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

[billyjoeallen]

shorts are vulnerable, trapped, scared, exchange closed, positons underwater ... watching the price rise right now must be sickening.

The sharks are circling and they can smell blood, mother of all short squeezes probably gonna send the Swamp under .... if it ever comes up again.

What makes it interesting is that swap fees skyrocketed (almost immediately after I closed my short-w00t!).
The bears were making almost free money borrowing BTC at such low rates, but now it will cost them to wait for the next crash.  I'm certainly not calling a bottom, but I think we're close.

[1713303554]

1713303554

[1713303554]

1713303554

[1713303554]

1713303554

[YourMother]

What was the price of BTC at the time of this?

Somewhere around $800k at the time. (October 2013)...

and you know what happened later haha

[Xiaoxiao]

looks like a storm is coming this weekend again.  Could not even stay around 300 for a minute.

[Tzupy]

OKcoin leading down again.

[NotLambchop]

...
Surely there must be more to life than spending you're entire time on a forum of something you utterly hate and have zero (positive) interest in?...

I find Bitcoiner antics delightful, there's no room for hate in my heart--it is two sizes too small

You would have to pay a lot of money to always have the price of coffee on my screen and have me write dozens of posts a day on a coffee forum. Just wondering what your incentives are?

Observing you Bitcoiners is much funnier than watching the price of coffee.  Stop selling yourself short.

You own bitcoin. You have money on at least one bitcoin exchange. You have posted more than 5000 times in 9 months from one acct and have several other active alts.

I think it is fair to say you ARE a bitcoiner.

 

Nah.  I came here to educate and have an occasional chuckle at your expense.  I once found Bitcoin interesting (like any quirky Rube Goldberg contraption).  When "to da moon" hysteria set in, I couldn't resist the opportunity to make a few bux.  Sure, I have some coin left, but only a trivial amount.
And, in my greediest profiteer days, never have I attempted to lure people into buying Bitcoin, as you're [ineptly] trying to do nao.  
*BTW,

[inca]

No, you try to get people to sell. Plonker.

[NotLambchop]

No, you try to get people to sell. Plonker.

[bobboooiie]

I have waited 2 fucking years for this bullrun

If I miss the party just cuz I deposited my funds right before bitstamp got closed down, I will be fucking pissed.

Definately will be taking some more loans if bitstamp don't open up soon

Seriously,
This is not trolling , no bullbearwhale crap talk...

You need help.
If you're seriously thinking about getting MORE loans you're right now worse that a bet addict.
And I know what I'm talking about.

Go on..

A guy taking more loans .. so he is already in debt
He needs money and he only has a loan as a solution  , it means he has no money outside his bitcoins and bitstampmoney

And yet he wants to take it and invest it (aka smartsuit gambling)

And you don't see a problem with it

Kinda reminds me of that guy that bet "double or nothing" on his stash of ~50 BTC with a single dice roll.  Btw, he lost.

Link please!

Fuck that 50 Beanie Babies bet.

This one buried the fucker for eternity

What was the price of BTC at the time of this?

I remember that one,I hope we see some crazy shit like that soon again as JD just came back (not with BTC though)

[ChartBuddy]

Bitfinex

Explanation

[Warren Buffert]

No, you try to get people to sell. Plonker.

All the rational people already sold long ago when they realized bitcoin is on a downward spiral. No need to convince anyone anymore. The only people left are the cultists who are emotionally invested and won't listen to any good advice.

[marcus_of_augustus]

shorts are vulnerable, trapped, scared, exchange closed, positons underwater ... watching the price rise right now must be sickening.

The sharks are circling and they can smell blood, mother of all short squeezes probably gonna send the Swamp under .... if it ever comes up again.

What makes it interesting is that swap fees skyrocketed (almost immediately after I closed my short-w00t!).
The bears were making almost free money borrowing BTC at such low rates, but now it will cost them to wait for the next crash.  I'm certainly not calling a bottom, but I think we're close.

... it's also possible that if the Swamp is dead then another company will buy it out and sift through the wreckage in time to salvage whatever they can ... but haircuts for anybody who bogged down in there no doubt, mostly shorts sitting on imaginary profits and bagholders who were storing coinz on an exchange. meh.

[findftp]

Latest truth update:

Well, according to my son. I let him play around with a chart and GIMP
Bitstamp will reopen at exactly friday tuesday the 13th

[Son0fLamb]

WTF?!  That's not even...

http://s9.postimg.org/8p6xctw9b/Capture.jpg

[celebreze32]

shorts are vulnerable, trapped, scared, exchange closed, positons underwater ... watching the price rise right now must be sickening.

The sharks are circling and they can smell blood, mother of all short squeezes probably gonna send the Swamp under .... if it ever comes up again.

What makes it interesting is that swap fees skyrocketed (almost immediately after I closed my short-w00t!).
The bears were making almost free money borrowing BTC at such low rates, but now it will cost them to wait for the next crash.  I'm certainly not calling a bottom, but I think we're close.

... it's also possible that if the Swamp is dead then another company will buy it out and sift through the wreckage in time to salvage whatever they can ... but haircuts for anybody who bogged down in there no doubt, mostly shorts sitting on imaginary profits and bagholders who were storing coinz on an exchange. meh.

Justcoin went that way, although I cannot remember what happened to people's funds held before it closed. Did the new owners carry people's balances over to the new Justcoin?

[Jammalan the Prophet]

Nejc Kodrič
‏@nejc_kodric
Was sorry to miss interacting at CES this week. Our team is all hands on deck focused on the immediate needs of redeploying our site.

avoiding people who might ask for information?

[billyjoeallen]

This is not my first multi-year bear market. I just got a second job and not only will I not be selling anymore coins, but I will be adding to my position until either after the next ATH or if it never comes, after I retire.

I don't care if it tanks to $10 dollars again. That just gives me the opportunity to buy a whole lot more. How do you hunt bears? Patiently.

[coinableS]

How do you hunt bears? Patiently.

I hear bear meat is tough and greasy.

[JorgeStolfi]

Fuck that 50 Beanie Babies bet.

This one buried the fucker for eternity
[ bet 7016 BTC at 96.2% and lost ]

Lots of money, but at least he was consciously gambling, with know odds.  To me it is not as bad as that other guy who deposited 50 k$ into MtGOX, just before it died, to buy those bitcoins at 80% discount from market.

EDIT: on the other hand, maybe he will get 20% of his money back, so it was not that bad...

[Son0fLamb]

-I'm frightened, Auntie Em! I'm frightened!
--Dorothy? Dorothy? Where are you? It's me, Auntie Em! We're trying to find you! Where are you?
-I'm here in Oz, Auntie Em! I'm locked in the witch's castle, and I'm trying to get home to you, Auntie Em!

When I count to three, gentlemen, you'll wake up, and this miasma will vanish like dew in the morning sunshine.  It's all been a really, really bad dream!
Lol, just kidding, shit's 100% real.  

[podyx]

This is not my first multi-year bear market. I just got a second job and not only will I not be selling anymore coins, but I will be adding to my position until either after the next ATH or if it never comes, after I retire.

I don't care if it tanks to $10 dollars again. That just gives me the opportunity to buy a whole lot more. How do you hunt bears? Patiently.

Don't you think another coin would take bitcoin's place if it were to go down to $10 though? I mean, sure, bitcoin is the crypto-currency which gets mentioned all the time and it was the first one but when we come down to those low levels, I think it'll be the sharp money which decides which one will grow big and they will probably choose a better one.