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

[Fatman3001]

@BMB that pretty much sums it up

[BlindMayorBitcorn]

@BMB that pretty much sums it up

 

[ChartBuddy]

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[ChartBuddy]

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[Hopalong]

And what have you tried to do?

As i see it you dont do anything but expect others to do it for you with this metod...

What do you mean what have I done?

I'm just a regular guy, I've invested what I can afford to over the last 18 months or so into a speculative investment (bitcoin).

Whenever I've had spare fiat I've bought. I HODL a semi decent stash in cold storage in the hope that one day bitcoin booms & I make a better life for myself. Maybe it'll work, maybe I'll have pissed my money down the drain but I'm trying.

Why what have you done?

I am not talking about what you have done all your life. I quoted something and asked a question about a statement you had. Dont care what else you have done...

[LMGTFY]

And what have you tried to do?

As i see it you dont do anything but expect others to do it for you with this metod...

What do you mean what have I done?

I'm just a regular guy, I've invested what I can afford to over the last 18 months or so into a speculative investment (bitcoin).

Whenever I've had spare fiat I've bought. I HODL a semi decent stash in cold storage in the hope that one day bitcoin booms & I make a better life for myself. Maybe it'll work, maybe I'll have pissed my money down the drain but I'm trying.

Why what have you done?

I am not talking about what you have done all your life. I quoted something and asked a question about a statement you had. Dont care what else you have done...

You said: "And what have you tried to do?" and then, without waiting for an answer, leapt straight to: "As i see it you dont do anything but expect others to do it for you with this metod..."

Given that, LFC_Bitcoin's reply seems entirely reasonable. Polite and restrained, even. LFC answered your question, and then asked the same question of you.

[Hopalong]

And what have you tried to do?

As i see it you dont do anything but expect others to do it for you with this metod...

What do you mean what have I done?

I'm just a regular guy, I've invested what I can afford to over the last 18 months or so into a speculative investment (bitcoin).

Whenever I've had spare fiat I've bought. I HODL a semi decent stash in cold storage in the hope that one day bitcoin booms & I make a better life for myself. Maybe it'll work, maybe I'll have pissed my money down the drain but I'm trying.

Why what have you done?

I am not talking about what you have done all your life. I quoted something and asked a question about a statement you had. Dont care what else you have done...

You said: "And what have you tried to do?" and then, without waiting for an answer, leapt straight to: "As i see it you dont do anything but expect others to do it for you with this metod..."

Given that, LFC_Bitcoin's reply seems entirely reasonable. Polite and restrained, even. LFC answered your question, and then asked the same question of you.

Did you read what i quoted?

As i understand he meant that putting his coins in cold storage and wait for others to make them valuable was some sort of contribution. It is not only him but many around here that think this way. If everyone did the same with their coins the whole bitcoin experience would be forgotten in a month...

Eveyone can do whatever they want with their coins buit dont tell anyone that you are trying to help out if you only try to help yourself.

[ChartBuddy]

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Explanation

[dragonseer]

And what have you tried to do?

As i see it you dont do anything but expect others to do it for you with this metod...

What do you mean what have I done?

I'm just a regular guy, I've invested what I can afford to over the last 18 months or so into a speculative investment (bitcoin).

Whenever I've had spare fiat I've bought. I HODL a semi decent stash in cold storage in the hope that one day bitcoin booms & I make a better life for myself. Maybe it'll work, maybe I'll have pissed my money down the drain but I'm trying.

Why what have you done?

I am not talking about what you have done all your life. I quoted something and asked a question about a statement you had. Dont care what else you have done...

You said: "And what have you tried to do?" and then, without waiting for an answer, leapt straight to: "As i see it you dont do anything but expect others to do it for you with this metod..."

Given that, LFC_Bitcoin's reply seems entirely reasonable. Polite and restrained, even. LFC answered your question, and then asked the same question of you.

Did you read what i quoted?

As i understand he meant that putting his coins in cold storage and wait for others to make them valuable was some sort of contribution. It is not only him but many around here that think this way. If everyone did the same with their coins the whole bitcoin experience would be forgotten in a month...

