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

[samsonn25]

As I predicted must drop below $620. 

Where is GATEKEEPER ?

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[manfred]

Jorge, as you are so sceptical about real honest money (Bitcoin) whats your take on the scam PoS coins then?

[kireinaha]

We've seen this before... it looks like the market will slowly bleed down today and should be testing $600 yet again by Monday or Tuesday. I expect the next few days to be quite boring.

I hate it when I'm right.

I'm starting to give more thought to the idea that we've already seen the "2014 summer bubble" in the run up to $680 in May. So basically, we failed to launch, and 2014 is going to be a very boring, disappointing year.

[Bitcoin_is_here_to_stay]

it doesnt look good, asks are filling fast.

i think it will go below 600 once again.

+1

[edwardspitz]

it doesnt look good, asks are filling fast.

i think it will go below 600 once again.

There should be support at $595 or thereabouts, but I almost can't believe it will go that far. Let's see...

I shorted at $660 but closed it at $645. I'm bit annoyed with that

[Kramerc]

We've seen this before... it looks like the market will slowly bleed down today and should be testing $600 yet again by Monday or Tuesday. I expect the next few days to be quite boring.

I hate it when I'm right.

I'm starting to give more thought to the idea that we've already seen the "2014 summer bubble" in the run up to $680 in May. So basically, we failed to launch, and 2014 is going to be a very boring, disappointing year.

Good. More time to load up on coins.

[derpinheimer]

I dont think $600 falls today... without news, at least.

[gizmoh]

Sorry to break the party, but there is too much optimism/bulls in here..
Terrorist using BTC = Bad Image for Btc.
It will be a good excuse to impose stiff control by govts/banks on VC exchanges/services.


More bad news for Goxers:
www.coindesk.com/leak-documents-suggest-mt-gox-paid-200k-parent-company-may/

In other alarming news, the documents, if genuine, reveal Mt. Gox’s remaining funds total only $7.6m – significantly less than the $38m in assets claimed in its bankruptcy application.

[JorgeStolfi]

Jorge, as you are so sceptical about real honest money (Bitcoin) whats your take on the scam PoS coins then?

The reasons why I am skeptical of bitcoin apply to all cryptocoins.

For one thing, if one day it may look like like they may succeed in their goal -- bypassing government controls on money flow and supply --, then governments will surely ban them. 

[kodtycoon]

Sorry to break the party, but there is too much optimism/bulls in here..
Terrorist using BTC = Bad Image for Btc.
It will be a good excuse to impose stiff control by govts/banks on VC exchanges/services.


More bad news for Goxers:
www.coindesk.com/leak-documents-suggest-mt-gox-paid-200k-parent-company-may/

In other alarming news, the documents, if genuine, reveal Mt. Gox’s remaining funds total only $7.6m – significantly less than the $38m in assets claimed in its bankruptcy application.

can you link to this terrorist connection thing?

[sickpig]

Sorry to break the party, but there is too much optimism/bulls in here..
Terrorist using BTC = Bad Image for Btc.
It will be a good excuse to impose stiff control by govts/banks on VC exchanges/services.


More bad news for Goxers:
www.coindesk.com/leak-documents-suggest-mt-gox-paid-200k-parent-company-may/

In other alarming news, the documents, if genuine, reveal Mt. Gox’s remaining funds total only $7.6m – significantly less than the $38m in assets claimed in its bankruptcy application.

can you link to this terrorist connection thing?

And more to the point what coin were terrorist using before the advent of btc? Bars of gold?

[Bronstad]

Sorry to break the party, but there is too much optimism/bulls in here..

I don't know what thread you're reading, but this place is still bear central.

[DutchTrades]

Can't we just create Terroristcoin?

[podyx]

Entering a prolonged bear market??
I might just move away from looking at the price for a month, this is getting depressing as fuck

[_javi_]

i´m observing green walls 

[ChartBuddy]

Explanation

[gizmoh]

Sorry to break the party, but there is too much optimism/bulls in here..
Terrorist using BTC = Bad Image for Btc.
It will be a good excuse to impose stiff control by govts/banks on VC exchanges/services.


More bad news for Goxers:
www.coindesk.com/leak-documents-suggest-mt-gox-paid-200k-parent-company-may/

In other alarming news, the documents, if genuine, reveal Mt. Gox’s remaining funds total only $7.6m – significantly less than the $38m in assets claimed in its bankruptcy application.

can you link to this terrorist connection thing?

https://uk.news.yahoo.com/global-jihad-could-funded-bitcoin-105333920.html

The US Department of Defense is currently conducting a counter-terrorism investigation of virtual currencies like bitcoin.

More lows to come i'm afraid.

[magicmexican]

I think you are overreacting, pretty weak dumps so far.

Also like the idea of creating muhammadCoin and relocating all the terrorists there.

[aminorex]

For one thing, if one day it may look like like they may succeed in their goal -- bypassing government controls on money flow and supply --, then governments will surely ban them. 

Governments do not have control of money flow and supply.  Banks do.

[kodtycoon]

I think you are overreacting, pretty weak dumps so far.

Also like the idea of creating muhammadCoin and relocating all the terrorists there.

what does btc have to drop bellow before its seen as trend reversal?