Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26584.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: empowering on July 30, 2014, 06:15:22 AM

Quote from: minerpumpkin on July 30, 2014, 06:13:40 AM

No substantial rebound. I fear this means we'll be staying at this level and probably drop even further. Troubling times ahead :-/

why ? what is your logic? Seems to me much the same in the big world of Bitcoin ?

I do not get it ... is the price only allowed to go up or "all is doomed" ?

what do you view as troubling times ahead?

His logic is that the price is going down and people stopped buying. Can't be too hard to figure out unless you are in denial.

madmat

legendary

Activity: 966

Merit: 1000

Quote from: ShroomsKit on July 30, 2014, 06:09:27 AM

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get in.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

You are not smart, and you didn't have any money in bitcoin. 2BTC is just nothing.

I am currently buying some, so i thank you and all other dumpers for cheap coins.

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: minerpumpkin on July 30, 2014, 06:13:40 AM

No substantial rebound. I fear this means we'll be staying at this level and probably drop even further. Troubling times ahead :-/

why ? what is your logic? Seems to me much the same in the big world of Bitcoin ?

I do not get it ... is the price only allowed to go up or "all is doomed" ?

what do you view as troubling times ahead?

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

No substantial rebound. I fear this means we'll be staying at this level and probably drop even further. Troubling times ahead :-/

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: ShroomsKit on July 30, 2014, 06:09:27 AM

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get it.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

Sources? where is the proof for all of this ? just looks like extreme paranoia to me... or fud for fuds sake... does not appear to be any facts in there that are backed by anything in reality apart from your opinion? sources please - or at the very least some sensible reasoning if there is any.

Pump3r

newbie

Activity: 14

Merit: 0

Quote from: ShroomsKit on July 30, 2014, 06:09:27 AM

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get in.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

Reading this, maybe I should take in considaration, that it is really a bear trap.

Bittings

full member

Activity: 157

Merit: 100

Quote from: ShroomsKit on July 30, 2014, 06:09:27 AM

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get it.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

I see your transformation is complete. Enjoy your fiat.

ShroomsKit

hero member

Activity: 672

Merit: 500

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get in.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

Xer0

hero member

Activity: 826

Merit: 1000

°^°

Quote from: Sandia on July 30, 2014, 05:58:16 AM

Could we just fall quickly to 550, please? I would prefer not to wait a week of slow slide before buying back in.

no, extra slow slide please

have to dump 5× 1k$ miners on the bay first Wink

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Sandia

full member

Activity: 182

Merit: 100

Could we just fall quickly to 550, please? I would prefer not to wait a week of slow slide before buying back in.

Pump3r

newbie

Activity: 14

Merit: 0

Quote from: wachtwoord on July 30, 2014, 05:45:18 AM

Yes, final capitalization it is. Are we all in agreement Bitcoin is done for yet? Yes? Good! Then we can finally rally ....

If we would all be agreed we could finally rally, yes.

But we are not!
Was is not the Silk Road Crash? The bounce, that will bounce to the moon? The nasty bear trap before the next uber-bubble.

No. Sorry we can't rally.

Xer0

hero member

Activity: 826

Merit: 1000

°^°

Quote from: wachtwoord on July 30, 2014, 05:45:18 AM

Yes, final capitalization it is. Are we all in agreement Bitcoin is done for yet? Yes? Good! Then we can finally rally ....

yes, its final™ capitulation now

deadley

legendary

Activity: 2562

Merit: 1064

Quote from: hmmmstrange on July 30, 2014, 05:23:04 AM

Placing bids now. Is $350 too greedy or should i stick with the trusty $420?

WTF, 350, no way, It will not going to there ever now.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Yes, final capitalization it is. Are we all in agreement Bitcoin is done for yet? Yes? Good! Then we can finally rally ....

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: zby on July 30, 2014, 05:37:24 AM

For me the pressure down feels like 2011 - long slow slide.

But due to lower seller pressure it's taking a lot longer than in 2011.

zby

legendary

Activity: 1594

Merit: 1001

For me the pressure down feels like 2011 - long slow slide.

gizmoh

legendary

Activity: 1428

Merit: 1000

Quote from: Xer0 on July 30, 2014, 05:27:38 AM

i hope the coming final capitulation won't affect Litecoin

I'm seeing support around 45 CNY for LTC on Okcoin. If it remains higher than 41.25 we will establish a bottom.
As mining difficulty keeps rising steeply (higher cost to mine LTC) and with high level of shorting (i.e traders will need to buy back), buying LTC is currently a good bet actually.

bitgeek

sr. member

Activity: 462

Merit: 251