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

[Gyrsur]

i have 120btc now ,will i ever become rich?

you changed it back to BTC?

i have change all my btc to bitshares now. i hope bitshares will replace bitcoin soon

[Richard Branson]

i have 120btc now ,will i ever become rich?

Either you were allready rich before you aquired your bitcoins 2013 or you have stolen the money and lost now a considerable amount of it.

[gentlemand]

i have 120btc now ,will i ever become rich?

Either you were allready rich before you aquired your bitcoins 2013 or you have stolen the money and lost now a considerable amount of it.

Wow. You can tell everything about someone's life history by just looking at their posts on the internet.

[gizmoh]

i will say it : double bottom

Agreed. And painting a higher bottom ..so a new trend developing  

[Gyrsur]

i have 120btc now ,will i ever become rich?

Troll ALARM!

[Torque]

i will say it : double bottom

Disagreed.

[Wekkel]

i have 120btc now ,will i ever become rich?

Either you were allready rich before you aquired your bitcoins 2013 or you have stolen the money and lost now a considerable amount of it.

Wow. You can tell everything about someone's life history by just looking at their posts on the internet.

If everything you write is true.

[poncho32]

i will say it : double bottom

Agreed. And painting a higher bottom ..so a new trend developing  

I thought a double bottom had to have two lows of the same price. October's was ~270 and this month's was ~255. Is that a valid double bottom?

[NotHatinJustTrollin]

i will say it : double bottom

Agreed. And painting a higher bottom ..so a new trend developing  

I thought a double bottom had to have two lows of the same price. October's was ~270 and this month's was ~255. Is that a valid double bottom?

They are not even making sense.

[luckygenough56]

double bottom with the 255 of january 4th

[N12]

About double and triple bottoms, and generally any patterns and signals in technical analysis:

It makes no sense to anticipate patterns and signals before they actually form. The only point of that is for letting your Hopium (don't smoke that shit, it really is bad for you) run wild and your fantasies roam free. For a double bottom, that would be rising above the highest point in between the two double bottoms. At that point, it'd be confirmed.

Triple bottoms especially are such a rare pattern that you should always bet that the second bottom will be pierced if the price gets near it again.

[mrkavasaki]

if somone has 120btc do you think he become ever rich?
(this is a serious question)

[Ultros]

if somone has 120btc do you think he become ever rich?
(this is a serious question)

I don't know and no one else does. Serious answer.

[Richard Branson]

if somone has 120btc do you think he become ever rich?
(this is a serious question)

Depends on the definition of rich.
Rich starts for me with 1 billion USD worth in estates, fiat money, gold, ...

I highly doubt that bitcoin will ever reach the heights to make you a billionaire.

[gentlemand]

if somone has 120btc do you think he become ever rich?
(this is a serious question)

It's two questions.

1 - Will BTC succeed and become a reasonably-sized/ big chunk of the global economy?

2 - If it does succeed will 120 change your life?

No one can answer 1. The answer to 2 is - of course. There's less than a couple of hundred thousand people who could ever own a similar amount, probably far, far fewer when the present distribution is taken into account.

[cbeast]

if somone has 120btc do you think he become ever rich?
(this is a serious question)

Most people given wealth soon end up poor. Wealth is a frame of mind.

[luckygenough56]

if somone has 120btc do you think he become ever rich?
(this is a serious question)

i have no serious answer

[poncho32]

if somone has 120btc do you think he become ever rich?
(this is a serious question)

I don't know and no one else does. Serious answer.

The Winklevoss twins think Bitcoin might be worth $20k to $30k in the future. If they are right someone with 120btc would be worth $2.4 million to $3,6 million. Most people would describe that as rich, except billionaire types.

[bad trader]

Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.

[gentlemand]

Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.

That's assuming that many of the Chinese coins on exchanges are real in the first place.