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4261  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 09:32:30 PM
...Maybe two years is necessary to make sure there is a gain in saving.

No, you're missing the point.  There is no guarantee you will gain tomorrow, in a month, in two years, or ever.  Just like there is no guarantee you will loose all of your money.
4262  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 09:29:11 PM
Why not just tell me how much ur hodling, so I can put some numbers to the lel?

What, a bit like 'i'll show you mine if you show me yours?'

what is lel?

lel=lol=lulz=funny

So, you're happy to pimp Bitcoin, but too ashamed/embarrassed to admit how much ur hodling? Cheesy
4263  Economy / Speculation / Re: Now that bitcoin is dying... on: November 02, 2014, 09:24:58 PM
Two years ago, people kept telling me that investing in Bitcoin was too risky, that it could crash any time, etc.

Lol IF I would have started mining two years ago my student loan would have been already paid by now.

It's never too soon to get started. The only regret you'll have is not starting earlier.

No, two years ago the people were right, what you did was risky.  You got lucky.  Doesn't mean what you did was smart.
...unless you think that winning a million in the lottery makes the guy who "invested" in the scratch tickets smart.
4264  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 09:18:41 PM
...
Trying: Bitcoin can not go up in a nice mathematical curve, whatever mathematical function. Assume an exponential function starting just after the genesis.

Why?

Quote
Speculators see this and want to front run the appreciation. We get a bubble, then a burst. This happens at all scales.

Either this works for all coins, including my Utter_Shit_Clonecoin, or you have to explain yourself.  If universal, invest in my Utter_Shit_Clonecoin, because to the moon.

Quote
We have, in addition, external forces like scams and news. A mathematical appreciation is just not possible.


Then your "it's certain to go up" bit is nonsense, Q.E.D.

4265  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 09:12:59 PM
Don't worry lamb chop I can handle a bit of volatility. Not everyone who is bullish bought in at 1200 you know  Wink

Why not just tell me how much ur hodling, so I can put some numbers to the lel?
4266  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 09:10:33 PM
If, OTOH, you are suggesting I pick a timeframe which better supports your argument, the begging question is "why"?
According to your logic, the flow has been from USD->BTC.  But... then it wasn't, for close to a year now.  Explain this shit.

If you are interested in the fate of bitcoin over the next 5-20 years ...

>Bitcoin lasts 5-20 years

4267  Economy / Speculation / Re: Now that bitcoin is dying... on: November 02, 2014, 08:55:04 PM
What is it with obvious sock puppet accounts?

Bulls getting desperate Undecided

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4268  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 08:51:57 PM
^Lolyeah, falling like a stone.  Just how much are you hodling, inca?  Is the wasted effort/embarrassment of pimping your boss investment really worth it?
4269  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 08:09:00 PM
Price goes down very slowly... hope that something happen and price will rise up because price is too much low now  Angry

Don't worry. It'll go up eventually and when it does you'll be smiling you 'survived' this bearmarket.
Even all the trolls in here want it to go up once they buy in. They just don't want you to know.

Why will it eventually go up?
Why do so many here act like that is a fact, like it's guaranteed.

You should have learnt by now. Anyway, here is one argument: Generally, money value flows to the most liquid money type, if everything else is equal. It's not, fiat like USD is currently better in that it is accepted everywhere, or said otherwise, it is more easy to convert USD to something else of value, than bitcoin. Despite this, value flows from USD to bitcoin, increasing value of bitcoin and reducing (currently marginally) that of USD. The effect of this flow is that afterwards, bitcoin has gained usefulness, meaning that next year (month, day), the flow is enforced. The end game is that bitcoin takes over all value. It is the only possible outcome.

Other than that throughout 2014, the flow has been from BTC to USD, you got a solid argument there Cheesy

You can not say it has gone up or down unless you at the same time choose a timeframe. You could easily select two year's timeframe. Going down this year is annoying, but it does not change the big picture.

