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

[mmitech]

and the downtrend continues, but whoever bought below 400 and sold around 440-450 made a good trade...but lets wait for the real bottom that could take a couple of months to happen.

One thing is certain, ALL your posts are negatif in some way.

I know everybody want cheap coin like old time but cmon, FUD is soo 2013

We take $57 yesterday, a small correction today was probable

negative, and FUD ? are you kidding... you know what, Bitcoin will be at a new ATH next week, BUY YOU FOOLS BUY NOW IDIOTS.... and I wont comment about this trend anymore, but I will remind you later you bull-tards.

[1715250283]

1715250283

[1715250283]

1715250283

[1715250283]

1715250283

[JorgeStolfi]

So Paypal accepts Bitcoin, we go up a little bit,

I am still not convined that PayPal's announcement was the cause of this rally.

The news should have had a positive effect, sure; but the rally started suddenly, rose steadily for less than one hour, then stopped suddenly, oscillated a bit and then stagnated at the current level.  Those news must have taken a lot more than one hour to reach all traders and be assimilated by them; therefore I would have expected a slower rise over several hours.

Ditto for the theory that the rally was caused by people taking profit on the AliBaba IPO and investing it in bitcoin.  That "Back to BTC" migration (if real) should have spread out over several days.

Coin buying by GABI (or some other single rich investor) would be a better fit to the chart, IMHO.

[Davyd05]

how much of bfl hashing power has been turned off lol that spike seems to be met with a lot of hashing going offline how bad were they scamming.

[fonsie]

So nothing could take us up anymore. Only if a company like Paypal or Amazon would start accepting Paypal things would change. This is what i kept reading the last 6 months.

So Paypal accepts Bitcoin, we go up a little bit, just like everybody was hoping for and then you traders absolutely started dumping the shit out of the market.
Finally new people were motivated to buy again and you dumped straight in their face so you could take your 150 bucks profit.
Well done!
You stopped the only possible uptrend we could hope for at this point.
Really, well done idiots!

Please stop making posts wondering why the price won't go up.

INDEED

Please stop making posts wondering why the price won't go up.

Cry baby

[vphen]

downtrend is still intact,
sell your coins right now you are still a good day trader.

[tarmi]

but whoever bought below 400 and sold around 440-450 made a good trade.

 

[600watt]

wow, why all this unfriendly, attacking words here...

going up 50 and then down 20 is a standard move for btc. at least we know now that it is still alive. when it was sub 400 i didn't know should i sell or buy more. now, on the other hand, when it reached 450 i didn't know should i buy more or sell. and guess what i am thinking now...   i love this shit, and it is nice talking about it with you - but please keep the hate at a lower level..

 

[ShroomsKit_Disgrace]

I remember with a smile in my face those times when mmitech was so butthurt with rpietila for the same reasons he is annoying people these days...

 

[Richard Branson]

Why do you even think paypal is good news?

We're teaming up with #Bitcoin payment processors to provide more flexibility in how you buy and sell: http://bit.ly/1riGagG . #paypalit

That means more bitcoin selling pressure, because all bitcoins will be dumped immediately.

[zby]

So nothing could take us up anymore. Only if a company like Paypal or Amazon would start accepting Paypal things would change. This is what i kept reading the last 6 months.

So Paypal accepts Bitcoin, we go up a little bit, just like everybody was hoping for and then you traders absolutely started dumping the shit out of the market.
Finally new people were motivated to buy again and you dumped straight in their face so you could take your 150 bucks profit.
Well done!
You stopped the only possible uptrend we could hope for at this point.
Really, well done idiots!

Please stop making posts wondering why the price won't go up.

Looks like it all is a very short term play. This Paypal announcement is a big thing - but the effects will be there approximately in a year from now and in that time we'll finish this whole downtrend cycle.

[ChancellorOnABrink]

I am still not convined that PayPal's announcement was the cause of this rally.

http://imgace.com/wp-content/uploads/2012/12/this-is-wong-on-so-many-levels.jpg

Opening the 150M paypal account  to bitcoin ecosystem is one of the most bullish news of this year.

