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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33066. (Read 26466186 times)

legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 672
Merit: 500
BBC One in UK has just had its first feature on bitcoin on its technology section.

Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.

When will people get over the fact that people buy drugs with Bitcoin. JUST like any real world money.

Thing is drugs are the only thing that bitcoin is better to be used for buying instead of fiat.

Really? I'm pretty sure that 99% of the drug dealers out there prefer real money.
member
Activity: 73
Merit: 10
BBC One in UK has just had its first feature on bitcoin on its technology section.

Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.

When will people get over the fact that people buy drugs with Bitcoin. JUST like any real world money.

Thing is drugs are the only thing that bitcoin is better to be used for buying instead of fiat.

No, its better for porn and gambling too. And it's better for some difficult to reach payments like those to defdist, wikileaks and such.

The biggest problem of btc adoption right now is its high volatility, making it unfriendly for store of wealth. Thus, making payers go through  an expensive process of money exchanging.
sr. member
Activity: 252
Merit: 250
BBC One in UK has just had its first feature on bitcoin on its technology section.

Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.

When will people get over the fact that people buy drugs with Bitcoin. JUST like any real world money.

Thing is drugs are the only thing that bitcoin is better to be used for buying instead of fiat.
member
Activity: 98
Merit: 10
It's going to be interesting the next few days, that's for sure.  Just glad I got fiat should this continue to do what I suspect it's going to do when that million+ wall falls.


In the current climate, big bid wall = slip avoidance mechanism.

less a brick wall, more a rubber mat in the shower.
sr. member
Activity: 406
Merit: 250
We now have picture of shit dissolving in water, whats next?  Undecided


hero member
Activity: 672
Merit: 500
BBC One in UK has just had its first feature on bitcoin on its technology section.

Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.

When will people get over the fact that people buy drugs with Bitcoin. JUST like any real world money.
sr. member
Activity: 252
Merit: 250
It's going to be interesting the next few days, that's for sure.  Just glad I got fiat should this continue to do what I suspect it's going to do when that million+ wall falls.
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
... this is why technical analysis works so well. we alerted subscribers ... and the drop then came as expected[/color]

Thanks for that.

I assume by "works", you mean "self-fulfilling prophecy"?
legendary
Activity: 2100
Merit: 1000
You know, what confuses me about this drop, is it doesn't appear to be triggered by anything.  I've been a firm believer that we would retest our lows in the 60-80 range at some point, but I always assumed it be triggered by some major news event. How sick would it be if this was the ultimate bear trap.  Shake all the weak hands and run it up to 500.   Shocked

most market movements actually happen without news, and all news info is embedded in the prices. this is why technical analysis works so well. we alerted subscribers about the break of the critical trendline around 127-128 $ and the drop then came as expected
sr. member
Activity: 252
Merit: 250
You know, what confuses me about this drop, is it doesn't appear to be triggered by anything.  I've been a firm believer that we would retest our lows in the 60-80 range at some point, but I always assumed it be triggered by some major news event. How sick would it be if this was the ultimate bear trap.  Shake all the weak hands and run it up to 500.   Shocked

I don't remember any bad news on 10th of April either.
legendary
Activity: 1428
Merit: 1000
You know, what confuses me about this drop, is it doesn't appear to be triggered by anything.  I've been a firm believer that we would retest our lows in the 60-80 range at some point, but I always assumed it be triggered by some major news event. How sick would it be if this was the ultimate bear trap.  Shake all the weak hands and run it up to 500.   Shocked

Lack of major good news and accumulation of previous bad news(DHS,and tightening funding,no media hype) is the reason.
sr. member
Activity: 252
Merit: 250
You know, what confuses me about this drop, is it doesn't appear to be triggered by anything.  I've been a firm believer that we would retest our lows in the 60-80 range at some point, but I always assumed it be triggered by some major news event. How sick would it be if this was the ultimate bear trap.  Shake all the weak hands and run it up to 500.   Shocked
sr. member
Activity: 252
Merit: 250
BBC One in UK has just had its first feature on bitcoin on its technology section.

Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.

It's so 2011!  Roll Eyes Roll Eyes
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 227
Merit: 100
BBC One in UK has just had its first feature on bitcoin on its technology section.

Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.
sr. member
Activity: 252
Merit: 250
We now have picture of shit dissolving in water, whats next?  Undecided
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 98
Merit: 10

[/quote]

I have a feeling we'll be seeing this a lot this coming Sunday.
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