Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31268.

Sitarow

legendary

Activity: 1792

Merit: 1047

Quote from: bixcoin on December 07, 2013, 02:38:00 PM

Quote from: MoreFun on December 07, 2013, 02:24:18 PM

Quote from: mmitech on December 07, 2013, 02:21:03 PM

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

I don't feel that what we have seen these days is a major crash.

I think this crash has only just begun. We're in a bull trap in a bear trap in a bull trap in a crash in a bull market!

Just don't be the guy looking in from the side lines as btc value crashes to the moon on its way to a new ATH

MicroFi

full member

Activity: 124

Merit: 100

Quote from: mmitech on December 07, 2013, 02:39:16 PM

wow the price still holding at 700

There's a buyback going on.

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: mmitech on December 07, 2013, 02:38:44 PM

2K BTC was just dumped

That was really stupid or failed manipulation.

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

wow the price still holding at 700

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

2K BTC was just dumped

bixcoin

full member

Activity: 168

Merit: 100

Bixcoin Superdouche

Quote from: MoreFun on December 07, 2013, 02:24:18 PM

Quote from: mmitech on December 07, 2013, 02:21:03 PM

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

I don't feel that what we have seen these days is a major crash.

I think this crash has only just begun. We're in a bull trap in a bear trap in a bull trap in a crash in a bull market!

MickeyT2008

sr. member

Activity: 350

Merit: 250

This account was recently hacked

Quote from: Spaceman_Spiff on December 07, 2013, 02:36:59 PM

Quote from: ardana123 on December 07, 2013, 02:29:52 PM

Quote from: mmitech on December 07, 2013, 02:25:45 PM

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

Same here, I own a 13 year old Honda Civic since 3 years now. Never had anything break on it, cheap as fuk to drive around in...

Beats me why I would spend hard earned money on a status symbol like a fancy car. Even if I was rich i'd probably go for something midrange than a Ferrari or Porsche...

I wouldn't be surprised if this is a somewhat general characteristic of a typical 'bitcoiner'. I have got a bunch of second-hand furniture, because it looks ok, does the job, and costs way less than new stuff. Don't have a car either. I would much rather invest the money that I save by doing so, in the hopes of becoming less dependent on income from my job, and doing only what I feel like doing.

My sofa cost me £10, but it does the job nicely

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

Quote from: ardana123 on December 07, 2013, 02:29:52 PM

Quote from: mmitech on December 07, 2013, 02:25:45 PM

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

Same here, I own a 13 year old Honda Civic since 3 years now. Never had anything break on it, cheap as fuk to drive around in...

Beats me why I would spend hard earned money on a status symbol like a fancy car. Even if I was rich i'd probably go for something midrange than a Ferrari or Porsche...

I wouldn't be surprised if this is a somewhat general characteristic of a typical 'bitcoiner'. I have got a bunch of second-hand furniture, because it looks ok, does the job, and costs way less than new stuff. Don't have a car either. I would much rather invest the money that I save by doing so, in the hopes of becoming less dependent on income from my job, and doing only what I feel like doing.

3KyNoX

member

Activity: 81

Merit: 10

Quote from: mmitech on December 07, 2013, 02:30:32 PM

Quote from: 3KyNoX on December 07, 2013, 02:24:13 PM

Quote from: mmitech on December 07, 2013, 02:21:03 PM

It is too stable to be cashing more, I think the crash has ended, the big sellers collected their money and everyone is past panicking now, the problem is that this happened over the weekend so no new money coming into exchanges except if people with weak hands decides to buy back. otherwise I don't expect any more huge action maybe the actual price +-50.

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

What do you think about mtgox btc actual volume (105,150 currently) ?

I think the volume is low because everyone is just waiting on standby, everyone sellers and buyers (yes I said buyers) want the price to go up, but no one wants to engage first we are all waiting something to happen.

in other words this crash brought some confusion even for the old professional traders, this are my thoughts...

Volume is low Huh

Normally it is around 20 or 30k, it is more than 100k currently.

