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

[bitcoinvest]

so what are your opinion here? it's a good time to buy?

[findftp]

so what are your opinion here? it's a good time to buy?

Since we are in 2** territory next couple of days I would say no.

[coa032]

so what are your opinion here? it's a good time to buy?

I think this is perfect time to invest in bitcoin. I mean, all bigger companies have started accepting bitcoin, price is stable as much is it possible...I think from now it can only go up. But that is just a my opinion.

[Silverspoon]

I'm sorry Adam your thread is now nearly useless. It does however focus most of the naysayers in one place , acting as a fly trap if you will.

If you are antibitcoin I ask that whatever bears still have coins.....please form a coordinated dump so my now **Daily**fixed USD buys get me more coins. --100% serious, please dump all you have and cut your losses

You buy a fixed amount daily, bears dump a fixed amount daily.  It all works out & becomes a part of the wonderful fabric we call the free market.

[yumei]

You buy a fixed amount daily, bears asic miners dump a fixed amount daily.  It all works out & becomes a part of the wonderful fabric we call the free marketasic market.

[bitcoinvest]

so what are your opinion here? it's a good time to buy?

I think this is perfect time to invest in bitcoin. I mean, all bigger companies have started accepting bitcoin, price is stable as much is it possible...I think from now it can only go up. But that is just a my opinion.

i have same opinion like you... does anybody knows when Paypal will start accepting bitcoins? is in beta stage or something as we speak?

[ChartBuddy]

Explanation

[Fatman3001]

TO DA SECOND LAGRANGE POINT!!!

I can haz L5?

I think it's at L5 now, ie. Lost in Space.

[gkv9]

so what are your opinion here? it's a good time to buy?

I think this is perfect time to invest in bitcoin. I mean, all bigger companies have started accepting bitcoin, price is stable as much is it possible...I think from now it can only go up. But that is just a my opinion.

Bigger companies accepting Bitcoins doesn't guarantee people start using it. Also, there is a good news that people will start getting their salaries in Bitcoins... I have read it somewhere but don't know who will start this revolution and which people agreed on this. But I can definitely say one thing, this will not only revolutionize it, but will stabilize the price of Bitcoins too...

[Bagatell]

TO DA SECOND LAGRANGE POINT!!!

I can haz L5?

I think it's at L5 now, ie. Lost in Space.

in a self sustaining orbit 

[dakota neat]

All this bearishness and price still above 300 makes this actually bullish 

[Silverspoon]

^I take it you've already spent all of your money on bitcoin when it was trading at a much higher price.  Otherwise you'd have money to buy some now.

[dakota neat]

^I take it you've already spent all of your money on bitcoin when it was trading at a much higher price.  Otherwise you'd have money to buy some now.

I'm buying with both hands.

[BitAddict]

so what are your opinion here? it's a good time to buy?

I think this is perfect time to invest in bitcoin. I mean, all bigger companies have started accepting bitcoin, price is stable as much is it possible...I think from now it can only go up. But that is just a my opinion.

Price stability is a myth. In the last few months price went from $275 to $400, then down to $320, after up to $475 and finally we are now at $300.

Price is now "stable" just because market is deciding where to go next.

[Silverspoon]

^I take it you've already spent all of your money on bitcoin when it was trading at a much higher price.  Otherwise you'd have money to buy some now.

I'm buying with both hands.

Seems like your hands are empty, because no volume.
You're not alone tho, pretty much all of the bitcoin faithful pawned their families a while ago to buy coins, now all they can do is watch.

[dakota neat]

^I take it you've already spent all of your money on bitcoin when it was trading at a much higher price.  Otherwise you'd have money to buy some now.

I'm buying with both hands.

Seems like your hands are empty, because no volume.
You're not alone tho, pretty much all of the bitcoin faithful pawned their families a while ago to buy coins, now all they can do is watch.

Holding is a good strategy.

[ChartBuddy]

Explanation

[findftp]

Holding is a good strategy.

Strategy for what?

[dakota neat]

Holding is a good strategy.

Strategy for what?

Profit.

[Silverspoon]

^I take it you've already spent all of your money on bitcoin when it was trading at a much higher price.  Otherwise you'd have money to buy some now.

I'm buying with both hands.

Seems like your hands are empty, because no volume.
You're not alone tho, pretty much all of the bitcoin faithful pawned their families a while ago to buy coins, now all they can do is watch.

Holding is a good strategy.

Perhaps, but that's not the point.  There are 3,600 bitcoins mined per day when the hashrate is static, more when it is increasing.  The majority of these coins are sold to pay for electricity and upkeep of the mines, bills need to be paid.  This means that even if every bitcoiner just hodls, new money has to come into the system to maintain the price.

In other words, the bitcoin network is printing money at a rate of around 15% per year.  This is just like the FED printing 15% more dollars a year - both debase the underlying currency by 15%.