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

[Newbie1022]

Bitcoins -- eaten by superhero bunny rabbits who proceed to s--- out rainbows... and other cultist mythologies.

Suggested Cultist Reading:

http://www.amazon.com/Dow-2008-Different-This-Time/dp/1893958701/ref=cm_cr_pr_product_top

http://www.amazon.com/Real-Estate-Boom-Will-Bust/dp/0385514352/ref=sr_1_11?s=books&ie=UTF8&qid=1417198518&sr=1-11&keywords=buy+real+estate+boom

[Newbie1022]

You're right... upper 200s. Have fun losing your money, jack---. See, I can be a hostile a--hole, too. By the way, why are all of the hodlers always in the speculation section b----ing about traders. Do they not know how to read? Is the world speculation merely beyond their vocabulary. One amongst many mysteries.

Want a chance to put your money where your mouth is? 5BTC says we dont go to upper 200's within a week.

lol I'll give him 2 weeks on that. He's clearly stuck in a bad short and raging in the forum. I closed all my shorts in October when indicators suggested we were approaching a trend reversal. Since then longs have been working out very well.

$379.0741  $434.4529   -$2.16 -0.112%  -0.00  Daily    Close  Claim

Yea... seriously bad short... I really don't know what I'm going to do. Jack---

I'll probably just ride the price down and spend the next weeks and months mocking you while you lose all of your money, have your girlfriend or wife leave you, and proceed to live under a bridge somewhere mumbling some s--- to yourself about decentralization and how you don't want government regulation. Yea, I think that's probably what I'm going to proceed to do from here on out. Why? Because you all have been a total prick to me and you're all really stupid. Your IQs border on immeasurable.

[N12]

a couple of tor sites seized =/= entire system collapsing/being government seized

put the Drama-Queen Mode: Off

It's bad. If you don't have a black market, a market that draws consumer demand but where the vendors don't convert all of their proceeds into fiat, then what are you left with? Major retailers (who dump the second somebody spends their coins) and Wall Street (who can make a hell of a lot more money through dumping than pumping... it's easier, less risky, and very lucrative to sabotage).

It's bad. It may actually work to your benefit in the short-term, but it is very bad and getting worse -- that much be said.

I'm not going to advertise their names, but if you think there are no more (established) Bitcoin taking darknet market places, you are mistaken.

There are. It still doesn't make bad news good news. It makes bad news less bad news unless you expect those other sites to absorb 100% of the SR 2.0, et. al. customer base. Also, at what point do those other sites just decide it's not worth it or get shut down themselves (OpenBazaar might be promising on this front as they are better equipped for evading authorities). I guess I am just saying... don't skip down the street and declare something poignantly bearish as bullish... don't be delusional.

[Newbie1022]

a couple of tor sites seized =/= entire system collapsing/being government seized

put the Drama-Queen Mode: Off

It's bad. If you don't have a black market, a market that draws consumer demand but where the vendors don't convert all of their proceeds into fiat, then what are you left with? Major retailers (who dump the second somebody spends their coins) and Wall Street (who can make a hell of a lot more money through dumping than pumping... it's easier, less risky, and very lucrative to sabotage).

It's bad. It may actually work to your benefit in the short-term, but it is very bad and getting worse -- that much be said.

I'm not going to advertise their names, but if you think there are no more (established) Bitcoin taking darknet market places, you are mistaken.

There are. It still doesn't make bad news good news. It makes bad news less bad news unless you expect those other sites to absorb 100% of the SR 2.0, et. al. customer base. Also, at what point do those other sites just decide it's not worth it or get shut down themselves (OpenBazaar might be promising on this front as they are better equipped for evading authorities). I guess I am just saying... don't skip down the street and declare something poignantly bearish as bullish... don't be delusional.

