Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22962. (Read 26709924 times)
February 10, 2015, 03:57:05 PM
February 10, 2015, 03:54:24 PM
I cautiously believe long-term in the future of Bitcoin but I recognize the ups and down of the price of bitcoins. I also acknowledge the possibility of some kind of failure of Bitcoin, as improbable as that may be.
At the height of the bubble you were talking about "when bitcoin hits 100k" like it was a foregone conclusion. Now you want to tell me you're cautious and "recognize the ups and downs."
I don't see why you feel there's an inconsistency here.
I still feel that if (probably) and when the global adoption curve of Bitcoin goes vertical, $100k per bitcoin is perfectly feasible. That doesn't change the monthly or yearly ups and downs.
Two clear inconsistencies:
For one, the clauses you include now (the acknowledgement of potential failure, the ups and downs) were never brought up during the bull market. This might be as bearish as you get (time will tell if we ever fall below your comfort zone for bitcoin price), but it does showcase a curbing of your enthusiasm.
For another, there was no "if" in your posts at all during the bull market, as there (often) are now. All predictions of 100k from you were strictly "when."
February 10, 2015, 03:49:03 PM
Back in the early days, some of the smartest people in the world have been hanging around here. They were posting tech stuff, chatting about the fiat economy and politics, even trying to predict if a specific pattern was responsible for the USD/BTC price. But then; MtGox arrived. Then the trolls followed. And my ignore list must now contain more than 50 persons. 
And yet this still seems to be the best thread in this whole forum.
Recall that, many months ago, about half of the postings on bitcointalk.org were about altcoins. I am too lazy now to redo that statistic, but, by eyeball, the altcoins still seem to take a large fraction.
February 10, 2015, 03:42:35 PM
I cautiously believe long-term in the future of Bitcoin but I recognize the ups and down of the price of bitcoins. I also acknowledge the possibility of some kind of failure of Bitcoin, as improbable as that may be.
At the height of the bubble you were talking about "when bitcoin hits 100k" like it was a foregone conclusion. Now you want to tell me you're cautious and "recognize the ups and downs."
I don't see why you feel there's an inconsistency here.
I still feel that if (probably) and when the global adoption curve of Bitcoin goes vertical, $100k per bitcoin is perfectly feasible. That doesn't change the monthly or yearly ups and downs.
February 10, 2015, 03:31:52 PM
Hello, I am here from the future to tell you about the stabilization of the Bitcoin price.
And at what price is that, man from the future ?
February 10, 2015, 03:27:41 PM
If it makes you feel better to mince my words as justification to invalidate everything I've said, I don't mind. I will say that I think my meaning was pretty clear, and I already put enough effort into my longer posts. I'm not going to bother spending even more time just to make sure I perfectly choose my words to make it absolutely impossible for someone to dance around them rather than address them when they respond.
Yeah, I know. I was just being a smartass. Then I felt bad and deleted it, but not before you caught it!
February 10, 2015, 03:25:54 PM
sub $200 would've been nice
We already had that not too long ago, and for a long time way back when too.
February 10, 2015, 03:25:44 PM
...when those final bulls turn bear.
Aint gonna happen.
You can only speak for yourself.
And vice versa.
I may enjoy laughing at all the self-serious bears but I don't consider myself a permabull.
I cautiously believe long-term in the future of Bitcoin but I recognize the ups and down of the price of bitcoins. I also acknowledge the possibility of some kind of failure of Bitcoin, as improbable as that may be.
At the height of the bubble you were talking about "when bitcoin hits 100k" like it was a foregone conclusion. Now you want to tell me you're cautious and "recognize the ups and downs."
Well, I guess I did say bullshitting is okay.
If he can only speak for himself, and he's a bull, then your argument is invalid.
If it makes you feel better to mince my words as justification to invalidate everything I've said, I don't mind. I will say that I think my meaning was pretty clear, and I already put enough effort into my longer posts. I'm not going to bother spending even more time just to make sure I perfectly choose my words to make it absolutely impossible for someone to dance around them rather than address them when they respond.
