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

[pjviitas]

Its times like this that I scratch my head about the "buy on the way down" philosophy preached by many traders.

Its a great philosophy if whatever your buying continues to have value in your lifetime...not so great if it goes belly up or takes 2 lifetimes to regain its value.

[Fatman3001]

so I should deposit more BTC to bitfinex or not  

Very bullish. I'm gonna toss another 25k at it tmr morning when my bank opens

No offense, just trying to stay objective, but i don't think it actually looks very bullish for many people...for old timers and some real believers maybe, but for the average Joe this looks like fricking bloodbath...

Depends on what you think btc is worth

I know what you're saying. People need to really think outside of the box. Don't listen to the media. What does your gut tell you about Bitcoin?..I have become successful in many areas of my life through spiritual guidance and mediation. It's not a bloodbath. The price is being pushed down on purpose by a someone or a group of people. They are making It more affordable for everyday people to hop on board. With the Russian ruble collapse and the world on the brink of another war. There is no better time for Bitcoin. Bitcoin is here for a reason. There are much larger forces at work here. We are all apart of the forum because we were guided here by our destiny. For some reason we are more aware of things than everyday people. So in turn I believe we will be very wealthy in the coming years. There are only a handfull of people who will get rich off of Bitcoin. But that wealth will help re stimulate growth into a stale united states economy and help propell us into a new Era much like the Internet did. Most people won't buy into bitcoin until it's too late to get rich. Because they are still stuck in the Matrix to some extent. Stay calm my friends and meditate.

[Crap! It's official, Bitcoin is going to die]

[luckygenough56]

Will Monday be bullish ?

[flounderella]

so I should deposit more BTC to bitfinex or not  

Very bullish. I'm gonna toss another 25k at it tmr morning when my bank opens

No offense, just trying to stay objective, but i don't think it actually looks very bullish for many people...for old timers and some real believers maybe, but for the average Joe this looks like fricking bloodbath...

Depends on what you think btc is worth

And it certainly isn't worth what the last two schmucks traded it for to each other. Value of bitcoin is ultimately its value to consumers and the wider society at large

[Jammalan the Prophet]

I know what you're saying. People need to really think outside of the box. Don't listen to the media. What does your gut tell you about Bitcoin?..I have become successful in many areas of my life through spiritual guidance and mediation. It's not a bloodbath. The price is being pushed down on purpose by a someone or a group of people. They are making It more affordable for everyday people to hop on board. With the Russian ruble collapse and the world on the brink of another war. There is no better time for Bitcoin. Bitcoin is here for a reason. There are much larger forces at work here. We are all apart of the forum because we were guided here by our destiny. For some reason we are more aware of things than everyday people. So in turn I believe we will be very wealthy in the coming years. There are only a handfull of people who will get rich off of Bitcoin. But that wealth will help re stimulate growth into a stale united states economy and help propell us into a new Era much like the Internet did. Most people won't buy into bitcoin until it's too late to get rich. Because they are still stuck in the Matrix to some extent. Stay calm my friends and meditate.

Jammal'an the Prophet agrees with you

[JamesBrown]

The exchanges must be loving this, right?
Or since some of them are venturing into mining they aint actually that happy?

[NotLambchop]

Will Monday be bullish ?

Whatcha talking about Jasper?  We just broke up through 260 again, not good enough for you?

[pjviitas]

BITCOIN IS DEAD RIP BITCOIN

you better hand any bitcoin you have over to me then

I think the GIF says it all...he has none left

[samsonn25]

Until the 1w charts start stabilizing I would suggest everyone stop panicking.

But the 1week chart has been down trending since June at $640.

You mean they should be worrying until it stops downtrending???

[pjviitas]

Until the 1w charts start stabilizing I would suggest everyone stop panicking.

But the 1week chart has been down trending since June at $640.

You mean they should be worrying until it stops downtrending???

Everyone should be worried but panic is never good.

[Fatman3001]

Difficulty at 340ph   already at the upper end of my prediction 3 days ago.

Lots of new Antminer S5s on the network, mainly in Bitmains data centers. But if the price continues this way I think difficulty will start stagnating again. Not to mention the possible delay or mothballing of new 14nm/16nm finfet machines. People have bills to pay, networked super computers can't live on just love and good intentions.

[maranello1561]

My gawd, I step outside for an hour and y'all lost 260 level. Do I have to do everything around here

[samsonn25]

so I should deposit more BTC to bitfinex or not  

Very bullish. I'm gonna toss another 25k at it tmr morning when my bank opens

No offense, just trying to stay objective, but i don't think it actually looks very bullish for many people...for old timers and some real believers maybe, but for the average Joe this looks like fricking bloodbath...

Depends on what you think btc is worth

And it certainly isn't worth what the last two schmucks traded it for to each other. Value of bitcoin is ultimately its value to consumers and the wider society at large

agree.....

I thought it was risky at $3,   and this was 1 year after the guy traded 10000 coins for 2 large pizzas which valued it at .0025 so why would I over pay 1000x for it or 100000%

But then again it was hard to buy at that time and people made up fictictious numbers to trade for it because you really needed computer coding to know what was going on

[Blazin604]

Next 3 hours are CRITICAL

[samsonn25]

Difficulty at 340ph   already at the upper end of my prediction 3 days ago.

Lots of new Antminer S5s on the network, mainly in Bitmains data centers. But if the price continues this way I think difficulty will start stagnating again. Not to mention the possible delay or mothballing of new 14nm/16nm finfet machines. People have bills to pay, networked super computers can't live on just love and good intentions.

Discusfish is the biggest pool now.

I would think at least 10000-15000 s5 came on board and then spondoolies cranking it up too

[kenji]

will china dump bitcoin soon to dead?

[LFC_Bitcoin]

If China wakes up & starts dumping we are in the shit.

[Blazin604]

If China wakes up & starts dumping we are in the shit.

Like I said ....next 3 hours are critical I'f we hold at 250 we will be good for an upuptrend starting tmrw

[Fatman3001]

Difficulty at 340ph   already at the upper end of my prediction 3 days ago.

Lots of new Antminer S5s on the network, mainly in Bitmains data centers. But if the price continues this way I think difficulty will start stagnating again. Not to mention the possible delay or mothballing of new 14nm/16nm finfet machines. People have bills to pay, networked super computers can't live on just love and good intentions.

Discusfish is the biggest pool now.

I would think at least 10000-15000 s5 came on board and then spondoolies cranking it up too

Discus seems to have captured a lot from other ailing giants like Ghash.io and BTCGuild. Antpool has sprung up from naught to second place in no time. I am somewhat worried when I see most of the network being controlled by chinese pools. The chinese government isn't shy when it comes to meddling and they don't take no for an answer.

[sikke]

If China wakes up & starts dumping we are in the shit.

Like I said ....next 3 hours are critical I'f we hold at 250 we will be good for an upuptrend starting tmrw

http://bitcoinity.org/markets/list?currency=ALL&span=24h

Massive dump going on.