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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371096 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
beetcoin
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June 02, 2014, 06:57:44 AM

So.

When is this "small" correction going to end?

i don't know, but i'm still overall bullish.. i remember a good amount of corrections in the last run-up. i think everyone's appetite has been whet during these past quiet few months.

i thought $640 would be a nice base, guess not. Fucked right through it.

i don't know if i'm being delusional, but if i had money, i really thought that $400 would have been a good buying point.. but then again, i have no scientific or logical reason outside of my "feeling."
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ChartBuddy
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June 02, 2014, 07:00:26 AM


Explanation
ChrisML
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June 02, 2014, 07:01:52 AM


Why in the LIVING fuck is the price dropping.

LOOK AT IT. jesus. It should go up lmao. I want to put in long positions, CMMON BTC.
fonzie
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June 02, 2014, 07:05:46 AM

Juicy 20 000 000$ in leveraged long positions on bitfinex with interest ~ 1% per day waitin to close.
Bid depth on Bitstamp is actually what? 10-12 million?  Cheesy Cheesy Cheesy
molecular
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June 02, 2014, 07:08:50 AM


Why in the LIVING fuck is the price dropping.

LOOK AT IT. jesus. It should go up lmao. I want to put in long positions, CMMON BTC.

urm. Putting longs at lower prices seems preferrable to me.
ShroomsKit
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June 02, 2014, 07:11:47 AM


Why in the LIVING fuck is the price dropping.

LOOK AT IT. jesus. It should go up lmao. I want to put in long positions, CMMON BTC.

urm. Putting longs at lower prices seems preferrable to me.


We are at lower prices.
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June 02, 2014, 07:16:57 AM


We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future Cheesy
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June 02, 2014, 07:19:28 AM


We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future Cheesy

I'm happy for you.
Elwar
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June 02, 2014, 07:45:46 AM

Looks like someone decided to cash out a large amount of bitcoins at once.
David M
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June 02, 2014, 07:48:39 AM

Nicely played Bitcoin.

If we can hold around here for the rest of the week, I'm optimistic for the immediate future

http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgCzbgEza1gWMAzm1g13za2gWMAzm2g52zvzcv

My crystal ball predicts the great snake envelope
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June 02, 2014, 07:52:41 AM

Nice surprise right when I woke up, rpietila showing his mansion at the front page of Helsingin Sanomat, Finland's largest news papers:

http://www.hs.fi/ulkomaat/Suomalaismies+osti+kartanon+bitcoinilla/a1401596630456

http://hs13.snstatic.fi/webkuva/oletus/630/1305831619691?ts=269

From the article:
"34-year old Pietilä may be one of the few people who got rich with bitcoin before the virtual currency crashed in value"  Roll Eyes

Also my first post here, been lurking tightly since the last bubble when I first learned about bitcoin and bought my first ones. Bought a little more this morning after reading the news.  Grin
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June 02, 2014, 07:54:31 AM


We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future Cheesy

Smokin da crack pipes ...

we can stay here all day it wont go below 600 ...toooo many whales invested in cheap-ish coinz ..no body want to kill this golden goose ...YET Cheesy

Gotta feed it some more for the feast taht is 2k+  Cool
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June 02, 2014, 08:00:27 AM


Explanation
gizmoh
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June 02, 2014, 08:06:49 AM

This rally is all about momentum and technical chart break out, not huge inflow of $$$.  If not enough fiat gets in to support the price, we are bound to test some support lines as longs which are maxed out  will have to close before they get squeezed.
ShroomsKit
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June 02, 2014, 08:08:56 AM


We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future Cheesy

Smokin da crack pipes ...

we can stay here all day it wont go below 600 ...toooo many whales invested in cheap-ish coinz ..no body want to kill this golden goose ...YET Cheesy

Gotta feed it some more for the feast taht is 2k+  Cool

I see no reason for more dumping. Actually i would consider it stupid. But it's also far from impossible. We all know what kind of panicky sheep we're dealing with here. Both up and down.
koryu
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June 02, 2014, 08:15:57 AM


We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future Cheesy

Smokin da crack pipes ...

we can stay here all day it wont go below 600 ...toooo many whales invested in cheap-ish coinz ..no body want to kill this golden goose ...YET Cheesy

Gotta feed it some more for the feast taht is 2k+  Cool

I see no reason for more dumping. Actually i would consider it stupid. But it's also far from impossible. We all know what kind of panicky sheep we're dealing with here. Both up and down.

agree, as long as we are above 605$ we are still in the current uptrend. not the time to worry yet.
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June 02, 2014, 08:18:01 AM

Orderbook looks quite nice. I think we should go up again.
Hunyadi
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June 02, 2014, 08:19:50 AM

Nice surprise right when I woke up, rpietila showing his mansion at the front page of Helsingin Sanomat, Finland's largest news papers:

http://www.hs.fi/ulkomaat/Suomalaismies+osti+kartanon+bitcoinilla/a1401596630456



From the article:
"34-year old Pietilä may be one of the few people who got rich with bitcoin before the virtual currency crashed in value"  Roll Eyes

Also my first post here, been lurking tightly since the last bubble when I first learned about bitcoin and bought my first ones. Bought a little more this morning after reading the news.  Grin

Would you buy a used car from this man?  Grin
prophetx
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June 02, 2014, 08:22:52 AM

Nice surprise right when I woke up, rpietila showing his mansion at the front page of Helsingin Sanomat, Finland's largest news papers:

http://www.hs.fi/ulkomaat/Suomalaismies+osti+kartanon+bitcoinilla/a1401596630456



From the article:
"34-year old Pietilä may be one of the few people who got rich with bitcoin before the virtual currency crashed in value"  Roll Eyes

Also my first post here, been lurking tightly since the last bubble when I first learned about bitcoin and bought my first ones. Bought a little more this morning after reading the news.  Grin

Would you buy a used car from this man?  Grin

i've bought 3, they keep breaking down
wachtwoord
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June 02, 2014, 08:25:09 AM

Nice piece of unbiased journalism. Oh wait, no ....
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