We talk about $50b/quarter

With no bitcoin i guess i difficult to catch it
Without emotional involvement, no empathy

http://www.statista.com/graphic/1/277841/paypals-total-payment-volume.jpg

[ChartBuddy]

Explanation

[Totscha]

So Paypal accepts Bitcoin, we go up a little bit,

I am still not convined that PayPal's announcement was the cause of this rally.

The news should have had a positive effect, sure; but the rally started suddenly, rose steadily for less than one hour, then stopped suddenly, oscillated a bit and then stagnated at the current level.  Those news must have taken a lot more than one hour to reach all traders and be assimilated by them; therefore I would have expected a slower rise over several hours.

Ditto for the theory that the rally was caused by people taking profit on the AliBaba IPO and investing it in bitcoin.  That "Back to BTC" migration (if real) should have spread out over several days.

Coin buying by GABI (or some other single rich investor) would be a better fit to the chart, IMHO.

So a random event that just happened to coincide with the PayPal news? That makes perfect sense...

A BTC trader sees a small spike and hits the F5 key on the Coindesk tab. Stuff like this gets around in 30 minutes among big traders. I personally called 3 guys to inform them of the spike. It was all over news sites and social media well within 1 hour. And let's not forget the BTC-E trollbox. There was no possible way for anyone actively trading there to miss the news.

Just remember the LTC on MtGox Facebook comment. LTC went +50% in one hour.

The traders are assimilating the news today, yesterday was just a reflex reaction

[ShroomsKit]

Another ask wall showed up pushing us down even more.
When is it enough for these people. 9 months of going down still isn't enough? Really?

[btcney]

Another ask wall showed up pushing us down even more.
When is it enough for these people. 9 months of going down still isn't enough? Really?

As long as you can milk this cashcow.

[mooncake]

4 hours later.

[DutchTrades]

Wow i just heared the news!

[jeezy]

wow, why all this unfriendly, attacking words here...

going up 50 and then down 20 is a standard move for btc. at least we know now that it is still alive. when it was sub 400 i didn't know should i sell or buy more. now, on the other hand, when it reached 450 i didn't know should i buy more or sell. and guess what i am thinking now...   i love this shit, and it is nice talking about it with you - but please keep the hate at a lower level..

 

Going up 500 then going down 200 is also a standard move for Bitcoin. So let's see what happens till the weekend crashes. 

[hdbuck]

Explanation

[JayJuanGee]

Adam, I have been kind of waiting around and stalking the boards to see if you show up...

Does it mean that you were shorting and you were really serious about some of your low calls of $320 or whatever you were suggesting? 

Some suggest that BTC prices are going back there.. and surely many of us have our doubts, and can we really know what some of the whales have in store for us?  it is possible that prices will drift back down, or even go down quickly... who the fuck knows..  but hopefully, you really did NOT short in an attempt to eek out some extra profits with all of these uncertain indicators and the appearance that BTC prices are truly undervalued... even though we know that they can be further manipulated downward.. but will they be?  that is one of the BIG questions.

i never short, never ever...  I have a long term position, do some mid term trades, and sometimes i even start working the daily spread... but i never play with leverage, if i wanted to risk more fiat or BTC trading, i'd simply send more fait or BTC.

so no i did not short, and i never will.

I didn't sell either, it didn't even cross my mind, I believe bitcoin is undervalued, I believed bitcoin was undervalued sub 600, and i still believe it, but just because its undervalued doesn't mean its not going to go any lower...

I think she's been manipulated down as far as she goes, but who knows!

mostly i sent some more money to the exchange for the off chance that shit hits the fan, short of that, i will use it to balance my book when making purchases, selling bitcions to friends, etc etc. also and probably start working the daily spread for fun, and buying into large dips.

the way i see it, every little bit helps  especially at bottoms, and when bitches dump like mad fools, its my duty to catch the resulting knife.

because i want to be the change i want to see

drop your bags bitches!

Great set of practices!!!!   I was getting a little bit worried by what i perceived to be your bear talk.. even if it was merely a temporary state of affairs.