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

[MoreFun]

Everyone are just waiting to buy back... lots of people sold low and now they don't want to buy at higher price. With all that money waiting (not yet on the bid side) the jump will be huge! But first somebody need to start the rally. 2-3 1k buys and the rally will be here  

Nicely told.

[mmitech]

the most important thing is that this crash is not china related, I see the dumps happening only at gox, china holding really good... in fact I think that china who brought the price back

[ardana123]

my peers all live by themselves throwing away money on rent or an overpriced mortgage. Fuck that.

Some would choose that over having to admit to a potential mate that they still live with their parents.

EDIT: Besides, nothing is worse than sex with your parents in the same house.

Well, I'm lucky that I don't have a potential mate then (and have for quite some time), nor sex in the last 3 years. Oh well.

[bitcodo]

Huh yeah that ASK wall was just eaten. Think people saying the price should be higher, unless of course it's the manipulator eating his own wall  

Yes, it seems so.

[MicroFi]

And UP UP UP!

[octaft]

my peers all live by themselves throwing away money on rent or an overpriced mortgage. Fuck that.

Some would choose that over having to admit to a potential mate that they still live with their parents.

EDIT: Besides, nothing is worse than sex with your parents in the same house.

What about with your parents in the same room???

Now that's just kinky.

[freebird]

I wouldn't even own a car if it wasn't for me living in a bumfuck town. I'm 24 still living at the parents because I want to save a lot of money (and be able to invest it stuff like bitcoin), while my peers all live by themselves throwing away money on rent or an overpriced mortgage. Fuck that.

Hah, the only friends I have who invested in Bitcoin are the ones who live alone. The ones living with their parents generally don't worry about money yet and think Bitcoin is 'a stupid scam'.

Wow, that's really unfortunate. The reason to live with your parents when you're young is precisely so that you can save and invest the money that you would otherwise be paying for rent. If they're not going to invest, then it's not worth the social sacrifice.

[ErisDiscordia]

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

Same here, I own a 13 year old Honda Civic since 3 years now. Never had anything break on it, cheap as fuk to drive around in...

Beats me why I would spend hard earned money on a status symbol like a fancy car. Even if I was rich i'd probably go for something midrange than a Ferrari or Porsche...

I wouldn't be surprised if this is a somewhat general characteristic of a typical 'bitcoiner'.  I have got a bunch of second-hand furniture, because it looks ok, does the job, and costs way less than new stuff.  Don't have a car either.  I would much rather invest the money that I save by doing so, in the hopes of becoming less dependent on income from my job, and doing only what I feel like doing.

Bolded part might be on to something. Bitcoin is by design encouraging saving and thus attracts people who would like to save. (But have only shitty ways of doing so thanks to the inflationary monetary system  )

[niothor]

My sofa cost me £10, but it does the job nicely

Where did you buy it from? Jerry Seinfeld?

[nesevis]

http://media.moddb.com/images/mods/1/16/15651/General_Yang.jpg
Buy them coins comrades!

[octaft]

my peers all live by themselves throwing away money on rent or an overpriced mortgage. Fuck that.

Some would choose that over having to admit to a potential mate that they still live with their parents.

EDIT: Besides, nothing is worse than sex with your parents in the same house.

Well, I'm lucky that I don't have a potential mate then (and have for quite some time), nor sex in the last 3 years. Oh well.

   

[MickeyT2008]

My sofa cost me £10, but it does the job nicely

Where did you buy it from? Jerry Seinfeld?

I got it second hand of course.  However, it'll have to go soon because my new puppy keeps chewing lumps out of it, but it's staying until she learns not to because I don't want the same happening to the replacement.  (which will probably cost a bit more).

I had to get my house furnished in a hurry with very little cash when my daughter came back to live with me.  I always meant to buy something better but (until I got my dog) there was nothing wrong with this one so it wasn't a priority

[ardana123]

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

Same here, I own a 13 year old Honda Civic since 3 years now. Never had anything break on it, cheap as fuk to drive around in...

Beats me why I would spend hard earned money on a status symbol like a fancy car. Even if I was rich i'd probably go for something midrange than a Ferrari or Porsche...

I wouldn't be surprised if this is a somewhat general characteristic of a typical 'bitcoiner'.  I have got a bunch of second-hand furniture, because it looks ok, does the job, and costs way less than new stuff.  Don't have a car either.  I would much rather invest the money that I save by doing so, in the hopes of becoming less dependent on income from my job, and doing only what I feel like doing.

Bolded part might be on to something. Bitcoin is by design encouraging saving and thus attracts people who would like to save. (But have only shitty ways of doing so thanks to the inflationary monetary system  )

Or it also could be that the main bitcoin crowd is comprised of tech geeks and nerds who wouldn't have any money to buy fancy stuff anyway

[DaRude]

And the biggest winners in these bubbles/corrections are... EXCHANGES no higher risks, but probably sky high profits on shit loads of volumes when sheep panic not knowing what to do constantly buying and selling few cents apart.

[Erdogan]

I'm not fully convinced the correction is over, but Bitcoin is here to stay.  I've learned that much and after some of the ignorance I see posted around the web in the various comments sections of negative Bitcoin articles it actually makes me respect you crazy people here, even more.  Most people just have no clue how the money in their pocket and the system they live under is robbing them.  And they celebrate it.  It's saddening because they "rah rah" for a system designed to steal from them.  It angers me that this system still stands and these greedy bastards are still getting away with such corruption.  

I know, off topic rant.  Just wanted to say...keep fighting the good fight.  The people need us, even though most don't yet know it.

How many people here wouldn't give up the SHA-256 backdoor to the NSA for a truckload of money if they could? Yea, let's not pretend to be the new Gandhis of the world..

But...nobody was supposed to know that! It's to early, ssssh!

[MickeyT2008]

And the biggest winners in these bubbles/corrections are... EXCHANGES no higher risks, but probably sky high profits on shit loads of volumes when sheep panic not knowing what to do constantly buying and selling few cents apart.

Which makes it seem a bit silly when people claim that MtGox are going bankrupt, they must have earned a small mountain of BTC and USD since they set up which should easily cover their recent losses.

[eindbaas]

http://www.youtube.com/watch?v=K2ku1A5Ox8U

[beaconpcguru]

And the biggest winners in these bubbles/corrections are... EXCHANGES no higher risks, but probably sky high profits on shit loads of volumes when sheep panic not knowing what to do constantly buying and selling few cents apart.

Which makes it seem a bit silly when people claim that MtGox are going bankrupt, they must have earned a small mountain of BTC and USD since they set up which should easily cover their recent losses.

The would have made no less than 400,000$ in just the 24 hours we went from 900 - 450.. extrapolate

[tomatitotarifa]

Sir, here, here, let me remove that stone for you and polish your shoes.

Does anyone else not even concerned, or is it just me? I'm enjoying just watching the chaos on the charts. Haven't sold a single BTC.

For me it's like getting a stone in my shoe while walking to the lottery to claim my winnings. It's annoying in the short term, but will have no effect in the long term.

[manfred]

And the biggest winners in these bubbles/corrections are... EXCHANGES no higher risks, but probably sky high profits on shit loads of volumes when sheep panic not knowing what to do constantly buying and selling few cents apart.

BTC-e 24h volume

   123,142.62 ฿
2,885,674.58 Ł

0.2-0.3 % fee
laughing all the way to the bank