Jesbus rice, don't you know that some of us were actually going to try to focus on working today?!
I've given up on work...Working to pay taxes? No thanks.
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 453. (Read 1811596 times)
Working to pay taxes? No thanks.
Canadian want sell own hous for bitcoins http://lenta.ru/news/2013/03/21/bitcoin/
Who understand russian: http://www.1tv.ru/news/other/228923 after minute 5
Awesome, you should post this in the BitCoin Discussion forum. The Cyprus Effect may yet take hold...
Who understand russian: http://www.1tv.ru/news/other/228923 after minute 5
Well even though we're beyond that price/difficulty slope now, a higher difficulty is soon incoming so that's some reason for the price to adjust (in theory).
The correlation between the hashrate and price is due to mining being more profitable when the price increases, not the other way around. It would be possible that the hashrate, and thus the difficulty, is rising in anticipation of higher prices (which would be logical in a strong bull market), but mostly this is caused by the coincidental arrival of the asics during the current bull market.
this is a fair theory but not a fact.
Well I certainly prefer it over the persistent, yet flawed theory that difficulty somehow can influence the Bitcoin price. Arguments in favor of this theory are scarce and unconvincing.
Two russian TV chanels speak today about Bitcoin succes!!!
Jesbus rice, don't you know that some of us were actually going to try to focus on working today?!
I've given up on work...Working to pay taxes? No thanks.
Jesbus rice, don't you know that some of us were actually going to try to focus on working today?!
I've given up on work...
Where are the chartists? Looks like we are at a critical point, move either way and boooom.
Added a shoutbox for all you wallwatching talking heads, if you want to have a live chat:
Jesbus rice, don't you know that some of us were actually going to try to focus on working today?!
Added a shoutbox for all you wallwatching talking heads, if you want to have a live chat:
lol I just love that pizza wall man hahaha...
Well even though we're beyond that price/difficulty slope now, a higher difficulty is soon incoming so that's some reason for the price to adjust (in theory).
The correlation between the hashrate and price is due to mining being more profitable when the price increases, not the other way around. It would be possible that the hashrate, and thus the difficulty, is rising in anticipation of higher prices (which would be logical in a strong bull market), but mostly this is caused by the coincidental arrival of the asics during the current bull market.
Well even though we're beyond that price/difficulty slope now, a higher difficulty is soon incoming so that's some reason for the price to adjust (in theory).
facepalm
Well even though we're beyond that price/difficulty slope now, a higher difficulty is soon incoming so that's some reason for the price to adjust (in theory).
This is crazy... choo choo!
Blocks
227154
Total BTC
10.929M
Difficulty
4847647
Estimated
5829845 in 654 blks
Network total
56.080 Thash/s
Blocks/hour
9.70 / 371 s
This is crazy... choo choo!
Blocks
227154
Total BTC
10.929M
Difficulty
4847647
Estimated
5829845 in 654 blks
Network total
56.080 Thash/s
Blocks/hour
9.70 / 371 s
Next week or so will be exciting. Possibly have a new client.
I hope that new client takes out this wall right now
Last chance for the new client to buy below 70
Nope, the wall is going to give us a massive crash down to $67.
Fuck yeah. Big wall you rock!
Added a shoutbox for all you wallwatching talking heads, if you want to have a live chat:
But it is misinformed anyway, since didn't they say that nobody's existing account information is given to the US Feds (anymore than what's already the case) without the account holder's approval..?
How much this can be trusted is written on another page. Wouldn't be the first time the feds know about something they legally can't. So lets be a bear for the fun of it and say that's just the us silk roaders trying to cash out in BTC right now
Paradoxically, this wouldn't hurt the course anyway, as fewer btc on mtgox can only be good. 
1470 - 67 | 11:00 | 69 - 9460
1470 - 67 | 12:00 | 69 - 9160
Not much motion right now, as expected.
Now I lough so hard if all the latest boost in price was people trying to get their money off MtGox fearing US legislation. Anything I overlook that renders this hypothesis wrong?
1470 - 67 | 12:00 | 69 - 9160
Not much motion right now, as expected.
Now I lough so hard if all the latest boost in price was people trying to get their money off MtGox fearing US legislation. Anything I overlook that renders this hypothesis wrong?
That can be right, at least it is a possibility. MtGox does allow BTC2,000 to be repatriated per day, but only $10,000. There is a huge gap there, so your only way of cashing out in time is to buy BTC and run..
But it is misinformed anyway, since didn't they say that nobody's existing account information is given to the US Feds (anymore than what's already the case) without the account holder's approval..?
some coins trading for €60 at bitcoin.de 
that's $77.3
that's $77.3
That makes sense, I believe the attention Bitcoin had in German newspapers a week ago is an important yet slightly overlooked factor in the recent price developments: https://bitcointalksearch.org/topic/2013-03-12-bitcoin-at-record-high-on-most-german-newspapers-152239
Remember that it takes some time to get familiar enough with Bitcoin before people decide to buy some. Also, Germany is a huge market with good internet penetration.
I smell a small crash... 
OMG, we are down to the level we were two hours ago!
That's good, it means people still believe in price rising today, and that 67+ is fair price
I agree, this is quite bullish.
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