Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32021. (Read 26608261 times)

day or two in my case

big time selling pressure on stamp..

You should know I slaved away in Paint to bring you this.

If you bought and sold today I think it is the only day in history you would have lost money,

Bitcoin Is High risk, it is highly volatile, the only way to win is buy and hold, and never invest more than you are prepared to lose.

How long does it take to verify an ID on bitstamp?  1 day?  3 days?  Anyone?

youre not actually illustrating what you are saying. can you show us why it is not like 2012? you can't see price action in 2012 on that graph.

Uh, because it's already quite clearly proven itself not to be 2012 style. Look at a graph again.

Oh! CB=Coinbase, got it    Thanks

Why sure:
http://blog.coinbase.com/
 

Link?

Every time someone sends Richy_T 10XBT the graphs improve exponentially.
Moleccccular created a this over time available on YouTube:
http://www.youtube.com/watch?v=ifKS-UebUCI

I think he's got a fair point about bad news being downplayed.

If we were in a downtrend, there'd probably be an outright panic about coin blacklisting. "The end of Bitcoin!" "Fungibility is dead!".

Anyway.

Why do people assume that this is going to be another march/April style 800% bubble? You are forgetting that back then the time in between the last ATH of $32 was an entire 2 years of consolidation. This time it was only 6 months. Were likely to see a 2012 style increase instead.

I just secured my original outlay, so I'm sitting on 100% profit BTC.  it is a good price and I'm still in the game.

Edit: I had this thought this morning that we have gone up insanely fast, While we may go up more, I don't want to be greedy because I would be disappointed that I didn't secure my profits like in April.  I don't want to repeat that again, even though I do believe the price of 431 could be the low end and even if we dip we'll see this price again at some point.

It's important to reconcile the scopes of perception here, considering that most of these scopes cannot see the other:

a) We are literally sitting staring at the screen, waiting, chatting while we *decide* if the charts are about to consolidate, go bullish, go bearish, hit the moon, etc. This *is*, we *are* the pulse of the btc speculation ecosphere. We are standing in the boiler room watching the machine pump heat--  because we can see it's working just fine, sometimes it's hard to believe that it's too warm or cold upstairs. Classic myopia.

b) We have no idea, for the most part, what the Chinese are doing, in terms of sentiment, other that heavily buying in steadily. They are likely speculators and folks just like us, who see the newest, shiniest thing, or realize the coming value of a mature crypto account register.

c) Many of us have friends who are newly interested in Bitcoin, they are approaching us, actually listening to the conversation about cryptos. These people were afraid we'd pass out tinfoil hats at last Thanksgiving (some of us have done so forever, such is the nature of visionary (ahem, nuts)).

d) The upcoming Senate hearing (on the 18th), VC's throwing money to startups that we haven't even really begun to see the product of (Kraken, Coinsetter...), Forbes articles and in general continually more positive news spin and coverage. The proletariate will be what they have always been, the peeps.

e) The googly trends chart... oh, what correlation it carries is astounding. If there ever was a cogent point for 'don't read into it too much' it's this chart (albeit it's a trailing one, sadly :-/).

f) Bitcoin is hugely successful in any context. We know that, but it will be all the more obvious in 20 years. Yeah, duh, the internet and money had a bastard child. Why wouldn't it rock the casbah. So, stepping away from the cliff, we should take some pride in being involved, and be humbled to see a change for the good, away from manipulable capital that seeks nothing but further vampiric reduction of liberty, while enforcing a crippling cancerous consumption mantra. What was great for industrialization is now going the way of the dodo--> P2P kills centralization.

g) Asset, commodity, currency, protocol or whatever, it will adhere to price discovery if easily exchanged. Playas gonna play, haterz gonna hatez.

Conclusion: rpitella's (sp?) chart is really pretty good, so far, until it's not. We're going up too fast (for the last hot 10 seconds), so if trading's what you like, there will be a chance to increase your BTC count. Long term, to the moon. Peace out folks, and don't forget to set your bitcoinreminders (.com).

i think you may want to upgrade your phone modem or something? LOL~ i'm seeing 429!  

Nice that price is not crashed by 10k dumps. Big fellows starting to understand that BTC @ $1,000 will attract a bigger public. So, let's start that rocket then....

I figured it would be just the amount of BTC at each value range in a text file no?  I would still like to see it in it's entirety if it's at all possible  

Perhaps in can be stuffed into a database and consolidated that way?

I don't actually have 12 months of data. I think I got Chartbuddy started just after the crash. I download the data from Gox each minute. It takes up quite a lot of space and I have archived some of it off (Though it's still easily available). I'm considering a different scheme for storing the data (just deltas rather than the full dataset which is large even when zipped).