Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 32955. (Read 26467275 times)

Quote from: adamstgBit on June 15, 2013, 12:22:04 PM

To me, it looks like it is going down now.. Many of the bulls think speculatively that by selling now, it is easy to buy back later. While this thinking is wishful (not all of them can buy the coins back - sub-100 or even at all(!!)), it is enough to take the price down in a long slide to around $50.

Only the growing usage will save bitcoin now. It may take months before it catches up. We are 2 months to the bear market now, I would not be surprised for 2 more months. 4 more would be a surprise.

Don't sell your coins. In 2011 only the ones lost who sold. I bought about BTC5000 then from somebody who could have held onto his treasure but chose to throw it away for a pittance. Read my threads (links in the sig). Don't sell.

You can't be sure the guy who sold you 5000 Bitcoin didn't buy double that back at the bottom.

Maybe he did, but not in a lump sum so there isn't a rally? It makes sense for him to keep the downtrend going until he is almost out of fiat.

Yeah, somebody did buy thousands of coins at the final capitulation.

If there is one in the coming weeks, be sure to have your $$ ready. You're given one chance (if any). Even though I feel bearish, I still know the only sure way to get fiat out Mt.Gox is to buy bitcoins with it. So all the money is still there, and (real) asks are disappearing.

My bearishness is also partly because of my living condition.

you're a bear now Huh

wtf did they do? Cry

lol

MtGox can do wire transfer to anywhere in the world including US

people are selling because they are scared

And so they should be, because of the size of the post-bubble correction coming.

In the words of the inimitable George Bush Jnr "fool me once, shame on me, fool me twice....doh!" Cheesy

wachtwoord

legendary

Activity: 2324

Merit: 1125

you're a bear now Huh

wtf did they do? Cry

lol

MtGox can do wire transfer to anywhere in the world including US

people are selling because they are scared

Indeed. They assimilated rpietila! Bastards!

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: 10c on June 15, 2013, 12:34:24 PM

Quote from: adamstgBit on June 15, 2013, 12:22:04 PM

you're a bear now Huh

wtf did they do? Cry

lol

MtGox can do wire transfer to anywhere in the world including US

people are selling because they are scared

mmm good luck with that.
I made a withdrawal pre bubble burst and have yet to receive funds....

I made at least 3 reasonably big withdrawals (5 figures each) post bubble burst and I received the money in 2/3 days. SEPA transfers. In that sense Gox works like a charm for me, I guess that being fully verified and having requested to have the higher limits help?

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: adamstgBit on June 15, 2013, 12:22:04 PM

MtGox can do wire transfer to anywhere in the world including US

I think this only represents a smaller number of all Gox users, but according to the MtGox withdrawal delays [Gathering] thread cashing out isn't that smooth at all.

10c

full member

Activity: 658

Merit: 100

BuyAnyLight - Blockchain LED Marketplace

Quote from: adamstgBit on June 15, 2013, 12:22:04 PM

you're a bear now Huh

wtf did they do? Cry

lol

MtGox can do wire transfer to anywhere in the world including US

people are selling because they are scared

mmm good luck with that.
I made a withdrawal pre bubble burst and have yet to receive funds....

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: rpietila on June 15, 2013, 11:43:01 AM

Quote from: lucas.sev on June 15, 2013, 11:57:08 AM

To me, it looks like it is going down now.. Many of the bulls think speculatively that by selling now, it is easy to buy back later. While this thinking is wishful (not all of them can buy the coins back - sub-100 or even at all(!!)), it is enough to take the price down in a long slide to around $50.

Only the growing usage will save bitcoin now. It may take months before it catches up. We are 2 months to the bear market now, I would not be surprised for 2 more months. 4 more would be a surprise.

Don't sell your coins. In 2011 only the ones lost who sold. I bought about BTC5000 then from somebody who could have held onto his treasure but chose to throw it away for a pittance. Read my threads (links in the sig). Don't sell.

You can't be sure the guy who sold you 5000 Bitcoin didn't buy double that back at the bottom.

Maybe he did, but not in a lump sum so there isn't a rally? It makes sense for him to keep the downtrend going until he is almost out of fiat.