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

wow annother big dump is happening now ... who said low volume before ? 1000+ BTC was just dumped, here is your volume, yet the price is still at 700

Sitarow

legendary

Activity: 1792

Merit: 1047

Quote from: JimboToronto on December 07, 2013, 02:32:19 PM

Quote from: mmitech on December 07, 2013, 02:21:03 PM

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

You'd think the opposite would be true. After surviving several previous crashes, including the major ones in Jun 2011 and Apr 2013, people should realize that Bitcoin always bounces back stronger than ever.

Most are waiting on sunday to go back in.

MickeyT2008

sr. member

Activity: 350

Merit: 250

This account was recently hacked

From past experience I can say that if you're looking to buy an old car, definitely do not buy a Vauxhall Vectra B DTi, I did and I've never spent so much time owning a car and walking everywhere. The damned thing cost me a fortune even though I'm a mechanic so don't have to pay labour costs. That has to be the worst car I've ever owned, lovely to drive when it worked which is something that it rarely did. Fix one expensive thing and another would break the next week.

Edit: Back on topic, I think I'll hang on to my BTC now, it's usually at this point that I try to do one more trade, and lose everything I made and more too.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: mmitech on December 07, 2013, 02:21:03 PM

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

You'd think the opposite would be true. After surviving several previous crashes, including the major ones in Jun 2011 and Apr 2013, people should realize that Bitcoin always bounces back stronger than ever.

UnDerDoG81

legendary

Activity: 2184

Merit: 1213

Quote from: mmitech on December 07, 2013, 02:25:45 PM

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

I actually own a Golf IV 2000 Model 1.9 TDI with over 280.000 km. I have driven it for 11 years now and the car is saying "please let me go now" Cheesy

Quote from: niothor on December 07, 2013, 02:21:54 PM

I remember some BMW fans saying about the E36 Compact that's a car for the ones that can't afford a BMW.
I wonder what they are saying about the 1 series.

And I think the 1 Coupe series look way better than the E36 compact series.

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: 3KyNoX on December 07, 2013, 02:24:13 PM

Quote from: mmitech on December 07, 2013, 02:21:03 PM

It is too stable to be cashing more, I think the crash has ended, the big sellers collected their money and everyone is past panicking now, the problem is that this happened over the weekend so no new money coming into exchanges except if people with weak hands decides to buy back. otherwise I don't expect any more huge action maybe the actual price +-50.

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

What do you think about mtgox btc actual volume (105,150 currently) ?

I think the volume is low because everyone is just waiting on standby, everyone sellers and buyers (yes I said buyers) want the price to go up, but no one wants to engage first we are all waiting something to happen.

in other words this crash brought some confusion even for the old professional traders, this are my thoughts...

ardana123

hero member

Activity: 504

Merit: 500

Quote from: mmitech on December 07, 2013, 02:25:45 PM

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

Same here, I own a 13 year old Honda Civic since 3 years now. Never had anything break on it, cheap as fuk to drive around in...

Beats me why I would spend hard earned money on a status symbol like a fancy car. Even if I was rich i'd probably go for something midrange than a Ferrari or Porsche...

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: MoreFun on December 07, 2013, 02:24:18 PM

Quote from: mmitech on December 07, 2013, 02:21:03 PM

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

I don't feel that what we have seen these days is a major crash.

1240-600 ? well looks like a crash or correction if you want to call it so

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: mmitech on December 07, 2013, 02:21:03 PM

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

I don't feel that what we have seen these days is a major crash.

3KyNoX

member

Activity: 81

Merit: 10

Quote from: mmitech on December 07, 2013, 02:21:03 PM

It is too stable to be cashing more, I think the crash has ended, the big sellers collected their money and everyone is past panicking now, the problem is that this happened over the weekend so no new money coming into exchanges except if people with weak hands decides to buy back. otherwise I don't expect any more huge action maybe the actual price +-50.

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

What do you think about mtgox btc actual volume (105,150 currently) ?

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