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

[JayJuanGee]

I guess you guys also forgot how 2013 ended. I will still be a bit more patient...

It would be difficult to complain about 2013 in respect to bitcoin's performance, adoption, attention, etc...  - except for maybe some of us who did not get in before the second bubble.. (but even I got in at the top of the bubble, and I am not complaining because I kind of already had a decent idea that there had already been a bubble)....

2013 was an amazing year for bitcoin by almost any measure, if you look at the calendar year, as a whole.

Starting the year from $15 to go to $260 and then to correct to below $100 to return to peaks of above $1100 and ending the year around $600...   Volatile, but still, not too shabby.

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[JayJuanGee]

Hi all.  BitChick is here checking in.  Have we all learned a little patience since 2013?  Good things come to those that wait, so it is said.    

Merry Christmas everyone!

What's your dilli-o, bitchick?   

I remember that you offloaded some coins in 2014... did you reload some of those in 2015 or in 2016?

Have you revised your BTC strategies, recently?

I dont think she got the right recommendations from god.. 

Hahahahaha...


Could be.

I hate talking about people, but real life stories can be quite funny.

Bitchick drug Bitchick's Husband into BTC (usually in bitcoin it is the opposite, by the way), and he came in kicking and screaming, to some extent.  Bitchick causes him to make decent money, but then the price is tanking (somewhat) and Bitchick goes on a missionary trip.  In the meantime, Bitchick's Husband decides to cut some losses (and still lock in a profit) and sells a large quantity of the family's bitcoins...

The reality of the matter is living  in the real world with various competing living expenses, etc, etc... so then a question remains regarding the extent to which some of the coins may have been bought back.

By the way, I have a dear friend, that accumulated more than 17 bitcoins in the lower $200s, and got so excited to experience the rise from $250 to $350 and sold the whole stash at $350 while prices went to $500 and then returned to $300 and then progressed upwards, thereafter ... I think that she has been buying back on a regular basis, and still in profits, but would have some difficulties to acquire 17 bitcoins again (without having to really stretch finances).. ..

So, anyhow, sometimes, it is difficult to get those coins back, if you do not have a fairly decent and solid plan that prioritizes a certain level of BTC accumulation.

[Searing]

I already have enough BTC but just bought 6 more.....


highest price I ever paid per BTC..... I screwed up didn't I lol.... nooo crash incoming!

Yep..now you've jinxed the works



oops I probably jinxed the works with the above meme.....argh......btc you merciless bitch you are gonna cheat on me

and do the gutter price walk again aren't you! (I so ashamed)

[Dafar]

Yep..... I f*cked up... can't believe I bought coinz in $900s, what a noob... money down the drain


WHY CANT BITCOIN JUST GO TO $10,000 SO I CAN BE RICH     

[Torque]

Yep..... I f*cked up... can't believe I bought coinz in $900s, what a noob... money down the drain


WHY CANT BITCOIN JUST GO TO $10,000 SO I CAN BE RICH    

Bbbut... but... if no one buys in the $900s, it never will go up, thus it will never get to $10K.

See the irony?  Food for thought.  jk

_{(I do often wonder though if the n00bs think that the price goes up by magic. They don't get that someone always has to be buying, at whatever the price is, in order for it to rise at all.... and it should be them doing the buying, not the wealthy elites.)}

[Ted E. Bare]

Are you serious? There's nothing wrong with buying @900. The price will increase further, I wish that I had the money to buy more.

[lightfoot]

I keep thinking about transferring a chunk of my retirement funds into Bitcoin. Would be a good investment, especially with the recent currency manipulation being done by govts.

[zoinky]

[Ibian]

Yep..... I f*cked up... can't believe I bought coinz in $900s, what a noob... money down the drain


WHY CANT BITCOIN JUST GO TO $10,000 SO I CAN BE RICH    

Bbbut... but... if no one buys in the $900s, it never will go up, thus it will never get to $10K.

See the irony?  Food for thought.  jk

_{(I do often wonder though if the n00bs think that the price goes up by magic. They don't get that someone always has to be buying, at whatever the price is, in order for it to rise at all.... and it should be them doing the buying, not the wealthy elites.)}

It's funny how that goes. I started by buying a certain number of coins, with a plan all laid out to sell and buy at certain price points with a potential to make enough to live on it for life. First step was to sell some of it at 550 euro. Since then I have been swapping coins back and forth between localbitcoins and kraken and already made what I sold back, plus a little more, with almost zero risk.

