Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26426. (Read 26610692 times)

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
You've just gotta love times like this.

The silly little bears are having a real picnic.



"At 6 o'clock their mommies and daddies will send them straight to bed,
because they're foolish little teddy bears."

 Smiley Wink Cheesy Grin Cool
hero member
Activity: 882
Merit: 1003
Are we destined to test $555 again?

The EMA has just dropped under $599 also, not encouraging.
legendary
Activity: 981
Merit: 1005
No maps for these territories
Interesting indeed, we all should change our mindframes to do that. I will. Thanks for sharing  Wink

Not a bad article, http://cointelegraph.com/news/112259/op-ed-is-bitcoin-ready-for-the-major-leagues

Interesting part:

A Death by Trading

One of the primary causes for price instability in commodities is the amount of trading and speculation that goes on. Particular groups try to corner certain markets by buying a great deal of the commodity, thereby driving up the price that consumers pay at the market. There is no real reason why Bitcoin cannot fall into the same trap as we get closer to the last mined coin. The above examples of people trying to corner the market are extreme examples. But even regular trading has a sometimes horrid effect on commodities as is evidenced by speculation in the energy industry.

The only way to prevent this from happening is to keep Bitcoin as decentralized as possible and as much of the currency as possible out of the exchanges and in the economy. Money on the trading floor enriches only the traders and owners of the commodity, not the end-consumers or people who buy the final product. Meanwhile, money that continually flows through the economy keeps it healthy and liquid.


Not like day/week traders care, but they are partly responsible for killing or slowing down BTC's success.
To everyone else, spend your coins when you have the option.
If you don't want to lose your amount of BTC, buy back the same amount which you'd otherwise spend in fiat.
Do this until it's not necessary anymore because you get your 'paycheck' in BTC.

As for speculating, the price will rise. You are delusional if you don't see the rapid increase in adoption from serious companies.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1078
Merit: 1441
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

+1

Although I have the luxury of such actions and I'm aware others are not. 

Don't go bringing Jimmy Buffet quotes in here. He said himself to stay away from commodities.

"Is it ignorance or apathy? Hey, I don't know and I don't care."
-Jimmy Buffett


Good one  Cheesy
legendary
Activity: 896
Merit: 1001
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

+1

Although I have the luxury of such actions and I'm aware others are not. 

Don't go bringing Jimmy Buffet quotes in here. He said himself to stay away from commodities.

"Is it ignorance or apathy? Hey, I don't know and I don't care."
-Jimmy Buffett
sr. member
Activity: 434
Merit: 250
Do you mean with these "bear traps" that these coins were dumped just to sellers be able to buy them up cheaper a while later?
sr. member
Activity: 308
Merit: 250
Cant wait to cash in another $3k by the end of the week. Bear traps, lol.
legendary
Activity: 1078
Merit: 1441
NOPE>>>>>> he is an adult, who is trying to get away with some of his stupidity by acting as if he is a teenager, but it is all a ruse....   He is a troll, though...and certainly a FUD spreader..

He learns really fast and is doing the blowjob better, day by day.

ftfy  Cheesy

You can lol now, but the we lol all the way down to 0$.
legendary
Activity: 1260
Merit: 1002
NOPE>>>>>> he is an adult, who is trying to get away with some of his stupidity by acting as if he is a teenager, but it is all a ruse....   He is a troll, though...and certainly a FUD spreader..

He learns really fast and is doing the blowjob better, day by day.

ftfy  Cheesy

You can lol now, but the we lol all the way down to 0$.

i am aiming sub zero.  Shocked

hero member
Activity: 1526
Merit: 597
NOPE>>>>>> he is an adult, who is trying to get away with some of his stupidity by acting as if he is a teenager, but it is all a ruse....   He is a troll, though...and certainly a FUD spreader..

He learns really fast and is doing the blowjob better, day by day.

ftfy  Cheesy

You can lol now, but the we lol all the way down to 0$.
legendary
Activity: 1078
Merit: 1441
NOPE>>>>>> he is an adult, who is trying to get away with some of his stupidity by acting as if he is a teenager, but it is all a ruse....   He is a troll, though...and certainly a FUD spreader..

