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

[hlynur]

Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.

those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)

Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell  

See that's the thing. $1500 isn't profit. BTC is profit. Any fool can make $ in this market, but to increase your share of the limited supply of bitcoin is what will really matter in the end.

I'm sorry but this is extremely short-sighted and worthy of someone with 0 trading knowledge.

We're talking profit here. Even for long bulls, more USD means more BTC. It's as simple as that. Whether you like it or not, he now has 1500 USD worth of extra BTC.

Being a long bull DOES NOT mean you have take every loss that BTC goes through. There will ALWAYS be times when having more USD is the better way to have more BTC.

the question is if he's spending or holding his profit inside the economy to push the growth or if he cashes the fiat out like winning a sportsbet and spending it on hookers' n' blow (or some oth. hedonistic stuff )

funny thing at this point is that pure swarm intelligence based on faith in some new currency will decide if we will see more growth in the market around it or not.
as long as traders don't realize that with possessing bitcoins they have the power in their own hands to build a way for more adaption and bigger marketshare
which results in a more constant uptrend of price, as long will we see the volatility and the bubbles.

imo btc is a stock for an absolutely amazing idea and when you keep its worth inside its own market without cashing it out (unless you need fiat for electricity bills, buys for mining equipment or basic needs)
you can give the whole economy more power to become what it's all about...

...an accepted and stable global crypto-currency backed up by a big marketshare and giving everybody the possiblity to transfer value to any person on any part of the globe.

what's it all about when everybody invested fiat they don't really rely on in the first place?
(despite some true believers that really build the ground for more adaption)

edit: sorry third beer kicked in...aaaand it took 20min to write this ...and I switched into believer-mode during writing  
ergo i can't realize if i wrote nonsense and i stop drunken posting for today and go out drinking more to find out where that bottom is tomorrow.

and i really like that bounce at 70

[Arcas]

Feeling good about my decision to buy USB Miners for 1BTC and resell for about $180 a piece on ebay this past week!

Those puppies would've never gotten you that much.

http://www.ebay.com/sch/i.html?_from=R40&_sacat=0&_nkw=usb+block+erupter&LH_Complete=1&rt=nc

Never underestimate Ebay.

[NewLiberty]

It's all my perception and of course really crazy events aren't included in this scenario, but even with a ban in some countrys it's value won't be zero though.

I agree.  Bitcoin is resilient to law.  It is not resilient from technology.
Any of the largest governments, and even some of the large banks, if they wanted Bitcoin gone, could 51% it.  They could 90% it.  We are a mote.  No mistaking it, we can go to zero.
I am optimistic, I think this will not happen, but I also recognize that it might.

[Arcas]

It's all my perception and of course really crazy events aren't included in this scenario, but even with a ban in some countrys it's value won't be zero though.

I agree.  Bitcoin is resilient to law.  It is not resilient from technology.
Any of the largest governments, and even some of the large banks, if they wanted Bitcoin gone, could 51% it.  They could 90% it.  We are a mote.  No mistaking it, we can go to zero.
I am optimistic, I think this will not happen, but I also recognize that it might.

It will never reach zero, because if it every reaches $.00000000001/BTC, I'll buy them all lol.

[Loozik]

My average buyin was at around 84, if this ship is going down, I will risk drowning and have some smallish bids left at mid 50s.

Worry not 

As from now we'll go to about $120 in 3 weeks time. I hope you like my prediction 

If we end up below 35.. hell.. I'd mobilize quality money for that.

This is very likely to happen in 1 - 1.5 month from now. This is the time left for mobilizing 

[Voodah]

It's all my perception and of course really crazy events aren't included in this scenario, but even with a ban in some countrys it's value won't be zero though.

I agree.  Bitcoin is resilient to law.  It is not resilient from technology.
Any of the largest governments, and even some of the large banks, if they wanted Bitcoin gone, could 51% it.  They could 90% it.  We are a mote.  No mistaking it, we can go to zero.
I am optimistic, I think this will not happen, but I also recognize that it might.

I'm not so sure that would work. After a 51% we would essentially have two chains. An accidental 51% is complicated because everyone has to choose sides or be left out. Here they would assume control of their chain, but no one would want to catch up to that fork. We will all remain in our new btc-2 chain, and ignore the gov' controlled one.

At least that's how I understand it would go, but I'm no expert. Any blockchain guru out there can confirm?

[Walsoraj]

stop lying: bears.

Now is the time to BUY. Only time for that is when blood is everywhere, like now. Perfect.

