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

[podyx]

There goes a couple of months salary(if I even had a job )

Fuck my life man, fuck it!

It is only a loss if you decide to close the trade.

I guess so but i'm getting impatient I need ma money!

[Tzupy]

2985 Bitcoin to be sold and almost 8.000 to be buyed (order book on bitstamp)....

Really can't understand how can some be so idiots to sell at this price... everybody who has at least a little of brain would remove all the sell orders below 650-700. Otherwise will feel like a real idiot (which he is), for selling at this price.

No, about 18k bitcoins to be sold and about 9.4M$ in bids, you are probably seeing just part of the order book.

[cbeast]

Magic number 555. It's looking like a weekend dip now.

[Torque]

Bitcoin is such an awesome investment, it's now the same price it was around 8 months ago.  Yay!  

/s

[ShroomsKit]

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  

The future is still ahead, this is just one big whale pushing with borrowed money paying high rates to me ( $1.5m borrowed yesterday) , $21.5 million in longs currently, the fall gonna be epic.. I hereby revise my prediction: 500 in 2 weeks  
If you can't see a double top formation, then you are a greedy delusional bull

Sweet reminder  

Sweet reminder that you didn't predict another batch of China FUD and 51% problems. Stop acting like you did. You got lucky, nothing more, nothing less. There was no reason to go down.
You and the other (troll) bears do nothing but scream and yell like a little bitch how we will go down soon. Day after day, week after week, month after month. When we don't we don't hear you how wrong you were, when we do you idiots are all over the place with the "i told you so's". It really is beyond pathetic.  

[ShroomsKit]

Bitcoin is such an awesome investment, it's now the same price it was exactly 8 months ago.  Yay! 

/s

That's high risks investments for you. If you lose money there is noone to blame but yourself.

[fonzie]

ShroomsKit 

[cbeast]

Bitcoin is such an awesome investment, it's now the same price it was around 8 months ago.  Yay!  

/s

Not if you bought with silver.

[mvidetto]

Classic bitcoiners, price goes down $70 in 24 hours and its run to the hills.  How exactly is there supposed to be a bubble in July with this attitude?

[mmitech]

2985 Bitcoin to be sold and almost 8.000 to be buyed (order book on bitstamp)....

Really can't understand how can some be so idiots to sell at this price... everybody who has at least a little of brain would remove all the sell orders below 650-700. Otherwise will feel like a real idiot (which he is), for selling at this price.

 you don't understand because you didn't buy between $5-100, if you bought at that range then selling now will make you a killing profit... many didn't sell at $1000 and waited thinking we will hit $3K-5K but it is not happening, so why not take some profits now ?

[fonzie]

A lot of bulls appear suddenly in here, tellin everyone how stupid they are? 

[Tzupy]

... There was no reason to go down...

Of course there was a reason to go down, I predicted it on the 10th June just based on charts.

Quoting myself from 10th June:
If the price drops below 450$ then the uptrend is broken and after a weak rebound we'll drop even lower.
To go higher than 700$ would require that the upcoming correction doesn't drop below 450$ (not below 550$ to be sure).

But many times the markets need an excuse to go down, and now they got some.

[ChartBuddy]

Explanation

[Gingermod]

... There was no reason to go down...

Of course there was a reason to go down, I predicted it on the 10th June just based on charts.

Quoting myself from 10th June:
If the price drops below 450$ then the uptrend is broken and after a weak rebound we'll drop even lower.
To go higher than 700$ would require that the upcoming correction doesn't drop below 450$ (not below 550$ to be sure).

But many times the markets need an excuse to go down, and now they got some.

So far we're above 550

[Torque]

... There was no reason to go down...

Of course there was a reason to go down, I predicted it on the 10th June just based on charts.

I disagree, there wasn't a reason to go down.  The market was actually feeling bullish, the Expedia news just came out and other positive announcements were expected.  People were buying, holding, and waiting for the next leg up.  Coinbase actually ran out of coins the day the Expedia news came out (2 days ago).

This flash crash was completely engineered by the FUDsters, and now we've witnessed just how many weak hands there were.  No support at all between $650 - $550, and I don't think we found it yet.

[JayJuanGee]

Nobody sold part of his btc stash rebought @ sub 400$?

I did, unfortunately sold in the second week after ATH, but then rebought at:



Had an order for 340, but since we didn't quite hit that on BTC-e, you've got the 400 orders. Have been holding since.

So you have now more than twice the amount of btc you would have if you hold - why is that unfortunate 

Maybe there is some greed going on here? 


Also, seems a little strange that someone who was prepared to buy more at $340 did NOT buy more at other higher price points? 

[N12]

This flash crash was completely engineered by the FUDsters

[fonzie]

This flash crash was completely engineered by the FUDsters

If you care about your investment i advise you to sell, because me and all of the other FUDsters havent really started by now. We plan to crash BTC to sub 100$ , we have total control of the market and there´s nothing anyone can do about it beside follow and sell.  

[fonzie]

[akujin]

WOw! look at that! We meet again 50% fib