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

[Kupsi]

I believe people should listen to this old wisdom from our friend.

if you sell now, you sell for good.
the warning above is still valid.

[BlindMayorBitcorn]

We hit a nice double bottom, consolidated a bit, then a couple big longs started closing all at once and price just shot up... suddenly we are in the 260s and I fly to the computer to close my short... the orderbooks are so thin on the ask side... I think we all thought it was going to go lower.

-1 bottle of wine but +30 to my stash, put my buy orders a little below market but may have to panic buy in a few hours. Looks as if demand still wants to push up.

I don't think there's a rolls eye emoji that can capture my feelings right now.

My advice is to build a Lego house and try to live in it!

Solid advice

[SilenceOfTheLamb]

Another drug market ran away with our drug money, crashing the market?  Again?
Why do criminals and drug addicts insist on giving our bitcoin a bad name?

[ChuckBuck]

So the big dump was caused by bull shit news, massively over estimating a number of coins scammed by an online drug site?

 If that's true the BTC world should be ashamed, reacting to fake news.

Anybody got a link citing the real number of coins stolen by Evolution?

All I keep seeing is the $12mill worth posted everywhere.

[WeltMaster]

Well, I only lost 15 bitcoin today...

 

that not good. Did you sell to realize those losses?

I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.

Feeling sick, worst loss in my 3 years of trading bitcoin

Dude, the margin call is nasty as you've seen. Stop playing that game and trading when the vipers are typically on the other end of the game. Just buy and hold with your expendables and wait til the market comes back up instead of setting yourself up to get crunched. My God... Don't be afraid to take a minimal loss but manually sell when things get too underwater for you on your own. This is the double loss playing the trading game on the long or short that all relaxed players should chill on.

Now, you're gonna see the wrath of the trolls. I've seen this play out before and never would open myself up to this unfolding on my face like that. The vast majority of traders (like 66%+) will get nailed, that's why people should just take their stance and let it ride w/ a short stop loss in a mental fashion.

Yeah you're right, I'm all out of margin now. Moving to storage and taking a break for a while, good luck and happy trading everyone

Was it 20x or 10x?  20x is scary shit which I still dabble in here and there.

It was a 20x long I tried to catch a falling knife with 

[Jybrael]

I am expecting the price of Bitcoin to rise up to atleast 300 or over by monday but then again that is my speculation...what do you guys think?

[Tzupy]

hello bulls.
I see you are opening longs like mad. good, good. the more you open the harder the fall will be.

I wouldn't hold my breath for the longs getting margin called soon. I mean, I'd love this to happen, but I'm not counting on it.
If the market is in a similar position today with the 13th June 2014, then a long squeeze may only happen ~2 months from now.
Back then, longs kept rising until mid July, and were squeezed during the 11th - 18th August crash.

[SilenceOfTheLamb]

So the big dump was caused by bull shit news, massively over estimating a number of coins scammed by an online drug site?

 If that's true the BTC world should be ashamed, reacting to fake news.

Anybody got a link citing the real number of coins stolen by Evolution?

All I keep seeing is the $12mill worth posted everywhere.

Hello, ChuckBuck!
Bitcoin Dark Web Markets, perhaps due to the nature of their business, have been hesitant in releasing full, up-to-date financial data.  Because privacy.
Amateur internet sleuths and forensic accounting aficionados have arrived at BTC40,000; this number eventually upped to BTC130,000 by NSWGreat, an attention whore.
Hope this helps.

[ChartBuddy]

Coin
Explanation

[tarmi]

hello bulls.
I see you are opening longs like mad. good, good. the more you open the harder the fall will be.

I wouldn't hold my breath for the longs getting margin called soon. I mean, I'd love this to happen, but I'm not counting on it.
If the market is in a similar position today with the 13th June 2014, then a long squeeze may only happen ~2 months from now.
Back then, longs kept rising until mid July, and were squeezed during the 11th - 18th August crash.

doesnt matter when will happen...it's fun to watch from the sidelines and as a bear.

[barbs]

Hull Breach

Save the women and children

Pray for my soul

[YourMother]

Celebrating the death of bitcoin with my special bear friend.



Wait till facebook rolls out their payment system to over 1 billion people. Now, I shitted on ripple for a long time, but imagine "Facebook Pay" along with Ripple's technology. A great way to remove the transaction delay which currently requires 1-3 business days.

You would have the perfect payment solution. Bye Bye 6 year old useless beta obscure trash Bitcoin that epic failed at getting mass adoption! Thanks for the blockchain though.

[79b79aa8d5047da6d3XX]

I am expecting the price of Bitcoin to rise up to atleast 300 or over by monday but then again that is my speculation...what do you guys think?

question answered thoroughly in current poll.

[petahashminer]

two houred macd gives  green again, well good news at last.. 270$ road has opened again

[ssmc2]

https://blogs.windows.com/bloggingwindows/2015/03/17/making-windows-10-more-personal-and-more-secure-with-windows-hello/

Yeah it's Windows, but this will be the future of security. Biometric wallets FTW.

"Windows Hello introduces system support for biometric authentication – using your face, iris, or fingerprint to unlock your devices – with technology that is much safer than traditional passwords"

[empowering]

https://blogs.windows.com/bloggingwindows/2015/03/17/making-windows-10-more-personal-and-more-secure-with-windows-hello/

Yeah it's Windows, but this will be the future of security. Biometric wallets FTW.

"Windows Hello introduces system support for biometric authentication – using your face, iris, or fingerprint to unlock your devices – with technology that is much safer than traditional passwords"

Alohar!! http://www.techtimes.com/articles/34023/20150219/alohar-mobile-security-authentication.htm

(security is going to go beyond traditional biometric profiling ^^, for instance using machine learning to learn from the data collected by our devices and using that to build far more complex identification verification models from that data... going to be listening to our heartbeats eventually no doubt too, incidentally our phones will also turn into onboard doctors, as well as onboard policemen)

[ChartBuddy]

Coin
Explanation

[JayJuanGee]

I am expecting the price of Bitcoin to rise up to atleast 300 or over by monday but then again that is my speculation...what do you guys think?

I think that there is a poll specifically answering your question about what guys here think - although I cannot change my vote if I change my mind, so maybe the poll would be different if asked again?

I was personally anticipating in the $290s range on monday, but the majority of others appear to believe below $270 (although some of them may be just attempting to manipulate)... I prefer over $300, but the reality of the matter is that we may need to wait for a while for the market to truely reverse back into a clear upward trend... . several more months is possible and maybe even longer is NOT unrealistic...

[ssmc2]

https://blogs.windows.com/bloggingwindows/2015/03/17/making-windows-10-more-personal-and-more-secure-with-windows-hello/

Yeah it's Windows, but this will be the future of security. Biometric wallets FTW.

"Windows Hello introduces system support for biometric authentication – using your face, iris, or fingerprint to unlock your devices – with technology that is much safer than traditional passwords"

Alohar!! http://www.techtimes.com/articles/34023/20150219/alohar-mobile-security-authentication.htm

(security is going to go beyond traditional biometric profiling ^^, for instance using machine learning to learn from the data collected by our devices and using that to build far more complex identification verification models from that data... going to be listening to our heartbeats eventually no doubt too, incidentally our phones will also turn into onboard doctors, as well as onboard policemen)

Very true. I remember reading somewhere about a device that was already able to monitor an individual's ECG waves as they are even more unique than fingerprints. This stuff is being created as we type.

[michaelGedi]

I have a hunch facepay is not going to kick off... I have this feeling that facebook and money just don't go together. It would feel weird to a user, at this time anyway. All they wanna do is look at stupid videos, pictures and comments, not deal with something serious like money. That comes on a different platform.

I wonder though what possible solutions there are to the problem of innate human laziness and inertia. I mean, bitcoin could be great an all, but do people really want to switch to some new innovative currency for transacting, when their iphone has it all laid out for them in traditional bucks format?

should I make a thread for this? has it been discussed already? (probably)