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

[JayJuanGee]

Zero, zilch, nada, not going to happen.

$4000 by the end of next year... unlikely but certainly possible.

$4000 by the end of this year... I will ride along the ocean with a magical unicorn on my way to seizing control of the entire universe before that happens. Understand? NO!!! Not .000000000000000000000001% chance.... just ZERO!

You seem too well educated to be a newbie, until the point that you seem the alter ego of a whale playing the newbie roll.

However, is most plausible the 25% odd of reaching 4000$ before 31 dec than the .000000000000000000000001%, and we can bet on that numbers if you want to put your money where your mouth is.

I have about $1500 to my name, too much credit card debt, and a ton of student loans... I assure you good sir, that I am not a whale. What price are you suggesting as the bet? $4000. I'd take out loans that I am not even sure that I can get... but I'd find a way... I'd rob a lady on the street if necessary... to bet that there is no way in hell that we are at $4000 by December 31st.

"Date Registered:   June 27, 2014, 03:02:57 AM"

Will another newcomer bite the dust??
You think you seen bitcoin player? I tell you this kid, you ain't seen bitcoin till you see it double in less then 3 days; That would be $1.1k by saturday

I will also do a bet that it won't be at $1,100 by Saturday... I'd rob the same old lady to put as much on that bet as possible. I am actually looking out the window at a coffee shop for potential old ladies to rob at this point. Look what you people are making me become. You are turning me into a monster.

I found you delicious, Newbie, well said  

However, the bet is that:

.25:100000000

Or 25 satoshis VS 1 BTC.

Your original odd had way more zeroes, but I feel generous.

Hahaha... this is starting to feel like one of those bets where you think you won when it finishes and somehow you still lose. I am starting to feel out of my depth. All I'd say is that $4000 won't happen. Even with the mathematical possibilities, the psychology, momentum, and base is not there for that price... way too soon for expectations like that. Maybe, with .00000001 there is a galaxy that this becomes possible on... but we don't live on that galaxy.

I'll give you 1 BTC in December 31st though, for nothing in return (I think that is basically the bet), if we are at $4000. Promise. We can hash out contact details off the board.

If Newbie is as broke as he claims to be, then you probably need to hold the winning of the bet proceeds in escrow.   

Student loans between now and then. If I lose that bet... I might as well give up on eating... and caring about anything, really. I promise to pay and will release my personal info in a private message if need be... don't want to broadcast it.

If you lose the bet, you will be rich... (or at least a lot richer) that is if you have a few bitcoins.... however, i take it that the bet would apply for any flash crash (upwards) to $4k, so long as such a flash crash occurs on or before December 31, 2014.  You would have to establish the parameters, though, like which exchange(s) to use as the price measurement.

[Newbie1022]

My only parameter would be $4000 on one of the major exchanges... at least something that Bitcoinwisdom covers... not like CampBX... and it has to be sustained for 30 minutes. I'll even spot it down to $3750 on those terms.

[justusranvier]

Maybe the price is going down because too much of the Bitcoin infrastructure is in the US and it looks like a civil war just started.

[falllling]

Maybe the price is going down because too much of the Bitcoin infrastructure is in the US and it looks like a civil war just started.

bitcoin is going to end soon, you have to let go

[justusranvier]

bitcoin is going to end soon, you have to let go

No, you can't have my coins. Get your own.

[Newbie1022]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

[blatchcorn]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

How do you know whether they are buying or selling?

[Newbie1022]

Maybe the price is going down because too much of the Bitcoin infrastructure is in the US and it looks like a civil war just started.

Partially... more likely though there is a twelve year old kid who got rich a few years ago who is bored because its summer vacation and he has nobody to hang out with. Hence, he is exerting his will over the masses solely for entertainment. Nobody knows how long the 12-year-old kid will continue to ruin their lives and how many more coins he can go through.

This is my working theory.

[Newbie1022]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

How do you know whether they are buying or selling?

Look at the Market... Bitstamp has no volume. What I say is if you aren't a hypocrite and you think this is such a good price and everybody is terrible for not taking a haircut... then go and buy... buy 'em all. F---ing go for the gusto. Otherwise, you are, in their words, a "coward." Bunch of hypocrites.

[blatchcorn]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

How do you know whether they are buying or selling?

Look at the Market... Bitstamp has no volume. What I say is if you aren't a hypocrite and you think this is such a good price and everybody is terrible for not taking a haircut... then go and buy... buy 'em all. F---ing go for the gusto. Otherwise, you are, in their words, a "coward." Bunch of hypocrites.

We aren't all whales around here.  There are people buying, but that is going to do nothing to influence the price

[Newbie1022]

Hell, I double dog dare people to start selling their houses and cars and buy more coins at this price... go for it. Otherwise, the uber-Bulls will call you a coward and a scumbag.

[Newbie1022]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

How do you know whether they are buying or selling?

Look at the Market... Bitstamp has no volume. What I say is if you aren't a hypocrite and you think this is such a good price and everybody is terrible for not taking a haircut... then go and buy... buy 'em all. F---ing go for the gusto. Otherwise, you are, in their words, a "coward." Bunch of hypocrites.

We aren't all whales around here.  There are people buying, but that is going to do nothing to influence the price

If everyone who leveled a complaint about others even owned an average of 1 coin and they were all stocking up then we'd be at about $1,000 right now. I am simply pointing out that there are a bunch of hypocritical bastards who won't put their money where there mouth is. And, maybe if they did... the market would turn for them and they wouldn't have to complain in the first place.

[JayJuanGee]

Maybe the price is going down because too much of the Bitcoin infrastructure is in the US and it looks like a civil war just started.

Wouldn't a civil war cause BTC prices to go up?  Even the appearance of such?

[samsonn25]

Yes. Yes. And yes

We should respect the position of pawns  in the big game.

[ChartBuddy]

Explanation

[justusranvier]

Wouldn't a civil war cause BTC prices to go up?  Even the appearance of such?

Apparently not, because it's happening right now.

[derpinheimer]

Looks like a new low is coming. Asks rising on bitstamp, bids (being pulled)

[Newbie1022]

Looks like a new low is coming. Asks rising on bitstamp, bids (being pulled)

Yup... another wave cometh!!!! If the chart rings true, it should be a lighter wave than the last few... we have identical chairs on the chart that are shrinking in size.

[nioc]

To me it looks like sideways for a little while.  Nothing happening till Sept.

[TeeBone]

Looks like a new low is coming. Asks rising on bitstamp, bids (being pulled)

Yep, 520 is a peice of cake. We'll be seeing 460-480 by this weekend, if not tonight.