He learns really fast and is doing the blowjob better, day by day.

ftfy  Cheesy
hero member
Activity: 1526
Merit: 597
NOPE>>>>>> he is an adult, who is trying to get away with some of his stupidity by acting as if he is a teenager, but it is all a ruse....   He is a troll, though...and certainly a FUD spreader..

He learns really fast and is doing the job better, day by day.

Hey, Dump3er. My shift is over and I'm going to go grab dinner. Can you take over for me on the Troll Observer thread? Thanks  Cool

Of course, as Walsoraj is delayed I'll do the job, till he arrives.
sr. member
Activity: 350
Merit: 253
NOPE>>>>>> he is an adult, who is trying to get away with some of his stupidity by acting as if he is a teenager, but it is all a ruse....   He is a troll, though...and certainly a FUD spreader..

He learns really fast and is doing the job better, day by day.

Hey, Dump3er. My shift is over and I'm going to go grab dinner. Can you take over for me on the Troll Observer thread? Thanks  Cool
hero member
Activity: 1526
Merit: 597
NOPE>>>>>> he is an adult, who is trying to get away with some of his stupidity by acting as if he is a teenager, but it is all a ruse....   He is a troll, though...and certainly a FUD spreader..

He learns really fast and is doing the job better, day by day.
full member
Activity: 298
Merit: 100
Not like day/week traders care, but they are partly responsible for killing or slowing down BTC's success.

okay....? the existence of speculators is inevitable -- as with other commodities. it's more prudent to accept that reality than to go around trying to assign blame....

meanwhile, HODLers continue to speculate....
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Don't go bringing Jimmy Buffet quotes in here. He said himself to stay away from commodities.

 Cheesy Cheesy Cheesy  Jimmy Buffet eh?


yeah this guy ....   Cheesy
[img]http://upload.wikimedia.org/wikipedia/commons/1/1d/Jimmy_Buffett_1.jpg[img]

Yes, that gentleman is a billionaire investor and he specifically said in an interview earlier this year to stay away from bitcoin.  Grin

That would be Warren?  Grin  what is it with you and names? first "sagon" and now "jimmy" where do you get this from ?  Grin

Also that ol dude is as slippery as an eel - talkin' his book

Kireinaha is a teenage troll. I mean come on, its obvious.

Everyone please stop feeding the teenage troll.

NOPE>>>>>> he is an adult, who is trying to get away with some of his stupidity by acting as if he is a teenager, but it is all a ruse....   He is a troll, though...and certainly a FUD spreader..
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 306
Merit: 100
Not a bad article, http://cointelegraph.com/news/112259/op-ed-is-bitcoin-ready-for-the-major-leagues

Interesting part:

A Death by Trading

One of the primary causes for price instability in commodities is the amount of trading and speculation that goes on. Particular groups try to corner certain markets by buying a great deal of the commodity, thereby driving up the price that consumers pay at the market. There is no real reason why Bitcoin cannot fall into the same trap as we get closer to the last mined coin. The above examples of people trying to corner the market are extreme examples. But even regular trading has a sometimes horrid effect on commodities as is evidenced by speculation in the energy industry.

The only way to prevent this from happening is to keep Bitcoin as decentralized as possible and as much of the currency as possible out of the exchanges and in the economy. Money on the trading floor enriches only the traders and owners of the commodity, not the end-consumers or people who buy the final product. Meanwhile, money that continually flows through the economy keeps it healthy and liquid.


Not like day/week traders care, but they are partly responsible for killing or slowing down BTC's success.
To everyone else, spend your coins when you have the option.
If you don't want to lose your amount of BTC, buy back the same amount which you'd otherwise spend in fiat.
Do this until it's not necessary anymore because you get your 'paycheck' in BTC.

As for speculating, the price will rise. You are delusional if you don't see the rapid increase in adoption from serious companies.
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