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

[macsga]

Was kind of hoping NLC would go there. Then again I'd hate to lose some of the sharper heads. Worst case scenario is that the troll cave/WO thread will become a Bitcoin Bier und Blasen.

Beer und blasen ist gut fur mich.

Skål!!!!

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[alesx.onfire]

can we expect a dump, at this point?
(again?)

[12345mm]

Good news everybody ! My doc put me on valium prozac and torodol ! Plus I'm still drinking ! So I looooove all of you ! Also I no longer care about money or material possessions ! I'm gonna buy a sailboat and find some palm trees some place to string up my hammock ! (i have some really nice incredibly soft hand made hammocks from belize) I'll hang onto my bitcoin and live on my beach until I'm rich or a beach bum hippie ! Yay bitcoin and yay fiat and all of the people of earth hold hands and sing together ! LA lal la la lal lalallalal la !

[ChartBuddy]

Coin
Explanation

[BlindMayorBitcorn]

Good news everybody ! My doc put me on valium prozac and torodol ! Plus I'm still drinking ! So I looooove all of you ! Also I no longer care about money or material possessions ! I'm gonna buy a sailboat and find some palm trees some place to string up my hammock ! (i have some really nice incredibly soft hand made hammocks from belize) I'll hang onto my bitcoin and live on my beach until I'm rich or a beach bum hippie ! Yay bitcoin and yay fiat and all of the people of earth hold hands and sing together ! LA lal la la lal lalallalal la !

 

[adamstgBit]

We are, pretty much, right on track. If you look from the bottom recovery a few months ago, and draw an averaging line, we have hit above, and now below, that line. If we continue up, we'll be 100% right on track to another bull swing.

I hear you brother

To play devil's advocate, I can honestly say that the price is going nowhere without a 'push' higher from some high net worth people.  It certainly won't come from Joe Public, as all they have to do is look at a 15 month old price chart and go "Eh, oh hell no!  No sign of life, and might still be falling further."  

We need an uptrend to show on the charts for many more months, maybe a year, before Joe Public starts to take interest again.  Or we need a surprise pump that catches people off-guard (like in 2011, and Jan 2013).

Sad but true.

i disagree
i have lots of friends that i've been informing about bitcoin for a while now, none of them bought, they all wish they did, and they've been thinking of buying ever since the bubble, but we're fearful of buying because i was saying things like
"bear market"
I've told them it was a good buy at 400, months ago, but they didn't buy.
its one thing to say I'll buy some, and its an other thing to actually set up an account get verified and transfer money
I bet if i pushed a little i could get them to buy a few off me right now,
I keep telling them to make an account and buy in slowly, but this is to difficult for them, i'll have to be there dealer.
I plan to show them the "use bitcoin anywhere paypass is accepted" thing ( I should have a account of that when beta is ready )
they will see first hand how easy it is to buy stuff with bitcoin, by then the bull market will be self evident, i figure i can easily get them buying 300-400$ coins at that point. ( which is a very nice entry point if you ask me, 32,000$ in < 2 years poeple...)

the things i do to make sure my friends make sound investment decisions... unbelieveable.

[empowering]

Good news everybody ! My doc put me on valium prozac and torodol ! Plus I'm still drinking ! So I looooove all of you ! Also I no longer care about money or material possessions ! I'm gonna buy a sailboat and find some palm trees some place to string up my hammock ! (i have some really nice incredibly soft hand made hammocks from belize) I'll hang onto my bitcoin and live on my beach until I'm rich or a beach bum hippie ! Yay bitcoin and yay fiat and all of the people of earth hold hands and sing together ! LA lal la la lal lalallalal la !

ahhhhhhhhh

[adamstgBit]

Good news everybody ! My doc put me on valium prozac and torodol ! Plus I'm still drinking ! So I looooove all of you ! Also I no longer care about money or material possessions !
...

i imagine this is the case for a gr8 number of bitcoiners these days...

bullish?

[damiano]

can we expect a dump, at this point?
(again?)

I'm leaning yes. 

We got here from 3k shorts closing (mistake? or ones being closed from being open much higher) and the drop from 1k longs closing.  Plus there was some buying (manipulation?).  Bitfinex bulls are addicted to margin and I find it hard to believe this was fresh fiat sitting around jumping in (no longs opened)

Just the whales playing ping pong

This is however my opinion and others might not agree, but if anyone has better insight or understanding please chime in

[Fatman3001]

Was kind of hoping NLC would go there. Then again I'd hate to lose some of the sharper heads. Worst case scenario is that the troll cave/WO thread will become a Bitcoin Bier und Blasen.

