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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26382132 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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October 03, 2014, 07:01:12 PM


Explanation
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Schickeria
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October 03, 2014, 07:02:48 PM

I think we'll find a meanwhile bottom very soon, in not more than 7 days, quite likely earlier. But how it will develop after a bounce to 400, 500, 600 or even higher, that's another question. I don't think it will be finished with this downswing.
hyphymikey
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October 03, 2014, 07:03:38 PM

Holy shit,check the Satoshi wallets!  Undecided

Link?
btcney
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October 03, 2014, 07:03:50 PM

This can't be happening
samsonn25
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October 03, 2014, 07:04:24 PM

MAJOR Support at $340 and $200
inca
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October 03, 2014, 07:04:52 PM

I think we'll find a meanwhile bottom very soon, in not more than 7 days. But how it will develop after a bounce to 400, 500, 600 or even higher, that's another question. I don't think it will be finished with this downswing.

Hope it turns up Shickeria. We have a beer each riding on whether it breaches the yearly low before 2015:)

Right. Time to perform some bitcoin retail therapy and add a few coins to my stash.
ssmc2
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October 03, 2014, 07:05:03 PM

This can't be happening


Schickeria
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October 03, 2014, 07:06:17 PM

I think we'll find a meanwhile bottom very soon, in not more than 7 days. But how it will develop after a bounce to 400, 500, 600 or even higher, that's another question. I don't think it will be finished with this downswing.

Hope it turns up Shickeria. We have a beer each riding on whether it breaches the yearly low before 2015:)

;-)
POM
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October 03, 2014, 07:06:32 PM

I had to buy at $359 lol too good of a price to pass up
btcney
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October 03, 2014, 07:07:17 PM

Guys just stop looking at BTC-e!
Problem solved
podyx
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October 03, 2014, 07:08:26 PM

This is so crazy..
If price goes to $0 tomorrow then who else but me is incredibly fucked?? (it won't of course, just a thought experiment knida)

It feels better to not be alone about it Grin
Eddie Brock
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October 03, 2014, 07:09:33 PM

I don't understand why holders are selling their btc



People that hold btc are doing so because they believe that it will be used worldwide by pretty much everybody, right? (="going to the moon")

This means that each btc will be worth thousands (or millions) of dollars, according to this thery.

In this view, btc are underpriced now... so why sell?

The only possible answer would be that they don't really believe in this technology, I guess
hd060053
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October 03, 2014, 07:11:17 PM

I don't understand why holders are selling their btc



People that hold btc are doing so because they believe that it will be used worldwide by pretty much everybody, right? (="going to the moon")

This means that each btc will be worth thousands (or millions) of dollars, according to this thery.

In this view, btc are underpriced now... so why sell?

The only possible answer would be that they don't really believe in this technology, I guess

hodlers are not selling, only one entity/manipulator/mark karpeles is selling
ssmc2
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October 03, 2014, 07:11:52 PM

Volume is weak. Trolls are weak. Meh.
Oblodo
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October 03, 2014, 07:12:31 PM

I don't understand why holders are selling their btc



People that hold btc are doing so because they believe that it will be used worldwide by pretty much everybody, right? (="going to the moon")

This means that each btc will be worth thousands (or millions) of dollars, according to this thery.

In this view, btc are underpriced now... so why sell?

The only possible answer would be that they don't really believe in this technology, I guess

hodlers are not selling, only one entity/manipulator/mark karpeles is selling
please post your evidence of that...
kryptopojken
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October 03, 2014, 07:13:24 PM

Holy shit,check the Satoshi wallets!  Undecided

address pls?
practicaldreamer
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October 03, 2014, 07:13:49 PM

The only possible answer would be that they don't really believe in this technology, I guess

They're speculators. Speculators lifeblood is confidence. Confidence is down.

But what has changed other than confidence ?

Stand firm. Have the courage of your convictions.
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October 03, 2014, 07:14:12 PM

JayJuanGee
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October 03, 2014, 07:15:09 PM

I'm actually, legitimately, nervous. If we significantly breach $350 or $300, there's no telling how low we can go before the mass selling ends. Perhaps it's just a momentary paranoia speaking.

paranoia is driving prices...

we are doomed!
I'm fighting off the urge to cut my losses and accumulate a bit more. I think if we breach $360 I'll be doing that... it's hard not to. I lose money everytime I try to time downturns but this feels a bit different for some reason. Might still just hold and accumulate w/ fresh fiat if we go much lower. This paranoia isn't helping Sad

when you feel you've hit rock bottom, sell all your bitcoins.

Yeah that's one way to lose out on potential profits...  Angry   Cry
podyx
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October 03, 2014, 07:15:46 PM

I must say though, despite all this bleeding, the shits getting edgy and exciting, no?? Cool Grin
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