Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32813.

nmersulypnem

full member

Activity: 238

Merit: 100

Quote from: Coinseeker on June 29, 2013, 09:34:04 AM

MtGox willfully coming under regulations is extremely bullish news. Anything that brings the Bitcoin economy under US regulations is extremely positive for Bitcoins future. If this trend continues, I will have to dump my bear claws for bull horns. Yes, I think it's that significant and of course the news is, soooo anti-Libertarian, I can't hardly control my laughter. Grin

This news does not seem to have hit mainstream media in the US yet. Could be because it came out in a Friday news dump. I wouldn't expect some crazy panic buy but I would expect sentiment to begin to shift in a positive way toward Bitcoin. The more Bitcoin can shed it's "anti-regulation", "criminal sponsor" image, the better chance it has to be successful.

All they've done is APPLY. The application hasn't even been reviewed yet by FINCEN, and, let me tell you, it's going to get a lot of scrutiny. But the application itself isn't news at all. Of course they applied - if anything, just to get the money in their seized Dwolla account back. Did people really expect them to remain shut-off from the US market?

Adrian-x

legendary

Activity: 1372

Merit: 1000

Quote from: JimboToronto on June 29, 2013, 11:18:34 AM

I thought the whole idea of Libertarianism was less taxation (and hence government). Aren't they the opposite of socialists, closer idealogically to Republicans than Democrats in the American political scale?

Democrats & Republicans (Communist too) are 2 sides of the same coin - collectivists, (the average is more important than the individual)
Libertarians - individualism, (individuals free from coercion will best serve the whole) the US is founded on the principles of individual freedoms and it provided to serve the whole better than other forms of collectivism up until its demise between the 2 world wars.

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Quote from: QuestionAuthority on June 29, 2013, 11:30:42 AM

Quote from: JimboToronto on June 29, 2013, 11:18:34 AM

Quote from: QuestionAuthority on June 29, 2013, 10:14:35 AM

The Libertarian nut jobs on this forum drove me so crazy at one point I said fuck this place.... The hardcore Porcfest Libertarians in TBF like Voorhees are going to end up Republicans if they keep making truckloads of money and going mainstream. It's a great treat to watch them slowly sell out their principals to be wealthy. I actually expect to see him on a platform next to a republican presidential candidate someday screaming "no new taxes". lol

I thought the whole idea of Libertarianism was less taxation (and hence government). Aren't they the opposite of socialists, closer idealogically to Republicans than Democrats in the American political scale?

Yes the Libertarian ideal is a lie. That's the joke. Libertarians are Republicans in disguise.

Dalib

full member

Activity: 462

Merit: 101

A Top Web 3 Gaming Layer2 Provider

Quote from: Its About Sharing on June 29, 2013, 04:53:12 AM

Funny, was just going to post this and see you (Phoenix1) curious - just a coincidence if you believe in them.

I'm not going to play any bounces right yet. I'm going to see if any rally takes us through the 100 day EMA. We just crossed (under 10 day EMA) for the first time in a looooong time.
The 20 day or so EMA hasn't crossed and to be honest I have just played around with the 10 and 100 day - don't know that it is an accepted method.
The 10 day SMA has crossed under the 10 day EMA (slightly bearish) and that is accepted so I will still wait and look for strong confirmation of a reversal.

Regarding the hourly candles - well, the 4 and 1 hour are not doing anything and even the 15 min charts look the same. $100 is a key psychological barrier. And even if we break it, do we stay
above it for long? Next few days will be interesting and I'm curious is our WE dumper (and perhaps rescuer) re-appears.

I have analyzed by this method again in 2011:

I do not predict trend in 2013 according to 2011 bubbles.

But, who in 2011 according to this method sold and bought spared large losses (sold for 10 to 12, bought for 2-4, it is more than 250%).

Also in 2011 but the price of most collapsed after breaking Support on about $ 12 and the uptrend started to price first breached the "red line".

On the other hand, in 2011 was vastly different accumulation and distribution.

I still expect that if he falls below $ 92 a declining trend even faster this year. If we break up triangle, uptrend begins.

