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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 26391978 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.)
xyzzy099
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October 23, 2014, 10:25:36 PM

^Lunatic, from Latin "luna" [moon].

1.  mentally ill (not in technical use).
extremely foolish, eccentric, or absurd.
"he would be asked to acquiesce in some lunatic scheme"

Yeah, just a coincidence Cheesy

https://www.youtube.com/watch?v=TM8GiNGcXuM


Most brilliant people are crazy.  Most crazy people aren't brilliant.  Because not biconditional.

I think the point of that promo is that brilliance is often seen as madness early on.  I didn't see any suggestion that there was a bijective mapping between the set of madmen and the set of geniuses, but thanks for pointing out the obvious.

My point is much simpler than the promo's:  Comparing the insanity of the inspired to the greed-driven lunacy of the money changers is silly.

Did I make that comparison?  You lost me...

NotLambchop
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October 23, 2014, 10:27:16 PM

You call this a drop ? nah.... I think what is coming is more fun, just wait for it.
- 6-8% in a day?
 
i call it a crash, not a drop.


Anything < 70% down = "healthy price correction, bullish!"

Anything above = "Yeah, well, I meant to do that."

How long are you going to use the ATH for this? Why not go back when it was pennies and now we can see some real gains!

Gosh lamb, I say this out of kindness, get a life. If you hate BTC so much then find another hobby, for being a troll is not something to be proud of.

Look, I know it's frustrating watching your money turn to shit, but nevertheless:  WTF are you talking about?  What ATH?  
Take it easy, BrewCrewFan, you'll be fine.  Life's not all about money.  Besides, maybe you'll dig poverty Undecided
macsga
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October 23, 2014, 10:28:28 PM

If it drops below 300 for too long, the miners will lose their shorts. Granted, the newer miners are much more energy efficient, but the miners are partly to blame, they should hold more and just sell enough to pay for expenses, but I do think that some of this sell of is due to bitcoin thefts, there have been plenty of them in the past year, im only guessing, but thats all you can do in this fucking game. Im considering selling off and catching at the bottom, I feel that we may test 250 or lower.. I hope im wrong, but not if I sell, lol..

Ill stick to my guns and hodl, I just need to find some cash to buy at the low prices.
There has been a sort of a spike in days destroyed, earlier this month, so this may be accurate. I've expressed my musings on this and still think though, that it's been orchestrated by some (or many) large pools. At these prices, if you don't have a great stash of fiat/bitcoins you're simply out of business.

https://blockchain.info/charts/bitcoin-days-destroyed
NotLambchop
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October 23, 2014, 10:30:21 PM

^Lunatic, from Latin "luna" [moon].

1.  mentally ill (not in technical use).
extremely foolish, eccentric, or absurd.
"he would be asked to acquiesce in some lunatic scheme"

Yeah, just a coincidence Cheesy

https://www.youtube.com/watch?v=TM8GiNGcXuM


Most brilliant people are crazy.  Most crazy people aren't brilliant.  Because not biconditional.

I think the point of that promo is that brilliance is often seen as madness early on.  I didn't see any suggestion that there was a bijective mapping between the set of madmen and the set of geniuses, but thanks for pointing out the obvious.

My point is much simpler than the promo's:  Comparing the insanity of the inspired to the greed-driven lunacy of the money changers is silly.

Did I make that comparison?  You lost me...

Unless you were trying your hand at non-sequiturs when you posted that link, yes.
adamstgBit
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October 23, 2014, 10:34:47 PM

351 wall is made of shitty fiat idk if its gana hold man  Undecided
macsga
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October 23, 2014, 10:37:25 PM

351 wall is made of shitty fiat idk if its gana hold man  Undecided
Volatility is MIA for the last few months Adam, I say: Bring it on and let it roll! It's a great change for me to be able to look at the charts again! Smiley
grappa_barricata
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October 23, 2014, 10:37:55 PM

my trading is uninspired today... i wonder the reason. too much weed? not enough weed? lets smoke this out and see...
adamstgBit
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October 23, 2014, 10:41:18 PM

i'm gana... i'm gana take a walk.



later...
xyzzy099
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October 23, 2014, 10:42:18 PM

^Lunatic, from Latin "luna" [moon].

1.  mentally ill (not in technical use).
extremely foolish, eccentric, or absurd.
"he would be asked to acquiesce in some lunatic scheme"

Yeah, just a coincidence Cheesy

https://www.youtube.com/watch?v=TM8GiNGcXuM


Most brilliant people are crazy.  Most crazy people aren't brilliant.  Because not biconditional.

I think the point of that promo is that brilliance is often seen as madness early on.  I didn't see any suggestion that there was a bijective mapping between the set of madmen and the set of geniuses, but thanks for pointing out the obvious.

My point is much simpler than the promo's:  Comparing the insanity of the inspired to the greed-driven lunacy of the money changers is silly.

Did I make that comparison?  You lost me...

Unless you were trying your hand at non-sequiturs when you posted that link, yes.

