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Question: How low will we go before we see $10K again?
<$8,000 - 24 (38.7%)
$8,000-8,200 - 7 (11.3%)
$8,200-$8,400 - 2 (3.2%)
$8,400-$8,600 - 16 (25.8%)
$8,600-$8,800 - 6 (9.7%)
$8,800-$9,000 - 7 (11.3%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21538188 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. (142 posts by 32 users deleted.)
ChartBuddy
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March 23, 2015, 11:58:53 AM

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griffinriz
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March 23, 2015, 12:08:34 PM

it would be great to reach 300 this week.
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March 23, 2015, 12:30:36 PM

it would be great to reach 300 this week.

Would be great but I'm losing optimism atm.
Getting a bit despondent with BTC lately.
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March 23, 2015, 12:37:10 PM

it would be great to reach 300 this week.

Would be great but I'm losing optimism atm.
Getting a bit despondent with BTC lately.
You're probably tired. Find a way to recharge your batteries.
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March 23, 2015, 12:48:31 PM
Last edit: March 23, 2015, 01:37:37 PM by Mervyn_Pumpkinhead

Speculators don't want to pump BTC because of the known selling pressure that starts at around 400$, when all the miners of 2014 will finally start to see some ROI.
And that's only the selling pressure that is known. There are still loads of coins out there that have been stolen and that's fate is unknown. For instance, there is still absolutely no information about the 600k mtgox coins that went missing. No one can be sure if these coins are still out there or not, and if they are, then what is planned for these coins. Lack of public interest for this crucial piece of information only show how immature the bitcoin market really is.

Anyway, for smarter speculators with more money to play with, it would make no sense to try to push through all that selling pressure. It makes more sense to just wait it out till bitcoin falls to depths (single digits) that will clear all this selling pressure buffer, and then make your move. Of course, it would make even more sense to start promoting a new and better crypto, that's market is less tainted and that's technical properties are more advanced. But because bitcoin is driven more by religious aspects, not by practicality, then I'm not certain if common sense will prevail.
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March 23, 2015, 12:48:36 PM

it would be great to reach 300 this week.

Would be great but I'm losing optimism atm.
Getting a bit despondent with BTC lately.
You're probably tired. Find a way to recharge your batteries.

It's called fatigue or exhaustion for both long and short positions.

Take a break, maybe a week or 2, wait for any developments, then come back once you're refreshed.
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March 23, 2015, 12:50:33 PM

Yes, sometimes you just need to close charts for a few days Wink
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March 23, 2015, 12:56:13 PM

Speculators don't want to pump BTC because of the known selling pressure that starts at around 400$, when all the miners of 2014 will finally start to see some ROI.
And that's only the selling pressure that is known. There are still loads of coins out there that have been stolen and that's fate is unknown. For instance, there is still absolutely no information about the 600k mtgox coins that went missing. No one can be sure if these coins are still out there or not, and if they are, then what is planned for these coins. Lack of public interest for this crucial piece of information only show how immature the bitcoin market really is.

Anyway, for smarter speculators with more money to play with, it would make no sense to try to push through all that selling pressure. It makes more sense to just wait it out till bitcoin falls to depths (single digits) that will clear all this selling pressure buffer, and then make your move. But of course, it would make even more sense to start promoting a new and better crypto, that's market is less tainted and that's technical properties are more advanced. But because bitcoin is driven more by religious aspects, not by practicality, then I'm not certain if common sense will prevail.

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March 23, 2015, 12:58:52 PM

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March 23, 2015, 01:08:22 PM

it would be great to reach 300 this week.

Just keep buying until the price hits $300--that always works.
If not enough $$ to buy through order books, convince family/trusting friends to buy BTC.
If family/friends no longer trust you, buy some CC on carder forum -> buy BTC.
If all else fails, become a camwhore.  MRKLYE, your fellow BTC financier, would have done just that, but gambled away the money on JustDice instead.  Shit happens.