I believe that will see up to 10 days the end of the triangle.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: JimboToronto on June 29, 2013, 11:18:34 AM

Quote from: QuestionAuthority on June 29, 2013, 10:14:35 AM

The Libertarian nut jobs on this forum drove me so crazy at one point I said fuck this place.... The hardcore Porcfest Libertarians in TBF like Voorhees are going to end up Republicans if they keep making truckloads of money and going mainstream. It's a great treat to watch them slowly sell out their principals to be wealthy. I actually expect to see him on a platform next to a republican presidential candidate someday screaming "no new taxes". lol

I thought the whole idea of Libertarianism was less taxation (and hence government). Aren't they the opposite of socialists, closer idealogically to Republicans than Democrats in the American political scale?

Yes the Libertarian ideal is a lie. That's the joke. Libertarians are Republicans in disguise.

JimboToronto

legendary

Activity: 4116

Merit: 4738

You're never too old to think young.

Quote from: QuestionAuthority on June 29, 2013, 10:14:35 AM

The Libertarian nut jobs on this forum drove me so crazy at one point I said fuck this place.... The hardcore Porcfest Libertarians in TBF like Voorhees are going to end up Republicans if they keep making truckloads of money and going mainstream. It's a great treat to watch them slowly sell out their principals to be wealthy. I actually expect to see him on a platform next to a republican presidential candidate someday screaming "no new taxes". lol

I thought the whole idea of Libertarianism was less taxation (and hence government). Aren't they the opposite of socialists, closer idealogically to Republicans than Democrats in the American political scale?

phoenix1

hero member

Activity: 798

Merit: 1000

Quote from: ?? on ??

Quote from: phoenix1 on June 29, 2013, 10:35:09 AM

Down periscope .... $80 here we come ... whoop whoop Grin

Wait ... is that Shroomskit in the picture ?

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

phoenix1

hero member

Activity: 798

Merit: 1000

Down periscope .... $80 here we come ... whoop whoop Grin

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: QuestionAuthority on June 29, 2013, 10:14:35 AM

Quote from: Coinseeker on June 29, 2013, 09:34:04 AM

MtGox willfully coming under regulations is extremely bullish news. Anything that brings the Bitcoin economy under US regulations is extremely positive for Bitcoins future. If this trend continues, I will have to dump my bear claws for bull horns. Yes, I think it's that significant and of course the news is, soooo anti-Libertarian, I can't hardly control my laughter. Grin

This news does not seem to have hit mainstream media in the US yet. Could be because it came out in a Friday news dump. I wouldn't expect some crazy panic buy but I would expect sentiment to begin to shift in a positive way toward Bitcoin. The more Bitcoin can shed it's "anti-regulation", "criminal sponsor" image, the better chance it has to be successful.

I have to agree with you this time. It's very good for the survivability of Bitcoin. This is also very anti-Libertarian news. Soon Gox will be offering a free McDonalds Happy Meal with every deposit in their national currency of $100 or more. The Libertarian nut jobs on this forum drove me so crazy at one point I said fuck this place, deleted every post (almost 3000) and had theymos delete my account (CornedBeefHash). I just started watching the forum to see when to sell my stash of Bitcoinz. It's really hard to just watch for news and not have the ability to tell some of the turds off. I had to be able to post and tell them how stupid they are so I decided to QuestionAuthority at every turn. The hardcore Porcfest Libertarians in TBF like Voorhees are going to end up Republicans if they keep making truckloads of money and going mainstream. It's a great treat to watch them slowly sell out their principals to be wealthy. I actually expect to see him on a platform next to a republican presidential candidate someday screaming "no new taxes". lol

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: Coinseeker on June 29, 2013, 09:34:04 AM

MtGox willfully coming under regulations is extremely bullish news. Anything that brings the Bitcoin economy under US regulations is extremely positive for Bitcoins future. If this trend continues, I will have to dump my bear claws for bull horns. Yes, I think it's that significant and of course the news is, soooo anti-Libertarian, I can't hardly control my laughter. Grin

This news does not seem to have hit mainstream media in the US yet. Could be because it came out in a Friday news dump. I wouldn't expect some crazy panic buy but I would expect sentiment to begin to shift in a positive way toward Bitcoin. The more Bitcoin can shed it's "anti-regulation", "criminal sponsor" image, the better chance it has to be successful.

