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

[Eamorr]

Blood in the streets.
Is anybody going to buy?
I'm a lot of $ down but would anybody recommend buying now?

It's nothing but a gut call. If you're gonna stay long, no better time than this. If you're gonna short, wait a bit.

I would love to do a couple of shorts: $100, $50, all the way down to sub-$10.

However, I don't trust any exchange to honour such a short. There's blood on the streets now. There'll be tears of blood at sub-$100.

[1714472351]

1714472351

[Eamorr]

Blood in the streets.
Is anybody going to buy?
I'm a lot of $ down but would anybody recommend buying now?

I've been looking at these chart patterns for years and this is not a trend reversal pattern. It may go up a little but then another wave of selling will bring it back.

I agree.

[NotLambchop]

When/where will we stabilize?

[fonsie]

fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.

More than bitcoin can ever do

only an idiot lets their credit card get hacked ... and your credit card fees include costs for all the other idiots who let their cards get hacked and the idiot companies that 'secure' all the massive credit card databases ... basically its a bog hack system that costs a lot of of money to keep patching up

secure bitcoin properly and it never gets hacked and you never pay more than you have to, or paying for others incompetence.

PS: you're credit card was basically worthless last time i looked anyway  

Edit: take Bitstamp as an example when it comes to security, if they cant secure their exchange how do you expect a normal user to do so ?

Bitcoin is redefining the security measures in IT, when a single file is so important and critical, it is really dangerous for the masses at this point, we need to put more effort to make it secure, user friendly, tweaked for larger adoption and especially regulated so the scums and crooks don't find a heaven in it.

ok thanks for that, before i had just wondered, now i definitely know that you are a simple lightweight roll.

not worth bothering with, have fun in your safe little pond camel rider

The more I talk to people like you the more I love my camel.

BTW: that picture in my profile is a piece of historical art...not that you really know what art or who Etienne dinet is

Art, Beanie Babies, Bitcoins, it's all the same, just a bunch of stuff that cultists like to collect, except art and beanie babies have no use case. Collecting art is even more stupid than collecting bitcoins.

[Taras]

"holy shit"

- wise words from Taras

[NotLambchop]

...
Art, Beanie Babies, Bitcoins, it's all the same, just a bunch of stuff that cultists like to collect, except art and beanie babies have no use case. Collecting art is even more stupid than collecting bitcoins.

Beanies:  Soft and snuggly.
Art:        That's what separates man from swine.
Bitcoin:   Wastes electricity to make libertards feel special.

[mmitech]

fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.

More than bitcoin can ever do

only an idiot lets their credit card get hacked ... and your credit card fees include costs for all the other idiots who let their cards get hacked and the idiot companies that 'secure' all the massive credit card databases ... basically its a bog hack system that costs a lot of of money to keep patching up

secure bitcoin properly and it never gets hacked and you never pay more than you have to, or paying for others incompetence.

PS: you're credit card was basically worthless last time i looked anyway  

Edit: take Bitstamp as an example when it comes to security, if they cant secure their exchange how do you expect a normal user to do so ?

Bitcoin is redefining the security measures in IT, when a single file is so important and critical, it is really dangerous for the masses at this point, we need to put more effort to make it secure, user friendly, tweaked for larger adoption and especially regulated so the scums and crooks don't find a heaven in it.

ok thanks for that, before i had just wondered, now i definitely know that you are a simple lightweight roll.

not worth bothering with, have fun in your safe little pond camel rider

The more I talk to people like you the more I love my camel.

BTW: that picture in my profile is a piece of historical art...not that you really know what art or who Etienne dinet is

Art, Beanie Babies, Bitcoins, it's all the same, just a bunch of stuff that cultists like to collect, except art and beanie babies have no use case. Collecting art is even more stupid than collecting bitcoins.

Collecting art...you think I own one of these pieces ? LOL, only in my dreams, these pictures has a historical and emotional effect on me, I would be really lucky to hang one of these in my living room.

[cipherking]

Art, Beanie Babies, Bitcoins, it's all the same, just a bunch of stuff that cultists like to collect, except art and beanie babies have no use case. Collecting art is even more stupid than collecting bitcoins.

I love to collect women's shoes, blown out birthday candles, and mattress tags. Now I am wanting to collect altcoins.

[joesmoe2012]

Its the begining of a new time in BTC.

[fichtn12345]

fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.

More than bitcoin can ever do

only an idiot lets their credit card get hacked ... and your credit card fees include costs for all the other idiots who let their cards get hacked and the idiot companies that 'secure' all the massive credit card databases ... basically its a bog hack system that costs a lot of of money to keep patching up

secure bitcoin properly and it never gets hacked and you never pay more than you have to, or paying for others incompetence.

PS: you're credit card was basically worthless last time i looked anyway  

Edit: take Bitstamp as an example when it comes to security, if they cant secure their exchange how do you expect a normal user to do so ?

