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

[podyx]

^
LOL

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[Eamorr]

I was hoping for a quiet weekend. Now this.

[Wekkel]

I was hoping for a quiet weekend. Now this.

Nothing happened yet except for the pump which is MIA.

[Eamorr]

I was hoping for a quiet weekend. Now this.

Nothing happened yet except for the pump which is MIA.

Yes. But now I have to keep an eye on it.

[bizz]

I'm 100% sure now world is entering deflation. If central bankers decide to fight it with printing for inflation it will probably cause worldwide hyperinflation. Anyway BTC is going down before going up. There's no place to hide right now. Fun times ahead.

Oil, EURO, CHF ... big moves. It's like a domino.

[RD965]

I was hoping for a quiet weekend. Now this.

Nothing happened yet except for the pump which is MIA.

Yes. But now I have to keep an eye on it.

Just wait were going to retest those lows  

[ShroomsKit]

I'm 100% sure now world is entering deflation. If central bankers decide to fight it with printing for inflation it will probably cause worldwide hyperinflation. Anyway BTC is going down before going up. There's no place to hide right now. Fun times ahead.

Oil, EURO, CHF ... big moves. It's like a domino.

Because if we go down first we will magically go up after.

1 of the many Bitcoin myths.

[bizz]

I'm 100% sure now world is entering deflation. If central bankers decide to fight it with printing for inflation it will probably cause worldwide hyperinflation. Anyway BTC is going down before going up. There's no place to hide right now. Fun times ahead.

Oil, EURO, CHF ... big moves. It's like a domino.

Because if we go down first we will magically go up after.

1 of the many Bitcoin myths.

Like I said there's no place to hide. If BTC continues down it is always possible it will never recover or something will replace it.

[Wekkel]

The question is whether BTC will suffer from the deflation tendencies in the markets (on top of the current bear market that needs more time to resolve). I think the effect is limited, primarily because BTC is not an investment class (yet) but a gimmick for enthusiasts and speculators.

[fonsie]

I feel sad for you pathetic bulls. Waiting for a fat fuck to release some info just so you can all find a justification to buy this failed abomination called bitcoin.
 
Oh, oh! he he! bwahaha! ughuuhuh rofl haha lmfao! hihi! i know that 2 digits will come. The only question is when, because usually the level of hopium in the organism is pretty god damn high. There are scammy shitcoins out there (eg. Cloakcoin) that were pumped and dumped half a century ago and you can still see bagholders being active and posting cosmic photos of moons and rockets.

Don't worry, i'll keep shorting this future MySpace of the crypto world (oh, wait, at least myspace had some success) and i will have the fun of my life watching these shitty traders decapitating their profits every couple of days and forced in the end to live in shoe boxes at the periphery of some favela.



I'll be here to hand out the tissues, you delusional fucks.

Nice place you've got there... Where's your IT equipment?

[heartastack]

I feel sad for you pathetic bulls. Waiting for a fat fuck to release some info just so you can all find a justification to buy this failed abomination called bitcoin.
 
Oh, oh! he he! bwahaha! ughuuhuh rofl haha lmfao! hihi! i know that 2 digits will come. The only question is when, because usually the level of hopium in the organism is pretty god damn high. There are scammy shitcoins out there (eg. Cloakcoin) that were pumped and dumped half a century ago and you can still see bagholders being active and posting cosmic photos of moons and rockets.

Don't worry, i'll keep shorting this future MySpace of the crypto world (oh, wait, at least myspace had some success) and i will have the fun of my life watching these shitty traders decapitating their profits every couple of days and forced in the end to live in shoe boxes at the periphery of some favela.



I'll be here to hand out the tissues, you delusional fucks.

Nice place you've got there... Where's your IT equipment?

Nice jacket, looks like he's been spending big on his profits on a hedonistic lifestyle and forgot to work on the house. Common with nu-money people.

[bizz]

The question is whether BTC will suffer from the deflation tendencies in the markets (on top of the current bear market that needs more time to resolve). I think the effect is limited, primarily because BTC is not an investment class (yet) but a gimmick for enthusiasts and speculators.

Well BTC is inflationary (10% I think?) in a deflationary environment. It has no chance right now.

[Wekkel]

The question is whether BTC will suffer from the deflation tendencies in the markets (on top of the current bear market that needs more time to resolve). I think the effect is limited, primarily because BTC is not an investment class (yet) but a gimmick for enthusiasts and speculators.

Well BTC is inflationary (10% I think?) in a deflationary environment. It has no chance right now.

Unless adoption grows (10% inflation means nothing then), but I don't see adoption growing in this bear market. I.e., more time for devs and investors to work on infrastructure and more cheap coins coming.

[razorramon]

looks like we are going for the triple bottom ...maybe lower

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[Thomas-s]

http://www.coindesk.com/bitcoin-miner-zeushash-faces-cloud-service-shutdown/
This is actually good news™.

[luckygenough56]

there is no such thing as bitcoin adoption, just geeks and traders selling their ponzi mascot to the naive crowd.

Normal people, who have other problems in life than worrying about the value of their money or their hard-drive crashing each day, will always use something stable and trusted as a currency, thus they don't give a single f*ck.

The only mother that you'll ever see in bitcoin land is the mother of bulltrap and she'll spank you hard for using your pocket money in some magic internet beans.

[NotHatinJustTrollin]

there is no such thing as bitcoin adoption, just geeks and traders selling their ponzi mascot to the naive crowd.

Normal people, who have other problems in life than worrying about the value of their money or their hard-drive crashing each day, will always use something stable and trusted as a currency, thus they don't give a single f*ck.

The only mother that you'll ever see in bitcoin land is the mother of bulltrap and she'll spank you hard for using your pocket money in some magic internet beans.

I fucking lol'd hard 
Well done Sir.

[luckygenough56]

http://www.coindesk.com/bitcoin-miner-zeushash-faces-cloud-service-shutdown/
This is actually good news™.

Without mining industry dark forces, and their skilled traders associates, who did manipulate and sustain bitcoin price as long as possible with bots and walls, to squeeze the most out of this juicy lemon, bitcoin would be down to 2 digits long ago. Let alone going to 1000 in the first place.