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

[DaRude]

If 320 will fall on Finex this will sting a bit  

[1714797826]

1714797826

[1714797826]

1714797826

[Wandererfromthenorth]

If you still were in BTC and you still didn't get out when I showed you the wedge breaking down around $370 I don't know what the hell you were thinking.

[NotLambchop]

...Like the Federal Reserve.

Can't be as bad as BTC, can it?

[oda.krell]

[...]

Next time, go for Beanie Babies.

Bear troll mode on again, huh?

Not that I disagree with what you say, but I do notice a change of tone between above and below...

Then why all the negativity, Torque? It was only created in 2009, and things have been going really well. In 2014 lots of good things have happened, same as in 2011 and 2012, despite (or because? Productivity might actually increase while prices decrease) the price decreases. Hell, look at the valuation of Coinbase at 400 million recently.

Shit's exploding, the price just exploded faster so it had to implode a little. Market always leads the economy.

[Wandererfromthenorth]

I'm scared as a shit.
no drugs in reach.

Gentleman. Experiments was faild

I lol'd hard.

[Cassandra_PR]

Yep.  Seems like just yesterday Bitcoin was still worth something and my warnings went unheeded.  Again

Good morning, comrades!  Remember why we fight--for a brighter tomorrow!

http://s16.postimg.org/mmfawlohh/e15_31111.gif

  ~Cassandra_PR

[mrkavasaki]

Prepare for New lows  

[DaRude]

Well that's one way to stop the dumper. Stop processing blocks  with over 1hr between blocks we should have 6hrs of breathing room before he'll get more coins to BFX

[madmat]

I want to buy some ripple, is there a exchanger without a verify?

So your trading strategy is to sell bitcoins at their lowest and buy ripples at their highest?

Just so you know, the Ripple company has full control over distribution. Like the Federal Reserve.

This is fake. Ripple 50cents trolls are everywhere these days. Just use ignore button.

[noobtrader]

ripple is good if you were bank.. guess what you werent    ar u

[600watt]

322 on stamp





edit:

[mrkavasaki]

At the Moment there are no reasons to hold any BTC  

[madmat]

At the Moment there are no reasons to hold any BTC  

You just try to convince yourself you did the good thing. But when price is low, it is time to buy, not to sell.

[gizmoh]

322 on stamp


ALL IS LOST


edit:

NO YET 

[mrkavasaki]

At the Moment there are no reasons to hold any BTC  

You just try to convince yourself you did the good thing. But when price is low, it is time to buy, not to sell.

And the same  They said at 500..450...350  

[NotLambchop]

322 on stamp





edit:

You see?  Don't you feel somehow more honest once you accept the inevitable?

[JorgeStolfi]

Really looks like that bitcoin failed as an experiment

I think that it is still working as the technical experiment that it was meant to be: a test of whether the PoW/reward/majority protocol would indeed motivate miners to mine, and prevent sabotage of a decentralized ledger.  

Bitcoin was not meant to be a replacement or alternative to credit cards, a sound investment, a way to evade law enforcement, to weaken governments, to turn losers into millionaires, etc..  Others appropriated it and have been trying to redefine it as some or all of these things.

The technical experiment has worked for five years in spite of (not because of) its massive "adoption" by half a million people for those purposes.  From the purely technical point of view, the only problem that has surfaced in these 6 years is the centralization of mining, due to use of specialized chips and economies of scale.   That development was not expected, and may spell its technical failure.

Bitcoin may be failing only for some of the things it was never meant to be used for.

[grappa_barricata]

[Hunyadi]

Really looks like that bitcoin failed as an experiment

I think that it is still working as the technical experiment that it was meant to be: a test of whether the PoW/reward/majority protocol would indeed motivate miners to mine, and prevent sabotage of a decentralized ledger. 

Bitcoin was not meant to be a replacement or alternative to credit cards, a sound investment, a way to evade law enforcement, to weaken governments, to turn losers into millionaires, etc..  Others appropriated it and have been trying to redefine it as some or all of these things.

The technical experiment has worked for five years in spite of (not because of) its massive "adoption" by half a million people for those purposes.  From the purely technical point of view, the only problem that has surfaced in these 6 years is the centralization of mining, due to use of specialized chips and economies of scale.   That development was not expected, and may be technically its failure.

Bitcoin may be failing only for some of the things it was never meant to be used for.

[LFC_Bitcoin]

BTC is dead