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

[Fatman3001]

Why should I believe that bro ? Although I want that for sure.

I might ask you a similar question. Why do you believe that the price won't rise?
I've seen and heard different opinions on my situations especially Grexit. Some are saying that it will have a minor impact on Bitcoin or none, while others are saying the exact opposite. Wouldn't their best bet be Bitcoin and/or gold in case that Grexit actually happens?

I'm pretty sure the price will rise, and I'm not looking for 6 months, 1 year, or 5 years, my target is a decade from now.

But I always like to add reasons for my arsenal.

Bitcoin can't be considered yet to be a safe heaven, even bitcoin enthusiast can't consider it a safe heaven.

Plus, Greek people are not advanced in the modern IT to know about Bitcoin yet.

Nonsense

Greece doesn't have a strong ultra-liberal movement like the US, nor does it have to bypass the government like in Argentina; yet. Nor is it starved of investment and speculation opportunities like China. There's just no reason for Greece to have a particular interest in Bitcoin, yet. In fact, Argentina is proof that people will acquire the skills if they need them. Plenty of "advanced" countries have less knowledge and less interest in Bitcoin than medium-income Argentina.

[Alley]

So many people don't understand what a fork is but there is a reason its called that.  Picture a actual fork.  The handle exists no matter what.  If you buy any coins after the fork you just have to make sure its from an exchange or somebody using the right path.

[Fakhoury]

Why should I believe that bro ? Although I want that for sure.

I might ask you a similar question. Why do you believe that the price won't rise?
I've seen and heard different opinions on my situations especially Grexit. Some are saying that it will have a minor impact on Bitcoin or none, while others are saying the exact opposite. Wouldn't their best bet be Bitcoin and/or gold in case that Grexit actually happens?

I'm pretty sure the price will rise, and I'm not looking for 6 months, 1 year, or 5 years, my target is a decade from now.

But I always like to add reasons for my arsenal.

Bitcoin can't be considered yet to be a safe heaven, even bitcoin enthusiast can't consider it a safe heaven.

Plus, Greek people are not advanced in the modern IT to know about Bitcoin yet.

Nonsense

Greece doesn't have a strong ultra-liberal movement like the US, nor does it have to bypass the government like in Argentina; yet. Nor is it starved of investment and speculation opportunities like China. There's just no reason for Greece to have a particular interest in Bitcoin, yet. In fact, Argentina is proof that people will acquire the skills if they need them. Plenty of "advanced" countries have less knowledge and less interest in Bitcoin than medium-income Argentina.

Could you please respond to my PM 

[Fatman3001]

Well I invested 1500$ in Bitcoin since last March or so. Now i'm nearing 1000$. I've not made a penny.
I think i'm ready to quit trading. I'll never get that money back. I dunno how one could loose so much so fast, even if one is totally inexperienced, it seems one would make money at least 50% of the time. But i've made money something like 2% of the time. I just don't have the patience for this.

Use a cold wallet and forget your BTC, in a few years you will read that 1btc=20k$ and you could sell it

Or your coins might end up in the wrong chain of a Bitcoin's hard fork and worth next to 0 in the future.

Put in cold storage is OK, but forget and take for granted they'll be worth a fortune in the future in my opinion is a mistake

Do you not know how a hard fork works? As long as the coins were acquired in a block before the fork, they are safe. Then you just wait to see which fork become the main chain and you're good to go. A forked chain is inherently unstable and one of the forks quickly dies, leaving one chain. It's an inconvenience more than a problem. Worst case scenario: in the extremely unlikely case that neither fork dies and the value starts to plummet, (double)spend the coins in both forks! 

This is a good point. Neither miners nor exchanges wants a forking war! (hehe...forking)
They will do what they can to avoid a fork becoming an issue or collectively throw their weight on the likeliest candidate. If a fork happens it should be over in hours, if not minutes.

[Chef Ramsay]

Bulls are winning:

Question:   price in 2 weeks
>300   - 101 (45.7%)
280   - 25 (11.3%)
260   - 23 (10.4%)
240   - 18 (8.1%)
220   - 23 (10.4%)
<200   - 31 (14%)

lol seems like we haven't yet passed despair stage if there are so many bulls 

Is it your first message??
Welcome to cryptoworld 

No, it's more like their ten thousandth comment under their newest sock puppet of about a hundred. You don't pop in here as a noob and talk about despair and shit, much less start out in speculation.

[ChartBuddy]

Coin
Explanation

[LFC_Bitcoin]

Why should I believe that bro ? Although I want that for sure.

