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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26408764 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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October 14, 2014, 06:43:08 PM


Explanation
touhonoob
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October 14, 2014, 06:43:12 PM

Bitcoin Breaks $400 - TechCrunch
http://techcrunch.com/2014/10/14/bitcoin-breaks-400/
noobtrader
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October 14, 2014, 06:43:52 PM

@okthen: pretty much what Spaceman_Spiff said.
For the same reason the finance aficionados on this forum are hoping for world economic collapse--they're dangerously deluded cultists.



Freshen your glass?

heh... who is hoping for economic collapse ?  im still holding fiat more than i hold bitcoin.  but be realistic when everyone says bad thing ahead.

http://www.cbc.ca/news/business/as-markets-fall-imf-urges-more-economic-risk-taking-don-pittis-1.2795415
http://www.nytimes.com/2014/10/13/business/international/imf-warns-of-global-financial-risk-.html
JimboToronto
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October 14, 2014, 06:46:11 PM


Thanx Ritchie.
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October 14, 2014, 06:47:49 PM


Need to add some "imgur upload didn't work" logic in there.
NotLambchop
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October 14, 2014, 06:49:26 PM

...
Meaniwhile, in the reality, lambchoppy is just like you. Just like you are like everyone in here. Because you are all like me: Bitcoin addicts.
...

I'm trying the Chinese cure.



btcney
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October 14, 2014, 06:52:53 PM

up we go
may god have mercy on those shorters
JimboToronto
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October 14, 2014, 06:54:34 PM

Thanx Ritchie.

Need to add some "imgur upload didn't work" logic in there.

Oops sorry I spelled your name wrong. I was just to lazy to look it up.
coins101
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October 14, 2014, 06:58:24 PM

Someone has insider information on BIT and COIN regulatory approval.

Slow steady price rise means they are in stealth accumulation mode.
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October 14, 2014, 06:58:28 PM

...
heh... who is hoping for economic collapse ?  im still holding fiat more than i hold bitcoin.  but be realistic when everyone says bad thing ahead.
...

Oh, I dunno.  Plenty of people here think that Bitcoin is going to be valuable when fiat collapses.
silverfuture
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October 14, 2014, 07:00:32 PM

...
Bit stamp is currently at 410. Ssh.

408, but who's counting?  Fiat's worthless Cool
 

Fiat's not worthless, but it is worth less considering it's tanked against the Bitcoin for 5+ years now. The greater trend since inception (if we want to talk about timelines) is logarithmic up. Bitcoin is following a pattern like every other greater trend that happened to catch on to mainstream acceptance. A smaller group of hardcore enthusiasts that seem like cultists to everyone else because of the passion they exhibit are a crucial feature that precedes every trend I have ever seen or been a part of. Serial detractors are every bit as obsessed with bitcoin as the supporters are and spend large amounts of time churning through the forums. Critics and skeptics serve a necessary purpose to help build it so it works better or to head off unforeseen potential problems.  Hyperbitcoinization is well under way.

ChartBuddy
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October 14, 2014, 07:00:59 PM


Explanation
noobtrader
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October 14, 2014, 07:02:13 PM

...
heh... who is hoping for economic collapse ?  im still holding fiat more than i hold bitcoin.  but be realistic when everyone says bad thing ahead.
...

Oh, I dunno.  Plenty of people here think that Bitcoin is going to be valuable when fiat collapses.

uhm... says the fiat cultist...  Tongue
NotLambchop
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October 14, 2014, 07:02:28 PM

@okthen: pretty much what Spaceman_Spiff said.
For the same reason the finance aficionados on this forum are hoping for world economic collapse--they're dangerously deluded cultists.
Nope, just accepting an unpleasant inevitability is all, real and honest stuff so you'd probably have a harder time understanding than most. Bitcoin's already saved a few folks when their financial system collapsed and they where locked out from their bank accounts and it will likely do the same for many many more because the global financial system has been bent and strained to breaking point.
Whether that ends in a controlled correction or a complete failure is up to people like Greenspan and Bitcorn so I've not a whole lot of hope for it but maybe they can hold it together, either way the west is going to end up a whole lot poorer.  

You do realize that if world economy does collapse, Bitcoin will be as worthless as any other scrip?
And what's up with all the anger?
Malin Keshar
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October 14, 2014, 07:03:14 PM

We need another jump to another level
JimboToronto
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October 14, 2014, 07:03:55 PM

Another pleasant little 3k coin buy would be refreshing right about now.

 Smiley
NotLambchop
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October 14, 2014, 07:05:19 PM

...
heh... who is hoping for economic collapse ?  im still holding fiat more than i hold bitcoin.  but be realistic when everyone says bad thing ahead.
...

Oh, I dunno.  Plenty of people here think that Bitcoin is going to be valuable when fiat collapses.

uhm... says the fiat cultist...  Tongue

Nah.  Fiat is the orthodoxy, by definition not a cult.  It also comes in handy when I wish to buy such niceties such as food, cigs and gasoline Smiley
coins101
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October 14, 2014, 07:06:30 PM

You don't need that Guv paper anymore...

Richy_T
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October 14, 2014, 07:06:41 PM


Nah.  Fiat is the orthodoxy, by definition not a cult.  It also comes in handy when I wish to buy such niceties such as food, cigs and gasoline Smiley

Or, indeed, the wheelbarrow to carry it in.
JimboToronto
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October 14, 2014, 07:08:45 PM


Nah.  Fiat is the orthodoxy, by definition not a cult.  It also comes in handy when I wish to buy such niceties such as food, cigs and gasoline Smiley

Or, indeed, the wheelbarrow to carry it in.

LOL

 Smiley Wink Cheesy Grin Cool
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