February 10, 2015, 03:25:16 PM
...
Some of course are just kids who want to try to appear cool by going along with the crowd.
Some of course are just kids who want to try to appear cool by going along with the crowd.
And some are diapered, elderly, and in denial.
Thanks for the bolo tie, grampa.
February 10, 2015, 03:25:00 PM
sub $200 would've been nice
February 10, 2015, 03:21:27 PM
Is it just me, or is there really little buying pressure going on at the moment? Rather boring this island of relative stability we're seeing here. But at some point the whale boys will get bored and start dumping again probably.
The sideways is normal and predictable.it really is that simple:
Price can't go lower for now because it has to be forced to exit the current pennant. Breaking down now would be premature there is no momentum for that. Next move (prolly a big dump) in about 4-5 days.
Maybe one week but that's a lot. The sideways is only temporary.
February 10, 2015, 03:19:06 PM
You guys watching finex? Someone does not want it over $220. Insta 3k BTC sell wall, LOL
i think 'the great legendary trade sideways of 2015 and 2016' has commenced ('chinese panic' and 'dream pump' canceled) . bitcoin staying range bound until jan 2017 or until the economic crisis hits whichever comes first .
Agreed. We should speculate on why for fun. One guess could be to reset the long term indicators, perhaps an attempt to put a stop to the downward's spiral.
crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis!
February 10, 2015, 03:17:30 PM
I'm not so sure all the bulls in this forum are on the same page though.
Likewise the bears.
Some may be current-market daytrader bears talking their book, while still holding large paper wallets for a bullish long term.
Others appear to have an anti-Bitcoin agenda, either because of trying to save face or because their business is threatened.
Some of course are just kids who want to try to appear cool by going along with the crowd.
February 10, 2015, 03:15:27 PM
Is it just me, or is there really little buying pressure going on at the moment? Rather boring this island of relative stability we're seeing here. But at some point the whale boys will get bored and start dumping again probably.
February 10, 2015, 03:12:17 PM
You guys watching finex? Someone does not want it over $220. Insta 3k BTC sell wall, LOL
i think 'the great legendary trade sideways of 2015 and 2016' has commenced ('chinese panic' and 'dream pump' canceled) . bitcoin staying range bound until jan 2017 or until the economic crisis hits whichever comes first .
Agreed. We should speculate on why for fun. One guess could be to reset the long term indicators, perhaps an attempt to put a stop to the downward's spiral.
February 10, 2015, 03:02:06 PM
February 10, 2015, 03:00:55 PM
...when those final bulls turn bear.
Aint gonna happen.
You can only speak for yourself.
And vice versa.
I may enjoy laughing at all the self-serious bears but I don't consider myself a permabull.
I cautiously believe long-term in the future of Bitcoin but I recognize the ups and down of the price of bitcoins. I also acknowledge the possibility of some kind of failure of Bitcoin, as improbable as that may be.
If you really wanna be a bull: invest what you are perfectly comfortable losing in case it fails, enjoy it if it succeeds, be safe in case it doesn't.
I'm not so sure all the bulls in this forum are on the same page though.
Some of them are seriously overinvested.
February 10, 2015, 02:59:56 PM
February 10, 2015, 02:59:53 PM
...when those final bulls turn bear.
Aint gonna happen.
You can only speak for yourself.
Don't contradict the elderly.
Not when he's all hopped up on erectile disfunction pills. You might set him off--no one wants to see that happen.
February 10, 2015, 02:57:53 PM
...when those final bulls turn bear.
Aint gonna happen.
You can only speak for yourself.
And vice versa.
I may enjoy laughing at all the self-serious bears but I don't consider myself a permabull.
I cautiously believe long-term in the future of Bitcoin but I recognize the ups and down of the price of bitcoins. I also acknowledge the possibility of some kind of failure of Bitcoin, as improbable as that may be.
Jump to: