Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33635.

notme

legendary

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Quote from: David M on April 30, 2013, 04:57:42 AM

Quote from: notme on April 30, 2013, 04:38:13 AM

Don't just observe the walls. Be the walls.

Nicely said. But I never fully understood the waiting. Are we trading or swinging dicks?

Hit the offer or piss off.

I'm not trading. I'm adding liquidity and either selling a bit or rebuying sold bitcoins cheaper. Bitpay needs bids to hit and so do you. Lucky for you, I'm nice enough to provide asks too.

David M

sr. member

Activity: 476

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Quote from: notme on April 30, 2013, 04:38:13 AM

Don't just observe the walls. Be the walls.

Nicely said. But I never fully understood the waiting. Are we trading or swinging dicks?

Hit the offer or piss off.

zebedee

donator

Activity: 668

Merit: 500

Quote from: samson on April 30, 2013, 03:09:37 AM

Quote from: Geist on April 30, 2013, 01:01:31 AM

Quote from: Kazu on April 30, 2013, 12:59:43 AM

Bank holiday == no bank wires right?

Yep...although I just realized that it's 2:00pm Tuesday in Japan right now, which is not a bank holiday.

The coming week is full of holidays.

Monday : Japan
Wednesday : Most of the western world, especially lots of countries in Europe.
Friday : Japan, again !
Monday 6th May - UK holiday

Monday 6th is also a Japan holiday. We love holidays here.

notme

legendary

Activity: 1904

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Quote from: ManBearPig on April 30, 2013, 04:35:04 AM

What part of "Wall Observer" am I CONSTANTLY misunderstanding?

Don't just observe the walls. Be the walls.

lebing

legendary

Activity: 1288

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Enabling the maximal migration

Quote from: ManBearPig on April 30, 2013, 04:35:04 AM

What part of "Wall Observer" am I CONSTANTLY misunderstanding?

Some people just wake up on the wrong side of the bed. Don't sweat it.

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

What part of "Wall Observer" am I CONSTANTLY misunderstanding?

notme

legendary

Activity: 1904

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Quote from: fitty on April 30, 2013, 04:29:06 AM

Quote from: ManBearPig on April 30, 2013, 04:27:20 AM

Things are moving...

Nothing gets by BearPig. This guy knows his stuff.

+1... ManBearPig is the wisest wizard

rpietila

donator

Activity: 1722

Merit: 1036

If I wasn't all in, this would be a safe point to go speculative long. (We intend to short it at higher levels today, perhaps $180.)

EDIT: I mean it'll have to breach $150 first but I kind of see it getting there Wink

fitty

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Activity: 728

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CryptoTalk.Org - Get Paid for every Post!

Quote from: ManBearPig on April 30, 2013, 04:27:20 AM

Things are moving...

Nothing gets by BearPig. This guy knows his stuff.

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Things are moving...

samson

legendary

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Quote from: Geist on April 30, 2013, 01:01:31 AM

Quote from: Kazu on April 30, 2013, 12:59:43 AM

Bank holiday == no bank wires right?

Yep...although I just realized that it's 2:00pm Tuesday in Japan right now, which is not a bank holiday.

The coming week is full of holidays.

Monday : Japan
Wednesday : Most of the western world, especially lots of countries in Europe.
Friday : Japan, again !
Monday 6th May - UK holiday

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: molecular on April 30, 2013, 01:41:43 AM

Quote from: rpietila on April 29, 2013, 09:21:30 PM

Banks, according to my observation, you have a precious little share in bitcoin transactions right now, and about to lose it all. Bitcoin user won't even notice when the last cord is cut. Bears better buy in. It's gonna be a ride from now as people are understanding this (read it all, just recently pruned with a steady hand!).

that "this" link is borked.

Corrected (it is my diary anyway, but now it's a nice read after deleting 30 or so posts, which are no more that relevant).

Geist

member

Activity: 70

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Quote from: molecular on April 30, 2013, 01:34:00 AM

Quote from: Frozenlock on April 29, 2013, 06:25:45 PM

Quote from: TheKoziTwo on April 29, 2013, 06:19:13 PM

Worth listening to:
http://youtu.be/59uTUpO8Dzw?t=19m14s

(starts at 19m14s)

Ok, now count me as very hyped. Grin

What an eloquent bitcoin super-bull. I love this guy! And I think he's correct, "this is the time where people should be trying really big crazy things".

