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

[Lutzow]

There's no reason for bitcoin to raise its price with so many months before the halving. The price could go lower unless there'll be a rally from the whales.

[billyjoeallen]

So who bought the $375 dip? anyone? Somebody did or we wouldn't be going back up. Ok, I admit it was me, but I am not going to hold those coins for more than a $20 bounce and probably not that long. This is a fucking downward ratchet, folks.

[Cconvert2G36]

You mean the cold storage I bought @ $10? Yeah, I'm really agitated it's currently worth 3600% more than I paid for it.  

I don't care if I'm the bad guy. Somebody has to be or the story is really boring. If it doesn't scale, my coins are for sale (at the right price, of course).

Opportunity cost... the frustration is not alien to me, friend.

Edit: Your southern charm's a bit much. 

[billyjoeallen]

I don't care if I'm the bad guy. Somebody has to be or the story is really boring. If it doesn't scale, my coins are for sale (at the right price, of course).

Bitcoin will scale. If everyone else gives up on it and the price drops, I will learn how to program and take over as Chief Scientist and raise it from the dead. But I'm betting others will do that before me.

Fine. When it scales, I'm back in. It's not the code. Gavin and Mike already fixed it, but the damn miners won't run it.  That's why we have to crash the market. If the Chinks can't understand Engrish, let's see how they grok poverty.

[billyjoeallen]

You mean the cold storage I bought @ $10? Yeah, I'm really agitated it's currently worth 3600% more than I paid for it.  

I don't care if I'm the bad guy. Somebody has to be or the story is really boring. If it doesn't scale, my coins are for sale (at the right price, of course).

Opportunity cost... the frustration is not alien to me, friend.

My little problems are nothing in the grand scheme of things. The real opportunity cost is that we could have disrupted money. MONEY. We could have taken it away from the banksters and given it to the people, but a few elitist fucktards thought that a settlement network would be better. They think the problem isn't the middle men, but that they weren't the middlemen.   oh, yeah. The hate is flowing through me.

[ChartBuddy]

Coin



Explanation

[r0ach]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

Price can't go up because the threat of a hard fork.  Even a non-contested fork would cause dump till it's over.

[hdbuck]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

Price can't go up because the threat of a hard fork.  Even a non-contested fork would cause dump till it's over.

yup. fucking forkers.

[barbs]

So who bought the $375 dip? anyone? Somebody did or we wouldn't be going back up. Ok, I admit it was me, but I am not going to hold those coins for more than a $20 bounce and probably not that long. This is a fucking downward ratchet, folks.

You are full of shit bro

[billyjoeallen]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

Price can't go up because the threat of a hard fork.  Even a non-contested fork would cause dump till it's over.

That's true in the short run, but ultimately the code has to be fixed and the longer we wait the more painful it will be. And don't think a SegWit soft fork wouldn't also cause enough uncertainty to effect the price.

[billyjoeallen]

So who bought the $375 dip? anyone? Somebody did or we wouldn't be going back up. Ok, I admit it was me, but I am not going to hold those coins for more than a $20 bounce and probably not that long. This is a fucking downward ratchet, folks.

You are full of shit bro

Watch and learn...Bro

I bought at $375.72 but I only bought with money I earned lending out my fiat at interest, so it's free money and if we don't get a $15 bounce or higher, it's no big deal. 

[mOgliE]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

Price can't go up because the threat of a hard fork.  Even a non-contested fork would cause dump till it's over.

Why? Would it be risky to own btc during hard fork?

[billyjoeallen]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

Price can't go up because the threat of a hard fork.  Even a non-contested fork would cause dump till it's over.

Why? Would it be risky to own btc during hard fork?

unless you keep all your coins on an exchange, you will be able to spend them on BOTH FORKS, effectively doubling your coins. supply and demand being what they are, a doubling of coins means that each coin is worth~half of what it was previously.

The trick is to spend all your coins on the fork that will die and keep them on the one that will prevail. What's nice about that is that not just miners, but holders also get an effective vote on which fork they want.

[barbs]

So who bought the $375 dip? anyone? Somebody did or we wouldn't be going back up. Ok, I admit it was me, but I am not going to hold those coins for more than a $20 bounce and probably not that long. This is a fucking downward ratchet, folks.

You are full of shit bro

Watch and learn...Bro

I bought at $375.72 but I only bought with money I earned lending out my fiat at interest, so it's free money and if we don't get a $15 bounce or higher, it's no big deal. 

I'm watching and learning that you should lay off the pipe

[ChartBuddy]

Coin



Explanation

[coinzat]

during the last two years , January was always the month in which the price start falling, is this going to happen this year also ?



it is like the first half of the year is always a fall and the second one the price recover what was lost

[Andre#]

during the last two years , January was always the month in which the price start falling, is this going to happen this year also ?



it is like the first half of the year is always a fall and the second one the price recover what was lost

Did you look at the graph you included? Last year, January was the month the price stopped falling. And if you had used a log scale, you could have seen properly that in 2013, January was the month that the price started to rise. In 2012 it went down in January, but only in January. In 2011, it also started to rise in January. So your whole case is based on 2014 and 2012 -- out of 6 years. I'd like to counter that in January the price usually starts rising. 

[ChartBuddy]

Coin



Explanation

[BlindMayorBitcorn]

its a bought account from mid last year. anyways, dumped 100 on localbitcoins few hours ago. it was still above $393. looking at the price it is now, i am quite relieved!

So much win.  

[European Central Bank]

during the last two years , January was always the month in which the price start falling, is this going to happen this year also ?

it is like the first half of the year is always a fall and the second one the price recover what was lost

People who make their decisions based on past behavior are gonna have a bad time. Use your eyes and mind. It's changing all the time.