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

[YoYa]

We got movement!

A few spurts of premature ejaculation on the campaign donation news maybe?

Bill?!? That you? Is Hillary alright with you betting the fed on BTC?!?

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[ShroomsKit]

People are so panicky. Crazy. If someone even farts people just hit the sell button in total panic.

[adamstgBit]

this is going to take forever.... mage bull is bullish

[meh32123]

Awww i wanted final capitulation.

[Chainsaw]

Page 2500.
You know, if Bitcoin keeps up logarithmic growth, at some point it will exceed the page count of this thread.
What named parity would that be?

[ag@th0s]

rampion,

you abhor debt, but at the same time are dumbfounded why he would sell off his bitcoins so that he can get out of debt.

I sold hundreds of bitcoins back in march/april to eliminate myself of debt, and i regret NOTHING.

I see, its just that it takes a while to me to understand because i've NEVER been in debt in my life. NEVER.

In debt or held a debt? Don't they have credit cards in Transylvania?

[Rampion]

rampion,

you abhor debt, but at the same time are dumbfounded why he would sell off his bitcoins so that he can get out of debt.

I sold hundreds of bitcoins back in march/april to eliminate myself of debt, and i regret NOTHING.

I see, its just that it takes a while to me to understand because i've NEVER been in debt in my life. NEVER.

Debt is not bad as long as it it good debt,

Examples of good debt -
homes that you have equity in (tax right offs)
student loans if you have to have them (dont go to extreme, study your major, job opputunities and wages after graduation) - Also dont pay these off first, pay all other things off, incase you die no others have to pay for (unlike a mortage)
12 months same as cash - Do this all the time with furniture, tvs and such pay it off in 10 months so its not on a credit card and your cash is not upfront

Bad debt
Large car loans, no need to drive a $30k new car when a $3k dollar nice one works
Credit Card, - Yes everyone needs a credit card to pay for things but find a good rate, and pay it off within 6 months

Might be, not mi cup of tea. I guess that when you are used to debt you just do not feel any stress by owing money recurrently and consistently, month after month. I prefer to abhor it as a matter of principle.

[Richy_T]

Examples of good debt -

Not good debt, just less-bad debt.

Debt is a millstone and makes a the borrower a slave of the lender. Take it from someone who knows.

[worldlybedouin]

People are so panicky. Crazy. If someone even farts people just hit the sell button in total panic.

Guilty as charged!  I guess though the gods must have been looking out for me because I didn't fill in the fields correctly so it didn't register the "sell".  

Guess I'll count my blessings and hold like Leonidas!

[600watt]

edit:
ups, chainsaw was first.

[Rampion]

rampion,

you abhor debt, but at the same time are dumbfounded why he would sell off his bitcoins so that he can get out of debt.

I sold hundreds of bitcoins back in march/april to eliminate myself of debt, and i regret NOTHING.

I see, its just that it takes a while to me to understand because i've NEVER been in debt in my life. NEVER.

In debt or held a debt? Don't they have credit cards in Transylvania?

Yes they have, but I never use them for my personal expenses, I use debit cards. Why I shouldnt use the money I already have, instead of the one that I *might* have in the future? Good to have them in case there is an emergency, but why using them systematically and recurrently? Its plain retarded in my book.

[Spaceman_Spiff]

*yawn*, give us some action already.  At this point I might actually have to do something constructive with the rest of my day... 

[QuestionAuthority]

You're all right to hold on to some for the future, and I kept a couple just in case, but it does feel really good to have made money and cashed out. For many of the dream chasers here cashing out is a bedtime fantasy. I don't want to dream about it anymore. At what point do you cash out? At retirement or when you have a big purchase and need the money? Never? I hope the price goes to a million a coin and we are all rich off a few coins but I most likely won't live long enough to see that happen.

I haven't spent a coin since Jeremy was selling Amazon cards to Americans. So I've been saving for a long time. Time to spend!

How many coins did you cash out in total?

Just over 1800.

Edit: that's all I've ever had which includes spending at SpendBitcoins.

How are you planning to withdraw it from Gox though? Gonna take the 5% extortion fee?

That can't be helped. I may as well tell you, it's almost over now. I have several family members receiving from accounts I helped them make. They will receive the funds and transfer to me slowly. The extortion fee isn't as bad as the tax will be.

There is limit $10k USD/ month at gox. -> $500k is 50 man-months :-)  (if any)

That's right. That's why you need family or really, really close friends.

[adamstgBit]

*yawn*, give us some action already.  At this point I might actually have to do something constructive with the rest of my day... 

ya fuck this.

i'm out.

[MickeyT2008]

rampion,

you abhor debt, but at the same time are dumbfounded why he would sell off his bitcoins so that he can get out of debt.

I sold hundreds of bitcoins back in march/april to eliminate myself of debt, and i regret NOTHING.

I see, its just that it takes a while to me to understand because i've NEVER been in debt in my life. NEVER.

In debt or held a debt? Don't they have credit cards in Transylvania?

Yes they have, but I never use them for my personal expenses, I use debit cards. Why I shouldnt use the money I already have, instead of the one that I will have? Good to have them in case there is an emergency, but I why using them systematically and recurrently? Its plain retarded in my book.

I can agree with that and I too only use debit cards, I might not have much money but I'd rather spend it all on myself than have a chunk go in credit card charges, that's like volunteering to pay extra tax.

[bassclef]

People are so panicky. Crazy. If someone even farts people just hit the sell button in total panic.

Noobs need more testicular fortitude. One might start by ignoring the trolls who scream crash/manipulation/FUD every time they go short.

[gandhibt]

http://www.youtube.com/watch?v=sOnqjkJTMaA

[Parazyd]

Milestone page, maybe we reach a milestone price, say 1k?

[Rampion]

You're all right to hold on to some for the future, and I kept a couple just in case, but it does feel really good to have made money and cashed out. For many of the dream chasers here cashing out is a bedtime fantasy. I don't want to dream about it anymore. At what point do you cash out? At retirement or when you have a big purchase and need the money? Never? I hope the price goes to a million a coin and we are all rich off a few coins but I most likely won't live long enough to see that happen.

I haven't spent a coin since Jeremy was selling Amazon cards to Americans. So I've been saving for a long time. Time to spend!

How many coins did you cash out in total?

Just over 1800.

Edit: that's all I've ever had which includes spending at SpendBitcoins.

How are you planning to withdraw it from Gox though? Gonna take the 5% extortion fee?

That can't be helped. I may as well tell you, it's almost over now. I have several family members receiving from accounts I helped them make. They will receive the funds and transfer to me slowly. The extortion fee isn't as bad as the tax will be.

There is limit $10k USD/ month at gox. -> $500k is 50 man-months :-)  (if any)

That's right. That's why you need family or really, really close friends.

Really? Did they changed that recently? When I traded on Gox trusted status (apostilled docs) got you $100k daily for a max. of $500k monthly.

[solex]

The charts today are resembling the formation as at Nov 12th.

edit:
http://bitcoincharts.com/charts/bitstampUSD#rg60zigDailyzczsg2013-09-24zeg2013-11-11ztgSzm1g10zm2g25zv