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

[EuroTrash]

Goodbye Bitcoin it was nice knowing you !!!

Have just cashed out and dont think I will be coming back :-( seems like the whales are killing the geese that lay the golden eggs !!!

Nice try.

[1713513688]

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[joburgtaxi]

Goodbye Bitcoin it was nice knowing you !!!

Have just cashed out and dont think I will be coming back :-( seems like the whales are killing the geese that lay the golden eggs !!!

Nice try.

I am 100% serious

[empowering]

no no.

I am not leaving you, just keeping my precious fiat for now.

Smart choice. If the future is uncertain, then always choose the safe way.
It's always better not to win money, then to lose money. Bagholders get emotionally to attached to the fairy tales of easy riches, and that makes them too acceptable to risk. Success in speculative trading is in small but constant winnings, not about big blind risks.

Well, I woke up this morning, and I got myself a beer
The future's uncertain, and the end is always near
Let it roll, baby, roll

[Erdogan]

no no.

I am not leaving you, just keeping my precious fiat for now.

Smart choice. If the future is uncertain, then always choose the safe way.
It's always better not to win money, then to lose money. Bagholders get emotionally to attached to the fairy tales of easy riches, and that makes them too acceptable to risk. Success in speculative trading is in small but constant winnings, not about big blind risks.

Well, I woke up this morning, and I got myself a beer
The future's uncertain, and the end is always near
Let it roll, baby, roll

So what is the most safe way? Bitcoin, or dollar demand deposits?

[inca]

Goodbye Bitcoin it was nice knowing you !!!

Have just cashed out and dont think I will be coming back :-( seems like the whales are killing the geese that lay the golden eggs !!!

Nice try.

I am 100% serious

If you need your money fine. Not sure selling below 400 is a great price.

[empowering]

no no.

I am not leaving you, just keeping my precious fiat for now.

Smart choice. If the future is uncertain, then always choose the safe way.
It's always better not to win money, then to lose money. Bagholders get emotionally to attached to the fairy tales of easy riches, and that makes them too acceptable to risk. Success in speculative trading is in small but constant winnings, not about big blind risks.

Well, I woke up this morning, and I got myself a beer
The future's uncertain, and the end is always near
Let it roll, baby, roll

So what is the most safe way? Bitcoin, or dollar demand deposits?

Of our elaborate plans, the end
Of everything that stands, the end
No safety or surprise, the end

[JorgeStolfi]

Federal Trade Commission closes Butterfly Labs - confirmed with official doc:

http://coinfire.cf/2014/09/23/official-ftc-complaint-butterfly-labs-obtained/

At the request of the Federal Trade Commission, a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.”

Thread about BFL misdeeds:
https://bitcointalk.org/index.php?topic=150803.msg8938729;topicseen#new

[ChartBuddy]

Explanation

[spooderman]

wow bfl shut down for real? I was actually hoping to buy a hardware wallet (if it could be bought, not per-ordered of course).

I mined using a Jalapeno for like a year.

They were a horrendous company though. Lies, lies and more lies.

[NotLambchop]

^Nice article: http://arstechnica.com/tech-policy/2014/09/feds-label-bitcoin-miner-maker-butterfly-labs-as-systematic-deception/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+arstechnica%2Findex+(Ars+Technica+-+All+content)

[realbtcdealers4real]

Is there any precedent in terms of ATH as high as Bitcoin, then a crash as hard as the current one, and long term recovery into a lot higher heighs? can you find an asset that did this, ever?

[Hawkix]

Bitcoin recovered from crash in 2011, from ATH of 31 USD down to almost 2 USD (15x lower value).

[BitChick]

Is there any precedent in terms of ATH as high as Bitcoin, then a crash as hard as the current one, and long term recovery into a lot higher heighs? can you find an asset that did this, ever?

Bitcoin is not a stock.  Bitcoin is the honeybadger of money.  Bitcoin does whatever it wants to.  

We just have to enjoy the ride.

[adamstgBit]

Is there any precedent in terms of ATH as high as Bitcoin, then a crash as hard as the current one, and long term recovery into a lot higher heighs? can you find an asset that did this, ever?

a loaf of bread Vs the zimbabwe dollar?

[BitChick]

Goodbye Bitcoin it was nice knowing you !!!

Have just cashed out and dont think I will be coming back :-( seems like the whales are killing the geese that lay the golden eggs !!!

Just don't do it.  Really.  If you already did it, at least buy a little back in.  Nothing is worse than watching a Bitcoin bubble from the sidelines, IMHO.

[adamstgBit]

Goodbye Bitcoin it was nice knowing you !!!

Have just cashed out and dont think I will be coming back :-( seems like the whales are killing the geese that lay the golden eggs !!!

Just don't do it.  Really.  If you already did it, at least buy a little back in.  Nothing is worse than watching a Bitcoin bubble from the sidelines, IMHO.

what bitcoin bubble? stop dreaming poeple, bitcoin is hurt bad, not saying its going to drop much further, but stop thinking its just going to magically go up in a bubblish way.

maybe next year.

[adamstgBit]

i've revised my target to 360

360 coming soon!

 

[Torque]

The price always seems to fall right after I buy some.  So let me know when you guys want a dip, and I'll make it happen for you.

[empowering]

You know that it would be untrue
You know that I would be a liar
If I was to say to you - we couldn't get much higher
 
The time to hesitate is through
No time to wallow in the mire
Try now we can only lose

Try to set the night on fire

[Sandia]

Is there any precedent in terms of ATH as high as Bitcoin, then a crash as hard as the current one, and long term recovery into a lot higher heighs? can you find an asset that did this, ever?

Oil?
110 to 17 to 139 usd.