Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28389.

oda.krell

legendary

Activity: 1470

Merit: 1007

However, we are currently witnessing all the bears, even the pretty smart ones, going full retard. It kinda boggles my mind? Never seen anything like this before.

Care to give an example of what you mean?

To me at least, the delusionally bullish posts ("that's it! trend reversal choo choo!") seem pretty balanced right now with the bear FUD ("Single digits, mark my words!").

But maybe i'm biased...

igorr

sr. member

Activity: 406

Merit: 250

Quote from: soullyG on April 07, 2014, 10:54:40 AM

Ugh, can we please stop quoting the trolls please - here's a short list in case people need reminding, feel free to add to it..

mah87
fonzie
igorr
chromosoma
Mervyn_Pumpkinhead
ShroomsKit_Disgrace

This fall is different from all so far, and has never happened to prices falling like this a long time, five months so far and the decline continues,perhaps another five months or more. who knows

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: soullyG on April 07, 2014, 10:54:40 AM

Ugh, can we please stop quoting the trolls please - here's a short list in case people need reminding, feel free to add to it..

mah87
fonzie
igorr
chromosoma
Mervyn_Pumpkinhead
ShroomsKit_Disgrace

Could you please delist me, there must be a mistake, i am not a troll.

Thanks

Fonzie

chromosoma

sr. member

Activity: 434

Merit: 250

Quote from: soullyG on April 07, 2014, 10:54:40 AM

Ugh, can we please stop quoting the trolls please - here's a short list in case people need reminding, feel free to add to it..

mah87
fonzie
igorr
chromosoma
Mervyn_Pumpkinhead
ShroomsKit_Disgrace

What? You dont like truth?
You really think that "0000000000d0f0e0r0e0sd0f0es00e<" can cost 100 Dollar?=))

Mervyn_Pumpkinhead

legendary

Activity: 876

Merit: 1000

Quote from: oda.krell on April 07, 2014, 10:27:06 AM

Quote from: chromosoma on April 07, 2014, 10:21:37 AM

I personally doubt that after fall to 100-200$ bitcoin will rise again.
Just scare to think about all those people who newly bought all those gridseeds, dragons with THs of power, thinking they will get money back.
But now, difficulty is still rising, and value is falling. This hardware will never ever get your money back.

Is htere any other purpose for SHA256 ASICs? Can you hack protected files with it?

Where do people get this retarded idea from that "Bitcoin is dead if it falls below price x".

Oh yeah, I know: from the same jumping-to-conclusions part of the brain that tells them "we never fell below the previous ATH, so it can't happen this time either"...

I actually agree with the donkey on this one. Low price has little threat to bitcoin. Right now,a low price would actually strengthen bitcoin, not weaken it. There has to be a solid bottom and certainty, so things could get moving again. Right now everyone who has a clue, are on hold because they have started to realize that the current price is only held up by desperation, denial and overly optimistic hopes. So, this uncertainty is actually slowing down all the progress that is going around bitcoin. I was already begging in January for people not to pump the price up when it is only supported by denial, desperation and hype. It was easy to see that the only thing it does, is it made the process a lot longer then needed. BTC should have fallen at 300, rested there for a month and now we would already be on a solid uptrend. But the fools kept pumping the market and created a lot of uncertainty about the present situation. But now the fall will take longer and the drop will be deeper.
Only real threat to bitcoin is competition, since the entire idea of open-sourced monetary systems is too big to just put it back in the box. The price may fall, but as long as there aren't solid competition, then it won't kill bitcoin itself.

soullyG

hero member

Activity: 1011

Merit: 721

Decentralize everything

Ugh, can we please stop quoting the trolls please - here's a short list in case people need reminding, feel free to add to it..

mah87
fonzie
igorr
chromosoma
Mervyn_Pumpkinhead
ShroomsKit_Disgrace

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: Walsoraj on April 07, 2014, 10:52:02 AM

https://bitcoinfoundation.org/blog/?p=677

Gavin stepping down as lead dev... game over man, game over. Single digits by Friday.

He, almost had me for a second.

Thanks for the link, though. This is (long term) pretty good news: Gavin is vastly overqualified as a glorified coding monkey, so him taking a more 'abstract' stance on Bitcoin development is long overdue, imo.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Walsoraj on April 07, 2014, 10:52:02 AM

https://bitcoinfoundation.org/blog/?p=677

Gavin stepping down as lead dev...

Will he take Luke Jr. with him? Or is that too much to ask?

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: chromosoma on April 07, 2014, 10:45:32 AM

Quote from: zoinky on April 07, 2014, 10:38:09 AM

Crazy to think paper in your wallet can be worth anything, don't even have to go look for it, its printed... The world is so wacky.

Yes,paper money are the sign of value, of work.
For example you work as engineer and design new car. You get paid. This is the reward for you work.
You go to the supermarket and buy some bread. The money you pay serve as the reward for farmers, driver, workers at the market, tax etc.
The paper money DO have real value, so to say the real Proof of Work;)

In comparison to BTC, which is some real random numbers. So everyone can wank on sofa while mining "money". That would contribute so much to our society.... Roll Eyes

Why work at some hard and dirty jon, if you can buy yourself a rig, and do nothing.

That's so true.

chromosoma

sr. member

Activity: 434

Merit: 250

Quote from: lynn_402 on April 07, 2014, 10:47:00 AM

Quote from: chromosoma on April 07, 2014, 10:45:32 AM

In comparison to BTC, which is some real random numbers. So everyone can wank on sofa while mining "money". That would contribute so much to our society.... Roll Eyes

You do understand that mining is unprofitable right now, don't you?

