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

[hmmkay]

When the panic buys come and there is no Mt Gox to sell fractional reserve coins, how much faster will the price rise?

So fast, most dumper/bears won't get their orders filled. 

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[abercrombie]

...
Bitcoin did not fail even if its worth 1$ . Price doesn't matter.
...

Good point.  The idiots who bought @ $1k just don't get it.

Lol... tuff crowd. 

[BitAddict]

Call me whatever u want, bulltard etc, but I aint selling shit...

Back in the day I mined myself a nice ol' stash of coins, saw them bubble to over $25 each (hory sheet!), bubble popped and the future was bleak for what seemed like an eternity. It dragged on and on, the trolls were having an absolute field day. Sound familiar? I'm ashamed to admit that the trolls got the better of me I lost faith and sold my entire stash under ~$11each


I SHOULD have put my coins in cold storage, stepped away from the keyboard, lived my life, and not wasted so much time and energy on it. So, that's what i'm doing this time. I can think of a few others that would benefit from the same advice.

The problem is that lot of people are overinvested, they probably need that money in the mid short term.
Lot of bitcoin investors bought because they wanted to be rich fast, and now is happening quite the opposite, they're coming poor faster with money they probably can't or shouldn't afford to lose.

[cbeast]

Call me whatever u want, bulltard etc, but I aint selling shit...

Back in the day I mined myself a nice ol' stash of coins, saw them bubble to over $25 each (hory sheet!), bubble popped and the future was bleak for what seemed like an eternity. It dragged on and on, the trolls were having an absolute field day. Sound familiar? I'm ashamed to admit that the trolls got the better of me I lost faith and sold my entire stash under ~$11each


I SHOULD have put my coins in cold storage, stepped away from the keyboard, lived my life, and not wasted so much time and energy on it. So, that's what i'm doing this time. I can think of a few others that would benefit from the same advice.

The problem is that lot of people are overinvested, they probably need that money in the mid short term.
Lot of bitcoin investors bought because they wanted to be rich fast, and now is happening quite the opposite, they're coming poor faster with money they probably can't or shouldn't afford to lose.

That's gambling in general and nothing to do with Bitcoin. Bitcoiners didn't hold at <$20 for two years because they wanted to get rich. They were awed by the tech.

[NotLambchop]

Buy Bitcoin, roundeye?

[mmitech]

...
Bitcoin did not fail even if its worth 1$ . Price doesn't matter.
...

Good point.  The idiots who bought @ $1k just don't get it.

Well i never bought any coins , i listen to Andreas advice, i earn them .
Got like 13btc so far in last couple of months.

But again price doesn't matter, bitcoin is protocol not only a currency and it didn't fail and it probably can't ever fail as a protocol .  

What gear are you using?

Blue collars or white collars, either one can earn bitcoins.

13 BTC in two month is a decent-sized farm, would like to know what gear/pool he's using.

He said he earned them and not mined them... as for changes goods or services for Bitcoin.

[mmitech]

in 32 Hours the price according to my sources will be $377   (+/- 5)

yea, your only "source" is being too much invested and shitting your pants because of that....pathetic.

[ssmc2]

Call me whatever u want, bulltard etc, but I aint selling shit...

Back in the day I mined myself a nice ol' stash of coins, saw them bubble to over $25 each (hory sheet!), bubble popped and the future was bleak for what seemed like an eternity. It dragged on and on, the trolls were having an absolute field day. Sound familiar? I'm ashamed to admit that the trolls got the better of me I lost faith and sold my entire stash under ~$11each


I SHOULD have put my coins in cold storage, stepped away from the keyboard, lived my life, and not wasted so much time and energy on it. So, that's what i'm doing this time. I can think of a few others that would benefit from the same advice.

The problem is that lot of people are overinvested, they probably need that money in the mid short term.
Lot of bitcoin investors bought because they wanted to be rich fast, and now is happening quite the opposite, they're coming poor faster with money they probably can't or shouldn't afford to lose.

Hate to say it but those types of people shouldn't be invested in the first place. Shake em out and let's move on please. The sooner the better but if it takes a few more months then so be it.

[NotLambchop]

...
He said he earned them and not mined them... as for changes goods or services for Bitcoin.

Gotcha, misunderstood.

[abercrombie]

I'm considering to stop looking at the bitcoin price for the next few months but then I risk losing all money...
And miss opportunities to buy in low if I decide to do that.
This market really is a bitch man

You were quite young weren't you? This is good learning opportunity for you, just watch and ride it out. Forget about the profits you had for a moment and just watch this bear market. Better times will come, soon or not.

