Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25771. (Read 26657010 times)

legendary
Activity: 1680
Merit: 1045
I actualy like this massive dump.

It brings some fresh sperm in this raped market.

Poetry.
legendary
Activity: 2044
Merit: 1005
Waitign for noobs to come say.. what happened, wats the news why down? Thats when I buy.

This happened so many times since 1200. So how much did you buy?

Only 100
full member
Activity: 182
Merit: 100
A 1k dump at 417. 

Really, that is all you need to know about the market for the last few months.

+1

Why did you sell your coins? Some people dumped so I thought it's the end of bitcoin and dumped too.
Why did you buy more? I saw some people buying, so I thought a pump is on the way.

It was 1 seller, across 4 consecutive orders.  Too fast to be multiple sellers.
legendary
Activity: 1176
Merit: 1000
A 1k dump at 417.  

Really, that is all you need to know about the market for the last few months.

Yes sophisticated traders often dump 400,000 dollars worth of coins in an instant to obtain best price. Ha.

EDIT: Oh and can the mods please silence that little shit sevvero please..
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Last dump was a desperate shorter. BFX shorts went up by about 1k looks like someone a bit too late to a party, calling a bottom
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
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.
hero member
Activity: 658
Merit: 500
Small Red and Bad
A 1k dump at 417. 

Really, that is all you need to know about the market for the last few months.

+1

Why did you sell your coins? Some people dumped so I thought it's the end of bitcoin and dumped too.
Why did you buy more? I saw some people buying, so I thought a pump is on the way.

legendary
Activity: 1512
Merit: 1005
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO, it's a store of value being built. Do you actually believe that because some monopoly money went into bitcoin the last few years, it's already a store of value? NO, but the potential of it becoming a store of value is there.

Agreed with that as well.

I wonder why so many people in here are so binary in their thinking: Bitcoin is a terrible store of value currently (and a highly speculative asset), a not-too-shabby medium of transfer, and absolutely not a unit of account. If things go well, it might be a store of value in the future, and the likelihood of that happening is exactly what we're collectively determining/discovering here, through the markets.

I bolded the key word. Anything can happen in the future. Bitcoin might be worth zero in the future as well. My point was that there is a prevalent attitude in this community that bitcoin is a store of value and that buying now is always a good idea. I'd not even consider such terms as "store of value" until bitcoin is much more entrenched.

It is all these things now. It has to be, if not, it is not money. You vision is fogged if you think that some fiat has better quality. Fuck, when you spend the petty cash you get for your astroturfing on that teddy bear, you depress the value of dollar and support the value of teddy bears!
sr. member
Activity: 336
Merit: 250
 Kiss double Roll Eyes bottoms   Shocked erywhere Lips sealed
sr. member
Activity: 502
Merit: 251
Relentless selling, wow. No way 400 holds.
full member
Activity: 182
Merit: 100
A 1k dump at 417. 

Really, that is all you need to know about the market for the last few months.
hero member
Activity: 798
Merit: 1000
my god...
Which one is that? Is he any good ? Can you send me a leaflet ?
full member
Activity: 139
Merit: 100
bitcoin hates walls
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
I thought 440 would hold  Grin Cry
sr. member
Activity: 336
Merit: 250
I actualy like this massive dump.

It brings some fresh sperm in this raped market.
member
Activity: 70
Merit: 10
legendary
Activity: 2464
Merit: 1145
in before btc-e flash crash to 300.
legendary
Activity: 1512
Merit: 1005
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"?

You are completely right. This is no better than some fiats.
legendary
Activity: 2338
Merit: 1035
JUST WOW

I thought that we would maybe be at the bottom but apparently not...
sr. member
Activity: 502
Merit: 251
Inching closer to 410. Roughly 860btc to that point. Get your cheap coins.

But i was told at 600 those were cheap coins. And at 500. And at 900. Now you're telling they are cheap at 410? So confusing this.

410 is cheaper than 500, 600 and 900. Not sure how simple math can be confusing.

So at 600 they weren't cheap and i was lied to?

Once again 600 was cheaper than 900 so no you wasn't lied to.


Cheap and cheaper are two different things, are you retarded ?
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