Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14688. (Read 26608006 times)

Real store of value is decades away still. Anyone who bought that line is a gold plated tosspot. I love the principle and it makes sense due to BTC's qualities, but it's being constantly shat on by human nature.

don't have to visualize it ...I"m stuck..stubborn and drank the 2013 BTC  kool-aid...I'm like a street person in Beverly Hills..sure it looks dire..but damn, I'm in Beverly Hills ..sheesh...

pay attention)


I'll see you there.....boom or bust...

ALL IN ALL WE'RE JUST ANOTHER BRICK

IN

THE

WALL.

I suggest we look a bit to the future a bit more.

Visualize HODLing 'til 2020 Halvening.

Just visualize it.

Just another bubble. There'll be another one along in a few months or years and it starts again. And no one will have learned anything new.

so what is our hope now....this was all a play by whales and FUD to drive the price down to get the cheap coin and a rebound?

This message came from darkwebforum. Dont know but its possible:

From the 15th January’ 2018, there have been rumors from forums in the dark web about a possibility of a slump, down to $6000 by February 1st week before prices return to the original consolidation stage at $14K by March 2nd week.

On January 5th, when Bitcoin prices were at $17,000, at a dark web forum which can be accessed through any anonymous browser (like Tor), a forum member by the name Cyberjourno, says: “Guys, there are big players in play, big institutional players who want to bring the price down to $7000, I know it seems impossible now but these guys handle the media and know how to control the market. For the coming couple of months, guys, stay safe, don’t be scared. Brace for FUD FUD FUD!”

On Jan 5th there were two other comments on multiple forums in the Russian and South Korean social sites that suggested a bigger market manipulation in play. Interpreted and translated versions of the comments read: “Waiting for US, South Korea, Indian and Thai markets to break negative stories by February, prices to stoop back to $5000. Big market players waiting to invest millions in Bitcoin and smaller crypto counterparts. It’s easy to guess, find the common corporate entity that controls media houses in these countries. Make your connection”

Real store of value is decades away still. Anyone who bought that line is a gold plated tosspot.

that is my fear....or if you go by the old bubble chart of despair....that would be the bottom...more or less.....

so much for BTC being a store of value....maybe it will bounce back some..but who wants a store of value yo/yo that gives you a heart attack every 4 months

LOL Your stuff is less than a thou now, will probably approximate zero at some point.
Your buddy jihan would have to charge infinite number of bch for his hardware he he.
Who cares about bch when you have the same block time.
Basically, nobody or close to it.

Real despair overshoots the mean. So that puts us at what, about $3,000?

Real despair overshoots the mean. So that puts us at what, about $3,000?

I take it Peter is now referring to Bcash as the one true Bitcoin.  True to form.

Marcus is coming to terms with the fact that the Blockstream/Core narrative is collapsing.  He's realizing that Bitcoin cannot succeed as only a "store of value"^TM or as muh "digital gold"^TM on its own -- instead, it needs to be used.  He's invested a lot into attacking people like me who have been doing the scalability research to grow bitcoin into a world-wide electronic cash system.  He sees his narrative coming unglued and so he lashes out.  

Marcus: have you noticed that the engineers of Blockstream are leaving?  Check out the latest Coindesk articles.  

Bitcoin will succeed, and it will succeed as a global e-cash system that is as useful to people making $2 per day as it is to people making $2,000 per day.  The Blockstream/Core "settlement layer" will end with this crash.

Much as I'm utterly bored of that chart, the parallels are there. Looks like we're shortly to enter despair.

It's pretty mind boggling how repetitive these moves are, or perhaps it isn't. It's human psychology that shapes these things and that doesn't change.

Well, let's go long on bitcoin. Wish me luck guys.

Good night everybody.