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

[MatTheCat]

is crypto done???

[1714805136]

1714805136

[1714805136]

1714805136

[WeltMaster]

http://www.bloomberg.com/quote/CL1:COM

are we headed for 1929 -> 2016?
https://www.youtube.com/watch?v=bUFWXpYJKaI

[ChartBuddy]

Coin



Explanation

[JayJuanGee]

So for you anyone who is not totally understanding the technology is an idiot?

Well I'll join the long list of idiots. But you know what? I think there are far more users not understanding exactly how it works than users fully aware of all aspects. If all the "stupid users" as you say would dump their coins and leave the technology alone, bitcoin would actually die in a matter of seconds.

You all want adoption to become a bit more mainstream, but you can't take into account the fact that people might not want to spend 10 hours a week to understand how btc works, what's developped and what's going to happen...

you don't have to understand how it works ... do you have to pass Aerodynamics classes before you get on an airplane?

If bitcoin does what you want it to do for you, you should use it.

Simples.

Yeah but what insurance do I have that it will work and not spoil me of the 2k$ I tranformed into btc?
Cause the airplane answered to multiple official tests and answers to international and national security norms.

What does btc answer to? Nothing.
And as I don't totally understand how it works and what's happening, I'm afraid of using it. And tempted to quit.

Goodbye.


Farewell.



Adios. 



Just like a lot of the others threatening to leave, but won't leave.  Instead just stick around and troll.

 

[Alley]

I think this drop is more about the global stock market selloff then Mike hearn.

[julian071]

I think this drop is more about the global stock market selloff then Mike hearn.

Really? YOU might disagree with what Mike says, but don't you think that other people that read his story in the NY Times might be alarmed enough to drop BTC for something else?

I'm still short anyway. And glad I sold my entire stash yesterday evening, one hour after he posted what he did.

[dontetris]

Mike Hearn is the ultimate bitcoin troll. Lol.

[bodogb]

Can't he say what he thinks?
I don't see anything wrong in what he's saying. BTC is really shady he's right on that. Users don't have any correct informations you can't deny that.

So after spending countless years of his life working with Bitcoin, a few months after his departure Bitcoin is dead? Please.   If you defend such a person you are not any better than him. Bitcoin is not that shady, especially not since there's no Silk Road equivalent. Stop your gibberish.

I don't understand the hate, he's someone who worked on btc and thinks it's a failure and warned people about it, is it a reason to hate him?

Because he's a paid bulldog who backstabbed the community with this article. Should we love him for it?  

not really news ... we already knew hearn is a bitcoin hater and saboteur, except for the NYTimes readers who will no doubt lap up Hucksters Hearn's soundbites for the sheeple

That is the problem of this story, NYTimes and the sheep that are going to believe this nonsense or defend him. It has already reflected itself on the price (incl. news about Cryptsy).

Seems we won't be able to discuss. You don't seem to understand the position of someone who is not informed. Most people don't have the time to spend hundreds of hours to understand exactly how everything works and who's in charge of what.

"You're not better than him if you defend Hearn" You don't understand. I don't know who he is, he just doesn't seem like somebody bad.

Bitcoin IS incredibly shady in the sense that normal people have no idea of what's happening, what's currently developped, who's in charge of what, what can or can't be done etc...
I'm not talking about drugs or anything that something else. I'm talking about how btc works and will evolve. You're all talking about "bitcoin core" "bitcoin XT" "forks" and things like that. I've no idea of what it is, and I'm an engineer which means i got some basis in science... So btc IS shady in the sense that a small percentage of users actually understand it.

He shouldn't have declared bitcoin as dead. And should NOT have said that he's selling all his bitcoins. There are good reasons why people in control are not allowed to do that on exchanges. Everything else he can vent as much as he wants

Do you guys see a possibility (even a small one) that core developers got corrupted by the banking lobby or some other party that wants Bitcoin to fail? I'm thinking millions of dollars or tens of millions. Maybe some of them were bought to stick around but hinder progress and slow development. Others were paid to do just what he did right now.

I know what open source means, I'm a developer / IT guy myself. Others can take over. But the current core devs voices are heard and they can slow things down while "acting normal".

[coins101]

Just to prepare everyone for the big dumps that will happen....I too am leaving bitcoin.

[spooderman]

Mike Hearn is the ultimate bitcoin troll. Lol.

we found out who lambie was finally. or perhaps shroomsie.

[flagpara]

So for you anyone who is not totally understanding the technology is an idiot?

Well I'll join the long list of idiots. But you know what? I think there are far more users not understanding exactly how it works than users fully aware of all aspects. If all the "stupid users" as you say would dump their coins and leave the technology alone, bitcoin would actually die in a matter of seconds.

You all want adoption to become a bit more mainstream, but you can't take into account the fact that people might not want to spend 10 hours a week to understand how btc works, what's developped and what's going to happen...

you don't have to understand how it works ... do you have to pass Aerodynamics classes before you get on an airplane?

If bitcoin does what you want it to do for you, you should use it.

Simples.

Yeah but what insurance do I have that it will work and not spoil me of the 2k$ I tranformed into btc?
Cause the airplane answered to multiple official tests and answers to international and national security norms.

What does btc answer to? Nothing.
And as I don't totally understand how it works and what's happening, I'm afraid of using it. And tempted to quit.

Goodbye.


Farewell.



Adios. 



Just like a lot of the others threatening to leave, but won't leave.  Instead just stick around and troll.

 

TEMPTED!!! Tempted means I doubt that's all...

I don't want to quit, I'm not trying I'm just trying to explain why people are not always confident in btc. Why it's hard to reach a true adoption...

What you're saying is that anyone that might disagree with an aspect of btc and say it publicly should leave?

[ChartBuddy]

Coin



Explanation

[hendra147]

This is very dramatical, don't say bitcoin dead ,
this is normal market, we will down for several day then we will reach $1000 before block halving

[MickeyT2008]

This is very dramatical, don't say bitcoin dead ,
this is normal market, we will down for several day then we will reach $1000 before block halving

Every time that people have started declaring Bitcoin to be dead has later on turned out to be one of the best times to have bought.  It's 'been dead' and come back from the dead several times already

This isn't meant as any sort of advice of course, it's just how it seems to me

[Andre#]

$400 broken on Bitstamp.

[ghandi]

Bye bye $400

[Karartma1]

100% filled block and price on the downside, not a good morning for me at the moment.
I need some coffee to wake up and analyze WTF happened tonight

It has nothing to do with a few full blocks; actually that doesn't ever impact the price. This was caused by Hearn who should be listed as one of the worst people that were ever in the Bitcoin ecosystem & Cryptsy. Hearn basically declared Bitcoin as dead/dying and the media caught it, a fine exaple of a evil and backstabbing person.

Yes Lauda I know it has nothing to do with that: I was only saying that opening the thread and reading some news made my morning a bit bitter.

[flagpara]

This is very dramatical, don't say bitcoin dead ,
this is normal market, we will down for several day then we will reach $1000 before block halving

Every time that people have started declaring Bitcoin to be dead has later on turned out to be one of the best times to have bought.  It's 'been dead' and come back from the dead several times already

This isn't meant as any sort of advice of course, it's just how it seems to me

Well of course, when people really believe btc is dead, price drops. If it appears btc is not dead price will rise again. It all depends on weather you're willing to take the risk or not (because if price drops too much, btc will really die).

Until now it never really died, and with all the economy backing btc it's legitimate to believe it can't die. But remember it only needs to happen once to destroy everything you invested in btc

It's a risk, but I think it should be taken  

[MatTheCat]

is crypto done???

[wbm.i]

The bitcoin civil war just started