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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21328456 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. (104 posts by 20 users deleted.)
Ezmoneyezlife
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April 09, 2015, 02:55:10 PM

Is $235 considered doom nowadays?  Huh Huh

You would think, since we touched this level 3 times in the past month alone, the bears would just give a shrug instead celebrating like we're at penny BTC already...


about doom....I really dont care, just >


THAT'S what capitulation looks like!

Not here, not now.  Also volume would be a lot higher.  

Bid side is very weak as well, although it could be bulls trying for a trap.  I still think were heading lower.

Its not bulls, m8, its chinese bots from goxobi and okgox, every shitty bulltrap or beartrap comes from those shitty exchanges, others just follow, thats how those PnD schemes work, everytime people just follow chinese wash volume created by the bots, its a retarded game.

This game only works in the short term though.
Anybody who HODL's for 5-10 years wins imo.
Yep! Just hold btc and you're will be fine even at the end of this year with >1000$ per btc, BUT btc has to retest sub 200$ its inevitable, its not about bear rage and stuff, just look at the charts and incoming next auction, fucking chinese just playing their PnD games everytime stealing $ or BTC from traders who follow their shitty manipulations, its so sad that btc price is being controled by some assholes but nothing we can do with it.
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dreamspark
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April 09, 2015, 02:55:27 PM

What a joke, moderator deletes comments mentioning any alts yet lets sock puppet after sock puppet post rubbish all day long.
Fatman3001
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April 09, 2015, 02:55:40 PM

Is $235 considered doom nowadays?  Huh Huh

You would think, since we touched this level 3 times in the past month alone, the bears would just give a shrug instead celebrating like we're at penny BTC already...


about doom....I really dont care, just >


THAT'S what capitulation looks like!

Not here, not now.  Also volume would be a lot higher. 

Bid side is very weak as well, although it could be bulls trying for a trap.  I still think were heading lower.

sry, was just carried away by his tiny semi-admission.
Fatman3001
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April 09, 2015, 02:57:59 PM

What a joke, moderator deletes comments mentioning any alts yet lets sock puppet after sock puppet post rubbish all day long.

This is the thread where mods troll users. Haven't you noticed that moderators turn into overdrive whenever we get closer to a round page number? This is the bitcointalk zoo.
ChartBuddy
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April 09, 2015, 02:58:32 PM

Coin
Explanation
gizmoh
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April 09, 2015, 02:58:59 PM

What a joke, moderator deletes comments mentioning any alts yet lets sock puppet after sock puppet post rubbish all day long.

Hint: Mods sold long time ago and are short. that's why sock puppets are being tolerated!
bromide
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April 09, 2015, 03:00:45 PM

What a joke, moderator deletes comments mentioning any alts yet lets sock puppet after sock puppet post rubbish all day long.

That's because socks are not against the forum rules.  Folks make money buying and selling accounts, with full forum/mod approval.
The "we ain't doing it to scam" backstory is built on the premise that those accounts are used to spam the forum with signature ad campaigns.
Smiley
LFC_Bitcoin
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April 09, 2015, 03:01:00 PM

What a joke, moderator deletes comments mentioning any alts yet lets sock puppet after sock puppet post rubbish all day long.

Hint: Mods sold long time ago and are short. that's why socks are being tolerated!
Yes most mods are very early adopters & sold ages ago probably making a shit load of cash.
They probably HODL very few BTC & know that BTC could be huge so want the price to crash so they can stock up again.
dreamspark
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April 09, 2015, 03:06:15 PM

What a joke, moderator deletes comments mentioning any alts yet lets sock puppet after sock puppet post rubbish all day long.

That's because socks are not against the forum rules.  Folks make money buying and selling accounts, with full forum/mod approval.
The "we ain't doing it to scam" backstory is built on the premise that those accounts are used to spam the forum with signature ad campaigns.
Smiley

I'm not moaning about there being socks in the first place I'm saying its a joke that my posts would be deleted as presumably off topic but the rubbish the socks and trolls post isn't. This is the de facto anything goes topic and has been for well over a year.
12345mm
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April 09, 2015, 03:08:03 PM

the fun part about the alts is ... they're all priced in btc ... so if btc ultimately fails / severely loses value , so does every single alt coin ...