Bitcoin is redefining the security measures in IT, when a single file is so important and critical, it is really dangerous for the masses at this point, we need to put more effort to make it secure, user friendly, tweaked for larger adoption and especially regulated so the scums and crooks don't find a heaven in it.

ok thanks for that, before i had just wondered, now i definitely know that you are a simple lightweight roll.

not worth bothering with, have fun in your safe little pond camel rider

The more I talk to people like you the more I love my camel.

BTW: that picture in my profile is a piece of historical art...not that you really know what art or who Etienne dinet is

Art, Beanie Babies, Bitcoins, it's all the same, just a bunch of stuff that cultists like to collect, except art and beanie babies have no use case. Collecting art is even more stupid than collecting bitcoins.

lol,  you are probably just not rich enough to even consider collecting art. do you really think people who buy picassos are stupid?

[HarmonLi]

This is how the people back in September 2011 must have felt like... Phew... Can't really make up my mind about what to do now. Just hold I guess... It's too late to do anything about it now and thus I will ride it to the end.

[fonsie]

fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.

More than bitcoin can ever do

only an idiot lets their credit card get hacked ... and your credit card fees include costs for all the other idiots who let their cards get hacked and the idiot companies that 'secure' all the massive credit card databases ... basically its a bog hack system that costs a lot of of money to keep patching up

secure bitcoin properly and it never gets hacked and you never pay more than you have to, or paying for others incompetence.

PS: you're credit card was basically worthless last time i looked anyway  

Edit: take Bitstamp as an example when it comes to security, if they cant secure their exchange how do you expect a normal user to do so ?

Bitcoin is redefining the security measures in IT, when a single file is so important and critical, it is really dangerous for the masses at this point, we need to put more effort to make it secure, user friendly, tweaked for larger adoption and especially regulated so the scums and crooks don't find a heaven in it.

ok thanks for that, before i had just wondered, now i definitely know that you are a simple lightweight roll.

not worth bothering with, have fun in your safe little pond camel rider

The more I talk to people like you the more I love my camel.

BTW: that picture in my profile is a piece of historical art...not that you really know what art or who Etienne dinet is

Art, Beanie Babies, Bitcoins, it's all the same, just a bunch of stuff that cultists like to collect, except art and beanie babies have no use case. Collecting art is even more stupid than collecting bitcoins.

lol,  you are probably just not rich enough to even consider collecting art. do you really think people who buy picassos are stupid?

Wow, by your analogy trolls are poor and bulls are smart.

PS: I don't think that people who collect picassos are stupid, I think it's stupid, but I won't go trolling on an art forum.

[Warren Buffett]

We are not in 2011.
It's not the same

Boy, what a compelling argument. I guess we can throw all of technical analysis into the trash, seeing as how the present is never at any point of the past.

Yes, we can, and we should.

 "I realized technical analysis didn't work when I turned the charts upside down and didn't get a different answer" - Warren Buffett

[JamesBrown]

Looks like we're climbing slowly again

It still has trouble getting past that 450/2700 wall for some reason. It's such a tiny amount but it's stopping us for several days now.

Edit. China lost the battle again. I guess Gox will follow with just 700 coins from 450

this might just be a pull back. hold your coins and wait for it to rise

I'm holding forever

Some time ago
Maybe this should be my signature

[dakota neat]

Buy when nobody's buying.

[Jammalan the Prophet]

Buy when nobody's buying.

like at 1200?

[ajaak]

We are not in 2011.
It's not the same

Boy, what a compelling argument. I guess we can throw all of technical analysis into the trash, seeing as how the present is never at any point of the past.

Yes, we can, and we should.

 "I realized technical analysis didn't work when I turned the charts upside down and didn't get a different answer" - Warren Buffett

nicely put!

[Torque]

Blood in the streets.
Is anybody going to buy?
I'm a lot of $ down but would anybody recommend buying now?

I've been looking at these chart patterns for years and this is not a trend reversal pattern. It may go up a little but then another wave of selling will bring it back.

Of course the opposite strategy may work: nobody (myself included) thinks this is a good time to buy, which is why it may be.

Well, I'm not sure that a trend reversal is going to happen anymore like it did back in the day, with a sharp high volume bounce and then sudden steady buying.  It could end up being a drift sideways and slightly up for months that finally signals that was the bottom.  Or no reversal at all, just sideways drift for months.

Another thing that has gone on with this downturn is the length of time, the longest in Bitcoin history.  After 14 months of down, even the hardcore bulls are skittish to start buying again.

[Silverspoon]

...
do you really think people who buy picassos are stupid?

Well some people try to pick up girls
And get called assholes
This never happened to Pablo Picasso
He could walk down your street
And girls could not resist his stare
Consequently, Pablo Picasso was never called an asshole

Well the girls would turn the color
Of the avocado when he would drive
Down their street in his El Dorado
He could roll down the street
And girls could not resist his stare
Pablo Picasso never got called an asshole
Not like you
Alright

[bigdave]

Its the begining of a new time in BTC.

The end?