Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32794.

nmersulypnem

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Activity: 238

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Quote from: seleme on July 01, 2013, 03:47:50 PM

Don't quite agree, bubble brought loads of publicity bitcoin wouldn't get otherwise so it was good thing. Some got burned, some came to stay.

And crash is not problem or correction or whatever we call it, I'm talking about people being happy and pushing for it. Like Blitz for example - moderator on main bitcoin forum, just look at his posts since he sold. He was nowhere to be seen here but last few days can't stop posting same stuff..

Kinda lame but I guess that's how it is..

Best thing for a currency is stability.

nmersulypnem

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Activity: 238

Merit: 100

Quote from: seleme on July 01, 2013, 03:27:52 PM

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time Undecided

The problem is that since there is a fixed amount of BTC, it incentivizes people to hoard it. Which then causes them to panic dump it when the price falls. What we need is a cryptocurrency with enough inflation to deincentive saving (hording).

seleme

legendary

Activity: 2772

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Duelbits.com

Don't quite agree, bubble brought loads of publicity bitcoin wouldn't get otherwise so it was good thing. Some got burned, some came to stay.

And crash is not problem or correction or whatever we call it, I'm talking about people being happy and pushing for it. Like Blitz for example - moderator on main bitcoin forum, just look at his posts since he sold. He was nowhere to be seen here but last few days can't stop posting same stuff.. If crash is something that is supposed to happen, I really don't think long time Bitcoin backers should publicly be happy about it, it's an awful thing to read by some noob who's considering going into cryptocurrency.

Kinda lame but I guess that's how it is..

barbs

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Activity: 854

Merit: 1000

Quote from: Frozenlock on July 01, 2013, 03:40:16 PM

Quote from: Richy_T on July 01, 2013, 03:38:08 PM

Quote from: seleme on July 01, 2013, 03:27:52 PM

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time Undecided

It's just the bubble deflating. I hope it doesn't have much farther to go but any damage was done months ago. Now we need to get to where we should be and let the other parts of the economy build what they need to.

Yup, that's like booms induced by artificially low interest rates.
The problem isn't the crash coming after, it's the boom.

One thing i've learned over the past few months here is most people on this forum don't know what they're talking about, and reading this fud does more harm than good. There is still opportunity to make money and have fun trading btc today.

Frozenlock

sr. member

Activity: 434

Merit: 250

Quote from: Richy_T on July 01, 2013, 03:38:08 PM

Quote from: seleme on July 01, 2013, 03:27:52 PM

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time Undecided

It's just the bubble deflating. I hope it doesn't have much farther to go but any damage was done months ago. Now we need to get to where we should be and let the other parts of the economy build what they need to.

Yup, that's like booms induced by artificially low interest rates.
The problem isn't the crash coming after, it's the boom.

Dalib

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Activity: 462

Merit: 101

A Top Web 3 Gaming Layer2 Provider

Quote from: QuestionAuthority on July 01, 2013, 03:33:35 PM

God, I'm tired of watching this! Someone just PM me when it's time to buy. lol

ok when we have bought, we'll send PM you to, you bought from us. LOL Wink

N12

donator

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Bears are omnivores and can eat pigs.

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: seleme on July 01, 2013, 03:27:52 PM

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time Undecided

It's just the bubble deflating. I hope it doesn't have much farther to go but any damage was done months ago. Now we need to get to where we should be and let the other parts of the economy build what they need to.

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: Frozenlock on July 01, 2013, 03:14:40 PM

For those wondering where the common bitcoiner stands:

http://www.reddit.com/r/Bitcoin/comments/1hfxt6/mt_gox_breaks_90_bottom_speculation_from_here/

Quote

hard to say. Someone earlier said with all the good news why is bitcoin still crashing? Maybe the early adopters are dumping all their coins again. Speculators are panic selling in response?

Don't know why they wouldn't have been getting out at 150+ on the way up to 266. Greed maybe?

QuestionAuthority

legendary

Activity: 2156

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You lead and I'll watch you walk away.

God, I'm tired of watching this! Someone just PM me when it's time to buy. lol

barbs

hero member

Activity: 854

Merit: 1000

I just made my btc position better by 5 BTC

humanitee

hero member

Activity: 1302

Merit: 502

Still holding like a pro.

Will be an interesting week.

Jaroslaw

member

Activity: 84

Merit: 10

supernode

Quote from: wonkytonky on July 01, 2013, 03:29:07 PM

common .. selll goddamit.. fill my bids

make some higer bid n00b like 5k wall and i will sell you instant

wonkytonky

sr. member

Activity: 411

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common .. selll goddamit.. fill my bids

seleme

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Duelbits.com

Well, I understand we all want to make our bitcoin positions better but it's still sad to see what we've became.. we supposedly want bitcoin to be mass adapted yet we are happy it's crashing and people losing belief in it..

Greed is some bad bastard, it could break our heads at some time Undecided

sarc

member

Activity: 98

Merit: 10

just thinking about the process of getting butthurt and then smelling of fear...unpleasant imagery.

...glad it's not me Grin

.

tarmi

legendary

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Merit: 1011

aaand its gone.

21:26:03 91.00000 411.6367

Rampion

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Quote from: Richy_T on July 01, 2013, 03:21:49 PM

Quote from: adamstgBit on July 01, 2013, 01:47:39 PM

hash rate continues to rise...

bitcoin will probably be able compute the meaning of the universe soon .

Make sure your towel is handy.

Yeah, there are some plastic covers for the keyboard that do wonders to avoid damage and stickiness

Cheesy

blackreplica

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One more big selloff and the streak of higher lows end. A terrible omen for the future

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: adamstgBit on July 01, 2013, 01:47:39 PM

hash rate continues to rise...

bitcoin will probably be able compute the meaning of the universe soon .

Make sure your towel is handy.

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