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

[grappa_barricata]

http://cryptome.org/2012/07/gent-forum-spies.htm

Thanks for the link.

[Hunyadi]

Uh! Momentum out of nothing. That could get really interesting this time....

lets see if we can break it this time...

There's 1311 wall blocking in Bitfinex.

[adamstgBit]

Uh! Momentum out of nothing. That could get really interesting this time....

lets see if we can break it this time...

There's 1311 wall blocking in Bitfinex.

borrowed coins no doubt.

[Zicore47]

Uh! Momentum out of nothing. That could get really interesting this time....

lets see if we can break it this time...

Was going to post the same

[empowering]

I'm not going to wear an iwatch or any other computer watch. I think apple is taking a misstep here imho.

Lots of people will not wear smart watches, or ever use google glasses for example, or smart contact lenses which are already in development, but then I still know plenty of people that do not use the internet either and it is quarter of a century old technology.

Plenty of people will use wearables imo, and some will likely be wrist worn, give it a few generations and young people will not have ever know the world any different (I know plenty of younger people that never knew the world pre mobile phones for example) and to them it will be a natural choice I think to use wearables, and "smart watches" will be common place... indeed give it a few more generations and it may be hard to find a standard watch at all... there are very few basic cell phones around today, yes they are still around, but even the basic ones get smarter and smaller year by year, and do more than just make calls.


(ps I wear a solid mechanical italian watch, I love it)

[Dragonkiller]

I'm not going to wear an iwatch or any other computer watch. I think apple is taking a misstep here imho.

when the ipad was announced:

everyone: "what do i need that for? lol"

six months later everyone had one, or at least a tablet of some sort.

[Schickeria]

Uh! Momentum out of nothing. That could get really interesting this time....

lets see if we can break it this time...

This momentum was not so foreseeable as it was yesterday, so I give it a lot better chances now. 50%.

[ErisDiscordia]

... our provincial government activity employs them to spread misinformation in an attempt to degrade our education system, (divert funding)  never mind they are happy to fund private owned stadiums to the tune of $0.5 billion...

Fuck 'em if they can't take a joke!

[kurb3l]

I'm not going to wear an iwatch or any other computer watch. I think apple is taking a misstep here imho.

when the ipad was announced:

everyone: "what do i need that for? lol"

six months later everyone had one, or at least a tablet of some sort.

well that is after steve jobs left apple. there hasn't been that much of a breakthrough since.
The iPhone and the iPad had the advantage of big screens while still being some kind of portable.
But a watch is just... you can't really do that much with it. The iPhone brought the possibilty of apps and it was new.
Now you get a small display with less technology. Sure, fanboys will buy it, i wouldn't count on its success...

[fonsie]

we need a quick drop to crash bulls mind

What we need is a big hammer to crush your stupid mind!

[grappa_barricata]

[Newbie1022]

Well, this is getting ugly fast. It was a trap, folks.

[Schickeria]

Well, this is getting ugly fast. It was a trap, folks.

This was a buy of one or at least only a few entities. So only they can get trapped on the current price level.

[Kupsi]

Well, this is getting ugly fast. It was a trap, folks.

...says the newbie.

[Newbie1022]

Well, this is getting ugly fast. It was a trap, folks.

...says the newbie.

Just watch

[empowering]

[Sandia]

Well, this is getting ugly fast. It was a trap, folks.

...says the newbie.

Just watch

We are 2 bucks off the local high.  Wait and see if Bfx makes a run at that wall.  The decision has not been made yet.

[JayJuanGee]

...
BTC is still here... and the future is even brighter and BTC is even stronger... (only a blind man cannot see this)

So therefore, for me , now is not the time to sell....
...

Horribly faulty logic.  BTC may be "even stronger," but its exchange rate is lower than it once was.  If the exchange rate continues on its downward trend, it's smart to sell, regardless of Bitcoin's eventual success.

Right... ok if that works for you, it works for you.

I am very happy with my decision, and it has worked very well for me... I am perfectly happy, the only thing I have done wrong is not buy more in the $75 region...

"If the exchange rate continues"  there is only one thing the exchange rate will continue to do.... and that is go up, and go down, and sideways and down and up etc etc

That's what most of us are here to cash in on--volatility.  Some of us make good calls, some bad.  Some, like you, claiming they don't make any calls, are indifferent to price volatility, and simply hodl no matter what.  For me, this begs the question:  What are they doing here?  Trolling?  Propagandizing?
 

If you are playing this long term, as I am, and do not really care for spending the time or the stress or the risk, playing games to increase your BTC stash, then there is nothing wrong with my "horrible logic"  it might not fit into your way of thinking, or your plan, risk tolerance, long term goals, views , financial situation/needs, lifestyle, etc but that is fine, that is why you are one individual and I another.

I'm glad that you are happy with your choice.  It's the logic you used to back up your decision that's flawed.  If, like many of us, your goal is to make BTC, you're doing it wrong.  If your goal is to make fiat?  Still doing it wrong.

This is the speculation subforum, peopled by traders--speculators.  If you are indifferent to short-term price fluctuations, my guess is you're just in the wrong place.  Not bitching about you being off-topic, that's fine with me, as long as you understand that you are off-topic.  This is about BTC price, not eventual success or failure of Bitcoin.

TL;DR:  Knowing that Bitcoin will succeed is neat, but doesn't help me make money.
inb4 "selfish greedy etc., etc":  Speculation forum about money.

WTF?    A poster can still be a buyer and holder and still meaningfully participate in this speculation thread.  You, NotLambChops, are trying to define which points of view are more relevant to this thread as if the thread's design and purpose is ONLY trading.. to attempt to profit on the ups and the downs.  Your viewpoint in this regard, if it is real, is quite wrong.

Second:  there are lots of instances in which people may feel more comfortable betting on the upside and NOT the downside, and also be gambling that the upside is coming at any minute (especially when they may be perceiving, based on whatever information that they have, that BTC price is way beneath BTC's value).  Anyhow, the mere fact that these kinds of buyers and holders may be wrong about their prediction(s) regarding the price direction of BTC does NOT make them wrong in their thinking or wrong in their chosen strategy being appropriate to their own considerations.

Anyhow, it sounds as if you are merely talking your book, and you are hoping for some further BTC price declines... and it is likely going to be difficult to get BTC under $450, absent some pretty bad news or convincing FUD or someone or entity that is willing to spend a lot of fiat in order to engage in additional downward manipulation(s) of BTC prices.

[JimboToronto]

This was a buy of one or at least only a few entities. So only they can get trapped on the current price level.

That's what I love about this place.

A decent dump by one or a few entities and it's the end of Bitcoin.

A decent buy by one or a few entities and it's moon train time.

 

[Newbie1022]

Well, this is getting ugly fast. It was a trap, folks.

...says the newbie.

Just watch

We are 2 bucks off the local high.  Wait and see if Bfx makes a run at that wall.  The decision has not been made yet.

This is the measured view. I don't think we've got the juice right now. We might not even hit a new local low, but we are going to pull back close to it before the end of the day. I am more or less expecting a partial retracement and sideways.