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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26347. (Read 26720431 times)

sr. member
Activity: 448
Merit: 250
I still don't get this dump..

Like why did we go from $590 last week to $309 without any big news?


the only news has been an overwhelming bear market. hell, not even sure this is the last margin call cascade we will see. that's what it looks like anyway. someone probably dumped 2k+ coins and triggered a bunch of stops and then triggered a bunch of margin calls....
sr. member
Activity: 434
Merit: 250
I still don't get this dump..

Like why did we go from $590 last week to $309 without any big news?




maybe because of me, i started mining  right before the price gone down. Sorry
sr. member
Activity: 448
Merit: 250
giggity giggity!!! anyone else get filled on BTCE? flash crash bids for the win! sitting on $3xx coins right now. what a beautiful morning!!! Grin
sr. member
Activity: 336
Merit: 250
I still don't get this dump..

Like why did we go from $590 last week to $309 without any big news?

legendary
Activity: 1078
Merit: 1441
I was just pointing out that this forum is rubbing off on your style, you are becoming more troll like in your posts...

stuff

"When they finally get some product from him, even if it is late, junk, and much less than they paid for, they will be thankful and forget the damage and come back the next day for more, nice and smiling."

yeah... oorrrrr they shank the fuck out of the guy with a sharpened screwdriver and leave him full of holes in a puddle of his own blood and relieve him of his cash and stash... but I guess that depends on what neck of the woods you hail from.

Also are you talking from experience?  ha ha sounds like you are familiar with waiting around for shitty dealers to me.

Other than that, what a daft example you give.

hero member
Activity: 504
Merit: 500
Moderator
8$ spreads @ Stamp. Trading like a headless chicken.
full member
Activity: 166
Merit: 100
Only Tom Cruise can save us now
sr. member
Activity: 280
Merit: 250
Scary is what will happen if (and after) we breach $360-380 levels
member
Activity: 70
Merit: 10
Really high volumes today

full member
Activity: 182
Merit: 100
I have been trading pretty well this week, but I can't even guess which way we are moving for the next couple of hours.  Could be 495, could be 395.  Could sit at 460.  Hell if I can figure it out.

This is a scary market.
sr. member
Activity: 280
Merit: 250
Always ready to take responsibility for my positions and CUT MY LOOSE when I'm wrong.
I cut my loose once, stung like a bitch.
Lmfao
legendary
Activity: 2842
Merit: 1511
Always ready to take responsibility for my positions and CUT MY LOOSE when I'm wrong.
I cut my loose once, stung like a bitch.
jr. member
Activity: 55
Merit: 1
Im buying .1 btc per day as the price keeps dropping.  Swinging for the fences here fellas, ill be codling fir at least a few years.

I hereby announce codling will be the new way wr here at bitcoin talk refer to holding coins or hodling them.

Wait, what is tank doing with his coins?

I will codl them
newbie
Activity: 10
Merit: 0
so bitcoin will  arrive  to its lowest mark this night, sad but true:)
Mybe it is over? Litecoin is almost dead, bitcoin next

Bitcoin has never been at a lower price... yeah. It's sad Sad
hero member
Activity: 910
Merit: 1003
Why would they be afraid to go to the police, buying mining rigs isn't illegal, is it?
Indeed it isn't.  My point is that they are behaving as if it were, instead of doing what an ordinary customer should do when he gets scammed by an ordinary store.

Could be denial, as you say, ... but for nine months?
sr. member
Activity: 434
Merit: 250
so bitcoin will  arrive  to its lowest mark this night, sad but true:)
Mybe it is over? Litecoin is almost dead, bitcoin next
hero member
Activity: 504
Merit: 500
Moderator
Lot of "emotional" trading going on right now.  Cheesy Cheesy Cheesy
People seem to be nervous.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 518
Merit: 500
Trust me!
I was just pointing out that this forum is rubbing off on your style, you are becoming more troll like in your posts...

That unfortunately is true, I feel that I have become more cynical with time.  Not because of this thread, I think, but of other threads I have been reading.   Some of them are beyond crazy, totally surreal.   

For example, reading the threads about Butterfly Labs, AMT, and other mining rig scams, I could not understand why the victims kept asking and pleading and discussing with the companies for almost a year, still accepting their phony explanations, promises, deals, upgrades -- even sending them more money.  Those clients must know that the CEO of one of those companies was convicted, not long ago, of running an international lottery scam that stole 25 million from old pensioners and such.  Being told so, a sane client should have stopped wasting time and gone straight to the police to file charges for fraud.  Why did their clients instead keep asking, whining, pleading, insulting, sometimes even praising the scammers?

Then I had an epiphany (what a swell word, must use it more often!  Cheesy): that is the way drug addicts interact with drug dealers who failed them.  They know that the merchant is a criminal and what he did to them was fraud.  But they of course won't go to the police, and know that he is the boss so their only hope is to convince him to deliver.  When they finally get some product from him, even if it is late, junk, and much less than they paid for, they will be thankful and forget the damage and come back the next day for more, nice and smiling.

Could it be that buying illegal drugs was the only non-trivial "business experience" that those clients had in their life?

I actually don't necessarily believe the metaphor of the drug dealer and the addict is the best fitting one. I guess it's just how human psychology and reasoning works. Why would they be afraid to go to the police, buying mining rigs isn't illegal, is it? It's more of the "I don't want to admit that I've been scammed" sentiment, combined with "I'll just go and keep telling myself they'll deliver eventually" - which is called wishful thinking. It's just trying to get out of the whole situation and trying to grasp every straw available!
newbie
Activity: 10
Merit: 0
Question is, how will you feel if the price rebounds to 500 soon? Or even 550.

Sentiment is in the shitter, r/bitcoin is proof of that. Take advantage now or complain later. Cheesy

I wouldn't feel a shit, in fact I would feel sorry for the "buy high and sell low" folks, because I think this train is not stopping here yet, I think it is still going south. r/Bitcoin is a catastrophic sub, I wonder how old the guys who hang there...

Well, it's a valid tactic, if you ask me! You can make a lot of people very happy with that strategy!
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