I don't think so.  You accused someone of lunacy (apparently because they profess a different view than you).  I posted a link to a short film whose thesis is that sometimes people who seem to be crazy may actually turn out to be just taking a path not familiar to you - may even be brilliant, who knows.  I don't see any non-sequitur there.


macsga
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October 23, 2014, 10:42:35 PM

i'm gana... i'm gana take a walk.



later...

Cya later buddy. I'm off to sleep. Goodnight everyone from Greece.
dakota neat
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October 23, 2014, 10:50:12 PM

I bet at least one of our beloved exchanges is running on fractional reserve and flood the market with virtual coins. Not even the dumbest noob traders can be that dumb, seriously wtf.


the one with 20 mil in USD swaps?

14,000 more bitcoin were market sold than market bought so far today on Bitfinex alone. Where do all this coins come from?
grappa_barricata
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October 23, 2014, 10:53:46 PM

i'm gana... i'm gana take a walk.



later...

Bye, remember: it is only when you lose everything that you find yourself... your poor broken self, that's it
Carra23
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October 23, 2014, 10:57:17 PM

Sold at 398, bought at 352 at Btc-e. May be going lower now but I was happy with my profits.

Naturally it is going to go down to 300 now that I have bought.
jonoiv
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October 23, 2014, 10:57:50 PM

this is the end.
all hope is lost.
fuck!

380  before end of Monday guaranteed.  

There are those who will try to retest 350 first. From what I can see there are "minor" traders chasing performance and have been getting burned.
There's a lot of panic shorting occurring by amateur traders.

people shorting from here on in, are on borrowed time.  
BBmmBB
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October 23, 2014, 10:59:05 PM

if anyone gets board over here i'm chasing down some criminal elements over on the dice boards only like 900BTC no biggy!  Cool   pitchforks & torches!!!  *yawn*
ChartBuddy
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October 23, 2014, 11:00:43 PM


Explanation
grappa_barricata
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October 23, 2014, 11:02:18 PM

Sold at 398, bought at 352 at Btc-e. May be going lower now but I was happy with my profits.

Naturally it is going to go down to 300 now that I have bought.

You have been blessed with a very good trade. Do not lament or the god Mercury will take it all back and more!
NotLambchop
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October 23, 2014, 11:04:07 PM

^Lunatic, from Latin "luna" [moon].

1.  mentally ill (not in technical use).
extremely foolish, eccentric, or absurd.
"he would be asked to acquiesce in some lunatic scheme"

Yeah, just a coincidence Cheesy

https://www.youtube.com/watch?v=TM8GiNGcXuM


Most brilliant people are crazy.  Most crazy people aren't brilliant.  Because not biconditional.

I think the point of that promo is that brilliance is often seen as madness early on.  I didn't see any suggestion that there was a bijective mapping between the set of madmen and the set of geniuses, but thanks for pointing out the obvious.

My point is much simpler than the promo's:  Comparing the insanity of the inspired to the greed-driven lunacy of the money changers is silly.

Did I make that comparison?  You lost me...

Unless you were trying your hand at non-sequiturs when you posted that link, yes.

I don't think so.  You accused someone of lunacy (apparently because they profess a different view than you).  I posted a link to a short film whose thesis is that sometimes people who seem to be crazy may actually turn out to be just taking a path not familiar to you - may even be brilliant, who knows.  I don't see any non-sequitur there.

You're comparing the exceptional, inspired people in the iPromo to petty money speculators--minds fouled by by untempered greed.
And now you're suggesting I can't tell muddled stupidity from brilliance.  Gimme a break, bro.
grappa_barricata
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October 23, 2014, 11:09:14 PM

Why everybody hate greed? Greed is an extension of survival. Everything alive is greed. If it looks like somebody is not greed, then look better.
xyzzy099
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October 23, 2014, 11:10:10 PM

^Lunatic, from Latin "luna" [moon].

1.  mentally ill (not in technical use).
extremely foolish, eccentric, or absurd.
"he would be asked to acquiesce in some lunatic scheme"

Yeah, just a coincidence Cheesy

https://www.youtube.com/watch?v=TM8GiNGcXuM


Most brilliant people are crazy.  Most crazy people aren't brilliant.  Because not biconditional.

I think the point of that promo is that brilliance is often seen as madness early on.  I didn't see any suggestion that there was a bijective mapping between the set of madmen and the set of geniuses, but thanks for pointing out the obvious.

My point is much simpler than the promo's:  Comparing the insanity of the inspired to the greed-driven lunacy of the money changers is silly.

Did I make that comparison?  You lost me...

Unless you were trying your hand at non-sequiturs when you posted that link, yes.

I don't think so.  You accused someone of lunacy (apparently because they profess a different view than you).  I posted a link to a short film whose thesis is that sometimes people who seem to be crazy may actually turn out to be just taking a path not familiar to you - may even be brilliant, who knows.  I don't see any non-sequitur there.

You're comparing the exceptional, inspired people in the iPromo to petty money speculators--minds fouled by by untempered greed.
And now you're suggesting I can't tell muddled stupidity from brilliance.  Gimme a break, bro.

Again, I made no such comparison.

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