Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32554. (Read 26471274 times)
July 23, 2013, 05:49:10 AM
When I see the 1k and 600 wall moving around I try to imagine what that guy is thinking. Obviously he is really rich, and he also don't really understand what he is doing. It's nice to know that one loaded guy is starting to get interested in bitcoins. After playing around, reading around and trying to convince his friend, who knows what crazy ideas he might get and might buy for much much more than 1600BTC...
July 23, 2013, 05:45:04 AM
someone is laughing at single digit believers. And me too 
BTC velocity would have to drastically increase for single digits to be viable at this stage, IMO. At single digits, the available BTC wouldn't store enough value to be able to support payments. This is the reason you can effectively ignore the single digit argument -- Bitcoin would have to completely fail as a payment medium, or all the speculators would have to go away, in order for us to get there.
i know, but its good you said this because people tend to froget about this or maybe still don't understand.
I wonder also how long it would be for double digits to be gone for good. Maybe it's not that far away considering new and new entities starting to accept bitcoin each day.
:-)
It's also why the $10K valuations aren't as ridiculous as they sound -- try plugging in, say, 10% of visa volume into the equation :-) Of course we have a Tx limit to deal with first though...
My missus (economist) was initially convinced BTC would fail simply because there aren't enough of them...
July 23, 2013, 05:36:12 AM
someone is laughing at single digit believers. And me too
BTC velocity would have to drastically increase for single digits to be viable at this stage, IMO. At single digits, the available BTC wouldn't store enough value to be able to support payments. This is the reason you can effectively ignore the single digit argument -- Bitcoin would have to completely fail as a payment medium, or all the speculators would have to go away, in order for us to get there.
i know, but its good you said this because people tend to froget about this or maybe still don't understand.
I wonder also how long it would be for double digits to be gone for good. Maybe it's not that far away considering new and new entities starting to accept bitcoin each day.
July 23, 2013, 05:29:23 AM
someone is laughing at single digit believers. And me too
BTC velocity would have to drastically increase for single digits to be viable at this stage, IMO. At single digits, the available BTC wouldn't store enough value to be able to support payments. This is the reason you can effectively ignore the single digit argument -- Bitcoin would have to completely fail as a payment medium, or all the speculators would have to go away, in order for us to get there.
July 23, 2013, 05:28:34 AM
93.8, I like this new guy. Probably just change for him, he just adds one digit as he feels like it. Probably bored that the bots keeps minraising him. $94.5 will happen soon!
July 23, 2013, 05:26:07 AM
someone is laughing at single digit believers. And me too
July 23, 2013, 05:25:53 AM
Price is going up!
July 23, 2013, 05:25:02 AM
$93k says we are gonna stay above 93
and another 1000 @93.7ok, now 1600 as he removed 93 wall.
July 23, 2013, 05:18:59 AM
$93k says we are gonna stay above 93
July 23, 2013, 05:01:41 AM
July 23, 2013, 04:01:44 AM
July 23, 2013, 03:01:31 AM
July 23, 2013, 02:01:16 AM
July 23, 2013, 01:54:59 AM
July 23, 2013, 01:52:42 AM
The spread between MtGox and Bitstamp is going crazy again. Even though they have about the same volume as of recent, their prices differ by over 8% right now.
▲ mtgoxUSD 93.7900
▲ bitstampUSD 86.5400
▲ btceUSD 84.5380
▲ mtgoxUSD 93.7900
▲ bitstampUSD 86.5400
▲ btceUSD 84.5380
July 23, 2013, 01:01:20 AM
July 23, 2013, 12:09:32 AM
My favourite part is when people extol "stability" while conveniently ignoring abysmal volume.
July 23, 2013, 12:01:17 AM
July 22, 2013, 11:59:45 PM
If this baby goes down though, I believe 90 is no save bet as we will at least go back to 70, maybe lower.
Not at all, we're bouncing around the high 80's. It is probably going to stay stable for a while and then go up just before going back down. It will stabilize at a higher value.What makes you say this?
July 22, 2013, 11:58:23 PM
If this baby goes down though, I believe 90 is no save bet as we will at least go back to 70, maybe lower.
Not at all, we're bouncing around the high 80's. It is probably going to stay stable for a while and then go up just before going back down. It will stabilize at a higher value. Jump to: