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

[YogoH]

Anyone else has problems with bitcoinwisdom.com? Lagging hard, can´t open new pages´...

Yeah, it's indirectly caused by the adds. Those stupid animations make the crappy Adobe Flash Player mad which in turn makes the browser laggy/crashy. It might be just stupidity but could also be semi-malicious, I am not sure. This is not the first time in the Flash Player history, similar things happen from time to time.

Get adblock problem solved

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[mah87]

It's ridiculous that you want a market that has been suffering for almost a year to suffer even more just so you can buy a few coins 100 bucks cheaper. Just completely ridiculous. And once you have your coins you of course want the price to rise the day after.
It's been 5 years. Get over it.

I don't buy Bitcoin, my paycheck is already in Bitcoin. All I want is 2-3 months more before ATH and the expected +10-fold exponential rise. If it starts to happen today I won't be unhappy either. We all know it's gonna happen (Q4 14 or Q1-2 15) soon.

this is a dream, this won't ever happen you better buy XRP

[inca]

Always suspicious of those that are trying to save others!
Are you a welfare worker in your offline life or do you have some open shorts.

Jackpot. Expect the shrillness to increase with the price.

[btcney]

CFTC hearing about Bitcoin starts in 25 minutes.
http://www.onlinevideoservice.com/clients/cftc/video.htm?eventid=cftclive

[Wolf Rainer]

What's going on with the order book depths on stamp? Lol...

It's an illusion...

It´s not!  

[grappa_barricata]

this is a dream, this won't ever happen you better buy XRP

Why everyday somebody want to convince people to buy an anti-spam token?

[grappa_barricata]

It´s not!  

LOL! 

[Adrian-x]

Bitcoin should be up shortly on the CFTC thing. They could be talking about it now tbh, not much recognisable as English in it so far :/
EDIT: Link again:
http://www.onlinevideoservice.com/clients/cftc/video.htm?eventid=cftclive

it doesn't matter, ripple has won already, udnerstand it now or buy some xrp later and far more expansive :!!!

Just for those who haven't got it yet. Ripple if successful will be like fiat, something you use to buy Bitcoin.

[oldm8]

This forum reminds me of the GTAT forum (until Monday). The posts -- with almost a religious devotion -- claiming that GTAT was going to be huge soon because of Apple, and that investors were getting in early and were going to strike it rich soon. But alas, it failed, and the pigs got slaughtered.

I know most people here are first time investors and they think bitcoin is awesome technology or what not, and that's why they have to make all the comparisons with the Internet, the telephone or whatever when they describe bitcoin. It's a way to delude themselves into thinking that bitcoin is much bigger than it really is. Why is Wall Street not buying bitcoin, the currency? Because it's overhyped. They can see right through it, and they're staying out, and only investing some VC to extract potential value out of some of the start ups surrounding it.

Guys, I hate to be a wet blanket, but take a look at some of the stories on the GTAT forums, people got burned... bad. Lots of stories about losing years of savings. I know you'll all claim "this is money I can lose" because you're telling yourselves that there's no way bitcoin is going to zero. People said the same thing for GTAT. Like Warren Buffett said, when the tide goes out, we'll see who was swimming naked. I suspect a lot of you are swimming naked right now.

Be careful out there. I don't want to see the stories of people losing their retirement savings, or losing all the money that was earmarked for their disabled children or what not. Sadly, I know it's going to happen though.

You sure are so wise for being a newbie... Probably guys here are sending you PMs and asking you what to do, too?

Banned again by bitcoin high priests for being a heretic. You do realize they don't ban people on the gold forums or any other investment for being bearish, no? Like I said, this place is faith based, and that is why it will fail... no fundamentals to back it up.

Did you know the user base of bitcoin is smaller than the frequent flyer club of Kuwaiti airlines? Bitcoin has been around for almost 6 years and nobody out there is interested. It's all faith based and controlled primarily by whales. The whales are your God (OK, so it's polytheistic.)

Market moves however they decide. Eventually they will pull the plug on the believers, and we're going back to single digit dollars.

You may be right; I may be wrong. But there's nothing wrong in investing in something you believe in. Just be cautious and only invest in what you can afford to lose.

I agree, don't invest more than you're willing to lose. My experience with the GTAT forum tells me that people DO invest more than they're willing to lose, more often than they're willing to admit, because they convince themselves that nothing can go wrong, no black swan events, etc. I'm obviously bearish long term on BTC (which gets you banned here). All I'm trying to do is save people from making horrible decisions, so fundamentally we agree to some extent it seems.

Always suspicious of those that are trying to save others!
Are you a welfare worker in your offline life or do you have some open shorts.

No, I'm just a scholar of market psychology and I see clear warning signs with bitcoin. I take satisfaction out of pointing them out, and if people can be saved with my help, all the better.

Fair enough, I am not cynical enough, yet, to believe there are no altruistic people left in the world.
To help you gain some deeper insight into your studies, I recommend you purchase and hold/trade a nominal amount of bitcoin, that is if you don't already hold some.

[mmitech]

This forum reminds me of the GTAT forum (until Monday). The posts -- with almost a religious devotion -- claiming that GTAT was going to be huge soon because of Apple, and that investors were getting in early and were going to strike it rich soon. But alas, it failed, and the pigs got slaughtered.