I plan to unload mult-million in buys. Larger orders than seen ever before. Keep an eye or two (or three if alien) on moodys.

Join me in bloodbath, help make the grass (green candles) grow.

[BitcoinAshley]

You know what would be great? If campbx wouldn't SUCK ASS and come back online!

I am getting a shit ton of Coin orders now that the price is dropping and I would love to cash out and buy back low, but no Campbx is terrible and is down constantly.

Sorry needed to vent!

That's why you keep coins on 3-4 different exchanges.

CampBX shuts down? No problem! 75% of my trading stash is still accessible. Comes back online? Great, now I have 100% again! Sure, trading on multiple exchanges sucks... until one of them goes down and them you remember why you put up with that... It's annoying until some major price move then you find yourself unable to do ANYTHING, just sitting there watching the ticker with your jaw dropping as you lose 10%, 20%, 30% of your investment.

You still only really need to deposit fiat to one exchange. You can get "fiat" on any other exchange by transfering coins there and selling. See, even with BTC at $5.00 you can still use it to transfer $10,000 from Virwox to Bitstamp to manage the risk of too much fiat on one exchange. Cool beans.

[Walsoraj]

You know what would be great? If campbx wouldn't SUCK ASS and come back online!

I am getting a shit ton of Coin orders now that the price is dropping and I would love to cash out and buy back low, but no Campbx is terrible and is down constantly.

Sorry needed to vent!

That's why you keep coins on 3-4 different exchanges.

CampBX shuts down? No problem! 75% of my trading stash is still accessible. Comes back online? Great, now I have 100% again! Sure, trading on multiple exchanges sucks... until one of them goes down and them you remember why you put up with that...

You still only really need to deposit fiat to one exchange. You can get "fiat" on any other exchange by transfering coins there and selling. See, even with BTC at $5.00 you can still use it to transfer $10,000 from Virwox to Bitstamp to manage the risk of too much fiat on one exchange. Cool beans.

Fiat is stinky beans imho. I plan to unload massive USD realllll soon.

[Rampion]

stop lying: bears.

Now is the time to BUY. Only time for that is when blood is everywhere, like now. Perfect.

I plan to unload mult-million in buys. Larger orders than seen ever before. Keep an eye or two (or three if alien) on moodys.

Join me in bloodbath, help make the grass (green candles) grow.

A bullish Jaroslaw during a bubble deflation, that's going to be hard to perform, man!

[justusranvier]

Fiat is stinky beans imho. I plan to unload massive USD realllll soon.

Obvious troll is obvious.

[Walsoraj]

stop lying: bears.

Now is the time to BUY. Only time for that is when blood is everywhere, like now. Perfect.

I plan to unload mult-million in buys. Larger orders than seen ever before. Keep an eye or two (or three if alien) on moodys.

Join me in bloodbath, help make the grass (green candles) grow.

A bullish Jaroslaw during a bubble deflation, that's going to be hard to perform, man!

First, i am not Jaro-tard. nothing alike. Second, my policies are fundamentally dif. Time (massive quantity of posts) will show/prove this.

[Walsoraj]

Fiat is stinky beans imho. I plan to unload massive USD realllll soon.

Obvious troll is obvious.

Let me presume that you refer to "Jaroslaw." Yes I agree, if that is your intention.

Otherwise, you need a attitude adjustment. Stop the insults/accusations for little/no reason.

[xorglub]

Fiat is stinky beans imho. I plan to unload massive USD realllll soon.

Obvious troll is obvious.

Trolls keep trollin'... Been quite bullish on my ignore list's length lately and no sign of reversal yet !

[Spaceman_Spiff]

You still only really need to deposit fiat to one exchange. You can get "fiat" on any other exchange by transfering coins there and selling. See, even with BTC at $5.00 you can still use it to transfer $10,000 from Virwox to Bitstamp to manage the risk of too much fiat on one exchange. Cool beans.

Indeed, bitcoin is by far the nicest way to transfer money  .

[hyphymikey]

For me, trollish behavior is a variable in my market sentiment equation. It shows desparation or want of particular reaction. I haven't ignored a member yet, I mean why would I?

On another note. COME ON 50!
I would exchange some fiat for ~ $50 coins.

[ChartBuddy]

[samson]

LOL

Edit : Changed date !

[Walsoraj]

LOL

Edit : Changed date !

Don't fret, i plan on reversing recent trends. At present, moving some funds around w/ finger resting on BUY-BTC button.

[seleme]

that's jaroslaw, he bought back, now wants the price to go up.

Sucker, didn't have balls to wait more