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

[sarc]

just thinking about the process of getting butthurt and then smelling of fear...unpleasant imagery.

...glad it's not me  .

[seleme]

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time  

[wonkytonky]

common .. selll goddamit.. fill my bids

[Jaroslaw]

common .. selll goddamit.. fill my bids

make some higer bid n00b like 5k wall and i will sell you instant

[humanitee]

Still holding like a pro.

Will be an interesting week.

[barbs]

I just made my btc position better by 5 BTC

[QuestionAuthority]

God, I'm tired of watching this! Someone just PM me when it's time to buy. lol

[Richy_T]

For those wondering where the common bitcoiner stands:

http://www.reddit.com/r/Bitcoin/comments/1hfxt6/mt_gox_breaks_90_bottom_speculation_from_here/

hard to say. Someone earlier said with all the good news why is bitcoin still crashing? Maybe the early adopters are dumping all their coins again. Speculators are panic selling in response?

Don't know why they wouldn't have been getting out at 150+ on the way up to 266. Greed maybe?

[Richy_T]

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time  

It's just the bubble deflating. I hope it doesn't have much farther to go but any damage was done months ago. Now we need to get to where we should be and let the other parts of the economy build what they need to.

[N12]

Bears are omnivores and can eat pigs.

[Dalib]

God, I'm tired of watching this! Someone just PM me when it's time to buy. lol

ok when we have bought, we'll send PM you to, you bought from us. LOL  

[Frozenlock]

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time  

It's just the bubble deflating. I hope it doesn't have much farther to go but any damage was done months ago. Now we need to get to where we should be and let the other parts of the economy build what they need to.

Yup, that's like booms induced by artificially low interest rates.
The problem isn't the crash coming after, it's the boom.

[barbs]

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time  

It's just the bubble deflating. I hope it doesn't have much farther to go but any damage was done months ago. Now we need to get to where we should be and let the other parts of the economy build what they need to.

Yup, that's like booms induced by artificially low interest rates.
The problem isn't the crash coming after, it's the boom.

One thing i've learned over the past few months here is most people on this forum don't know what they're talking about, and reading this fud does more harm than good.  There is still opportunity to make money and have fun trading btc today.

[seleme]

Don't quite agree, bubble brought loads of publicity bitcoin wouldn't get otherwise so it was good thing. Some got burned, some came to stay.

And crash is not problem or correction or whatever we call it, I'm talking about people being happy and pushing for it. Like Blitz for example - moderator on main bitcoin forum, just look at his posts since he sold. He was nowhere to be seen here but last few days can't stop posting same stuff.. If crash is something that is supposed to happen, I really don't think long time Bitcoin backers should publicly be happy about it, it's an awful thing to read by some noob who's considering going into cryptocurrency.

Kinda lame but I guess that's how it is..

[nmersulypnem]

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time  

The problem is that since there is a fixed amount of BTC, it incentivizes people to hoard it.  Which then causes them to panic dump it when the price falls.  What we need is a cryptocurrency with enough inflation to deincentive saving (hording).

[nmersulypnem]

Don't quite agree, bubble brought loads of publicity bitcoin wouldn't get otherwise so it was good thing. Some got burned, some came to stay.

And crash is not problem or correction or whatever we call it, I'm talking about people being happy and pushing for it. Like Blitz for example - moderator on main bitcoin forum, just look at his posts since he sold. He was nowhere to be seen here but last few days can't stop posting same stuff..

Kinda lame but I guess that's how it is..

Best thing for a currency is stability.

[ShroomsKit]

Don't quite agree, bubble brought loads of publicity bitcoin wouldn't get otherwise so it was good thing. Some got burned, some came to stay.

And crash is not problem or correction or whatever we call it, I'm talking about people being happy and pushing for it. Like Blitz for example - moderator on main bitcoin forum, just look at his posts since he sold. He was nowhere to be seen here but last few days can't stop posting same stuff.. If crash is something that is supposed to happen, I really don't think long time Bitcoin backers should publicly be happy about it, it's an awful thing to read by some noob who's considering going into cryptocurrency.

Kinda lame but I guess that's how it is..

It's obvious that guy shouldn't be a mod here.

[Spaceman_Spiff]

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time  

The problem is that since there is a fixed amount of BTC, it incentivizes people to hoard it.  Which then causes them to panic dump it when the price falls.  What we need is a cryptocurrency with enough inflation to deincentive saving (hording).

Go buy Freicoin then.  I won't be joining you since I don't like to buy depriciating assets...

[humanitee]

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time  

The problem is that since there is a fixed amount of BTC, it incentivizes people to hoard it.  Which then causes them to panic dump it when the price falls.  What we need is a cryptocurrency with enough inflation to deincentive saving (hording).

Go buy Freicoin then.  I won't be joining you since I don't like to buy depriciating assets...

+1.

Central bankcoin

[N12]

It's obvious that guy shouldn't be a mod here.

Exactly, noone should be allowed to have a bearish opinion on Bitcoin prices.

For the bulls who have been criticising me, here's a serious post with fundamental analysis I made over two months ago on the bearish outlook (price was in the 130s at the time): https://bitcointalk.org/index.php?topic=188829.msg1957530#msg1957530

Maybe that will help you guys understand my way of thinking.