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

[uhoh]

BAHAHAHAHAHA

Jorge, thank you

For those who like to extrapolate on log-scale charts:

Worldcom share price:


Wikipedia editing activity:
http://www.ic.unicamp.br/~reltech/2009/09-45.pdf

"Change is inevitable, except from vending machines."  (unknown)

LOL, they went bankrupt for christ's sake! It's a terrible comparison!

[aminorex]

Jorge is so far over the shark, that the Lewis trilemma applies.

I propose an escrowed reward pool for whoever can conclusively demonstrate Jorge's bitcoin holdings in excess of 25 btc by 30 June 2014, midnight.

[dreamspark]

Jorge is so far over the shark, that the Lewis trilemma applies.

I propose an escrowed reward pool for whoever can conclusively demonstrate Jorge's bitcoin holdings in excess of 25 btc by 30 June 2014, midnight.

Ill chip into that lol

[JorgeStolfi]

[ WorldCom was ]  found guilty of huge accounting fraud of course.

Yes, but the point is: exponential growth for the past N years is no guarantee that it will continue for one more year.

As @solex whote a couple of days ago, "the trend is your friend, until the bend in the end" 

[2017orso]

I don't have a hat, but if it drops below $350 will eat cupcakes (am gluten sensitive)

[ampere9765]

BAHAHAHAHAHA

Jorge, thank you

For those who like to extrapolate on log-scale charts:

Worldcom share price:


Wikipedia editing activity:
http://www.ic.unicamp.br/~reltech/2009/09-45.pdf

"Change is inevitable, except from vending machines."  (unknown)

LOL, they went bankrupt for christ's sake! It's a terrible comparison!

Hilarious though

All in good fun here

[roslinpl]

All of us must be confused about what is happening with the price...

We haven't seen price like this from ~halfyear ...

I don't believe it will drop to ~0.$ but if it will - it will be my luckiest day of my life

me and my 10 000BTC hehhehe

[bassclef]

Jorge is so far over the shark, that the Lewis trilemma applies.

Over 1600 posts in this thread since December. I can't think of a worse way to spend my free time.

[PoolMinor]

[podyx]

Man, fuck this market

[ampere9765]

It seems all my favorite posters are the most despised around here

[TeeBone]

Say what.....36% voters think btc over 500 on april 20th ? Talk about delusional.

[billyjoeallen]

That's the point, my friend. Buying at $10 after the June 2011 high of $32 seemed really smart...until they dropped to $2/BTC.  and stayed down for a year.  

The $10 buy wasn't just smart, it was genius.  Holding through the drawdown transcended genius itself.  You make a god-like move, and now you repent it?
I've heard that perfect is the enemy of good, but that's just crazy.

It was a good move, but hardly god-like. A god-like move would have me SHORTING at $10, buying back in at $2 and making 5X as much. or selling at $30 after my original buy- in @ $6, then buying back in at $3 and making 50X as much without spending an extra cent. I was just so afraid of missing the next choo choo train that didn't really come along until 2013.


I also lost a lot of those profits by keeping them on exchanges that shuttered. Sometimes keeping profits is as hard as making them, if not harder.

[jonoiv]

bot dumping on btce.  but it's just a bot ATM.

[KFR]

[ WorldCom was ]  found guilty of huge accounting fraud of course.

Yes, but the point is: exponential growth for the past N years is no guarantee that it will continue for one more year.

As @solex whote a couple of days ago, "the trend is your friend, until the bend in the end"  

You're awfully keen to revel in schadenfreude at the losses of others for someone who purports to be so concerned for the small investor.

[TERA]

Don't worry wall street is moving in any day now. On Jun 1, btc will IPO on nasdaq and there will just be one giant candle to $5000 regardless of whatever the chart was.

[rjp55]

Don't worry wall street is moving in any day now. On Jun 1, btc will IPO on nasdaq and there will just be one giant candle to $5000 regardless of whatever the chart was.

Seriously what is up your a**?

You predict downward and we go downward. This whole board is bearish. What is your problem? Where are you even reading such proclamations?

[Spaceman_Spiff]

Don't worry wall street is moving in any day now. On Jun 1, btc will IPO on nasdaq and there will just be one giant candle to $5000 regardless of whatever the chart was.

Seriously what is up your a**?

You predict downward and we go downward. This whole board is bearish. What is your problem? Where are you even reading such proclamations?

This board a week ago  .

[billyjoeallen]

Don't worry wall street is moving in any day now. On Jun 1, btc will IPO on nasdaq and there will just be one giant candle to $5000 regardless of whatever the chart was.

Is there a way to set stop losses when margin shorting on bitfinex? or a way to automatically close them after making  say 5%?  I'd like to get a little bit back from of that $6K that I gave you, if you don't mind. Not that I'm complaining. I consider it tuition money.

[rpietila]

Say what.....36% voters think btc over 500 on april 20th ? Talk about delusional.

That is soonish, and I did not vote so. But surely when it snaps back, 500 is the first line to fall, not the last. My forecast stands: "if 382 holds, 500 is breached by the end of month".