Eveyone can do whatever they want with their coins buit dont tell anyone that you are trying to help out if you only try to help yourself.

I don't think you're being fair. Yes you are doing something by putting a little money into Bitcoin here and there. You are supporting Bitcoin because you want a better monetary system that isn't based on debt, and isn't confined by borders.  When times are lean then it makes sense to stash something valuable away, until it becomes worth more. When the value appreciates again, Bitcoin holders can use their increased purchasing power to support businesses that embrace crypto, rather than cash out. That's what 'many around here' are waiting to do I'm sure.

[LMGTFY]

Did you read what i quoted?

As i understand he meant that putting his coins in cold storage and wait for others to make them valuable was some sort of contribution. It is not only him but many around here that think this way. If everyone did the same with their coins the whole bitcoin experience would be forgotten in a month...

Eveyone can do whatever they want with their coins buit dont tell anyone that you are trying to help out if you only try to help yourself.

Why yes, yes I did. You asked a question, and then leapt straight to a conclusion. You assumed that because LFC_Bitcoin was stopping trading and putting the BTC into cold storage that they were doing nothing else to help the growth of Bitcoin. You've then repeated the same thing in the post I'm replying to. Hope that clarifies things, but, if it doesn't, consider this: I have some BTC at Bitfinex, which I've been using for swaps. The swaps rate now is negligible, so as swaps expire I'm withdrawing. I've been putting the BTC I get back into cold storage. What does this tell you about the rest of the BTC I hold, and what I do with them to support Bitcoin?

[sAt0sHiFanClub]

I don't think you're being fair. Yes you are doing something by putting a little money into Bitcoin here and there. You are supporting Bitcoin because you want a better monetary system that isn't based on debt, and isn't confined by borders.  When times are lean then it makes sense to stash something valuable away, until it becomes worth more. When the value appreciates again, Bitcoin holders can use their increased purchasing power to support businesses that embrace crypto, rather than cash out. That's what 'many around here' are waiting to do I'm sure.

Buying a bitcoin and doing absolutely nothing with it for 10 years is about as useless to the bitcoin ecosystem as completely ignoring it.

You dont support bitcoin by wanting a "monetary system that isn't based on debt, and isn't confined by borders" .. thats called dreaming. You can support bitcoin by actively seeking out ways that you can integrate bitcoin in your daily life, and maybe provide services to others using bitcoin.

Also, when times are lean, the LAST thing you should be doing is putting what little money you have into a highly speculative and risky 'investment' like bitcoin.  If you can afford to spare it or loose it, then go ahead.

And you certainly dont want to get involved in the latest shitcoin IPO, thats for certain.  

[Fatman3001]

And what have you tried to do?

As i see it you dont do anything but expect others to do it for you with this metod...

What do you mean what have I done?

I'm just a regular guy, I've invested what I can afford to over the last 18 months or so into a speculative investment (bitcoin).

Whenever I've had spare fiat I've bought. I HODL a semi decent stash in cold storage in the hope that one day bitcoin booms & I make a better life for myself. Maybe it'll work, maybe I'll have pissed my money down the drain but I'm trying.

Why what have you done?

I am not talking about what you have done all your life. I quoted something and asked a question about a statement you had. Dont care what else you have done...

You said: "And what have you tried to do?" and then, without waiting for an answer, leapt straight to: "As i see it you dont do anything but expect others to do it for you with this metod..."

Given that, LFC_Bitcoin's reply seems entirely reasonable. Polite and restrained, even. LFC answered your question, and then asked the same question of you.

Did you read what i quoted?

As i understand he meant that putting his coins in cold storage and wait for others to make them valuable was some sort of contribution. It is not only him but many around here that think this way. If everyone did the same with their coins the whole bitcoin experience would be forgotten in a month...

Eveyone can do whatever they want with their coins buit dont tell anyone that you are trying to help out if you only try to help yourself.

I don't think you're being fair. Yes you are doing something by putting a little money into Bitcoin here and there. You are supporting Bitcoin because you want a better monetary system that isn't based on debt, and isn't confined by borders.  When times are lean then it makes sense to stash something valuable away, until it becomes worth more. When the value appreciates again, Bitcoin holders can use their increased purchasing power to support businesses that embrace crypto, rather than cash out. That's what 'many around here' are waiting to do I'm sure.

After seeing your contribution to the devianttwo-thread I am tempted to leave Bitcoin altogether.

Edit: I see it's removed. As I remember it was an unfortunate picture of a child and a poem about how adversity makes you stronger.

[ChartBuddy]

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Explanation

[Oblodo]

Down we go. I hope this ends soon. Better have stable prices, than the fear of doom. Wonder if I should be looking at an alt coin or just give up. Best thing to do is probably to turn of the pc, forget about BTC, and hopefully be positively surprised in a few years. Cold storage here we go..

Cold storage for 10+ years I think & then hope to see some significant progress then. If not then at least we tried.

And what have you tried to do?

As i see it you dont do anything but expect others to do it for you with this metod...

Oh, I have been mining since the begining... Lost a wallet the hard way. Continued to mine, lost some time waiting for a BFL rigg.. Trade BTC in the country I live in. Try to encourage ppl to use BTC. Have a wallet I use when I travel for BTC ATM's. Not looking to get rich quick, that would be a bonus. Will continue to support BTC, just thinking that we are a bit early. I have circulated my share of coin since 2012, being an early adaptor. Just tired of the, moon/doom cat fight here in this sub forum.....

[ChartBuddy]

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[ChartBuddy]

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[RenegadeMan]

I forgot about bitcoin for a few days, it was really nice

we all need a holiday from time to time! a nice beach with crystal clear waters or a lake in the mountains...

speaking of which, took my dad & daughter to the beach for a bit of a paddle, ended up surrounded by 'lots' of different fish(es) we all giggled like it was magic - it kinda was.

bought 12 more coins when we got home, and ate calimari.

Nice to see someone expressing their common humanity and decency. Little moments with dear loved ones like you just described are all important for remembering the really important things in life. Thanks for sharing.

[ChartBuddy]

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Explanation

[Divitiae miserae]

we all need a holiday from time to time! a nice beach with crystal clear waters or a lake in the mountains...

speaking of which, took my dad & daughter to the beach for a bit of a paddle, ended up surrounded by 'lots' of different fish(es) we all giggled like it was magic - it kinda was.

bought 12 more coins when we got home, and ate calimari.

Nice to see someone expressing their common humanity and decency. Little moments with dear loved ones like you just described are all important for remembering the really important things in life. Thanks for sharing.

Not as nice as seeing someone who's steadily buying his way into poverty (and his beloveds').

[JayJuanGee]

Someone really wants to milk this cow until the end...  

Wrong. They just abandon a shitty performing asset for better performing ones.
Stop seeing ghosts everywhere (manipulation).

Well... I simply can't agree with you  

So you will lose money. 100eu incoming... (until Christmas, then bounce to 200eu and spring below 100eu). Then rally.

I didn't say that I don't trade... Just don't agree with a reasons for going down

I see, apologies!

But you have to understand IMO something, manipulating the market is done ONLY in the direction with the less resistance, hence BTC is already weak if it can be manipulated downwards.*

Why? Lack of demand and excess of supply. Enter manipulator that adds leverage to this.

So there is no manipulation essentially, only amplification.

Try to manipulate this at 1000$....

EDIT: * Unless there is a manipulator alone stronger than the whole market (remember, it is not just the BTCUSD pairs he has to manipulate, but essentially all cryptomarket - coins are correlated, AND the commodity market, AND the forex market, AND the stock market. Cryptos are correlated with all and none of these categories). But this is already very illuminati like scenario (I doubt a Soros would risk to do it) and if true EXTREMELY bearish for BTC, so better abandon the ship now...

Klee, you make a lot of good points, and I cannot be sure if you are talking your book or what? 

Surely there has been a lot of downward movement and pressure on BTC since November 2013 - however, that history does NOT really signify that BTC prices are going to continue in that direction.

I am NOT sure exactly what is going on with the exchanges, but it does seems that we are getting pretty good volume.  Also, it seems that more and more people are buying into BTC... You could be correct about some more downward direction, but that prediction seems far from inevitable.