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

[NotLambchop]

[spooderman]

420 soon

and the bitcoin price is quite a lot lower than I expected

[romneymoney]

Why is it that almost everybody in this thread is long and I am probably the only one short ?

The trend was down, it hit major resistance, it failed to rally on good news. Why would you be long in this market?

Why is everybody saying "YAY! Cheap coins" ??

Why are you trying to catch a falling knife? This might be the bottom but its highly unlikely its the bottom. It could go down another $50,$100 or $200 before it reaches a bottom and finds support.

My excuse is lack of confidence in ability to increase holdings through trading.  Also my original plan was only to sell at profit and allow for swings, accepting the risk that the price may never rise.  It would seem foolish to change it at this point, down around 20%.
If I were all in, I'm sure the panic level would be higher.

[damnek]

keep dumping guys 

[Erdogan]

Here is my predictions:

If we go to the 300's, we may go to zero.
If 300 holds, we may not go to zero.
If we go to 0, we may or may not go up again.
Price will almost always be lower than ATH
If we go to 2000, we may go to 1000000, else not.
Medium term means any point in the future, near or distant, or never.
If the Internet disappears, we must revert to one of the many historical networks, or invent another.
If electricity disappears, the universe will also disappear.
If the world as we know it disappears, we will have a world that we don't yet know.
If humanity disappears, none of this will matter.

[adamstgBit]

350 soon guys....

[_javi_]

bottom.. no bottom... this is gambling.
you cant predict it.

i decide to hold the coins cause i dont want to gamble them.

But IMHO nobody knows whats next...

[sidhujag]

Look to get in about at $350

[wilth1]

still buying sub 300 with mining gear

it will need to drop below 150? to hurt mineufacturers

[Bittings]

Problem is, it's simply not true. In fact, that post is pretty much contradicting itself:

>There are plenty of people who bought in back in 2011/12 that are still up on their investments.

Exactly. After price dropped from $32 to $2. And people bought back anyway. Less people, maybe, but they stuck around.

In all likelihood, that's what's going to happen again this time... More despair. More people leaving for good. Some staying around. Eventually, a new rally. New people coming around because of the rally. Wash, Rinse, Repeat.

(And, of course, as always the non-zero chance that this is after all the last bubble, and the experiment failed. There's a reason why there's a substantial growth potential in price - because there's a substantial risk that it'll all go tits up.)

That's the hope. However its possible to beat people down enough that no one sticks around, and any new people just see a blood stained street and say no thanks.

[Wandererfromthenorth]

It's over.


Bye bye Bitcoin, sayonara, auf wiedersehen, ciao ciao, au revoir, hasta luego.


RIP

[ShroomsKit]

Why is it that almost everybody in this thread is long and I am probably the only one short ?

The trend was down, it hit major resistance, it failed to rally on good news. Why would you be long in this market?

Why is everybody saying "YAY! Cheap coins" ??

Why are you trying to catch a falling knife? This might be the bottom but its highly unlikely its the bottom. It could go down another $50,$100 or $200 before it reaches a bottom and finds support.

The cheap coins argument. I'm so tired of it.
How many more years will peoole be cheering that we're going down? Every drop since 1200 has been totally fucking awesome because "cheap coins".
We dropped to 900! Awesome! I'm buying all these cheap coins! 700! Perfect! I'm buying! 500 woooow cheap coins! I'm buying. 450! I can wait for 300's buying them cheap coins! 250 this couldn't be any better. Buying here! 100 fuck i'm buying. 1 cheeeaaap coins i'm buying! Bitcoin dead but fuck that i'm sitting on all these cheap coins!

[Chuckee]

It's absolutely hilarious that the only person here who has been consistently right about the price movement for the past couple months -- fallllling -- was banned and his posts deleted.

It really is true... you can lead a horse to water, but you can't make him drink.

[Patel]

Let's take a moment of silence for those holding. 

[Tzupy]

Here is my predictions:

If we go to the 300's, we may go to zero.
If 300 holds, we may not go to zero.
If we go to 0, we may or may not go up again.
Price will almost always be lower than ATH
If we go to 2000, we may go to 1000000, else not.
Medium term means any point in the future, near or distant, or never.
If the Internet disappears, we must revert to one of the many historical networks, or invent another.
If electricity disappears, the universe will also disappear.
If the world as we know it disappears, we will have a world that we don't yet know.
If humanity disappears, none of this will matter.

This is the kind of prediction that could drive you to sell close to the bottom.

[FNG]

How long until the VC's get pissed off and wire tens of millions to exchanges?

[sidhujag]

It's absolutely hilarious that the only person here who has been consistently right about the price movement for the past couple months -- fallllling -- was banned and his posts deleted.

It really is true... you can lead a horse to water, but you can't make him drink.

I've been saying $350 for months... atleast 350... depends on what LTC does.

[ShroomsKit]

Sell more! Getting close to my bids 

It's great right? Down down and more down! And then magically go up once it reached your buy order, right?

[vipgelsi]

It's over.


Bye bye Bitcoin, sayonara, auf wiedersehen, ciao ciao, au revoir, hasta luego.


RIP

Way to be a front runner.

[magicmexican]

rip in pepperonis cryptochino frappuccino  

p.s. what the hell is this peercoin pump?