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

[Richy_T]

I also have some respect for Risto, but i'm asking myself why did he waste 1 million euros (or 600k not sure of the figure) over a castle when he is so certain of bitcoin exponential trendline..

1)Diversification.

2)Improving Bitcoin infrastructure (you may feel free to claim that this doesn't) improves the value of holdings.

[BitChick]

I think that this will be the last chance to get coins at < $500!    

but you always think that is the last chance, nothing new. let me guess this time you really feel it ?

One of these days I will be right.  Then I can say "I told you so."  Women love doing that. 

I love doing that as well, in fact soon I will tell you that 

Alrighty then.  We will see who has bragging rights.   

I know it is not your opinion, it is what Risto filled in your mind, you don't have an opinion of your own like many here.... you will now tell me that you really do, but if we isolate you from the forum for a month and ask you the same question you will have no idea...

I could not have said this better myself. To often people hear something from one person, latch on and hold it as gospel. Think for yourself people. Do your own research. The reason why we as a society are so controlled by our governments is because people don't think for themselves, they don't stand for what they believe in.

But what if a person knows that they are not wise when it comes to investments?  Shouldn't they get advice from someone who is successful?

It seems foolish to not learn from those that are good at something.  Just sayin.

Bitchick:   What is the approximate average price per BTC of yours and/or your husband's holdings, if you do NOT mind me asking?  You indicated that you got started in about early to mid 2013 and you have continue to buy as your cash comes in. 

My average cost per BTC is about $610, including transactional fees.. I made a few mistakes, in getting too excited a few times with some of my cash to buy more BTC when I should have waited a little bit... but anyhow, I am NOT worried atm about my average cost per btc or my holdings or the future success of BTC, yet I understand that the behavior of people will change in fairly drastic ways depending upon how far they are in the red or black and whether or NOT they are sufficiently diversified in other investments and whether or NOT they are leveraged or over-extended in any significant ways...

Our first coins were purchased right before the run at about $50 but unfortunately we did not buy much.  We were just dabbling in it for the "fun of it" and risked very little.  This was only a week or two before the crazy rally in April.  We were shocked at how fast the price increase and our only regret then was not buying more sooner!    

But now we are well over our $50 average at about $200 or so because we had some extra cash to throw in this year.  Thankfully we are in the black though.   It is still painful to sell any coins knowing we paid more for them at one point or another!      There is always the "would have, should have and could have" thoughts going on in our minds.  I think this happens no matter what the entry point is, unless someone just lucked out and bought all their coins at a point in which the price took off to never return again.

[cbeast]

[fonzie]

Lol@Bitfinex orderbook. 12000BTC to 440$ vs. 2750BTC to 570$

[Schickeria]

Let me guess? Game of Thrones? I never saw the series but the books are phenomenal.

[JayJuanGee]

I also have some respect for Risto, but i'm asking myself why did he waste 1 million euros (or 600k not sure of the figure) over a castle when he is so certain of bitcoin exponential trendline..


Maybe he is the Guru of the Utlra-bulls Cult

He got anxious and emotional - which anyone could when they have an opportunity to convert to tangible assets. 

a kind of decent part of human nature.  to see the human and emotional side.

[cbeast]

Let me guess? Game of Thrones? I never saw series but books are phenomenal.

I don't know, but I would rather be doing that than HODLing.

[ChartBuddy]

Explanation

[InstantBitcoin]

11,000 coins to $450
7500 coins to $1000

Is that accurate? If so: bottom reached, let's bounce!

$333 flashing #sell 

[Mervyn_Pumpkinhead]

People are asking on why an mental patient could make bad financial decisions  

I think that there should be a known bitcoin speculation live chat room. Some people in the bitcoin speculation community, are way too.. "interactive".. to be confined in the tight place, that an forum can offer.
Anyone up to creating a live chat room? IRC? XMPP? A little of Java or Flash, while still keeping the design of the website clean and simple?

[InstantBitcoin]

I also have some respect for Risto, but i'm asking myself why did he waste 1 million euros (or 600k not sure of the figure) over a castle when he is so certain of bitcoin exponential trendline..


Maybe he is the Guru of the Utlra-bulls Cult

he's on to pumping shitcoins like xmr~ just any other wise player in the bitcoin game...lol ~ look it up     ez

[fonzie]

 Soon @ your local exchange! Available in XXXL! Pre-orders are already sold out.

[elebit]

One second it looks like a weekend pump, the next it looks for we're being set up for another dump.

Makes me want to pull whatever hair I have left out. I'm going to change all my passwords and lock them away for the weekend, otherwise I'll just end up losing on this. What do you guys do? Do you choose a path and stick to it?

[lightfoot]

I ignore it.

[TooDumbForBitcoin]

I also have some respect for Risto, but i'm asking myself why did he waste 1 million euros (or 600k not sure of the figure) over a castle when he is so certain of bitcoin exponential trendline..


Maybe he is the Guru of the Utlra-bulls Cult

he's on to pumping shitcoins like xmr~ just any other wise player in the bitcoin game...lol ~ look it up     ez

Says the 30% premined coin pusher with mutlilple socks

[fonzie]

[omgbossis21]

Sigh, wake up to a lower price.

[BitChick]

Sigh, wake up to a lower price.

The price right now is better than the price I woke up to at least.   It was about $485 USD this morning here.

[macsga]

HODL!!!!!!!1

PS:
CCMF imminent.

[mmitech]

the chart above is bearish more than bullish, only $25M on Bids? and not everyone leaves their BTC sitting on exchanges for long time, especially after the Gox Fiasco... usually when the price goes up a bit orders start building.