You gotta have money to make money, but once you get things set up you just keep accumulating. And to those who never make it past the initial steps, it looks like a totally unfair and rigged system.

[Ibian]

I keep thinking about transferring a chunk of my retirement funds into Bitcoin. Would be a good investment, especially with the recent currency manipulation being done by govts.

Do it. You will never get that money if you just wait for it.

[Kramerc]

Yep..... I f*cked up... can't believe I bought coinz in $900s, what a noob... money down the drain


WHY CANT BITCOIN JUST GO TO $10,000 SO I CAN BE RICH     

Just relax, maybe go outside and smell the roses (pretty hard if it's winter, but then you can always make a snowman). Things are only picking up steam. Wish I had some worthless fiat just about now.

:popcorn:

[snowdropfore]

hey bitcoin, i am back here

[spooderman]

Yep..... I f*cked up... can't believe I bought coinz in $900s, what a noob... money down the drain


WHY CANT BITCOIN JUST GO TO $10,000 SO I CAN BE RICH     

Just relax, maybe go outside and smell the roses (pretty hard if it's winter, but then you can always make a snowman). Things are only picking up steam. Wish I had some worthless fiat just about now.

:popcorn:

fiat isn't worthless.

you can use it to buy btc.

[strawbs]

BBC has noticed btc's recent rise:

http://www.bbc.co.uk/news/technology-38415066

[kehtolo]

Yep..... I f*cked up... can't believe I bought coinz in $900s, what a noob... money down the drain


WHY CANT BITCOIN JUST GO TO $10,000 SO I CAN BE RICH     

Just relax, maybe go outside and smell the roses (pretty hard if it's winter, but then you can always make a snowman). Things are only picking up steam. Wish I had some worthless fiat just about now.

:popcorn:

fiat isn't worthless.

you can use it to buy btc.

Possibly the best thing I've ever read on this thread. Funny and true..

[JayJuanGee]

Yep..... I f*cked up... can't believe I bought coinz in $900s, what a noob... money down the drain


WHY CANT BITCOIN JUST GO TO $10,000 SO I CAN BE RICH    

Bbbut... but... if no one buys in the $900s, it never will go up, thus it will never get to $10K.

See the irony?  Food for thought.  jk

_{(I do often wonder though if the n00bs think that the price goes up by magic. They don't get that someone always has to be buying, at whatever the price is, in order for it to rise at all.... and it should be them doing the buying, not the wealthy elites.)}

It's funny how that goes. I started by buying a certain number of coins, with a plan all laid out to sell and buy at certain price points with a potential to make enough to live on it for life. First step was to sell some of it at 550 euro. Since then I have been swapping coins back and forth between localbitcoins and kraken and already made what I sold back, plus a little more, with almost zero risk.

You gotta have money to make money, but once you get things set up you just keep accumulating. And to those who never make it past the initial steps, it looks like a totally unfair and rigged system.

Agreed.  It takes a certain level of commitment in order to get your bitcoins to make you money.  Accordingly, you need to accumulate a certain quantity of bitcoin that allows you to float (to put into trade).. ... so for example to have enough cash to buy on local bitcoins and then sell on Kraken or the opposite to have enough coins to sell on local bitcoins and then to buy back on Kraken (or some other exchange).. and also if you can generate enough business, then you can almost end up getting rid of the exchange and buying and selling on the same day and not having to go through the exchange.. helps to have capital and helps to go through the process and generate some customers.   

As the price of bitcoins goes up, my float in cash has become much bigger, so that helps too.

[spooderman]

anyone care to establish a rough estimate of how many hours from now the situation will remain critical?

[HyphyBTC]

anyone care to establish a rough estimate of how many hours from now the situation will remain critical?

23 hours and 59 minutes?

[petahashminer]

anyone care to establish a rough estimate of how many hours from now the situation will remain critical?

which situation?

[kurious]

anyone care to establish a rough estimate of how many hours from now the situation will remain critical?

23 hours and 59 minutes?

Close.... But I think a few more seconds.  Maybe up to a very round number?