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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33059. (Read 26623557 times)

member
Activity: 126
Merit: 16
we gon' down. git ready!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 518
Merit: 500
https://www.youtube.com/watch?v=xoI4f2p4BL4

Approximately 2 ... 7 million television viewers. This channel is not very popular in Russia, but it is in every cable TV network. The average viewer - not stupid, erudite middle class. News background - positive, told in a positive way. The basic idea - B are gaining popularity, a competitor of the existing financial system.

Do not take it as manipulation, in any case, it is good as promotion of BTC.

RT are talking about Bitcoin already last 3-4 months, both in Russian and English channels.
legendary
Activity: 2097
Merit: 1070
as someone who sold at 72 and watching the price climb up it is ruining my evening and driving me nuts.

Don't worry - we'll be trading in the $60's before you know it.
hero member
Activity: 854
Merit: 1000
as someone who sold at 72 and watching the price climb up it is ruining my evening and driving me nuts.
hero member
Activity: 616
Merit: 502
https://www.youtube.com/watch?v=xoI4f2p4BL4

Approximately 2 ... 7 million television viewers. This channel is not very popular in Russia, but it is in every cable TV network. The average viewer - not stupid, erudite middle class. News background - positive, told in a positive way. The basic idea - B are gaining popularity, a competitor of the existing financial system.

Do not take it as manipulation, in any case, it is good as promotion of BTC.
full member
Activity: 168
Merit: 100
Omg not more triangles  Wink

In any case the volume isn't supporting the idea of the wedge, at least not know. I expect the end of that triangle to be rather meaningless considering the lower volume.
member
Activity: 98
Merit: 10
It is about 15 minutes away from the end of it's triangle. I'm eagle-eyeing it before putting a short  Cheesy
full member
Activity: 168
Merit: 100
I still think that we are going to have to go down to $57 again before an actual bull market can resume, so I'm not buying into this mini-rally. I don't think I'm going to sell into it either though, just in case I'm wrong.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 98
Merit: 10
I might help you guys reach 72$ again Cheesy

Please do so !

I'm so glad I completed my short and walked away 2 BTC richer. It's not worth it right now. Market too thin and we might very well break upwards on short term.
sr. member
Activity: 371
Merit: 250
hero member
Activity: 509
Merit: 500
Can't upload avatar
As for the market,its the pause before the next round, july 4th rest?. Big Whales are absent, there is no support I'm confident fresh blood bath and new lows resuming soon, possibly Friday, the day for cash outs..

So today is time for a movie

...
and tomorrow we go live?
legendary
Activity: 1428
Merit: 1000

For those that every dollar matters,No sane person is gonna use Bitcoin as means of Funds storage and Transfer, due to its high volatility. This service will end up like the Bitcoin ATM, buried before launch. Bitcoin is mainly a highly speculative commodity, at least for now.

As for the market,its the pause before the next round, july 4th rest?. Big Whales are absent, there is no support I'm confident fresh blood bath and new lows resuming soon, possibly Friday, the day for cash outs..
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 896
Merit: 1000
I find it really hard to predict the top of these seemingly artificial long steady bull trap rises. Only telling factor I can think of is they'll keep going until the bid depth fills up enough to be worthwhile for a big dumper. Any other factors which may help estimate this?

There are no more dumpers. Up from here.

Tongue

Kidding aside, I think the trend is random for abt. a week, until withdraws start working properly.

Then deposits may start to flow back in. Enough to counter the withdraws? Who knows.
hero member
Activity: 894
Merit: 501
I find it really hard to predict the top of these seemingly artificial long steady bull trap rises. Only telling factor I can think of is they'll keep going until the bid depth fills up enough to be worthwhile for a big dumper. Any other factors which may help estimate this?
full member
Activity: 168
Merit: 100
In a sense we need a killer app of some type. This could be the start at least in another country. We only need things to start taking off in one location and then the organic nature of BTC (, developers and the VC's) can take over.
My concern though, with something like this is the volatility of BTC. That is not a problem if you are using Bitpay or the like, but for BTC to work in these countries I would think there needs to
be some form of stability, UNLESS the inflation rate there is more risky than BTC (e.g. - Argentina).

Can you imagine if this "app" takes off AFTER we correct and people in poor nations are locked into something deflationary and rising quite steadily in price?

I think volatility is indeed a big concern in developing countries, especially for the poor classes, plus the fact that they are in general probably less ingrained in the digital world.  
On the other hand, bypassing big infrastructure needs and probably less concern about financial regulations could make bitcoin very successful there.

It would not be nice if millions of 3rd world people couldn't afford to buy enough food to survive because Jaroslaw decided to dump his 100k's of coins on the market.
lol
hero member
Activity: 669
Merit: 500
In a sense we need a killer app of some type. This could be the start at least in another country. We only need things to start taking off in one location and then the organic nature of BTC (, developers and the VC's) can take over.
My concern though, with something like this is the volatility of BTC. That is not a problem if you are using Bitpay or the like, but for BTC to work in these countries I would think there needs to
be some form of stability, UNLESS the inflation rate there is more risky than BTC (e.g. - Argentina).

Can you imagine if this "app" takes off AFTER we correct and people in poor nations are locked into something deflationary and rising quite steadily in price?

I think volatility is indeed a big concern in developing countries, especially for the poor classes, plus the fact that they are in general probably less ingrained in the digital world.  
On the other hand, bypassing big infrastructure needs and probably less concern about financial regulations could make bitcoin very successful there.

It would not be nice if millions of 3rd world people couldn't afford to buy enough food to survive because Jaroslaw decided to dump his 100k's of coins on the market.
sr. member
Activity: 686
Merit: 250
"M-PESA now has 10.5 million active users."
http://www.thinkm-pesa.com/2013/05/latest-m-pesa-statistics.html
they are not m-pesa r they?
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