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

[HarryT1923]

i could have sworn page 7777 was behind us. who is behind all these post deletions and what is the significance of 7777?

[1715120731]

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[BayAreaCoins]

I think we are headed south of $500 over the next month or weeks.

With selling pressure from new companies that accept BTC.

Bearish

[adamstgBit]

I am wondering whether it is time to buy or not. No sleep for me, I guess.

i guess a good night sleep isn't very valuable to you?

most common rookie bitcoiner mistake.

set an order and get some sleep...

[BitChick]

I think we are headed south of $500 over the next month or weeks.

With selling pressure from new companies that accept BTC.

Bearish

You do know that there is a fund opening this week on August 1st?  http://www.globaladvisors.co.uk/

I highly doubt we are going south. 

[spooderman]

someone is going back and deleting lots of dinosaur pictures. Someone is writing the bitcoin bible!

[ChartBuddy]

Explanation

[beetcoin]

I am wondering whether it is time to buy or not. No sleep for me, I guess.

i guess a good night sleep isn't very valuable to you?

most common rookie bitcoiner mistake.

set an order and get some sleep...

yeah, after being sleep deprived and feeling deranged, i don't think you'd be in the best situation to make the right call.

[Richy_T]

Stolfi could do some real damage to this thread by deleting posts; however, I am afraid that he cares too much about the preservation of his record.  Stolfi may have some less than positive attributes; however, post deletion does NOT seem to be one of them.     

All of Chartbuddy's old posts are useless (and his current ones, many may argue) since I started purging the gifs to save on storage costs. I wonder how many pages those would account for... Too bad I'm in Vacation in the hills of TN right now...

[Richy_T]

http://www.coinspeaker.com/2014/07/24/us-court-baned-auction-bitcoins-com-domain-name/

lol some news about gox, oh mark... one blunder after another.

This explains the lack of bubble, no doubt.

[Richy_T]

I think Ecuador’s central bank might be coming out with an altcoin soon, they legislated the monopolization of "electronic currency"

EcuadorCoin, A good pump and dump to watch for 

read all about it!

Short it into the ground and then short it some more.

[Richy_T]

Adam how about a beer giveaway again? I send you the bits and you post funny pictures with QR codes in them. I'm too drunk/retarded to do that 

Hmm. I wonder if I could extend Chartbuddy a little... Beerbuddy?

[WillyBTC]

Is there any way I can short the number of posts in this thread? Seems like some manipulator is making this a sure bet!

[JayJuanGee]

Stolfi could do some real damage to this thread by deleting posts; however, I am afraid that he cares too much about the preservation of his record.  Stolfi may have some less than positive attributes; however, post deletion does NOT seem to be one of them.     

All of Chartbuddy's old posts are useless (and his current ones, many may argue) since I started purging the gifs to save on storage costs. I wonder how many pages those would account for... Too bad I'm in Vacation in the hills of TN right now...

I was of the belief that Chartbuddy's historical posts would be preserved b/c they could provide one objective and quick means to verify what BTC prices were within the stream of posts.

[cro]

I am wondering whether it is time to buy or not. No sleep for me, I guess.

i guess a good night sleep isn't very valuable to you?

most common rookie bitcoiner mistake.

set an order and get some sleep...

yeah, after being sleep deprived and feeling deranged, i don't think you'd be in the best situation to make the right call.

Thanks for your concern.   I would buy some BTC straight away as I was about to for some time if it wasn't for this "will it fall terribly low or go up?" situation, really. I'm not afraid of fluctuations, but when people say the price may fall to 500$ it may be better for me to wait for a while...

[JayJuanGee]

I am wondering whether it is time to buy or not. No sleep for me, I guess.

i guess a good night sleep isn't very valuable to you?

most common rookie bitcoiner mistake.

set an order and get some sleep...

yeah, after being sleep deprived and feeling deranged, i don't think you'd be in the best situation to make the right call.

Thanks for your concern.   I would buy some BTC straight away as I was about to for some time if it wasn't for this "will it fall terribly low or go up?" situation, really. I'm not afraid of fluctuations, but when people say the price may fall to 500$ it may be better for me to wait for a while...

This BTC investment matter does NOT need to be all or NOTHING, and really it remains quite risky to attempt to predict the market exactly.

Let's say that you have $1,000 that you want to invest in BTC;however, you are worried about whether the price will go down to $500.  Well, why don't you use approximately half of the $1,000 ($500), and buy some BTC now?  If the price goes down to $500, then you can use the other $500 or at that point you may have more to invest.  or if at that point you believe it is going down some more, then buy another $250 and wait to see if BTC prices go down more.

It is generally less safe to attempt to time the market and attempt to bet all or NOTHING b/c inevitably it remains difficult to predict.

[hyphymikey]

Is it going to take us 7 tries for page 7777 to become a new floor?

Currently on page 7773 with two failing rallies to keep us over 7777 for a significant period of time.

[cro]

I am wondering whether it is time to buy or not. No sleep for me, I guess.

i guess a good night sleep isn't very valuable to you?

most common rookie bitcoiner mistake.

set an order and get some sleep...

yeah, after being sleep deprived and feeling deranged, i don't think you'd be in the best situation to make the right call.

Thanks for your concern.   I would buy some BTC straight away as I was about to for some time if it wasn't for this "will it fall terribly low or go up?" situation, really. I'm not afraid of fluctuations, but when people say the price may fall to 500$ it may be better for me to wait for a while...

This BTC investment matter does NOT need to be all or NOTHING, and really it remains quite risky to attempt to predict the market exactly.

Let's say that you have $1,000 that you want to invest in BTC;however, you are worried about whether the price will go down to $500.  Well, why don't you use approximately half of the $1,000 ($500), and buy some BTC now?  If the price goes down to $500, then you can use the other $500 or at that point you may have more to invest.  or if at that point you believe it is going down some more, then buy another $250 and wait to see if BTC prices go down more.

It is generally less safe to attempt to time the market and attempt to bet all or NOTHING b/c inevitably it remains difficult to predict.

I just didn't wanted to wake up with knowledge that I could have waited one day and buy for a better price. It's hard to argue with your logic, though. I will follow your advice. Cheers.

[spooderman]

This thread speculation is fun. It helps to demonstrate how absurd it is to speculate with unreasonable degrees of certainty anyway.

Stupid mods manipulating the thread count.

I expect blitz is trying to send us the message that "no one buys the 'above 7776' lie any more."

[Richy_T]

I was of the belief that Chartbuddy's historical posts would be preserved b/c they could provide one objective and quick means to verify what BTC prices were within the stream of posts.

No. But I have not deleted one single bit of data I have retrieved from MtGox or Stamp. Everything could be reconstructed. Numerical data like that compresses much better than images.

[HarryT1923]

i wonder what the deal is with these dumps on Bitfinex.

do you guys think they are doing a daily liquidation of swap fees (for long positions)? maybe that has something to do with it.