Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25776.

ShroomsKit

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Activity: 672

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Quote from: Torque on September 18, 2014, 11:54:30 AM

Quote from: fonsie on September 18, 2014, 11:45:56 AM

Quote from: ShroomsKit on September 18, 2014, 11:41:32 AM

Quote from: adaseb on September 18, 2014, 11:29:14 AM

Why is it that almost everybody in this thread is long and I am probably the only one short ?

The trend was down, it hit major resistance, it failed to rally on good news. Why would you be long in this market?

Why is everybody saying "YAY! Cheap coins" ??

Why are you trying to catch a falling knife? This might be the bottom but its highly unlikely its the bottom. It could go down another $50,$100 or $200 before it reaches a bottom and finds support.

The cheap coins argument. I'm so tired of it.
How many more years will peoole be cheering that we're going down? Every drop since 1200 has been totally fucking awesome because "cheap coins".
We dropped to 900! Awesome! I'm buying all these cheap coins! 700! Perfect! I'm buying! 500 woooow cheap coins! I'm buying. 450! I can wait for 300's buying them cheap coins! 250 this couldn't be any better. Buying here! 100 fuck i'm buying. 1 cheeeaaap coins i'm buying! Bitcoin dead but fuck that i'm sitting on all these cheap coins!

The ShroomsKit argument. I'm so tired of it.

Actually ShroomsKit has a point. Both traders and holders rely on buying low only in the hopes that it goes up from there. But what if it doesn't?

From a holder perspective, anyone that bought any bitcoin this entire 2014 year, would be sitting on some kind of loss right now, unless you just happened to be so lucky to get one at $389. Think about that for a moment. Any of the hundreds of thousands of new bitcoiners that bought bitcoin this year has never seen a bitcoin go up in price, ever. Only down.

That's why we should stop cheering when it goes down. This was the year it was gonna go big, instead it's turning out to be the worst investment for tons of people. This constant downwards pressure is killing Bitcoin. I keep saying it: it won't magically go up again forever. One time it will simply stop. How many more crashes before people simply stop buying? This might be the last one.
And then there you are. With all your cheap coins worth shit.

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

I guess we're now re-testing a very very long term support line. This is worrying! If we break below $350 - I don't like this saying at all usually - we're doomed!

ChartBuddy

legendary

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Erdogan

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Quote from: adamstgBit on September 18, 2014, 11:56:39 AM

Quote from: Erdogan on September 18, 2014, 11:55:30 AM

A real holder holds down to zero, confident that absent central banks, it can't go negative. But at that point, he might jump over to a promising altcoin

ether?

Does it matter, when your holdings are worth zero? Moahahaha - got you.

Patel

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Quote from: ShroomsKit on September 18, 2014, 11:55:35 AM

Quote from: Patel on September 18, 2014, 11:52:40 AM

This is the kind of despair/doom/bitcoin dead/fear that had to be reached before we go up again.

4-6 months to ATH imo

Another myth based on nothing i've been reading here forever.

Every single time we crashed i read this. So how many times more does this need to happen before we go up?

Shrooms, remember when I was saying we we're gonna go down, like 3-4 months ago? And you we're like where's the source? It's an opinion, learn to deal with it without needing a damn source for everything. The source is based on my opinion.

We are allowed to speculate in the speculation thread, right? Or do we have to have some kind of magic 8 ball, so all of our speculations aren't myths?

Richy_T

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Activity: 2576

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Time to put the paper wallets in the drawer next to the confederate currency Sad

adamstgBit

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Merit: 1037

Trusted Bitcoiner

Quote from: Erdogan on September 18, 2014, 11:55:30 AM

A real holder holds down to zero, confident that absent central banks, it can't go negative. But at that point, he might jump over to a promising altcoin

ether?

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: Patel on September 18, 2014, 11:52:40 AM

This is the kind of despair/doom/bitcoin dead/fear that had to be reached before we go up again.

4-6 months to ATH imo

Another myth based on nothing i've been reading here forever.

Every single time we crashed i read this. So how many times more does this need to happen before we go up?

