Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25759. (Read 26630696 times)

sr. member
Activity: 704
Merit: 270
TL;DR thread:

Down down down we go, miners gotta sell for dat FIAT

More cheap coins for me then

They been sayin that the whole way down

Im just a simple HODLer

Bitcoin is a terrible store of value idiot





legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
if your average cost of a BTC is less than 400 and if you are too invested and have troubles sleeping at night because of this trend, or if you are afraid and not sure about your strategy, now is your chance to reduce your position better than later at a loss (if the price fall further). 

at the end of the last year and beginning of this year, I said it was a good idea to sell some coins (people who bought around $100-200) and take the profits while you can, and now I am telling you that you can still take some profits.... I am afraid that there is a possibility that many of you will regret not doing so later.

Ah, mmitech. I guess you must be feeling pretty stupid right now, having sold half your stash a couple of months back when a certain person made it clear this was a really bad idea as the only way was up. But no, you wouldn't listen...

[sarcasm] yes, I feel sorry for selling at $6xx  Embarrassed , I beat my self everyday because of it, I could be making a ton of money if I didn't sell and listened to the bunch of perma-trollsbulls that hang around here. [/sarcasm]

Where are JJG and Trolfi? I haven't dropped by here for a while, and it seems so much more peaceful without them. I almost feel like staying.

Oh YES!!!!   you should stay, and that way mmitech has someone who is ready, willing and able to kiss his butt.  That would surely be helpful to our analyses and speculations regarding BTC prices.

your analyses ? BTW where I can read your analyses ?  I didn't come across any analyse or sane post of your yet, all I see is butt-hurt posts and attacking most posters when you disagree, and it just struck me that the guy who cant solve a simple mathematical issues knows how to analyse things !!!

YES... It looks like you want to give me an assignment to attempt to prove to you that I have contributed to the forum with my analysis. 

Why would I spend time in such silly endeavors?  I have a lot of posts that provide a considerable amount of information, surely NOT all of my posts are serious, but I have provided quite a few substantive and materially contributory posts.

There is probably little to NO basis for you to arrive at any conclusion regarding my allegedly being "butt hurt."  I have NO real reason to be "butt hurt," whatever the fuck that means. Maybe you could describe, a little better, what you mean by that accusation?

Regarding my supposedly attacking posters, I am NOT sure how you come to that conclusion, either?  I have spent quite a few posts responding to your various silliness - and if you call that attacking, then so be it, but it is NOT so common for me to supposedly "attack" other posters, besides you, because a large majority of the posters, even trolls, seem to make more sense than you, and they do NOT tend to have a pattern of behavior, like you, of such extensive self-aggrandizing.

I will admit that I have seen a few decent posts from you, but those tend to be pretty rare.. maybe a little more common than a snowball in hell, but NOT much.   Cheesy Cheesy
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i'm going to get some beer, i'll be back.
hero member
Activity: 910
Merit: 1003
Second: my Euro denominated bank account hasn't lost more than 50% of its purchasing power in the last half year, as far as I can tell. So, in the short to mid term then, the Euro was a vastly better store of value than Bitcoin. Care to argue with those facts?
No, was thinking of the Argentinian peso and the bolivar.

The Bolivar maybe, but the Argentinean Peso lost "only" 32% of its value over the last 12 months, 22% since Jan/01.
copper member
Activity: 2898
Merit: 1465
Clueless!
anything the requires peoples selflessness, to succeed ( if we all hold it will go up ) is doomed to fail. bitcoin will drive that point home. prepare yourselves for new bottom guys. technicals have been broken


Bitcoin is DOOOOOOMMMMMEED!!!!!!!


CUT YOUR LOOSE!!!!!!!!!!!!

naw drank the kool aid ....going down for the count.. I still see a world wide use for bitcoin..it will climb back to some level as long as it offers legitimate use outside of banks and cc and finance checks etc esp overseas...( I know some very happy ukrainans who got their $$$ out of the country due to BTC etc ...

but prob if  btc does tank big it will take quite a bit to get it back up in price with all the press/media fud to sell advertising etc

so ...delusion another way to get bitcoin

hero member
Activity: 686
Merit: 500
What would be dead is the inflated expectations of a few overzealous people. That's all.

So it's greedy if a bitcoiner buys a bitcoin sometime, ANYTIME in 2014, and expects it to more or less retain it's value? Should no one have bought any bitcoins AT ALL in 2014 and held them?

Honestly answer the question.  2014 is nearly over, it's been 10 months.
Maybe not greedy but naive? Bitcoin went up x100 in 2013. Do you expect this to just maintain its value without major corrections?

If you want to retain value short to mid term at least, then Bitcoin is not the asset to do that. Bitcoin is an asset to look for high growth, and with that growth comes the cost of RISK.

Sticky please. First post everyone should read who enters this forum.

This is what frustrates me about the constant touting of bitcoin as a "store of value." Ask anyone who bought in during 2014 how that's working out for them.

Now go ask the same question to those who bought in 2012/2013 and come back in a few years.

Is that what a "store of value" is? Buy today, lose more than 1/2 the value in several months, and then hope we have a bubble that goes 10x my initial buy-in a few years later? Is that a "store of value"?

scarsbergholden:  You seem to be exaggerating a little bit and playing ignorant.  I believe that store of value merely means that by the time you cash out, the asset is worth at least the same and potentially more than it was worth when you purchased it.   Surely, with storage of value, you would probably like it to hold at least the value of relatively stable storage of value mechanisms... maybe expecting some appreciation of value between 3 to 5% per year. Of course, if it gains greater value than otherwise stable value storage vehicles, then that would be icing on the cake.

Then we disagree on the definition of a store of value. While Wikipedia is shite, I think it has this sentence right -- "The point of any store of value is intrinsic risk management due to an inherent stable demand for the underlying asset."

To act as if bitcoin can serve this role would be to play ignorant. Bitcoin is in its infancy. I'm not denying the potential, but I don't think we have the price history and historic demand to feel confident as a store of value at all.

Using stores of value is a way to manage your risk. Buying bitcoin is, on the other hand, a very risky investment. That doesn't mean we can't go to the moon. But the point still stands.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 854
Merit: 1000
jr. member
Activity: 58
Merit: 10
US$395 and lift-off

Still stands. Wow this thread is doing 100 pages per week.

Almost there, we gonna reach it? I would have bought here.

Touched $395 on btc-e woohoo!  Cheesy  Cheesy  Cheesy
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Graphically:



I'm way too geeky. My first thought was that that QR code is invalid.
legendary
Activity: 854
Merit: 1000
sr. member
Activity: 434
Merit: 250
Well, I'm seeing more potential to the upside today than last week.  Grin
sr. member
Activity: 704
Merit: 270
This dead cat is bouncy
legendary
Activity: 854
Merit: 1000
The ignore button is brilliant!!!!!!!!!!!!  Cool
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sr. member
Activity: 378
Merit: 254
Can we go below zero? Will miners be forced to throw their equipment out the windows? Stay tuned for "As the stomach turns!"

I am sure mario d will offer you to deposit them with him for a negative interest.


It is possible to go below zero, take a look at Havelock charts:



copper member
Activity: 2898
Merit: 1465
Clueless!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
this why we be dropping?

fucking good news fucking good drop!
Jump to: