Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28528. (Read 26709140 times)

legendary
Activity: 2156
Merit: 1070
Houbi bouncing at 400 CYN intervals - 3200, 2800, 2400.

We might have hit our low for the day.

Or, the fall will escalate more rapidly.
hero member
Activity: 560
Merit: 500
This is the first bubble I've observed up close and personal. I'm finding it a teensy bit eerie how closely it's following the script others have laid out...

What's particularly interesting is that many bubbles pop and go to zero. Bitcoin has survived several boom/bust cycles, never going to zero. Indeed each bubble high is higher than the previous, and each bubble low is higher than the previous. It appears, and the hope is, there may be a few more of these cycles before it enters a more solid state on price.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
upswing to about 460 incoming over next couple of hours.

I rather bet on a nice upswing to 350

But would you put any money on it? 

I bet that there would be a lot of takers to bet you that we will see $460 before we see $350? 

You would NOT take such a bet b/c you do NOT even believe it. 

Well it's been 6weeeks I'm saying we're going to 400$ and I hear "blablabal oyu troll OMG such troll ignoreignore etc.."

Well here we are so I'll wait and buy at 350 Smiley



So what?   I also have NOT seen $400 yet on bitstamp.. .low is $418.34... so far... what are you measuring... anything that meets your theory. ... .. woudl you take a bet or not?  You are betting on $350 and acting as if $350 is coming soon...   and you are denigrating discussions of $460...   Put your money on your assertion(s).

hero member
Activity: 854
Merit: 1000
I hodl!!

and cheers the fact that I got all my BTC back that I lost from gox!
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
If bitcoin is to become an important world currency, it must go through ups and downs like this.  If it didn't, everyone who got in early would become filthy rich.  But everyone can't become rich, so bitcoin must tug at your emotions to test your beliefs, taunting you to make a move.  It rockets to the moon, promising you wealth beyond your wildest dream.  And then it crashes lower and then lower again, shattering those fantasies you were living in your head.  

But in the end the question is simply: do you want bitcoin to succeed?  

For me it is something to fight for.  In all my life, I have never seen a technology that I feel has as much potential to right so many wrongs in the world.  It is money by the people for the people.  It empowers the individual, which empowers the community, which empowers the world.  It is bottom up money, rather than top-down, and reflects the natural order of human relationships.  It is the system that will allow us to break free of certain chains that have been holding back our species, as we evolve to a higher level of community.  

Life is about making decisions.  We are free people and can do as we choose by accepting the consequences.  At some point, each of us will be old and at the end of our lives.  We will remember the battles we fought and won with pleasure, and those we lost with pride.  Our regrets will instead be of the battles we were too afraid to fight.  We will look back and say, how could I have been worried about loosing (what you'll later perceive as an inconsequential) $25,000 bucks when what was at play was the evolution of money itself.    

I decided a year ago to commit my time over the next several years to working on bitcoin.  I will continue to do so as long as transactions are added to the unforgeable global ledger know as the blockchain.  I will work to advance the technology, use it at every opportunity, favour hiring employees who accept it, and gently promote it across my sphere of influence.  

I believe I am not alone.  



You aren't alone!  
full member
Activity: 226
Merit: 100
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
to HODL or not to HODL: THAT IS THE QUESTION

What's the other options... this is NOT a binary issue.... he hehe.. at least NOT for this CAT
full member
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
will smokers rally around 420?



dude you know we are working on it ! *imo*: BUY BUY BUYYYYY lollll >>

legendary
Activity: 2604
Merit: 3056
Welt Am Draht
This is the first bubble I've observed up close and personal. I'm finding it a teensy bit eerie how closely it's following the script others have laid out. Reddit and elsewhere is showing initial rumblings of despair.

Just goes to show that another one is on its way eventually.
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-


I believe I am not alone.  



you are one of the last permabull Smiley
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
upswing to about 460 incoming over next couple of hours.

I rather bet on a nice upswing to 350

But would you put any money on it? 

I bet that there would be a lot of takers to bet you that we will see $460 before we see $350? 

You would NOT take such a bet b/c you do NOT even believe it. 

Well it's been 6weeeks I'm saying we're going to 400$ and I hear "blablabal oyu troll OMG such troll ignoreignore etc.."

Well here we are so I'll wait and buy at 350 Smiley
legendary
Activity: 1162
Merit: 1007
If bitcoin is to become an important world currency, it must go through ups and downs like this.  If it didn't, everyone who got in early would become filthy rich.  But everyone can't become rich, so bitcoin must tug at your emotions to test your beliefs, taunting you to make a move.  It rockets to the moon, promising you wealth beyond your wildest dream.  And then it crashes lower and then lower again, shattering those fantasies you were living in your head.  

But in the end the question is simply: do you want bitcoin to succeed?  

For me it is something to fight for.  In all my life, I have never seen a technology that I feel has as much potential to right so many wrongs in the world.  It is money by the people for the people.  It empowers the individual, which empowers the community, which empowers the world.  It is bottom up money, rather than top-down, and reflects the natural order of human relationships.  It is the system that will allow us to break free of certain chains that have been holding back our species, as we evolve to a higher level of community.  

Life is about making decisions.  We are free people and can do as we choose by accepting the consequences.  At some point, each of us will be old and at the end of our lives.  We will remember the battles we fought and won with pleasure, and those we lost with pride.  Our regrets will instead be of the battles we were too afraid to fight.  We will look back and say, how could I have been worried about loosing (what you'll later perceive as an inconsequential) $25,000 bucks when what was at play was the evolution of money itself.    

I decided a year ago to commit my time over the next several years to working on bitcoin.  I will continue to do so as long as transactions are added to the unforgeable global ledger know as the blockchain.  I will work to advance the technology, use it at every opportunity, favour hiring employees who accept it, and gently promote it across my sphere of influence.  

I believe I am not alone.  

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
upswing to about 460 incoming over next couple of hours.

I rather bet on a nice upswing to 350

But would you put any money on it? 

I bet that there would be a lot of takers to bet you that we will see $460 before we see $350? 

You would NOT take such a bet b/c you do NOT even believe it. 
hero member
Activity: 560
Merit: 500
confirmed: smokers have rallied the price from 420 to 430
member
Activity: 150
Merit: 10
hero member
Activity: 742
Merit: 500
Circle gets the Square
to HODL or not to HODL: THAT IS THE QUESTION

HODL... and not just HODL... HODL in cold storage 

hero member
Activity: 854
Merit: 1000
to HODL or not to HODL: THAT IS THE QUESTION
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
I think there are only two likely possibilities at this point: price is either going to go a lot lower or it's going to stay low for a long time. I am a permabull no longer. Long term bull, yes, but the time frame is months or years. This could very well be a 2011 scenario.

Sure, whales could turn it around, but retail speculators don't have enough cash left and volume is too low for a rational call of a trend reversal. The double whammy of Gox and China compounded each other. This would be a great time to buy if small investors understood the technology and acted rationally, but I see no evidence that this is the case.

There may be an infinite supply of fiat, but I don't have it. I doubt any of you do either. Price will have to retreat to a point where it becomes attractive to new investors ot stay where it's at long enough to build a new base. 




That is a level of pessimism that I have NOT seen from you in recent posts... so BLOOD must really be in the streets.... BUY, BUY, BUY..  Smiley
full member
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
So, who's drinking? What's the opposite of champagne?

ripple of course! >>

Wink

Jump to: