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WOW.... The Dow Jones industrial average is down almost 2% today....
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This is the wall observer not the ass observer
Difficult NOT to admire such a piece of anatomy.. whether a guy or a gal... Although a gal would likely salivate less. |
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Dumping in July is the equivalent of:  Haaa LOOOL! That's what I always wanted to do. Pull the window down in my Limo and then throw some bills at the people in front of my favourite club! funny, I always wanted it to rain money. we should get together Maybe you should come to my Club sometime! You seem like a nice guy having this great Wall Observer Thread here  We can also invite some people from the thread. But only Bulls! I may qualify for such an invitation.... Speaking on invitations, I am still working on my Circle invitation... I contacted them, and they said don't call us, we'll call you.... Additionally, they said that they are still only sending out limited invitations... so have patience... |
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Dumping in July is the equivalent of: Haaa LOOOL! That's what I always wanted to do. Pull the window down in my Limo and then throw some bills at the people in front of my favourite club! funny, I always wanted it to rain money. we should get together Raining free beers is a sort of training wheels for such a future benevolency. |
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Argentina defaults.
Ultimately that kind of news should be bullish for bitcoin; however, the way the bitcoin markets respond to news does NOT always seem to make logical sense... To be fair, Argentina is a basket case anyway, has been for decades and will continue to be so until and unless they dump the Marxist BS. OT Funny thing is, they will sell it to the argentinnian people as "evil capitalism" that is guilty for that mess and not their bullshit system as a strange mixture of socialsm and nationalism./OT IMI: It is possible that you may on to something.... but what the fuck is "OT"? |
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A decent rebound and the bulls shout 'to da moon'. In order for the bullish scenario to live on, the next 48 (maybe 72) hours are critical.
If support at 540$ will be broken and new support found at 450$ or less, the bullish scenario will be invalidated, and we'll have capitulation.
That's NOT gonna happen... We be lucky to break $550 again in the next week.... absent some major negative news. |
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Argentina defaults.
Ultimately that kind of news should be bullish for bitcoin; however, the way the bitcoin markets respond to news does NOT always seem to make logical sense... To be fair, Argentina is a basket case anyway, has been for decades and will continue to be so until and unless they dump the Marxist BS. Marxism has quite a bit to offer to the understanding of modern and historical capitalism. In order to understand potential solutions, one needs to understand some of the core problems - Marxism helps with that. Argentina may have various confrontational issues with the west (the USA and the IMF); however, I doubt that the solution would be for it to just give in without considering its own identity and role in the world and input from its populous regarding its identity. |
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I'm honestly amazed that nobody has throught to check ShroomsKit's FIRST posts. From these he's far from a kid living with his parents with barely any btc to rub together. He runs a business based out of Amsterdam (or he did in 2013) with it's own website. That said the site seems to be old news now as the domain shows as available on a whois check. So on that basis yes JorgeStolfi we're all kids living at home with our parents including me. Speaking of which I've pocket money to earn... damn child labour  +1000 for the epic troll ShroomsKit "Shroomskit" has admitted previously that at least 3 different people use the account (which explains some of his/her wildly vacillating opinions), so I wouldn't get too involved trying to divine meaning into any 'dogbird' posts. Let me put it this way. The original owner of this account isn't using it anymore. Not for a long time already. And yes it could very possible several people are using it. OK Shroomie. I believe you..... NOT!!!! |
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Good morning everyone! Can I get a short heads-up, has Shroomy bought his 2 BTC back, already? Anything new happened in the meantime? I just decided to give up predicting which way BTC decided to go. The honey badger god rabid! Good afternoon (2pm here). Shroomy bought back its 2btc, but as he did 6 smart trades yesterday, he only has one now  Is this a Coindesk News or Wall Street Journal? It is "Rewarding The Attention Whore" news. |
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So now that all Silkroad coins have been liquidated, can we keep on choo choo'ing to da moon please?  Those 29K + coins did NOT liquidate, they are being held by one investment group. Liquidation is NOT the proper term in my understanding of the situation. They have not moved. That's what I was trying to say... thanks for the clarification of that, Esse83. |
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And now I see that wikipedia is finally taking bitcoin?
Come on bulls!
