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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381001 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
derpinheimer
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August 11, 2014, 05:57:25 PM

Only 2.5k to 600. Looks like a great time to break it.

Yep. Give this an hour and if the asks dont spike up towards 22k, its going back up.
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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hd060053
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August 11, 2014, 05:57:59 PM


this bullshit is so 2012-2013.
findftp
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August 11, 2014, 05:58:17 PM

Soon it's panic buying time  Grin

3 ..2...1.. GO

Don't worry, if the whales can't induce panic selling with their dump, they'll just panic buy back their OWN coins.  Grin  And then back to ~$580-ish we go.
this^

same for Litecoin. I hope my speculative bet will be bought.
ShroomsKit
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August 11, 2014, 05:58:44 PM

Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?
ChartBuddy
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August 11, 2014, 05:59:45 PM


Explanation
ShroomsKit
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August 11, 2014, 06:00:12 PM

I was hoping it to go lil low Tongue 560 and I'm ready with lil buy order Smiley now I guess its recovering back to where it is from last couple of weeks.

So you're gonna risk losing out and probably panic buying at 600 because you want to save 20 bucks per coin?
findftp
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August 11, 2014, 06:00:37 PM

Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?
Never thought about ignoring people but your trolling is sooo obvious, it gets irritating.
Please troll once, and then shut up or be a whale and sell 50k bitcoin
derpinheimer
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August 11, 2014, 06:00:41 PM

Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?

If the price goes up because no one sells, it will be unstable. Sellers are needed. Lets see how well the market holds with a 10m bidsum at $10,000.
ShroomsKit
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August 11, 2014, 06:01:29 PM

Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?
Never thought about ignoring people but your trolling is sooo obvious, it gets irritating.
Please troll once, and then shut up or be a whale and sell 50k bitcoin

Welcome to my ignore list.
tarmi
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August 11, 2014, 06:01:40 PM

fonzie, did you close your longs? Cheesy

in the other news: litecoin going down. not quite news actually.

ShroomsKit
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August 11, 2014, 06:02:27 PM

Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?

If the price goes up because no one sells, it will be unstable. Sellers are needed. Lets see how well the market holds with a 10m bidsum at $10,000.

Sorry. Doesn't make any sense.
findftp
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August 11, 2014, 06:02:43 PM

Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?
Never thought about ignoring people but your trolling is sooo obvious, it gets irritating.
Please troll once, and then shut up or be a whale and sell 50k bitcoin

Welcome to my ignore list.
Why don't you actually do that instead of only saying it.
JorgeStolfi
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August 11, 2014, 06:03:06 PM

ShroomsKit selling on 550,00$.
A trader who publicly humiliates a colleague for losing money with a bad trade is like a fisherman who shoos away any fish that tries to nibble at his bait.  He has not quite grasped the concept yet.  Wink
Torque
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August 11, 2014, 06:03:26 PM

Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?

It's because these guys want to get rich off of bitcoin, not just make a lot of money.  But they are too impatient for their 3-5 BTC to make it all the way to $100K/ each.  So they figure that, hey, if it stagnates for a couple years, it will give them time to reach the 50-100 BTC they think they need to retire wealthy.

Stupid logic, things don't work that way.  Bitcoin doesn't just stagnate for years (while you accumulate), then jump 1000X overnight when you decide that you are ready for it to happen.  That wouldn't be exponential growth.  At all.

EDIT: See kireinaha's post below, he just proved my point.
empowering
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August 11, 2014, 06:03:45 PM

Less than a month after it first began accepting bitcoin, Dell has received a 85 BTC (over $50,000) order for a PowerEdge server order.
http://www.coindesk.com/dell-receives-50k-server-order-bitcoin/
Oh boy, those old-timers are getting rid of their coins for real.  What do they know that we don't know?  Wink

Did the price hit under $300 ?   https://bitcoinwisdom.com/markets/bitstamp/btcusd

Are there Bitcoin days being destroyed?  https://blockchain.info/charts/bitcoin-days-destroyed

Did something happen apart from... something I literally can hardly see on the 1d chart? https://bitcoinwisdom.com/markets/bitstamp/btcusd

Or are you or I in an alternate planet ? we are all on this one....


I am not sure that we are looking at the same thing... also what has this got to do with Dell?


Come on Hor-hey ... get with it...  there has been a little drop, we may even have a bit more.. and we may not... this is a market you know.
 Wink

edit: oh and if you mean that the buyer is someone that had old coins and is now panic swapping them for a $50k set of servers... then.. that is not elementary my dear Stolfi, not elementary at all.
kireinaha
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August 11, 2014, 06:04:06 PM

Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?

Me personally, I didn't know about bitcoin for the first few years. I have $5 a week to invest, so I hope it stays at least at the $400 level for the next few years so I can catch up with everyone else! Then we can go up again  Grin Grin
bassclef
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August 11, 2014, 06:06:15 PM

Oh Jesus guys, sell sell sell and keep it low for the next month.

Why??

Because we all love cheap coins.

Protip: good traders buy on the way down and sell on the way up.

How many more years do you want Bitcoin to go down exactly?
You've had 5 years for cheap coins. Wasn't that enough?
Do you realize you will make money if people stop selling all the time and the price goes up?

But I make more money if I accumulate on the way down. I trade to increase my coin stash, not to see my dollar value increase.

Most people here have not had years of cheap coins. Try months. Those that did sold them off at $100 or are rich enough not to waste time here.

In the future, the difference between having BTC1 and BTC10 will be substantial so there is high incentive to accumulate bitcoins by (including but not limited to) day trading, spreading FUD, sock-puppetry and talking your own book to convince newer traders to buy/sell. Don't fall for it.
Dump3er
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August 11, 2014, 06:07:23 PM

I was hoping it to go lil low Tongue 560 and I'm ready with lil buy order Smiley now I guess its recovering back to where it is from last couple of weeks.

So you're gonna risk losing out and probably panic buying at 600 because you want to save 20 bucks per coin?

There are buyers not only investing their allowance of 20,00$ to accumulate 1 Bitcoin. For adult investors, investing +10,000$ it is a difference. But you can't grasp it...
blatchcorn
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August 11, 2014, 06:12:22 PM

ZOMG Bitcoin fell $10!  What happened, did China ban Bitcoin!?  Shocked
kireinaha
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August 11, 2014, 06:12:53 PM

I was hoping it to go lil low Tongue 560 and I'm ready with lil buy order Smiley now I guess its recovering back to where it is from last couple of weeks.

So you're gonna risk losing out and probably panic buying at 600 because you want to save 20 bucks per coin?

There are buyers not only investing their allowance of 20,00$ to accumulate 1 Bitcoin. For adult investors, investing +10,000$ it is a difference. But you can't grasp it...

15 minute chart on Stamp looks like a tsunami. The first wave just crashed and left us a bit dazed, but now the water has pulled back and is prepping for the monster wave! We'll be testing $550 shortly I suspect. Hold on! Nom Nom!
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