Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24078. (Read 26609669 times)

Some politics for the sceptics here. Many of you may, right about now, have comprehended that Greece has been the paradigm of EU politics with austerity measures that outraged the citizens and teared apart all the social structures. There has been a meeting lately about Greece being kept into the current austerity program for two more months or not. For the 1st time in Greece's 8 year of torture, the PM declared strongly that Greece should get out of the troika scheme and restore critical parts of health, social security, public sector etc.

On Dec. 4 Reuters has posted the following article: http://uk.reuters.com/article/2014/12/03/uk-greece-bailout-idUKKCN0JH0QJ20141203

The plain truth is that Greece has fought its way out and they DIDN'T ALLOW IT! As a result, the current PM called for presidential elections. The current governmental scheme is not able to elect a president (they need 180 votes - they only have 155) and thus the country will be -eventually- headed to new government elections. The left party which will probably prevail, has declared they won't be as ''flexible'' as their current government. I assure you they won't hesitate to choose the ''alternative'' road.

Today in Athens, there was a great stock market crash. The greatest since 1987! The market always predicts the facts.
Related article translated in English can be found here: https://translate.google.gr/translate?sl=el&tl=en&js=y&prev=_t&hl=el&ie=UTF-8&u=http%3A%2F%2Fwww.capital.gr%2FMarkets.asp%3Fid%3D2176586&edit-text=&search_plus_one=form

You can call me a fool, or anything you like really; but I'm very well educated, father of one and I love my country. Mark my words here:
Greece is the canary in the coalmine. EU's countries belong to a chain. If a part is broken, the chain will follow. Now I want you to remember what has happened last year before the BTC Rally. Let me refresh your memory. CYPRUS!

Keep your money to the banks. Or not. Your choice.

Cheers.

Looks like we're going down some more. $335 - $346 perhaps.

Blitz is one of the ''ancients'' here. He speaks wisely. Even if I don't fully agree with him, I'd advise you to carefully listen to him rather than trolls like LambCrap or others.

BitChick, I normally don't do this, but maybe you should have listened to the FUD spreaders rather than the hopium sellers and decreased risk exposure so that you don't keep being addicted to the Hopium.

The question should be how much BTC have you made

@Blitz - How much have you made through BTC?

I wish I knew about it in 2011.

This is the great delusion that markets bestow upon people, that a trend is invulnerable and "it all works out in the end" almost sounds like religious faith. I know that nothing I can say could possibly make you think otherwise, but still, please consider how you would react if Bitcoin slid 80% or 90% from here during the next 6 months. Even if the probability is small, are you ready for it?

Because this has happened before, and it happened in this very asset (even if you tell me that times are "different" now – well, to compensate, the price is higher to begin with!). I remember that time well. At the time, there was a long-term log support trendline, too, that was being drawn by everyone in this forum. It was violently BROKEN:



And guess what? That break ended up being the best time to buy. But few bought, for few had money to spare, and many of those who did have given up on Bitcoin. I will tell you that all along this decline, there was plenty of good news as well. I believe Bitpay was created amidst the bear market for example.

All I want to say is that eventually, all trends break. Prepare yourself for the improbable, because it is devastating to lose almost all of your wealth. Do not let your mind be compromised by Bitcoin cultists. Let this be a lesson from a former Bitcoin cultist who has made a fortune off Bitcoin by turning himself into a Bitcoin pragmaticist.

It would have been a better paradigm if the people had revolted, and kicked the monetarist government out.  Austerity measures are not meant to cure a crisis, but to profit from it, transferring an inordinate amount of wealth from the people to the bank owners.

But, of course, it is easy to demand revolution in other people's countries. 

Dude, seriously. Podyx just criticized my assessment on the market earlier when I was roughly 60 cents off. You, by contrast, were thousands of dollars off. That's worthy of repeat shaming. I mean, geez, if 60 cents gets a comment... thousands of dollars... sorry, but really?

...Obviously thoughts of an ATH by mid-summer were a little premature...

LOLOLOLOLOLOL

Where'd you dig that up from? Spend hours dredging through my post history? Get a life, noob.

Hahahahaha

I don't usually make predictions and you can see why.

Obviously thoughts of an ATH by mid-summer were a little premature, despite being the majority opinion here at the time.

Did you notice I used the words "probably" and "possibly"? Just in case English isn't your first language, the words mean that I wasn't saying we would reach the suggested prices, but rather that I was speculating that we may have been on the way to reaching them.

While most of us may have been a little ahead of ourselves at that time, don't completely discount the possibility of reaching 5 digits some time next year, possibly even by next May.

I'll give you the benefit of doubt and assume you're just a bumbling noob and not another ridiculous troll.

LOLOLOL

 

Come on guys, he only said "probably", so he's totally justified in being thousands of dollars off in his prediction  

I luv this place. So many funny people!

Some politics for the sceptics here. Many of you may, right about now, have comprehended that Greece has been the paradigm of EU politics with austerity measures that outraged the citizens and teared apart all the social structures.

LOLOLOLOLOLOL

Where'd you dig that up from? Spend hours dredging through my post history? Get a life, noob.

Hahahahaha

I don't usually make predictions and you can see why.

Obviously thoughts of an ATH by mid-summer were a little premature, despite being the majority opinion here at the time.

Did you notice I used the words "probably" and "possibly"? Just in case English isn't your first language, the words mean that I wasn't saying we would reach the suggested prices, but rather that I was speculating that we may have been on the way to reaching them.

While most of us may have been a little ahead of ourselves at that time, don't completely discount the possibility of reaching 5 digits some time next year, possibly even by next May.

I'll give you the benefit of doubt and assume you're just a bumbling noob and not another ridiculous troll.

LOLOLOL

 

i'm not trading so the little swings don't effect me so much.  Just looking at the 2 hour MACD, I presume it will cause a spike.  whether it's upto 2200 so soon i'm not sure, but 2200 is a dead cert over 2100 imho.

Link to a good explanation of this?