I'm also not fan of altcoins, but to be the devils' advocate: Altcoins could have a better performance (compared to BTC), so it could make sense to invest in them. Also, there may be an altcoin - at some point in the future - that could prove to be more successful than Bitcoin in general!

in general i agree with that as far as the possibility goes of an alt being more profitable short term than btc ... actually much of my gains have been as a result of alt p&d and mining of alts ... probably my best alt gain i bought 1btc worth of fluttercoin at 100 satoshi and sold out at nearly 3000 satoshi , just barely missing the peak ... it's today trading at less than 100 and the dev abandoned it , as is typical for most of the scam alts ... it's totally fucked trading most of those things ... and the notion that they are long term "investments" is truly a joke ... their bubbles typically last give or take a week , during which time you cannot leave your screen , and ultimately collapse very very quickly ... it's really like playing a game of chicken and you'd better be selling really fast when the eventual collapse inevitably happens ...

* thanks for getting rid of blatant alt shilling in the btc trollbox thread
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April 09, 2015, 03:20:52 PM

What a joke, moderator deletes comments mentioning any alts yet lets sock puppet after sock puppet post rubbish all day long.

That's because socks are not against the forum rules.  Folks make money buying and selling accounts, with full forum/mod approval.
The "we ain't doing it to scam" backstory is built on the premise that those accounts are used to spam the forum with signature ad campaigns.
Smiley

I'm not moaning about there being socks in the first place I'm saying its a joke that my posts would be deleted as presumably off topic but the rubbish the socks and trolls post isn't. This is the de facto anything goes topic and has been for well over a year.

Well, I'm sure they know what's best Smiley
dreamspark
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April 09, 2015, 03:22:11 PM

What a joke, moderator deletes comments mentioning any alts yet lets sock puppet after sock puppet post rubbish all day long.

That's because socks are not against the forum rules.  Folks make money buying and selling accounts, with full forum/mod approval.
The "we ain't doing it to scam" backstory is built on the premise that those accounts are used to spam the forum with signature ad campaigns.
Smiley

I'm not moaning about there being socks in the first place I'm saying its a joke that my posts would be deleted as presumably off topic but the rubbish the socks and trolls post isn't. This is the de facto anything goes topic and has been for well over a year.

Well, I'm sure they know what's best Smiley

Funniest thing I've heard all day, thanks for that  Grin
nioc
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April 09, 2015, 03:23:28 PM

Quote
Question:   245 . Buy Hold or Sell?
Buy   - 33 (37.5%)
Hold   - 25 (28.4%)
Sell   - 30 (34.1%)
Total Voters: 88
And hodl option?

Why not the option of "buy and hodl"?

You can't hodl unless you buy.

I am currently buying btc and trying to hodl as opposed to buying btc and <redacted>.
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April 09, 2015, 03:26:04 PM

the fun part about the alts is ... they're all priced in btc ... so if btc ultimately fails / severely loses value , so does every single alt coin ...

alt are also sucking money from btc which suck money from fiat, alt are another reason why btc price is low, people see alt as a better gambling then bitcoin(faster P&D there) and they invest a lot(well now much less because of all the scam coins released)

market dilution at its finest

Quote
Question:   245 . Buy Hold or Sell?
Buy   - 33 (37.5%)
Hold   - 25 (28.4%)
Sell   - 30 (34.1%)
Total Voters: 88
And hodl option?

Why not the option of "buy and hodl"?

You can't hodl unless you buy.

I am currently buying btc and trying to hodl as opposed to buying btc and <redacted>.

how so? what about early adopter, or who made bitcoin in some "easy way"(not scamming, but i'm referin to gambling or instamining)?
2ndLife
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April 09, 2015, 03:33:34 PM

the fun part about the alts is ... they're all priced in btc ... so if btc ultimately fails / severely loses value , so does every single alt coin ...

