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

[Ducky1]

I'm still saying stamp @ 900 by Wednesday. If true, I will be a prophet (in profit). I also made the mistake of believing the (probably) "one last crash" lie. Painful, but I still have enough to enjoy this rally:)

I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.

Well from our current point to 1240 everyone is going to be looking for a crash.

So if it happens we should all profit. These crashes always give us time to cash out even if we don't catch the top. And a crash will most likely be news related.

If it doesn't crash then we will still have our coins.

The only way to lose at this point is to try to predict the top or predict the crash and sell before.

As traders we have such an advantage. Be measured and you should be ok.

Thanks, I will be OK because i'm HODLING until a new top far above last ATH is reached.
Btw, will not everyone be looking for a crash also above 1240?

[adsdas]

Bitpay hacked? https://twitter.com/search?q=bitpay%20hacked&src=typd&f=realtime

[T.Stuart]

Thanks, I will be OK because i'm HODLING until a new top far above last ATH is reached.
Btw, will not everyone be looking for a crash also above 1240?

You know, theoretically-speaking if it ever were to become clear that we really were progressing onto an S-curve, I think every financially-wise person would cash out as little as possible, thus effectively negating the worry of a crash (disasters notwithstanding) for a fair while.

Incidentally I would however feel obliged while on the S-curve to spend plenty of Bitcoin to sustain the Bitcoin economy, which of course must evolve alongside the value of Bitcoin if things are to be sustainable. I don't know about others but personally I don't see Bitcoin working simply as a store of value like gold for example. Working as several things at the same time including as a store of value yes, but just something to be kept in a digital vault? No.

[T.Stuart]

Bitpay hacked? https://twitter.com/search?q=bitpay%20hacked&src=typd&f=realtime

Keep hodling folks. This is Bitpay's problem only.

[pietje]

Bitpay hacked? https://twitter.com/search?q=bitpay%20hacked&src=typd&f=realtime

Keep hodling folks. This is Bitpay's problem only.

This kind of news could be the thing what could cause the long awaited crash, you only need a small drop and the trollbox and panic will do the rest.

[T.Stuart]

Bitpay hacked? https://twitter.com/search?q=bitpay%20hacked&src=typd&f=realtime

Keep hodling folks. This is Bitpay's problem only.

This kind of news could be the thing what could cause the long awaited crash, you only need a small drop and the trollbox and panic will do the rest.

That's why it's best to stay calm.

[Dragonkiller]

so are those the bitcoins of the merchants? i don't understand, do some merchants keep their bitcoins at bitpay? so they have lost their coins if this is true?

[T.Stuart]

The story is not clear at all yet. Bide your time to find out the real facts!

[Hawkix]

Stolen BTC never went into selloff, if I remember correctly.

[mellowyellow]

Apparently this is the 80k just stolen from bitpay hack - https://blockchain.info/address/1Facb8QnikfPUoo8WVFnyai3e1Hcov9y8T

[T.Stuart]

To be honest, and I may be wrong, it looks like it could be bullshit at the moment.

[Dragonkiller]

Stolen BTC never went into selloff, if I remember correctly.

doesn't matter, if/when this gets to mainstream news if it's true, price will plummet

edit: i think it's just FUD tbh, price went up to quick, someone probably wants cheap coins

[Ducky1]

Thanks, I will be OK because i'm HODLING until a new top far above last ATH is reached.
Btw, will not everyone be looking for a crash also above 1240?

You know, theoretically-speaking if it ever were to become clear that we really were progressing onto an S-curve, I think every financially-wise person would cash out as little as possible, thus effectively negating the worry of a crash (disasters notwithstanding) for a fair while.

Incidentally I would however feel obliged while on the S-curve to spend plenty of Bitcoin to sustain the Bitcoin economy, which of course must evolve alongside the value of Bitcoin if things are to be sustainable. I don't know about others but personally I don't see Bitcoin working simply as a store of value like gold for example. Working as several things at the same time including as a store of value yes, but just something to be kept in a digital vault? No.

I think I will do something similar to rpietila's divestment plan as soon as the price have risen at least 5x my last buy in price. I'm a rather small fish, and still putting money into bitcoin whenever I have something left over (taking care not to invest more than I can afford to loose). As soon as there are bitcoin alternatives for things that I want to buy I will of course use that option (and buy back at the exchanges if price not over my target). Its very important to use the coins for what they where made for. (if my curve here: https://bitcointalk.org/index.php?topic=322058.msg4227238#msg4227238 turn out to be a useful description  even in the future it should go pretty fast btw)

[niothor]

Apparently this is the 80k just stolen from bitpay hack - https://blockchain.info/address/1Facb8QnikfPUoo8WVFnyai3e1Hcov9y8T

I don't see 80k gone today or yesterday from it , but from early December.
Also this is the total amount ever received , not how much was on it.

I smell FUD

[pietje]

Stolen BTC never went into selloff, if I remember correctly.

doesn't matter, if/when this gets to mainstream news if it's true, price will plummet

edit: i think it's just FUD tbh, price went up to quick, someone probably wants cheap coins

btc-e is dropping already, wonder why thats the first exchange to drop 

[molecular]

How will you guys feel about bitcoin when 99% of it is owned by 3 banks and they sparingly distribute it among whomever they deem worthy?

How will 3 banks acquire 99% unless people are stupid enough to sell?

It won't be stupid to sell when it becomes apparent the 1% are trying to acquire 99% of bitcoin.

lol. we'll just switch to litecoin. Let the 3 banks have fun with bitcoin and use it to prop up their balance sheets or whatever these people do.

EDIT: how did you leave my ignore list?

I PRAY for the bitcoin is adopted by big fellas. Even if they acquire the 99% of it, they will be OBLIGED to pay for services and the circulation will begin again. What's NOT gonna happen, is the extra-super-duper inflation we have now. Only 21mn there EVER will be. That's all. You can't keep them all. You need money to make the world go around...

The bolded part cannot be said often enough.

Even if governments / banks / rotshilds / big corps / and all the other fucktards adopt bitcoin and manage to grab a sizable chunk... they will henceforth have to be fiscally responsible and suffer the consequences of their actions just as everyone else. That's the way it should be. Not bail-out and lender of last resort bullshit we have now.

[saekki]

Apparently this is the 80k just stolen from bitpay hack - https://blockchain.info/address/1Facb8QnikfPUoo8WVFnyai3e1Hcov9y8T

There are transactions way before this day. Did they steal bitpays money for months or what?  

[Ducky1]

Stolen BTC never went into selloff, if I remember correctly.

doesn't matter, if/when this gets to mainstream news if it's true, price will plummet

edit: i think it's just FUD tbh, price went up to quick, someone probably wants cheap coins

Surely FUD, someone wants that crash.

[justusranvier]

Bitpay hacked? https://twitter.com/search?q=bitpay%20hacked&src=typd&f=realtime

Keep hodling folks. This is Bitpay's problem only.

So I tried to follow that link and then this happened:



Is that what I think it is?

[spooderman]

We've survived a hard fork, an exchange that broke at crucial times, various government power moves to our detriment. If price drops now, it's because someone wants your coins.