BTC is only 50x my entry price (about 3 years ago). Like now, that was a major bottom. Should I buy more? Thoughts?
Risto asking Wall Observer for advice !?!?
we must've hit the bottom Neah , the treatment and the pills finally show some results
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23504. (Read 26713133 times)
January 14, 2015, 06:47:43 PM
Risto asking Wall Observer for advice !?!?
we must've hit the bottom Neah , the treatment and the pills finally show some results
January 14, 2015, 06:46:40 PM
I'm done for.....
Me too, got wiped out on a leveraged trade already.
I'm out. for good
out for good? Why? you lost everything or what?
January 14, 2015, 06:46:30 PM
I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.
i still remember those days... and mining with ATI Cards 2 BTC / Day !!!!
January 14, 2015, 06:46:22 PM
I'm done for.....
Me too, got wiped out on a leveraged trade already.
I'm out. for good
Fuck, there's only bears left then.
Nothing better than seeing traders losing all their money. Buh byeee!
January 14, 2015, 06:45:45 PM
BTC is only 50x my entry price (about 3 years ago). Like now, that was a major bottom. Should I buy more? Thoughts?
Risto asking Wall Observer for advice !?!?
we must've hit the bottom January 14, 2015, 06:45:00 PM
I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.
January 14, 2015, 06:44:47 PM
what the fucking shit is going on!
Traders taking us down to 0. How many times do you need this explained before you get it? This has been going on since 1200. No idea why you are being so surprised.
January 14, 2015, 06:44:41 PM
Indeed
I concur
January 14, 2015, 06:44:23 PM
And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
January 14, 2015, 06:44:08 PM
what the fucking shit is going on!
Nothing new, traders shorting the hell out of Bitcoin till we go to zero. ¡All praise the unregulated markets!
If we go below $100 i'll be buying again
I doubt we will go to zero. More and more traders are getting wiped out.
I'm done for.....
Me too, got wiped out on a leveraged trade already.
I'm out. for good
January 14, 2015, 06:42:11 PM
In Economics 101, we learn that MV=PQ meaning the money supply times the velocity equals the price of goods times the quantity. Supply is increasing at a decelerating rate, velocity is increasing, The quantity of goods is increasing geometrically, so a fundamental analysis would indicate that prices of goods in BTC terms should also be increasing, which is what we see. Everything is going up, but not at the same rate.
Even if there was no new coins coming to market, an increased velocity (BTC changing hands) effectively produces the same result. We have become victims of our own success. The more bitcoins are actually used, the greater the effective money supply. The best way to turn this around is by dramatically increasing the things that can be purchased with bitcoin (Q) without the need to convert to fiat before or afterward.
To do that we need to decrease the volatility, regardless of the price. We need a financial instrument similar to the VIX so that long term holders can concurrently profit from stability as well as rising prices. Otherwise we have to trade constantly to reduce volatility. Only then would it even be possible to have BTC be a reliable store of value and it would take BIG MONEY to make it happen.
Even if there was no new coins coming to market, an increased velocity (BTC changing hands) effectively produces the same result. We have become victims of our own success. The more bitcoins are actually used, the greater the effective money supply. The best way to turn this around is by dramatically increasing the things that can be purchased with bitcoin (Q) without the need to convert to fiat before or afterward.
To do that we need to decrease the volatility, regardless of the price. We need a financial instrument similar to the VIX so that long term holders can concurrently profit from stability as well as rising prices. Otherwise we have to trade constantly to reduce volatility. Only then would it even be possible to have BTC be a reliable store of value and it would take BIG MONEY to make it happen.
January 14, 2015, 06:41:28 PM
Please your attention here:
this is for all of you that you write it's the end of bitcoin etc...
if you believe what you write then there is no better way to send me some of your useless bitcoins here:
1G422bCCrZeu8ykqLZsKjCu7XHj1anxChA
Prove how much you believe what you write here!!!
this is for all of you that you write it's the end of bitcoin etc...
if you believe what you write then there is no better way to send me some of your useless bitcoins here:
1G422bCCrZeu8ykqLZsKjCu7XHj1anxChA
Prove how much you believe what you write here!!!
HOW ABOUT YOU PAY ME 1000$ FOR EACH BITCOIN
SINCE YOU THINK THAT IS CLOSER TO ITS REAL VALUE.
did i mention a price?? please stop trolling and make this a better place for all of us !
January 14, 2015, 06:39:40 PM
what the fucking shit is going on!
Lol, how long have you been away? Welcome back!
January 14, 2015, 06:39:08 PM
BTC is only 50x my entry price (about 3 years ago). Like now, that was a major bottom. Should I buy more? Thoughts?
Sure buy more but wait a bit. Remember as you well know, it can go below $100 quite easily.
I suspect it's going to continue going down hard for a while yet.
January 14, 2015, 06:38:40 PM
Indeed
Panicking traders
January 14, 2015, 06:38:20 PM
133 Auroracoin Auroracoin AUR $ 26,224 $ 0.011651 2,250,890 ** $ 411 -3.30 % -22.49 % -44.36 %
You guys remembering this shit?
January 14, 2015, 06:37:28 PM
Indeed
January 14, 2015, 06:36:32 PM
I must admit, it's kinda fun seeing people actually buying bitcoins again.
The 15m volume on finex is glorious.
It's probably fake
Doubt it. Something must have kept the boat afloat.
January 14, 2015, 06:36:13 PM
January 14, 2015, 06:35:59 PM
I must admit, it's kinda fun seeing people actually buying bitcoins again.
The 15m volume on finex is glorious.
It's probably fake
That's becoming the goto answer these days, isn't it?
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