If you are suggesting that since its inception (when its price was exactly zero), BTC had nowhere to go but up, I agree with you.  Buying it at zero would have been a no-brainer.  If, OTOH, you are suggesting I pick a timeframe which better supports your argument, the begging question is "why"?
According to your logic, the flow has been from USD->BTC.  But... then it wasn't, for close to a year now.  Explain this shit.
4270  Economy / Speculation / Re: So how much have you lost this year by investing in Bitcoin? on: November 02, 2014, 08:00:23 PM
A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.

It's all relative.  $30 coins looked expensive as hell when it went down to $2.  How do those $30 coins look now?

Like you should have sold @30 and re-bought @2?  You would have been fifteen times wealthier.  That's what speculation is all about Undecided

Quote
I'm not saying that BTC will ever be $100,000, but you never know what's going to happen.  I never thought it would hit $1,000, and if it did, it would be after 10 years.  Looks like I was wrong.

If you "never know what's going to happen," you're not investing, you're gambling.  The same "never know what's going to happen" reasoning drives the poor to spend their welfare checks on scratch tickets.  You never know, a buck could get you a million, amirite?

Did you at least sell some coin close to the top, or ...are you still hodling?
4271  Economy / Speculation / Re: Now that bitcoin is dying... on: November 02, 2014, 07:49:34 PM
^That.  If I knew that we'll see 350 again, I'd buy BTC now and sell @ 350.  Who wouldn't?
4272  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 07:44:41 PM
Price goes down very slowly... hope that something happen and price will rise up because price is too much low now  Angry

Don't worry. It'll go up eventually and when it does you'll be smiling you 'survived' this bearmarket.
Even all the trolls in here want it to go up once they buy in. They just don't want you to know.

Why will it eventually go up?
Why do so many here act like that is a fact, like it's guaranteed.

You should have learnt by now. Anyway, here is one argument: Generally, money value flows to the most liquid money type, if everything else is equal. It's not, fiat like USD is currently better in that it is accepted everywhere, or said otherwise, it is more easy to convert USD to something else of value, than bitcoin. Despite this, value flows from USD to bitcoin, increasing value of bitcoin and reducing (currently marginally) that of USD. The effect of this flow is that afterwards, bitcoin has gained usefulness, meaning that next year (month, day), the flow is enforced. The end game is that bitcoin takes over all value. It is the only possible outcome.

Other than that throughout 2014, the flow has been from BTC to USD, you got a solid argument there Cheesy
4273  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 03:06:54 PM
...


Frighteningly accurate.
4274  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 02:58:11 PM
its seems like its going down down and down  Undecided

It's the weekend 2014, relax.

FTFY
4275  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 02:45:27 PM
...
Bitcoin is not some company that'll go bankrupt and disappear.
It's a resilient technology that won't go away for many generations to come...

Yeah.  Resilient, disruptive, revolutionary, groundbreaking P2P technology.

4276  Other / Politics & Society / Re: Analysis never ends on: November 02, 2014, 01:40:51 PM
...Only Cher and Keith Richards would suvive.
Nastrovje!

Cheesy
4277  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 12:13:56 PM
Angry
4278  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2014, 12:10:39 PM
Price goes down very slowly... hope that something happen and price will rise up because price is too much low now  Angry

Don't worry. It'll go up eventually and when it does you'll be smiling you 'survived' this bearmarket.
Even all the trolls in here want it to go up once they buy in. They just don't want you to know.

Yeah, you'll be fine...

4279  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2014, 09:19:27 PM
...If you have bitcoin, what are you waiting for? When are you going to sell? 290? 250? 150? 25? 10?? 5???

.50?? ...

A few here romanticize hodling.  To them, Bitcoin is a very personal, almost sexual thing.  Freud attributed such behavior to failure to progress past the anal gratification stage (anal retentive).  He was wrong, of course--these people are simply as crazy as the proverbial bed bug.

Which is cool--they are an endless source of free lel.
Enjoy!
4280  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2014, 08:55:59 PM
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