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

[ChartBuddy]

Explanation

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[JayJuanGee]

I wouldn't be surprised if it took something major ie etfs going live to public investors. Tons of people don't have a clue what bitcoin really is...its more of buzzword, I am suggesting to any of my friends who want to invest that they truly understand what it is. Read the whitepaper read about the wallets etc.

I agree with you Davyd05 that regular people do NOT really have much of a clue about BTC (and even otherwise informed people) - however, the whitepaper and reading about wallets is probably NOT going to get "regular" people excited.. well, probably NOT. 

However, there are various resources for beginner bitcoiners.  I think almost all bitcoin exchanges, and blockchain and other bitcoin websites have FAQs and also bitcoin information for beginner sections.

Certainly, I am NO successful evangelist regarding these kinds of beginning bitcoin matters; however, i did put together an e-mail that I sent to several people who I thought may have been interested in investing in BTC, and my introductory e-mail has several of the basics about BTC and links to beginner information sources. 

I must have sent my e-mail to more than 50 people; however, I do NOT know about any of them who have actually taken action to set up a bitcoin account and to buy a bitcoin (or even a fraction thereof).  I had a few more than 10 out of those about 50 people ask me further questions about bitcoin and to engage in detailed conversations with me and each of them almost seemed as if they were interested in taking the next step to set up an account or something... but NOTHING, yet (NOT that I know of). 

It seems that "regular" people are fairly disinclined to get involved, in spite of the various good pieces of news and the increased number of large vendors coming on board; however, if we get another bubble to the $1k or $2k price range, some "regular" heads may begin to turn and some "regular peeps" may begin to open up accounts.. and buy some BTC.

yeah i've gone from the "you poor fool....this bitcoin sounds the equiv of you trying to get me into amway .ie ponzi scheme" (last fall)

to

"you poor foo....er what ....you made what.......again you made what?.....now I'm in the chilly silence phase..it is just NOT brought up in 'civilized conversation"

my next step in the above (I hope) is

'heard ebay/paypal and the nasdaq (facebook twins ETF fund) is doing bitcoin now ..how to I buy some again?...and WHY did you not tell me about this?
You should have forced me to buy some back last year (denial as a force in memory will be great among the unwashed non early bitcoin belivers me thinks)

silly hairless human primates we are all greedy little monkeys!

but yeah I'm currently in stage 2 above ...i feel the shunned in the manner with my bitcoin choices the same amount as a pregnant amish girl...the experience
imho is similar....would like some action on the ebay/paypal front etc...just so I can get this giant red B that is sewn on my chest off ..tired of being pointed
at with giggles (well it an't that bad but there is a 'deafening silence' from my friends about bitcoin that DID NOT  get any last fall when it was $150 usd thou

whatever this won't matter after the massive alien space invasion of 2015 anyway

Searing

It seems that a lot of us can see to where this story is going b/c in 2015, they will be saying, "Why didn't you get me in at $590?"  B/c in 2015, $590 will be like $150 is today... and people keep thinking that they want to go back and get the cheaper BTC prices, but there is NO going back.  You gotta act now at $590, rather than waiting and hoping for $150 b/c $150 is NOT gonna happen again, absent some flash crash or some amazing fluke.. and if it does happen, NONE of these on the fence people are gonna be "ready to buy."

[Sandia]

Also, when you referred to 0% territory.. I thought that you were referring to some earlier discussion in this thread about the prediction that Sandia had made that there was 0% chance that we would see $600  (https://bitcointalk.org/index.php?topic=178336.msg8228770#msg8228770).  There was further discussion about that prediction and about some bets that were proposed to him about his 0% chance prediction.  Sandia did NOT respond to any of those posts, even tough they were making good fun out of his 0% chance prediction.

At this point, even though BTC prices (on Bitstamp) are hovering in the lower $590s territory, I think that it is possible that they could go up to $600 on Bitstamp as well.... although it is possible that they will trickle back down to the lower $580s territory... who really knows?  except possibly a few up-all-night (24/7) whale manipulators?

I did not respond because they were silly and/or pedantic replies.  I have to give 1000:1 odds on Wall Observer prediction?  0% was hyperbole, which given the content of this thread, should be obvious.  Nothing with btc has a literal zero chance including $1M or $1 tomorrow.

I probably would have taken 4:1 or 5:1 on 48 or 72 hours, though.

With that said, that post was 1.5 days ago, I think.  We haven't slid down yet, but I seriously doubt we will see 600 in the next day or so. Worst case, I am down to 43% correct on btc predictions, which is about average here, I think.

[Davyd05]

I dunno but generally when people say 0% or 100% its to be definite. Now your saying there is still a chance for 1 or 1,000,000 or 600... hehe not just 0% percent.

[ChartBuddy]

Explanation

[ImI]

Huobi is on fire

[tarmi]

Huobi is on fire

bitstamp too, but in the opposite direction.

[Davyd05]

stamp dump at 10:03 utc huobi following up

[ensurance982]

stamp dump at 10:03 utc huobi following up

Boom! Back to the $580s! Almost missed that place! But it's good to see that Bitdump is leading and not China. It really is time that they follow the Western exchanges for a change!

[hdbuck]

Huobi is on fire

bitstamp too, but in the opposite direction.

the manipulators vs the manipulated..
question is: who's who?

[Phillis]

time to break through 590 and 600!

[dakota neat]

If Bitcoin survives this epic bear market it will be at 5k in a blink of an eye.

[Dump3er]

the manipulators vs the manipulated..
question is: who's who?

The manipulated manipulators, which are manipulating the opposite manipulated manipulators.

I think this must be some hidden alien war.

[Sandia]

I dunno but generally when people say 0% or 100% its to be definite. Now your saying there is still a chance for 1 or 1,000,000 or 600... hehe not just 0% percent.

So, I am going to be right in the end, yet I will continue taking crap.

[ChartBuddy]

Explanation

[JayJuanGee]

I dunno but generally when people say 0% or 100% its to be definite. Now your saying there is still a chance for 1 or 1,000,000 or 600... hehe not just 0% percent.

Yeah, he was exaggerating a bit and he came off of it a bit.  I have nothing against making assertive predictions;however when people begin to talk in absolutes, my antenna go up, and I will tend to discredit them... at least their communication skills...   

[JayJuanGee]

Huobi is on fire

bitstamp too, but in the opposite direction.

the manipulators vs the manipulated..
question is: who's who?

That quote is from Animal Farm.. last page, last paragraph..

[JayJuanGee]

I dunno but generally when people say 0% or 100% its to be definite. Now your saying there is still a chance for 1 or 1,000,000 or 600... hehe not just 0% percent.

So, I am going to be right in the end, yet I will continue taking crap.

Yep.  Anyone who talks in absolutes deserves to receive crap.   - even if they end up being correct.  The point is NOT about being correct, but communicating in reasonable ways.

Also:  Few of us appreciate subsequent post saying, "I told you so."  It is immature and unnecessary.

[JayJuanGee]

BTC-e is consistently ahead of bitstamp from last couple of days, that's not a usual sight. lets see who reaches 600 first.

Just seems like the bear whales are running out of people willing to sell their BTC at these low prices..

[ShroomsKit]

I'm so damn tired of these dumpers and these people putting up ask walls the minute we're about to go up.
It's like they do everything they can to make sure the price doesn't go above 600.
Sooooo tired of it.