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

[BitChick]

Maybe we should all pitch in and offer to buy a years supply of Starbucks for the GOX staff if they can fix their crap by tomorrow?

Mark seems to really like his Frappuccinos.  

Just trying to think outside the box!  

(Fortunately, I have no coins there but hubby's friend still does even though he told him 7 times to get his coins off there.  Sigh.  What do you do?)

[fonzie]

MtGox about to open the Gates to sub 200.100 until thursday?

[podyx]

MtGox about to open the Gates to sub 200.100 until thursday?

[delphic]

Hi,

how are u doin with all your coins and money stuck in Gox?

Much butthurt?

Lololololololololololololololololololollololololololollololololololollololololo lolollololololololollololololololollololololololollololololololollololololololo l

Best Wishes

Fonzie

I do not have Bitcoins in Gox. I do not have USD in Gox. Idiot.

Stop PM'ing me, it's a waste of my mailbox space.

I have him on ignore, so I neither see, nor care, about most of the stuff Fonzie posts.

But seriously Fonzie, you need professional psychiatric help. I'm not kidding. Seek help. For your own sake.

[kkaspar]

I think your two goals are kind of at odds with each other...as soon as there is a hint that there is more stability and more "markets" lets say exchanges improved ecosystem and adoption growth and clearer regs etc..  as soon as the market gets (even more of) a whiff of that then , the price will go up to price it in, not down, unless "they" manipulate the exchanges to get a better price to buy in at...hmmm

Yes, that's the point. Investing into BTC is only attractive if there is a reason for the high price or the price would be low enough. When the price is high without a reason, other then desperation of fanatics, then it's not a good investment.
News I care about are:
a) Opening/Closing of markets
b) Changes in legislation
c) BTC code

Rest of the news don't mean much to me when speculating the price. During the previous period a,b and c have only been negative. So, to me, there is no rational reason for the price to be much over then it was before the China boom. It's not the first time when markets are not rational and hold the price up by fanatics or manipulators. And this kind of irrational market, that is held up by pillars that are on a verge of breaking, is a big no-no as an investment opportunity.
The price has to rest on a more solid base then on "will of the HODLERS", or it has to create real increase in demand. Either one has to happen to shock this 2 month old dead cat to life. It could of already have been in a slow and stable uptrend if the market would have been more rational and finished the "loss of China" crash without denial.
It's stupid because it only wastes time..

[windjc]

Hi,

how are u doin with all your coins and money stuck in Gox?

Much butthurt?

Lololololololololololololololololololollololololololollololololololollololololo lolollololololololollololololololollololololololollololololololollololololololo l

Best Wishes

Fonzie

I do not have Bitcoins in Gox. I do not have USD in Gox. Idiot.

Stop PM'ing me, it's a waste of my mailbox space.

I have him on ignore, so I neither see, nor care, about most of the stuff Fonzie posts.

But seriously Fonzie, you need professional psychiatric help. I'm not kidding. Seek help. For your own sake.

Fonzie is harassing people via Pm now?

That should be grounds for banning. Totally unacceptable. And completely desperate.

[Ivanhoe]

I already reported him for spamming, i hope it helps if everybody reports him. Seriously fonzie, the first and last time i react to you, please do something useful with your life. 24/7 trolling a bitcoin forum isn't really a high quality life is it?

[fonzie]

Well it was just a response to his post, that came out of nowhere. I haven´t talked to him before. He played the ball first.

Once a dumbass, always a dumbass. Asking for a explaination and once given, he shuts the fuck up. Probably doesnt know how to debate.

Doesnt really suprise me, thats normal when being braindead. If there's a mod on here, he should do his job by picking out the people with an IQ of below 60, and make them a "special" thread.

@windjc

i don´t need to post all the insults that you posted in the last weeks, do i?  so plz stop crying

[podyx]

I already reported him for spamming, i hope it helps if everybody reports him. Seriously fonzie, the first and last time i react to you, please do something useful with your life. 24/7 trolling a bitcoin forum isn't really a high quality life is it?

