Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I'm not a permabear. I'll switch back as soon as the first block gets mined >1MB.
I understand your sentiment, mine's more like... "I go full bear if we are met with a stonewall in jan 2016".
I could totally see us going down to the lower 300's, even 290's, and testing those levels too.
There was massive dumping at that peak and throughout the 400's, without much rise in shorts. That was hodlers and bullish traders selling, I suspect not all of that is on an outgoing wire at the moment.
The Economist predicts transactions could take over an hour by early next year if there's no change. Are they wrong?
They're not explicitly wrong, but such is life while making guesses based on unpredictable variables. Also, a (premature imo) fee market would allow some user decision on that front.
I read it today. They weren't entirely dismissive of the currency, but they don't seem optimistic. But then they go on to get starry-eyed over the prospect of smart contracts and DAO's. Anyway, I just bought it for the pictures.
He be chillin. Waiting to short from $3500.
Ah, a man of leisure. A day on the water is a day well spent. Bulls of 2014 can do it too.
~ Signal crackles with analog distortion. ~
Today, intrepid young capitalists discuss the merits of depreciating assets, boats and bitcoin... Here's Tom with the weather...
Back in your day we still had water
That time again eh?
The water market is clearly cyclical or something
