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

[adamstgBit]

awww mods delete the " i have insider info my whale friend is dumping thread "


well @ thread creator

check again i don't think this whale is your friend anymore. thanks for the warning, tho!

[adamstgBit]

everyone thinks everyone else is retarded....

[JayJuanGee]

if your average cost of a BTC is less than 400 and if you are too invested and have troubles sleeping at night because of this trend, or if you are afraid and not sure about your strategy, now is your chance to reduce your position better than later at a loss (if the price fall further). 

at the end of the last year and beginning of this year, I said it was a good idea to sell some coins (people who bought around $100-200) and take the profits while you can, and now I am telling you that you can still take some profits.... I am afraid that there is a possibility that many of you will regret not doing so later.

Ah, mmitech. I guess you must be feeling pretty stupid right now, having sold half your stash a couple of months back when a certain person made it clear this was a really bad idea as the only way was up. But no, you wouldn't listen...

[sarcasm] yes, I feel sorry for selling at $6xx  , I beat my self everyday because of it, I could be making a ton of money if I didn't sell and listened to the bunch of perma-trollsbulls that hang around here. [/sarcasm]

Where are JJG and Trolfi? I haven't dropped by here for a while, and it seems so much more peaceful without them. I almost feel like staying.

Oh YES!!!!   you should stay, and that way mmitech has someone who is ready, willing and able to kiss his butt.  That would surely be helpful to our analyses and speculations regarding BTC prices.

[derpinheimer]

It wasn't that long ago (march) we were in the 300s. Then we went up to about 680. BTCgoes up; BTCgoes down.
Don't worry; be happy

If you trust the pattern repeats, then yes, be happy. If you don't believe in analysing lines on a chart. Though, this is scary

[kenji]

do you guys think 10K$ in the end of 2015 is possible?

[oda.krell]

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO, it's a store of value being built. Do you actually believe that because some monopoly money went into bitcoin the last few years, it's already a store of value? NO, but the potential of it becoming a store of value is there.

Agreed with that as well.

I wonder why so many people in here are so binary in their thinking: Bitcoin is a terrible store of value currently (and a highly speculative asset), a not-too-shabby medium of transfer, and absolutely not a unit of account. If things go well, it might be a store of value in the future, and the likelihood of that happening is exactly what we're collectively determining/discovering here, through the markets.

I bolded the key word. Anything can happen in the future. Bitcoin might be worth zero in the future as well. My point was that there is a prevalent attitude in this community that bitcoin is a store of value and that buying now is always a good idea. I'd not even consider such terms as "store of value" until bitcoin is much more entrenched.

I bolded the key sentence as well... Welcome to the forum

It can be hard sometimes not to feel like a huge bear with all the constant accusations from the rest of the bullish crowd that if you don't believe in $10k by December, you're a retard.

(and then you still have to draw a line between yourself and the actual bear trolls).

[Walsoraj]

do you guys think 10K$ in the end of 2015 is possible?

Is that you, Draper?

[Schickeria]

do you guys think 10K$ in the end of 2015 is possible?

Is that you, Draper?

 

[Searing]

Some appropriate music for these sad times.......

https://www.youtube.com/watch?v=YZtgZ5fHOuU

play this a few times....keep the mood

[JayJuanGee]

Stamp at 420s!! go go go 

its like a game of chicken between 2 three year olds on their big wheels..much noise...much shouting...little effect on if BTC survives or not long term

(damn I'm too old never had a big wheel just a rusty big ass tricycle)

I am pretty old too, but I remember big wheels being pretty fricken fun.

[Hunyadi]

Bitcoin is volatile. Is that news to you guys?

[kenji]

do you guys think 10K$ in the end of 2015 is possible?

Is that you, Draper?

no  i am  winkelvoss

[N12]

awww mods delete the " i have insider info my whale friend is dumping thread "


well @ thread creator

check again i don't think this whale is your friend anymore. thanks for the warning, tho!

You really think the mods would risk being found out?

do you guys think 10K$ in the end of 2015 is possible?

Is that you, Draper?

[ensurance982]

Shorts are decreasing as price is decreasing.
The dumps are real panic sellers.

Not even a short squeeze can save us right now.

We don't need any shorts. If we really do go up, bears will buy back, as well. Bears aren't stupid. At least most of them aren't.

[Christianne_Gottlieb]

Shorts are decreasing as price is decreasing.
The dumps are real panic sellers.

Not even a short squeeze can save us right now.

We don't need any shorts. If we really do go up, bears will buy back, as well. Bears aren't stupid. At least most of them aren't.

sure.

bears will buy every single bounce in a major downtrend.

because they are bears.

[DaRude]

For better or worse, no funds available until tomorrow, possibly monday. It'd be faster to fly cash to the exchange in person.

Hope you're not flying to Japan this time   you're like beetlejuice only pop up when people mention your name? Or is it the price opportunity?

[Schickeria]

It can be hard sometimes not to feel like a huge bear with all the constant accusations from the rest of the bullish crowd that if you don't believe in $10k by December, you're a retard.

(and then you still have to draw a line between yourself and the actual bear trolls).

I surrender! Bitcoin's volatility is really nothing in comparision what one has to bear in this thread. I quit here, and will search a new, better home - Ryan's Log, Analysis never ends, Speculation Posting Guidelines or whatever. It's too heavy, my head! I need asparine or better some valium.

[keithers]

Think we may have seen the bottom at $415?

[JayJuanGee]

What do you reckon is the chance for bitcoin to never see $500 again?

I am NO soothsayer, but probably less than 2%....

[p4n]

Down again, BTC-e seems that is going to break 400 this time... run to the hills! run for your life!

http://www.youtube.com/watch?v=geHLdg_VNww