You should get used to this, there will be alot more people like fonzie when we are at $10k+

[pungopete468]

I think your two goals are kind of at odds with each other...as soon as there is a hint that there is more stability and more "markets" lets say exchanges improved ecosystem and adoption growth and clearer regs etc..  as soon as the market gets (even more of) a whiff of that then , the price will go up to price it in, not down, unless "they" manipulate the exchanges to get a better price to buy in at...hmmm

Yes, that's the point. Investing into BTC is only attractive if there is a reason for the high price or the price would be low enough. When the price is high without a reason, other then desperation of fanatics, then it's not a good investment.
News I care about are:
a) Opening/Closing of markets
b) Changes in legislation
c) BTC code

Rest of the news don't mean much to me when speculating the price. During the previous period a,b and c have only been negative. So, to me, there is no rational reason for the price to be much over then it was before the China boom. It's not the first time when markets are not rational and hold the price up by fanatics or manipulators. And this kind of irrational market, that is held up by pillars that are on a verge of breaking, is a big no-no as an investment opportunity.
The price has to rest on a more solid base then on "will of the HODLERS", or it has to create real increase in demand. Either one has to happen to shock this 2 month old dead cat to life. It could of already have been in a slow and stable uptrend if the market would have been more rational and finished the "loss of China" crash without denial.
It's stupid because it only wastes time..

I agree with you mostly except for the price resting on pillars on the verge of breaking. There's been a major increase in adoption and the demand is growing rapidly.

I honestly think the bottom of this downtrend is $600; anything less will be bought either by new users or existing ones. In this market we have a catch-22 where a large number of the speculative traders are looking for a larger crash but the market has changed so dramatically in the last several months that the support level is higher than anticipated. The population is growing; even now in this time of FUD the market is flooding with new users...

I think as soon as the speculative investors start to realize that the bottom is already in they will contribute to the next rally by reinvesting...

[BitChick]

I had an epiphany at lunch.  Gox will succeed in spite of all the crap they are pulling.  Why do I think this?  Because in a very weird way Gox has created the perfect gambling web site.  People see the undervalued or overvalued price and with the same rush of adrenalin they get as a "fun" trip to Vegas, they throw their money in with hopes to take advantage of the "game" even if they may very well lose everything.  

[Arcas]

Guys, what if the crash at MtGox was caused by the Scottish government. They attacked MtGox so that they could gather a large reserve of bitcoins, and when they secede from the UK and drop the Pound, they will mint their new currency backed with their new bitcoin standard.

[fonzie]

266$ choooooo chooooo we´re breaking it.

Again
 

[JimboToronto]

Seriously fonzie, the first and last time i react to you, please do something useful with your life. 24/7 trolling a bitcoin forum isn't really a high quality life is it?

It's getting pretty old.



Edit: Then again so am I. 

[fonzie]

Guys, what if the crash at MtGox was caused by the Scottish government. They attacked MtGox so that they could gather a large reserve of bitcoins, and when they secede from the UK and drop the Pound, they will mint their new currency backed with their new bitcoin standard.

That´s what i thought all night! Everything else is just dumb conspiracy

[delphic]

I had an epiphany at lunch.  Gox will succeed in spite of all the crap they are pulling.  Why do I think this?  Because in a very weird way Gox has created the perfect gambling web site.  People see the undervalued or overvalued price and with the same rush of adrenalin they get as a "fun" trip to Vegas, they throw their money in with hopes to take advantage of the "game" even if they may very well lose everything.  

I thought about having an epiphany at lunchtime too, but local deli was out of them.

[windjc]

Fonzie is now spamming my and other posters PM boxs.

Obviously this guy is 15 years old or something.

[macsga]

Maybe we should all pitch in and offer to buy a years supply of Starbucks for the GOX staff if they can fix their crap by tomorrow?

Mark seems to really like his Frappuccinos.  

Just trying to think outside the box!  

(Fortunately, I have no coins there but hubby's friend still does even though he told him 7 times to get his coins off there.  Sigh.  What do you do?)

I could bet the chap is a Greek. He's not though; he's an expatriate French that lives in Tokyo JP. I have a colleague that runs around the office with a bucket of frappuccino like this; the annoying parts are that:
a) He's twisting and circling his hands horizontally so that the ice cubes are making this HORRIBLE noise (brkbrbrbrbrbrbkrbkr...) .
b) HE LOOKS JUST LIKE HIM!
c) WTF!??!  

Jeeeezzzz  

[ChartBuddy]

Explanation

[JimboToronto]

Fonzie is now spamming my and other posters PM boxs.

Obviously this guy is 15 years old or something.

Chronologically, perhaps. Emotionally, socially and developmentally he's probably closer to 12.