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

[Stevenrm87]

stop pumping your altcoin in here.

please.

i'll bet 100$ that PPC will crash hard.

I dont need your filthy dollars! ha! Im making way to much from PPC right now anyway

[1714680813]

1714680813

[adamstgBit]

stop pumping your altcoin in here.

please.

i'll bet 100$ that PPC will crash hard.

I dont need your filthy dollars! ha! Im making way to much from PPC right now anyway

100$ of bitcoin i mean

wana make some money fast?

[Stevenrm87]

stop pumping your altcoin in here.

please.

i'll bet 100$ that PPC will crash hard.

I dont need your filthy dollars! ha! Im making way to much from PPC right now anyway

100$ of bitcoin i mean

wana make some money fast?

What do you propose?

[thezerg]

...
I maintain my earlier point, however, if there are means to identify problems (such as manipulation, if it is taking place in ways that are outside of "acceptable" limits) and then to figure out the least intrusive ways to resolve such problems - sometimes that may mean that the best way is to establish some kind of an oversight body... that has teeth that will minimize and/or prevent the problems (if manipulation rises to such level to be deemed a problem).

Sure.  Bitcoin community is slowly reinventing the wheel.  Unregulated markets caused problems, that's why people invented regulations and regulated them.

Maybe we are saying, more or less, the same thing but using slightly different wording and emphasis?

Regulation is NOT some foreign outside force that comes in and ruins the party - frequently what happens with any kind of community intervention (if you want to call it regulation) is that a problem evolves and is identified.  Sometimes problems are identified as similar to earlier problems and the same (or similar) rules, policies and/or practices can be used to address the new problems, and other times complete rethinking needs to take place in order to address the newly evolving circumstances - and sometimes, through this whole process, communities will come to realize that their previous rules and/or practices were all fucked up...

Surely, with bitcoin there is both new and old mixed in and there are a variety of mixed public policy incentives, including whether the government should consider bitcoin to be a friend or a foe.. and there can be both good and evil driving forces that are affecting the direction... regarding what actions should be taken, if any.

Surely, it is really cruel and evil if somebody like Mark Karpeles runs off with your coins (if that is what really happened), but it also could be cruel and evil if the US government was involved in manipulating and or stealing those GOX coins or having some kind of hand in what happened with GOX.  It may take some time before we find out, that is if the full and true story ever comes out.

I wonder where would we be if not collapse of mtgox. $2000 ? or more ? Maybe some day we will know ...

something tells me its better that it imploded sooner rather then later.

Yeah, even sooner would have been better.  If willybot hadn't been buying it might have slowed the bubble down enough so China would not have seen a need for such strong regulatory announcements (for example).

[AirFlame]

I wonder where would we be if not collapse of mtgox. $2000 ? or more ? Maybe some day we will know ...

something tells me its better that it imploded sooner rather then later.

Hmm i think in this case, it will be better if mtgox coins had been stolen today when the price should be $2000 or more. There are so many exchange sites and programs that stores Bitcoins which was not previously. So a lot of people had bitcoin in other sites or wallets. MtGox collapse will do not much harm as before.

[adamstgBit]

stop pumping your altcoin in here.

please.

i'll bet 100$ that PPC will crash hard.

I dont need your filthy dollars! ha! Im making way to much from PPC right now anyway

100$ of bitcoin i mean

wana make some money fast?

What do you propose?

next week PPC is lower then it is today?

[fonzie]

FINAL (double) BOTTOM IS IN!

Wow, you are still bullish? You did better as a bear troll. I figured when the market refused to bounce, you'd return to the dark side....

I don´t care that much about USD/BTC right now,i´m fine if it stays liquid and stable, i just need it to cash out my alt profits. But it is probably inevitable that BTC/USD will follow it´s elder brothers -->PPC/DOGE/NMC and LTC(soonish)

[grappa_barricata]

we are bouncing



EDIT: well, maybe not 

[ChartBuddy]

Explanation

[fonzie]

In the meanwhile the rest of the world goes crazy   

http://abcnews.go.com/Weird/wireStory/skunk-head-stuck-beer-rescued-ohio-25565363

[spooderman]

My bids are at 442. I'll be pissed if they miss

[Stevenrm87]

stop pumping your altcoin in here.

please.

i'll bet 100$ that PPC will crash hard.

I dont need your filthy dollars! ha! Im making way to much from PPC right now anyway

100$ of bitcoin i mean

wana make some money fast?

What do you propose?

next week PPC is lower then it is today?

Its now 23% higher since we started this convo lolz

[fonzie]

I just came back from the future; Cannabiscoin crashed to 0 and ethereum never got released. I hope nobody is invested in either of these scams.

(No offense A...) Looooool  

[oda.krell]

This is so fucked up..

makes zero fucking sense
anyone thinks there's a chance for sub 300??
I don't know if I will sell my whole fucking stash or leverage HARD if we would sub 300

How much are down from your original investment, in %, if I may ask?

It looks to me like you're over-invested, and the best thing to do in all likelihood would be to reduce your position - not now maybe, but on the next larger rebound - to a size that makes you look at the market with less apprehension.

I know it sounds somewhat counter-intuitive, but any chance you could see yourself doing that?

Well my life savings are down about 40% but I also invested all my money(about 25% of life savings) on an average of about $120 so technically i'm not losing any money yet but I really don't wanna sell the coins I invested in at $120(they are in cold storage in several different banks) so you could say i'm down 40% with alot of money

My plan was to get my initial investments out when we would go for the next bubble ($4-5k)

So you're still up around 20% in total currently. At $300 though, you would be down around 20% in total.

I understand the reluctance to sell at less than what you had planned. Try not to panic sell, I'd say, and give it at least a thought to sell a part of your position when price seems to recover again, to reduce your exposure. Good luck

I don't know how you come to any kind of conclusion regarding the extent to which Podyx is up or down.


In reality, Podyx should add up all his BTC and add up all that he invested into it,including administrative and transaction costs - and that will give him his average cost per BTC.  Then when he compares that number to the current price then he will know the exact percentage that he is either up or down.

It is a little more complicated if taking all the various investments that a person has and then to figure whether up or down, but at least he would be able to provide a more specific estimate for the state of his BTC holdings.  And, having only $4-5k invested is NOT a great amount.. in my thinking (but that amount is all relative to a person's total wealth and other assets and income earning potential, I suppose)

High school algebra? Maybe even late elementary school?

HEY!!!!  We seem to have something in common!!!   I also have math and some basic algebra skills; however, I still had concluded that Podyx had NOT provided sufficient (and non-contradictory) facts in order to really figure out the specifics regarding the up or down status of his BTC portfolio. 

Maybe I just need to be lead more?

"Well my life savings are down about 40% but I also invested all my money(about 25% of life savings)" => ratio of investments known, 1 to 0.25

"I also invested all my money(about 25% of life savings) on an average of about $120" => investment sits at 450/120 of original value.

"Well my life savings are down about 40%" => bought (on average) at 450/0.6  = 750, so investment now at 450/750

==> (450/750+0.25*450/120)/1.25 = 1.23, he's up ~23% currently on the total investment (according to the numbers he gave. no further claim to correctness beyond that.)

[adamstgBit]

I just came back from the future; Cannabiscoin crashed to 0 and ethereum never got released. I hope nobody is invested in either of these scams.

(No offense A...) Looooool  

 

[fonzie]

I´m going to release LSDcoin soon, with a total supply of 5000 coins. Each coin is backed up by a personal experience i made.  

I´m going in the bathtub now. Bye.

[podyx]

@jayguanjee the $4k-5k figure was the price of bitcoin, not my investment

and @oda.krell some nice math skills you got there. I was impressed that you would call it right

[hd060053]

wtf is happening with PPC

[keystroke]

Hmmm... I work up there a bit, but it's a close call.  I think 'no' will be the result - but the unintended consequences of a 'yes' vote will have ramifications for the UK. Speaking from another part of the UK - it will not do me much good, personally - but it does fascinate me.

I can't see a Bitcoin benefit anytime soon, though - that is a little fanciful.  They will just keep the pound (whether England likes it or not) for now, perhaps for a long time to come.

'Yes' will be a bombshell for the UK and its place in the world will be questioned and a 'yes' will be also be more exciting to see - but I just don't see it (quite).

I just arrived in Scotland an hour ago with a colleague. We're going to be meeting with Labor at 6am to take part in the campaign during the day and then watch the votes come in at night. I don't really have a strong opinion. It does look like the vote will be 'No', so anything else will be a real shocker. The look of the woman at the front desk of our hostel was priceless when she heard that an Australian and an American had just arrived in town to campaign on the 'No' side.

If anyone is in Glasgow from now until Monday, send me a PM.

[NotLambchop]

...
Sure.  Bitcoin community is slowly reinventing the wheel.  Unregulated markets caused problems, that's why people invented regulations and regulated them.

Maybe we are saying, more or less, the same thing but using slightly different wording and emphasis?

Regulation is NOT some foreign outside force that comes in and ruins the party...

I agree, unless by "outside force" you mean our beloved and all-powerful Lizard Overlords (may They reign forever!).
In a broader sense, too.  All the "statist" stuff--governments, laws, police and the military to enforce those laws--it's all just humanity trying to solve its problems.  No one in his right mind likes these things (excepting, of course, our Merciful Lizard Overlords, who ARE love).

There are shitty laws to be changed and governments to be overthrown, but "therefore we don't need them" just doesn't follow.