Sometimes things fail and die out. This is one of them. Give me one good reason why after 6 years (of which the last year was total shit) we suddenly will go up again. Why will things get better? It already failed.

Reminds me of the thread "Why did bitcoin failed."

Created, by the way, when Bitcoin was at the lofty price of $478 Sept 7, 2014.  

[edwardspitz]

Anyone else experiencing problems on Bitfinex?

[BitAddict]

Call me whatever u want, bulltard etc, but I aint selling shit...

Back in the day I mined myself a nice ol' stash of coins, saw them bubble to over $25 each (hory sheet!), bubble popped and the future was bleak for what seemed like an eternity. It dragged on and on, the trolls were having an absolute field day. Sound familiar? I'm ashamed to admit that the trolls got the better of me I lost faith and sold my entire stash under ~$11each


I SHOULD have put my coins in cold storage, stepped away from the keyboard, lived my life, and not wasted so much time and energy on it. So, that's what i'm doing this time. I can think of a few others that would benefit from the same advice.

The problem is that lot of people are overinvested, they probably need that money in the mid short term.
Lot of bitcoin investors bought because they wanted to be rich fast, and now is happening quite the opposite, they're coming poor faster with money they probably can't or shouldn't afford to lose.

That's gambling in general and nothing to do with Bitcoin. Bitcoiners didn't hold at <$20 for two years because they wanted to get rich. They were awed by the tech.

I agree, it's a gambling problem, I'm not blaming bitcoin. But that's what is happening to a lot of people because they made the bad decision to go allin.
Now market is trying to get rid of all this people and become healthier again, until it can keep growing.

If you made a proper long term investment with money you understand you can lose, then you should not care about daily price.

[podyx]

I'm considering to stop looking at the bitcoin price for the next few months but then I risk losing all money...
And miss opportunities to buy in low if I decide to do that.
This market really is a bitch man

You were quite young weren't you? This is good learning opportunity for you, just watch and ride it out. Forget about the profits you had for a moment and just watch this bear market. Better times will come, soon or not.

Sometimes things fail and die out. This is one of them. Give me one good reason why after 6 years (of which the last year was total shit) we suddenly will go up again. Why will things get better? It already failed.

Reminds me of the thread Why did bitcoin failed created by the way, at the lofty price of $478 Sept 7, 2014.  

It was around $500 I really started to doubt bitcoin's future too and was selling but later bought back at same price

It's not a fucking pipedream that bitcoin will succeed though

[Wandererfromthenorth]

Anyone else experiencing problems on Bitfinex?

What happens?

[MICRO]

...
Bitcoin did not fail even if its worth 1$ . Price doesn't matter.
...

Good point.  The idiots who bought @ $1k just don't get it.

Well i never bought any coins , i listen to Andreas advice, i earn them .
Got like 13btc so far in last couple of months.

But again price doesn't matter, bitcoin is protocol not only a currency and it didn't fail and it probably can't ever fail as a protocol .  

What gear are you using?

Oh , no , im not mining. I didn't have anything to invest in bitcoin . I earned 13btc in like last 3-5 months. And now im living from it , basically my only source of income .
Im working @Primedice.com .

[abercrombie]

Anyone else experiencing problems on Bitfinex?

Been trading on it all morning.  Just logged in again now on my iPhone.

[ChartBuddy]

Explanation

[jonoiv]

in 32 Hours the price according to my sources will be $377   (+/- 5)

yea, your only "source" is being too much invested and shitting your pants because of that....pathetic.

Promise me you will re-quote this at 01:00am ( GMT - UTC) in the early hours of Monday morning.  or Sunday night in the US

[edwardspitz]

Anyone else experiencing problems on Bitfinex?

What happens?

There seems to be a big lag. My orders would't execute for a looong time. Looking at the 1 min. chart there was no activity for about 5 minutes. It seems to be fine now.

[mmitech]

in 32 Hours the price according to my sources will be $377   (+/- 5)

yea, your only "source" is being too much invested and shitting your pants because of that....pathetic.

Promise me you will re-quote this at 01:00am ( GMT - UTC) in the early hours of Monday morning.

Promise, Ha ? I don't forget things really easy and I have allot of " I told you so" ammo, I am preparing it for many bull-tards here, so don't worry.