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

[NotLambchop]

...troll.

Name-calling is tactless and inappropriate.

[fonsie]

...troll.

Name-calling is tactless and inappropriate.

You were cute as a kid.

[grappa_barricata]

Can you guys stop this? It is getting fucking pathetic.

[Fatman3001]

But why would they decide to spend money on a long-term pump when they have the shorting bonanza of legends right now for free?

On the other hand, with all the VC money flowing into bitcoin why don´t any of these entrepreneurs do anything to stabilize the price of bitcoin? They sort of depend on bitcoin being an attractive proposition.

Just look at the pump from 300- to 400+, why they did that? Profit. You may think they are net buying during a pump but that is seldom the case. Regarding venture capitalists, most of them are rich kids that will lose all the money their dad has hard-earned during a lifetime. Some of them get lucky, once in a while, but that is all. Do not count on them stabilizing the price.

And now we are back to ≈$300 and peering into the abyss. What could result in bitcoin not plummeting every time it climbs a bit? I understand speculators manipulate the market quite fiercely, but a pump without some new influence on the fundamentals would have to be a bubble, even if it´s from $10 to $100. What would make anyone here honestly believe we were heading up?

Edit: slight typo "where" to "were"

[fonsie]

Can you guys stop this? It is getting fucking pathetic.

Well I didn't start it, but I'll be the bigger man and end it.

[redsn0w]

But why would they decide to spend money on a long-term pump when they have the shorting bonanza of legends right now for free?

On the other hand, with all the VC money flowing into bitcoin why don´t any of these entrepreneurs do anything to stabilize the price of bitcoin? They sort of depend on bitcoin being an attractive proposition.

Just look at the pump from 300- to 400+, why they did that? Profit. You may think they are net buying during a pump but that is seldom the case. Regarding venture capitalists, most of them are rich kids that will lose all the money their dad has hard-earned during a lifetime. Some of them get lucky, once in a while, but that is all. Do not count on them stabilizing the price.

And now we are back to ≈$300 and peering into the abyss. What could result in bitcoin not plummeting every time it climbs a bit? I understand speculators manipulate the market quite fiercely, but a pump without some new influence on the fundamentals would have to be a bubble, even if it´s from $10 to $100. What would make anyone here honestly believe we where heading up?

We need some news , good news .  Paypal is one of them .

[cbeast]

NotLambchop


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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Today at 06:08:26 PM
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I wish people would stop quoting trolls.

[hdbuck]

Can you guys stop this? It is getting fucking pathetic.

+1 get a life.

[fonsie]

NotLambchop


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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Today at 06:08:26 PM
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I wish people would stop quoting trolls.

Done, but it's hard sometimes, there are so many of them.

[JimboToronto]

Again a picture of your favorite butt-plug unicorn

Be grateful it wasn't a goatse-style self portrait.

 

[grappa_barricata]

And now we are back to ≈$300 and peering into the abyss. What could result in bitcoin not plummeting every time it climbs a bit? I understand speculators manipulate the market quite fiercely, but a pump without some new influence on the fundamentals would have to be a bubble, even if it´s from $10 to $100. What would make anyone here honestly believe we where heading up?

People have a very limited 'memory'. If we head up for a week, many people will start buying, effectively believing we'll go up forever.
As a trader you are not interested in the price, only in the price differences. No asset is too costly to buy, nor too cheap to sell.

[NotLambchop]

Again a picture of your favorite butt-plug unicorn

Be grateful it wasn't a goatse-style self portrait.

 

Grampa!  How are you?  Still abusing them erectile disfunction pills?

[S3052]

And now we are back to ≈$300 and peering into the abyss. What could result in bitcoin not plummeting every time it climbs a bit? I understand speculators manipulate the market quite fiercely, but a pump without some new influence on the fundamentals would have to be a bubble, even if it´s from $10 to $100. What would make anyone here honestly believe we where heading up?

People have a very limited 'memory'. If we head up for a week, many people will start buying, effectively believing we'll go up forever.
As a trader you are not interested in the price, only in the price differences. No asset is too costly to buy, nor too cheap to sell.

exactly.

There is no "manipulation" in real.
It is just traders trying to maximize the price difference of buying and selling. Nothing more, nothing less.
One can profit from a declining or rising price development - direction does not matter.

[NotLambchop]

...
People have a very limited 'memory'...

Exactly.  Remember when fonsie asked me to make a 380 gif out of this (we were in the mid=400s back then)



...and I did?  Now he has totally forgotten my kindness and spews invective at me.

I think he's unhappy

[grappa_barricata]

There is no "manipulation" in real.
It is just traders trying to maximize the price difference of buying and selling. Nothing more, nothing less.
One can profit from a declining or rising price development - direction does not matter.

Think about it man. If you have deep enough pockets, you can move the market in your direction. Now, given that it is technically possible, why should someone refrain from doing it? It is quite obvious to me that manipulation is real and pervasive, in all markets.

[hdbuck]

Buy Bitcoin Hacked
http://pastebin.com/4HxXPPh4

anonymous hacked them?

[S3052]

There is no "manipulation" in real.
It is just traders trying to maximize the price difference of buying and selling. Nothing more, nothing less.
One can profit from a declining or rising price development - direction does not matter.

Think about it man. If you have deep enough pockets, you can move the market in your direction. Now, given that it is technically possible, why should someone refrain from doing it? It is quite obvious to me that manipulation is real and pervasive, in all markets.

yes there are efforts for manipulation all the time.

but their impact mid and long term is negligible

[hdbuck]

There is no "manipulation" in real.
It is just traders trying to maximize the price difference of buying and selling. Nothing more, nothing less.
One can profit from a declining or rising price development - direction does not matter.

Think about it man. If you have deep enough pockets, you can move the market in your direction. Now, given that it is technically possible, why should someone refrain from doing it? It is quite obvious to me that manipulation is real and pervasive, in all markets.

godamn human nature. we doomed. ^^

[NotLambchop]

"Flying is hours and hours of boredom sprinkled with a few seconds of sheer terror."--Gregory “Pappy” Boyington, WWII Ace

"Bitcoin trading is hours and hours of boredom sprinkled with a few minutes of joyous laughter and fingerpointing."--NotLambchop

[redsn0w]

Buy Bitcoin Hacked
 [Suspicious link removed].com

anonymous hacked them?

It is only a phishing site ,  it will transfer you ( after the login) to a copy of blockchain.info . I've reported him to a moderator .