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

[poncho32]

I maintain that we still need a global currency crisis / collapse followed by a flood into precious metals. Once people realise that BTC and its derivatives are as good as precious metals and easier to use we will start to see real commerce take place in crypto. See you there, might have grey hair by then. But these dayys have been fun. We were there dudes!!

What drivatives has Bitcoin got? I heard they helped cause the last stock market crash. Fuck derivatives.

Take your meds mate. I meant altcoins (generally derived from the BTC source code)

Good, the last thing Bitcoin needs is derivatives (like the debt packages in the stock market).

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[BlindMayorBitcorn]

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

Understood

[heartastack]

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

Understood

Affirmative

[Warren Buffert]

But.. but... the bulltards told me that we would be at $10,000 per coin by now!

Greater fools, where are you??

[Torque]

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

Understood

Affirmative

Because mmitech is a soothsayer and has a crystal ball, so everything he says must be true

[Hunyadi]

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

Nice to see you back here! Double digits is perhaps too pessimistic but, unfortunately for bulls  , traders are trying to push the price under 200 to level the playing field (they think early adopters and big mines have too much power currently).

[BlindMayorBitcorn]

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

Understood

Affirmative

Because mmitech is a soothsayer and has a crystal ball, so everything he says must be true

Because he registered February 18, 2013, 07:29:47 PM and probably has enough coins to do it himself. There are no bids left!

[heartastack]

I maintain that we still need a global currency crisis / collapse followed by a flood into precious metals. Once people realise that BTC and its derivatives are as good as precious metals and easier to use we will start to see real commerce take place in crypto. See you there, might have grey hair by then. But these dayys have been fun. We were there dudes!!

What drivatives has Bitcoin got? I heard they helped cause the last stock market crash. Fuck derivatives.

Take your meds mate. I meant altcoins (generally derived from the BTC source code)

Good, the last thing Bitcoin needs is derivatives (like the debt packages in the stock market).

Well ironically the winkelvoss ETF would be a derivative. Their company plans to purchase one BTC for every 5 shares in the etf owned. Unfortunately this is exactly what BTC needs right now to allow the gamblers a regulated environment for purchasing BTC with stupid amounts of money.

The more I think about it, the more grave is BTC's immediate future. I believe that ETF was already speculatively priced into BTC too which is also deflating with all the rest of the bad news. There is still big money in BTC and these are the guys doing the mini pumps followed by the massive dumps. And as said they will do this all the way down to zero or until they are out of the market. They need to get their money back and they don't care about you, me, or Bitcoin.

[NotHatinJustTrollin]

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

Understood

Affirmative

Sheep detected.

[Fatman3001]

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

Nice to see you back here! Double digits is perhaps too pessimistic but, unfortunately for bulls  , traders are trying to push the price under 200 to level the playing field (they think early adopters and big mines have too much power currently).

They want to make money shorting. There are no "good intentions" behind it.

[79b79aa8d5047da6d3XX]

The more I think about it, the more grave is BTC's immediate future. I believe that ETF was already speculatively priced into BTC too which is also deflating with all the rest of the bad news. There is still big money in BTC and these are the guys doing the mini pumps followed by the massive dumps. And as said they will do this all the way down to zero or until they are out of the market. They need to get their money back and they don't care about you, me, or Bitcoin.

if you think BTC will stand or fall as a result of some entity's short term trading strategy, you might as well exit asap.

[heartastack]

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

Understood

Affirmative

Sheep detected.

I think 99.9% of people here want BTC to succeed myself included. However when the name calling is the only Card left in the deck its a sign of hopelessness

[Wekkel]

The scenario of mmtech is not unlikely. Frankly, I don't care what the price does as long as I see a long term chance of success. And boy, do I still see chance of success.

We need more desperation.

[heartastack]

The more I think about it, the more grave is BTC's immediate future. I believe that ETF was already speculatively priced into BTC too which is also deflating with all the rest of the bad news. There is still big money in BTC and these are the guys doing the mini pumps followed by the massive dumps. And as said they will do this all the way down to zero or until they are out of the market. They need to get their money back and they don't care about you, me, or Bitcoin.

if you think BTC will stand or fall as a result of some entity's short term trading strategy, you might as well exit asap.

Yep I did @ 500. The fall from 600 was too sharp for me. Glad because now I can buy many more when I sense a turnaround. Thanks for lookin out for me though

[Fatman3001]

I maintain that we still need a global currency crisis / collapse followed by a flood into precious metals. Once people realise that BTC and its derivatives are as good as precious metals and easier to use we will start to see real commerce take place in crypto. See you there, might have grey hair by then. But these dayys have been fun. We were there dudes!!

What drivatives has Bitcoin got? I heard they helped cause the last stock market crash. Fuck derivatives.

Take your meds mate. I meant altcoins (generally derived from the BTC source code)

Good, the last thing Bitcoin needs is derivatives (like the debt packages in the stock market).

Well ironically the winkelvoss ETF would be a derivative. Their company plans to purchase one BTC for every 5 shares in the etf owned. Unfortunately this is exactly what BTC needs right now to allow the gamblers a regulated environment for purchasing BTC with stupid amounts of money.

The more I think about it, the more grave is BTC's immediate future. I believe that ETF was already speculatively priced into BTC too which is also deflating with all the rest of the bad news. There is still big money in BTC and these are the guys doing the mini pumps followed by the massive dumps. And as said they will do this all the way down to zero or until they are out of the market. They need to get their money back and they don't care about you, me, or Bitcoin.

Both derivatives and shorting ought to be good for Bitcoin if only the currency (not only the technology) gained some significant traction with some kind of real use case. But there doesn't seem to be much adoption other than waves of shorting traders.

[podyx]

But.. but... the bulltards told me that we would be at $10,000 per coin by now!

Greater fools, where are you??

[mmitech]

The scenario of mmtech is not unlikely. Frankly, I don't care what the price does as long as I see a long term chance of success. And boy, do I still see chance of success.

We need more desperation.

Read, I didn't mention the possibility of Fail, it will fail at one point (when something better takes it) but for now, I think that double digits are becoming a clearer target each day.

[79b79aa8d5047da6d3XX]

it will fail at one point (when something better takes it)

just like anything else, then.

[itod]

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

Nice to see you back here! Double digits is perhaps too pessimistic but, unfortunately for bulls  , traders are trying to push the price under 200 to level the playing field (they think early adopters and big mines have too much power currently).

It's not too pessimistic at all, there were serious analyses that claim if we break this support level next serious support point is around $120. It's not that far to imagine short dip from $120 to double digits.

[grappa_barricata]

worth noting that the 255 bottom was also the highest 2 digits hexadecimal possible (ff), coincidence?
yes ofc, you trolls, i'm just kidding