Yeah, somebody did buy thousands of coins at the final capitulation.

If there is one in the coming weeks, be sure to have your $$ ready. You're given one chance (if any). Even though I feel bearish, I still know the only sure way to get fiat out Mt.Gox is to buy bitcoins with it. So all the money is still there, and (real) asks are disappearing.

My bearishness is also partly because of my living condition.

you're a bear now Huh

wtf did they do? Cry

lol

MtGox can do wire transfer to anywhere in the world including US

people are selling because they are scared

Jozzaboy

member

Activity: 98

Merit: 10

Quote from: Jozzaboy on June 15, 2013, 11:54:41 AM

This sounds market bullish, be still my beating heart for things are back to normal Wink

Drop the price to 99 again and I'll purchase 20k USD of bitcoins.

Quite a claim to make, you don't have to prove anything but it would be cool to see some proof that you actually bought 200BTC once we touch 99.

Not really the point. This was more a reference to investment advice from our resident supernode in a different thread. Besides, posting any financial or investment accounts on public forum strictly for bragging rights is plain silly. I couldn't even show you a single wallet as I split my coins between them in case of an attack.

Here is the wallet I use to play Bitvegas with if you like: 19SrbiDqiLiv9hUD39LZReNUHHga1LRcrM

ChartBuddy

legendary

Activity: 2268

Merit: 1782

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: Jozzaboy on June 15, 2013, 11:54:41 AM

This sounds market bullish, be still my beating heart for things are back to normal Wink

Drop the price to 99 again and I'll purchase 20k USD of bitcoins.

Quite a claim to make, you don't have to prove anything but it would be cool to see some proof that you actually bought 200BTC once we touch 99.

Jozzaboy

member

Activity: 98

Merit: 10

Quote from: rpietila on June 15, 2013, 11:43:01 AM

To me, it looks like it is going down now.. Many of the bulls think speculatively that by selling now, it is easy to buy back later. While this thinking is wishful (not all of them can buy the coins back - sub-100 or even at all(!!)), it is enough to take the price down in a long slide to around $50.

Only the growing usage will save bitcoin now. It may take months before it catches up. We are 2 months to the bear market now, I would not be surprised for 2 more months. 4 more would be a surprise.

Don't sell your coins. In 2011 only the ones lost who sold. I bought about BTC5000 then from somebody who could have held onto his treasure but chose to throw it away for a pittance. Read my threads (links in the sig). Don't sell.

You can't be sure the guy who sold you 5000 Bitcoin didn't buy double that back at the bottom.

Maybe he did, but not in a lump sum so there isn't a rally? It makes sense for him to keep the downtrend going until he is almost out of fiat.

Yeah, somebody did buy thousands of coins at the final capitulation.

If there is one in the coming weeks, be sure to have your $$ ready. You're given one chance (if any). Even though I feel bearish, I still know the only sure way to get fiat out Mt.Gox is to buy bitcoins with it. So all the money is still there, and (real) asks are disappearing.

My bearishness is also partly because of my living condition.

This sounds market bullish, be still my beating heart for things are back to normal Wink

Drop the price to 99 again and I'm all in on fiat

rpietila

donator

Activity: 1722

Merit: 1036

To me, it looks like it is going down now.. Many of the bulls think speculatively that by selling now, it is easy to buy back later. While this thinking is wishful (not all of them can buy the coins back - sub-100 or even at all(!!)), it is enough to take the price down in a long slide to around $50.

Only the growing usage will save bitcoin now. It may take months before it catches up. We are 2 months to the bear market now, I would not be surprised for 2 more months. 4 more would be a surprise.

Don't sell your coins. In 2011 only the ones lost who sold. I bought about BTC5000 then from somebody who could have held onto his treasure but chose to throw it away for a pittance. Read my threads (links in the sig). Don't sell.

You can't be sure the guy who sold you 5000 Bitcoin didn't buy double that back at the bottom.

Maybe he did, but not in a lump sum so there isn't a rally? It makes sense for him to keep the downtrend going until he is almost out of fiat.

Yeah, somebody did buy thousands of coins at the final capitulation.

