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

[virtualfaqs]

Is http://trading.i286.org/ still around? I'll take one with bitstamp, bitfinex and BTC-E. Willing to donate. Watching dumps and pumps just isn't as exciting.  

[seleme]

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   

I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days

You left out steadily declining bid sum. Without a Gox style halt on fiat withdrawals, we are going down.

There's always money out there we don't see. There's BTC as well too.

[Dalmar]

The 3d is nowhere near crossing right now and it would take at least another week. Don't preempt the indicators and talk about "upcoming crosses" - there is no such thing. Check out this "upcoming cross":

Goxxed 

[ChartBuddy]

Explanation

[billyjoeallen]

If you claim the a monopoly government is necessary to prevent the predation of the disadvantaged by the powerful, then I ask, howz that workin out for you so far?

Here's a question: let's say you could, for the rest of your life, commit 30% of your income and savings to charitable organizations of your choice, with a certain amount required to go to basic needs charities, in exchange for never paying taxes on anything ever again. Would you say yes? If that's too much, what's the maximum you'd go up to?

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

[HerrAndreas]

If you claim the a monopoly government is necessary to prevent the predation of the disadvantaged by the powerful, then I ask, howz that workin out for you so far?

Here's a question: let's say you could, for the rest of your life, commit 30% of your income and savings to charitable organizations of your choice, with a certain amount required to go to basic needs charities, in exchange for never paying taxes on anything ever again. Would you say yes? If that's too much, what's the maximum you'd go up to?

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

I fear you are mistaking money for freedom.
your freedom is always measured by the freedom of the people living around you.

[solarflare]

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

I fear you are mistaking money for freedom.
your freedom is always measured by the freedom of the people living around you.

Sorry, but no.
My freedom is measured by how free I feel and nothing else.
It's purely subjective.

[Chalkbot]

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

I fear you are mistaking money for freedom.
your freedom is always measured by the freedom of the people living around you.

Sorry, but no.
My freedom is measured by how free I feel and nothing else.
It's purely subjective.

So, if you thought that you were allowed to do anything, but you had no desire to leave an 8x8 concrete cell which you were sitting in, it would be the same as *actually* being allowed to do anything?

So it's true that freedom is just a state of mind...

[aminorex]

Hey, I know what I'll do: I'll just warm up my earlier point: how come those pretty "socialist" states like Sweden, Switzerland, The Netherlands outperform (on pretty much every metric) more economically permissive countries like the US?

CH is one of the most decentralized nations on Earth and in no-wise comparable to the others.  It is extremely "economically permissive".  
What do you consider to be less economically permissive about SW or NL? There is no minimum wage, for example, in Sweden.  Both are historical mercantile powerhouses.
Perhaps you aver to tax rates?  By that criterion China should be a great exemplar of the free market paradigm.  
There are so many factors differentiating the nations of the Earth that factor analysis is, at least, very hard, on purely frequentist statistical grounds.
I definitely think the remarkable degree of cultural homogeneity in Scandinavian nations makes it much more feasible to operate a collective project there.
You can get a large majority on board without huge incentivization or massive application of force.
NL and Scandinavia are also supremely Protestant (cf. BJA).

[ardana123]

Is http://trading.i286.org/ still around? I'll take one with bitstamp, bitfinex and BTC-E. Willing to donate. Watching dumps and pumps just isn't as exciting.  

I know the feeling. Bitstamp needs to mimic Gox's api or something.

[KeyserSoze]

Yes. Perhaps I don't care that I don't have good access to roads if I can telecommute and Jeff Bezos will drone my groceries in.

So you'd like to return to pre-Roman times with no roads AND you want us to take that argument as serious?

[Trolololo]

https://blockchain.info/address/1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a

(...)

What do you guys make of this?

Don't touch them. They are mine...

[billyjoeallen]

If you claim the a monopoly government is necessary to prevent the predation of the disadvantaged by the powerful, then I ask, howz that workin out for you so far?

Here's a question: let's say you could, for the rest of your life, commit 30% of your income and savings to charitable organizations of your choice, with a certain amount required to go to basic needs charities, in exchange for never paying taxes on anything ever again. Would you say yes? If that's too much, what's the maximum you'd go up to?

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

I fear you are mistaking money for freedom.
your freedom is always measured by the freedom of the people living around you.

Monetary freedom, financial freedom is the issue at hand. If you think otherwise, then it is you who are mistaken.

[KeyserSoze]

Has anybody else noticed the volume on Gox has really dropped over the past couple weeks?

[Spaceman_Spiff]

Has anybody else noticed the volume on Gox has really dropped over the past couple weeks?

Yeah, bid sum is dropping too, bad sign  .

[billyjoeallen]

Has anybody else noticed the volume on Gox has really dropped over the past couple weeks?

and the market has gone up over 50%. Coincidence?

[ChartBuddy]

Explanation

[solarflare]

My freedom is measured by how free I feel and nothing else.
It's purely subjective.

So, if you thought that you were allowed to do anything, but you had no desire to leave an 8x8 concrete cell which you were sitting in, it would be the same as *actually* being allowed to do anything?

So it's true that freedom is just a state of mind...

Yes. I'm free until I discover that I'm not and only then might I realize I wasn't actually free.
And yes, freedom is just a state of mind, a feeling... Have you never felt free ?

Of course that's only one definition of freedom among many, all of them potentially valid depending on the context.

When it comes to government interference with peoples lives, it's not that I don't care, but I believe we all have the ability to migrate and should do so more often.
I move from a country to another like I move from a company to another. I just wish the control freaks in charge didn't make it so difficult (passports, visas, vaccines!, bank accounts, etc).

[octaft]

If you claim the a monopoly government is necessary to prevent the predation of the disadvantaged by the powerful, then I ask, howz that workin out for you so far?

Here's a question: let's say you could, for the rest of your life, commit 30% of your income and savings to charitable organizations of your choice, with a certain amount required to go to basic needs charities, in exchange for never paying taxes on anything ever again. Would you say yes? If that's too much, what's the maximum you'd go up to?

My maximum is zero percent. It's my money. If I am forced to be charitable, it's not really charity, is it? How much freedom would you be willing to give up for freedom? Your question makes no sense.

Billyjoeallen has the point go right over his head. Shocker.

My question is a test to see who cares about their ideals and who is just greedy. Judging by your response, it's all about the money for you, which suggests to me your odds of willfully giving anything to charity are extremely low. If that is the case, why should I believe your ridiculous "support through voluntary charity" argument. You clearly don't.

[JayJuanGee]

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

dont forget there is the mental barrier of $1k which is quite strong. sustaining a rise from 100 to 1000$ is as hard as going from 10 to 100$ and it didnt took a year for sure. but there are also those whales pumping and panicking the market that we should be careful about. weak hands will be purged. and ego-delusionals shouting "choochoo" every 100$ jumps are just making it harder for new comers not to get f*** in this jungle.

edit: for f*** sake we are talking about a f****g grand here. thats serious money for the average joe and its surely not the whole speech about buying a thousandth of a bitcoin that is going to help it to get mainstream and attract new money in. at least give it time. whats funny tho is that at the first panic sell movement all the choohooers will just follow.

This is sloppy thinking if we are of the belief that new investors need to buy in 1BTC increments.  New investors can buy in at whatever amount that they want or they feel justified.  Probably, a more important measurement is BTC's market cap, and whether there is room for expansion from about an $8 Billion dollar market cap to some new and higher value.  To me, a $100 billion market cap seems to be fairly conservative, once we get the choo choo moving along a little further... or get a little upward momentum, at some point... which seems that we will be progressing in that upward direction in the near future.. this year, and also 2015...