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

[ensurance982]

I like just looking at this thread every other week or something, but when I do that I tend to miss the last few hundred pages.

Ha, yeah most people come here when something big happens and the price moves - which it doesn't right now. But a lot of regulars just like to hang around here. It's somewhat like Cheers, "Sometimes you wanna go where everybody knows your name!"

[wonkytonky]

I'm so damn tired of these dumpers and these people putting up ask walls the minute we're about to go up.
It's like they do everything they can to make sure the price doesn't go above 600.
Sooooo tired of it.

this is what is happening .. and if you are a bull you should be happy about it.

put walls on important points fibs or psychological  round numbers..  or at tops .. like 680 was a a good point.. since market was rallied out..    
others will put asks infront of you..   and with price going down .. others will add asksk..

this way ppl  who want to buy in "cheap" (anything below 600 is cheap).. can..    
 because we gonne test ath anyways.. so doubling investment  is as good as sure.

now big players are slowly buying in.    with as good as no slippage..  
once the market is ready to go up ..  and  it will at some point..
suddenly you'll be looking at thin ask side on orderbook and only nice ask sharkwalls in higher prices.. which attract them buyers..    the sharkwalls are the  whales slowly selling up ... they gonne push up as hard they can so they can keep on selling higher and higher..  

it's all about waiting, and waiting and waiting..  and don't lose coins trying to trade..

at this point.. i only buy new coins..  dont care  much about the price..  aslong it's below 600.

[cbeast]

Just get over it! Let the damn price do its thing and go up! It won't make you poorer or anything.

supposedly it is not doing its "thing" now.

[ensurance982]

I'm so damn tired of these dumpers and these people putting up ask walls the minute we're about to go up.
It's like they do everything they can to make sure the price doesn't go above 600.
Sooooo tired of it.

this is what is happening .. and if you are a bull you should be happy about it.

put walls on important points fibs or psychological  round numbers..  or at tops .. like 680 was a a good point.. since market was rallied out..    
others will put asks infront of you..   and with price going down .. others will add asksk..

this way ppl  who want to buy in "cheap" (anything below 600 is cheap).. can..    
 because we gonne test ath anyways.. so doubling investment  is as good as sure.

now big players are slowly buying in.    with as good as no slippage..  
once the market is ready to go up ..  and  it will at some point..
suddenly you'll be looking at thin ask side on orderbook and only nice ask sharkwalls in higher prices.. which attract them buyers..    the sharkwalls are the  whales slowly selling up ... they gonne push up as hard they can so they can keep on selling higher and higher..  

it's all about waiting, and waiting and waiting..  and don't lose coins trying to trade..

at this point.. i only buy new coins..  dont care  much about the price..  aslong it's below 600.

Easier said than done, I guess! I also don't know whether ShroomsKit currently is a bull, a bear or something in between (pigeondog?) But really sticking to your trading plans and rules can be a hard thing if emotions are involved - which they usually are when it comes to money.

[ensurance982]

Not bad for a friday, so far. Since the market is reluctant to crash over the last few weeks, we survived the weekly friday-dump from some miners or traders who don't want to trade over the weekends, and we're back up to $592... I guess we'll bounce off some channel soon, but not bad for a friday, not bad.

[mmitech]

Just get over it! Let the damn price do its thing and go up! It won't make you poorer or anything.

supposedly it is not doing its "thing" now.

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

[Torque]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

[mmitech]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion. 

[Torque]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion. 

Nope, no discussion of stock markets or PM markets (or bitcoin market) on this page.  At all.

http://en.wikipedia.org/wiki/Pyramid_scheme

[podyx]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion.  

Anything related to money is a pyramid (by your definition atleast). I don't see how bitcoin would be any different

It's not always neccessarily a bad thing though.

[mmitech]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion.  

Nope, no discussion of stock markets or PM markets (or bitcoin market) on this page.  At all.

http://en.wikipedia.org/wiki/Pyramid_scheme

and tell me how does this deny my statement ? you just posted a prove of the above

[mmitech]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion.  

Anything related to money is a pyramid (by your definition atleast). I don't see how bitcoin would be any different

It's not always neccessarily a bad thing though.

I said it means exactly what it means, a pyramid, nothing more and nothing less, so please don't put words on my mouth.

[cbeast]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion.  

