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1201  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 06:23:55 AM
540 will break within 2 hours. After that real panic will start.
1202  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 06:22:38 AM
There is clearly a reverse cup and handle forming on the bitstamp chart... classic indicator of another breakdown soon.

Yup, no way but down.
1203  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 05:59:02 AM
It's a trap. Down we go. Smart money is getting out. Are you smart?
1204  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 05:37:59 AM
I just sold whatever i had left. It's clear, Bitcoin is dead.
It failed. This year was make or brake. It broke. People lost interest. Everyone is getting out.

You have to be delusional to think the price will go up suddenly again.
Face it, this is the 5th or 6th year already. This is the time where it was supposed to happen and it simply failed.

People aren't gonna be suddenly interested again in 2 months again.
It's over. There is one way this will go and it isn't up.

You can't be serious Cheesy

Very.
1205  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 05:32:47 AM
I just sold whatever i had left. It's clear, Bitcoin is dead.
It failed. This year was make or brake. It broke. People lost interest. Everyone is getting out.

You have to be delusional to think the price will go up suddenly again.
Face it, this is the 5th or 6th year already. This is the time where it was supposed to happen and it simply failed.

People aren't gonna be suddenly interested again in 2 months again.
It's over. There is one way this will go and it isn't up.
1206  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 05:13:59 AM
Now let's hope they sheep don't go full retard.
1207  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 05:12:36 AM
Nice dump Sad
1208  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2014, 06:14:24 AM
While some peeps are panicking, I'm anticipating cheap coins... why worry if the fundamentals haven't changed?

In fact, the network scalability fundamentals have improved with Gavin's invertible bloom table proposal.

Cheap coins means longer adoption phase, more people being able to buy them, and creating a bigger ecosystem in the long run than if we suddenly spike and crash...

No wait... most people looking at the prices just want to get rich quick... carry on.  Tongue

People can buy 100 dollar worth in Bitcoin now or when it's 10.000. So your point is invalid.
Bitcoin going down simply isn't good. No matter what excuse you guys come up with.
1209  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2014, 03:44:31 AM
It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...

What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."

If you're not a bear right now, then I'm sorry, but you're just insane.

That quote is from Sigmund Freud... heard of him?

And, yes... get a grip on the bigger picture.. 2014 is 7/12th's completed.. or 7.5/12ths or 15/24ths... or 5/8ths complete..  

Even if this happens to be an overall "down" year for bitcoin, so fucking what?

Sigmund Freud may have said it, but it was originally spoken by Mr. Carl Sagan.

2014 has been one hell of a bad year for bitcoin. It's going to be harder than ever now to convince my friends to invest in an asset that has been decreasing in value steadily for almost a year. I think at this point any potential investor who looks at a long term graph is thinking... "OK, where else can I put my money?"

Sorry guys I'm not trying to "troll" you all, but you've got to admit this shit looks bad.



Um, it only looks bad if you're looking at a really small timeframe?

Overall trend is buy the *** out of it now...go long. $12,000 peak next

Longer the price goes sideways the bigger the peak will be?  Have some heart!

8 months is a very long timeframe. Stop the nonsense about a really small timeframe.
Also there is no overall trend to buy the *** out of it. People are dumping. That's the overall trend.

He is right. It simply looks very bad. There is no way you can talk this right.
It isn't bullish. It isn't a great time to buy.
It's bad.
1210  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 10:13:59 PM
Thursday is most bullish day of week. Friday is the bear whale's favorite dump day, and then by Sunday we will be in the $570s... if we're lucky. Sorry to be pessimistic my good sirs, but when you've played this game as long as me, it happens.

I hate being right all the time. I was off by one day, but still, in general, I was spot on with the general market sentiment.

Right? You were wrong.
1211  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 06:19:07 PM
ZOMG Bitcoin fell $10!  What happened, did China ban Bitcoin!?  Shocked


no, they are just dumping it.

rpietila mentioned 470 few days ago. masterluc noticed a bearish divergence.

where are you guys placing your bids? high 400?

Rpietila, just like every other person here, has no clue where the price will go.
1212  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 06:02:27 PM
Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?

If the price goes up because no one sells, it will be unstable. Sellers are needed. Lets see how well the market holds with a 10m bidsum at $10,000.

Sorry. Doesn't make any sense.
1213  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 06:01:29 PM
Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?
Never thought about ignoring people but your trolling is sooo obvious, it gets irritating.
Please troll once, and then shut up or be a whale and sell 50k bitcoin

Welcome to my ignore list.
1214  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 06:00:12 PM
I was hoping it to go lil low Tongue 560 and I'm ready with lil buy order Smiley now I guess its recovering back to where it is from last couple of weeks.

So you're gonna risk losing out and probably panic buying at 600 because you want to save 20 bucks per coin?
1215  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 05:58:44 PM
Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?
1216  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 05:53:34 PM
Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??
1217  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 05:53:13 PM
Only 2.5k to 600. Looks like a great time to break it.
1218  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 05:51:37 PM
This is nice to see. Finally continuing on to $300.

Why the hell would that be nice?
It would be the worst thing ever for Bitcoin at this point.

Because its been floating around $580 yet there is nothing to support that.

That doesn't answer my question.
1219  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 05:43:20 PM
This is nice to see. Finally continuing on to $300.

Why the hell would that be nice?
It would be the worst thing ever for Bitcoin at this point.
1220  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 05:42:07 PM
i wanted to buy at 570, but now i will wait for 560 bcoz this is a hard crash ( see huobi ) Smiley

Actually, why don't you wait to buy at 550 when it hits 560?

Or wait for 540 when it hits 550?

Or wait for 530 when it hits 540?

Or?  Or?  Or?.... or never buy any ever?

Again you are correct.
Another flawed logic i see here all the time.
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