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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24677. (Read 26714004 times)

hero member
Activity: 672
Merit: 500
It will just get worse till all the buyers are gone.

I have not even started buying.


Because Bitcoin is guaranteed to survive and go up again?

Why would that be a reason to hold off buying?



So you agree it might dissapear and people just might stop buying. Great. Finally someone here is starting to get it.
hero member
Activity: 588
Merit: 500
hero member
Activity: 728
Merit: 540
hero member
Activity: 588
Merit: 500
Bitcoin is something new and can easily dissapear again unlike things like gold. That's why only a complete fucking idiot would compare Bitcoin to gold.

You do realize that you just compared Bitcoin to gold and then proceeded to call yourself a complete fucking idiot, right?


Blitz should append this to his quote.
donator
Activity: 2772
Merit: 1019
It will just get worse till all the buyers are gone.

I have not even started buying.


Because Bitcoin is guaranteed to survive and go up again?

Why would that be a reason to hold off buying?

sr. member
Activity: 270
Merit: 250
Shroomskit and I fully agree with Jorge

to fundamentally understand the bitcoin phenomenon we have to get to the very bottom of it.
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
Will Bitcoin even survive another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

You have a bad understanding that short-term BTC price is relevant to success of the cryptocurrency. It absolutely doesn't matter if the price goes to $200 or rise to $2000 in the next half a year or two years, the important thing is number of services developed around BTC, the number of startups developing new use-cases, etc. The price is just a reflection of people's expectations how useful it will be in the future, not the other way around.

Bitcoin is something new and can easily dissapear again unlike things like gold. That's why only a complete fucking idiot would compare Bitcoin to gold by the way.
Like i mentioned 10 minutes ago for some reason a lot of people have a problem understanding that Bitcoin's future is far from guaranteed.

I haven't compared it to gold, you did.
N12
donator
Activity: 1610
Merit: 1010
Bitcoin is something new and can easily dissapear again unlike things like gold. That's why only a complete fucking idiot would compare Bitcoin to gold.

You do realize that you just compared Bitcoin to gold and then proceeded to call yourself a complete fucking idiot, right?

See one post up. Guy's a complete maniac, I hope he hasn't been hurting himself over this bear market.
legendary
Activity: 2170
Merit: 1094
...
Ditto for the May/2014 bubble:  a jump from $450 to $600 was quite dramatic, but a jump from 800$ to 950$ would have been just noise.

Please stop referring to the May 2014 price rise as a "bubble". It is part of the deflation pattern of the November 2013 (mania phase of the) bubble.
IMO there are 2 reasons for the May 2014 uptrend (that I called bull trap): the PBoC stopped feeding bad news to the market, so the market lost some
downward momentum and the linear descending channel broke, which was inevitable at some point, otherwise price would have reached 0$ by now.
hero member
Activity: 588
Merit: 500
It will just get worse till all the buyers are gone.

I have not even started buying.


So you are not late to stop before ever started.
donator
Activity: 2772
Merit: 1019
Bitcoin is something new and can easily dissapear again unlike things like gold. That's why only a complete fucking idiot would compare Bitcoin to gold.

You do realize that you just compared Bitcoin to gold and then proceeded to call yourself a complete fucking idiot, right?
N12
donator
Activity: 1610
Merit: 1010
I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!
sr. member
Activity: 378
Merit: 254
...The price is just a reflection of people's expectations how useful it will be in the future...

Lowered expectations confirmed Sad
hero member
Activity: 672
Merit: 500
It will just get worse till all the buyers are gone.

I have not even started buying.


Because Bitcoin is guaranteed to survive and go up again?
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
Working for a living is so much easier than daytarding.

What about all those little barracudas that do both, just to survive? Do you really consider them retarded, from the highs of your lucky-early-adopter-loaded position?
hero member
Activity: 672
Merit: 500
Will Bitcoin even survive another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

You have a bad understanding that short-term BTC price is relevant to success of the cryptocurrency. It absolutely doesn't matter if the price goes to $200 or rise to $2000 in the next half a year or two years, the important thing is number of services developed around BTC, the number of startups developing new use-cases, etc. The price is just a reflection of people's expectations how useful it will be in the future, not the other way around.

Bitcoin is something new and can easily dissapear again unlike things like gold. That's why only a complete fucking idiot would compare Bitcoin to gold by the way.
Like i mentioned 10 minutes ago for some reason a lot of people have a problem understanding that Bitcoin's future is far from guaranteed.
donator
Activity: 2772
Merit: 1019
It will just get worse till all the buyers are gone.

I have not even started buying.
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
Will Bitcoin even survive another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

You have a bad understanding that short-term BTC price is relevant to success of the cryptocurrency. It absolutely doesn't matter if the price goes to $200 or rise to $2000 in the next half a year or two years, the important thing is number of services developed around BTC, the number of startups developing new use-cases, etc. The price is just a reflection of people's expectations how useful it will be in the future, not the other way around.
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 1400
Merit: 1013
It will just get worse till all the buyers are gone.
Bitcoin isn't immune to this shit.
"All the buyers" will never be gone.

I keep buying Bitcoins, once per month, in the form of receiving a (fiat denominated) paycheck in btc.

Every month I add to my savings a considerable fraction of what I get paid.

The evil manipulators can do exactly two things to me: they can cause me too add more Bitcoins to my savings each month, or they can increase the purchasing power of my savings.

Since I don't expect to need those savings for many years, I'd highly prefer the former over the latter, but I win either way.

Working for a living is so much easier than daytarding.
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