we need to chat ! ~many thanks! 
November 20, 2013, 03:32:18 PM
November 20, 2013, 03:32:12 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.
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.
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?
November 20, 2013, 03:31:40 PM
stamp > gox by 20? WTF?
What happened with all those people crying that they can't get money out of gox? they dont care they are bears they will just buy back "lower"
November 20, 2013, 03:30:45 PM
stamp > gox by 20? WTF?
What happened with all those people crying that they can't get money out of gox? 
November 20, 2013, 03:28:11 PM
I miss the double digit days....
Double digit swings, I mean.
Double digit swings, I mean.
November 20, 2013, 03:28:06 PM
November 20, 2013, 03:27:42 PM
stamp > gox by 20? WTF?
November 20, 2013, 03:23:20 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).
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!
Are you full of crap?
November 20, 2013, 03:22:49 PM
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.
Such as in bitcoin specie. Its ideal for the small off-block-chain point-of-sale no-delay small transaction and is also more anonymous than the cryptocurrency.
/shameless-plug
November 20, 2013, 03:22:28 PM
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!
I invite you to join the BEARS!
Your attempt at manipulation is pathetic, I'm sorry to say that. Hope it backfires on you.
November 20, 2013, 03:20:43 PM
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.
Such as in bitcoin specie. Its ideal for the small off-block-chain point-of-sale no-delay small transaction and is also more anonymous than the cryptocurrency.
/shameless-plug
November 20, 2013, 03:20:01 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).
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!
Are you full of crap?
November 20, 2013, 03:16:50 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.
November 20, 2013, 03:15:59 PM
The btc payment has got the standard fee included. Heck, even my ftc payment of xx:47 already has 1 confirmation 
Default fee was zero last time I tried to send from Bitcoin-qt. Took a while for that one to go through. Could be a bit more friendlier on the UI.
Yes, I missed this too on a new install last week. Cost me a couple hours and some embarrassment helping out a new user at an OTC meetup.
November 20, 2013, 03:15:49 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.
Fees can be trivial.
Perhaps what is needed is for receivers to be able to specify a fraction of the transaction as a fee. I can think of a few different ways that could be done. That would take the onus away from the sender who may be a tightwad (like me
) November 20, 2013, 03:15:15 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.
Have you even ever purchased something for bitcoin? I have, and it was very fast and it cost me about 0,01 dollar in transaction fees.
November 20, 2013, 03:15:07 PM
Remember always that whalelish guys like rpietila and nemesis or goat for that matter can troll to get more coins. Rpietila and nemesis has even confessed this.
I cannot repeat this enough. Watch the tape, read a few books, but as a general rule do not listen to forum advice. This place is a den of iniquity and greed sometimes, with sock puppets, fake accounts and trolls everywhere. Watch where you step.
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