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

[Wandererfromthenorth]

I'm scared as a shit.
no drugs in reach.

Gentleman. Experiments was faild

I lol'd hard.

[Cassandra_PR]

Yep.  Seems like just yesterday Bitcoin was still worth something and my warnings went unheeded.  Again

Good morning, comrades!  Remember why we fight--for a brighter tomorrow!

http://s16.postimg.org/mmfawlohh/e15_31111.gif

  ~Cassandra_PR

[mrkavasaki]

Prepare for New lows  

[DaRude]

Well that's one way to stop the dumper. Stop processing blocks  with over 1hr between blocks we should have 6hrs of breathing room before he'll get more coins to BFX

[madmat]

I want to buy some ripple, is there a exchanger without a verify?

So your trading strategy is to sell bitcoins at their lowest and buy ripples at their highest?

Just so you know, the Ripple company has full control over distribution. Like the Federal Reserve.

This is fake. Ripple 50cents trolls are everywhere these days. Just use ignore button.

[noobtrader]

ripple is good if you were bank.. guess what you werent    ar u

[600watt]

322 on stamp





edit:

[mrkavasaki]

At the Moment there are no reasons to hold any BTC  

[madmat]

At the Moment there are no reasons to hold any BTC  

You just try to convince yourself you did the good thing. But when price is low, it is time to buy, not to sell.

[gizmoh]

322 on stamp


ALL IS LOST


edit:

NO YET 

[mrkavasaki]

At the Moment there are no reasons to hold any BTC  

You just try to convince yourself you did the good thing. But when price is low, it is time to buy, not to sell.

And the same  They said at 500..450...350  

[NotLambchop]

322 on stamp





edit:

You see?  Don't you feel somehow more honest once you accept the inevitable?

[JorgeStolfi]

Really looks like that bitcoin failed as an experiment

I think that it is still working as the technical experiment that it was meant to be: a test of whether the PoW/reward/majority protocol would indeed motivate miners to mine, and prevent sabotage of a decentralized ledger.  

Bitcoin was not meant to be a replacement or alternative to credit cards, a sound investment, a way to evade law enforcement, to weaken governments, to turn losers into millionaires, etc..  Others appropriated it and have been trying to redefine it as some or all of these things.

The technical experiment has worked for five years in spite of (not because of) its massive "adoption" by half a million people for those purposes.  From the purely technical point of view, the only problem that has surfaced in these 6 years is the centralization of mining, due to use of specialized chips and economies of scale.   That development was not expected, and may spell its technical failure.

Bitcoin may be failing only for some of the things it was never meant to be used for.

[grappa_barricata]

[Hunyadi]

Really looks like that bitcoin failed as an experiment

I think that it is still working as the technical experiment that it was meant to be: a test of whether the PoW/reward/majority protocol would indeed motivate miners to mine, and prevent sabotage of a decentralized ledger. 

Bitcoin was not meant to be a replacement or alternative to credit cards, a sound investment, a way to evade law enforcement, to weaken governments, to turn losers into millionaires, etc..  Others appropriated it and have been trying to redefine it as some or all of these things.

The technical experiment has worked for five years in spite of (not because of) its massive "adoption" by half a million people for those purposes.  From the purely technical point of view, the only problem that has surfaced in these 6 years is the centralization of mining, due to use of specialized chips and economies of scale.   That development was not expected, and may be technically its failure.

Bitcoin may be failing only for some of the things it was never meant to be used for.

[LFC_Bitcoin]

BTC is dead

[dakota neat]

Really looks like that bitcoin failed as an experiment

Capitalism and Democracy failed also, so what?

[VoR0220]

Really looks like that bitcoin failed as an experiment

I think that it is still working as the technical experiment that it was meant to be: a test of whether the PoW/reward/majority protocol would indeed motivate miners to mine, and prevent sabotage of a decentralized ledger. 

Bitcoin was not meant to be a replacement or alternative to credit cards, a sound investment, a way to evade law enforcement, to weaken governments, to turn losers into millionaires, etc..  Others appropriated it and have been trying to redefine it as some or all of these things.

The technical experiment has worked for five years in spite of (not because of) its massive "adoption" by half a million people for those purposes.  From the purely technical point of view, the only problem that has surfaced in these 6 years is the centralization of mining, due to use of specialized chips and economies of scale.   That development was not expected, and may be technically its failure.

Bitcoin may be failing only for some of the things it was never meant to be used for.

http://media3.giphy.com/media/Vyt6KFrfwGSxq/200.gif

Not at all. Even if bitcoin dies (I highly doubt it is anytime soon. There's so much venture capital being pumped into this to expand infrastructure and I read more and more about different companies accepting it.) The price is going to bottom out soon. It's going to stabilize roughly around this range. Maybe go up higher in value as more mainstream acceptance becomes apparent. At the worst what the experiment shows is that a deflationary currency is not sustainable. At best it shows that a deflationary currency is sustainable and shrouds the world in blockchain technology. That is where bitcoin will make the biggest difference. The blockchain. Bitcoin may die. But the altcoins are going to carry on. For sure.

[noobtrader]

i wonder if i should buy ripple  

[findftp]

Too bad 320 is a fake wall.
We will go much lower.
This wall is driven by hopium.