I might ask you a similar question. Why do you believe that the price won't rise?
I've seen and heard different opinions on my situations especially Grexit. Some are saying that it will have a minor impact on Bitcoin or none, while others are saying the exact opposite. Wouldn't their best bet be Bitcoin and/or gold in case that Grexit actually happens?

I'm pretty sure the price will rise, and I'm not looking for 6 months, 1 year, or 5 years, my target is a decade from now.

But I always like to add reasons for my arsenal.

Bitcoin can't be considered yet to be a safe heaven, even bitcoin enthusiast can't consider it a safe heaven.

Plus, Greek people are not advanced in the modern IT to know about Bitcoin yet.

Same here, I am invested in BTC for the long term but I'm not going to lie, it is a bit demoralising seeing the price go back down again to 242. I'm hoping we don't go into the 230's again. Why do these manipulators seem so determined to keep the price low? Surely anybody with a huge amount of BTC would want the price to soar. I'll never understand it. It just seems so counter productive, sure you might get 20 dollar profits on each BTC but wouldn't it be far more sensible to buy BTC, limit supply & naturally the price will then rise.

[macsga]

Why should I believe that bro ? Although I want that for sure.

I might ask you a similar question. Why do you believe that the price won't rise?
I've seen and heard different opinions on my situations especially Grexit. Some are saying that it will have a minor impact on Bitcoin or none, while others are saying the exact opposite. Wouldn't their best bet be Bitcoin and/or gold in case that Grexit actually happens?

I'm pretty sure the price will rise, and I'm not looking for 6 months, 1 year, or 5 years, my target is a decade from now.

But I always like to add reasons for my arsenal.

Bitcoin can't be considered yet to be a safe heaven, even bitcoin enthusiast can't consider it a safe heaven.

Plus, Greek people are not advanced in the modern IT to know about Bitcoin yet.

Nonsense

Greece doesn't have a strong ultra-liberal movement like the US, nor does it have to bypass the government like in Argentina; yet. Nor is it starved of investment and speculation opportunities like China. There's just no reason for Greece to have a particular interest in Bitcoin, yet. In fact, Argentina is proof that people will acquire the skills if they need them. Plenty of "advanced" countries have less knowledge and less interest in Bitcoin than medium-income Argentina.

We will all know by this time tomorrow... in the meantime (today in Athens):


 

[abercrombie]

Why should I believe that bro ? Although I want that for sure.

I might ask you a similar question. Why do you believe that the price won't rise?
I've seen and heard different opinions on my situations especially Grexit. Some are saying that it will have a minor impact on Bitcoin or none, while others are saying the exact opposite. Wouldn't their best bet be Bitcoin and/or gold in case that Grexit actually happens?

I'm pretty sure the price will rise, and I'm not looking for 6 months, 1 year, or 5 years, my target is a decade from now.

But I always like to add reasons for my arsenal.

Bitcoin can't be considered yet to be a safe heaven, even bitcoin enthusiast can't consider it a safe heaven.

Plus, Greek people are not advanced in the modern IT to know about Bitcoin yet.

Via OTC like local bitcoins, in the US it's the poorest demographics like African Americans and Latinos that are the strongest buyers of Bitcoin.  Lots of them are unbanked or unbankable for whatever reason.  This is for usage, not for investment purposes.

The non-minorities are the sellers.

[ChartBuddy]

Coin
Explanation

[Lauda]

I'm pretty sure the price will rise, and I'm not looking for 6 months, 1 year, or 5 years, my target is a decade from now.

But I always like to add reasons for my arsenal.

Bitcoin can't be considered yet to be a safe heaven, even bitcoin enthusiast can't consider it a safe heaven.

Plus, Greek people are not advanced in the modern IT to know about Bitcoin yet.

Nonsense

Greece doesn't have a strong ultra-liberal movement like the US, nor does it have to bypass the government like in Argentina; yet. Nor is it starved of investment and speculation opportunities like China. There's just no reason for Greece to have a particular interest in Bitcoin, yet. In fact, Argentina is proof that people will acquire the skills if they need them. Plenty of "advanced" countries have less knowledge and less interest in Bitcoin than medium-income Argentina.

A decade from now? That's quite a long period of time and you might not even live to see that day. There's actually a treadmill test that tries to predict this.
Well what would you consider safe heaven now?
I could also argue his last part. Nobody needs to be "advanced" in modern IT to use/know about Bitcoin. It is relatively simple. As far as I know there aren't any laws in Greece that affect Bitcoin yet.
Wouldn't this be a great time for them to buy?

