Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22007.

bitgeek

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Activity: 462

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Quote from: luckygenough56 on April 14, 2015, 10:12:32 AM

hello bulls sirs i wish you a wonderfull day

Cheap coins ! Buy them all before they become cheaper !

That's what I'm doing right now. If I get lucky we'll touch $200 and I'll have enough to feel comfy at the next pump

ssmc2

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Activity: 2002

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Quote from: ?? on ??

Quote from: gbianchi on April 14, 2015, 09:45:14 AM

Quote from: WeltMaster on April 14, 2015, 09:37:47 AM

I just don't understand how bitcoin can't be more than $3 billion marketcap

How can we be this bearish so far after 2013?

There has been nothing but good news since

fractional-reserve inflation at work:

https://bitcointalksearch.org/topic/dataexchanges-their-way-of-using-a-fractional-reserve-and-generate-inflation-945881

So instead of considering the obvious and clearly visible inbalance between demand and supply to explain bitcoin's 1 year long crash we use conspiracy theories now?

Quote from: gbianchi on February 04, 2015, 01:36:17 PM

DO NOT HOLD YOUR BTC ON THIRD PARTY EXCHANGES – BE YOUR OWN BANK

If nobody uses online exchanges and puts asks there BTC doesn't have a price useless.

Good luck with price discovery through localbitcoins or whatnot.

Actually the less coins on the exchanges means less available supply and well, you know,- supply and demand.

adamstgBit

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Trusted Bitcoiner

wtv i'm getting a BJ tonight.

luckygenough56

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hello bulls sirs i wish you a wonderfull day

Cheap coins ! Buy them all before they become cheaper !

gkv9

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Activity: 1246

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!!! RiSe aBovE ThE StoRm !!!

Quote from: gbianchi on April 14, 2015, 09:45:14 AM

Quote from: WeltMaster on April 14, 2015, 09:37:47 AM

I just don't understand how bitcoin can't be more than $3 billion marketcap

How can we be this bearish so far after 2013?

There has been nothing but good news since

fractional-reserve inflation at work:

https://bitcointalksearch.org/topic/dataexchanges-their-way-of-using-a-fractional-reserve-and-generate-inflation-945881

Very much informing... Thanks for sharing the thread, made me understood what was lacking in our mind...

serpicodk

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One thing that I miss on this board, no one says OMG cheap coins! Grin

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

LFC_Bitcoin

legendary

Activity: 3556

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#1 VIP Crypto Casino

I've got a decent stash of BTC.
If we plummet to the floor I'm going to cut my looses & spend it all on the dark web on narcotics.
Kamikaze bitcoin end.

WeltMaster

sr. member

Activity: 437

Merit: 250

Let's all just go to the Winchester, have a pint, and wait for this to blow over.

adamstgBit

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Quote from: WeltMaster on April 14, 2015, 09:37:47 AM

I just don't understand how bitcoin can't be more than $3 billion marketcap

How can we be this bearish so far after 2013?

There has been nothing but good news since

china ban, russia ban, mtgox implosion, 51% mining pool, stamps hot wallet hacked, sites going POOF with all the users deposits, virtex calling it quits...

theres been plenty of bad news, for outsiders looking in, shit is hitting the fan over here in bitcoin land.

gbianchi

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Activity: 3276

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Quote from: WeltMaster on April 14, 2015, 09:37:47 AM

I just don't understand how bitcoin can't be more than $3 billion marketcap

How can we be this bearish so far after 2013?

There has been nothing but good news since

fractional-reserve inflation at work:

https://bitcointalksearch.org/topic/dataexchanges-their-way-of-using-a-fractional-reserve-and-generate-inflation-945881

AlexGR

legendary

Activity: 1708

Merit: 1049

There is also a bright side: Annual inflation, at these rates, will require just <300mn USD per year. If price was ~1000 USD or 10000 USD right now, it would take 1.3bn - 13bn just to keep price level.