That didn't cause the price spike. There was talk about OKCoin taking on some major hedge fund trades -- supposedly something like $3 billion. However, it turned out that, although they were using OKCoin's platform, they weren't looking to trade in Bitcoins. Well, before they could get the details, everybody in China freaked out and tried to get ahead of the wave. Most people in the West didn't know what the hell was going on... and then, it all went back down  to $340. So, yea... that's the one bad trade I've made in months and it was a one-off. So... gently go f--- yourself.

[octaft]

Lots of complaints on reddit about lost/stolen bitcoins, many from blockchain.info wallets:
https://np.reddit.com/r/Bitcoin/comments/2nkias/this_is_a_list_of_rbitcoin_users_who_had_their/

Good.

I think trying to teach bitcoin to sheep is a huge waste of time.

The general public needs to be abstracted from any kind of personal responsibility.

They just can't handle it, and I'm done with trying to explain.

What the fuck dude, they're sheep if they don't buy, they're sheep if they sell, and now they're sheep if they aren't a massive computer nerd who understands every bit of nuance of security required for these things?

Don't be such an elitist asshole. Besides, if you keep calling them sheep, you'll never convince them to become greater fools.

What the fuck babe? Sheep are sheep and I'm just not wasting anymore time on lost causes.

http://textfiles.com/uploads/govt.txt  <- (yes, I'm stealing J3's link, hope you don't mind bud.)

If being a free thinker = elitist asshole, then sign me up!

Dafuq are you talking about? The people who got clipped were by definition using bitcoin, so basically what you are saying is bitcoin users who don't fully understand every bit of the nuance of bitcoin security are sheep. You strike me as a permabull, so why the fuck would you want to drive those people away by acting like a dickhead?

EDIT: As for the link, I stopped reading at "In my eighteen years alive." Teenagers think they know everything and they don't know shit, so there's no way I'm wasting 10 minutes of my life on that.

[LFC_Bitcoin]

Damn girl.

You got served.

[dreamspark]

You're right... upper 200s. Have fun losing your money, jack---. See, I can be a hostile a--hole, too. By the way, why are all of the hodlers always in the speculation section b----ing about traders. Do they not know how to read? Is the world speculation merely beyond their vocabulary. One amongst many mysteries.

Want a chance to put your money where your mouth is? 5BTC says we dont go to upper 200's within a week.

lol I'll give him 2 weeks on that. He's clearly stuck in a bad short and raging in the forum. I closed all my shorts in October when indicators suggested we were approaching a trend reversal. Since then longs have been working out very well.

$379.0741  $434.4529   -$2.16 -0.112%  -0.00  Daily    Close  Claim

Yea... seriously bad short... I really don't know what I'm going to do. Jack---

I'll probably just ride the price down and spend the next weeks and months mocking you while you lose all of your money, have your girlfriend or wife leave you, and proceed to live under a bridge somewhere mumbling some s--- to yourself about decentralization and how you don't want government regulation. Yea, I think that's probably what I'm going to proceed to do from here on out. Why? Because you all have been a total prick to me and you're all really stupid. Your IQs border on immeasurable.

$377.876  $474.4529   -$20.16 -0.112%  -0.00  Daily    Close  Claim

Yea... Dont mess with the pros... no one can just write numbers down.

Your so upset, I really dont understand why. If you cant take being trolled/insulted/told your wrong on the internet I feel for you IRL. 

[Newbie1022]

Lots of complaints on reddit about lost/stolen bitcoins, many from blockchain.info wallets:
https://np.reddit.com/r/Bitcoin/comments/2nkias/this_is_a_list_of_rbitcoin_users_who_had_their/

Good.

I think trying to teach bitcoin to sheep is a huge waste of time.

The general public needs to be abstracted from any kind of personal responsibility.

They just can't handle it, and I'm done with trying to explain.

What the fuck dude, they're sheep if they don't buy, they're sheep if they sell, and now they're sheep if they aren't a massive computer nerd who understands every bit of nuance of security required for these things?

Don't be such an elitist asshole. Besides, if you keep calling them sheep, you'll never convince them to become greater fools.