[smith coins]

Bear already lose out to bull when coin pass 250 resistance.
It will hit 300 in July

[dakota neat]

greece won't drive up the price. those who have still money inside this country aren't smart enough for bitcoin. it's the average joes...

[Fakhoury]

I'm pretty sure the price will rise, and I'm not looking for 6 months, 1 year, or 5 years, my target is a decade from now.

But I always like to add reasons for my arsenal.

Bitcoin can't be considered yet to be a safe heaven, even bitcoin enthusiast can't consider it a safe heaven.

Plus, Greek people are not advanced in the modern IT to know about Bitcoin yet.

Nonsense

Greece doesn't have a strong ultra-liberal movement like the US, nor does it have to bypass the government like in Argentina; yet. Nor is it starved of investment and speculation opportunities like China. There's just no reason for Greece to have a particular interest in Bitcoin, yet. In fact, Argentina is proof that people will acquire the skills if they need them. Plenty of "advanced" countries have less knowledge and less interest in Bitcoin than medium-income Argentina.

A decade from now? That's quite a long period of time and you might not even live to see that day. There's actually a treadmill test that tries to predict this.
Well what would you consider safe heaven now?
I could also argue his last part. Nobody needs to be "advanced" in modern IT to use/know about Bitcoin. It is relatively simple. As far as I know there aren't any laws in Greece that affect Bitcoin yet.
Wouldn't this be a great time for them to buy?

It's a long period of time if I'm at 70's or 80's, but what if I'm in the 20's or 30's ?

For me, I consider Bitcoin is the safe heaven, as an extremer, I'm TOTALLY ALL IN. As I like the bitcoin risk and I will never back down, and I'm pretty sure that I will be a millionaire in my country.

Yes, it would be a great time for them to buy. But, if bitcoin was that easy. Why it's not well-known here in my country and in other countries, why didn't mass adoption occur ?

I'm permanent bull btw, but trying to be realistic.

I've said it and I will always say, we are the new millionaires on the 21st centuries, and that depends on how much bitcoins we are holding.

[noobtrader]

BTC  price are very cheap i think , 250 at todays diffulty are just barely enough to roi even with cheap electricity.

[Fatman3001]

Why should I believe that bro ? Although I want that for sure.

I might ask you a similar question. Why do you believe that the price won't rise?
I've seen and heard different opinions on my situations especially Grexit. Some are saying that it will have a minor impact on Bitcoin or none, while others are saying the exact opposite. Wouldn't their best bet be Bitcoin and/or gold in case that Grexit actually happens?

I'm pretty sure the price will rise, and I'm not looking for 6 months, 1 year, or 5 years, my target is a decade from now.

But I always like to add reasons for my arsenal.

Bitcoin can't be considered yet to be a safe heaven, even bitcoin enthusiast can't consider it a safe heaven.

Plus, Greek people are not advanced in the modern IT to know about Bitcoin yet.

Nonsense

Greece doesn't have a strong ultra-liberal movement like the US, nor does it have to bypass the government like in Argentina; yet. Nor is it starved of investment and speculation opportunities like China. There's just no reason for Greece to have a particular interest in Bitcoin, yet. In fact, Argentina is proof that people will acquire the skills if they need them. Plenty of "advanced" countries have less knowledge and less interest in Bitcoin than medium-income Argentina.

We will all know by this time tomorrow... in the meantime (today in Athens):


 

Macsga you doofus!

I'm trying to defend your modern credentials. WTF is this!?!?

You're not making it any easier.

[Fatman3001]

Houston Athens Frankfurt, we have a problem.

[Fatman3001]

Houston Athens Frankfurt, we have a problem.

Will be much fun shorting € in next days  

Put tarmi on the case and we'll all be begging for the drachma as the new pan-european currency.

[ChartBuddy]

Coin
Explanation

[catena5260]

BTC  price are very cheap i think , 250 at todays diffulty are just barely enough to roi even with cheap electricity.

KNC hasn't sold any freshly mined coins from 30.5. At least not from this wallet 
https://blockchain.info/sl/address/1Afcdy7AaqwPkFFk2K6x5XaEHto1219LTX?offset=0&filter=0

Also more than 6k (originally 9k) btc from this wallet is still there.
https://bitcointalk.org/index.php?topic=1077623.0

Not everyone can afford don't sell any bitcoin they mine, because they need to pay electricity bills etc, and not everyone can or is willing to use money coming from other activities to keep your nodes running(it might be really expensive if you are a big farmer).

And his 6k BTC are less than 2 days of block rewards, so I don't think they are really significant