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

[N12]

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.

I used to use it for some internet things, but it really is far too scary how much information you leak on the block chain (information that will get more easily and more successfully analyzed as interest and sophistication in methods increase), so nowadays I actually prefer to use PayPal and banks. Because even though they may know everything about me, they are corporations and want to continue making money, so they have a stake in not sharing my data with anyone they don't legally have to, because otherwise they'll get fucked by Uncle Sam.

Basically, I'd rather have the NSA and a few big corporations know everything about me than a hundred thousand thieves and low lifes all around the world so they can target me.

[adamstgBit]

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 up to 1000-5000 USD.

This is a long waiting game.

Weak hands can leave the game.

fixed that for you.  

[LFC_Bitcoin]

No problem amigo.

[NotLambchop]

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

When it tanks  by $800 over a year, OTOH, some might notice

[criptix]

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.

I used to use it for some internet things, but it really is far too scary how much information you leak on the block chain (information that will get more easily and more successfully analyzed as interest and sophistication in methods increase), so nowadays I actually prefer to use PayPal and banks. Because even though they may know everything about me, they are corporations and want to continue making money, so they have a stake in not sharing my data with anyone they don't legally have to, because otherwise they'll get fucked by Uncle Sam.

Basically, I'd rather have the NSA and a few big corporations know everything about me than a hundred thousand thieves and low lifes all around the world so they can target me.

Yeah i agree.
i always though why the government would not put the nsa in charge of everything ( i guess telecommunication and banking system would be enough for the start)

[ChartBuddy]

Explanation

[NotLambchop]

If at first you don't succeed, earthlings...





  ~Your Beneficent Reptilian Overlords.

[Richy_T]

Studying the charts, I don't think we're going to make 400 in time for ChartBuddy to be able to drop it back to page 10,000.

[macsga]

If at first you don't succeed, earthlings...
 

Eat your grass Unicorn...

[macsga]

Studying the charts, I don't think we're going to make 400 in time for ChartBuddy to be able to drop it back to page 10,000.

The perfect time to dump some posts... is now! That 10K page is full of shemales...

[adamstgBit]

[Richy_T]

fucking


wonderfull

Missed opportunity to have Bitcoin address in the picture.

[inca]

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.

We get it you are underwater.

Oh and I speculate in bitcoin by holding it. I occasionally dip my toes in at extreme prices and gamble trade. Note that speculation != trading.

[Erdogan]

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.

Betting all you have on one card, to make up for earlier losses, huh?

[N12]

Oh and I speculate in bitcoin by holding it. I occasionally dip my toes in at extreme prices and gamble trade. Note that speculation != trading.

Yes, it is. Speculation is nothing but the anticipation of future prices. All speculators are traders, and all traders are speculators.

[cech4204a]

fuck that bitcoin is dead, lost some savings with it which are now worth like 50% of what i put in like 1 year ago, it's never gonna get high again, it will slowly collapse to few cents within 2 or 3 years. There are still like less than 1% of those who have some of BTC within world population, that's just not enough after 5+ years from developement. Thats just pathetic trading tool for those who have nothing else to do.

[N12]

There are still like less than 1% of those who have some of BTC within world population, that's just not enough after 5+ years from developement.

Adoption is not needed, Bitcoin is an asset primarily for the (very) wealthy.

[uhoh]

Can any of you that are on reddit please upvote this for visibility?

http://www.reddit.com/r/Bitcoin/comments/2nok4w/psa_do_not_order_from_httpsbitmaintechbfcom_scam/


I can't get a mod to disable this guys (bitcoindiscounts) account and he's spamming this scam everywhere

Thanks

[Erdogan]

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.

I used to use it for some internet things, but it really is far too scary how much information you leak on the block chain (information that will get more easily and more successfully analyzed as interest and sophistication in methods increase), so nowadays I actually prefer to use PayPal and banks. Because even though they may know everything about me, they are corporations and want to continue making money, so they have a stake in not sharing my data with anyone they don't legally have to, because otherwise they'll get fucked by Uncle Sam.

Basically, I'd rather have the NSA and a few big corporations know everything about me than a hundred thousand thieves and low lifes all around the world so they can target me.

Know your enemies.

[inca]

Oh and I speculate in bitcoin by holding it. I occasionally dip my toes in at extreme prices and gamble trade. Note that speculation != trading.

Yes, it is. Speculation is nothing but the anticipation of future prices. All speculators are traders, and all traders are speculators.

Quite right. Missed the word alone there