Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17250. (Read 26608261 times)
May 12, 2017, 12:58:51 PM
Markets unaffected.
May 12, 2017, 12:34:44 PM
Worldwide malware bitcoin ransom attacks.
FUD right on time.
May 12, 2017, 12:21:25 PM
Worldwide malware bitcoin ransom attacks.
Clearly timed by gov-security services to give them a blank cheque to bring in huge new anti-bitcoin legislation
http://www.elperiodico.com/es/noticias/sociedad/ataque-informatico-masivo-infecta-las-grandes-empresas-espana-6033534
May 12, 2017, 12:08:11 PM
https://www.reddit.com/r/BitcoinMarkets/comments/6asbqr/bitfinex_usd_withdrawals_update/
one time withdrawals for usd in bitfinex on the horizon. still no update on regular functionality.
one time withdrawals for usd in bitfinex on the horizon. still no update on regular functionality.
May 12, 2017, 11:22:08 AM
RSI is pointless if BTC is about to go in overdrive. The trend is your friend.
Still RSI tells you good things.
At least it happened in past.
Look what happens after lines.
May 12, 2017, 11:12:25 AM
So it's feeling like we're getting close to FUD time, yah? Y'know, the kind of FUD that comes out of left field, the kind that the dumpers use as their supposed "crash" reason. 
May 12, 2017, 10:56:36 AM
has little utility value.
Bitcoin has massive utility value. It provides freedom to the user in the face of ever increasing capital controls implemented by the most powerful governments in the world.
Lots of hurdles to overcome before it will achieve mainstream adoption, but that's OK. I'm in for the long haul.
Bitcoin will never achieve "mainstream adoption". The average debt slave doesn't care about freedom.
1 - Explain how it provides freedom from capital controls any more than cold hard cash does? I have BTC and I have travelled pretty extensively, my BTC has been pretty much useless to me abroad. "Dirty fiat" i.e. USD cash money is accepted pretty much everywhere. This is not a criticism of BTC, it just illustrates that we are early in the game.
2 - I'm not a debt slave so I wouldn't know. I own my house and owe nothing to the bank or anyone else, so I guess I'm struggling to understand your point? You say that BTC provides freedom to the user, then say the avg debt slave doesn't care about freedom? I'm confused....
I'm sure any slave, debt or otherwise, has freedom at the front of mind.
The freedom Bitcoin provides is not primarily that of movement of capital as other forms of currency including fiat do this faster for mostly low cost. In fact one can argue that this was one of the main competitive advantages of fiat over metal currency.
The primary freedom bitcoin provides is freedom from centralized debasement of the medium of exchange which will increasingly dominate all global economies.
It also provides a secondary freedom against tyrannical governments interested in arbitrarily theft. To seize your bitcoin as long as your are not careless one must physically force you to divest their keys. This is much more difficult then simply freezing a centralized bank account. It is also harder then simply raiding your home and taking your big stack paper dollars which are much more difficult to hide.
May 12, 2017, 10:44:13 AM
has little utility value.
Bitcoin has massive utility value. It provides freedom to the user in the face of ever increasing capital controls implemented by the most powerful governments in the world.
Lots of hurdles to overcome before it will achieve mainstream adoption, but that's OK. I'm in for the long haul.
Bitcoin will never achieve "mainstream adoption". The average debt slave doesn't care about freedom.
1 - Explain how it provides freedom from capital controls any more than cold hard cash does? I have BTC and I have travelled extensively, my BTC has been pretty much useless to me abroad. "Dirty fiat" i.e. USD cash money is accepted pretty much everywhere. This is not a criticism of BTC, it just illustrates that we are early in the game.
2 - I'm not a debt slave so I wouldn't know. I own my house and owe nothing to the bank or anyone else, so I guess I'm struggling to understand your point? You say that BTC provides freedom to the user, then say the avg debt slave doesn't care about freedom? I'm confused....
I'm sure any slave, debt or otherwise, has freedom at the front of mind.
May 12, 2017, 10:29:30 AM
You don't buy at the dip in bitcoin, you dip into some altcoins... (it's called gambling.)
Interesting. I definitely think there is a huge scope for making serious profits in Litecoin. I have been tempted to pump a couple of thousand dollars into Litecoin, HODL for a bit & then if it rises a lot dump for bitcoin.
May 12, 2017, 10:21:09 AM
You don't buy at the dip in bitcoin, you dip into some altcoins... (it's called gambling.)
May 12, 2017, 10:13:49 AM
has little utility value.
Bitcoin has massive utility value. It provides freedom to the user in the face of ever increasing capital controls implemented by the most powerful governments in the world.
Lots of hurdles to overcome before it will achieve mainstream adoption, but that's OK. I'm in for the long haul.
Bitcoin will never achieve "mainstream adoption". The average debt slave doesn't care about freedom.
