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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33893. (Read 26512606 times)

legendary
Activity: 1428
Merit: 1000
This is a correction cause the supposed influx of new money has not been consequent !
donator
Activity: 1722
Merit: 1036
I think $137.5 will likely hold. If not, it is just more coins to the strong hands, and the runup will be that faster..

The cup is now quite tilted to the downside. Expect immediate bounce to about $141.
legendary
Activity: 1148
Merit: 1018
I don't think it's a DDOS...

You really see so many trades to lag the engine? I see a ridiculous amount of trades. If that lags their engine... Wow.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
whoever sold....LAWL! SO FAIL! HAHAHA!  Tongue

I don't see why you're laughing, anyone who sold can now buy more BTC from the proceeds of their sale.

What's to laugh about ?

I sold all of mine at $162 and they're now considerably cheaper so that would be a reasonable gain for me.


When you sell there isn't always a guarantee you get to buy cheaper. lol
legendary
Activity: 2097
Merit: 1070
whoever sold....LAWL! SO FAIL! HAHAHA!  Tongue

I don't see why you're laughing, anyone who sold can now buy more BTC from the proceeds of their sale.

What's to laugh about ?

I sold all of mine at $162 and they're now considerably cheaper so that would be a reasonable gain for me.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
hero member
Activity: 518
Merit: 500
I still don't understand that dump. We were heading for 150.

Don't try to understand it. Just children playin' with their daddy's money.  Prepare for bear tears soon.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
whoever sold....LAWL! SO FAIL! HAHAHA!  Tongue
sr. member
Activity: 434
Merit: 250
I don't think it's a DDOS...
legendary
Activity: 1148
Merit: 1018
It seems DDoS is not so profitable anymore. All weak hands seem to have panicked in the last few weeks. In fact we had huge daily volumes after the correction of April, 10th.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
I love watching millionaires argue over pretend money.
sr. member
Activity: 434
Merit: 250
legendary
Activity: 2772
Merit: 1028
Duelbits.com
hero member
Activity: 672
Merit: 500
I still don't understand that dump. We were heading for 150.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration

Making a long story short: we really need to work on BTC to improve it's infrastructure, it's real economy. There's still a long way to go before being ready for prime time.

With how much exposure its getting from big VC's recently, infrastructure is not far off. Give it 6 months and we will see a massive improvement over where we are now.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
We might not see much activity these days, May 1st is holiday in many countries and here in Bosnia particularly it is a traveling holiday, people move a lot during these days.

Oh damn you Bosnia! This might screw everything up  Cheesy

 

Just don't mess with us and you'll be fine Grin

But on serious side - May 1st is a national holiday in more than 80 countries

PS. I missed that sell off. Good  Grin
legendary
Activity: 1148
Merit: 1018
I think it's also something that has to do with a philosophical point of view.

For me BTC is a way to say f**k off to dirty fiat and financial corporations, it is a way to break the chains of debt money. I think this is one of the main intentions of Satoshi and Co.

But for most of people here BTC means: I have 1,000BTC that costed me 1,000$, and now those BTC are 1,000x$140 = $140K. So their BTC has a value in relation to fiat money, which is something that seems absurd to me.

Personally, I don't want more fiat - I already earn what I need to live working. I want the freedom and the power BTC gives to individuals, thus I want more BTC and I don't really care about it skyrocketing in fiat terms.

I hear you and agree. Totally. (only trade to try to get more BTC).

However a high valuation in terms of fiat is a sign that the world is starting to take bitcoin seriously as money.

I believe the part in bold is true - but anyhow I also believe that the infrastructure is too fragile and the real economy too tiny for BTC to be ready for prime time.

Come on, a decentralized currency with an exchange that controls 80% of the market? They could be making up all the trades, creating an epic pump-and-dump scheme, and nobody could do nothing - all other exchanges just follow Gox's price. Or Gox could be shut down, and that would be a huge and dangerous (although not lethal) hit for BTC.

Making a long story short: we really need to work on BTC to improve it's infrastructure, it's real economy. There's still a long way to go before being ready for prime time.
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
Well that one certainly broke the Bollingers.
donator
Activity: 2772
Merit: 1019
I think it's also something that has to do with a philosophical point of view.

For me BTC is a way to say f**k off to dirty fiat and financial corporations, it is a way to break the chains of debt money. I think this is one of the main intentions of Satoshi and Co.

But for most of people here BTC means: I have 1,000BTC that costed me 1,000$, and now those BTC are 1,000x$140 = $140K. So their BTC has a value in relation to fiat money, which is something that seems absurd to me.

Personally, I don't want more fiat - I already earn what I need to live working. I want the freedom and the power BTC gives to individuals, thus I want more BTC and I don't really care about it skyrocketing in fiat terms.

I hear you and agree. Totally. (only trade to try to get more BTC).

However a high valuation in terms of fiat is a sign that the world is starting to take bitcoin seriously as money.
hero member
Activity: 798
Merit: 1000
Lag back down again. Stabilizing. I wonder if it will be like last week with one large dump every 2 hours or so.


Was thinking exactly the same thing ...
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