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

[Richy_T]

My god, I'm starting to want the price to go up just so we can see the back of these stupid doom trolls more than anything else.

[Davyd05]

I just love bitcoin more everyday, people lost in the quick greed, miss the fact were building up to a financial revolution.

[billyjoeallen]

My god, I'm starting to want the price to go up just so we can see the back of these stupid doom trolls more than anything else.

I doubt that will get rid of them. It hasn't any other time. Their envy is palpable. Their presence is the price of our success.

[Mythul]

I just love bitcoin more everyday, people lost in the quick greed, miss the fact were building up to a financial revolution.

Yeah people are so lost trying to make more $ with every coin that they forget the fact that BTC is a new technology and not some Monopoly game.
No wonder the all-time best strategy is HODLing. I think the 10.000 BTC pizza buyer agrees.  

[HairyMaclairy]

Ok I bought at 646.  Time to go up.  Lets see if I get plastered on this one 

[billyjoeallen]

I just love bitcoin more everyday, people lost in the quick greed, miss the fact were building up to a financial revolution.

I know, right? It's hilarious when I try to explain that it might take a whole year to triple your money. I'm really not used to being the voice of reason, caution and patience. i must be getting old.

[NWOreptilian]

I just love bitcoin more everyday, people lost in the quick greed, miss the fact were building up to a financial revolution.

we can worry about decentralized currency later....right now I'm trying to make a quick buck and buying on the downs seems like a very reasonable investment opportunity. HOLDing is great, more power to you, but where is the fun in that?

[billyjoeallen]

Ok I bought at 646.  Time to go up.  Lets see if I get plastered on this one 

$1 to the good so far!

[Richy_T]

My god, I'm starting to want the price to go up just so we can see the back of these stupid doom trolls more than anything else.

I doubt that will get rid of them. It hasn't any other time. Their envy is palpable. Their presence is the price of our success.

They always seem to come out more when the price is down by any amount for any amount of time for any reason. They just sound ridiculous when prices are on the way up so they shut up.

I don't mind a good bear. I even find myself agreeing with some of them short-term on occasion and take some good-natured ribbing in good spirits. It's just the incessant bleating gets tiresome (and I know that that is the desired effect so this isn't meant for their ears, just a general grouse). I still have no one on my ignore list but it gets tempting sometimes.

[Yololintian]

Willie is back dumping 100s of coins every few minutes on gox. I have a theory that this whole crash is being caused by one early adopter that put way too much faith in gox, leaving thousands of coins in there, and he fears they don't actually have his coins now so he's selling to be able to get something back when they default.

[Davyd05]

I just love bitcoin more everyday, people lost in the quick greed, miss the fact were building up to a financial revolution.

we can worry about decentralized currency later....right now I'm trying to make a quick buck and buying on the downs seems like a very reasonable investment opportunity. HOLDing is great, more power to you, but where is the fun in that?

I tell fonzie every-time his fud aligns with a crash, that if he's making money shorting great, my issues are the doom he spreads as if this is just a beanie baby styled fad. I am all for people day trading as well.  I bought coins and just wanted to hold em for a minimum of a year, my first bull prediction got blown out of the water for 1k coins by June. Wish I hadn't tried to Dollar cost average in during October.

My buddy told me he was discussing crypto with people at his work (security) someone got in at $5 for 200 coins, and sold them all at $100 hope it wasn't cause he thought we were doomed for single or double digits

[billyjoeallen]

Willie is back dumping 100s of coins every few minutes on gox. I have a theory that this whole crash is being caused by one early adopter that put way too much faith in gox, leaving thousands of coins in there, and he fears they don't actually have his coins now so he's selling to be able to get something back when they default.

gotta love newbies. You think that's an original theory?

[billyjoeallen]

I just love bitcoin more everyday, people lost in the quick greed, miss the fact were building up to a financial revolution.

we can worry about decentralized currency later....right now I'm trying to make a quick buck and buying on the downs seems like a very reasonable investment opportunity. HOLDing is great, more power to you, but where is the fun in that?

I tell fonzie every-time his fud aligns with a crash, that if he's making money shorting great, my issues are the doom he spreads as if this is just a beanie baby styled fad. I am all for people day trading as well.  I bought coins and just wanted to hold em for a minimum of a year, my first bull prediction got blown out of the water for 1k coins by June. Wish I hadn't tried to Dollar cost average in during October.

My buddy told me he was discussing crypto with people at his work (security) someone got in at $5 for 200 coins, and sold them all at $100 hope it wasn't cause he thought we were doomed for single or double digits

Don't feed the trolls.

[Richy_T]

Willie is back dumping 100s of coins every few minutes on gox. I have a theory that this whole crash is being caused by one early adopter that put way too much faith in gox, leaving thousands of coins in there, and he fears they don't actually have his coins now so he's selling to be able to get something back when they default.

If you have a bunch of money and you have a good (but small fraction of your overall wealth) amount of coins on Gox and you're pissed off with them and you expect you're probably not going to see your coins or fiat ever again, it might be tempting to dump just to make Gox look even more ridiculous.

[ChrisML]

My emotions are telling me to buy back in BIG right now.  

But my gut says I need to wait a little bit more.

So, yeah... I am waiting. And I fucking hate waiting.

Guess I was doing pretty well by not stepping in.

Got back from work and it already dropped to $380.

[Richy_T]

Don't feed the trolls.

Yes. Note that I didn't quote or refer to any troll directly. Sometimes it's hard to resist but overall, it's the best policy.

The aim of a troll is to get any response, good or bad. Anything you do or say is a victory in their twisted minds.

[billyjoeallen]

Don't feed the trolls.

Yes. Note that I didn't quote or refer to any troll directly. Sometimes it's hard to resist but overall, it's the best policy.

The aim of a troll is to get any response, good or bad. Anything you do or say is a victory in their twisted minds.

"I tell fonzie every-time his fud aligns with a crash, that if he's making money shorting great, my issues are the doom he spreads as if this is just a beanie baby styled fad. "

[hmmmstrange]

Willie is back dumping 100s of coins every few minutes on gox. I have a theory that this whole crash is being caused by one early adopter that put way too much faith in gox, leaving thousands of coins in there, and he fears they don't actually have his coins now so he's selling to be able to get something back when they default.

If you have a bunch of money and you have a good (but small fraction of your overall wealth) amount of coins on Gox and you're pissed off with them and you expect you're probably not going to see your coins or fiat ever again, it might be tempting to dump just to make Gox look even more ridiculous.

This is the most likely reason.

[billyjoeallen]

My emotions are telling me to buy back in BIG right now.  

But my gut says I need to wait a little bit more.

So, yeah... I am waiting. And I fucking hate waiting.

Guess I was doing pretty well by not stepping in.

Got back from work and it already dropped to $380.

That sounds so alien to those of us trading real bitcoins on real exchanges. The price is so out of whack. Perhaps we need an exclusively gox wall observer to avoid the confusion.

[Richy_T]

Don't feed the trolls.

Yes. Note that I didn't quote or refer to any troll directly. Sometimes it's hard to resist but overall, it's the best policy.

The aim of a troll is to get any response, good or bad. Anything you do or say is a victory in their twisted minds.

"I tell fonzie every-time his fud aligns with a crash, that if he's making money shorting great, my issues are the doom he spreads as if this is just a beanie baby styled fad. "

You're not quoting me there.