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

[JayJuanGee]

I second this.

This Frost guy is the leader of the new left behind movement.  Went full fiat then it rose to $320 and he's like...this is bullshit!  It can't go up anymore, I'm going to wait till it drops to $280.  Then it goes to $500, then drops back to $320 again and he still doesn't buy.  Now it's about to go past $500 and he's still waiting to "buy the $280 dip".

There quite a few of these "wait and see" types, who will likely enmasse be chasing the train between $700 and $5,000 in their disbeliefs but wanting to join in


I can understand hesitancy to some extent, but I have been like a broken record to a lot of these types to suggest to them over and over and over to at east invest a little bit, like $20 per week or even $20 per month, which would have been helpful in acquiring at least 1 BTC and maybe even 2 or 3 BTC...

We can only hold hands so much before we just gotta leave them be with their too much delayed and ultimate inaction.

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[adaseb]

What the hell is going on with Bitfinex?

Are they hacked or something?

[Richy_T]

It's rather clear this thing is a hoax. Don't ask me the intentions behind it but this egomaniac couldn't possibly be Satoshi.

Nice to have something to agree with you on

[JayJuanGee]

might go back to 320.

I hope that you are not waiting for such a price drop before you buy.   

If he is like me, he probably does. I won't buy back over $300.

Under the current state of the reality of the BTC space, it seems like you are going to be waiting a long fucking time... and seems pretty likely that you may not be buying BTC at all if you are stupid and/or stubborn enough to be good for your word.

You may not have noticed that the past couple of years have been the product of a real (not imaginary) forced suppression of BTC's price and potential  - and BTC's upcoming price rise, after such forced suppression could become quite violent and explosive (and NOT in the downward direction).

[suda123]

might go back to 320.

I hope that you are not waiting for such a price drop before you buy.   

If he is like me, he probably does. I won't buy back over $300.

Under the current state of the reality of the BTC space, it seems like you are going to be waiting a long fucking time... and seems pretty likely that you may not be buying BTC at all if you are stupid and/or stubborn enough to be good for your word.

You may not have noticed that the past couple of years have been the product of a real (not imaginary) forced suppression of BTC's price and potential  - and BTC's upcoming price rise, after such forced suppression could become quite violent and explosive (and NOT in the downward direction).

No actually if you ignore the mt.gox pump you can see the S curve forming, all the pumps are trying to hide that steady upward trend from what I noticed.

[JayJuanGee]

It's rather clear this thing is a hoax. Don't ask me the intentions behind it but this egomaniac couldn't possibly be Satoshi.

Nice to have something to agree with you on

Don't leave Richy_T.... neither you nor your companion....

I may not agree with your various libertarian outbursts, but many times you have solid contributions to our discussion herein, even sometimes when you incorporate a libertarian twist.   

[MNDan]

All in at 420!

[JayJuanGee]

might go back to 320.

I hope that you are not waiting for such a price drop before you buy.   

If he is like me, he probably does. I won't buy back over $300.

Under the current state of the reality of the BTC space, it seems like you are going to be waiting a long fucking time... and seems pretty likely that you may not be buying BTC at all if you are stupid and/or stubborn enough to be good for your word.

You may not have noticed that the past couple of years have been the product of a real (not imaginary) forced suppression of BTC's price and potential  - and BTC's upcoming price rise, after such forced suppression could become quite violent and explosive (and NOT in the downward direction).

No actually if you ignore the mt.gox pump you can see the S curve forming, all the pumps are trying to hide that steady upward trend from what I noticed.

Are you suggesting that in any time in the near future BTC prices are going to slump back below $350?   I am having my doubts at the moment, even though I understand that nearly anything is possible in bitcoinlandia.... in other words we going upward.. not downward... maybe $500-$600 range in the near-term?

[marcus_of_augustus]

obligatory FOMO pic for the CCMOFOS

[gentlemand]

And here's why it pays to stay under the radar, kids - http://www.theguardian.com/technology/2015/dec/09/bitcoin-founder-craig-wrights-home-raided-by-australian-police

[JorgeStolfi]

Well if this guy was really Satoshi, the email sent to dev mailing list rejecting BIP 101 was legit. He already stated his opinion.

