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

[tHash]

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.

You are either here because you want to see bitcoin succeed, because you want to gloat when it fails, or to make as much money off of other people while it fails.   You are clearly not here because you want to see it succeed, and are deplorable for either of the other two reasons.   Go away, and please let the door hit you on the way out.

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[kurious]

Off to bed - nothing to gain by staying up now - am out of fiat and pretty convinced 650 was about as low as it can go.

I hope to wake up and find I am not wrong - I trust rpietila and his cohort of fiat will keep our base level above this marker.

[gandhibt]

its 4:40am here at spain, i have been drinking beer and just started to smoke weed, this is maybe the best job in the world, at least for me

[kurious]

its 4:40am here at spain, i have been drinking beer and just started to smoke weed, this is maybe the best job in the world, at least for me

UK, 3.44 - just beer so far - but a spliff might be a good idea...  I need sleep - ask rpietlia to buy a few thou for me?

[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.

You are either here because you want to see bitcoin succeed, because you want to gloat when it fails, or to make as much money off of other people while it fails.   You are clearly not here because you want to see it succeed, and are deplorable for either of the other two reasons.   Go away, and please let the door hit you on the way out.

I am here to try and gain perspective into why people think that bitcoin is such a solid investment. In the real world there is no such thing as guaranteed returns, yet so many people here are applauding every time a man sticks his entire retirement fund into bitcoin or a kid who has been saving up for college hears about how bitcoin can double his money in a week decides it would be a good idea to put in all into bitcoin. You welcome these vulnerable naive people with open arms. It is you sir who is deplorable.

[gandhibt]

its 4:40am here at spain, i have been drinking beer and just started to smoke weed, this is maybe the best job in the world, at least for me

UK, 3.44 - just beer so far - but a spliff might be a good idea...  I need sleep - ask rpietlia to buy a few thou for me?

spliff is a fantastic idea, good nightcap

EDIT. i prefer a raw pipe thou

[Vigil]

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.

You are either here because you want to see bitcoin succeed, because you want to gloat when it fails, or to make as much money off of other people while it fails.   You are clearly not here because you want to see it succeed, and are deplorable for either of the other two reasons.   Go away, and please let the door hit you on the way out.

I am here to try and gain perspective into why people think that bitcoin is such a solid investment, in the real world there is no such thing as guaranteed returns, yet so many people here are applauding every time a man sticks his entire retirement fund into bitcoin or a kid who has been saving up for college hears about how bitcoin can double his money in a week decides it would be a good idea to put in all into bitcoin. You welcome these vulnerable naive people with open arms. It is you sir who is deplorable.

WTF?

[seleme]

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.

I never said I wasn't interested, it just seems that when someone comes up with a very valid argument that one of you bulls can not counter, they are either ignored or shunned.

Bitcoin is very interesting from an Anthropological standpoint.

It's Bitcoin enthusiasts forum, we don't really care about arguments of your type. Try with commenting on CNN articles about Bitcoin or so, you'll have more luck.

It seems you're an idiot, if you are unable to defend your opinions and ideals from other peoples rational arguments then you are no better than a cultist.

The thing is that I don't give a shit about your arguments. Hopefully, you'll understand that soon

[gandhibt]

guys chill out, love more, hate less

[spike420211]

How about a bounce to 1000 then to 400 and then to 2000?

well, I did a .25 BTC spew @ Seals, so it would help.

LOL  Don't you mean $.01?

goodbye this forum, amongst other things...

[Searing]

Pannicked. Sold BTC and bought LTC... Sigh... now I'll wait until LTC is 0.1 BTC to rebuy. Long way to go...

never admit you panic ..you are just following a "unique strategy" don't ya know....(hey works for me)

[ChartBuddy]

[emanymton]

guys chill out, love more, hate less

you are wise and kind gandhi, when will troll thread participants learn?

[DaRude]

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

Someone having a BTC1mil or a group having BTC1mil (AHA) bothers me more than BTC crashing to $200. Hopefully this is them cashing out and not manipulating to rebuy even more

[MikeH]

I am here to try and gain perspective into why people think that bitcoin is such a solid investment. In the real world there is no such thing as guaranteed returns, yet so many people here are applauding every time a man sticks his entire retirement fund into bitcoin or a kid who has been saving up for college hears about how bitcoin can double his money in a week decides it would be a good idea to put in all into bitcoin. You welcome these vulnerable naive people with open arms. It is you sir who is deplorable.

you're a dick, everyone knows bitcoin is volatile and most enter with only what they are willing to lose - there is mention of weak hands being played here, I don't think there are that many - more like greedy hands and greedier hands, selling on the way down with the intention to buy back in but I guess we'll see within a couple of days.

you also talk about the top 50 owning 30%, I don't know if that's true but in the fiat world the top 1% own 41%, the top 10% own 86% and we know they are for the most part, evil mother fuckers so bitcoins distribution is still a definite improvement.

[alexout]

downward trend, downward trend, downward trend.

Lots of bull traps along the way.

[seriouscoin]

Can you guys use the ignore feature? Life is too short to argue with idiots.

Thank you

[seriouscoin]

Pannicked. Sold BTC and bought LTC... Sigh... now I'll wait until LTC is 0.1 BTC to rebuy. Long way to go...

never admit you panic ..you are just following a "unique strategy" don't ya know....(hey works for me)

do tell, what is the unique strategy?

[NewLiberty]

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

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

Perhaps a sell off ahead of the weekend?  Sunday bottoms are common.  Sleep now, watch later.

[Equus]

This was funny the first time I saw it, and for the last couple of days it has been mildly annoying.

Now, I cling to it.   Every time I consider selling, I check the price on Bitcoinity, and I am reassured.


Douglas Adams was onto something.  I am now going to cultivate an NMP field around bitcoin until Monday.  Goodnight.


edit:  Oops.  I meant SEP field.