Erdogan

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Activity: 1512

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A real holder holds down to zero, confident that absent central banks, it can't go negative. But at that point, he might jump over to a promising altcoin

mrkavasaki

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adamstgBit

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Trusted Bitcoiner

its not going to go up magically ... but its not like it will magically crash either.

looks like a temporary bottom could be forming here. 420 people like this number go figure

Torque

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Quote from: fonsie on September 18, 2014, 11:45:56 AM

Quote from: ShroomsKit on September 18, 2014, 11:41:32 AM

Quote from: adaseb on September 18, 2014, 11:29:14 AM

Why is it that almost everybody in this thread is long and I am probably the only one short ?

The trend was down, it hit major resistance, it failed to rally on good news. Why would you be long in this market?

Why is everybody saying "YAY! Cheap coins" ??

Why are you trying to catch a falling knife? This might be the bottom but its highly unlikely its the bottom. It could go down another $50,$100 or $200 before it reaches a bottom and finds support.

The cheap coins argument. I'm so tired of it.
How many more years will peoole be cheering that we're going down? Every drop since 1200 has been totally fucking awesome because "cheap coins".
We dropped to 900! Awesome! I'm buying all these cheap coins! 700! Perfect! I'm buying! 500 woooow cheap coins! I'm buying. 450! I can wait for 300's buying them cheap coins! 250 this couldn't be any better. Buying here! 100 fuck i'm buying. 1 cheeeaaap coins i'm buying! Bitcoin dead but fuck that i'm sitting on all these cheap coins!

The ShroomsKit argument. I'm so tired of it.

Actually ShroomsKit has a point. Both traders and holders rely on buying low ONLY in the hopes that it goes up from there. But what if it doesn't?

From a holder perspective, anyone that bought any bitcoin this entire 2014 year, would be sitting on some kind of loss right now, unless you just happened to be so lucky to get one at $389 in one 4 hour period this year. Think about that for a moment. Any of the hundreds of thousands of new bitcoiners that bought bitcoin this year have never seen a bitcoin go up in price, EVER. Only down.

akujin

sr. member

Activity: 336

Merit: 250

Wow btce hit 400 Grin

They're so excited to dump Grin

Patel

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This is the kind of despair/doom/bitcoin dead/fear that had to be reached before we go up again.

4-6 months to ATH imo

podyx

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What do you reckon is the chance for bitcoin to never see $500 again?

scarsbergholden

hero member

Activity: 686

Merit: 500

Ah, good. It has been an eventful evening. Hopefully this turns into a real panic selloff that we can base and rally from. Give me a nice V bottom. 300s, please.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: mmitech on September 18, 2014, 11:47:57 AM

...most of you here don't spend any time studying all technical and ideological aspects of Bitcoin and think that Bitcoin survival is related to its price only, which is very wrong... there is more to Bitcoin than its price.

^that.

Chuckee

member

Activity: 70

Merit: 10

Quote from: sidhujag on September 18, 2014, 11:42:46 AM

Quote from: Chuckee on September 18, 2014, 11:41:52 AM

It's absolutely hilarious that the only person here who has been consistently right about the price movement for the past couple months -- fallllling -- was banned and his posts deleted.

It really is true... you can lead a horse to water, but you can't make him drink.

I've been saying $350 for months... atleast 350... depends on what LTC does.

Careful then.. you might get banned too Cheesy

We're seeing the "anger" stage right now. Butt hurt hodlers are lashing out at the bears, but really they have nobody to blame but themselves.

I saw the writing after the failed rally in May and cut my looses while we were still above $600. Why others didn't... blind faith, I guess.

mmitech

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Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: FNG on September 18, 2014, 11:42:42 AM

How long until the VC's get pissed off and wire tens of millions to exchanges?

VC's are not invested into Bitcoin but into companies that deals with Bitcoin, coinbase/bitstamp will function regardless the price is $1000 or $100 same goes for bitpay and all other companies.... most of you here don't spend any time studying all technical and ideological aspects of Bitcoin and think that Bitcoin survival is related to its price only, which is very wrong... there is more to Bitcoin than its price.

itod

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Activity: 1974

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Honey badger just does not care

Quote from: spooderman on September 18, 2014, 11:19:55 AM

brah! 300s come onnnnn let's get this shit done with. I want my super cheap coins.

+1

I'm buying on $280. Can't wait. Go, go, go!

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25776. (Read 26652382 times)