Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31611.

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: traderCJ on November 30, 2013, 06:52:38 PM

Quote from: rpietila on November 30, 2013, 06:00:04 PM

When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.

Are you being serious? A crash is precisely what 90% of this forum wants. How many times have I heard people screaming for "cheap coins"? It's a sign that we all want more coins (faith in BTC's future) but we feel like we didn't quite get enough of them at the price we wanted .. ($0.01)

i choose no sides, but people seem to want a crash to something in the 100's or 200's. at least that's most of what i've seen... which is unreasonable.

traderCJ

sr. member

Activity: 280

Merit: 250

Quote from: rpietila on November 30, 2013, 06:00:04 PM

When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.

Are you being serious? A crash is precisely what 90% of this forum wants. How many times have I heard people screaming for "cheap coins"? It's a sign that we all want more coins (faith in BTC's future) but we feel like we didn't quite get enough of them at the price we wanted .. ($0.01)

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

Quote from: Vycid on November 30, 2013, 06:41:23 PM

Quote from: windjc on November 30, 2013, 06:38:19 PM

Quote from: Vycid on November 30, 2013, 06:34:18 PM

Quote from: rpietila on November 30, 2013, 06:00:04 PM

When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.

I think you're not understanding the situation of the average forum-goer.

For me (and I would assume many others on this forum) Bitcoin has made itself the majority of my portfolio.

Considering you are the one that goes on about "80%" investment in Bitcoin, you should understand why I am not inclined to continue buying with fiat beyond 90% (although I have considered it!).

As always most of the money coming into the system is not from individuals already on the forum, simply because we do not have much more money to spend in relation to our bitcoin holdings!

I agree. The argument that most or a large part of the new money is "additional" investment is probably his weakest argument.

LOOK AROUND - bitcoin news is one of the largest trending financial news story of the last month IN THE WORLD. Yes, the entire world. Probably top 10 financial new stories this last month.

A small % of the 6.5 billion humans on the planet that were not early adopters are investing in bitcoin. That is where the new money is coming from.

More new money is coming in next week by the way. Which is why the market will continue to go up next week too. This is not rocket science guys.

Right. The point has been made - Bitcoin can hit 10k per coin without passing Facebook's market cap.

Ask yourself which one has more potential and you will start to see things a bit more clearly. Everyone understands what Facebook is; not everyone understands what Bitcoin is (or has even heard of it)!

This is changing. Rapidly. Today or tomorrow there will be a big news story about that kid with the "Hi Mom! Send Bitcoin" sign on ESPN game day - and the thousands of dollars that poured in from all over the world from just a QR code on TV.

That will be the first realization for most folks of what Bitcoin is capable of.

Mark my words, this is just starting.

LOL.. likewise (bold).

Reminds me of back in July. Me and some old college friends ("brahs") were hanging out in Florida as a sort of reunion. We're all mid-20s still. I brought up Bitcoin at one point because I was so enthusiastic and excited about it. The guys kept fcking with me for it the rest of the trip. I'm a good sport though, and can laugh at myself.. so it was all in good fun. Inside though, I knew I'd get the last hearty laugh. Cheesy

Silence now..

15x return so far on the "fake money", and no interest in selling.

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: windjc on November 30, 2013, 06:38:19 PM

Quote from: Vycid on November 30, 2013, 06:34:18 PM

Quote from: rpietila on November 30, 2013, 06:00:04 PM

When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.

I think you're not understanding the situation of the average forum-goer.

For me (and I would assume many others on this forum) Bitcoin has made itself the majority of my portfolio.

Considering you are the one that goes on about "80%" investment in Bitcoin, you should understand why I am not inclined to continue buying with fiat beyond 90% (although I have considered it!).

As always most of the money coming into the system is not from individuals already on the forum, simply because we do not have much more money to spend in relation to our bitcoin holdings!

I agree. The argument that most or a large part of the new money is "additional" investment is probably his weakest argument.

LOOK AROUND - bitcoin news is one of the largest trending financial news story of the last month IN THE WORLD. Yes, the entire world. Probably top 10 financial new stories this last month.

A small % of the 6.5 billion humans on the planet that were not early adopters are investing in bitcoin. That is where the new money is coming from.

More new money is coming in next week by the way. Which is why the market will continue to go up next week too. This is not rocket science guys.

Right. The point has been made - Bitcoin can hit 10k per coin without passing Facebook's market cap.

Ask yourself which one has more potential and you will start to see things a bit more clearly. Everyone understands what Facebook is; not everyone understands what Bitcoin is (or has even heard of it)!

This is changing. Rapidly. Today or tomorrow there will be a big news story about that kid with the "Hi Mom! Send Bitcoin" sign on ESPN game day - and the thousands of dollars that poured in from all over the world from just a QR code on TV.

That will be the first realization for most folks of what Bitcoin is capable of.

Rpietila can afford to sell some coins, because if Bitcoin leaves him behind he has a fucking castle. The rest of us cannot afford to sell.

Mark my words, this is just starting.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: Vycid on November 30, 2013, 06:34:18 PM

Quote from: rpietila on November 30, 2013, 06:00:04 PM

When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.

I think you're not understanding the situation of the average forum-goer.

For me (and I would assume many others on this forum) Bitcoin has made itself the majority of my portfolio.

Considering you are the one that goes on about "80%" investment in Bitcoin, you should understand why I am not inclined to continue buying with fiat beyond 90% (although I have considered it!).

