Bitcoin is FINE everyone. It's still the most robust medium of exchange ever invented.
LOL!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25810. (Read 26611167 times)
September 17, 2014, 04:53:45 AM
LOL!
September 17, 2014, 04:46:22 AM
That's true! But you think the Bitcoin price will stay below 300$ or 250$ for one month. Even when that happens it will increase again. I keep them in my pocket, because there is a lot of votality on the price on this moment.
Some of you guys are talking like it's just all written down in the books. Why don't you better say "I suppose it will increase again" and not "it will increase again". It makes the impression of lemmings jumping from the cliff...
September 17, 2014, 04:45:57 AM
Sorry Blitz, but I can never forget your legendary, "Nobody buys the triple digit lie any more." Your pessimism is so over the top.
Bitcoin is FINE everyone. It's still the most robust medium of exchange ever invented.
Bitcoin is FINE everyone. It's still the most robust medium of exchange ever invented.
September 17, 2014, 04:44:30 AM
What is happening with Ripple ? it did almost 10% the last 24 hours and around 30% the last 7 days ?!!! Darkcoin also seem to be doing very well 20% in 24 hours...
Yeah, some old coins really doing good these days but some coins really lost like hell.
I remember yesterday GNS lost more then 97% of it's value.
September 17, 2014, 04:42:19 AM
What is happening with Ripple ? it did almost 10% the last 24 hours and around 30% the last 7 days ?!!! Darkcoin also seem to be doing very well 20% in 24 hours...
September 17, 2014, 04:39:06 AM
Quote
is it possible for bitcoin price to trade below 400:
strong yes - 28 (25%)
strong no - 10 (8.9%)
yes. - 29 (25.9%)
no. - 14 (12.5%)
idk but i cut my looses! - 1 (0.9%)
IDK, but I say HODL! - 30 (26.8%)
Total Voters: 112
Not many times I've seen poll results accepting a downfall..! almost 67% of feels that btc might trade below 400. Wait and watch if that happens.strong yes - 28 (25%)
strong no - 10 (8.9%)
yes. - 29 (25.9%)
no. - 14 (12.5%)
idk but i cut my looses! - 1 (0.9%)
IDK, but I say HODL! - 30 (26.8%)
Total Voters: 112
Markets often move in the opposite direction of what most market participants expect.
Is it possible for bitcoin price to trade below 400?
Why it should not be possible? 0,10$ is possible same as 100,000$ is possible. Stupid poll, or is it that I understand it wrong?
Everything is possible in manipulator markets, you always be ready to see unexpected things.
September 17, 2014, 04:38:02 AM
What the hell is going on market, we are dropping continously.
I really don't understand why there is no support.
Greed? Everyone hopping to buy lower... Nothing new here
But how much lower, we already lost more then 33% in last 2 month.
It's really hard to stick with this way.
I would say we are really near the bottom, since there is not much interest for more dumping. Unless few players decide to dump 2000+ btc.
Yes... hard times
Better take your btc to cold storage and forget about them for a month or two. Let the manipulators play with themselfs, sooner or later they will stop 
I am also thinking same that, just don't watch Bitcoin market price for some weeks
because it's not easy to handle these mental pressure when you are seeing regualry
you are loosing your wealth.
September 17, 2014, 04:37:05 AM
I don't think hashrate will ever significantly decrease again. The ASICs have no other purpose than mining Bitcoin, and if their value falls low enough, someone who can operate them profitably will buy them.
The rate of growth has been in steady decline since winter, but I don't see it going negative at any point.
The rate of growth has been in steady decline since winter, but I don't see it going negative at any point.
That's essentially a bullish statement. If the price goes low enough, the hashrate will have to come down, unless a significant portion of hashing is done by people without a direct profit in mind. Even then, they'd better have very deep pockets.
September 17, 2014, 04:34:41 AM
Is it possible for bitcoin price to trade below 400?
It's obviously possible to trade as low as BTC production price is reached, currently well below US$300. Nobody will sell them bellow what it costs to mine them. Except that limit, everything else depends on the demand. If we hit that price watch for datacenter movement to locations with extremely cool climate and dirt cheap electricity.
Miners will sell at whatever price they can get, if they have bills to pay. A small loss is better than a big loss, and a big loss is better than a huge loss. If prices drop below production costs, miners will shut down and the hashrate will decrease until production costs get low enough.
That's true! But you think the Bitcoin price will stay below 300$ or 250$ for one month. Even when that happens it will increase again. I keep them in my pocket, because there is a lot of votality on the price on this moment. And everybody is waiting for Nasdaq.
September 17, 2014, 04:31:37 AM
Is it possible for bitcoin price to trade below 400?
It's obviously possible to trade as low as BTC production price is reached, currently well below US$300. Nobody will sell them bellow what it costs to mine them. Except that limit, everything else depends on the demand. If we hit that price watch for datacenter movement to locations with extremely cool climate and dirt cheap electricity.
Miners will sell at whatever price they can get, if they have bills to pay. A small loss is better than a big loss, and a big loss is better than a huge loss. If prices drop below production costs, miners will shut down and the hashrate will decrease until production costs get low enough.
The rate of growth has been in steady decline since winter, but I don't see it going negative at any point.
September 17, 2014, 04:30:41 AM
Feels great to see my life savings just dissappear
Can't sell at this huge loss either..
fucking hell
Can't sell at this huge loss either..
fucking hell
when playing with life savings maybe some stop losses are in order.
I probably won't be selling, (maybe but not sure)
I'm taking loans if we go sub 400
I will be incredibly fucked if this thing goes wrong...
You know, normally I'd assume you're joking, but I guess you're not...
to recap:
1) you're invested too much in an extremely speculative asset*.
