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

[Ryota]

I think there is no rally at all, just an another dead cat bounce.

You know Isaac Newton went Flat Broke Chasing a stock bubble.



Don't get burned!

[Fatman3001]

DAT VOLUME!

[cbeast]

I think there is no rally at all, just an another dead cat bounce.

You know Isaac Newton went Flat Broke Chasing a stock bubble.

Bitcoin is not a stock.

[luckygenough56]

i for one think that bitcoin is an experiment led by banksters to show to the world thant banks aren't that bad after all.

Once u quit you blinded unilateral way of thinking u can think that way too.

Anarchy is chaos. History tells.

[oda.krell]

He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead.

“Bitcoin is wild and crazy investment that I’m diversifying out of all the time,” he says. “If bitcoin is wildly successful, I’m still holding on to a good chunk of bitcoin. It could be worth tens of millions of dollars, but it could be worth zero. It doesn’t make sense to hold more than that amount. I don’t have a desire to be a multi-billionaire. That’s not what motivates me, I have no desire to be filthy rich.”

When you are more of a cultist than Bitcoin's lead developer, then you know you're in trouble.

Haha, thanks so much for that quote. Both Gavin's and your own.

[Thomas-s]

I think there is no rally at all, just an another dead cat bounce.

You know Isaac Newton went Flat Broke Chasing a stock bubble.

Bitcoin is not a stock.

It's was a bubble though  

[micky123]

This is quite sad.

I've invested over 8000 GBP & I'm at least 75% down now.
I can't believe this.

Hope this was money you could afford to lose?
Thankfully, i have invested money that i could afford to lose. Even though it stings, i am not too worried even if BTC crashes to the ground. This may be the time to diversify my portfolio into some other altcoin which i believe is the future, you can buy more of that coin for less since everything is tied to BTC atm. I cant think off too many though, maybe DRK for me!

People keep using the words "money you can afford to lose". Do you mean any amount other than what would cause him to die of hunger? Children's education money? Or do you mean dinner money? A cup of coffee?

There is no such thing as money you can afford to lose. There is only money. And it always hurts to lose it.

I beg to differ, i set aside a certain sum every month under the head "Entertainment". Entertainment budget covers my trips / movies / gambling/ etc.,

This IS money that i will lose anyway, of course it will give me entertainment in exchange. Off late, i have been setting aside some money for Crypto-entertainment too. I also dabble in penny stocks, there too i use some money (small amounts) every month and buy some stocks in the hope they go big! This is clearly money that i can afford to lose, if they hit it big, i make a profit, if i lose that money, its still okay as this is not money i need in my daily life!

[EFS]

Anarchy is chaos. History tells.

Wrong. It looks like you don't read history much.

[inca]

I think there is no rally at all, just an another dead cat bounce.

You know Isaac Newton went Flat Broke Chasing a stock bubble.

Bitcoin is not a stock.

It's was a bubble though  

Sure. But here we are still at 200$. I'll take that.

I think the reason the pattern has altered this time is the addition of leveraged buying and selling, which I feel has magnified the moves and allowed a greater degree of 'manipulation' of the price than simple buying and selling previously. Previously the only option to make money was to accumulate on weakness and sell into strength.

[inca]

what the fuck has happend?

Best thing this year.
Lots of bulltards lost a lot of money.
Always funny to see people get fucked up meddling in things they have no clue.
Hopefully some jump off a bridge. Natural selection.

Well you are quite the nasty piece of work aren't you. Hoping people who did exactly the same as early adopters just a few months later commit suicide because they lost money.

Fuck off.

[madmat]

what the fuck has happend?

Best thing this year.
Lots of bulltards lost a lot of money.
Always funny to see people get fucked up meddling in things they have no clue.
Hopefully some jump off a bridge. Natural selection.

Well you are quite the nasty piece of work aren't you. Hoping people who did exactly the same as early adopters just a few months later commit suicide because they lost money.

Fuck off.

Ignore button is your friend.

[podyx]

You guys really think that was the bottom?

I really think there will be more

[NotLambchop]

...
I think the reason the pattern has altered this time is the addition of leveraged buying and selling, which I feel has magnified the moves and allowed a greater degree of 'manipulation' of the price than simple buying and selling previously...

People interested in making money finding ways to ...make money?  The hell's going on in this world?!

[mmitech]

fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.

More than bitcoin can ever do

only an idiot lets their credit card get hacked ... and your credit card fees include costs for all the other idiots who let their cards get hacked and the idiot companies that 'secure' all the massive credit card databases ... basically its a bog hack system that costs a lot of of money to keep patching up

secure bitcoin properly and it never gets hacked and you never pay more than you have to, or paying for others incompetence.

PS: you're credit card was basically worthless last time i looked anyway  

Don't be an ignorant, this could happen to anyone, even if you take all security measures, all it takes is the hack of a merchant you once used... Bitcoin isn't better, because at the time it is harder to secure, in fact the only way to be so secure is by using paper wallets which is not suitable for the masses when we consider their daily needs.

Edit: take Bitstamp as an example when it comes to security, if they cant secure their exchange how do you expect a normal user to do so ?

Bitcoin is redefining the security measures in IT, when a single file is so important and critical, it is really dangerous for the masses at this point, we need to put more effort to make it secure, user friendly, tweaked for larger adoption and especially regulated so the scums and crooks don't find a heaven in it.

[RealMalatesta]

i for one think that bitcoin is an experiment led by banksters to show to the world thant banks aren't that bad after all.

Once u quit you blinded unilateral way of thinking u can think that way too.

Anarchy is chaos. History tells.

Want to buy a tinfoil hat? Will send you one for 1 BTC.

[Fatman3001]

Where is "Tim Draper and The Winklewankers" when you need them?

[RealMalatesta]

Where is "Tim Draper and The Winklewankers" when you need them?

They are busy buying cheap coins :-p

[inca]

You guys really think that was the bottom?

I really think there will be more

Short interest still at 21,800 according to bfxdata. Longs down to 16 million which is the lowest it has been since prior to the failed launch attempt earlier in 2014.

I am sure we will have some price volatility whilst there are so few coins available. It would be very easy to move the price upwards a LOT now. Doesn't mean it will happen though.

[esse83]

Where is "Tim Draper and The Winklewankers" when you need them?

Poor Timmy.. bad luck Brian just got a new name.

[entertainment]

Bounce is inminent. And not a normal bounce, a huge bounce.