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

[grappa_barricata]

I wonder 2 things:

1: Will the traders try to kill Bitcoin for another year?

2: Will Bitcoin survive even another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

Sometimes i feel the urge to go short only to ruin your day, you know, because i'm an evil trader.

[justusranvier]

I wonder 2 things:

1: Will the traders try to kill Bitcoin for another year?

2: Will Bitcoin even survive another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

Killing Bitcoin that way didn't work in 2011. Why would it work now?

[tarmi]

We're going back to 350.

you wish!

[N12]

I wonder 2 things:

1: Will the traders try to kill Bitcoin for another year?

2: Will Bitcoin even survive another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

Killing Bitcoin that way didn't work in 2011. Why would it work now?

Because 12 months is an eternity to deluded Shroomsy.

[ShroomsKit]

I wonder 2 things:

1: Will the traders try to kill Bitcoin for another year?

2: Will Bitcoin even survive another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

Killing Bitcoin that way didn't work in 2011. Why would it work now?

Because things stop working after a while, you know. It won't go on forever. For some reason this seems very hard to understand for a lot of people here.
The effects already clearly show. It will just get worse till all the buyers are gone.
Bitcoin isn't immune to this shit.

[N12]

I am very worried about gold. It's been in 3 years of bear market now. I'm afraid it's going to die.

[NotLambchop]

I wonder 2 things:

1: Will the traders try to kill Bitcoin for another year?

2: Will Bitcoin even survive another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

Killing Bitcoin that way didn't work in 2011. Why would it work now?

Because 12 months is an eternity to deluded Shroomsy.

Another year of falling prices is entirely healthy.  Shakeout the remaining weak hands/decrease unwanted attention from authorities/regulations.
Think about it: what self-respecting TLA would want to spend time regulating something with the market cap of a yard sale?

[derpinheimer]

I am very worried about gold. It's been in 3 years of bear market now. I'm afraid it's going to die.

Gold.. die? DAE think this guy is nuts?

[molecular]

I don't get it. 20k ask wall? Eaten straight away. 7k to over 500? nope.

20k wall? eaten? where?

[N12]

I don't get it. 20k ask wall? Eaten straight away. 7k to over 500? nope.

20k wall? eaten? where?

5th of October,

never forget.

[justusranvier]

It will just get worse till all the buyers are gone.
Bitcoin isn't immune to this shit.

"All the buyers" will never be gone.

I keep buying Bitcoins, once per month, in the form of receiving a (fiat denominated) paycheck in btc.

Every month I add to my savings a considerable fraction of what I get paid.

The evil manipulators can do exactly two things to me: they can cause me too add more Bitcoins to my savings each month, or they can increase the purchasing power of my savings.

Since I don't expect to need those savings for many years, I'd highly prefer the former over the latter, but I win either way.

Working for a living is so much easier than daytarding.

[ChartBuddy]

Explanation

[itod]

Will Bitcoin even survive another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

You have a bad understanding that short-term BTC price is relevant to success of the cryptocurrency. It absolutely doesn't matter if the price goes to $200 or rise to $2000 in the next half a year or two years, the important thing is number of services developed around BTC, the number of startups developing new use-cases, etc. The price is just a reflection of people's expectations how useful it will be in the future, not the other way around.

[molecular]

It will just get worse till all the buyers are gone.

I have not even started buying.

[ShroomsKit]

Will Bitcoin even survive another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

You have a bad understanding that short-term BTC price is relevant to success of the cryptocurrency. It absolutely doesn't matter if the price goes to $200 or rise to $2000 in the next half a year or two years, the important thing is number of services developed around BTC, the number of startups developing new use-cases, etc. The price is just a reflection of people's expectations how useful it will be in the future, not the other way around.

Bitcoin is something new and can easily dissapear again unlike things like gold. That's why only a complete fucking idiot would compare Bitcoin to gold by the way.
Like i mentioned 10 minutes ago for some reason a lot of people have a problem understanding that Bitcoin's future is far from guaranteed.

[grappa_barricata]

Working for a living is so much easier than daytarding.

What about all those little barracudas that do both, just to survive? Do you really consider them retarded, from the highs of your lucky-early-adopter-loaded position?

[ShroomsKit]

It will just get worse till all the buyers are gone.

I have not even started buying.

Because Bitcoin is guaranteed to survive and go up again?

[NotLambchop]

...The price is just a reflection of people's expectations how useful it will be in the future...

Lowered expectations confirmed

[N12]

I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!

[molecular]

Bitcoin is something new and can easily dissapear again unlike things like gold. That's why only a complete fucking idiot would compare Bitcoin to gold.

You do realize that you just compared Bitcoin to gold and then proceeded to call yourself a complete fucking idiot, right?