If there is one in the coming weeks, be sure to have your $$ ready. You're given one chance (if any). Even though I feel bearish, I still know the only sure way to get fiat out Mt.Gox is to buy bitcoins with it. So all the money is still there, and (real) asks are disappearing.

My bearishness is also partly because of my living condition.

strawbs

legendary

Activity: 868

Merit: 1340

Quote from: ?? on ??

Yes, I just did the same ...
And now it's time for me to admit that I am wrong !
Oops ... apologies for being patronising - that misconception was firmly rooted in my head

Respect for the honesty

Nice one

Jozzaboy

member

Activity: 98

Merit: 10

Quote from: Miz4r on June 15, 2013, 10:11:16 AM

To me, it looks like it is going down now.. Many of the bulls think speculatively that by selling now, it is easy to buy back later. While this thinking is wishful (not all of them can buy the coins back - sub-100 or even at all(!!)), it is enough to take the price down in a long slide to around $50.

Only the growing usage will save bitcoin now. It may take months before it catches up. We are 2 months to the bear market now, I would not be surprised for 2 more months. 4 more would be a surprise.

Don't sell your coins. In 2011 only the ones lost who sold. I bought about BTC5000 then from somebody who could have held onto his treasure but chose to throw it away for a pittance. Read my threads (links in the sig). Don't sell.

You can't be sure the guy who sold you 5000 Bitcoin didn't buy double that back at the bottom.

Maybe he did, but not in a lump sum so there isn't a rally? It makes sense for him to keep the downtrend going until he is almost out of fiat.

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: ?? on ??

Ok I'm looking at that chart. It confirms what I said. And now?

Yes, I just did the same ...
And now it's time for me to admit that I am wrong !
Oops ... apologies for being patronising - that misconception was firmly rooted in my head

Moving swiftly on after being schooled ...

It's an odd measure ... gotta go away and get my head round what that actually means in absolute terms rather than trends

LOL that gif is priceless. Grin

And thanks for being honest and admit you were wrong, not many are able to do that on a public forum. You have my respect for that.

samson

legendary

Activity: 2097

Merit: 1070

Quote from: Jozzaboy on June 15, 2013, 10:52:48 AM

To me, it looks like it is going down now.. Many of the bulls think speculatively that by selling now, it is easy to buy back later. While this thinking is wishful (not all of them can buy the coins back - sub-100 or even at all(!!)), it is enough to take the price down in a long slide to around $50.

Only the growing usage will save bitcoin now. It may take months before it catches up. We are 2 months to the bear market now, I would not be surprised for 2 more months. 4 more would be a surprise.

Don't sell your coins. In 2011 only the ones lost who sold. I bought about BTC5000 then from somebody who could have held onto his treasure but chose to throw it away for a pittance. Read my threads (links in the sig). Don't sell.

You can't be sure the guy who sold you 5000 Bitcoin didn't buy double that back at the bottom.

ChartBuddy

legendary

Activity: 2268

Merit: 1782

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

dexX7

legendary

Activity: 1106

Merit: 1026

To me, it looks like it is going down now.. Many of the bulls think speculatively that by selling now, it is easy to buy back later. While this thinking is wishful (not all of them can buy the coins back - sub-100 or even at all(!!)), it is enough to take the price down in a long slide to around $50.

Only the growing usage will save bitcoin now. It may take months before it catches up. We are 2 months to the bear market now, I would not be surprised for 2 more months. 4 more would be a surprise.

Don't sell your coins. In 2011 only the ones lost who sold. I bought about BTC5000 then from somebody who could have held onto his treasure but chose to throw it away for a pittance. Read my threads (links in the sig). Don't sell.

Our perma-bull is feeling bearish. I feel odd, like a terror has gripped my very bones. Sold 20% of all bitcoins, heres hoping I can short.

Same thoughts. Sad to hear, as I loved those ultra bullish bold predictions.

rpietila, why do you come up with this conclusion now? Nothing fundamental has changed and the only argument one could come up would be "we didn't skyrock already, that's why".

Jozzaboy

member

Activity: 98

Merit: 10