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

[!! pop]

...
Nah you cant money are full of bacteria and illness and you will get serious butthurt.  

Anyway it's a metaphor saying money just devalue every year till infinitum.

And yet every bit-coiner is euphoric because suddenly his magical BTCeans can buy them ~20% more real money.

Or a 20% bigger house.

Have you cashed out (bought that 20% bigger house)? If not, my point stands

This amazing price surge certainly hasn't made you any money. Not unless you've cashed out, which you didn't.
And even if you did, you're sure to blow all the money on scratch tickets and bunk crack, so same difference

See, I understand the bit-coin addict mentality: 'soon as there's any spare money, he just spends it on moar dope bit-coin

[Cconvert2G36]

We are back to new floor at 2400? 

6h chart forming a stair to heaven, let us go for it. 

The contractor should have his license pulled... no way that top step is to code.

[MadBanker]

...
Nah you cant money are full of bacteria and illness and you will get serious butthurt.  

Anyway it's a metaphor saying money just devalue every year till infinitum.

And yet every bit-coiner is euphoric because suddenly his magical BTCeans can buy them ~20% more real money.

Or a 20% bigger house.

Have you cashed out (bought that 20% bigger house)? If not, my point stands

This amazing price surge certainly hasn't made you any money. Not unless you've cashed out, which you didn't.
And even if you did, you're sure to blow all the money on scratch tickets and bunk crack, so same difference

Nope. Why would I not just hold BTC, like I hold USD, and a house. They all have value.

[JorgeStolfi]

every penny of profit that a bitcoin investor makes can only come from the pocket of another bitcoin investor...

that is assuming the market is a closed system, but it's not.

there's constantly new buyers entering the market, who also want a share of the pie, but the pie is very limited, so the more people want a share, the more expensive the shares become.

Sure, a lot of bears lost money, which made a lot of bulls a lot of money (for the first time in years, at this scale at least), but a lot of gains also come from new investors.

Give not that which is holy unto the dogs etc. How many times must this be repeated, Jorge?

Well, my sermons do not seem to have any effect, as you can see.  It will not spoil your fun.

[r0ach]

And yet every bit-coiner is euphoric because suddenly his magical BTCeans can buy them ~20% more real money.

You thought you'd have so much fun out shortin with your bros
But beneath the water awaits a terror nobody knows
You're dragged beneath by it's row of teeth
The bull shark
It's too late now it's made it's mark
The bull shark
Humans are helpless to this mighty beast
Claiming its prey
helpless in the water
a human buffet

[!! pop]

...
Nah you cant money are full of bacteria and illness and you will get serious butthurt.  

Anyway it's a metaphor saying money just devalue every year till infinitum.

And yet every bit-coiner is euphoric because suddenly his magical BTCeans can buy them ~20% more real money.

Or a 20% bigger house.

Have you cashed out (bought that 20% bigger house)? If not, my point stands

This amazing price surge certainly hasn't made you any money. Not unless you've cashed out, which you didn't.
And even if you did, you're sure to blow all the money on scratch tickets and bunk crack, so same difference

Nope. Why would I not just hold BTC, like I hold USD, and a house. They all have value.

You *use* a house. And only an idiot holds $$$, because worthless [and rapidly depreciating] toilet paper. Duh!

@cokr0ach: There once was a man from Nantucket.

[Frost]

Does it go back south now?

[MadBanker]

...
Nah you cant money are full of bacteria and illness and you will get serious butthurt.  

Anyway it's a metaphor saying money just devalue every year till infinitum.

And yet every bit-coiner is euphoric because suddenly his magical BTCeans can buy them ~20% more real money.

Or a 20% bigger house.

Have you cashed out (bought that 20% bigger house)? If not, my point stands

This amazing price surge certainly hasn't made you any money. Not unless you've cashed out, which you didn't.
And even if you did, you're sure to blow all the money on scratch tickets and bunk crack, so same difference

Nope. Why would I not just hold BTC, like I hold USD, and a house. They all have value.

