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

[mah87]

SEEEEEEEEELLLL IT's FUCKING CRASHING !!! WHYYYY WHYYYY RUUUN AND SEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEELLLL !!!

[1714021013]

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[1714021013]

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[1714021013]

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[pungopete468]

I'm going to hold what I have; lock it away in cold storage and set a reminder on my calendar to check the Bitcoin price next year at this time...

If the price of coins fall I'll still continue to buy. I'd rather lose my entire investment than contribute to this foolish panic.

The only thing a sell off will accomplish is to redistribute the coins to even fewer holders...

[surfer43]

SEEEEEEEEELLLL IT's FUCKING CRASHING !!! WHYYYY WHYYYY RUUUN AND SEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEELLLL !!!

sorry bear
we are at the bottom  of the chart

[hdbuck]

I'm going to hold what I have; lock it away in cold storage and set a reminder on my calendar to check the Bitcoin price next year at this time...

If the price of coins fall I'll still continue to buy. I'd rather lose my entire investment than contribute to this foolish panic.

The only thing a sell off will accomplish is to redistribute the coins to even fewer holders...

and that would be people with deep pockets already.. dat cycle of life.. ^^

[billyjoeallen]

These bears are pretty weak. They claimed Bitcoin was done when it crashed to $3, when it crashed to $80 etc. Funny those bears aren't around anymore but we have this new generation saying the same shit and they think they are clever and original.  The bear markets are when you make your money, real money, crypto-not fiat. Being a herd animal is a valid survival strategy for most, but surviving isn't living. Being a cowboy on the edge of the heard on the verge of stampede, that's living.

If you believe in Bitcoin, hold your ground. Pick up some cheap coins when they are available. If you don't believe, it's ok. We'll take your coins. We don't need you, so vaio con Dios. The world needs losers or being a winner wouldn't mean anything.

[surfer43]

I'm going to hold what I have; lock it away in cold storage and set a reminder on my calendar to check the Bitcoin price next year at this time...

If the price of coins fall I'll still continue to buy. I'd rather lose my entire investment than contribute to this foolish panic.

The only thing a sell off will accomplish is to redistribute the coins to even fewer holders...

smartest thing you can do  

[surfer43]

These bears are pretty weak. They claimed Bitcoin was done when it crashed to $3, when it crashed to $80 etc. Funny those bears aren't around anymore but we have this new generation saying the same shit and they think they are clever and original.  The bear markets are when you make your money, real money, crypto-not fiat. Being a herd animal is a valid survival strategy for most, but surviving isn't living. Being a cowboy on the edge of the heard on the verge of stampede, that's living.

If you believe in Bitcoin, hold your ground. Pick up some cheap coins when they are available. If you don't believe, it's ok. We'll take your coins. We don't need you, so vaio con Dios. The world needs losers or being a winner wouldn't mean anything.

losing and winning is subjective 

[hdbuck]

These bears are pretty weak. They claimed Bitcoin was done when it crashed to $3, when it crashed to $80 etc. Funny those bears aren't around anymore but we have this new generation saying the same shit and they think they are clever and original.  The bear markets are when you make your money, real money, crypto-not fiat. Being a herd animal is a valid survival strategy for most, but surviving isn't living. Being a cowboy on the edge of the heard on the verge of stampede, that's living.

If you believe in Bitcoin, hold your ground. Pick up some cheap coins when they are available. If you don't believe, it's ok. We'll take your coins. We don't need you, so vaio con Dios. The world needs losers or being a winner wouldn't mean anything.

losing and winning is subjective  

the whole world is a zero sum game. some live. some die.

[ShroomsKit]

Wow, just came online. People are still dumping? Really?

[fonzie]

big spike in bitcoin days destroyed within the last couple of hours

https://blockchain.info/charts/bitcoin-days-destroyed-min-week?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

crash incoming?

[virtualfaqs]

big spike in bitcoin days destroyed within the last couple of hours

https://blockchain.info/charts/bitcoin-days-destroyed-min-week?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

crash incoming?

What does bitcoin days destroyed mean?

[billyjoeallen]

These bears are pretty weak. They claimed Bitcoin was done when it crashed to $3, when it crashed to $80 etc. Funny those bears aren't around anymore but we have this new generation saying the same shit and they think they are clever and original.  The bear markets are when you make your money, real money, crypto-not fiat. Being a herd animal is a valid survival strategy for most, but surviving isn't living. Being a cowboy on the edge of the heard on the verge of stampede, that's living.

If you believe in Bitcoin, hold your ground. Pick up some cheap coins when they are available. If you don't believe, it's ok. We'll take your coins. We don't need you, so vaio con Dios. The world needs losers or being a winner wouldn't mean anything.

losing and winning is subjective  

the whole world is a zero sum game. some live. some die.

Every man dies. Not every man really lives.

[JimboToronto]

oversized image

Moronic bearish trolling can sometimes almost be humorous, but wasting space with oversized images is just plain pathetic.

Are you that inept that you don't even know how to resize an image?

[ChartBuddy]

Explanation

[empowering]

[mah87]

oversized image

Moronic bearish trolling can sometimes almost be humorous, but wasting space with oversized images is just plain pathetic.

Are you that inept that you don't even know how to resize an image?

NO TIME TO RESIZE FUCKING MORON !!! THIS IS CRAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAASSSSSSSSSSHHHHHHHHIIIIIIIIIIIIIIIIIINNNNNNNNN NNNNGGGGGGGGGGG!!!



SELL !!

SELLLLL!!!!

SELLL !!

BEFORE THE BUBBLE BURST !!

[empowering]

oversized image

Moronic bearish trolling can sometimes almost be humorous, but wasting space with oversized images is just plain pathetic.

Are you that inept that you don't even know how to resize an image?

NO TIME TO RESIZE FUCKING MORON !!! THIS IS CRAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAASSSSSSSSSSHHHHHHHHIIIIIIIIIIIIIIIIIINNNNNNNNN NNNNGGGGGGGGGGG!!!



SELL !!

SELLLLL!!!!

SELLL !!

BEFORE THE BUBBLE BURST !!

[JimboToronto]

some crap

mah87, activity: 420

I can believe it.

 

[JorgeStolfi]

Some of us still have assets with Gox. Should we just die as well?

MtGOX has been buyig bitcoins for 10% or more over market price, on the average, at least since Sep/2013 -- if not much earlier:



Many people would rush there to sell bitcoins, few if any would consider buying there.

So, who is buying those coins?  How could they keep paying those over-market prices for so many months?  

If, hypothetically speaking, they have been playing Ponzi with their clients' coins, then no amount of waiting or complaining will get all those coins back.  Some clients might get lucky, but the last ones in the queue would lose.

In fact, the longer a Ponzi scheme is allowed to operate, the bigger the damage: the victims will keep increasing, and, once the scheme has begun to unravel, their assets will keep shrinking.

(As for their "reassuring" words in that message: I suppose that a Ponzi scheme cannot be called "fractional banking" unless it is done by a bank...)

[fonzie]

Hodlers and Goxers be like: