Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26022. (Read 26609517 times)
September 01, 2014, 06:01:49 PM
All you bears and trolls might not believe on Santa Bitcoin, but he believes in you. He rewards the good little bitcoiners with whales that buy us lots of presents and punishes the bad ones with lumps of litecoin.
September 01, 2014, 05:59:19 PM
September 01, 2014, 05:56:43 PM
Always wondered why hodlers hang out in speculation.. makes no sense. What do they care, they will never participate in price discovery.
Truly remarkable question! Why would one who owns Apple or Microsoft stocks for 20 years would hang out in a speculation forum of WallSt. regulars... Makes no sense! What do they care, they will never participate in price discovery.
...
Unlike Bitcoin hodlers, they plan to *sell* their shares if the market's right. If they have no plans to sell in your hypothetical, then you have a valid question--what the hell are they doing?
September 01, 2014, 05:53:00 PM
TROLL QUOTE DENIED
However wanted to address his comment...not quite sure how you equate price to being the defining factor of bitcoin's growth
September 01, 2014, 05:52:08 PM
2014! Year of bitcoin!
So who's first to admit that they were completely, utterly wrong? Risto, any of the bulltards... waiting...
So who's first to admit that they were completely, utterly wrong? Risto, any of the bulltards... waiting...
I was wrong as well
2014 is far from over.
September 01, 2014, 05:47:33 PM
2014! Year of bitcoin!
So who's first to admit that they were completely, utterly wrong? Risto, any of the bulltards... waiting...
So who's first to admit that they were completely, utterly wrong? Risto, any of the bulltards... waiting...
I was wrong as well
September 01, 2014, 05:46:44 PM
2014! Year of bitcoin!
So who's first to admit that they were completely, utterly wrong? Risto, any of the bulltards... waiting...
So who's first to admit that they were completely, utterly wrong? Risto, any of the bulltards... waiting...
September 01, 2014, 05:41:08 PM
This time Bistamp leads the dumps and China follows, interesting.
September 01, 2014, 05:40:25 PM
I'd be more worried if it was android and visa.
Well perhaps, but happy to be all fiat atm. This decline will continue and might accelerate with news about Apple working with Visa, Mastercard and American express to create a mobile wallet.
http://www.zdnet.com/apple-patches-find-my-iphone-exploit-7000033171/ why I wasn't worried..Apple isn't adding the security that bitcoin does to my money.
September 01, 2014, 05:35:56 PM
Always wondered why hodlers hang out in speculation.. makes no sense. What do they care, they will never participate in price discovery.
Truly remarkable question! Why would one who owns Apple or Microsoft stocks for 20 years would hang out in a speculation forum of WallSt. regulars... Makes no sense! What do they care, they will never participate in price discovery.
It's been fun meeting you esse83. Time to get some sleep though... not that there would be any difference from being awake with my IQ rating...
Because the wealth increase of Bitcoin thus far makes it at least possible for the investment to be life changing in the short term. People like to keep an eye on that, even if they themselves don't trade.
September 01, 2014, 05:26:13 PM
Always wondered why hodlers hang out in speculation.. makes no sense. What do they care, they will never participate in price discovery.
Truly remarkable question! Why would one who owns Apple or Microsoft stocks for 20 years would hang out in a speculation forum of WallSt. regulars... Makes no sense! What do they care, they will never participate in price discovery.
It's been fun meeting you esse83. Time to get some sleep though... not that there would be any difference from being awake with my IQ rating...
September 01, 2014, 05:25:38 PM
The owner of a properly positioned portfolio shouldn't much care where the price goes, especially in the short term. Only the best or luckiest day traders can use this market as a reliable source of income. For most of us, it is a form of investment or savings. Leverage really takes away from your ability to wait out the fluctuations, so it should be used mostly in those rare circumstances where price have moved very far and rapidly out of the trading range and a partial snap-back is almost inevitable.
If you have an outside source of income and a positive cash flow, then almost anytime is a good time to buy. It's just a question of how much. Everyone wants to maximize our return on investment, but being too greedy or stingy can cause you to miss out on opportunities. This downward momentum we are currently experiencing shouldn't bother long term holders much because it is an opportunity to distribute coins to either more people (which will widen the user base) or smarter people (which will reduce volatility and make bitcoin more useful for transactions). In either case, it's good for the long term growth of the Bitcoin economy.
If you have an outside source of income and a positive cash flow, then almost anytime is a good time to buy. It's just a question of how much. Everyone wants to maximize our return on investment, but being too greedy or stingy can cause you to miss out on opportunities. This downward momentum we are currently experiencing shouldn't bother long term holders much because it is an opportunity to distribute coins to either more people (which will widen the user base) or smarter people (which will reduce volatility and make bitcoin more useful for transactions). In either case, it's good for the long term growth of the Bitcoin economy.
September 01, 2014, 05:23:56 PM
Always wondered why hodlers hang out in speculation.. makes no sense. What do they care, they will never participate in price discovery.
You have not wondered hard enough. How about they are gathering info in order to decide whether it is a good time to enter / buy moar?Some of us are here for shits and giggles...general entertainment/newses , confirmed newses only of course.... and/or the missus is sick of us talking
(and to watch the chickens running around with no heads)
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September 01, 2014, 05:19:06 PM
Always wondered why hodlers hang out in speculation.. makes no sense. What do they care, they will never participate in price discovery.
You have not wondered hard enough. How about they are gathering info in order to decide whether it is a good time to enter / buy moar? September 01, 2014, 05:10:50 PM
Someone earlier has been implying that the purpose of tarding is to make a profit. In using this fact to justify their scepticism of those who are trying to acquire as many BTC as possible.
You are missing the fact that a lot of people are trading to make a BTC profit, not a dollar profit.
You are missing the fact that a lot of people are trading to make a BTC profit, not a dollar profit.
September 01, 2014, 05:01:38 PM
Quote
Um, no. If the big guys (aka whales) would sell a lot we would see much better BTC liquidity and much lower prices. Most whales can afford to wait for the second half of 2016, when they'll dump big.
... yeah dump right before the next block halving ... sounds just like a nasty whale plan huh?
Not before, the next block halving is going to happen during the second half of 2016 and if the stage of the market at that time will be a slow bull market
(which is possible) it will only take another 2 - 3 months to reach mania stage, possibly up to 10k$, before the end of 2016.
But of course whales won't want suckers to believe that they'll be bagholders at 10k$, they'll want suckers to believe the price will soon reach 100k$.
people registered in 2013 are just so dumb, RIPPLE IS THE FUTURE
Ripple is what is left in the toilet after the shit drops
Better flush quickly then.
September 01, 2014, 05:01:01 PM
Quote
Um, no. If the big guys (aka whales) would sell a lot we would see much better BTC liquidity and much lower prices. Most whales can afford to wait for the second half of 2016, when they'll dump big.
... yeah dump right before the next block halving ... sounds just like a nasty whale plan huh?
Not before, the next block halving is going to happen during the second half of 2016 and if the stage of the market at that time will be a slow bull market
(which is possible) it will only take another 2 - 3 months to reach mania stage, possibly up to 10k$, before the end of 2016.
But of course whales won't want suckers to believe that they'll be bagholders at 10k$, they'll want suckers to believe the price will soon reach 100k$.
people registered in 2013 are just so dumb, RIPPLE IS THE FUTURE
Ripple is what is left in the toilet after the shit drops
September 01, 2014, 04:59:18 PM
September 01, 2014, 04:52:36 PM
Quote
Many people here are invested into bitcoins and always try to find excuses and wild theories why the BTCUSD exchange rate should be higher.
Let's not forget that the only reason people trade is to make profit. And right now this is not on the LONG side. It's that simple.
At least the short and mid term trends are fully DOWN and it's a bear market until it breaks the resistances we monitor.
Thank god for a voice of reason in here. So rare. Always wondered why hodlers hang out in speculation.. makes no sense. What do they care, they will never participate in price discovery. Let's not forget that the only reason people trade is to make profit. And right now this is not on the LONG side. It's that simple.
At least the short and mid term trends are fully DOWN and it's a bear market until it breaks the resistances we monitor.
September 01, 2014, 04:51:26 PM
Quote
Um, no. If the big guys (aka whales) would sell a lot we would see much better BTC liquidity and much lower prices. Most whales can afford to wait for the second half of 2016, when they'll dump big.
... yeah dump right before the next block halving ... sounds just like a nasty whale plan huh?
Not before, the next block halving is going to happen during the second half of 2016 and if the stage of the market at that time will be a slow bull market
(which is possible) it will only take another 2 - 3 months to reach mania stage, possibly up to 10k$, before the end of 2016.
But of course whales won't want suckers to believe that they'll be bagholders at 10k$, they'll want suckers to believe the price will soon reach 100k$.
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