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

[LFC_Bitcoin]

Slightly pissed check in. Slow incredibly low volume drift lower. Good game bears. Good luck when real people return!

Absolutely nothing to do with bears, it's Christmas fucking day, most people are doing stuff.

[1714484395]

1714484395

[1714484395]

1714484395

[kenji]

got damn, help i am crypto addicted!!!! watch every minute on the charts

crypto is a hell of a drug!!!

[Davyd05]

http://www.businessinsider.com/warren-buffett-money-tips-for-2015-2014-12

But Buffett’s problem with Bitcoin isn’t that it’s a tech investment — it’s that it’s not any kind of investment at all, because it doesn’t have value, as he explained in a March interview with CNBC.

“Stay away from it. It’s a mirage, basically. … It’s a method of transmitting money. It’s a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money? Are money orders? You can transmit money by money orders. People do it. I hope Bitcoin becomes a better way of doing it, but you can replicate it a bunch of different ways and it will be. The idea that it has some huge intrinsic value is just a joke in my view.”

Read more: http://www.gobankingrates.com/personal-finance/6-things-warren-buffett-says-should-money-2015/#ixzz3MwXTOAlW


I don't know how Warren can identify one of the many reason bitcoin has value in the banking industry particularly and think it has no value loooool

[LFC_Bitcoin]

Buffett is a dinosaur, he's too old to appreciate a new way of money.

[JayJuanGee]

Canadian Startup BitGold Closes $3.5 Million Funding Round
Canadian digital currency startup BitGold has successfully closed a $3.5m Series A funding round.

Participants in the round included PowerOne Capital, Soros Brothers Investments, Sandstorm Gold and PortVesta Holdings. Notably, the man behind Soros Brothers Investments is Alexander Soros, the son of billionaire investor George Soros.



http://www.coindesk.com/canadian-startup-bitgold-closes-3-5-million-series-funding-round/

 

even soros got bitcoin fever... LOL  

ok... DOUBLE Teh ZERO !!!  300 --->30000

CUT YOUR LOOOOOOOOOOOOOOOOOOOOOOOOOOOOSE!!!!!!!!!


Double those zeroooooooooooooooooooooooooooooooooooos!!!!!!!!!!

[JayJuanGee]

http://www.bitell.com/t/2219 Chinese just go ahead and pumpppppppp

oh and I just noticed I am a Hero member. Merry Xmas Forums

I hope you still interact with us.... 

[Davyd05]

Buffett is a dinosaur, he's too old to appreciate a new way of money.

its mind boggling that he identifies one of the major financial uses of it ... and says a better way of transmitting money... and still shits on it, very contradictory.

http://www.bitell.com/t/2219 Chinese just go ahead and pumpppppppp

oh and I just noticed I am a Hero member. Merry Xmas Forums

I hope you still interact with us.... 

I wouldn't dream of leaving.

[ElectricMucus]

https://twitter.com/JustinWolfers/status/547469477282320385

nice chart,
but it does have a tendency to lead people to percive the base currency of USD as something of constant value.
If your base cirrency were rubel for instance that chart would look totally different.

The big difference is you can actually buy about the same amount of of stuff with the same amount of RUB, in Russia. That is because there is a real economy behind it and in order for Cryptocurrencies to be even comparable they have to have that economy too.

[Bitcoin_BOy$]

Two weeks and we still on the same price 320 -310

[JayJuanGee]

... Too bad I don't have more available fiat to buy more btc.

If you sold pretty much any time during the past year, you would have fiat to buy now.  You let your greed get the better of you and hodleded.
Nobody's fault but your own

It's NOT called greed.  It is called accumulation with expectations that the price would go higher... however, if the price keeps going lower, then at some point, BTC investors (bull investors) will run out of money because they continue to believe that BTC prices will be going up. 

I can relate because I have the same issue.. and there is a matter of timing purchases.  I have about an additional $8k that I want to put in within the next month; however, I have already bought quite a bit at this price, and I would like to buy lower or more at this price, yet on the other hand, I cannot really tell if the prices are going to continue to go down or if we are at the bottom or near the bottom.  I don't care that much if I buy at $300 or $350 - even though, if I have a lot of confidence that the price is going to $300, then I would prefer to buy at or around that price rather than at $350....

Anyhow, the point is that the longer the prices are down, the more BTC that us BTC bulls can accumulate - and I have way more BTC than I had expected to have, based on the downtrend in prices over the past year.

in other words, BUY, BUY, BUY  and/or HODL, HODL, HODL.

hahahahahahaha 

[ShroomsKit]

Two weeks and we still on the same price 320 -310

Cheaaap coins!!!

This is what everyone begged for for months. So no complaining please.
Why is there no party right now really? I don't get it.

[JayJuanGee]

This xmas I didn't give any actual presents.

What I did give my family was a three hour presentation on crypto. After that I hosted/ insisted on a four hour discussion on what they learnt. To round off the day I forced them to do coding until bed time to relax.

I think they all had a lot of fun. Or I did. I have a full menu of extra reeducation for tomorrow.

That's hilarious.

[Bitcoin_BOy$]

Two weeks and we still on the same price 320 -310

Cheaaap coins!!!

This is what everyone begged for for months. So no complaining please.
Why is there no party right now really? I don't get it.

Everyone hope it repeat the last year

[JayJuanGee]

Well done traders. The last rally of the year, the last chance to make something positive out of a horrible 12 months and you killed it once again.
Once again you dumped straight in the faces of the new buyers and scared them away. Most likely for good. But fuck all that right when you can make 50 bucks.

Well done and thanks from the people who do care for this awesome year of destroying the greatest tech invention we've seen in a long time.

For some reason, this never gets old/boring. I will never put you on ignore

I'm constantly tempted to put him on ignore. ShroomsKit is so stupid, he can't seem to grasp the simplest concepts of trading. He still thinks people are shorting to gain some small US$ amount, and all that after numerous attempts to customize explanations appropriate to his intelligence level. I wonder how he managed to pass through school.

I think he is in eight or ninth grade, so give him a break.  He has NOT yet learned abstract thinking.  He still believes the world revolves around his narrow little thoughts and life in his basement bedroom.   

[findftp]

Just for the record.
Market bought at 317
Sell order at 327
After that,.... who knows.
I'll wait for the* bottom, january 14th(ish)


* The lowest price point in 2015 and ever after. Means all-in. Sell yo wife, kids and car.

[Wandererfromthenorth]

Bitcoin is the sacrificial lamb of decentralised networks and technologies.

[ChartBuddy]

Explanation

[HerrAndreas]

https://twitter.com/JustinWolfers/status/547469477282320385

nice chart,
but it does have a tendency to lead people to percive the base currency of USD as something of constant value.
If your base cirrency were rubel for instance that chart would look totally different.

The big difference is you can actually buy about the same amount of of stuff with the same amount of RUB, in Russia. That is because there is a real economy behind it and in order for Cryptocurrencies to be even comparable they have to have that economy too.

Sorry to say, but this is actually not true.
You get less and less for RUB in russia every week.
And dont even think about buying anything from abroad (car, tech-stuff, clothes, just anything imported). It just got really expensive. But yes you can get local milk and bread for a more or less stable price.

[Brewins]

Wtf is going on?

[Brewins]

Wtf is going on?

if refuses to show  -_-

http://s8.postimg.org/wtjdgob4z/sdaf.png