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

[Ivanhoe]

No, i am 27, why?

Because you probably didn't see the big picture of bitcoin and the financial world. You were probably just in it for a quick buck and bought into the hype. Too bad you did get burnt, but i tell you this is a time to buy not to sell.

[podyx]

Ivanhoe, are u implying it's impossible for a youngster(15-20) to realize the value in bitcoin?

Or just that it is more unlikely then a 35 year old?

[mmitech]

No, i am 27, why?

Because you probably didn't see the big picture of bitcoin and the financial world. You were probably just in it for a quick buck and bought into the hype. Too bad you did get burnt, but i tell you this is a time to buy not to sell.

I am here for the buck as well well 80% for the buck 10% for experimenting and 10% for the sake of this innovation.... you would be delusional if you would think that I would invest my money knowing that I will lose it.


some of you needs to stop being fanatics and grow up.


Edit: and don't fucking tell me "you are greedy, you don't believe in bitcoin you....." because I resigned my fucking job for this sake...

[igorr]

No, i am 27, why?

Because you probably didn't see the big picture of bitcoin and the financial world. You were probably just in it for a quick buck and bought into the hype. Too bad you did get burnt, but i tell you this is a time to buy not to sell.

Bitcoin has no value in the financial worlds, it is not currency !!!

[Ivanhoe]

Ivanhoe, are u implying it's impossible for a youngster(15-20) to realize the value in bitcoin?

Or just that it is more unlikely then a 35 year old?

Not impossible, but just more unlikely 

[Spaceman_Spiff]

Short-term looks bullish to me.

bid

It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium.  

I am just expressing my opinion.  I am interested in the opinion of others too, but please do not put on a lecturing tone.  Nobody has a crystal ball.

[podyx]

Ok, just curious

[jonoiv]

Short-term looks bullish to me.

bid

It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium.  

Denial.  Its a bull penant. Igorr showed us.

I have no idea which way it will go.

But it can't be a bull pendent, as a bull pendent can only be formed at the end of a strong up trend.  

You must be thinking of a bear flag.  

[billyjoeallen]

No, i am 27, why?

Because you probably didn't see the big picture of bitcoin and the financial world. You were probably just in it for a quick buck and bought into the hype. Too bad you did get burnt, but i tell you this is a time to buy not to sell.

Good, then buy my bitcoin at $556- $3 cheaper than yesterday. I'll buy it back at $447, I promise. A week ago these were premium $500 bitcoins. What the hell happened? If they are such a good deal, then why don't you buy? oh, that's right. You're broke. You're just a bunch of dumb-asses like me.

I never realized how annoying I was as a bull until I wasn't one anymore. Sorry, Fellas. I'll try to make up for it by being an even more annoying bear.

[JayJuanGee]

I will not buy that shit anymore. Totally useless  crap those cryprocurrency are
until i can pay with BTC for my Pizza, in grocery store of for other daily life services, i would prefer real money.

See you at $100,000+, then.  b/c the price per BTC may be well over $100k before all your wishes are satisfied... 

No problem.. I will sell you some of my BTC when you feel that you can use them better at any tom, dick or harry's shop.  I may even give you a 5% discount at such point, if I am feeling particularly charitable towards the BTC poor.

[Ivanhoe]

No, i am 27, why?

Because you probably didn't see the big picture of bitcoin and the financial world. You were probably just in it for a quick buck and bought into the hype. Too bad you did get burnt, but i tell you this is a time to buy not to sell.

I am here for the buck as well well 80% for the buck 10% for experimenting and 10% for the sake of this innovation.... you would be delusional if you would think that I would invest my money knowing that I will lose it.


some of you needs to stop being fanatics and grow up.


Edit: and don't fucking tell me "you are greedy, you don't believe in bitcoin you....." because I resigned my fucking job for this sake...

Earning money is good. Time = money thus money = time. And the more time you have the more freedom, so money is freedom. So it is noble to earn money for yourself.

[Spaceman_Spiff]

Ivanhoe, are u implying it's impossible for a youngster(15-20) to realize the value in bitcoin?

Or just that it is more unlikely then a 35 year old?

Not impossible, but just more unlikely 

I think youngsters probably are less likely to want bitcoin for "store of value" or "safe from confiscation" etc. , but are more likely to start using it as a currency once there are enough places to use it (for example poker sites etc.).

[billyjoeallen]

Short-term looks bullish to me.

bid

It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium. 

I am just expressing my opinion.  I am interest in the opinion of others too, but please do not put on a lecturing tone.  Nobody has a crystal ball.

My fucking tone? Are you serious? I wasn't being disrespectful, but now I am. Kiss my ass.

[jonoiv]

Huobi has taken a different direction now.   everyone is just waiting for someone to make a move.   

[Spaceman_Spiff]

Short-term looks bullish to me.

bid

It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium.  

I am just expressing my opinion.  I am interest in the opinion of others too, but please do not put on a lecturing tone.  Nobody has a crystal ball.

My fucking tone? Are you serious? I wasn't being disrespectful, but now I am. Kiss my ass.

I am serious.  I will not kiss your ass though  .  I know you weren't being disrespectful.  I just don't appreciate people telling me "what I am seeing" or how it is, I can make conclusions for myself.  I might be a bit oversensitive that way, though.

[JayJuanGee]

Ivanhoe, are u implying it's impossible for a youngster(15-20) to realize the value in bitcoin?

Or just that it is more unlikely then a 35 year old?

Not impossible, but just more unlikely 

I think youngsters probably are less likely to want bitcoin for "store of value" or "safe from confiscation" etc. , but are more likely to start using it as a currency once there are enough places to use it (for example poker sites etc.).

They also may like the technological aspects, the potential control without a bank and the hip factor of the latest and greatest

[Richy_T]

Ivanhoe, are u implying it's impossible for a youngster(15-20) to realize the value in bitcoin?

Or just that it is more unlikely then a 35 year old?

Not impossible, but just more unlikely 

I think youngsters probably are less likely to want bitcoin for "store of value" or "safe from confiscation" etc. , but are more likely to start using it as a currency once there are enough places to use it (for example poker sites etc.).

Possibly a good point that Bitcoin needs to jack into the youth crowd. That's more likely to be about ringtones and backgrounds than poker though.

[Spaceman_Spiff]

Ivanhoe, are u implying it's impossible for a youngster(15-20) to realize the value in bitcoin?

Or just that it is more unlikely then a 35 year old?

Not impossible, but just more unlikely 

I think youngsters probably are less likely to want bitcoin for "store of value" or "safe from confiscation" etc. , but are more likely to start using it as a currency once there are enough places to use it (for example poker sites etc.).

Possibly a good point that Bitcoin needs to jack into the youth crowd. That's more likely to be about ringtones and backgrounds than poker though.

Give 'em some credit.  First you get the smart ones who recognize the utility, then the ringtone crowd will eventually follow  .

[JayJuanGee]

Short-term looks bullish to me.

bid

It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium.  

Denial.  Its a bull penant. Igorr showed us.

I have no idea which way it will go.

But it can't be a bull pendent, as a bull pendent can only be formed at the end of a strong up trend.  

You must be thinking of a bear flag.  

I appreciate seeing these instructive charts, yet one thing is that they do NOT seem to have predictive value, until after the price has gone one direction or another, then you will describe what it "was" that was being observed.  In other words, whether it is a bear or a bull, they look the same, until the break out takes place.

[jonoiv]

In terms of the type of pendent.  Heres what it suggests.  

But,  obviously there are other factors.