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

[fonsie]

In a few years this wil be remembered as an epic bear trapp, as the graph pictures have proven.

[inca]

The thing about mmitech, shroomskit kreinaha et al is that they are dishonest. They proclaim the end of the world to induce selling from others, whilst secretly waiting to buy back in at a lower entry.

Good job guys!

+1  Yep.... you said it.

I do wonder if you would consider the opposite as dishonest: Bulls talking something up saying Wall Street any moment now, revolution is now, 10k USD by July etc. to get a higher price so that they can sell at (more) profit, say in the mid 600s.

Interesting point there blitz. I suppose calling for 10k next month is similar if the motives are simply to sell out for the cash. But I think most bulls believe in bitcoin and want to hold it. Not to mention that has happened 3 years in a row.

The three I mentioned calling for the end of the world are also bulls but are shamelessly attempting to change sentiment during volatility so they can rebuy more coins at a lower price. That is dishonest in my view.

Its s free country though

[X7]

In a few years this wil be remembered as an epic bear trapp, as the graph pictures have proven.

I am fine riding the waves the whales create - splash the water baby! - looking like a 530 worst case (if it hits 400's I am selling my fckin Alts and buying lol)

[Tzupy]

Good news, bitstamp chart is working at bitcoincharts again!
I was getting worried that I'll miss important indicators for the unfolding of this nice capitulation.

[chromosoma]

But i, i just wanted to mine some coins. ...(

[X7]

Good news, bitstamp chart is working at bitcoincharts again!
I was getting worried that I'll miss important indicators for the unfolding of this nice capitulation.

So many people are dumping for a loss lol - I experience mirth in these moments - Fear is the strongest of our emotions.

[barbs]

This is fing spectacular just like the old days

[Krabby]

sh33sh y'all..

[akujin]

DIE BASTARD! MWAHAHA!  

[podyx]

Gotta love how the hash rate grows exponential while the price is moving down lol!

This beast is going places sooner or later..

[fonzie]

Let´s see if 500$ holds for the rest of the week.

[X7]

Let´s see if 500$ holds for the rest of the week.

inb4 the OMG SATOSHI IS DUMPING posts lol

[mooncake]

Margin call from BFX?!  

[N12]

Good news, bitstamp chart is working at bitcoincharts again!
I was getting worried that I'll miss important indicators for the unfolding of this nice capitulation.

Finally, thanks for the reminder. I'm really getting fed up with bitcoincharts' availability issues even though I would like it better, I'm using TV mainly now until it gets better.

[mmitech]

Let´s see if 500$ holds for the rest of the week.

$300 in a couple of months

[freebit13]

Gotta love how the hash rate grows exponential while the price is moving down lol!

This beast is going places sooner or later..

Exactly this, there is too much money going into mining, for bitcoin to simply roll over and die...

[chromosoma]

How is it possible, i bough  my first miner in end of December and we experienced BTC crash.  Now, i purchased some used Zeusminer blizzards, and today i received them. What do we observe, same shit....) SO the BTC was an epic scum  to  get on my money, or what???

[Schickeria]

no more bubbles. but stable and constant growth.... and I wish that will happen, so most of the greedy bastards here will learn a lesson.

A stable and constant growth is only possible in short to mid term times spaces. The fundamentals of the bitcoin economy can not handle this kind of growth. A strong bear market, going down to low 300's - possible. A stronger bear market , going down to 100's - possible. A stable and constant growth over several years - no.

Thank you for the astute analysis - please... have a seat and enjoy a nice tall glass of stfu - you are whats wrong with BTC - plzlearn2economics

.

Why so upset?

I studied economics (Volkswirtschaft). Well, I could tell you that I'm Julio Iglesias, too. But however. A stable and constant growth is not possible - just my point of view. No reason to freak out ;-)

In the off chance that you are economic studying Julio Iglesias - your knowledge has indoctrinated you in a world you cannot move past - I know a lot of 'educated' people who fail to see a HUGE paradigm shift.

But I also saw that when I tried to explain to an elderly man that the post office would take a back seat to email and he told me I was speaking 'rubbish'

You can't stop technology - and good luck trying to block the truth - Bitcoin is our only chance to have TRUTH in an otherwise nebulous money society.  

I'm not saying that bitcoin will fail or is forced to fall back to the 100's. But it could. Being aware of the risks of a very, very young market let me see downward movements with composure. I doubt that bitcoin could growth in a harmonic way, since it's not the way in which young markets are growing.

Being an ecomist does not qualify me to make valid judgements about the bitcoin future. In some cases even high qualified economists fail to make valid conclusions regarding very young and volatile markets:

http://www.handelsblatt.com/unternehmen/banken/commerzbank-chefvolkswirt-bitcoins-haben-auf-dauer-keine-chance/9118802.html

[Dalmar]

BFX margin long idiots never learn.

[fonzie]

How is it possible, i bough  my first miner in end of December and we experienced BTC crash.  Now, i purchased some used Zeusminer blizzards, and today i received them. What do we observe, same shit....) SO the BTC was an epic scum  to  get on my money, or what???

Lol. Mining Bitcoin....