Yes mining bitcoins is not profitable right now, because the price is constantly going down.
Still you can mine any other altcoin, and profit by speculation. You know, there are new altcoin everyday, if you hit the right one (like Aurora ,Maza ,Unobtanium etc in the past) you can make pretty high profit.

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

https://bitcoinfoundation.org/blog/?p=677

Gavin stepping down as lead dev... game over man, game over. Single digits by Friday.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: igorr on April 07, 2014, 10:45:13 AM

Quote from: hdbuck on April 07, 2014, 10:43:07 AM

Quote from: igorr on April 07, 2014, 10:35:36 AM

*snip

absolutely will not die, at least for another 2-3 years, but price range can be 10-50 usd, or much less

nahh scarcity + investments in businesses (ie. making it tangible, thus creating demand) is likely to sustain the price uptrend: 1 year ago, there was not even 10% of today's investments levels and popularity. we aint seeing sub 100 again imo. it's like people saying we could fall under 1$ when we reached 260$. desperate for not buying earlier if i may say Grin

If bistamp dies, then will be instantaneous death for bitcoin.

hehe i predict that stamp will eventually shut down. as well for any other exchange. its the cycle of life (or greed) in bitcoinworld. Tongue

p0peji

sr. member

Activity: 266

Merit: 250

Quote from: podyx on April 07, 2014, 10:48:17 AM

Quote from: chromosoma on April 07, 2014, 10:45:32 AM

Quote from: zoinky on April 07, 2014, 10:38:09 AM

Crazy to think paper in your wallet can be worth anything, don't even have to go look for it, its printed... The world is so wacky.

Yes,paper money are the sign of value, of work.
For example you work as engineer and design new car. You get paid. This is the reward for you work.
You go to the supermarket and buy some bread. The money you pay serve as the reward for farmers, driver, workers at the market, tax etc.
The paper money DO have real value, so to say the real Proof of Work;)

In comparison to BTC, which is some real random numbers. So everyone can wank on sofa while mining "money". That would contribute so much to our society.... Roll Eyes

Why work at some hard and dirty jon, if you can buy yourself a rig, and do nothing.

you are pretty fucking slow, aren't u?

teachers must of mumbled something about how special you were when you was little, am i right?

You can say a lot, but his response is kind of funny. Grin

podyx

legendary

Activity: 2338

Merit: 1035

Quote from: chromosoma on April 07, 2014, 10:45:32 AM

Quote from: zoinky on April 07, 2014, 10:38:09 AM

Crazy to think paper in your wallet can be worth anything, don't even have to go look for it, its printed... The world is so wacky.

Yes,paper money are the sign of value, of work.
For example you work as engineer and design new car. You get paid. This is the reward for you work.
You go to the supermarket and buy some bread. The money you pay serve as the reward for farmers, driver, workers at the market, tax etc.
The paper money DO have real value, so to say the real Proof of Work;)

In comparison to BTC, which is some real random numbers. So everyone can wank on sofa while mining "money". That would contribute so much to our society.... Roll Eyes

Why work at some hard and dirty jon, if you can buy yourself a rig, and do nothing.

you are pretty fucking slow, aren't u?

teachers must of mumbled something about how special you were when you was little, am i right?

igorr

sr. member

Activity: 406

Merit: 250

Shorting

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: igorr on April 07, 2014, 10:45:13 AM

Vladimir Putin is a closet gay.

Why do you think so?

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: podyx on April 07, 2014, 10:42:55 AM

Quote from: jonoiv on April 07, 2014, 10:41:02 AM

Quote from: podyx on April 07, 2014, 10:39:49 AM

Bears, u gotta try harder

don't worry, just getting started!

damn, must I wire more fiat again??

I don't think you;

A. Have enough $

B. Have enough time. Next round of dumping starts within the next 30 mins.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: chromosoma on April 07, 2014, 10:45:32 AM

In comparison to BTC, which is some real random numbers. So everyone can wank on sofa while mining "money". That would contribute so much to our society.... Roll Eyes

You do understand that mining is unprofitable right now, don't you?

chromosoma

sr. member

Activity: 434

Merit: 250

Quote from: zoinky on April 07, 2014, 10:38:09 AM

Crazy to think paper in your wallet can be worth anything, don't even have to go look for it, its printed... The world is so wacky.

Yes,paper money are the sign of value, of work.
For example you work as engineer and design new car. You get paid. This is the reward for you work.
You go to the supermarket and buy some bread. The money you pay serve as the reward for farmers, driver, workers at the market, tax etc.
The paper money DO have real value, so to say the real Proof of Work;)

In comparison to BTC, which is some real random numbers. So everyone can wank on sofa while mining "money". That would contribute so much to our society.... Roll Eyes

Why work at some hard and dirty jon, if you can buy yourself a rig, and do nothing.

igorr

sr. member

Activity: 406

Merit: 250

Quote from: hdbuck on April 07, 2014, 10:43:07 AM

Quote from: igorr on April 07, 2014, 10:35:36 AM

*snip

absolutely will not die, at least for another 2-3 years, but price range can be 10-50 usd, or much less

nahh scarcity + investments in businesses (ie. making it tangible, thus creating demand) is likely to sustain the price uptrend: 1 year ago, there was not even 10% of today's investments levels and popularity. we aint seeing sub 100 again imo. it's like people saying we could fall under 1$ when we reached 260$. desperate for not buying earlier if i may say Grin

If bistamp dies, then will be instantaneous death for bitcoin.

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