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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32842. (Read 26468453 times)

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Ripple is great, IMO. It has incredible potential as a payment system and is far more versatile than bitcoin in that regard. In that way, since you can move in and out of so many currencies and IOU issuers, Ripple could be very useful for arbitraging. Too early at this point, though.

Ripple will either end with a whimper, as people realize what a bad idea it is, or with a bang, as people find out what a bad idea it is.
hero member
Activity: 826
Merit: 508
I really wish transfer between BTCe and Gox was easier.

Never though I would say this, but I really wish somebody could create Pegcoin, all the advantages of instant, decentralized transfer of bitcoin, but pegged to fiat currency value.  Obviously I prefer something with a limited supply like bitcoin, but for now it would certainly make arbitraging a lot easier...  Probably not a viable idea to implement though (not to mention the legal issues).


Ripple?

I haven't really looked into Ripple decently, but isn't it a lending system? 
Not really. Money is held by ripple gateways in the same way that money is held by bitcoin exchanges. So when you send Bitstamp $1000 and move it to your Ripple wallet, they "owe" you $1000 the same way they'd owe you if you kept in on Bitstamp.

Ripple is great, IMO. It has incredible potential as a payment system and is far more versatile than bitcoin in that regard. In that way, since you can move in and out of so many currencies and IOU issuers, Ripple could be very useful for arbitraging. Too early at this point, though.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
I really wish transfer between BTCe and Gox was easier.

Never though I would say this, but I really wish somebody could create Pegcoin, all the advantages of instant, decentralized transfer of bitcoin, but pegged to fiat currency value.  Obviously I prefer something with a limited supply like bitcoin, but for now it would certainly make arbitraging a lot easier...  Probably not a viable idea to implement though (not to mention the legal issues).

I'll trade Pegcoin in an instant. Set it up!
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
I really wish transfer between BTCe and Gox was easier.

Never though I would say this, but I really wish somebody could create Pegcoin, all the advantages of instant, decentralized transfer of bitcoin, but pegged to fiat currency value.  Obviously I prefer something with a limited supply like bitcoin, but for now it would certainly make arbitraging a lot easier...  Probably not a viable idea to implement though (not to mention the legal issues).


Ripple?

I haven't really looked into Ripple decently, but isn't it a lending system? 
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
I really wish transfer between BTCe and Gox was easier.

Never though I would say this, but I really wish somebody could create Pegcoin, all the advantages of instant, decentralized transfer of bitcoin, but pegged to fiat currency value.  Obviously I prefer something with a limited supply like bitcoin, but for now it would certainly make arbitraging a lot easier...  Probably not a viable idea to implement though (not to mention the legal issues).


Ripple?
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
I really wish transfer between BTCe and Gox was easier.

Never though I would say this, but I really wish somebody could create Pegcoin, all the advantages of instant, decentralized transfer of bitcoin, but pegged to fiat currency value.  Obviously I prefer something with a limited supply like bitcoin, but for now it would certainly make arbitraging a lot easier...  Probably not a viable idea to implement though (not to mention the legal issues).
sr. member
Activity: 350
Merit: 250
This account was recently hacked
I really wish transfer between BTCe and Gox was easier.
BTC-e has been down for several hours

Edit:  So is Bter

Why do I always find myself suspecting the US government or its banker pals (same thing) for all the Ddos attacks on the exchanges?

Edit:  Vicurex is also down
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
I really wish transfer between BTCe and Gox was easier.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Yes, certain people are interested in keeping the price around $100.

If the market really wasn't comfortable with that, the price wouldn't still be there. So you can't really say that it's "artificial." The people putting up the walls don't have unlimited powah.
Ya no doubt about this.

Incidentally, since the charter of the Federal Reserve has as its mechanism the manipulation of the value of the dollar vis-a-vis other currency, now that Bitcoin is in that category according to FinCEN, the fed could decide on any given day to blow over the market in any direction that suits them.
They could short it to nothing and wait for weak hands to sell and then grab it all back.  They can print as much dollars as they like so you can't fight and win, all you can do is weather the storm.
There are whales, and there are leviathan.

Like the shao lin priest, they walk through walls.
Look for, they can not be seen, listen for, they cannot be heard.

It only took about US$30 billion to break down the gold bull market.  Bitcoin is peanuts to that.  Stay nimble.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Yes, certain people are interested in keeping the price around $100.

If the market really wasn't comfortable with that, the price wouldn't still be there. So you can't really say that it's "artificial." The people putting up the walls don't have unlimited powah.



 Ya no doubt about this.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


Well, I'm all for shipping it anywhere else... but I doubt USians would let it go willingly.  Tongue

Just change the torch to a whip and call it done.
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1125
Like someone else said, "Land of the free".  Undecided

*placing myself on the NSA watchlist*

Someone should bomb the Statue of Liberty.
The US lost the right to claim anything related to liberty years ago.
Noooo!  She's beautiful!

Well, I'm all for shipping it anywhere else... but I doubt USians would let it go willingly.  Tongue

Just publically rename it: statue of "liberty".
sr. member
Activity: 434
Merit: 250
Like someone else said, "Land of the free".  Undecided

*placing myself on the NSA watchlist*

Someone should bomb the Statue of Liberty.
The US lost the right to claim anything related to liberty years ago.
Noooo!  She's beautiful!

Well, I'm all for shipping it anywhere else... but I doubt USians would let it go willingly.  Tongue
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Like someone else said, "Land of the free".  Undecided

*placing myself on the NSA watchlist*

Someone should bomb the Statue of Liberty.
The US lost the right to claim anything related to liberty years ago.
Noooo!  She's beautiful!
sr. member
Activity: 377
Merit: 253


Hey where could I get this kind of graph? do you generate it yourself?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Yawn. We need some volatility.  Roll Eyes
sr. member
Activity: 434
Merit: 250
Like someone else said, "Land of the free".  Undecided

*placing myself on the NSA watchlist*

Someone should bomb the Statue of Liberty.
The US lost the right to claim anything related to liberty years ago.
legendary
Activity: 1442
Merit: 1000
Antifragile
This is actually interesting to watch:http://www.coinorama.net/#
The 2nd indicator below dipped below 1 again, a fairly bearish warning. (Also, anyone watching the mini mini wall being constantly added to at 104.5?)





Yeah, have you read my posts? i'm watching that, its really weird. Wonder what the intent is. 

Yeah, I saw your post. It is nothing, just a simple unload point is my perhaps. When you watch the tape, you often see things like that.
The funny thing is to watch it grow as it is bought into. It is almost like the guy has a program doing that.
The thing about someone wanting the price to stay here is an interesting theory. Or it can just be market demand/supply.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
This FBAR report is mostly going to be useful for folks that have never had a lot of money, and suddenly have a whole bunch and can't show where it came from.  The assumption is going to be something criminal if you get audited.  This is a way to put it in the clear and spend it without worrying that you are going to get hit with anything unexpected later. (If you are US).  Its how they got Heidi Fleiss, taxes and money laundering, not so much the prostitution.

Your posting on this is the first I've heard about it. Nice one IRS. I guess I'll be checking my account balance history this evening. Like someone else said, "Land of the free".  Undecided
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