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

[edwardspitz]

Bitcoin Exchange Guarantees Clients Crime-Free Trade in Denmark
By Niklas Magnusson

CCEDK Crypto Coins Exchange Denmark ApS CEO Ronny Boesing
May 23 (Bloomberg) -- Denmark is about to get a new Bitcoin exchange, promising future clients a crime-free platform on which to trade the virtual currency.
The CCEDK Crypto Coins Exchange Denmark ApS, which is due to open this month, is offering its trading platform to people across the globe, Chief Executive Officer Ronny Boesing said in an interview. The exchange will initially provide customers with the possibility to trade Bitcoin and Litecoin against each other, as well as in exchange for Danish and Norwegian kroner, British pounds, dollars and euros.

Fortræffelig!
   

Fedt :-)

I just tested this exchange and successfully transferred BTC to it. The transfer went through pretty quickly. The interface and trading features are not amazing, so they need to work a bit on that. Also there doesn't seem to be any traders yet. When the price goes up that will surely attract traders from Scandinavian countries.

[ChrisML]

Bitcoin Exchange Guarantees Clients Crime-Free Trade in Denmark
By Niklas Magnusson

CCEDK Crypto Coins Exchange Denmark ApS CEO Ronny Boesing
May 23 (Bloomberg) -- Denmark is about to get a new Bitcoin exchange, promising future clients a crime-free platform on which to trade the virtual currency.
The CCEDK Crypto Coins Exchange Denmark ApS, which is due to open this month, is offering its trading platform to people across the globe, Chief Executive Officer Ronny Boesing said in an interview. The exchange will initially provide customers with the possibility to trade Bitcoin and Litecoin against each other, as well as in exchange for Danish and Norwegian kroner, British pounds, dollars and euros.

Fortræffelig!
   

Fedt :-)

I just tested this exchange and successfully transferred BTC to it. The transfer went through pretty quickly. The interface and trading features are not amazing, so they need to work a bit on that. Also there doesn't seem to be any traders yet. When the price goes up that will surely attract traders from Scandinavian countries.

The trick is that when it has a nice big user database... transfers still go through quickly and without any problems. Look at cryptsy.. in the beginning it was amazing, now it's just shit.

[aminorex]

Bitcoin Exchange Guarantees Clients Crime-Free Trade in Denmark

I just tested this exchange and successfully transferred BTC to it.

crime-free btc i guesss

[ChartBuddy]

Explanation

[edwardspitz]

Bitcoin Exchange Guarantees Clients Crime-Free Trade in Denmark

I just tested this exchange and successfully transferred BTC to it.

crime-free btc i guesss

That is confirmed. I'm the only trader there (I think) and I have not committed any crimes. Yet.  

[ChrisML]

Choo choo? 

[edwardspitz]

Choo choo? 

I thought maybe we would just stabilize around $525, and then starting to choo choo on sunday. But now it is starting to look like there will be some action before that.

[ChartBuddy]

Explanation

[windjc]

Hilarious to see those who sold panic buying back in with a loss.

Shroomskit, do you ever have a good day?

[molecular]

Choo choo? 

I thought maybe we would just stabilize around $525, and then starting to choo choo on sunday. But now it is starting to look like there will be some action before that.

because someone said choo choo? I don't see significant action.

[ChartBuddy]

Explanation

[edwardspitz]

Choo choo? 

I thought maybe we would just stabilize around $525, and then starting to choo choo on sunday. But now it is starting to look like there will be some action before that.

because someone said choo choo? I don't see significant action.

You are right. I just got a bit exited about a +10 EUR increase + the breaking the 1 h MA + the descent volume on the Chinese exchanges. All neutralized and back to normal.

[ChartBuddy]

Explanation

[ErisDiscordia]

Still no ideas of where this rally is coming from (China, West, ...), nor why?

It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China.  So I would think that China STILL sets the price.

Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?

I don't think you were around last time when I recommended reading this for those who seek to understand Bitcoin

http://principiadiscordia.com/

I approve of this message. And because yesterday was a most holy discordian day (FRIDAY the 23.5.) I hereby pronounce all readers of this thread to be discordian popes.

A pope is somebody who is not under the authority of the authorities.

"The rights of a =POPE= include but are not necessarily limited to:

    1. To invoke infallibility at any time, including retroactively.
    2. To completely rework the Erisian church.
    3. To baptise, bury, and marry (with the permission of the deceased in the latter two cases).
    4. To ex-communicate, de-ex-communicate, re-ex-communicate, and de-re-ex-communicate (no backsies!) both his-/her-/it-/them-/your-/our- /His-/Her-/It-/Them-/Your-/Our -self/selves and others (if any).
    5. To perform all rites and functions deemed inappropriate for a Pope of Discordia.

Please note that discordians are forbidden to agree with each other.

Fnord

[JayJuanGee]

I have been watching this forum long enough but in the last few days I've come to understand why many people decided to leave this forum.... I think I might do soon as well...

Why?  Not informative enough?  Misleading info?

[octaft]

Still no ideas of where this rally is coming from (China, West, ...), nor why?

It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China.  So I would think that China STILL sets the price.

Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?

I don't think you were around last time when I recommended reading this for those who seek to understand Bitcoin

http://principiadiscordia.com/

I approve of this message. And because yesterday was a most holy discordian day (FRIDAY the 23.5.) I hereby pronounce all readers of this thread to be discordian popes.

A pope is somebody who is not under the authority of the authorities.

