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

[JimboToronto]

This place needs less trolls.

I agree.

Unfortunately, trolls are a fact of life so you may as well get a laugh out of them.

[inca]

Finished work. Quick look at thread. Bearishness seemingly everywhere. Lambchop (wrong for this entire 40% rise) reappeared posting negative trash.

Quick look at wisdom expecting sub 360. Price actually 403 on stamp. Ha. Please keep shorting bitcoin.

Edit: more of the bs quantum computing fud please! Lol

[Bagatell]

he who panics first panics best

Tru dat

[Torque]

I saw this correction coming, but I don't know why I cant see it as a reversal, I have a bad feeling about all of this, I keep trying to convince my self to buy back but everything I think of tells me nope it is still going to go down.... what is more interesting, is usually I get scared about missing the train, but not this time, I just don't care anymore.

Although, I have to admit, I missed a real solid trade here, selling at $400 rather $318 would is way profitable.

hmmmm.... soooo basically you want cheap coin because you were selling at 318 instead of 400 ? teheheheheheheheheeheheheheheeee

and I bought at 300, didn't want to risk holding Bitcoin for more than a couple of days.

Yeah, but here's the thing.  At some point if you want to go long, you have to decide at what price point.  As this thing grinds up, there are of course going to be down days or even down weeks.

In my mind if we are still above 400 in 2-3 months from now, then the bottom is truly in the rearview.

[ShroomsKit]

This place needs less trolls.

I agree.

Unfortunately, trolls are a fact of life so you may as well get a laugh out of them.

Yeah. Maybe yer right.

[FNG]

I saw this correction coming, but I don't know why I cant see it as a reversal, I have a bad feeling about all of this, I keep trying to convince my self to buy back but everything I think of tells me nope it is still going to go down.... what is more interesting, is usually I get scared about missing the train, but not this time, I just don't care anymore.

Although, I have to admit, I missed a real solid trade here, selling at $400 rather $318 would is way profitable.

hmmmm.... soooo basically you want cheap coin because you were selling at 318 instead of 400 ? teheheheheheheheheeheheheheheeee

and I bought at 300, didn't want to risk holding Bitcoin for more than a couple of days.

lol..it's funny because if you've bought and held since you got here..well. I think you already know.


Must suck..

[NotLambchop]

Finished work. Quick look at thread. Bearishness seemingly everywhere. Lambchop (wrong for this entire 40% rise) reappeared posting negative trash.

Quick look at wisdom expecting sub 360. Price actually 403 on stamp. Ha. Please keep shorting bitcoin.

Edit: more of the bs quantum computing fud please! Lol

Such butthurt!  Please quote a single statement I have made you think is "wrong"



P.S:  Congrats on the abortive rally.  The important thing is you tried!

[Blazin604]

We will break 450 within 72 hours. Buy now.

[noobtrader]

http://www.theguardian.com/technology/2014/oct/14/quantum-computers-public-encryption

 

Anyone worth their salt knows this is the end of cryptocurrency as we knew it.

Back to the drawing board friends....

I will not sell my bitcoin just in case quantum computing never comes to fruition however

http://www.bitcoinnotbombs.com/bitcoin-vs-the-nsas-quantum-computer/

Bitcoin uses several cryptographic algorithms―The Elliptic Curve Digital Signature Algorithm (ECDSA) for signing transactions and the hash functions SHA-256 and RIPEMD160. If the NSA succeeds in developing a cryptologically useful quantum computer, ECDSA would fall while SHA-256 and RIPEMD160 would remain secure.

The good news is that ECDSA should be relatively easy to swap out if/when it becomes compromised.

[adamstgBit]

I sold some...  

virtex is on FIRE~!

[Pala_00]

I sold some... 

 

[coins101]

I sold some... 

 

 

[Walsoraj]

I sold some...  

virtex is on FIRE~!

Adam is a bear disguised in bullskin. He cannot be trusted.

Additional evidence of his deception: Tux penguin avatar but does not use linux.

I rest my case. 

[Bittings]

We will see 450 before weekend just saying 

We're going down. There are gonna be some massive dumps before or early weekend.

whats wrong shooormie ? short squeese scare u no ?

I can not share any details but those who are smart get out now.
This is confirmed.

Shrooms trying a little reverse psychology on the market I see. Let's hope it helps.

[coins101]

The next 72 hours will be critical to sustaining swing monetum to $450-$500.

The BTC-e trollbox could explode.

[TankHankerous]

http://www.theguardian.com/technology/2014/oct/14/quantum-computers-public-encryption

 

Anyone worth their salt knows this is the end of cryptocurrency as we knew it.

Back to the drawing board friends....

I will not sell my bitcoin just in case quantum computing never comes to fruition however

http://www.bitcoinnotbombs.com/bitcoin-vs-the-nsas-quantum-computer/

Bitcoin uses several cryptographic algorithms―The Elliptic Curve Digital Signature Algorithm (ECDSA) for signing transactions and the hash functions SHA-256 and RIPEMD160. If the NSA succeeds in developing a cryptologically useful quantum computer, ECDSA would fall while SHA-256 and RIPEMD160 would remain secure.

The good news is that ECDSA should be relatively easy to swap out if/when it becomes compromised.

We bit hard on bitcoin, it's ok.

[inca]

I don't think butthurt means what you think it does, unless you think buying at 301 was a poor trade.

You will continue to put the bear case. And continue to conveniently disappear when the price moves up again.

Of course bitcoin is failing, the bear market will continue forever blah blah <insert chart to fit argument>.

[janos666]

So the question I have for everyone is are we really ready for another bubble?  For those of you that have been through a rally before do you remember how addicted we became to the charts? Even more so than now, which can be hard to believe for some of us. And if you are anything like me, all I seemed to talk about day and night was Bitcoin.  My kids would even say, "Stop talking about Bitcoin!"  But the obsessiveness was because of the adrenalin rush of price increases every day, every hour and sometimes every minute!  Hopefully I can remain more calm and less of an "addict" this time around.  We will see. . .  

Well, I started to talk about Bitcoin to my clients instead of forcing meaningless chat to pass the time.
If I think about it, I actually find it strange that I have never ever tried to sell Bitcoins for cash during these home visits. I never offer them anything beyond basic information and my admittedly subjective opinions. Even though this certain side job of mine requires me to meet relatively wealthy strangers at their home (they invite me to visit and do my job, I am not intruding) has absolutely nothing to do with finance, I technically do have a license to talk about finance with people at their home, I just never actually used it for anything (I didn't even pick up that piece of paper from the school, it might lost it's validity by now and/or they throw it away but it was child play to pass the tests, so I could claim it again any time). But for some reason I don't care to do it. I like to talk about Bitcoin, or even world economy but it feels like doing cash trades with Bitcoin would ruin the mood (and I don't think I could sell Bitcoins without braking my other character, so one job-personality would need to suffer).

[ShroomsKit]

We will see 450 before weekend just saying 

We're going down. There are gonna be some massive dumps before or early weekend.

whats wrong shooormie ? short squeese scare u no ?

I can not share any details but those who are smart get out now.
This is confirmed.

Shrooms trying a little reverse psychology on the market I see. Let's hope it helps.

No seriously. We can't get over 400. Dumpers do everything to go below 400. And they will win. The buying pressure will soon stop. Bulls will give up. Then we slowly drop to 380 and then we'll see a massive dump and panic selling, taking us down to 280.

[ChartBuddy]

Explanation