I have to agree with you this time. It's very good for the survivability of Bitcoin. This is also very anti-Libertarian news. Soon Gox will be offering a free McDonalds Happy Meal with every deposit in their national currency of $100 or more. The Libertarian nut jobs on this forum drove me so crazy at one point I said fuck this place, deleted every post (almost 3000) and had theymos delete my account (CornedBeefHash). I just started watching the forum to see when to sell my stash of Bitcoinz. It's really hard to just watch for news and not have the ability to tell some of the turds off. I had to be able to post and tell them how stupid they are so I decided to QuestionAuthority at every turn. The hardcore Porcfest Libertarians in TBF like Voorhees are going to end up Republicans if they keep making truckloads of money and going mainstream. It's a great treat to watch them slowly sell out their principals to be wealthy. I actually expect to see him on a platform next to a republican presidential candidate someday screaming "no new taxes". lol

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

samson

legendary

Activity: 2097

Merit: 1070

Quote from: TheKoziTwo on June 29, 2013, 09:55:13 AM

Quote from: Itcher on June 29, 2013, 09:51:57 AM

This is a good news for those interested in the bright future for bitcoin. But it's bad news for those interested in drug-dealing and mioney-laundering with btc. Don't you think at first these people will cash out?

They will just use btc-e or some other unregulated exchange.

True, it will be business as usual for the drug sellers. MtGox will deal with the large user base of legitimate users.

Of course anyone can also send their Bitcoins to MtGox for trading over time and just use one of the fringe exchanges or OTC for cashing out whenever they want some fiat.

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Quote from: Itcher on June 29, 2013, 09:51:57 AM

This is a good news for those interested in the bright future for bitcoin. But it's bad news for those interested in drug-dealing and mioney-laundering with btc. Don't you think at first these people will cash out?

They will just use btc-e or some other unregulated exchange.

Itcher

full member

Activity: 364

Merit: 100

This is a good news for those interested in the bright future for bitcoin. But it's bad news for those interested in drug-dealing and mioney-laundering with btc. Don't you think at first these people will cash out?

Coinseeker

sr. member

Activity: 252

Merit: 250

MtGox willfully coming under regulations is extremely bullish news. Anything that brings the Bitcoin economy under US regulations is extremely positive for Bitcoins future. If this trend continues, I will have to dump my bear claws for bull horns. Yes, I think it's that significant and of course the news is, soooo anti-Libertarian, I can't hardly control my laughter. Grin

This news does not seem to have hit mainstream media in the US yet. Could be because it came out in a Friday news dump. I wouldn't expect some crazy panic buy but I would expect sentiment to begin to shift in a positive way toward Bitcoin. The more Bitcoin can shed it's "anti-regulation", "criminal sponsor" image, the better chance it has to be successful.

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

klee

legendary

Activity: 1498

Merit: 1000

http://www.thebitcointrader.com/2013/06/snapswap-launches-ripple-gateway.html

So what impact may this have? Bitstamp will eat finally MtGox IMO.
USD funds available again.

Meanwhile Ripple usage (network) will skyrocket and maybe XRPs too! Bye bye Litecoin (ok maybe after it hit MtGox and being dumped hardcore)..

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: lucas.sev on June 29, 2013, 07:23:40 AM

Quote from: ShroomsKit on June 29, 2013, 07:04:47 AM

Quote from: Miz4r on June 29, 2013, 07:00:50 AM

Quote from: N12 on June 29, 2013, 06:22:14 AM

Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s). Cheesy

You want to make a bet on this?

He won't obviously because he knows it's total bs.
I just don't understand why he keeps saying this as he must also realize he will look pretty damn stupid soon enough.
Really odd beaviour.

Edit: obviously he already looks stupid as a few hours after he said we won't see triple digits again we saw triple digits.
He simply ignores it and just goes on Huh

Isn't Adam's 180 in x business days same bullshit?

Yes? Why?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32813. (Read 26468680 times)