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

[nanobrain]

Yesterday was a nice little pump but I still can't understand why people were so amazed & shocked by it.
Emotions were running really high in this thread.

In the large scheme of things & with the potential bitcoin has a 10 dollar pump was literally nothing.
I'd understand if it'd shot up to 400 dollars but a 10 dollar rise?

Come on guys, think big.

Er...you were posting pictures of rockets and doling out advice like it was gospel:

"I'd advise people to remove funds from BTC-E as a matter of urgency."

Bitcoin == its like the financial version of cocaine, everyone buys one and becomes a fucking expert in finance/forex.

[1714595989]

1714595989

[Tzupy]

I almost placed a 3x leveraged short at 229$, but was too lazy to press the margin sell button.
Thought I had time until tomorrow to reach 229$, but now I'll have to wait a bit and see how this situation develops.

scared

No, not scared, this was before the crazy BTC-E pump. I expected a small rise reaching about 230$ today, so at that time I had no reason to be scared.
If I wouldn't have been lazy (by delaying placing the short limit order for the next day), yes I would have been scared when seeing the crazy pump.
I still don't understand the BTC-E pump, need more time to see the follow-up, and am now waiting for a new low risk entry for my planned short.

[tarmi]

and what's this story about understanding what happened yesterday?

we can assume it was the stupidity of a bull (that's new  ). he was about to get margin called, needed more coins/$ to refinance his position and debt and voila - the best place to collect coins was btc-e.

now we can continue our downtrend, this merely postponed it for a day.

[Fatman3001]

I almost placed a 3x leveraged short at 229$, but was too lazy to press the margin sell button.
Thought I had time until tomorrow to reach 229$, but now I'll have to wait a bit and see how this situation develops.

scared

No, not scared, this was before the crazy BTC-E pump. I expected a small rise reaching about 230$ today, so at that time I had no reason to be scared.
If I wouldn't have been lazy (by delaying placing the short limit order for the next day), yes I would have been scared when seeing the crazy pump.
I still don't understand the BTC-E pump, need more time to see the follow-up, and am now waiting for a new low risk entry for my planned short.

Is BTC-E still a black hole when it comes to info or is there any chance we will get to know what happened?

[Fatman3001]

and what's this story about understanding what happened yesterday?

we can assume it was the stupidity of a bull (that's new  ). he was about to get margin called, needed more coins/$ to refinance his position and debt and voila - the best place to collect coins was btc-e.

now we can continue our downtrend, this merely postponed it for a day.

ie a bull bought a ton of coins

bullish!!

Thanks Tarmi! I knew you would come around!

[ChartBuddy]

Coin
Explanation

[Bitcoiner2015]

and what's this story about understanding what happened yesterday?

we can assume it was the stupidity of a bull (that's new  ). he was about to get margin called, needed more coins/$ to refinance his position and debt and voila - the best place to collect coins was btc-e.

now we can continue our downtrend, this merely postponed it for a day.

ie a bull bought a ton of coins

bullish!!

Thanks Tarmi! I knew you would come around!

Topping up your account so you can short even more istn't too bullish!

[billyjoeallen]

GOT YOUR COINS, MOTHERFUCKERS!!

How'd that work out for you....



So funny reading all those "here we go" posts 12 hours ago...."and bears be like"

yeah, yeah

If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.

[Wandererfromthenorth]

Pepper your...

[ChartBuddy]

Coin
Explanation

[publicjud]

there will always be bulls and bears...

[tarmi]

If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.

no, stupid fuck.

your buying power will be the same, you will just buy more coins.

[billyjoeallen]

If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.

no, stupid fuck.

your buying power will be the same, you will just buy more coins.

My ability to buy coinz will increase, even if the amount of fiat I have to spend remains constant. I'm pretty sure you'll run out of coinz to sell before I run out of fiat, unless I get fired I suppose.

[tarmi]

If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.

no, stupid fuck.

your buying power will be the same, you will just buy more coins.

My ability to buy coinz will increase

I can see that only your ability to bullshit is increasing while prices are decreasing.

no actual use of it.

[empowering]

Still behaving like a camel fucking animal that you are I see Tarmi.

[empowering]

Congrats on that.

It costs nothing to be civil ya pig.

I am happy to dish your shit straight back to you.

All day long.

[tarmi]

Still behaving like a camel fucking animal that you are I see Tarmi.

still angry because I am making money on you?

good.

[lyth0s]

If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.

no, stupid fuck.

your buying power will be the same, you will just buy more coins.

My ability to buy coinz will increase

I can see that only your ability to bullshit is increasing while prices are decreasing.

no actual use of it.

Since when are people so toxic when they make nice profits? You should be thanking him and the rest of us bulls for buying your coins when you opened your short, as we are thanking the bears for lower bitcoin prices.

Bears can enjoy their increased amount of fiat while bulls enjoy their increased number of bitcoins. See how the market works in harmony?

[empowering]

Still behaving like a camel fucking animal that you are I see Tarmi.

still angry because I am making money on you?

good.

I see comprehension is not your strong point.

I am doing more than fine Tarmi,  do not worry about me,  a no I am not angry, I just cannot abhor the way you behave, you ape like camel fucking savage.

Honestly I am finding this hilarious.

I am flying to Treviso in a few hours... I could not give a fuck for your pennies, you peasant

[billyjoeallen]

If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.

no, stupid fuck.

your buying power will be the same, you will just buy more coins.

My ability to buy coinz will increase

I can see that only your ability to bullshit is increasing while prices are decreasing.

no actual use of it.

You're getting cranky. I tell ya what: I won't buy anymore coinz until Friday unless we go under $200. You have until then to close your shorts with minimal losses or reasonable gains. After that, I'm back in accumulation mode.