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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21331764 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. (104 posts by 20 users deleted.)
billyjoeallen
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January 12, 2015, 01:12:06 AM




So no 200$ Bottom prediction, just this pattern to no end?

The pattern repeats, but it gets flatter each time. It is my hope that by exposing it, there will be so much demand for coins to front-run the pattern that we can stop it, but eventually it has to stop anyway as diminishing returns will have to yield to fundamentals at some point.

We can beat them by joining them and then defecting from the cartel at the most opportune time. This will be on the retest of whatever the new low will be in the low low $200s (AFTER the next cycle).  An extremely rich person can do it now on the retest of $255 support, but I don't have anywhere close to enough clout to even attempt it myself.
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JimboToronto
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January 12, 2015, 01:18:28 AM

...
I try to maintain a balanced outlook, but permabears can be so ridiculous I have to laugh at them.

If permabulls were anywhere near as foolish, I'd laugh at them too.

-Same tired old out-of-context quote from last spring-

Was this book talk?

More like prevailing sentiment at that time.

Kinda like the currently accepted "wisdom" that Bitcoin is destined to fall to double or single digits.

Time will tell.
_______

Trollchop knows I have her on ignore so I can only guess at her feeble attempts to discredit my posts. The fact that she posted this old crap yet again speaks volumes.

Does she still post thorazine ads and make references to incontinence?

LOL Absolutely pathetic.

 Roll Eyes
Richy_T
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January 12, 2015, 01:20:15 AM

Yeah. Would say that many are mining with loss by now. They simply mine and hold hopping the price will go back up.

That would be silly. It would be better to switch off their equipment and buy bitcoin at that point (and arguably better just to switch off their equipment)

If you rent space to run the equipment or pay for a hosting service, that might not be a good option.

Sure, there is an inertia to it.
BlindMayorBitcorn
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January 12, 2015, 01:26:30 AM

...
I try to maintain a balanced outlook, but permabears can be so ridiculous I have to laugh at them.

If permabulls were anywhere near as foolish, I'd laugh at them too.

-Same tired old out-of-context quote from last spring-

Was this book talk?

More like prevailing sentiment at that time.

Kinda like the currently accepted "wisdom" that Bitcoin is destined to fall to double or single digits.

Time will tell.
_______

Trollchop knows I have her on ignore so I can only guess at her feeble attempts to discredit my posts. The fact that she posted this old crap yet again speaks volumes.

Does she still post thorazine ads and make references to incontinence?

LOL Absolutely pathetic.

 Roll Eyes

Not sure about NLC but there is a small army of Ripple shills now. I bet they pay their trolls in BTC Wink
Fatman3001
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January 12, 2015, 01:30:51 AM

Nice little chart if you want to explain Bitcoin to anyone.


http://www.economist.com/blogs/graphicdetail/2015/01/daily-chart-3
BlindMayorBitcorn
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January 12, 2015, 01:35:43 AM

Nice little chart if you want to explain Bitcoin to anyone.


http://www.economist.com/blogs/graphicdetail/2015/01/daily-chart-3

I'd suggest waiting until it bottoms before trying to explain it to anyone...

We are the pioneers destined for these arrows Embarrassed
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January 12, 2015, 02:00:06 AM

Bitfinex

Bitstamp

Explanation
JimboToronto
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January 12, 2015, 02:03:28 AM

Not sure about NLC but there is a small army of Ripple shills now. I bet they pay their trolls in BTC Wink

Let's see. At $268 per bitcoin, fifty cents works out to about 186,567 satoshis.



Nose to the grindstone.

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DaRude
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January 12, 2015, 02:11:58 AM

Yeah. Would say that many are mining with loss by now. They simply mine and hold hopping the price will go back up.

That would be silly. It would be better to switch off their equipment and buy bitcoin at that point (and arguably better just to switch off their equipment)

Not if you bought your equipment which is a sunk cost. At which point you already down on your investment and just keep running as long as cost of electricity < mined BTC.
Christ is King
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January 12, 2015, 02:46:30 AM

Price is back over $270! Praise the Lord!
Searing
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Clueless!


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January 12, 2015, 02:48:02 AM

Price is back over $270! Praise the Lord!

bet you never expected to say now as of 1 year ago at this date....(sob! it hurts)

NotHatinJustTrollin
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January 12, 2015, 02:54:29 AM

Price is back over $270! Praise the Lord!
By the seventh day God Satoshi had finished the work he had been doing; so on the seventh day he mined the glorious genesis block and instamined the shit out of bitcoin.

Praise him, my brothers and sisters, our divine Lord still hasn't dumped his coins (yet)!


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January 12, 2015, 03:00:04 AM

Bitfinex

Bitstamp

Explanation
marcus_of_augustus
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January 12, 2015, 03:04:50 AM

just the beartrolls and chart buddy ... pigs in swamp.
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January 12, 2015, 03:06:55 AM

I have a feeling deep in my soul that this is the bottom of the downtrend and we will now begin another glorious rise in price action. Please just have faith, and avoid negative thoughts!
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January 12, 2015, 03:08:00 AM

Price is back over $270! Praise the Lord!

John 2:15

 Undecided
JimboToronto
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January 12, 2015, 03:18:39 AM

just the beartrolls and chart buddy ... pigs in swamp.

Chartbuddy is the main reason I keep coming back here. The silver lining to the Stamp hack fiasco is that Richy now includes Finex.

As for the 50 cent beartroll army, it's best to treat them as a source of humor, albeit the lowest form of humor.
cbeast
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Let's talk governance, lipstick, and pigs.


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January 12, 2015, 03:37:50 AM

Price is back over $270! Praise the Lord!

John 2:15

 Undecided
Indeed.
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January 12, 2015, 03:39:15 AM

Price is back over $270! Praise the Lord!

John 2:15

 Undecided


Now is back to sub 270. Nowhere but down.

(if you can't win them...)
cbeast
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Let's talk governance, lipstick, and pigs.


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January 12, 2015, 03:43:20 AM

Price is back over $270! Praise the Lord!

John 2:15

 Undecided


Now is back to sub 270. Nowhere but down.

(if you can't win them...)
Thank God someone is buying worthless fiat.
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