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

[JayJuanGee]

if your average cost of a BTC is less than 400 and if you are too invested and have troubles sleeping at night because of this trend, or if you are afraid and not sure about your strategy, now is your chance to reduce your position better than later at a loss (if the price fall further). 

at the end of the last year and beginning of this year, I said it was a good idea to sell some coins (people who bought around $100-200) and take the profits while you can, and now I am telling you that you can still take some profits.... I am afraid that there is a possibility that many of you will regret not doing so later.

Ah, mmitech. I guess you must be feeling pretty stupid right now, having sold half your stash a couple of months back when a certain person made it clear this was a really bad idea as the only way was up. But no, you wouldn't listen...

[sarcasm] yes, I feel sorry for selling at $6xx  , I beat my self everyday because of it, I could be making a ton of money if I didn't sell and listened to the bunch of perma-trollsbulls that hang around here. [/sarcasm]

Where are JJG and Trolfi? I haven't dropped by here for a while, and it seems so much more peaceful without them. I almost feel like staying.

Oh YES!!!!   you should stay, and that way mmitech has someone who is ready, willing and able to kiss his butt.  That would surely be helpful to our analyses and speculations regarding BTC prices.

your analyses ? BTW where I can read your analyses ?  I didn't come across any analyse or sane post of your yet, all I see is butt-hurt posts and attacking most posters when you disagree, and it just struck me that the guy who cant solve a simple mathematical issues knows how to analyse things !!!

YES... It looks like you want to give me an assignment to attempt to prove to you that I have contributed to the forum with my analysis. 

Why would I spend time in such silly endeavors?  I have a lot of posts that provide a considerable amount of information, surely NOT all of my posts are serious, but I have provided quite a few substantive and materially contributory posts.

There is probably little to NO basis for you to arrive at any conclusion regarding my allegedly being "butt hurt."  I have NO real reason to be "butt hurt," whatever the fuck that means. Maybe you could describe, a little better, what you mean by that accusation?

Regarding my supposedly attacking posters, I am NOT sure how you come to that conclusion, either?  I have spent quite a few posts responding to your various silliness - and if you call that attacking, then so be it, but it is NOT so common for me to supposedly "attack" other posters, besides you, because a large majority of the posters, even trolls, seem to make more sense than you, and they do NOT tend to have a pattern of behavior, like you, of such extensive self-aggrandizing.

I will admit that I have seen a few decent posts from you, but those tend to be pretty rare.. maybe a little more common than a snowball in hell, but NOT much.   

[cmacwiz]

TL;DR thread:

Down down down we go, miners gotta sell for dat FIAT

More cheap coins for me then

They been sayin that the whole way down

Im just a simple HODLer

Bitcoin is a terrible store of value idiot

[JayJuanGee]

I'm surprised we haven't seen a 3k wall yet pushing us down. At least 1 positive sign.
That guy might finally be out of coins or is finally happy with the price.

OH NO!!!!!!!!! Is that what is coming next?   SHIT!!!!

[fonzie]

USD swap rates on Finex have gone up from 0.04% to 0.25-0.30%!  

Is this a glitch, or is this real? Highest bid is still around 0.05%

Song of the moment:

Wipers: Is this real?

http://www.youtube.com/watch?v=E9ybDEPOpk0

[findftp]

Graphically:

I'm way too geeky. My first thought was that that QR code is invalid.

No it's not.
I managed to recover it!
Lets donate to jorge!

[Zicore47]

This situation Reminds me of the bitcoin news from the future picture. "Price of Bitcoin plummets to $13,780. Is Bitcoin dead?"

[findftp]

Graphically:

I'm way too geeky. My first thought was that that QR code is invalid.

No it's not.
I managed to recover it!
Lets donate to jorge!

Just kidding. Feel free to donate to me for the effort

This is the real recovered QR code.
It's not a bitcoin address. My android app translates it to a number: 13501619

[JorgeStolfi]

Has anybody else noticed that on Bitstamp the sellers are mostly small fractional BTC sales while the buyers are in multiple BTC. This tells me that the real money is buying from "scared" small sellers.

There is arbitrage going on.  Depending on which exchange is driving the crash, arbitragers will mostly buy at one place and mostly sell at the other.

It coudl also be that small transactions are experienced traders using robots that post many small orders, while the bigger transactions are newbies posting orders manually.

[grappa_barricata]

USD swap rates on Finex have gone up from 0.04% to 0.25-0-30%!  

Is this a glitch, or is this real? Highest bid is still around 0.05%

It is because bids were filled on the way down. When they are at margin and got filled they borrowed what available from the USD swap offers.

[JorgeStolfi]

This is the real recovered QR code.
It's not a bitcoin address. My android app translates it to a number: 13501619

Sorry for wasting your time... It is just some random QR code that I mangled with random cut-pastes on gimp.

[findftp]

This is the real recovered QR code.
It's not a bitcoin address. My android app translates it to a number: 13501619

Sorry for wasting your time... It is just some random QR code that I mangled with random cut-pastes on gimp.

No problem, I'm just bored.
Waiting for the real cheap coins.
They have to hurry up though, I have to go to bed soon.

[derpinheimer]

This situation Reminds me of the bitcoin news from the future picture. "Price of Bitcoin plummets to $13,780. Is Bitcoin dead?"

