Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25685. (Read 26608384 times)

If you look to each "crash and rebound" prior to November's massive bubble, you will see what mooncake is talking about. I'm going to steal a quote from adamsgt by saying "digital money is happening, and it's happening here" anyone that doesn't have at least some investment in it clearly cannot see the future possibilities of how this will change money forever.

Well, hopefully you will come to realize that BTC is a decent investment before it is too late and  you will be chasing the train b/c you seem to be holding back from investing in BTC  because you seem to believe that the last 9 months are reflective or indicative of what is going to continue to happen with BTC prices in the next 9 months... ..

Anyhow if you do NOT get on board the BTC train, then that remains your choice.. and good luck to you... and hopefully you will have NO regrets with your currently pessimistic state regarding BTC   

I honestly don't understand how you can say this...if it were true, then BTC would be at an ATH wouldn't it?

The truth as I see it, is that since the beginning of the year BTC has had a couple of dips and strong rebounds, however the price doesn't get higher on every rebound which has lead to a steady decline all year.

Don't get me wrong, I'm not a troll looking to spew FUD around, I have some BTC myself, I just don't get it when people don't appear to acknowledge the decline.

Nice. Come on.. push.. 

I honestly don't understand how you can say this...if it were true, then BTC would be at an ATH wouldn't it?

The truth as I see it, is that since the beginning of the year BTC has had a couple of dips and strong rebounds, however the price doesn't get higher on every rebound which has lead to a steady decline all year.

Don't get me wrong, I'm not a troll looking to spew FUD around, I have some BTC myself, I just don't get it when people don't appear to acknowledge the decline.

I'm in for the long haul for sure (see story below)

When I say my avg buy-in price, that is disregarding all the BTC I have mined, and that I have gained (and lost) through dabbling in some alts (made some nice profits out of DRK and others but only hold BTC and XMR at the moment).

BTC would need to go much lower before I start to make a paper loss - if it DOES go much lower though I'm not sure I will invest any more money into crypto - but I will hold all the same. Probably.  




So... Wanna hear a story seeing as everyone else is tucked away in bed?

Too bad here it comes...


I actually got into Bitcoin way back when it was easy to mine with CPU, managed to mine myself a nice little haul of BTC. Low triple figures - but a nice haul at today's rate (even still). Was working in IT support for a large engineering firm and had a lot of spare PCs lying around and lots of spare desks and power points, and a boss that didn't know his arse from his elbow, so I told him I was building/testing a new SOE (lulz)

Then it spiked to ~ $20+ and I got hooked big time, transferred fiat to Gox (before they needed your dox) - bought some at $28 (I think), bought another PC - then it crashed. and stagnated for what seemed like a very long time... I eventually lost faith sold all of them at around $7 each, and bought a snowboard and bindings with the profits and had some spare money for beers etc. Happy days.

Then it spiked again and I could have paid for my whole holiday. Shit...    Time to start mining again.

Then it spiked again to over 1K and I could have paid for everyone's trip.... Facepalm....   Time to get serious mining/trading alts etc.


So anyway - I'm determined not to lose the faith this time, even if I end up with egg on my face at the end of the day.

Is anyone watching the bids piling up at Houbi slowly?

BTC please feel free to stay at this price for another month or so, then a several order of magnitude rise would be nice. Thank you.