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Showing 20 of 30 results by Warren Buffett
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 26/04/2015, 17:11:51 UTC
In your dreams..
We won't go back up that much till the next dump , followed by another dump... and so on
The guys doing this love this area (probably fits their funding) and won't risk losing control over the market

Who are they, and what are they doing?
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 26/04/2015, 17:02:19 UTC
Where's the party?

Why is every bitcoin believer suffering right now? You should be happy. Cheap coins, remember.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 14/04/2015, 12:26:23 UTC
Most people want to get rid of their bag now, as the price decline is demonstrating. The music stopped about a year ago; the time to sell was back then, but it's not too late. Better $220 than $0.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 14/04/2015, 08:01:03 UTC

I dont think well go to below  $ 170 , even if it can go , it cant stay there for a week and will back to $ 200.

Plenty of people said a few months ago that 'even if we go below $275, we'll be back to 300 in no time."


Wake up.
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Topic OP
Expectations built into the price
by
Warren Buffett
on 14/04/2015, 06:41:08 UTC
I noticed that the price was going down today, so I googled 'bitcoin speculation' to go on this forum to read people's opinions. Then I saw this and actually loled irl:


http://i60.tinypic.com/4zxpmx.png


This is the kind of deranged hopes and dreams that are built into the current price. It makes me think that the worst of this bear market is yet to come.


TL;DR: Sell your bag ASAP.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 11/04/2015, 18:52:47 UTC
Even though I'm not a socialist myself I think it probably would be healthy for them to have a proper and visible socialist party influencing society.

Yeah, because socialism is a positive influence. No wonder Americans don't like you, faget.
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Re: panic kicking in, sub 200 by friday
by
Warren Buffett
on 11/04/2015, 12:35:00 UTC
Just making the obvious point that unless it was you market selling 20,000 coins last week, which I assume it is not, then you have no idea which direction the price will move, let alone the nature of the future market movements.

That applies to you as well, but that doesn't stop you from making price predictions.
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Re: I have USD 2000 to invest. Should I buy Bitcoins or gold?
by
Warren Buffett
on 30/03/2015, 07:09:40 UTC
Clearly Bitcoins have a great chance to double, triple, or more in less than a year. Gold will not do that well.

Bitcoins have a great chance to be worth half, one third, or less a year from now. Gold will probably not do that bad.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 30/03/2015, 03:30:32 UTC
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Re: looks like ISIS is fundraising with Bitcoin
by
Warren Buffett
on 30/01/2015, 22:17:57 UTC
Selling drugs, financing terrorism, scamming people... you kids are really making the world a better place.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 30/01/2015, 21:55:06 UTC
With their currencies tanking, why aren't Greeks and Russians buying more bitcoins?

Because a tulip scheme is not better than a bad currency.
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Topic OP
Bullish? - Hammer-wielding Bitcoin trader brutally bludgeons roomate to death
by
Warren Buffett
on 14/01/2015, 22:31:25 UTC
Can't make this shit up. First rpietila is put in a mental institution, and now this. Bitcoiners are losing it.

https://www.youtube.com/watch?v=EZ3hx3oS8fI

Losing money on tulip ponzi scams is not an excuse to kill people.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 14/01/2015, 18:34:05 UTC
Guess which coin is pumpin'



For a moment, coinmarketcap showed ripple up 22%, now it's back down. Weird.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 14/01/2015, 18:27:46 UTC
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 14/01/2015, 17:09:15 UTC
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 14/01/2015, 16:06:35 UTC
Wowie. This is a big thread. I have a question or two. I see there are thousands of alternate block chains cluttering cyberspace, so what's so special about Bitcoin and why should I support it instead of the others?

"Because of the infraestructure that btc already has"

This is what btc permabulls believe.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 14/01/2015, 13:38:44 UTC
We are not in 2011.
It's not the same
Boy, what a compelling argument. I guess we can throw all of technical analysis into the trash, seeing as how the present is never at any point of the past. Shocked

Yes, we can, and we should.

 "I realized technical analysis didn't work when I turned the charts upside down and didn't get a different answer" - Warren Buffett
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Re: rpietila Wall Observer - the Quality TA Thread ;)
by
Warren Buffett
on 14/01/2015, 12:48:17 UTC
(...)
About 0.2% of the bitcoin existing is dumped in the exchanges, making the price go down. The magnitude of the move is such that in my opinion, the most feasible scenario is that a large OTC deal has been pegged to the future price in the exchanges, and the buyer (having lots of BTC already), has an incentive to cause the price to go down by outright sales, and also strategic dumping with the exception to buy back lower.
(...)


The most feasible scenario is that people are starting to realize that a 7 TPS internet funny money pushed by scammers has zero chances of going global, which is what is necessary to sustain this price: the belief that that it will compete with the big boys ($, €, etc) some day.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 13/01/2015, 23:14:22 UTC
http://oi60.tinypic.com/nv8e37.jpg

gee, I wonder what's in store for us tomorrow
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Warren Buffett
on 13/01/2015, 12:21:30 UTC
This is what you get with unregulated markets. It has nothing to do with Bitcoin. If the stock markets were unregulated like this, it would destroy our civilization.

No, no, no. Don't blame this on "unregulated markets". The fact that it's unregulated is not the source of this turmoil.

You're losing money because you put money into something that did not deserve it. This thing is not worth $200, and the market is just figuring it out.

History books will teach that after the dotcom bubble of the late 1990s, there was an even more irrational bubble: the crypto bubble, where people threw millions of dollar at hundreds of scamcoins, with btc at its head.

Ripple will be the Microsoft of this bubble, the one true winner.