Yeah just noticed that. Great news. That's why we went down because of all the idiots who's trading 101 book says "sell on the news". Yeah right.... The statement above pretty much admits: Idiot = Shroomie |
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So now that all Silkroad coins have been liquidated, can we keep on choo choo'ing to da moon please? Those 29K + coins did NOT liquidate, they are being held by one investment group. Liquidation is NOT the proper term in my understanding of the situation. |
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For the last 200 years it is a correct assessment, but if you are old enough, comparing 2014 with 1999 in almost every aspect (except, bitcoin  ): living conditions, income and work load in US for a majority of the population are much worse in 2014, no question about it. Creeping unrecognized inflation; long term unemployment; higher premium, but worse medical plans-we have it all. Because of high unemployment, people have difficulty changing jobs and/or moving, etc., etc. I am trying the Piketty book-it seems that he got something right there regarding the cause of this situation, but I am not sure what solutions (if any) are possible. Maybe if people stopped consuming 105% of their salaries "because I deserve this treat". Their deficit is the businesses' earnings, which goes to stockholders, people who saved so they could invest. I have heard of many bad things the government does, but never found an explanation for people digging themselves into debt and acccelerating the treadmill of hedonic adaptation on which they are barely keeping up. I have to think that's their own doing. Systems are set up to create incentives, including whether to save or to spend... whether to invest or NOT too... and where and how to invest. |
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Argentina defaults.
An interest payment on debt that "vulture funds" bought at way less than face value in 2001. The experts dont think it will effect their economy like 2001. I dont think its fair for funds to have a country over a barrel like this. Yeah...... Thanks for clarifiying that, Dreamspark. NOW, I recall... this supposed Argentine default is a big fucking so what. Some American or international court ruled that Argentina had to pay back some portion of the venture capital debt... Argentna, in essense, is saying fuck you to the court... this is just old fucking debt from 2001... and an injust court ruling that tries to get argentina to pay some of the debt.. good for them to refuse to pay this stupid ass old news debt from more than 10 years ago. |
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Argentina defaults.
Ultimately that kind of news should be bullish for bitcoin; however, the way the bitcoin markets respond to news does NOT always seem to make logical sense... |
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There's no substantial ROI left in Bitcoin compared to the risk involved. Investment gold is only $2 trillion. If Bitcoin went up 100 times it would be around $1 trillion capitalization.
If you bought a Bitcoin at $500 and then it hit a capitalization of $1 trillion - you only made $50,000.. definitely nowhere near enough to retire on... Diversifying that $500 into a dozen promising alternates is likely to reap better results.
Issue of course is nobody wants to do their homework. Crypto currencies is being treated like lottery tickets by a lot of people.
I doubt that people here are in agreement that 1 BTC would be a sufficient investment for retirement - maybe 10-20 BTC - especially if BTC reaches $1 trillion market cap, as you seem to concede to be possible. It is also very possible that BTC will reach a greater than $1trillion market cap.... and it is also possible that if people diversify their investments, they still may be able to accumulate more than 20BTC over the years and to profit very well off of the BTC portion of their portfolio. Lot's of speculation and lots of potential outcomes. There are a lot of ways to diversify a person's portfolio, and based on a lot of research, advice and assessment of one's risk tolerance and investment timeline. As you seem to have suggested gold as a possible alternative to BTC (or a possible way to hedge one's portfolio), I do NONETHELESS think that BTC has a much greater potential for an upside, as compared with gold. I currently do NOT hold any gold NOR do I plan to invest in Gold b/c currently I am of the belief that BTC accomplishes a lot of the same dollar hedging purposes as gold but BTC is a better investment b/c of its greater potential upside. |
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Ok, i'm back all in. After all that panic buying and selling i'm left with less than 1 coin Anyway, back to 600! You're joking with us right? Surely you have more than one. I had 2 but i sold and bought about 6 times in the last days. Always at the wrong time. Just like now. The minute i buy we crash again. ShroomsKit is actually the alter ego of a great bitcoin whale. Since the whale knows the short term price movements (he's creating them), he gets a kick out of playing the character of an emotional trader that has the worst possible timing. Yeah... that's what I mean... better said than me... +1... |
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Ok, i'm back all in. After all that panic buying and selling i'm left with less than 1 coin Anyway, back to 600! You're joking with us right? Surely you have more than one. I had 2 but i sold and bought about 6 times in the last days. Always at the wrong time. Just like now. The minute i buy we crash again. Shroomskie is playing with us. He has a theory that all traders are losers, so NOW, he is going through this supposed charade to prove his point... He just wants attention, for some childish reason. |
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Ok, i'm back all in. After all that panic buying and selling i'm left with less than 1 coin Anyway, back to 600! YOU are so full of shit, and you just seem to want attention. That doggie bird avatar is a comical and childish - just like your personality. |
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1W MACD is red. Everyone here should know what happens next.
BUY BUY BUY!!!
For some reason, I thought that it closed on Wednesdays; however, it did NOT close, yet. Maybe it closes on Thursdays? |
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