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

[Sitarow]

[inca]

Someone trying hard to keep bitcoin down on bitfinex.

Must. Keep. Below. 270!

[ChartBuddy]

Coin
Explanation

[Fatman3001]

Someone trying hard to keep bitcoin down on bitfinex.

Must. Keep. Below. 270!

But when they let go...

[Mervyn_Pumpkinhead]

People are making money with altcoins, while you're just sitting here with your bags full of bitcoins, praying for a 2% rise.
Slow people will always be slow. They were slow to discover bitcoin and they're too slow to jump ship when needed. I personally don't recommend financial speculation to people who are slow. There are more suitable ways for slow people to make money.

[tarmi]

yeap, kinda sad to watch all those bitcoin trolls waiting for a 10 % rise while litecoin is up like 500 %.

 

[gizmoh]

People are making money with altcoins, while you're just sitting here with your bags full of bitcoins, praying for a 2% rise.
Slow people will always be slow. They were slow to discover bitcoin and they're too slow to jump ship when needed. I personally don't recommend financial speculation to people who are slow. There are more suitable ways for slow people to make money.

When LTC et al. start losing 30-50% in a day, people will lose it all and regret playing altcoins with no bid depth. Its a double Edge sword  ..

[Spaceman_Spiff]

People are making money with altcoins, while you're just sitting here with your bags full of bitcoins, praying for a 2% rise.
Slow people will always be slow. They were slow to discover bitcoin and they're too slow to jump ship when needed. I personally don't recommend financial speculation to people who are slow. There are more suitable ways for slow people to make money.

Looking for bagholders to unload?

[Dalmar]

Bitcoin craze in rural China:

http://video.cnbc.com/gallery/?video=3000387408

Signs of a top?  

OUCH! That was painful to watch ...

You were right, couple of weeks later and the top was obviously in when these dumb farmers started speculating in China's stock market (around June 10th).

They got REKKED.

[Dilla]

Hmm to buy litecoin or buy more Bitcoin....

[Support81WorldWide]

So I figured I'd check on old Wall posts around June 11 before the price started moving up (around $230).

Most of the talk was about how boring the price was but this was interesting:
https://mobile.twitter.com/maxkeiser/status/608999235149692929

"I think I have convinced Russia that Bitcoin is equivalent to Gold and that CBR (Central Bank of Russia) should be loading up on BTC." -Max Keiser


Though I have no respect for the Keiser. I wonder if there is some truth to this.

Very interesting. I wonder.

[aztecminer]

i missed that rise to 274 .. i'm not sure what to do yet anyways. its dangerous out there right now.

Buy some litecoins.... a month ago.

i will need more bitcoins to trade with to start trading litecoin. i would do it though. however i am going to keep the bitcoins i am going to trade with.. right now my buy for bitcoins is 250 or below. therefore it is likely that i will not trade the litecoin halving ... and anyways you might not want me to buy litecoins because it might crash .

[aztecminer]

i missed that rise to 274 .. i'm not sure what to do yet anyways. its dangerous out there right now.

Buy some litecoins.... a month ago.

Well, I just accidentally bought 0.8 LTC now... What do I do!?

panic. lol.

[TerraMaster]

With Greece broke and no economy, and Chinas stock market crashing... is this all good or bad for bitcoin? so confusing  

[Cconvert2G36]

yeap, kinda sad to watch all those bitcoin trolls waiting for a 10 % rise while litecoin is up like 500 %.

 

that's because you arent any different from others bull scam a-holes.

consider me shorting ltc a "voice of reason".

If it's sad being up $50 in a month on btc... what does it make the dude who shorted at $235 and then decided to short the arising chickun?

[Dalmar]

With Greece broke and no economy, and Chinas stock market crashing... is this all good or bad for bitcoin? so confusing  

Gold and silver are getting dumped. Bond yields are stable, there is no true fear yet.

[JimboToronto]

Good morning Bitcoinland. Still scrapping around $270 I see.

Looks like the $250s are gone but I think we're still gonna tarry a while longer in the $265-$275 range before we surge past $280 and possibly $290 before sustaining over $270.

In the meantime, it's a lovely little dance.

[Alley]

It's going to get crazy a couple months before bitcoin halving if litecoin is any indication.  I mean litecoin has no infrastructure and no real purpose.  I'm shocked at a $6 litecoin.

[Support81WorldWide]

It's going to get crazy a couple months before bitcoin halving if litecoin is any indication.  I mean litecoin has no infrastructure and no real purpose.  I'm shocked at a $6 litecoin.

exactly ...makes 0 sense...


BITCOIN HAS BEEN HIT BY A DOUBLE SPENDING BUG?


Can someone PLEASE explain to me the significance of this ....there is also a warning on www.bitcoin.org


https://bitcoin.org/en/alert/2015-07-04-spv-mining


http://www.itproportal.com/2015/07/07/bitcoin-hit-with-double-spending-bug/

[Dalmar]

It's going to get crazy a couple months before bitcoin halving if litecoin is any indication.  I mean litecoin has no infrastructure and no real purpose.  I'm shocked at a $6 litecoin.

This dumb coin was worth over $30 at one point, only getting back to $6 is actually not impressive.