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

[Wekkel]

i'll keep a bitcoin for collection purpose

I kept 10.

[Richard Branson]

The price in $ is completely irrelevant.

Typical buy HIGH, sell LOW bulltrashtalk.

[octaft]

Am I the only one to find it humorous that permabulls only think price matters on the way up?

[NotHatinJustTrollin]

Remember gentlemen, there is no spoon.

[Dump3er]

Who cares how many $ one bitcoin is worth?

Who cares about that? Seems like you're going by the dollar standard. It's filthy fiat, forget about that. In the near future, bitcoin will take over and $ will be a thing of the past.

The price in $ is completely irrelevant.

Yeah, these are little bulls bedtime stories! Enjoy it! 

[Wekkel]

Am I the only one to find it humorous that permabulls only think price matters on the way up?

First state an opinion and that attack it as a fact. Classic.

For some, price does not matter (especially if you're not holding any).

[magicmexican]

Gox's bottom was @91.5, maybe it will bounce from there

[Eddie Brock]

Can you seriously imagine bitcoin not succeeding?

That's impossible, considering how much it is needed. It's time to get back at the big banks.

Listen to Max Kaiser, he knows what's up

[DaRude]

Am I the only one to find it humorous that permabulls only think price matters on the way up?

Trader mentality.

Microsoft doesn't care about BTC price, neither does immigrant sending money back to his/her country, or the people dealing on silkroad 99.0, nor the tippers (well to small degree). Non of them carry the currency risk. At what point the demand for these use cases will meet supply who knows, but it's hard to argue that there won't be any new use cases.

Traders and miners are getting slaughtered though.

[Eamorr]

Am I the only one to find it humorous that permabulls only think price matters on the way up?

Trader mentality.

Microsoft doesn't care about BTC price, neither does immigrant sending money back to his/her country, or the people dealing on silkroad 99.0, nor the tippers (well to small degree). Non of them carry the currency risk. At what point the demand for these use cases will meet supply who knows, but it's hard to argue that there won't be any new use cases.

Traders and miners are getting slaughtered though.

I don't think seasoned traders are getting slaughtered to be honest. When there's blood on the streets, there's money to be made. The biggest risk is, in the event of a panic, getting your gains out and trusting the exchanges not to shut down with your dividends.

[DaRude]

Am I the only one to find it humorous that permabulls only think price matters on the way up?

Trader mentality.

Microsoft doesn't care about BTC price, neither does immigrant sending money back to his/her country, or the people dealing on silkroad 99.0, nor the tippers (well to small degree). Non of them carry the currency risk. At what point the demand for these use cases will meet supply who knows, but it's hard to argue that there won't be any new use cases.

Traders and miners are getting slaughtered though.

I don't think seasoned traders are getting slaughtered to be honest. When there's blood on the streets, there's money to be made. The biggest risk is, in the event of a panic, getting your gains out and trusting the exchanges not to shut down with your dividends.

Pretty sure mostly everyone would agree that with an asset losing around 75% of it's ATH market cap you can safely say that traders lost money. Of course i'm sure you can find exceptions with shorters and super elite/lucky traders successfully riding waves but pointing out exceptions doesn't help anyones case.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[NotLambchop]

...
Pretty sure mostly everyone would agree that with an asset losing around 75% of it's ATH market cap you can safely say that traders lost money...

Not those who shorted BTC over the past year.  Bears love tanking prices.

[Wandererfromthenorth]

^ 

[Gyrsur]

...
Pretty sure mostly everyone would agree that with an asset losing around 75% of it's ATH market cap you can safely say that traders lost money...

Not those who shorted BTC over the past year.  Bears love tanking prices.

logs or it didn't happen.  

[Gyrsur]

^  

so come on! no proof? just bla bla? I'm not amused.  

[NotLambchop]

...
Pretty sure mostly everyone would agree that with an asset losing around 75% of it's ATH market cap you can safely say that traders lost money...

Not those who shorted BTC over the past year.  Bears love tanking prices.

logs or it didn't happen.  

Not talking about myself, mostly got out on the way up.  If you think it unusual to short in a textbook bubble implosion, OTOH...

[YourMother]

I've set my buy orders around $45...

You think the current prices are low enough, huh ? Wait till Satoshi Nakamoto starts dumping...

[DaRude]

...
Pretty sure mostly everyone would agree that with an asset losing around 75% of it's ATH market cap you can safely say that traders lost money...

Not those who shorted BTC over the past year.  Bears love tanking prices.

logs or it didn't happen.  

Lol was my quote just truncated and made into troll food? It's still on the same page. I'm offended by such low quality trolling 

Full quote with emphasis.

Pretty sure mostly everyone would agree that with an asset losing around 75% of it's ATH market cap you can safely say that traders lost money. Of course i'm sure you can find exceptions with shorters and super elite/lucky traders successfully riding waves but pointing out exceptions doesn't help anyones case.

[ShroomsKit]

Gox's bottom was @91.5, maybe it will bounce from there

Why would it? At 91.5 it will be very expensive and traders are gonna want cheaper coins.