2) your investment is underwater, and you have no form of risk control in place
3) if it goes down further (and you're down with your initial, already too big, investment even more), you plan to increase your exposure.
... I'm not even gloating, or trying to be a dick... I'm just puzzled. And, while I don't know you personally, a bit worried.
* (well, that's what it is. has a shot at going to the moon, has a real chance to never make it back to $1000. ergo: extremely speculative)
September 17, 2014, 04:30:25 AM
Is it possible for bitcoin price to trade below 400?
It's obviously possible to trade as low as BTC production price is reached, currently well below US$300. Nobody will sell them bellow what it costs to mine them. Except that limit, everything else depends on the demand. If we hit that price watch for datacenter movement to locations with extremely cool climate and dirt cheap electricity.
Nearly all prices are possible regarding the poll, even prices near 0$. You are talking about realistic prices, that's another thing.
September 17, 2014, 04:30:14 AM
What the hell is going on market, we are dropping continously.
I really don't understand why there is no support.
Massive walls since we hit 490.
2014 adopters dumping the technology due to the constantly decreasing value.
Overall, business adoption is way up but is wasted due to consumer adoption dropping like a stone in response to the exchange rate. We may see companies quietly stop accepting btc by the end of the year. 2014 will be the year btc took 3 steps backwards.
September 17, 2014, 04:29:18 AM
Is it possible for bitcoin price to trade below 400?
It's obviously possible to trade as low as BTC production price is reached, currently well below US$300. Nobody will sell them bellow what it costs to mine them. Except that limit, everything else depends on the demand. If we hit that price watch for datacenter movement to locations with extremely cool climate and dirt cheap electricity.
Miners will sell at whatever price they can get, if they have bills to pay. A small loss is better than a big loss, and a big loss is better than a huge loss. If prices drop below production costs, miners will shut down and the hashrate will decrease until production costs get low enough.
September 17, 2014, 04:26:35 AM
Quote
is it possible for bitcoin price to trade below 400:
strong yes - 28 (25%)
strong no - 10 (8.9%)
yes. - 29 (25.9%)
no. - 14 (12.5%)
idk but i cut my looses! - 1 (0.9%)
IDK, but I say HODL! - 30 (26.8%)
Total Voters: 112
Not many times I've seen poll results accepting a downfall..! almost 67% of feels that btc might trade below 400. Wait and watch if that happens.strong yes - 28 (25%)
strong no - 10 (8.9%)
yes. - 29 (25.9%)
no. - 14 (12.5%)
idk but i cut my looses! - 1 (0.9%)
IDK, but I say HODL! - 30 (26.8%)
Total Voters: 112
I would NOT put so much weight on this particular poll because for one, the question is pretty badly worded.... "is it possible," which is NOT really helping to get at what people believe to be probable or likely (if that were the goal of this particular poll).
September 17, 2014, 04:24:09 AM
Is it possible for bitcoin price to trade below 400?
It's obviously possible to trade as low as BTC production price is reached, currently well below US$300. Nobody will sell them bellow what it costs to mine them. Except that limit, everything else depends on the demand. If we hit that price watch for datacenter movement to locations with extremely cool climate and dirt cheap electricity.
September 17, 2014, 04:21:50 AM
Quote
is it possible for bitcoin price to trade below 400:
strong yes - 28 (25%)
strong no - 10 (8.9%)
yes. - 29 (25.9%)
no. - 14 (12.5%)
idk but i cut my looses! - 1 (0.9%)
IDK, but I say HODL! - 30 (26.8%)
Total Voters: 112
Not many times I've seen poll results accepting a downfall..! almost 67% of feels that btc might trade below 400. Wait and watch if that happens.strong yes - 28 (25%)
strong no - 10 (8.9%)
yes. - 29 (25.9%)
no. - 14 (12.5%)
idk but i cut my looses! - 1 (0.9%)
IDK, but I say HODL! - 30 (26.8%)
Total Voters: 112
Markets often move in the opposite direction of what most market participants expect.
Is it possible for bitcoin price to trade below 400?
Why it should not be possible? 0,10$ is possible same as 100,000$ is possible. Stupid poll, or is it that I understand it wrong?
Below 400$ is possible maybe 390$, but it will go up again. And it's maybe few hours or day that it will stand on 390$. But in the future the price will increase after the good news on the end of the year, when Coin go to Nasdaq.
September 17, 2014, 04:20:35 AM
What the hell is going on market, we are dropping continously.
I really don't understand why there is no support.
Greed? Everyone hopping to buy lower... Nothing new here
But how much lower, we already lost more then 33% in last 2 month.
It's really hard to stick with this way.
September 17, 2014, 04:17:01 AM
Quote
is it possible for bitcoin price to trade below 400:
strong yes - 28 (25%)
strong no - 10 (8.9%)
yes. - 29 (25.9%)
no. - 14 (12.5%)
idk but i cut my looses! - 1 (0.9%)
IDK, but I say HODL! - 30 (26.8%)
Total Voters: 112
Not many times I've seen poll results accepting a downfall..! almost 67% of feels that btc might trade below 400. Wait and watch if that happens.strong yes - 28 (25%)
strong no - 10 (8.9%)
yes. - 29 (25.9%)
no. - 14 (12.5%)
idk but i cut my looses! - 1 (0.9%)
IDK, but I say HODL! - 30 (26.8%)
Total Voters: 112
Markets often move in the opposite direction of what most market participants expect.
Is it possible for bitcoin price to trade below 400?
Why it should not be possible? 0,10$ is possible same as 100,000$ is possible. Stupid poll, or is it that I understand it wrong?
September 17, 2014, 04:11:05 AM
What the fuck is this? Mijn website: http://www.bitcoinupdate.nl/home/bitcoin 3200-euro
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