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

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1.5btc withdraw from btc-e pending.....

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[adamstgBit]

new poll

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1.5btc withdraw from btc-e pending.....

showing in my wallet

[hdbuck]

new poll

bearish, if not fatalist, as hell

[adamstgBit]

new poll

bearish, if not fatalist, as hell

its what everyone is asking themselves...

this is the depression or fear phase of the bubble

[humanitee]

new poll

bearish, if not fatalist, as hell

its what everyone is asking themselves...

this is the depression or fear phase of the bubble

OH NO BITCOIN IS DEAD /not

Man the fuck up, everyone.

"Is the protocol broken" -> "no" -> "buy when the time is right"

[BitChick]

new poll

bearish, if not fatalist, as hell

its what everyone is asking themselves...

this is the depression or fear phase of the bubble

It will all work out.

Some of the news is actually bullish out there today telling everyone that now is a good time for new investors to get in and that Western Union needs to watch out for BTC
http://www.ibtimes.com/bitcoin-buyers-market-price-drop-brings-opportunity-new-investors-1554418
http://finance.fortune.cnn.com/2014/02/10/bitcoin-western-union-zipzap/

[c0dex]

The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!

I'm still in, but I see a long road ahead.

[Amechan]

new poll

"lower than"

[humanitee]

The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!

I'm still in, but I see a long road ahead.

Then take USD through Coinbase or Bitpay. There is no reason for a business not to accept bitcoin, other than laziness or the smallish user base.

[Rampion]

The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!

I'm still in, but I see a long road ahead.

You should stop thinking in fiat terms, then.

[pjviitas]

Anyone checking out the buy wall at GOX?

[N12]

The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!

I'm still in, but I see a long road ahead.

You should stop thinking in fiat terms, then.

Tell that to the super market cashier.

[c0dex]

The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!

I'm still in, but I see a long road ahead.

You should stop thinking in fiat terms, then.

Believe it or not, there are some of us who live in a world that operates on / with fiat and not all of us can simply "stop thinking in fiat terms."

[BitChick]

The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!

I'm still in, but I see a long road ahead.

The crazy thing is that we are way better off now than we were even a year ago. I was told that it used to feel like the wild west at the beginning with so many hackers and DDOS attacks on the exchanges which seemed like a daily occurrence a year or two ago.  We have come a long way but we still are enjoying some of the fun of being early adopters!

[c0dex]

The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!

I'm still in, but I see a long road ahead.

The crazy thing is that we are way better off now than we were even a year ago. I was told that it used to feel like the wild west at the beginning with so many hackers and DDOS attacks on the exchanges which seemed like a daily occurrence a year or two ago.  We have come a long way but we still are enjoying some of the fun of being early adopters!

I've been here for about 1.5 years so I absolutely remember how it was. My fear is that it's not ready for mass adoption yet and that all these things that keep happening reiterate that.

[UnDerDoG81]

Haha just realized our calendar image in the kitchen for february is a bear 

[aminorex]

I've been here for about 1.5 years so I absolutely remember how it was. My fear is that it's not ready for mass adoption yet and that all these things that keep happening reiterate that.

Why fear?  Clearly it is not ready for mass adoption yet.  Write some code.  Build a business.  Lots of opportunity remains!

[BitChick]

The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!

I'm still in, but I see a long road ahead.

The crazy thing is that we are way better off now than we were even a year ago. I was told that it used to feel like the wild west at the beginning with so many hackers and DDOS attacks on the exchanges which seemed like a daily occurrence a year or two ago.  We have come a long way but we still are enjoying some of the fun of being early adopters!

I've been here for about 1.5 years so I absolutely remember how it was. My fear is that it's not ready for mass adoption yet and that all these things that keep happening reiterate that.

As adoption grows the problems will show themselves for what they are, as in the case of Mt. Gox right now.  With Second Market announcing intentions to develop an exchange we are starting to see that the much needed infastructure is being built in front of our eyes.  This is why Gox's demise is probably a really good thing and the fact that it happened now, before Wall Street is throwing money in, is actually helpful in the long run.  It is a bit painful for us but if someone said that Gox going down would only cause the price to tank around $100 then I would have said that was a good trade in the long run.  Maybe I am crazy.

[bambou]

so hum... has everyone shotr now?