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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367111 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
rpietila
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January 14, 2015, 11:47:48 PM

I listed my castle for sale. If I manage to flip now, even at a slight fiat loss, I would have gained 3x the bitcoins in a year. Decent trade, huh?  Grin
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arvindr
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January 14, 2015, 11:48:22 PM

The US Marshall auction , sometime in the next 2-3 months would affect the price even more, if any of the buyers decide to sell.
JorgeStolfi
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January 14, 2015, 11:49:02 PM

"99% (including Chinese day-traders, blah, blah, blah)" DON'T MATTER - only the MINERS matter in defining the Bitcoin protocol - and the miners DO know that changing the protocol at the whim of of anyone who promised to buy a lot would render the coin valueless.

Well, it seems that we have very different views about the motivations and ideologies of miners and other players.  I don't know how we could resolve this difference, so let's leave it at that.

However, note that a large fraction of the miners are Chinese; that the Chinese may not have much trust in bitcoin as the currency of the internet; and that miners, more than any other bitcoiners, cannot plan much beyond a 2-year horizon, because their equipment quickly becomes uncompetitive due to improvements in the energy efficiency.
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January 14, 2015, 11:49:11 PM

BTC is only 50x my entry price (about 3 years ago). Like now, that was a major bottom. Should I buy more? Thoughts?

Risto asking Wall Observer for advice !?!?  Huh Shocked we must've hit the bottom

He's also selling off his derelict building in some god-forsaken backwater castle Roll Eyes
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January 14, 2015, 11:49:21 PM

I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.

i still remember those days... and mining with ATI Cards 2 BTC / Day !!!!



I sold my last coins to buy a chanel purse and wallet for my girl friend. That has been paying serious dividends in bed, let me tell you.
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January 14, 2015, 11:49:48 PM

I feel like I'm in a time machine. Every hour is like a day at finex. As well as this thread.
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January 14, 2015, 11:49:52 PM

this smash down has to be stolen coins being dumped.
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January 14, 2015, 11:50:03 PM

I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.

i still remember those days... and mining with ATI Cards 2 BTC / Day !!!!



I sold my last coins to buy a chanel purse and wallet for my girl friend. That has been paying serious dividends in bed, let me tell you.

Nice
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January 14, 2015, 11:50:18 PM

I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.

I said about 18 months ago that I think $20 is a good and fair price. I still stand by that comment.

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January 14, 2015, 11:51:57 PM

China awakens.



In about an hour...
ivyleague1985
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January 14, 2015, 11:53:10 PM

this smash down has to be stolen coins being dumped.

No, stamp is using bots to press down the price.
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January 14, 2015, 11:53:43 PM

I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.

i still remember those days... and mining with ATI Cards 2 BTC / Day !!!!



When I learned about bitcoin underground it was trading in chat rooms for .50 to .60 but in open market by traders was like $3-$5  and at that time wallets were harder to get just to hold them.

When I learned to mine when btc was $6-8 I was using the wrong gpu, grforce instead of ati.  5870 were hot back then
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January 14, 2015, 11:53:55 PM

China awakens.



In about an hour...

I hope they have the munchies for coins. But I expect Panda poo.
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January 14, 2015, 11:54:08 PM

Been spending some time browsing the forum

ITT: Everyone started believing the bears and shorted. Price rallying on low volume and people are worried for their shorts.  Cheesy
This is called Denial  Wink
So even panic -> surrender -> And optimism  Roll Eyes
Panic? No chance. It could drop to 40 and I would count my Bitcoins Tongue

the bubble in 2011 was very strange ...

1. first continuous decline
2. then a big fall
3. bounce up a a big disappointment
4. next fall
5. finally capitulation and the largest sales on the bottom  Undecided



I hope that people will be clever this year!

I cann't believe he kept the coins from $ 30 to $ 7 and most people sold for $ 5-6 ...







cbeast
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January 14, 2015, 11:54:30 PM

this smash down has to be stolen coins being dumped.

No, stamp is using bots to press down the price.

Hey, what do you want for free?
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January 14, 2015, 11:55:02 PM

I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.

I said about 18 months ago that I think $20 is a good and fair price. I still stand by that comment.



$10-15 would be fun to use it actually for its intended purpose.  A few hundred million market cap for an experiment is feesible
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January 14, 2015, 11:55:07 PM

yesterday we hit a new daily volume record on finex, today we doubled that new record.
JorgeStolfi
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January 14, 2015, 11:55:55 PM



And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

That is a mistranslation; the Aramaic original said "the private key, or the passphrase, or the 2FA of his account".
Eamorr
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January 14, 2015, 11:56:43 PM

China awakens.



In about an hour...

I hope they have the munchies for coins. But I expect Panda poo.

I wouldn't be so flippant about China.

China are the ones with the most clout in this panic.

See here: http://bitcoincharts.com/charts/volumepie/
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January 14, 2015, 11:58:10 PM



And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

That is a mistranslation; the Aramaic original said "the private key, or the passphrase, or the 2FA of his account".
haha, g1
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