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

[rjclarke2000]

Who sold at the bottom?

Never sell!! Hodl on!!!

[r0ach]

IF IT all goes PEARSHAPED

and splits and a cluster of bitmain coin and the rest of the FUD

Bitcoin will drop below 1K usd imho

[becoin]

I think we definitely a shake out to get rid of these dummies!!

Take care! Buy pressure from these dummies will swat you like a fly by flyswatter if you sell your bitcoins.

[Elwar]

i think invest in bitcoin is much more safe and profitable because bitcoin price rising to higher value and we do not face to any risk when we invest our money in bitcoin and i if we invest our money in bitcoin we will be get a good profit from bitcoin in the future so i think bitcoin is much more profitable currency than altcoins.

have you just been hacked? that reads like every second post by cut and paste google translate noobs.

There are many people that will buy other peoples' accounts. Legendary folks can make some decent money.

I was offered somewhere around what would be over $2 per post for a signature campaign. I started doing the calculations of just logging and posting 10 posts a day from Thailand with $600 per month of extra spending money with no work. I could be like these other signature campaigners and post tons of shit posts or start arguments just for the money. But I know that would compromise my posts and make posting on here work instead of fun.

I also got an estimate on selling my account outright that was over half a bitcoin. Plenty of people want the quick money.

[SimonJones]

Moving sideways for so long, it's boring now. Atleast there's some excitement because of Segwit2x and UASF.

[miningnew]

It seems like a unique situation. We have had a pretty decent increase in price but its not as extreme as the previous bubbles.
So hard to guess where the price is going next.

[leowonderful]

Moving sideways for so long, it's boring now. Atleast there's some excitement because of Segwit2x and UASF.

That excitement has always been there ever since the UASF was announced. As for moving sideways, there was hardly anything in 2015. Price was sideways the entire time or down that year. I think our situation is great compared to that uneventful year where BTC hit less than 200 on some exchanges.

[yefi]

I think I remember when this kid showed up on IRC trying to figure out how to buy some bitcoin ... then it came out that he was 13-14 and he said his dad was trying to talk him out of it saying bitcoin was likely a ponzi, stop wasting his time and money, etc, etc ... I said to him "don't listen to your dad, go all in and tell your old man he's a fossil and stfu if he doesn't understand it ..." ... lol!, everyone on the IRC was like "dude, that's just wrong, kid's only 13,he should listen to his dad, blah-de-blah" .... but I encouraged the heck into him ... probably helped make him into a millionaire.

Insert montage here of Marcus pushing the kid's bike, flying a kite with him, etc.

[r0ach]

Insert montage here of Marcus pushing the kid's bike, flying a kite with him, etc.

[K~Ehleyr]

Idaho teenager becomes millionaire by investing $1,000 gift in Bitcoin - and wins bet with his parents

http://www.telegraph.co.uk/news/2017/06/24/idaho-teenager-became-millionaire-investing-1000-gift-bitcoin/

Wow I'd missed this!!  That's the dream!

[jaberwock]

Recently a dump always happens on some day of the weekend, with a gradual recover to previous level, like an inverted head and shoulders.

Better be prepared for a dump when weekend comes, and don't panic sell if the dump already happened(the first leg of dump always is quick)

[BlindMayorBitcorn]

I think I remember when this kid showed up on IRC trying to figure out how to buy some bitcoin ... then it came out that he was 13-14 and he said his dad was trying to talk him out of it saying bitcoin was likely a ponzi, stop wasting his time and money, etc, etc ... I said to him "don't listen to your dad, go all in and tell your old man he's a fossil and stfu if he doesn't understand it ..." ... lol!, everyone on the IRC was like "dude, that's just wrong, kid's only 13,he should listen to his dad, blah-de-blah" .... but I encouraged the heck into him ... probably helped make him into a millionaire.

About time to resume down move, imho ...

Idaho teenager becomes millionaire by investing $1,000 gift in Bitcoin - and wins bet with his parents

http://www.telegraph.co.uk/news/2017/06/24/idaho-teenager-became-millionaire-investing-1000-gift-bitcoin/

This kid.  

They are talking about him everywhere in the forum

I'm reminded of a certain fictional doctor and the godless abomination he created. 

[Torque]

Idaho teenager becomes millionaire by investing $1,000 gift in Bitcoin - and wins bet with his parents

http://www.telegraph.co.uk/news/2017/06/24/idaho-teenager-became-millionaire-investing-1000-gift-bitcoin/

Wow I'd missed this!!  That's the dream!

I'd call this a bad sign. This same kid's story got trotted out at the height of the last bubble in 2013. Along with the story of a EU guy that found bitcoin on an old hard drive that he paid $27, then at the time in 2013 they were suddenly worth $886k. I think the news said he bought a condo or something.
http://www.maxkeiser.com/2013/10/man-buys-27-of-bitcoin-forgets-about-them-finds-theyre-now-worth-886k/

These kinds of stories I call the "sucker" stories, that get trotted out by the MSM so that the fence sitters finally cave and invest into Bitcoin right into a bubble and eventual downturn.

Stay wary my friends.

And no, I'm not trolling. I'm a permabull still 90% in who has been through these Bitcoin cycles before, and have seen how this market works.  Remember, the MSM is no friend to Bitcoin.

[r0ach]

I'd call this a bad sign. This same kid's story got trotted out at the height of the last bubble in 2013. Along with the story of a EU guy that found bitcoin on an old hard drive that he paid $27, then at the time in 2013 they were suddenly worth $886k. I think the news said he bought a condo or something.
http://www.maxkeiser.com/2013/10/man-buys-27-of-bitcoin-forgets-about-them-finds-theyre-now-worth-886k/

These kinds of stories I call the "sucker" stories, that get trotted out by the MSM so that the fence sitters finally cave and invest into Bitcoin right into a bubble and eventual downturn.

Stay wary my friends.

And no, I'm not trolling. I'm a permabull still 90% in who has been through these Bitcoin cycles before, and have seen how this market works.  Remember, the MSM is no friend to Bitcoin.

Re-buy at $200 then we can start all over again?

[bones261]

I'd call this a bad sign. This same kid's story got trotted out at the height of the last bubble in 2013. Along with the story of a EU guy that found bitcoin on an old hard drive that he paid $27, then at the time in 2013 they were suddenly worth $886k. I think the news said he bought a condo or something.
http://www.maxkeiser.com/2013/10/man-buys-27-of-bitcoin-forgets-about-them-finds-theyre-now-worth-886k/

These kinds of stories I call the "sucker" stories, that get trotted out by the MSM so that the fence sitters finally cave and invest into Bitcoin right into a bubble and eventual downturn.

Stay wary my friends.

And no, I'm not trolling. I'm a permabull still 90% in who has been through these Bitcoin cycles before, and have seen how this market works.  Remember, the MSM is no friend to Bitcoin.

Re-buy at $200 then we can start all over again?

You never know. ETH went through a flash crash. There's always the chance that real Satoshi (if it is indeed one person and not a foundation) dies and the estate will have to liquidate to pay the estate taxes. (If Satoshi is a citizen of one of the countries that imposes such ridiculous taxes. US citizen would be bad. Japanese citizen would be even worse.) People forget that we have Satoshi's massive holdings hanging over our heads. Maybe Satoshi would never destroy his creation, but do you really think a government is going to care if they crash the market or not when demanding their estate taxes?

[European Central Bank]

You never know. ETH went through a flash crash. There's always the chance that real Satoshi (if it is indeed one person and not a foundation) dies and the estate will have to liquidate to pay the estate taxes. (If Satoshi is a citizen of one of the countries that imposes such ridiculous taxes. US citizen would be bad. Japanese citizen would be even worse.) People forget that we have Satoshi's massive holdings hanging over our heads. Maybe Satoshi would never destroy his creation, but do you really think a government is going to care if they crash the market or not when demanding their estate taxes?

somehow i don't think satoshi would be the type to carefully prepare his death taxes for that special moment by leaving his private keys with his rural attorney to auction.

and until someone can comprehensively prove he has those million coins and full control over every single one i'm not going to lose any sleep at night.

[600watt]

I'd call this a bad sign. This same kid's story got trotted out at the height of the last bubble in 2013. Along with the story of a EU guy that found bitcoin on an old hard drive that he paid $27, then at the time in 2013 they were suddenly worth $886k. I think the news said he bought a condo or something.
http://www.maxkeiser.com/2013/10/man-buys-27-of-bitcoin-forgets-about-them-finds-theyre-now-worth-886k/

These kinds of stories I call the "sucker" stories, that get trotted out by the MSM so that the fence sitters finally cave and invest into Bitcoin right into a bubble and eventual downturn.

Stay wary my friends.

