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

[Sitarow]

[BlindMayorBitcorn]

yuuuup sold at 260 as well ... well ... most of my holdings anyway ... sorry folks but when this thing can go up 20% in a day down 10% in 1 hour ... the *entire* value is solely being supported by those with extreme vested interests ... think of it like this ... is it worth it to drop 20K or 50K or 100K into supporting the price $10 higher than current value for an hour or two ... the answer is yes only if you have 2000 5000 or 10000 coins (or more , lots more) ... and that's the only kind of money that makes the market move at all or even stay at status quo ... these people are highly highly btc heavy and will dump lots of dollars in at this point to protect their btc value (which they can't easily liquidate without crashing the market instantly) ... it's a 3 billion market cap market that can be crashed to 0 with one 5 million $ cashout ...

This^

BJA was trying to get the lizard king to sell his castle yesterday

[NotHatinJustTrollin]

Bitcoin price is pumped for one reason, and one reason only: to make dumping lulzier.
You'll grasp that.  Eventually.

So my bitcoins are only worth 10% more than they were worth 2 days ago?

Oh noes

~75% less than it was a year ago, ~50% less than when I first told you this will end in tears

And only 100X higher than when I started BUYING TULIP BULBS

So sad  

WHERE WERE YOU THEN? LAMB CHOP? WHY DIDN'T YOU SAVE ME FROM MY OWN STUPIDITY WHEN TULIP BULBS WERE CHEAP?

 

They are called bubbles. They pump, eventually they crash and don't recover.


Bitcoiners tell everyone that bitcoin is amazing and they should buy them at $500-$1000. Then bitcoin keeps crashing for a year, all they talk about then is how much bitcoin pumped since the old days that are long gone.

You guys are not fun to troll anymore.
Bitcoiners, be sure to cheer for every pump and make fun of the "beartrolls" before the next low.

[damiano]

Yet another hack, down we go again! Sad!

I don't think we will drop past 230

[Fatman3001]

I hate to say it guys, until there is some kind of regulation to help protect your coins from being lost due to security issues, this is slowly going to kill bitcoin. No one will be willing to take the chance atm.

Let's not go overboard. Don't keep your coins at an exchange.

Yeah us with half a brain know this BUT.... I was more or less aiming this at the normal joes in the world. To walk in cold right now and understand the step you need to take to secure you money is confusing. I was confused when I first got into crypto, so that would not be anything different for others.

Of course I got in well before the loss of Gox, and recently there has been way to many losses of thousands of coins that would put up any red flags to an investor who is jumping in.

Hopefully we will get more of the responsible exchanges like Bitstamp and Coinbase. The "happy go lucky" exchanges are a dying breed. You even have companies like ANX who buy wrecked exchanges and fix them up to conform to stricter standards. We are well on our way to a much safer environment.

[shmadz]

Bitcoiners, be sure to cheer for every pump and make fun of the "beartrolls" before the next low.

Thank you for the advice! I await the "next low" with great anticipation!

[12345mm]

yeaaaah it's important to remember that there are like ... a couple thousand people ... like less than 5000 people ... who were involved in bitcoin in the sub $2 land when it was totally unknown when there was zero press zero exchanges zero merchant acceptance zero infrastructure and zero purpose for it ... and there's like now hundreds of thousands of victims investors now ... so it's critically critically important that those people who own tons of btc for zero investment continue to convince everyone else it's worth *anything* at all ... the vast majority of people who are not the core base super early fanatics have lost ... and lost badly ... simple ... obvious ...

This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"

I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their "fair share".

Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)    

Life ain't fair. If you don't like it, tough shit.

Your statement that life is not fair and if people don't like it tough shit is arrogant elitist and offensive. Your other statements on how you wish life were fair come across to me as completely ingenuous. If we ever have a revolution , a real revolution , not the 60s hippy bullshit revolution , people like you (i am *assuming* you are rich) will hang from the lampposts. How about all the workers poor aka the majority of all the people go to city hall pour gas on themselves and flick that lighter ? No more slaves and the elites have their shiny marble covered in burnt guts sounds like how life should be huh ? Fuck you sicko.

[BlindMayorBitcorn]

Yet another hack, down we go again! Sad!

I don't think we will drop past 230

What do you think 7000 coins could do to the books at BTC-e?

[hdbuck]

yeaaaah it's important to remember that there are like ... a couple thousand people ... like less than 5000 people ... who were involved in bitcoin in the sub $2 land when it was totally unknown when there was zero press zero exchanges zero merchant acceptance zero infrastructure and zero purpose for it ... and there's like now hundreds of thousands of victims investors now ... so it's critically critically important that those people who own tons of btc for zero investment continue to convince everyone else it's worth *anything* at all ... the vast majority of people who are not the core base super early fanatics have lost ... and lost badly ... simple ... obvious ...

This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"

I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their "fair share".

Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)    

Life ain't fair. If you don't like it, tough shit.

Your statement that life is not fair and if people don't like it tough shit is arrogant elitist and offensive. Your other statements on how you wish life were fair come across to me as completely ingenuous. If we ever have a revolution , a real revolution , not the 60s hippy bullshit revolution , people like you (i am *assuming* you are rich) will hang from the lampposts. How about all the workers poor aka the majority of all the people go to city hall pour gas on themselves and flick that lighter ? No more slaves and the elites have their shiny marble covered in burnt guts sounds like how life should be huh ? Fuck you sicko.

lul wut?