I know most people here are first time investors and they think bitcoin is awesome technology or what not, and that's why they have to make all the comparisons with the Internet, the telephone or whatever when they describe bitcoin. It's a way to delude themselves into thinking that bitcoin is much bigger than it really is. Why is Wall Street not buying bitcoin, the currency? Because it's overhyped. They can see right through it, and they're staying out, and only investing some VC to extract potential value out of some of the start ups surrounding it.

Guys, I hate to be a wet blanket, but take a look at some of the stories on the GTAT forums, people got burned... bad. Lots of stories about losing years of savings. I know you'll all claim "this is money I can lose" because you're telling yourselves that there's no way bitcoin is going to zero. People said the same thing for GTAT. Like Warren Buffett said, when the tide goes out, we'll see who was swimming naked. I suspect a lot of you are swimming naked right now.

Be careful out there. I don't want to see the stories of people losing their retirement savings, or losing all the money that was earmarked for their disabled children or what not. Sadly, I know it's going to happen though.

You sure are so wise for being a newbie... Probably guys here are sending you PMs and asking you what to do, too?

Banned again by bitcoin high priests for being a heretic. You do realize they don't ban people on the gold forums or any other investment for being bearish, no? Like I said, this place is faith based, and that is why it will fail... no fundamentals to back it up.

Did you know the user base of bitcoin is smaller than the frequent flyer club of Kuwaiti airlines? Bitcoin has been around for almost 6 years and nobody out there is interested. It's all faith based and controlled primarily by whales. The whales are your God (OK, so it's polytheistic.)

Market moves however they decide. Eventually they will pull the plug on the believers, and we're going back to single digit dollars.

I agree with most of your post, but you are really wasting your time here, I have been warning these hopeless cultists for months and they've always trashed me, a better thing to do would be trading against them and rip  the shit out of them while they are still enthusiastic. maybe they will learn a lesson (short the shit out of Bitcoin).

When the bubble burst most of them will disappear, but this doesn't mean Bitcoin will die because only then the real growth will start happening (without 90% of this cultists that you see today)

[Mervyn_Pumpkinhead]

Always suspicious of those that are trying to save others!
Are you a welfare worker in your offline life or do you have some open shorts.

I think that guilt can motivate to help those who are trapped in bitcoin. If your gambling have been successful with bitcoin, then you also know that this money didn't come out of thin air. A large amount of that money came from the pockets of people who are a lot poorer then you. Their only crime was to have too big hopes and too little experience. You know that you increased your wealth at the expense of those who are less fortunate. Doing this can actually start to chew your conscience and you will actually start to hate the game that you're playing with others. At least that's how I feel when I recommend someone to stay away from bitcoin.

[fonzie]

Bullish?   

[btcney]

Always suspicious of those that are trying to save others!
Are you a welfare worker in your offline life or do you have some open shorts.

I think that guilt can motivate to help those who are trapped in bitcoin. If your gambling have been successful with bitcoin, then you also know that this money didn't come out of thin air. A large amount of that money came from the pockets of people who are a lot poorer then you. Their only crime was to have too big hopes and too little experience. You know that you increased your wealth at the expense of those who are less fortunate. Doing this can actually start to chew your conscience and you will actually start to hate the game that you're playing with others. At least that's how I feel when I recommend someone to stay away from bitcoin.

Thank god, I hate poor people and get already hard when I think about taking their hard earned money with trading. 

[podyx]

Bullish?   

Have you gone shorting?

[fonzie]

http://i59.tinypic.com/289ftg.png


Bullish?    

Have you gone shorting?

No way, that would be fucking insane! Just sold a bit (50%)  around 380$.
I´d rather buy ripple than short now 

[inca]

Always suspicious of those that are trying to save others!
Are you a welfare worker in your offline life or do you have some open shorts.

I think that guilt can motivate to help those who are trapped in bitcoin. If your gambling have been successful with bitcoin, then you also know that this money didn't come out of thin air. A large amount of that money came from the pockets of people who are a lot poorer then you. Their only crime was to have too big hopes and too little experience. You know that you increased your wealth at the expense of those who are less fortunate. Doing this can actually start to chew your conscience and you will actually start to hate the game that you're playing with others. At least that's how I feel when I recommend someone to stay away from bitcoin.

Nonsense.

You remind me of the Edward50 posts from 2011 trying to convince others that bitcoin was a scam and would crash. God knows if any poor sap read that and thought twice of investing in bitcoin. Hopefully anyone wavering will look through your overwhelmingly negative posting history and do the obvious. Why are you so bitter?

[btcney]

THEY CANCELED THE HEARING
SHIT

[aclass]

You think?

Thank you Mr. Chairman. We have our next panel here to discuss the next topic of cryptocurrency derivatives and here to help us with that we have Jerry Brito from the Coin Center, ....

THEY CANCELED THE HEARING
SHIT

[riiiiising]

Dow Jones crashing again. Rejoice, my fellow bitcoin enthusiasts! Don't pay heed to the trolls and those who seek to destroy bitcoin, it is only a matter of time before the fed's funny money fails and the world buys into bitcoin!

Dow Jones down 2% today. Bitcoin users not affected!

[Wandererfromthenorth]

The cftc just started