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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26405283 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Tzupy
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December 17, 2014, 06:25:23 PM

Meanwhile, Shroomsy's preferred asset is still in a 3 year bear market and on the verge of making new lows.

If you are talking about silver, it still seems to be in wave C, but that could get truncated.
Price is now similar to 2009, to go up all it needs is increased demand and maybe a shiny Markus & Willy bot.
God27
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December 17, 2014, 06:25:37 PM

Are there any bulls left ?

I'm not a bull since Derrick Rose's injury.

Which one, which year?
EFS
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December 17, 2014, 06:26:44 PM

Are there any bulls left ?

I'm not a bull since Derrick Rose's injury.

Which one, which year?

2012, 2013, 2014. All.
adamstgBit
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December 17, 2014, 06:27:46 PM

Meanwhile, Shroomsy's preferred asset is still in a 3 year bear market and on the verge of making new lows.

If you are talking about silver, it still seems to be in wave C, but that could get truncated.
Price is now similar to 2009, to go up all it needs is increased demand and maybe a shiny Markus & Willy bot.

maybe they can stamp ripple logos on coins, that should increase demand.
JorgeStolfi
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December 17, 2014, 06:36:54 PM

About Ripple (sorry!): people should be aware that "the Ripple network" and "the Ripple coin" (XRP) are two very distinct things (unlike the bitcoin network and BTC).  The banks are interested in the Ripple network, which is being designed for their use.  The banks could use the currency XRP in that network, but do not have to.  So adoption of the network by the banks does not imply that XRP will become valuable, or even survive.   (That is what I understood; please correct if it is wrong.)
The Ripple network depends on the use of XRP.

Are you sure? I understood that XRP could be used by the banks as a "bridging" currency when converting between currencies that are not directly exchangeable; but any other currency (EUR, USD, etc. -- even BTC) could be used instead.
luigi1111
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December 17, 2014, 06:50:14 PM

Man, why have I waited so long to begin following this thread?
fonsie
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December 17, 2014, 06:51:05 PM

Oh, Shroomsy is back. Just in case, for those who don't know this particular maniac yet:

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!

None at the moment. Not sure if i will buy back again.  I invest in other things now.
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December 17, 2014, 07:00:28 PM


Explanation
podyx
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December 17, 2014, 07:03:40 PM

If we go sub 300 before a bounce

jonoiv
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December 17, 2014, 07:05:51 PM

If we go sub 300 before a bounce



I feel the same Sad

EDIT:

The only positive thing I can see is the 15k open shorts.  It's only been significantly higher a couple of times before.

dakota neat
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December 17, 2014, 07:08:58 PM

You get played once more  Cool

derpinheimer
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December 17, 2014, 07:10:34 PM

If we go sub 300 before a bounce



I feel the same Sad

https://www.youtube.com/watch?v=871-3XMhtAk

Wait for the next bounce. Yes, $200 is coming. Yes, $100 is coming (although it may take awhile). But its unlikely we wont see $400 or above again at some point. I suppose its totally possible if people are realizing this... but if you're already at a huge loss, I'd imagine waiting is better than accepting it.
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December 17, 2014, 07:11:00 PM

tarmi
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December 17, 2014, 07:18:50 PM

I dont know why but I dont feel sorry for day traders waiting for 10 $ bounces.

WeltMaster
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December 17, 2014, 07:21:04 PM

I find it hard to believe most big holders right now aren't long, and I can't see a short at these prices being very profitable, it's pretty risky for little reward imho.

A fight for new lows will take a huge amount of bitcoins, and the bears might not even breach it, this market has been very bullish recently. Probably the most out of 2014 in terms of btc bought.
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December 17, 2014, 07:23:49 PM

...this market has been very bullish bearish recently. Probably the most out of 2014 in terms of btc bought sold.

FTFY
conspirosphere.tk
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December 17, 2014, 07:26:00 PM


jonoiv
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December 17, 2014, 07:27:36 PM

I dont know why but I dont feel sorry for day traders waiting for 10 $ bounces.



I'm not sure he was talking about a $10 bounce. I could be wrong.

Personally I feel sub $300 would be soul destroying, and a big detriment to Bitcoin.  
WeltMaster
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December 17, 2014, 07:33:19 PM

...this market has been very bullish bearish recently. Probably the most out of 2014 in terms of btc bought sold.

FTFY

I'm talking about since October.

The markets waking up and eyes are on bitcoin

it's like July 2013 all over again
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December 17, 2014, 07:34:51 PM

All these news, mostly positive ones, and the price still go down. Why? Shouldn't more people buy it now? And causing the price to rise?
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