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

[Shatoshi]

Wow, glad I closed my long this morning and opened a short.  Time to make back what I lost on my dumb long.

[fonsie]

Does anybody know if there is/was a forum where you could go 24/7 to tell pre-ipo facebook investors that their investment is a fad, because nobody would be using it, because they could meet their friends in real life or sms/call them, and tell those investors every second of the the day that somebody did not update their facebook status so it was probably dying?

I wonder... or does somebody have some other nice ideas where I could go waste my entire day telling people that whatever they are doing is a fad because I like to tell them that just for my entertainment.

Perhaps 99% of the trolls around here, or the 1 troll, don't know anymore, is actually one of those people that even makes a facebook post when he went to the bathroom to do peepee.  

[fonsie]

I'm bored already, worst dump eva.

Good evening fellow bitcoiners and lovely trolls.

[_javi_]

nonsense dump.
maybe stolen coins.

[Fatman3001]

What do you do to get this guy airborn?
Is there some kind of light signal?



        Super Draper

[12345mm]

with bitcoins you get to stare at some numbers on your computer screen as you lose your money ...

the cool thing about dollars is if you light them on fire and burn them , you get heat as you lose your money ...

they can also be used for paper machet , toilet paper , or as something to write on ...

and if you're the creative type you can make origami or a paper airplane ...

plus you can roll them into a straw for doing coke off of hookers ...

there's literally hundreds of uses for them !

also ... yknow ... they're accepted as legal tender everywhere in the u.s. and most other countries , can be sent anywhere on earth with relative ease and minimal expense , don't fluctuate wildly in value , can't be hacked out of your federally insured bank account or out of your safe welded into the floor of your garage , and haven't lost 82% of their value in a little over a year ...

fuck this fucking pyramid ...

[sAt0sHiFanClub]

Leadership structure you've asked, although it's surprising you already don't know it if you follow the discussions on Github and on #bitcoin-dev IRC channel, where things are mostly discussed: Gavin Andresen delegated day-to-day code maintenance to Wladimir J. van der Laan, who is official code maintainer since last year. Gavin role is now more as chief scientist, doing new & long term code features not implemented in the current release. There are also a handful of guys like Pieter Wuille, Greg Maxwell & Jeff Garzik whose opinion is considered about every major issue if some code change is accepted or not. . Their word is final, and yes I think that's much better then any other system based on what BF board thinks is good for Bitcoin.

This is just maintaining/development of code base. Bitcoin is a lot more than code. I'm CTO of a firm that produces nothing but software, yet only 25% of employees and 20% of the board are developers. The rest are from accounting, sales, legal and marketing backgrounds. Thats what makes a business succeed.

There's nothing Bitcoin Foundation can say or do which can make these five guys change their minds about some code change in Bitcoin

Thankfully for the future of Bitcoin, i believe this to be untrue. Gavin and Greg, et al. are nothing if not pragmatic in their approach to policy. Its why things work at all.

[serpicodk]

I'm bored already, worst dump eva.

Good evening fellow bitcoiners and lovely trolls.

It is so funny to see when after each dump which takes the price down even more, you guys pretend that it is just a small and unimportant market move. 

[Dump3er]

I'm bored already, worst dump eva.

Good evening fellow bitcoiners and lovely trolls.

It is so funny to see when after each dump which takes the price down even more, you guys pretend that it is just a small and unimportant market move.  

Dont be rude with them, they have a hard time.

Better post some hug-gifs...

[hyphymikey]

Instead of stacking all those coins on the ask side to $300, why don't you just dump them and bring us to single digits?

Oh wait, those asks aren't real, I forgot. Sorry.

Edit: If they are in fact real, oh please mighty bear whale, bring us single digit coins. I will gladly buy more than I've ever bought before.

[AlexGR]

I honestly think bitcoin is going to be done within 2-3 years.
These price slumps just aren't sustainable.
Who is going to be interested in an asset that's constantly losing value.

I'm a HODLER but I fear for bitcoin.

You think that most national currencies, outside of EUR, GBP, USD, CHF etc, are "sustainable"? Some countries experience severe currency devaluation like 10-20-30% or more per year. Gold, silver, bitcoins, even mechanic or electronic equipment can be a "parachute" to inflation and devaluation.

The price also doesn't matter in transactions that have to do with individuals outside the banking system. For example if a kid wants to sell his game account or a game item to an online friend of him, he can use bitcoin to the equivalent price-target. Say the kid asks 1000$ for the game account in bitcoins... whether it's 1 BTC = 1000$, or 4 BTC = 1000$ (BTC = 250$), it doesn't matter.

Then the kid can spend this 1000$ (in Bitcoins) through the online retailers, or make it fiat or gold/silver through retailers that accept BTC if he is fearful that the price might slide. But the transaction will be at the appropriate value.

[RWeItc]

I'm bored already, worst dump eva.

Good evening fellow bitcoiners and lovely trolls.

It is so funny to see when after each dump which takes the price down even more, you guys pretend that it is just a small and unimportant market move. 

That's what bulltards have to act until the final capitulation at $0, they need to cheat more average joes and sell bags before it's too late too

[Dump3er]

When price breaks below 210 things will accelarate and terminate this slow blooding...

[lemmyK]

Sorry for the inconvenience.

- Normal service should be resumed in a moment. -

http://www.coindesk.com/price/

[Dump3er]

He deserves respect! Let us praise our Trading-Guru...

[12345mm]

I have a strong feeling many of the people posting here should rightly be institutionalized or heavily medicated , or will need to be eventually , as a direct result of involvement in BTC.

On a related note , I had a bitcoin nightmare last night , so I'm pretty sure I'm losing my mind.

It was a dream of looking at bitcoinwisdom , and there were a couple of notable differences , new exchanges that don't exist currently - WALL STREET and PANAMA - price was in the thousands but then it all went to hell - the books were cleared down to 0 as the markets all flash crashed and cascaded and it happened in minutes it couldn't be stopped Satoshi was cashing out and all the trollboxes were nothing but expletives then the screen turned red and the alarms wouldn't turn off then I woke up in a panic ... yeah ... 

am concerned the matrix is broken / i may be a prophet

[sAt0sHiFanClub]

This is how a Bitcoin Baron looks like



I'd totally smash him

Ah, go easy on him, his dad was seriously stabbed recently. It must be tough for him.

Mind you, being arrested for having an OS that hackers use is a bit like being arrested for driving an Audi because someone used one as a getaway car previously.

[EpStROM]

RIP BITCOIN 2008-2015

[ChartBuddy]

Coin
Explanation

[damiano]

When China wakes up, do you think they will show us up with a bigger dump?