Nope, no discussion of stock markets or PM markets (or bitcoin market) on this page.  At all.

http://en.wikipedia.org/wiki/Pyramid_scheme

and tell me how does this deny my statement ? you just posted a prove of the above

It's not the word "Pyramid" it's the word "Scheme" that gives me pause. Just who exactly is doing the scheming?

[mmitech]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion.  

Nope, no discussion of stock markets or PM markets (or bitcoin market) on this page.  At all.

http://en.wikipedia.org/wiki/Pyramid_scheme

and tell me how does this deny my statement ? you just posted a prove of the above

It's not the word "Pyramid" it's the word "Scheme" that gives me pause. Just who exactly is doing the scheming?

all of us, the Bitcoin community, you are higher in the scheme if you bought before me (or cheaper to be accurate).

[BowieMan]

When was the last time you guys have seen such candles? green and no lint on the upper side of the candle! It seems it's one of those mystery fridays, again!

[Torque]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion.  

Nope, no discussion of stock markets or PM markets (or bitcoin market) on this page.  At all.

http://en.wikipedia.org/wiki/Pyramid_scheme

and tell me how does this deny my statement ? you just posted a prove of the above

Please don't insult my intelligence.  I could debate this with you all day long, but I'm not going to because I don't want to junk up this thread with such nonsense.  If stock markets or PM markets or bitcoin markets were considered pyramid schemes, they would be listed as examples on that wiki definition page.  And they are not.

[cbeast]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion.  

Nope, no discussion of stock markets or PM markets (or bitcoin market) on this page.  At all.

http://en.wikipedia.org/wiki/Pyramid_scheme

and tell me how does this deny my statement ? you just posted a prove of the above

It's not the word "Pyramid" it's the word "Scheme" that gives me pause. Just who exactly is doing the scheming?

all of us, the Bitcoin community, you are higher in the scheme if you bought before me (or cheaper to be accurate).

Baseball cards, paintings, and antique cars fit that description.

[abercrombie]

I'm so damn tired of these dumpers and these people putting up ask walls the minute we're about to go up.
It's like they do everything they can to make sure the price doesn't go above 600.
Sooooo tired of it.

this is what is happening .. and if you are a bull you should be happy about it.

put walls on important points fibs or psychological  round numbers..  or at tops .. like 680 was a a good point.. since market was rallied out..    
others will put asks infront of you..   and with price going down .. others will add asksk..

this way ppl  who want to buy in "cheap" (anything below 600 is cheap).. can..    
 because we gonne test ath anyways.. so doubling investment  is as good as sure.

now big players are slowly buying in.    with as good as no slippage..  
once the market is ready to go up ..  and  it will at some point..
suddenly you'll be looking at thin ask side on orderbook and only nice ask sharkwalls in higher prices.. which attract them buyers..    the sharkwalls are the  whales slowly selling up ... they gonne push up as hard they can so they can keep on selling higher and higher..  

it's all about waiting, and waiting and waiting..  and don't lose coins trying to trade..

at this point.. i only buy new coins..  dont care  much about the price..  aslong it's below 600.

Yea, I'm still in accumulation but very close to my near term goals.  

Anything below 600 is fine, above 600 and I become a hesitant buyer.  

I don't want BTC to run away from me far above 600 before I've finished with my current accumulation targets.

[Sandia]

Can I have a few dozen more sales at .11354 or .03078 on BFX?

I can't figure out why guys selling 1 or 2 coins are opting to dump in tiny orders.   Currently, you could dump 5 coins with zero slippage.

[Schickeria]

for the sake of objectivity, it means exactly what it means, a pyramid and Bitcoin is one.

Then by that (your) definition, so is the stock market.  And the PM market.

it is as well, a pyramid. and BTW not my definition, any sane person that have 2 working brain cells would get to this conclusion.  

Nope, no discussion of stock markets or PM markets (or bitcoin market) on this page.  At all.

http://en.wikipedia.org/wiki/Pyramid_scheme

and tell me how does this deny my statement ? you just posted a prove of the above

It's not the word "Pyramid" it's the word "Scheme" that gives me pause. Just who exactly is doing the scheming?

all of us, the Bitcoin community, you are higher in the scheme if you bought before me (or cheaper to be accurate).

Baseball cards, paintings, and antique cars fit that description.

Capitalism is a natural pyramid scheme and bitcoin is a capitalistic asset. I think you refer more to the "fraudulent" pyramid schemes, not?