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

[Nemo1024]

i know why this is happening.  its cause i quit smoking

Haha, I guess you are having a terrible time now. I couldn't do it without cigs at moments like this.

I played Force Unleashed II on Hard and in-between battles checking where the market is, and if I need to update my buy/sell positions. A very good way to vent off the stress.

I've cashed out for the night Bitstamp:$827. Actually, it's soon morning here in Europe...   My last 2 night's greatest regrets were that I was not all out while sleeping.

[seleme]

This is the kinda sentiment I'm talking about, but this will not fly in the real world.

Didn't you say BTC was done for?  What are you still doing here?

I'll never understand these guys. Bitcoin is doomed? Fine, go watch porn please.

[JimboToronto]

Yeah, I don't think we're quite done yet. 'Course, that could be my bid talking. 

Bid, singular?

[adamstgBit]

Everyone that sold today is going to out and tell all there friends how cool bitcoin is, and then they will feel really silly when we are back over 900 sunday night.

[humanitee]

So many coins being coughed up. From the weak to the strong, all day long.

[beaconpcguru]

Just blame it on mtgox http://www.youtube.com/watch?v=K2ku1A5Ox8U

sorry but have not gone back in the thread to check..but briefly ....what is the consensus on here for the floor on this? or its anyones guess?

myself I figure 500....but then I know diddly

Searing

During the push down there was over 8000 coins added to several exchanges sell sides to make it look like it was losing demand.. those coins have since been removed and buying is commencing on the way... UP

Its a bounce.

Your hoping because the reality of being wrong is setting in fast

3rd floor please elevator

[beetcoin]

maybe those who vowed to sell after BTC hit $1k weren't wrong after all. well, at least if they re-buy in.

[seleme]

Just blame it on mtgox http://www.youtube.com/watch?v=K2ku1A5Ox8U

sorry but have not gone back in the thread to check..but briefly ....what is the consensus on here for the floor on this? or its anyones guess?

myself I figure 500....but then I know diddly

Searing

During the push down there was over 8000 coins added to several exchanges sell sides to make it look like it was losing demand.. those coins have since been removed and buying is commencing on the way... UP

Its a bounce.

Your hoping because the reality of being wrong is setting in fast

I have lot of fiat ready to buy some cheaper coins but still want it to go to 1000 rather than to my bids. But I don't think he is wrong. There is still blood around

[TiagoTiago]

As you may notice the pumping bulls are starting to get scared, we aren't going to see all time highs ever again. Bitcoin will level off and media attention will die off since we're the only reason it was there to begin with was because we were in a period of expontential growth.

People will look back in 3 years time and laugh about how a virtual currency with so many intrinsic flaws managed achieve a market cap of over 12 billion.

Cryptocurrencies may be the future, but it will not be bitcoin.

You need to work on your trolling. C-

Early adopters of BTC hold such a large percentage of the overall wealth, the top 50 BTC holders have over 30% of the total bitcoins ever mined. That is the equivalent of the top 50 richest people in the world all being worth well over 100 billion usd. Is this fair?

Satoshi alone is estimated to have in the region of 5-7% of all the bitcoins ever mined, are we just to accept that he will be our overlord when bitcoin becomes mainstream?

The idea behind bitcoin is good, there are definitely a lot of upsides to a decentralized currency, but bitcoin was built by one man, satoshi isn't a god (despite what a lot of you here may think) and bitcoin isn't perfect.

I for one, welcome our new cryptogenius overlord.

This is the kinda sentiment I'm talking about, but this will not fly in the real world.

Satoshi might not be perfect, but he would definitely be better than the people that are currently in charge of the world.

[ChartBuddy]

[traderCJ]

Look how twitchy Bitstamp is.  When BTC China drops 50 RMB, Bearstamp drops a good $20-30.

I think perspective is important.  The first time BTC China broke 4800 RMB was .. 11/18.  Less than a month ago.  As usual, the market goes into absolute closed-loop, positive feedback hysteria and the whales eat the plankton.

[pokerman]

This is the kinda sentiment I'm talking about, but this will not fly in the real world.

Didn't you say BTC was done for?  What are you still doing here?

I'm sorry, you're right, unless I'm a bull trying to pump BTC to all time highs as much as possible I shouldn't be here.

[kurious]

So - when does the fat lady sing...?

Come on graph experts - call it - I need some shut eye!

[seleme]

I wish I rebought so I could chill now...

[mvidetto]

Dump #2 incoming most likely, when you least expect it.

[seleme]

This is the kinda sentiment I'm talking about, but this will not fly in the real world.

Didn't you say BTC was done for?  What are you still doing here?

I'm sorry, you're right, unless I'm a bull trying to pump BTC to all time highs as much as possible I shouldn't be here.

Well, if you're not interested in BTC and think it's failure I really don't see a point. I don't go on places I'm not interested in.

[traderCJ]

Dump #2 incoming most likely, when you least expect it.

Could be that same guy who bought in heavy @ 3800 hoping to create another panic.  Why not?  He will make a killing again.

[pokerman]

As you may notice the pumping bulls are starting to get scared, we aren't going to see all time highs ever again. Bitcoin will level off and media attention will die off since we're the only reason it was there to begin with was because we were in a period of expontential growth.

People will look back in 3 years time and laugh about how a virtual currency with so many intrinsic flaws managed achieve a market cap of over 12 billion.

Cryptocurrencies may be the future, but it will not be bitcoin.

You need to work on your trolling. C-

Early adopters of BTC hold such a large percentage of the overall wealth, the top 50 BTC holders have over 30% of the total bitcoins ever mined. That is the equivalent of the top 50 richest people in the world all being worth well over 100 billion usd. Is this fair?

Satoshi alone is estimated to have in the region of 5-7% of all the bitcoins ever mined, are we just to accept that he will be our overlord when bitcoin becomes mainstream?

The idea behind bitcoin is good, there are definitely a lot of upsides to a decentralized currency, but bitcoin was built by one man, satoshi isn't a god (despite what a lot of you here may think) and bitcoin isn't perfect.

I for one, welcome our new cryptogenius overlord.

This is the kinda sentiment I'm talking about, but this will not fly in the real world.

Satoshi might not be perfect, but he would definitely be better than the people that are currently in charge of the world.

I don't think anyone really understands, this can not happen, it doesn't matter how benevolent a person is believed to be, we can not have someone who controls that much wealth, and its not only Satoshi.

Have a look at this list and reevaluate your opinions.
https://bitcointalk.org/index.php?topic=321265.0

[Vigil]

Come on down, Rumpelstiltskin.

[kurious]

Funny the bottom might well have been exactly half what wall street reckoned was the BTC realistic price...

Maybe BTC has a sense of humour?

Holding for dear life, despite paper wealth depleted by a hell of a lot (in fiat terms) in just a few hours.

Come on Bitcoin, torch some bears for me?