May 12, 2017, 09:17:22 AM
An extremely early good morning Bitcoinland. 9:50AM local time. Isn't that farmer's hours?
Seems we had the massive correction we were all waiting for, dropping $135 at one point... currently $1781 USD (Bitcoinaverage).
That's all the way back to where we were the day before yesterday. Oh boo hoo.
Not a buyable dip. Still waiting. Nice to see we're not in a bubble.
Seems we had the massive correction we were all waiting for, dropping $135 at one point... currently $1781 USD (Bitcoinaverage).
That's all the way back to where we were the day before yesterday. Oh boo hoo.
Not a buyable dip. Still waiting. Nice to see we're not in a bubble.
Morning Jimbo, yep nothing to see here for all the bears, trolls & haters praying for a huge crash. This is nothing more than a healthy & expected correction.
Keep doing what you do my fellow HODLER!
May 12, 2017, 09:10:18 AM
An extremely early good morning Bitcoinland. 9:50AM local time. Isn't that farmer's hours?
Seems we had the massive correction we were all waiting for, dropping $135 at one point... currently $1781 USD (Bitcoinaverage).
That's all the way back to where we were the day before yesterday. Oh boo hoo.
Not a buyable dip. Still waiting. Nice to see we're not in a bubble.
Seems we had the massive correction we were all waiting for, dropping $135 at one point... currently $1781 USD (Bitcoinaverage).
That's all the way back to where we were the day before yesterday. Oh boo hoo.
Not a buyable dip. Still waiting. Nice to see we're not in a bubble.
I agree on the "not a bubble" part
But not a buyable dip? It's a 135$ dip, not enough for you?
Waiting for 500$ drop? ^^
May 12, 2017, 09:04:06 AM
Was this everything that the bears got?
I know this market is particularly irrational, but it was never going to keep going up forever. People will take profits, bulls and bears alike.
Put down the Kool-Aid and buy the dip.
Yeah I'd bet the coin is going to go back to 1600$
Maybe a bit less
This price isn't a bit high in my opinion...
I'm just sick of the cultist bullshit in this thread, and people telling others what to do with their money.
I believe in BitCoin, otherwise I wouldn't be here, but at the moment (IMO) it is still a speculative investment and has little utility value.
Lots of hurdles to overcome before it will achieve mainstream adoption, but that's OK. I'm in for the long haul.
May 12, 2017, 09:00:09 AM
An extremely early good morning Bitcoinland. 9:50AM local time. Isn't that farmer's hours?
Seems we had the massive correction we were all waiting for, dropping $135 at one point... currently $1781 USD (Bitcoinaverage).
That's all the way back to where we were the day before yesterday. Oh boo hoo.
Not a buyable dip. Still waiting. Nice to see we're not in a bubble.
Seems we had the massive correction we were all waiting for, dropping $135 at one point... currently $1781 USD (Bitcoinaverage).
That's all the way back to where we were the day before yesterday. Oh boo hoo.
Not a buyable dip. Still waiting. Nice to see we're not in a bubble.
May 12, 2017, 08:53:23 AM
Was this everything that the bears got?
I know this market is particularly irrational, but it was never going to keep going up forever. People will take profits, bulls and bears alike.
Put down the Kool-Aid and buy the dip.
Yeah I'd bet the coin is going to go back to 1600$
Maybe a bit less
This price isn't a bit high in my opinion...
May 12, 2017, 08:41:47 AM
Was this everything that the bears got?
I know this market is particularly irrational, but it was never going to keep going up forever. People will take profits, bulls and bears alike.
Put down the Kool-Aid and buy the dip.
May 12, 2017, 07:39:44 AM
It dipped to 1813 this morning? God that will shatter my hopes and dreams. How terrible!
:-)
:-)
Bitcoin died again
Seriously though the panic from noobs & inexperienced bitcoin'ers is embarrassing when there is a mini dump. I'd understand if the price plummeted $500 over night but come on
Let's hold off panicking until the price drops to around $250
Oh please! I would panic buy with everything I have. I would sell my car, my mother's house, my sister's body and my kidney just to get money to buy bitcoins at 250$.
It's a joke. I wouldn't sell my kidney.
I know that sometimes the exaggerations are attempts to have fun - but let's get a bit real.
At this time, I think that we could panic if we were to see prices below $700, anywhere within the next several months.
In other words, it would take a whole hell-of-a-lot of loss of confidence to achieve those kinds of numbers below $700 or even below $1,000 for that matter (maybe panic would be o.k., even with prices below $1k).. and right now, at the moment, the trend is upwards, and the current dips that we have been experiencing into the mid-$1,700s tends to support pretty decent probabilities that BTC prices are continuing up... and testing of $2,000 is seeming likely in the coming days or within a week or so if it drags out.
Sure, dynamics can change, too.
May 12, 2017, 07:20:57 AM
People will think twice before selling there coins, Bitcoin is to valuable for it.
$2000 next week!
$2000 next week!
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