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

[El Cabron]

just hold.

HOOOOOOOOOOOODL!!!!!!!!!!!!!!!!111!

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[ShroomsKit]

I'm going in Tera mode for now.
Too much resistance. Bid wall removed. Dump incoming. Back to 550  

 

[akujin]

btce pushing hard 

[Moria843]

I think this is only the beginning of the uptrend.

Most of us know nobody can predict the future, but after watching the 2014 MIT Bitcoin Conference videos on YouTube I still see a lot of smart and successful people saying they believe and are building companies to support bitcoin and are personally investing. Richard Branson investing $30 M recently in BitPay adds to that. I personally have purchased about 20 BTC lately at prices between 4 and 5 hundred as an investment and mine about 3 BTC a month. But it's a small part of my overall investments.

To add a little humility, I also rewatched the guy in 2013 pushing Mt. Gox as the greatest thing that ever happened, recommending everyone open an account, and predicting 1 BTC would be worth $20,000 in 2014.

The more I learn about bitcoin, the more I'm impressed by its potential. Some is based on logic; some is faith.

I believe back over $1k/BTC by end of year.

[YipYip]

I think this is only the beginning of the uptrend.

Most of us know nobody can predict the future, but after watching the 2014 MIT Bitcoin Conference videos on YouTube I still see a lot of smart and successful people saying they believe and are building companies to support bitcoin and are personally investing. Richard Branson investing $30 M recently in BitPay adds to that. I personally have purchased about 20 BTC lately at prices between 4 and 5 hundred as an investment and mine about 3 BTC a month. But it's a small part of my overall investments.

To add a little humility, I also rewatched the guy in 2013 pushing Mt. Gox as the greatest thing that ever happened, recommending everyone open an account, and predicting 1 BTC would be worth $20,000 in 2014.

The more I learn about bitcoin, the more I'm impressed by its potential. Some is based on logic; some is faith.

I believe back over $1k/BTC by end of year.

Get some skin in the game youngling

[dreamspark]

I'm going in Tera mode for now.
Too much resistance. Bid wall removed. Dump incoming. Back to 550  

 

Big shiny gold star for this one shroomsy, and you said you were a bad trader

[ShroomsKit]

I'm going in Tera mode for now.
Too much resistance. Bid wall removed. Dump incoming. Back to 550  

 

Big shiny gold star for this one shroomsy, and you said you were a bad trader

Haha thanks. This only works when i don't put money on it.

[Krabby]

Stop order on the way down, stop order on the way up.

+/- = 0%

[RandomPedestrianN9]

Pump and dump.

[ChartBuddy]

Explanation

[blatchcorn]

Pump and dump.

The only two certainties with bitcoin 

[JimboToronto]

Pump and dump.

LOLOLOLOL

hahahahahaha

 

[zimmah]

i'm not quoting fonzie but he's actually right about bitfinex

But if some people lost a lot on margin calls,mother people gained just as much right? That's how the market works, someone gains, someone loses.

So the people who lent money to margin traders would have made a killing right? And they could potentially invest (part of) that money into bitcoin, right?

Or do I miss something?

[ShroomsKit]

Aaaaand dump!

[Krabby]

Aaaaand dump!

Hold me!

[dreamspark]

i'm not quoting fonzie but he's actually right about bitfinex

But if some people lost a lot on margin calls,mother people gained just as much right? That's how the market works, someone gains, someone loses.

So the people who lent money to margin traders would have made a killing right? And they could potentially invest (part of) that money into bitcoin, right?

Or do I miss something?

I think you missed the bit where all Teppino was saying is that Fonzie is right in that Bitfinex was down at the time. Not to all his other perma-bear/ uber-troll posts.

I doubt many people would have lost a lot on margin calls as when the site went down trading stopped, its not like you couldn't close a position while the market still moved. So the market was in exactly the same position when it opened as when it closed so no calls happened at a time you couldn't have closed them.

[derpinheimer]

Dump wave2.. let's hope it's weak.


Ps why the dumps?bfx manipulation?

[adamstgBit]

why the dumps?

its dump day!




sell me your coins!
sell me ALL your coins!
sell me ALL your coins ALL AT ONCE!

 

[ChartBuddy]

Explanation

[adamstgBit]

if we test the low again, i'm gonna get a few thousand bits.