Alright this is getting pretty scary...its dropping down a lot and thats not a good thing...at this rate do you think it will go back up again?
sell when you still have a chance
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25951. (Read 26608317 times)
September 07, 2014, 12:47:31 PM
sell when you still have a chance
September 07, 2014, 12:45:07 PM
Hold on to your butts
September 07, 2014, 12:33:02 PM
Alright this is getting pretty scary...
don't trade on emotion.
its dropping down a lot and thats not a good thing
why not? Maybe you could rethink your position? Would it make sense to have some fiat on hand to scoop up cheap coins in case of further decline? How is it going to feel if it does decline and you have fiat. How is it going to feel if it doesn't decline and you have fiat. How is it going to feel if it does decline and you are all in. How is it going to feel if it doesn't decline and you're all in? Four questions. Your individual answers to them can guide your decision.
at this rate do you think it will go back up again?
wether or not it will go back up again doesn't have much to do with the current rate of decline (which is rather slow, in fact)
and yes: I think it will go back up again. Also: if you're tempted to sell at $660, DON'T
September 07, 2014, 12:16:14 PM
Alright this is getting pretty scary...its dropping down a lot and thats not a good thing...at this rate do you think it will go back up again?
Yes
September 07, 2014, 12:15:43 PM
Just wait for the black swan.
September 07, 2014, 12:10:49 PM
Alright this is getting pretty scary...its dropping down a lot and thats not a good thing...at this rate do you think it will go back up again?
September 07, 2014, 12:01:53 PM
I can't see it holding these levels for long. We're going up or down soon. 
Yeah, it's Sunday so there might be a minor decision already today! We've seen surprise buys on Sunday night before. But there could also be another Monday-morning-dump! I especially dread those... Waking up to a ton of red numbers!
September 07, 2014, 11:59:13 AM
September 07, 2014, 11:23:38 AM
Hopefully up.
September 07, 2014, 11:20:51 AM
I can't see it holding these levels for long. We're going up or down soon.
down for sure
September 07, 2014, 11:18:14 AM
I can't see it holding these levels for long. We're going up or down soon.
September 07, 2014, 10:59:11 AM
September 07, 2014, 10:58:05 AM
Chart looks very interesting.
The 495 pump was just a test
The 495 pump was just a test
not a test but a dead cat bounce since the last one to $530, now top bubble could be $495, guess what's the next top bubble? may be $400?
You have to agree that this cat has been bouncing for 99+ lives for almost a month. More bouncing like this and we can claim a patent for a perpetuum mobile.
yes, it has been bouncing for 3-5 times recently, each time lower than the previous one
soon you will have a bounce to $1 from $0.5
September 07, 2014, 10:52:41 AM
Chart looks very interesting.
The 495 pump was just a test
The 495 pump was just a test
not a test but a dead cat bounce since the last one to $530, now top bubble could be $495, guess what's the next top bubble? may be $400?
You have to agree that this cat has been bouncing for 99+ lives for almost a month. More bouncing like this and we can claim a patent for a perpetuum mobile.
September 07, 2014, 10:49:23 AM
Chart looks very interesting.
The 495 pump was just a test
The 495 pump was just a test
not a test but a dead cat bounce since the last one to $530, now top bubble could be $495, guess what's the next top bubble? may be $400?
September 07, 2014, 10:47:28 AM
Chart looks very interesting.
The 495 pump was just a test
The 495 pump was just a test
September 07, 2014, 09:59:13 AM
September 07, 2014, 09:22:32 AM
But the verdict obviously did not say that stolen cash ceases to be the property of the victim just because "cash is fungible". Police routinely seize money from cash thieves and return it to the victims. If the thief exchanged the cash for other valuables, without the merchant's knowledge, the cash then is "clean", but the valuables are still seized, as being conceptually the victim's property.
I didn't suggest that it said that. I am emphasizing fungibility specifically because most (maybe all) schemes I have seen that would add to bitcoin some kind of 'consumer protection' against theft would also make bitcoin non-fungibile, and useless as a currency. Additionally, NO currency that I am aware of has built-in consumer protections, and very likely cannot have such without giving up fungibility, and therefore utility as a currency - and that is the specific issue dealt with by the decision in this case.
However, catching a bitcoin thief will be quite hard in general. The transaction that stole your bitcoins may have been issued from your own computer, automatically, by some self-erasing malware, while the hacker was not even online. You can point to the stolen coins in the blockchain, but the thief may leave the coins there for years, and no one can take them from him. Or he can hack into an old PC in Mongolia, and from there tumble the coins so thoroughly that it will be practically impossible to trace them to his person when he finally spends them.
This is true, but I don't think the bitcoin theft situation is in any meaningful way different than theft of cash in the form of any currency. Do you really think it would be easier to get your money back from some random thief that steals your wallet? I don't see the huge risk associated with bitcoin that doesn't exist with any other kind of cash, and that seems to be your thesis. I'm sure you will correct me if I am misinterpreting you.
AFAIK no theft of bitcoins by outside hackers has been solved, by the police or anyone else. In several cases of insider theft, the culprit was identified with high probability, but I don't know of any case where the evidence was sufficient to get a conviction.
As far as I know, this is true also - but bitcoin is still very new. I'm sure that you can find similar cases where cash money was stolen, and although there was a suspect who's guilt in the theft was deemed highly likely, sufficient legal proof for prosecution/recovery was not found.
September 07, 2014, 08:59:14 AM
September 07, 2014, 08:24:48 AM
Are you so confident though that bitcoin will continue to increase in value/price? The price over the past few months makes me have doubts (especially with the downtrend), but I'd love to hear your thoughts on why the btc price will increase.
Everyone in BitcoinTalk know Bitcoin's price will only rise in long term for obvious (world adoption, limited supply, new tech, S-curve) reasons.
I think so but there are many users who don't, some are really sure that bitcoin will fail.
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