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

[bpnave]

This time last year I was mining 3BTC a day on a single Avalon B2.

Things change incredibly quickly in this game.

That's incredibly humbling...here I am stressed about my lonesome 1BTC!

[shmadz]

This time last year I was mining 3BTC a day on a single Avalon B2.

Things change incredibly quickly in this game.

bitcoin miners are a dying breed. it's really getting tough to deal with the heat.

[ChrisML]

Shorts are going to get squeezed in this one.

[spooderman]

But it still doesn't make sense.


Why do a market order and deal with slippage? When he could just make a wall at 675?

[ChartBuddy]

Explanation

[Wary]

slow and steady, just stay under the radar for as long as possible.

It's a bit too late to stay under the radar. We are on radars, for years already, obscurity is not our protection anymore, our only protection is the speed. If we move as fast as possible, we have a chance to escape our mighty but clumsy enemies.

[JayJuanGee]

1.7.2014 BTC value is X00 USD

x=?

Y?

y = 7.4

[edwardspitz]

I don't know of any other instrument where traders will put that much effort into maintaining the price $666. Is $666 bullish or goatish?

[spooderman]

I don't know of any other instrument where traders will put that much effort into maintaining the price $666. Is $666 bullish or goatish?

It's 2/3 of 1k which seems like a very natural to hover around.

Or you know.... something to do with an all-powerful, omnipotent universe creating entity's arch enemy that it can't seem to defeat who lives somewhere you'll be sent if you eat certain kinds of food.

[seleme]

Shame, looks like my beautiful cup and handle won't hold 

[shmadz]

slow and steady, just stay under the radar for as long as possible.

It's a bit too late to stay under the radar. We are on radars, for years already, obscurity is not our protection anymore, our only protection is the speed. If we move as fast as possible, we have a chance to escape our mighty but clumsy enemies.

yeah, I dunno,

I don't think speed is exactly our friend either right now, at least in terms of price.

If the price can stay at least respectably low (like at least below 1500 please?) then maybe they will get some favourable legistaltion in place

I'm just hoping that they spend enough time trying to figure out how to regulate it by monitoring the gateways that they don't realize that where we're going, we don't need no stinking gateways!

[YipYip]

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 

Still waiting?

That dude is smokin da crack pipe ..and dropping too much acid for his 600 retest  

[RoadStress]

This time last year I was mining 3BTC a day on a single Avalon B2.

Things change incredibly quickly in this game.

bitcoin miners are a dying breed. it's really getting tough to deal with the heat.

Dying right after my first 1 year celebration? No way!

There are ways to deal with the heat. We have a Hardware colocation thread here for people who can't deal with the high power and the heat: https://bitcointalk.org/index.php?topic=622998.0

[ChrisML]

AND back where we were 5 hours ago.

[ChrisML]

What kind of fucking bullshit is this

Like honestly.. what on earth does this do? Going down where we were 6 hours ago, right away. What a bunch of shit.

Thank fucking fuck that I got out with my longs 3 days ago, but this is just painfull to watch at the moment. Go through that fucking roof already.

[YogoH]

What kind of fucking bullshit is this

Like honestly.. what on earth does this do? Going down where we were 6 hours ago, right away. What a bunch of shit.

Thank fucking fuck that I got out with my longs 3 days ago, but this is just painfull to watch at the moment. Go through that fucking roof already.

Be patient.  We are building a solid base for the the rocket.  Once we have the support, it will be time for lift off.

[shmadz]

What kind of fucking bullshit is this

Like honestly.. what on earth does this do? Going down where we were 6 hours ago, right away. What a bunch of shit.

Thank fucking fuck that I got out with my longs 3 days ago, but this is just painfull to watch at the moment. Go through that fucking roof already.

as long as you're not getting emotional about it, I'm sure you'll be fine.

just stick to the plan.

we still haven't broken any of my arbitrary lower resistance points, so everything is still peachy keen!

place your bids and asks accordingly.

[sidhujag]

What kind of fucking bullshit is this

Like honestly.. what on earth does this do? Going down where we were 6 hours ago, right away. What a bunch of shit.

Thank fucking fuck that I got out with my longs 3 days ago, but this is just painfull to watch at the moment. Go through that fucking roof already.

The world does not revolve around you. If u really got out 3 days ago why are you so mad that it came back down?

[ChrisML]

What kind of fucking bullshit is this

Like honestly.. what on earth does this do? Going down where we were 6 hours ago, right away. What a bunch of shit.

Thank fucking fuck that I got out with my longs 3 days ago, but this is just painfull to watch at the moment. Go through that fucking roof already.

as long as you're not getting emotional about it, I'm sure you'll be fine.

just stick to the plan.

This has nothing todo with emotions anymore. I've made some nice bucks over the last 12 days. No problem...

But this market just makes me go fucking nuts. Look at it yourself, honestly. This shit is not normal, Imma stop going forex from now on. Seriously had enough of it. You can get burned so damn fast with this BTC market. Long nor short, you will get burned somehow. Imagine going in for a long position for $1500 and it drops $15, you nearly lose $890 right away. It's insanity

Im done with Plus500 and BTC at this moment. Withdrawn my money and I'll check once in a while what the prices be. Still have my own 12 Bitcoins left. See what it's worth in a month.. or 2.

[sidhujag]

First of all leverage with bitcoin is a big no no lol.. even 500:1 gbpnzd during london session is better than that