Ideally you want coin distribution to be done as cheaply as possible, in order to not drain investment capital and then you proceed with the "pump" when inflation is not an issue or a lesser issue.

If you pump while coin distribution is still in place, and it's proceeding at a fast rate, then you need too much money to sustain the price.

We'll see what the price does a few months after the next halving...

WeltMaster

sr. member

Activity: 437

Merit: 250

I just don't understand how bitcoin can't be more than $3 billion marketcap

How can we be this bearish so far after 2013?

There has been nothing but good news since

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: LFC_Bitcoin on April 14, 2015, 09:30:41 AM

What are the bears going to do when they've destroyed bitcoin?

Something can't be profitable when you've killed it.

Its not about destroying bitcoin. Its about shaking out the ones who think bitcoin owes them a living. Grin

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: gkv9 on April 14, 2015, 09:23:12 AM

Quote from: Bitcoin Buyer Reload on April 14, 2015, 09:18:00 AM

as per what people used to write on the forum few weeks ago, to wait for the 14th of april, i was wishing the price would rise. but apparently its going on the reverse side. its not going to rise soon, and since 2016 is going to be another halving, i think we might be in for a good duration of low price for bitcoins.

True, so we should take it as an opportunity and be happy instead of crying about the price being low if you haven't bought any at higher prices I guess... Tongue

Best comment so far. Bitcoin is finding its realistic price. Once that's established, it can grow organically as it becomes used more widely.

Once the mad speculators are squeezed out, it might start making some sustainable growth. But at what price that bloodletting ends we cant be sure. I'm thinking $170

Wandererfromthenorth

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Quote from: adamstgBit on April 14, 2015, 09:28:23 AM

220 was predicted to be the point of no return for a long squeeze, here we are, longs are down a bit but no squeeze, but there doesn't seem to be much buying pressure, sure theres a fair amount of buying, but no one is willing to buy it UP, and why should they.. its not like price is gana pop over 300 and never look back anytime soon...

what goes down keeps going down... FOREVER!

It's normal, don't worry Grin

Quote from: Wandererfromthenorth on April 13, 2015, 01:45:59 PM

Quote from: Xiaoxiao on April 13, 2015, 01:10:55 PM

It's happening. Longs are going to get margin called. @ 224 right now!

The funny thing is that the majority of longs will not close anytime soon. They will close only if when it goes in the 100s or double digits. Like it happened on the downtrend before the $150 crash, the real long squeeze happened relatively near the bottom.

It's like a lot of longers don't close as price goes down and stay severly underwater for a long time until they are margin called completely. Don't know what they are thinking tbh

Ergo: real fireworks will start in a few weeks in the 100s.

tarmi

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Quote from: damiano on April 14, 2015, 09:26:41 AM

Quote from: tarmi on April 14, 2015, 09:24:55 AM

Quote from: damiano on April 14, 2015, 09:23:14 AM

220 resistance is strong, or the whe is just playing

dont be fooled, again.

Just observing.

Quote from: dakota neat on April 13, 2015, 01:43:18 PM

leveraged long at 225. another dump unlikely.

the road to rock bottom is a painful one.

8up

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Activity: 618

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Quote from: adamstgBit on April 14, 2015, 09:28:23 AM

what goes down keeps going down... FOREVER!

^The Truth

LFC_Bitcoin

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#1 VIP Crypto Casino

What are the bears going to do when they've destroyed bitcoin?

Something can't be profitable when you've killed it.

adamstgBit

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Activity: 1904

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Trusted Bitcoiner

220 was predicted to be the point of no return for a long squeeze, here we are, longs are down a bit but no squeeze, but there doesn't seem to be much buying pressure, sure theres a fair amount of buying, but no one is willing to buy it UP, and why should they.. its not like price is gana pop over 300 and never look back anytime soon...

what goes down keeps going down... FOREVER!

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