As always most of the money coming into the system is not from individuals already on the forum, simply because we do not have much more money to spend in relation to our bitcoin holdings!

I agree. The argument that most or a large part of the new money is "additional" investment is probably his weakest argument.

LOOK AROUND - bitcoin news is one of the largest trending financial news story of the last month IN THE WORLD. Yes, the entire world. Probably top 10 financial new stories this last month.

A small % of the 6.5 billion humans on the planet that were not early adopters are investing in bitcoin. That is where the new money is coming from.

More new money is coming in next week by the way. Which is why the market will continue to go up next week too. This is not rocket science guys.

EDIT: by the way, if anyone doubts this obvious reality, check out the original holdings of SecondMarket and compare to their holding now, two months later. Hint, it's up almost 6 fold.

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: rpietila on November 30, 2013, 06:00:04 PM

When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.

I think you're not understanding the situation of the average forum-goer.

For me (and I would assume many others on this forum) Bitcoin has made itself the majority of my portfolio.

Considering you are the one that goes on about "80%" investment in Bitcoin, you should understand why I am not inclined to continue buying with fiat beyond 90% (although I have considered it).

As always most of the money coming into the system is not from individuals already on the forum, simply because we do not have much more money to spend in relation to our bitcoin holdings!

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: rpietila on November 30, 2013, 06:00:04 PM

When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.

If it goes to 2k and sets up a correction situation and I sell, yes, absolutely I would buy back at 1k. Also, if looking at the history of BTC, if I had fresh capital I would DEFINITELY invest at 1, because BTC has always and will always (for a while) retrace its previous highs. So by going to 2k, its proof to me that it will go back to 2k. Kind of like muscle memory.

So 1k would be a better investment then than even now, imo.

DDreez

newbie

Activity: 20

Merit: 0

Quote from: Voodah on November 30, 2013, 04:01:06 PM

Is there anyone here who's been able to withdraw through SEPA from Gox? If so, how long did it take?

Got on e through earlier this week that had taken about six weeks.

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

Movement north, followed by a brief "aha" relief. Now everyone is watching.

Basically (NSFW):
http://stream1.gifsoup.com/webroot/animatedgifs1/3170507_o.gif

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: rpietila on November 30, 2013, 06:00:04 PM

When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.

When my money was new, the April crash was a relief, and I bought as quick as I could. I had been watching (waiting, doh!) and learning early in the year, and looking for the best way to buy in March, then sh!t when crazy and I though I had missed the ~~boat~~ train the first week of April. Even still it was almost 2 weeks after the peak before funds/verification cleared to get started. I don't think we've seen the top of this rally, but when we have, any resulting dip/drop should be a signal for those who have spent the last month with their mouths open. If they don't believe BTC is going much, much higher, they probably won't be in at any price until they have to, to transact business.
As you have posted repeatedly, waiting is a losing idea with bitcoin, and there is more positive data than ever for those who care to research it.

maz

full member

Activity: 140

Merit: 100

Quote from: freethink2013 on November 30, 2013, 05:52:39 PM

I'm just going to put this out there...Anything below 5k is a bargain.

I've come to the conclusion you are just a bull-troll.

rpietila

donator

Activity: 1722

Merit: 1036

When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.

freethink2013

full member

Activity: 224

Merit: 100

Quote from: wachtwoord on November 30, 2013, 05:54:27 PM

Quote from: freethink2013 on November 30, 2013, 05:52:39 PM

I'm just going to put this out there...Anything below 5k is a bargain.

Thanks for your random number

It's not a random number. People are emotionally and psychologically invested in numbers. 100, 200, 250, 500, 750, 1000, 1500,2000 etc....5k

If you follow the charts everytime we approach or go past one of these numbers we waiver, Last big crash was at 266. Really it was about 250.

I was the guy saying anything under 300 is a bargain a couple(?) of weeks ago.

wachtwoord

legendary

Activity: 2338

Merit: 1136

Quote from: freethink2013 on November 30, 2013, 05:52:39 PM

I'm just going to put this out there...Anything below 5k is a bargain.

Thanks for your random number

freethink2013

full member

Activity: 224

Merit: 100

I'm just going to put this out there...Anything below 5k is a bargain.

italeffect

sr. member

Activity: 255

Merit: 250

With he new buy/sell interface on Gox does anyone know if there is still the info that says what your current trading fee and 30 day volume is (and by extension how much volume you need to move down to the next lowest fee)? I can't find it anywhere. With the last no fee period on Gox I was able to get to trade enough to get way down and then stay there for the next 30 days once the fee resumed. Now I can't seem to tell.

philip2000uk

sr. member

Activity: 276

Merit: 250

Keiser report, dunno if it's got any bitcoin in it (just opened it, probably does lol) something to watch for the weekend
http://www.youtube.com/watch?v=jbdI4FBwMSE

adsdas

sr. member

Activity: 337

Merit: 250

https://streamies.io/

soon we're going up wohoo!

Nemesis

sr. member

Activity: 462

Merit: 250

Quote from: Voodah on November 30, 2013, 04:00:11 PM

Goat what's your your price target for LTC at New Year's ?

$100....

TiagoTiago

hero member

Activity: 616

Merit: 500

Firstbits.com/1fg4i :)

Quote from: Voodah on November 30, 2013, 04:01:06 PM

Is there anyone here who's been able to withdraw through SEPA from Gox? If so, how long did it take?

I remember reading someone recently saying it took about 2 weeks, but my memory isn't all that trustworthy; probably better wait for a less second-hand answer to your question...

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