Beer und blasen ist gut fur mich.

Skål!!!!

Es ist gut für alles!

[adamstgBit]

can we expect a dump, at this point?
(again?)

I'm leaning yes. 

We got here from 3k shorts closing (mistake? or ones being closed from being open much higher) and the drop from 1k longs closing.  Plus there was some buying (manipulation?).  Bitfinex bulls are addicted to margin and I find it hard to believe this was fresh fiat sitting around jumping in (no longs opened)

Just the whales playing ping pong

This is however my opinion and others might not agree, but if anyone has better insight or understanding please chime in

took more than 3K coins to push the price up, and longs are actually down, feels like fresh fiat jumping in to me..

[JorgeStolfi]

http://www.coindesk.com/secondmarket-bitcoin-desk-genesis-trading/?utm_content=buffer60745&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
http://genesistrading.com/
Barry is ahead of twins again   It is not exchange, but they are regulated and so...

Why is the price chart on the back wall reversed left-right?  

EDIT: Also you can tell that the company just started operating, because four of the Board members still haven't got their standard coffee mugs.

[8up]

We are, pretty much, right on track. If you look from the bottom recovery a few months ago, and draw an averaging line, we have hit above, and now below, that line. If we continue up, we'll be 100% right on track to another bull swing.

I hear you brother

To play devil's advocate, I can honestly say that the price is going nowhere without a 'push' higher from some high net worth people.  It certainly won't come from Joe Public, as all they have to do is look at a 15 month old price chart and go "Eh, oh hell no!  No sign of life, and might still be falling further."  

We need an uptrend to show on the charts for many more months, maybe a year, before Joe Public starts to take interest again.  Or we need a surprise pump that catches people off-guard (like in 2011, and Jan 2013).

Sad but true.

i disagree
i have lots of friends that i've been informing about bitcoin for a while now, none of them bought, they all wish they did, and they've been thinking of buying ever since the bubble, but we're fearful of buying because i was saying things like
"bear market"
I've told them it was a good buy at 400, months ago, but they didn't buy.
its one thing to say I'll buy some, and its an other thing to actually set up an account get verified and transfer money
I bet if i pushed a little i could get them to buy a few off me right now,
I keep telling them to make an account and buy in slowly, but this is to difficult for them, i'll have to be there dealer.
I plan to show them the "use bitcoin anywhere paypass is accepted" thing ( I should have a account of that when beta is ready )
they will see first hand how easy it is to buy stuff with bitcoin, by then the bull market will be self evident, i figure i can easily get them buying 300-400$ coins at that point. ( which is a very nice entry point if you ask me, 32,000$ in < 2 years poeple...)

the things i do to make sure my friends make sound investment decisions... unbelieveable.

I talked to many friends about bitcoin. All of them are curious. No one is against bitcoin at least. They just have no use case atm. Or as you say, they think the time to make money with bitcoin is over. Luckily for them I already bought some coins for them, that I will distribute to them freely in 2 or 3 years.

[kaykawa]

@225 the whole day in BTC-e

[SkyValeey]

lol ah the nostalgia. I wasn't even lurking these forums then, that didn't start until 2012! And people getting in now I still consider to be early adopters.

Even more nostalgia: https://bitcointalk.org/index.php?topic=5430.0

called it. price is at .72usd and rising. I think the price of .90 by the end of the week is right on the money.

[12345mm]

Good news everybody ! My doc put me on valium prozac and torodol ! Plus I'm still drinking ! So I looooove all of you ! Also I no longer care about money or material possessions ! I'm gonna buy a sailboat and find some palm trees some place to string up my hammock ! (i have some really nice incredibly soft hand made hammocks from belize) I'll hang onto my bitcoin and live on my beach until I'm rich or a beach bum hippie ! Yay bitcoin and yay fiat and all of the people of earth hold hands and sing together ! LA lal la la lal lalallalal la !

 

also i picked up 5 extra coin at sub 220 so yay i *think* that may be bottom i dunno what my cost average is but its goooooood ... if we go above 300 i get to be a perma bull ... love that simpsons episode ... zoked out bruns was awesome ... gotta say my favorite is when homer eats the guatamalan insanity peppers of quatzatangatononga at the chili festival though ! life is beautiful and short and you all are crazy to care about money so much !

[BlindMayorBitcorn]

Now go find your soul mate!

[hodlmybtc]

Need more fiat to dump

[Fatman3001]

Now go find your soul mate!

[12345mm]

Now go find your soul mate!

aaaand homers search for a soul mate yeilds a lighthouse keeping robot !