Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Sure. Keep telling yourself that everything is looking great and this is anything else than a useless pump and dump coin being raped by traders.

Cannot be raped if we never sell for a loss. If Bitcoin fails than we lose everything but we are willing to take that risk in completing this experiment, otherwise
being a dis-inflationary currency we will eventually see a reversal in 2016 at the latest.

By 2016 nobody is using this useless slow coin anymore. Tons of alt coins out there are better than Bitcoin. And seeing how Bitcoin adoption is greatly slowing down every day there will be no reason to use it anymore by the end 2015.
But go ahead and keep buying thinking we will go the moon. I'll be here to enjoy the show.

If adoption is greatly slowing down every day, why did NYSE, BBVA, and DoCoMo throw away $75 million at a Bitcoin based company in Coinbase?

Seems counter-intuitive for such prominent investors.

Because they don't give a shit about Bitcoin. They invested in a company. If another coin takes over Coinbase will simply switch to that one. Notice how they are called Coinbase and not Bitcoinbase?

If you would stop being so delusional and face the fact that the coins you bought at 800 will always be a loss then you can start thinking clear again and look less like an idiot.