[Fatman3001]

yeaaaah it's important to remember that there are like ... a couple thousand people ... like less than 5000 people ... who were involved in bitcoin in the sub $2 land when it was totally unknown when there was zero press zero exchanges zero merchant acceptance zero infrastructure and zero purpose for it ... and there's like now hundreds of thousands of victims investors now ... so it's critically critically important that those people who own tons of btc for zero investment continue to convince everyone else it's worth *anything* at all ... the vast majority of people who are not the core base super early fanatics have lost ... and lost badly ... simple ... obvious ...

This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"

I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their "fair share".

Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)    

Life ain't fair. If you don't like it, tough shit.

Your statement that life is not fair and if people don't like it tough shit is arrogant elitist and offensive. Your other statements on how you wish life were fair come across to me as completely ingenuous. If we ever have a revolution , a real revolution , not the 60s hippy bullshit revolution , people like you (i am *assuming* you are rich) will hang from the lampposts. How about all the workers poor aka the majority of all the people go to city hall pour gas on themselves and flick that lighter ? No more slaves and the elites have their shiny marble covered in burnt guts sounds like how life should be huh ? Fuck you sicko.

[Fatman3001]

yeaaaah it's important to remember that there are like ... a couple thousand people ... like less than 5000 people ... who were involved in bitcoin in the sub $2 land when it was totally unknown when there was zero press zero exchanges zero merchant acceptance zero infrastructure and zero purpose for it ... and there's like now hundreds of thousands of victims investors now ... so it's critically critically important that those people who own tons of btc for zero investment continue to convince everyone else it's worth *anything* at all ... the vast majority of people who are not the core base super early fanatics have lost ... and lost badly ... simple ... obvious ...

This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"

I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their "fair share".

Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)    

Life ain't fair. If you don't like it, tough shit.

Your statement that life is not fair and if people don't like it tough shit is arrogant elitist and offensive. Your other statements on how you wish life were fair come across to me as completely ingenuous. If we ever have a revolution , a real revolution , not the 60s hippy bullshit revolution , people like you (i am *assuming* you are rich) will hang from the lampposts. How about all the workers poor aka the majority of all the people go to city hall pour gas on themselves and flick that lighter ? No more slaves and the elites have their shiny marble covered in burnt guts sounds like how life should be huh ? Fuck you sicko.

lul wut?

Americans think gas is a liquid.

[hdbuck]

yeaaaah it's important to remember that there are like ... a couple thousand people ... like less than 5000 people ... who were involved in bitcoin in the sub $2 land when it was totally unknown when there was zero press zero exchanges zero merchant acceptance zero infrastructure and zero purpose for it ... and there's like now hundreds of thousands of victims investors now ... so it's critically critically important that those people who own tons of btc for zero investment continue to convince everyone else it's worth *anything* at all ... the vast majority of people who are not the core base super early fanatics have lost ... and lost badly ... simple ... obvious ...

This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"

I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their "fair share".

Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)   

Life ain't fair. If you don't like it, tough shit.

Your statement that life is not fair and if people don't like it tough shit is arrogant elitist and offensive. Your other statements on how you wish life were fair come across to me as completely ingenuous. If we ever have a revolution , a real revolution , not the 60s hippy bullshit revolution , people like you (i am *assuming* you are rich) will hang from the lampposts. How about all the workers poor aka the majority of all the people go to city hall pour gas on themselves and flick that lighter ? No more slaves and the elites have their shiny marble covered in burnt guts sounds like how life should be huh ? Fuck you sicko.

lul wut?

Americans think gas is a liquid.

[NotLambchop]

[shmadz]

yeaaaah it's important to remember that there are like ... a couple thousand people ... like less than 5000 people ... who were involved in bitcoin in the sub $2 land when it was totally unknown when there was zero press zero exchanges zero merchant acceptance zero infrastructure and zero purpose for it ... and there's like now hundreds of thousands of victims investors now ... so it's critically critically important that those people who own tons of btc for zero investment continue to convince everyone else it's worth *anything* at all ... the vast majority of people who are not the core base super early fanatics have lost ... and lost badly ... simple ... obvious ...

This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"

I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their "fair share".

Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)    

Life ain't fair. If you don't like it, tough shit.

Your statement that life is not fair and if people don't like it tough shit is arrogant elitist and offensive. Your other statements on how you wish life were fair come across to me as completely ingenuous. If we ever have a revolution , a real revolution , not the 60s hippy bullshit revolution , people like you (i am *assuming* you are rich) will hang from the lampposts. How about all the workers poor aka the majority of all the people go to city hall pour gas on themselves and flick that lighter ? No more slaves and the elites have their shiny marble covered in burnt guts sounds like how life should be huh ? Fuck you sicko.

lul wut?

No kidding, that's some crazy projection bro.

[barbs]

bitcoin is NOT a joke

[Wekkel]

Fuck you sicko.

What is your point:

• that rich people must suffer
• that being lucky or successful must be punished

??  

[crazy_rabbit]

So tomorrow all the news outlets will be about another hack, and the price will tank again. Fantastic. 

[BlindMayorBitcorn]

bitcoin is NOT a joke

LOL

[octaft]

This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"

I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their "fair share".

Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)    

Life ain't fair. If you don't like it, tough shit.

Are you really trying to say that buying at <$2 -- and getting insanely, incredibly lucky to make a fortune off this massive bubble -- makes anybody a financial genius? It turned out to be a good decision, but best believe it was mostly lucky.

I'd say the biggest geniuses were the whales who made the "decision" to get the fuck out at the top while the suckers were still willing to buy.

[NotLambchop]

So tomorrow all the news outlets will be about another hack, and the price will tank again. Fantastic.  

It's not Bitcoin's fault!
If the only thing a real bank/exchange had to do to steal was say "sorry brah, we waz hax0rd," real money would be stolen all the time too