Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30189. (Read 26712899 times)

The goal is the amount of coins, not how much each coin is currently worth. I am not worried about dollar valuation at this point. I would rather have 3 coins that are in one year worth 4x times their buy-in than to have one coin worth 4x its buy-in in a couple months.

Once it starts getting to $5000 the chances of me accumulating another whole bitcoin ever again are basically ZERO. So, its now or never for me. Now or I am totally locked-out of the game when I got in with plenty of time to make the cut. A couple BTC worth $100,000 in 5-10 years won't mean jack - its more or less a consolation prize. To me, its only worth it if my pot is worth millions.

Why have you taken such an offensive stance billy? Its his right to want what's best for him, or what he considers to be best for him.

So we obviously are entering the fear/frustration stage now. How are people going to behave if it drops 100$ or more in a day? I hope it´s no longer possible to delegate hitman with BTC. I´m about to stop my bearish comments out of fear

Yup, history and fundamentals are being forged before our eyes. I think sometimes people on here forget this completely.

If Bitcoin was several decades or centuries old then I'd take its history into account when thinking about market movements. It's not realistic to be doing so right now when developments are firing off in every possible direction.

Established economical types may secretly love the idea but can't bring themselves to voice it for fear of highlighting the creaking pile of shit they deal with for a living.

You're a dipshit. let's say you're right and it crashes and you get three coins for the rice of one now. it takes three months to recover and you've trippled up. Or you could just buy one now and the price doubles two months in a row (because nodody got spooked by the crash that didn't happen) and you've got FOUR times your buy-in. I'm not too surprised you're unemployed with little money when you display an attitude like that. And you'll never be richer than me. If it crashes, I'll just be right there buying with you. asshole.

He doesn't want to hear that. He is a greedy bastard who is on the verge of becoming a millionaire and only wants to see the price increase to solidify that.

Even if the bears win this consolidation, it doesn't mean we are headed for a slow recovery or long decline. I don't think 2011 and 2013 give us much indication on what will happen next. Bitcoin is still so young, every rise and subsequent fall is going to play out differently. There are SO many moving parts now. Its very hard to judge how this will play out. Fundamentals are growing, but how long it will take before bitcoin is underpriced is just anyones guess at this point. Bitcoin could go through another phase were it is undervalued for a long time or it could also go through another parabolic rise.  Will be interesting to see.

The next parabolic rise is going to be interesting however. Because once bitcoin goes to 2k or 5k or more, what are all the "expert" economists and financial naysayers going to say about Bitcoin then? At some point they can not longer dismiss it.

Not necessarily. Long, slow downtrend is more detrimental than a two-weeks crash, consolidation and beginning of a new rally. That being said, I am a newbie and might (very possibly) be wrong.

In my defense, check april 2013 vs 2011 "spurts".

Bitcoin #18 on Business Insider's "20 Huge Trends That Will Define the World for Decades."

http://www.businessinsider.com/business-insider-global-20-2014-2014-1#18-bitcoin-is-here-to-stay-71

I spend a lot more time reading about Bitcoin than I do on this forum. Although I still spend too much time on this forum  .

The more I read the more I feel like 2014 is going to be a year of conflict for Bitcoin. What I mean is, that until now Bitcoin has been dismissed, ignored or laughed off by powerful people in the financial and even technical realms.  Now a lot of these people are moving from the "ignore" stage to the "aggrevated and slightly annoyed" stage.  Bitcoin flies in the face of many of the realities and premises that many of these "elite" have based their ideas on. Its not necessarily that they hate bitcoin inherently, its just that bitcoin calls to question many of the beliefs that many of them have chosen to accept.

This is why we are getting the head of banks and former noble prize winners dismissing bitcoin out of hand. They still have not taken the time to truly understand it. It is more of an annoyance now.

I would not be surprised if the next stage is moving from annoyance and aggravation to hostility. Bitcoins rise can only threaten many in the financial arenas.

I expect this to bring more conflict.  I think we are going to entering an time period (next 12-18 months) where the battlefield lines are going to be drawn. And then it will be in the years after that, that Bitcion will have the chance to ultimately win.

Good. I want it to take a longer time to reach an ATH. Because I am jobless with almost nothing. So, I can't drop a few thousand and pick up 10 or 100 coins. At these prices I can buy like 2 BTC - at lower prices I can triple that. Its a huge difference for me.

Tough shit. I started buying in at $6/BTC when it was only pennies a few weeks earlier.  You don't need other people to lose for you to win. Those people who bought in before me deserved it. Those of us who bought in before you deserved it. You think I resent Goat because he's two orders of magnitude ahead of me? Absolutely not. I'll get my turn and you'll get yours if you're humble enough to take it. You want cheap coins? THESE ARE THE CHEAP COINS. Down and up doesn't make you any richer than up and up. The fact that you want the market to crash just makes you an asshole and a fool. A $200 crash will not hasten a new ATH. It will prolong it.

https://i.imgur.com/Fk39nQol.jpg

Will use it or alternatives from now on. I only recently used GOX, I was elsewhere previously.

I don't know how, in mid-stream, they can just announce: "Oh, and from now on, if you want your bitcoin back you need to verify your account. Sorry, to randomly spring that on you after you brought your coins here."

Yes, I had to anyway...

Do we need to get verified on Gox even to withdraw BTC?

Everyone concentrate on the dead cat bounce.

Let's tank this to 4200 on Huobi.

Force of Will.

Not all of us have been around bitcoin for 5 years. Some of us are less than a year old.


Adafruit has accepted bitcoin for months.

you just re affirmed others like me exist in the GTA.. Mike Harris fucked up large.. also a large reason we don't have subways. But do check the earlier bolded parts of my statement and see I do agree with you.