Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21164.

LFC_Bitcoin

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Quote from: madonnino on July 31, 2015, 05:30:06 AM

Quote from: LFC_Bitcoin on July 31, 2015, 05:26:54 AM

Quote from: rememberme on July 31, 2015, 03:58:13 AM

umm 200 incomming Angry

We're down 3 USD today, what is all the panic about? For real world terms 3 USD will buy you a coffee or a burger.
That is literally the price loss over the last 12-24 hours, let's all calm down shall we & see how this plays out. It's not exactly time to start tying a noose & hang ourselves Grin

3$ when you have 200btc it's a loss of about 600$, it every depends on how many coin you own, if u have 1 o worries but if u have more a dump of 10$ would be a lot of money

I'm a HODLER so I have no worries at all. The vast majority of my stash is in cold storage, I'm waiting for at least 5 years. You haven't lost anything during a period of downwards price movement unless you sell at a loss. Nobody sells on the way down unless they're retarded.

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Quote from: LFC_Bitcoin on July 31, 2015, 05:26:54 AM

Quote from: rememberme on July 31, 2015, 03:58:13 AM

umm 200 incomming Angry

We're down 3 USD today, what is all the panic about? For real world terms 3 USD will buy you a coffee or a burger.
That is literally the price loss over the last 12-24 hours, let's all calm down shall we & see how this plays out. It's not exactly time to start tying a noose & hang ourselves Grin

3$ when you have 200btc it's a loss of about 600$, it every depends on how many coin you own, if u have 1 o worries but if u have more a dump of 10$ would be a lot of money

LFC_Bitcoin

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Quote from: rememberme on July 31, 2015, 03:58:13 AM

umm 200 incomming Angry

We're down 3 USD today, what is all the panic about? For real world terms 3 USD will buy you a coffee or a burger.
That is literally the price loss over the last 12-24 hours, let's all calm down shall we & see how this plays out. It's not exactly time to start tying a noose & hang ourselves Grin

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Quote from: luckygenough56 on July 31, 2015, 05:23:34 AM

2 digits anyone ? Cheesy

42

There you go Wink

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2 digits anyone ? Cheesy

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Quote from: kevindurant on July 31, 2015, 05:15:53 AM

Sorry I was wrong. BTC is under 280$ for 12+ hours in Btc-e. I thought 280 was the great resistance but it broke down easily. Sad

All I see is a bounce from $282. BTC-E is always $5 below avearge of stamp and finex Wink

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https://www.tradingview.com/chart/BTCUSD/XSQuynWO-Take-Profits-and-look-for-possible-short-signals/

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Sorry I was wrong. BTC is under 280$ for 12+ hours in Btc-e. I thought 280 was the great resistance but it broke down easily. Sad

ChartBuddy

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ChartBuddy

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umm 200 incomming Angry

LFC_Bitcoin

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Bit of a dip overnight, seems to be some resistance at 275 though so I doubt we'll go any lower than that. This is a good opportunity for people to gobble up some cheap coins.

notme

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Quote from: GaliX on July 31, 2015, 03:04:53 AM

Quote from: Brewins on July 31, 2015, 12:48:51 AM

Quote from: JorgeStolfi on July 31, 2015, 12:45:25 AM

Quote from: GaliX on July 30, 2015, 06:15:18 PM

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Quote

Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, ...

except by the fees or when the gov block you from accessing bank stuff, like happened in Greece and other countries in different times

you know how expensive a bitcoin TX is without the subsidized Blockreward would be?
The ~50$ a current transaction costs makes the traditional system look cheap as fuck...

Somebody has to pay all the THs of mining power burning all the electricity 24/7...

https://blockchain.info/charts/cost-per-transaction

Your point still stands with the $10 the actual data shows...there is no reason to be hyperbolic.

Natalia_AnatolioPAMM

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Quote from: Gyrsur on July 31, 2015, 02:44:35 AM

Quote from: ?? on ??

Well, if community would want the price to go up no market maker would be strong enough to push the price down... Everyone (existing bitcoiners) should simply buy one more bitcoin and hold it for a month or two.

my opinion is that the demand is too low for a strong upward trend at the moment. but the situation maybe change after the halfing next year.

It will definitely change. Everything changes after halving, especially when the situation is this deep

WhatsBitcoin

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Whats with all the shilly sigs?! Go buy some bits, you cheap bastards Angry

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Quote from: GaliX on July 31, 2015, 03:04:53 AM

Quote from: Brewins on July 31, 2015, 12:48:51 AM

Quote from: JorgeStolfi on July 31, 2015, 12:45:25 AM

Quote from: GaliX on July 30, 2015, 06:15:18 PM

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Quote

Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, ...

except by the fees or when the gov block you from accessing bank stuff, like happened in Greece and other countries in different times

you know how expensive a bitcoin TX is without the subsidized Blockreward would be?
The ~50$ a current transaction costs makes the traditional system look cheap as fuck...

Somebody has to pay all the THs of mining power burning all the electricity 24/7...

Quote from: ?? on ??

Quote from: Gyrsur on July 31, 2015, 02:44:35 AM

Quote from: ?? on ??

Well, if community would want the price to go up no market maker would be strong enough to push the price down... Everyone (existing bitcoiners) should simply buy one more bitcoin and hold it for a month or two.

my opinion is that the demand is too low for a strong upward trend at the moment. but the situation maybe change after the halfing next year.

I think that demand is big enough... Fact is that someone with lots of coins is shitting around for a year now. Also community has changed big time and bitcoin use to grow on it.
Halving sure will bring the spike! Many are already buying coins just because of that, after all it is less than a year until halving Wink

Not really... A real demand is almost not existing. It's purely driven by speculation ...

The block reward is falling exponentially.

Speculation has been working for 6 years. It seems to have worked for gold for 5000 years.

Your points aren't really valid to use for short term price prediction.

GaliX

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Quote from: Brewins on July 31, 2015, 12:48:51 AM

Quote from: JorgeStolfi on July 31, 2015, 12:45:25 AM

Quote from: GaliX on July 30, 2015, 06:15:18 PM

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Quote

Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, ...

except by the fees or when the gov block you from accessing bank stuff, like happened in Greece and other countries in different times

you know how expensive a bitcoin TX is without the subsidized Blockreward would be?
The ~50$ a current transaction costs makes the traditional system look cheap as fuck...

Somebody has to pay all the THs of mining power burning all the electricity 24/7...

Quote from: ?? on ??

Quote from: Gyrsur on July 31, 2015, 02:44:35 AM

Quote from: ?? on ??

Well, if community would want the price to go up no market maker would be strong enough to push the price down... Everyone (existing bitcoiners) should simply buy one more bitcoin and hold it for a month or two.

my opinion is that the demand is too low for a strong upward trend at the moment. but the situation maybe change after the halfing next year.

I think that demand is big enough... Fact is that someone with lots of coins is shitting around for a year now. Also community has changed big time and bitcoin use to grow on it.
Halving sure will bring the spike! Many are already buying coins just because of that, after all it is less than a year until halving Wink

Not really... A real demand is almost not existing. It's purely driven by speculation ...

ChartBuddy

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Gyrsur

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Bitcoin Legal Tender Countries: 2 of 206

we are testing again. crowd want to see the price go down.

Gyrsur

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Quote from: ?? on ??

Well, if community would want the price to go up no market maker would be strong enough to push the price down... Everyone (existing bitcoiners) should simply buy one more bitcoin and hold it for a month or two.

my opinion is that the demand is too low for a strong upward trend at the moment. but the situation maybe change after the halfing next year.

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