You *use* a house. And only an idiot holds $$$, because worthless [and rapidly depreciating] toilet paper. Duh!

@cokr0ach: There once was a man from Nantucket.

I told you fiat had tangible value.

[Sitarow]

[Patel]

Looking at price charts, TA, and other metrics, I think it's safe to assume at this point in next year we will be at a minimum of 1100.

That is a difference of 740. Meaning a increase of $61 per month, or $2 per day.

I'd say 2016 is gonna be a good year for bitcoin.

[peonminer]

Does it go back south now?

[zimmah]

Does it go back south now?

[lyth0s]

Amazing how all the resident bears come out to play when we've had a 3-4 dollar correction, absolutely adamant that

- This epic price surge hasn't lost them any money.
- They then proceed to tell us that they'll now be shorting & making lots of money.

One of the above scenarios is usually bull shit but which one?

This amazing price surge certainly hasn't made you any money. Not unless you've cashed out, which you didn't.
And even if you did, you're sure to blow all the money on scratch tickets and bunk crack, so same difference

Instead of "cashing out", we can always just purchase goods and services with our BTC. BTC price going up increases our purchasing power irregardless if we convert to fiat or not ourselves.

>just purchase goods and services

Oh_you.gif
Like anyone actually does that Sure, you'll buy some shitty dope & CP a few times, but once you hit puberty & figure out that Paco sells better, fatter, and cheaper bundles @ bodega next door, the thrill's gone. Now what?

I have no idea what you are talking about, Paco? Bundles? Bodega?

Anyways I actually buy stuff with bitcoin, not sure why you think that is a big deal?

[!! pop]

http://s14.postimg.org/686kacept/0300_whitmore_descher.jpg
Don't cry, sweetie.
We'll get those bit-coiners, I promise!

[ChartBuddy]

Coin

Explanation

[!! pop]

Amazing how all the resident bears come out to play when we've had a 3-4 dollar correction, absolutely adamant that

- This epic price surge hasn't lost them any money.
- They then proceed to tell us that they'll now be shorting & making lots of money.

One of the above scenarios is usually bull shit but which one?

This amazing price surge certainly hasn't made you any money. Not unless you've cashed out, which you didn't.
And even if you did, you're sure to blow all the money on scratch tickets and bunk crack, so same difference

https://s-media-cache-ak0.pinimg.com/736x/0d/f7/32/0df7321644cd7d9823e0dadff187a177.jpg

Instead of "cashing out", we can always just purchase goods and services with our BTC. BTC price going up increases our purchasing power irregardless if we convert to fiat or not ourselves.

>just purchase goods and services

Oh_you.gif
Like anyone actually does that Sure, you'll buy some shitty dope & CP a few times, but once you hit puberty & figure out that Paco sells better, fatter, and cheaper bundles @ bodega next door, the thrill's gone. Now what?

I have no idea what you are talking about, Paco? Bundles? Bodega?

That's because you're not very bright/are ignorant. While the former is, arguably, not your fault, the latter is. Educate yourself.

Anyways I actually buy stuff with bitcoin, not sure why you think that is a big deal?

Riiight. Be careful tho, not as safe as it once was

[AZwarel]

Bitcoin hits 360 again and I become a legendary as of today.

Yay \o/  

grats :-) and have a drink for 360 with me, as i am having right now^^

[peonminer]

https://bitcointalk.org/index.php?topic=1235491.new#new

[Karpeles]

every penny of profit that a bitcoin investor makes can only come from the pocket of another bitcoin investor...

that is assuming the market is a closed system, but it's not.

there's constantly new buyers entering the market, who also want a share of the pie, but the pie is very limited, so the more people want a share, the more expensive the shares become.

Sure, a lot of bears lost money, which made a lot of bulls a lot of money (for the first time in years, at this scale at least), but a lot of gains also come from new investors.

Give not that which is holy unto the dogs etc. How many times must this be repeated, Jorge?

Well, my sermons do not seem to have any effect, as you can see.  It will not spoil your fun.

You say it because you are sad that you got no profit with the recent bull attack because you have no Bitcoins

[peonminer]