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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370276 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
luckygenough56
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January 11, 2015, 04:43:58 PM

if somone has 120btc do you think he become ever rich?
(this is a serious question)

i have no serious answer
1714567179
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poncho32
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January 11, 2015, 04:45:48 PM

if somone has 120btc do you think he become ever rich?
(this is a serious question)

I don't know and no one else does. Serious answer.

The Winklevoss twins think Bitcoin might be worth $20k to $30k in the future. If they are right someone with 120btc would be worth $2.4 million to $3,6 million. Most people would describe that as rich, except billionaire types.
bad trader
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January 11, 2015, 04:48:12 PM

Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
gentlemand
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January 11, 2015, 04:49:56 PM

Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.

That's assuming that many of the Chinese coins on exchanges are real in the first place.
MoreFun
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January 11, 2015, 04:55:46 PM

Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.

That's assuming that many of the Chinese coins on exchanges are real in the first place.

If they would be real would you lower the price of coins and value of your holding? They just want to buy very cheap and sell very expensive, thats all.
bad trader
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January 11, 2015, 04:56:06 PM

Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
That's assuming that many of the Chinese coins on exchanges are real in the first place.
Well, if they are not real then less coins need to be bought.
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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January 11, 2015, 05:00:06 PM

Bitfinex

Bitstamp

Explanation
cbeast
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Let's talk governance, lipstick, and pigs.


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January 11, 2015, 05:00:16 PM

Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.

That's assuming that many of the Chinese coins on exchanges are real in the first place.
+1
Have any Chinese exchanges been audited?
poncho32
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January 11, 2015, 05:01:31 PM

Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.

That's assuming that many of the Chinese coins on exchanges are real in the first place.

People have posted they are moving from Bitstamp to Chinese exchanges because of the hack. However, can you trust an exchange if you are not certain if the coins it claims to hold exist? I read that's what Mt Gox did.
ShroomsKit
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January 11, 2015, 05:02:12 PM

i will say it : double bottom

The 235th double bottom since 1200.
ShroomsKit
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January 11, 2015, 05:04:12 PM

f*ck this coin

Uh what else do you expect from a pump and dump coin?
ShroomsKit
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January 11, 2015, 05:05:09 PM

When I thought nothing would happens the big dump comes.


Hope we recover because I just bought in the trade simulator game

These dumps have been happening daily for the last 12 months. You expected it to stop today?
mrkavasaki
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January 11, 2015, 05:09:38 PM

todamoon? Cheesy

http://fortune.com/2015/01/09/bitcoin-momentum-2015/
bad trader
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January 11, 2015, 05:15:30 PM

Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
That's assuming that many of the Chinese coins on exchanges are real in the first place.
Well, if they are not real then less coins need to be bought.
Yes... but I really don't trust their audit. No additional info about the audit... only words.
http://www.coindesk.com/okcoin-reveals-btc-reserves-104-chinas-exchanges-undergo-audits/
I meant, buy the coins that arrive on Stamp and Finex whenever China dumps.
octaft
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January 11, 2015, 05:20:22 PM

if somone has 120btc do you think he become ever rich?
(this is a serious question)

I don't know and no one else does. Serious answer.

The Winklevoss twins think Bitcoin might be worth $20k to $30k in the future. are talking their book.

FTFY
qwk
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January 11, 2015, 05:21:57 PM

if somone has 120btc do you think he become ever rich?
The majority of people with 120 BTC today won't ever be rich.

Becoming rich has almost nothing to do with how much you start with.
Most people who had 1000 BTC a couple years ago have a lot less BTC today.
Simply because they sold some of them at $10, $50, $100, $whatever.

Having 120 BTC today won't make you rich unless you're able to hold onto them, which you will only be able to do if you already have the mindset that would make you rich anyhow.
luckygenough56
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January 11, 2015, 05:25:53 PM

most post-bubble bagholders would sell as soon as they can break even if they could  to get out of this mess
NotLambchop
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January 11, 2015, 05:26:59 PM

...
Having 120 BTC today won't make you rich unless you're able to hold onto them dump immediately and invest in something that's not failing as hard as Bitcoin.

Fixed your typo.
molecular
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January 11, 2015, 05:28:47 PM

if somone has 120btc do you think he become ever rich?
The majority of people with 120 BTC today won't ever be rich.

Not those are rich who have much, but those who don't want much.
podyx
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January 11, 2015, 05:31:14 PM

if somone has 120btc do you think he become ever rich?
(this is a serious question)

I don't know and no one else does. Serious answer.

The Winklevoss twins think Bitcoin might be worth $20k to $30k in the future. are talking their book.

FTFY

Kinda obvious that you're bagholding

I understand it's hard kid, but try to BREATHE!
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