Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25593. (Read 26609850 times)

I treat an inability to prune is an invitation to ignore. It also has the happy side-effect of catching posters I've already ignored, but that people still insist on quoting-as-they-quote-other-quoters-quoting.

Ok JJG. I'm listening. I'm here to help you. Please tell me more about it


 

Explanation

Even though it is a cute picture, ultimately, you are being Childish... 


 Can you move on, and accept?   

right you are, seems I was observing it incorrectly at stamp but still a lot of the other exchanges have dipped below 400. I would really just prefer the bottom to go ahead and solidify itself already lol.

I wish i could fit this in my signature

SR2 was never hacked, but that's beside the point.

Agora has never been hacked, nor evolution, and now evolution is multisig there is no point in hacking it.

Evolution is the fastest market these days. DrClu from SR2 is always DDOSing agora so it can be a bit slow.

Bitcoin talk wisdom...


This thing is gonna take off majorly, otherwise its going down hard, with a strong possibility we will see some sideways action

I thought that we were using bitstamp as our price reference point?  , and bitstamp has NOT gone below $400 for more than 2.5 days ago.. touched $400 twice during that period, so far.

Surely there are BTC related businesses on the margins and there are people that live pay check to pay check, but overall any business dealing with BTC will have to factor in BTC volatility, and if they were overly bullish in their anticipations about BTC and/or living too much on the edge or taking too many risks with BTC prices, then maybe their business will have to fail.  

A lot of businesses are likely to fail in bitcoin (just like any other new technology or new field) because new developing businesses take a lot of risks and frequently make the wrong predictions and/or take the wrong precautionary measures.. and sometimes that is part of the gamble with any new business that has a very high potential upside that you gotta be able to ride through the dips.... and to be prepared for such... which is easier said than done.  Even very successful people get these kinds of calculations wrong.

NOW, whether this BTC baby is going to $375 or $350 or $300 that is another story.  I recognize that you and Mmitech are probably talking your books as if the BTC downtrend is inevitable - but each of us should understand by now that anything is possible in BTC-landia.  I can see dipping below $400 and even potentially BTC prices going down into the $350s, but I have a hard time seeing lower than $350 prices... without a considerable amount of volume and maybe even surprise that there are that many coins for sale or that many who are willing to allow BTC prices to fall.

Certainly, my vision does NOT mean that a downfall below $350 will NOT happen - because certainly, in June-ish, I was of the belief with a considerable amount of confidence that BTC prices were on their way up when prices were in the upper $500s and into the $600s - but that upward rocket did NOT pan out.  Maybe even you jumped on board at that time, and then you jumped off and then you jumped on and now you appear to be off again.. good luck with those flip flops .


Some venders do NOT mind taking their chances to hold BTC.. especially if they are bullish in the long-term... Surely it depends upon their need to convert to cash in order to pay bills, which can be a real world concern.  I would imagine that the various venders on SR take steps to protect themselves from some of the volatility (but you are correct that some venders may be hurt by such BTC volatility, from time to time).  

How many bounces off of 395 edit 390ish can we have ?

I don't mind communicating by PM, either... ... It's NOT like I am trying to trick anyone or to be disingenuous regarding my posts... but sometimes, if there are public insinuations, that may cause for a need for a longer explanation of the context.

Will check out Agora next time, was always too lazy so far, but that sounds pretty good. Thanks for the recommendation
I really missed the escrow option from SR 1.0 or early SR 2.0. Otherwise, it was removed for safety reasons which is understandable after so many marketplaces got hacked.

SR is a joke.

I bought off Agora today and my coins were deposited within 30 mins, I overpaid in case of any fluctuations, bought the item, withdrew the balance (broadcast within 30 seconds) and I have full escrow protection if anything goes wrong.

Or ya know, use SR, wait 2 days for my payment to be credited if at all, then have no escrow protection either.

A lot of them will probably end with a hammer smashed face if they are trying to tell their wholesaler that they can´t pay him because BTC crashed. Of course only if the wholesaler is NOT a Bitcoin believer....

Nevermind. It's not worth the trouble.

A Bull watching two bears having a chat  (one bear used to be a bull a while back and the other bear used to be a bear, then a bull, then a bear, then a bull and now a bear again):     

Some venders do NOT mind taking the chance to hold BTC.. especially if they are bullish in the long-term... Surely it depends upon their need to convert to cash in order to pay bills, which can be a real world concern.  I would imagine that the various venders on SR take steps to protect themselves from some of the volatility (but you are correct that some may be hurt by such volatility, from time to time).

It was a pretty profitable short term trade at least, got out with 7% extra USD in less than a day , so í was okay with it.