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

[magicmexican]

weird to see huobi on 0 volume and btc-e deciding "fuck it, i am going yolo mode trading"

[1714962761]

1714962761

[1714962761]

1714962761

[1714962761]

1714962761

[rpietila]

you are sooo full of shit! =) ^i'll sell you as many as you want@ $389!

I doubt you have BTC100 considering your posting history, but just in case I'm mistaken, send as many as you like here and PM your wire info. Price is the Bitstamp last trade for each of the transfers.

[BBmodBB]

your first prediction of flash crash to 400 was right but your second prediction on the reversal was and is wrong, you have been calling a reversal from 550 all the way down to $400, sadly we broke that 400.

now there is 2 scary facts, China is really closing accounts on the 15th of April and this is confirmed, now Australia will be closing all Bitcoin business related accounts on the 2nd of may; now  it is unclear for me how there is a chance of a reversal !! till then, I don't know if we reached the bottom yet...

My approach to predictions: If I make a 50/50 prediction, I aim to be "right" exactly 50% of the time. If I make 70/30 (that was perhaps my feeling after the Feb-25 crash) I still need to be "wrong" every third time, otherwise I am playing too safe. If you don't understand this, better not listen to me at all.

Rational investors discount the future to the present, and all information commonly available is already priced in. Now, Bitcoin is very far from an efficient market, and therefore there is a mispricing going on. I am moving funds to exchange if nothing else helps to correct/profit from the situation. I think this is the biggest reason why the reversal/recovery is sluggish: whales like me are scared as hell to send the million$ back to exchanges, no matter if they were originally earned by selling bitcoins or if it is new money. It is the shadow of Gox again.

Please somebody sell me bitcoins at $389, off-exchange, BTC100 minimum. Please.

you are sooo full of shit! =) ^i'll sell you as many as you want@ $389!

I'll buy 100BTC from you off exchange.

where are you located ~ i'm in California ! =)

[billyjoeallen]

its pretty funny to see asia above stamp lool

It happened all the time with Gox. Huobi is dying. The light bulb burns brighter before going out.

[BBmodBB]

you are sooo full of shit! =) ^i'll sell you as many as you want@ $389!

I doubt you have BTC100 considering your posting history, but just in case I'm mistaken, send as many as you like here and PM your wire info. Price is the Bitstamp last trade for each of the transfers.

cash talks shit walks!!! =) it's me fucker, i'm calling you out on your bullshit(->just like the $700 BTC you re-nigged on)




SHOW ME THE MONEY!!!!

[ChartBuddy]

Explanation

[cbeast]

389 is exactly 1/3 of the ath.

[billyjoeallen]

Hmmmm. No mad scramble to buy $375 coins on BTC-e and arb them. Could it be that they would lose money by the time they transferred them to Stamp?

[MANofthePEOPLE]

hm why is btc-e going full retard

traders on btc-e are a little more emotional and have more happy trigger fingers than on bitstamp/bitfinex.

Funny. Isn't this the first time in all the big downswings that btc-e is actually below stamp?

[yefi]

Bitstamp´s small orderbook will be wrecked in the next hours. I can´t see us going down slowly anymore.
After 380$ is done the floodgates will be opened and we will probably see some real huge red candles.
I think we might get near the real bottom in the next 2-3 days, wherever that is.
70-80$ eventually will hold!  

My guess is a bottom higher than this. My eye has been on $200 since the bubble, if only as a psychological barrier and one where sufficient 'compaction' would occur.

A break below the Silk Road bust of $85 would seem to nullify the entire rise and presage lower lows. I'd imagine obituaries being written.

[cbutters]

Why the Winklevii not save us?

[magicmexican]

http://online.wsj.com/news/articles/SB10001424052702303873604579493901002691642?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303873604579493901002691642.html


Gox is back?

[fonzie]

Bitstamp´s small orderbook will be wrecked in the next hours. I can´t see us going down slowly anymore.
After 380$ is done the floodgates will be opened and we will probably see some real huge red candles.
I think we might get near the real bottom in the next 2-3 days, wherever that is.
70-80$ eventually will hold!  

My guess is a bottom higher than this. My eye has been on $200 since the bubble, if only as a psychological barrier and one where sufficient 'compaction' would occur.

A break below the Silk Road bust of $85 would seem to nullify the entire rise and presage lower lows. I'd imagine obituaries being written.

I also think that we might settle somewhere between 130 - 200$ , but  a short flash crash to below 100$ might be possible.

[rpietila]

you are sooo full of shit! =) ^i'll sell you as many as you want@ $389!

I doubt you have BTC100 considering your posting history, but just in case I'm mistaken, send as many as you like here and PM your wire info. Price is the Bitstamp last trade for each of the transfers.

cash talks shit walks!!! =) it's me fucker, i'm calling you out on your bullshit(->just like the $700 BTC you re-nigged on)




SHOW ME THE MONEY!!!!

Yeah.

This is what I was saying weeks ago - Bitcoin's street price will never go below 400. You will not now, not ever, be able to actually buy them as many as you want, safely, at that price or lower. Only by wiring to these exchanges and taking huge haircuts every once in a while, you are able to gamble if you can get any coins. Not currently a very bright situation but just in case someone wants to prove me wrong, the address is there.

PS. No need to reply, punk. A full bitcoin is something that you dream of.

[cbutters]

mtgox returns!?
http://online.wsj.com/news/articles/SB10001424052702303873604579493901002691642

[magicmexican]

Creditors, who have been stuck in limbo since their accounts were frozen, would have the option of receiving a prorated payment from the 200,000 recovered bitcoins, an estimated 20% recovery value on their claims, or receiving the equivalent amount in equity in the new exchange.

Goxcoin on the pump!

[dreamspark]

mtgox returns!?
http://online.wsj.com/news/articles/SB10001424052702303873604579493901002691642

Great, thats all we need!

[dreamspark]

Creditors, who have been stuck in limbo since their accounts were frozen, would have the option of receiving a prorated payment from the 200,000 recovered bitcoins, an estimated 20% recovery value on their claims, or receiving the equivalent amount in equity in the new exchange.

Goxcoin on the pump!

Bet Josh is buzzing!

[BitChick]

Creditors, who have been stuck in limbo since their accounts were frozen, would have the option of receiving a prorated payment from the 200,000 recovered bitcoins, an estimated 20% recovery value on their claims, or receiving the equivalent amount in equity in the new exchange.

Goxcoin on the pump!

That is great news!  I don't have any coins in limbo but I am excited that there will be an option for those that do.  Very cool!!!

[fotosonics]

Don't worry wall street is moving in any day now. On Jun 1, btc will IPO on nasdaq and there will just be one giant candle to $5000 regardless of whatever the chart was.

http://blogs.wsj.com/moneybeat/2014/04/08/bitcoin-believers-say-its-poised-for-rebound-once-dust-settles/

"He said that whereas there was $100 million invested in all of 2013 into “the bitcoin ecosystem,” there was $50 million invested in the first quarter of 2014 alone. He predicts that the year will see $500 million in the sector for the year as a whole."

Is this where you're getting the $5000 figure?