Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33283. (Read 26498680 times)
June 06, 2013, 02:02:30 AM
June 06, 2013, 01:31:41 AM
Ah yes, I see the Bitcoin, bible thumping, delusions continue.
"Silk Road, no. We have a bunch of legitamate businesses."
"Oh really? Which ones?"
"Umm...well...we have a bunch of VC money coming in."
Bitcoin thecurrency commodity. Great for speculators and dope dealers. 
"Silk Road, no. We have a bunch of legitamate businesses."
"Oh really? Which ones?"
"Umm...well...we have a bunch of VC money coming in."
Bitcoin the
Yeah it's funny how that guy refused to answer about his guess on ratio bitcoins being spen on services/goods of silkroad vs everywhere else. But maybe it's just coincidence and he went to bed
Or maybe he got tired of beating his head on a brick wall.
Quote
ATLANTA -- April 2, 2013 -- BitPay Inc, the world’s leading payment processor for bitcoin, announces it has processed over $5.2 million in bitcoin transactions for its merchants during the month of March, with over 5,100 completed invoices during the month. The pace accelerated with over $3 million in transactions during the final 8 days. This eCommerce activity from merchants selling computers, consumer electronics, precious metals, and even government services has likely eclipsed the illicit activity widely estimated from sites like Silk Road.
http://blog.bitpay.com/2013/04/bitpay-eclipses-silk-road-in-bitcoin.html June 06, 2013, 01:24:45 AM
But I still think Bitcoin is currently overvalued.
The truth is, outside speculation, bitcoin is only supported by silkroad. Imagine speculators leaving, and silkroad shutting down.
Such an original idea
. People having been making this comment for more than 2 years now and it is even less true today. June 06, 2013, 01:02:07 AM
June 06, 2013, 12:43:28 AM
Here's the bitcoin reddit subscriber growth chart
Do you have the same but for more than a month?
http://stattit.com/r/bitcoin/
June 06, 2013, 12:25:48 AM
Here's the bitcoin reddit subscriber growth chart
Do you have the same but for more than a month?
June 06, 2013, 12:23:27 AM
And mention of Bitcoin on twitter in the past month:
June 06, 2013, 12:20:43 AM
Chart on bitcoin.org backlinks. Take from it what you will 
The hype is over?
Déjà vu.
Here's the bitcoin reddit subscriber growth chart
take that, biology
June 06, 2013, 12:07:22 AM
Chart on bitcoin.org backlinks. Take from it what you will
The hype is over?
Déjà vu.
June 06, 2013, 12:03:49 AM
June 05, 2013, 11:47:16 PM
Chart on bitcoin.org backlinks. Take from it what you will
June 05, 2013, 11:29:59 PM
There's also this semi-log scale chart that somebody made:
https://i.imgur.com/O3eUvVD.png
The support is catching up.
https://i.imgur.com/O3eUvVD.png
The support is catching up.
June 05, 2013, 11:07:23 PM
I completely missed this earlier, and just noticed it now, but this still counts as support, right?
Well let's say we drop now to 99$. You can still draw this graph, can't you?
It wouldn't have as much meaning if it did. The thing is, the pillars line up with this support, and yet not with the steeper one.
June 05, 2013, 11:04:39 PM
I completely missed this earlier, and just noticed it now, but this still counts as support, right?
Well let's say we drop now to 99$. You can still draw this graph, can't you?
June 05, 2013, 11:02:23 PM
June 05, 2013, 11:01:21 PM
I completely missed this earlier, and just noticed it now, but this still counts as support, right?
June 05, 2013, 10:19:54 PM
I swear if there is another dump...
The only issue I have with decentralization is that there is no picture I can put on my dartboard.
The only issue I have with decentralization is that there is no picture I can put on my dartboard.
June 05, 2013, 10:07:42 PM
Still got it stuck in there I see. Yeah, you must have really got it jammed in there good.
Come again? Regardless, I highly doubt your total wealth is 15 BTC with your level of activity here. I thoroughly get the impression that you're a bear, painting the forum with FUD.
It's not FUD to point out that Bitcoin is no more than silk road and speculation. Now, just because that truth fills you with fear, uncertainty and doubt, doesn't mean you can blame it on me. That's your issue.
On another note, I can see this thread is as unfruitful as always in the realm of rational speculation. So, I'll leave you fine folks to it. Good luck.
June 05, 2013, 10:02:32 PM
June 05, 2013, 09:59:29 PM
Still got it stuck in there I see. Yeah, you must have really got it jammed in there good.
Come again? Regardless, I highly doubt your total wealth is 15 BTC with your level of activity here. I thoroughly get the impression that you're a bear, painting the forum with FUD.
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