This is hilarious.

[Teppino]

Alex Salmond said bitcoin could be Scotland new currency. I'm wondering if this btc hammering is meant to discourage the divorce from sterling just in case "Yes" wins. Just a random tought, but must say timing is perfect

[exocytosis]

We need to get to zero to shake out all the weak hands.

[mmitech]

if your average cost of a BTC is less than 400 and if you are too invested and have troubles sleeping at night because of this trend, or if you are afraid and not sure about your strategy, now is your chance to reduce your position better than later at a loss (if the price fall further). 

at the end of the last year and beginning of this year, I said it was a good idea to sell some coins (people who bought around $100-200) and take the profits while you can, and now I am telling you that you can still take some profits.... I am afraid that there is a possibility that many of you will regret not doing so later.

Ah, mmitech. I guess you must be feeling pretty stupid right now, having sold half your stash a couple of months back when a certain person made it clear this was a really bad idea as the only way was up. But no, you wouldn't listen...

[sarcasm] yes, I feel sorry for selling at $6xx  , I beat my self everyday because of it, I could be making a ton of money if I didn't sell and listened to the bunch of perma-trollsbulls that hang around here. [/sarcasm]

Where are JJG and Trolfi? I haven't dropped by here for a while, and it seems so much more peaceful without them. I almost feel like staying.

Oh YES!!!!   you should stay, and that way mmitech has someone who is ready, willing and able to kiss his butt.  That would surely be helpful to our analyses and speculations regarding BTC prices.

your analyses ? BTW where I can read your analyses ?  I didn't come across any analyse or sane post of your yet, all I see is butt-hurt posts and attacking most posters when you disagree, and it just struck me that the guy who cant solve a simple mathematical issues knows how to analyse things !!!

YES... It looks like you want to give me an assignment to attempt to prove to you that I have contributed to the forum with my analysis. 

Why would I spend time in such silly endeavors?  I have a lot of posts that provide a considerable amount of information, surely NOT all of my posts are serious, but I have provided quite a few substantive and materially contributory posts.

There is probably little to NO basis for you to arrive at any conclusion regarding my allegedly being "butt hurt."  I have NO real reason to be "butt hurt," whatever the fuck that means. Maybe you could describe, a little better, what you mean by that accusation?

Regarding my supposedly attacking posters, I am NOT sure how you come to that conclusion, either?  I have spent quite a few posts responding to your various silliness - and if you call that attacking, then so be it, but it is NOT so common for me to supposedly "attack" other posters, besides you, because a large majority of the posters, even trolls, seem to make more sense than you, and they do NOT tend to have a pattern of behavior, like you, of such extensive self-aggrandizing.

I will admit that I have seen a few decent posts from you, but those tend to be pretty rare.. maybe a little more common than a snowball in hell, but NOT much.   

your obsession with me is becoming strange and unhealthy, your pathetic way of engaging me is providing a strange and unusual kind of entertainment, yet I cant ignore the pity feeling you give me about your mental health, more concerning is that you seem to see everything I write/do/say offensive and stupid and retarded, while I try to speculate like all of users here most of the time you engage me in a pathetic and retarded yet interesting way that gives the impression of someone butt hurt about something... I ant explain that for you because I was expecting you to explain what does hurt your butt ?


BTW, me selling that stash at 630 and the other half at 580 was the best decision ever, I will wait to invest back at sub $100-200, and I will be investing only $10K and nothing more, enjoy your $600-1200 coins

[grappa_barricata]

Alex Salmond said bitcoin could be Scotland new currency. I'm wondering if this btc hammering is meant to discourage the divorce from sterling just in case "Yes" wins. Just a random tought, but must say timing is perfect

Nah, they will create a new fiat currency.

[Erdogan]

Second: my Euro denominated bank account hasn't lost more than 50% of its purchasing power in the last half year, as far as I can tell. So, in the short to mid term then, the Euro was a vastly better store of value than Bitcoin. Care to argue with those facts?

No, was thinking of the Argentinian peso and the bolivar.

The Bolivar maybe, but the Argentinean Peso lost "only" 32% of its value over the last 12 months, 22% since Jan/01.

Compared to the dolar. Blue rate or red rate? How much did the dolar lose? It's not good money. It does not have the potential to regain its value.

[rebuilder]

Alex Salmond said bitcoin could be Scotland new currency. I'm wondering if this btc hammering is meant to discourage the divorce from sterling just in case "Yes" wins. Just a random tought, but must say timing is perfect

Let's be serious for a moment. No sane Scot is giving any thought to making Bitcoin the official currency.

[Teppino]

Alex Salmond said bitcoin could be Scotland new currency. I'm wondering if this btc hammering is meant to discourage the divorce from sterling just in case "Yes" wins. Just a random tought, but must say timing is perfect

Nah, they will create a new fiat currency.

Seems impossible to me also, must be a coincidence

[DemocraticRepublicOfDave]

Alex Salmond said bitcoin could be Scotland new currency. I'm wondering if this btc hammering is meant to discourage the divorce from sterling just in case "Yes" wins. Just a random tought, but must say timing is perfect

Nah, they will create a new fiat currency.

Yep, and Alex Salmond will call it the "British Pound" 

Cheers

Dave