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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26282. (Read 26719092 times)

legendary
Activity: 1148
Merit: 1018
Did Jorge Stolfi buy bitcoins yet?
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
i'm pretty sure i need to sell some
i'm way too stressed when shit looks bad.
but for the kids, i stuck it up and deal.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 504
Merit: 500
Moderator
Can´t log into Bitfinex right now?  I have no leveraged positions and am all-in crypto over there there, so i don´t have to sweat. Wink Anyone else having the same problem?

Edit:
It looks like there are others:

My token verification doesn't work all of a sudden.. Worked an hour ago. I have contacted support but no answer yet and orders waiting.. Please help me fix this. Anyone else with the same problem?
Glad to read this. Same Problem for me! Which probably means BFX has just fucked up their system time or something.


Well i hope you shorters have set tight stop losses, lol.

[tinfoil hat] short squeeze conspiracy [/tinfoil hat]
member
Activity: 63
Merit: 10
Even with current downfalls, I will take optimistic approach and hold it. BTC has got the potential to rise. Probably $800 in a year.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
We again crossed the 490. What do you think guys, will this time price will able to hold the 490 mark.
sr. member
Activity: 364
Merit: 250
I have never sodled a BTC.  Only hodled.
hero member
Activity: 910
Merit: 1003
maybe shorters know something you dont.

no one has a clue

people have plans

plans get fucked

everytime

just HODL
Agree with you 80%.  Cheesy

Wait, actually 100%: I am hodling too, as always. Grin
sr. member
Activity: 364
Merit: 250
will we have what we are looking for? will price ever reach 1000$ again?

price will need to find its footing again, we thought we had it and doubled from the low to 680

now longs have been squeezed, shorts are increasing price is tanking and everyone is questioning everything again

this will pass... we may or may not make a new low b4 this passes who knows.

i wouldn't be surprised to see another doubling from the low after the market has found its confidence again, after that hopefully the good news keeps flowing and more importantly new users, and we'll be on our way.

don't expect a smooth ride, and i would think the market would refuse to buy 1000$ bitcoin again untill theres some good news / more usage.

but good news / more usage seems to be what's coming, with things like COIN being listed on the us stock exchange, thats sure to make heads turn, and there are other things to look forward to... once it gets going, things should turn around pretty quickly...

If all this happens and we do reach 1000$ again it will most certainly not stop there, we'll probably do another 10x increase aka "bubble"


Will it EVER reach $1000?  "Ever" is a long time.  If you're looking down the road a few years, the answer is that of course it will.  I'd stake a whole lotta money on that.  Even if it takes 3 years to hit $1000 (I don't think it will), where else are you likely to more than double your money in that period of time?

BTC value in my opinion can be derived from the value of the user network (Metcalfe's Law) and its corresponding share of global M2 money supply.  And you can't put the toothpaste back in the tube.  Crypto is just a better product than other options out there...see Cypherdoc's post that Overstock says use of BTC saves them 8% over credit card fees and currency exchange!  That's probably pretty close to their net margin!

At 0.5% of global M2 and 5x more velocity than current, BTC is worth approximately $3000.  I don't know how long it takes to get there, but it WILL.  And keep in mind that the price/value graph will show BTC price crossing back and forth over the value line.  Right now, I strongly believe that price is lagging value.  As value climbs due to increasing adoption (as currency AND store of value, hence the M2 not M1 comparison), we will cross over and shoot to the high side.  

I wouldn't expect to see a straight shot up from $1000 to $10,000.  We may not see another move like we saw last year, one that takes place over such a short period and has such a magnitude.  But BTC will absolutely go back over $1000.  I couldn't possibly guess when.  It might be in September.  It might be in 2016, but even if it takes 4-5 YEARS, buying at $480 ish is a fabulous investment in the future.  
legendary
Activity: 3794
Merit: 5474
Ok, the activity in the last week just unequivocally proves the theory that the crypto market whales take a 3-4 month hiatus during the summer months.  This summer was completely dead (except for that silly SR auction crap). What a waste of time and energy this summer was for me.

Next summer, I'm going to cold storage everything and not even look at the market from May to August.
legendary
Activity: 1554
Merit: 1000
Litecoin is over 5$ already, seems btc is following ltc at the moment

Apparently, its 'just coincidence'.
legendary
Activity: 2268
Merit: 1141
Litecoin is over 5$ already, seems btc is following ltc at the moment
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
just HODL
...off the exchange, so you can be sure you actually have the coins.
or trust virtex

virtex will never have any problems i can FEEL it.

 Cheesy
legendary
Activity: 1400
Merit: 1013
just HODL
...off the exchange, so you can be sure you actually have the coins.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Ok, people, here we go again. Fasten seatbelts

newbie
Activity: 14
Merit: 0
Just wanted to apologize to everyone of you guys here...  Cry
legendary
Activity: 1232
Merit: 1011
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
maybe shorters know something you dont.

no one has a clue

people have plans

plans get fucked

everytime

just HODL
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
maybe shorters know something you dont.
Maybe they think they know something we know for sure it's not?
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
will we have what we are looking for? will price ever reach 1000$ again?

price will need to find its footing again, we thought we had it and doubled from the low to 680

now longs have been squeezed, shorts are increasing price is tanking and everyone is questioning everything again

this will pass... we may or may not make a new low b4 this passes who knows.

i wouldn't be surprised to see another doubling from the low after the market has found its confidence again, after that hopefully the good news keeps flowing and more importantly new users, and we'll be on our way.

don't expect a smooth ride, and i would think the market would refuse to buy 1000$ bitcoin again untill theres some good news / more usage.

but good news / more usage seems to be what's coming, with things like COIN being listed on the us stock exchange, thats sure to make heads turn, and there are other things to look forward to... once it gets going, things should turn around pretty quickly...

If all this happens and we do reach 1000$ again it will most certainly not stop there, we'll probably do another 10x increase aka "bubble"


so no one disagrees on any of this?

This bear agrees.

But it will need time. I guess 2014 will be a year of consolidation.

i think its closer than poeple realize

i'm hoping the irrational dumps stop and we roughly double from this low 440 to 880.
 
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