He tweeted that, on his supercomputer, he had tested bitcoin up to 340 GB (yes, GB) blocks.  Yet he defended keeping the 1 MB limit?  I seem to perceive a slight discrepancy somewhere in there...

BTW he claimed to have lost quite a few bitcoins in MtGOX, enough to cause  bankrutcy of his Hotwire company (p.28)

[suda123]

might go back to 320.

I hope that you are not waiting for such a price drop before you buy.   

If he is like me, he probably does. I won't buy back over $300.

Under the current state of the reality of the BTC space, it seems like you are going to be waiting a long fucking time... and seems pretty likely that you may not be buying BTC at all if you are stupid and/or stubborn enough to be good for your word.

You may not have noticed that the past couple of years have been the product of a real (not imaginary) forced suppression of BTC's price and potential  - and BTC's upcoming price rise, after such forced suppression could become quite violent and explosive (and NOT in the downward direction).

No actually if you ignore the mt.gox pump you can see the S curve forming, all the pumps are trying to hide that steady upward trend from what I noticed.

Are you suggesting that in any time in the near future BTC prices are going to slump back below $350?   I am having my doubts at the moment, even though I understand that nearly anything is possible in bitcoinlandia.... in other words we going upward.. not downward... maybe $500-$600 range in the near-term?

*I understand that nearly anything is possible in bitcoinlandia*

good point

[suda123]

And here's why it pays to stay under the radar, kids - http://www.theguardian.com/technology/2015/dec/09/bitcoin-founder-craig-wrights-home-raided-by-australian-police

haha this is a wake up call and great representation of how to prepare ourselves.

[ChartBuddy]

Coin



Explanation

[peonminer]

And here's why it pays to stay under the radar, kids - http://www.theguardian.com/technology/2015/dec/09/bitcoin-founder-craig-wrights-home-raided-by-australian-police

HFS

BULLISH AF

Says it's in regards to taxes, 'unrelated to the fact he may be Satoshi Nakamoto, creator of BTCitcoin'. BullFkinShit. Of course big brother wants their chunk of your $461,000,000.00 in BTCitcoin you have locked away. Those grubby white mits will be going through his house with a fine tooth comb. I highly doubt they will get their hands on the coinage. He may not even be SN. Didn't SN supposedly lock them up with a trustee, anyway?

[JayJuanGee]

And here's why it pays to stay under the radar, kids - http://www.theguardian.com/technology/2015/dec/09/bitcoin-founder-craig-wrights-home-raided-by-australian-police

If govt officials are more strategic they would have wanted to get their grubby lil hands on 1 million BTC, like they did with Ulbricht's 150k btc

[peonminer]

What the hell is going on with Bitfinex?

Are they hacked or something?

I was getting loading issues as well. isitdownrightnow.com kept insisting it was up, finally loaded. I think too much traffic maybe? Servers almost shat due to the $875,000.00 short @$420.00 that was getting ate right up?? Squeeeeeeeeezzzzzzeeeedddd out

[Cconvert2G36]

And here's why it pays to stay under the radar, kids - http://www.theguardian.com/technology/2015/dec/09/bitcoin-founder-craig-wrights-home-raided-by-australian-police

soooooo, we panic nao?

[gentlemand]

If govt officials are more strategic they would have wanted to get their grubby lil hands on 1 million BTC, like they did with Ulbricht's 150k btc

Sounds like he's had some longstanding beefs with the taxman over the years. I wonder where all this will lead. It would be quite something if The Man ended up with 1 million coins.

soooooo, we panic nao?

You gotta do what feels right for you. I for one am not performing any more camsex shows tonight just in case.

[suda123]

If govt officials are more strategic they would have wanted to get their grubby lil hands on 1 million BTC, like they did with Ulbricht's 150k btc

Sounds like he's had some longstanding beefs with the taxman over the years. I wonder where all this will lead. It would be quite something if The Man ended up with 1 million coins.

soooooo, we panic nao?

You gotta do what feels right for you. I for one am not performing any more camsex shows tonight just in case.

They will probably use this as an excuse to dump hard as fuck. Then prop it back up

Can you imagine the news outlets if that was or implied satoshi?

And they auction off 1 million bitcoins?