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

[ChartBuddy]

Coin
Explanation

[LFC_Bitcoin]

Ask yourself why anyone would dedicate a considerable amount of their time to passionately ranting about something that they believe is doomed to failure.  For hours, daily.  Some have been doing it for months, years even.

I mean I'm pretty sure that, sadly, Mars One won't have anyone arriving on Mars before 2028, as is their stated goal.  But I'm not going to spend thousands of hours trolling their forums because I hold that opinion.  In fact, if I'm proved wrong I'd be thrilled.  In the meantime it, naturally enough, simply doesn't cross my mind very much.

So we turn to Bitcoin where the forums are trolled quite disproportionately and we ask ourselves why these people are here.  Consistent, vociferous and prolific.  Why aren't they getting on with their lives, checking in every so often to see whether they've been vindicated?

One has to wonder.  And not long after you begin to wonder you develop some circumstantial suspicions, shrug and move on with your life.  Let them waste theirs - don't let them waste yours.

Loneliness?
Self hatred?
Depression?

Who knows.

It is fucking pathetic though, that's for sure.

[Robert Paulson]

when your fucking with one of the most important things in life, the monetary system some people will panic and try to defend the old ways.

[Dump3er]

Bears are quiet since you Bulls managed to rise to 260?

Oh dear, please...price is now ~600 below my average sell price (even ignoring shorts and leverage) You guys make me tremble with your 10$ pumps within the 200+

Is it that you folks are hodling since ~1150$, so each 10$ has to relive your wet dreams?

[Cconvert2G36]

Bears are quiet since you Bulls managed to rise to 260?

Oh dear, please...price is now ~600 below my average sell price (even ignoring shorts and leverage) You guys make me tremble with your 10$ pumps within the 200+

Is it that you folks are hodling since ~1150$, so each 10$ has to relive your wet dreams?

[inca]

Bears are quiet since you Bulls managed to rise to 260?

Yes. You have it exactly.

Unlike you and I, they are playing with leverage so a rising price means losing money

Nice one on your trade. But it doesn't sound like you are back in yet. What you waiting for, the exp trend line to break?

[Dump3er]

But it doesn't sound like you are back in yet. What you waiting for, the exp trend line to break?

At least breaking 315. All prices below are (nearly) meaningless. Same for prices above 210. Within this range I only trade with peanuts and wouldn't dream of trading with leverage.

[RealMalatesta]

Could it be that this here is inspiring some investors:

http://www.wsj.com/articles/big-investor-involvement-could-boost-bitcoin-1428259814

EDIT:

And maybe together with this:

http://blogs.wsj.com/cio/2015/04/05/bny-mellon-explores-bitcoins-potential/

[Wandererfromthenorth]

While bearish larger picture still intact for now, watch your asses for $270-$280 (if it doesn't just dump right now).

$255 is breaking but it needs more volume. I wouldn't trade against this little rise.
$275-$280 is a possibility for this pump.

Asks on almost all exchanges going down for now (usually means the pump is not over), bids increasing a little but overall still very low.

[hyphymikey]

Shorts rising, Longs flat.

[Fatman3001]

Shorts rising, Longs flat.

26k shorts. Hmmm... things better go their way soon or they might freak out. In which case: ka-ching!

[criptix]

Bears are quiet since you Bulls managed to rise to 260?

Oh dear, please...price is now ~600 below my average sell price (even ignoring shorts and leverage) You guys make me tremble with your 10$ pumps within the 200+

Is it that you folks are hodling since ~1150$, so each 10$ has to relive your wet dreams?

wake up bro



 

[inca]

But it doesn't sound like you are back in yet. What you waiting for, the exp trend line to break?

At least breaking 315. All prices below are (nearly) meaningless. Same for prices above 210. Within this range I only trade with peanuts and wouldn't dream of trading with leverage.

Fair enough. Sensible. I probably should have dumped during q1 2014. Still I bought in a lot lower with most my coins so its OK. I have been accumulating heavily since we breached 300.

My assumption is bitcoin has at least one more bubble in it even if it fails as an alternative private currency.

[ChartBuddy]

Coin
Explanation

[Cconvert2G36]

My assumption is bitcoin has at least one more bubble in it even if it fails as an alternative private currency.

Not exactly a ringing endorsement from one of the biggest bulls around these parts... Just one more spike to unload your bags?

[paul2000]

Ask yourself why anyone would dedicate a considerable amount of their time to passionately ranting about something that they believe is doomed to failure.  For hours, daily.  Some have been doing it for months, years even.

I mean I'm pretty sure that, sadly, Mars One won't have anyone arriving on Mars before 2028, as is their stated goal.  But I'm not going to spend thousands of hours trolling their forums because I hold that opinion.  In fact, if I'm proved wrong I'd be thrilled.  In the meantime it, naturally enough, simply doesn't cross my mind very much.

So we turn to Bitcoin where the forums are trolled quite disproportionately and we ask ourselves why these people are here.  Consistent, vociferous and prolific.  Why aren't they getting on with their lives, checking in every so often to see whether they've been vindicated?

One has to wonder.  And not long after you begin to wonder you develop some circumstantial suspicions, shrug and move on with your life.  Let them waste theirs - don't let them waste yours.

The difference with Bitcoin is:

1. There are people that don't have the balls to get in the new thing, but at the same time their worst fear is that this thing could go to the moon and they've missed the train. So their only chance is to troll. Pathetic.

2. People are trolling because they fear change, especially in connection with technology they don't understand. Pathetic.

3. With Bitcoin some people think, it might be profitable to pay trolls. With bitcoins of course ;-) Pathetic.

For me trolls are no problem, after 1 line of trolling I push the button

[galdur]

Well, I certainly hope they keep on piling on the shorts. Absolutely the more the better.

http://www.wsj.com/articles/big-investor-involvement-could-boost-bitcoin-1428259814

http://blogs.wsj.com/cio/2015/04/05/bny-mellon-explores-bitcoins-potential/

[Sitarow]

[criptix]

Ask yourself why anyone would dedicate a considerable amount of their time to passionately ranting about something that they believe is doomed to failure.  For hours, daily.  Some have been doing it for months, years even.

I mean I'm pretty sure that, sadly, Mars One won't have anyone arriving on Mars before 2028, as is their stated goal.  But I'm not going to spend thousands of hours trolling their forums because I hold that opinion.  In fact, if I'm proved wrong I'd be thrilled.  In the meantime it, naturally enough, simply doesn't cross my mind very much.

So we turn to Bitcoin where the forums are trolled quite disproportionately and we ask ourselves why these people are here.  Consistent, vociferous and prolific.  Why aren't they getting on with their lives, checking in every so often to see whether they've been vindicated?

One has to wonder.  And not long after you begin to wonder you develop some circumstantial suspicions, shrug and move on with your life.  Let them waste theirs - don't let them waste yours.

The difference with Bitcoin is:

1. There are people that don't have the balls to get in the new thing, but at the same time their worst fear is that this thing could go to the moon and they've missed the train. So their only chance is to troll. Pathetic.

2. People are trolling because they fear change, especially in connection with technology they don't understand. Pathetic.

3. With Bitcoin some people think, it might be profitable to pay trolls. With bitcoins of course ;-) Pathetic.

For me trolls are no problem, after 1 line of trolling I push the button

4. pure altruism, people just do it because they wanna save you(r money).

 

[Meuh6879]

220$ at wednesday.