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

[ChartBuddy]

Explanation

[Chang Hum]

bitcoinz just a stupid ponzi scheme

So who is collecting all the money?

market participants

[BayAreaCoins]

bitcoinz just a stupid ponzi scheme

So who is collecting all the money?

market participants

Fucking participants!

Buy buy buy!

[Chang Hum]

this coin dead yet?

[hdbuck]

Explanation

Explanation

[LFC_Bitcoin]

this coin dead yet?

No.

Hopefully you will be soon.

[Chang Hum]

this coin dead yet?

No.

Hopefully you will be soon.

You're wishing death on me? 

[LFC_Bitcoin]

this coin dead yet?

No.

Hopefully you will be soon.

You're wishing death on me? 

Wishing death on your negativity

[ShroomsKit]

Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

[LFC_Bitcoin]

Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

The price today, tomorrow, next month......even next year doesn't matter.

Anybody with half a brain is long term HODLING.

Fuck day trading for peanuts.

[ChartBuddy]

Explanation

[rebuilder]

WOW, my leveraged long seems to be gotten margin called at 382??? (we hit 381.998 but it wasn't supposed to be margin called till 358)

It said it would get margin called at 358?? What the fuck has happend??

Was your collateral BTC?

If yes, perhaps the margin call price is calculated using the USD value of your collateral at any time - as the market moves against your long, your collateral loses value and the margin call limit goes up. Maybe?

[akujin]

Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

The price today, tomorrow, next month......even next year doesn't matter.

Anybody with half a brain is long term HODLING.

Fuck day trading for peanuts.

HEY, Us monkeys have to make a living somehow!
Is that not right gentlemen?
Is it going to stay meh all weekend?

 

[Wekkel]

Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

Anybody with half a brain.

That is quite a prerequisite.

[BayAreaCoins]

How many of you guys are trading futures at OKcoin?

[Thomas-s]

How many of you guys are trading futures at OKcoin?

Almost everyone, they're the market leader right now.
Here a ref link if you want to sign up:
https://www.okcoin.com/?invid=2017196
 

[Chang Hum]

Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

Most people purchase Bitcoins in the speculative hope they can later profit by selling them at a higher price to other market participants. As it's mathematically impossible for this to continue ad infinitum it's foolish to think you can continue to make money at the expense of other market participants (of which you yourselves are among) beyond the peak of adoption.

Once adoption rates have peaked, which they more than likely did last year, there's little left but a massive downside caused by an imbalance of those wishing to cash out vs new money coming in from those wishing to speculate on further price rises.  As the imbalance becomes more apparent new adopters are likely to become fewer and fewer thus escalating the downside.

As more people start to realize risk/reward is a bad bet and that the coins are gradually becoming worth less vs USD, a cash grab situation is likely to arise in which people will become aware coins are actually only backed by buy orders amounting to about 0.01% of the arbitrary market capitalization. This situation could be immensely profitable for those buying into the next round of folly.

All those who have become rich from Bitcoin have simply done so at the expense of later market participants, many of whom are likely to realize large losses on the flip side at some point. Hence why it's reasonably comparable to a giant ponzi scheme.

[BayAreaCoins]

Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

Most people purchase Bitcoins in the speculative hope they can later profit by selling them at a higher price to other market participants. As it's mathematically impossible for this to continue ad infinitum it's foolish to think you can continue to make money at the expense of other market participants (of which you yourselves are among) beyond the peak of adoption.

Once adoption rates have peaked, which they more than likely did last year, there's little left but a massive downside caused by an imbalance of those wishing to cash out vs new money coming in from those wishing to speculate on further price rises.  As the imbalance becomes more apparent new adopters are likely to become fewer and fewer thus escalating the downside.

As more people start to realize risk/reward is a bad bet and that the coins are gradually becoming worth less vs USD, a cash grab situation is likely to arise in which people will become aware coins are actually only backed by buy orders amounting to about 0.01% of the arbitrary market capitalization. This situation could be immensely profitable for those buying into the next round of folly.

All those who have become rich from Bitcoin have simply done so at the expense of later market participants, many of whom are likely to realize large losses on the flip side at some point. Hence why it's reasonably comparable to a giant ponzi scheme.

Bitch pleaseeeeeee go ask 10 people in the street wtf a Bitcoin is and they will give you a blank look or comment on SR.

Buy buy buy!

Rally this mofo back to $410 and futures $420.

[zakalwe]

Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

Most people purchase Bitcoins in the speculative hope they can later profit by selling them at a higher price to other market participants. As it's mathematically impossible for this to continue ad infinitum it's foolish to think you can continue to make money at the expense of other market participants (of which you yourselves are among) beyond the peak of adoption.

Once adoption rates have peaked, which they more than likely did last year, there's little left but a massive downside caused by an imbalance of those wishing to cash out vs new money coming in from those wishing to speculate on further price rises.  As the imbalance becomes more apparent new adopters are likely to become fewer and fewer thus escalating the downside.

As more people start to realize risk/reward is a bad bet and that the coins are gradually becoming worth less vs USD, a cash grab situation is likely to arise in which people will become aware coins are actually only backed by buy orders amounting to about 0.01% of the arbitrary market capitalization. This situation could be immensely profitable for those buying into the next round of folly.

All those who have become rich from Bitcoin have simply done so at the expense of later market participants, many of whom are likely to realize large losses on the flip side at some point. Hence why it's reasonably comparable to a giant ponzi scheme.

Ok so tell us, Why are you here?

Be serious and don't waste time, boy.......get a life, go out, run after a blondie......enjoy life and don't bother us.

Thank you, boy.

[Chang Hum]

Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

Most people purchase Bitcoins in the speculative hope they can later profit by selling them at a higher price to other market participants. As it's mathematically impossible for this to continue ad infinitum it's foolish to think you can continue to make money at the expense of other market participants (of which you yourselves are among) beyond the peak of adoption.

Once adoption rates have peaked, which they more than likely did last year, there's little left but a massive downside caused by an imbalance of those wishing to cash out vs new money coming in from those wishing to speculate on further price rises.  As the imbalance becomes more apparent new adopters are likely to become fewer and fewer thus escalating the downside.

As more people start to realize risk/reward is a bad bet and that the coins are gradually becoming worth less vs USD, a cash grab situation is likely to arise in which people will become aware coins are actually only backed by buy orders amounting to about 0.01% of the arbitrary market capitalization. This situation could be immensely profitable for those buying into the next round of folly.

All those who have become rich from Bitcoin have simply done so at the expense of later market participants, many of whom are likely to realize large losses on the flip side at some point. Hence why it's reasonably comparable to a giant ponzi scheme.

Bitch pleaseeeeeee go ask 10 people in the street wtf a Bitcoin is and they will give you a blank look or comment on SR.

Buy buy buy!

Rally this mofo back to $410 and futures $420.

Your mums a bitch.