Bitcoin--the groundbreaking revolutionary game-changer, our very own nuclear hovercraft to the crumbling horse-and-buggy banks of yesteryear, our shiny black swan technology on the very tippity-tipping point of disrupting their outmoded fiat right up the butt.
Bitcoin is Freedom!

Now, how many would you like?

http://s16.postimg.org/kzbhe4jv9/chinese_posters_1.gif
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March 23, 2015, 01:15:10 PM

it would be great to reach 300 this week.

Would be great but I'm losing optimism atm.
Getting a bit despondent with BTC lately.
You're probably tired. Find a way to recharge your batteries.

It's called fatigue or exhaustion for both long and short positions.

Take a break, maybe a week or 2, wait for any developments, then come back once you're refreshed.
+1

It's very real. If you ignore it you risk digging yourself deeper and develop a mental aversion, or worse. Go out and check out the latest trends in mini skirts with a good friend.
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March 23, 2015, 01:16:52 PM

...
Getting a bit despondent with BTC lately.
You're probably tired...

It's called fatigue or exhaustion...
...

No, it's called a taste of sobriety.
Bitcoiners Pseudonymous--you don't need to hit rock-bottom.
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March 23, 2015, 01:44:07 PM

Just keep buying until the price hits $300--that always works.
If not enough $$ to buy through order books, convince family/trusting friends to buy BTC.
If family/friends no longer trust you, buy some CC on carder forum -> buy BTC.

Sounds like PONZI SHIT.
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March 23, 2015, 01:52:57 PM

Just keep buying until the price hits $300--that always works.
If not enough $$ to buy through order books, convince family/trusting friends to buy BTC.
If family/friends no longer trust you, buy some CC on carder forum -> buy BTC.

Sounds like PONZI SHIT.

False.  Allow me to quote Bitcoin Wiki:
"In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee."-- https://en.bitcoin.it/wiki/Myths#It.27s_a_giant_ponzi_scheme

Though Satoshi & second-tier investors have made money from lower-tier investors, no explicit promises of profits were made.*

*By Satoshi that is.  Plenty made by second-tier, a.k.a. "Early Adopters."
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March 23, 2015, 01:54:30 PM

Just keep buying until the price hits $300--that always works.
If not enough $$ to buy through order books, convince family/trusting friends to buy BTC.
If family/friends no longer trust you, buy some CC on carder forum -> buy BTC.

Sounds like PONZI SHIT.

False.  Allow me to quote Bitcoin Wiki:
"In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee."-- https://en.bitcoin.it/wiki/Myths#It.27s_a_giant_ponzi_scheme


lel

who wrote that? that kinda sounds worse than buying a lottery ticket.

cmon bulls! push it up a little bit!
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March 23, 2015, 01:58:56 PM

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barbs
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March 23, 2015, 01:59:05 PM

Should see a nice bounce off 200
dakota neat
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March 23, 2015, 02:03:45 PM

It makes more sense to just wait it out till bitcoin falls to depths (single digits) that will clear all this selling pressure buffer, and then make your move.

you are lucky that stupidity doesn't hurt
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March 23, 2015, 02:10:51 PM

Just keep buying until the price hits $300--that always works.
If not enough $$ to buy through order books, convince family/trusting friends to buy BTC.
If family/friends no longer trust you, buy some CC on carder forum -> buy BTC.

Sounds like PONZI SHIT.

Wonderful idea. Why suffer alone when you can drag as many people as possible down with you? Everyone feels like less of an idiot when you're in it together.

tarmi
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March 23, 2015, 02:11:35 PM

It makes more sense to just wait it out till bitcoin falls to depths (single digits) that will clear all this selling pressure buffer, and then make your move.

you are lucky that stupidity doesn't hurt


actually it does.

but the real question is who is stupid? he who thinks that this will crash & burn or people borrowing money to buy this.
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