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

[YourMother]

Some trivia stuff while this ridiculously overpriced world of warcraft unusable currency is tanking to abyss...





Point worth mentioning :  Excellent long-term memory.

You see, the bulltards already accommodated with this current price. They are not crying over a $300-$400-$1000 bitcoin anymore. All of sudden bitcoin is priced correctly, because you can almost see their enthusiasm when some kamikaze fuck is pumping it by +$10-$20. This is clearly showing their lack of long-term memory, so my question is : why would i ever listen to these delusional post "The wolf of wall street" investors that are saying that bitcoin is oversold ? Why would i give a shit about their stupid graph predictions when nobody is able to convince me of why this currency is worth more ?

I explained to these people why bitcoin is not worth more than 2 digits, but i never saw any concise counter arguments on why it deserves a much higher valuation. Just denial, hopium and "should've, could've and would've's"


PATHETIC

[ronald98]

I give it a maximum of 36 hours before we go down again.

i keep this post in favorites area to check it soon

Just sharing a prediction, no guarantees  





When the 6hr MACD goes red, its down again. 36 hours, my friend.

I will check this prediction in 36 hours. I'm very keen to find out how accurate it is.

[ejinte]

Freb/2014:
50 Bitcoin Experts Reveal (Guess) What Bitcoin Will Be Trading At Within The Next 12 Months

May/2014:
Bitcoin vs USD Exchange predictions

who now say the price doesn't matter.

Just Google it

Could you please e-mail this to me, and please call to confirm that I got your e-mail.

Thanks!

[marcus_of_augustus]

bear traps all the way to 2k!

go short now you greedy little bearpigtroll idiots.

[Wekkel]

Wekkel, what do you think about the MACD 12H/1D chart? Why do you believe only 6H chart?

BTC is just oversold

I have no specific thoughts on that. What worries me is that I do not see much whale buyers. The move upwards is very weak, so I expect resumption of the slow grind down with intermediate dumps and pumps. But bulls are invited to step in at any time, though...  

[inca]

bear traps all the way to 2k!

go short now you greedy little bearpigtroll idiots.

Yes. It will take a few stairsteps higher before they work it out.

[mb300sd]

Barry Silbert knows! His syndicate didn't win auction for nothing 

https://twitter.com/barrysilbert/status/557584594523136000

Anyone have full copy/paste? Don't want to create account.

[Erdogan]

Price doesn't matter .... unless it advances. In which case it changes everything. 

[ShroomsKit]

I knew that these low prices were artifical. Wall Street is around the corner. Time to get leveraged all-in again asap.

Yes. Wallstreet is about to get in. 2 weeks.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[ElectricMucus]

I knew that these low prices were artifical. Wall Street is around the corner. Time to get leveraged all-in again asap.

Yes. Wallstreet is about to get in. 2 weeks.

lol

[Chef Ramsay]

Barry Silbert knows! His syndicate didn't win auction for nothing 

https://twitter.com/barrysilbert/status/557584594523136000

Anyone have full copy/paste? Don't want to create account.

Bitcoin + Wall Street (literally), as predicted:
http://www.wsj.com/articles/coinbase-raises-75-million-in-funding-round-1421762403

and picture of bitcoin accepted here window front

[tarmi]

yea, those fuckers know where the money is: exchange and trading fees.

bitcoin price? who cares? we can charge fees for every transaction even if bitcoin is trading at 10 $.

and btw I am with wekkel on this one. we didnt manage to make a decent V shape recovery after 3 days. weak, very beak.

[mmitech]

yea, those fuckers know where the money is: exchange and trading fees.

bitcoin price? who cares? we can charge fees for every transaction even if bitcoin is trading at 10 $.

Bravo... is this so hard to understand? Bitcoin will do the same job regardless the price, so why not eliminate the risk of the crazy volatility by investing in a company that makes money from these hopeless delusional libertarians.

Edit: Beside, even if Bitcoin fails and if we get a Bitcoin 2.0, these companies will still operate, while Bitcoin bag holders will lose it all.

[JorgeStolfi]

But you must know better than the people over at NYSE, Citigroup, BBVA, USAA and NTT. After all, you are a Sr. Member now.

My ego is bursting. How many of you have a personal troll?

Fonsie, is that you?  I seem to recognize the personality and the peculiar obsession (not to mention the bizarre idea of creating an account that is a poor parody of a "troll" account).

[findftp]

yea, those fuckers know where the money is: exchange and trading fees.

bitcoin price? who cares? we can charge fees for every transaction even if bitcoin is trading at 10 $.

Bravo... is this so hard to understand? Bitcoin will do the same job regardless the price

Right on many things, except for liquidity.
How would you ever want to do a transaction bigger than the current market cap with current prices?

[JorgeStolfi]

Barry Silbert knows! His syndicate didn't win auction for nothing  
https://twitter.com/barrysilbert/status/557584594523136000

His syndicate was just a way for small bidders to bid at the auction.  Secondmarket just collected their bids and packaged them into the 2000-3000 BTC lots.  Neither he nor SecondMarket placed bids of their own at the auction.  They just collected the 1% fee from those bidders who won.

[BlindMayorBitcorn]

Barry Silbert knows! His syndicate didn't win auction for nothing  
https://twitter.com/barrysilbert/status/557584594523136000

His syndicate was just a way for small bidders to bid at the auction.  Secondmarket just collected their bids and packaged them into the 2000-3000 BTC lots.  Neither he nor SecondMarket placed bids of their own at the auction.  They just collected the 1% fee from those bidders who won.

Only people winning now with Bitcoin are middle-men

[Chef Ramsay]

yea, those fuckers know where the money is: exchange and trading fees.

bitcoin price? who cares? we can charge fees for every transaction even if bitcoin is trading at 10 $.

Bravo... is this so hard to understand? Bitcoin will do the same job regardless the price, so why not eliminate the risk of the crazy volatility by investing in a company that makes money from these hopeless delusional libertarians.

Edit: Beside, even if Bitcoin fails and if we get a Bitcoin 2.0, these companies will still operate, while Bitcoin bag holders will lose it all.

But, they'll get a lot more fees if the price is going up signifying that demand is increasing. If you look at Coinbase's statement today, they're looking to break into 11 more countries before the year's end, India being on their list. So, growing demand for bitcoin outside of the current buyers is what they're aiming for and undoubtedly that leads to an increase in pricing. As is, they're doing fine but I doubt the intent of them getting this extra 75 mill was to keep going as is, nor would the investors' intent be the same thing. This all shows that their expansion to new markets will add to a growing demand for the coin and thus continually increasing the price.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation