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

[bassclef]

For example: Fox Business repeating that Bitcoin might go to $1 million
http://video.foxbusiness.com/v/2841813371001/is-bitcoin-the-currency-of-the-future/

This type of headline/hype is certainly keeping the world's best asset right in the face of every investor.

Make no mistake about it, Fox news is an enemy of holders, and they have a lot of sway in the US due to a relatively large viewership. I would be shocked if Bitcoin were ever presented in a positive light on that station.

If the producers are invested in Bitcoin, don't be so sure. Money talks.

[ChartBuddy]

[theonewhowaskazu]

It would be real swell if this weekend held another $80-ish dip for prime buying like last one did. Here's for them flash-bears.

[bnjmnkent]

To be sure, the goal of EVERY trader is to increase his wealth.

One of her goals is more correct imho. I like gaining trust through flawless trades a lot.

[seleme]

If these buy and hold smartasses could have it on their own someone would still trying to buy a pizza with 10 000 coins.

What a load of bullshit.

lol no.

Lol, yes. If absolutely all people would just hold like some are giving "smart" advices here, nobody would be able to buy a coin as nobody would selling them, so those coins would be absolutely worthless as Satoshi and 100 others would know about them.

"Buy and hold" gang (who would they buy from if everyone would do that..) are the biggest enemy of the Bitcoin. They're just too greedy twats to understand that.

Let's not single out the buy/hold crowd as the only greedy ones.   To be sure, the goal of EVERY trader is to increase his wealth.   That being said, you are exactly right, we need sellers.   Most of the current crop of holders will be sellers at whatever point they feel they have gained sufficient wealth to buy some of the things they need, say a car or house.

Of course we are all greedy at some point but they are just plain morons on top of that.

[Richy_T]

Just watch, there will be a ton of holders and early-early adopters waiting for 500. It could take us weeks, maybe months to get past that point. There will be enough coins for all who want to get in around that price.

[seleme]

Just watch, there will be a ton of holders and early-early adopters waiting for 500. It could take us weeks, maybe months to get past that point. There will be enough coins for all who want to get in around that price.

Early adopters, each and every of them, have sold loads already, their "buy and hold" advice policy is for those poor noobs so they don't ruin their party and chance to sell some more higher.

Mind you, it was tempting to not sell all or most earlier after acquitring their coins so cheap so hats of to them for not doing it but they're still full of shit

[Richy_T]

Just watch, there will be a ton of holders and early-early adopters waiting for 500. It could take us weeks, maybe months to get past that point. There will be enough coins for all who want to get in around that price.

Early adopters, each and every of them, have sold loads already, their "buy and hold" advice policy is for those poor noobs so they don't ruin their party and chance to sell some more higher.

Mind you, it was tempting to not sell all or most earlier after acquitring their coins so cheap so hats of to them for not doing it but they're still full of shit

Yes. Because a comment made on a forum read by a handful of people is going to make all the difference.

[Zangelbert Bingledack]

The funny thing about Bitcoin is that anyone in the ranks of the elite who understands it well enough to see it as a threat will automatically also want to own it. Now their interests are aligned with everyone's. They might be misguided, like Mellon, but they're Bitcoiners all the same.

Bitcoin is like the blob. Punch it and it just assimilates you.

[bassclef]

Just watch, there will be a ton of holders and early-early adopters waiting for 500. It could take us weeks, maybe months to get past that point. There will be enough coins for all who want to get in around that price.

Early adopters, each and every of them, have sold loads already, their "buy and hold" advice policy is for those poor noobs so they don't ruin their party and chance to sell some more higher.

Mind you, it was tempting to not sell all or most earlier after acquitring their coins so cheap so hats of to them for not doing it but they're still full of shit

They're not going to sell their coins just because you want more.

[Vycid]

If these buy and hold smartasses could have it on their own someone would still trying to buy a pizza with 10 000 coins.

What a load of bullshit.

lol no.

Lol, yes. If absolutely all people would just hold like some are giving "smart" advices here, nobody would be able to buy a coin as nobody would selling them, so those coins would be absolutely worthless as Satoshi and 100 others would know about them.

"Buy and hold" gang (who would they buy from if everyone would do that..) are the biggest enemy of the Bitcoin. They're just too greedy twats to understand that.

Are you stupid? That would make the Bitcoins more valuable if there was less supply.

There CANNOT be zero supply because coins are being mined all the time.

Hello?

[ChartBuddy]

[gizmoh]

US Banks are fighting Bitcoin hard:

http://www.forbes.com/sites/kashmirhill/2013/11/15/bitcoin-companies-and-entrepreneurs-cant-get-bank-accounts/


“Saying Bitcoin in a bank is like yelling fire in a theater,” says Kinnard Hockenhull, the 23-year-old founder of Bitbox.

We need to try that 

[crazy_rabbit]

Just watch, there will be a ton of holders and early-early adopters waiting for 500. It could take us weeks, maybe months to get past that point. There will be enough coins for all who want to get in around that price.

No. People who wanted to sell have mostly sold. Even people who were waiting for 500 now know it would be crazy to sell.

[alexeft]

If these buy and hold smartasses could have it on their own someone would still trying to buy a pizza with 10 000 coins.

What a load of bullshit.

lol no.

Lol, yes. If absolutely all people would just hold like some are giving "smart" advices here, nobody would be able to buy a coin as nobody would selling them, so those coins would be absolutely worthless as Satoshi and 100 others would know about them.

"Buy and hold" gang (who would they buy from if everyone would do that..) are the biggest enemy of the Bitcoin. They're just too greedy twats to understand that.

Let's not single out the buy/hold crowd as the only greedy ones.   To be sure, the goal of EVERY trader is to increase his wealth.   That being said, you are exactly right, we need sellers.   Most of the current crop of holders will be sellers at whatever point they feel they have gained sufficient wealth to buy some of the things they need, say a car or house.

Of course we are all greedy at some point but they are just plain morons on top of that.

There are lots of coins to buy at higher prices if you want!!! Why don't you buy them and leave us alone? 

[Odrec]

US Banks are fighting Bitcoin hard:

http://www.forbes.com/sites/kashmirhill/2013/11/15/bitcoin-companies-and-entrepreneurs-cant-get-bank-accounts/


“Saying Bitcoin in a bank is like yelling fire in a theater,” says Kinnard Hockenhull, the 23-year-old founder of Bitbox.

We need to try that 

Lol I went to my bank to make a wire transfer and the cashier asked me what was the reason for the transfer. I really hesitated about mentioning anything about bitcoin.

[F-bernanke]

US Banks are fighting Bitcoin hard:

http://www.forbes.com/sites/kashmirhill/2013/11/15/bitcoin-companies-and-entrepreneurs-cant-get-bank-accounts/


“Saying Bitcoin in a bank is like yelling fire in a theater,” says Kinnard Hockenhull, the 23-year-old founder of Bitbox.

We need to try that 

Lol I went to my bank to make a wire transfer and the cashier asked me what was the reason for the transfer. I really hesitated about mentioning anything about bitcoin.

None of their business.  Always answer drugs and whores.

[majamalu]

US Banks are fighting Bitcoin hard:

http://www.forbes.com/sites/kashmirhill/2013/11/15/bitcoin-companies-and-entrepreneurs-cant-get-bank-accounts/


“Saying Bitcoin in a bank is like yelling fire in a theater,” says Kinnard Hockenhull, the 23-year-old founder of Bitbox.

We need to try that 

Lol I went to my bank to make a wire transfer and the cashier asked me what was the reason for the transfer. I really hesitated about mentioning anything about bitcoin.

"Personal loan" 

[solex]

The liquid magma pool of trapped fiat in MtGox seems likely to erupt again soon.

[ChartBuddy]