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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32201. (Read 26713133 times)

hero member
Activity: 574
Merit: 500
My Money hits my exchange monday - tuesday my guess... Show me the corrections Cheesy
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1400
Merit: 1013
Honestly I'll be concerned if the current growth rate on the weekly chart continues for more than another week without some consolidation. In April we had two > 30% weeks followed by a 45% week before the crash.

Current week is +35% with one day left to go.
sr. member
Activity: 378
Merit: 255
too many chinese.  too few bitcoins.  someone is making a lot of money by selling for $350 in china and buying for $330 in europe.

when the chinese buyers decide to take a profit, you had best be headed the same direction, faster.

meanwhile, if the same number of bitcoin are bought in the lit market today as yesterday, then the price will go over 3000 yuan.
since that can't happen, either someone will buy the wall at usd 335 on bitstamp, and send it to btcchina, or else the dam will break tonight.

Oh ye of little faith.  Are you new to bitcoin or something?
hero member
Activity: 686
Merit: 500
Ultranode
Log charts are useful for illustrating the spread or adoption of a technology but not specific instances of that technology. Bitcoin is just an instance of something larger. And even if it wasn't, a log chart would be appropriate for spread or adoption, not price in fiat.
But isn't price in fiat pretty much proportional to bitcoin adoption? (assuming fiat value is constant)

Fix your brain.
Here's a compelling argument :
http://www.x-btc.com/1/post/2013/11/bitcoin-is-not-surging-going-ballistic-or-going-on-an-astronomical-tear.html
What's yours?

Bitcoiners suffer from extreme confirmation bias and the charts they concoct reflect this.
full member
Activity: 164
Merit: 100
Gone for a minute now back again
Log charts are useful for illustrating the spread or adoption of a technology but not specific instances of that technology. Bitcoin is just an instance of something larger. And even if it wasn't, a log chart would be appropriate for spread or adoption, not price in fiat.
But isn't price in fiat pretty much proportional to bitcoin adoption? (assuming fiat value is constant)

Fix your brain.
Here's a compelling argument :
http://www.x-btc.com/1/post/2013/11/bitcoin-is-not-surging-going-ballistic-or-going-on-an-astronomical-tear.html
What's yours?
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Code:
Total BTC	11,964,950 BTC
Market Cap
based on latest prices
3,709,158,430 USD
or 2,835,693,150 EUR
or 11,833,335,550 PLN
or 2,548,534,470 GBP

This should be irrelevant, but I thought it might matter:
http://www.wikinvest.com/stock/EBay_(EBAY)/Data/Market_Capitalization
Goodnight everybody...
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Even if we have a huge crash this weekend it's still not going to go below the previous ath (266?).

How do you think you know this?

Obama promised.
hero member
Activity: 686
Merit: 500
Ultranode
and Walsoraj's ignore button gets just a tiny bit darker...bye

Can't handle the logic bombs? I understand. Few can.

 Cheesy Cool
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
and Walsoraj's ignore button gets just a tiny bit darker...bye
hero member
Activity: 686
Merit: 500
Ultranode
Log charts are useful for illustrating the spread or adoption of a technology but not specific instances of that technology. Bitcoin is just an instance of something larger. And even if it wasn't, a log chart would be appropriate for spread or adoption, not price in fiat.
But isn't price in fiat pretty much proportional to bitcoin adoption? (assuming fiat value is constant)

Fix your brain.
legendary
Activity: 1400
Merit: 1013
Warning: Bitcoin just crashed to a new ATH on Mt Gox. The end times are upon us.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
too many chinese.  too few bitcoins.  someone is making a lot of money by selling for $350 in china and buying for $330 in europe.

when the chinese buyers decide to take a profit, you had best be headed the same direction, faster.

meanwhile, if the same number of bitcoin are bought in the lit market today as yesterday, then the price will go over 3000 yuan.
since that can't happen, either someone will buy the wall at usd 335 on bitstamp, and send it to btcchina, or else the dam will break tonight.

1.3 billion chinese are telling us that BTC is a buy at $358.28, while 750 million europeans are telling us that BTC is a sell at $334.40.
full member
Activity: 164
Merit: 100
Gone for a minute now back again
Log charts are useful for illustrating the spread or adoption of a technology but not specific instances of that technology. Bitcoin is just an instance of something larger. And even if it wasn't, a log chart would be appropriate for spread or adoption, not price in fiat.
But isn't price in fiat pretty much proportional to bitcoin adoption? (assuming fiat value is constant)
hero member
Activity: 686
Merit: 500
Ultranode
Funny that they have the same sleeping habits as actual Chinese people in China.  Weird.
It must be the same imaginary traders who are eating that ask wall on Mt Gox right now.

I'm not denying that the manipulators have convinced a lot of stupid amurikans to do a lot of stupid trading.

Fool.
newbie
Activity: 42
Merit: 0
Funny that they have the same sleeping habits as actual Chinese people in China.  Weird.
It must be the same imaginary traders who are eating that ask wall on Mt Gox right now.

robots at work? lol  Cheesy
legendary
Activity: 1400
Merit: 1013
Funny that they have the same sleeping habits as actual Chinese people in China.  Weird.
It must be the same imaginary traders who are eating that ask wall on Mt Gox right now.
hero member
Activity: 686
Merit: 500
Ultranode
Funny that they have the same sleeping habits as actual Chinese people in China.  Weird.

Wouldn't appear real, otherwise. Fool.
sr. member
Activity: 378
Merit: 255
Funny that they have the same sleeping habits as actual Chinese people in China.  Weird.
full member
Activity: 224
Merit: 100
I can't help but feel that although chinese people love bitcoin that there's also a thing where china would love to destroy the dollar as the world's reserve currency. and this is part of it.

Except the Chinese are not buying bitcoin. BtcChina is manipulated by a few money laundering Amurikans who fear FINCEN registered exchanges and realize they can trigger USA rallies by creating the illusion that a foreign country is crazy over bitcoin.  

That's a very interesting theory. So there is no-one in china buying bitcoin, it's just americans pretending to be chinese
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