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

[empowering]

Surprised we have not heard from Adam

https://bitcoinwisdom.com/markets/cavirtex/btccad

[JayJuanGee]

Feels like a bear trap. I'm still in fiat though. I need more convincing.

Good luck with your timing and your hesitancy.... and figuring out "when to get on the train."   you seem like the kind of person who would likely get left at the train station and one  who may be afraid of his/her own shaddow...   sorry about that.

Hehe, I'm on board now. Tchoo tchooo!

THAT's The  SPIRIT!!!


NO guarantees, though... and if the price keeps going down, I keep buying... b/c we know that it is going back up.. and will be going up much past these current prices.

[ChartBuddy]

Explanation

[JayJuanGee]

Feels like a bear trap. I'm still in fiat though. I need more convincing.

Good luck with your timing and your hesitancy.... and figuring out "when to get on the train."   you seem like the kind of person who would likely get left at the train station and one  who may be afraid of his/her own shaddow...   sorry about that.

This train is leaving since January. All the dudes wanting to get on the train but falling onto the railtrack, since no train is there.

A train with such delay must be a ponzie-train.

Wrong word... it is just called a delayed-train... you must be at the wrong train station b/c I see no one on the tracks and the train is actually sitting there with plenty of spaces available for almost anyone who wants to get on and who happens to know where they want to go, you need to be redirected... to the correct train and/or the correct train station...  hopefully, you will ask questions along the way in order that you get on the correct train... good luck.

[empowering]

LTC trying to bounce

[Newbie1022]

Bids filled. Waited for that since Sunday   Also thinking about moving funds on finex and opening some longs.

I see many here are buying back! 

I'd see what China does first and make sure we are at a bottom. That said, buy low and sell high... this play makes sense, but I'm simply not quite ballsy enough to go long quite yet.

We are going down for no reason and also few big walls on all exchanges were filled (i think those btc are removed from market for now), volume is still low, half of the asks on bitstamp are there just for manipulating the price, some longs on finex were already been closed... With all that, I think we're not going down much more. Maybe we will hit 565 on stamp but I wouldn't bet on that  

Don't be to greedy

A good thought. There really isn't much in terms of bids and asks holding the price either way. I tend to buy on the way back up rather than into a rout even if it means I lose out a little bit. Especially with the lack of tethering right now.

[kireinaha]

Surprised we have not heard from Adam

https://bitcoinwisdom.com/markets/cavirtex/btccad

adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.

Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?

[Newbie1022]

Bids filled. Waited for that since Sunday   Also thinking about moving funds on finex and opening some longs.

I see many here are buying back! 

I'd see what China does first and make sure we are at a bottom. That said, buy low and sell high... this play makes sense, but I'm simply not quite ballsy enough to go long quite yet.

We are going down for no reason and also few big walls on all exchanges were filled (i think those btc are removed from market for now), volume is still low, half of the asks on bitstamp are there just for manipulating the price, some longs on finex were already been closed... With all that, I think we're not going down much more. Maybe we will hit 565 on stamp but I wouldn't bet on that  

Don't be to greedy

A good thought. There really isn't much in terms of bids and asks holding the price either way. I tend to buy on the way back up rather than into a rout even if it means I lose out a little bit. Especially with the lack of tethering right now.

In positive news... it looks like 3500 will hold on OkCoin... nobody even attempted to test that wall. Definitely a good sign we might have found our bottom. I'm logged into the exchange and just waiting for the impulse now.

[Newbie1022]

Surprised we have not heard from Adam

https://bitcoinwisdom.com/markets/cavirtex/btccad

adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.

Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?

One thing I have to say about the permabears on here. They are an entertaining bunch.

[empowering]

Surprised we have not heard from Adam

https://bitcoinwisdom.com/markets/cavirtex/btccad

adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.

Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?

Yeah ! that is totally what I thought! it is amazing how you totally nailed that! wow I am just wow...  such concise , much analysis



(honestly)

[hdbuck]

Surprised we have not heard from Adam

https://bitcoinwisdom.com/markets/cavirtex/btccad

adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.

Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?

One thing I have to say about the permabears on here. They are an entertaining bunch.

[empowering]

[empowering]

Ok coin is having an embolism

[JayJuanGee]

Bids filled. Waited for that since Sunday   Also thinking about moving funds on finex and opening some longs.

I see many here are buying back! 

not buying back, just not yet.... the whole scene is just not convincing (yet)... feels good to be right when others calls you a troll for using your brain.

Yes.. I know you tend to be selectively memory correct... How's your litecoin advocacy campaign going?

[Dump3er]

Surprised we have not heard from Adam

https://bitcoinwisdom.com/markets/cavirtex/btccad

adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.

Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?

100,00$??? You said said 100,00$?

We will dump it to oblivion! So you can get 10,000 BTC for a pizza again.

Is that enough bear market, or you have some improvement proposals?

[empowering]

Bids filled. Waited for that since Sunday   Also thinking about moving funds on finex and opening some longs.

I see many here are buying back!  

not buying back, just not yet.... the whole scene is just not convincing (yet)... feels good to be right when others calls you a troll for using your brain.

Yes.. I know you tend to be selectively memory correct... How's your litecoin advocacy campaign going?

ha ha miaOW

[Spaceman_Spiff]

Speaking of Satoshi Nakamoto, I have a "historical" question.  When he set up the first mining node and started the current blockchain, did he see it as "the" blockchain, that one day would be used to buy servers from Dell, support investment funds, send people to jail, etc.; or did he think of it as an alpha-test of the protocol, that would be used only by computer nerds, only long enough to show that the idea was sound?

(IIRC there is nothing about that in the published paper.  Did he comment on that in his "epistles"?)

Yes.

http://www.reddit.com/r/Bitcoin/comments/1r8iwt/satoshi_and_hal_finney_discuss_the_value_of/

Hall is wrong about the economical aspect though.  Bitcoin wouldn't take the value of all the wealth in the world.  It would take over the value of the things it replaces (and perhaps some more for the value it creates), meaning the value of fiat (as currency and a savings vehicle), and to a certain degree of gold, bonds etc. (as savings vehicles) + who knows what.
Money is a commodity in its own right, and is valued as such.  It's not because the value of a house would be measured in BTC that bitcoin takes over the value of that house.

[empowering]

check out the change on Bitfinex http://bitcoinity.org/markets/bitfinex/USD

stamp still looking a little like it has just been fingered by gary glitter

Ok Coin still trying after the bounce off 3500 .. Huboi is slumbery

[JayJuanGee]

Surprised we have not heard from Adam

https://bitcoinwisdom.com/markets/cavirtex/btccad

adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.

Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?

Don't be ridiculous... Dogecoin was attempting to emulate bitcoin and attempting to play on some fun and attempting to shoestring itself to the success of bitcoin.. surely dogecoin had some success, but it has pretty much run its course... and it has pretty much had its fun in the sun.... ... bitcoin, on the other hand, is on a longer-term trajectory... so DONT be trying to make these kinds of difficult and inappropriate analogies b/c it just makes you look dumb.... and if you were in high school but acting as if you were in college.. or reverse.. woops.. am I onto something?   

[kireinaha]

It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...

What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."

If you're not a bear right now, then I'm sorry, but you're just insane.