Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28221. (Read 26709924 times)

What about a lambo on a train?

We have a long way to go before I would consider this a bullish resumption. I'd say at least $580.
Otherwise we might end up continuing the downtrend again to even lower levels. I'm not doing anything at this point.

You can hardly A) if you don't B), and you lose A) if you don't B). That's why the odd-few bitcoiners who have managed to A), should come to Malla castle for the trainings on how to retain their bitcoins in the face of all the threats against them.

I bought during the start of November, where there were more in play then just the hopes of fools. Sold at the middle of December, and every rise has been fuelled by the hopes of fools ever since. This downtrend would be over quicker if there wouldn't be so many fools in the game.

Feelings have nothing to do with it. Proper data about the current direction of value will decide when you can say that it's smart investing into BTC. And this isn't about drawing lines on the charts like a 6 year old. It's about taking more factors into consideration like the factors that stimulate demand. Right now, BTC is not a smart investment, it's a blind bet, supported by hope that more fools will follow to fill your pockets. There haven't been a good reason to buy BTC till December.

400 wasn't a major resistance point. Dumping didn't stop there because of strong buy walls, but stopped there just because the dumpers paused for letting the support rise a little to continue dumping. It isn't predictable how long will they wait until they continue. A dumb blind bet again.
If there would be less people who are fuelling these dumb pumps, then the downtrend would have been over more quickly and that would have meant more wins to most involved. Because of these dumb pumps, the market is unpredictable and unattractive for serious investors. Right now, the environment is only attractive to degenerate gamblers. Those who have the experience and education in the field, know better to stay away, because there are always better investment opportunities then to play unstable bear markets.

Well, you whine about my low interest on buying during this bear market, just like tens have done before you. So, to me, you are just like those who have whined before you.
And no, there haven't been important developments in the crypto scene for a long time. Just a lot of hot air, made out of high hopes and promises.

You really don't get it that these dumb pumps will only create meaningless volatility and the biggest winners are actually the exchanges. When you win 30%, then you don't win it out of thin air, but you win it at the expense of some poor schmuck who buys after you buy. That is the reason that you are whining on why I'm not buying, because you want more schmucks to join in to fill your pockets.
The outcome of these dumb pumps is still that more people lose then win, and it's not a matter of skill but a matter dumb luck. You didn't have any data about the fiat that is moving in, you just made a bet because you had a feeling that people will buy after. And now you are trying to act like this blind bet was a matter of skill and data analysis. To me it's just funny. It's like the guy who get's lucky at the roulette table and tries to act like a skillful gambler after.

Wait till (if) we get to 490. There wil be an invasion of bulls and bears turned bulls shouting 500 with trains moons babes lambos everything you want.

It wasn't that long ago that this forum was full of people saying "you're a fucking idiot if you short bitcoin"

I miss all the pictures of trains and moons.

I have to say you generally have called the last few days pretty well. I just hope you put some money on it

Its was refreshing to finally see a bear trap. I've said it was coming too, kinda amusing that people forgot that not only the bulls can be trapped.

There are ways and means to do everything if you either A) have the money or B) know the right people.

Answering these questions goes above my free consultation, sorry.

Wheres the use of force or threats?

This is a very interesting issue and question for me b/c sometimes we will be dealing with people who are NOT reputable and may even be disreputable.

Actually, I thought the bitcoin white paper discusses this kind of distrust issue in regards to mining..

But anyhow, my point is that if there are two parties that want to engage in some kind of a transaction, we should have various systems in place to be able to engage in that transaction, even if we do NOT trust the other party.   And, then when we bring Fiat into the mix, it becomes a little bit more complicated, but it could also be complicated making sure that you get the lamborgini.. or whatever.  


I hear that BTC has some kinds of built in escrowing functions, but possibly applications need to be built upon those escrow functions.  

I also hear that Mastercoin, colorcoin and Nxt are some examples of working on variations of decentralized exchanges.  Certainly, I would rather NOT deal with any exchanges either, if that were possible to deal directly, and to be able to hang onto my bitcoins without having to entrust them to an exchange as the third party until I want to trade them directly with someone.

And then if you have more than $10K in fiat, isn't that a reportable event... ?   There may also be bank fees, too?  Who will carry $80K cash to starbucks?

Because its moving upwards 

I think it's all coercion, don't tell anyone though

This is not how it works

Hmm, ok

Seeing as you argued like a clueless bear, that was my first assumption, sorry

What you said kind of make sense except that you disregard every positive aspect of Bitcoin and the community that justifies a higher price, you disregard the money printing that will kill the USD and you are calling fools people that were called fools when the price was 10$ or 30$; they were not fools then and they are not fools now 

If I'm not a bull then why have I never sold a single BTC in my life? They're all either spent or in paper wallets.

My general sentiment is no different now to how it was a week ago, or even a month ago. There has been no significant news, neither good nor bad.

fucking christ

thats 0.6 btc to fuck

only for a misclick :S

Because they are

Bad Traders

Not because

Trading is bad