If that logic is good, and BTC is priced in USD, then if the USD fails/severely loses value Huh SO WOULD BTC!
And here I was, cheering the doom of that fiat economy... and now I gotta prop up the USD just to keep my BTC alive?
Sad
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April 09, 2015, 03:36:22 PM

new poll

I'm actively buying for some mid term speculation and fun, but in my heart of hearts I am a bag holder.  Grin
12345mm
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April 09, 2015, 03:38:48 PM

the fun part about the alts is ... they're all priced in btc ... so if btc ultimately fails / severely loses value , so does every single alt coin ...

alt are also sucking money from btc which suck money from fiat, alt are another reason why btc price is low, people see alt as a better gambling then bitcoin(faster P&D there) and they invest a lot(well now much less because of all the scam coins released)

market dilution at its finest

mmmm yes kind of ... putting your btc into alts is functionally the same , in terms of effect on the btc market , as simply buying and holding anyway ... the alts simply allow people to give their btc to other people ... that btc doesn't really get destroyed ... if anything btc earmarked for alt trading and set aside for such purpose can be considered to have a beneficial effect on btc price , since it's being held/not sold at this time thus reducing overall selling pressure ...

the fun part about the alts is ... they're all priced in btc ... so if btc ultimately fails / severely loses value , so does every single alt coin ...

If that logic is good, and BTC is priced in USD, if the USD fails/severely loses value Huh SO WOULD BTC!
And here I was, cheering the doom of that fiat economy... and now I gotta prop up the USD just to keep my BTC alive?
Sad

in general , a collapse of value in fiat currency (for example, the u.s. dollar becomes worth 100x less than it's worth today) would have a detrimental effect on the value of btc , since it really wouldn't track the change in value directly since it's not the only alternative store of value - you could expect to see at best perhaps a 50x increase in btc value (on paper) if something like that were to occur - it would still buy you 1/2 as much ... so no ... we should not be cheering for fiat collapse - we need to be cheering for fiat conversion
JorgeStolfi
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April 09, 2015, 03:41:03 PM

There are those who claim Bitcoin was created by the NSA as the ultimate honeypot.  The reasoning goes something like this:

1.  Bitcoin attracts the criminal element <==prima facie, empirically substantiated, currently held axiomatic.
2.  Those attracted to Bitcoin are criminals <==somewhat of a logical leap, but again, shown to be true in 99% of the cases.  Remaining 1% are weirdos who like losing money, so who cares.
4.  Bitcoin is instrumental in fighting crime by impoverishing those who hold it. <==not life-affirming, handicapping the criminal contingent.
5.  What's more, criminals pay for their own demise (arrest->confiscate BTC->sell BTC (to criminals, who else)->rinse->repeat). <==PROFIT!

Bitcoin is best crime-fighting tool ever, Q.E.D. Undecided

No joke.  A year ago, at the NY hearings, the FBI testified that they were not worried about bitcoin, so I read.  To this day, I have not read of anyone from US law enforcement calling for it to be banned.  Not even after the ransomware attacks against government offices.

Objectively, catching Ross Ulbricht must have been much easier than catching a traditional drug dealer, since much of the investigation could have been done remotely, by agents sitting at their desks, with hot coffee and donuts at hand...

Amph
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April 09, 2015, 03:41:10 PM

the fun part about the alts is ... they're all priced in btc ... so if btc ultimately fails / severely loses value , so does every single alt coin ...

If that logic is good, and BTC is priced in USD, then if the USD fails/severely loses value Huh SO WOULD BTC!
And here I was, cheering the doom of that fiat economy... and now I gotta prop up the USD just to keep my BTC alive?
Sad

no, because bitcoin isn't attached only to usd, but to fiat in general, and its value is indipendent anyway, we give value to btc basing on fiat, but if all fiat currencies crash, we can give btc a value based on goods, we don't need fiat actually
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April 09, 2015, 03:43:41 PM

and yes , of course if *all* fiat currencies experience simultaneous collapse alongside *all* commodity markets , leaving no other viable alternative store of value other than btc (a highly unlikely basically apocalyptic fantasy scenario) ... then yes , we would expect the overall value of btc to drastically increase
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