"The rights of a =POPE= include but are not necessarily limited to:

    1. To invoke infallibility at any time, including retroactively.
    2. To completely rework the Erisian church.
    3. To baptise, bury, and marry (with the permission of the deceased in the latter two cases).
    4. To ex-communicate, de-ex-communicate, re-ex-communicate, and de-re-ex-communicate (no backsies!) both his-/her-/it-/them-/your-/our- /His-/Her-/It-/Them-/Your-/Our -self/selves and others (if any).
    5. To perform all rites and functions deemed inappropriate for a Pope of Discordia.

Please note that discordians are forbidden to agree with each other.

Fnord

I take it this is like the flying spaghetti monster of political ideologies?

[ErisDiscordia]

Still no ideas of where this rally is coming from (China, West, ...), nor why?

It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China.  So I would think that China STILL sets the price.

Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?

I don't think you were around last time when I recommended reading this for those who seek to understand Bitcoin

http://principiadiscordia.com/

I approve of this message. And because yesterday was a most holy discordian day (FRIDAY the 23.5.) I hereby pronounce all readers of this thread to be discordian popes.

A pope is somebody who is not under the authority of the authorities.

"The rights of a =POPE= include but are not necessarily limited to:

    1. To invoke infallibility at any time, including retroactively.
    2. To completely rework the Erisian church.
    3. To baptise, bury, and marry (with the permission of the deceased in the latter two cases).
    4. To ex-communicate, de-ex-communicate, re-ex-communicate, and de-re-ex-communicate (no backsies!) both his-/her-/it-/them-/your-/our- /His-/Her-/It-/Them-/Your-/Our -self/selves and others (if any).
    5. To perform all rites and functions deemed inappropriate for a Pope of Discordia.

Please note that discordians are forbidden to agree with each other.

Fnord

I take it this is like the flying spaghetti monster of political ideologies?

No. It is a complicated joke disguised as a religion. Or a religion disguised as a complicated joke. No one knows for sure.

[octaft]

Still no ideas of where this rally is coming from (China, West, ...), nor why?

It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China.  So I would think that China STILL sets the price.

Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?

I don't think you were around last time when I recommended reading this for those who seek to understand Bitcoin

http://principiadiscordia.com/

I approve of this message. And because yesterday was a most holy discordian day (FRIDAY the 23.5.) I hereby pronounce all readers of this thread to be discordian popes.

A pope is somebody who is not under the authority of the authorities.

"The rights of a =POPE= include but are not necessarily limited to:

    1. To invoke infallibility at any time, including retroactively.
    2. To completely rework the Erisian church.
    3. To baptise, bury, and marry (with the permission of the deceased in the latter two cases).
    4. To ex-communicate, de-ex-communicate, re-ex-communicate, and de-re-ex-communicate (no backsies!) both his-/her-/it-/them-/your-/our- /His-/Her-/It-/Them-/Your-/Our -self/selves and others (if any).
    5. To perform all rites and functions deemed inappropriate for a Pope of Discordia.

Please note that discordians are forbidden to agree with each other.

Fnord

I take it this is like the flying spaghetti monster of political ideologies?

No. It is a complicated joke disguised as a religion. Or a religion disguised as a complicated joke. No one knows for sure.

Your words say no, but your explanation says yes.

[ChartBuddy]

Explanation

[JayJuanGee]

Weird how people suddenly are dumping. They are just so afraid we might go down again.

Let them dump, it has not much of effect. We went down $15,-. Been there, done that.

The sooner the retards are gone the better

I call another try for that wall $550,- within the next 24 hours. Before that we might see $505 on Bitstamp, but thats about it.

lol I was thinking about dumping and buying back sunday as its usually cheaper. But reading your post made me think again about it. I am a noob but my strength comes from knowing it. So I rely on you guys.

To make this clear, never rely on anything someone says here. Buying cause someone on here says you should buy... is stupid. Do what you think is best, with, I certainly hope, some common sense

Everyone can be wrong

I dont buy because someone say I should. I buy because of arguments. I know I shouldnt trade, especially since I want to hold long very long term but sometimes emotions got the better off me so I come to this thread to hear the voice of reason. I agree you are not all the incarnation of this voice, but I filter. Nonetheless, I think its urgent that I make a brain wallet so I dont do any stupid shit in case the best posters disappear and the only persons left are retards like me !

Edit: Thanks Adrian, I'll keep that in mind.

This is what happened: I had bought at 388, I wanted to sell off at 380 to buy back on sunday because its usually the moment where people lacks fiat. But now its 383 and rising ! I think I would have punched myself in the nose to educate me a little. This is how I learn. My problem is I can't stand being down short term. Its been hard to buy and buy in a bear market as everytime you back the next day its lower. Now I've launched multibit and this terrible software tells me that I've less amount in BTC that I had deposited. I think I should put some stuff into my asshole so I learn about dignity and how to handle loss like a fucking man.

Seems like a bad perspective if you cannot wait out the BTC market for the pricesto rise and to have a bit of patience 

If you sell at a lower price than you bought then, you are locking in paper losses  that are NOT really losses, until you lock them in, by selling.   

You may get lucky, and the BTC prices go down and you do NOT get too greedy with your timing  to buy back in. 

More likely, you would be in better shape, just to wait it out... b/c the BTC prices seems more likely to rise than to fall... especially,  if we are looking at a 6 month time horizon rather than a 1 week time horizon... so why get greedy, just with an attempt to add more value, but there is also a decent chance that you will bet wrong, if you were to sell, and then BTC prices do NOT go down..