And no, I'm not trolling. I'm a permabull still 90% in who has been through these Bitcoin cycles before, and have seen how this market works.  Remember, the MSM is no friend to Bitcoin.

Re-buy at $200 then we can start all over again?

You never know. ETH went through a flash crash. There's always the chance that real Satoshi (if it is indeed one person and not a foundation) dies and the estate will have to liquidate to pay the estate taxes. (If Satoshi is a citizen of one of the countries that imposes such ridiculous taxes. US citizen would be bad. Japanese citizen would be even worse.) People forget that we have Satoshi's massive holdings hanging over our heads. Maybe Satoshi would never destroy his creation, but do you really think a government is going to care if they crash the market or not when demanding their estate taxes?

FUD
 

[fichtn12345]

I'd call this a bad sign. This same kid's story got trotted out at the height of the last bubble in 2013. Along with the story of a EU guy that found bitcoin on an old hard drive that he paid $27, then at the time in 2013 they were suddenly worth $886k. I think the news said he bought a condo or something.
http://www.maxkeiser.com/2013/10/man-buys-27-of-bitcoin-forgets-about-them-finds-theyre-now-worth-886k/

These kinds of stories I call the "sucker" stories, that get trotted out by the MSM so that the fence sitters finally cave and invest into Bitcoin right into a bubble and eventual downturn.

Stay wary my friends.

And no, I'm not trolling. I'm a permabull still 90% in who has been through these Bitcoin cycles before, and have seen how this market works.  Remember, the MSM is no friend to Bitcoin.

Re-buy at $200 then we can start all over again?

You never know. ETH went through a flash crash. There's always the chance that real Satoshi (if it is indeed one person and not a foundation) dies and the estate will have to liquidate to pay the estate taxes. (If Satoshi is a citizen of one of the countries that imposes such ridiculous taxes. US citizen would be bad. Japanese citizen would be even worse.) People forget that we have Satoshi's massive holdings hanging over our heads. Maybe Satoshi would never destroy his creation, but do you really think a government is going to care if they crash the market or not when demanding their estate taxes?

FUD
 

Confirmed. 

[Icygreen]

I'd call this a bad sign. This same kid's story got trotted out at the height of the last bubble in 2013. Along with the story of a EU guy that found bitcoin on an old hard drive that he paid $27, then at the time in 2013 they were suddenly worth $886k. I think the news said he bought a condo or something.
http://www.maxkeiser.com/2013/10/man-buys-27-of-bitcoin-forgets-about-them-finds-theyre-now-worth-886k/

These kinds of stories I call the "sucker" stories, that get trotted out by the MSM so that the fence sitters finally cave and invest into Bitcoin right into a bubble and eventual downturn.

Stay wary my friends.

And no, I'm not trolling. I'm a permabull still 90% in who has been through these Bitcoin cycles before, and have seen how this market works.  Remember, the MSM is no friend to Bitcoin.

Re-buy at $200 then we can start all over again?

You never know. ETH went through a flash crash. There's always the chance that real Satoshi (if it is indeed one person and not a foundation) dies and the estate will have to liquidate to pay the estate taxes. (If Satoshi is a citizen of one of the countries that imposes such ridiculous taxes. US citizen would be bad. Japanese citizen would be even worse.) People forget that we have Satoshi's massive holdings hanging over our heads. Maybe Satoshi would never destroy his creation, but do you really think a government is going to care if they crash the market or not when demanding their estate taxes?

FUD
 

Super cheap coins!  That would inevitably be a short term crash and at this point, those coins would get eaten immediately. After said event, massive confidence would return to the market with the new distribution. The only thing that could destroy bitcoin is people finding no real use for it any longer. For now that is certainly not happening.

[lightfoot]

Idaho teenager becomes millionaire by investing $1,000 gift in Bitcoin - and wins bet with his parents

http://www.telegraph.co.uk/news/2017/06/24/idaho-teenager-became-millionaire-investing-1000-gift-bitcoin/

Wow I'd missed this!!  That's the dream!

This can happen in every tech revolution. I was kicked out of college in the 80's for blowing up all of the vaxes by mistake (oops) and went into this project called Athena. Made far more money at that and had a far more fun time than if I had graduated with Cobol and been stuck as a programmer for 20 years.

Always keep an eye out for the odd stuff and give it a try. Flooze was odd but stupid. Bitcoin was odd but technically sound. Thus bitcoin is a good place to check out.