If I didn't already have all my money invested in Bitcoin, I'd be investing the rest of it in bitcoin.

Quote from: molecular on April 30, 2013, 01:44:47 AM

Quote from: Geist on April 30, 2013, 01:01:31 AM

Quote from: Kazu on April 30, 2013, 12:59:43 AM

Bank holiday == no bank wires right?

Yep...although I just realized that it's 2:00pm Tuesday in Japan right now, which is not a bank holiday.

I think your clock is off: http://www.timeanddate.com/worldclock/city.html?n=248

It was 2:00pm in Japan when I made that post...

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Quote from: Kazu on April 29, 2013, 03:01:43 PM

If we hit $150 that will be huge. I doubt it though.

I suspect it will fall by close today, this rise has been solid. $165 should be tougher to breach than $150.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Geist on April 30, 2013, 01:01:31 AM

Quote from: Kazu on April 30, 2013, 12:59:43 AM

Bank holiday == no bank wires right?

Yep...although I just realized that it's 2:00pm Tuesday in Japan right now, which is not a bank holiday.

I think your clock is off: http://www.timeanddate.com/worldclock/city.html?n=248

molecular

donator

Activity: 2772

Merit: 1019

Quote from: rpietila on April 29, 2013, 09:21:30 PM

Banks, according to my observation, you have a precious little share in bitcoin transactions right now, and about to lose it all. Bitcoin user won't even notice when the last cord is cut. Bears better buy in. It's gonna be a ride from now as people are understanding this (read it all, just recently pruned with a steady hand!).

that "this" link is borked.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: ElectricMucus on April 29, 2013, 06:35:56 PM

Quote from: fitty on April 29, 2013, 06:32:41 PM

Quote from: elux on April 29, 2013, 06:14:21 PM

Quote from: fitty on April 29, 2013, 06:07:31 PM

I just loaded some rocket fuel, we're about to blast off to the moon!

Paul Buchheit: "Bitcoin may be the TCP/IP of money."

Quote from: Wikipedia

Paul Buchheit is an American computer programmer and entrepreneur. He was the creator and lead developer of Gmail.
He developed the original prototype of Google AdSense as part of his work on Gmail.
He also suggested the company's now-famous motto "Don't be evil" in a 2000 meeting on company values.

The main problem I see is that Bitcoin is so dependant on the banking system. The exchanges fall apart without bank accounts, without wires, without ach deposits. Bitcoin works great as a "secondary" or "transaction" currency. Which means you use it when you want the privacy (buying bongs/dildos) or to avoid fees (sending to people in different countries). So you still use USD, you're paid in USD, you just use Bitcoin when the situation warrants it (and the advantages it brings).

When an exchange can be crippled because one american bank account gets closed, that sorta points to the fact this "de-centralized" currency really needs the "centralized" banks to operate. Bitcoin is doing well because Govts/Banks are letting it exist. Sure they can't destroy it, but they sure could make it a lot harder to use. Most sellers wouldn't want BTC if they couldn't convert it to their native currency. But Banks are greedy, they launder money for drug cartels, so I doubt they care about Bitcoin as long as they get a share (which they do, wires are expensive).

Yeah, we "Bears" have been preaching this all along, yet we were pointed at by the "true believers" and accused of "FUD".

Bitcoin doesn't need the banks to operate. They make the current "value-bootstrapping phase" much easier, though.

When airplanes were invented, did people say "That's never going to work out, these new-fangled ariplanes still need strips of road for takeoff and landing"? Not too good of an analogy, but you get the point.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Frozenlock on April 29, 2013, 06:25:45 PM

Quote from: TheKoziTwo on April 29, 2013, 06:19:13 PM

Worth listening to:
http://youtu.be/59uTUpO8Dzw?t=19m14s

(starts at 19m14s)

Ok, now count me as very hyped. Grin

What an eloquent bitcoin super-bull. I love this guy! And I think he's correct, "this is the time where people should be trying really big crazy things".

Geist

member

Activity: 70

Merit: 10

Quote from: Kazu on April 30, 2013, 12:59:43 AM

Bank holiday == no bank wires right?

Yep...although I just realized that it's 2:00pm Tuesday in Japan right now, which is not a bank holiday.

Kazu

full member

Activity: 168

Merit: 100

Bank holiday == no bank wires right?

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