What the fuck babe? Sheep are sheep and I'm just not wasting anymore time on lost causes.

http://textfiles.com/uploads/govt.txt  <- (yes, I'm stealing J3's link, hope you don't mind bud.)

If being a free thinker = elitist asshole, then sign me up!

Dafuq are you talking about? The people who got clipped were by definition using bitcoin, so basically what you are saying is bitcoin users who don't fully understand every bit of the nuance of bitcoin security are sheep. You strike me as a permabull, so why the fuck would you want to drive those people away by acting like a dickhead?

EDIT: As for the link, I stopped reading at "In my eighteen years alive." Teenagers think they know everything and they don't know shit, so there's no way I'm wasting 10 minutes of my life on that.

Why? Because the permabulls have lost their life savings over the past few months and now are even more dickish and cultish to anybody who doesn't think that BTCs are going to be worth $100000000000000000000   and they also feel like nobody else deserves to cash in on $1000000000000000000 Bitcoins except for their sorry asses. Mostly.

[podyx]

[dreamspark]

Nope, just one guy who probably doesn't even have 20 BTC to his name trying to tell people with 100's that have already made their initial investment back several times that they're going to loose their life savings. Go figure   

He also seems to think that people only bought coins over the last few months therefore anyone bullish is in the red. Seems to forget some people are still bullish from when they bought in for $13 

[bad trader]

There was talk about OKCoin taking on some major hedge fund trades -- supposedly something like $3 billion. However, it turned out that, although they were using OKCoin's platform, they weren't looking to trade in Bitcoins.

Yeah, JorgeStolfi has confirmed this several times.

[Newbie1022]

Nope, just one guy who probably doesn't even have 20 BTC to his name trying to tell people with 100's that have already made their initial investment back several times that they're going to loose their life savings. Go figure 

I do not have 20 bitcoins to my name... or 100s... because I'm not a f---ing retard. I am shorting 31 BTCs right now. That is the opposite of owning BTCs.

Have fun losing all of the f---ing money.

[criptix]

Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

What? You believe there is serious commerce besides drugs and gambling?

On a side note:

You kids should save your ammo for decembre

[LFC_Bitcoin]

[NotLambchop]

Play nice, filthy humans.



  ~Your Beneficent Reptilian Overlords.

[JimboToronto]

Because the permabulls have lost their life savings over the past few months and now are even more dickish and cultish to anybody who doesn't think that BTCs are going to be worth $100000000000000000000   and they also feel like nobody else deserves to cash in on $1000000000000000000 Bitcoins except for their sorry asses. Mostly.

[Newbie1022]

Every time the price goes down I am going to cheer. I don't even care if I take a long position at some point and the price goes down. I'll have the satisfaction of knowing some of the assholes on here lost money.

[itod]

Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

I've actually used BTC to get paid for services. Works very well in that domain, as easy as PayPal + without country limitations imposed by PayPal. Bitcoin is truly global, which is not the case for *any* other payment system, each and every other one has some geographical limits.

[dreamspark]

Nope, just one guy who probably doesn't even have 20 BTC to his name trying to tell people with 100's that have already made their initial investment back several times that they're going to loose their life savings. Go figure 

I do not have 20 bitcoins to my name... or 100s... because I'm not a f---ing retard. I am shorting 31 BTCs right now. That is the opposite of owning BTCs.

Have fun losing all of the f---ing money.

Yep, people who bought 100 btc for $1300 which is currently worth £37k, what a retarded move that was lol.

The reason your getting no air time is because there have been hundreds of people like you over the years, same old boring shit. YAWN.

[LFC_Bitcoin]

Every time the price goes down I am going to cheer. I don't even care if I take a long position at some point and the price goes down. I'll have the satisfaction of knowing some of the assholes on here lost money.

Nobody who is serious about BTC will give a shit if the price goes down 10-50 USD.

This is a long waiting game.

Weak hands can leave the game.